2015-05-12T14:16:08-05:00 2014-12-31 WithumSmithBrown PC 1 SPRING STREET NEW BRUNSWICK NJ 08901 990 2014-01-01 223494366 PRINCETON PUBLIC LIBRARY FOUNDATION INC % JANET SIMON PRIN 6099245929 65 WITHERSPOON STREET Suite PRINCETON NJ 08542 LESLIE BURGER LIBRARY DIRECTOR 6099245929 2015-03-15 true Joyce Mayeresky P00024518 6099245929 2014 2016-04-25 22:37:26Z LESLIE BURGER 65 WITHERSPOON STREET PRINCETON NJ 08542 2465089 false X PRINCETONLIBRARY.ORG X 1995 NJ PRIMARY PURPOSE IS TO PROVIDE SUPPLEMENTARY SUPPORT AND CONDUCT ACTIVITIES FOR THE BENEFIT OF THE FREE PUBLIC LIBRARY OF PRINCETON. 21 20 0 23 0 949960 465735 0 0 1431694 644876 0 0 2381654 1110611 486667 517476 0 0 0 0 0 0 22796 80663 75436 567330 592912 1814324 517699 13099603 13644936 21497 54073 13078106 13590863 PRIMARY PURPOSE IS TO PROVIDE SUPPLEMENTARY SUPPORT AND CONDUCT ACTIVITIES FOR THE BENEFIT OF THE FREE PUBLIC LIBRARY OF PRINCETON. false false 517476 517476 PROVIDING SUPPLEMENTARY SUPPORT AND CONDUCTING ACTIVITES FOR THE BENEFIT OF THE FREE PUBLIC LIBRARY OF PRINCETON. 517476 true true false false false false false false false true false false false false false true true false false false false false false false false false false true false true false false false false false false false false true false false false false true true true true false true 0 0 true 0 false false false false false false false false false false false X 21 20 true false false false false false false true true false false true true true true true true false false false NJ X JANET SIMON 6099248822 65 WITHERSPOON STREET PRINCETON NJ 08542 X JANE SILVERMAN DIRECTOR 5.0 0.0 X 0 0 0 TOBIN V LEVY TREASURER 5.0 0.0 X X 0 0 0 LESLIE BURGER LIBRARY DIRECTOR/SECRETARY 8.0 32.0 X X 0 160610 33928 MATTHEW WASSERMAN DIRECTOR 5.0 0.0 X 0 0 0 SUSAN M LEVY DIRECTOR 5.0 0.0 X 0 0 0 SHERRI GARBER FRIENDS REP 5.0 0.0 X 0 0 0 ALLEN PORTER DIRECTOR 5.0 0.0 X 0 0 0 COLLEEN GOGGINS DIRECTOR 5.0 0.0 X 0 0 0 CAROLYN HEALEY DIRECTOR 5.0 0.0 X 0 0 0 PETER DOUGHERTY DIRECTOR 5.0 0.0 X 0 0 0 ELS PAINE PRESIDENT 5.0 0.0 X X 0 0 0 MICHELE MINTER DIRECTOR 5.0 0.0 X 0 0 0 STANLEY KATZ DIRECTOR 5.0 0.0 X 0 0 0 ROBERT KISILYWICZ VICE PRESIDENT 5.0 0.0 X X 0 0 0 KIKI JAMIESON TRUSTEE REP 5.0 0.0 X 0 0 0 CATHERINE SIDAMON-ERISTOFF DIRECTOR 5.0 0.0 X 0 0 0 ELIZABETH PROTAGE WALSH DIRECTOR 5.0 0.0 X 0 0 0 MARA FRANCESCHI FRIENDS REPRESENTATIVE 5.0 0.0 X 0 0 0 MEGHAN DONALDSON DIRECTOR 5.0 0.0 X 0 0 0 FLORENCE KAHN DIRECTOR 5.0 0.0 X 0 0 0 BETSY SANDS DIRECTOR 5.0 0.0 X 0 0 0 0 160610 33928 0 false true false 0 X 465735 107402 465735 0 165349 165349 0 0 0 0 0 1834005 1354478 479527 479527 479527 0 0 0 0 1110611 644876 517476 517476 0 0 0 0 0 0 0 0 0 0 0 19034 19034 0 0 23656 23656 0 0 8714 8714 15000 15000 0 0 0 0 0 0 0 0 1236 1236 DONOR CULTIVATION 6796 6796 OTHER EXPENSES 1000 1000 592912 517476 52640 22796 X 0 0 458542 412663 907431 504991 0 0 0 0 0 0 0 0 0 0 0 0 0 11641406 12641497 0 0 0 0 0 0 92224 85785 13099603 13644936 21497 54073 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21497 54073 X 8814760 8876597 1678425 2129691 2584921 2584575 13078106 13590863 13099603 13644936 X 517699 -41189 36247 X false true X true false X X X 1 THE FREE PUBLIC LIBRARY OF PRINCETON 216008497 03 true 517476 0 1 517476 true false false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11928907 12661 524901 480428 11986041 10835505 106038 1435930 395328 53238 11928907 9921629 52071 1041098 179293 10835505 10404374 49417 -240989 182591 56076 52506 9921629 7595933 2396387 774600 134016 218297 10233 10404374 0.74000 