Finances
In 2011-12, Stanford is a $4.1 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 $456 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 |
| 20% | endowment income |
| 4% | other investment income |
| 18% | student income |
| 13% | health care services income |
| 7% | expendable gifts and net assets released |
| 9% | other income |
| 54% | salaries & benefits |
| 30% | operating expenses |
| 10% | SLAC National Accelerator Laboratory |
| 6% | financial aid |
Endowment
Stanford’s $16.5 billion endowment (as of Aug. 31, 2011) 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 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 2010-11 raised $709.4 million from 77,524 donors. More than 36 percent of undergraduate alumni gave gifts to the university. The gifts included $211.6 million for research, $65.7 million in student aid, $45.8 million for professorships and other faculty support and $104.6 million for building projects.
Through Stanford’s annual giving programs, alumni, parents and friends are encouraged to make expendable gifts for general university and school purposes. From time to time, individuals, foundations and corporations make major gifts to increase the university’s endowment, to construct new buildings or to start new programs. In addition, some alumni and friends include Stanford in their estate planning or make arrangements for a deferred gift to the university. For more information, call (650) 723-8500 or visit http://givingtostanford.stanford.edu.
| 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 |
