Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter Social Security numbers on this form as it may be made public. By law, the IRS
generally cannot redact the information on the form.
MediumBullet Information about Form 990 and its instructions is at www.IRS.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
A For the 2013 calendar year, or tax year beginning 07-01-2013 , 2013, and ending 06-30-2014
BCheck if applicable:
CName of organization
The Trustees of Princeton University
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
701 CARNEGIE CENTER
OFFICE OF THE TREASURER Suite 445
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PRINCETON, NJ08540
D Employer identification number

21-0634501
E Telephone number

G Gross receipts $ 3,258,742,845
F Name and address of principal officer:
CHRISTOPHER L EISGRUBER
ONE NASSAU HALL
PRINCETON,NJ08544
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.PRINCETON.EDU
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1746
M State of legal domicile: NJ
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: Princeton University is a privately endowed non-sectarian institution of higher learning and a world-renowned research institution.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 38
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 32
5 Total number of individuals employed in calendar year 2013 (Part V, line 2a) ...... 5 13,869
6 Total number of volunteers (estimate if necessary) ............. 6 15,000
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a -4,561,071
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b -11,356,892
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 417,602,000 465,156,000
9 Program service revenue (Part VIII, line 2g) ......... 394,242,060 405,724,062
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... -802,196,000 1,244,486,000
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 152,743,940 163,996,938
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 162,392,000 2,279,363,000
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 284,997,258 294,649,368
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 699,261,000 809,921,000
16a Professional fundraising fees (Part IX, column (A), line 11e)..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet35,501,000    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 561,406,742 586,824,632
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 1,545,665,000 1,691,395,000
19 Revenue less expenses. Subtract line 18 from line 12....... -1,383,273,000 587,968,000
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 22,272,320,000 25,570,601,000
21 Total liabilities (Part X, line 26)............. 4,010,744,000 4,288,237,000
22 Net assets or fund balances. Subtract line 21 from line 20..... 18,261,576,000 21,282,364,000
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ............
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2013)
Form 990 (2013)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III ..............
1
Briefly describe the organization’s mission: 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.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ......................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ............................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 978,393,000 including grants of $ 203,586,000 ) (Revenue $ 311,426,000 )
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.
4b (Code:   ) (Expenses $ 429,539,000 including grants of $ 80,772,000 ) (Revenue $ 143,319,000 )
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.
4c (Code:   ) (Expenses $ 130,123,000 including grants of $   ) (Revenue $ 93,252,000 )
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.
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet1,538,055,000
Form 990 (2013)
Form 990 (2013)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment........................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part IClick to see attachment..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment........
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C,
Part III............................
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment........................
6
Yes
 
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III Click to see attachment....................
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment.........................
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII Click to see attachment.................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment....
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States?.....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IVClick to see attachment
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment
16
Yes
 
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions).... Click to see attachment
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III................... Click to see attachment
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
Form 990 (2013)
Form 990 (2013)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II... Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants or other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a................ Click to see list of attachments
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
Yes
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I........ Click to see attachment
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I................... Click to see attachment
25b
 
No
26
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If so, complete Schedule L, Part II.................... Click to see attachment
26
Yes
 
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III......... Click to see attachment
27
Yes
 
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV .......................... Click to see attachment
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If "Yes,"
complete Schedule L, Part IV..................... Click to see attachment
28b
Yes
 
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV... Click to see attachment
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M............. Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I........ Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1........................ Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2... Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2013)
Form 990 (2013)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V ..............
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
11,490
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
13,869
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?..........................
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletBR , CA , CI , CH , GR , HK , EI , LU , MY , NL
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
Yes
 
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
1
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?............................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?............................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?............
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?..........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?.......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year. ....................
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
Form 990 (2013)
Form 990 (2013)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI ..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year .....................
1a
38
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent ...................
1b
32
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
Yes
 
