Stanford University is a private research university located in Stanford, California. Founded in 1885, it operates as a non-profit institution and is funded through tuition, donations, and research grants rather than state or federal government appropriations.
As a private university, Stanford has greater autonomy in setting its curriculum, admissions policies, and tuition fees compared to public universities. It is renowned for its academic excellence, selective admissions, and significant contributions to technology, business, and research.