The Board of Trustees of the Leland Stanford Junior University
89% goes to programs $5 to raise $100 Strong reserves
The Board of Trustees of the Leland Stanford Junior University is a 501(c)(3) organization based in Redwood City, California, registered in 1996, with $9,541,579,835 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
485 Broadway St Msc 8838, Redwood City, CA, 94063 EIN 94-1156365 Since 1996
Revenue (FY2023)
$9.5B
▲ 12.6% vs prior year
Education median: $200K
Expenses (FY2023)
$8.9B
Net assets
$52.5B
Employees
42,965
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $5 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Board of Trustees of the Leland Stanford Junior University: 89% to programs · $5 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating70 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Board of Trustees of the Leland Stanford Junior University: 70 mo reserves · +6% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Board of Trustees of the Leland Stanford Junior University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Board of Trustees of the Leland Stanford Junior University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
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.
What they do
Organized research - revenue amount reported on line 4b excludes $1,670,655,897. in government research support, which is reported as contribution revenue on line 1e of part viii. cont'd sch o.
Contact & location
- Address
- 485 Broadway St Msc 8838, Redwood City, CA, 94063
- City
- Redwood City
- State
- California
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $5.7B (FY2013) to $9.5B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $10.9BNet assets $52.5B
Operating margin
6.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$63.3B
Total liabilities
$10.9B
Net assets
$52.5B
Salaries & benefits
$5.5B
61% of expenses
Board members
30
27 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $9,541,579,835▲12.6% | $8,932,390,126▲9.8% | $52,467,588,147▲2.4% | $63,332,330,950▲2.5% | 990 |
| 2022 | $8,473,666,240▼11.0% | $8,133,284,247▲11.3% | $51,238,304,046▲1.6% | $61,810,855,396▲2.5% | 990 |
| 2021 | $9,526,036,013▲0.3% | $7,310,729,830▲9.5% | $50,406,836,642▼0.4% | $60,274,269,943▼0.4% | 990 |
| 2020 | $9,497,701,265▲38.7% | $6,677,255,686▲2.5% | $50,616,235,694▲25.6% | $60,495,171,723▲21.2% | 990 |
| 2019 | $6,848,913,893▲0.3% | $6,516,612,459▲0.9% | $40,305,382,466▲4.7% | $49,933,605,804▲7.7% | 990 |
| 2018 | $6,829,098,940▼5.5% | $6,456,186,130▲5.5% | $38,500,639,336▲4.4% | $46,370,111,200▲5.3% | 990 |
| 2017 | $7,228,921,128▼1.5% | $6,121,518,157▲5.6% | $36,883,437,717▲6.3% | $44,036,785,688▲5.0% | 990 |
| 2016 | $7,341,722,254▲5.4% | $5,797,391,199▲9.8% | $34,691,219,440▲9.4% | $41,954,221,978▲11.1% | 990 |
| 2015 | $6,965,956,577▲15.4% | $5,280,669,257▲4.5% | $31,719,178,850▲4.2% | $37,767,407,673▲4.3% | 990 |
| 2014 | $6,035,405,120▲5.6% | $5,050,927,315▲8.8% | $30,433,480,227▲4.1% | $36,213,882,456▲2.8% | 990 |
| 2013 | $5,717,023,246 | $4,641,560,606▲7.9% | $29,221,141,228▲13.6% | $35,227,473,556▲11.7% | 990 |
| 2012 | — | $4,300,789,168▲5.0% | $25,723,105,228▲9.4% | $31,539,947,659▲8.8% | 990 |
| 2011 | — | $4,095,309,847▲7.6% | $23,505,420,167▲4.2% | $28,981,773,890▲4.6% | 990 |
| 2010 | — | $3,804,792,280▲6.4% | $22,554,793,855▲16.1% | $27,697,527,289▲12.8% | 990 |
| 2009 | — | $3,575,001,813 | $19,434,922,492 | $24,553,320,653 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Robert F Wallace — $5,307,588 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert F Wallace | Chief Executive Officer, Smc | 50 | $5,307,588 |
| Frank Hanley | Chief, Ped Cardiothoracic | 50 | $5,207,744 |
| Philip A Pizzo | Former Dean School of Medicine | 50 | $3,961,095 |
| Jay Kang | Sr. Md, Smc | 50 | $2,978,619 |
| Troy Scott Taylor | Director of Football | 50 | $2,923,047 |
| Yiping Woo | Prof. & Chair, Cardio Surgery | 50 | $2,915,629 |
| Lloyd B Minor | Vp Medical Affairs | 50 | $2,883,097 |
| Marc Tessier-lavigne | Former President | 50 | $1,655,841 |
| Randall Livingston | Vp Bus Affairs/cfo | 50 | $1,626,689 |
| Robert C Reidy | Vp Land, Buildings, Real Est | 50 | $1,594,773 |
| Martin Shell | Vp & Chief Ero | 50 | $1,295,154 |
| Jon Denney | Vp Development | 50 | $1,239,650 |
| Persis Drell | Provost, Thru 9/30/23 | 50 | $1,057,725 |
| Jonathan D Levin | President/trustee, Appt 8/1/24 | 50 | $1,007,233 |
| Howard Wolf | Vp Alum Affair,pres Alum Assoc | 50 | $997,125 |
| Megan Pierson | Vp Uni. Affairs, Appt 7/29/24 | 50 | $959,615 |
| Debra Zumwalt | Vp General Counsel | 50 | $940,449 |
| Farnaz Khadem | Vp Communication | 50 | $886,759 |
