Endowment, assets, and donations ===
Stanford's endowment includes real estate and other investments valued at $36.5 billion as of August 2023, and is one of the four largest academic endowments in the United States. The endowment consists of $29.9 billion in a merged pool of assets and $6.6 billion of real estate near the main campus. Stanford is the largest landowner in the Silicon Valley Payouts from the endowment covered approximately 22% of university expenses in the 2023 fiscal year.
Since inception, the university has been the beneficiary of large donations. The endowment began in 1885, six years before the opening of the university, when Leland Stanford and his wife Jane conveyed approximately $20 million to the university. The university's pioneering of technology intellectual property transfer created both direct investments and enabled a unique pipeline of mega-donors including from alumni-founded companies with Google (Sergey Brin and Larry Page), Nike (Phil Knight), Hewlett-Packard (David Packard …
