Finances
In 2012-13, Stanford is a $4.4 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 $530 million capital budget and excludes the budgets for the Stanford Hospital and Clinics and the Lucile Packard Children's Hospital, which are separate corporations.
| 29% | sponsored research |
| 21% | endowment income |
| 4% | other investment income |
| 17% | student income |
| 14% | health care services income |
| 5% | expendable gifts and net assets released |
| 10% | other income |
| 54% | salaries & benefits |
| 31% | operating expenses |
| 9% | SLAC National Accelerator Laboratory |
| 6% | financial aid |
Endowment
Stanford’s $17 billion endowment (as of Aug. 31, 2012) provides an enduring source of financial support for fulfillment of the university’s mission of teaching, learning and research. About 78 percent of the endowment is designated by donors for a specific purpose. There are nearly 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 2011-12 raised $1.035 billion from 79,000 donors. The gifts included $304.3 million for research and programs, $70.8 million in student aid, $62.1 million for faculty support and $102.1 million for building projects.
| 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 |
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 |
