It's official, Jeffrey Mishlove is getting the head chair, and the President of IRVA is going to be teaching.
Universities of Northampton, Edinburgh and Amsterdam have been the only "official" academic insitutes with courses AFAIK. The Rhein Research Center has also been doing research, but AFAIK their official connection with Princeton fell by the wayside?
Anyway, good news for the field in general. You got competition Courtney! :)