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
Yes
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done.......................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization:
MediumBulletCONTROLLEROFFICE OF FINTRE701 CARNEGIE CENTERPRINCETONNJ08540 (609) 258-3080
Form 990 (2013)
Form 990 (2013)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII ..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) ALLEN DANIELLE........................................................................
TRUSTEE
 5.0
.......................   		X                
(2) AMMAH-TAGOE AKU........................................................................
TRUSTEE
 5.0
.......................   		X                
(3) AYALA JAIME I........................................................................
trustee
 5.0
.......................   		X                
(4) BARRON THOMAS A........................................................................
TRUSTEE
 5.0
.......................   		X                
(5) BERG A SCOTT........................................................................
TRUSTEE
 5.0
.......................   		X                
(6) Bjorklund Victoria........................................................................
Trustee
 5.0
.......................   		X                
(7) BOYLE KIM M........................................................................
TRUSTEE
 5.0
.......................   		X                
(8) CHRISTIE CHRISTOPHER........................................................................
TRUSTEE
 5.0
.......................   		X                
(9) Bradley Katherine Brittain........................................................................
Trustee
 5.0
.......................   		X                
(10) Chin Denny........................................................................
Trustee
 5.0
.......................   		X                
(11) DAVIs PYPER........................................................................
TRUSTEE
 6.0
.......................   		X                
(12) DIEKMAN JOHN D........................................................................
TRUSTEE
 6.0
.......................   		X                
(13) FERENBACH III CARL........................................................................
TRUSTEE
 5.0
.......................   		X                
(14) FORD HENRI R........................................................................
TRUSTEE
 5.0
.......................   		X                
(15) FORESE LAURA L........................................................................
TRUSTEE
 6.0
.......................   		X                
(16) GIBSON CHARLES D........................................................................
TRUSTEE
 6.0
.......................   		X                
(17) GREHAN FRANCIS JOSHUA........................................................................
TRUSTEE
 5.0
.......................   		X                
Form 990 (2013)
Form 990 (2013)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) GROVES ANGELA A........................................................................
TRUSTEE
 5.0
.......................   		X                
(19) HALL KATHRYN A........................................................................
TRUSTEE
 10.0
.......................   		X                
(20) HAMMARSKJOLD PHILIP U........................................................................
TRUSTEE
 15.0
.......................   		X                
(21) HENRY BRENT L........................................................................
TRUSTEE
 7.0
.......................   		X                
(22) HUGIN ROBERT J........................................................................
TRUSTEE
 5.0
.......................   		X                
(23) KENNEDY RANDALL L........................................................................
TRUSTEE
 5.0
.......................   		X                
(24) LEACH STEVEN D........................................................................
TRUSTEE
 5.0
.......................   		X                
(25) MATHARU KANWAL........................................................................
TRUSTEE
 5.0
.......................   		X                
(26) MILLER HEIDI G........................................................................
TRUSTEE
 6.0
.......................   		X                
(27) MORSE LAurence c........................................................................
TRUSTEE
 5.0
.......................   		X                
(28) MURLEY ROBERT S........................................................................
TRUSTEE
 7.0
.......................   		X                
(29) NIX-HINES CRYSTAL........................................................................
TRUSTEE
 6.0
.......................   		X                
(30) PERETSMAN NANCY B........................................................................
TRUSTEE
 6.0
.......................   		X                
(31) ROSA MARGARITA........................................................................
TRUSTEE
 5.0
.......................   		X                
(32) SAMS LOUISE S........................................................................
TRUSTEE
 6.0
.......................   		X                
(33) simmons ruth j........................................................................
TRUSTEE
 5.0
.......................   		X                
(34) wendell peter c........................................................................
TRUSTEE
 5.0
.......................   		X                
(35) WUDUNN SHERYL........................................................................
TRUSTEE
 5.0
.......................   		X                
(36) wynne john o........................................................................
TRUSTEE
 5.0
.......................   		X                
(37) YEH C JAMES........................................................................
TRUSTEE
 5.0
.......................   		X                
(38) ZHU MIN........................................................................
TRUSTEE
 5.0
.......................   		X                
(39) EISGRUBER CHRISTOPHER........................................................................
PRESIDENT
 50.0
.......................   		X   X       705,008 0 57,392
(40) AINSLIE CAROLYN........................................................................
VP FOR FINANCE/TREASURER
 50.0
.......................   		    X       450,693 0 63,299
(41) cherrey cynthia........................................................................
VICE PRESIDENT FOR CAMPUS LIFE
 50.0
.......................   		    X       316,585 0 47,193
(42) dominick james........................................................................
VP FOR INFO. TECHNOLOGY & CIO
 50.0
.......................   		    X       333,205 0 56,633
(43) DURKEE ROBERT........................................................................
VICE PRESIDENT & SECRETARY
 50.0
.......................   		    X       406,720 0 48,988
(44) GOLDEN ANDREW........................................................................
PRESIDENT,P.U.INVESTMENT CO.
 50.0
.......................   		    X       2,650,706 0 774,431
(45) KLAUS CHAD........................................................................
VP FOR UNIVERSITY SERVICES
 50.0
.......................   		    X       285,593 0 46,697
(46) LEE DAVID........................................................................
PROVOST
 50.0
.......................   		    X       443,469 0 48,858
(47) MCDONOUGH PETER........................................................................
GENERAL COUNSEL
 50.0
.......................   		    X       433,232 0 55,985
(48) MCKAY MICHAEL........................................................................
VICE PRESIDENT FOR FACILITIES
 50.0
.......................   		    X       331,756 0 52,293
(49) SHROFF NILUFER........................................................................
CHIEF AUDIT&COMPLIANCE OFFICER
 50.0
.......................   		    X       278,671 0 53,496
(50) SULLIVAN-CROWLEYLIANNE........................................................................
VICE PRESIDENT OF HR
 50.0
.......................   		    X       317,821 0 53,698
(51) williams treby........................................................................
Executive Vice President
 50.0
.......................   		    X       278,688 0 59,326
(52) WOOD ELIZABETH........................................................................
VP FOR OFFICE OF DEVELOPMENT
 50.0
.......................   		    X       460,633 0 54,053
(53) DEBENEDETTI PABLO........................................................................
DEAN FOR RESEARCH
 50.0
.......................   		      X     343,380 0 68,486
(54) DOBKIN DAVID........................................................................
DEAN OF THE FACULTY
 50.0
.......................   		      X     717,335 0 70,243
(55) KULKARNI SANJEEV........................................................................
DEAN OF THE GRADUATE SCHOOL
 50.0
.......................   		      X     244,847 0 62,659
(56) RUSSEL WILLIAM........................................................................
DEAN OF THE GRADUATE SCHOOL
 50.0
.......................   		      X     352,769 0 50,779
(57) SMITH STEWART AJ........................................................................
VP PPPL/PROF/FMR DEAN OF RES.
 50.0
.......................   		      X     357,076 0 54,457
(58) SMITH VALERIE........................................................................
DEAN OF COLLEGE
 50.0
.......................   		      X     353,249 0 49,380
(59) ERICKSON JONATHAN........................................................................
MANAGING DIRECTOR OF PRINCO
 50.0
.......................   		        X   1,991,046 0 569,894
(60) millar james........................................................................
MANAGING DIRECTOR OF PRINCO
 50.0
.......................   		        X   936,382 0 333,910
(61) NAKAMURA CARA........................................................................
PRINCIPAL, PRINCO
 50.0
.......................   		        X   689,719 0 187,315
(62) RIEDL DREW........................................................................
MANAGING DIRECTOR OF PRINCO
 50.0
.......................   		        X   1,202,815 0 309,110
(63) SCHEINKMAN JOSE........................................................................
Professor of Economics
 50.0
.......................   		        X   736,209 0 44,960
(64) TILGHMAN SHIRLEY........................................................................
PROFESSOR/FORMER PRESIDENT
 50.0
.......................   		          X 881,727 0 81,369
(65) BURSTEIN MARK........................................................................
Former EXECUTIVE VP
 50.0
.......................   		          X 290,077 0 42,318
(66) MALKIEL NANCY WEISS........................................................................
PROF/FORMER DEAN OF COLLEGE
 50.0
.......................   		          X 325,101 0 52,101
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 17,114,512 0 3,449,323
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet1,407
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
STEVEN HOLL ARCHITECT PC, 450WEST 31ST STREET 11TH FLOORNEW YORKNY10001 ARCHITECTURE 7,211,889
Huron Consulting Services LLC, 550 W Van Buren StreetCHICAGOIL60607 Consulting 11,817,664
First Transit Inc, 22192 Network PlaceCHICAGOIL60673 Transportation 4,016,305
KPMB ARCHITECTS, 322 KING STREET WEST 3RD FLOORTORONTO0CAM5V 1J2 ARCHITECTURE 4,060,506
SHEPLEY BULFINCH RICHARDSON ABBOT, 2 SEAPORT LANeBOSTONMA02210 ARCHITECTURE 6,414,379
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet357
Form 990 (2013)
Form 990 (2013)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII .............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512-514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c 216,115
d Related organizations...1d  
e Government grants (contributions)1e 272,280,000
f All other contributions, gifts, grants, and
similar amounts not included above1f 		192,659,885
g Noncash contributions included in lines
1a-1f:$ 		48,740,000
h Total. Add lines 1a-1f.......MediumBullet 465,156,000
Program Service RevenueAmt Business Code
2a TUITION AND FEES 900099 311,426,000 311,426,000    
b SALES AND SERVICES OF AUXILLARY ACTIVITIES 900099 93,318,124 93,318,124    
c CONFERENCE/EVENT SERVICES 812900 500,677   500,677  
d ADVERTISING 511120 471,682   471,682  
e FOOD SERVICES 722320 7,579   7,579  
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 405,724,062
OtherAmt RevenueAmt 3 Investment income (including dividends, interest, and other similar amounts).......MediumBullet 1,227,923,000   -5,558,064 1,233,481,064
4 Income from investment of tax-exempt bond proceeds..MediumBullet 12,000     12,000
5 Royalties...........MediumBullet 143,319,491 143,319,491    
(i) Real (ii) Personal
6a Gross rents 13,136,000  
b Less: rental expenses 7,297,000  
c Rental income or (loss) 5,839,000 0
d Net rental income or (loss).......MediumBullet 5,839,000     5,839,000
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 982,988,000 5,523,000
b Less: cost or other basis and sales expenses 962,808,000 9,152,000
c Gain or (loss) 20,180,000 -3,629,000
d Net gain or (loss)..........MediumBullet 16,551,000     16,551,000
8a Gross income from fundraising events (not including
$ 216,115
of contributions reported on line 1c). See Part IV, line 18 ..
a 52,865
b Less: direct expenses ...b 122,845
c Net income or (loss) from fundraising events..MediumBullet -69,980   -69,980
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet 0      
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet 0      
Miscellaneous Revenue Business Code
11a OTHER REVENUE 211110 14,908,427   17,055 14,891,372
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet 14,908,427
12 Total revenue. See Instructions......MediumBullet 2,279,363,000 548,063,615 -4,561,071 1,270,704,456
Form 990 (2013)
Form 990 (2013)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX ...............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21 10,291,451 10,291,451
2 Grants and other assistance to individuals in the United States. See Part IV, line 22 266,296,118 266,296,118
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 18,061,799 18,061,799
4 Benefits paid to or for members 0  
5 Compensation of current officers, directors, trustees, and key employees .... 11,476,000 4,454,000 6,494,000 528,000
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 1,587,000 1,585,000 2,000  
7 Other salaries and wages 556,562,000 507,331,000 30,144,000 19,087,000
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 52,724,000 48,659,000 2,475,000 1,590,000
9 Other employee benefits ....... 151,432,000 139,103,000 7,732,000 4,597,000
10 Payroll taxes ........... 36,140,000 33,156,000 1,884,000 1,100,000
11 Fees for services (non-employees):        
a Management ...... 798,000   798,000  
b Legal ......... 5,205,000 964,000 3,687,000 554,000
c Accounting ........... 934,000   934,000  
d Lobbying ........... 139,000   139,000  
e Professional fundraising services. See Part IV, line 17 0  
f Investment management fees ...... 1,385,000   1,385,000  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........ 9,158,000 3,102,000 3,694,000 2,362,000
12 Advertising and promotion .... 3,198,000 1,885,000 770,000 543,000
13 Office expenses ....... 127,350,000 89,552,000 35,843,000 1,955,000
14 Information technology ...... 18,767,000 16,007,000 1,408,000 1,352,000
15 Royalties .. 0      
16 Occupancy ........... 48,089,000 46,844,000 1,048,000 197,000
17 Travel ............ 25,925,000 21,262,000 3,817,000 846,000
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ...... 0      
19 Conferences, conventions, and meetings .... 9,681,000 8,808,000 636,000 237,000
20 Interest ........... 125,429,000 115,419,000 9,997,000 13,000
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization ..... 127,040,000 124,852,000 1,823,000 365,000
23 Insurance .............. 2,288,000 2,229,000 50,000 9,000
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a INVENTOR SHARE OF ROYALTY INC. 43,143,000 43,143,000    
b SUBCONTRACTS 33,988,000 33,988,000    
c OTHER EXPENSES 4,307,632 1,062,632 3,079,000 166,000
d
e All other expenses        
25 Total functional expenses. Add lines 1 through 24e 1,691,395,000 1,538,055,000 117,839,000 35,501,000
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2013)
Form 990 (2013)
Page 11
Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ............. 3,449,000 1 4,788,000
2 Savings and temporary cash investments ......... 350,149,000 2 342,719,000
3 Pledges and grants receivable, net ........... 341,951,000 3 291,261,000
4 Accounts receivable, net ............. 5,938,000 4 2,615,000
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................
4,391,545 5 4,372,027
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
0 6 0
7 Notes and loans receivable, net ............. 361,914,455 7 362,062,973
8 Inventories for sale or use .............. 4,565,000 8 6,407,000
9 Prepaid expenses and deferred charges .......... 17,998,000 9 22,912,000
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 4,815,846,000
b Less: accumulated depreciation ..... 10b 1,268,203,000 3,269,218,000 10c 3,547,643,000
11 Investments—publicly traded securities .......... 680,222,000 11 609,211,000
12 Investments—other securities. See Part IV, line 11 ..... 17,232,524,000 12 20,376,610,000
13 Investments—program-related. See Part IV, line 11 ..... 0 13 0
14 Intangible assets ............... 0 14 0
15 Other assets. See Part IV, line 11 ........... 0 15 0
16 Total assets. Add lines 1 through 15 (must equal line 34)...... 22,272,320,000 16 25,570,601,000
Liabilities 17 Accounts payable and accrued expenses ......... 304,426,000 17 292,484,000
18 Grants payable ................. 0 18 0
19 Deferred revenue ................ 153,628,000 19 145,032,000
20 Tax-exempt bond liabilities ............. 1,756,851,000 20 1,878,663,000
21 Escrow or custodial account liability. Complete Part IV of Schedule D.. 0 21 0
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L.......... 0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 44,572,000 23 45,636,000
24 Unsecured notes and loans payable to unrelated third parties .... 1,234,144,000 24 1,307,454,000
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D.................... 517,123,000 25 618,968,000
26 Total liabilities. Add lines 17 through 25......... 4,010,744,000 26 4,288,237,000
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets .............. 6,778,897,000 27 8,128,317,000
28 Temporarily restricted net assets ........... 9,716,400,000 28 11,334,911,000
29 Permanently restricted net assets ........... 1,766,279,000 29 1,819,136,000
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds ........   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ........... 18,261,576,000 33 21,282,364,000
34 Total liabilities and net assets/fund balances ........ 22,272,320,000 34 25,570,601,000
Form 990 (2013)
Form 990 (2013)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI ..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
2,279,363,000
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
1,691,395,000
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
587,968,000
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
18,261,576,000
5
Net unrealized gains (losses) on investments ...............
5
2,153,070,103
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
279,749,897
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
 
