PUBLIC INSPECTION COPY. Information about Form 990-T and its instructions is available at O,en to Public Inspection for

Transcription

1 Form 99T Department of the Treasury Internal Revenue Service Exempt Organization Business Income Tax Return (and proxy tax under section 633(e)) For calendar year 215 or other tax year beginning 9 / 1, 215, and ending 8 / A Li Check box if Name of organization f Li address changed MB No Information about Form 99-T and its instructions is available at O,en to Public Inspection for Do not enter SSN numbers on this form as It may be made oubllc If your oraanizatlon is a 51Cc)t3). Check box if name changed and see instructions.) DEmpioyeridentlflcationnumber (Lmployees trust, see instructions.) THE BOARD OF TRUSTEES OF THE LELAND STANFORD B Exempt under section JUNIOR UNIVERSITY X 51 ( C )( 3 Print ) Number, street, and room or suite no. If a P.O. box, see instructions or 48(e) [1 22(e) F Unrelated business activity codes Type (see instwchons.) 48A 53(a) 3145 PORTER DRIVE 529(a) City or town, state or province, country, and ZIP or foreign postal code CBookvalueofallassets PALO ALTO, CA 9434 SEE ATCH 1 at end of year F Group exemption number (See instructions.) G Check organizationtype I X 51(c) corporation I 51(c) trust Li 41(a) trust Li Othertrust H Describe the organization s primary unrelated business activity. ATTACHMENT 1 I During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? Li Yes [ç] No If Yes, enter the name and identifying number of the parent corporation. J Thebooksareincareof CHRISTOPHER CANELLOS Telephone number IIII Unrelated Trade or Business Income (A) Income (B) Expenses (C) Net 1 a Gross receipts or sales 5, 42. b Less returns and allowances C Balance Ic 5, 42 2 Cost of goods sold (Schedule A, line 7) 3 Gross profit. Subtract line 2 from line lc 3 5, 42. 5,42. 4a Capital gain net income (attach Schedule D) 4a 18, 7, , 7, 448 b Net gain (loss) (Form 4797, Part II, line 17) (attach Form 4797) 4b c Capital loss deduction for trusts 4c 5 Income (loss) from partnerships and S corporations (attach statement) 5 47, 95, 37. ATCH 2 47, 95, 37 6 Rent income (Schedule C) 6 7 Unrelated debt-financed income(schedule E) 7 665,779. 6,8,63. 5,342, Interest, annuities, royalties, and rents from controlled organizations (Schedule F) 8 258, , , Investment income of a section 51)c)(7), (9). or 117) organization (Schedule ) 9 1 Exploited exempt activity income (Schedule I) 1 11 Advertising income(schedulej) , , , Other income (See instructions; attach schedule) 12 53,753,816. ATCH 3 53,753, Total.Combinelines3throughl ,872,697. 6,689, ,183,552. ITIII Deductions Not Taken Elsewhere (See instructions for limitations on deductions.) (Except for contributions, deductions_must_be_directly_connected_with_the_unrelated_business_income.) 14 Compensation of officers, directors, and trustees (Schedule K) Salariesandwages Repairs and maintenance Bad debts Interest (attach schedule) Taxesandlicenses 695, Charitable contributions (See instructions for limitation rules) 2 21 Depreciation (attach Form 4562) Less depreciation claimed on Schedule A and elsewhere on return 22a 22b 23 Depletion Contributions to deferred compensation plans Employee benefit programs Excess exempt expenses (Schedule I) Excess readership costs (Schedule]) Other deductions (attach schedule) \TTCHMENT. 3 54,776, Total deductions. Add lines 14 through 28 55, 471, Unrelated business taxable income before net operating loss deduction. Subtract line 29 from line 13 36,288, Net operating loss deduction (limited to the amount on line 3) Unrelated business taxable income before specific deduction. Subtract line 31 from line 3 36,288, Specific deduction (Generally $1,, but see line 33 instructions for exceptions) 34 Unrelated business taxable income. Subtract line 33 from line 32. If line 33 is greater than line 32, enterthe smaller of zero or line32 36,288,411. For Paperwork Reduction Act Notice, see instructions. Form 99-T (215) 5X274 V

