Hoover Institution at Stanford University

FINANCES

The Institution's annual budget for its programs and activities is approximately $25 million. In a typical year, the annual budget is expended as follows:

The Hoover Institution owes its distinctive character and present eminence to generous philanthropy, starting with Herbert Hoover himself and continuing with those who have inherited his commitment.

40%Research scholars and their direct support
25%General research support, communications,
development
25%Library operations and acquisitions
5%Facilities, materials, computer services
5%Administration

The Hoover Institution is supported by donations from individuals and their related foundations and corporations (approximately 40 percent); by payout from endowment funds, the market value of which exceeds $250 million (approximately 45 percent); and by a contribution from Stanford University dedicated to the library and archives (approximately 15 percent).

Gifts to the Hoover Institution are tax deductible. The Hoover Institution is part of Stanford University's tax-exempt status as a Section 501(c)(3) "public charity." For further information, please contact Hoover's Office of Development by telephone at 650.725.6715, by facsimile at 650.723.1952, or by e-mail at development@hoover.stanford.edu.


"The Hoover Institution has become very simply a unique national asset."

   —Ronald Reagan, Honorary Fellow

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