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
21,282,364,000
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII .............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2013)
Form 990, Special Condition Description:
Special Condition Description
Additional Data


Software ID:  
Software Version:  
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
right arrow Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number

21-0634501
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the supported organization? ................
11g(i)
 
 
(ii) A family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) A 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) (iv) Is the organization in col. (i) listed in your governing document? (v) Did you notify the organization in col. (i) of your support? (vi) Is the organization in col. (i) organized in the U.S.? (vii) Amount of monetary support
Yes No Yes No Yes No
Total  

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... 442,782,000 482,429,000 580,670,000 417,602,000 465,156,000 2,388,639,000
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......           0
3 The value of services or facilities furnished by a governmental unit to the organization without charge..           0
4 Total. Add lines 1 through 3 442,782,000 482,429,000 580,670,000 417,602,000 465,156,000 2,388,639,000
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. 0
6 Public support. Subtract line 5 from line 4. 2,388,639,000
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
7 Amounts from line 4.. 442,782,000 482,429,000 580,670,000 417,602,000 465,156,000 2,388,639,000
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 761,608,226 804,802,978 571,068,239 342,640,279 1,390,291,772 3,870,411,494
9 Net income from unrelated business activities, whether or not the business is regularly carried on..           0
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.).. 9,329,082 13,253,735 17,871,914 13,173,114 14,891,372 68,519,217
11 Total support (Add lines 7 through 10). 6,327,569,711
12
12
1,876,579,308
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization, check this box and stop here.................................................right arrow
Section C. Computation of Public Support Percentage
14
14
37.750 %
15
15
0 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 4
Part IV
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
 
 
 
 
Schedule A (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Name of the organization
The Trustees of Princeton University
 
Employer identification number

21-0634501
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......................... Arrow Bullet $  
Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 2
Name of organization
The Trustees of Princeton University
  		Employer identification number

21-0634501
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

   
RESTRICTED
RESTRICTED
RESTRICTED, RESTRICTEDRESTRICTED

$RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 3
Name of organization
The Trustees of Princeton University
  		Employer identification number

21-0634501
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 4
Name of organization
The Trustees of Princeton University
  		Employer identification number

21-0634501
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Additional Data


Software ID:  
Software Version:  
SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet Complete if the organization is described below.SchCMd Bullet Attach to Form 990 or Form 990-EZ.
SchCMd Bullet See separate instructions.SchCMd Bullet Information about Schedule C (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
If the organization answered "Yes" to Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" to Form 990, Part IV, Line 5 (Proxy Tax) or Form 990-EZ, Part V, line 35c (Proxy Tax), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
The Trustees of Princeton University
 
Employer identification number

21-0634501
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV.
2
Political expenditures ....................................SchCMd Bullet
$  
3
Volunteer hours ........................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 .........SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 ......SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............
4a
Was a correction made? .........................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ...................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b..SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ..........................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.










For Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2013

Schedule C (Form 990 or 990-EZ) 2013
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check SchCMd Bulletexpenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group
totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......    
b Total lobbying expenditures to influence a legislative body (direct lobbying) ....... 287,782 287,782
c Total lobbying expenditures (add lines 1a and 1b) ................... 287,782 287,782
d Other exempt purpose expenditures ........................ 1,691,395,000 1,724,405,368
e Total exempt purpose expenditures (add lines 1c and 1d) ............... 1,691,682,782 1,724,693,150
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		 1,000,000 1,000,000
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) ................. 250,000 250,000
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ......................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the instructions for lines 2a through 2f on page 4.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2010 (b) 2011 (c) 2012 (d) 2013 (e) Total
2a Lobbying nontaxable amount 1,000,000 1,000,000 1,000,000 1,000,000 4,000,000
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		6,000,000
c Total lobbying expenditures 340,190 321,495 236,700 287,782 1,186,167
d Grassroots nontaxable amount 250,000 250,000 250,000 250,000 1,000,000
e Grassroots ceiling amount
(150% of line 2d, column (e))		 1,500,000
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2013


Schedule C (Form 990 or 990-EZ) 2013
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response to lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
No
Yes
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? .........................................
 
 
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....
 
 
c
Media advertisements? ....................................
 
 
 
d
Mailings to members, legislators, or the public? .........................
 
 
 
e
Publications, or published or broadcast statements? .......................
 
 
 
f
Grants to other organizations for lobbying purposes? .......................
 
 
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
 
 
 
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
 
 
i
Other activities? ..........................
 
 
 
j
Total. Add lines 1c through 1i ...............................
 
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
 
b
If "Yes," enter the amount of any tax incurred under section 4912 .................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .......
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? ..........
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members .....................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a
Current year .........................................
2a
 
b
Carryover from last year ....................................
2b
 
c
Total ............................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) ..............
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, line 2; and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
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
Schedule C (Form 990 or 990EZ) 2013

Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions. SchDMd Bullet Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number

21-0634501
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........   1
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) .....    
4 Aggregate value at end of year ........   105,716
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register .................... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $ 1,356,799
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $ 212,688,947
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
DIGITAL COLLECTIONS
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIII and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current year (b)Prior year b (c)Two years back (d)Three years back (e)Four years back
1a Beginning of year balance .... 17,328,783,000 16,068,576,000 16,176,391,000 13,502,506,000 11,612,485,000
b Contributions ........ 210,421,000 153,855,000 123,356,000 460,527,000 869,169,000
c Net investment earnings, gains, and losses 3,648,181,000 1,876,905,000 476,360,000 2,877,289,000 1,660,434,000
d Grants or scholarships ..... 166,802,000 161,792,000 149,054,000 145,619,000 152,004,000
e Other expenditures for facilities
and programs ........ 		630,082,000 586,911,000 537,997,000 500,250,000 472,918,000
f Administrative expenses .... 25,537,000 21,850,000 20,480,000 18,062,000 14,660,000
g End of year balance ...... 20,364,964,000 17,328,783,000 16,068,576,000 16,176,391,000 13,502,506,000
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet39.000 %
b
Permanent endowment SchDMd Bullet8.000 %
c
Temporarily restricted endowment SchDMd Bullet53.000 %
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
Yes
 
(ii) related organizations ........................
3a(ii)
Yes
 
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
Yes
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ................. 46,100,000 108,910,000 155,010,000
b Buildings ................   3,877,432,000 1,008,407,000 2,869,025,000
c Leasehold improvements ............        
d Equipment ................   295,228,000 138,958,000 156,270,000
e Other .................   488,176,000 120,838,000 367,338,000
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 3,547,643,000
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 3
Part VII
Investments—Other Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
(3)Other
(A) INVESTMENTS LTD. PARTNERSHIPS 		20,083,116,000 F

(B) BOND PROCEED AWAITING DRAWDOWN 		81,470,000 F

(C) PLANNED GIVING INVESTMENTS 		211,030,000 F

(D) FUNDS SEPARATELY INVESTED 		832,000 F

(E) SECURITY GIFTS AWAITING LIQUID 		162,000 F




Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 20,376,610,000
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
Federal income taxes 0
DEP HELD IN CUSTODY FOR OTHERS 148,363,000
LIAB.-PLANNED GIVING ARRANGEME 96,680,000
FEDERAL LOAN PROGRAMS 6,671,000
POST RETIREMENT BENEFITS 367,254,000





Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 618,968,000
2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII ..................................................
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b....................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d...................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b....................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
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.
Schedule D (Form 990) 2013

