Administration & Finances


In 2016-17, Stanford is a $5.9 billion enterprise. This figure represents the university’s consolidated budget for operations, a compilation of all annual operating and restricted budgets that support teaching, scholarship and research, including the budgets of all schools and administrative areas and the SLAC National Accelerator Laboratory. It does not include the $774 million capital budget and excludes the budgets for Stanford Health Care and the Lucile Packard Children's Hospital.

Sources of Funds for FY 2016-17
Sponsored research 18%
Endowment income 20%
Other investment income 2%
Student income 15%
Health care services 20%
Expendable gifts and net assets released 6%
SLAC National Accelerator Laboratory 10%
Other income 9%
Expenditures for FY 2016-17
Salaries & benefits 59%
Operating expenses 37%
Debt service 4%


Stanford’s $22.4 billion endowment (as of Aug. 31, 2016) provides an enduring source of financial support for fulfillment of the university’s mission of teaching, learning and research. Almost 75% of the endowment is designated by donors for a specific purpose. There are more than 8,000 endowed university funds.

Each year, a portion of investment return from the endowment is used to support annual operating expenses. The remainder of the return is reinvested in the endowment to maintain its purchasing power over time. The Stanford Management Company (SMC) was established in 1991 to manage Stanford’s financial and real estate assets. SMC is a division of the university with oversight by a board of directors appointed by the university Board of Trustees.


Stanford University reported $951.1 million in philanthropic gifts during the fiscal year that ended August 31, 2016, reflecting the support of more than 80,000 donors.

This page last modified Aug 07, 2017.