THE MISSION OF THE FRIENDS AND FOUNDATION IS TO PROVIDE FINANCIAL AND OTHER SUPPORT TO THE FREE PUBLIC LIBRARY OF PRINCETON, NEW JERSEY. FINANCIAL SUPPORT FROM THE FRIENDS AND FOUNDATION IS USED TO ENHANCE THE SERVICES THE LIBRARY PROVIDES TO THE PRINCETON COMMUNITY.THE ORGANIZATION ASSISTS WITH LIBRARY DEVELOPMENT ACCTIVITIES AND FUNDRAISING EFFORTS, WORKS TO HELP BUILD A COMMUNITY OF LIBRARY SUPPORTERS, ENHANCES THE LIBRARYS VISIBILITY, AND ADVOCATES FOR THE LIBRARY WITH ALL COMMUNITY STAKEHOLDERS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.2M
+9.5% YoY
Annual Giving
$1.2M
-1.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.2M
-1.8% YoY
About The Friends and Foundation
Based on IRS filings
The Friends and Foundation is a nonprofit organization focused on Education, based in PRINCETON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.2M in total assets. In 2024, it awarded 1 grants totaling $1.2M. Net investment income was $847K.
Focus Areas
Ready to take the next step with The Friends and Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,223,958 | $17,559,698 | $15,474,401 |
| Revenue | $1,818,868 | $1,345,025 | $720,388 |
| Expenses | $1,488,462 | $1,392,230 | $747,338 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $847,243 | $471,189 | $306,580 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JENNIFER PODOLSKY | Secretary | 5 | — |
| COURTNEY LEDERER | President | 5 | — |
| SHALU NASO | Vice President | 5 | — |
| BRETT SHAVER | Treasurer | 5 | — |
| NICOLE KATZ | Treasurer | 5 | — |
| ANDREW T SUTPHIN | Director | 5 | — |
| JANE FRANSSON | Director | 5 | — |
| CHRISTIE HENRY | Director | 5 | — |
| STEHANIE SCHLOSSER | Director | 5 | — |
| SWATI BHATT | Director | 5 | — |
| SOHINI RATH | Director | 5 | — |
| FLORANCE KAHN | Director | 5 | — |
| SEVA KRAMER | Director | 5 | — |
| BETH LEMAN | Director | 5 | — |
| ANN PARKER MCKEEHAN | Director | 5 | — |
| JANE SILVERMAN | Director | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Stephen J Machuta Scholarship Trust
PENNINGTON, NJ
Assets
$1.9M
Grants
1
Total Given
$70K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Friends and Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities