2015-05-15T11:40:46-05:00 2014-06-30 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1700 PHILADELPHIA PA 19103 990 2013-07-01 210634501 The Trustees of Princeton University % CONTROLLEROFFICE OF FIN&TRE TRUS 6092583080 701 CARNEGIE CENTER OFFICE OF THE TREASURER Suite 445 PRINCETON NJ 08540 CAROLYN AINSLIE VP-FINANCE/TREASURER 6092583080 2015-05-01 eric m mcneil director P00460263 6092583080 2015-04-22 2013 2016-04-25 22:37:26Z CHRISTOPHER L EISGRUBER ONE NASSAU HALL PRINCETON NJ 08544 3258742845 false X WWW.PRINCETON.EDU X 1746 NJ Princeton University is a privately endowed non-sectarian institution of higher learning and a world-renowned research institution. 38 32 13869 15000 -4561071 -11356892 417602000 465156000 394242060 405724062 -802196000 1244486000 152743940 163996938 162392000 2279363000 284997258 294649368 0 0 699261000 809921000 0 0 35501000 561406742 586824632 1545665000 1691395000 -1383273000 587968000 22272320000 25570601000 4010744000 4288237000 18261576000 21282364000 X RESEARCH, EDUCATION AND GENERAL - PRINCETON UNIVERSITY IS A PRIVATELY ENDOWED NON-SECTARIAN INSTITUTION OF HIGHER LEARNING WITH APPROXIMATELY 5,200 UNDERGRADUATE AND 2,700 GRADUATE STUDENTS. 2,300 STUDENTS GRADUATED IN THE 2013-2014 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 978393000 203586000 311426000 EDUCATION - Princeton University is a privately endowed non-sectarian institution of higher learning with approximately 5,200 undergraduate and 2,700 graduate students. 2,300 students graduated in the 2013-2014 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. 429539000 80772000 143319000 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 1,373 separate projects in 2013-14(not including the Princeton Plasma Physics Lab.);there were 621 sponsored projects in the natural sciences,454 in engineering and applied science,139 in the humanities and social sciences,and 159 in centers,institutes,and nondepartmental programs. 130123000 93252000 AUXILIARY ACTIVITIES-PRINCETON UNIVERSITY FURNISHES SERVICES TO APPROXIMATELY 7,900 STUDENTS, 1,200 FACULTY, STAFF AND THE PUBLIC. SERVICES INCLUDE PROVIDING APPROXIMATELY 2.7 MILLION MEALS, HOUSING, RECREATIONS, ATHLETICS, LIBRARY, MUSEUM, PUBLIC LECTURES AND COMMUNITY EVENTS. 1538055000 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 true false false false false true true false true true true true false false true true true true false false true X 11490 0 true 13869 true true true true BR CA CI CH GR HK EI LU MY NL false false false true true true 1 false false false X 38 32 true false false false false true false true true false true true true true true true true true true true true true X CONTROLLEROFFICE OF FINTRE 6092583080 701 CARNEGIE CENTER PRINCETON NJ 08540 X ALLEN DANIELLE TRUSTEE 5.0 X AMMAH-TAGOE AKU TRUSTEE 5.0 X AYALA JAIME I trustee 5.0 X BARRON THOMAS A TRUSTEE 5.0 X BERG A SCOTT TRUSTEE 5.0 X Bjorklund Victoria Trustee 5.0 X BOYLE KIM M TRUSTEE 5.0 X CHRISTIE CHRISTOPHER TRUSTEE 5.0 X Bradley Katherine Brittain Trustee 5.0 X Chin Denny Trustee 5.0 X DAVIs PYPER TRUSTEE 6.0 X DIEKMAN JOHN D TRUSTEE 6.0 X FERENBACH III CARL TRUSTEE 5.0 X FORD HENRI R TRUSTEE 5.0 X FORESE LAURA L TRUSTEE 6.0 X GIBSON CHARLES D TRUSTEE 6.0 X GREHAN FRANCIS JOSHUA TRUSTEE 5.0 X GROVES ANGELA A TRUSTEE 5.0 X HALL KATHRYN A TRUSTEE 10.0 X HAMMARSKJOLD PHILIP U TRUSTEE 15.0 X HENRY BRENT L TRUSTEE 7.0 X HUGIN ROBERT J TRUSTEE 5.0 X KENNEDY RANDALL L TRUSTEE 5.0 X LEACH STEVEN D TRUSTEE 5.0 X MATHARU KANWAL TRUSTEE 5.0 X MILLER HEIDI G TRUSTEE 6.0 X MORSE LAurence c TRUSTEE 5.0 X MURLEY ROBERT S TRUSTEE 7.0 X NIX-HINES CRYSTAL TRUSTEE 6.0 X PERETSMAN NANCY B TRUSTEE 6.0 X ROSA MARGARITA TRUSTEE 5.0 X SAMS LOUISE S TRUSTEE 6.0 X simmons ruth j TRUSTEE 5.0 X wendell peter c TRUSTEE 5.0 X WUDUNN SHERYL TRUSTEE 5.0 X wynne john o TRUSTEE 5.0 X YEH C JAMES TRUSTEE 5.0 X ZHU MIN TRUSTEE 5.0 X EISGRUBER CHRISTOPHER PRESIDENT 50.0 X X 705008 0 57392 AINSLIE CAROLYN VP FOR FINANCE/TREASURER 50.0 X 450693 0 63299 cherrey cynthia VICE PRESIDENT FOR CAMPUS LIFE 50.0 X 316585 0 47193 dominick james VP FOR INFO. TECHNOLOGY & CIO 50.0 X 333205 0 56633 DURKEE ROBERT VICE PRESIDENT & SECRETARY 50.0 X 406720 0 48988 GOLDEN ANDREW PRESIDENT,P.U.INVESTMENT CO. 50.0 X 2650706 0 774431 KLAUS CHAD VP FOR UNIVERSITY SERVICES 50.0 X 285593 0 46697 LEE DAVID PROVOST 50.0 X 443469 0 48858 MCDONOUGH PETER GENERAL COUNSEL 50.0 X 433232 0 55985 MCKAY MICHAEL VICE PRESIDENT FOR FACILITIES 50.0 X 331756 0 52293 SHROFF NILUFER CHIEF AUDIT&COMPLIANCE OFFICER 50.0 X 278671 0 53496 SULLIVAN-CROWLEYLIANNE VICE PRESIDENT OF HR 50.0 X 317821 0 53698 williams treby Executive Vice President 50.0 X 278688 