0.22000 0.04000 false false 0 0 X 1144264 -41189 62251 36247 57309 1086955 23656 23656 1110611 631507 62251 62251 569256 23656 23656 592912 RECONCILIATION OF CHANGE IN NET ASSETS NET PRESENT VALUE ADJUSTMENT ON MULTI-YEAR PLEDGES RECEIVABLE OF 37,498 AND CHANGE IN VALUE OF BENEFICIAL INTEREST OF (1,251). FIN 48 FOOTNOTE The Foundation is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, the financial statements do not reflect a provision for Federal income taxes. There were no uncertain tax positions at December 31, 2014 and 2013. There are no open tax years prior to 2011 and no related penalties and interest have been recorded for the years ended December 31, 2014 and 2013. USES OF ORGANIZATIONS ENDOWMENT FUNDS ALL AMOUNTS MAINTAINED IN THE ENDOWMENT, EXCEPT FOR THOSE AMOUNTS THAT ARE TO BE MAINTAINED IN PERPETUITY, ARE FOR THE BENEFIT OF THE FREE PUBLIC LIBRARY OF PRINCETON. true THE FREE PUBLIC LIBRARY OF PRINCETON 65 WITHERSPOON STREET PRINCETON NJ 08542 216008497 03 517476 FMV LIBRARY SUPPORT 1 GRANTS AND ASSISTANCE THE FOUNDATION PROVIDES AN ALLOCATION TO THE FREE PUBLIC LIBRARY OF PRINCETON EACH YEAR FOR THE ENHANCEMENT OF LIBRARY SERVICES. THE FUNDS ARE PROVIDED AS SUPPLEMENTAL SUPPORT FOR THE LIBRARY AND DO NOT REPLACE MUNICIPAL SUPPORT. ADDITIONAL FUNDS RECEIVED BY THE FOUNDATION FOR A RESTRICTED PURPOSE RELATING TO THE LIBRARY ARE TRANSFERRED TO THE LIBRARY TO BE USED FOR THE PURPOSES INTENDED. false false false false false false false false false LESLIE BURGER LIBRARY DIRECTOR/SECRETARY 0 160610 0 0 0 0 0 18704 0 15224 0 194538 0 0 X 5 84914 FMV false false false ORGANIZATIONS PROCESS TO REVIEW FORM 990 THE FORM 990 IS CIRCULATED TO ALL MEMBERS OF THE BOARD PRIOR TO ITS SUBMISSION. THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD VIA E-MAIL. GOVERNING DOCUMENTS DISCLOSURE GOVERNING DOCUMENTS ARE MAINTAINED AT THE FREE PUBLIC LIBRARY OF PRINCETON AND ARE AVAILABLE UPON REQUEST. CONFLICT OF INTEREST POLICY ALL OFFICERS AND DIRECTORS ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THE OFFICER OR DIRECTOR IS INVOLVED THAT THEY BELIEVE COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. ANY CONFLICT DISCLOSED IS REVIEWED BY THE BOARD TO DETERMINE WHETHER THERE EXISTS A CONFLICT OF INTEREST. COMPENSATION THERE ARE CURRENTLY NO PAID EMPLOYEES AT THE FOUNDATION. THEREFORE, THERE IS NO PROCESS FOR DETERMINING COMPENSATION FOR THE CEO, EXECUTIVE DIRECTOR, OTHER TOP MANAGEMENT OFFICIALS, OR OTHER KEY EMPLOYEES. SALARIES AND RELATED BENEFITS REPORTED ON THE FINANCIAL STATEMENT ARE DONATED SERVICES WHICH ARE NOT INCLUDED IN THE 990 AND ADJUSTED ON SCHEDULE D PART XI LINE 2B AND PART XII LINE 2A. NUMBER OF EMPLOYEES THE FREE PUBLIC LIBRARY OF PRINCETON, NEW JERSEY PROVIDES THE FOUNDATION WITH MANAGEMENT AND FUNDRAISING SERVICES INCLUDING ACCOUNTING, SUPERVISORY AND SECRETARIAL SERVICES. AN IN-KIND CONTRIBUTION FOR THE DONATED SERVICES IS RECORDED. RECONCILIATION OF NET ASSETS OTHER CHANGES IN NET ASSETS IS COMPRISED OF CHANGE IN VALUE OF BENEFICIAL INTEREST IN FUNDS HELD BY OTHERS OF ($1,251) AND NET PRESENT VALUE ADJUSTMENT ON PLEDGES RECEIVABLE OF $37,498. FAMILY RELATIONSHIP TOBIN LEVY, TREASURER, HAS A FAMILIAL RELATIONSHIP WITH SUSAN LEVY, BOARD MEMBER. THE FREE PUBLIC LIBRARY OF PRINCETON 65 WITHERSPOON STREET PRINCETON NJ 08542 216008497 LIBRARY NJ 03 N/A NA false false true false false false false false false false false false false true true false false false false THE FREE PUBLIC LIBRARY OF PRINCETON B 517476 FMV THE FREE PUBLIC LIBRARY OF PRINCETON M THE FREE PUBLIC LIBRARY OF PRINCETON N