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Ready? Are You Are ready? are you are 2009 Annual Report your community foundation The Princeton Area Community Foundation promotes giving as a shared community value, something we simply expect of ourselves and of others promoting — a common activity in which we all engage. We believe in sharing resources — financial, philanthropy informational, social, intellectual — and encourage an altruistic spirit in ourselves and others. to advance We help people direct their money to the best- run local organizations — outstanding, successful nonprofits that are making lives better across the well-being central New Jersey and beyond. So far, residents, friends and neighbors have put of our more than $27 million to work improving our region. Beyond that, they have built up permanent reserves of more than $60 million communities to sustain us all in the future. All Community Foundation funds are doing good forever things now. Endowed funds will also take care of generations to come. We can’t know what challenges our region will face tomorrow, but we can help it be ready. Giving through YOUR Community Foundation is powerful and enduring. Providing for needs that will surely arise in the future, even though they can’t yet be clearly discerned, is a truly far-seeing philanthropic ambition. are you ready? www.pacf.org 1 staff These people are here to help you. President board of trustees Nancy W. Kieling These people are guiding and building your Community Vice President, Development Foundation, making sure it is strong, useful, and permanent. Elizabeth B. Wagner Vice President, Grants & Programs Ann Reichelderfer, Esq. Chair Michelle P. Cash Shareholder – Stevens & Lee Chief Financial Officer Eleanor Horne Vice Chair Maria C. Santisi, CPA Vice President – Educational Testing Service Social Investment Fund (retired) Donors Services Associate David R. Scott, Esq. Vice Chair Trisha D. Volk General Counsel – Rutgers University (retired) Administrator Kenneth Field, CPA Treasurer l Audit Committee, Chair Myriam Padro Partner – Field & Higgins Susan N. Wilson Secretary Senior Advisor – ANSWER (formerly the Network for Family Life Education) Richard Bilotti President & Publisher – The Times, Trenton (retired) William P. Burks, MD Past Chair of the Board counsel Surgeon (retired) Allen D. Porter, Esq. Barbara W. Coe Communications Committee, Chair Senior Vice President – Young & Rubicam, NY (retired) Andrew K. Golden, CFA Investment Committee, Chair associates President – Princeton University Investment Company Sara & Alexander Buck Vernon Hammond Chartered Life Underwriter – Guardian Life Insurance Co. James E. Burke Gordon & Llura Gund Thomas B. Harvey, Esq. Immediate Past Chair of the Board Betty Wold Johnson Mary Sue Henifin, Esq. Committee on Trustees, Chair Rev. David H. McAlpin Shareholder – Buchanan Ingersoll, P.C. Jay & Amy Regan William H. Scheide Maria Juega President – Capital Financial & Tax Services William A. Schreyer Raman Kapur Chairman – Midland Pharmaceuticals Jack & Happy Wallace F. Helmut & Caroline Weymar Anne LaBate Vice President & Sales Associate – Segal Commercial Real Estate Samuel W. Lambert III Partner – Drinker Biddle & Reath LLP (retired) former trustees Tobin V. Levy Teacher George Adriance* Yuki Moore Laurenti Nancy S. MacMillan Publisher – Princeton Alumni Weekly Barbara A. Bombieri Cathleen Litvack Marguerite L. Mount, CPA Asset Building Committee, Chair Ted Boyer Christine Lokhammer Managing Director & Principal – The Mercadien Group Glenn A. Brewer Jr. William M. Mayhall Stuart Carothers Michele Minter Jeffrey F. Perlman, CPCU Partner – Borden Perlman Dean W. Chace Mark M. Murphy Barbara A. Rambo Grants Committee, Chair Debby D’Arcangelo Sandra Persichetti Consultant Pamela J. Dempsey Kimberlee S. Phelan, CPA William C. Egan Allen D. Porter, Esq. Christine G. Ritter Program Administrator, Science Education Program – Sandra L. Ewell Peter R. Rossmassler Princeton Plasma Physics Laboratory (retired) James A. Floyd Jamie Kyte Sapoch Patrick L. Ryan Chairman & Founder – Hopewell Valley Community Bank George Gallup Jane A. Silverman Robert Y. Garrett III Austin C. Starkey Jr. John S. Watson Jr. Vice President – D & R Greenway Land Trust Walter F. Gips* The Honorable Thomas W. Denise M. Wilson Executive Vice President, Chief Administrative Officer– Richard Grigos Sumners Jr. NRG Energy, Inc. Marilyn W. Grounds Janet M. Swinton Randall A. Hack William H. Sword* John P. Hall Frank E. Taplin Jr.