Additional Data


Software ID:  
Software Version:  




SCHEDULE E(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Schools
Right pointing arrow large imageComplete if the organization answered "Yes" to Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image Information about Schedule E (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number

21-0634501
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? ......................
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? ......................................
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during
the period of solicitation for students, or during the registration period if it has no solicitation program, in a way
that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"
please explain. If you need more space use Part II. .............................
3
Yes
 
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? ..........
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? ...............................................
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? ...........................
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? ..............
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? .....................................
5a
 
No
b
Admissions policies? .........................................
5b
 
No
c
Employment of faculty or administrative staff? ..............................
5c
 
No
d
Scholarships or other financial assistance? ................................
5d
 
No
e
Educational policies? .........................................
5e
 
No
f
Use of facilities? ...........................................
5f
 
No
g
Athletic programs? ..........................................
5g
 
No
h
Other extracurricular activities? .....................................
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? ...........
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? ...................
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II.
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) 2013
Schedule E (Form 990 or 990EZ) 2013
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also complete this part to provide any other additional information (see instructions).
Return Reference Explanation
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.
Schedule E (Form 990 or 990-EZ) 2013
Additional Data


Software ID:  
Software Version:  
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.Right pointing arrow large image Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number

21-0634501
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 14b.
1
For grantmakers.Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? ...............................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in region (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total expenditures
for and investments
in region
Central America and the Caribbean   157 Program Services RES,EDU,TRAVEL,CONSULT 405,149
East Asia and the Pacific   433 Program Services RES,EDU,TRAVEL,CONSULT 2,730,224
Europe (Including Iceland and Greenland) 5 1,990 Program Services RES,EDU,TRAVEL,CONSULT 9,485,794
Middle East and North Africa   122 Program Services RES,EDU,TRAVEL,CONSULT 661,764
North America   133 Program Services RES,EDU,TRAVEL,CONSULT 693,247
Russia and the Newly Independent States 1 71 Program Services RES,EDU,TRAVEL,CONSULT 266,362
South America   140 Program Services RES,EDU,TRAVEL,CONSULT 1,092,862
South Asia   72 Program Services RES,EDU,TRAVEL,CONSULT 227,358
Sub-Saharan Africa 1 461 Program Services RES,EDU,TRAVEL,CONSULT 2,499,039
Central America and the Caribbean     Investments   5,441,485,491
North America     Investments   131,042,951
East Asia and the Pacific 1   Investments   168,078,040
Europe (Including Iceland and Greenland)     Investments   857,038,916
Sub-Saharan Africa     Investments   375,839,595
           
           
           
3a Sub-total ..... 8 3,579 6,991,546,792
b Total from continuation sheets to Part I ...      
c Totals (add lines 3a and 3b) 8 3,579 6,991,546,792
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
Central America and the Caribbean RES/EDU/TRAV/CONSULT 146,788 check   N/A N/A
East Asia and the Pacific RES/EDU/TRAV 1,827,006 check   N/A N/A
Europe (Including Iceland and Greenland) RES/EDU/TRAV/CONSULT 5,570,878 check   N/A N/A
Middle East and North Africa RES/EDU/TRAVEL/CONSULT 381,742 check   N/A N/A
North America RES/EDU/TRAVEL/CONSULT 391,046 check   N/A N/A
Russia and the Newly Independent States RES/EDU/TRAV/CONSUL 101,721 check   N/A N/A
South America RES/EDU/TRAV/CONSUL 801,822 check   N/A N/A
South Asia RES/EDU/TRAV/CONSUL 63,178 check   N/A N/A
Sub-Saharan Africa RES/EDU/TRAV/CONSUL 1,642,685 check   N/A N/A
             
             
             
             
             
             
             
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter ....MediumBullet
66
3
Enter total number of other organizations or entities .......................MediumBullet
138
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
SCHOLARSHIP/FELLOWSHIP Central America and the Caribbean 41 258,361 credit      
SCHOLARSHIP/FELLOWSHIP East Asia and the Pacific 228 903,219 credit      
SCHOLARSHIP/FELLOWSHIP Europe (Including Iceland and Greenland) 881 3,914,915 credit      
SCHOLARSHIP/FELLOWSHIP Middle East and North Africa 64 280,022 credit      
SCHOLARSHIP/FELLOWSHIP North America 214 302,201 credit      
SCHOLARSHIP/FELLOWSHIP Russia and the Newly Independent States 35 164,641 credit      
SCHOLARSHIP/FELLOWSHIP South America 46 291,040 credit      
SCHOLARSHIP/FELLOWSHIP South Asia 76 164,180 credit      
SCHOLARSHIP/FELLOWSHIP Sub-Saharan Africa 133 856,354 Credit      
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes,"the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926)......................................
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A).......................................
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621)...............................................
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships. (see Instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see Instructions for Form 5713)................................................
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).
ReturnReference Explanation
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.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2013
Additional Data


Software ID:  
Software Version:  



SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ. right arrowSee separate instructions.
right arrowInformation about Schedule G (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number

21-0634501
Part I
Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.
(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
             
             
             
             
             
             
             
             
             
             
Total .................right arrow      
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
For Paperwork Reduction Act Notice, see the Instructions for Form 990or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2013
Schedule G (Form 990 or 990-EZ) 2013
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.
(a) Event #1

puam gala
(event type) 		(b) Event #2

 
(event type) 		(c) Other events

0
(total number) 		(d) Total events
(add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . . 268,980     268,980
2 Less: Contributions . . 216,115     216,115
3 Gross income (line 1
minus line 2) . . . 		52,865     52,865
VerticalDirectExpenses 4 Cash prizes . . .        
5 Noncash prizes . .        
6 Rent/facility costs . .        
7 Food and beverages . 60,832     60,832
8 Entertainment . . . 12,004     12,004
9 Other direct expenses . 50,009     50,009
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow 122,845
11 Net income summary. Subtract line 10 from line 3, column (d)........... right arrow -69,980
Part III
Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue (a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))
1 Gross revenue . . . .        
VerticalDirectExpenses 2 Cash prizes . . . .        
3 Non-cash prizes . . .        
4 Rent/facility costs . . .        
5 Other direct expenses . .        
6 Volunteer labor . . .
%
%
%
7 Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow  
8 Net gaming income summary. Subtract line 7 from line 1, column (d) ......... right arrow  
9
Enter the state(s) in which the organization operates gaming activities:
a
Is the organization licensed to operate gaming activities in each of these states? ............
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....
b
If "Yes," explain:
 
Schedule G (Form 990 or 990-EZ) 2013
Schedule G (Form 990 or 990-EZ) 2013
Page 3
11
Does the organization operate gaming activities with nonmembers? .................
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? ..........................
13
Indicate the percentage of gaming activity operated in:
a
The organization's facility ......................
13a
%
b
An outside facility ........................
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? ......................................
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ............................
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also complete this part to provide any additional information (see instructions).
Return Reference Explanation
Schedule G (Form 990 or 990-EZ) 2013
Additional Data


Software ID:  
Software Version:  
Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
lBullet Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number
21-0634501
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) PRINCETON
400 witherspoon street
PRINCETON,NJ08540 		30-0746654 GOVERNMENT 2,632,500       CONTRIBUTION
(2) PRINCETON FIRST AID AND RESCUE SQUAD
PO BOX 529
PRINCETON,NJ085420529 		23-7140015 501 (C)(3) 35,000       CONTRIBUTION
(3) PRINCETON FIRE DEPARTMENT
400 witherspoon street
PRINCETON,NJ08540 		30-0746654 GOVERNMENT 55,000       CONTRIBUTION
(4) STONY BROOK MILLSTONE WATERSHED
31 TITUS MILL RD
PENNINGTON,NJ08534 		21-0649717 501 (C)(3) 15,000       CONTRIBUTION
(5) UNITED WAY OF GREATER MERCER COUNTY
3131 PRINCETON PIKEBLDG 2
LAWRENCEVILLE,NJ08648 		21-0683073 501 (c)(3) 20,506       CONTRIBUTION
(6) WEST WINDSOR TOWNSHIP
271 CLARKSVILLE ROAD
WEST WINDSOR,NJ08550 		21-6001354 GOVERNMENT 55,338       CONTRIBUTION
(7) ENVIRONMENTAL DEFENSE FUND
257 PARK AVNEUE SOUTH
NEW YORK,NY10010 		11-6107128 501(C)(3) 253,067       CONTRIBUTION
(8) THE FOOD PROJECT INC
10 LEWIS STREET
LINCOLN,MA01773 		04-3262532 501(C)(3) 55,903       CONTRIBUTION
(9) PU CLASS OF 1969 COMMUNITY SERVICE FUND
PO BOX 261
PRINCETON,NJ08542 		22-3436451 501(C)(3) 74,820       CONTRIBUTION
(10) ROBERTSON FOUNDATION FOR GOVERNMENT INC
14255 US HIGHWAY 1
JUNO BEACH,FL33408 		20-4630877 501(C)(3) 6,300,000       CONTRIBUTION
(11) PRINCETON HEALTHCARE SYSTEM
253 WITHERSPOON STREET
PRINCETON,NJ08540 		21-0635009 501(C)(3) 400,000       CONTRIBUTION
(12) BARNARD COLLEGE
3009 BROADWAY
NEW YORK,NY10027 		13-1628149 501(C)(3) 56,469       CONTRIBUTION
(13) climate central inc
1 Palmer Sq Ste 330
Princeton,NJ08542 		26-1797336 501(c)(3) 92,709       contribution
(14) PRINCETON PUBLIC LIBRARY FOUNDATION
65 WITHERSPOON ST
PRINCETON,NJ08542 		22-3494366 501(C)(3) 53,000       CONTRIBUTION
(15) Princeton School Gardens Cooperative
211 N HARRISON STREET SUITE A
PRINCETON,NJ08540 		26-3722541 501(C)(3) 12,000       CONTRIBUTION
(16) VERA INSTITUTE OF JUSTICE INC
233 BROADWAY 12TH FLOOR
NEW YORK,NY10279 		13-1941627 501(C)(3) 93,363       CONTRIBUTION
(17) Princeton-Blairstown Center
350 Alexander Road
Princeton,NJ08540 		22-6075831 501(c)(3)   68,394 FMV Office Space Contribution
(18) Princeton-Blairstown Center
350 Alexander Road
Princeton,NJ08540 		22-6075831 501(c)(3) 18,382       Contribution
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image
17
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2013

