THE BOARD OF TRUSTEES OF THE LELAND

Doing business as STANFORD UNIVERSITY

Form 990Tax year 2022EIN 94-1156365501(c)(3)

Filed Jul 12, 2024 · period ending Aug 31, 2023

IRS record

End-of-year assets

$61,810,855,396

Net assets $51,238,304,046

Total revenue

$8,473,666,240

Expenses $8,133,284,247

Officer compensation

$13,308,833

56 listed · 23 paid

Contractors listed

922 paid over $100K

Organization

Legal name: THE BOARD OF TRUSTEES OF THE LELAND
Website: www.stanford.edu
Principal officer: RICHARD SALLER
Phone: 6504986259
Formed: 1885
State of domicile: CA
Employees: 40,771
Volunteers: 13,000
Address: 485 BROADWAY MAIL CODE 8838 · REDWOOD CITY, CA, 94063
Mission: STANFORD UNIVERSITY IS ONE OF A SELECT GROUP OF AMERICAN UNIVERSITIES THAT HAVE ACHIEVED EMINENCE IN BOTH UNDERGRADUATE AND GRADUATE EDUCATION AND RESEARCH - CONT'D SCH O.

Financial activity

Contributions$3,468,332,075

Program service revenue$3,723,764,565

Investment income$1,064,657,583

Total revenue$8,473,666,240

Grants paid$723,702,779

Salaries and benefits$4,884,046,726

Officer compensation$13,308,833

Total expenses$8,133,284,247

Investment management fees$3,842,671

Legal fees$26,668,198

Accounting fees$2,705,389

Other fees for services$443,141,913

Beginning assets$60,274,269,943

Ending assets$61,810,855,396

Liabilities$10,572,551,350

Net assets$51,238,304,046

Publicly traded securities$9,843,987,692

Other securities$37,588,607,721

Officers, directors and key employees

Compensation by person

DAVID SHAW$7M
ROBERT F WALLACE$6M
FRANK HANLEY$5M
LLOYD B MINOR$4M
TARA VANDERVEER$3M
PERSIS DRELL$3M
JAY KANG$3M
Other (16 more)$17M

Independent contractors

Compensation by contractor

THE WHITING-TURNER CONTRACTING CO$63M
DEVCON CONSTRUCTION INC$47M
MAGNIT APC I LLC$43M
GCI GENERAL CONTRACTORS$33M
PALISADE BUILDERS INC$31M

Part VII Section B · highest paid

Independent contractors

Contractor	Services	Location	Compensation
THE WHITING-TURNER CONTRACTING CO	CONSTRUCTION	BALTIMORE, MD	$62,554,161
DEVCON CONSTRUCTION INC	CONSTRUCTION	MILPITAS, CA	$47,376,589
MAGNIT APC I LLC	WORKFORCE SOLUTIONS	BETHPAGE, NY	$42,560,541
GCI GENERAL CONTRACTORS	CONSTRUCTION	SAN FRANCISCO, CA	$33,086,979
PALISADE BUILDERS INC	CONSTRUCTION	CAMPBELL, CA	$31,428,619

