In 2020–21, Stanford is a $6.6 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 $0.4 billion
capital budget and excludes the budget for Stanford
Health Care and Lucile Packard Children’s Hospital.
Sources of Funds for FY 2020-21
|Other investment income||4.5%|
|Health care services||22%|
|SLAC National Accelerator Laboratory||8%|
Expenditures for FY 2020-21
|Salaries & benefits||63%|
|Other operating expenses||27%|
Stanford’s $28.9 billion endowment (as of Aug. 31, 2020) provides an enduring source of financial support for fulfillment of the university’s mission of teaching, learning and research. It disbursed $1.4 billion to support vital academic programs and financial aid during the fiscal year. About 80 percent of the endowment is restricted by donors for a specific purpose. There are 8,300 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. Visit smc.stanford.edu
Learn more by downloading our Stanford 2021 endowment fact sheet.
Stanford University and Stanford Health Care reported $1.3 billion in philanthropic gifts during the fiscal year that ended August 31, 2020, reflecting the financial support of more than 51,000 donors.