[Farm93]

Of that amount, $10.6 million came from payments from the university in connection with running the P.E., intramural, recreation, and wellness programs.

Maybe somebody out there can shed some light on this issue?

Hold the phone.  Back when I was in school DAPER was very open with the fact that the golf course was a revenue producing asset that was critical to DAPER's success.  To imply it doesn't count is like implying the AD's endowment doesn't count. DAPER is responsible for maintaining that facility. The golf course is used by the golf teams and the X-Country teams.  So it has also been a critical facility for Stanford's competitive success in 4 sports.

The student use fees are harder to breakdown.  However, I took a course at Avery.  I knew many that took courses at the tennis facility.  Seems reasonable for those to fall in DAPER's budget.  My "instructor" was our women's swim coach at the time.  I doubted he was doing that for free, so that becomes part of his salary for working in DAPER.

Seems reasonable to include both really since the Stanford AD operates the facility and pays the coaches.

As I mentioned before the debt-free ownership of so many assets is really critical to Stanford's success.  Getting the ability to benefit from alums at the golf course and current students and summer campers into Maples, Avery and Taube have always been part of the formula.

[Farm93]

Of that amount, $10.6 million came from payments from the university in connection with running the P.E., intramural, recreation, and wellness programs.

Maybe somebody out there can shed some light on this issue?

Hold the phone.  Back when I was in school DAPER was very open with the fact that the golf course was a revenue producing asset that was critical to DAPER's success.  To imply it doesn't count is like implying the AD's endowment doesn't count. DAPER is responsible for maintaining that facility. The golf course is used by the golf teams and the X-Country teams.  So it has also been a critical facility for Stanford's competitive success in 4 sports.

The student use fees are harder to breakdown.  However, I took a course at Avery.  I knew many that took courses at the tennis facility.  Seems reasonable for those to fall in DAPER's budget.  My "instructor" was our women's swim coach at the time.  I doubted he was doing that for free, so that becomes part of his salary for working in DAPER.

Seems reasonable to include both really since the Stanford AD operates the facility and pays the coaches.

As I mentioned before the debt-free ownership of so many assets is really critical to Stanford's success.  Getting the ability to benefit from alums at the golf course and current students and summer campers into Maples, Avery and Taube have always been part of the formula.