Bloomberg first reported Swensen's 2015 pay package earlier this week, citing tax filings provided to the financial news service by Yale. The 25 highest-paying entry-level jobs for college grads, accusing him of mishandling allegations of sexual assault, American Association of University Professors, Pay for university presidents has risen dramatically over the last several years, according to data from. The university does not release additional details about its operating budget outside the 990., This isnt about me: Tricia Fabbri reacts to her 500th career victory, Audit shows significant deficiencies in QUs financial recordkeeping. The total pay amount is an increase from the $977,219 he made in 2014. In an interview with the News in April, Massachusetts Institute of Technology finance professor Andrew Lo 80 said the constraints on university salaries prevent many institutions from hiring someone of Swensens caliber. Gutmann, the eighth president of the University of Pennsylvania (Penn), was the second highest-paid female university president in 2019. Posted 02/28/23. University of Pennsylvania President Amy Gutman ($3.1 million) was the top-earning Ivy League school president. Administrative Vice Presidents. Marc Tessier-Lavigne. Andrew David Hamilton FRS (born 3 November 1952) is a British American chemist and academic who is the 16th and current President of New York University.From 2009 to 2015, he served as the Vice-Chancellor of the University of Oxford.Before leading Oxford, he was Provost of Yale University from 2004 to 2008. The university's current president is Peter Salovey, a professor of social psychology who formerly served as University Provost and Dean of Yale College and received his Ph.D. from Yale's Graduate School of Arts and Sciences. In 2020, Yale University had a total salary expenditure of $4.09B. Sadie Peart scores overtime winner, sends Quinnipiac to ECAC Hockey Semifinals, Former USA Today editor-in-chief discusses gender equity in media at QU, Sustainability, budget cuts and diversity discussions dominate SGA State of the QUnion. Only King Abdullah of Saudi Arabia who recently funded the new King Abdullah University of Science and Technology with $20 billion has done more for a university anywhere in the world, he added. How much do Yale University employees earn on average in the United States? Quinnipiac spent a total of $53.4 million in the category. Wesleyan University President Michael S. Roth made $871,182 and University of Hartford President Walter Harrison made $588,390 in total pay. $63,675 in scholarships were awarded to interested persons (usually relatives of staff, officers, or trustees). The mean starting salary of the class of 2021 at Yale University graduates is 77,196 USD per annum. She made $449,579 during her last six months (January to June 2018) as a dean of school of management at the University of California Los Angeles. Harvard and Princeton consistently rank among the top five schools with the largest endowments. Like other tax-exempt organizations, Yale is required by the IRS to annually file and make publicly available a document that details financial information including annual expenditure, revenues and information about its highest paid employees. Architectural company Centerbrook, one of Quinnipiacs lead architects that was. Everyone weve looked at makes more than the governor of their state., "What I find most fascinating is that presidents of public universities have higher salaries than any elected or appointed public official," said Wilde. Yale's administration disputed the notion that it had given into pressure from the donors, one of whom donated $250 million to the university in 2013 the largest gift in its history. The Chronicle updated its executive compensation tracker in July 2020 to include the most recent data on salaries from public and private institutions. Elsewhere in the state, Trinity College President Joanne E. Berger-Sweeney made $524,945 in total pay, while University of New Haven President Steven H. Kaplan made $581,312. 94,500. The IRS Form 990 (2015 for the year beginning July 1, 2015 and ending June 30, 2016) reports 3,585 individuals received more than $100,000 in compensation with the 22 most highly compensated individuals listed below: $4,238,803: David F Swensen, Chief Investment Officer. By clicking Sign up, you agree to receive marketing emails from Insider maid, chauffeur, chef), and tax indemnification and gross up payments. As of the end of fiscal 2016, Yales endowment had a total market value of $25.4 billion. A Yale spokesperson did not respond to a request for clarification regarding the compensation structure of university employees. Those factors include: education and experience, internal equity, and budget. The highest-paid university president in the ranking is the former president of Bryant University, Ronald K. Machtley. Presidents of public universities have higher salaries than any elected or appointed public official. . Ratio of total compensation to average full-professor salary: 18:1, Ratio of total compensation to average full-professor salary: 23:1, Ratio of total compensation to average full-professor salary: 35:1, Ratio of total compensation to average full-professor salary: 50:1. His intention was for the institution to be home to exceptional individualsmen and women with imagination and extraordinary dedication capable of working at the cutting edge of their fields. In 2020, Gutmann's salary was back in the news after it was announced that she would not be taking a COVID-induced pay cut like many other university presidents, instead opting to take a pay freeze. Bush attended the university about 100 years later. Fifty-eight of