2 Application for Extension of Time To File an Exempt Organization Return Form 8868 (Rev. January 214) I OMB No Department of the Treasury File a separate application for each return. Internal Revenue Service Information about Form 8868 and its instructions is at % I m m m m m m m m m m m m m m m m m If you are filing for an Automatic 3-Month Extension, complete only Part I and check this box If you are filing for an Additional (Not Automatic) 3-Month Extension, complete only Part II (on page 2 of this form). Do not complete Part II unless you have already been granted an automatic 3-month extension on a previously filed Form Electronic filing (e-file). You can electronically file Form 8868 if you need a 3-month automatic extension of time to file (6 months for a corporation required to file Form 99-T), or an additional (not automatic) 3-month extension of time. You can electronically file Form 8868 to request an extension of time to file any of the forms listed in Part I or Part II with the exception of Form 887, Information Return for Transfers Associated With Certain Personal Benefit Contracts, which must be sent to the IRS in paper format (see. For more details on the electronic filing of this form, visit and click on e-file for Charities & Nonprofits. Part I Automatic 3-Month Extension of Time. Only submit original (no copies needed). A corporation required to file Form 99-T and requesting an automatic 6-month extension - check this box and complete Part I only m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m m I X All other corporations (including 112-C filers), partnerships, REMICs, and trusts must use Form 74 to request an extension of time to file income tax returns. Enter filer's identifying number, see instructions Type or print File by the due date for filing your return. See instructions. Name of exempt organization or other filer, see instructions. Employer identification number (EIN) or THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY Number, street, and room or suite no. If a P.O. box, see instructions. Social security number (SSN) 3145 PORTER DRIVE City, town or post office, state, and ZIP code. For a foreign address, see instructions. PALO ALTO, CA 9434 Enter the Return code for the return that this application is for (file a separate application for each return) Application Is For Form 99 or Form 99-EZ Form 99-BL Form 472 (individual) Form 99-PF Form 99-T (sec. 41(a) or 48(a) trust) Form 99-T (trust other than above) % The books are in the care of I Telephone No. I Return Code Application Is For Form 99-T (corporation) Form 141-A Form 472 (other than individual) Form 5227 Form 669 Form 887 m m m m m m m m m m m m I m m m m m m m m m m m m m m m m m m m m m I m m m m m m m I I Return Code FAX No. If the organization does not have an office or place of business in the United States, check this box I % If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN). If this is for the whole group, check this box. If it is for part of the group, check this box and attach a list with the names and EINs of all members the extension is for. 1 I request an automatic 3-month (6 months for a corporation required to file Form 99-T) extension of time until 7/17, 2 17, to file the exempt organization return for the organization named above. The extension is I for the organization's return for: calendar year 2 or X tax year beginning 9/1, 2 15, and ending 8/31, If the tax year entered in line 1 is for less than 12 months, check reason: Initial return Final return Change in accounting period 3a If this application is for Form 99-BL, 99-PF, 99-T, 472, or 669, enter the tentative tax, less any nonrefundable credits. See instructions. 3a $. b If this application is for Form 99-PF, 99-T, 472, or 669, enter any refundable credits and estimated tax payments made. Include any prior year overpayment allowed as a credit. 3b $. c Balance due. Subtract line 3b from line 3a. Include your payment with this form, if required, by using EFTPS (Electronic Federal Tax Payment System). See instructions. 3c $. Caution. If you are going to make an electronic funds withdrawal (direct debit) with this Form 8868, see Form 8453-EO and Form 8879-EO for payment instructions. For Privacy Act and Paperwork Reduction Act Notice, see instructions. Form 8868 (Rev ) JSA 5F CHRISTOPHER CANELLOS 3145 PORTER DRIVE, PALO ALTO, CA EF 7377 V

3 Form 99-T (215) THE BOARLP bib tfceffnj5p EC7 l1onlooj( STANFORD IT7IllI JSA Tax Computation 35 Organizations Taxable as Corporations. See instructions for tax computation. Controlled group members (sections 1561 and 1563) check here El See instructions and: a Enter your share of the $5,, $25,, and $9,925, taxable income brackets (in that order): (1)$ (2)$ (3) $ b Enter organization s share of: (1) Additional 5% tax (not more than $11,75) $ (2) Additional 3% tax (not more than $1,) $ c Income tax on the amount on line 34 35c 36 Trusts Taxable at Trust Rates. See instructions for tax computation. Income tax on the amount on line 34 from: El Tax rate schedule or El Schedule D (Form 141) 37 Proxy tax. See instructions 38 Alternative minimum tax 39 Total. Add lines 37 and 38 to line 35c or 36, whichever applies 39 iiai i Tax and Payments 4 a Foreign tax credit (corporations attach Form 1 118; trusts attach Form 1116) 4a b Other credits c General business credit. Attach Form 38 d Credit for prior year minimum tax (attach Form 881 or 8827) e Total credits. Add lines 4a through 4d 41 Subtract line 4e from line PHILADELPHIA, PA b Page2 42 Other taxes. Check if from: El Form 4255 El Form 8611 El Form 8697 El Form 8866 El Other (attach schedule) Total tax. Add lines 41 and a Payments: A 214 overpayment credited to a b 215 estimated tax payments C Tax deposited with Form c U Foreign organizations: Tax paid or withheld at source 44d e Backup withholding 44e 99. f Credit for small employer health insurance remiums (Attach Form 8941) 44f g Other credits and payments: Form 2439 El Form 4136 Other Total 45 Total payments. Add lines 44a through 44g 46 Estimated tax penalty. Check if Form 222 is attached El 47 Tax due. If line 45 is less than the total of lines 43 and 46, enter amount owed 48 Overpayment. If line 45 is larger than the total of lines 43 and 46, enter amount overpaid L. 49 Enter the amount of line 48 you want: Credited to 216 estimated tax Refunded IT1 1 Statements Regarding Certain Activities and Other Information I At any time during the 215 calendar year, did the organization have an interest in or a signature or other authority over a financial Yes No account (bank, securities, or other) in a foreign country? If YES, the organization may have to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts. If YES, enter the name of the foreign country here ATTACHMENT 4 2 During the tax year, did the organization receive a distribution from, or was it the grantor of, or transferor to, a foreign trust? If YES, see instructions for other forms the organization may have to file. 3 Enter the amount of tax-exempt interest received or accrued during the tax year $ Schedule A - Cost of Goods Sold. Enter method of inventory valuation I Inventory at beginning of year 1 6 Inventory at end of year 6 2 Purchases 2 7 Cost of goods sold. Subtract line 3 Cost of labor 3 6 from line 5. Enter here and in 4a Additional section 263A costs Part I, line 2 7 (attach schedule) 4a 8 Do the rules of section 263A (with respect to Yes No b Other costs (attach schedule) 4b property produced or acquired for resale) apply 5 Total. Add lines 1 through 4b 5 to the organization9 X Under penajties of perjury, I declare that I hane examined this return, including accompanying schedules and statements, and to the best of my knowledge and beliel it is tru corre and complete Declaration a preparer lother tha taxpayer) is based on alt information of which preparer has any knowledge Here /27 4t41) % / Z SAVP FOR FINANCE Signa re of oer Date Title (see instmctions)?[] Yes F i No 44b May the IRS discuss the rurn Print/Type preparer s name Preparer s signature Date PT/N Check L...] if Paid ROBERT W. FRIZ 6/26/217 self-employed P Preparer Firm s name PRI CEWATERHOUSECOOPERS LLP Firm s EIN Use Ony F)rm saddress 21 MARKET STREET, SUITE 18 Phoneno X EF 7377 V Form 99-T (215)

