Administration & Finances

Finances

In 2013-14, Stanford is a $4.8 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 $659 million capital budget and excludes the budgets for the Stanford Hospital & Clinics and the Lucile Packard Children's Hospital, which are separate corporations.

Sources of Funds FOR FY 2013-14
19% sponsored research
21% endowment income
4% other investment income
16% student income
15% health care services income
6% expendable gifts and net assets released
9% SLAC National Accelerator Laboratory
10% other income
Expenditures for FY 2013-14
59% salaries & benefits
31% operating expenses
4% SLAC National Accelerator Laboratory
6% financial aid

Endowment

Stanford’s $18.7 billion endowment (as of Aug. 31, 2013) provides an enduring source of financial support for fulfillment of the university’s mission of teaching, learning and research. About 75 percent of the endowment is designated by donors for a specific purpose. There are more than 7,000 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 value 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.

Fundraising

Stanford University in 2013-14 raised $928.5 million from 82,300 donors.

Fiscal Year Gifts in Millions
2001 $469.0
2002 $454.8
2003 $486.1
2004 $524.2
2005 $603.6
2006 $911.2
2007 $832.3
2008 $785.0
2009 $640.1
2010 $598.9
2011 $709.4
2012 $1.035 (billion)
2013 $931.6
2014

$928.5

Tuition Rates

Academic Year Tuition
1920-21 $120
1930-31 $300
1940-41 $345
1950-51 $660
1960-61 $1,005
1970-71 $2,400
1980-81 $6,285
1990-91 $14,280
1991-92 $15,102
1992-93 $16,536
1993-94 $17,775
1994-95 $18,669
1995-96 $19,695
1996-97 $20,490
1997-98 $21,300
1998-99 $22,110
1999-2000 $23,058
2000-2001 $24,441
2001-2002 $25,917
2002-2003 $27,204
2003-2004 $28,563
2004-2005 $29,847
2005-2006 $31,200
2006-2007 $32,994
2007-2008 $34,800
2008-2009 $36,030
2009-2010 $37,380
2010-2011 $38,700
2011-2012 $40,050
2012-2013 $41,250
2013-2014 $42,690

This page last modified Oct 13, 2014.