2020-10-16T08:53:37-05:00 2020-06-30 210650289 KLATZKIN & COMPANY LLP 1670 WHITEHORSE HAM SQ RD HAMILTON NJ 086903513 990 2019-07-01 226075964 PRINCETON PROSPECT FOUNDATION PRIN 6092581380 PO BOX 15 PRINCETON NJ 085420015 GRAHAM A HARRISON CHAIRMAN 6092581380 2020-10-16 1 THOMAS MARTIN P00123816 6098909189 75.99.151.218 2020-10-16 09:53:19 ED P 0F5779010D4F45E1F95C6375630171945797A726 DA768889F4A4713054B67456FFBD7521EC299111 2019 2021-01-29 14:40:06Z GRAHAM A HARRISON PO BOX 15 PRINCETON NJ 085420015 645844 0 X PRINCETONPROSPECTFOUNDATION.ORG X 1959 NJ TO FACILITATE THE HISTORIC PRESERVATION OF PRINCETON EATING CLUBS. 10 10 0 0 0 0 1230767 606881 0 0 30398 32867 9242 6096 1270407 645844 1657815 937503 0 0 0 0 0 0 0 42703 32067 1700518 969570 -430111 -323726 3025235 2678610 138 49 3025097 2678561 TO FACILITATE THE HISTORIC PRESERVATION OF PRINCETON EATING CLUBS AND TO FURTHER THE EDUCATION OF STUDENTS BELONGING TO THE CLUBS. 0 0 943459 937503 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. 943459 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 1 1 0 0 0 0 1 0 1 0 1 2 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 ROBERT HAINES TRUSTEE 1.00 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 8534 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 8534 0 0 0 0 0 0 0 17500 589381 21257 606881 32867 32867 EATING CLUBS BOOK 900099 5573 5573 MISCELLANEOUS 900099 523 523 6096 645844 6096 0 32867 937503 937503 15759 15759 400 400 8581 8581 1371 1371 TRUCKFEST EVENT 4000 4000 EATING CLUBS BOOK 1956 1956 969570 943459 26111 0 1909049 1525130 36179 21049 351983 220576 728024 911855 3025235 2678610 138 49 138 49 X 46485 42668 2978612 2635893 3025097 2678561 3025235 2678610 -323726 -22810 0 X X 0 1 X 1 0 X 763003 871135 1058392 1230767 606881 4530178 763003 871135 1058392 1230767 606881 4530178 0 0 0 4530178 25663 32158 26475 30398 32867 147561 25663 32158 26475 30398 32867 147561 788666 903293 1084867 1261165 639748 4677739 0.96850 0.97030 0.03150 0.02970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 VANGUARD TOTAL STOCK MARKET EFT 234169 F VANGUARD FTSE EMERGING MARKETS EFT 167630 F VANGUARD DIVIDEND APPRECIATION 164052 F VANGUARD FTSE DEVELOPED 198682 F VANGUARD REIT INDEX FUND 147322 F 911855 X 623034 -22810 -22810 645844 0 645844 969570 0 969570 0 969570 PART X, LINE 2: THE ORGANIZATION'S FEDERAL EXEMPT RETURNS FOR 2017-2019 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. IN THE EVENT IT WOULD BE REQUIRED, THE ORGANIZATION WOULD RECOGNIZE INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THE ORGANIZATION HAS NOT RECOGNIZED ANY AMOUNTS FOR INTEREST AND PENALTIES ACCRUED AT JUNE 30, 2020. 1 PRINCETON CHARTER CLUB 79 PROSPECT AVENUE PRINCETON NJ 08540 210540490 501(C)(7) 270556 EDUCATIONAL PURPOSES & HISTORIC PRESERVATION COLONIAL CLUB 40 PROSPECT AVENUE PRINCETON NJ 08540 210429130 501(C)(7) 19000 EDUCATIONAL PURPOSES & HISTORIC PRESERVATION THE TOWER CLUB OF PRINCETON UNIVERSITY 13 PROSPECT AVENUE PRINCETON NJ 08540 210730244 501(C)(7) 95000 EDUCATIONAL PURPOSES & HISTORIC PRESERVATION PRINCETON TERRACE CLUB 62 WASHINGTON ROAD PRINCETON NJ 08540 221944189 501(C)(7) 100000 EDUCATIONAL PURPOSES & HISTORIC PRESERVATION CAP AND GOWN CLUB OF PRINCETON UNIVERSITY INC 61 PROSPECT AVENUE PRINCETON NJ 08540 210420130 501(C)(7) 245947 EDUCATIONAL PURPOSES & HISTORIC PRESERVATION CLOISTER INN OF PRINCETON UNIVERSITY 65 PROSPECT AVENUE PRINCETON NJ 08540 210427400 501(C)(7) 207000 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. THE TOWER CLUB OF PRINCETON UNIVERSITY BD MEMBER IN COMMON 95000 HISTORIC PRESERVATION GRANTS 0 PRINCETON TERRACE CLUB BD MEMBER IN COMMON 100000 HISTORIC PRESERVATION GRANTS 0 COLONIAL CLUB BD MEMBER IN COMMON 19000 HISTORIC PRESERVATION GRANTS 0 PRINCETON CHARTER CLUB BD MEMBER IN COMMON 270556 HISTORIC PRESERVATION GRANTS 0 THE CAP AND GOWN CLUB OF PRINCETON UNIVERSITY BD MEMBER IN COMMON 245947 HISTORIC PRESERVATION GRANTS 0 CLOISTER INN OF PRINCETON UNIVERSITY BD MEMBER IN COMMON 207000 HISTORIC PRESERVATION GRANTS 0 X 12 21257 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 IN FEBRUARY 2020, THE ORGANIZATION'S BY-LAWS WERE AMENDED TO INCLUDE THE FOLLOWING: 1. THE CHAIRMAN MAY USE ELECTRONIC MAIL TO PROPOSE MOTIONS TO THE ENTIRE BOARD FOR CONSIDERATION AND APPROVAL. 2. THE BOARD OF TRUSTEES SHALL CONSIST OF A MINIMUM OF EIGHT AND A MAXIMUM OF FIFTEEN MEMBERS. 3. THE PRIMARY PURPOSES OF THE ORGANIZATION ARE TO FACILITATE THE PRESERVATION AND RESTORATION OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT BUILDINGS OWNED AND OPERATED BY PRINCETON UNIVERSITY EATING CLUBS, EDUCATE THE GENERAL PUBLIC ABOUT THE HISTORY AND ARCHITECTURE OF THE BUILDINGS AND FURTHER THE EDUCATIONAL AND CHARITABLE ACTIVITIES OF THE CLUBS. THE ORGANIZATION DISBURSES FUNDS TO CLUBS AS GRANTS TO PRESERVE, RESTORE AND ENHANCE THE CLUBHOUSE AND PROPERTY IN ORDER TO SUSTAIN THEIR HISTORIC AND ARCHITECTURAL SIGNIFICANCE OR TO SUPPORT AND PROMOTE EDUCATIONAL OR CHARITABLE ACTIVITIES AT THE CLUBS. 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 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 THE TOWER CLUB OF PRINCETON UNIVERSITY B 95000 CASH TRANSFER PRINCETON TERRACE CLUB B 100000 CASH TRANSFER COLONIAL CLUB B 19000 CASH TRANSFER PRINCETON CHARTER CLUB B 270556 CASH TRANSFER THE CAP AND GOWN CLUB OF PRINCETON UNIVERSITY B 245947 CASH TRANSFER CLOISTER INN OF PRINCETON UNIVERSITY B 207000 CASH TRANSFER