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Nonprofiteer
← THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY

Form 990 for tax year 2024

Filed by THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY.

Totals

Total revenue
$10,152,608,690
Total expenses
$9,686,130,733
Contributions and grants received
$3,260,422,592
Grants paid
$887,704,139
Program services expenses (Part IX)
$8,584,256,525
Management and general expenses
$946,578,318
Fundraising expenses
$155,295,890
Program service expenses (Part III)
$8,584,256,525

Program services were 88.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ROBERT F WALLACE

    CHIEF EXECUTIVE OFFICER, SMC

    Total calculated
    $6,311,502
    From this org
    $5,407,651
    From related orgs
    $0
    Other
    $903,851
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,201,351
    Bonus
    $2,325,000
    Other
    $1,881,300
    Deferred
    $827,800
    Nontaxable benefits
    $76,051
    Filer's total
    $6,311,502

  • FRANK HANLEY

    CHIEF, PED CARDIOTHORACIC

    Total calculated
    $5,327,982
    From this org
    $5,260,818
    From related orgs
    $0
    Other
    $67,164
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $2,108,300
    Bonus
    $2,600,000
    Other
    $552,518
    Deferred
    $34,500
    Nontaxable benefits
    $32,664
    Filer's total
    $5,327,982

  • PHILIP A PIZZO

    FORMER DEAN SCHOOL OF MEDICINE

    Total calculated
    $4,156,115
    From this org
    $4,156,115
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $4,156,115
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $4,156,115

  • JAY KANG

    SR. MD, SMC, THRU 12/19/2024

    Total calculated
    $3,942,456
    From this org
    $3,849,978
    From related orgs
    $0
    Other
    $92,478
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $848,850
    Bonus
    $2,144,375
    Other
    $856,753
    Deferred
    $34,500
    Nontaxable benefits
    $57,978
    Filer's total
    $3,942,456

  • LLOYD B MINOR

    VP MEDICAL AFFAIRS

    Total calculated
    $3,727,284
    From this org
    $2,987,124
    From related orgs
    $0
    Other
    $740,160
    Hours/week
    48 + 2 related

    Schedule J breakdown matched by us

    Base
    $2,379,070
    Bonus
    $600,000
    Other
    $8,054
    Deferred
    $690,750
    Nontaxable benefits
    $49,410
    Filer's total
    $3,727,284

  • TROY SCOTT TAYLOR

    DIR. OF FOOTBALL, THRU 3/25/25

    Total calculated
    $3,588,542
    From this org
    $3,510,344
    From related orgs
    $0
    Other
    $78,198
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $3,288,608
    Bonus
    $150,000
    Other
    $71,736
    Deferred
    $20,700
    Nontaxable benefits
    $57,498
    Filer's total
    $3,588,542

  • BERNARD MUIR

    ATHLETICS DIR, THRU 8/31/2025

    Total calculated
    $3,481,224
    From this org
    $3,226,875
    From related orgs
    $0
    Other
    $254,349
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $2,120,587
    Bonus
    $365,000
    Other
    $741,288
    Deferred
    $203,944
    Nontaxable benefits
    $50,405
    Filer's total
    $3,481,224

  • ROBERT C REIDY

    VP LAND, BUILDINGS, REAL EST

    Total calculated
    $2,345,549
    From this org
    $1,999,075
    From related orgs
    $0
    Other
    $346,474
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $717,828
    Bonus
    $400,000
    Other
    $881,247
    Deferred
    $323,389
    Nontaxable benefits
    $23,085
    Filer's total
    $2,345,549

  • RICHARD P SALLER

    FORMER PRESIDENT

    Total calculated
    $2,040,289
    From this org
    $1,898,915
    From related orgs
    $0
    Other
    $141,374
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $448,377
    Bonus
    $500,000
    Other
    $950,538
    Deferred
    $34,500
    Nontaxable benefits
    $106,874
    Filer's total
    $2,040,289

  • JENNY MARTINEZ

    PROVOST

    Total calculated
    $1,702,520
    From this org
    $1,269,773
    From related orgs
    $0
    Other
    $432,747
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,169,773
    Bonus
    $100,000
    Other
    $0
    Deferred
    $343,071
    Nontaxable benefits
    $89,676
    Filer's total
    $1,702,520

