2025-05-14T12:17:14+00:00 2024-06-30 920460586 PwC US Tax LLP 2001 Market St Suite 1800 Philadelphia PA 19103 990 2023-07-01 210634501 The Trustees of Princeton University TRUS 6092583080 701 Carnegie Center Suite 445 Princeton NJ 08540 KENNETH MOLINARO CONTROLLER 6092583080 2025-05-14 true Joanne Krueger P01235586 2673303000 2025-05-14 2023 2025-03-06 01:10:19Z Princeton University Christopher Eisgruber One Nassau Hall Princeton NJ 08544 3130811731 false X www.princeton.edu X 1746 NJ PRINCETON UNIVERSITY IS A PRIVATE NOT-FOR-PROFIT, NONSECTARIAN INSTITUTION OF HIGHER LEARNING AND A WORLD-RENOWNED RESEARCH INSTITUTION. 37 34 16660 27000 83567289 0 761141000 787334000 591782000 628647000 1907052000 1616831000 351190000 64011000 3611165000 3096823000 509542799 618934900 0 1244281000 1390790000 0 38428000 876262201 875461100 2630086000 2885186000 981079000 211637000 41548353000 42839034000 5326169000 6719933000 36222184000 36119101000 X RESEARCH, EDUCATION AND GENERAL - PRINCETON UNIVERSITY IS A PRIVATE NOT-FOR-PROFIT, NON-SECTARIAN INSTITUTION OF HIGHER LEARNING WITH APPROXIMATELY 5,600 UNDERGRADUATE AND 3,300 GRADUATE STUDENTS. 2,400 STUDENTS GRADUATED IN THE 2023-2024 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. false false 1064143000 104743000 3809000 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; EACH YEAR THE MEMBERS OF THE FACULTY PUBLISH MORE THAN 3,000 SCHOLARLY DOCUMENTS. IN ADDITION, GRADUATE STUDENTS AND UPPERCLASS UNDERGRADUATES PURSUE INDEPENDENT RESEARCH. EXTERNAL SOURCES FUNDED 1,740 SEPARATE PROJECTS IN 2023-24 AS WELL AS THE PRINCETON PLASMA PHYSICS LAB.; THERE WERE 994 SPONSORED PROJECTS IN THE NATURAL SCIENCES, 556 IN ENGINEERING AND APPLIED SCIENCE, 172 IN THE HUMANITIES AND SOCIAL SCIENCES, AND 18 IN NON-ACADEMIC AREAS. 922118000 376011000 526324000 EDUCATION - PRINCETON UNIVERSITY IS A PRIVATE NOT-FOR-PROFIT, NON-SECTARIAN INSTITUTION OF HIGHER LEARNING WITH APPROXIMATELY 5,600 UNDERGRADUATE AND 3,300 GRADUATE STUDENTS. 2,400 STUDENTS GRADUATED IN THE 2023-2024 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. 165499000 38314000 115721000 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, 6,800 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. 433092000 59227000 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. 433092000 59227000 2584852000 true true false true true false true false true true true false false true true false true true true true true true false true false false true true true true false false false false false true true false true false true true false false true true true true false false true X 9807 0 true 16660 true true true true HK IN EI JA AS PL RS SZ UK BR CA CI CH CY GM GR false false false true true true 1 false false false true true X 37 34 false false true false false true false true true false true true true true true true true true true true true true CA IN NH WA WV X Kenneth Molinaro Princeton University 6092583080 701 Carnegie Center Suite 445 Princeton NJ 08540 Christopher Eisgruber PRESIDENT 50.0 0.0 X X 1400103 0 123243 Anthony HP Lee Trustee 5.0 0 X 0 0 0 Beth F Cobert Trustee 6.0 0 X 0 0 0 Blair W Effron Trustee 6.0 0 X 0 0 0 Bradford L smith Trustee 6.0 0 X 0 0 0 Carla B Vernon Trustee 5.0 0 X 0 0 0 Carol Quillen Trustee 5.0 0 X 0 0 0 Elizabeth Prus Myers Trustee 5.0 0 X 0 0 0 Gordon P Ritter Trustee 5.0 0 X 0 0 0 Heather K Gerken Trustee 6.0 0.0 X 0 0 0 Henri R Ford TRUSTEE 5.0 0 X 0 0 0 Jackie Y Ying Trustee 5.0 0 X 0 0 0 Jackson A Artis Trustee 5.0 0 X 0 0 0 Janeria A Easley TRUSTEE 5.0 0 X 0 0 0 Jos B Alvarez Trustee 5.0 0 X 0 0 0 Joshua B Bolten Trustee 5.0 0 X 0 0 0 Kamil Ali-Jackson Trustee 5.0 0 X 1000 0 0 Kathryn Roth-Douquet Trustee 5.0 0 X 0 0 0 Kathy F Kiely TRUSTEE 5.0 0 X 0 0 0 Kimberly H Johnson Trustee 6.0 0 X 0 0 0 Lori Fouch Trustee 7.0 0 X 0 0 0 Louise S Sams TRUSTEE 10.0 0 X 0 0 0 Marisa J Demeo Trustee 5.0 0 X 0 0 0 Melissa H Wu Trustee 6.0 0 X 0 0 0 Morgan A smith Trustee 5.0 0 X 0 0 0 Mutemwa R Masheke Trustee 5.0 0 X 0 0 0 Nandi O Leslie Trustee 5.0 0 X 0 0 0 Naomi I Hess Trustee 5.0 0 X 0 0 0 Paul A Maeder Trustee 5.0 0 X 0 0 0 Pete Briger Trustee 5.0 0 X 0 0 0 Philip Murphy TRUSTEE 5.0 0 X 0 0 0 Philip U Hammarskjold TRUSTEE 8.0 0 X 0 0 0 Robert J Hugin trustee 5.0 0 X 0 0 0 Sarah E Stein Trustee 8.0 0 X 0 0 0 Timothy M Kingston Trustee 5.0 0 X 0 0 0 Yan Huo Trustee 5.0 0 X 0 0 0 Yolandra Gomez Trustee 5.0 0 X 0 0 0 Andrew Golden president of the Princeton University Investment Company (Through 6/30/24) 50.0 0.0 X 14589970 0 72090 Catherine Callow-Wright Executive Vice President (As of 7/24/23) 50.0 0 X 574133 0 55926 Chad Klaus vice president for university services 50.0 0 X 486296 0 64498 Daren Hubbard Vice President for Information Technology and CIO (As of 1/3/24) 50.0 0 X 0 0 0 Gadi Dechter vice president for communications and government affairs 50.0 0 X 587791 0 67786 Hilary Parker Vice President and Secretary 50.0 0 X 499591 0 61449 James Dominick VP for info. tech. and CIO (Through 12/31/23) 50.0 0 X 595572 0 68768 James Matteo vice president for finance and treasurer 50.0 0.0 X 654148 0 67706 Jennifer Rexford Provost 50.0 0 X 871868 5000 75090 Kevin Heaney vice president for advancement 50.0 0 X 743319 0 103859 KyuJung Whang VICE PRESIDENT FOR FACILITIES 50.0 0 X 557940 0 59005 Nilufer Shroff vice president and chief audit and compliance officer 50.0 0 X 465628 0 56726 Ramona Romero vice president and general counsel 50.0 0 X 874789 0 92825 Romy Riddick Vice President for Human Resources 50.0 0 X 471216 0 59980 