4 THE BOARD OF TRUSTEES OF THE LELAND STANFORD Form 99-T (215) Page 3 Schedule C - Rent Income (From Real Property and Personal Property Leased With Real Property) 1. Description of property (1) (2) (3) (4) 2. Rent received or accrued (a) From personal property (if the percentage of rent (b) From real and personal property (if the 3(a) Deductions directly connected with the income for personal property is more than 1% but not percentage of rent for personal property exceeds in columns 2(a) and 2(b) (attach schedule) more than 5%) 5% or if the rent is based on profit or income) (1) (2) (3) (4) Total Total (b) Total deductions. (c) Total income. Add totals of columns 2(a) and 2(b). Enter Enter here and on page 1, here and on page 1 Part I, line 6, column (A) Part I, line 6, column (B) Schedule E - Unrelated Debt-Financed Income 2. Gross income from or 1. Description of debt-financed property allocable to debt-financed property 3. Deductions directly connected with or allocable to debt-financed property (a) Straight line depreciation (b) Other deductions (attach schedule) (attach schedule) (1) ATTACHMENT 5 & 6 (2) (3) (4) 4. Amount of average 5. Average adjusted basis acquisition debt on or of or allocable to allocable to debt-financed debt-financed property property (attach schedule) (attach schedule) 6. Column 8. Allocable deductions 7. Gross income reportable 4 divided (column 6 x total of columns (column 2 x column 6) by column 5 3(a) and 3(b)) (1) (2) (3) % (4) % Enter here and on page 1, Enter here and on page 1, Part I, line 7, column (A). Part I, line 7, column (B). Totals 665,779. 6,8,63. Total dividends-received deduct ons included in column 8 Schedule F - Interest, Annuities, Royalties, and Rents From Controlled Organizations Exempt Controlled Organizations 1. Name of controlled 2. Employer 5. Part of column 4 that is 6. Deductions directly organization identification number 3. Net unrelated income 4. Total of specified (loss) payments made included in the controlling connected with income organization s gross income in column 5 (1) ATTACHMENT 7 (2) (3) (4) Nonexempt Controlled Organizations 8. Net unrelated income 9. Total of specified 1. Part of column g that is 11. Deductions directly 7. Taxable Income included in the controlling connected with income in (loss) payments made organization s gross income column 1 (1) (2) (3) (4) Add columns 5 and 1. Add columns 6 and 11. Enter here and on page 1, Enter here and on page 1, Part I, line 8, column (A). Part I, line 8, column (B). Totals 258,947. 8,18. Form 99-T (215) JSA 5X EF 7377 V

5 Form 99-T (215) THE BOARD OF TRUSTEES OF THE LELAND STANFORD Paqe4 Schedule G - Investment Income of a Section 51(c)(7), (9), or (17) Organization (1) (2) 3. Deductions 5. Total deductions 4. Set-asides 1. Description of income 2. Amount of income directly connected and set-asides (col. 3 (attach schedule) (attach schedule) plus col. 4) (3) (4) Totals Schedule I fr Enter here and on page 1, Enter here and on page 1, Part I, line 9, column (A). Part I, line 9, column (B). - Exploited Exempt Activity Income, Other Than Advertising Income 2. Gross unrelated 1. Description of exploded activity business income from trade or business 3. Expenses directly connected with production of unrelated business income 4. Net income (loss) from unrelated trade or business (column 2 minus column If a gain, compute cols. 5 through Excess exempt 5. Gross income expenses 6. Expenses from activity that (column 6 attributable to minus is not unrelated column 5, column 5 but not business income more than column 4). (1) (2) (3) (4) Enter here and on Enter here and on Enter here and pagel,partl, pagel,partl, onpagel, line 1, col. (A). line 1, col. (B). Part II, line 26. Totals fr Schedule J - Advertising Income IThII Income From Periodicals Reported on a Consolidated Basis 4. Advertising 7. Excess readership 2. Gross gain or (loss) (col. costs (column 6 3. Direct 5. Circulation 6. Readership 1. Name of periodical advertising advertising costs 2 minus col. 3). If minus column 5, but income costs income a gain, compute not more than cols. 5 through 7. column 4). (USTANFORD MAGAZINE 393, ,92. 3,19,67. (2) (3) (4) Totals(carrytoPartll, line(s)) fr 393, , ,245. IFflIII Income From Periodicals Reported on a Separate Basis (For each periodical I sted in Part II, fill in columns 2 through 7 on a I ne-by-line basis.) (1) (2) (3) (4) 4. Advertising 7. Excess readership 2. Gross gain or (loss) (col. costs (column 6 3. Direct 5. Circulation 6. Readership 1. Name of periodical advertising advertising costs 2 minus col. 3). If minus column 5, but income costs income a gain, compute not more than cola. 5 through 7. column 4). TotalsfromPartl fr 393, ,92. Enter here and on Enter here and on Enter here and pagel,partl, pagel,partl, onpagel, line 11, col. (A). line 11, col. (B). Part II, line 27. Totals,Partll(linesl-5). fr 393, , 92. Schedule K - Compensation of Officers, Directors, and Trustees 3. Percent of 1. Name 2. Title time devoted to business (1) % (2) % (3) % (4) % Total. Enter here and on page 1, Part II, line 14 fr JSA 5X EF 7377 V Compensation attributable to unrelated business Form 99-T (215)

