Non-profit

Princeton Area Community Foundation

Website:

pacf.org/grants-scholarships/

Location:

Lawrenceville, NJ

Tax ID:

52-1746234

Tax-Exempt Status:

501(c)(3)

Budget (2020):

Revenue: $22,912,542
Expenses: $21,006,696
Assets: $231,468,802

Type:

Philanthropic Organization

Formation:

1991

Executive Director:

Jeffrey Vega

Budget (2021):

Revenue: $20,796,965
Expenses: $21,046,044
Assets: $266,456,755 1

References

  1. “Princeton Area Community Foundation Inc.” Return of Organization Exempt From Income Tax. (Form 990). 2021. Part I. https://projects.propublica.org/nonprofits/organizations/521746234/202233199349307568/full.

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Princeton Area Community Foundation is a New Jersey-based grantmaking organization that also helps families, individuals, businesses, and organizations create permanent charitable trusts. The foundation also administers those funds, awards grants and scholarships, and promotes philanthropy. 1

Princeton Area Community Foundation donors have supported various left-of-center organizations with contributions. In 2021, the foundation reported gifts of $362,531 to Planned Parenthood of Northern Central and South New Jersey. 2

History and Leadership

Princeton Area Community Foundation was founded in 1991 by a group of central New Jersey residents who awarded grants to nonprofits in Central New Jersey. Gradually families established donor funds with the Princeton Area Community Foundation and other nonprofit organizations joined Princeton Area Community Foundation, entrusting the organization with their endowments. 3 The foundation’s grants often seek to build and identify the next generation of leaders and are commonly focused in central New Jersey. 4

Jeffrey Vega is the president and CEO of Princeton Area Community Foundation. 5 6

Sonia Delgado is Princeton Area Community Foundation’s board chair. Previously she was a member of the Robert Wood Johnson Foundation New Jersey Initiatives Advisory Committee. 7

Activities and Funding

Princeton Area Community Foundation is a grantmaking organization that helps individuals, families, businesses, and organizations create permanent charitable trusts. Princeton Area Community Foundation also administers those funds, awards grants and scholarships, and promotes philanthropy. 8

The foundation strives towards a critical race theory-influenced concept of “equitable community,” 9 provides services for donors and philanthropists to develop their philanthropic plans, 10 and funds scholarships and grants for students in the Princeton, New Jersey area. 11

Grantmaking

In 2021, Princeton Area Foundation distributed $18,268,610 in grants. 12 These grants are issued through different operating endowed funds within the broader Princeton Area Community Foundation. These funds include the Princeton Area Community Foundation Future Fund, various donor-advised funds, designated funds, field of interest funds such as the Fund for Women and Girls, 13 and the NextGen Giving Circle Fund. 14 15 Princeton Area Community Foundation is also an active grantmaker through Greater Mercer Grants. 16

Princeton Area Community Foundation’s New Jersey Arts and Cultural Renewal Fund has sponsored a play supporting the far-left Black Lives Matter movement. 17

In 2021, Princeton Area Community Foundation’s grants included $450,000 to the Foundation for Educational Administration, $362,531 to Planned Parenthood of Northern Central and South New Jersey,  $306,000 to Arm in Arm, $119,400 to Every Child Valued, $80,000 to the Fair Share Housing Center, $80,000 to NEO Philanthropy, $40,200 to Doctors Without Borders, $40,000 to the Tides Foundation, $25,000 to Bard College, $25,000 to Planned Parenthood Association of Utah, $24,150 to the national Planned Parenthood Federation of America,  $17,200 to the Environmental Defense Fund, $16,750 to the American Civil Liberties Union (ACLU) New Jersey Chapter, $15,750 to the Greenpeace Fund, $14,786 to the American Association for the Advancement of Science (AAAS), $12,500 to left-wing DC Justice Lab, $10,200 to the ACLU Foundation New York, $10,000 to the Lawyers Committee for Civil Rights Under Law, and $6,100 to Oxfam America. 18

In 2020, the Princeton Area Community Foundation made $16,698,622 of grants. Grant recipients included Alliance for Global Justice, AAAS, ACLU New Jersey, ACLU New York, American Friends Service Committee, Boys and Girls Club of America, Catholic Charities Diocese of Trenton, Doctors Without Borders, Equal Justice Initiative, Immigration Services and Legal Advocacy, Institute for Educational Leadership, Interfaith Social Services, National Indian Youth Leadership Project, Pennsylvania Innocence Project, Silicon Valley Community Foundation, left-of-center Social and Environmental Entrepreneurs, left-of-center Social Good Fund, and others. 19

In 2019, Princeton Area Community Foundation contributed $9,600 to the left-of-center Voter Registration Project. 20

Funding

Princeton Area Community Foundation receives its funding from individual contributions, grants, and investment income. In 2021, the organization reported revenue of $20,796,965 and expenses of $21,046,044. In 2020, the organization reported revenue of $22,912,542 and expenses of $21,006,696. 21