| Stephen Streiffer | Vp Slac, Thru 10/1/23 | 50 | $848,718 |
| Jenny Martinez | Provost, Appointed 10/1/23 | 50 | $814,237 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| The Whiting-turner Contracting Co | Construction | $114,558,240 |
| Gci General Contractors | Construction | $60,783,047 |
| Devcon Construction Inc | Construction | $57,268,688 |
| Cahill Contractors LLC | Construction | $45,307,596 |
| The Core Group | Construction | $44,161,763 |
Grants received · $4.7B total
2,554 grants to The Board of Trustees of the Leland Stanford Junior University totaling $4.7B, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Target Als Foundation Inc | Scientific research | 2025 | $185,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $32,450,178 |
| Silicon Valley Community Foundation | Education | 2024 | $16,938,472 |
| Chan Zuckerberg Biohub Inc | Scientific and medical research | 2024 | $11,626,018 |
| American Heart Association Inc | Research | 2024 | $8,609,742 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $7,300,000 |
| American Endowment Foundation | Educational | 2024 | $3,944,761 |
| Arc Research Institute | University fellowships | 2024 | $3,794,924 |
| Parker Institute For Cancer Immunotherapy | Support research in field of cancer immunotherapy | 2024 | $3,582,836 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $3,140,000 |
| Blood Cancer United Inc | Research grant | 2024 | $2,257,440 |
| The Milken Institute | Transformative computational biology | 2024 | $2,000,000 |
| American Cancer Society Inc | Support/research | 2024 | $1,963,500 |
| The V Foundation | Cancer research | 2024 | $1,600,000 |
| The Bessemer Giving Fund | Unrestricted gift | 2024 | $1,599,000 |
Grants made · $74.6M in FY2023
127 grants totaling $74.6M in FY2023 — showing the 15 largest. All grants made by The Board of Trustees of the Leland Stanford Junior University →
| Recipient | Purpose | Amount |
|---|---|---|
| Morgridge Institute Foundation Inc | General support | $25,000,000 |
| University of Wisconsin Foundation | Future fund | $15,000,000 |
| Chapel & York Us Foundation Inc | Aiglon college | $6,000,000 |
| Stanford Health Care 227 | General support | $3,810,000 |
| Jewish Family & Childrens Services | Fund support | $3,001,000 |
| Massachusetts Institute of Technology | Pavilion support | $2,500,000 |
| San Mateo County Historical Association | Construction support | $2,000,000 |
| National Philanthropic Tr | General support | $1,529,332 |
| Nature Conservancy | Program support | $1,250,000 |
| Trustees of Columbia University | Climate policy fund | $1,235,500 |
| American Endowment Foundation | General support | $1,000,000 |
| Hawaii Community Foundation | Maui strong fund | $1,000,000 |
| San Francisco Opera Association | Matching gift | $1,000,000 |
| Bay Area Cancer Connections | General support | $900,000 |
| Illuminate the Arts | Bay lights project | $600,000 |
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Frequently asked questions
- Is The Board of Trustees of the Leland Stanford Junior University a legitimate nonprofit?
- Yes. The Board of Trustees of the Leland Stanford Junior University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-1156365, based in Redwood City, California. Donations are tax-deductible.
- What is The Board of Trustees of the Leland Stanford Junior University's EIN?
- The Board of Trustees of the Leland Stanford Junior University's Employer Identification Number (EIN) is 94-1156365.
- How much revenue does The Board of Trustees of the Leland Stanford Junior University report?
- The Board of Trustees of the Leland Stanford Junior University reported $9,541,579,835 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of The Board of Trustees of the Leland Stanford Junior University's spending goes to programs?
- The Board of Trustees of the Leland Stanford Junior University spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Board of Trustees of the Leland Stanford Junior University have?
- CharityIndex grades The Board of Trustees of the Leland Stanford Junior University A, based on program efficiency and fundraising cost.
- How much does The Board of Trustees of the Leland Stanford Junior University's highest-paid employee make?
- The highest reported compensation on The Board of Trustees of the Leland Stanford Junior University's latest Form 990 is $5,307,588, paid to Robert F Wallace (Chief Executive Officer, Smc).
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Data for The Board of Trustees of the Leland Stanford Junior University (EIN 94-1156365) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.