BETA

PRINCETON PROSPECT FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
PRINCETON PROSPECT FOUNDATION (EIN 22-6075964)
Tax period
2022-07-01 to 2023-06-30
Filed
2023-11-17
IRS object ID
202343219349300919
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-17T11:03:59-06:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN210650289PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KLATZKIN & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11670 WHITEHORSE HAM SQ RDAddressLine1Txt
CityHAMILTONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP086903513ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN226075964EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRINCETON PROSPECT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPRINBusinessNameControlTxt
Phone6092581380PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 15AddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP085420015ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGRAHAM A HARRISONPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone6092581380PhoneNum
Signature2023-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGRAHAMPersonFirstNm
Person LastHARRISONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTHOMAS MARTINPreparerPersonNm
PTINP00123816PTIN
Phone6098909189PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGRAHAM A HARRISONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 15AddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP085420015ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,482,323GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressPRINCETONPROSPECTFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1959FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionTO FACILITATE THE HISTORIC PRESERVATION OF PRINCETON EATING CLUBS.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$802,068PYContributionsGrantsAmt
CY Contributions Grants$2,421,320CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$55,419PYInvestmentIncomeAmt
CY Investment Income$56,056CYInvestmentIncomeAmt
PY Other Revenue$7,367PYOtherRevenueAmt
CY Other Revenue$4,947CYOtherRevenueAmt
PY Total Revenue$864,854PYTotalRevenueAmt
CY Total Revenue$2,482,323CYTotalRevenueAmt
PY Grants And Similar Paid$364,711PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$158,625CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$28,336PYOtherExpensesAmt
CY Other Expenses$36,012CYOtherExpensesAmt
PY Total Expenses$393,047PYTotalExpensesAmt
CY Total Expenses$194,637CYTotalExpensesAmt
PY Revenues Less Expenses$471,807PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,287,686CYRevenuesLessExpensesAmt
Total Assets BOY$3,019,390TotalAssetsBOYAmt
Total Assets EOY$5,407,576TotalAssetsEOYAmt
Total Liabilities BOY$172TotalLiabilitiesBOYAmt
Total Liabilities EOY$42TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,019,218NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,407,534NetAssetsOrFundBalancesEOYAmt
MissionTO FACILITATE THE HISTORIC PRESERVATION OF PRINCETON EATING CLUBS AND TO FURTHER THE EDUCATION OF STUDENTS BELONGING TO THE CLUBS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$159,537ExpenseAmt
Grant$158,625GrantAmt
DescTHE ORGANIZATION'S PURPOSES ARE (A) TO FACILITATE THE PRESERVATION AND RESTORATION OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT BUILDINGS OWNED AND OCCUPIED BY PRINCETON UNIVERSITY EATING CLUBS AND TO EDUCATE THE GENERAL PUBLIC ABOUT THE HISTORY AND ARCHITECTURE OF THE BUILDINGS AND (B) TO FURTHER THE EDUCATION OF STUDENTS BELONGING TO THE CLUBS.Desc
Total Program Service Expenses$159,537TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VALARIE BAYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9087978459PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 15AddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08542ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
TIMOTHY BURMAN
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
GRAHAM HARRISON
CHAIRMAN5.00Yes (X)Yes (X)$0$0$0
ANDREA RABITZ
TRUSTEE1.00Yes (X)$0$0$0
BRYAN BLOUNT
TRUSTEE1.00Yes (X)$0$0$0
BILL GOLDEN
TRUSTEE1.00Yes (X)$0$0$0
VALARIE BAY
TREASURER5.00Yes (X)Yes (X)$6,621$0$0
KARL PETTIT
TRUSTEE1.00Yes (X)$0$0$0
DOUG RUBIN
TRUSTEE1.00Yes (X)$0$0$0
CORBIN MILLER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
ADI RAJAGOPALAN
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$6,621TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$20,000MembershipDuesAmt
All Other Contributions$2,401,320AllOtherContributionsAmt
Noncash Contributions$56,473NoncashContributionsAmt
Total Contributions$2,421,320TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$56,056TotalRevenueColumnAmt