  • MARTIN SHELL

    VP & CHIEF ERO, INTERIM VP DEV

    Total calculated
    $1,633,324
    From this org
    $1,438,380
    From related orgs
    $0
    Other
    $194,944
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $871,499
    Bonus
    $250,000
    Other
    $316,881
    Deferred
    $138,167
    Nontaxable benefits
    $56,777
    Filer's total
    $1,633,324

  • JONATHAN D LEVIN

    PRESIDENT/TRUSTEE

    Total calculated
    $1,564,885
    From this org
    $1,306,218
    From related orgs
    $0
    Other
    $258,667
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,305,343
    Bonus
    $0
    Other
    $875
    Deferred
    $218,926
    Nontaxable benefits
    $39,741
    Filer's total
    $1,564,885

  • MARC TESSIER-LAVIGNE

    FORMER PRESIDENT

    Total calculated
    $1,477,945
    From this org
    $1,296,742
    From related orgs
    $0
    Other
    $181,203
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $555,340
    Bonus
    $0
    Other
    $741,402
    Deferred
    $159,500
    Nontaxable benefits
    $21,703
    Filer's total
    $1,477,945

  • PERSIS DRELL

    FORMER PROVOST

    Total calculated
    $1,252,142
    From this org
    $931,768
    From related orgs
    $0
    Other
    $320,374
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $931,768
    Bonus
    $0
    Other
    $0
    Deferred
    $284,500
    Nontaxable benefits
    $35,874
    Filer's total
    $1,252,142

  • RANDALL LIVINGSTON

    VP BUS AFF/CFO, THRU 8/31/2025

    Total calculated
    $1,173,995
    From this org
    $971,256
    From related orgs
    $0
    Other
    $202,739
    Hours/week
    48 + 2 related

    Schedule J breakdown matched by us

    Base
    $949,448
    Bonus
    $0
    Other
    $21,808
    Deferred
    $164,842
    Nontaxable benefits
    $37,897
    Filer's total
    $1,173,995

  • DEBRA ZUMWALT

    VP GENERAL COUNSEL

    Total calculated
    $1,165,143
    From this org
    $987,300
    From related orgs
    $0
    Other
    $177,843
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $965,262
    Bonus
    $0
    Other
    $22,038
    Deferred
    $155,735
    Nontaxable benefits
    $22,108
    Filer's total
    $1,165,143

  • JON DENNEY

    VP DEVELOPMENT, THRU 6/6/2025

    Total calculated
    $1,115,751
    From this org
    $1,034,165
    From related orgs
    $0
    Other
    $81,586
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $830,940
    Bonus
    $203,200
    Other
    $25
    Deferred
    $34,500
    Nontaxable benefits
    $47,086
    Filer's total
    $1,115,751

  • MEGAN PIERSON

    VP UNIVERSITY AFFAIRS

    Total calculated
    $1,061,897
    From this org
    $808,915
    From related orgs
    $0
    Other
    $252,982
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $612,915
    Bonus
    $186,000
    Other
    $10,000
    Deferred
    $215,056
    Nontaxable benefits
    $37,926
    Filer's total
    $1,061,897

  • ELIZABETH ZACHARIAS

    VP HUMAN RESOURCES

    Total calculated
    $1,027,460
    From this org
    $657,210
    From related orgs
    $0
    Other
    $370,250
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $529,278
    Bonus
    $106,200
    Other
    $21,732
    Deferred
    $293,000
    Nontaxable benefits
    $77,250
    Filer's total
    $1,027,460

  • HOWARD WOLF

    VP ALUM AFFAIR,PRES ALUM ASSOC

    Total calculated
    $951,829
    From this org
    $676,205
    From related orgs
    $0
    Other
    $275,624
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $592,359
    Bonus
    $70,000
    Other
    $13,846
    Deferred
    $215,056
    Nontaxable benefits
    $60,568
    Filer's total
    $951,829

  • KATHRYN ANN MOLER

    VP OF SLAC, APPT 9/23/2024

    Total calculated
    $935,063
    From this org
    $833,248
    From related orgs
    $0
    Other
    $101,815
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $601,163
    Bonus
    $100,000
    Other
    $132,085
    Deferred
    $34,500
    Nontaxable benefits
    $67,315
    Filer's total
    $935,063

