Princeton Area Community Foundation Inc
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
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
States
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
16 open opportunities from Princeton Area Community Foundation Inc
All Kids Thrive
Princeton Area Community Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Community Impact Grants
Princeton Area Community Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Fund Critical Needs Response Initiative
Princeton Area Community Foundation Inc
Amount
Varies
Deadline
Rolling / Open
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURA J LONGMAN | COO/CFO (interim CEO) | 40 | $298,381 |
| MARCIA W SHACKELFORD | CHIEF PHILANTHROPY OFFICER | 40 | $206,725 |
| NELIDA VALENTIN | VICE PRESIDENT, GRANTS & PRGM | 40 | $201,098 |
| LYNNE TOYE | EXEC DIR OF NEW JERSEY ARTS | 40 | $185,695 |
| MICHAEL R NUNO | SENIOR DIR OF PHILANTHROPY | 40 | $162,333 |
| MICHELLE M SAHN | DIRECTOR OF COMMUNICATIONS | 40 | $140,865 |
| Jeffrey Vega | President/CEO (Dec'd 1/28/24) | 40 | $87,973 |
| SONIA DELGADO MGA | BOARD CHAIR | 5 | — |
| LOVERPREET BUTTAR | TREASURER | 5 | — |
| SCOT D PANNERPACKERCPAABV CFF | SECRETARY | 5 | — |
| MARYGRACE BILLEK MSSW | TRUSTEE | 1 | — |
| NICOLE BRONZAN | TRUSTEE | 1 | — |
| KA'NEDA N BULLOCK CFP MBA AIF | TRUSTEE | 1 | — |
| STEVE DOWNS | TRUSTEE | 1 | — |
| PEG FORRESTEL | TRUSTEE | 1 | — |
| ANDREW K GOLDEN CFA | TRUSTEE | 1 | — |
| DR SHANNON MASON | TRUSTEE | 1 | — |
| HEATHER ESHELMAN MCCUSKER | TRUSTEE | 1 | — |
| VICTORIA RIVERA-CRUZ | TRUSTEE | 1 | — |
| JOHN P THURBER | TRUSTEE | 1 | — |
| MICHAEL ULLMANN | TRUSTEE | 1 | — |
| MIKE VAN WAGNER | TRUSTEE | 1 | — |
| ATIYA WEISS | TRUSTEE | 1 | — |
| TONYA WOODLAND MHRM MS | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
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 GrantsAwarded $2.4 million in grants to more than 50 local nonprofits
Princeton Area Community Foundation Awards $155,000 Grants to Local NonprofitsAwarded $155,000 in critical needs grants to local nonprofits
Princeton Area Community Foundation Awards $155,000 in Critical Needs GrantsConcluded 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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