Schedule I (Form 990) 2013
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance
(1) UNDERGRADUATE STUDENTS-SCHOLARSHIPS FOR TUITION 4436 119,817,593      
(2) UNDERGRADUATE STUDENTS-SCHOLARSHIPS NON-TUITION 987 4,962,096      
(3) GRADUATE STUDENTS-FELLOWSHIPS FOR TUITION 2503 92,235,709      
(4) GRADUATE STUDENTS-FELLOWSHIPS FOR NON-TUITION 1278 49,280,720      






Part IV
Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
Return Reference Explanation
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.
Schedule I (Form 990) 2013


Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
SchJMediumBullet Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
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 in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in 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 in 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.
4
During the year, did any person listed in 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
Yes
 
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) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in 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," to line 5a or 5b, describe in Part III.
6
For persons listed in 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," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported in 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" to 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) 2013

Schedule J (Form 990) 2013
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 in 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
reported as deferred
in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1)AINSLIE CAROLYNVP FOR FINANCE/TREASURER (i)
(ii)		 417,516
0 		0
0 		33,177
0 		31,769
0 		31,530
0 		513,992
0 		0
0
(2)BURSTEIN MARKFormer EXECUTIVE VP (i)
(ii)		 265,972
0 		0
0 		24,105
0 		31,769
0 		10,549
0 		332,395
0 		0
0
(3)cherrey cynthiaVICE PRESIDENT FOR CAMPUS LIFE (i)
(ii)		 310,043
0 		0
0 		6,542
0 		31,769
0 		15,424
0 		363,778
0 		0
0
(4)DEBENEDETTI PABLODEAN FOR RESEARCH (i)
(ii)		 305,716
0 		0
0 		37,664
0 		31,769
0 		36,717
0 		411,866
0 		0
0
(5)DOBKIN DAVIDDEAN OF THE FACULTY (i)
(ii)		 430,016
0 		0
0 		287,319
0 		31,769
0 		38,474
0 		787,578
0 		0
0
(6)dominick jamesVP FOR INFO. TECHNOLOGY & CIO (i)
(ii)		 319,314
0 		0
0 		13,891
0 		31,769
0 		24,864
0 		389,838
0 		0
0
(7)DURKEE ROBERTVICE PRESIDENT & SECRETARY (i)
(ii)		 380,543
0 		0
0 		26,177
0 		31,769
0 		17,219
0 		455,708
0 		0
0
(8)EISGRUBER CHRISTOPHERPRESIDENT (i)
(ii)		 644,516
0 		0
0 		60,492
0 		31,769
0 		25,623
0 		762,400
0 		0
0
(9)ERICKSON JONATHANMANAGING DIRECTOR OF PRINCO (i)
(ii)		 642,016
0 		1,282,562
0 		66,468
0 		544,317
0 		25,577
0 		2,560,940
0 		877,062
0
(10)GOLDEN ANDREWPRESIDENT,P.U.INVESTMENT CO. (i)
(ii)		 782,016
0 		1,785,606
0 		83,084
0 		729,031
0 		45,400
0 		3,425,137
0 		1,235,101
0
(11)KLAUS CHADVP FOR UNIVERSITY SERVICES (i)
(ii)		 278,465
0 		0
0 		7,128
0 		31,769
0 		14,928
0 		332,290
0 		0
0
(12)KULKARNI SANJEEVDEAN OF THE GRADUATE SCHOOL (i)
(ii)		 182,137
0 		0
0 		62,710
0 		29,239
0 		33,420
0 		307,506
0 		0
0
(13)LEE DAVIDPROVOST (i)
(ii)		 409,876
0 		0
0 		33,593
0 		31,769
0 		17,088
0 		492,326
0 		0
0
(14)MALKIEL NANCY WEISSPROF/FORMER DEAN OF COLLEGE (i)
(ii)		 313,180
0 		0
0 		11,921
0 		31,769
0 		20,332
0 		377,202
0 		0
0
(15)MCDONOUGH PETERGENERAL COUNSEL (i)
(ii)		 405,112
0 		0
0 		28,120
0 		31,769
0 		24,216
0 		489,217
0 		0
0
(16)MCKAY MICHAELVICE PRESIDENT FOR FACILITIES (i)
(ii)		 318,181
0 		0
0 		13,575
0 		31,769
0 		20,524
0 		384,049
0 		0
0
(17)millar jamesMANAGING DIRECTOR OF PRINCO (i)
(ii)		 410,016
0 		499,594
0 		26,772
0 		302,517
0 		31,393
0 		1,270,292
0 		46,208
0
(18)NAKAMURA CARAPRINCIPAL, PRINCO (i)
(ii)		 269,554
0 		412,689
0 		7,476
0 		161,948
0 		25,367
0 		877,034
0 		0
0
(19)RIEDL DREWMANAGING DIRECTOR OF PRINCO (i)
(ii)		 418,000
0 		759,541
0 		25,274
0 		292,917
0 		16,193
0 		1,511,925
0 		525,266
0
(20)RUSSEL WILLIAMDEAN OF THE GRADUATE SCHOOL (i)
(ii)		 337,005
0 		0
0 		15,764
0 		31,769
0 		19,010
0 		403,548
0 		0
0
(21)SCHEINKMAN JOSEProfessor of Economics (i)
(ii)		 182,153
0 		0
0 		554,056
0 		31,769
0 		13,191
0 		781,169
0 		0
0
(22)SHROFF NILUFERCHIEF AUDIT&COMPLIANCE OFFICER (i)
(ii)		 273,800
0 		0
0 		4,871
0 		31,769
0 		21,727
0 		332,167
0 		0
0
(23)SMITH STEWART AJVP PPPL/PROF/FMR DEAN OF RES. (i)
(ii)		 340,850
0 		0
0 		16,226
0 		31,769
0 		22,688
0 		411,533
0 		0
0
(24)SMITH VALERIEDEAN OF COLLEGE (i)
(ii)		 316,512
0 		0
0 		36,737
0 		31,769
0 		17,611
0 		402,629
0 		0
0
(25)SULLIVAN-CROWLEYLIANNEVICE PRESIDENT OF HR (i)
(ii)		 302,266
0 		0
0 		15,555
0 		31,769
0 		21,929
0 		371,519
0 		0
0
(26)TILGHMAN SHIRLEYPROFESSOR/FORMER PRESIDENT (i)
(ii)		 788,944
0 		0
0 		92,783
0 		31,769
0 		49,600
0 		963,096
0 		0
0
(27)williams trebyExecutive Vice President (i)
(ii)		 274,555
0 		0
0 		4,133
0 		31,769
0 		27,557
0 		338,014
0 		0
0
(28)WOOD ELIZABETHVP FOR OFFICE OF DEVELOPMENT (i)
(ii)		 432,016
0 		0
0 		28,617
0 		31,769
0 		22,284
0 		514,686
0 		0
0
Schedule J (Form 990) 2013

Schedule J (Form 990) 2013
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
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.
Schedule J (Form 990) 2013

