Edward Karns earned $2,069,040 from The Trustees of Princeton University by working 50 hours a week in 2020.
Princeton-based The Trustees of Princeton University amassed $2,120,040,000 in revenue in the tax year ending in 2020, spending $2,141,410,000.
There are 1,598 not-for-profit organizations registered in New Jersey.
How not-for-profit executives and staff are paid is an issue consistently under the microscope.
“We urge donors to be wary of charities that pay salaries hovering near or above $1 million,” Ken Berger, president and CEO of Charity Navigator, said. “The purpose of a charity is to provide a public benefit. Every donor and tax payer subsidizes the charitable sector with that purpose in mind, not creating a class of millionaire CEOs.”
| Rank | Executives | Not-for-profit Organization | Total salary |
|---|---|---|---|
| 1 | Andrew Golden | The Trustees of Princeton University | $4,258,288 |
| 2 | Kevin Willard | Seton Hall University | $2,234,915 |
| 3 | Jonathan Erickson | The Trustees of Princeton University | $2,212,183 |
| 4 | Edward Karns | The Trustees of Princeton University | $2,069,040 |
| 5 | Catherine A. Kiernan | Seton Hall University | $2,008,897 |
| 6 | James Millar | The Trustees of Princeton University | $1,876,559 |
| 7 | Nariman Farvardin | Stevens Institute of Technology | $1,593,296 |
| 8 | Mike Davis | United States Golf Association | $1,513,610 |
| 9 | Jennifer Birmingham | The Trustees of Princeton University | $1,449,014 |
| 10 | Tae Kyoon Kim | The Trustees of Princeton University | $1,440,926 |
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