2024-01-16T11:00:32-06:00 2023-08-31 346565596 ERNST & YOUNG US LLP 99 WOOD AVE SOUTH ISELIN NJ 08830 990 2022-09-01 386841793 THE DUDLEY E CHAMBERS FOUNDATION XXXXX6005 CHAM 8004962583 10 S DEARBORN IL1-0111 CHICAGO IL 60603 KRYSTAL ZEC Vice President 8004962583 2023-12-18 true true HEATHER A HAWES P01379658 7327679100 2023-12-18 2022 2023-04-26 12:10:37Z JP MORGAN CHASE BANK NA 10 S Dearborn ST MC IL-0111 Chicago IL 60603 7010506 false X n/a X 2005 NY FUNDS THE DUDLEY E CHAMBERS PROGRAM AT STANFORD UNIVERSITY, SUPPORTS UNIVERSITY RESEARCH IN SCIENCES AND ENGINEERING, PROVIDES SCHOLARSHIPS IN SCIENCES AND ENGINEERING AND FACILITATES UNIVERSITY CAPITAL IMPROVEMENTS 1 0 0 0 0 0 0 3109466 3269495 394 0 3109860 3269495 2845535 2350921 0 226660 223541 0 0 26712 30769 3098907 2605231 10953 664264 40585813 41250086 0 0 40585813 41250086 X FUNDS THE DUDLEY E CHAMBERS PROGRAM AT STANFORD UNIVERSITY, SUPPORTS UNIVERSITY RESEARCH IN SCIENCES AND ENGINEERING, PROVIDES SCHOLARSHIPS IN SCIENCES AND ENGINEERING AND FACILITATES UNIVERSITY CAPITAL IMPROVEMENTS false false 2426861 2350921 FACULTY SALARIES - THE TERMS OF THE DUDLEY CHAMBERS TRUST PROVIDE THAT ONE-THIRD OF DISTRIBUTIONS BE USED TO PAY, IN WHOLE OR PART, THE SALARY OF ONE OR MORE MEMBERS OF THE FACULTY ENGAGED PRINCIPALLY IN TEACHING OR RESEARCH OR BOTH IN ONE OR MORE OF THE AREAS OF ENGINEERING TECHNOLOGY AND THE NATURAL SCIENCES AT STANFORD UNIVERSITY. CONTINUED ON SCHEDULE O. 2426861 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false X 1 0 false false false false false false false true true false false true false false false false false false NY X JP MORGAN CHASE BANK NA 8004962583 10 S Dearborn ST MC IL-0111 Chicago IL 60603 JP MORGAN CHASE BANK NA Trustee 2.0 X 223540 0 0 223540 0 0 1 false false false 1219246 1219246 5791260 3741011 2050249 2050249 2050249 DEFERRED INCOME 523000 TAX REFUND 523000 3269495 3269495 2350921 2350921 223541 75190 148351 NY AG FILING FEE 750 750 FOREIGN TAX WITHHELD 30019 30019 2605231 2426861 178370 0 7968 10144 772639 783882 39805206 40456060 40585813 41250086 0 0 X 40585813 41250086 40585813 41250086 40585813 41250086 X 664264 9 X false false false X X X 1 Stanford University 941156365 2 true 2350921 0 1 2350921 0 true false false false false false false false false false false true false false false false true false true X 428985 23274 0 1580313 1219246 2009298 1242520 0 148611 148351 26712 30769 1833975 1063400 52014646 47130522 1162241 780124 0 53176887 47910646 0 0 53176887 47910646 797653 718660 52379234 47191986 1833273 1651720 0 1833273 1651720 1833975 1558879 1833273 1833273 0 1833273 2350921 0 75190 0 0 0 2426111 2350921 1833273 1.0 1833273 0 0 0 1533972 2468891 2924334 6927197 0 1833273 0 5093924 2426111 0 2426111 0 0 7520035 0 0 2169590 2924334 2426111 FORM 990, SCHEDULE A, PART IV, SECTION D, LINE 2 THE ORGANIZATION (TRUST) MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATION (STANFORD) THROUGHOUT THE YEAR. WE PROVIDE TO STANFORD AN EXTENSIVE PERFORMANCE REVIEW OF THE