2023-11-17T11:03:59-06:00 2023-06-30 210650289 KLATZKIN & COMPANY LLP 1670 WHITEHORSE HAM SQ RD HAMILTON NJ 086903513 990 2022-07-01 226075964 PRINCETON PROSPECT FOUNDATION PRIN 6092581380 PO BOX 15 PRINCETON NJ 085420015 GRAHAM A HARRISON CHAIRMAN 6092581380 2023-11-17 1 GRAHAM HARRISON 999009999 0 THOMAS MARTIN P00123816 6098909189 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z GRAHAM A HARRISON PO BOX 15 PRINCETON NJ 085420015 2482323 0 X PRINCETONPROSPECTFOUNDATION.ORG X 1959 NJ TO FACILITATE THE HISTORIC PRESERVATION OF PRINCETON EATING CLUBS. 10 10 0 0 0 0 802068 2421320 0 0 55419 56056 7367 4947 864854 2482323 364711 158625 0 0 0 0 0 0 0 28336 36012 393047 194637 471807 2287686 3019390 5407576 172 42 3019218 5407534 TO FACILITATE THE HISTORIC PRESERVATION OF PRINCETON EATING CLUBS AND TO FURTHER THE EDUCATION OF STUDENTS BELONGING TO THE CLUBS. 0 0 159537 158625 THE 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. 159537 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 NJ X VALARIE BAY 9087978459 PO BOX 15 PRINCETON NJ 08542 TIMOTHY BURMAN VICE CHAIR 1.00 X X 0 0 0 GRAHAM HARRISON CHAIRMAN 5.00 X X 0 0 0 ANDREA RABITZ TRUSTEE 1.00 X 0 0 0 BRYAN BLOUNT TRUSTEE 1.00 X 0 0 0 BILL GOLDEN TRUSTEE 1.00 X 0 0 0 VALARIE BAY TREASURER 5.00 X X 6621 0 0 KARL PETTIT TRUSTEE 1.00 X 0 0 0 DOUG RUBIN TRUSTEE 1.00 X 0 0 0 CORBIN MILLER SECRETARY 1.00 X X 0 0 0 ADI RAJAGOPALAN TRUSTEE 1.00 X 0 0 0 6621 0 0 0 0 0 0 0 20000 2401320 56473 2421320 56056 56056 EATING CLUBS BOOK 900099 3607 3607 MISCELLANEOUS 900099 1340 1340 4947 2482323 4947 0 56056 158625 158625 9058 9058 16120 16120 8371 8371 1551 1551 EATING CLUBS BOOK 912 912 194637 159537 35100 0 1578144 2975408 23332 586248 113511 571014 1304403 1274906 3019390 5407576 172 42 172 42 X 42976 35400 2976242 5372134 3019218 5407534 3019390 5407576 2287686 100630 0 X X 0 1 X 1 0 X 1230767 606881 483258 784568 2421320 5526794 1230767 606881 483258 784568 2421320 5526794 1050 1050 0 1050 1050 5525744 30398 32867 33882 39901 56056 193104 30398 32867 33882 39901 56056 193104 4947 4947 1261165 639748 517140 824469 2482323 5724845 0.96520 0.96220 0.03370 0.03780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 VANGUARD TOTAL STOCK MARKET EFT 402892 F VANGUARD FTSE EMERGING MARKETS EFT 270441 F VANGUARD DIVIDEND APPRECIATION 278405 F VANGUARD FTSE DEVELOPED 323168 F 1274906 X 2582953 100630 100630 2482323 0 2482323 194637 0 194637 0 194637 PART X, LINE 2: THE 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. 1 COLONIAL CLUB 40 PROSPECT AVENUE PRINCETON NJ 08540 210429130 501(C)(7) 24066 0 EDUCATIONAL PURPOSES & HISTORIC PRESERVATION CLOISTER INN OF PRINCETON UNIVERSITY 65 PROSPECT AVENUE PRINCETON NJ 08540 210427400 501(C)(7) 134559 0 EDUCATIONAL PURPOSES & HISTORIC PRESERVATION PART I, LINE 2: TO RECEIVE GRANT FUNDS, THE ORGANIZATIONS MUST SUBMIT PAPERWORK DETAILING THE USE OF THE FUNDS. THE FOUNDATION THEN DETERMINES HOW MUCH FUNDING WILL BE AWARDED. X 3 56473 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 IN 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 11B THE TREASURER REVIEWS THE 990 WITH THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REQUIRES A DISCLOSURE FORM FROM MEMBERS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 1 THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S TREASURER OVERSEES THE AUDIT. FORM 990, PART VI, LINE 15A AND 15B THE ORGANIZATION HAS NO KEY EMPLOYEES. CLOISTER INN OF PRINCETON UNIVERSITY 65 PROSPECT AVENUE PRINCETON NJ 08540 210427400 OPERATION OF AN UNDERGRADUATE EATING CLUB NJ 501(C)(7) 0 COLONIAL CLUB 40 PROSPECT AVENUE PRINCETON NJ 08540 210429130 OPERATION OF AN UNDERGRADUATE EATING CLUB NJ 501(C)(7) 0 CANNON DIAL ELM CLUB 21 PROSPECT AVENUE PRINCETON NJ 08540 210439210 OPERATION OF AN UNDERGRADUATE EATING CLUB NJ 501(C)(7) 0 CAP AND GOWN CLUB OF PRINCETON UNIVERSITY INC 61 PROSPECT AVENUE PRINCETON NJ 08540 210420130 OPERATION OF AN UNDERGRADUATE EATING CLUB NJ 501(C)(7) 0 PRINCETON QUADRANGLE CLUB 33 PROSPECT AVENUE PRINCETON NJ 08540 210540730 OPERATION OF AN UNDERGRADUATE EATING CLUB NJ 501(C)(7) 0 PRINCETON TERRACE CLUB 62 WASHINGTON ROAD PRINCETON NJ 08540 221944189 OPERATION OF AN UNDERGRADUATE EATING CLUB NJ 501(C)(7) 0 THE TOWER CLUB OF PRINCETON UNIVERSITY 13 PROSPECT AVENUE PRINCETON NJ 08540 210730244 OPERATION OF AN UNDERGRADUATE EATING CLUB NJ 501(C)(7) 0 PRINCETON CHARTER CLUB 79 PROSPECT AVENUE PRINCETON NJ 08540 210540490 OPERATION OF AN UNDERGRADUATE EATING CLUB NJ 501(C)(7) 0 TIGER INN 48 PROSPECT AVENUE PRINCETON NJ 08540 210579250 OPERATION OF AN UNDERGRADUATE EATING CLUB NJ 501(C)(7) 0 THE IVY CLUB 43 PROSPECT AVENUE PRINCETON NJ 08540 210483630 OPERATION OF AN UNDERGRADUATE EATING CLUB NJ 501(C)(7) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 COLONIAL CLUB B 24066 CASH TRANSFER CLOISTER INN OF PRINCETON UNIVERSITY B 134559 CASH TRANSFER