Trustees of Princeton University in the context of "Princeton University"

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⭐ Core Definition: Trustees of Princeton University

The Trustees of Princeton University is a 40-member board responsible for managing Princeton University's $37.6 billion endowment (2021), real estate, instructional programs, and admission. The Trustees include at least 13 members elected by alumni classes, and the Governor of New Jersey and the President of the university as ex officio members.

The Trustees' mission and responsibilities stem from the original charter of the college, written in 1746. The Trustees oversee the budget of the university through the Princeton University Investment Company (PRINCO). Notable recent policy decisions include implementing the residential college system, accepting coeducation, and increasing the size of the undergraduate student body.

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👉 Trustees of Princeton University in the context of Princeton University

Princeton University is a private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. The institution moved to Newark in 1747 and then to its Mercer County campus in Princeton nine years later. It officially became a university in 1896 and was subsequently renamed Princeton University.

The university is governed by the Trustees of Princeton University and has an endowment of $37.7 billion, the largest endowment per student in the United States. Princeton provides undergraduate and graduate instruction in the humanities, social sciences, natural sciences, and engineering to approximately 8,500 students on its main campus spanning 600 acres (2.4 km) within the borough of Princeton. It offers postgraduate degrees through the Princeton School of Public and International Affairs, the School of Engineering and Applied Science, the School of Architecture and the Bendheim Center for Finance. The university also manages the Department of Energy's Princeton Plasma Physics Laboratory and is home to the NOAA's Geophysical Fluid Dynamics Laboratory. It is classified among "R1: Doctoral Universities – Very high research activity" and has one of the largest university libraries in the world.

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