  • RYAN M ADESNIK

    VP GOVERNMENT AFFAIRS

    Total calculated
    $716,343
    From this org
    $527,247
    From related orgs
    $0
    Other
    $189,096
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $457,472
    Bonus
    $69,750
    Other
    $25
    Deferred
    $116,625
    Nontaxable benefits
    $72,471
    Filer's total
    $716,343

  • FARNAZ KHADEM

    VP COMMUNICATION

    Total calculated
    $654,588
    From this org
    $590,164
    From related orgs
    $0
    Other
    $64,424
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $489,556
    Bonus
    $73,500
    Other
    $27,108
    Deferred
    $39,729
    Nontaxable benefits
    $24,695
    Filer's total
    $654,588

  • DEBORAH CULLINAN

    VP ARTS

    Total calculated
    $632,967
    From this org
    $541,040
    From related orgs
    $0
    Other
    $91,927
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $470,540
    Bonus
    $70,500
    Other
    $0
    Deferred
    $45,671
    Nontaxable benefits
    $46,256
    Filer's total
    $632,967

  • FELIX J BAKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • RICHARD N BARTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • ANEEL BHUSRI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • ROELOF F BOTHA

    TRUSTEE, APPOINTED 12/1/2024

    Total calculated
    $0
    Hours/week
    5

  • AMY M BROOKS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • STACY BROWN-PHILPOT

    TRUSTEE, APPOINT 2/1/2025

    Total calculated
    $0
    Hours/week
    5

  • MARISA D BRUTOCO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • DEANGELA J BURNS-WALLACE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • MICHAEL C CAMUNEZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • JAMES G COULTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • ROBERTA B DENNING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • KATHERINE B DUHAMEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • JOSE E FELICIANO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • HENRY A FERNANDEZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • ANGELA S FILO

    TRUSTEE, THROUGH 3/31/2025

    Total calculated
    $0
    Hours/week
    5

  • SAKURAKO D FISHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • MARC E JONES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5 + 2 related

  • SARAH H KETTERER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • JOHN B KLEINHEINZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • JANE A LAUDER

    TRUSTEE, APPOINTED 2/1/2025

    Total calculated
    $0
    Hours/week
    5

  • MARC S LIPSCHULTZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • KENNETH E OLIVIER

    TRUSTEE, THROUGH 11/30/2024

    Total calculated
    $0
    Hours/week
    5

  • CARRIE W PENNER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • NADIA N RAWLINSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • PETER SALOVEY

    TRUSTEE, APPOINTED 12/1/2024

    Total calculated
    $0
    Hours/week
    5

  • LILY SARAFAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • AMIT SINHA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5 + 4 related