TRUST, BOTH WRITTEN AS WELL AS OFFERING A QUARTERLY CONFERENCE CALL TO REVIEW THE TRUST ASSET ALLOCATION, OBJECTIVE, INVESTMENTS, PERFORMANCE, OUR MARKET OUTLOOK AND STRATEGY. FORM 990, SCHEDULE A, PART IV, SECTION D, LINE 2 (CON'T) THE TRUSTEE ALSO REVIEWS THE ADMINISTRATIVE PROVISIONS OF THE TRUST INCLUDING FUTURE DISTRIBUTIONS. THE DIALOGUE IS TWO-WAY AS THE TRUSTEE ENCOURAGE STANFORD TO SHARE WITH THE TRUSTEE THEIR THOUGHTS ABOUT THE MARKETS, THE PORTFOLIOS INVESTMENTS, PERFORMANCE, ASSET ALLOCATION AND RISK. FORM 990, SCHEDULE A, PART IV, SECTION D, LINE 2 (CON'T) IN ADDITION, THE TRUSTEE WELCOMES FEEDBACK REGARDING WHETHER THE CURRENT ACCOUNT AND DISTRIBUTIONS ARE MEETING THE NEEDS OF STANFORD. THE TRUSTEE REQUESTS THAT STANFORD SUPPLY AN ANNUAL EXPENDITURE REPORT AS TO THE EXPENDITURE OF FUNDS FROM THE TRUST. THE TRUSTEE ALSO PROVIDES STANFORD WITH THE OPPORTUNITY TO JOIN MARKET CALLS REGARDING THE TRUSTEES OUTLOOK AND STRATEGY FOR THE MARKETS. FORM 990, SCHEDULE A, PART IV, SECTION D, LINE 3 THE TRUSTEE ENGAGES IN OPEN AND COLLABORATIVE DISCUSSION AS TO THE INVESTMENTS AND INCOME FROM THE TRUST. THIS DISCUSSION IS GENERALLY QUARTERLY AT THE CONVENIENCE OF THE SUPPORTED ORGANIZATION AND IS WITH REPRESENTATIVE(S) FROM STANFORD MANAGEMENT COMPANY WHO ARE RESPONSIBLE FOR THE INVESTMENT AND MANAGEMENT OF STANFORD UNIVERSITYS ENDOWMENT AND OTHER FINANCIAL ASSETS. FORM 990, SCHEDULE A, PART IV, SECTION D, LINE 3 (CON'T) THESE CALLS ARE ROBUST AND GIVE STANDFORD MORE INFORMATION REGARDING OUR OVERALL STRATEGY IN LIGHT OF CURRENT MARKET EVENTS OR DISLOCATIONS.THE TRUSTEE ENGAGES IN OPEN AND COLLABORATIVE DISCUSSION AS TO THE INVESTMENTS AND INCOME FROM THE TRUST. FORM 990, SCHEDULE A, PART IV, SECTION D, LINE 3 IN ADDITION TO A SIGNIFICANT VOICE WITH RESPECT TO INVESTMENTS, THE SUPPORTED ORGANIZATION SOLELY CHOOSES HOW TO SPEND THE DISTRIBUTIONS FROM THE TRUST, IN ACCORDANCE WITH THE GOVERNING INSTRUMENT. STANFORD HAS DESIGNED PROGRAMS THAT BEST MEET THE NEEDS OF THEIR ORGANIZATION, SELECTING FACULTY AND SCHOLARSHIP RECIPIENTS TO CARRY OUT THE MISSION AND INTENT OF THE TRUST. FORM 990, SCHEDULE A, PART V, LINE 8 THE ORGANIZATION IS A TRUST FUND THAT DISBURSES FUNDS ONLY TO QUALIFYING CHARITABLE ORGANIZATIONS AS DIRECTED BY THE TRUSTS GOVERNING INSTRUMENT TO BE USED ONLY IN ACCORDANCE WITH THE GOVERNING INSTRUMENT. true STANFORD UNIVERSITY 326 GALVEZ AVENUE STANFORD CA 94305 941156365 501 (c)(3) 2350921 FUNDS THE DUDLEY E CHAMBERS PROGRAM AT STANFORD UNIVERSITY TO SUPPORT RESEARCH AND EDUCATIONIN ENGINEERING AND NATURAL SCIENCES EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 TRUST ACCOUNTING RECORDS ARE MAINTAINED IN A DEDICATED TRUST ACCOUNTING SYSTEM. REPORTS ARE REGULARLY OBTAINED FROM THIS SYSTEM.TRUST ADMINISTRATORS FOLLOW THE RULES AND REGULATIONS GOVERNINGCONTINUITY AND MAINTENANCE OF EXEMPT STATUS WHILE ALSO CARRYING OUT INDIVIDUAL TRUSTOR INTENT. DUTIES INCLUDE ANNUAL TRUST REVIEW, ISSUINGREPORTS, IDENTIFYING CHARITABLE RECIPIENTS, RESEARCHING TAX STATUS OFPOTENTIAL