6 Consent Plan and Apportionment Schedule for a Controlled Group SCHEDULE O (Form 112) (Rev. December 212) OMB No Department of the Treasury Attach to Form 112, 112-C, 112-F, 112-FSC, 112-L, 112-PC, 112-REIT, or 112-RIC. Internal Revenue Service Information about Schedule O (Form 112) and its instructions is available at Name Employer identification number THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY Part I Apportionment Plan Information 1 Type of controlled group: a X Parent-subsidiary group b Brother-sister group c Combined group d Life insurance companies only 2 This corporation has been a member of this group: a X For the entire year. b From, 2, until, 2 3 This corporation consents and represents to: a X Adopt an apportionment plan. All the other members of this group are adopting an apportionment plan effective for the current tax year which ends on AUGUST 31, 2 16, and for all succeeding tax years. b Amend the current apportionment plan. All the other members of this group are currently amending a previously adopted plan, which was in effect for the tax year ending, 2, and for all succeeding tax years. c Terminate the current apportionment plan and not adopt a new plan. All the other members of this group are not adopting an apportionment plan. d Terminate the current apportionment plan and adopt a new plan. All the other members of this group are adopting an apportionment plan effective for the current tax year which ends on, 2, and for all succeeding tax years. 4 If you checked box 3c or 3d above, check the applicable box below to indicate if the termination of the current apportionment plan was: a Elected by the component members of the group. b Required for the component members of the group. 5 If you did not check a box on line 3 above, check the applicable box below concerning the status of the group s apportionment plan. a No apportionment plan is in effect and none is being adopted. b X An apportionment plan is already in effect. It was adopted for the tax year ending AUGUST 31, 215, and for all succeeding tax years. 6 If all the members of this group are adopting a plan or amending the current plan for a tax year after the due date (including extensions) of the tax return for this corporation, is there at least one year remaining on the statute of limitations from the date this corporation filed its amended return for such tax year for assessing any resulting deficiency? See instructions. a Yes. (i) The statute of limitations for this year will expire on, 2. (ii) On, 2, this corporation entered into an agreement with the Internal Revenue Service to extend the statute of limitations for purposes of assessment until, 2. b No. The members may not adopt or amend an apportionment plan. 7 Required information and elections for component members. Check the applicable box(es). a X The corporation will determine its tax liability by applying the maximum tax rate imposed by section 11 to the entire amount method) for allocating the additional taxes for the group imposed by section 11(b)(1). b c The corporation and the other members of the group elect the FIFO method (rather than defaulting to the proportionate method) for allocating the additional taxes for the group imposed by section 11(b)(1). The corporation has a short tax year that does not include December 31. For Paperwork Reduction Act Notice, see Instructions for Form 112. Schedule O (Form 112) (Rev ) ISA

7 Schedule O (Form 112) (Rev ) Page 2 Part II Taxable Income Apportionment (See Caution: Each total in Part II, column (g) for each component member must equal taxable income from Form 112, page 1, line 3 or the comparable line of such member s tax return. Taxable Income Amount Allocated to Each Bracket (a) Group member s name and employer identification number (b) Tax year end (Yr-Mo) (c) 15% (d) 25% (e) 34% (f) 35% (g) Total (add columns (c) through (f)) THE LELAND STANFORD JUNIOR UNIVERSITY NONE NONE NONE NONE ARCOLA RESIDENTIAL DEVELOPMENT CORPORATION NONE NONE NONE NONE AFFINITY MEDICAL SOLUTIONS, INC NONE NONE NONE NONE ALPINE CHALET, INC NONE NONE NONE NONE MIDPOINT TECHNOLOGY PARK OWNERS ASSOCIATION NONE NONE NONE NONE PROFESSIONAL EXCHANGE ASSURANCE COMPANY NONE NONE NONE NONE STANFORD HEALTH CARE NONE NONE NONE NONE STANFORD UNIV. MEDICAL NETWORK RISK AUTHORITY NONE NONE NONE NONE Total Schedule O (Form 112) (Rev )

8 Schedule O (Form 112) (Rev ) Page 3 Part III Income Tax Apportionment (See Income Tax Apportionment (a) Group member s name (b) 15% (c) 25% (d) 34% (e) 35% (f) 5% (g) 3% (h) Total income tax (combine lines (b) through (g)) THE LELAND STANFORD JUNIOR UNIVERSITY NONE NONE NONE NONE NONE NONE ARCOLA RESIDENTIAL DEVELOPMENT CORPORATION NONE NONE NONE NONE NONE NONE AFFINITY MEDICAL SOLUTIONS INC. NONE NONE NONE NONE NONE NONE ALPINE CHALET, INC. NONE NONE NONE NONE NONE NONE MIDPOINT TECHNOLOGY PARK OWNERS ASSOCIATION NONE NONE NONE NONE NONE NONE PROFESSIONAL EXCHANGE ASSURANCE COMPANY NONE NONE NONE NONE NONE NONE STANFORD HEALTH CARE NONE NONE NONE NONE NONE NONE STANFORD UNIV. MEDICAL NETWORK RISK AUTHORITY NONE NONE NONE NONE NONE NONE Total Schedule O (Form 112) (Rev )

9 Schedule O (Form 112) (Rev ) Page 4 Part IV Other Apportionments (See Other Apportionments (a) Group member s name (b) Accumulated earnings credit (c) AMT exemption amount (d) Phaseout of AMT exemption amount (e) Penalty for failure to pay estimated tax (f) Other THE LELAND STANFORD JUNIOR UNIVERSITY NONE NONE NONE NONE NONE ARCOLA RESIDENTIAL DEVELOPMENT CORPORATION NONE NONE NONE NONE NONE AFFINITY MEDICAL SOLUTIONS INC. NONE NONE NONE NONE NONE ALPINE CHALET, INC. NONE NONE NONE NONE NONE MIDPOINT TECHNOLOGY PARK OWNERS ASSOCIATION NONE NONE NONE NONE NONE PROFESSIONAL EXCHANGE ASSURANCE COMPANY NONE NONE NONE NONE NONE STANFORD HEALTH CARE NONE 4, NONE NONE NONE STANFORD UNIV. MEDICAL NETWORK RISK AUTHORITY NONE NONE NONE NONE NONE 1 Total 4, Schedule O (Form 112) (Rev )

