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Nonprofiteer
← STANFORD BUSINESS SCHOOL ALUMNI ASSOCIATION

Form 990 for tax year 2023

Filed by STANFORD BUSINESS SCHOOL ALUMNI ASSOCIATION.

Totals

Total revenue
$3,811,559
Total expenses
$4,298,008
Contributions and grants received
$0
Grants paid
$4,250,000
Program service revenue
$180
Investment income
$3,805,381
Other revenue
$5,998
Total assets, end of year
$3,095,382
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,095,382
Program services expenses (Part IX)
$4,250,000
Management and general expenses
$48,008
Fundraising expenses
$0
Program service expenses (Part III)
$4,250,000

Program services were 98.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: PORTLAND CHAPTER INCOME

    total $180 · related or exempt $180

  • 3 · Investment income

    total $134,469 · excluded $134,469

  • 7a · Gross sales of assets other than inventory

    securities $10,146,015

  • 7b · Less cost or other basis and sales expenses

    securities $6,475,103

  • 7c · Gain or loss

    securities $3,670,912

  • 7d · Net gain or loss

    total $3,670,912 · excluded $3,670,912

  • 11a · Other revenue: MISC INCOME

    total $5,998 · excluded $5,998

  • 11e · Other revenue, total

    $5,998

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,250,000 · program services $4,250,000

  • 11a · Fees: management

    total $36,844 · management and general $36,844

  • 24a · Other expenses: TAX PREP FEE

    total $10,270 · management and general $10,270

  • 24b · Other expenses: FOREIGN TAXES PAID

    total $669 · management and general $669

  • 24c · Other expenses: TAXES AND LICENSES

    total $225 · management and general $225

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $126,821 · end of year $101,283

  • 4 · Accounts receivable

    beginning of year $5,039 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $6,363,011 · end of year $2,994,099

  • 27 · Net assets without donor restrictions

    beginning of year $6,494,871 · end of year $3,095,382

Mission and programs · 2023

Mission

TO ENGAGE AND SERVE STANFORD GSB ALUMNI THROUGHOUT THEIR LIVES AND TO ADVANCE STANFORD GSB IN ITS MISSION TO DEVELOP INNOVATIVE, PRINCIPLED, AND INSIGHTFUL LEADERS WHO CHANGE THE WORLD.

  • SCHOLARSHIP PROGRAM - SBSAA PROVIDES NEED-BASED SCHOLARSHIPS FOR ELIGIBLE STUDENTS.

    Expenses $10,000 · Grants $10,000

  • ALUMNI RELATIONS PROGRAMS - SBSAA PROVIDES SUPPORT TO THE SCHOOL FOR GENERAL BUDGET RELIEF WHICH IS BEING ALLOCATED TO VARIOUS PROGRAMS AT THE SCHOOL'S DISCRETION.

    Expenses $4,240,000 · Grants $4,240,000

As filed on the 2023 return.

Listed in Part VII

  • Adriane Armstrong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alan Chiu

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • James Fitch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Anna Neverova

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Yoon

    VICE PRESIDENT/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Deepak Marda

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Fausto Miranda

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jessica Verran-Lingard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joanna Ng

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Owen West

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Leslie Sweat

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    40
  • Marquis Parker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Martine Liautaud

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tj Duane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michaela Cassidy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michelle Cline

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Susan O'Malley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Valerie Shen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carl Ziade

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

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
2023
Filed
30 June 2025
IRS schema version
2023v6.0
Source object
202501969349301775

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