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Princeton Area Community Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521746234 ✦ Princeton, NJ ✦ Designated as a 501(c)(3)

Overview

What is Princeton Area Community Foundation Inc?

Princeton Area Community Foundation Inc is a New Jersey-based nonprofit organization, specifically located at 212 Carnegie Center Suite 201, Princeton. They are dedicated to promoting philanthropy and bettering their communities through education, grant making, and fostering relationships with donors, advisors, and nonprofit corporations. Their mission encompasses various grantmaking initiatives, including education, arts, basic human needs, and capacity building, among others. The Community Foundation actively grants funds through competitive programs like All Kids Thrive and Community Impact, as well as Donor Advised, Designated, Nonprofit, and Field of Interest funds. Furthermore, they support giving circles such as the Fund for Women and Girls and The NextGen Giving Circle. With a team of 19 employees, they aim to make a positive impact on children, families, and communities within their reach.


Official website here: www.pacf.org

Is Princeton Area Community Foundation Inc legitimate?

Princeton Area Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton Area Community Foundation Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $532,185
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,325,950

For more financial information, click here


Official website here: www.pacf.org

What is the mission statement of Princeton Area Community Foundation Inc?

The Princeton Area Community Foundation promotes philanthropy to enhance the well-being of communities. This community foundation engages in education, grant making, and building networks of donors, advisors, and nonprofit corporations. Their grantmaking initiatives span various areas, including education, arts, basic human needs, and capacity building. For instance, the All Kids Thrive initiative aims to reduce high rates of chronic absenteeism in local public schools, while Community Impact grants support nonprofits improving the quality of life for children, families, and communities. The foundation also offers grants from different types of funds and supports giving circles like the Fund for Women and Girls and The NextGen Giving Circle.


Official website here: www.pacf.org

Who is the CEO of Princeton Area Community Foundation Inc?

Jeffrey M Vega is the President & Ceo of Princeton Area Community Foundation Inc. The CEO's salary of Princeton Area Community Foundation Inc is $260,787 and their total compensation is $296,238.


Official website here: www.pacf.org

What is the revenue of Princeton Area Community Foundation Inc?

Princeton Area Community Foundation Inc's revenue in 2022 was $25,007,087.


Official website here: www.pacf.org

Who are the executives of Princeton Area Community Foundation Inc and what are their salaries?

The average compensation at Princeton Area Community Foundation Inc during 2022 was $97,797. There are 19 employees and 60 volunteers at Princeton Area Community Foundation Inc.

Here are 30 key members and their salaries (Princeton Area Community Foundation Inc's CEO's salary is $260,787 and their total compensation is $296,238):

    Jeffrey Vega (President & Ceo)
  • Compensation: $260,787
  • Related: $0
  • Other: $35,451

    • Laura Longman (Coo/Cfo)
  • Compensation: $208,506
  • Related: $0
  • Other: $24,836

    • Marcia Shackelford (Chief Philanthropy Officer)
  • Compensation: $185,388
  • Related: $0
  • Other: $31,668

    • Nelida Valentin (Vice President, Grants & Prgm)
  • Compensation: $162,643
  • Related: $0
  • Other: $17,784

    • Lynnee Toye (Exe. Dir Of New Jersey Arts)
  • Compensation: $159,554
  • Related: $0
  • Other: $13,328

    • Michael R Nuno (Sr. Director Of Philanthropy)
  • Compensation: $140,225
  • Related: $0
  • Other: $17,843

    • Suzanne Degrouchy (Vice President, Accounting)
  • Compensation: $115,117
  • Related: $0
  • Other: $17,879

    • Sonia Delgado Mga (Board Chair - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony J Cimino (Immediate Past Chair - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanne Besser (Board Secretary - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Everman Cpa Cgma (Treasurer - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ana Berdecia Med (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vernon Bramble Mba Cae (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Bronzan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Downs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew K Golden Cfa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawn W Ellsworth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peg Forrestel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • De Kathryn A Kate Foster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Shannon Mason (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Eshelman Mccusker (Trusttee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Mcneilly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scot D Pannepacker Cpaabv Cff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rakia Reynolds (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie Kyte Sapoch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John P Thurber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael H Ullmann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne M Vanlent (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Atiya Weiss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tonya Woodland Mhrm Ms (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pacf.org

    Where can I find the form 990 for Princeton Area Community Foundation Inc?

    The Princeton Area Community Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pacf.org

    Learn more at the official website: www.pacf.org

    Mission Statement of Princeton Area Community Foundation Inc

    The Princeton Area Community Foundation, a leading philanthropic organization, is dedicated to fostering charitable giving and community development through education, grant making, and networking. By promoting philanthropy, this esteemed foundation seeks to enhance the overall well-being of various communities.

    With a multifaceted approach to grantmaking, the Community Foundation invests in programs focusing on education, arts, basic human needs, and capacity building. Two of their key initiatives include All Kids Thrive and Community Impact grants. All Kids Thrive is an ambitious project aimed at mitigating high rates of chronic absenteeism in local schools. Community Impact grants, on the other hand, provide essential support to nonprofit organizations working to improve the lives of children, families, and communities.

    In addition to their competitive grant programs, the Community Foundation manages various funds such as Donor Advised, Designated, Nonprofit, and Field of Interest funds. These funds enable donors to make a lasting impact on causes they care about most. Furthermore, the foundation encourages collaborative giving through initiatives like the Fund for Women and Girls and The NextGen Giving Circle.

    By acting as a catalyst for change, the Princeton Area Community Foundation brings together philanthropists, advisors, and nonprofit corporations, ultimately strengthening the social fabric of the communities they serve.

    Impact

    This information is meant to be a general summary of Princeton Area Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Princeton Area Community Foundation Inc promotes philanthropy to advance the well-being of our communities. Through various grantmaking initiatives in education, arts, basic human needs, capacity building, and more, the foundation has a significant impact on improving the quality of life for children, families, and communities in the Princeton area. Initiatives like All Kids Thrive, which addresses chronic absenteeism in local public schools, and Community Impact grants supporting nonprofits demonstrate the foundation's commitment to fostering positive change and creating a network of donors and advisors dedicated to making a difference.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,805,532
  • Program Service Revenue: $0
  • Gross Receipts: $30,349,770

    • Assets and Liabilities:
  • Total Assets: $240,180,528
  • Total Liabilities: $73,629,049
  • Net Assets: $166,551,479
  • Organization Details

    Founding Year

    1991

    Principal Officer

    Jeffrey M Vega

    Main Address

    212 Carnegie Center Suite 201, Princeton, NJ, 08540

    NTEE Category

    Code: T310 - Philanthropy

    If you are a representative of Princeton Area Community Foundation Inc 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.