10 Form 4626 Department of the Treasury Internal Revenue Service Name Alternative Minimum Tax Corporations OMB No Attach to the corporation's tax return. Information about Form 4626 and its separate instructions is at Employer identification number THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY Note: See the instructions to find out if the corporation is a small corporation exempt from the alternative minimum tax (AMT) under section 55(e). 1 Taxable income or (loss) before net operating loss deduction (36,288,411) 2 Adjustments and preferences: a Depreciation of post-1986 property a b Amortization of certified pollution control facilities b c Amortization of mining exploration and development costs c d Amortization of circulation expenditures (personal holding companies only) d e Adjusted gain or loss e f Long-term contracts f g Merchant marine capital construction funds g h Section 833(b) deduction (Blue Cross, Blue Shield, and similar type organizations only) h i Tax shelter farm activities (personal service corporations only) i j Passive activities (closely held corporations and personal service corporations only) j k Loss limitations k l Depletion l m Tax-exempt interest income from specified private activity bonds m n Intangible drilling costs n o Other adjustments and preferences o 3 Pre-adjustment alternative minimum taxable income (AMTI). Combine lines 1 through 2o ,424,129 (1,745,75) 82,561 57,81,995 (23,765) 24,43,759 4 Adjusted current earnings (ACE) adjustment: a ACE from line 1 of the ACE worksheet in the instructions a b Subtract line 3 from line 4a. If line 3 exceeds line 4a, enter the difference as a negative amount b c Multiply line 4b by 75% (.75). Enter the result as a positive amount c 24,43,759 d Enter the excess, if any, of the corporation s total increases in AMTI from prior year ACE adjustments over its total reductions in AMTI from prior year ACE adjustments. Note: You must enter an amount on line 4d (even if line 4b is positive) d e ACE adjustment. If line 4b is zero or more, enter the amount from line 4c... 4e If line 4b is less than zero, enter the smaller of line 4c or line 4d as a negative amount } 5 Combine lines 3 and 4e. If zero or less, stop here; the corporation does not owe any AMT Alternative tax net operating loss deduction SEE.. STATEMENT..... X Alternative minimum taxable income. Subtract line 6 from line 5. If the corporation held a residual interest in a REMIC, see instructions Exemption phase-out (if line 7 is $31, or more, skip lines 8a and 8b and enter -- on line 8c): a Subtract $15, from line 7 (if completing this line for a member of a controlled group, see. If zero or less, enter a b Multiply line 8a by 25% (.25) b c Exemption. Subtract line 8b from $4, (if completing this line for a member of a controlled group, see. If zero or less, enter c 9 Subtract line 8c from line 7. If zero or less, enter Multiply line 9 by 2% (.2) Alternative minimum tax foreign tax credit (AMTFTC) Tentative minimum tax. Subtract line 11 from line Regular tax liability before applying all credits except the foreign tax credit Alternative minimum tax. Subtract line 13 from line 12. If zero or less, enter --. Enter here and on Form 112, Schedule J, line 3, or the appropriate line of the corporation s income tax return For Paperwork Reduction Act Notice, see separate instructions. Form 4626 (215) 24,43,759 24,43,759 ISA

11 SCHEDULE D (Form 112) Department of the Treasury Internal Revenue Service Capital Gains and Losses Attach to Form 112, 112-C, 112-F, 112-FSC, 112-H, 112-IC-DISC, 112-C, 112-ND, 112-PC, 11 2-POL, 11 2-REIT, 11 2-RIC, 112-SF, or certain Forms 99-T. Information about Schedule (Form 112) and Its separate Instructions Is at MB No NameTHE BOARD OF TRUSTEES OF THE LELAND STANFORD Employer Identification number JUNIOR UNIVERSITY ITII Short-Term Capital Gains and Losses - Assets Held One Year or Less See instructions for how to figure the amounts to enter on (g) Adjustments to gain (h) Gain or (loss) d the lines below. ) e, or loss from Form(s) Subtract column (e) from Proceeds This form may be easier to complete it you round off cents to 8949, Part I, line 2, column (d) and combine pnce) whole dollars. ( is) column (g) the result with column (g) 1 a Totals for all short-tern, transactions reported on Form I 99-B for which basis was reported to the IRS and for which you have no adjustments. However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line lb lb Totals for all transactions reported on Form(s) 8949 with Box A checked 2 Totals for all transactions reported on Form(s) 8949 with Box B checked 3 Totals for all transactions reported on Form(s) 8949 with BoxCchecked 669, Short-term capital gain from installment sales from Form 6252, line 26 or Short-term capital gain or (loss) from like-kind exchanges from Form Unused capital loss carryover (attach computation) 7 Net short-term capital gain or (loss). Combine lines la through 6 in column h 7 669, 178 I1TIII Long-Term Capital Gains and Losses - Assets Held More Than One Year Sceinstructions for how to figure the amounts to enter on (g) Adjustments to gain (h) GaIn or (loss) (d) (e) the lines below. or loss from Form(s) Subtract column (e) from Proceeds Cost This form may be easierto complete it you round off cents to (sales price) (or 8949, Part II, line 2, column (d) and combine other basis) whole dollars. column (g) the result with column (g) 8a Totals for all long-term transactions reported on Form 1 99-B for which basis was reported to the IRS and for which you have no adjustments. However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line Sb 8b Totals for all transactions reported on Form(s) 8949 with Box D checked 9 Totals for all transactions reported on Form(s) 8949 with Box E checked 1 Totals for all transactions reported on Form(s) 8949 with Box Fchecked 1,251, Enter gain from Form 4797, line7org 11 9,118, Long-term capital gain from installment sales from Form 6252, line 26 or Long-term capital gain or (loss) from like-kind exchanges from Form Capital gain distributions Net long-term capital gain or (loss). Combine lines 8a through 14 in column h 15 19, 369, 626. I1TIlII Summary of Parts I and II 16 Enter excess of net short-term capital gain (line 7) over net long-term capital loss (line 15) 17 Net capital gain. Enter excess of net long-term capital gain (line 15) over net short-term capital loss (line 7) 17 18, 7, Add lines 16 and 17. Enter here and on Form 112, page 1, line 8, or the proper line on other returns 18 18, 7, Note: If losses exceed gains, see Capital losses in the instructions. For Paperwork Reduction Act Notice, see the Instructions for Form 112. Schedule D (Form 112) (215) JSA 5E EF 7377 V

