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ANNUAL REPORT 2007 Board of Trustees Chair THOMAS B

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ANNUAL REPORT 2007 Board of Trustees Chair THOMAS B ANNUAL REPORT 2007 Board of Trustees Chair THOMAS B. HARVEY, ESQ. Staff f Vice Chair Vice Chair President and Executive Director ELEANOR HORNE ANN REICHELDERFER, ESQ. NANCY W. KIELING Vice President – Educational Testing Service Asset Building Committee, Chair Social Investment Fund Shareholder – Stevens & Lee Executive Vice President RALPH M. SERPE, CFRE Treasurer Secretary Chief Financial Offi cer KENNETH FIELD, CPA TOBIN V. LEVY MARIA SANTISI, CPA Partner – Field & Higgins Managing Director & Chief Financial Offi cer – Goldman Sachs & Co. Hedge Fund Strategies Director of Grants & Programs DEBORAH AUBERT THOMAS WILLIAM P. BURKS, MD CHRISTINE LOKHAMMER Donor Services Associate Surgeon (retired) Senior Vice President/Regional Director – TRISHA D. VOLK PNC Wealth Management BARBARA W. COE Administrator MYRIAM PADRO Senior Vice President – NANCY S. MACMILLAN Young & Rubicam, NY (retired) Publisher – Princeton Alumni Weekly ANDREW K. GOLDEN, CFA MARGUERITE L. MOUNT, CPA Associates f Investment Committee, Chair Managing Director & Principal – Alexander & Sara Buck Jay & Amy Regan President – Princeton University The Mercadien Group James E. Burke William H. Scheide Investment Company Gordon & Llura Gund William A. Schreyer BARBARA A. RAMBO Betty Wold Johnson F. Helmut & MARY SUE HENIFIN, ESQ. Grants Committee, Chair Rev. David H. McAlpin Caroline Weymar Shareholder – Buchanan Ingersoll, P.C. Consultant Counsel MARIA JUEGA CHRISTINE G. RITTER ALLEN D. PORTER, ESQ. Certifi ed Financial Planner Program Administrator, ______________________ Assistant Vice President – Investment Science Education Program – Services Group, Wachovia Princeton Plasma Physics Laboratory RAMAN KAPUR DAVID R. SCOTT, ESQ. Trusteee Emeritus Chairman – Midland Pharmaceuticals General Counsel – STANLEY C. SMOYER Rutgers University (retired) SUSAN N. WILSON Senior Advisor – ANSWER Founder (formerly the Network for Family Life Education) STUART CAROTHERS Former Trustees & Associates George Adriance* Sandra L. Ewell John F. Harper William M. Mayhall Janet M. Swinton Barbara A. Bombieri James A. Floyd Herbert W. Hobler Michele Minter William H. Sword* Ted Boyer George Gallup Pamela S. Kelsey Mark M. Murphy Frank E. Taplin Jr.* Glenn A. Brewer Jr. Robert Y. Garrett III Christopher B. Kuenne Sandra Persichetti Ann B. Vehslage Stuart Carothers Walter F. Gips* Karen C. Lambert Kimberlee S. Phelan, CPA Leslie “Bud” Vivian* Dean W. Chace Melinda W. Green Samuel W. Lambert III Allen D. Porter, Esq. John D. Wallace Debby D’Arcangelo Richard Grigos Arthur S. Lane* Peter R. Rossmassler Van Zandt Williams Jr. Pamela J. Dempsey Marilyn W. Grounds Yuki Moore Laurenti Jamie Kyte Sapoch Richard C. Woodbridge, Esq. William C. Egan Randall A. Hack Cathleen Litvack Jane A. Silverman John P. Hall Austin C. Starkey Jr. *deceased W elcome Since 1991, the Princeton Area Community Foundation has been promoting charitable giving all across central New Jersey by helping people fi nd effi cient and creative ways to support the charitable causes they care about. As a resource to nonprofi ts, donors, and their professional advisors, we are strengthening our community’s ability to take care of itself forever through permanent endowments that remain meaningful over time. We’ve always worked under the assumption that donors have greater impact when they combine their giving and focus their grantmaking. This approach has helped the Community Foundation award over $21.6 million on behalf of our donors since our inception, including $2.5 million last year. Now, with the results of two initiatives we’ve undertaken to evaluate and promote community involvement, the Community Experience Partnership and Better Together, we know this type of giving also generates social capital — the friendships and working relationships that tie people together and enable them to cooperate in ways that get more done. The Community Experience Partnership studied the civic engagement of Mercer County’s older adults and ways we can increase the involvement of people over 60 through volunteering, employment, and lifelong learning opportunities. Imagine what central New Jersey could accomplish by tapping this extraordinary pool of experience to solve local problems. Better Together, co-sponsored with the Princeton Regional Chamber of Commerce Foundation, conducted central New Jersey’s fi rst Social Capital Benchmark Survey. The survey measured how connected we are with one another and how engaged we are in our communities. This work uncovered some unexpected facts available online at www.bettertogethercnj.org, and sets the stage for our 2008 Community Forum. It has also generated a new grantmaking focus that invites nonprofi ts to seek