At Stanford, research surpasses investments as top revenue source - Lisa M. Krieger, Mercury News

Scientific research is re-emerging as the leading contributor to Stanford University's budget, surpassing income from its multibillion-dollar endowment and other investments. The collapse of Wall Street — and Washington's sudden enthusiasm for research — reverses a recent trend, where investment income led all other sources of Stanford's support, according to Stanford Provost John Etchemendy. Next year, federally funded research — including an infusion of stimulus dollars — will account for the largest share of the university's revenue, 30 percent. Investment income will contribute only 24 percent.