Overview
What is Princeton Prospect Foundation?
The Princeton Prospect Foundation is a nonprofit organization based in Princeton, New Jersey. Its primary mission is to preserve and restore historically and architecturally significant buildings belonging to Princeton University's eating clubs. The organization aims to educate the general public about the history and architecture of these buildings. Additionally, the Princeton Prospect Foundation works towards enhancing the education of students associated with these clubs. This commitment to preserving historical landmarks and supporting students' education sets the Princeton Prospect Foundation apart as a dedicated and multifaceted nonprofit organization.
Official website here: www.princetonprospectfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Princeton Prospect Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. This rating is based entirely on its accountability and finance metrics, with a score of 95%. The foundation's financial oversight is highlighted by its fully independent board and a complete absence of material diversions of assets, indicating robust governance practices.
Strengths of the organization include its high program expense ratio of 93.57%, which suggests that the majority of its funds are allocated directly to its programs rather than administrative costs. Additionally, the foundation demonstrates exceptional fundraising efficiency, with no costs associated with fundraising liabilities. The foundation's practices, such as having its tax form reviewed by the board before filing and ensuring appropriate documentation of board meeting minutes, further support its strong governance.
However, one noted limitation is the absence of a whistleblower policy, which has resulted in a score of zero in that category. While this does not significantly detract from the overall financial health and governance practices, it indicates an area for potential improvement to enhance transparency and protect whistleblowers within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Princeton Prospect Foundation legitimate?
Princeton Prospect Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton Prospect Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.princetonprospectfoundation.org
What is the mission statement of Princeton Prospect Foundation?
The Princeton Prospect Foundation's mission is primarily focused on two key areas. Firstly, it aims to preserve and restore historically and architecturally significant buildings owned and used by Princeton University's eating clubs. Secondly, it strives to enhance the education of students affiliated with these clubs, educating the general public about the history and architecture of these buildings as well.
Official website here: www.princetonprospectfoundation.org
Who is the CEO of Princeton Prospect Foundation?
Graham A Harrison is the Vice Chair of Princeton Prospect Foundation.
Official website here: www.princetonprospectfoundation.org
What is the revenue of Princeton Prospect Foundation?
Princeton Prospect Foundation's revenue in 2023 was $2,482,323.
Official website here: www.princetonprospectfoundation.org
Who are the executives of Princeton Prospect Foundation and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $6,621
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.princetonprospectfoundation.org
Where can I find the form 990 for Princeton Prospect Foundation?
Princeton Prospect Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.princetonprospectfoundation.org
Learn more at the official website: www.princetonprospectfoundation.org
Mission Statement of Princeton Prospect Foundation
The Princeton Prospect Foundation is dedicated to preserving the historical and architectural significance of Princeton University's eating clubs. Its mission extends beyond preservation, aiming to also enrich the education of students associated with these clubs. The organization works towards achieving these objectives by facilitating the restoration of historically important buildings that are owned and occupied by these clubs. Furthermore, the Princeton Prospect Foundation seeks to educate the general public about the history and architecture of these buildings, thereby fostering a deeper appreciation for the heritage of Princeton University's eating clubs. In addition to preservation and education, the foundation also focuses on enhancing the educational experience of students belonging to these clubs.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Princeton Prospect Foundation plays a pivotal role in preserving the historical and architectural significance of Princeton University’s eating clubs, which are vital components of the university’s culture and heritage. By facilitating the restoration of these historic buildings, the foundation not only protects valuable architectural landmarks but also serves to educate the public about their rich history.
In addition to its preservation efforts, the foundation actively contributes to the education of students associated with the clubs, ensuring that they have access to the resources and knowledge necessary to appreciate and engage with their traditions. This dual focus on preservation and education enhances the cultural fabric of Princeton, creating a deeper connection between the university, its alumni, and the wider community. The foundation's work not only safeguards the past but also enriches the educational experiences of current and future generations.
This information is meant to be a general summary of Princeton Prospect Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $56,056
- Gross Receipts: $2,482,323
Assets and Liabilities:
- Total Assets: $5,407,576
- Total Liabilities: $42
- Net Assets: $5,407,534
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1959
Phone
(609) 258-1380Principal Officer
Graham A Harrison
Main Address
PO BOX 15, PRINCETON, NJ, 085420015
NTEE Category
Code: B43I - Education
If you are a representative of Princeton Prospect Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.