Established in 1991, the role of the Stanford Management Company (SMC) is to invest and manage Stanford University's endowment and other financial assets. Our goal is to provide financial support for the continued strength of Stanford University. This requires balancing current needs and obligations with the opportunity to grow the endowment over time, through portfolio diversification and innovative approaches to investing.
SMC is a division of the University, governed by a Board of Directors who are appointed by the Board of Trustees of the Leland Stanford Junior University. SMC, as Stanford's endowment and trust fiduciary, plays an important role in building and maintaining a strong financial foundation to support the University's teaching, learning, and research mission.