Additional Data


Software ID:  
Software Version:  
Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number
21-0634501
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lgg7 10-23-2003 125,451,946 FIN ADVANCE REFUNDING OF VAR Notes X     X   X
B NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605luu0 04-12-2005 148,571,158 FIN REFUNDING O/S NOTES&ADV REFUND X     X   X
C NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lwf1 06-16-2005 117,648,580 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
D NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605ll97 06-01-2006 75,231,843 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lt65 08-10-2006 93,380,761 FIN REFUND OF O/S NOTES&PAY ISSUAN X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065jb9 06-19-2007 330,156,288 FUNDS-MAINT,EQUIP&CONST&REF NOTES   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065gy2 06-19-2007 68,538,881 FIN ADV REFUND&DEFEASANCE O/S NOTE X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065vl3 09-25-2008 254,564,399 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065wx6 11-05-2008 215,736,061 FIN REFUNDING&DEFEASANCE O/S NOTES X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065e32 01-28-2010 262,164,806 FUNDS-MAINT,EQUIP,CONSTR&PAY ISSUA   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065z21 07-06-2011 266,360,210 funds-maint,equip,constr&pay issua   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 6460657z9 01-16-2014 219,254,544 Funds-Refund cp,maint,equip,constr   X   X   X
New Jersey Educational Facilities Authority
  		22-1829511 64606r7m0 07-02-2012 24,500,000 commercial paper notes-fin.constr   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 62,570,000 14,445,000 1,460,000 42,850,000
2 Amount of bonds legally defeased . . . . . . . . . . . 116,230,000 139,695,000 90,245,000 0
3 Total proceeds of issue . . . . . . . . . . . . . . 125,451,946 148,571,158 93,380,761 351,448,118
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 0 0 0
5 Capitalized interest from proceeds . . . . . . . . . . . 0 0 0 12,666,896
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 58,148,463 65,712,492 0
7 Issuance costs from proceeds . . . . . . . . . . . . 293,172 271,770 184,704 793,000
8 Credit enhancement from proceeds . . . . . . . . . . . 0 0 0 0
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 0 0 0 337,998,222
11 Other spent proceeds . . . . . . . . . . . . . . 0 0 0 0
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2008 2008 2010
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X   X     X X  
15 Were the bonds issued as part of an advance refunding issue? . . . . . X   X   X     X
16 Has the final allocation of proceeds been made? . . . . . . . . X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . . X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . . X   X   X   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . X   X   X   X  
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X   X   X   X  
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0 % 0.128 % 0.182 % 1.825 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0.036 % 0.036 % 0.042 % 0.018 %
6 Total of lines 4 and 5 . . . . . . . . . . . . . 0.164 % 0.164 % 0.223 % 1.842 %
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X   X
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X   X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . . X     X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X   X   X   X
b Exception to rebate? . . . . . . . .   X   X   X X  
c No rebate due? . . . . . . . . X   X   X     X
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . .   X   X   X   X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X   X
b Name of provider . . . . . . . . . 0
  		0
  		0
  		 
 
c Term of hedge . . . . . . . . . .        
d Was the hedge superintegrated? . . . .                
e Was the hedge terminated? . . . . . .                
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . .   X   X   X X  
b Name of provider . . . . . . . . . 0
  		0
  		0
  		citigroup financial
 
c Term of GIC . . . . . . . . . . 2.2 2.   2.2
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . . X   X       X  
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? . . . X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
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.
Schedule K (Form 990) 2013

Additional Data


Software ID:  
Software Version:  

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number
21-0634501
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lgg7 10-23-2003 125,451,946 FIN ADVANCE REFUNDING OF VAR Notes X     X   X
B NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605luu0 04-12-2005 148,571,158 FIN REFUNDING O/S NOTES&ADV REFUND X     X   X
C NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lwf1 06-16-2005 117,648,580 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
D NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605ll97 06-01-2006 75,231,843 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lt65 08-10-2006 93,380,761 FIN REFUND OF O/S NOTES&PAY ISSUAN X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065jb9 06-19-2007 330,156,288 FUNDS-MAINT,EQUIP&CONST&REF NOTES   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065gy2 06-19-2007 68,538,881 FIN ADV REFUND&DEFEASANCE O/S NOTE X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065vl3 09-25-2008 254,564,399 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065wx6 11-05-2008 215,736,061 FIN REFUNDING&DEFEASANCE O/S NOTES X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065e32 01-28-2010 262,164,806 FUNDS-MAINT,EQUIP,CONSTR&PAY ISSUA   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065z21 07-06-2011 266,360,210 funds-maint,equip,constr&pay issua   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 6460657z9 01-16-2014 219,254,544 Funds-Refund cp,maint,equip,constr   X   X   X
New Jersey Educational Facilities Authority
  		22-1829511 64606r7m0 07-02-2012 24,500,000 commercial paper notes-fin.constr   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 62,570,000 14,445,000 1,460,000 42,850,000
2 Amount of bonds legally defeased . . . . . . . . . . . 116,230,000 139,695,000 90,245,000 0
3 Total proceeds of issue . . . . . . . . . . . . . . 125,451,946 148,571,158 93,380,761 351,448,118
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 0 0 0
5 Capitalized interest from proceeds . . . . . . . . . . . 0 0 0 12,666,896
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 58,148,463 65,712,492 0
7 Issuance costs from proceeds . . . . . . . . . . . . 293,172 271,770 184,704 793,000
8 Credit enhancement from proceeds . . . . . . . . . . . 0 0 0 0
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 0 0 0 337,998,222
11 Other spent proceeds . . . . . . . . . . . . . . 0 0 0 0
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2008 2008 2010
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X   X     X X  
15 Were the bonds issued as part of an advance refunding issue? . . . . . X   X   X     X
16 Has the final allocation of proceeds been made? . . . . . . . . X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . . X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . . X   X   X   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . X   X   X   X  
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X   X   X   X  
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0 % 0.128 % 0.182 % 1.825 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0.036 % 0.036 % 0.042 % 0.018 %
6 Total of lines 4 and 5 . . . . . . . . . . . . . 0.164 % 0.164 % 0.223 % 1.842 %
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X   X
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X   X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . . X     X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X   X   X   X
b Exception to rebate? . . . . . . . .   X   X   X X  
c No rebate due? . . . . . . . . X   X   X     X
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . .   X   X   X   X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X   X
b Name of provider . . . . . . . . . 0
  		0
  		0
  		 
 
c Term of hedge . . . . . . . . . .        
d Was the hedge superintegrated? . . . .                
e Was the hedge terminated? . . . . . .                
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . .   X   X   X X  
b Name of provider . . . . . . . . . 0
  		0
  		0
  		citigroup financial
 
c Term of GIC . . . . . . . . . . 2.2 2.   2.2
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . . X   X       X  
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? . . . X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
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.
Schedule K (Form 990) 2013

Additional Data


Software ID:  
Software Version:  

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number
21-0634501
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lgg7 10-23-2003 125,451,946 FIN ADVANCE REFUNDING OF VAR Notes X     X   X
B NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605luu0 04-12-2005 148,571,158 FIN REFUNDING O/S NOTES&ADV REFUND X     X   X
C NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lwf1 06-16-2005 117,648,580 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
D NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605ll97 06-01-2006 75,231,843 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lt65 08-10-2006 93,380,761 FIN REFUND OF O/S NOTES&PAY ISSUAN X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065jb9 06-19-2007 330,156,288 FUNDS-MAINT,EQUIP&CONST&REF NOTES   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065gy2 06-19-2007 68,538,881 FIN ADV REFUND&DEFEASANCE O/S NOTE X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065vl3 09-25-2008 254,564,399 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065wx6 11-05-2008 215,736,061 FIN REFUNDING&DEFEASANCE O/S NOTES X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065e32 01-28-2010 262,164,806 FUNDS-MAINT,EQUIP,CONSTR&PAY ISSUA   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065z21 07-06-2011 266,360,210 funds-maint,equip,constr&pay issua   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 6460657z9 01-16-2014 219,254,544 Funds-Refund cp,maint,equip,constr   X   X   X
New Jersey Educational Facilities Authority
  		22-1829511 64606r7m0 07-02-2012 24,500,000 commercial paper notes-fin.constr   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 62,570,000 14,445,000 1,460,000 42,850,000
2 Amount of bonds legally defeased . . . . . . . . . . . 116,230,000 139,695,000 90,245,000 0
3 Total proceeds of issue . . . . . . . . . . . . . . 125,451,946 148,571,158 93,380,761 351,448,118
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 0 0 0
5 Capitalized interest from proceeds . . . . . . . . . . . 0 0 0 12,666,896
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 58,148,463 65,712,492 0
7 Issuance costs from proceeds . . . . . . . . . . . . 293,172 271,770 184,704 793,000
8 Credit enhancement from proceeds . . . . . . . . . . . 0 0 0 0
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 0 0 0 337,998,222
11 Other spent proceeds . . . . . . . . . . . . . . 0 0 0 0
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2008 2008 2010
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X   X     X X  
15 Were the bonds issued as part of an advance refunding issue? . . . . . X   X   X     X
16 Has the final allocation of proceeds been made? . . . . . . . . X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . . X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . . X   X   X   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . X   X   X   X  
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X   X   X   X  
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0 % 0.128 % 0.182 % 1.825 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0.036 % 0.036 % 0.042 % 0.018 %
6 Total of lines 4 and 5 . . . . . . . . . . . . . 0.164 % 0.164 % 0.223 % 1.842 %
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X   X
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X   X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . . X     X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X   X   X   X
b Exception to rebate? . . . . . . . .   X   X   X X  
c No rebate due? . . . . . . . . X   X   X     X
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . .   X   X   X   X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X   X
b Name of provider . . . . . . . . . 0
  		0
  		0
  		 
 
c Term of hedge . . . . . . . . . .        
d Was the hedge superintegrated? . . . .                
e Was the hedge terminated? . . . . . .                
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . .   X   X   X X  
b Name of provider . . . . . . . . . 0
  		0
  		0
  		citigroup financial
 
c Term of GIC . . . . . . . . . . 2.2 2.   2.2
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . . X   X       X  
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? . . . X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
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.
Schedule K (Form 990) 2013