0 59326 WOOD ELIZABETH VP FOR OFFICE OF DEVELOPMENT 50.0 X 460633 0 54053 DEBENEDETTI PABLO DEAN FOR RESEARCH 50.0 X 343380 0 68486 DOBKIN DAVID DEAN OF THE FACULTY 50.0 X 717335 0 70243 KULKARNI SANJEEV DEAN OF THE GRADUATE SCHOOL 50.0 X 244847 0 62659 RUSSEL WILLIAM DEAN OF THE GRADUATE SCHOOL 50.0 X 352769 0 50779 SMITH STEWART AJ VP PPPL/PROF/FMR DEAN OF RES. 50.0 X 357076 0 54457 SMITH VALERIE DEAN OF COLLEGE 50.0 X 353249 0 49380 ERICKSON JONATHAN MANAGING DIRECTOR OF PRINCO 50.0 X 1991046 0 569894 millar james MANAGING DIRECTOR OF PRINCO 50.0 X 936382 0 333910 NAKAMURA CARA PRINCIPAL, PRINCO 50.0 X 689719 0 187315 RIEDL DREW MANAGING DIRECTOR OF PRINCO 50.0 X 1202815 0 309110 SCHEINKMAN JOSE Professor of Economics 50.0 X 736209 0 44960 TILGHMAN SHIRLEY PROFESSOR/FORMER PRESIDENT 50.0 X 881727 0 81369 BURSTEIN MARK Former EXECUTIVE VP 50.0 X 290077 0 42318 MALKIEL NANCY WEISS PROF/FORMER DEAN OF COLLEGE 50.0 X 325101 0 52101 17114512 0 3449323 1407 true true false STEVEN HOLL ARCHITECT PC 450WEST 31ST STREET 11TH FLOOR NEW YORK NY 10001 ARCHITECTURE 7211889 Huron Consulting Services LLC 550 W Van Buren Street CHICAGO IL 60607 Consulting 11817664 First Transit Inc 22192 Network Place CHICAGO IL 60673 Transportation 4016305 KPMB ARCHITECTS 322 KING STREET WEST 3RD FLOOR TORONTO 0 CA M5V 1J2 ARCHITECTURE 4060506 SHEPLEY BULFINCH RICHARDSON ABBOT 2 SEAPORT LANe BOSTON MA 02210 ARCHITECTURE 6414379 357 X 216115 272280000 192659885 48740000 465156000 TUITION AND FEES 900099 311426000 311426000 SALES AND SERVICES OF AUXILLARY ACTIVITIES 900099 93318124 93318124 CONFERENCE/EVENT SERVICES 812900 500677 500677 ADVERTISING 511120 471682 471682 FOOD SERVICES 722320 7579 7579 405724062 1227923000 -5558064 1233481064 12000 12000 143319491 143319491 13136000 7297000 5839000 0 5839000 5839000 982988000 5523000 962808000 9152000 20180000 -3629000 16551000 16551000 52865 216115 122845 -69980 -69980 0 0 OTHER REVENUE 211110 14908427 17055 14891372 14908427 2279363000 548063615 -4561071 1270704456 10291451 10291451 266296118 266296118 18061799 18061799 0 11476000 4454000 6494000 528000 1587000 1585000 2000 556562000 507331000 30144000 19087000 52724000 48659000 2475000 1590000 151432000 139103000 7732000 4597000 36140000 33156000 1884000 1100000 798000 798000 5205000 964000 3687000 554000 934000 934000 139000 139000 0 1385000 1385000 9158000 3102000 3694000 2362000 3198000 1885000 770000 543000 127350000 89552000 35843000 1955000 18767000 16007000 1408000 1352000 0 48089000 46844000 1048000 197000 25925000 21262000 3817000 846000 0 9681000 8808000 636000 237000 125429000 115419000 9997000 13000 0 127040000 124852000 1823000 365000 2288000 2229000 50000 9000 INVENTOR SHARE OF ROYALTY INC. 43143000 43143000 SUBCONTRACTS 33988000 33988000 OTHER EXPENSES 4307632 1062632 3079000 166000 1691395000 1538055000 117839000 35501000 3449000 4788000 350149000 342719000 341951000 291261000 5938000 2615000 4391545 4372027 0 0 361914455 362062973 4565000 6407000 17998000 22912000 4815846000 1268203000 3269218000 3547643000 680222000 609211000 17232524000 20376610000 0 0 0 0 0 0 22272320000 25570601000 304426000 292484000 0 0 153628000 145032000 1756851000 1878663000 0 0 0 0 44572000 45636000 1234144000 1307454000 517123000 618968000 4010744000 4288237000 X 6778897000 8128317000 9716400000 11334911000 1766279000 1819136000 18261576000 21282364000 22272320000 25570601000 587968000 2153070103 279749897 X false true X true true true X 442782000 482429000 580670000 417602000 465156000 2388639000 0 0 442782000 482429000 580670000 417602000 465156000 2388639000 0 2388639000 761608226 804802978 571068239 342640279 1390291772 3870411494 0 9329082 13253735 17871914 13173114 14891372 68519217 6327569711 1876579308 0.37750 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 287782 287782 287782 287782 1691395000 1724405368 1691682782 1724693150 1000000 1000000 250000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 340190 321495 236700 287782 1186167 250000 250000 250000 250000 1000000 1500000 Affiliated group list - Schedule C, Part II-A Trustees of Princeton University-Alumni Organizations and Classes 701 Carnegie Center, Princeton NJ 08540 22-2711242 Share of Expenses: 5,450,217 501(h)Election: NO Share of Excess Lobbying Expenditures: None Forrestal Agricultural Corporation 701 Carnegie Center, Princeton NJ 08540 36-3625291 Share of Expenses: 2,291,662 501(h)Election: NO Share of Excess Lobbying Expenditures: None Forrestal Investment Corporation 701 Carnegie Center, Princeton NJ 08540 22-2968912 Share of Expenses: 10,917,420 501(h)Election: NO Share of Excess Lobbying Expenditures: None Founding Fathers Papers, Inc. 701 Carnegie