Vincent Tuohey President of PRINCO (As of 3/1/24) 50.0 0 X 0 0 0 W Rochelle Calhoun vice president for campus life 50.0 0 X 548179 0 93625 Gene Andrew Jarrett Dean of the Faculty 50.0 1.0 X 753417 0 72074 Jill Dolan Dean of the College (Through 6/30/24) 50.0 0 X 514162 0 58926 Pablo Debenedetti Dean for Research (Through 8/27/23) 50.0 0 X 532197 0 65823 Peter Schiffer Dean for Research (As of 8/28/23) 50.0 0 X 186884 0 27662 Rodney Priestley dean of the Graduate School 50.0 0 X 489803 0 98199 Edward Karns managing director of PRINCO 50.0 0 X 2405033 0 77435 Jennifer Birmingham managing director of PRINCO 50.0 0 X 1862580 0 512858 Jonathan Erickson managing director of PRINCO 50.0 0.0 X 2924859 0 460284 Susan Butler Ciniglio managing director of PRINCO 50.0 0 X 1524080 0 576050 Tae Kyoon Kim managing director of PRINCO 50.0 0 X 2017118 0 587355 Charlotte Treby Williams former executive vice president 50.0 0 X 827820 0 61485 Deborah Prentice Former Provost 50.0 0.0 X 230370 0 33245 Lianne Sullivan-Crowley Former vice president for human resources, Emeritus 50.0 0 X 226912 0 47397 Sanjeev Kulkarni Professor, Former Dean of the Faculty 50.0 0 X 659952 1000 66411 Sarah-Jane Leslie Professor, Former Dean of the Graduate School 50.0 0 X 628654 0 62004 39705384 6000 3929784 3085 true true false Frederick Fisher and Partners 12248 Santa Monica 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COLUMN D - 32972013.0, COLUMN E - 54728606.0, COLUMN F - XXX-XX-XXXX.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 422205 422205 422205 422205 2885186000 2927692788 2885608205 2928114993 1000000 1000000 250000 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 400237 396838 487895 422205 1707175 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 1 161932 false false 1097281 352582869 X X X X X DIGITAL COLLECTIONS false 33380863000 486964000 1222278000 298023000 1339146000 51071000 33401865000 35126217000 556921000 -689719000 285910000 1289030000 37616000 33380863000 37026442000 117556000 -489044000 287352000 1203493000 37892000 35126217000 25944283000 651218000 11883451000 232613000 1192252000 27645000 37026442000 25499645000 432263000 1428455000 253351000 1136033000 26696000 25944283000 0.44 0.08 0.48 true true true 16000000 129989000 145989000 7708570000 2129409000 5579161000 508542000 300467000 208075000 838298000 232057000 606241000 6539466000 INVESTMENTS LTD. PARTNERSHIPS 33447716000 BOND PROCEEDS AWAITING DRAWDOWN 850434000 PLANNED GIVING INVESTMENTS 158500000 OTHER SECURITIES 117024000 34573674000 DEPOSITS HELD IN CUSTODY FOR OTHERS 147973000 LIABILITY UNDER PLANNED GIVING AGREEMENTS 85138000 POST RETIREMENT BENEFITS 552521000 OTHER LIABILITIES 11300000 796932000 X Schedule D, Part III, Line 1a Org. Maint. Coll. of Art, Hist. Treasures, or Other Sim. Assets Works of art, literary works, historical treasures, and artifacts that are part of a collection are protected, preserved, and held for public exhibition, education, and research in furtherance of public service. Collections are not capitalized, and contributed collection items are not recognized as revenues in the University's consolidated financial statements. Schedule D, Part III, Line 4 Collections of art - description of collections THE PRIMARY MISSION OF PRINCETON UNIVERSITY ART MUSEUM ("PUAM") IS TO EFFECTIVELY SUPPORT AND ENHANCE THE UNIVERSITY'S GOALS OF TEACHING, RESEARCH, AND SERVICE. THE MUSEUM DOES THIS THROUGH THE STUDY, PRESERVATION, CONSERVATION, EXHIBITION, AND DEVELOPMENT OF ITS COLLECTIONS. THROUGH DIRECT AND SUSTAINED ACCESS TO ORIGINAL WORKS OF ART, AND BY COLLABORATING WITH FACULTY, STUDENTS, AND STAFF FROM THE DEPARTMENT OF ART AND ARCHAEOLOGY AND MANY OTHER DISCIPLINES, THE MUSEUM CONTRIBUTES TO THE DEVELOPMENT OF CRITICAL THINKING AND VISUAL LITERACY AT PRINCETON. AS ONE OF THE FINEST CULTURAL RESOURCES IN THE STATE OF NEW JERSEY, THE MUSEUM ALSO HAS A CLEAR COMMITMENT TO SERVE THE LOCAL COMMUNITY, THE REGION, AND BEYOND. THE MUSEUM MAKES ITS COLLECTIONS AND EXHIBITIONS ACCESSIBLE TO A WIDE PUBLIC. ALL AUDIENCES ARE ENCOURAGED TO PARTICIPATE IN PUAM'S PRINCIPAL ACTIVITIES THROUGH SPECIFIC PROGRAMS AND OUTREACH INITIATIVES. SCHOLARLY EXHIBITIONS, PUBLICATIONS, SYMPOSIA, AND AN ACTIVE LOAN PROGRAM EXTEND THE MUSEUM'S REACH TO A NATIONAL AND INTERNATIONAL AUDIENCE, ASSURING ITS CONTINUING VITALITY AND ACTIVE PARTICIPATION IN THE UNIVERSITY'S PRIMARY COMMITMENT TO ADVANCE AND IMPART KNOWLEDGE. PRINCETON UNIVERSITY LIBRARY'S SPECIAL COLLECTIONS DEPARTMENT, LOCATED IN THE HARVEY S. FIRESTONE LIBRARY AND THE SEELEY G. MUDD MANUSCRIPT LIBRARY, IS ONE OF THE PREMIER REPOSITORIES OF ITS KIND. ITS HOLDINGS SPAN FIVE MILLENNIA AND FIVE CONTINENTS, AND INCLUDE AROUND 300,000 RARE OR SIGNIFICANT PRINTED WORKS; 45,000 LINEAR FEET OF TEXTUAL MATERIALS, RANGING FROM CUNEIFORM TABLETS TO CONTEMPORARY MANUSCRIPTS; A COLLECTION OF PRINTS, DRAWINGS, PHOTOGRAPHS, MAPS,110,000 COINS, AND OTHER VISUAL MATERIALS; THE COTSEN CHILDREN'S LIBRARY; AND THE PRINCETON UNIVERSITY ARCHIVES. SPECIAL COLLECTIONS UNDERTAKES A GREAT DEAL OF DIGITIZATION OF THESE MATERIALS AS A MEANS OF DISSEMINATING HOLDINGS TO THE WORLD. THESE COLLECTIONS SUPPORT SCHOLARSHIP, RESEARCH, FACULTY AND STUDENTS, AND HELP FURTHER THE OVERALL MISSION OF THE UNIVERSITY. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE DESIGNATED BY DONORS OR THE UNIVERSITY TO SUPPORT SCHOOLS OR DEPARTMENTS OF THE UNIVERSITY, OFTEN FOR SPECIFIC PURPOSES SUCH AS PROFESSORSHIPS, RESEARCH, FACULTY SUPPORT, SCHOLARSHIPS AND FELLOWSHIPS, ATHLETICS, LIBRARY AND ART MUSEUM, BUILDING CONSTRUCTION, AND OTHER SPECIFIC PURPOSES. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The University is a not-for-profit organization as described in Section 501(c)(3) of the Internal Revenue Code and is exempt from income taxes on related income. The University files U.S. federal and various state and local tax returns. The statute of limitations on the University's U.S. federal tax returns remains open for the years ended June 30, 2021 through the present. On December 22, 2017, the Tax Cuts and Jobs Act (TCJA) was enacted. TCJA impacts the University in several ways, including imposing excise taxes on certain excess compensation and net investment income, establishing new rules for calculating unrelated business taxable income. The University has reflected the tax assets, liabilities, and payables in the consolidated financial statements based on reasonable estimates under the regulatory guidance on the TCJA. ASC 740, Income Taxes, prescribes the minimum recognition threshold that a tax position must meet in connection with accounting for uncertainties in income tax positions taken, or expected to be taken, by an entity before being measured and recognized in the consolidated financial statements. The University continues to evaluate its tax positions pursuant to the principles of ASC 740, and has determined that there is no material impact on the University's consolidated financial statements. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY INFORMATION ON PRINCETON'S EQUAL OPPORTUNITY POLICY AND NONDISCRIMINATION STATEMENT, AND A LINK TO FURTHER INFORMATION, CAN BE FOUND ON THE UNIVERSITY'S HOMEPAGE. ALL INCOMING FRESHMEN RECEIVE A COPY OF "RIGHTS, RULES, RESPONSIBILITES" IN THE MAIL DURING THE SUMMER BEFORE THEY MATRICULATE. ALL OTHER STUDENTS RECEIVE THIS PUBLICATION AT FALL REGISTRATION. THIS PUBLICATION, WHICH CONTAINS THE UNIVERSITY'S POLICY REGARDING EQUAL OPPORTUNITY AND NONDISCRIMINATION STATEMENT, IS ALSO AVALAIBLE ON THE UNIVERSITY'S WEBSITE. PRINCETON UNIVERSITY DOES NOT HAVE A STUDENT SOLICITATION PROGRAM. INDIVIDUALS WHO REQUEST INFORMATION ABOUT UNDERGRADUATE ADMISSION RECEIVE A COPY OF THE ADMISSION "VIEWBOOK CAN DOWNLOAD THE MATERIALS ONLINE. GRADUATE ADMISSION INFORMATION CAN BE VIEWED ON THE GRADUATE SCHOOL WEBSITE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE UNIVERSITY RECEIVES SIGNIFICANT RESEARCH GRANT FUNDS FROM THE FEDERAL GOVERNMENT. THIS AMOUNT IS INCLUDED IN FORM 990, PART 1, LINE 8. true Central America and the Caribbean 0 121 Program Services RES,EDU,TRAVEL,CONSULT 299374 East Asia and the Pacific 3 1144 Program Services RES,EDU,TRAVEL,CONSULT 7625992 Europe (Including Iceland and Greenland) 7 5408 Program Services RES,EDU,TRAVEL,CONSULT 20336598 Middle East and North Africa 0 150 Program Services RES,EDU,TRAVEL,CONSULT 1606934 North America (Canada & Mexico only) 0 587 Program Services RES,EDU,TRAVEL,CONSULT 1820494 Russia and Neighboring States 0 31 Program Services RES,EDU,TRAVEL,CONSULT 110092 South America 0 366 Program Services RES,EDU,TRAVEL,CONSULT 1709224 South Asia 0 128 Program Services RES,EDU,TRAVEL,CONSULT 1121881 Sub-Saharan Africa 1 290 Program Services RES,EDU,TRAVEL,CONSULT 6009551 Central America and the Caribbean 0 0 Investments 8632214960 North America (Canada & Mexico only) 0 0 Investments 320675329 East Asia and the Pacific 0 0 Investments 26976708 Europe (Including Iceland and Greenland) 0 0 Investments 663069175 Sub-Saharan Africa 0 0 Investments 2045111662 11 8225 0 0 11 8225 11728687974 0 11728687974 Central America and the Caribbean RES/EDU/TRAV 65177 CHECK N/A N/A East Asia and the Pacific RES/EDU/TRAV 4187355 CHECK N/A N/A Europe (Including Iceland and Greenland) RES/EDU/TRAV 10268370 CHECK N/A N/A Middle East and North Africa RES/EDU/TRAV 859409 CHECK N/A N/A North America (Canada & Mexico only) RES/EDU/TRAV 954188 CHECK N/A N/A Russia and Neighboring States RES/EDU/TRAV 20285 CHECK N/A N/A South America RES/EDU/TRAV 549821 CHECK N/A N/A South Asia RES/EDU/TRAV 457344 CHECK N/A N/A Sub-Saharan Africa RES/EDU/TRAV 4829982 CHECK N/A N/A 110 314 SCHOLARSHIP/FELLOWSHIP Central America and the Caribbean 47 234197 CREDIT SCHOLARSHIP/FELLOWSHIP East Asia and the Pacific 379 3438637 CREDIT SCHOLARSHIP/FELLOWSHIP Europe (Including Iceland and Greenland) 972 10068228 CREDIT SCHOLARSHIP/FELLOWSHIP Middle East and North Africa 85 747525 CREDIT SCHOLARSHIP/FELLOWSHIP North America (Canada & Mexico only) 134 866306 CREDIT SCHOLARSHIP/FELLOWSHIP Russia and Neighboring States 13 89807 CREDIT SCHOLARSHIP/FELLOWSHIP South America 187 1159403 CREDIT SCHOLARSHIP/FELLOWSHIP South Asia 105 664537 CREDIT SCHOLARSHIP/FELLOWSHIP Sub-Saharan Africa 190 1179569 CREDIT true false true true true true Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds THE UNIVERSITY PROVIDES THE NECESSARY INSTITUTIONAL REVIEW AND APPROVAL WHICH IS REQUIRED PRIOR TO THE AWARDING OF GRANT FUNDS OUTSIDE THE U.S. GRANT AWARDS ARE NOT AUTHORIZED FOR PROJECTS THAT HAVE NOT BEEN PROPERLY APPROVED BY THE UNIVERSITY. THE OFFICE OF RESEARCH AND PROJECT ADMINISTRATION (ORPA) PROVIDES GUIDANCE ON EXPORT CONTROLS, FOREIGN TRAVEL VOUCHER POLICIES, APPROVAL VERIFICATIONS, FOREIGN TRAVEL CHECKLISTS, AND FEDERAL AVIATION ADMINISTRATION WAIVER CHECKLISTS. ORPA COMPLETES THE RESTRICTED PARTY SCREENING PROCESS FOR PAYMENTS TO FOREIGN ORGANIZATIONS AND INDIVIDUALS. THE UNIVERSITY ALSO MAINTAINS A TRAVEL REGISTRATION DATABASE WHICH INFORMS USERS OF POTENTIALLY RELEVANT EXPORT CONTROL LAWS AND SIMILAR CONCERNS WHEN THEY REGISTER FOR TRAVEL TO PARTICULAR DESTINATIONS. IN ORDER TO MONITOR AND ENSURE APPROPRIATE USE OF NON-U.S. GRANT FUNDS, THE UNIVERSITY ANALYZES ALL PROJECT RESULTS AND PREPARES FINANCIAL REPORTS THAT ARE REVIEWED AT BOTH THE PROGRAM AND CENTRAL OFFICE LEVELS. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual,; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual,; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual,; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual, Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part III Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN -Accrual EAST ASIA AND THE PACIFIC -Accrual EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual MIDDLE EAST AND NORTH AFRICA -Accrual NORTH AMERICA (CANADA & MEXICO ONLY) -Accrual RUSSIA AND NEIGHBORING STATES -Accrual SOUTH AMERICA -Accrual SOUTH ASIA -Accrual SUB-SAHARAN AFRICA -Accrual PUAM Gala 365385 324325 41060 4694 113030 7000 43545 PUAM Fall Ball 136225 105160 31065 4979 68830 21600 47053 0 501610 429485 72125 9673 181860 28600 90598 310731 -238606 true S&G Foundation Incorporation po box 15201 albany NY 12212 364193183 501(C)(3) 37844141 CONTRIBUTION MUNICIPALITY OF PRINCETON 401 WITHERSPOON ST PRINCETON NJ 08540 300746654 GOVERNMENT 9500000 CONTRIBUTION PRINCETON PUBLIC SCHOOLS 25 VALLEY ROAD PRINCETON NJ 08540 221817947 GOVERNMENT 2795000 CONTRIBUTION COMMUNITY FOUNDATION OF NEW JERSEY 35 KNOX HILL ROAD MORRISTOWN NJ 07963 222281783 501(C)(3) 1444800 CONTRIBUTION County of Mercer 640 S Broad St Trenton NJ 08611 216000856 Government 1361700 CONTRIBUTION PRINCETON FIRE DEPARTMENT 400 WITHERSPOON ST PRINCETON NJ 08540 300746654 GOVERNMENT 1220000 CONTRIBUTION MARY J GOREE LAS ANIMAS CTY SCHLRSHP 1873 S Bellaire St Ste 1540 DENVER CO 80222 275026539 501(C)(3) 758175 CONTRIBUTION LEADERSHIP ENT FOR A DIVERSE AMERICA 121 W 36th Street 207 NEW YORK NY 10018 331071771 501(C)(3) 610000 CONTRIBUTION ENVIRONMENTAL DEFENSE FUND 257 PARK AVENUE SOUTH NEW YORK NY 10010 116107128 501(C)(3) 503662 CONTRIBUTION TRIANGLE CLUB OF PRINCETON UNIVERSITY 91 UNIVERSITY PLACE PRINCETON NJ 08540 210846217 501(c)(3) 442039 CONTRIBUTION MCCARTER THEATRE COMPANY 91 UNIVERSITY PLACE PRINCETON NJ 08540 210724198 501(C)(3) 407267 CONTRIBUTION PRINCETON FIRST AID & RESCUE SQUAD INC 2 MOUNT LUCAS ROAD PRINCETON NJ 08540 237140015 501(C)(3) 258000 CONTRIBUTION THE YWCA PRINCETON INC 59 PAUL ROBESON PLACE PRINCETON NJ 08540 210635056 501(C)(3) 200000 CONTRIBUTION WEST WINDSOR TOWNSHIP 271 CLARKSVILLE RD WEST WINDSOR NJ 08550 216001354 GOVERNMENT 198876 CONTRIBUTION AMERICAN UNIVERSITY OF BEIRUT 3 DAG HAMMARSKJOLD PLZ NEW YORK NY 10017 135596846 501(C)(3) 175000 CONTRIBUTION THE WILDERNESS SOCIETY 1801 Pennsylvania Ave NW Suite 200 WASHINGTON DC 20006 530167933 501(C)(3) 154495 CONTRIBUTION ROSEFITZGERALDKENNEDYGREENWAY CONSERVANCYINC 185KNEELANDSTREET BOSTON MA 02111 201678932 501(C)(3) 154495 CONTRIBUTION CLIMATE CENTRAL INC 1 PALMER SQ STE 330 PRINCETON NJ 08542 261797336 501(C)(3) 147011 CONTRIBUTION 101 INC 151MOORESTREET PRINCETON NJ 08540 237057664 501(C)(3) 100000 CONTRIBUTION Housing Initiatives of Princeton 33MERCERSTREET PRINCETON NJ 08540 276983137 501(C)(3) 100000 CONTRIBUTION BROADMEAD SWIM CLUB INC 9047 FRIST CAMPUS CENTER PRINCETON NJ 08544 221811024 501(C)(7) 90860 CONTRIBUTION GREATER TRENTON INC 102 BARRACKS ST TRENTON NJ 08608 261307260 501(C)(3) 50000 CONTRIBUTION FREEDOM READS 2666 STATE STREET STE 5A HAMDEN CT 06517 873023665 501(C)(3) 36000 CONTRIBUTION UNITEDSTATESFUNDFORUNICEF 125 maiden lane - 10th floor new york NY 10038 131760110 501(C)(3) 30428 CONTRIBUTION THEFRIENDSandFOUNDATIONOFTHE PRINCETON PUBLICLIBRARYINC 65WitherspoonStreet PRINCETON NJ 08542 223494366 501(C)(3) 30000 CONTRIBUTION THE ARTS COUNCIL OF PRINCETON 102 WITHERSPOON ST PRINCETON NJ 08542 226108090 501(C)(3) 28000 CONTRIBUTION INSTITUTE FOR ADVANCED STUDY -LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION 1 EINSTEIN DRIVE PRINCETON NJ 08540 210634988 501(c)(3) 25592 CONTRIBUTION PRINCETON HEALTHCARE SYSTEM FOUNDATION INC ONE PLAINSBORO ROAD PLAINSBORO NJ 08536 222225911 501(C)(3) 20000 CONTRIBUTION American National Red Cross 43118THSTREETNW washington DC 20006 530196605 501(C)(3) 20000 CONTRIBUTION THE WATERSHED INSTITUTE 31 TITUS MILL RD PENNINGTON NJ 08534 210649717 501(C)(3) 15000 CONTRIBUTION UNITED WAY OF GREATER MERCER COUNTY 3444 Quaker Bridge Rd Bldg 3 Hamilton NJ 08619 210683073 501(C)(3) 11940 CONTRIBUTION ReformedChurchOfHighlandPark AffordableHousingCorp 1921SouthSecondAvenue HighlandPark NJ 08904 205012410 501(C)(3) 10000 CONTRIBUTION LEADERSHIP ENT FOR A DIVERSE AMERICA 121 West 36th Street 207 NEW YORK NY 10018 331071771 501(C)(3) 484443 FMV CONFERENCE SERVICES CONTRIBUTION 31 1 UNDERGRADUATE SCHOLARSHIPS - TUITION 5498 206958573 UNDERGRADUATE SCHOLARSHIPS NON-TUIT. 3709 50761174 GRADUATE - FELLOWSHIPS FOR TUITION 3006 169052390 GRADUATE - FELLOWSHIPS FOR NON-TUITION 1813 92295702 Schedule I, Part II SUB-AWARDS IN FURTHERANCE OF ITS RESEARCH ACTIVITIES, PRINCETON UNIVERSITY MAKES SUB-AWARDS TO OTHER INSTITUTIONS THAT PERFORM RESEARCH IN CONNECTION WITH RESEARCH GRANTS AWARDED TO PRINCETON UNIVERSITY. PRINCETON UNIVERSITY DOES NOT CATEGORIZE THESE SUB-AWARDS AS "GRANTS AND OTHER ASSISTANCE" FOR FORM 990 REPORTING, SINCE THE RECIPIENT ORGANIZATIONS PERFORM RESEARCH SERVICES FOR THE UNIVERSITY AND ARE CONSIDERED INDEPENDENT CONTRACTORS WHICH SERVE THE DIRECT NEEDS OF THE UNIVERSITY. DURING THE YEAR ENDED JUNE 30, 2024, PRINCETON UNIVERSITY MADE SUB-AWARD PAYMENTS TO 354 RECIPIENT ORGANIZATIONS TOTALING $41,693,883. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE UNIVERSITY HAS AGREEMENTS WITH VARIOUS GOVERNMENT AGENCIES REGARDING ANNUAL CONTRIBUTIONS. ALSO, EACH YEAR THE UNIVERSITY MAKES NUMEROUS SMALL CONTRIBUTIONS TO COMMUNITY ORGANIZATIONS. THE UNIVERSITY'S DEPARTMENT OF COMMUNITY AND REGIONAL AFFAIRS REVIEWS REQUESTS FROM LOCAL NON-PROFITS, AND LOOKS TO PROVIDE PROGRAM SUPPORT FOR ORGANIZATIONS IN THE PRINCETON AREA WHO PROVIDE IMPORTANT SERVICES AND RESOURCES TO THE COMMUNITY. ALL CONTRIBUTIONS ARE EVALUATED TO ASSURE THAT THEY SUPPORT THE PRINCETON COMMUNITY AT LARGE. THE UNIVERSITY'S PACE CENTER FOR CIVIC ENGAGEMENT PROVIDES GRANTS AND SUPPORT EFFORTS BY STUDENTS, FACULTY, STAFF, AND ALUMNI TO IDENTIFY AND ADDRESS ISSUES OF PUBLIC CONCERN, TO BE ACTIVELY ENGAGED CITIZENS, AND TO PRACTICE EFFECTIVE PUBLIC LEADERSHIP FOR THE PURPOSE OF BUILDING STRONGER COMMUNITIES AND SOCIETIES THROUGHOUT THE WORLD. THE UNDERGRADUATE FINANCIAL AID DEPARTMENT MAINTAINS THE RECORDS RELATED TO THE UNDERGRADUATE NEED-BASED GRANTS. THE PROCEDURE IS AS FOLLOWS: THE STUDENTS APPLY ANNUALLY FOR GRANTS BASED ON THEIR FAMILIES' FINANCIAL CIRCUMSTANCES. EACH APPLICATION IS THEN REVIEWED TO DETERMINE THE AMOUNT OF GRANT THAT IS NEEDED. THE GRANTS ARE PROVIDED FROM APPROPRIATE SOURCES AND APPLIED TO EACH STUDENT'S PRINCETON BILL FOR TUITION, FEES, ROOM, BOARD AND OTHER CHARGES. AT THE TIME OF ADMISSION, GRADUATE STUDENT FELLOWSHIPS ARE AWARDED ON THE BASIS OF A COMBINATION OF ACADEMIC MERIT AND FINANCIAL NEED. ALL STUDENTS MUST REMAIN IN GOOD ACADEMIC STANDING IN ORDER TO RECEIVE FUNDING. STUDENTS IN CERTAIN PROGRAMS RECEIVE RESEARCH GRANTS AFTER THEIR FIRST YEAR OF STUDY, WHILE OTHER STUDENTS RECEIVE FELLOWSHIPS FOR THE DURATION OF THEIR PROGRAM. GRADUATE STUDENT FELLOWSHIPS ARE FUNDED THROUGH A COMBINATION OF UNIVERSITY RESOURCES INCLUDING ENDOWMENT, GENERAL UNIVERSITY FUNDS, AND/OR DEPARTMENTAL RESOURCES. X X X X true true X X X X X false true false false false false false true false Christopher Eisgruber PRESIDENT 1256317 0 0 0 143786 0 40369 0 82874 0 1523346 0 0 0 Deborah Prentice Former Provost 229479 0 0 0 891 0 25644 0 7601 0 263615 0 0 0 Lianne Sullivan-Crowley Former vice president for human resources, Emeritus 225521 0 0 0 1391 0 18131 0 29266 0 274309 0 0 0 Charlotte Treby Williams former executive vice president 747158 0 0 0 80662 0 40369 0 21116 0 889305 0 0 0 W Rochelle Calhoun vice president for campus life 485138 0 0 0 63041 0 40369 0 53256 0 641804 0 0 0 James Dominick VP for info. tech. and CIO (Through 12/31/23) 552530 0 0 0 43042 0 40369 0 28399 0 664340 0 0 0 Andrew Golden president of the Princeton University Investment Company (Through 6/30/24) 1149272 0 13312965 0 127733 0 40369 0 31721 0 14662060 0 11889024 0 Kevin Heaney vice president for advancement 680346 0 0 0 62973 0 40369 0 63490 0 847178 0 0 0 Chad Klaus vice president for university services 460845 0 0 0 25451 0 40369 0 24129 0 550794 0 0 0 James Matteo vice president for finance and treasurer 562113 0 0 0 92035 0 40369 0 27337 0 721854 0 0 0 Ramona Romero vice president and general counsel 790579 0 0 0 84210 0 40369 0 52456 0 967614 0 0 0 Nilufer Shroff vice president and chief audit and compliance officer 445149 0 0 0 20479 0 40369 0 16357 0 522354 0 0 0 Hilary Parker Vice President and Secretary 476450 0 0 0 23141 0 40369 0 21080 0 561040 0 0 0 KyuJung Whang VICE PRESIDENT FOR FACILITIES 520982 0 0 0 36958 0 40369 0 18636 0 616945 0 0 0 Gadi Dechter vice president for communications and government affairs 534540 0 0 0 53251 0 40369 0 27417 0 655577 0 0 0 Romy Riddick Vice President for Human Resources 451412 0 0 0 19804 0 40369 0 19611 0 531196 0 0 0 Jennifer Rexford Provost 767073 5000 0 0 104795 0 40369 0 34721 0 946958 5000 0 0 Catherine Callow-Wright Executive Vice President (As of 7/24/23) 359590 0 0 0 214543 0 40369 0 15557 0 630059 0 0 0 Sanjeev Kulkarni Professor, Former Dean of the Faculty 468518 1000 0 0 191434 0 40369 0 26042 0 726363 1000 0 0 Sarah-Jane Leslie Professor, Former Dean of the Graduate School 477495 0 0 0 151159 0 40369 0 21635 0 690658 0 0 0 Pablo Debenedetti Dean for Research (Through 8/27/23) 496518 0 0 0 35679 0 40369 0 25454 0 598020 0 0 0 Jill Dolan Dean of the College (Through 6/30/24) 484295 0 0 0 29867 0 40369 0 18557 0 573088 0 0 0 Gene Andrew Jarrett Dean of the Faculty 640226 0 0 0 113191 0 40369 0 31705 0 825491 0 0 0 Rodney Priestley dean of the Graduate School 415795 0 0 0 74008 0 40369 0 57830 0 588002 0 0 0 Peter Schiffer Dean for Research (As of 8/28/23) 182012 0 0 0 4872 0 18521 0 9141 0 214546 0 0 0 Jennifer Birmingham managing director of PRINCO 781095 0 1003580 0 77905 0 463235 0 49623 0 2375438 0 920080 0 Jonathan Erickson managing director of PRINCO 701454 0 2152729 0 70676 0 355959 0 104325 0 3385143 0 1790039 0 Edward Karns managing director of PRINCO 428892 0 1975520 0 621 0 40369 0 37066 0 2482468 0 1408520 0 Tae Kyoon Kim managing director of PRINCO 671204 0 1284805 0 61109 0 559947 0 27408 0 2604473 0 1174805 0 Susan Butler Ciniglio managing director of PRINCO 671011 0 792729 0 60340 0 548449 0 27601 0 2100130 0 0 0 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. A New Jersey Educational Facilities Authority 221829511 6460657Z9 2014-01-16 219254544 Funds-RefundCP,Maint,Equip,Constr&Pay Issuance false false false B New Jersey Educational Facilities Authority 221829511 646066HR4 2015-05-15 187083313 Fin Current