Posts Tagged “Georgetown administration”

On May 13, the University submitted its tax filings for fiscal year 2010 (July 1, 2009 – June 30, 2010). These forms detail Georgetown’s income, expenditures, and assets, as well as list the highest-paid University officials.

Graphics by John Flanagan (Click to enlarge)

The University faced a $21,493,687 deficit in its operating budget in fiscal year 2010. Meanwhile, the endowment grew by 12.5 percent to $1,007,299,044 (95 percent of its value as of July 1, 2008).

John Thompson III remained the highest-paid employee at $1,894,988, a 3.57 percent raise from the previous year. This increase in his and 7 of the other 15 highest salaries during fiscal year 2010 outpaced the 2.5 percent increase University President John DeGioia recommended for regular faculty members in January 2010.

DeGioia’s own salary increased by 0.03 percent, while the salaries of Thomas Aleinikoffformer dean of the law school, and Provost James O’Donnell fell by 6.75 percent and 0.84 percent, respectively.

Other top salaries after the jump.

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Earlier this week, the Washington Examiner‘s Emily Babay reported that Georgetown paid President John DeGioia $911,613 in 2008.

DeGioia’s salary, which included a $150,000 retirement annuity and an allocation for University-provided housing, marks a 40 percent increase over the previous year when he received $642,582.

Babay’s story got us thinking—how much do other University employees take home? According to tax forms filed by the University, it was plenty.

In 2008, John Thompson III made $1,829,757, which made him the University’s highest-paid employee. However, Thompson’s salary was a far cry from the $2,007,508 he was paid in the 2008 fiscal year. (In previous tax filings, compensation was based on fiscal year.)

SFS-Qatar Dean James Reardon-Anderson, who more recently took over “Map of the Modern World,” pulled in $676,025, while Provost James O’Donnell brought home $394,509.

And the three men tasked with building Georgetown’s endowment—Chief Investment Officer Lawrence Kochard ($702,158), Chief Financial Officer Christopher Augostini ($458,497), and Office of Advancement Vice President James Langley ($452,895)—all made the list too.

But, don’t expect salaries to continue to rise in 2010. Last January, DeGioia announced a salary freeze for all senior executives.

Want to know who else is making tons of cash at Georgetown? We’ve got the run-down after the jump.

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(Editor’s Note: From time to time when the Voice is not printing, we post opinion pieces written by Voice staffers on the blog. The following op-ed, in which soon-to-be-graduate Sam Sweeney examines Georgetown’s attitude toward its students, is the author’s opinion only and does not represent the views of the Voice or an endorsement of his opinion.)

Friday morning I stopped by the Leavey Program Room to register for Senior Week. I didn’t have much reason to—I’ll be in New York for my twin sister’s graduation during most of the events, but registration is free and comes with a t-shirt. And I never turn down a free t-shirt.

To receive a Senior Week bracelet, which admits you to a week’s worth of boozy events, you must show your Go-Card and state ID. On the registration table is a piece of paper that begins, “READ ALOUD,” and lists three points: (1) that the bracelet can’t be stretched, cut, or broken and is needed for admittance to all events; (2) that both IDs are needed for off-campus events with alcohol; (3) that seniors haven’t graduated yet and any violation of the student Code of Conduct, on or off campus, could affect our ability to graduate.

In order to get a bracelet, I was required to read the whole sheet aloud right there. “Why?” I asked. It’s the policy of the Center for Student Programs, I was told, and has been for a number of years.

I suppose I shouldn’t have been surprised. Being a student at Georgetown often means being subjected to such small indignities. And, of course, I did end up reading the statement aloud, slowly and deliberately, the CSP staffer hovering in front of me, ready to reward my obedience with a bright orange bracelet.

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