The Board Of Trustees Of The Leland Stanford Junior University
- Assets
- $61.8b
- Revenue
- $8.5b
- Investments
- $37.6b
- Employees
- 40,771
- Location
- Redwood City, CA
- Founding
- 10/1996
- Data as of
- 08/2023
- EIN
- 94-1156365
Organization Overview
The Board Of Trustees Of The Leland Stanford Junior University, operating under the name Stanford University, is located in Redwood City, CA. The organization was established in 1996. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 08/2023, Stanford University employed 40,771 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stanford University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Stanford University generated $8.5b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $8.1b during the year ending 08/2023. While expenses have increased by 5.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stanford University has awarded 932 individual grants totaling $259,489,561. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
STANFORD UNIVERSITY IS ONE OF A SELECT GROUP OF AMERICAN UNIVERSITIES THAT HAVE ACHIEVED EMINENCE IN BOTH UNDERGRADUATE AND GRADUATE EDUCATION AND RESEARCH - CONT'D SCH O.
Describe the Organization's Program Activity:
INSTRUCTION AND DEPARTMENTAL RESEARCH - SEE SCH O.
ORGANIZED RESEARCH - REVENUE AMOUNT REPORTED ON LINE 4B EXCLUDES $1,518,836,616. IN GOVERNMENT RESEARCH SUPPORT, WHICH IS REPORTED AS CONTRIBUTION REVENUE ON LINE 1E OF PART VIII. CONT'D SCH O.
UNIVERSITY AUXILIARY ACTIVITIES - SEE SCH O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Shaw Dir. Football, Thru 11/27/22 | 50 | $7,081,411 | |
Robert F Wallace Chief Executive Officer, Smc | Officer | 50 | $5,045,924 |
Frank Hanley Chief, Ped Cardiothoracic | 50 | $4,983,965 | |
Lloyd B Minor VP Of Med. Aff.,appt.08/28/23 | Officer | 50 | $4,398,331 |
Tara Vanderveer Director Of Women's Basketball | 50 | $2,814,453 | |
Persis Drell Provost | Officer | 50 | $3,102,715 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Whiting-turner Contracting Co Construction | 8/30/23 | $62,554,161 |
Devcon Construction Inc Construction | 8/30/23 | $47,376,589 |
Magnit Apc I Llc Workforce Solutions | 8/30/23 | $42,560,541 |
Gci General Contractors Construction | 8/30/23 | $33,086,979 |
Palisade Builders Inc Construction | 8/30/23 | $31,428,619 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $917,361 |
| Related organizations | $0 |
| Government grants | $1,518,836,616 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,948,578,098 |
| Noncash contributions included in lines 1a–1f | $296,085,654 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,468,332,075 |
| Total Program Service Revenue | $3,723,764,565 |
| Investment income | $373,737,079 |
| Tax Exempt Bond Proceeds | $3,061,065 |
| Royalties | $16,177,532 |
| Net Rental Income | $197,563,649 |
| Net Gain/Loss on Asset Sales | $687,859,439 |
| Net Income from Fundraising Events | -$152,359 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,323,195 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,473,666,240 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,241,280 |
| Grants and other assistance to domestic individuals. | $667,180,554 |
| Grants and other assistance to Foreign Orgs/Individuals | $11,280,945 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $13,308,833 |
| Compensation of current officers, directors, key employees. | $7,586,035 |
| Compensation to disqualified persons | $1,707,803 |
| Other salaries and wages | $3,942,818,376 |
| Pension plan accruals and contributions | $245,638,987 |
| Other employee benefits | $463,803,448 |
| Payroll taxes | $216,769,279 |
| Fees for services: Management | $8,565,841 |
| Fees for services: Legal | $26,668,198 |
| Fees for services: Accounting | $2,705,389 |
| Fees for services: Lobbying | $82,300 |
| Fees for services: Fundraising | $2,492,107 |
| Fees for services: Investment Management | $3,842,671 |
| Fees for services: Other | $443,141,913 |
| Advertising and promotion | $6,316,895 |
| Office expenses | $327,611,769 |
| Information technology | $53,304,491 |
| Royalties | $15,876,182 |
| Occupancy | $350,427,284 |
| Travel | $105,409,683 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $2,890 |
| Conferences, conventions, and meetings | $15,463,063 |
| Interest | $184,801,656 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $502,091,154 |
| Insurance | -$889,849 |
| All other expenses | $94,519,509 |
| Total functional expenses | $8,133,284,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,184 |
| Savings and temporary cash investments | $744,929,488 |
| Pledges and grants receivable | $2,630,955,551 |
| Accounts receivable, net | $560,196,086 |
| Loans from Officers, Directors, or Controlling Persons | $2,628,684 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,119,795,505 |
| Inventories for sale or use | $5,541,662 |
| Prepaid expenses and deferred charges | $99,093,529 |
| Net Land, buildings, and equipment | $8,558,836,981 |
| Investments—publicly traded securities | $9,843,987,692 |
| Investments—other securities | $37,588,607,721 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $656,197,313 |
| Total assets | $61,810,855,396 |
| Accounts payable and accrued expenses | $1,028,883,991 |
| Grants payable | $0 |
| Deferred revenue | $1,766,039,345 |
| Tax-exempt bond liabilities | $2,335,410,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,135,085,406 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,307,132,608 |
| Total liabilities | $10,572,551,350 |
| Net assets without donor restrictions | $27,193,858,518 |
| Net assets with donor restrictions | $24,044,445,528 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $61,810,855,396 |
Grants Awarded
Over the last fiscal year, The Board Of Trustees Of The Leland Stanford Junior University has awarded $45,087,548 in support to 103 organizations.
| Grant Recipient | Amount |
|---|---|
ALL FAITHS FOOD BANK INC PURPOSE: CAMPAIGN SUPPORT | $10,000 |
ALL SAINTS DAY SCHOOL PURPOSE: CAMPAIGN SUPPORT | $50,000 |
AMERICAN ENDOWMENT FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000,000 |
AMERICAN FEDERATION CHILDREN GROWTH FUND PURPOSE: GENERAL SUPPORT | $100,000 |
AMERICAN RED CROSS PURPOSE: IT SUPPORT | $25,000 |
AMERICANS FOR BEN-GURION UNIVERSITY INC PURPOSE: GENERAL SUPPORT | $20,000 |