Refund & Defeasance of O/S Notes & Pay Issuance Costs false false false C New Jersey Educational Facilities Authority 221829511 646066JQ4 2015-05-15 169793154 Funds-RefundCP,Maint,Equip,Constr&Pay Issuance false false false D New Jersey Educational Facilities Authority 221829511 646066RS1 2016-04-05 278301862 Funds-Refund CP, Maint,Equip,Constr&PayIssuance,Fin Current Refund & Defeasance of O/S Notes & Pay false false false A 23800000 176200000 219254544 566750 219033044 2014 false false true true B 102290000 187083313 344045 186905020 true false true true C 22195000 169793154 330250 169633981 2016 false false true true D 95640000 278301862 516889 131539458 146515022 2017 true false true true A false true true true true true 0.0 0.0 0.0 false false true B false true true true true true 0.0 0.0 0.0 false false true C false true true true true true 0.0 0.0 0.0 false false true D false true true true true true 0.0 0.0 0.0 false false true A false false true false false false false false true B false false true false false false false false true C false false true false false false false false true D false false true false false false false false true A true B true C true D true Schedule K, Part II, Line 3 DIFFERENCE BETWEEN PROCEEDS AND ISSUE PRICE FOR ALL BOND ISSUANCES, ANY DIFFERENCE BETWEEN THE TOTAL PROCEEDS AND THE ISSUE PRICE IS DUE TO INVESTMENT EARNINGS INCLUDED IN TOTAL PROCEEDS. Schedule K, Part III, Line 3d ENGAGEMENT OF BOND COUNSEL THE UNIVERSITY ENGAGED BOND COUNSEL THROUGH THE NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY, THE CONDUIT ISSUER OF THE BONDS, AND ALSO ENGAGED ITS INTERNAL OFFICE OF GENERAL COUNSEL TO REVIEW CONTRACTS AND AGREEMENTS RELATING TO THE FINANCED PROPERTY. Schedule K, Part IV, Line 2c REBATE DUE FOR ALL BOND ISSUANCES, THE NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY, THE CONDUIT ISSUER OF THE BONDS, MONITORED DEBT SERVICE AT 6/30/24 TO DETERMINE IF REBATE WAS DUE. A New Jersey Educational Facilities Authority 221829511 646066P79 2017-04-04 395919758 Fin Current / Adv Refund & Defeasance of O/S Notes & Pay Issuance Costs false false false B New Jersey Educational Facilities Authority 221829511 646066S50 2017-04-04 162455632 Funds-Maint,Equip,Constr&Pay Issuance false false false C New Jersey Educational Facilities Authority 221829511 6460665P1 2017-12-27 423797743 Fin Current / Adv Refund & Defeasance of O/S Notes & Pay Issuance Costs false false false D New Jersey Educational Facilities Authority 221829511 646067BT4 2021-04-08 300323818 Funds-Maint,Equip,Constr&Pay Issuance false false false A 141515000 395919758 940052 395261595 true true true true B 14345000 162455632 426067 163099604 2019 false false true true C 62580000 423797743 1070522 423092082 false true true true D 17175000 300323818 512986 300233473 2022 false false false true A false true true true true true 0.0 0.0 0.0 false false true B false true true true true true 0.0 0.0 0.0 false false true C false true true true true true 0.0 0.0 0.0 false false true D false true true true true true 0.0 0.0 0.0 false false true A false false true false false false false false true B false false true false false false false false true C false false true false false false false false true D false false true false false false false false true A true B true C true D true A New Jersey Educational Facilities Authority 221829511 646067CP1 2021-04-08 204607322 Fin Current Refund & Defeasance of O/S Notes & Pay Issuance Costs false false false B New Jersey Educational Facilities Authority 221829511 646067EJ3 2022-05-17 165832500 Funds-Maint,Equip,Constr&Pay Issuance false false false C New Jersey Educational Facilities Authority 221829511 646067EK0 2022-05-17 173946000 Funds-Maint,Equip,Constr&Pay Issuance false false false D New Jersey Educational Facilities Authority 221829511 646067HR2 2024-03-06 1502416836 Funds-Maint,Equip,Constr&Pay Issuance false false false A 18140000 204607322 1129519 203760000 true false false true B 165832500 460175 169667737 2024 false false false true C 173946000 482689 177968880 2024 false false false true D 1502416836 3203269 691691561 2024 false false false true A false true true true true true 0.0 0.0 0.0 false false true B false true true true true true 0.0 0.0 0.0 false false true C false true true true true true 0.0 0.0 0.0 false false true D false true true true true true 0.0 0.0 0.0 false false true A false false true false false false false false true B false false true false false false false false true C false false true false false false false false true D false false true false false false false false true A true B true C true D true A NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 646067HE1 2024-04-03 174531855 Fin Current Refund & Defeasance of O/S Notes & Pay Issuance Costs false false false B NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 64606R4R2 2024-06-03 50000000 Commercial Paper Notes-Fin Constr false false false C New Jersey Educational Facilities Authority 221829511 64606R4S0 2024-06-10 14800000 Commercial Paper Notes-Fin Constr false false false A 174531855 537790 174531855 true false false true B 50000000 50000000 false false false true C 14800000 14800000 false false false true A false true true true true true 0.0 0.0 0.0 false false true B false true true true true true 0.0 0.0 0.0 false false true C false true true true true true 0.0 0.0 0.0 false false true A false false true false false false false false true B false false true false false false false false true C