Exclusion$56,056ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EATING CLUBS BOOK900099$3,607$3,607
MISCELLANEOUS900099$1,340$1,340
FieldValueIRS element (for citing)
Other Revenue Total$4,947OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,482,323TotalRevenueColumnAmt
Related Or Exempt Func Income$4,947RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$56,056ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$158,625TotalAmt
Program Services$158,625ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,058TotalAmt
Management And General$9,058ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,120TotalAmt
Management And General$16,120ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,371TotalAmt
Management And General$8,371ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,551TotalAmt
Management And General$1,551ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescEATING CLUBS BOOKDesc
Total$912TotalAmt
Program Services$912ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$194,637TotalAmt
Program Services$159,537ProgramServicesAmt
Management And General$35,100ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,578,144BOYAmt
EOY$2,975,408EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$23,332BOYAmt
EOY$586,248EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$113,511BOYAmt
EOY$571,014EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,304,403BOYAmt
EOY$1,274,906EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,019,390BOYAmt
EOY$5,407,576EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$172BOYAmt
EOY$42EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$172BOYAmt
EOY$42EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$42,976BOYAmt
EOY$35,400EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,976,242BOYAmt
EOY$5,372,134EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,019,218BOYAmt
EOY$5,407,534EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,019,390BOYAmt
EOY$5,407,576EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,287,686ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$100,630NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,230,767CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$606,881CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$483,258CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$784,568CurrentTaxYearMinus1YearAmt
Current Tax Year$2,421,320CurrentTaxYearAmt
Total$5,526,794TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,230,767CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$606,881CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$483,258CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$784,568CurrentTaxYearMinus1YearAmt
Current Tax Year$2,421,320CurrentTaxYearAmt
Total$5,526,794TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year$1,050CurrentTaxYearAmt
Total$1,050TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year$1,050CurrentTaxYearAmt
Total$1,050TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$5,525,744PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$30,398CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$32,867CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$33,882CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,901CurrentTaxYearMinus1YearAmt
Current Tax Year$56,056CurrentTaxYearAmt
Total$193,104TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$30,398CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$32,867CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$33,882CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,901CurrentTaxYearMinus1YearAmt
Current Tax Year$56,056CurrentTaxYearAmt
Total$193,104TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year$4,947CurrentTaxYearAmt
Total$4,947TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,261,165CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$639,748CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$517,140CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$824,469CurrentTaxYearMinus1YearAmt
Current Tax Year$2,482,323CurrentTaxYearAmt
Total$5,724,845TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.96520PublicSupportCY509Pct
Public Support PY5090.96220PublicSupportPY509Pct
Investment Income CY0.03370InvestmentIncomeCYPct
Investment Income PY0.03780InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
VANGUARD TOTAL STOCK MARKET EFT$402,892F
VANGUARD FTSE EMERGING MARKETS EFT$270,441F
VANGUARD DIVIDEND APPRECIATION$278,405F
VANGUARD FTSE DEVELOPED$323,168F
FieldValueIRS element (for citing)
Total Book Value Securities$1,274,906TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,582,953TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$100,630NetUnrealizedGainsInvstAmt
