One of the core investment strategies for the PIF is to acquire direct ownership in oil and gas royalties and other mineral interests. The Petroleum Investments Committee (PIC) is always looking for quality, direct-investment opportunities and seeks direct purchases, co-investment opportunities, bargain sales, and special situations in which the PIF might have a competitive advantage.
Another core investment strategy for the PIF is to invest with highly regarded third-party managers of royalty funds; net-profit-oriented oil, gas, and energy funds; and private-equity energy and energy-technology funds. The PIC is interested in finding new investment opportunities with such outside managers.
To build the PIF endowment and expand its impact on the future of Earth science education and research at Stanford, the PIC seeks gifts of cash, appreciated securities and real property, oil and gas royalties, and other mineral interests. Gifts to Stanford University qualify as charitable contributions for both federal and state income tax purposes. Donors can elect to make outright gifts, which may be pledged over a period of up to five years, or may prefer another giving vehicle such as a life income fund or bequest. Those interested in making a gift to the PIF should consult their own legal and tax advisors for professional advice regarding their gifts. Staff attorneys in Stanford’s Office of Development welcome inquiries from prospective donors and their advisors concerning gifts and bequests to Stanford University for the PIF.
For additional information, or if you have any questions, please contact David Gordon Executive Administrator, Petroleum Investments Committee.