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
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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
Among its reported 2024 grants, the largest include The Free Public Library of Pr ($1,229,747).
| Recipient | Purpose | Amount |
|---|---|---|
| THE FREE PUBLIC LIBRARY OF PR PRINCETON, NJ | LIBRARY ASSISTANCE | $1,229,747 |
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
Frequently Asked Questions
What is The Friends and Foundation?
The Friends and Foundation is a nonprofit organization focused on Education, based in PRINCETON, NJ. It holds $19.2M in total assets as of 2024.
How large is The Friends and Foundation?
As of 2024, The Friends and Foundation holds $19.2M in total assets with $1.8M in annual revenue. It awarded 1 grants totaling $1.2M in 2024.
Where does The Friends and Foundation operate?
The Friends and Foundation has awarded grants in New Jersey.
What size grants does The Friends and Foundation award?
In 2024, The Friends and Foundation awarded 1 grants totaling $1.2M — an average of about $1.2M per grant, based on its IRS Form 990 filings.
What is The Friends and Foundation's EIN?
The Friends and Foundation's EIN (Employer Identification Number) is 22-3494366. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Friends and Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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