Princeton Area Community Foundation Inc logo

Princeton Area Community Foundation Inc

PRINCETON, NJ EIN: 52-1746234 Website

Princeton Area Community Foundation Inc (PACF) is a community foundation established in 1991 and headquartered in Princeton, New Jersey. As one of New Jersey's leading community foundations, PACF serves as the philanthropic nexus of central New Jersey, helping individuals, families, businesses, and organizations create permanent charitable funds. The foundation operates donor-advised funds and provides grantmaking, scholarship administration, and philanthropic advisory services.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$279.6M

+2.7% YoY

Annual Giving

$31.3M

+137.9% YoY

Grant Count

515

+23.8% YoY

Avg Grant Size

$61K

+92.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: "Promoting philanthropy to advance the well-being of our communities forever."

PACF's vision is "Thriving Philanthropy, Thriving Communities." The foundation is committed to helping the region and its residents—particularly children—thrive. The foundation focuses on supporting economically disadvantaged populations and has strategically concentrated grantmaking on reducing chronic absenteeism through its flagship All Kids Thrive program (which represented 75% of discretionary grantmaking and concluded its five-year cycle in 2023) and responsive community needs through Community Impact Grants.

Primary funding areas include education, human services, and philanthropy/voluntarism.

Grantmaking

The foundation has distributed over $200 million in grants since its founding.

Grant Range

** $1,000 - $150,000

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Geographic Focus

Where this funder awards grants

Greater Mercer County, New Jersey and surrounding Central New Jersey region. The foundation also funds in New York and Pennsylvania.

Grant Distribution by State

49states
+41 more states

Cities

AlbanyAlbuquerqueAlexandriaAllenhurstAllentownAmherstAnchorageAndoverAnn ArborAnnandaleonhudsonArlingtonAsburyAsbury ParkAshevilleAshlandAtlantaAtlantic CityAustinBainbridge IslandBala Cynwyd

Financial History

Multi-year comparison from IRS filings

Assets: $260+ million (as of 2023: $272 million in total assets)

Annual Giving: $15.6 million (2023)

Revenue: $25.3 million (2023)

Expenses: $19.6 million (2023)

Total Liabilities: $83.9 million (2023)

Investments: $170.6 million

Employees: 19 (as of 2021); 14 employees (as of more recent data)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M$40M20202021202220232024
Metric202420232022
Total Assets$279,610,078$272,241,294$240,180,528
Revenue$20,887,454$25,299,437$25,007,087
Expenses$36,801,508$19,550,271$22,547,043
Qualifying Distributions
Net Investment Income$4,721,312$1,718,900$4,805,532
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$8M$16M$23M$31M332 grants2020397 grants2021414 grants2022416 grants2023515 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NonProfitConnect$1.7MBoys & Girls Clubs - Mer…$1.6MRISEA Community Ser$1.6MHomeFront$1.3MTrenton Area Soup Ki$1.3MRescue Mission$1.1MAnchor House Inc$1.1MOutdoor Equity Alliance$1.1MCapital City Community F…$1.1MFather Center of New Jer…$1.1M

Grant Size Distribution

250 grants across all recorded years

159<$50K33$50–100K36$100–250K9$250–500K1$500K–1M12$1–5M$5M+

Open Grants

16 open opportunities from Princeton Area Community Foundation Inc

Show all 16 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Danny Freund: Director of Discretionary Grantmaking Activities
  • Nelida Valentin: Vice President, Grants & Programs
  • Laura Longman: Chief Financial Officer
  • Steven Spinner: Chief Philanthropy Officer

Compensation Overview

From 2024 IRS filing

LAURA J LONGMANCOO/CFO (interim CEO)$298KMARCIA W SHACKELFORDCHIEF PHILANTHROPY OFFICER$207KNELIDA VALENTINVICE PRESIDENT, GRANTS & PRGM$201KLYNNE TOYEEXEC DIR OF NEW JERSEY ARTS$186KMICHAEL R NUNOSENIOR DIR OF PHILANTHROPY$162KMICHELLE M SAHNDIRECTOR OF COMMUNICATIONS$141KJeffrey VegaPresident/CEO (Dec'd 1/28/24)$88K

From 2024 filing

NameTitleHoursCompensation
LAURA J LONGMANCOO/CFO (interim CEO)40$298,381
MARCIA W SHACKELFORDCHIEF PHILANTHROPY OFFICER40$206,725
NELIDA VALENTINVICE PRESIDENT, GRANTS & PRGM40$201,098
LYNNE TOYEEXEC DIR OF NEW JERSEY ARTS40$185,695
MICHAEL R NUNOSENIOR DIR OF PHILANTHROPY40$162,333
MICHELLE M SAHNDIRECTOR OF COMMUNICATIONS40$140,865
Jeffrey VegaPresident/CEO (Dec'd 1/28/24)40$87,973
SONIA DELGADO MGABOARD CHAIR5
LOVERPREET BUTTARTREASURER5
SCOT D PANNERPACKERCPAABV CFFSECRETARY5
MARYGRACE BILLEK MSSWTRUSTEE1
NICOLE BRONZANTRUSTEE1
KA'NEDA N BULLOCK CFP MBA AIFTRUSTEE1
STEVE DOWNSTRUSTEE1
PEG FORRESTELTRUSTEE1
ANDREW K GOLDEN CFATRUSTEE1
DR SHANNON MASONTRUSTEE1
HEATHER ESHELMAN MCCUSKERTRUSTEE1
VICTORIA RIVERA-CRUZTRUSTEE1
JOHN P THURBERTRUSTEE1
MICHAEL ULLMANNTRUSTEE1
MIKE VAN WAGNERTRUSTEE1
ATIYA WEISSTRUSTEE1
TONYA WOODLAND MHRM MSTRUSTEE1

Recent News & Activity

Recent developments and announcements

2025

Awarded more than $1.3 million in 2025 Community Impact Grants to 40 local nonprofits

Princeton Area Community Foundation Awards $155,000 in Critical Needs Grants

Awarded $2.4 million in grants to more than 50 local nonprofits

Princeton Area Community Foundation Awards $155,000 Grants to Local Nonprofits

Awarded $155,000 in critical needs grants to local nonprofits

Princeton Area Community Foundation Awards $155,000 in Critical Needs Grants
2023

Concluded its five-year All Kids Thrive program in 2023, which focused on reducing chronic absenteeism

Contact Information

Address: 212 Carnegie Center, Suite 201, Princeton, NJ 08540

Phone: 609-219-1800

Email: info@pacf.org

Website: https://pacf.org

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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