* trustee emeritus John F. Harper Ann B. Vehslage Herbert W. Hobler Leslie “Bud” Vivian* Stanley C. Smoyer Pamela S. Kelsey John D. Wallace your community foundation Christopher B. Kuenne Van Zandt Williams Jr. Karen C. Lambert Richard C. Woodbridge, Esq. Arthur S. Lane* founder *we remember Stuart Carothers 2 are you ready? www.pacf.org How could we help you? Whenever you’re ready, we’ll Have you been wondering how to accomplish help you design a fund that’s something philanthropic? Do you wonder what’s right for you. possible, what has worked well for other people, It’s Simple: Creating a fund is easy. what’s the best way for you to make something It typically takes minutes, not hours or better? Do you want to honor a loved one or a friend, days. You can donate a variety of assets or provide for causes you care about? (cash, stock, real estate, to name a few). And your fund will help you keep track of Could you use some help getting started? your giving. Your Community Foundation is here to serve you as It’s Flexible: There’s a fund for every an advisor, advocate, and go-between. It’s a nonprofit donor, no matter who you are or what public charity, and it belongs to you. you want to accomplish. Yours can be designed to meet urgent needs right now, You can come see us to: or to help you build a legacy — or both. n have an informal conversation n think out loud It Expresses Your Values: You can designate organizations or issues n tap our knowledge about what’s to support. You can be involved as going on in your area of interest an advisor. You can suggest grants n organize your giving in one place whenever you choose. n move from checkbook charity to a more intentional approach It’s Efficient: We take care of all n see more happen with what you the administrative work. We manage have available to give away investments carefully and well. We have expertise to help guide your grantmaking as you need it. We’ll work with your You’ll find us well qualified. professional advisors to make sure your financial and philanthropic goals get met. You can be proud that yours is New Jersey’s first It’s Brilliant: Building charitable Nationally Certified Community Foundation, an funds at the Community Foundation indication of operational excellence assured through has unique advantages. For example, a rigorous peer review by the Council on Foundations dollar in becomes more than a dollar out, in Washington, DC. over time. When conditions change at nonprofits, we tell you about it and can help guide your future decisions. When you’re ready, you’ll find us here: 15 Princess Road l Lawrenceville, NJ 08648 telephone 609-219-1800 l fax 609-219-1850 l email [email protected] www.pacf.org Then watch your generosity go to work in the world. are you ready? www.pacf.org 3 A grant to New Jersey After 3 helps this afterschool partnership reach 2,300 Trenton public school children. (the one we’re asked most often) “ Why would I give through the Community Foundation, Q: when I can write checks directly to my favorite charities?” (the one we find most helpful) “ It’s a great day anytime someone gives. Philanthropy is what we promote, so we’re happy A: no matter how a person prefers to do it. But our mission is truly fulfilled when we get to help generous people become better informed, more effective, and maybe even more thoughtful and organized your community foundation than they might be on their own.” 4 are you ready? www.pacf.org The charitable funds that make up the Community Foundation The Community Foundation is itself a community of generous people. All the funds listed here are meeting charitable needs right now. We’ve highlighted a few to show you what donors are doing, and what they say about it. Funds shown in bold are endowed, set up to finance grants in the here-and-now, and to never run dry. Funds denoted with + are newly added, established between January 1, 2009 and June 30, 2010. community grantmaking funds are created by donors to meet current needs through competitive grants. Esther Y. Eure Fund: Esther, who attended Trenton public schools, died in 2008. She is still supporting her neighbors through her Fund, and will do so forever. Tristan Beplat Fund Leroy E. “Brick” Purvis Charitable Fund Charles L. & Ann Lee Brown Fund LVC Fund Frank E. Taplin Jr. Fund: Frank James E. & Diane W. Burke Fund Barbara B. Smoyer Memorial Fund established his fund with these words: “I Judith & William Burks Community Marjorie R. Smoyer Fund think the most valuable funds are those Grantmaking Fund Stanley C. Smoyer Fund which are unrestricted. I have asked that the Jane M. Campbell Fund Speir Fund proceeds of my gift be used in the discretion Esther Y. Eure Fund Frank E. Taplin Jr. Fund of the Community Foundation in any way Founders’ Fund for Greater Mercer County Trenton Community Fund they wish.” The Fund for Mercer County Weymar Fund The Whitehead Fund: At 85, after fifty Archer & Thomas Harvey Fund+ Whitehead Fund years in her home, Jane Whitehead moved Robert Wood Johnson Jr. Fund Willy N. Fund away to be with family. Knowing that the Community Foundation would always have its fingers on the pulse of the region, she asked that her gift be used broadly. designated funds support specific organizations or projects. Thomas George Fund: “I wanted to help young artists concentrate on their craft, to experience it as a full-time occupation.” – Tom George, internationally recognized artist whose fund has so far let four Judith & William Burks Fund III William F.
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