Additional Data


Software ID:  
Software Version:  

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number
21-0634501
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lgg7 10-23-2003 125,451,946 FIN ADVANCE REFUNDING OF VAR Notes X     X   X
B NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605luu0 04-12-2005 148,571,158 FIN REFUNDING O/S NOTES&ADV REFUND X     X   X
C NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lwf1 06-16-2005 117,648,580 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
D NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605ll97 06-01-2006 75,231,843 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 64605lt65 08-10-2006 93,380,761 FIN REFUND OF O/S NOTES&PAY ISSUAN X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065jb9 06-19-2007 330,156,288 FUNDS-MAINT,EQUIP&CONST&REF NOTES   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065gy2 06-19-2007 68,538,881 FIN ADV REFUND&DEFEASANCE O/S NOTE X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065vl3 09-25-2008 254,564,399 FUNDS-MAINT,EQUIP&CONST&PAY ISSUAN   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065wx6 11-05-2008 215,736,061 FIN REFUNDING&DEFEASANCE O/S NOTES X     X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065e32 01-28-2010 262,164,806 FUNDS-MAINT,EQUIP,CONSTR&PAY ISSUA   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 646065z21 07-06-2011 266,360,210 funds-maint,equip,constr&pay issua   X   X   X
NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY
  		22-1829511 6460657z9 01-16-2014 219,254,544 Funds-Refund cp,maint,equip,constr   X   X   X
New Jersey Educational Facilities Authority
  		22-1829511 64606r7m0 07-02-2012 24,500,000 commercial paper notes-fin.constr   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 62,570,000 14,445,000 1,460,000 42,850,000
2 Amount of bonds legally defeased . . . . . . . . . . . 116,230,000 139,695,000 90,245,000 0
3 Total proceeds of issue . . . . . . . . . . . . . . 125,451,946 148,571,158 93,380,761 351,448,118
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 0 0 0
5 Capitalized interest from proceeds . . . . . . . . . . . 0 0 0 12,666,896
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 58,148,463 65,712,492 0
7 Issuance costs from proceeds . . . . . . . . . . . . 293,172 271,770 184,704 793,000
8 Credit enhancement from proceeds . . . . . . . . . . . 0 0 0 0
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 0 0 0 337,998,222
11 Other spent proceeds . . . . . . . . . . . . . . 0 0 0 0
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2008 2008 2010
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X   X     X X  
15 Were the bonds issued as part of an advance refunding issue? . . . . . X   X   X     X
16 Has the final allocation of proceeds been made? . . . . . . . . X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . . X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . . X   X   X   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . X   X   X   X  
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X   X   X   X  
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0 % 0.128 % 0.182 % 1.825 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet 0.036 % 0.036 % 0.042 % 0.018 %
6 Total of lines 4 and 5 . . . . . . . . . . . . . 0.164 % 0.164 % 0.223 % 1.842 %
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X   X
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X   X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		X   X   X   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . . X     X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X   X   X   X
b Exception to rebate? . . . . . . . .   X   X   X X  
c No rebate due? . . . . . . . . X   X   X     X
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . .   X   X   X   X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X   X
b Name of provider . . . . . . . . . 0
  		0
  		0
  		 
 
c Term of hedge . . . . . . . . . .        
d Was the hedge superintegrated? . . . .                
e Was the hedge terminated? . . . . . .                
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . .   X   X   X X  
b Name of provider . . . . . . . . . 0
  		0
  		0
  		citigroup financial
 
c Term of GIC . . . . . . . . . . 2.2 2.   2.2
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . . X   X       X  
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? . . . X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
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.
Schedule K (Form 990) 2013

Additional Data


Software ID:  
Software Version:  

Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ. MediumBullet See separate instructions.
MediumBulletInformation about Schedule L (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number

21-0634501
Part I
Excess Benefit Transactions (section 501(c)(3) and section 501(c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No





2
Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e)Original principal amount (f)Balance due (g) In default? (h) Approved by board or committee? (i)Written agreement?
To From Yes No Yes No Yes No
(1) Former StudentFERPA TRUSTEE Education   X 2,100 1,375   No   No Yes  
(2) Ainslie Carolyn OFFICER MORTGAGE   X 675,000 642,660   No   No Yes  
(3) dominick james OFFICER mortgage   X 476,028 470,091   No   No Yes  
(4) ERICKSON JONATHAN HIGHEST COMPENSATED MORTGAGE   X 758,398 726,033   No   No Yes  
(5) KLAUS CHAD OFFICER MORTGAGE   X 474,835 427,221   No   No Yes  
(6) kulkarni sanjeev KEY EMPLOYEE MORTGAGE   X 348,840 288,317   No   No Yes  
(7) NAKAMURA CARA HIGHEST COMPENSATED MORTGAGE   X 417,000 390,766   No   No Yes  
(8) TRUSTEE FERPA TRUSTEE Parent Loan   X 31,650 4,297   No   No Yes  
(9) SMITH VALERIE KEY EMPLOYEE MORTGAGE   X 493,380 457,562   No   No Yes  
(10) SMITH VALERIE KEY EMPLOYEE RECRUITMENT LOAN   X 240,000 60,000   No   No Yes  
(11) Sullivan-CrowleyL OFFICER mortgage   X 518,500 473,447   No   No Yes  
(12) Tilghman Shirley FORMER OFFICER Mortgage   X 417,000 401,340   No   No Yes  
(13) OFFICER FERPA OFFICER Parent Loan   X 40,000 28,918   No   No Yes  
Total ......Small Bullet $ 4,372,027
Part III
Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
(1) NOT REQUIRED   13,370 SCHOLARSHIPS education
(2) NOT REQUIRED   24,321 PARENT/STUDENT LOANS EDUCATION
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2013
Schedule L (Form 990 or 990-EZ) 2013
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) HellmanFriedman Capital Partners V SEE PART V -6,860,901 SEE PART V   No
(2) HELLMANFRIEDMAN CAPITAL PARTNERS V SEE PART V 611,210 SEE PART V   No
(3) hellmanfriedman capptns vii lp SEE PART V 5,904,362 SEE PART V   No
(4) SIERRA VENTURES IXLP SEE PART V -807,864 SEE PART V   No
(5) SIERRA VENTURES VIII-ALP SEE PART V -826,970 SEE PART V   No
(6) SIERRA VENTURES VII LP SEE PART V -120,210 SEE PART V   No
(7) WESTBRIDGE CROSSOVER FUNDLLC SEE PART V 26,664,049 SEE PART V   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
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.
Schedule L (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  




SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large imageInformation about Schedule M (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number

21-0634501
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art .... X 6 117,900 SEE PART II
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications .. X 297,399 SEE PART II
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded .        
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous .. X 1,129 47,355,933 SEE PART II
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles ..... X 1 941,500 SEE PART II
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( Lab. equip. ) X 1 27,000 SEE PART II
26 Other Right pointing arrow large image( )
27 Other Right pointing arrow large image( )
28 Other Right pointing arrow large image ( )
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...
29
19
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that
it must hold for at least three years from the date of the initial contribution, and which is not required to be used
for exempt purposes for the entire holding period? ..................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2013)
Schedule M (Form 990) (2013)
Page 2
Part II
Supplemental Information. Provide the information required by Part I, lines 30b,
32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Return Reference Explanation
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.
Schedule M (Form 990) (2013)
Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number

21-0634501
Return Reference Explanation
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.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.
MediumBullet Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
The Trustees of Princeton University
 
Employer identification number

21-0634501
Part I
Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) PRINCETON CHARITABLE FOUNDATION LIMITED
19 OLD BAILEY LONDON EC4M 7EG
UK
98-0591811 		CHARITY UK 2,946,060 97,452 PRINCETON U
 
(2) PRINCETON INTERNATIONAL LLC
701 Carnegie Center
Princeton,NJ08540
46-2973166 		Programs DE 240 749,812 Princeton U
 
(3) Forrestal LLC
701 Carnegie Center
Princeton,NJ08540
46-4991582 		Holding DE 165,901 36,219,319 Princeton U
 






Part II
Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1) FORRESTAL INVESTMENT CORPORATION

