Stanford University

Stanford University was founded in 1885 by Leland and Jane Stanford as a tribute to the memory of their only child, Leland Stanford Jr., who had died of typhoid in 1884 at the age of 15. The university officially opened in 1891 on the Stanfords' former Palo Alto farm. Modeled after the great Eastern universities, specifically Cornell University in Ithaca, New York, Stanford was often referred to as the "Cornell of the West" in its early years. This comparison was largely due to a significant portion of its faculty being former Cornell affiliates, including its first president, David Starr Jordan, and its second president, John Casper Branner. Both Cornell and Stanford were among the first to make higher education accessible, non-sectarian, and inclusive of women and men. Cornell is recognized as one of the first American universities to embrace this progressive approach to education, and Stanford quickly followed suit, solidifying its commitment to these ideals.

From an architectural perspective, the Stanfords sought to distinguish their university by emulating the style of English university buildings while also incorporating elements of local Mission Revival architecture and Californian heritage. They specified in the founding grant that the buildings should "be like the old adobe houses of the early Spanish days; they will be one-storied; they will have deep window seats and open fireplaces, and the roofs will be covered with the familiar dark red tiles." The Stanfords also hired renowned landscape architect Frederick Law Olmsted, who previously designed the Cornell campus, to design the Stanford campus.

When Leland Stanford died in 1893, the continued existence of the university was put in jeopardy due to a federal lawsuit against his estate, but Jane Stanford insisted the university remain in operation throughout the financial crisis. The university suffered major damage from the 1906 San Francisco earthquake; most of the damage was repaired, but a new library and gymnasium were demolished, and some original features of Memorial Church and the Quad were never restored. During the early-20th century, the university added four professional graduate schools. …

Most of Stanford is on an 8,180-acre (12.8 sq mi; 33.1 km) campus, one of the largest in the United States. It is on the San Francisco Peninsula, in the northwest part of the Santa Clara Valley (Silicon Valley) approximately 37 miles (60 km) southeast of San Francisco and approximately 20 miles (30 km) northwest of San Jose. Stanford received $4.5 billion in 2006 and spent more than $2.1 billion in Santa Clara and San Mateo counties. In 2008, 60% of this land remained undeveloped.

Stanford's main campus includes a census-designated place within unincorporated Santa Clara County, although some of the university land (such as the Stanford Shopping Center and the Stanford Research Park) is within the city limits of Palo Alto. The campus also includes much land in unincorporated San Mateo County (including the SLAC National Accelerator Laboratory and the Jasper Ridge Biological Preserve), as well as within the city limits of Menlo Park (Stanford Hills neighborhood), Woodside, and Portola Valley.

The central campus includes a seasonal lake (Lake Lagunita, an irrigation reservoir), home to the vulnerable California tiger salamander. As of 2012, Lake Lagunita was often dry and the university had no plans to artificially fill it. Heavy rains in January 2023 refilled Lake Lagunita to up to 8 feet of depth. Two other reservoirs, Searsville Lake on San Francisquito Creek and Felt Lake, are on more remote sections of the founding grant.

The central campus is adjacent to Palo Alto, bounded by El Camino Real, Stanford Avenue, Junipero Serra Blvd, and Sand Hill Road, off State Route 82. The United States Postal Service has assigned it two ZIP Codes: 94305 for campus mail and 94309 for P.O. box mail. It lies within area code 650.

Many Stanford faculty members live in the "Faculty Ghetto", within walking or biking distance of campus. The Faculty Ghetto is composed of land owned by Stanford. Similar to a condominium, the houses can be bought and sold to other Stanford faculty but the land under the houses is leased for 51 years with the possibility of extensions. Houses in the "Ghetto" appreciate and depreciate, but not as rapidly as overall Silicon Valley values.

