Stanford University Reports FY 2011 Financial Results
Source: Market Watch Posted By: jack P...4759 days ago
Stanford University reported its financial results for fiscal year 2011 (FY2011), which ended Aug. 31, 2011. Consolidated net assets increased $3.7 billion, or 17 percent, to end the year at $25.1 billion. Consolidated results include the university, Stanford Hospital and Clinics, and Lucile Salter Packard Children's Hospital at Stanford. Net assets include the value of the endowment, expendable funds, plant facilities and other assets, less debt and other liabilities.
"Excellent investment returns,....