Wallace Sterling

During his 20-year term as president he oversaw the growth of Stanford from a financially troubled regional university to a financially sound, internationally recognized academic powerhouse, "the Harvard of the West". Achievements during his tenure included:

• Moving the Stanford Medical School from a small, inadequate campus in San Francisco to a new facility on the Stanford campus which was fully integrated into the university to an unusual degree for medical schools.
• Establishing the Stanford Industrial Park (now the Stanford Research Park) and the Stanford Shopping Center on leased University land, thus stabilizing the university's finances. The Stanford Industrial Park, together with the university's aggressive pursuit of government research grants, helped to spur the development of Silicon Valley.
• Increasing the number of students receiving financial aid from less than 5% when he took office to more than one-third when he retired.
• Increasing the size of the student body from 8,300 to 11,300 and the size of the tenured faculty from 322 to 974.
• Launching the PACE fundraising program, the largest such program ever undertaken by any university up to that time.
• Launching a building boom on campus that included a new bookstore, post office, student union, dormitories, a faculty club, and many academic buildings.
• Creating the Overseas Campus program for undergraduates in 1958.

In 2022, Stanford University issued a public apology for its discrimination against Jewish applicants in the 1950s, which was documented through internal memos involving Sterling.[6]