Revenue Not Reported$100,630RevenueNotReportedAmt
Revenue Subtotal$2,482,323RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,482,323TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$194,637TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$194,637ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$194,637TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION'S FEDERAL EXEMPT RETURNS FOR 2020-2022 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE STATUTE OF LIMITATIONS DOES NOT APPLY TO UNFILED RETURNS. THE ORGANIZATION BELIEVES THAT ALL REQUIRED RETURNS HAVE BEEN FILED.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
COLONIAL CLUB
40 PROSPECT AVENUEPRINCETONNJ08540210429130501(C)(7)$24,066$0EDUCATIONAL PURPOSES & HISTORIC PRESERVATION
CLOISTER INN OF PRINCETON UNIVERSITY
65 PROSPECT AVENUEPRINCETONNJ08540210427400501(C)(7)$134,559$0EDUCATIONAL PURPOSES & HISTORIC PRESERVATION

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTO RECEIVE GRANT FUNDS, THE ORGANIZATIONS MUST SUBMIT PAPERWORK DETAILING THE USE OF THE FUNDS. THE FOUNDATION THEN DETERMINES HOW MUCH FUNDING WILL BE AWARDED.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Noncash Contributions Rpt F990$56,473NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4IN FEBRUARY 2023, THE ORGANIZATION'S BY-LAWS WERE AMENDED TO INCLUDE THE FOLLOWING: 1 - THE FIRST SENTENCE OF ARTICLE II SHALL BE RESTATED IN ITS ENTIRETY TO READ AS FOLLOWS: THE BOARD OF TRUSTEES ("BOARD") SHALL CONSIST OF A MINIMUM OF FIVE MEMBERS, ONE OF WHOM SHALL BE A MEMBER OF THE PRINCETON UNIVERSITY ADMINISTRATIVE STAFF. 2 - THE CURRENT ARTICLE V SHALL BE RELABELED ARTICLE VI. 3 - A NEW ARTICLE V SHALL BE ADDED TO READ AS FOLLOWS: ARTICLE V - DISSOLUTION UPON LIQUIDATION, DISSOLUTION, TERMINATION, OR WINDING UP OF THE AFFAIRS OF PPF, WHETHER VOLUNTARY, INVOLUNTARY, OR BY OPERATION OF LAW, AND AFTER ALL DEBTS AND EXPENSES HAVE BEEN SATISFIED, THE PROPERTY AND ASSETS OF PPF SHALL BE DISTRIBUTED (1) TO SUCH ORGANIZATION OR ORGANIZATIONS AS THE BOARD OF TRUSTEES SHALL SELECT, PROVIDED THAT NONE OF THE PROPERTY OR ASSETS OF PPF SHALL BE MADE AVAILABLE IN ANY WAY TO ANY INDIVIDUAL, CORPORATION, OR OTHER ORGANIZATION UNLESS SUCH ORGANIZATION THEN QUALIFIES AS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR (2) TO THE FEDERAL GOVERNMENT OR TO A STATE OR LOCAL GOVERNMENT FOR PUBLIC PURPOSES. ANY OF SUCH PROPERTY OR ASSETS NOT SO DISTRIBUTED SHALL BE DISTRIBUTED PURSUANT TO THE ORDER OF THE COURT HAVING JURISDICTION OVER PPF,EXCLUSIVELY FOR SUCH PURPOSES, INCLUDING TO ONE OR MORE ORGANIZATIONS THAT ARE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
FORM 990, PART VI, SECTION B, LINE 11BTHE TREASURER REVIEWS THE 990 WITH THE BOARD BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD REQUIRES A DISCLOSURE FORM FROM MEMBERS ANNUALLY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 1THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING.
FORM 990, PART XII, LINE 2CTHE ORGANIZATION'S TREASURER OVERSEES THE AUDIT.
FORM 990, PART VI, LINE 15A AND 15BTHE ORGANIZATION HAS NO KEY EMPLOYEES.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtControlled OrganizationControlledOrganizationInd
CLOISTER INN OF PRINCETON UNIVERSITY
65 PROSPECT AVENUEPRINCETONNJ08540210427400OPERATION OF AN UNDERGRADUATE EATING CLUBNJ501(C)(7)0
COLONIAL CLUB
40 PROSPECT AVENUEPRINCETONNJ08540210429130OPERATION OF AN UNDERGRADUATE EATING CLUBNJ501(C)(7)0
CANNON DIAL ELM CLUB
21 PROSPECT AVENUEPRINCETONNJ08540210439210OPERATION OF AN UNDERGRADUATE EATING CLUBNJ501(C)(7)0
CAP AND GOWN CLUB OF PRINCETON UNIVERSITY INC
61 PROSPECT AVENUEPRINCETONNJ08540210420130OPERATION OF AN UNDERGRADUATE EATING CLUBNJ501(C)(7)0
PRINCETON QUADRANGLE CLUB
33 PROSPECT AVENUEPRINCETONNJ08540210540730OPERATION OF AN UNDERGRADUATE EATING CLUBNJ501(C)(7)0
PRINCETON TERRACE CLUB
62 WASHINGTON ROADPRINCETONNJ08540221944189OPERATION OF AN UNDERGRADUATE EATING CLUBNJ501(C)(7)0
THE TOWER CLUB OF PRINCETON UNIVERSITY
13 PROSPECT AVENUEPRINCETONNJ08540210730244OPERATION OF AN UNDERGRADUATE EATING CLUBNJ501(C)(7)0
PRINCETON CHARTER CLUB
79 PROSPECT AVENUEPRINCETONNJ08540210540490OPERATION OF AN UNDERGRADUATE EATING CLUBNJ501(C)(7)0
TIGER INN
48 PROSPECT AVENUEPRINCETONNJ08540210579250OPERATION OF AN UNDERGRADUATE EATING CLUBNJ501(C)(7)0
THE IVY CLUB
43 PROSPECT AVENUEPRINCETONNJ08540210483630OPERATION OF AN UNDERGRADUATE EATING CLUBNJ501(C)(7)0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
COLONIAL CLUB
B$24,066CASH TRANSFER
CLOISTER INN OF PRINCETON UNIVERSITY
B$134,559CASH TRANSFER

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