Stanford University is a private research university located in Stanford, California. Founded in 1885 by Leland Stanford and his wife, Jane, in memory of their son, Leland Stanford Jr., the university opened its doors in 1891. As of August 1, 2024, Jonathan Levin serves as the university's 13th president. Lily Sarafan chairs the Board of Trustees.
Stanford is recognized for its contributions to research, innovation, and education across various disciplines, including engineering, computer science, medicine, and the humanities. Its close ties to Silicon Valley have fostered an entrepreneurial culture, with alumni and faculty founding companies like Google, Hewlett-Packard, Nike, and Netflix. The university's endowment, which includes real estate and other investments, was valued at $36.5 billion as of August 2023. Stanford consistently ranks among the top universities worldwide. In 2022, Washington Monthly ranked Stanford first among universities in the United States. Stanford's placement rate stands at 88%. The average salary for graduates is approximately INR 1.45 Cr.