Trustees Of Princeton University

Organization Overview

Trustees Of Princeton University is located in Princeton, NJ. The organization was established in 1984. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Trustees Of Princeton University employed 14,278 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Trustees Of Princeton University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Trustees Of Princeton University generated $4.9b in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $2.2b during the year ending 06/2021. While expenses have increased by 1.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Trustees Of Princeton University has awarded 251 individual grants totaling $114,531,136. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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

Describe the Organization's Program Activity:

EDUCATION - PRINCETON UNIVERSITY IS A PRIVATE NOT-FOR-PROFIT, NON-SECTARIAN INSTITUTION OF HIGHER LEARNING WITH APPROXIMATELY 4,800 UNDERGRADUATE AND 3,100 GRADUATE STUDENTS. 2,100 STUDENTS GRADUATED IN THE 2020-2021 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.


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 1,588 SEPARATE PROJECTS IN 2020-21 AS WELL AS THE PRINCETON PLASMA PHYSICS LAB.; THERE WERE 489 SPONSORED PROJECTS IN THE NATURAL SCIENCES, 947 IN ENGINEERING AND APPLIED SCIENCE, 131 IN THE HUMANITIES AND SOCIAL SCIENCES, AND 21 IN NON-ACADEMIC AREAS.


AUXILIARY ACTIVITIES-PRINCETON UNIVERSITY FURNISHES SERVICES TO THE CAMPUS COMMUNITY INCLUDING HOUSING, DINING, AND CONFERENCE AND EVENT SERVICES TO APPROXIMATELY 7,900 STUDENTS, 1,300 FACULTY, 6,000 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.


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.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ennead Architects
Architecture
$16,008,552
Skidmore Owings & Merrill Architects Pa
Architecture
$11,930,713
Berke Architects Dpc
Architecture
$6,779,609
Cooper Robertson & Partners Architects
Architecture
$5,672,618
Burns & Mcdonnell Engineering Company
Architecture
$5,467,770
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$307,025
Related organizations$0
Government grants $342,042,000
All other contributions, gifts, grants, and similar amounts not included above$385,210,975
Noncash contributions included in lines 1a–1f $52,430,667
Total Revenue from Contributions, Gifts, Grants & Similar$727,560,000
Total Program Service Revenue$414,860,777
Investment income $3,835,890,000
Tax Exempt Bond Proceeds $4,000
Royalties $13,271,000
Net Rental Income $6,484,000
Net Gain/Loss on Asset Sales -$217,260,000
Net Income from Fundraising Events -$57,003
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,859,455,000

Grants Awarded

Over the last fiscal year, Trustees Of Princeton University has awarded $9,987,287 in support to 31 organizations.

Grant RecipientAmount

MUNICIPALITY OF PRINCETON

PURPOSE: CONTRIBUTION

$4,249,600

COMMUNITY FOUNDATION OF NEW JERSEY

Org PageRecipient Profile

Morristown, NJ

PURPOSE: CONTRIBUTION

$1,600,000

MARY J GOREE LAS ANIMAS CTY SCHLRSHP

Org PageRecipient Profile

Denver, CO

PURPOSE: CONTRIBUTION

$705,262

LEADERSHIP ENT FOR A DIVERSE AMERICA

Org PageRecipient Profile

New York, NY

PURPOSE: CONTRIBUTION

$704,000

MCCARTER THEATRE COMPANY

Org PageRecipient Profile

Princeton, NJ

PURPOSE: CONTRIBUTION

$407,267

PRINCETON REGIONAL CHAMBER OF COMMERCE FOUNDATION INC

Org PageRecipient Profile

Princeton, NJ

PURPOSE: CONTRIBUTION

$378,001
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Trustees Of Princeton University has recieved totaling $44,900.

Awarding OrganizationAmount
The Iv Fund

Folsom, CA

PURPOSE: CREATIVE AND PERFORMING ARTS COURSE

$25,000
Jim And Dede Bartlett Foundation

Wilmington, DE

PURPOSE: DEDE T. BARTLETT P03 FUND FOR STUDENT RESEARCH IN ENERGY AND THE ENVIRONMENT

$12,000
The Iv Fund

Folsom, CA

PURPOSE: PRINCETON UNIVERSITY ART MUSEUM

$5,400
The Mclean Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$25,944,283,000
Earnings$11,883,451,000
Admin Expense$27,645,000
Net Contributions$651,218,000
Other Expense$1,192,252,000
Grants$232,613,000
Ending Balance$37,026,442,000

Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$953,892,663
Rochester Institute Of Technology
Rochester, NY
$1,071,324,345
St Johns University New York
Jamaica, NY
$798,473,536
Villanova University
Villanova, PA
$872,271,471
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
Rockefeller University
New York, NY
$535,346,959
Lehigh University
Bethlehem, PA
$713,288,867
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$606,887,297
American University Of Beirut
New York, NY
$608,300,843
Seton Hall University
South Orange, NJ
$473,034,000
Duquesne University Of The Holy Spirit
Pittsburgh, PA
$434,180,406

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