Stanford Universtiy

The Stanford Real Estate Department (SRE), within LBRE, is responsible for filing the University and Hospital's College Exemption filings. Under the California Constitution, real property used exclusively for educational purposes by a nonprofit educational institution of collegiate grade is exempt from taxation (excluding special assessments). The property may be either owned or leased, but it must be used for educational purposes as of the January 1 lien date. 

SRE files exemptions for the Stanford Campus, the Redwood City Campus, Faculty Staff Housing, Student Housing, Stanford Health Care, Lucile Packard Children's Hospital, School of Medicine, Off-campus leases, and other locations. 

SRE files for over 450 parcels totaling over 650 forms, attachments, and letters. Claims are filed in Santa Clara County, San Mateo County, Alameda County, Monterey County, San Francisco County, Santa Cruz County, and in Washington D.C.

The College Exemption is available to property used exclusively for educational purposes by a nonprofit educational institution of collegiate grade. The property may be either owned or leased, but it must be used for educational purposes as of the January 1 lien date. Buildings under construction or renovation, and the land required for their convenient use, and equipment in them may also qualify for the exemption if the intended use when completed will qualify the property for exemption. The College Exemption is provided for in Section 3(e) of article XIII of the California Constitution, implemented by section 203 of the Revenue and Taxation Code. 

Disclaimer: Stanford University does not offer personal tax advice. Nothing on this website shall be construed as the offering of tax advice. Stanford recommends seeking professional tax counsel whenever necessary.