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TIN: 21-0634501
Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
19
Open to Public Inspection
Name of the organization
The Trustees of Princeton University
Employer identification number
21-0634501
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
First-class or charter travel
Housing allowance or residence for personal use
Travel for companions
Payments for business use of personal residence
Tax idemnification and gross-up payments
Health or social club dues or initiation fees
Discretionary spending account
Personal services (e.g., maid, chauffeur, chef)
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain
.........
1b
Yes
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a?
..
2
Yes
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
Compensation committee
Written employment contract
Independent compensation consultant
Compensation survey or study
Form 990 of other organizations
Approval by the board or compensation committee
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment?
.............
4a
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan?
.........
4b
Yes
c
Participate in, or receive payment from, an equity-based compensation arrangement?
.........
4c
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization?
....................
5a
No
b
Any related organization?
.......................
5b
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization?
..................
6a
No
b
Any related organization?
......................
6b
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III
............
7
Yes
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III
..........................
8
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)?
.........................
9
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2019
Schedule J (Form 990) 2019
Page
2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees.
Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note.
The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A)
Name and Title
(B)
Breakdown of W-2 and/or 1099-MISC compensation
(C)
Retirement and other deferred compensation
(D)
Nontaxable
benefits
(E)
Total of columns
(B)(i)-(D)
(F)
Compensation in column (B) reported as deferred on prior Form 990
(i)
Base
compensation
(ii)
Bonus & incentive
compensation
(iii)
Other
reportable compensation
1
Christopher Eisgruber
PRESIDENT
(i)
(ii)
862,704
-------------
0
0
-------------
0
90,822
-------------
0
34,425
-------------
0
90,359
-------------
0
1,078,310
-------------
0
0
-------------
0
2
Robert Durkee
vice president and secretary through 6/30/19
(i)
(ii)
218,583
-------------
0
0
-------------
0
53,679
-------------
0
25,350
-------------
0
10,018
-------------
0
307,630
-------------
0
0
-------------
0
3
David Lee
PROFESSOR OF ECONOMICS/FORMER PROVOST
(i)
(ii)
421,128
-------------
0
0
-------------
0
136,804
-------------
0
34,425
-------------
0
19,547
-------------
0
611,904
-------------
0
0
-------------
0
4
W Rochelle Calhoun
vice president for campus life
(i)
(ii)
403,438
-------------
0
0
-------------
0
24,225
-------------
0
34,425
-------------
0
24,217
-------------
0
486,305
-------------
0
0
-------------
0
5
Brent Colburn
vice president for communications and public affairs
(i)
(ii)
453,967
-------------
0
0
-------------
0
45,490
-------------
0
34,425
-------------
0
20,444
-------------
0
554,326
-------------
0
0
-------------
0
6
James Dominick
vice president for information technology and chief information officer
(i)
(ii)
443,392
-------------
0
0
-------------
0
31,710
-------------
0
34,425
-------------
0
30,702
-------------
0
540,229
-------------
0
0
-------------
0
7
Andrew Golden
president of the Princeton University Investment Company
(i)
(ii)
990,004
-------------
0
3,156,720
-------------
0
111,564
-------------
0
2,908,825
-------------
0
38,772
-------------
0
7,205,885
-------------
0
3,131,720
-------------
0
8
Kevin Heaney
vice president for advancement
(i)
(ii)
552,602
-------------
0
0
-------------
0
77,812
-------------
0
34,425
-------------
0
31,701
-------------
0
696,540
-------------
0
0
-------------
0
9
Chad Klaus
vice president for university services
(i)
(ii)
379,156
-------------
0
0
-------------
0
18,732
-------------
0
34,425
-------------
0
19,054
-------------
0
451,367
-------------
0
0
-------------
0
10
James Matteo
vice president for finance and treasurer as of 2/25/19
(i)
(ii)
403,273
-------------
0
0
-------------
0
52,635
-------------
0
34,425
-------------
0
22,026
-------------
0
512,359
-------------
0
0
-------------
0
11
Deborah Prentice
provost
(i)
(ii)
705,482
-------------
0
0
-------------
0
67,197
-------------
0
34,425
-------------
0
48,780
-------------
0
855,884
-------------
0
0
-------------
0
12
Ramona Romero
vice president and general counsel
(i)
(ii)
627,851
-------------
0
0
-------------
0
64,569
-------------
0
34,425
-------------
0
34,179
-------------
0
761,024
-------------
0
0
-------------
0
13
Nilufer Shroff
vice president and chief audit and compliance officer
(i)
(ii)
384,968
-------------
0
0
-------------
0
18,236
-------------
0
34,425
-------------
0
19,017
-------------
0
456,646
-------------
0
0
-------------
0
14
Lianne Sullivan-Crowley
vice president for human resources
(i)
(ii)
388,933
-------------
0
0
-------------
0
26,590
-------------
0
34,425
-------------
0
45,553
-------------
0
495,501
-------------
0
0
-------------
0
15
KyuJung Whang
vice president for facilities
(i)
(ii)
440,678
-------------
0
0
-------------
0
30,852
-------------
0
34,425
-------------
0
20,203
-------------
0
526,158
-------------
0
0
-------------
0
16
Charlotte Treby Williams
executive vice president
(i)
(ii)
581,767
-------------
0
0
-------------
0
48,687
-------------
0
34,425
-------------
0
37,399
-------------
0
702,278
-------------
0
0
-------------
0
17
Hilary Parker
Vice President and Secretary As of 7/1/19
(i)
(ii)
315,848
-------------
0
0
-------------
0
8,589
-------------
0
34,425
-------------
0
17,563
-------------
0
376,425
-------------
0
0
-------------
0
18
David Dobkin
PROFESSOR OF COMPUTER SCIENCE/ FORMER DEAN OF THE FACULTY
(i)
(ii)
190,304
-------------
0
0
-------------
0
101,116
-------------
0
34,425
-------------
0
23,596
-------------
0
349,441
-------------
0
0
-------------
0
19
Pablo Debenedetti
Dean for Research
(i)
(ii)
421,872
-------------
0
0
-------------
0
31,550
-------------
0
34,425
-------------
0
27,859
-------------
0
515,706
-------------
0
0
-------------
0
20
Jill Dolan
Dean of the College
(i)
(ii)
404,566
-------------
0
0
-------------
0
63,803
-------------
0
34,425
-------------
0
19,421
-------------
0
522,215
-------------
0
0
-------------
0
21
Sanjeev Kulkarni
Dean of Faculty
(i)
(ii)
557,140
-------------
1,000
0
-------------
0
50,847
-------------
0
34,425
-------------
0
28,538
-------------
0
670,950
-------------
1,000
0
-------------
0
22
Sarah-Jane Leslie
Dean of Graduate School
(i)
(ii)
385,552
-------------
0
0
-------------
0
30,020
-------------
0
34,425
-------------
0
19,453
-------------
0
469,450
-------------
0
0
-------------
0
23
Jennifer Birmingham
managing director of PRINCO
(i)
(ii)
591,383
-------------
0
802,580
-------------
0
55,051
-------------
0
592,677
-------------
0
29,853
-------------
0
2,071,544
-------------
0
415,587
-------------
0
24
Jonathan Erickson
managing director of PRINCO
(i)
(ii)
515,974
-------------
0
1,650,323
-------------
0
45,886
-------------
0
920,925
-------------
0
26,301
-------------
0
3,159,409
-------------
0
1,416,823
-------------
0
25
Edward Karns
managing director of PRINCO
(i)
(ii)
542,956
-------------
0
1,481,197
-------------
0
44,887
-------------
0
939,925
-------------
0
41,802
-------------
0
3,050,767
-------------
0
1,238,697
-------------
0
26
Tae Kyoon Kim
managing director of PRINCO
(i)
(ii)
451,540
-------------
0
954,654
-------------
0
34,732
-------------
0
798,751
-------------
0
27,057
-------------
0
2,266,734
-------------
0
391,243
-------------
0
27
James Millar
managing director of PRINCO
(i)
(ii)
552,004
-------------
0
1,278,948
-------------
0
45,607
-------------
0
950,425
-------------
0
30,516
-------------
0
2,857,500
-------------
0
1,033,348
-------------
0
Schedule J (Form 990) 2019
Schedule J (Form 990) 2019
Page
3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference
Explanation
Schedule J, Part II, Column (F) PRIOR YEAR COMPENSATION
THE AMOUNTS REPORTED IN COLUMN (F) ONLY REFLECT COMPENSATION REPORTED IN COLUMN (B) THAT WAS REPORTED AS DEFERRED COMPENSATION ON PRIOR YEAR RETURNS.
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 TO LIVE IN ITS OFFICIAL UNIVERSITY RESIDENCE FOR THE UNIVERSITY'S CONVENIENCE AND AS A CONDITION OF EMPLOYMENT. THE UNIVERSITY EMPLOYS STAFF TO SUPPORT BUSINESS EVENTS AT THE OFFICIAL RESIDENCE.
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 (Form 990) 2019
Additional Data
Software ID:
19010655
Software Version:
2019v5.0