Overview
What is Stanford University Bookstore C/O Stanford University?
Stanford University Bookstore C/O Stanford University, formerly managing its retail stores, transferred its operations to Follett Higher Education Group on July 1, 1999. In this transition, the bookstore sold its merchandise inventories and some assets to Follett Higher Ed, ceasing its retail operations. Post-transition, the bookstore's role shifted to winding down its retail operations and leasing certain facilities to Follett. The remaining assets were donated to the university. Currently, Randy Livingston oversees the bookstore, located in Redwood City, CA. Despite the shift in operations, the bookstore continues to serve as a significant part of the Stanford University community.
Is Stanford University Bookstore C/O Stanford University legitimate?
Stanford University Bookstore C/O Stanford University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stanford University Bookstore C/O Stanford University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Stanford University Bookstore C/O Stanford University?
The Stanford University Bookstore, formerly managed by Stanford University, underwent a significant change on July 1, 1999. It transferred its retail store management to Follett Higher Education Group and sold its merchandise inventories and certain assets to them at net book value. Post-1999, the bookstore's operations primarily focused on winding down its retail operations and leasing certain facilities to Follett. The remaining assets of the bookstore were donated to the university. The bookstore's mission prior to these changes is not explicitly stated in the provided information.
Who is the CEO of Stanford University Bookstore C/O Stanford University?
Randy Livingston is the President of Stanford University Bookstore C/O Stanford University.
What is the revenue of Stanford University Bookstore C/O Stanford University?
Stanford University Bookstore C/O Stanford University's revenue in 2022 was $98,229.
Who are the executives of Stanford University Bookstore C/O Stanford University and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $1,473,171
- Other: $234,774
- Compensation: $0
- Related: $831,080
- Other: $423,078
Where can I find the form 990 for Stanford University Bookstore C/O Stanford University?
Stanford University Bookstore C/O Stanford University's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stanford University Bookstore C/O Stanford University
Stanford University Bookstore, formerly responsible for its retail operations, transferred the management of its stores to Follett Higher Education Group on July 1, 1999. Following this transaction, the bookstore sold its merchandise inventories and certain other assets to Follett Higher Ed at net book value. Subsequently, the bookstore's operations shifted towards winding down its retail operations and leasing certain facilities to Follett. The remaining assets of the bookstore were donated substantially to the university. Currently, Stanford University Bookstore is under the management of Follett Higher Education Group, with Randy Livingston overseeing its operations. The bookstore's primary focus has shifted, and it no longer operates as a retail outlet.
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Impact
October, 2024
Stanford University Bookstore C/O Stanford University plays a significant role in supporting the educational mission of Stanford University by managing various assets that contribute to the university's resources. After transferring the management of its retail stores to Follett Higher Education Group in 1999, the bookstore shifted its focus toward winding down retail operations while facilitating lease agreements and other arrangements that benefit the university.
This transition enabled the bookstore to donate the majority of its remaining assets back to Stanford, reinforcing its commitment to the institution. By doing so, the bookstore enhances the university's capacity to provide educational services and maintain its infrastructure. The operations, now under the guidance of Randy Livingston and based in Redwood City, CA, continue to reflect a dedication to education, enabling Stanford to advance its initiatives and support its community effectively.
This information is meant to be a general summary of Stanford University Bookstore C/O Stanford University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,854
- Program Service Revenue: $96,375
- Gross Receipts: $98,229
Assets and Liabilities:
- Total Assets: $516,547
- Total Liabilities: $66,375
- Net Assets: $450,172
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS - AFFILIATES
Revenue
$96,375
Organization Details
Founding Year
1998
Phone
(650) 723-0202Principal Officer
Randy Livingston
Main Address
505 BROADWAY 6TH FLOOR MC2065, REDWOOD CITY, CA, 94063
NTEE Category
Code: B80Z - Education
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