Princeton Area Community Foundation Inc

Organization Overview

Princeton Area Community Foundation Inc is located in Lawrenceville, NJ. The organization was established in 1991. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Princeton Area Community Foundation Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Princeton Area Community Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Princeton Area Community Foundation Inc generated $20.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $21.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Princeton Area Community Foundation Inc has awarded 2,072 individual grants totaling $114,323,840. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PRINCETON AREA COMMUNITY FOUNDATION PROMOTES PHILANTHROPY THROUGH EDUCATION, GRANT MAKING, AND BY CREATING A NETWORK OF DONORS, ADVISORS AND NONPROFIT CORPORATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COMMUNITY FOUNDATION IS AN ACTIVE GRANTMAKER THROUGH SEVERAL COMPETITIVE GRANT PROGRAMS; ALL KIDS THRIVE IS ADDRESSING HIGH RATES OF CHRONIC ABSENTEEISM IN LOCAL PUBLIC SCHOOLS, AND COMMUNITY IMPACT GRANTS SUPPORT NONPROFITS WORKING TO IMPROVE THE QUALITY OF LIFE FOR CHILDREN,FAMILIES, AND COMMUNITIES. THE COMMUNITY FOUNDATION ALSO MAKES GRANTS FROM DONOR ADVISED,DESIGNATED,NONPROFIT AND FIELD OF INTEREST FUNDS AND SUPPORTS GIVING CIRCLES INCLUDING THE FUND FOR WOMEN AND GIRLS AND THE NEXTGEN GIVING CIRCLE (SEE SCHEDULE O FOR MORE DETAILS).


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wimbleton Properties
General Contractor
$840,855
Scott Lauer
Project Management
$124,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$3,309
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$15,794,204
Noncash contributions included in lines 1a–1f $6,076,736
Total Revenue from Contributions, Gifts, Grants & Similar$15,797,513
Total Program Service Revenue$0
Investment income $2,040,805
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,601,475
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,796,965

Grants Awarded

Over the last fiscal year, Princeton Area Community Foundation Inc has awarded $17,084,408 in support to 397 organizations.

Grant RecipientAmount

PRINCETON SENIOR RESOURCE CENTER

Org PageRecipient Profile

Princeton, NJ

PURPOSE: the Capital Campaign

$1,482,671

NEW JERSEY CONSERVATION FOUNDATION

Org PageRecipient Profile

Far Hills, NJ

PURPOSE: $25,000.00 for the Michele S. Byers Legacy Fund an

$1,316,500

FOUNDATION FOR EDUCATIONAL ADMINISTRATION

Org PageRecipient Profile

Monroe Twp, NJ

PURPOSE: Healing Centered Engagement in Mercer County Schoo

$450,000

YOUNG AUDIENCES OF NEW JERSEY & EASTERN PA

Org PageRecipient Profile

Princeton, NJ

PURPOSE: supporting the 2021 Annual Fund

$369,644

PLANNED PARENTHOOD OF NORTHERN CENTRAL AND SOUTH

Org PageRecipient Profile

Morristown, NJ

PURPOSE: general support

$362,531

GREATER HOUSTON COMMUNITY FOUNDATION

Org PageRecipient Profile

Houston, TX

PURPOSE: NRG Chairman's Scholarship fund transfer to GHCF

$357,820
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 42 grants that Princeton Area Community Foundation Inc has recieved totaling $3,182,998.

Awarding OrganizationAmount
Community Foundation Of New Jersey

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$525,000
Geraldine R Dodge Foundation Incorporated

Morristown, NJ

PURPOSE: TO SUPPORT A STATEWIDE FUND TO SUPPORT NEW JERSEY ARTISTS AND ARTS ORGANIZATIONS NEGATIVELY FINANCIALLY IMPACTED BY THE COVID-19 PANDEMIC

$300,000
Geraldine R Dodge Foundation Incorporated

Morristown, NJ

PURPOSE: TO SUPPORT A STATEWIDE FUND TO SUPPORT NEW JERSEY ARTISTS AND ARTS ORGANIZATIONS NEGATIVELY FINANCIALLY IMPACTED BY THE COVID-19 PANDEMIC

$300,000
Jay And Linda Grunin Foundation Inc

Toms River, NJ

PURPOSE: CAPACITY SUPPORT - NJACRF

$207,500
Fund For New Jersey

Princeton, NJ

PURPOSE: TO SUPPPORT FAIR REDISTRICTING IN NJ.

$200,000
Wellness Foundation

Wilmington, DE

PURPOSE: RESHMI AND MAHMOOD SIDDIQUE CHARITABLE FUND

$150,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$50,326,767
Earnings$7,646,329
Net Contributions$579,340
Grants$889,824
Ending Balance$57,662,612

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