References

  1. [1] “About Us.” Princeton Area Community Foundation. Accessed June 14, 2023. https://pacf.org/about-us/.
  2.  “Princeton Area Community Foundation Inc.” Return of Organization Exempt From Income Tax. (From 990). 2021. Schedule I. https://projects.propublica.org/nonprofits/organizations/521746234/202233199349307568/full.
  3. “About Us.” Princeton Area Community Foundation. Accessed June 14, 2023. https://pacf.org/about-us/.
  4. “Our Discretionary Grantmaking Footprint.” Princeton Area Community Foundation. Accessed June 15, 2023. https://pacf.org/about-us/library-and-documents/our-discretionary-grantmaking-footprint/.
  5.  “Princeton Area Community Foundation Inc.” Return of Organization Exempt From Income Tax. (Form 990). 2021. Part VII. https://projects.propublica.org/nonprofits/organizations/521746234/202233199349307568/full.
  6. “Our Staff.” Princeton Area Community Foundation. Accessed June 13, 2023. https://pacf.org/about-us/staff/.
  7. “2022 Board of Trustees and Associates.” Princeton Area Community Foundation. Accessed June 14, 2023. https://pacf.org/about-us/board-and-associates/.
  8. “About Us.” Princeton Area Community Foundation. Accessed June 14, 2023. https://pacf.org/about-us/.
  9. “About Us.” Princeton Area Community Foundation. Accessed June 14, 2023. https://pacf.org/about-us/.
  10. “Advisors.” Princeton Area Community Foundation. Accessed June 14, 2023. https://pacf.org/advisors/.
  11. [1] “Grants and Scholarships.” Princeton Area community Foundation. Accessed June 14, 2023. https://pacf.org/grants-scholarships/.
  12. “Princeton Area Community Foundation Inc.” Return of Organization Exempt From Income Tax. (From 990). 2021. Part I. https://projects.propublica.org/nonprofits/organizations/521746234/202233199349307568/full.
  13. “Fund for Women and Girls.” Princeton Area Community Foundation. Accessed June 13, 2023. https://pacf.org/grants-scholarships/grants/fund-for-women-and-girls/.
  14. “Princeton Area Community Foundation Inc.” Return of Organization Exempt From Income Tax. (Form 990). 2021. Part III. https://projects.propublica.org/nonprofits/organizations/521746234/202233199349307568/full.
  15. “Funds of our Foundation.” Princeton Area Community Foundation. Accessed June 13, 2023. https://pacf.org/about-us/funds-of-our-foundation/.
  16. “Princeton Area Community Foundation inc.” Return of Organization Exempt From Income Tax. (Form 990). 2021. Schedule O. https://projects.propublica.org/nonprofits/organizations/521746234/202233199349307568/full.
  17. “Black Lives / Blue Lives.” The Theater Project Think Theater. Accessed June 14, 2023. https://www.thetheaterproject.org/resources-for-black-lives-/-blue-lives
  18. “Princeton Area Community Foundation Inc.” Return of Organization Exempt From Income Tax. (From 990). 2021. Schedule I. https://projects.propublica.org/nonprofits/organizations/521746234/202233199349307568/full.
  19. “Princeton Area Community Foundation Inc.” Return of Organization Exempt From Income Tax. (Form 990). 2020. Schedule I. https://projects.propublica.org/nonprofits/organizations/521746234/202123199349311067/full.
  20. “Princeton Area Community Foundation Inc.” Return of Organization Exempt From Income Tax. (Form 990). 2019. Schedule I. https://pacf.org/wp-content/uploads/Princeton-Area-Community-Foundation-Inc.-2019-990-Public-Disclosure-Copy.pdf.
  21. “Princeton Area Community Foundation Inc.” Return of Organization Exempt From Income Tax. (Form 990). 2021. Part I. https://projects.propublica.org/nonprofits/organizations/521746234/202233199349307568/full.
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: September 1, 1991

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2020 Dec Form 990 $22,912,542 $21,006,696 $231,468,802 $52,780,003 N $19,707,552 $0 $1,263,406 $500,007
    2019 Dec Form 990 $20,224,203 $18,958,270 $199,474,737 $43,661,999 N $16,991,618 $0 $1,755,222 $432,443 PDF
    2018 Dec Form 990 $23,194,175 $21,976,687 $170,321,095 $39,170,540 N $19,835,641 $0 $2,104,557 $450,338 PDF
    2017 Dec Form 990 $37,913,014 $22,307,820 $175,719,923 $1,492,657 N $33,824,088 $0 $1,764,951 $382,568 PDF
    2016 Dec Form 990 $26,282,072 $18,288,898 $143,441,191 $1,850,912 N $27,602,987 $0 $1,181,046 $398,104 PDF
    2015 Dec Form 990 $28,227,076 $12,338,792 $121,339,216 $759,268 N $26,463,012 $0 $3,578,435 $364,499 PDF
    2014 Dec Form 990 $24,635,452 $11,115,364 $107,653,706 $1,260,854 N $18,198,027 $0 $6,140,987 $331,109 PDF
    2013 Dec Form 990 $9,626,846 $9,354,740 $98,639,543 $2,171,424 N $8,652,927 $0 $3,378,689 $289,309 PDF
    2012 Dec Form 990 $17,125,802 $7,565,242 $88,395,021 $426,852 N $13,087,947 $0 $1,431,714 $288,716 PDF
    2011 Dec Form 990 $13,375,020 $7,034,855 $75,963,642 $314,004 N $11,060,891 $0 $1,877,319 $294,059 PDF

    Additional Filings (PDFs)

    Princeton Area Community Foundation

    15 Princess Road
    Lawrenceville, NJ 08648-2336