Skip to content
Nonprofiteer
← PRINCETON UNIVERSITY

Form 990 for tax year 2022

Filed by PRINCETON UNIVERSITY.

Totals

Total revenue
$3,611,165,000
Total expenses
$2,630,086,000
Contributions and grants received
$761,141,000
Grants paid
$509,542,799
Program services expenses (Part IX)
$2,309,673,000
Management and general expenses
$286,053,000
Fundraising expenses
$34,360,000
Program service expenses (Part III)
$2,309,673,000

Program services were 87.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Christopher Eisgruber

    PRESIDENT

    Total calculated
    $1,273,306
    From this org
    $1,154,651
    From related orgs
    $0
    Other
    $118,655
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,039,712
    Bonus
    $0
    Other
    $114,939
    Deferred
    $37,371
    Nontaxable benefits
    $81,284
    Filer's total
    $1,273,306
  • Amy Alving

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Anthony A Yoseloff

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Anthony HP Lee

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Beth F Cobert

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Blair W Effron

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • Bob Hugin

    trustee

    Total calculated
    $0
    Hours/week
    5
  • Bob Peck

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • Bradford L smith

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • C James Yeh

    TRUSTEE

    Total calculated
    $0
    Hours/week
    6
  • Carla B Vernon

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Carol Quillen

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Elizabeth Prus Myers

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Heather K Gerken

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • Henri R Ford

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Jackie Y Ying

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Jackson A Artis

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Janeria A Easley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Jos B Alvarez

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Kathryn Roth-Douquet

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Kathy Kiely

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Laura L Forese

    TRUSTEE

    Total calculated
    $0
    Hours/week
    6
  • Lori Fouch

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Louise S Sams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10
  • Marisa J Demeo

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Melissa H Wu

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • Morgan smith

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Naomi I Hess

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Paul A Maeder

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Peter L Briger Jr

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Philip Murphy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Philip U Hammarskjold

    TRUSTEE

    Total calculated
    $0
    Hours/week
    8
  • Sarah E Stein

    Trustee

    Total calculated
    $0
    Hours/week
    8
  • Sarah Varghese

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Sumir Chadha

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Terri A Sewell

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Timothy Kingston

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Yan Huo

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Yolandra Gomez Toya

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Andrew Golden

    president of the Princeton University Investment Company (Through 6/30/24)

    Total calculated
    $10,320,790
    From this org
    $6,625,550
    From related orgs
    $0
    Other
    $3,695,240
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,078,909
    Bonus
    $5,426,202
    Other
    $120,439
    Deferred
    $3,661,851
    Nontaxable benefits
    $33,389
    Filer's total
    $10,320,790
  • Chad Klaus

    vice president for university services

    Total calculated
    $522,422
    From this org
    $459,540
    From related orgs
    $0
    Other
    $62,882
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $435,397
    Bonus
    $0
    Other
    $24,143
    Deferred
    $37,371
    Nontaxable benefits
    $25,511
    Filer's total
    $522,422
  • Charlotte Treby Williams

    executive vice president (Through 6/30/23)

    Total calculated
    $865,674
    From this org
    $799,089
    From related orgs
    $0
    Other
    $66,585
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $719,456
    Bonus
    $0
    Other
    $79,633
    Deferred
    $37,371
    Nontaxable benefits
    $29,214
    Filer's total
    $865,674
  • Deborah Prentice

    provost (Through 3/13/23)

    Total calculated
    $982,771
    From this org
    $903,967
    From related orgs
    $0
    Other
    $78,804
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $821,953
    Bonus
    $0
    Other
    $82,014
    Deferred
    $37,371
    Nontaxable benefits
    $41,433
    Filer's total
    $982,771
  • Gadi Dechter

    vice president for communications and government affairs

    Total calculated
    $607,326
    From this org
    $535,454
    From related orgs
    $0
    Other
    $71,872
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $491,066
    Bonus
    $0
    Other
    $44,388
    Deferred
    $37,371
    Nontaxable benefits
    $34,501
    Filer's total
    $607,326
  • Hilary Parker

    Vice President and Secretary

    Total calculated
    $607,539
    From this org
    $546,592
    From related orgs
    $0
    Other
    $60,947
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $512,022
    Bonus
    $0
    Other
    $34,570
    Deferred
    $37,371
    Nontaxable benefits
    $23,576
    Filer's total
    $607,539
  • James Dominick

    VP for info. tech. and CIO (Through 12/31/23)

    Total calculated
    $628,469
    From this org
    $558,334
    From related orgs
    $0
    Other
    $70,135
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $517,089
    Bonus
    $0
    Other
    $41,245
    Deferred
    $37,371
    Nontaxable benefits
    $32,764
    Filer's total
    $628,469
  • James Matteo

    vice president for finance and treasurer

    Total calculated
    $688,625
    From this org
    $619,226
    From related orgs
    $0
    Other
    $69,399
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $546,430
    Bonus
    $0
    Other
    $72,796
    Deferred
    $37,371
    Nontaxable benefits
    $32,028
    Filer's total
    $688,625
  • Jennifer Rexford

    Provost (As of 3/13/23)

    Total calculated
    $597,006
    From this org
    $526,726
    From related orgs
    $0
    Other
    $70,280
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $348,013
    Bonus
    $0
    Other
    $178,713
    Deferred
    $37,371
    Nontaxable benefits
    $32,909
    Filer's total
    $597,006
  • Kevin Heaney

    vice president for advancement

    Total calculated
    $788,689
    From this org
    $674,021
    From related orgs
    $0
    Other
    $114,668
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $617,319
    Bonus
    $0
    Other
    $56,702
    Deferred
    $37,371
    Nontaxable benefits
    $77,297
    Filer's total
    $788,689
  • KyuJung Whang

    VICE PRESIDENT FOR FACILITIES

    Total calculated
    $582,941
    From this org
    $522,868
    From related orgs
    $0
    Other
    $60,073
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $487,405
    Bonus
    $0
    Other
    $35,463
    Deferred
    $37,371
    Nontaxable benefits
    $22,702
    Filer's total
    $582,941
  • Nilufer Shroff

    vice president and chief audit and compliance officer

    Total calculated
    $498,255
    From this org
    $440,059
    From related orgs
    $0
    Other
    $58,196
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $420,918
    Bonus
    $0
    Other
    $19,141
    Deferred
    $37,371
    Nontaxable benefits
    $20,825
    Filer's total
    $498,255
  • Ramona Romero

    vice president and general counsel

    Total calculated
    $898,700
    From this org
    $804,536
    From related orgs
    $0
    Other
    $94,164
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $726,962
    Bonus
    $0
    Other
    $77,574
    Deferred
    $37,371
    Nontaxable benefits
    $56,793
    Filer's total
    $898,700
  • Romy Riddick

    Vice President for Human Resources

    Total calculated
    $438,924
    From this org
    $378,669
    From related orgs
    $0
    Other
    $60,255
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $367,949
    Bonus
    $0
    Other
    $10,720
    Deferred
    $37,371
    Nontaxable benefits
    $22,884
    Filer's total
    $438,924
  • W Rochelle Calhoun

    vice president for campus life

    Total calculated
    $548,483
    From this org
    $483,024
    From related orgs
    $0
    Other
    $65,459
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $453,958
    Bonus
    $0
    Other
    $29,066
    Deferred
    $37,371
    Nontaxable benefits
    $28,088
    Filer's total
    $548,483
  • Cole Crittenden

    DEAN OF THE GRADUATE SCHOOL (Through 6/1/22)

    Total calculated
    $390,486
    From this org
    $336,599
    From related orgs
    $0
    Other
    $53,887
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $286,174
    Bonus
    $0
    Other
    $50,425
    Deferred
    $34,547
    Nontaxable benefits
    $19,340
    Filer's total
    $390,486
  • Gene Andrew Jarrett

    Dean of the Faculty

    Total calculated
    $789,989
    From this org
    $716,327
    From related orgs
    $0
    Other
    $73,662
    Hours/week
    50 + 1 related

    Schedule J breakdown matched by us

    Base
    $603,189
    Bonus
    $0
    Other
    $113,138
    Deferred
    $37,371
    Nontaxable benefits
    $36,291
    Filer's total
    $789,989
  • Jill Dolan

    Dean of the College (Through 6/30/24)

    Total calculated
    $545,106
    From this org
    $484,610
    From related orgs
    $0
    Other
    $60,496
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $453,480
    Bonus
    $0
    Other
    $31,130
    Deferred
    $37,371
    Nontaxable benefits
    $23,125
    Filer's total
    $545,106
  • Pablo Debenedetti

    Dean for Research (Through 8/27/23)

    Total calculated
    $582,985
    From this org
    $516,289
    From related orgs
    $0
    Other
    $66,696
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $480,764
    Bonus
    $0
    Other
    $35,525
    Deferred
    $37,371
    Nontaxable benefits
    $29,325
    Filer's total
    $582,985
  • Rodney Priestley

    dean of the Graduate School

    Total calculated
    $513,427
    From this org
    $446,772
    From related orgs
    $0
    Other
    $66,655
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $357,978
    Bonus
    $0
    Other
    $88,794
    Deferred
    $37,371
    Nontaxable benefits
    $29,284
    Filer's total
    $513,427
  • Edward Karns

    managing director of PRINCO

    Total calculated
    $3,717,396
    From this org
    $2,495,858
    From related orgs
    $0
    Other
    $1,221,538
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $627,689
    Bonus
    $1,816,626
    Other
    $51,543
    Deferred
    $1,144,127
    Nontaxable benefits
    $77,411
    Filer's total
    $3,717,396
  • James Millar

    managing director of PRINCO

    Total calculated
    $4,848,199
    From this org
    $4,779,428
    From related orgs
    $0
    Other
    $68,771
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $636,894
    Bonus
    $4,088,711
    Other
    $53,823
    Deferred
    $37,371
    Nontaxable benefits
    $31,400
    Filer's total
    $4,848,199
  • Jennifer Birmingham

    managing director of PRINCO

    Total calculated
    $2,770,280
    From this org
    $1,864,350
    From related orgs
    $0
    Other
    $905,930
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $710,863
    Bonus
    $1,083,040
    Other
    $70,447
    Deferred
    $862,323
    Nontaxable benefits
    $43,607
    Filer's total
    $2,770,280
  • Jonathan Erickson

    managing director of PRINCO

    Total calculated
    $4,303,230
    From this org
    $2,984,711
    From related orgs
    $0
    Other
    $1,318,519
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $664,362
    Bonus
    $2,252,628
    Other
    $67,721
    Deferred
    $1,233,056
    Nontaxable benefits
    $85,463
    Filer's total
    $4,303,230
  • Tae Kyoon Kim

    managing director of PRINCO

    Total calculated
    $3,230,761
    From this org
    $2,129,276
    From related orgs
    $0
    Other
    $1,101,485
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $577,062
    Bonus
    $1,502,466
    Other
    $49,748
    Deferred
    $1,069,903
    Nontaxable benefits
    $31,582
    Filer's total
    $3,230,761
  • Lianne Sullivan-Crowley

    Former vice president for human resources, Emeritus

    Total calculated
    $522,396
    From this org
    $446,087
    From related orgs
    $0
    Other
    $76,309
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $422,309
    Bonus
    $0
    Other
    $23,778
    Deferred
    $37,371
    Nontaxable benefits
    $38,938
    Filer's total
    $522,396
  • Sanjeev Kulkarni

    Professor, Former Dean of the Faculty

    Total calculated
    $672,757
    From this org
    $603,095
    From related orgs
    $1,000
    Other
    $68,662
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $555,673 + $1,000 related
    Bonus
    $0
    Other
    $47,422
    Deferred
    $37,371
    Nontaxable benefits
    $31,291
    Filer's total
    $671,757 + $1,000 related
  • Sarah-Jane Leslie

    Professor, Former Dean of the Graduate School

    Total calculated
    $644,327
    From this org
    $580,979
    From related orgs
    $0
    Other
    $63,348
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $437,446
    Bonus
    $0
    Other
    $143,533
    Deferred
    $37,371
    Nontaxable benefits
    $25,977
    Filer's total
    $644,327

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a First-class or charter travel
UNDER THE UNIVERSITY EXPENSE GUIDELINES, EMPLOYEES MAY TRAVEL AT FARES OTHER THAN COACH CLASS FOR SPECIAL HEALTH OR OTHER BUSINESS REASONS AS APPROVED BY THE EXECUTIVE VP OR THE DEAN OF THE FACULTY, OR IN THE CASE OF THE PRESIDENT, BY THE COMPENSATION COMMITTEE.
Schedule J, Part I, Line 1a Travel for companions
UNDER THE UNIVERSITY EXPENSE GUIDELINES, SPOUSAL/PARTNER TRAVEL IS PERMISSIBLE IN RARE INSTANCES WHEN THE PRESENCE OF A SPOUSE/PARTNER IS REQUIRED BY THE UNIVERSITY TO FURTHER AN INSTITUTIONAL BUSINESS PURPOSE AS APPROVED BY THE EXECUTIVE VP OR THE DEAN OF THE FACULTY.
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments
THE UNIVERSITY MAY PROVIDE TAX GROSS-UP PAYMENTS UNDER CERTAIN CIRCUMSTANCES AS APPROVED BY THE COMPENSATION COMMITTEE, PRESIDENT, PROVOST, EXECUTIVE VICE PRESIDENT, VICE PRESIDENT FOR HUMAN RESOURCES, OR THE DEAN OF THE FACULTY. THE UNIVERSITY DOES NOT PROVIDE TAX INDEMNIFICATIONS.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use
THE UNIVERSITY REQUIRES ITS PRESIDENT AND DEAN OF THE GRADUATE SCHOOL TO LIVE IN ITS OFFICIAL UNIVERSITY RESIDENCES FOR THE UNIVERSITY'S CONVENIENCE AND AS A CONDITION OF EMPLOYMENT. THE UNIVERSITY EMPLOYS STAFF TO SUPPORT BUSINESS EVENTS AT THE OFFICIAL RESIDENCES.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE PRESIDENT AND THE MANAGING DIRECTORS OF PRINCETON UNIVERSITY INVESTMENT COMPANY, A UNIVERSITY DEPARTMENT, PARTICIPATED IN AND RECEIVED COMPENSATION FROM NONQUALIFIED UNFUNDED 457(F) INCENTIVE COMPENSATION PLANS WHICH PROVIDE FOR THE DEFERRAL OF COMPENSATION (WHICH AMOUNT CAN INCREASE OR DECREASE SUBSTANTIALLY DEPENDING ON THE PERFORMANCE OF CERTAIN MARKET BENCHMARKS), UNTIL SUCH COMPENSATION IS NO LONGER SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE.
Schedule J, Part I, Line 7 Non-fixed payments
THE PRESIDENT AND THE MANAGING DIRECTORS OF PRINCETON UNIVERSITY INVESTMENT COMPANY, A UNIVERSITY DEPARTMENT, RECEIVED INCENTIVE COMPENSATION FROM THE UNIVERSITY BASED ON INVESTMENT RESULTS RELATIVE TO VARIOUS BENCHMARK INDICES, PEER GROUP PERFORMANCE AND A DISCRETIONARY FACTOR.
Schedule J, Part II, Column (F) PRIOR YEAR COMPENSATION
THE AMOUNTS REPORTED IN COLUMN (F) ONLY REFLECT COMPENSATION REPORTED IN COLUMN (B) THAT WAS ALREADY REPORTED AS DEFERRED COMPENSATION ON PRIOR YEAR RETURNS. THEREFORE, A SUBSTANTIAL AMOUNT OF COLUMN (B) BONUSES, WHICH WERE PAID IN THE CURRENT-YEAR, ARE DOUBLE-REPORTED AS THESE BONUSES WERE PREVIOUSLY SHOWN IN PRIOR YEAR TAX RETURNS AS COLUMN (C) DEFERRED COMPENSATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202441369349303904

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.