TY 2011 Form 990

- TIN:

Form990

Department of the Treasury
Internal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

The organization may have to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0047

2011

Open to Public Inspection

A For the calendar year, or tax year beginning 01-01-2011 and ending 12-31-2011

BCheck if applicable: Address change Name change Initial return Terminated Amended return Application pending

CName of organization
PRINCETON AREA COMMUNITY FOUNDATION INC

Doing Business As

Number and street (or P.O. box if mail is not delivered to street address)
15 PRINCESS ROAD

Room/suite

City or town, state or country, and ZIP + 4
LAWRENCEVILLE, NJ086482301

D Employer identification number

52-1746234

E Telephone number

G Gross receipts $ 19,973,925

F Name and address of principal officer:
ANN W KIELING
15 PRINCESS ROAD
LAWRENCEVILLE,NJ086482301

Tax-exempt status: 501(c)(3) 501(c) ( ) LeftBullet

(insert no.) 4947(a)(1) or 527

Website:

WWW.PACF.ORG

H(a)

Is this a group return for
affiliates? Yes No

H(b)

Are all affiliates included?

Yes No

If "No," attach a list. (see instructions)

H(c)

Group exemption number MediumBullet

K Form of organization: Corporation Trust Association Other MediumBullet

L Year of formation: 1991

M State of legal domicile: NJ

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: The Princeton Area Community Foundation promotes philanthropy through education, grant making, and by creating a network of donors, advisors and nonprofit corporations.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a).....	3	21
4	Number of independent voting members of the governing body (Part VI, line 1b) ....	4	21
5	Total number of individuals employed in calendar year 2011 (Part V, line 2a) ...	5	8
6	Total number of volunteers (estimate if necessary) ....	6	39
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ..	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 ..	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	8,480,227	11,060,891
9	Program service revenue (Part VIII, line 2g) .........	0	0
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	1,290,576	2,311,649
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	6,190	2,480
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	9,776,993	13,375,020
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	3,493,347	5,929,472
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	616,000	697,415
16a	Professional fundraising fees (Part IX, column (A), line 11e).....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 95,144
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f)....	229,707	407,968
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	4,339,054	7,034,855
19	Revenue less expenses. Subtract line 18 from line 12.......	5,437,939	6,340,165
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	70,685,210	75,963,642
21	Total liabilities (Part X, line 26).............	81,574	314,004
22	Net assets or fund balances. Subtract line 21 from line 20.....	70,603,636	75,649,638

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title.

Paid preparer use only

Print/type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name Right pointing arrowhead image

Firm's EIN Right pointing arrowhead image

Firm's address Right pointing arrowhead image

Phone no.

May the IRS discuss this return with the preparer shown above? See instructions ......... bullet

YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y

Form 990 (2011)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response to any question in this Part III .........

Briefly describe the organization’s mission: The Community Foundation promotes philanthropy to advance the well-being of our communities forever.

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .................... Yes No

If “Yes,” describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program services? .......................... Yes No

If “Yes,” describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ 6,525,136 including grants of $ 5,929,472 ) (Revenue $ 6,915 )
	Grants: The Community Foundation is an active grantmaker through two competitive grant programs (Greater Mercer Grants and the Fund for Women & Girls), and grantmaking from donor-advised, designated, nonprofit, and field-of-interest funds. Its primary focus is central New Jersey, but grants from donor-advised funds are made regionally and nationally as well. Competitive grants address the needs of low-income people in greater Mercer County, provide operating support for nonprofits working with low-income people, and provide support for work to build the social capital of the region. A Social Capital Benchmark Survey conducted in 2007 provides data to support this work and points to the need to build better relationships among the communities and people in the region. The Community Foundation engaged Angela Spence-DeGraff of AngelWorks Consulting in 2011 to survey its grantees in order to learn what challenges local nonprofits are facing, the barriers they encounter and how the Community Foundation can best serve their needs. The evaluation made nonprofits aware of the educational programming, consulting services, and individual guidance provided by the Community Foundation. The results of this research are being utilized to guide current and future work to better serve the community. The Fund for Women and Girls commissioned research in 2011 to better understand the needs of women and girls in Mercer County and to shape future work and grantmaking. The results of this study, Shaping the Future, were carried out by Dr. Sandy Gibson of The College of New Jersey and are available on our website. The Community Foundation's grantmaking touches many programmatic areas including education, basic services, health, arts & culture, housing, the environment, historic preservation, civil rights, and animal welfare. Promoting philanthropy and providing education: The Community Foundation actively engages its donors, grantees, and the professional advisors in the region to encourage charitable giving broadly, and to build over time a community-wide commitment to philanthropy. It sponsors seminars and workshops on topics such as endowment-building, good governance, grant-seeking best practices, risk management, and planned giving. The Community Foundation positions itself as a resource to the region and regularly responds to requests for information and guidance. A robust Resources and Links page on its web site is a 24/7 source of information to its three major constituents - donors, nonprofits and professional advisors. In addition, the Community Foundation partners with other organizations such as the Council of NJ Grantmakers, the Gift Planning Council of NJ, and the Support Center for Nonprofit Management to expand its educational offerings. Outside groups conduct related workshops on its premises. Staff are available to consult with donors, nonprofits, professional advisors, and community leaders on issues related to gifts, grants, partnerships and collaborations, and effective philanthropy and nonprofit management. It shares its expertise widely as it works to meet its mission to "promote philanthropy to advance the well-being of our communities forever." Grants to individuals: The Community Foundation includes over a dozen scholarship funds. It grants scholarships and awards through competitive processes to support college study and to honor achievement in the arts, music, graphic design, and community service.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ 0 including grants of $ 0 ) (Revenue $ 0 )
4e	Total program service expenses$ 6,525,136