CHARITABLE RECIPIENTS, AND MAKING NECESSARY INCOMEDISTRIBUTIONS FROM EACH TRUST. FORM 990, PART III, LINE 4a CONT. FOR STANFORD FISCAL YEAR 2022 TO 2023, THE UNIVERSITY ALLOCATED $800,000 FROM THE DUDLEY CHAMBERS TRUST DISTRIBUTIONS TO CONTRIBUTE $100,000 TOWARD THE SALARY OF EACH OF EIGHT MEMBERS OF THE FACULTY. AS DESCRIBED IN THE EXPENDITURE REPORT, FOUR OF THESE FACULTY MEMBERS HAVE APPOINTMENTS IN THE SCHOOL OF ENGINEERING (CHAMBERS SCHOLARS) AND FOUR HAVE APPOINTMENTS IN THE SCHOOL OF HUMANITIES AND SCIENCES (CHAMBERS FELLOWS). FORM 990, PART III, LINE 4a CONT. EACH OF THE CHAMBERS FELLOWS AND SCHOLARS WAS AN ASSOCIATE PROFESSOR DURING THE 2022 TO 2023 ACADEMIC YEAR. NONE OF THE CHAMBERS FELLOWS AND SCHOLARS CURRENTLY HOLDS AN ENDOWED CHAIR, SO THE SUPPORT PROVIDED BY THE DUDLEY CHAMBERS TRUST IS ESPECIALLY VALUABLE FOR THESE PROFESSORS. STANFORD UNIVERSITY BENEFITS GREATLY FROM THE TEACHING AND RESEARCH WORK PERFORMED BY THE CHAMBERS FELLOWS AND SCHOLARS. FORM 990, PART III, LINE 4a CONT. TEACHING RESPONSIBILITIES FOR THE EIGHT PROFESSORS VARY BUT, AS AN EXAMPLE, THE CHAMBERS SCHOLARS IN THE SCHOOL OF ENGINEERING TAUGHT A TOTAL OF 604 STUDENTS IN ACADEMIC YEAR 2022 TO 2023: AN AVERAGE OF 151 STUDENTS PER FACULTY MEMBER. THE CHAMBERS FELLOWS IN THE SCHOOL OF HUMANITIES AND SCIENCES (H&S) TAUGHT A TOTAL OF 928 STUDENTS IN ACADEMIC YEAR 2022 TO 2023: AN AVERAGE OF 232 PER FACULTY MEMBER. FORM 990, PART III, LINE 4a CONT. THE FREQUENCY OF SCHOLARLY PUBLICATIONS ALSO VARIES, BUT THE CHAMBERS FELLOWS AND SCHOLARS PUBLISHED A TOTAL OF 101 SCHOLARLY PAPERS IN 2022 TO 2023. IN ADDITION TO PUBLISHING, RESEARCH, LECTURING, AND RELATED TEACHING ACTIVITIES, THE EIGHT PROFESSORS ARE ACTIVELY ENGAGED IN MENTORING THE NEXT GENERATION OF ACADEMIC RESEARCHERS AND TEACHERS. ALL THE CHAMBERS FELLOWS AND SCHOLARS SERVE IN VARYING CAPACITIES AS ADVISORS TO GRADUATE STUDENTS IN DOCTORAL AND MASTERS FORM 990, PART III, LINE 4a CONT. SCHOLARSHIPS - THE TERMS OF THE DUDLEY CHAMBERS TRUST PROVIDE THAT ONE-THIRD OF DISTRIBUTIONS BE USED TO FURNISH ONE OR MORE WHOLE OR PARTIAL SCHOLARSHIPS TO STUDENTS SPECIALIZING IN ONE OR MORE AREAS OF ENGINEERING TECHNOLOGY AND THE NATURAL SCIENCES. FORM 990, PART III, LINE 4a CONT. STANFORD UNIVERSITY CHOOSES TO FOCUS THE FUNDING DESIGNATED FOR SCHOLARSHIPS ON ITS NATIONAL SCIENCE FOUNDATION FELLOWS (NSF). FOR STANFORD FISCAL YEAR 2022 TO 2023, THE UNIVERSITY ALLOCATED $800,000 FROM THE DUDLEY CHAMBERS TRUST DISTRIBUTIONS TO PROVIDE FELLOWSHIPS THAT SUPPORT 146 NSF FELLOWS IN ENGINEERING TECHNOLOGY AND NATURAL SCIENCE DISCIPLINES. FORM 990, PART III, LINE 4a CONT. THE DUDLEY CHAMBERS TRUST FUNDS PROVIDED ABOUT 11 PERCENT OF THE FUNDING FOR 32 PERCENT OF THE NSFS ON TENURE FOR 2022 TO 2023. THE $5,500 AWARD PER NSF FELLOW CONTRIBUTES TOWARD EACH FELLOW TUITION. AVERAGE TUITION WAS $52,560 FOR 2022 TO 2023, OF WHICH THE NSF PROVIDES $12,000 PER YEAR. FORM 990, PART III, LINE 4a CONT. FUND FOR EDUCATION OR RESEARCH - FINALLY, THE TERMS OF THE DUDLEY CHAMBERS TRUST PROVIDE