On Dec. 8, 2015 the University released its financial results for the 2015 fiscal year. During the fiscal year, which ended Aug. 31, 2015, Stanford’s consolidated net assets increased to $35.5 billion, up 5 percent or $1.7 billion from the previous year.

Randy Livingston, vice president for business affairs and chief financial officer, told the Stanford Report that Stanford’s financial position is strong but also expressed a note of caution.

“Despite these positive results, investment market volatility, pressure on federal sponsored research funding, high Bay Area housing costs and changes to the healthcare marketplace will continue to challenge us and remain on the forefront of our planning efforts,” Livingston said.

The consolidated results include the performance of the University itself, Stanford Health Care and Lucile Salter Packard Children’s Hospital at Stanford, as well as other entities controlled or majority-owned by the three big organizations.

Considered separately, the net assets of the University are at $30.4 billion, an increase of 4 percent from last year.  Operating revenues made up $5 billion of this, an increase of 10 percent or $453 million over the year.

The largest portion of the assets, however, is in the $22.2 billion endowment, which also increased in value by 4 percent over the past year. The endowment funded 23 percent of the University’s expenses over the past fiscal year. This meant $1.1 billion from the endowment, or a 7 percent increase in endowment payouts.

In the hospitals and their majority-owned or controlled entities, net assets finished at $5.1 billion for the year, an increase of $522 million or 11 percent.

Contact Ada Throckmorton at adastat ‘at’ stanford.edu.