12 . Date Form 8949 Sales and Other Dispositions of Capital Assets Information about Form 8949 and its separate instructions is at Department of the Treasury Internal Revenue Service File with your Schedule to list your transactions for lines ib, 2, 3, 8b, 9, and 1 of Schedule D. Name(s) shown on return Social security number or taxpayer identification number THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY Before you check Box A, B, or C below, see whether you received any Form(s) 799-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 799-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check. lth1i Short-Term. Transactions involving capital you held 1 year or less are term. For long-term 2. You may all on Form(s) 199-B showing to IRS and for which no or are required. Enter directly on D, line you aren t required to on Form You must check Box A, B, below. Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. 1 IJ transactions, see page aggregate Note: reported Schedule the arc la; assets short-term transactions reported adjustments codes report these transactions short the totals basis was (A) Short-term transactions reported on Form(s) 799-B showing basis was reported to the IRS (see Note above) (B) Short-term transactions reported on Form(s) 799-B showing basis was not reported to the IRS (C) Short-term transactions not reported to you on Form 199-B (a) Description of property (Example: 1 sh. XYZ Co.) (b) Date acquired (Mo., day, yr.) MB No Attachment Sequence No. I 2A Adjustment, if any, to gain or loss. (e) If you enter an amount in column (g), (h) (c) (d) cost or other basis, enter a code in column (. Gain or (loss). sold or Proceeds See the Note below See the Separate instructions. Subtract column (e( disposed of (sales price) and see column (e) from column (d) and (Mo., day, yr.) (See in the separate (t) (g) combine the result instructions code(s) from Amount of with column fg) inslructions adjustment FROM SCHEDULES K-i (FORM 165) -683,647 FORM PART I 13,144 FORM 6781, PART II 1,325 2 Totals. Add the amounts in columns (d), fe), (g), and (h) (subtract negative amounts). Enter each total here and include on your Schedule D, line lb (if Box A above is checked), line 2 (if Box B above is checked), or line 3 (if Box C above is checked) -669,178 Note: If you checked BoxA above but the basis reported to the IRS was incorrect, enter in column fe) the basis as reported to the IRS, and enter an adiustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment. For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No Z Form 8949 (215)

13 Form 8949 (215) Attachment Sequence No. 1 2A Page 2 Name(s) shown on return. Name and SSN or taxpayer identification no. not required if shown on other side Social security number or taxpayer identification number THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY Before you check Box D, E, or F below, see whether you received any Form(s) 799-B or substitute statement(s) from your broker. A substitute statement will have the same in formation as Form 799-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check. itiii Long-Term. Transactions involving capital assets you held more than 1 year are long term. For short-term transactions, see page 1. Note: You may aggregate all long-term transactions reported on Form(s) 1 99-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 8a; you aren t required to report these transactions on Form You must check Box D, E, or F below. Check only one box. If more than one box apphes for your long-term transactions, complete a separate Form 8949, page 2, for each applicable box. If you have more long-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. 1 1 (D) Long-term transactions reported on Form(s) 199-B showing basis was reported to the IRS (see Note above) (E) Long-term transactions reported on Form(s) 199-B showing basis was not reported to the IRS (9 Long-term transactions not reported to you on Form 199-B.. (a) (b) Description of property Date acquired (Exam le 1 sh. XYZ Co) (Mo da ) Adjustment, if any, to gain or loss. (e) If you enter an amount in column (g), (h) Cc) fd) Cost or other basis, enter a code in column (U. Gain or (loss). Date sold or Proceeds See the Note below See the separate instructions. Subtract column (e) disposed of (sates price) and see Column (e) from column fd) and (Mo., day, yr.) (see instwctions) in the separate. (g) combine the result instructions Code(s) from Amount of with column (gl instructions adjustment FROM SCHEDULES K-i (FORM 165) 1,229,93 FORM 6787, PART I 79,717 FORM 6781, PART II 1,988 2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract negative amounts). Enter each total here and include on your Schedule D, line 8b (if Box above is checked), line 9 (if Box E above is checked), or line 1 (if Box F above is checked) 1,251,68 Note: If you checked Box D above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column fg) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment. Form 8949 (215)

