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Filing year 2023

The Trustees of Princeton University

Princeton, New Jersey·EIN 21-0634501·NTEE B430 · Education·501(c)(3)
Total revenue
$3.1B
Total assets
$42.8B
Total expenses
$2.9B
Reported officers
68
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 31 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

President of the Princeton University Investment Company (through 6/30/24)
Above 90th percentilevs Education peers in New Jersey
$14.7M
$16.4M
Base
$1.1M
Bonus
$13.3M
Other
$128k
Benefits
$32k
Managing Director of Princo
Highest Compensated Employee
Above 90th percentilevs Education peers in New Jersey
$3.4M
$3.8M
Base
$701k
Bonus
$2.2M
Other
$71k
Benefits
$104k
Managing Director of Princo
Highest Compensated Employee
Above 90th percentilevs Education peers in New Jersey
$2.6M
$2.9M
Base
$671k
Bonus
$1.3M
Other
$61k
Benefits
$27k
Managing Director of Princo
Highest Compensated Employee
Above 90th percentilevs Education peers in New Jersey
$2.5M
$2.8M
Base
$429k
Bonus
$2M
Other
$621
Benefits
$37k
Managing Director of Princo
Highest Compensated Employee
Above 90th percentilevs Education peers in New Jersey
$2.4M
$2.7M
Base
$781k
Bonus
$1M
Other
$78k
Benefits
$50k
Managing Director of Princo
Highest Compensated Employee
Above 90th percentilevs Education peers in New Jersey
$2.1M
$2.3M
Base
$671k
Bonus
$793k
Other
$60k
Benefits
$28k
President
Above 90th percentilevs Education peers in New Jersey
$1.5M
$1.7M
Base
$1.3M
Bonus
Other
$144k
Benefits
$83k
Vice President and General Counsel
Vice President
Above 90th percentile
$968k
$1.1M
Base
$791k
Bonus
Other
$84k
Benefits
$52k
Provost
Officer (Unspecified)
$947k
$1.1M
Base
$767k
Bonus
Other
$105k
Benefits
$35k
Former Executive Vice President
Executive Vice President
Above 90th percentile
$889k
$993k
Base
$747k
Bonus
Other
$81k
Benefits
$21k
Vice President for Advancement
Vice President
Above 90th percentile
$847k
$946k
Base
$680k
Bonus
Other
$63k
Benefits
$63k
Dean of the Faculty
Key Employee
Above 90th percentilevs Education peers in New Jersey
$825k
$922k
Base
$640k
Bonus
Other
$113k
Benefits
$32k
Professor, Former Dean of the Faculty
Former Officer/director/trustee
Above 90th percentile
$726k
$811k
Base
$469k
Bonus
Other
$191k
Benefits
$26k
Vice President for Finance and Treasurer
Vice President
Above 90th percentile
$722k
$806k
Base
$562k
Bonus
Other
$92k
Benefits
$27k
Professor, Former Dean of the Graduate School
Former Officer/director/trustee
Above 90th percentile
$691k
$771k
Base
$477k
Bonus
Other
$151k
Benefits
$22k
VP for Info. Tech. and CIO (through 12/31/23)
Chief Information Officer
Above 90th percentile
$664k
$742k
Base
$553k
Bonus
Other
$43k
Benefits
$28k
Vice President for Communications and Government Affairs
Vice President
Above 90th percentile
$656k
$732k
Base
$535k
Bonus
Other
$53k
Benefits
$27k
Vice President for Campus Life
Vice President
Above 90th percentile
$642k
$717k
Base
$485k
Bonus
Other
$63k
Benefits
$53k
Executive Vice President (as of 7/24/23)
Executive Vice President
75th to 90th percentile
$630k
$703k
Base
$360k
Bonus
Other
$215k
Benefits
$16k
Vice President for Facilities
Vice President
Above 90th percentile
$617k
$689k
Base
$521k
Bonus
Other
$37k
Benefits
$19k
Dean for Research (through 8/27/23)
Key Employee
Above 90th percentilevs Education peers in New Jersey
$598k
$668k
Base
$497k
Bonus
Other
$36k
Benefits
$25k
Dean of the Graduate School
Key Employee
Above 90th percentilevs Education peers in New Jersey
$588k
$656k
Base
$416k
Bonus
Other
$74k
Benefits
$58k
Dean of the College (through 6/30/24)
Key Employee
Above 90th percentilevs Education peers in New Jersey
$573k
$640k
Base
$484k
Bonus
Other
$30k
Benefits
$19k
Vice President and Secretary
Vice President
Above 90th percentile
$561k
$626k
Base
$476k
Bonus
Other
$23k
Benefits
$21k
Vice President for University Services
Vice President
Above 90th percentile
$551k
$615k
Base
$461k
Bonus
Other
$25k
Benefits
$24k
Vice President for Human Resources
Vice President
Above 90th percentile
$531k
$593k
Base
$451k
Bonus
Other
$20k
Benefits
$20k
Vice President and Chief Audit and Compliance Officer
Vice President
Above 90th percentile
$522k
$583k
Base
$445k
Bonus
Other
$20k
Benefits
$16k
Former Vice President for Human Resources, Emeritus
Board Vice President
75th to 90th percentile
$274k
$306k
Base
$226k
Bonus
Other
$1k
Benefits
$29k
Former Provost
Former Officer/director/trustee
Median to 75th percentile
$264k
$294k
Base
$229k
Bonus
Other
$891
Benefits
$8k
Dean for Research (as of 8/28/23)
Key Employee
Median to 75th percentilevs Education peers in New Jersey
$215k
$240k
Base
$182k
Bonus
Other
$5k
Benefits
$9k
Trustee
Board Member
Below 10th percentilevs Education peers in New Jersey
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 37 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The Trustees of Princeton University equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 42%
from 2022

From $10.3M in 2022 to $14.7M in 2023.

$10.3M
2022
$14.7M
2023
In today's dollarsEst.
Up 37% in real terms$11.9M to $16.4M

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 42% from 2022 to 2023, while revenue fell 14%.

$10.3M in 2022 to $14.7M in 2023.
  • Highest Compensated Employee pay fell 30% from 2022 to 2023.
  • Vice President pay rose 8% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about The Trustees of Princeton University

What does the Chief Executive Officer of The Trustees of Princeton University earn?

In 2023, the Chief Executive Officer of The Trustees of Princeton University received $14,662,060 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at The Trustees of Princeton University compare with similar nonprofits?

Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Chief Executive Officer at The Trustees of Princeton University falls in the top 10%. In 2023, the highest total compensation at The Trustees of Princeton University equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

What are The Trustees of Princeton University's revenue and expenses?

In 2023, The Trustees of Princeton University reported $3.1B in total revenue and $2.9B in total expenses on its IRS Form 990.

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