146
Princeton Area Community Foundation
ALTERNATE NAME
Community Foundation
FORMER NAME
Princeton Area Foundation
ADDRESS
15 Princess Road
Lawrencevile, NJ 08648
PHONE
609-219-1800
FAX
609-219-1850
INTERNET ADDRESS
ADMINISTRATOR
Nancy W. Kieling, President and Executive Director
CONTACT NAME
Ralph M. Serpe, Executive Vice President
DESCRIPTION
A public benefit (nonprofit) organization working to connect
individuals, corporations and nonprofits to each other and to
issues and causes that matter in Mercer County and central New
Jersey, the Princeton Area Community Foundation provides
competitive discretionary grants and makes advised grants to
nonprofits after consultation with individuals or groups of
donors. It also serves as a convener and catalyst, leveraging
new funds and creating partnerships to enable residents to
solve community problems. The Community Foundation manages more than 200
individual, family and corporate funds, and nonprofit agency
endowments. It is one of more than 660 community foundations
in the United States and internationally. Less than 2% of
Foundation funds are used for administration, including
investment management, which puts 98% of all funds to work
for charitable purposes. In 2007 the Foundation awarded grants
totaling more than $2.5 million from the Greater Mercer Grants
Program, advised grants, the New Jersey AIDS Partnership and
private foundation partnerships. The Community Foundation's primar
y service area includes Trenton, the 12 other Mercer County municipalities
and surrounding communities in Hunterdon, Somerset, Middlesex,
Monmouth and Burlington counties.
PROGRAMS
Serves individuals, families and corporations by providing a
flexible way to give back to the community with giving options
that include: gifts to the unrestricted grant-making fund that
addresses critical community needs; advised funds for donors
who want to be involved in the grants process; field-of-interest
funds that support specific nonprofits; designated funds
created to support specific nonprofits; scholarship funds that
support area students for special instruction or post-secondary education.
Philanthropic resource for donors, professional advisors and
nonprofit organizations in central New Jersey, including
excellent on-line resources at www.pacf.org
FOUNDED
1991
SUBJECTS
Foundations
Funding and Grants
LAST UPDATED
3/08