Some of the land is managed to provide revenue for the university such as the Stanford Shopping Center and the Stanford Research Park. …

Stanford is a private, non-profit university administered as a corporate trust governed by a privately appointed board of trustees with a maximum membership of 38. Trustees serve five-year terms (not more than two consecutive terms) and meet five times annually. A new trustee is chosen by the current trustees by ballot. The Stanford trustees also oversee the Stanford Research Park, the Stanford Shopping Center, the Cantor Center for Visual Arts, Stanford University Medical Center, and many associated medical facilities (including the Lucile Packard Children's Hospital).

The board appoints a president to serve as the chief executive officer of the university, to prescribe the duties of professors and course of study, to manage financial and business affairs, and to appoint nine vice presidents. Richard Saller became the interim president in September 2023. On April 4, 2024, the board of trustees announced that Jonathan Levin would become the thirteenth president on August 1, 2024. The provost is the chief academic and budget officer, to whom the deans of each of the seven schools report. Jenny Martinez became the fourteenth provost in October 2023. The university is organized into seven academic schools.

The schools of Humanities and Sciences (twenty-seven departments), Engineering (nine departments), and Sustainability (nine departments) have both graduate and undergraduate programs while the Schools of Law, Medicine, Education, and Business have graduate programs only. The powers and authority of the faculty are vested in the Academic Council, which is made up of tenure and non-tenure line faculty, research faculty, senior fellows in some policy centers and institutes, the president of the university, and some other academic administrators. But most matters are handled by the Faculty Senate, made up of 54 elected representatives of the faculty for 2021.

The Associated Students of Stanford University (ASSU) is the student government for Stanford and all registered students are members. Its elected leadership consists of the Undergraduate Senate elected by the undergraduate students, the Graduate Student Council elected by the graduate students, and the President and Vice President elected as a ticket by the entire student body. …

Stanford University is renowned for its programs in Computer Science, Business, Law, and Medicine. The university's School of Engineering includes a top-ranked Computer Science department, while the Graduate School of Business, Law School, and School of Medicine are consistently ranked among the best in the nation.

Stanford is considered by US News to be 'most selective' with an acceptance rate of 3.8%, one of the lowest among US universities. Half of the applicants accepted to Stanford have an SAT score between 1520 and 1570 or an ACT score between 32 and 35, typically with a GPA of 3.94 or higher. Admissions officials consider a student's grade point average to be an important academic factor, with emphasis on an applicant's high school class rank and letters of recommendation. In terms of non-academic materials as of 2019, Stanford ranks extracurricular activities, talent/ability and character/personal qualities as 'very important' in making first-time, first-year admission decisions, while ranking the interview, whether the applicant is a first-generation university applicant, legacy preferences, volunteer work and work experience as 'considered'. Of those students accepted to Stanford's Class of 2026, 1,736 chose to attend, of which 21% were first-generation college students.

Stanford's admission process is need-blind for U.S. citizens and permanent residents; while it is not need-blind for international students, 64% are on need-based aid, with an average aid package of $31,411. In 2012, the university awarded $126 million in need-based financial aid to 3,485 students, with an average aid package of $40,460. Eighty percent of students receive some form of financial aid. Stanford has a no-loan policy. For undergraduates admitted starting in 2015, Stanford waives tuition, room, and board for most families with incomes below $65,000, and most families with incomes below $125,000 are not required to pay tuition; those with incomes up to $150,000 may have tuition significantly reduced. Seventeen percent of students receive Pell Grants, a common measure of low-income students at a college. In 2022, Stanford started its first dual-enrollment computer science program for high school students from low-income communities, as a pilot project which then inspired the founding of the Qualia Global Scholars Program. …

Stanford is one of the most successful universities worldwide in creating companies and licensing its inventions to existing companies, and it is often considered the model for technology transfer. Stanford's Office of Technology Licensing is responsible for commercializing university research, intellectual property, and university-developed projects. The university is described as having a strong venture culture in which students are encouraged, and often funded, to launch their own companies. Companies founded by Stanford alumni generate more than $2.7 trillion in annual revenue and have created some 5.4 million jobs since the 1930s. When combined, these companies would form the tenth-largest economy in the world.

Some notable companies closely associated with Stanford and their connections include: