Foundation of the Rotary Club of the Princeton Corridor Inc
Foundation of the Rotary Club of the Princeton Corridor Inc is a private foundation, based in Princeton, NJ. IRS filing data is available from 2019 through 2026. As of 2026, the organization holds $254K in total assets. In 2026, it awarded 2 grants totaling $34K. Net investment income was $9K.
Foundation of the Rotary Club of the Princeton Corridor Inc at a glance
In short: Foundation of the Rotary Club of the Princeton Corridor Inc gave $34K across 2 grants in 2026 (avg $17K), mostly in New Jersey. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $34,060
- -23.4% vs 2025
- Grants made (2026)
- 2
- +0.0% vs 2025
- Average grant
- $17,030
- -23.4% vs 2025
- Median grant
- $17,030
- Total assets
- $254,170
- -5.7% vs 2025
- Primary geography
- New Jersey (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Foundation of the Rotary Club of the Princeton Corridor Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2026
The largest 2026 recipient was Scholarships to High Schools ($13K).
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 2 itemized grants.
States
Cities
How Foundation of the Rotary Club of the Princeton Corridor Inc gives
- Giving grew 340% from 2023 to 2026. Method
- In 2026 it paid out 205% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2026, annual grant giving ranged from $8K (2023) to $44K (2025). In 2026 it made 2 grants totaling $34K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various Princeton, NJ | Grants to other 501c3 organizations serving the west windsor plainsboro and contiguous areas. | $21,535 |
| Scholarships to High Schools Princeton, NJ | College Scholarships awarded to local high school seniors attend West Windsor Plainsboro High School North and South and Princeton High School | $12,525 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $254,170 | $24,545 | $40,045 | $34,060 | 2 | $34,060 | $8,879 | $16,641 |
| 2025 | $269,670 | $37,868 | $47,784 | $44,482 | 2 | $44,482 | $8,529 | $14,712 |
| 2024 | $276,586 | $31,288 | $35,564 | $32,727 | 2 | $32,727 | $7,630 | $14,719 |
| 2023 | $280,862 | $9,127 | $21,029 | $7,736 | 2 | $18,736 | $8,905 | $14,056 |
| 2022 | $292,764 | $34,845 | $38,186 | $18,917 | 4 | $32,917 | $14,037 | $15,133 |
| 2021 | $296,105 | $32,710 | $26,895 | $17,274 | 5 | — | $5,549 | $15,350 |
| 2020 | $290,290 | $6,869 | $31,210 | $21,629 | 6 | — | $7,468 | $14,832 |
| 2019 | $314,631 | $3,438 | $27,112 | $13,774 | 6 | — | $6,586 | $8,365 |
Under IRS private-foundation payout rules, Foundation of the Rotary Club of the Princeton Corridor Inc reported a distributable amount of $17K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Foundation of the Rotary Club of the Princeton Corridor Inc is led by Matthew Drago, President on the 2026 filing; none of the 3 officers listed in 2026 report compensation.
Officers on the 2026 filing
Matthew Drago
President
New on the 2026 filing
1 hr/week
No compensation reported
Eric P. Rosenblum
Secretary
On filings since 2022
No compensation reported
Salvatore Levatino
Treasurer
On filings since 2022
1 hr/week
No compensation reported
Former officers (8)
- Former: Stephen Francis (2025) — President
- Former: Jim Kilduff (2022–2024) — Vice President
- Former: John Molinelli (2022–2023) — President
- Former: Daniel Sheridan (2019–2021) — Treasurer
- Former: Russ Schenkman (2019–2021) — Secretary
- Former: Mike Pine (2021) — President
- Former: Gerhard Franz (2020) — President
- Former: Jeffrey Gradone (2019) — President
Data from IRS Form 990 filings, 2019–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Foundation of the Rotary Club of the Princeton Corridor Inc
How much does Foundation of the Rotary Club of the Princeton Corridor Inc give each year?
Foundation of the Rotary Club of the Princeton Corridor Inc gave $34K across 2 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $44K across 2 grants.
How large is Foundation of the Rotary Club of the Princeton Corridor Inc?
Foundation of the Rotary Club of the Princeton Corridor Inc reported $254K in total assets on its 2026 IRS Form 990-PF. It paid out $34K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).
Where does Foundation of the Rotary Club of the Princeton Corridor Inc operate?
Foundation of the Rotary Club of the Princeton Corridor Inc has awarded grants in New Jersey.
What is Foundation of the Rotary Club of the Princeton Corridor Inc's EIN?
Foundation of the Rotary Club of the Princeton Corridor Inc's EIN (Employer Identification Number) is 22-3032210. IRS Form 990 filing data is available on this page for 2019–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(9)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 26, 2026)
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 13, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 17, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS December 5, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 11, 2026)
- IRS filings on file for fiscal years 2019–2025
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