Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2017
Open to Public Inspection
Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY
Employer identification number

94-1156365
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e)Original principal amount (f)Balance due (g) In default? (h) Approved by board or committee? (i)Written agreement?
To From Yes No Yes No Yes No
(1) PERSIS DRELL OFFICER HOUSING   X 600,000 299,843   No Yes   Yes  
(2) PERSIS DRELL OFFICER HOUSING   X 175,000 140,603   No Yes   Yes  
(3) HARRY ELAM OFFICER HOUSING   X 600,000 600,000   No Yes   Yes  
(4) HARRY ELAM OFFICER HOUSING   X 350,000 350,000   No Yes   Yes  
(5) HARRY ELAM OFFICER HOUSING   X 235,000 141,000   No Yes   Yes  
(6) HARRY ELAM OFFICER HOUSING   X 150,000 150,000   No Yes   Yes  
(7) JOHN ETCHEMENDY FORMER OFFICER HOUSING   X 1,710,000 1,710,000   No Yes   Yes  
(8) LLOYD MINOR KEY EMPLOYEE HOUSING   X 780,534 780,534   No Yes   Yes  
(9) LLOYD MINOR KEY EMPLOYEE HOUSING   X 719,466 411,123   No Yes   Yes  
(10) PHILIP PIZZO FORMER KEY EMPLOYEE HOUSING   X 1,500,000 1,500,000   No Yes   Yes  
(11) PHILIP PIZZO FORMER KEY EMPLOYEE HOUSING   X 1,211,800 1,051,851   No Yes   Yes  
(12) RICHARD SALLER FORMER KEY EMPLOYEE HOUSING   X 25,000 25,000   No Yes   Yes  
(13) MARTIN SHELL OFFICER HOUSING   X 1,000,000 750,000   No Yes   Yes  
(14) ROBERT WALLACE KEY EMPLOYEE HOUSING   X 3,000,000 3,000,000   No Yes   Yes  
(15) ROBERT WALLACE KEY EMPLOYEE HOUSING   X 700,000 700,000   No Yes   Yes  
(16) ROBERT WALLACE KEY EMPLOYEE HOUSING   X 200,000 200,000   No Yes   Yes  
(17) ROBERT WALLACE KEY EMPLOYEE HOUSING   X 100,000 70,000   No Yes   Yes  
(18) ELIZABETH ZACHARIAS OFFICER HOUSING   X 700,000 700,000   No Yes   Yes  
(19) ELIZABETH ZACHARIAS OFFICER HOUSING   X 250,000 250,000   No Yes   Yes  
(20) ELIZABETH ZACHARIAS OFFICER HOUSING   X 100,000 100,000   No Yes   Yes  
(21) ELIZABETH ZACHARIAS OFFICER HOUSING   X 100,000 80,000   No Yes   Yes  
Total ...............Small Bullet $ 13,009,954
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2017
Page 2
Schedule L (Form 990 or 990-EZ) 2017
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) JEANNE MARIE DAVILA SEE PART V 229,203 COMPENSATION   No
(2) MICHELE ELAM SEE PART V 282,225 COMPENSATION   No
(3) MARY HYNES SEE PART V 33,120 COMPENSATION   No
(4) SUSAN LIAUTAUD SEE PART V 20,000 COMPENSATION   No
(5) TANYA LUHRMANN SEE PART V 237,096 COMPENSATION   No
(6) BETH MCLELLAN SEE PART V 89,892 COMPENSATION   No
(7) GILLIAN RAIKES SEE PART V 41,457 COMPENSATION   No
(8) JAMES WELCH SEE PART V 190,922 COMPENSATION   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
SCHEDULE L, PART II LOANS TO/FROM INTERESTED PERSONS: IN A PROGRAM TO ATTRACT AND RETAIN EXCELLENT FACULTY AND SENIOR STAFF, THE UNIVERSITY PROVIDES HOME MORTGAGE FINANCING ASSISTANCE, PRIMARILY IN THE FORM OF SUBORDINATED LOANS, TYPICALLY IN CONJUNCTION WITH FIRST MORTGAGE LOANS PROVIDED BY PRIVATE LENDERS. THESE LOANS ARE COLLATERALIZED BY DEEDS OF TRUST ON PROPERTIES IN THE REGION SURROUNDING THE UNIVERSITY. DEPENDING ON CIRCUMSTANCES, THE BORROWER WILL RECEIVE A COMBINATION OF LOANS WITH VARYING INTEREST RATE AND PRINCIPAL PAYMENT TERMS. ELIGIBLE FACULTY AND SENIOR STAFF MAY ALSO RECEIVE A TAXABLE STIPEND TO ASSIST IN SERVICING THEIR MORTGAGE DEBT. FROM TIME TO TIME, CERTAIN OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY MAY BE ELIGIBLE FOR SUCH SUPPORT. EACH LOAN TO AN INTERESTED PERSON IS MADE FROM STANFORD TO THE INDIVIDUAL (COLUMN D). NONE OF THE LOANS IS IN DEFAULT (COLUMN G). ALL LOANS HAVE BEEN APPROVED BY THE BOARD OF TRUSTEES (COLUMN H). FOR EACH LOAN ISSUED, THERE EXISTS A WRITTEN AGREEMENT BETWEEN STANFORD AND THE BORROWER (COLUMN I). MORTGAGE TERMS GOVERN THE CALCULATION AND PAYMENT OF INTEREST WHICH APPROXIMATE MARKET RATES.
