Stanford has a huge endowment and a longstanding commitment to varsity sports.  Yet even Stanford has decided to eliminate a number of programs: 

https://www.espn.com/college-sports/story/_/id/29429478/stanford-cut-11-...

[Mod edit: Closed and redirecting to a lively conversation already in progress.  https://www.elevenwarriors.com/college-sports/2020/07/115008/stanford-to...