14 Form Sales of Business Property (Also Involuntary Conversions and Recapture Amounts Under Sections 179 and 28F(b)(2)) MB No O84 J5 Attach to your tax return. Attachment Department of the Treasury.. Internal Revenue Service Information about Form 4797 and its separate instructions is at 7. Sequence No. 27 Name(s) shown on return THE BOARD OF TRUSTEES OF THE LELAND STANFORD IdentifyIng number JUNIOR UNIVERSITY I Enter the gross proceeds from sales or exchanges reported to YOU for 215 on Form(S) 199-B or 199-S (or substitute statement) that you are including on line 2, 1, or 2 I1TII Sales or Exchanges of Property Used in a Trade or Business and Involuntary Conversions From Other Than Casualty or Theft - Most Property Held More Than 1 Year (e) Depreciation (f) Cost or other 2 (a) Description (b) Date acquired (c) Date sold {d) Gross allowed or basis, plus of property (mo., day, yr.) (mo., day, yr.) sales price allowable since improvements and acquisition expense of sale Gain or loss Subtract (ft from the sum of(d) and (e) FROM SCHEDULE K 1(FROM 165) VARIOUS VARIOUS 9,118,18. 3 Gain, if any, from Form 4684, line 39 4 Section 1231 gain from installment sales from Form 6252, line 26 or Section 1231 gain or (loss) from like-kind exchanges from Form Gain, if any, from line 32, from other than casualty or theft..l. 7 Combine lines 2 through 6. Enter the gain or (loss) here and on the appropriate line as follows 9, 118, 18. Partnerships (except electing large partnerships) and S corporations. Report the gain or (loss) following the instructions for Form 1 65, Schedule K, line 1, or Form 11 2S, Schedule K, line 9. Skip lines 8, 9, 11, and 12 below. Individuals, partners, S corporation shareholders, and all others. It line 7 is zero or a loss, enter the amount from line 7 on line 11 below and skip lines 8 and 9. If line 7 is a gain and you did not have any prior year section 1231 losses, or they were recaptured in an earlier year, enter the gain from line 7 as a long-term capital gain on the Schedule D filed with your return and skip lines 8, 9, 11, and 12 below. 8 Nonrecaptured net section 1231 losses from prior years 8 9 Subtract line 8 from line 7. If zero or less, enter --. If line 9 is zero, enter the gain from line 7 on line 12 below. If line 9 is more than zero, enter the amount from line 8 on line 12 below and enter the gain from line 9 as a long-term capital gain on the Schedule D filed with your return 9 IflhII Ordinary Gains and Losses 1 Ordinary gains and losses not included on lines 11 through 16 (include property held 1 year or less): 11 Loss, if any, from line Gain, if any, from line 7 or amount from line 8, if applicable 13 Gain, if any, from line Net gain or (loss) from Form 4684, lines 31 and 38a Ordinary gain from installment sales from Form 6252, line 25 or Ordinary gain or (loss) from like-kind exchanges from Form Combine lines 1 through For all except individual returns, enter the amount from line 17 on the appropriate line of your return and skip lines a and b below. For individual returns, complete lines a and b below: a If the loss on line 1 1 includes a loss from Form 4684, line 35, column (b)fii), enter that part of the loss here. Enter the part of the loss from income-producing property on Schedule A (Form 14), line 28, and the part of the loss from property used as an employee on Schedule A (Form 14), line 23. Identify as from Form 4797, line 18a. See instructions b Redetermine the gain or (loss) on line 17 excluding the loss, if any, on line I 8a. Enter here and on Form 1 4, line 14 For Paperwork Reduction Act Notice, see separate instructions. 18a 1 8b Form 4797 (215) JSA 5X EF 7377 V

15 Form 4797 (215) Page2 I1IlII Gain From Disposition of Property Under Sections 1245, 125, 1252, 1254, and (a) Description of section 1245, 125, 1252, 1254, or 1255 property: (b)dateacuied (c) DtesoId(mo., A B C These columns relate to the properties on lines 19A through 19D. 2 Gross sales price (Note: See line I before completing.) 2 21 Cost or other basis plus expense of sale Depreciation (or depletion) allowed or allowable 23 Adjusted basis. Subtract line 22 from line Property A Property B Property C Property D 24 Total gain. Subtract line 23 from line If section 1245 property: a Depreciation allowed or allowable from line a b Enter thesmallerof line 24 or25a 25b 26 If section 125 property: If straight line depreciation was used, enter.- on line 26g. except for a corporation subject to section 291. a Additional depreciation after 1975, 26a b Applicable percentage multiplied by the smaller of line 24 or line 26a c Subtract line 26a from line 24. If residential rental property 26b or line 24 is not more than line 26a, skip lines 26d and 26e. 26c d Additional depreciation after 1969 and before d e Enter the smaller of line 26c or 26d 26 f Section 291 amount (corporations only) 26f g Add lines 26b, 26e, and 26f 2j 27 If section 1252 property: Skip this section if you did not dispose of farmland or if this form is being completed for a partnership (other than an electing large partnership). a Soil, water, and land clearing expenses 27a b Line 27a multiplied by applicable percentage. 27b c Enter the smaller of line 24 or 27b 27c 28 If section 1254 property: a Intangible drilling and development costs, expenditures for development of mines and other natural deposits, mining exploration costs, and depletion. 28a b Enter the smaller of line 24 or 28a 28b 29 If section 1255 property: a Applicable percentage of payments excluded from income under section a b Enter the smaller of line 24 or 29a. 29b Summary of Part Ill Gains. Complete property columns A through D through line 29b before going to line 3. 3 Total gains for all properties. Add property columns A through D, line Add property columns A through D, lines 25b, 26g, 27c, 28b, and 29b. Enter here and on line Subtract line 31 from line 3. Enter the portion from casualty or theft on Form 4684, line 33. Enter the portion from other than casualty or theft on Form 4797, line 6 32 ITaI Recapture Amounts Under Sections 179 and 28F(b)(2) When Business Use Drops to 5% or Less 33 Section 179 expense deduction or depreciation allowable in prior years Recomputed depreciation Recapture amount. Subtract line 34 from line 33. See the instructions for where to report 35 (a) Section (b) Section F(b)(2) Form4797 (215) ]5A 5X EF 7377 V