Part VII Section A

Officers, directors and key employees

Name	Role	Hours / week	Compensation	From related orgs	Other
DAVID SHAWDIR. FOOTBALL, THRU 11/27/22	Highest compensated	50	$7,081,411	$0	$72,806
ROBERT F WALLACECHIEF EXECUTIVE OFFICER, SMC	Officer	50	$5,045,924	$0	$1,428,319
FRANK HANLEYCHIEF, PED CARDIOTHORACIC	Highest compensated	50	$4,983,965	$0	$59,428
LLOYD B MINORVP OF MED. AFF.,APPT.08/28/23	Officer	50	$4,398,331	$0	$72,491
TARA VANDERVEERDIRECTOR OF WOMEN'S BASKETBALL	Highest compensated	50	$2,814,453	$0	$613,605
PERSIS DRELLPROVOST	Officer	50	$3,102,715	$0	$227,331
JAY KANGSR. MD, SMC	Highest compensated	50	$2,675,619	$0	$386,237
YIPING WOOPROF. & CHAIR, CARDIO SURGERY	Highest compensated	50	$2,869,599	$0	$70,510
MARC TESSIER-LAVIGNEPRESIDENT/TRUSTEE THRU 8/31/23	Trustee or directorOfficer	50	$1,628,003	$0	$781,073
ROBERT C REIDYVP LAND, BUILDINGS & REAL EST	Officer	50	$1,774,294	$0	$118,102
MARTIN SHELLVP & CHIEF ERO	Officer	50	$1,436,965	$0	$327,717
RANDALL LIVINGSTONVP BUS AFFAIRS/CFO	Officer	50	$887,487	$0	$245,418
DEBRA ZUMWALTVP GENERAL COUNSEL	Officer	50	$902,985	$0	$170,532
JON DENNEYVP DEVELOPMENT	Officer	50	$906,193	$0	$133,611
HOWARD WOLFPRES. OF STANFORD ALUM. ASSOC.	Officer	50	$667,736	$0	$114,912
ELIZABETH ZACHARIASVP HUMAN RESOURCES	Officer	50	$587,708	$0	$137,637
FARNAZ KHADEMVP COMMUNICATION	Officer	50	$535,295	$0	$140,962
RYAN M ADESNIKVP GOVERNMENT AFFAIRS	Officer	50	$468,861	$0	$97,634
STEPHEN STREIFFERVP OF SLAC	Officer	50	$427,887	$0	$18,682
DEBORAH CULLINANVP OF ARTS	Officer	50	$413,126	$0	$28,354
BRADLEY HAYWARDFORMER INTERIM VP COMMUN.	Former	50	$338,014	$0	$85,204
HOWARD B PEARSONFORMER INTERIM VP DEVT.	Former	40	$319,400	$0	$45,371
KATHERINE B DUHAMELTRUSTEE	Trustee or director	5	$36,000	$0	$0
FELIX J BAKERTRUSTEE	Trustee or director	5	$0	$0	$0
RICHARD N BARTONTRUSTEE	Trustee or director	5	$0	$0	$0
ANEEL BHUSRITRUSTEE	Trustee or director	5	$0	$0	$0
DEANGELA J BURNS-WALLACETRUSTEE	Trustee or director	5	$0	$0	$0
MICHAEL C CAMUNEZTRUSTEE	Trustee or director	5	$0	$0	$0
MICHELLE R CLAYMANTRUSTEE	Trustee or director	5	$0	$0	$0
ROANN COSTINTRUSTEE, THROUGH 9/30/2022	Trustee or director	5	$0	$0	$0
JAMES G COULTERTRUSTEE	Trustee or director	5	$0	$0	$0
ROBERTA B DENNINGTRUSTEE	Trustee or director	5	$0	$0	$0
JOSE E FELICIANOTRUSTEE	Trustee or director	5	$0	$0	$0
HENRY A FERNANDEZTRUSTEE	Trustee or director	5	$0	$0	$0
ANGELA S FILOTRUSTEE	Trustee or director	5	$0	$0	$0
SAKURAKO D FISHERTRUSTEE	Trustee or director	5	$0	$0	$0
JAMES D HALPERTRUSTEE	Trustee or director	5	$0	$0	$0
MARC E JONESTRUSTEE	Trustee or director	5	$0	$0	$0
LATONIA G KARRTRUSTEE, THROUGH 1/31/2023	Trustee or director	5	$0	$0	$0
SARAH H KETTERERTRUSTEE	Trustee or director	5	$0	$0	$0
CAROL C LAMTRUSTEE	Trustee or director	5	$0	$0	$0
MARC S LIPSCHULTZTRUSTEE	Trustee or director	5	$0	$0	$0
KENNETH E OLIVIERTRUSTEE	Trustee or director	5	$0	$0	$0
CARRIE W PENNERTRUSTEE	Trustee or director	5	$0	$0	$0
LAURENE POWELL JOBSTRUSTEE, THROUGH 9/30/2022	Trustee or director	5	$0	$0	$0
NADIA N RAWLINSONTRUSTEE, APPOINTED 10/1/2022	Trustee or director	5	$0	$0	$0
MINDY B ROGERSTRUSTEE	Trustee or director	5	$0	$0	$0
LILY SARAFANTRUSTEE	Trustee or director	5	$0	$0	$0
SRINIJA SRINIVASANTRUSTEE	Trustee or director	5	$0	$0	$0
JEFFREY E STONETRUSTEE	Trustee or director	5	$0	$0	$0
GENE T SYKESTRUSTEE	Trustee or director	5	$0	$0	$0
ELIZABETH H WEATHERMANTRUSTEE	Trustee or director	5	$0	$0	$0
MAURICE C WERDEGARTRUSTEE	Trustee or director	5	$0	$0	$0
CLARA WU TSAITRUSTEE	Trustee or director	5	$0	$0	$0
JERRY YANGTRUSTEE	Trustee or director	5	$0	$0	$0
CHARLES D YOUNGTRUSTEE	Trustee or director	5	$0	$0	$0