SCHEDULE L, PART III GRANTS TO INTERESTED PERSONS: THE ONLY GRANT RELATED TRANSACTIONS ARE THOSE IN WHICH AN INTERESTED PERSON PAYS TUITION, ROOM AND/OR BOARD COSTS OR RECEIVES FINANCIAL AID, WORK/STUDY ASSISTANCE, AND/OR RESEARCH GRANTS FOR A STUDENT AT THE UNIVERSITY. SUCH AMOUNTS WOULD BE IN ACCORDANCE WITH FINANCIAL AID OR GRANT PRACTICES AT ARM'S LENGTH, AND ARE PROTECTED UNDER FERPA, THEREFORE, THEY CAN NOT BE DISCLOSED ON PART III.
SCHEDULE L, PART IV BUSINESS TRANSACTIONS WITH INTERESTED PERSONS: CERTAIN STANFORD EMPLOYEES HAVE A FAMILY RELATIONSHIP WITH A LISTED PERSON. GENERALLY, SUCH EMPLOYEES WERE EITHER HIRED PRIOR TO THE LISTED PERSON'S EMPLOYMENT WITH STANFORD OR PRIOR TO THEIR APPOINTMENT AS AN OFFICER, TRUSTEE, OR KEY EMPLOYEE OF STANFORD. IN SOME INSTANCES, THE FAMILY MEMBER WAS HIRED CONCURRENTLY WITH THE LISTED PERSON'S EMPLOYMENT AT STANFORD, SUCH AS HIRING BOTH SPOUSES IN ONE RECRUITMENT. IN NO CASE WAS THE LISTED PERSON RESPONSIBLE FOR OR INVOLVED IN THE HIRING OF THE RELATED EMPLOYEE. NEITHER WERE THEY RESPONSIBLE FOR THE COMPENSATION, DIRECTION, EVALUATION OR CONTINUED EMPLOYMENT OF THE RELATED EMPLOYEE. (A) NAME OF THE INTERESTED PERSON: JEANNE MARIE DAVILA (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SISTER OF FORMER PROVOST JOHN ETCHEMENDY (C) AMOUNT OF TRANSACTION: $175,980 IN CASH COMPENSATION AND $53,223 IN BENEFITS DURING FISCAL YEAR 2018 EARNED IN HER FULL TIME STAFF POSITION AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: MICHELE ELAM (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF VP ARTS, HARRY ELAM (C) AMOUNT OF TRANSACTION: $245,440 IN CASH COMPENSATION AND $36,785 IN BENEFITS DURING FISCAL YEAR 2018 EARNED IN HER POSITION AS PROFESSOR OF ENGLISH AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: MARY HYNES (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF PRESIDENT AND TRUSTEE, MARC TESSIER-LAVIGNE (C) AMOUNT OF TRANSACTION: $33,120 IN CASH COMPENSATION DURING FISCAL YEAR 2018 EARNED IN HER POSITION AS ASSOCIATE PROFESSOR (RESEARCH) OF BIOLOGY AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: SUSAN LIAUTAUD (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF TRUSTEE, BERNARD LIAUTAUD (C) AMOUNT OF TRANSACTION: $20,000 IN CASH COMPENSATION DURING FISCAL YEAR 2018 EARNED IN HER POSITION AS LECTURER IN LAW AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: TANYA LUHRMANN (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF FORMER DEAN RICHARD SALLER (C) AMOUNT OF TRANSACTION: $206,621 IN CASH COMPENSATION AND $30,475 IN BENEFITS DURING FISCAL YEAR 2018 EARNED IN HER POSITION AS PROFESSOR OF ANTHROPOLOGY AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: BETH MCLELLAN (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF TRUSTEE, FRED ALVAREZ (C) AMOUNT OF TRANSACTION: $81,480 IN CASH COMPENSATION AND $8,412 IN BENEFITS DURING FISCAL YEAR 2018 EARNED IN HER FULL TIME STAFF POSITION AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: GILLIAN RAIKES (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: DAUGHTER OF TRUSTEE, JEFFREY S. RAIKES (C) AMOUNT OF TRANSACTION: $41,457 IN CASH COMPENSATION DURING FISCAL YEAR 2018 EARNED IN HER POSITION AS RESEARCH ASSOCIATE AT THE EFFECTIVE PHILANTHROPY LAB AT STANFORD PACS. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: JAMES WELCH (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF PROVOST, PERSIS DRELL (C) AMOUNT OF TRANSACTION: $172,393 IN CASH COMPENSATION AND $18,529 IN BENEFITS DURING FISCAL YEAR 2018 EARNED IN HIS POSITION AS PHYSICIST AT SLAC NATIONAL ACCELERATOR LABORATORY - STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (E) SHARING OF ORGANIZATION'S REVENUES? NO
Schedule L (Form 990 or 990-EZ) 2017


Additional Data


Software ID:  
Software Version: