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Nonprofiteer
← PRINCETON UNIVERSITY

Form 990 for tax year 2024

Filed by PRINCETON UNIVERSITY.

Totals

Total revenue
$3,208,577,000
Total expenses
$3,196,203,000
Contributions and grants received
$873,197,769
Grants paid
$620,310,685
Program service revenue
$675,866,000
Investment income
$1,541,159,000
Other revenue
$118,354,231
Total assets, end of year
$45,858,792,000
Total liabilities, end of year
$7,745,874,000
Net assets or fund balances, end of year
$38,112,918,000
Program services expenses (Part IX)
$2,795,437,000
Management and general expenses
$362,441,000
Fundraising expenses
$38,325,000
Program service expenses (Part III)
$2,795,437,000

Program services were 87.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $138,855

  • 1e · Government grants (contributions)

    $475,621,000

  • 1f · All other contributions, gifts and grants

    $397,437,914

  • 1g · Noncash contributions included above

    $60,741,206

  • 2a · Program service revenue: Tuition and Fees

    total $549,140,000 · related or exempt $549,140,000

  • 2b · Program service revenue: Sales and Services of Auxiliary Activities

    total $126,457,000 · related or exempt $126,457,000

  • 2c · Program service revenue: Advertising

    total $269,000 · unrelated business $269,000

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,540,942,000 · unrelated business $112,904,230 · excluded $1,428,037,770

  • 4 · Income from investment of tax-exempt bond proceeds

    total $425,000 · excluded $425,000

  • 5 · Royalties

    total $2,287,000 · related or exempt $2,287,000

  • 6a · Gross rents

    real property $14,678,000

  • 6b · Less rental expenses

    real property $9,691,000

  • 6c · Rental income or loss

    real property $4,987,000 · personal property $0

  • 6d · Net rental income or loss

    total $4,987,000 · excluded $4,987,000

  • 7a · Gross sales of assets other than inventory

    securities $563,535,000 · other assets $3,850,000

  • 7b · Less cost or other basis and sales expenses

    securities $563,111,000 · other assets $4,482,000

  • 7c · Gain or loss

    securities $424,000 · other assets -$632,000

  • 7d · Net gain or loss

    total -$208,000 · excluded -$208,000

  • 8a · Fundraising events: gross income

    $34,520

  • 8a · Fundraising events: contributions included on line 1c

    $138,855

  • 8b · Fundraising events: direct expenses

    $148,318

  • 8c · Net income from fundraising events

    total -$113,798 · excluded -$113,798

  • 11a · Other revenue: Other Revenue

    total $111,194,029 · related or exempt $16,739,000 · unrelated business $25 · excluded $94,455,004

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $111,194,029

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,035,699 · program services $15,035,699

  • 2 · Grants to domestic individuals

    total $559,288,021 · program services $559,288,021

  • 3 · Grants to foreign organizations and individuals

    total $45,986,965 · program services $45,986,965

  • 5 · Compensation of officers, directors and key employees

    total $17,341,000 · program services $6,476,000 · management and general $9,957,000 · fundraising $908,000

  • 6 · Compensation of disqualified persons

    total $3,345,000 · program services $2,181,000 · management and general $1,164,000 · fundraising $0

  • 7 · Other salaries and wages

    total $1,146,815,000 · program services $896,749,000 · management and general $228,841,000 · fundraising $21,225,000

  • 8 · Pension plan contributions

    total $92,941,000 · program services $77,835,000 · management and general $13,415,000 · fundraising $1,691,000

  • 9 · Other employee benefits

    total $183,671,000 · program services $154,406,000 · management and general $25,980,000 · fundraising $3,285,000

  • 10 · Payroll taxes

    total $70,622,000 · program services $59,144,000 · management and general $10,193,000 · fundraising $1,285,000

  • 11a · Fees: management

    total $2,123,000 · program services $1,482,000 · management and general $641,000 · fundraising $0

  • 11b · Fees: legal

    total $19,182,000 · program services $2,441,000 · management and general $16,718,000 · fundraising $23,000

  • 11c · Fees: accounting

    total $2,853,000 · program services $4,000 · management and general $2,849,000 · fundraising $0

  • 11d · Fees: lobbying

    total $678,000 · management and general $678,000

  • 11f · Fees: investment management

    total $1,893,000 · management and general $1,893,000

  • 11g · Fees: other

    total $246,862,000 · program services $157,277,000 · management and general $85,682,000 · fundraising $3,903,000

  • 12 · Advertising and promotion

    total $9,113,000 · program services $7,054,000 · management and general $1,258,000 · fundraising $801,000

  • 13 · Office expenses

    total $102,528,000 · program services $97,127,000 · management and general $5,094,000 · fundraising $307,000

  • 14 · Information technology

    total $12,780,000 · program services $7,357,000 · management and general $5,269,000 · fundraising $154,000

  • 15 · Royalties

    total $413,000 · program services $413,000

  • 16 · Occupancy

    total $94,127,000 · program services $17,514,000 · management and general $76,194,000 · fundraising $419,000

  • 17 · Travel

    total $41,074,000 · program services $37,936,000 · management and general $2,440,000 · fundraising $698,000

  • 19 · Conferences, conventions and meetings

    total $11,015,000 · program services $10,105,000 · management and general $836,000 · fundraising $74,000

  • 20 · Interest

    total $221,826,000 · program services $152,353,000 · management and general $69,473,000 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $231,466,000 · program services $207,141,000 · management and general $23,684,000 · fundraising $641,000

  • 23 · Insurance

    total $9,873,000 · program services $404,000 · management and general $9,468,000 · fundraising $1,000

  • 24a · Other expenses: Subcontracts

    total $52,241,000 · program services $52,230,000 · management and general $11,000 · fundraising $0

  • 24b · Other expenses: Other Expenses

    total $1,110,315 · program services $74,570,315 · management and general -$74,620,000 · fundraising $1,160,000

  • 24c · Other expenses: Operation&Maintenance Allocation

    total $0 · program services $152,927,000 · management and general -$154,677,000 · fundraising $1,750,000

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $32,291,000 · end of year $36,452,000

  • 2 · Savings and temporary cash investments

    beginning of year $364,074,000 · end of year $336,350,000

  • 3 · Pledges and grants receivable

    beginning of year $539,965,000 · end of year $562,781,000

  • 4 · Accounts receivable

    beginning of year $5,689,000 · end of year $7,856,000

  • 5 · Loans and receivables from officers and key people

    beginning of year $5,280,880 · end of year $6,413,991

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $482,728,491 · end of year $504,921,009

  • 8 · Inventories for sale or use

    beginning of year $6,577,000 · end of year $9,403,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,954,000 · end of year $7,744,000

  • 10a · Land, buildings and equipment: cost or other basis

    $10,008,839,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,788,313,000

  • 10c · Land, buildings and equipment, net

    beginning of year $6,539,466,000 · end of year $7,220,526,000

  • 11 · Investments: publicly traded securities

    beginning of year $212,000,000 · end of year $771,800,000

  • 12 · Investments: other securities

    beginning of year $34,573,674,000 · end of year $36,310,363,000

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $4,000 · end of year $2,349,000

  • 15 · Other assets

    beginning of year $68,330,629 · end of year $81,833,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $451,817,000 · end of year $519,090,000

  • 19 · Deferred revenue

    beginning of year $48,791,000 · end of year $75,105,000

  • 20 · Tax-exempt bond liabilities

    beginning of year $3,614,113,000 · end of year $4,179,031,000

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $32,517,000 · end of year $15,894,000

  • 24 · Unsecured notes and loans payable

    beginning of year $1,775,763,000 · end of year $2,164,395,000

  • 25 · Other liabilities

    beginning of year $796,932,000 · end of year $792,359,000

  • 27 · Net assets without donor restrictions

    beginning of year $16,474,504,000 · end of year $17,543,744,000

  • 28 · Net assets with donor restrictions

    beginning of year $19,644,597,000 · end of year $20,569,174,000

Mission and programs · 2024

Mission

RESEARCH, EDUCATION AND GENERAL - PRINCETON UNIVERSITY IS A PRIVATE NOT-FOR-PROFIT, NON-SECTARIAN INSTITUTION OF HIGHER LEARNING WITH APPROXIMATELY 5,700 UNDERGRADUATE AND 3,300 GRADUATE STUDENTS. 2,500 STUDENTS GRADUATED IN THE 2024-2025 ACADEMIC YEAR. AS A WORLD-RENOWNED RESEARCH UNIVERSITY, PRINCETON SEEKS TO ACHIEVE THE HIGHEST LEVELS OF DISTINCTION IN THE DISCOVERY AND TRANSMISSION OF KNOWLEDGE AND UNDERSTANDING, AT THE SAME TIME, PRINCETON IS DISTINCTIVE AMONG RESEARCH UNIVERSITIES IN ITS COMMITMENT TO UNDERGRADUATE TEACHING.

Activities or mission (Part I)

PRINCETON UNIVERSITY IS A PRIVATE NOT-FOR-PROFIT, NONSECTARIAN INSTITUTION OF HIGHER LEARNING AND A WORLD-RENOWNED RESEARCH INSTITUTION.

  • RESEARCH-ONE OF THE WORLD'S GREAT RESEARCH CENTERS, PRINCETON UNIVERSITY IS THE SITE OF PIONEERING WORK ACROSS ALL ACADEMIC AREAS. EVERY MEMBER OF THE FACULTY IS ENGAGED IN SCHOLARLY RESEARCH. IN ADDITION, GRADUATE STUDENTS AND UPPERCLASS UNDERGRADUATES PURSUE INDEPENDENT RESEARCH. EXTERNAL SOURCES FUNDED 1,740 SEPARATE PROJECTS IN 2024-25, REFLECTING AND ENHANCING THE EXCEPTIONAL QUALITY OF RESEARCH AT PRINCETON.

    Expenses $1,177,330,000 · Grants $111,451,000 · Revenue $2,287,000

  • EDUCATION - PRINCETON UNIVERSITY IS A PRIVATE NOT-FOR-PROFIT, NON-SECTARIAN INSTITUTION OF HIGHER LEARNING WITH APPROXIMATELY 5,700 UNDERGRADUATE AND 3,300 GRADUATE STUDENTS. 2,500 STUDENTS GRADUATED IN THE 2024-2025 ACADEMIC YEAR. AS A WORLD-RENOWNED RESEARCH UNIVERSITY, PRINCETON SEEKS TO ACHIEVE THE HIGHEST LEVELS OF DISTINCTION IN THE DISCOVERY AND TRANSMISSION OF KNOWLEDGE AND UNDERSTANDING. AT THE SAME TIME, PRINCETON IS DISTINCTIVE AMONG RESEARCH UNIVERSITIES IN ITS COMMITMENT TO UNDERGRADUATE TEACHING.

    Expenses $996,428,000 · Grants $406,968,000 · Revenue $565,879,000

  • AUXILIARY ACTIVITIES-PRINCETON UNIVERSITY FURNISHES SERVICES TO THE CAMPUS COMMUNITY INCLUDING HOUSING, DINING, AND CONFERENCE AND EVENT SERVICES TO APPROXIMATELY 9,000 STUDENTS, 1,300 FACULTY, 6,700 STAFF, AS WELL AS THE PUBLIC. ONE OF PRINCETON'S DEFINING CHARACTERISTICS IS ITS SMALL, RESIDENTIAL COMMUNITY THAT OFFERS A WEALTH OF ACADEMIC, EXTRACURRICULAR AND CAMPUS LIFE OPPORTUNITIES FOR STUDENTS. NEARLY ALL OF THE UNIVERSITY'S UNDERGRADUATES AND 70 PERCENT OF GRADUATE STUDENTS LIVE ON CAMPUS. THE UNIVERSITY ALSO OFFERS A VARIETY OF HOUSING AND DINING PROGRAMS FOR FACULTY AND STAFF.

    Expenses $176,102,000 · Grants $40,869,000 · Revenue $126,457,000

  • OTHER PROGRAM SERVICES - INCLUDES ACADEMIC SUPPORT ACTIVITIES SUCH AS ACADEMIC ADMINISTRATION, RESEARCH ADMINISTRATION, AND THE PRINCETON UNIVERSITY ART MUSEUM; STUDENT SERVICES SUCH AS ADMISSION, FINANCIAL AID, REGISTRAR, CAREER SERVICES, HEALTH SERVICES AND ATHLETICS; AND PUBLIC SERVICE.

    Expenses $445,577,000 · Grants $15,036,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Christopher Eisgruber

    PRESIDENT

    Total calculated
    $1,657,737
    From this org
    $1,518,245
    From related orgs
    $0
    Other
    $139,492
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,360,953
    Bonus
    $0
    Other
    $157,292
    Deferred
    $42,140
    Nontaxable benefits
    $97,352
    Filer's total
    $1,657,737
  • Aisha F Chebbi

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Ann Chen

    Trustee

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

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Anthony D Romero

    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
    6
  • Blair W Effron

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • Bob Peck

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Bradford L smith

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Carol Quillen

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • Edward H Felsenthal

    Trustee

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

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Gordon P Ritter

    Trustee

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

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • Jackie Y Ying

    Trustee

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

    Trustee

    Total calculated
    $0
    Hours/week
    8
  • Joshua B Bolten

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • Kamil Ali-Jackson

    Trustee

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

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Kathy F Kiely

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Kimberly H Johnson

    Trustee

    Total calculated
    $0
    Hours/week
    6
  • Lori Fouch

    Trustee

    Total calculated
    $0
    Hours/week
    7
  • Louise S Sams

    TRUSTEE

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

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Morgan A smith

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Mutemwa R Masheke

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Nandi O Leslie

    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
  • Philip Murphy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Robert J Hugin

    trustee

    Total calculated
    $0
    Hours/week
    5
  • Sarah E Stein

    Trustee

    Total calculated
    $0
    Hours/week
    8
  • Sarah Marie Bruno

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Timothy M Kingston

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Yan Huo

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Yolandra Gomez

    Trustee

    Total calculated
    $0
    Hours/week
    5
  • Catherine Callow-Wright

    Executive Vice President

    Total calculated
    $1,313,236
    From this org
    $1,236,800
    From related orgs
    $0
    Other
    $76,436
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $849,491
    Bonus
    $0
    Other
    $387,309
    Deferred
    $42,140
    Nontaxable benefits
    $34,296
    Filer's total
    $1,313,236
  • Chad Klaus

    vice president for university services

    Total calculated
    $589,065
    From this org
    $515,934
    From related orgs
    $0
    Other
    $73,131
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $488,205
    Bonus
    $0
    Other
    $27,729
    Deferred
    $42,140
    Nontaxable benefits
    $30,991
    Filer's total
    $589,065
  • Daren Hubbard

    Vice President for Information Technology and CIO

    Total calculated
    $692,164
    From this org
    $625,980
    From related orgs
    $0
    Other
    $66,184
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $541,147
    Bonus
    $0
    Other
    $84,833
    Deferred
    $42,140
    Nontaxable benefits
    $24,044
    Filer's total
    $692,164
  • Gadi Dechter

    vice president for communications and government affairs

    Total calculated
    $687,042
    From this org
    $603,476
    From related orgs
    $0
    Other
    $83,566
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $561,334
    Bonus
    $0
    Other
    $42,142
    Deferred
    $42,140
    Nontaxable benefits
    $41,426
    Filer's total
    $687,042
  • Hilary Parker

    Vice President and Secretary

    Total calculated
    $679,423
    From this org
    $609,993
    From related orgs
    $0
    Other
    $69,430
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $574,125
    Bonus
    $0
    Other
    $35,868
    Deferred
    $42,140
    Nontaxable benefits
    $27,290
    Filer's total
    $679,423
  • James Matteo

    vice president for finance and treasurer

    Total calculated
    $743,921
    From this org
    $655,900
    From related orgs
    $0
    Other
    $88,021
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $607,986
    Bonus
    $0
    Other
    $47,914
    Deferred
    $42,140
    Nontaxable benefits
    $45,881
    Filer's total
    $743,921
  • Jennifer Rexford

    Provost

    Total calculated
    $1,051,999
    From this org
    $963,894
    From related orgs
    $2,500
    Other
    $85,605
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $877,100 + $2,500 related
    Bonus
    $0
    Other
    $86,794
    Deferred
    $42,140
    Nontaxable benefits
    $43,465
    Filer's total
    $1,049,499 + $2,500 related
  • Kevin Heaney

    vice president for advancement

    Total calculated
    $895,787
    From this org
    $803,835
    From related orgs
    $0
    Other
    $91,952
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $734,623
    Bonus
    $0
    Other
    $69,212
    Deferred
    $42,140
    Nontaxable benefits
    $49,812
    Filer's total
    $895,787
  • KyuJung Whang

    VICE PRESIDENT FOR FACILITIES

    Total calculated
    $660,837
    From this org
    $595,535
    From related orgs
    $0
    Other
    $65,302
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $555,555
    Bonus
    $0
    Other
    $39,980
    Deferred
    $42,140
    Nontaxable benefits
    $23,162
    Filer's total
    $660,837
  • Nilufer Shroff

    vice president and chief audit and compliance officer

    Total calculated
    $557,428
    From this org
    $482,669
    From related orgs
    $0
    Other
    $74,759
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $460,553
    Bonus
    $0
    Other
    $22,116
    Deferred
    $42,140
    Nontaxable benefits
    $32,619
    Filer's total
    $557,428
  • Ramona Romero

    vice president and general counsel

    Total calculated
    $1,064,022
    From this org
    $949,087
    From related orgs
    $0
    Other
    $114,935
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $857,121
    Bonus
    $0
    Other
    $91,966
    Deferred
    $42,140
    Nontaxable benefits
    $72,795
    Filer's total
    $1,064,022
  • Romy Riddick

    Vice President for Human Resources

    Total calculated
    $591,308
    From this org
    $513,306
    From related orgs
    $0
    Other
    $78,002
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $489,881
    Bonus
    $0
    Other
    $23,425
    Deferred
    $42,140
    Nontaxable benefits
    $35,862
    Filer's total
    $591,308
  • Vincent Tuohey

    President of PRINCO

    Total calculated
    $4,722,776
    From this org
    $3,762,747
    From related orgs
    $0
    Other
    $960,029
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $860,440
    Bonus
    $876,250
    Other
    $2,026,057
    Deferred
    $918,390
    Nontaxable benefits
    $41,639
    Filer's total
    $4,722,776
  • W Rochelle Calhoun

    vice president for campus life

    Total calculated
    $684,666
    From this org
    $577,716
    From related orgs
    $0
    Other
    $106,950
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $518,100
    Bonus
    $0
    Other
    $59,616
    Deferred
    $42,140
    Nontaxable benefits
    $64,810
    Filer's total
    $684,666
  • Gene Andrew Jarrett

    Dean of the Faculty

    Total calculated
    $880,891
    From this org
    $799,838
    From related orgs
    $600
    Other
    $80,453
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $680,668 + $600 related
    Bonus
    $0
    Other
    $119,170
    Deferred
    $42,140
    Nontaxable benefits
    $38,313
    Filer's total
    $880,291 + $600 related
  • Jill Dolan

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

    Total calculated
    $595,031
    From this org
    $529,463
    From related orgs
    $0
    Other
    $65,568
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $499,524
    Bonus
    $0
    Other
    $29,939
    Deferred
    $42,140
    Nontaxable benefits
    $23,428
    Filer's total
    $595,031
  • Michael Gordin

    Dean of the College (As of 7/1/24)

    Total calculated
    $586,077
    From this org
    $520,760
    From related orgs
    $0
    Other
    $65,317
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $492,869
    Bonus
    $0
    Other
    $27,891
    Deferred
    $42,140
    Nontaxable benefits
    $23,177
    Filer's total
    $586,077
  • Peter Schiffer

    Dean for Research

    Total calculated
    $715,534
    From this org
    $642,284
    From related orgs
    $0
    Other
    $73,250
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $565,616
    Bonus
    $0
    Other
    $76,668
    Deferred
    $42,140
    Nontaxable benefits
    $31,110
    Filer's total
    $715,534
  • Rodney Priestley

    dean of the Graduate School

    Total calculated
    $655,545
    From this org
    $546,148
    From related orgs
    $0
    Other
    $109,397
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $439,088
    Bonus
    $0
    Other
    $107,060
    Deferred
    $42,140
    Nontaxable benefits
    $67,257
    Filer's total
    $655,545
  • Jennifer Birmingham

    managing director of PRINCO

    Total calculated
    $2,575,719
    From this org
    $2,002,806
    From related orgs
    $0
    Other
    $572,913
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $864,987
    Bonus
    $1,048,199
    Other
    $89,620
    Deferred
    $500,184
    Nontaxable benefits
    $72,729
    Filer's total
    $2,575,719
  • Jonathan Erickson

    managing director of PRINCO

    Total calculated
    $2,953,681
    From this org
    $2,785,511
    From related orgs
    $0
    Other
    $168,170
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,019,536
    Bonus
    $1,756,645
    Other
    $9,330
    Deferred
    $42,140
    Nontaxable benefits
    $126,030
    Filer's total
    $2,953,681
  • Susan Butler Ciniglio

    managing director of PRINCO

    Total calculated
    $2,291,759
    From this org
    $1,686,082
    From related orgs
    $0
    Other
    $605,677
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $765,603
    Bonus
    $847,832
    Other
    $72,647
    Deferred
    $570,681
    Nontaxable benefits
    $34,996
    Filer's total
    $2,291,759
  • Tae Kyoon Kim

    managing director of PRINCO

    Total calculated
    $2,654,521
    From this org
    $2,049,037
    From related orgs
    $0
    Other
    $605,484
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $765,796
    Bonus
    $1,210,062
    Other
    $73,179
    Deferred
    $570,681
    Nontaxable benefits
    $34,803
    Filer's total
    $2,654,521
  • Ting Zhou

    managing director of PRINCO

    Total calculated
    $1,844,951
    From this org
    $1,356,404
    From related orgs
    $0
    Other
    $488,547
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $600,750
    Bonus
    $711,813
    Other
    $43,841
    Deferred
    $460,453
    Nontaxable benefits
    $28,094
    Filer's total
    $1,844,951
  • Andrew Golden

    Former president of PRINCO

    Total calculated
    $1,598,789
    From this org
    $1,532,931
    From related orgs
    $0
    Other
    $65,858
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $767,278
    Bonus
    $762,224
    Other
    $3,429
    Deferred
    $42,140
    Nontaxable benefits
    $23,718
    Filer's total
    $1,598,789
  • Charlotte Treby Williams

    former executive vice president

    Total calculated
    $670,681
    From this org
    $604,576
    From related orgs
    $0
    Other
    $66,105
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $533,386
    Bonus
    $0
    Other
    $71,190
    Deferred
    $42,140
    Nontaxable benefits
    $23,965
    Filer's total
    $670,681
  • Pablo Debenedetti

    Former Dean for Research

    Total calculated
    $962,723
    From this org
    $901,065
    From related orgs
    $0
    Other
    $61,658
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $389,468
    Bonus
    $0
    Other
    $511,597
    Deferred
    $40,894
    Nontaxable benefits
    $20,764
    Filer's total
    $962,723
  • Sanjeev Kulkarni

    Professor, Former Dean of the Faculty

    Total calculated
    $740,446
    From this org
    $665,683
    From related orgs
    $1,000
    Other
    $73,763
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $498,532 + $1,000 related
    Bonus
    $0
    Other
    $167,151
    Deferred
    $42,140
    Nontaxable benefits
    $31,623
    Filer's total
    $739,446 + $1,000 related
  • Sarah-Jane Leslie

    Professor, Former Dean of the Graduate School

    Total calculated
    $739,088
    From this org
    $670,126
    From related orgs
    $0
    Other
    $68,962
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $505,489
    Bonus
    $0
    Other
    $164,637
    Deferred
    $42,140
    Nontaxable benefits
    $26,822
    Filer's total
    $739,088

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, and on a Form 990-PF Part VIII's — 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, DEAN OF THE GRADUATE SCHOOL, AND VP FOR CAMPUS LIFE 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • PRINCETON CHARITABLE FOUNDATION LIMITED

    CHARITY · UK · income $18,204,028 · assets $3,766,144

    Directly controlled by PRINCETON UNIVERSITY

  • PRINCETON INTERNATIONAL LLC

    PROGRAMS · DE · income $257,791 · assets $135,092

    Directly controlled by PRINCETON UNIVERSITY

  • MTP HOLDINGS LLC

    HOLDING · NJ · income $0 · assets $0

    Directly controlled by PRINCETON UNIVERSITY

  • PRINCETON IN ATHENS LLC

    PROGRAMS · DE · income $200,000 · assets $841

    Directly controlled by PRINCETON UNIVERSITY

  • WITHERSPOON NLV LLC

    HOLDING · DE · income $0 · assets $0

    Directly controlled by PRINCETON UNIVERSITY

  • PRINCETON INNOVATION CENTER LLC

    PROGRAMS · DE · income $1,515,417 · assets $2,480,020

    Directly controlled by PRINCETON UNIVERSITY

  • PROSPECT HOUSE ASSOC OF PRINCETON U

    SOCIAL CLUB · NJ · income $3,808,904 · assets $219,255

    Directly controlled by PRINCETON UNIVERSITY

  • Princeton Hong Kong Charitable Foundation Limited

    CHARITY · income $1,201,825 · assets $648,309

    Directly controlled by Princeton University

  • 158 LLC

    Holding · DE · income -$56,347,038 · assets $244,243,106

    Directly controlled by PRINCETON UNIVERSITY

  • FRANKLIN GOTHIC LLC

    HOLDING · DE · income $22,009,257 · assets $228,923,637

    Directly controlled by PRINCETON UNIVERSTIY

  • Dynamo Brasil I LLC

    INVESTMENT · DE · income $25,187,216 · assets $270,854,228

    Directly controlled by PRINCETON UNIVERSITY

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • ALEXANDER STREET PARTNERS LTD

    Excluded · INVESTMENT · FL · share of income $7,678,991 · share of assets $259,751,003

    Directly controlled by NA

  • Altravue Fund I-P LP

    Excluded · INVESTMENT · WA · share of income -$3,232,065 · share of assets $240,590,659

    Directly controlled by NA

  • BPI LTD

    Excluded · INVESTMENT · CJ · share of income $71,586,635 · share of assets $379,364,501

    Directly controlled by NA

  • Balboa Retail Fund III LP

    Excluded · INVESTMENT · DE · share of income -$1,115,233 · share of assets $4,344,326

    Directly controlled by NA

  • Bronte Capital Pasiphae Fund Ltd

    Excluded · INVESTMENT · CJ · share of income -$8,582,000 · share of assets $191,418,000

    Directly controlled by NA

  • Fall Line Farms Fund III LP

    Excluded · Investment · DE · share of income $0 · share of assets $23,889,585

    Directly controlled by NA

  • Farallon Capital Institutional Partners III LP

    Excluded · INVESTMENT · DE · share of income $53,156,293 · share of assets $707,151,208