Center, Princeton NJ 08540 22-2365602 Share of Expenses: 5,494 501(h)Election: NO Share of Excess Lobbying Expenditures: None Princeton University Press 41 William Street, Princeton NJ 08540 21-0634483 Share of Expenses: 10,141,295 501(h)Election: NO Share of Excess Lobbying Expenditures: None Stanley J. Seeger Hellenic Fund 701 Carnegie Center, Princeton NJ 08540 22-2266810 Share of Expenses: 8,750 501(h)Election: NO Share of Excess Lobbying Expenditures: None The Research Collections and Preservation Consortium 701 Carnegie Center, Princeton NJ 08540 22-3751732 Share of Expenses: 4,195,530 501(h)Election: NO Share of Excess Lobbying Expenditures: None 1 105716 false false 1356799 212688947 X X X X X DIGITAL COLLECTIONS false 17328783000 210421000 3648181000 166802000 630082000 25537000 20364964000 16068576000 153855000 1876905000 161792000 586911000 21850000 17328783000 16176391000 123356000 476360000 149054000 537997000 20480000 16068576000 13502506000 460527000 2877289000 145619000 500250000 18062000 16176391000 11612485000 869169000 1660434000 152004000 472918000 14660000 13502506000 0.39000 0.08000 0.53000 true true true 46100000 108910000 155010000 3877432000 1008407000 2869025000 295228000 138958000 156270000 488176000 120838000 367338000 3547643000 INVESTMENTS LTD. PARTNERSHIPS 20083116000 F BOND PROCEED AWAITING DRAWDOWN 81470000 F PLANNED GIVING INVESTMENTS 211030000 F FUNDS SEPARATELY INVESTED 832000 F SECURITY GIFTS AWAITING LIQUID 162000 F 20376610000 0 DEP HELD IN CUSTODY FOR OTHERS 148363000 LIAB.-PLANNED GIVING ARRANGEME 96680000 FEDERAL LOAN PROGRAMS 6671000 POST RETIREMENT BENEFITS 367254000 618968000 X COLLECTIONS OF ART, HISTORICAL TREASURES, OR OTHER SIMILIAR ASSETS Schedule D, Part III, Line 4 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. The Department of Rare Books and Special Collections, 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 200,000 rare or significant printed works; 30,000 linear feet of textual materials, ranging from cuneiform tablets to contemporary manuscripts; a collection of prints, drawings, photographs, maps, coins, and other visual materials; the Cotsen Children's Library; and the Princeton University Archives. These collections support scholarship, research, faculty and students, and help further the overall mission of the university. ENDOWMENT FUNDS SCHEDULE D, PART V, QUESTION 4 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. FASB INTERPRETATION NO. 48 SCHEDULE D, PART X, LINE 2 ASC 740, INCOME TAXES, PRESCRIBES THE MINIMUM RECOGNITION THRESHOLD 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 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 FINANCIAL STATEMENTS. 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, 2011, THROUGH THE PRESENT. true true true true true true true false false false false false false false false true false true NONDISCRIMINATORY POLICY Schedule E, Part I, Line 3 PRINCETON UNIVERSITY DOES NOT HAVE A STUDENT SOLICITATION PROGRAM. INDIVIDUALS WHO REQUEST INFORMATION ABOUT UNDERGRADUATE ADMISSION RECEIVE A COPY OF THE ADMISSION "VIEWBOOK" OR CAN DOWNLOAD THE MATERIALS ONLINE. GRADUATE ADMISSION INFORMATION CAN BE VIEWED ON THE GRADUATE SCHOOL WEBSITE. 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. THE CURRENT EDITIONS OF THESE PUBLICATIONS, ALONG WITH THE UNDERGRADUATE AND GRADUATE SCHOOL WEBSITES, CONTAIN THE UNIVERSITY'S POLICY REGARDING EQUAL OPPORTUNITY UNDER THE HEADING "NONDISCRIMINATION STATEMENT". FINANCIAL AID OR ASSISTANCE FROM GOVERNMENTAL AGENCY Schedule E, Part I, Line 6a 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 157 Program Services RES,EDU,TRAVEL,CONSULT 405149 East Asia and the Pacific 433 Program Services RES,EDU,TRAVEL,CONSULT 2730224 Europe (Including Iceland and Greenland) 5 1990 Program Services RES,EDU,TRAVEL,CONSULT 9485794 Middle East and North Africa 122 Program Services RES,EDU,TRAVEL,CONSULT 661764 North America 133 Program Services RES,EDU,TRAVEL,CONSULT 693247 Russia and the Newly Independent States 1 71 Program Services RES,EDU,TRAVEL,CONSULT 266362 South America 140 Program Services RES,EDU,TRAVEL,CONSULT 1092862 South Asia 72 Program Services RES,EDU,TRAVEL,CONSULT 227358 Sub-Saharan Africa 1 461 Program Services RES,EDU,TRAVEL,CONSULT 2499039 Central America and the Caribbean Investments 5441485491 North America Investments 131042951 East Asia and the Pacific 1 Investments 168078040 Europe (Including Iceland and Greenland) Investments 857038916 Sub-Saharan Africa Investments 375839595 8 3579 8 3579 6991546792 6991546792 Central America and the Caribbean RES/EDU/TRAV/CONSULT 146788 check N/A N/A East Asia and the Pacific RES/EDU/TRAV 1827006 check N/A N/A Europe (Including Iceland and Greenland) RES/EDU/TRAV/CONSULT 5570878 check N/A N/A Middle East and North Africa RES/EDU/TRAVEL/CONSULT 381742 check N/A N/A North America RES/EDU/TRAVEL/CONSULT 391046 check N/A N/A Russia and the Newly Independent States RES/EDU/TRAV/CONSUL 101721 check N/A N/A South America RES/EDU/TRAV/CONSUL 801822 check N/A N/A South Asia RES/EDU/TRAV/CONSUL 63178 check N/A N/A Sub-Saharan Africa RES/EDU/TRAV/CONSUL 1642685 check N/A N/A 66 138 SCHOLARSHIP/FELLOWSHIP Central America and the Caribbean 41 258361 credit SCHOLARSHIP/FELLOWSHIP East Asia and the Pacific 228 903219 credit SCHOLARSHIP/FELLOWSHIP Europe (Including Iceland and Greenland) 881 3914915 credit SCHOLARSHIP/FELLOWSHIP Middle East and North Africa 64 280022 credit SCHOLARSHIP/FELLOWSHIP North America 214 302201 credit SCHOLARSHIP/FELLOWSHIP Russia and the Newly Independent States 35 164641 credit SCHOLARSHIP/FELLOWSHIP South America 46 291040 credit SCHOLARSHIP/FELLOWSHIP South Asia 76 164180 credit SCHOLARSHIP/FELLOWSHIP Sub-Saharan Africa 133 856354 Credit true false true true true true ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS SCHEDULE F, PART I, QUESTION 2 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. BEST AVAILABLE INFORMATION FOR TOTAL EXPENDITURES Schedule F, Part I, Part II, and Part III 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. ACTIVITIES CONDUCTED IN REGION SCHEDULE F, PART I, QUESTION 3 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. Sub-awards Schedule F, Part II 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. puam gala 268980 216115 52865 60832 12004 50009 0 268980 216115 52865 60832 12004 50009 122845 -69980 true PRINCETON 400 witherspoon street PRINCETON NJ 08540 300746654 GOVERNMENT 2632500 CONTRIBUTION PRINCETON FIRST AID AND RESCUE SQUAD PO BOX 529 PRINCETON NJ 085420529 237140015 501 (C)(3) 35000 CONTRIBUTION PRINCETON FIRE DEPARTMENT 400 witherspoon street PRINCETON NJ 08540 300746654 GOVERNMENT 55000 CONTRIBUTION STONY BROOK MILLSTONE WATERSHED 31 TITUS MILL RD PENNINGTON NJ 08534 210649717 501 (C)(3) 15000 CONTRIBUTION UNITED WAY OF GREATER MERCER COUNTY 3131 PRINCETON PIKEBLDG 2 LAWRENCEVILLE NJ 08648 210683073 501 (c)(3) 20506 CONTRIBUTION WEST WINDSOR TOWNSHIP 271 CLARKSVILLE ROAD WEST WINDSOR NJ 08550 216001354 GOVERNMENT 55338 CONTRIBUTION ENVIRONMENTAL DEFENSE FUND 257 PARK AVNEUE SOUTH NEW YORK NY 10010 116107128 501(C)(3) 253067 CONTRIBUTION THE FOOD PROJECT INC 10 LEWIS STREET LINCOLN MA 01773 043262532 501(C)(3) 55903 CONTRIBUTION PU CLASS OF 1969 COMMUNITY SERVICE FUND PO BOX 261 PRINCETON NJ 08542 223436451 501(C)(3) 74820 CONTRIBUTION ROBERTSON FOUNDATION FOR GOVERNMENT INC 14255 US HIGHWAY 1 JUNO BEACH FL 33408 204630877 501(C)(3) 6300000 CONTRIBUTION PRINCETON HEALTHCARE SYSTEM 253 WITHERSPOON STREET PRINCETON NJ 08540 210635009 501(C)(3) 400000 CONTRIBUTION BARNARD COLLEGE 3009 BROADWAY NEW YORK NY 10027 131628149 501(C)(3) 56469 CONTRIBUTION climate central inc 1 Palmer Sq Ste 330 Princeton NJ 08542 261797336 501(c)(3) 92709 contribution PRINCETON PUBLIC LIBRARY FOUNDATION 65 WITHERSPOON ST PRINCETON NJ 08542 223494366 501(C)(3) 53000 CONTRIBUTION Princeton School Gardens Cooperative 211 N HARRISON STREET SUITE A PRINCETON NJ 08540 263722541 501(C)(3) 12000 CONTRIBUTION VERA INSTITUTE OF JUSTICE INC 233 BROADWAY 12TH FLOOR NEW YORK NY 10279 131941627 501(C)(3) 93363 CONTRIBUTION Princeton-Blairstown Center 350 Alexander Road Princeton NJ 08540 226075831 501(c)(3) 68394 FMV Office Space Contribution Princeton-Blairstown Center 350 Alexander Road Princeton NJ 08540 226075831 501(c)(3) 18382 Contribution 17 UNDERGRADUATE STUDENTS-SCHOLARSHIPS FOR TUITION 4436 119817593 UNDERGRADUATE STUDENTS-SCHOLARSHIPS NON-TUITION 987 4962096 GRADUATE STUDENTS-FELLOWSHIPS FOR TUITION 2503 92235709 GRADUATE STUDENTS-FELLOWSHIPS FOR NON-TUITION 1278 49280720 RECORDS MAINTAINED FOR GRANTS OR ASSISTANCE SCHEDULE I, PART I, LINE 2 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 provide towards the betterment of the Princeton community at large. The University's Pace Center for Civic Engagement provides grant 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. Sub-awards Schedule I, Part II 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, 2014, Princeton University made sub-award payments to 190 recipient organizations totaling $34,680,729. X X X X X true true X X X X X true true false false false false false true false AINSLIE CAROLYN VP FOR FINANCE/TREASURER 417516 0 0 0 33177 0 31769 0 31530 0 513992 0 0 0 BURSTEIN MARK Former EXECUTIVE VP 265972 0 0 0 24105 0 31769 0 10549 0 332395 0 0 0 cherrey cynthia VICE PRESIDENT FOR