The Board of Trustees of the Leland Stanford Junior University

What it reported doing in 2024

Statement of program service accomplishments (expenses $1,878,872,819 including grants of $27,648,000; revenue $322,839,848) organized research: research is integral to the educational mission of stanford and involves faculty, graduate students, and undergraduates who seek new knowledge in service to humanity. Stanford faculty members have contributed to advancements in high tech, including the creation of digital subscriber lines, identity-based encryption, global positioning systems and the reduced instruction set computer, among other discoveries; disease identification and management, including programs used by more than 500 organizations worldwide concerned with chronic health problems such as arthritis and HIV/AIDS; and genome sequencing, including discoveries that created the field of genetic engineering. Today's stanford faculty members are leaders in neuroscience, energy, stem cell research, artificial intelligence, nanotechnology, bioengineering, computing technology, reform of our nation's schools and environmental sustainability. Through both basic and applied research, stanford is committed to providing new knowledge that fuels our national economy and to training graduate students who will become tomorrow's teachers and researchers. Entrepreneurial stanford faculty members are known for their ability to cross interdisciplinary boundaries to create teams of researchers able to provide new insights to complex, worldwide problems.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 88.6%; rating input score 89
• Fundraising efficiency: $20.99 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 4 of 8 controls in place; rating input score 50
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Pass
  • Conducts site visits: Fail
  • Requires grant agreements: Pass
  • May require repayment: Pass
• Grant itemization coverage: 100%; rating input score 100; 51st percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 93.8%; rating input score 94; 43rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 4.6%; rating input score 55; 55th percentile among comparable filings
• Total-asset coverage ratio: 7.09; rating input score 88; 88th percentile among comparable filings
• Liabilities to assets ratio: 0.19; rating input score 70; 70th percentile among comparable filings
• Officer compensation ratio: 0.5%; rating input score 83; 83rd percentile among comparable filings

Growth

• Program expense growth: 6.3% per year; rating input score 100; 52nd percentile among comparable filings
• Revenue growth: 5.9% per year; rating input score 100; 52nd percentile among comparable filings
• Asset growth: 6.6% per year; rating input score 100; 49th percentile among comparable filings