Our Community in the Service of Humanity
Report of the Treasurer 2019-20 OFFICE OF FINANCE AND TREASURY Our Community in the Princeton University 701 Carnegie Center / Princeton, NJ 08540 http://finance.princeton.edu Service of Humanity Princeton University Highlights Fiscal years ending June 30 FINANCIAL (dollars in thousands) 2020 2019 Principal sources of revenues Tuition and fees (net) $ 133,287 $ 132,129 Government grants and contracts 336,660 307,405 Private gifts, grants, and contracts 167,524 216,229 Investment earnings, including unrealized gains or losses 1,386,133 1,517,765 Principal purposes of expenditures Academic and research 1,120,434 1,102,912 Student services and support 315,524 316,839 General administration and operations 231,515 211,518 Summary of financial position Assets 33,030,216 32,074,190 Liabilities 4,573,636 4,001,244 Net assets 28,456,580 28,072,946 Net assets Without donor restrictions 12,401,995 12,220,192 With donor restrictions 15,866,206 15,655,987 Noncontrolling interests 188,379 196,767 Total $28,456,580 $ 28,072,946 STUDENTS Enrollment Undergraduate students 5,328 5,321 Graduate students 2,997 2,946 Degrees conferred Bachelor’s degrees 1,268 1,297 Advanced and all other degrees 920 1,038 Annual tuition rate Undergraduate $ 51,870 $ 49,450 Graduate 51,870 49,450 FACULTY Full-time equivalent 1,041 1,031 Contents Letter from the Treasurer 3 In the Service of Humanity 5 Financial Statement Overview 18 Report on Investments 24 Audited Financial Statements 32 Trustees of the University 66 Officers of the University 66 “These times are not normal, nor are they a short diversion, such that we can simply wait for the pandemic to end.
[Show full text]