16 . or. or (d) (a) Identification of account (b) (Loss) (c) Gain ii. Section 1256 Contracts Marked to Market B Straddle-by-straddle identification election D Net section 1256 contracts loss election Check all applicable boxes. A L Mixed straddle election Mixed straddle account election C THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY Name(s) shown on tax return Identifying number Internal Revenue Service Attach to your tax return.. Sequence No. 82 Department of the Treasury Information about Form 6781 and its instructions is at wwwirs.govlform678l. Attachment Otherwise, enter -- acquired business day of tax year as adjusted than (d), enter difference. (a) Descnption of property (b) Date (c) Fair market value on last (d) Cost or other basis If column Cc) is more (e) Unrecognized gain. IThIIlI Unrecognized Gains From Positions Held on Last Day of Tax Year. Memo Entry Only Form a f,325 Form b 1,988 b Enter the long-term portion of gains from line 12, column (l, here and include on line 11 of Schedule D or on 13a Enter the short-term portion of gains from line 12, column (f), here and include on line 4 of Schedule D or on 12 FROM SCHEDULES K-i (FORM 1,, 3,313 acquired Otherwise, enter -- sold expense of sale (a) Descnption of property into or (b) Date (f) Gain. If column (c) Date (e) Cost or other Section B Gains From Straddles Form 8949 Form 8949 im b Enter the long-term portion of losses from line 1, column (h), here and include on line 11 of Schedule D or on ha Enter the short-term portion of losses from line 1, column (h), here and include on line 4 of Schedule D or on 1 enter -- acquire sale Otherwise, positions Otherwise, enter -- (a) Deacnption of property into or Section A Losses From Straddles IJTIlI Gains and Losses From Straddles. Attach a separate statement listing each straddle and its components. D or on Form 8949 or on Form 8949 (see instwctions) 7 Combine lines 5 and 6 8 Short-term capital gain or (loss). Multiply line 7 by 4% (.4). Enter here and include on line 4 of Schedule D 9 Long-term capital gain or (loss). Multiply line 7 by 6% (.6). Enter here and include on line 11 of Schedule 7 32, ,144 carried back. Enter the loss as a positive number. If you did not check box D, enter -- 6 Ol 6 If you have a net section 7256 contracts loss and checked box D above, enter the amount of loss to be Note: If line 5 shows a net gain, skip line 6 and enter the gain on line 7. Partnerships and S corporations, see Combine lines 3 and 4 instructions. Form 799-B adjustments. See instructions and attach statement Add the amounts on line 1 in columns (b) and (c)... Net gain or (loss). Combine line 2, columns (b) and (c) ,861 [ ( )i 32,861 1 FROM SCHEDULES K-i (FORM 165) 32,861 (f) Loss. D (e) Cost If or column (e) (g) (h) Recognized loss... entered (d) Gross.. entered (d) Gross. closed out sales price basis plus enter difference. is more than (e), closed out plus (d), enter gain on than (g), enter sold expense of difference, offsetting difference. sales rice (c) Date other basis is more than Unrecognized If column (I is more a e ZRRJ ti Form Contracts and Straddles 15 j Gains and Losses From Section 1256 MB No

17 STANFORD UNIVERSITY Year ended August 31, 216 This tax return is prepared on the basis of a fiscal year ending August 31, 216. It reports taxable income from all partnerships that ended their fiscal year during the period September through August 31, 216. Form 99-T, Page 1 Questions E and H Unrelated Business Activity Codes and Description of Business Activity UBA Code Description of Business Activity Income from Partnership investments - Primary Advertising in Alumni magazine Public use of golf practice range Interests in Hotels 9 Debt - Financed Income 93 Passive Income Activities with Controlled Organizations 999 Marketing services ATTACHMENT I

18 Board of Trustees of the Leland Stanford Junior University Year Ended August 31, 216 FORM 99T - PART I - LINE 5-INCOME (LOSS) FROM PARTNERSHIPS LOSS FROM PARTNERSHIPS (47,95,37) INCOME (LOSS) FROM PARTNERSHIPS (47,95,37) ATTACHMENT 2

19 STANFORD UNIVERSITY OTHER INCOME AND OTHER DEDUCTIONS Year Ended August 31, 216 Federal Form 99-T Part 1, Line 12 & Part II, Line 28 Gross Nature of Unrelated Business Receipts or Amount of Activity (SIC Code) Sales Description of Expense Expense University Driving Range (SIC 7992) 444,959 Salary & benefits 19,943 General, Administrative, Operations & Maintenance 149,73 444, ,646 Rosewood Hotel 53, ,662,674 Professional Fees in Connection with Preparation of Form 99-T - Investment Management Costs Relating to Partnerships Generating UBTI - 161,323 1,692,652 TOTAL OTHER TOTAL OTHER INCOME 53,753,816 DEDUCTIONS 54,776,295 ATTACHMENT 3

20 STANFORD UNIVERSITY FOREIGN BANKING INFORMATION Year Ended August 31, 216 Federal Form 99T - Part V, Line I Stanford has an interest in or signature authority over bank and investment accounts in the following countries. CAYMAN ISLANDS CHILE CHINA FRANCE GERMANY GHANA HONG KONG ITALY KENYA SOUTH AFRICA SPAIN TURKEY UNITED KINGDOM ATTACHMENT 4

21 STANFORD UNIVERSITY UNRELATED DEBT FINANCED INCOME Year Ended August 31, 216 Federal Form 99T Schedule E Other Deductions Investment Manangement Fees 51,695 Interest Expense 5,956,368 6,8,63 Average Acquisition Indebtedness was 1% ATTACHMENT 5

22 I.I U,, [ t1 C,,,,,, -,,,, On,, -,,,

23 EXEMPT CONTROLLED CONTROLLED ORGANIZATION 1 IN THE CONNECTED CONTROLLING WITH ORGANIZATION S INCOME IN pngg ttjrnmp CflT,fflAW (ifli 8,18. 8,18. 25, 767. TOTAL OF COLUMN 5 & COLUMN 1 TOTALS 7TR, 847 SiRS ATTACHMENT 7 TOTAL OF COLUMN 6 & COLUMN 11 THE BOARD OF TRUSTEES OF THE LELAND STANFORD , CWPflflTP V TMPPDVCP fl)jmttt PTVC OflVOT PT,,, Mfl DP,, Dn,. rnmmdnt T on nor,,jtioptnmc APPArNMV.NT 7 PART OF COLUMN 6. PART OF COLUMN 11. (4) THAT DRDUCTIDNS (9) THAT DEDUCTIONS 4. IS INCLUDED DIRECTLY IS INCLUDED DIRECTLY TOTAL OF IN THE CONNECTED NET TOTAL OF EMPLOYER 3. SPECIFIED CONTROLLING WITH 7. UNRELATED SPECIFIED NAME OF CONTROLLEO IDENTIFICATION NET UNRELATED PAYMENTS ORGANIZATION S INCOME IN TAXABLE INCOME PAYMENTS flpfl, MTTT TTflM NTB4RFB TMCflMF. (T.n$8 LILDE_ CBnTT TWCflME CnT.tIMN (i TNCnMP (TnT 8) a ALPINE CHALET, INC. ARCGLA RESIDENTIAL DRy. CORP , ,765. 8, , , , EF 7377 V