support for their work that brings people together. Throughout this annual report you’ll see profi les of local residents who have helped raise our social capital by creating public spaces and gathering spots that foster a sense of shared purpose. Every increase in social capital deepens our ability — together — to tackle any problem. We invite you to review the results of a tremendous year and learn how people just like you are using the Community Foundation and all its philanthropic tools to help the causes they care about most. With best regards, Nancy W. Kieling Thomas B. Harvey, Esq. President & Executive Director Chairman of the Board What charitable funds are part of the Community Foundation? The following funds are all part of the Princeton Area Community Foundation. Created to promote and support the ideals of its founders, each fund has its own grantmaking focus. These funds are supported by thousands of people in the area who believe that they can accomplish more working together than alone. C ommunityG rantmakingF unds are created by donors who want to support critical issues through Greater Mercer Grants, a competitive grants ield-of- nterest unds program open to all nonprofi t organizations in the region. F I F Tristan Beplat Fund Leroy E. “Brick” Purvis are created by donors to invest in areas they care about, such Charles L. & Ann Lee Brown Fund* Charitable Fund as education, health, the arts or a specifi c geographic region. James E. & Diane W. Burke Fund Barbara B. Smoyer Memorial Fund Rebecca Annitto’s Service Dorothy E. Katz Hopewell Valley Judith & William Burks Fund II Marjorie R. Smoyer Fund Opportunities for Students Reading & Recreation Fund Jane M. Campbell Fund Stanley C. Smoyer Fund (SOS) Fund Kuser Arts Fund Founders’ Fund for Frank E. Taplin, Jr. Fund Diane Dixon Fund Mental Health Fund Greater Mercer County Trenton Community Fund Educational Initiatives Fund Princeton Youth Fund Robert Wood Johnson, Jr. Fund Weymar II Fund Environmental Fund Safe Child Fund of New Jersey Learning Fund* Whitehead Fund Fund for Women and Girls Spin Club Fund Willy N. Fund N onprofi tF unds are created by nonprofi ts to support future programs, operations, or capital improvements. Anderson House* Friends of the New Jersey Pinelands Preservation Alliance* ARC/Mercer State Museum Princeton Community Housing* Better Beginnings Child Friends of the Princeton Princeton Pro Musica Care Center Public Library* Princeton Senior Boys & Girls Club of Trenton & New Jersey Policy Perspective* Resource Center* Mercer County* New Jersey Press Foundation* Princeton Symphony Orchestra* Crawford House* New Jersey State Trenton Area Soup Kitchen Friends of Capital Preparatory Horticultural Society United Way of Greater Charter High School* PEI Kids* Mercer County People & Stories / Gente y Cuentos* D esignatedF unds cholarship unds are created by donors to support specifi c nonprofi t S F organizations or projects. They can be set up to provide are established by donors who want to accomplish support in perpetuity, or to be spent over a period of years. specifi c educational objectives or underwrite educational opportunities for students. Judith & William Burks Fund III Aimee Eve Polak Memorial Fund Alicia Cascallar Memorial Fund Princeton Hospice Fund Greater Mercer County General Institute for Advanced Study Thomas George Fund Princeton Hospital Scholarship Fund* Pre-School Scholarship Fund Gilder Park Revitalization Fund Chaplaincy Fund Princeton Post No. 76, American A. Myrtle Hensor Teaching Herbert W. Hobler Fund II Province Line Fund Legion Scholarship Fund Scholarship Fund J. Seward Johnson, Sr. Lloyd H. Snyder Music Fund* Art Directors Club of New Jersey Sidd Kramer Memorial Fund Environmental Education Fund Spirit of Princeton Fund Scholarship Fund Louise Maas Allied Health Montgomery Veterans Leslie Vivian Memorial Fund Bethany Scholarship Fund Professions Scholarship Fund Memorial Fund John Witherspoon Middle School Frank Clark Memorial Fund Ronald & Helena Macklin New Hope Solebury 8th Grade Washington, DC Rachel Fink Memorial Scholarship Fund* Education Fund* Scholarship Fund* Scholarship Fund* Jim Roberts Jazz Scholarship Fund Shirley Irons Forrest, Class of 1938 Michael McGarry Skowronek & John R. Forrest, Class of 1937 Memorial Scholarship Fund Memorial Scholarship Fund Trenton Scholarship Fund Sandra M. Glazier Memorial Fund Mary Elliott Wislar Memorial Fund *new funds established between January 1, 2007 and June 30, 2008 O perating F unds Gardening, photography sustain our continuing work to build and nurture community philanthropy. and tai chi keep former General Fund — Blair-Reichelderfer Fund Future Fund (supporting PACF’s librarian connected. PACF’s Operating Fund Field Family Fund Operating Endowment) Bernadine Aubert likes A dvisedF unds to spend her time doing allow donors to suggest
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