the private college presidents earned more than $1 million in 2015, up from the previous year when 39 private college presidents did so. Her annual pay was often the subject of debate during her tenure, particularly in 2016 when she earned $3.9 million 20 times the median salary of professors at Penn. The Chronicle of Higher Education compiled compensation data from the Internal Revenue . About $860,000 of Swensens 2014 compensation had been reported as deferred compensation in filings from previous years. The average was a 9 percent increase from 2014. Salovey and Lahy were among a group of 58 presidents earning more than $1 million in 2015. Around $647,000 were expenses for study abroad programs. PhD Student salaries - 186 salaries reported. Quinnipiac University president John L. Lahey was the top-earning executive among private colleges in Connecticut, earning $1.46 million in total pay, according to The Chronicle of Higher Educations Private College Executive Compensation Study released Sunday. $66,573. The estimated base pay is $151,651 per year. It utilizes . The estimated hourly pay at Yale University ranges from approximately $8.63 per hour for Software Engineer to $52.59 per hour for Professor.. The amount did not include scholarships it offered to international students. Yale New Haven Health pays an average salary of $1,639,666 and salaries range from a low of $1,437,173 to a high of $1,877,674. Abe Lopman: SR. VP (VESTED DEFERRED) 40: $2,227,425: Richard D'Aquila: PRESIDENT/TRUSTEE (CURRENT YR COMP) 32: $2,169,059: Marna Borgstrom . It is also important to note that in addition to the above management salaries, $55 million in investment fees were paid to outside firms. The report analyzed how much 550 private college presidents made in 2011, concluding the median total compensation was $410,523. On the public side, University of Connecticut President Susan Herbst made $852,773 in total pay during the 2015-16 school year, good enough to place her 13 among 254 chief executives in public schools, according to the study. The data shows the compensation received in 2010 by 493 chief executives at 480 private, nonprofit colleges in the United States. In New Haven, Yale President Peter Salovey earned $1.16 million in total pay during the 2015 calendar year. $36,853 / yr. PhD Graduate Student salaries - 159 salaries reported. Other New England presidents on the list include Robert A. Feature Image: Leon Bennett / Stringer / Getty Images Entertainment. The Highest Paid Private College Presidents, Rensselaer Polytechnic Institute, $1,752,642, Florida Institute of Technology, $1,884,008, presidents of private colleges were compensated, Curt Nickisch pointed out a couple years ago. Salt Lake City, UT. President: Michael M. Crow Total pay: $1,148,457 Base pay: $686,538 U.S. News rank: 115 (tie) Learn more about Arizona State UniversityTempe. The most recent data is as of 2017 for private university presidents, and 2019 for public university presidents. Executive Compensation at the Alliance Defending Freedom(2020). Austin Ligon is an Angel/Seed stage private investor at Tewada Capital; he is an investor and Board Member at Redfin, Inc. and Rev.com Previously, Austin was the Co-Founder, President and Chief Executive Officer at CarMax, the nation's largest retailer of used cars, from its creation in 1991 until his retirement in 2006. Yale University President Peter Salovey, before a press conference Wednesday, May 10, 2017 at the Stetson branch library in New Haven. Founded/President of High School Chapter. renovation at North Haven campus: $150,000, offices in the Arnold Bernhard Library: $110,000, Ceiling, flooring and brick pavers replacement, for the three modular office trailers: $50,000. They are all Yalies. A rain garden is an area dug slightly below the surrounding area that can catch and collect rainfall and keep it from carrying pollutants downstream. Total Revenue . 1,171 employees received more than $100,000 in compensation with . as well as other partner offers and accept our, Stan Godlewski/The Washington Post via Getty Images, Sharon Pulwer/The Washington Post via Getty Images, Ronen Tivony/Pacific Press/LightRocket via Getty Images, Ian McVea/Fort Worth Star-Telegram/Tribune News Service via Getty Images, Neilson Barnard/Getty Images for the New York Times, Lane Turner/The Boston Globe via Getty Images. YALE NEW HAVEN HOSPITAL 20 YORK STREET, NEW HAVEN, CT 06504 www.ynhh.org. 208. Besides construction and architectural projects, law firms Duffy Law and Wiggin & Dana received $500,000 and $440,938, respectively. University Policies, Procedures, Forms, and Guides, Student and Temporary Employee Salary Rates. Now hes indicted on federal cocaine trafficking charges, Do Not Sell/Share My Personal Information. Yale also provided housing allowances or residences for personal use, personal services (i.e. The Department of Chemistry and Physics at Saint Mary's College, Notre Dame, IN, is seeking to fill a one-year visiting assistant professor line in any sub-discipline of physics. According to The Chronicles release, their study is based on latest available Form 990 tax filings of the 500 private and nonprofit colleges with the largest endowments. The third . He holds secondary faculty appointments in the School of Management, the School of Public Health, the Institution for Social and Policy Studies, and the Sociology Department. How Revenue is Spent at the AFL-CIO(2020), $4,238,803: David F Swensen, Chief Investment Officer, $3,204,864: Dean J Takahashi, Sr. Director of Investments, $1,790,227: Timothy R Sullivan, Director of Investments, $1,530,354: Khalid M Abbed, Chief Neurosurgery, Spine, $1,487,113: Alan Forman, Director, Investments, $1,366,401: Peter Salovey, Trustee and President, $1,171,984: Masoud Azodi, Professor, OB/GYN, $1,099,606: Peter G Shulam, Chair, Dept of Urology, $ 917,138: Robert J Alpern, Dean, School of Medicine, $ 639,608: Michael A Peel, VP for HR and Administration, $ 610,539: Bruce D Alexander, VP for New Haven and State Affairs, $ 573,359: Dorothy K Robinson, Former VP and General Counsel, $ 568,149: Alexander E Dreier, VP and General Counsel, $ 556,311: Linda K Lorimer, Former VP for Global and Strategy Initiative, $ 551,009: Joan E ONeill, VP for Alumni Affairs and Development, $ 545,706: Shauna R King, VP for Finance and Business Operations, $ 512,150: Scott A Strobel, VP for West Campus Planning, $ 454,276: John H Bollier, AVP for Facilities, $ 433,866: Kimberly M Goff-Crews, Secretary and VP for Student Life, $ 416,642: Stephen C Murphy, VP for Finance and CFO, $ 331,944: Michael J Donoghue, Former VP for West Campus Planning, $191,174: Patricia Preisig, spouse of Robert Alpern, a key employee, for compensation as a professor of medicine, $152,892: Stephanie Markovits, spouse of Benjamin Polak, an officer, for compensation as an English Professor, $108,195: Ricecan Realty, LP, (trustee and family members own more than 35%), for income distribution, $102,619: Wendy Sharp, spouse of Dean Takahashi, a key employee, for compensation as Lecturer of Music, $ 65,308: Marta Moret, spouse of Peter Salovey, an officer, for compensation as an Associate. The Top 10 Highest Paid Private College Presidents: By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. Vincent J. Scully Professor of Philosophy, Professor of Psychology and Cognitive Science, Office of Faculty Administrative Services, Ladder Faculty Appointments & Promotions (FASTAP 2007), Ladder Faculty Appointments & Promotions (FASTAP 2016), Scholars as Leaders; Scholars as Learners (SAL2). However, after going through building permits issued by Hamden and North Haven, the following were some of the major construction projects that happened in 2019 besides the three residence halls. The next largest expense categories were for grants (primarily to domestic individuals for undergrad scholarships) which totaled $437 million, Fees for Services (primarily management related with no detail provided) of $186 million, office-related expenses (occupancy, IT, office and insurance) of $182 million, $170 million in supplies, and $145 million of other expenses (no detail provided). The University of Chicago's Robert Zimmer was the highest paid president on the new list, earning $3,358,723. Tufts highest expense - compensation - was $549 million (about 50% of revenue) for 12,647 employees, which equates to an average compensation of $44,000 (compared to $46,000 at Georgetown, $42,000 at Boston College, $74,000 at University of Chicago, and $64,000 at Princeton). Wallace has led Savannah College of Art and Design for over four decades, since founding the institution in 1978. Yale Conferences & Events. He chooses to be at Yale because he loves the institution, and thats a very special relationship. Johns Hopkins University . "They may include an entertainment allowance, a travel allowance, tuition support for family members, or even spousal pay.". The answer is not as complicated as some people would lead you to believe. Full-Time Salaries of Employed Graduates. Pioneering neuroscientist, biotechnology executive and academic leader Marc Tessier-Lavigne became Stanford University's eleventh president on September 1, 2016. She has a BA in journalism and previously worked with the South Florida Business Journal as a reporter and researcher. 2023 BestColleges.com, a Red Ventures Company, The Public Ivies, Little Ivies, and Other Ivy League Equivalents, University of Illinois - Urbana-Champaign, University of North Carolina - Chapel Hill, Do Not Sell or Share My Personal Information. Accessibility not specifically part of South Quad construction planning, university official says, Why QU law and other schools are dropping out of this popular college ranking. Should professors be worried? President compensation at over 400 private colleges and universities. the renovation of Larson, Perlroth and Troup residence halls. Full Time Appointments. AI programs can produce college papers. Total Employed Graduates. Researchers examined over 1,300 cases at George Washington University and . He became president of the university . A handful of the highest-paid college presidents have resigned from their posts. At Yale, he served as Dean of Yale College and the Edmund S. Morgan . The most recently reported data from The Chronicle of Higher Education from 2019 shows that the five highest-paid university presidents all lead private institutions. The personnel committee sets salaries with an eye to attracting and retaining highly qualified and highly motivated executives, based on an annual review of agreed upon goals.. According to the companys website, it. Use Next and Previous buttons to navigate. Jonathan Holloway, a U.S. historian, took office as the 21st president of Rutgers, The State University of New Jersey, on July 1, 2020. . $42,509 / yr. Postdoctoral Research Associate salaries - 150 salaries reported. Catherine Avalone/Catherine Avalone/New Haven Register. An independent compensation firm validates the list of appropriate peer institutions. Blyth has since been replaced in his role at Harvard by Nirmal Narvekar, who earned $6 million in 2015 while leading Columbia Universitys investments office. Yale's former president Richard C. Levin was, at the time, one of the highest paid university presidents in the United States with a 2008 salary of $1.5 million. Code Title 503 Account Assistant IV 953 Acquisitions Assistant III 628