Stanford University

Leland Stanford Junior University
Stanford University seal 2003.svg
MottoGerman: Die Luft der Freiheit weht[1]
Motto in English
The wind of freedom blows[1]
TypePrivate research university
Established1891 (1891)[2][3]
FounderLeland and Jane Stanford
Endowment$26.46 billion (2018)[4]
Budget$6.5 billion (2018–19)[5]
PresidentMarc Tessier-Lavigne
ProvostPersis Drell
Academic staff
2,219[6]
Administrative staff
12,508[7] excluding SHC
Students16,520
Undergraduates7,083[6]
Postgraduates9,437[6]
Location, ,
United States

Stanford wordmark (2012).svg
Stanford is located in the United States
Stanford
Stanford
Location in the United States
Stanford is located in California
Stanford
Stanford
Location in California

Leland Stanford Junior University (also known as Stanford University or simply Stanford)[11] is a private research university in Stanford, California. Stanford is known for its academic strength, wealth, selectivity, proximity to Silicon Valley, and ranking as one of the world's top universities.[12][13][14][15][16]

The university was founded in 1885 by Leland and Jane Stanford in memory of their only child, Leland Stanford Jr., who had died of typhoid fever at age 15 the previous year. Stanford was a U.S. Senator and former Governor of California who made his fortune as a railroad tycoon. The school admitted its first students on October 1, 1891,[2][3] as a coeducational and non-denominational institution.

Stanford University struggled financially after the death of Leland Stanford in 1893 and again after much of the campus was damaged by the 1906 San Francisco earthquake.[17] Following World War II, Provost Frederick Terman supported faculty and graduates' entrepreneurialism to build self-sufficient local industry in what would later be known as Silicon Valley.[18] The university is also one of the top fundraising institutions in the country, becoming the first school to raise more than a billion dollars in a year.[19]

The university is organized around three traditional schools consisting of 40 academic departments at the undergraduate and graduate level and four professional schools that focus on graduate programs in law, medicine, education and business. Students compete in 36 varsity sports, and the university is one of two private institutions in the Division I FBS Pac-12 Conference. It has gained 123 NCAA team championships,[20] the most for a university. Stanford athletes have won 522 (the most) individual championships,[21] and Stanford has won the NACDA Directors' Cup for 24 consecutive years, beginning in 1994–1995.[22] In addition, Stanford students and alumni have won 270 Olympic medals including 139 gold medals.[23]

As of October 2018, 83 Nobel laureates, 27 Turing Award laureates,[note 1] and 8 Fields Medalists have been affiliated with Stanford as students, alumni, faculty or staff.[44] In addition, Stanford University is particularly noted for its entrepreneurship and is one of the most successful universities in attracting funding for start-ups.[45][46][47][48][49] Stanford alumni have founded a large number of companies, which combined produce more than $2.7 trillion in annual revenue and have created 5.4 million jobs as of 2011, roughly equivalent to the 10th largest economy in the world (as of 2011).[50][51][52] Stanford is the alma mater of 30 living billionaires and 17 astronauts, and is also one of the leading producers of members of the United States Congress.[53][54]

History

Center of the campus in 1891.[55]

Stanford University was founded in 1885 by Leland and Jane Stanford, dedicated to Leland Stanford Jr, their only child. The institution opened in 1891 on Stanford's previous Palo Alto farm. Despite being impacted by earthquakes in both 1906 and 1989, the campus was rebuilt each time. In 1919, The Hoover Institution on War, Revolution and Peace was started by Herbert Hoover to preserve artifacts related to World War I. The Stanford Medical Center, completed in 1959, is a teaching hospital with over 800 beds. The SLAC National Accelerator Laboratory (originally named the Stanford Linear Accelerator Center), which was established in 1962, performs research in particle physics.[56]

Jane and Leland Stanford modeled their university after the great eastern universities, most specifically Cornell University. Stanford opened being called the "Cornell of the West" in 1891 due to faculty being former Cornell affiliates (either professors, alumni, or both) including its first president, David Starr Jordan. Both Cornell and Stanford were among the first to have higher education be accessible, nonsectarian, and open to women as well as to men. Cornell is credited as one of the first American universities to adopt this radical departure from traditional education, and Stanford became an early adopter as well.[57]