701 CARNEGIE CENTER SUITE 445

PRINCETON,NJ08540
22-2968912 		HOLDING CO. NJ 501(c)(2) N/A PRINCETON U
 
Yes
 
(2) STANLEY J SEEGER HELLENIC FUND

701 CARNEGIE CENTER SUITE 445

PRINCETON,NJ08540
22-2266810 		PROGRAMS NJ 501(c)(3) 11-TYPE I PRINCETON U
 
Yes
 
(3) FORRESTAL AGRICULTURAL CORPORATION

701 CARNEGIE CENTER SUITE 445

PRINCETON,NJ08540
36-3625291 		INVESTMENTS IA 501(c)(3) 11-TYPE I PRINCETON U
 
Yes
 
(4) PRINCETON UNIVERSITY ALUMNI ORGANIZATION

701 CARNEGIE CENTER SUITE 445

PRINCETON,NJ08540
22-2711242 		ALUMNI NJ 501(c)(3) 9 na
 
 
No
(5) PRINCETON UNIVERSITY PRESS

41 William Street

Princeton,NJ08540
21-0634483 		PUBLICATIONS NJ 501(c)(3) 11-TYPE I PRINCETON U
 
Yes
 
(6) PRINCETON IN AFRICA INC

PO BOX 226

PRINCETON,NJ08542
22-3824520 		PROGRAMS NJ 501(c)(3) 11-TYPE I PRINCETON U
 
Yes
 
(7) PRINCETON IN ISHIKAWA INC

211 JONES HALL PRINCETON UNIVERSIT

PRINCETON,NJ08544
22-3563022 		PROGRAMS NJ 501(c)(3) 11-TYPE I PRINCETON U
 
Yes
 
(8) PRINCETON IN BEIJING INC

211 JONES HALL PRINCETON UNIVERSIT

PRINCETON,NJ08544
22-3779722 		PROGRAMS NJ 501(c)(3) 11-TYPE I PRINCETON U
 
Yes
 
(9) FOUNDING FATHERS PAPERS INC

701 CARNEGIE CENTER Suite 445

PRINCETON,NJ08540
22-2365602 		RESEARCH/PUB NJ 501(c)(3) 11-TYPE I na
 
 
No
(10) RESEARCH COLLECTIONS&PRESERVCONSORTIUM

701 CARNEGIE CENTER Suite 445

PRINCETON,NJ08540
22-3751732 		BOOK STORAGE NJ 501(c)(3) 11-TYPE I na
 
 
No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) PETROTIGER III LTD

1 HOUSTON CTR 1221 MCKINNEY SUITE
HOUSTON,TX77010
76-0328789 		INVESTMENT TX NA
  		EXCLUDED FROM TAX 3,028,252 2,579,889   No 971,045   No 99.000 %
(2) NASSAU CAPITAL FUNDS

22 CHAMBERS STREET 4TH FLOOR
PRINCETON,NJ08542
22-3344912 		INVESTMENT DE NA
  		EXCLUDED FROM TAX 16,635,284 150,409,392   No 204,146   No 96.505 %
(3) DYNAMO BRASIL I LLC

2711 CENTERVILLE ROAD SUITE 400
WILMINGTON,DE19808
98-0515400 		INVESTMENT DE NA
  		EXCLUDED FROM TAX 17,301,458 229,533,273   No     No 99.460 %
(4) PB INSTITUTIONAL LP

10 ST JAMES AVE STE 1700
BOSTON,MA02116
04-3425688 		INVESTMENT DE NA
  		EXCLUDED FROM TAX 77,796,550 929,730,473   No -846,983   No 99.785 %
(5) VARDE FUND VI-A LP

8500 NORMANDALE LAKE BLVD SUITE 15
MINNEAPOLIS,MN55437
41-2022693 		INVESTMENT DE NA
  		EXCLUDED FROM TAX 15,172,102 228,408,040   No 1,497,606   No 89.944 %
(6) FARALLON CAP INST PARTIII

ONE MARITIME PLAZA SUITE 2100
SAN FRANCISCO,CA94111
94-3253905 		INVESTMENT DE NA
  		EXCLUDED FROM TAX 48,696,743 543,159,051   No     No 91.011 %
(7) BAKER BIOTECH FUND II (A) LP

667 MADISON AVENUE 21ST FLOOR
NEW YORK,NY10065
33-1004876 		INVESTMENT DE NA
  		EXCLUDED FROM TAX 46 4,183,977   No     No 55.005 %
(8) WHITECREST PARTNERS LP

222 BERKELEY STREET 22ND FLOOR
BOSTON,MA02116
04-3585396 		INVESTMENT DE NA
  		EXCLUDED FROM TAX 69,632,656 597,015,858   No 1,260,959   No 84.500 %
(9) ALEXANDER STREET PARTNERS LTD

225 WEST WATER STREET STE 1987
JACKSONVILLE,FL322025152
59-3374725 		INVESTMENT FL NA
  		EXCLUDED FROM TAX -2,765,657 365,521,679   No -24,385   No 79.043 %
(10) LAXEY UNIVERSAL VALUE LP

1209 ORANGE STREET
WILMINGTON,DE19801
21-0634501 		INVESTMENT DE NA
  		excluded from tax 702,467 4,333,729   No     No 91.200 %
(11) BPI LTD

103 S CHURCH ST PO BOX 1034 GT
  GRCAYMAN ISLANDS
CJ
INVESTMENT CJ NA
  		excluded from tax 45,125,659 755,539,331   No     No 100.000 %
(12) PETROTIGER IV LTD

1 HOUSTON CENTER-1221 MCKINNEY 37
HOUSTON,TX77010
76-0495639 		INVESTMENT TX NA
  		excluded from tax 1,744,792 10,287,475   No     No 82.600 %
(13) PETROTIGER I LTD

1 HOUSTON CENTER 1221 MCKINNEY 3
HOUSTON,TX77010
76-0230203 		INVESTMENT TX NA
  		excluded from tax 446,766 23,893,313   No     No 84.800 %
(14) farallon special situation partners

1 maritime plaza suite 2100
san francisco,CA94111
94-3244687 		investment CA na
  		excluded from tax -2,322,436 6,272,303   No 878,851   No 98.916 %
(15) GEOLOGIC RESOURCE OPPORTUNITIES FUNDLTD

c/o Goldman Sachs caymanTrustltd
Gardenia court,Ste 407,45 Market st,CaKY1-1103
CJ
investment CJ na
  		excluded from tax 19,695,708 107,660,393   No     No 77.040 %
(16) THE ORANGE PARTNERS FUND LTD

PO BOX 309GT UGLAND HOUSE
GRAND CAYMAN,CA  
CJ
investment CJ NA
  		EXCLUDED FROM TAX 159,569,415 452,431,085   No     No 99.410 %
(17) Lone Balsam LP

Two Greenwich Plaza
Greenwich,CT06830
58-2359631 		Investment DE na
  		excluded from tax 19,496,373 0   No 21,548   No  
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) Charitable Remainder TrustS (298)

 
 
Investment   various
  		TRUST       Yes  
(2) CHARITABLE LEAD TRUSTS (12)

 
 
INVESTMENT   VARIOUS
  		TRUST       Yes  
(3) POOLED FUNDS (174)

 
 
INVESTMENT   VARIOUS
  		TRUST       Yes  
(4) CHARITABLE GIFT ANNUITIES (121)

 
 
INVESTMENT   VARIOUS
  		TRUST       Yes  
(5) Nassau Opex Corp

po box 305
Belle Mead,NJ085020305
22-3643230 		Investment DE princeton u
  		C Corp 8,459 51,118 100.000 % Yes  




Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 3
Part V
Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
 
No
e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1k
Yes
 
l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .
1n
Yes
 
o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
Yes
 
r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
Yes
 
s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1s
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) FORRESTAL INVESTMENT CORPORATION

 s 10,867,420 CASH
(2) STANLEY J SEEGER HELLENIC FUND

 C 1,591,058 CASH
(3) FORRESTAL AGRICULTURAL CORPORATION

 s 4,403,792 cash
(4) FORRESTAL AGRICULTURAL CORPORATION

 B 12,444,034 CASH
(5) PRINCETON UNIVERSITY PRESS

 a 70,839 CASH
(6) PRINCETON UNIVERSITY PRESS

 N,O,Q 135,520 CASH
(7) PRINCETON UNIVERSITY PRESS

 k 153,573 CASH
(8) princeton university press

 r 4,635,588 cash
(9) Laxey Universal Value LP

 s 3,348,283 cash
(10) PB INSTITUTIONAL LIMITED PARTNERSHIP

 s 158,796,000 CASH
(11) NASSAU CAPITAL FUNDS

 B 103,400 CASH
(12) NASSAU CAPITAL FUNDS

 S 35,521,232 CASH
(13) whitecrest partners lp

 S 10,422,780 CASH
(14) dynamo brasil I LLC

 B 6,238,175 CASH
(15) Dynamo Brasil I LLC

 S 345,319 CASH
(16) The Orange Partners Fund

 b 45,292,095 CASH
(17) The Orange Partners Fund

 s 5,295,715 CASH
(18) PETROTIGER IIILTD

 s 1,762,781 CASH
(19) FARALLON CAPITAL INSTITUTIONAL PARTNERS III

 b 1,732,890 cash
(20) lone balsam LP

 s 288,767,044 cash
(21) FARALLON SPECIAL SITUATION PARTNERS LP

 S 742,800 CASH
(22) varde Fund vi-A LP

 b 40,000,000 CASH
Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V?UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference Explanation
Schedule R (Form 990) 2013
Additional Data


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