  • ELIZABETH H WEATHERMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • MAURICE C WERDEGAR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • CLARA WU TSAI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • JERRY YANG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • CHARLES D YOUNG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • GIUSEPPE P ZOCCO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Housing allowance or residence for personal use
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
FIRST-CLASS, COMPANION AND CHARTER TRAVEL STANFORD UNIVERSITY TRAVEL POLICY GENERALLY REQUIRES ALL EMPLOYEES, INCLUDING PERSONS LISTED ON FORM 990, PART VII, LINE 1A, TO USE THE MOST ECONOMICAL MODE OF TRANSPORTATION AVAILABLE CONSISTENT WITH THE AUTHORIZED BUSINESS PURPOSE OF THE TRAVEL. FIRST CLASS TRAVEL IS AUTHORIZED IN SOME INSTANCES, SUCH AS ON INTERNATIONAL FLIGHTS OVER A CERTAIN LENGTH, IF NO BUSINESS CLASS SERVICE IS AVAILABLE ON THE FLIGHT. FIRST CLASS TRAVEL IS ALSO AUTHORIZED IN CASE OF A MEDICAL NEED OR OTHER EXIGENCY APPROVED BY THE PROVOST. IN ADDITION, THE PRESIDENT HAS PERMISSION TO FLY FIRST CLASS ON CERTAIN DOMESTIC FLIGHTS DEPENDING ON LENGTH. OCCASIONALLY, THE UNIVERSITY MAY PURCHASE CHARTERED AIRCRAFT SERVICES WHEN DEEMED APPROPRIATE FOR THE CONDUCT OF UNIVERSITY BUSINESS AND PURSUANT TO UNIVERSITY POLICY RELATED TO CHARTER TRAVEL. IN COMPLIANCE WITH THE UNIVERSITY'S TRAVEL POLICY DESCRIBED ABOVE, FOUR EMPLOYEES LISTED ON PART VII USED FIRST CLASS TRAVEL SERVICES DURING CALENDAR YEAR 2024. IN GENERAL, COMPANION TRAVEL IS REIMBURSABLE ONLY IF THE ACCOMPANYING PERSON HAS A POSITION WITH THE UNIVERSITY AND IS TRAVELING TO MAKE A SIGNIFICANT CONTRIBUTION IN FURTHERANCE OF UNIVERSITY BUSINESS. EXCEPTIONS TO THIS POLICY ARE RARE AND MUST BE APPROVED IN ADVANCE OF TRAVEL BY THE PROVOST. NO EMPLOYEE LISTED ON PART VII RECEIVED COMPANION TRAVEL DURING CALENDAR YEAR 2024. NON-TAXABLE HOUSING/PERSONAL SERVICES AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY, THE PRESIDENT AND THE PROVOST ARE REQUIRED TO LIVE ON CAMPUS. THESE RESIDENCES ARE USED FREQUENTLY FOR UNIVERSITY BUSINESS INCLUDING OFFICIAL GATHERINGS OF FACULTY, STAFF, STUDENTS, ALUMNI, DONORS AND THEIR FAMILIES. WHERE APPLICABLE AND AS PART OF A PROGRAM OF APPROPRIATE AND REGULAR MAINTENANCE OF THESE HOUSES, THE UNIVERSITY PROVIDES CLEANING SERVICE FOR THE PUBLIC AND PRIVATE AREAS. THE UNIVERSITY HAS INCLUDED AS NONTAXABLE COMPENSATION IN COLUMN D THE ESTIMATED RENTAL VALUE OF HOUSING BASED UPON THE PREVAILING RENTAL RATES IN THE LOCAL AREA, AND WHERE APPLICABLE, ACTUAL COSTS OF RELATED SERVICES, INCLUDING MAINTENANCE AND UTILITIES DURING CALENDAR YEAR 2024. THE FOLLOWING INDIVIDUALS RECEIVED TAXABLE HOUSING BENEFITS DURING CALENDAR YEAR 2024: FARNAZ KHADEM, FRANK HANLEY, LLOYD B. MINOR, ROBERT F. WALLACE, ELIZABETH ZACHARIAS, KATHRYN ANN MOLER AND TROY SCOTT TAYLOR. THESE AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III).
PART I, LINE 4B
DEFERRED COMPENSATION PLAN PROVISIONS CERTAIN OFFICERS AND OTHERS LISTED IN PART VII, SECTION A, LINE 1A PARTICIPATE IN A DEFERRED COMPENSATION PLAN. AMOUNTS ARE CREDITED TO THE PLAN BASED ON PERFORMANCE AND CERTAIN OTHER FACTORS. PLAN BALANCES ARE SUBJECT TO FORFEITURE AND/OR PAYMENT IF CERTAIN CONDITIONS ARE MET. CERTAIN BONUS AMOUNTS MAY BE DEFERRED AND PAID IN A LATER YEAR SUBJECT TO IRC SECTION 457(F). IN GENERAL, PER THE INSTRUCTIONS FOR SCHEDULE J, PART II, COLUMN (C), DEFERRED COMPENSATION IS TREATED AS EARNED RATABLY OVER THE PERIOD OF SERVICE REQUIRED FOR VESTING. A MONTHLY CONVENTION HAS BEEN USED TO PRORATE AMOUNTS OVER THE APPLICABLE VESTING PERIOD. COLUMN (C) DOES NOT INCLUDE AMOUNTS DEFERRED IN A CALENDAR YEAR TO A DATE ON OR BEFORE MARCH 15TH OF THE FOLLOWING CALENDAR YEAR. THE NET EFFECT OF APPLYING THE FOREGOING RULES AND CONVENTIONS, AND DIFFERING VESTING SCHEDULES, IS THAT DEFERRED COMPENSATION REPORTED IN COLUMN (C) FOR AN INDIVIDUAL MAY VARY OVER TIME. DEFERRED COMPENSATION IS REPORTED IN SCHEDULE J, PART II, COLUMN (C), AS DESCRIBED ABOVE, AND IS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III), AND COLUMN (F) IN THE YEAR OF PAYMENT, IF APPLICABLE. THE FOLLOWING INDIVIDUALS RECEIVED PAYMENT FROM THEIR DEFERRED COMPENSATION ACCOUNT DURING CALENDAR YEAR 2024: ROBERT F. WALLACE, $1,874,454; ROBERT C. REIDY, $864,863; MARTIN SHELL, $296,779; JAY KANG, $736,223; PHILIP A. PIZZO, $4,156,115; BERNARD MUIR, $737,257. SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (SERPS) THE UNIVERSITY PROVIDES FORMER PRESIDENT MARC TESSIER-LAVIGNE WITH A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) TO SUPPLEMENT HIS OTHER RETIREMENT BENEFITS. THE SERP WAS EARNED GRADUALLY OVER HIS TERM OF SERVICE AS PRESIDENT. IN FY2025, THE PRESIDENT BECAME ELIGIBLE TO RECEIVE FIRST OF HIS THREE PAYOUT FOR THE AMOUNT ACCRUED UNDER THE SERP. THE TOTAL PAYOUT HE RECEIVED WAS $741,402, AND WAS REPORTED IN SCHEDULE J, PART II, COLUMN B(III).
PART I, LINE 7 AND PART II, COLUMN (B)(II)
VARIABLE COMPENSATION OF SCHOOL OF MEDICINE FACULTY TOTAL COMPENSATION FOR FACULTY IN THE SCHOOL OF MEDICINE IS MADE UP OF THE FOLLOWING INTEGRAL COMPONENTS: SALARY AND BENEFITS, ADMINISTRATIVE SUPPLEMENTS, AND BONUSES AWARDED UNDER DEPARTMENTAL PLANS. BASE SALARY IS BASED ON ACADEMIC RANK (E.G., PROFESSOR, ASSISTANT PROFESSOR). A VARIABLE COMPONENT OF SALARY IS DETERMINED BY THE CONTRIBUTION OF THE INDIVIDUAL TO THE DEPARTMENT/DIVISION AND THE CLINICAL SPECIALTY OF THE FACULTY MEMBER. OTHER SALARY SUPPLEMENTS ARE OCCASIONALLY USED TO PROVIDE FOR COMPENSATION GIVEN UP BY A FACULTY MEMBER WHEN ASSUMING A POSITION AT STANFORD. ADMINISTRATIVE SUPPLEMENTS ARE PAID TO FACULTY WHO TAKE ON DUTIES WHICH ARE OUTSIDE THEIR USUAL FACULTY RESPONSIBILITIES AND OUTSIDE NORMAL COMMITTEE WORK. INCENTIVE BONUSES ARE CONSIDERED A FUNDAMENTAL COMPONENT OF TOTAL COMPENSATION. THEY ARE PAID OUT BY THE DEPARTMENTS BASED ON THE DEPARTMENTS' INCENTIVE BONUS PLAN MEASURING THE FACULTY MEMBER'S EFFORTS IN ADMINISTRATIVE LEADERSHIP, CLINICAL, RESEARCH, AND/OR TEACHING AREAS AS DEFINED BY THE PLAN. IN ADDITION, THE DEAN HAS A BONUS PLAN FOR CLINICAL CHAIRS BASED ON ACHIEVEMENT OF LEADERSHIP GOALS. SOME DEPARTMENTS HAVE "ON-CALL"COVERAGE" BONUSES TO PROVIDE COMPENSATION FOR A FACULTY MEMBER'S PROVIDING OFF-HOURS COVERAGE. VARIABLE COMPENSATION OF INVESTMENT PROFESSIONALS A PORTION OF THE COMPENSATION PAID TO EACH LISTED INVESTMENT PROFESSIONAL AT STANFORD MANAGEMENT COMPANY (SMC) IS BASED ON A COMBINATION OF THREE FACTORS: MERGED POOL ANNUALIZED PERFORMANCE VERSUS A BENCHMARK PORTFOLIO, MERGED POOL ANNUALIZED PERFORMANCE VERSUS THE PERFORMANCE OF CERTAIN OTHER COLLEGE AND UNIVERSITY ENDOWMENT INVESTMENT POOLS IN THE UNITED STATES, AND INDIVIDUAL PERFORMANCE. VARIABLE COMPENSATION OF ATHLETICS PROFESSIONALS LISTED ATHLETICS PROFESSIONALS ARE ELIGIBLE TO RECEIVE BONUSES AND INCENTIVE COMPENSATION BASED ON FACTORS INCLUDING THE ACADEMIC PERFORMANCE OF THE STUDENT-ATHLETES, ATHLETIC PERFORMANCE, ATTENDANCE AT ATHLETIC EVENTS, AND/OR LEADERSHIP, AS PROVIDED IN THE PROFESSIONALS' COMPENSATION AGREEMENTS. VARIABLE COMPENSATION OF DEVELOPMENT PROFESSIONALS LISTED DEVELOPMENT PROFESSIONALS ARE ELIGIBLE TO RECEIVE BONUSES AND INCENTIVE COMPENSATION BASED ON PERFORMANCE AGAINST METRICS INCLUDING NEW DEVELOPMENT ACTIVITY, THREE-YEAR AVERAGE CASH RESULTS, AND ONE-YEAR CASH RESULTS. VARIABLE COMPENSATION OF OFFICERS AND OTHERS OFFICERS AND OTHERS ARE ELIGIBLE TO RECEIVE BONUSES AND INCENTIVE COMPENSATION BASED ON PERFORMANCE. CURRENT YEAR BONUS AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN B(II). CERTAIN BONUS AMOUNTS MAY BE DEFERRED AND PAID IN A LATER YEAR SUBJECT TO IRC SECTION 457(F). SUCH AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN (C) RATABLY OVER THE PERIOD OF TIME REQUIRED FOR VESTING AND REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III) AND COLUMN (F) IN THE YEAR OF PAYMENT, IF APPLICABLE.
PART II, COLUMN (B)(III)
OTHER REPORTABLE COMPENSATION IN PART II, COLUMN (B)(III) INCLUDES HOUSING ASSISTANCE AND OTHER MISCELLANEOUS COMPENSATION, SUCH AS PAYMENT IN LIEU OF SABBATICAL LEAVE. THIS DOES NOT INCLUDE VARIOUS ITEMS OF "LISTED PROPERTY" (E.G., COMPUTERS AND PERIPHERALS) THAT STANFORD HAS PROVIDED TO THE ABOVE LISTED EMPLOYEES PRINCIPALLY FOR THEIR BUSINESS USE AND NOT AS COMPENSATION.
PART II, COLUMNS (C) AND (D)
LISTED PERSONS ACCRUE FUTURE BENEFITS THAT ARE AVAILABLE TO ALL STANFORD EMPLOYEES, SUCH AS POST-RETIREMENT MEDICAL INSURANCE AND TUITION BENEFITS, AND LISTED PERSONS WHO ARE ALSO FACULTY OR OFFICERS ACCRUE FUTURE BENEFITS SUCH AS SABBATICAL. THESE BENEFITS ARE SUBJECT TO CERTAIN ELIGIBILITY REQUIREMENTS SUCH AS AGE, YEARS OF SERVICE, AND EMPLOYEE CLASSIFICATION. FOR SOME BENEFIT PLANS, THE UNIVERSITY RESERVES THE RIGHT TO CHANGE ELIGIBILITY REQUIREMENTS AND/OR THE NATURE AND EXTENT OF THE BENEFIT BEING PROMISED. THE VALUE OF THESE BENEFITS IS REPORTED FOR EACH LISTED PERSON IN THE YEAR, IF ANY, SUCH BENEFITS ARE RECEIVED.
PART II, COLUMN (F)
AMOUNTS APPEARING IN COLUMN (F) ARE DEFERRED COMPENSATION PAYMENTS REPORTED IN COLUMN (C) IN PRIOR YEARS AND THAT ARE REPORTED (A SECOND TIME) IN COLUMN (B)(III) IN THE CURRENT YEAR UPON RECEIPT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
6 July 2026
IRS schema version
2024v5.2
Source object
202621979349300242

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.