Form 990 (2011)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule A Click to see attachment

.....................

Yes

Is the organization required to complete Schedule B, Schedule of Contributors? Click to see attachment

........

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I..........

Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part II.........................

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete Schedule D, Part I Click to see attachment

....................

Yes

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part II...

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III ....................

Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IV...................

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If “Yes,” complete Schedule D, Part V Click to see attachment

Yes

If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:

Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI. Click to see attachment

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII. Click to see attachment

11b

Yes

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.

11d

Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.

11e

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X. Click to see attachment

11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year?
If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment

12a

Yes

Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment

12b

Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States?....

14a

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States or aggregate foreign investments valued at $100,000 or more? If “Yes,” complete Schedule F, Part I......... Click to see attachment

14b

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II.. Click to see attachment

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III.. Click to see attachment

Yes

Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II.......... Click to see attachment

Yes

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III...................

20a

Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....

20a

If “Yes” to line 20a, did the organization attach a copy of its audited financial statement to this return? Note. All Form 990 filers that operated one or more hospitals must attach audited financial statements.

20b

Form 990 (2011)

Page 4

Part IV

Checklist of Required Schedules (continued)

Did the organization report more than $5,000 of grants and other assistance to any government or organization in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment

Yes

Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III..... Click to see attachment

Yes

Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................

24c

Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I......

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................

25b

Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II.........................

Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If “Yes,” complete Schedule L, Part III.........

Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .........................

28a

A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV...................

28b

An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV..

28c

Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule M Click to see attachment

Yes

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............ Click to see attachment

Yes

Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I...........................

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........

Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1.....................

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2...

35b

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2...........

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VI

Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Form 990 (2011)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance

Check if Schedule O contains a response to any question in this Part V .........

Yes

Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......

Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?.............................

If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................

If "Yes," enter the name of the foreign country: MediumBullet

See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........

Yes

If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................

Yes

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................

Yes

If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....

Yes

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................

Yes

If “Yes,” indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............

Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................

Sponsoring organizations maintaining donor advised funds.

Did the organization make any taxable distributions under section 4966?.........

Did the organization make a distribution to a donor, donor advisor, or related person?......

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them) ........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.

13a

Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.

13b

Enter the aggregate amount of reserves on hand.

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..

14b

Form 990 (2011)

Page 6

Part VI

Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response to any question in this Part VI .........

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year
If the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent .................

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? .................

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ............

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .........................

Yes

Each committee with authority to act on behalf of the governing body? ..........

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....

Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If “Yes,” did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes? ....

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?

11a

Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....

12a

Did the organization have a written conflict of interest policy? If “No,” go to line 13.......

12a

Yes

Were officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this was done ....................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

Yes

If "Yes," to line 15a or 15b, describe the process in Schedule O (see instructions).

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If “Yes,” did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the States with which a copy of this Form 990 is required to be filed MediumBullet

NJ , PA

Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request

Describe in Schedule O whether (and if so, how), the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet

Ann W Kieling
15 Princess Road
Lawrenceville,NJ086482301
(609) 219-1800

Form 990 (2011)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response to any question in this Part VII .........

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.

Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.

(A) Name and Title	(B) Average hours per week (describe hours for related organizations in Schedule O)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(1) Richard Bilotti Trustee	1	X		0	0	0
(2) William P Burks MD Trustee	1	X		0	0	0
(3) Barbara Coe Trustee	1	X		0	0	0
(4) Gordon O Danser CPA Trustee	1	X		0	0	0
(5) