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← TRUSTEES OF PRINCETON UNIVERSITY

Form 990 for tax year 2023

Filed by TRUSTEES OF PRINCETON UNIVERSITY.

Totals

Total revenue
$2,571,359
Total expenses
$1,544,772
Contributions and grants received
$1,116,427
Grants paid
$403,505
Program service revenue
$1,211,229
Investment income
$243,703
Other revenue
$0
Total assets, end of year
$8,180,232
Total liabilities, end of year
$124,850
Net assets or fund balances, end of year
$8,055,382
Program services expenses (Part IX)
$1,532,565
Management and general expenses
$12,207
Fundraising expenses
$0
Program service expenses (Part III)
$1,532,565

Program services were 99.2% 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.

  • 1b · Membership dues

    $861,978

  • 1f · All other contributions, gifts and grants

    $254,449

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Club function fees and other revenue

    total $1,266,876 · related or exempt $1,266,876

  • 2f · All other program service revenue

    total -$55,647 · related or exempt -$55,647 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $239,466 · excluded $239,466

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $4,237

  • 7c · Gain or loss

    securities $4,237 · other assets $0

  • 7d · Net gain or loss

    total $4,237 · excluded $4,237

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $403,505 · program services $403,505

  • 11g · Fees: other

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

  • 12 · Advertising and promotion

    total $1,015 · program services $1,015

  • 13 · Office expenses

    total $119,736 · program services $119,736

  • 14 · Information technology

    total $38,327 · program services $38,327

  • 17 · Travel

    total $20,776 · program services $20,776

  • 19 · Conferences, conventions and meetings

    total $25,580 · program services $25,580

  • 24a · Other expenses: Dues

    total $110,160 · program services $110,160

  • 24b · Other expenses: Club functions

    total $710,979 · program services $710,979

  • 24c · Other expenses: Administrative

    total $12,207 · management and general $12,207

  • 24d · Other expenses: Fees

    total $5,154 · program services $5,154

  • 24e · All other expenses

    total $97,333 · program services $97,333 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,249,815 · end of year $2,075,771

  • 2 · Savings and temporary cash investments

    beginning of year $3,203,271 · end of year $3,663,947

  • 4 · Accounts receivable

    beginning of year $112,997 · end of year $152,284

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $1,619,844 · end of year $2,099,843

  • 12 · Investments: other securities

    beginning of year $187,606 · end of year $188,387

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $344,738 · end of year $124,850

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $7,028,795 · end of year $8,055,382

Mission and programs · 2023

Mission

The primary exempt purpose of the Princeton University organizations is to further the interests and welfare of Princeton University. The various organizations encourage support and help to promote the educational objectives, programs, and resources of the University. They keep alumni informed of current educational activities and help maintain close ties between the University and its alumni.

Activities or mission (Part I)

See Part III, Line 1.

  • Education and general - The alumni classes and regional organizations included in this return have approximately 55,936 members. These organizations, along with their regular meetings and reunions, support and further the interest and welfare of Princeton University, a private not-for-profit, non-sectarian institution of higher learning with approximately 5,600 undergraduate and 3,300 graduate students.

    Expenses $1,532,565 · Revenue $1,211,229

As filed on the 2023 return.

Listed in Part VII

  • Andria L Mirabal

    Secretary, Class of 2008

    Total calculated
    $128,820
    From this org
    $0
    From related orgs
    $103,880
    Other
    $24,940
    Hours/week
    0 + 50 related

  • Els N Paine

    Treasurer, Class of 1986

    Total calculated
    $252,694
    From this org
    $0
    From related orgs
    $215,486
    Other
    $37,208
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $214,634 related
    Bonus
    $0
    Other
    $0 + $852 related
    Deferred
    $0 + $23,064 related
    Nontaxable benefits
    $0 + $14,144 related
    Filer's total
    $0 + $252,694 related

  • Evelyn M Doskoch

    Secretary, Class of 2023

    Total calculated
    $63,649
    From this org
    $0
    From related orgs
    $47,596
    Other
    $16,053
    Hours/week
    0 + 50 related

  • James R Hillier

    President, Class of 1959

    Total calculated
    $70,643
    From this org
    $0
    From related orgs
    $58,002
    Other
    $12,641
    Hours/week
    0 + 50 related

  • Mo M Chen

    Vice President, Princeton Area Alumni Assoc.

    Total calculated
    $56,194
    From this org
    $0
    From related orgs
    $40,462
    Other
    $15,732
    Hours/week
    0 + 50 related

  • Patrick M Rounds

    President, Class of 2015

    Total calculated
    $97,063
    From this org
    $0
    From related orgs
    $76,157
    Other
    $20,906
    Hours/week
    0 + 50 related

  • William M Hardt

    President, Class of 1963

    Total calculated
    $136,156
    From this org
    $0
    From related orgs
    $112,786
    Other
    $23,370
    Hours/week
    0 + 50 related

  • Anuradha Vedantham

    Former Treasurer, Asian American Alumni Association

    Total calculated
    $208,722
    From this org
    $0
    From related orgs
    $177,046
    Other
    $31,676
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $176,388 related
    Bonus
    $0
    Other
    $0 + $658 related
    Deferred
    $0 + $17,401 related
    Nontaxable benefits
    $0 + $14,275 related
    Filer's total
    $0 + $208,722 related

  • Bryant R Blount

    Former President, Class of 2008

    Total calculated
    $139,486
    From this org
    $0
    From related orgs
    $115,187
    Other
    $24,299
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $111,120 related
    Bonus
    $0
    Other
    $0 + $4,067 related
    Deferred
    $0 + $10,403 related
    Nontaxable benefits
    $0 + $13,896 related
    Filer's total
    $0 + $139,486 related

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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

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
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202511349349307236

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