    Directly controlled by NA

  • GC Venture(s) LLC

    Excluded · INVESTMENT · MA · share of income $0 · share of assets $28,300,136

    Directly controlled by NA

  • GMO Amplified Equity Dislocation Solution Fund LP

    Excluded · INVESTMENT · DE · share of income $76,502,915 · share of assets $573,150,300

    Directly controlled by NA

  • HHLR CF Feeder II LP

    Excluded · INVESTMENT · CJ · share of income -$6,183,279 · share of assets $0

    Directly controlled by NA

  • Kindred Follow-On I LP

    Excluded · INVESTMENT · DE · share of income -$426,762 · share of assets $9,111,609

    Directly controlled by NA

  • Kindred Selector I LP

    Excluded · INVESTMENT · DE · share of income $430,865 · share of assets $67,902,333

    Directly controlled by NA

  • Kindred Ventures CH 1 LP

    Excluded · INVESTMENT · DE · share of income $380 · share of assets $8,473,705

    Directly controlled by NA

  • Kindred Ventures CH 2 LP

    Excluded · INVESTMENT · DE · share of income $617 · share of assets $21,003,307

    Directly controlled by NA

  • Merlone Geier Partners Affiliated XI-A LP

    Excluded · INVESTMENT · DE · share of income -$300,587 · share of assets $11,431,239

    Directly controlled by na

  • NW UK Regional (No2) LP

    Excluded · INVESTMENT · CO · share of income $15,247

    Directly controlled by NA

  • PB INSTITUTIONAL LP

    Excluded · INVESTMENT · DE · share of income $7,281,858 · share of assets $983,717,165

    Directly controlled by NA

  • PETROTIGER I LTD

    Excluded · INVESTMENT · TX · share of income $6,826,019 · share of assets $9,146,971

    Directly controlled by NA

  • Polar Fund Ltd

    Excluded · INVESTMENT · FL · share of income $2,862,098 · share of assets $49,675,658

    Directly controlled by NA

  • SPB Partners LP

    Excluded · INVESTMENT · DE · share of income $153,355,591 · share of assets $763,833,251

    Directly controlled by NA

  • THE ORANGE PARTNERS FUND LTD

    Excluded · INVESTMENT · CJ · share of income $270,297,083 · share of assets $1,039,554,730

    Directly controlled by NA

  • Tigris Realty Partners LP

    Excluded · INVESTMENT · NY · share of income -$2,662,721 · share of assets $125,589

    Directly controlled by NA

  • VARDE FUND VI-A LP

    Excluded · INVESTMENT · DE · share of income $19,697,769 · share of assets $271,966,345

    Directly controlled by NA

  • Verso Investment Partners I LP

    Excluded · INVESTMENT · DE · share of income -$27,775,250 · share of assets $515,562,617

    Directly controlled by NA

  • WHITECREST PARTNERS LP

    Excluded · INVESTMENT · DE · share of income $15,452,209 · share of assets $871,564,876

    Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER TRUSTS (200)

    Trust · INVESTMENT

    Directly controlled by VARIOUS

  • CHARITABLE LEAD TRUSTS (9)

    Trust · INVESTMENT

    Directly controlled by VARIOUS

  • POOLED FUNDS (96)

    Trust · INVESTMENT

    Directly controlled by VARIOUS

  • CHARITABLE GIFT ANNUITIES (205)

    Trust · INVESTMENT

    Directly controlled by VARIOUS

  • PRINCETON BEIJING CONSULTING CO LTD

    C Corporation · PROGRAMS · CH · share of income $393,864 · share of assets $339,804 · controlled entity

    Directly controlled by PRINCETON INTERNATIONAL LLC

  • Mpala Ranch Limited

    C Corporation · PROGRAMS · KE · share of income $233,047 · share of assets $505,985 · controlled entity

    Directly controlled by Mpala Wildlife Foundation Inc

  • GMO Resources Transition Fund

    C Corporation · INVESTMENT · MA · share of income -$13,384,276 · share of assets $104,505,199

    Directly controlled by VARIOUS

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.1
Source object
202611349349307136

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