false false true false false false false false true A true B true C true Callow-Wright CATHERINE Officer MORTGAGE X 830216 477865 false false true HEANEY KEVIN OFFICER MORTGAGE X 713475 614771 false false true KLAUS CHAD OFFICER MORTGAGE X 474835 347962 false false true KULKARNI SANJEEV FORMER KEY EMPLOYEE MORTGAGE X 800000 731974 false false true MATTEO JAMES OFFICER MORTGAGE X 500113 466064 false false true ROMERO RAMONA OFFICER MORTGAGE X 880000 753890 false false true WHANG KYUJUNG OFFICER MORTGAGE X 560040 328377 false false true FERPA PROTECTED TRUSTEE EDUCATIONAL X 2254 1548 false false true PRIESTLEY RODNEY KEY EMPLOYEE MORTGAGE X 390032 330716 false false true Priestley Rodney KEY EMPLOYEE Recruitment X 500000 75000 false false true Leslie Sarah-Jane Former Key Employee Mortgage X 665740 119263 false false true Dechter Gadi officer Mortgage X 850050 831824 false false true Jarrett Gene Andrew Key Employee Recruitment X 230000 161000 false false true FERPA PROTECTED FORMER OFFICER PARENT LOAN X 160000 40626 false false true 5280880 NOT REQUIRED 34213 SCHOLARSHIPS EDUCATION STACY WOLF SPOUSE OF KEY EMPLOYEE 249005 COMPENSATION AS AN EMPLOYEE false MARK JOHNSTON SPOUSE OF FORMER KEY EMPLOYEE 393597 COMPENSATION AS AN EMPLOYEE false JEREMY IAN ADELMAN SPOUSE OF FORMER OFFICER 77151 COMPENSATION AS AN EMPLOYEE false ANNABELLE PRIESTLEY SPOUSE OF KEY EMPLOYEE 45636 COMPENSATION AS AN EMPLOYEE false Robert Lussier Spouse of Officer 120789 COMPENSATION AS AN EMPLOYEE false Anne Howard Dechter Spouse of Officer 29039 COMPENSATION AS AN EMPLOYEE false Sharon Schiffer Spouse of Key Employee 278281 COMPENSATION AS AN EMPLOYEE false Christopher Kuenne Spouse of Former Officer 86176 COMPENSATION AS AN EMPLOYEE false Schedule L, Part II LOANS TO AND/OR FROM INTERESTED PERSONS IN ACCORDANCE WITH A MORTGAGE LOAN PROGRAM, THE UNIVERSITY PROVIDES HOME FINANCING ASSISTANCE ON RESIDENTIAL PROPERTIES IN THE AREA SURROUNDING THE UNIVERSITY TO ELIGIBLE EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, UNDER THE AUTHORITY OF RESOLUTIONS ADOPTED BY THE COMMITTEE ON FINANCE OF THE BOARD OF TRUSTEES. X 55 1097281 Other - See Part II X 17551 Other X 689 49063955 Other - See Part II X Miscellaneous 8 110005 Other - SEE PART II 35 false true true Schedule M, Part I COLUMN B - NUMBER OF CONTRIBUTIONS AMOUNT REPRESENTS THE NUMBER OF INDIVIDUAL TRANSACTIONS OF NON-CASH CONTRIBUTIONS RECEIVED. Schedule M, Part I LINES 1, 4, 15, & 25- TYPE OF PROPERTY METHOD OF DETERMINING REVENUES FOR Art Work, Books & Publications, and OTHER (Miscellaneous) ARE BASED ON APPRAISAL AND OTHER VALUATION METHODS. Schedule M, Part I, Line 12 SECURITIES SECURITIES-MISCELLANEOUS INCLUDES BOTH MARKETABLE AND NON-MARKETABLE SECURITIES. REVENUES FOR MARKETABLE SECURITY CONTRIBUTIONS ARE VALUED BASED ON QUOTED MARKET PRICES. REVENUES FOR NON-MARKETABLE SECURITY CONTRIBUTIONS ARE VALUED BASED ON DISCOUNTED CASH FLOW AND OTHER VALUATION APPROACHES. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions BROKERS ARE USED TO SELL CONTRIBUTED SECURITIES. THE ORGANIZATION DOES NOT USE THIRD PARTIES TO SOLICIT NONCASH CONTRIBUTIONS. Form 990, Part III, Line 4d Description of other program services (Expenses $ 433,092,000 including grants of $ 59,227,000) 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. Form 990, Part VI, Line 4 Significant changes to organizational documents THE FOLLOWING SIGNIFICANT CHANGE WAS MADE TO THE ORGANIZATION'S BYLAWS EFFECTIVE NOVEMBER 18, 2023: AMENDMENTS TO CLARIFY THE DELEGATION OF CERTAIN INVESTMENT AUTHORITY BY THE BOARD AND THE FINANCE COMMITTEE. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE PRINCETON UNIVERSITY BOARD OF TRUSTEES CONSISTS OF NOT MORE THAN 40 MEMBERS. THIRTEEN MEMBERS ARE ALUMNI TRUSTEES WHO ARE ELECTED BY THE ALUMNI MEMBERS OF THE UNIVERSITY AND SERVE FOUR-YEAR TERMS. FOUR ALUMNI TRUSTEES ARE ELECTED BY THE JUNIOR AND SENIOR CLASSES AND THE TWO MOST RECENTLY GRADUATED UNDERGRADUATE CLASSES. NINE OF THESE ALUMNI TRUSTEES ARE ELECTED THROUGH AN ALUMNI-WIDE ELECTION OVERSEEN BY THE COMMITTEE TO NOMINATE ALUMNI TRUSTEES. ALUMNI TRUSTEES HAVE THE SAME RIGHTS AND POWERS AS OTHER TRUSTEES. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY THE UNIVERSITY'S OFFICE OF FINANCE & TREASURY AND IS REVIEWED BY MANAGEMENT. THE SCHEDULE J COMPENSATION INFORMATION IS REVIEWED BY THE COMPENSATION COMMITTEE AND THE ENTIRE FORM 990 IS REVIEWED BY THE AUDIT & COMPLIANCE COMMITTEE AT A MEETING PRIOR TO ITS FILING WITH THE IRS. A DRAFT COPY OF THE FORM, ALONG WITH SUPPLEMENTARY INFORMATION, IS PROVIDED IN ELECTRONIC FORM TO THE COMMITTEES IN ADVANCE OF THE MEETINGS, AND THE DRAFT IS REVISED SUBSEQUENTLY, AS NECESSARY. THE FULL BOARD OF TRUSTEES IS PROVIDED ACCESS TO THE FINAL DRAFT FORM PRIOR TO THE FILING DATE, ALLOWING SUFFICIENT TIME FOR REVIEW. Form 990, Part VI, Line 12c Conflict of interest policy ON AN ANNUAL BASIS, ALL TRUSTEES ARE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY FOR TRUSTEES AND A STATEMENT OF COMPLIANCE AFFIRMATION WHICH THEY ARE REQUIRED TO SIGN AND RETURN TO THE OFFICE OF THE VICE PRESIDENT AND SECRETARY. WHERE QUESTIONS ARISE ABOUT POTENTIAL CONFLICTS OF INTEREST OR THE POSSIBLE PERCEPTION OF SUCH CONFLICTS, THE POLICY REQUIRES THAT THOSE ISSUES BE BROUGHT TO THE CHAIR OF THE TRUSTEE COMMITTEE ON COMPENSATION FOR RESOLUTION. ON AN ANNUAL BASIS, THE VICE PRESIDENT OF HUMAN RESOURCES, THE DEAN OF THE FACULTY, AND THE DIRECTOR OF THE PRINCETON PLASMA PHYSICS LABORATORY ("PPPL") ARE RESPONSIBLE FOR ENSURING COMPLIANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICIES BY ALL EMPLOYEES HIRED THROUGH THEIR RESPECTIVE UNITS. ALL OFFICE HEADS, MANAGERS OF DEPARTMENTS, PROGRAMS, CENTERS, AND INSTITUTES, AND ACADEMIC DEPARTMENT CHAIRS ARE REMINDED OF THEIR OBLIGATION TO ENSURE COMPLIANCE IN THEIR FUNCTIONAL AREAS. ALL EMPLOYEES ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICIES, WHICH ARE PROVIDED TO THEM ONLINE, AND TO COMPLETE A DISCLOSURE FORM ACKNOWLEDGING THAT THEY HAVE REVIEWED THE POLICIES AND REQUIRING THAT ANY CONFLICTS OR POTENTIAL CONFLICTS BE DISCLOSED. ALL DISCLOSED CONFLICTS ARE REVIEWED BY THE APPLICABLE OFFICE HEAD, MANAGER OR DEPARTMENT CHAIR, AND THEN BROUGHT TO THE RESPECTIVE VICE PRESIDENT OF HUMAN RESOURCES, THE DEAN OF THE FACULTY, OR THE DIRECTOR OF THE PPPL FOR FURTHER REVIEW AND RESOLUTION. CONFLICT DISCLOSURE FORMS COMPLETED BY OFFICERS ARE REVIEWED BY THE PRESIDENT OF THE UNIVERSITY AND BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES; THE PRESIDENT'S DISCLOSURE FORM IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, AND DISCLOSED CONFLICTS, IF ANY, ARE APPROPRIATELY RESOLVED. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES MEETS EVERY SPRING TO SET THE PRESIDENT'S COMPENSATION. THE COMPENSATION COMMITTEE HAS AN INDEPENDENT COMPENSATION CONSULTANT WHO PROVIDES ALL OF THE COMPARABILITY DATA FOR THE PRESIDENT'S POSITION. WITH THIS INFORMATION, THE COMMITTEE THEN DETERMINES THE PRESIDENT'S COMPENSATION. THE SECRETARY TO THE COMMITTEE TAKES NOTES DURING THE MEETINGS AND WRITES THE MINUTES REFLECTING THE REVIEW, DELIBERATION AND DECISION PROCESSES. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES MEETS EVERY SPRING TO SET COMPENSATION LEVELS FOR CERTAIN CORPORATE OFFICERS AND TO REVIEW THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES. THE HUMAN RESOURCES DEPARTMENT PROVIDES THE COMMITTEE WITH MARKET COMPARABILITY DATA FOR THE REMAINING OFFICERS AND KEY EMPLOYEES. THE COMMITTEE DISCUSSES AND REVIEWS THE RECOMMENDED COMPENSATION OF SUCH INDIVIDUALS WITH THE PRESIDENT. THE SECRETARY TO THE COMMITTEE TAKES NOTES DURING THE MEETINGS AND WRITES THE MINUTES REFLECTING THE REVIEW, DELIBERATION AND DECISION PROCESSES. Form 990, Part VI, Line 19 Required documents available to the public THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH PRINCETON UNIVERSITY'S WEBSITE. Form 990, Part VII, Section A, Line 1a, Column (B) AVERAGE HOURS PER WEEK CERTAIN OFFICERS OF THE TRUSTEES OF PRINCETON UNIVERSITY ALSO SERVE ON THE BOARDS OF RELATED ORGANIZATIONS: STANLEY J. SEEGER HELLENIC FUND, FORRESTAL INVESTMENT CORPORATION, PRINCETON UNIVERSITY PRESS, AND FORRESTAL AGRICULTURAL CORPORATION. THE AVERAGE HOURS PER WEEK THAT THESE OFFICERS DEVOTE TO THE RELATED ORGANIZATIONS DURING THE YEAR IS LESS THAN ONE HOUR A WEEK OR MONTH. Form 990, Part X, Line 27 Net Assets without donor restrictions INCLUDED IN LINE 27, Net Assets without donor restrictions, IS A NON-CONTROLLING INTEREST OF $172,353,447. Form 990, Part XI, Line 9 Other changes in net assets or fund balances NET PERIODIC BENEFIT COST OTHER THAN SERVICE COST - -8445000; OTHER POST-RETIREMENT BENEFIT CHANGES - 8113000; SCHEDULE F, PART I - PART II & PART III, BEST AVAILABLE INFORMATION THE UNIVERSITY ACCOUNTS FOR ALL FOREIGN EXPENDTURES ON THE ORGANIZATION FINANCIAL STATEMENTS IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. ACTIVITIES OUTSIDE THE UNITED STATES HAVE BEEN IDENTIFIED ON A REASONABLE EFFORTS BASIS WHERE SUCH ACTIVITIES WERE NOT TRACKED SEPARATELY UNDER THE UNIVERSITY'S CURRENT ACCOUNTING PROCEDURES. THESE REASONABLE EFFORTS INCLUDED REVIEWS OF FINANCIAL RECORDS, INTERVIEWS WITH UNIVERSITY PERSONNEL, REVIEW OF THE UNIVERSITY'S WEBSITE AND PUBLICATIONS, ETC. EXPENDITURES BY REGION IN PART I, COLUMN (F) ARE BASED ON ACTUAL EXPENDITURES WHERE AVAILABLE UNDER CURRENT ACCOUNTING PROCEDURES. THE ESTIMATE FOR PART I LINE 3 COLUMN(C) AND PART III COLUMN (C) IS BASED ON THE BEST AVAILABLE DATA. SCHEDULE F, PART I, LINE 3 - ACTIVITIES CONDUCTED IN REGION PURSUANT TO IRS GUIDANCE, PART I, LINE 3, COLUMN D DETAIL FOR EACH TYPE OF ACTIVITY CONDUCTED OUTSIDE THE UNITED STATES FOR EACH REGION IS SHOWN ON A SEPARATE LINE. PART I, LINE 3, COLUMN E PROGRAM SERVICES INCLUDE RESEARCH, EDUCATION, TRAVEL, CONSULTING, CONFERENCES, WORKSHOPS, FELLOWSHIP RESEARCH, AND STUDY ABROAD PROGRAMS. SCHEDULE F, PART II - LINES 2&3,BEST AVAIL. INFO.FOR TOTAL NUMBER OF TAX-EXEMPT REC. ORG.&OTHER ORG BOTH THE TOTAL NUMBER OF RECIPIENT ORGANIZATIONS LISTED ABOVE THAT ARE RECOGNIZED AS CHARITIES BY THE FOREIGN COUNTRY, AS WELL AS THE TOTAL NUMBER OF OTHER ORGANIZATIONS OR ENTITIES HAVE BEEN IDENTIFIED ON A REASONABLE EFFORTS BASIS WHERE SUCH ORGANIZATIONS WERE NOT TRACKED SEPARATELY UNDER THE UNIVERSITY'S CURRENT ACCOUNTING PROCEDURES. THESE REASONABLE EFFORTS INCLUDED REVIEWS OF UNIVERSITY FINANCIAL RECORDS AND HISTORICAL SURVEYS OF PAST RECIPIENT ORGANIZATIONS ENGAGED IN ACTIVITIES OUTSIDE THE U.S. SCHEDULE F, PART II - SUB-AWARDS IN FURTHERANCE OF ITS RESEARCH ACTIVITIES, PRINCETON UNIVERSITY MAKES SUB-AWARDS TO OTHER FOREIGN INSTITUTIONS THAT PERFORM RESEARCH IN CONNECTION WITH RESEARCH GRANTS AWARDED TO PRINCETON UNIVERSITY. PRINCETON UNIVERSITY DOES NOT CATEGORIZE THESE SUB-AWARDS AS "FOREIGN ACTIVITIES" FOR FORM 990, SCHEDULE F REPORTING, SINCE THE FOREIGN RECIPIENT ORGANIZATIONS PERFORM RESEARCH SERVICES FOR THE UNIVERSITY AND ARE CONSIDERED INDEPENDENT CONTRACTORS WHICH SERVE THE DIRECT NEEDS OF THE UNIVERSITY. 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