THAT ONE-THIRD OF DISTRIBUTIONS BE USED TO PAY FOR EXPENSES INCURRED BY STANFORD FOR EDUCATION OR RESEARCH IN ONE OR MORE AREAS OF ENGINEERING TECHNOLOGY AND THE NATURAL SCIENCES, FOR PURPOSES OTHER THAN SALARY PAYMENTS TO FACULTY MEMBERS AND SCHOLARSHIPS. FORM 990, PART III, LINE 4a CONT. IN 2022 TO 2023, $800,000 OF THE DISTRIBUTION FROM THE DUDLEY CHAMBERS TRUST WAS ALLOCATED TO LEARNING TECHNOLOGIES & SPACES (LTS), PART OF THE OFFICE OF THE VICE PROVOST FOR STUDENT AFFAIRS (VPSA). FUNDS WERE USED TO PROVIDE TECHNOLOGY AND FURNITURE UPGRADES IN NINE STEM CLASSROOMS AND THE SALARIES FOR THREE FULL-TIME PROFESSIONAL STAFF WHOSE EXPERTISE AND TRAINING HELP SUPPORT THESE CRITICAL UPGRADES. FORM 990, PART III, LINE 4a CONT. THE CLASSROOM UPGRADES ARE PART OF THE STANFORD CLASSROOMS REIMAGINED INITIATIVE, A MULTIYEAR STRATEGIC PLAN TO MEET THE CHANGING NEEDS OF STUDENTS, TO ADDRESS THE GROWING GAP BETWEEN CLASSROOM SUPPLY AND DEMAND, AND TO OPTIMIZE THE USE OF EXISTING SPACES AND RESOURCES. FORM 990, PART III, LINE 4a CONT. THESE UPGRADES ENABLE INSTRUCTORS TO ENGAGE WITH AUDIENCES IN MORE THAN ONE LOCATION AND OFFER GUEST LECTURER PRESENTATIONS THAT ARE MORE SUSTAINABLE AND ACCESSIBLE. FURNITURE UPGRADES ENSURED THE CLASSROOMS COULD EASILY BE RECONFIGURED TO ACCOMMODATE DIFFERENT LEARNING AND TEACHING STYLES AND CLASSROOM ORIENTATIONS. FORM 990, PART III, LINE 4a CONT. ALSO NECESSARY FOR THE SUCCESSFUL INTEGRATION OF TECHNOLOGY IN STEM CLASSROOMS ARE FULL-TIME PROFESSIONAL STAFF THAT DIRECTLY SUPPORT INSTRUCTORS AS THEY ADAPT TO NEW TEACHING AND LEARNING TECHNOLOGIES IN THE CLASSROOM AND CONTINUE TO OFFER AN INCLUSIVE AND COLLABORATIVE LEARNING ENVIRONMENT TO STUDENTS. DEDICATED STAFF THAT ARE AVAILABLE TO TRAIN, SUPPORT, AND PROBLEM SOLVE ARE A CRITICAL PART OF THE INITIATIVE SUCCESS AND THE LONG-TERM VIABILITY OF THE FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW TRUSTEE REVIEWS ALL UNDERLYING MONETARY AND FACTUAL INFORMATION BEFORE THE IRS FORM 990 IS FILED. FORM 990, PAGE 6, PART VI, LINE 19 AS TRUSTEE, JPMORGAN CHASE BANK NA MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE OFFICERS OF THE SUPPORTED ORGANIZATION.THE GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE GENERAL PUBLIC, BUT HAVE BEEN GIVEN AND ARE AVAILABLE TO ALL INTERESTED PARTIES SUCH AS BENEFICIARIES, TRUSTEES, EXECUTORS, ETC. JPMORGAN CHASE BANK NA DOES NOT HAVE A PUBLIC CONFLICT OF INTEREST POLICY. HOWEVER, THE GOVERNING DOCUMENTS AND STATE LAW IMPOSE LIMITATIONS OF TRUSTEE POWERS THATJPMORGAN CHASE BANK NA STRICTLY FOLLOWS. FINANCIAL STATEMENTS ARE SENTTO EACH CHARITABLE BENEFICIARY FOR REVIEW AND COMMENT. EXPLANATION FOR FORM 990, PART XI, LINE 9 MUTUAL FUND ADJUSTMENT: ($48.36); ROUNDING: $1.16; RETURN OF CAPITAL ADJUSTMENT: $56.20;TOTAL $9.00 STANFORD UNIVERSITY 450 SERRA MALL STANFORD CA 94305 941156365 UNIVERSITY CA 501(C)(3) 2 NA false false true false false false false false false false false false false false false false false false false false Stanford University b 2350921 Cost