Visit Business Insider's homepage for more stories. Heather K. Gerken Reappointed Dean of Yale Law School The renovation came after, Quinnipiac paid interior construction and furniture company Strategic Spaces $743,257 in 2019. Chancellors & Presidents jobs The following five individuals/entities (interested persons) received: To read the IRS Form 990 (2015), click here. The majority of the funds, or around $47.5 million, were labeled as investments in the Central America and the Caribbean region. Harvard University may be the richest institution of higher education, but its president is far from being the richest private college chief executive. Here are the highest-paid university presidents from private and public colleges in the US: Ratio of total compensation to average full-professor salary: 16:1, Ratio of total compensation to average full-professor salary: 9:1, Ratio of total compensation to average full-professor salary: 4:1, Ratio of total compensation to average full-professor salary: 11:1, Ratio of total compensation to average full-professor salary: 12:1, Ratio of total compensation to average full-professor salary: 27:1, Ratio of total compensation to average full-professor salary: 10:1, Ratio of total compensation to average full-professor salary: 13:1. The staggering cost of a college education perplexes many people who often wonder: Why does a 4-year degree from a top private school cost about $300,000 (or about $70,000-$75,000 annually)? University Job TitleAssistant Vice President, DevelopmentBargaining UnitNone - Not included in theSee this and similar jobs on LinkedIn. An informational website that covers food, innovative products, books, culture, education, travel, and life experiences. 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. During his tenure, the university expanded from a one-campus, health sciences university into a professional institution with multiple campuses. Yale president 'sorry' alleged donor interference led to Grand Strategy Yale also provided housing allowances or residences for personal use, personal services (i.e. To read more about these benefits, see Schedule J, Part III of the Form 990. Quinnipiac vice president for public affairs Lynn Bushnell in a statement said the university adheres to standards of corporate governance in establishing executive compensation for all senior-level officers., Compensation levels are set by the personnel committee of the Board of Trustees and are determined after reviewing compensation levels at comparable institutions, Bushnell said in the statement. Catherine Avalone/Catherine Avalone/New Haven Register. Yale University Salary Position Focus: Reporting to the Director of Communications, the senior writer will support external and internal communications for the Office of the President. 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 director, parent gifts has responsibility for leading the university's thriving parent giving program to unprecedented levels of success in the context of the $7 billion For Humanity campaign and beyond. As Larry Summers, Faust's predecessor, showed, the type of person with "Harvard President" on their resume can also be someone in consideration for some of the highest ranking positions in government. Gutmann, the eighth president of the University of Pennsylvania (Penn), was the second highest-paid female university president in 2019. Senior director of investments Dean Takahashi, who earned about $3.2 million, was the second-highest paid employee in 2015. U.S. college president compensation at over 400 private colleges and Warminster, Pennsylvania. Rebuild California Town Hall | California, film director, writer How much does Yale University pay in the United States? Olian made $524,436 during her first six months (July to December 2018) as Quinnipiac president. Executive Compensation at the International Fellowship of Christians and Jews (2020), Executive Compensation at UPMC (Pittsburgh, PA), Executive Compensation at the American Red Cross (2021), Executive Compensation at the Girl Scouts, Executive Compensation at the Girl Scouts (2021), Executive Compensation at Kaiser Health (2019), Executive Compensation at United Way (2019), Executive Compensation at UnityPoint Health, Executive Compensation at the San Diego Zoo Wildlife Alliance(2020). Less spending, investment loss: Quinnipiac's financial standing when COVID-19 began, Quinnipiacs 2018 finances give insight in how COVID-19 accelerated past spending, Olian earns $524K during her first six months as president, Less spending, investment loss: Quinnipiacs financial standing when COVID-19 began. On July 1, 2022, M. Elizabeth "Liz" Magill became the University of Pennsylvania's ninth President. 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. 2023 BuzzFeed, Inc. All rights reserved. Since the salaries in the 990 form were reported by calendar year (2019) instead of fiscal year, Olians income did not include. As of the end of fiscal 2016, Yales endowment had a total market value of $25.4 billion. The return on its endowment was of $1.4B (4.5%), compared to the 3.43% average return ($10.5M on $307M) across all Doctoral Universities. The number of presidents earning over $1 million is unusually high in 2015. Executive Compensation at Yale | Paddock Post By clicking Sign up, you agree to receive marketing emails from Insider The fourth individual to lead Harvards investments office in the past decade, Narvekar will earn at least $6 million this year, according to the Wall Street Journal. Despite being the second highest-paid university president in 2019 due to his sizable compensation package for the year, Klasko's total pay in 2019 was an 18% decrease from the $5.4 million he earned the previous year. As Yales fiscal year ends on June 30, Swensens compensation for 2015 overlapped with both fiscal 2016 and fiscal 2015, when the University reported endowment returns of 3.4 percent and 11.5 percent, respectively. Tenure-track positions have shrunk as low-wage adjunct professors who typically work without benefits increase on campuses, according to the American Association of University Professors. Postdoctoral Fellow- Computational Theorist in Washington , DC for Out of the 10 projects above, eight listed FIP Construction as a primary contractor, as well as the three residence halls. Assistant Professor (minimum) 90,000. AI programs can produce college papers. Total Employed Graduates. As Yale's chief legal officer and legal . Tempe, AZ. Posted 02/28/23. "There has never been as great a discrepancy in higher education between those who are the highest paid and those who are the lowest paid," William Tierney, professor and co-director of the Pullias Center for Higher Education at the University of Southern California, told The Washington Post. What used to be a breakdown of salaries, benefits, and bonuses now includes financial perks and opportunities similar to those given to CEOs of major corporations. It has a total undergraduate enrollment of 6,536 (fall 2021), its setting is city, and the campus size is 373 acres. Considering the relatively low cost of living in the New Haven area, the resident salaries are highly competitive. Faust made $899,734 in 2011, putting her at the 54th highest paid. Bloomberg. Led discussions on influencing internet policy to contribute towards ISOC meetings discussing policy change among local chapters. In 1716 the school was moved to New Haven, and in 1718 it was renamed Yale . He was student body president from May 2019 to September 2020. The decline in Swensens pay from 2014 to 2015 also coincided with a decline in the performance of Yales endowment, though returns consistently remained among the highest for universities. The total pay amount is an increase from the $977,219 he made in 2014. Klasko began his time as president of Jefferson in September 2013, retiring in December 2021. Yale University Jobs, Employment | Indeed.com Office of the President | Yale University Enter your email address to follow this blog and receive notifications of new posts by email. In 2019, among 11 Connecticut four-year private colleges and universities with the 2019 fiscal year 990 forms available as of July 6, the Quinnipiac president's salary came in fourth. The highest-paid university president in the ranking is the former president of Bryant University, Ronald K. Machtley. University of Pennsylvania President Amy Gutman ($3.1 million) was the top-earning Ivy League school president. H John Voorhees III / Hearst Connecticut Media, Brian A. 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. Yale University Dislikes. Actors Equity Association: How Membership Dues areSpent, Executive Compensation at Actors EquityAssociation, Executive Compensation at Shriners Hospitals(2020). Though Swensen may earn more than his colleagues in New Haven, his compensation pales in comparison to his counterparts at the helm of at least one other Ivy League endowment despite Yales superior performance.
yale university president salary