CAMPUS LIFE 310043 0 0 0 6542 0 31769 0 15424 0 363778 0 0 0 DEBENEDETTI PABLO DEAN FOR RESEARCH 305716 0 0 0 37664 0 31769 0 36717 0 411866 0 0 0 DOBKIN DAVID DEAN OF THE FACULTY 430016 0 0 0 287319 0 31769 0 38474 0 787578 0 0 0 dominick james VP FOR INFO. TECHNOLOGY & CIO 319314 0 0 0 13891 0 31769 0 24864 0 389838 0 0 0 DURKEE ROBERT VICE PRESIDENT & SECRETARY 380543 0 0 0 26177 0 31769 0 17219 0 455708 0 0 0 EISGRUBER CHRISTOPHER PRESIDENT 644516 0 0 0 60492 0 31769 0 25623 0 762400 0 0 0 ERICKSON JONATHAN MANAGING DIRECTOR OF PRINCO 642016 0 1282562 0 66468 0 544317 0 25577 0 2560940 0 877062 0 GOLDEN ANDREW PRESIDENT,P.U.INVESTMENT CO. 782016 0 1785606 0 83084 0 729031 0 45400 0 3425137 0 1235101 0 KLAUS CHAD VP FOR UNIVERSITY SERVICES 278465 0 0 0 7128 0 31769 0 14928 0 332290 0 0 0 KULKARNI SANJEEV DEAN OF THE GRADUATE SCHOOL 182137 0 0 0 62710 0 29239 0 33420 0 307506 0 0 0 LEE DAVID PROVOST 409876 0 0 0 33593 0 31769 0 17088 0 492326 0 0 0 MALKIEL NANCY WEISS PROF/FORMER DEAN OF COLLEGE 313180 0 0 0 11921 0 31769 0 20332 0 377202 0 0 0 MCDONOUGH PETER GENERAL COUNSEL 405112 0 0 0 28120 0 31769 0 24216 0 489217 0 0 0 MCKAY MICHAEL VICE PRESIDENT FOR FACILITIES 318181 0 0 0 13575 0 31769 0 20524 0 384049 0 0 0 millar james MANAGING DIRECTOR OF PRINCO 410016 0 499594 0 26772 0 302517 0 31393 0 1270292 0 46208 0 NAKAMURA CARA PRINCIPAL, PRINCO 269554 0 412689 0 7476 0 161948 0 25367 0 877034 0 0 0 RIEDL DREW MANAGING DIRECTOR OF PRINCO 418000 0 759541 0 25274 0 292917 0 16193 0 1511925 0 525266 0 RUSSEL WILLIAM DEAN OF THE GRADUATE SCHOOL 337005 0 0 0 15764 0 31769 0 19010 0 403548 0 0 0 SCHEINKMAN JOSE Professor of Economics 182153 0 0 0 554056 0 31769 0 13191 0 781169 0 0 0 SHROFF NILUFER CHIEF AUDIT&COMPLIANCE OFFICER 273800 0 0 0 4871 0 31769 0 21727 0 332167 0 0 0 SMITH STEWART AJ VP PPPL/PROF/FMR DEAN OF RES. 340850 0 0 0 16226 0 31769 0 22688 0 411533 0 0 0 SMITH VALERIE DEAN OF COLLEGE 316512 0 0 0 36737 0 31769 0 17611 0 402629 0 0 0 SULLIVAN-CROWLEYLIANNE VICE PRESIDENT OF HR 302266 0 0 0 15555 0 31769 0 21929 0 371519 0 0 0 TILGHMAN SHIRLEY PROFESSOR/FORMER PRESIDENT 788944 0 0 0 92783 0 31769 0 49600 0 963096 0 0 0 williams treby Executive Vice President 274555 0 0 0 4133 0 31769 0 27557 0 338014 0 0 0 WOOD ELIZABETH VP FOR OFFICE OF DEVELOPMENT 432016 0 0 0 28617 0 31769 0 22284 0 514686 0 0 0 NON-FIXED PAYMENTS SCHEDULE J, PART I, LINE 7 The President, the Managing Directors, and principal 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. RELEVANT INFORMATION REGARDING TRAVEL, HOUSING & PERSONAL SERVICES SCHEDULE J, PART I, LINE 1A 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. 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. The University may provide tax gross-up payments under certain circumstances as approved by the president, provost, executive vice president, vice president for human resources, or the dean of the faculty. The University does not provide tax indemnifications. The University requires its president to live in its official president's residence for its convenience and as a condition of employment. The University employs a cook, house manager and housekeeping staff to support business events at the official president's residence. Voluntary Incentive Retirement Plan Schedule J, Part I, Line 4a Jose Scheinkman,Professor of Economics,received bonus compensation in accordance with a voluntary incentive retirement plan offered to faculty members who reach retirement age. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B The President, the Managing Directors, and principal 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. PRIOR YEAR COMPENSATION SCHEDULE J, PART II, COLUMN F THE AMOUNTS REPORTED IN COLUMN (F) ONLY REFLECT COMPENSATION REPORTED IN COLUMN (B) THAT WAS REPORTED AS DEFERRED COMPENSATION ON PRIOR YEAR RETURNS. A NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 64605lgg7 2003-10-23 125451946 FIN ADVANCE REFUNDING OF VAR Notes true false false C NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 64605luu0 2005-04-12 148571158 FIN REFUNDING O/S NOTES&ADV REFUND true false false A 62570000 116230000 125451946 0 0 0 293172 0 0 0 0 0 true true true true C 14445000 139695000 148571158 0 0 58148463 271770 0 0 0 0 0 true true true true A 0 C false true true true true true 0.00128 0.00036 0.00164 false false false true A true false false 0 false 0 false true C false false false true false false 0 false 0 false true A true C true Difference between proceeds and issue price Schedule K, Part II, line 3 for cusip numbers 64605lwf1, 64605LL97, 646065JB9, 646065VL3, 646065E32, 646065Z21, AND 6460657Z9 THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS AND THE ISSUE PRICE IS DUE TO INVESTMENT EARNINGS INCLUDED IN TOTAL PROCEEDS. Year of Substantial Completion SCHEDULE K, PART II, LINE 13 FOR CUSIP NUMBER 64606R7M0, THE FINANCED PROJECTS WERE NOT SUBSTANTIALLY COMPLETE AS OF THE TAX YEAR END. FOR CUSIP NUMBERS 64605LGG7,64605LUU0,64605LT65, 646065GY2, AND 646065WX6, THE BONDS WERE REFUNDING ISSUES, AND HENCE, THE YEAR OF COMPLETION OF THE FINANCED PROJECTS IS NOT APPLICABLE. Private Business Use Schedule K, Part III IN ACCORDANCE WITH THE IRS INSTRUCTIONS, PART III FOR CUSIP NUMBER 64605LGG7 IS NOT COMPLETED SINCE THE BONDS WERE ISSUED ENTIRELY FOR THE PURPOSE OF REFUNDING PRE-1/1/2003 BOND ISSUES. engagement of bond counsel Schedule K, Part III, Line 3D 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. Rebate Due Schedule K, Part IV, Line 2c For CUSIP number 64605LUU0,64605LWF1,64605LT65,646065GY2, and 646065WX6, the New Jersey Educational Facilities Authority, the conduit issuer of the bonds, monitored debt service at 6/30/14 to determine if rebate was due. For cusip numbers 646065jb9,646065vl3,646065e32,646065z21, and 6460657Z9 no calculation was performed because the two year exception was met. A NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 64605lwf1 2005-06-16 117648580 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN false false false B NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 64605ll97 2006-06-01 75231843 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN false false false C NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 64605lt65 2006-08-10 93380761 FIN REFUND OF O/S NOTES&PAY ISSUAN true false false D NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 646065jb9 2007-06-19 330156288 FUNDS-MAINT,EQUIP&CONST&REF NOTES false false false A 20395000 0 122185075 0 0 0 645451 0 0 121539624 0 0 2008 false false true true B 74290000 0 76524797 0 0 0 228475 0 0 76296322 0 0 2008 false false true true C 1460000 90245000 93380761 0 0 65712492 184704 0 0 0 0 0 false true true true D 42850000 0 351448118 0 12666896 0 793000 0 0 337998222 0 0 2010 true false true true A false true true true true true 0.00276 0.00028 0.00305 false false false true B false true true true true true 0.00115 0.00086 0.00201 false false false true C false true true true true true 0.00182 0.00042 0.00223 false false false true D false true true true true true 0.01825 0.00018 0.01842 false false false true A false false false true false false 0 true Transamerica LifeIns 2.2 true true true B true false false 0 true Royal Bank of Canada 2. true false true C false false false true false false 0 false 0 false true D false false true false false false 0 true citigroup financial 2.2 true false true A true B true C true D true A NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 646065gy2 2007-06-19 68538881 FIN ADV REFUND&DEFEASANCE O/S NOTE true false false B NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 646065vl3 2008-09-25 254564399 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN false false false C NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 646065wx6 2008-11-05 215736061 FIN REFUNDING&DEFEASANCE O/S NOTES true false false D NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 646065e32 2010-01-28 262164806 FUNDS-MAINT,EQUIP,CONSTR&PAY ISSUA false false false A 730000 66100000 68538881 0 0 61552922 133888 0 0 0 0 0 false true true true B 23895000 0 258892375 0 12000000 0 810619 0 0 246081756 0 0 2010 false false true true C 73645000 214650000 215736061 0 0 0 936426 0 0 0 0 0 true false true true D 13985000 0 262532815 0 0 0 961995 0 0 261570820 0 0 2012 false false false true A false true true true true true 0.00185 0.00038 0.00223 false false false true B false true true true true true 0.03302 0.00013 0.03315 false false false true C false true true true true true 0.00053 0.00002 0.00055 false false false true D false true true true true true 0.01741 0.00017 0.01757 false false false true A false false false true false false 0 false 0 false true B false false true false false false 0 false 0 false true C false false false true false false 0 false 0 false true D false false true false false false 0 false 0 false true A true B true C true D true A NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 646065z21 2011-07-06 266360210 funds-maint,equip,constr&pay issua false false false B NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY 221829511 6460657z9 2014-01-16 219254544 Funds-Refund cp,maint,equip,constr false false false C New Jersey Educational Facilities Authority 221829511 64606r7m0 2012-07-02 24500000 commercial paper notes-fin.constr false false false A 8630000 0 266506666 0 0 0 1067500 0 0 265439166 0 0 2012 false false false true B 0 0 219379794 0 0 0 346750 0 0 219033044 0 0 2014 false false false true C 0 0 24500000 0 0 0 0 0 0 24500000 0 0 false false false true A false true true true true true 0.00204 0.00030 0.00234 false false false true B false true true true true true 0.00238 0.00002 0.00240 false false false true C false true true true true true 0.00024 0.00012 0.00036 false false false true A false false true false false false 0 false 0 false true B false false true false false false 0 false 0 false true C false true false false false false 0 false 0 false true A true B true C true Former StudentFERPA TRUSTEE Education X 2100 1375 false false true Ainslie Carolyn OFFICER MORTGAGE X 675000 642660 false false true dominick james OFFICER mortgage X 476028 470091 false false true ERICKSON JONATHAN HIGHEST COMPENSATED MORTGAGE X 758398 726033 false false true KLAUS CHAD OFFICER MORTGAGE X 474835 427221 false false true kulkarni sanjeev KEY EMPLOYEE MORTGAGE X 348840 288317 false false true NAKAMURA CARA HIGHEST COMPENSATED MORTGAGE X 417000 390766 false false true TRUSTEE FERPA TRUSTEE Parent Loan X 31650 4297 false false true SMITH VALERIE KEY EMPLOYEE MORTGAGE X 493380 457562 false false true SMITH VALERIE KEY EMPLOYEE RECRUITMENT LOAN X 240000 60000 false false true Sullivan-CrowleyL OFFICER mortgage X 518500 473447 false false true Tilghman Shirley FORMER OFFICER Mortgage X 417000 401340 false false true OFFICER FERPA OFFICER Parent Loan X 40000 28918 false false true 4372027 NOT REQUIRED 13370 SCHOLARSHIPS education NOT REQUIRED 24321 PARENT/STUDENT LOANS EDUCATION HellmanFriedman Capital Partners V SEE PART V -6860901 SEE PART V false HELLMANFRIEDMAN CAPITAL PARTNERS V SEE PART V 611210 SEE PART V false hellmanfriedman capptns vii lp SEE PART V 5904362 SEE PART V false SIERRA VENTURES IXLP SEE PART V -807864 SEE PART V false SIERRA VENTURES VIII-ALP SEE PART V -826970 SEE PART V false SIERRA VENTURES VII LP SEE PART V -120210 SEE PART V false WESTBRIDGE CROSSOVER FUNDLLC SEE PART V 26664049 SEE PART V false Loans to and/or from interested persons Schedule L, Part II 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, key and highest compensated employees, under the authority of resolutions adopted by the Committee on Finance of the Board of Trustees. HELLMAN & FRIEDMAN CAPITAL PARTNERS V, VI, & VII, LP SCHEDULE L, PART IV (B) PRINCETON UNIVERSITY HOLDS LIMITED PARTNERSHIP INTERESTS IN HELLMAN & FRIEDMAN CAPITAL PARTNERS V, VI, AND VII, LP. pHILIP HAMMARSKJOLD, A PRINCETON UNIVERSITY TRUSTEE, IS AN OFFICER, DIRECTOR, PARTNER AND SHAREHOLDER IN THESE ENTITIES. SCHEDULE L, PART IV (D) THE AMOUNT OF TRANSACTION (C) FOR CAPITAL PARTNERS V, LP INCLUDES CAPITAL CONTRIBUTED DURING THE YEAR BY THE TRUSTEES OF PRINCETON UNIVERSITY OF $107,854, THE UNIVERSITY'S SHARE OF CURRENT YEAR INCOME (LOSS) OF 1,908,960 AND CAPITAL DISTRIBUTED DURING THE YEAR TO THE TRUSTEES OF PRINCETON UNIVERSITY OF $8,877,715. THE AMOUNT OF TRANSACTION (C) FOR CAPITAL PARTNERS VI, LP INCLUDES CAPITAL CONTRIBUTED DURING THE YEAR BY THE TRUSTEES OF PRINCETON UNIVERSITY OF $514,153, THE UNIVERSITY'S SHARE OF CURRENT YEAR INCOME (LOSS) OF 24,058,885, AND CAPITAL DISTRIBUTED DURING THE YEAR TO THE TRUSTEES OF PRINCETON UNIVERSITY OF $23,961,828. THE AMOUNT OF TRANSACTION (C) FOR CAPITAL PARTNERS VII, LP INCLUDES CAPITAL CONTRIBUTED DURING THE YEAR BY THE TRUSTEES OF PRINCETON UNIVERSITY OF $5,120,058, AND THE UNIVERSITY'S SHARE OF CURRENT YEAR INCOME (LOSS) OF 1,581,829, AND CAPITAL DISTRIBUTED DURING THE YEAR TO THE TRUSTEES OF PRINCETON UNIVERSITY OF $797,525. SIERRA VENTURES IX, L.P. AND SIERRA VENTURES VIII-A, L.P. SCHEDULE L, PART IV (B) PRINCETON UNIVERSITY HOLDS LIMITED PARTNERSHIP INTERESTS IN SIERRA VENTURES VIII-A AND IX, L.P. PETER WENDELL, A PRINCETON UNIVERSITY TRUSTEE, SERVES AS AN INDIVIDUAL MANAGING DIRECTOR OF THE GENERAL PARTNER OF THESE PARTNERSHIPS. SCHEDULE L, PART IV (D) THE AMOUNT OF TRANSACTION (C) FOR SIERRA VENTURES IX, L.P. INCLUDES CAPITAL CONTRIBUTED DURING THE YEAR BY THE TRUSTEES OF PRINCETON UNIVERSITY OF $1,250,000 AND THE UNIVERSITY'S SHARE OF CURRENT YEAR INCOME (LOSS) OF ($276,786), AND CAPITAL DISTRIBUTED DURING THE YEAR TO THE TRUSTEES OF PRINCETON UNIVERSITY OF $1,781,078. THE AMOUNT OF TRANSACTION (C) FOR SIERRA VENTURES VIII-A, L.P. INCLUDES THE UNIVERSITY'S SHARE OF CURRENT YEAR INCOME (LOSS) OF ($485,091) AND CAPITAL DISTRIBUTED DURING THE YEAR TO THE TRUSTEES OF PRINCETON UNIVERSITY OF $341,879. Schedule L, Part IV (B) Princeton University holds a limited partnership interest in Nassau Capital Funds LP of 96.5054%. Nassau Capital Funds holds a limited partnership interest in Sierra Ventures VII, LP. Peter Wendell, a Princeton University Trustee, serves as an individual managing director of the general partner of Sierra Ventures VII, LP. The amount of transaction (c) for Sierra Ventures VII, LP is the University's share of current year income (loss) of (120,210). WESTBRIDGE CROSSOVER FUND, LLC SCHEDULE L, PART IV (B) PRINCETON UNIVERSITY HOLDS LIMITED PARTNERSHIP INTERESTS IN WESTBRIDGE CROSSOVER FUND, LLC. PETER WENDELL, A PRINCETON UNIVERSITY TRUSTEE, SERVES AS a senior advisor and a member of the Board of Directors to ENTITIES AFFILIATED WITH wESTbRIDGE cAPITAL. THESE ENTITIES INCLUDE WESTBRIDGE CROSSOVER FUND, LLC. SCHEDULE L, PART IV (D) THE AMOUNT OF TRANSACTION (C) FOR WESTBRIDGE CROSSOVER FUND, LLC INCLUDES CAPITAL CONTRIBUTED DURING THE YEAR BY THE TRUSTEES OF PRINCETON UNIVERSITY OF $22,910,000 AND THE UNIVERSITY'S SHARE OF CURRENT YEAR INCOME (LOSS) OF $3,754,049. X 6 117900 SEE PART II X 297399 SEE PART II X 1129 47355933 SEE PART II X 1 941500 SEE PART II X Lab. equip. 1 27000 SEE PART II 19 false true true NUMBER OF CONTRIBUTIONS Schedule M, PART I, COLUMN B AMOUNT REPRESENTS THE NUMBER OF INDIVIDUAL TRANSACTIONS OF NON-CASH CONTRIBUTIONS RECEIVED. TYPE OF PROPERTY Schedule M, PART I, LINES 1,4,18, & 25 METHOD OF DETERMINING REVENUES FOR ART WORK, BOOKS & PUBLICATIONS, COLLECTIBLES, AND OTHER (Laboratory Equipment) ARE BASED ON APPRAISAL AND OTHER VALUATION METHODS. SECURITIES Schedule M, PART I, LINE 12 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. USE OF THIRD PARTIES Schedule M, PART I, QUESTION 32B BROKERS ARE USED TO SELL CONTRIBUTED SECURITIES. THE ORGANIZATION DOES NOT USE THIRD PARTIES TO SOLICIT NONCASH CONTRIBUTIONS. FINANCIAL ACCOUNTS IN FOREIGN COUNTRIES PART V, LINE 4B CONTINUED FROM STATEMENT 2 Poland Singapore Switzerland United Kingdom BUSINESS RELATIONSHIP PART VI, SECTION A, QUESTION 2 Nancy Peretsman and Victoria Bjorklund, trustees, serve on the board of an exempt organization which employs danielle allen, a trustee (7/1/13 - 1/25/14). GOVERNING BODY PART VI, SECTION A, QUESTION 7A The Princeton University Board of Trustees consists of 38 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 PROVIDED TO ORGANIZATIONS GOVERNING BODY PART VI, SECTION B, LINE 11a 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. Conflict of Interest Policy Part VI, Section B, Line 12c 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 asked 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. DETERMINATION OF COMPENSATION PART VI, SECTION B, QUESTIONS 15a & 15b The Compensation Committee of the Board of Trustees meets every spring to set the President's compensation and the compensation levels for officers and key employees. 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 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 deliberation and decision processes. FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH PRINCETON UNIVERSITY'S WEBSITE. AVERAGE HOURS PER WEEK PART VII, SECTION A, COLUMN B 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 Charitable Foundation Limited, 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. PRINCETON CHARITABLE FOUNDATION LIMITED 19 OLD BAILEY LONDON EC4M 7EG UK 980591811 CHARITY UK 2946060 97452 PRINCETON U PRINCETON INTERNATIONAL LLC 701 Carnegie Center Princeton NJ 08540 462973166 Programs DE 240 749812 Princeton U Forrestal LLC 701 Carnegie Center Princeton NJ 08540 464991582 Holding DE 165901 36219319 Princeton U FORRESTAL INVESTMENT CORPORATION 701 CARNEGIE CENTER SUITE 445 PRINCETON NJ 08540 222968912 HOLDING CO. NJ 501(c)(2) N/A PRINCETON U true STANLEY J SEEGER HELLENIC FUND 701 CARNEGIE CENTER SUITE 445 PRINCETON NJ 08540 222266810 PROGRAMS NJ 501(c)(3) 11-TYPE I PRINCETON U true FORRESTAL AGRICULTURAL CORPORATION 701 CARNEGIE CENTER SUITE 445 PRINCETON NJ 08540 363625291 INVESTMENTS IA 501(c)(3) 11-TYPE I PRINCETON U true PRINCETON UNIVERSITY ALUMNI ORGANIZATION 701 CARNEGIE CENTER SUITE 445 PRINCETON NJ 08540 222711242 ALUMNI NJ 501(c)(3) 9 na false PRINCETON UNIVERSITY PRESS 41 William Street Princeton NJ 08540 210634483 PUBLICATIONS NJ 501(c)(3) 11-TYPE I PRINCETON U true PRINCETON IN AFRICA INC PO BOX 226 PRINCETON NJ 08542 223824520 PROGRAMS NJ 501(c)(3) 11-TYPE I PRINCETON U true PRINCETON IN ISHIKAWA INC 211 JONES HALL PRINCETON UNIVERSIT PRINCETON NJ 08544 223563022 PROGRAMS NJ 501(c)(3) 11-TYPE I PRINCETON U true PRINCETON IN BEIJING INC 211 JONES HALL PRINCETON UNIVERSIT PRINCETON NJ 08544 223779722 PROGRAMS NJ 501(c)(3) 11-TYPE I PRINCETON U true FOUNDING FATHERS PAPERS INC 701 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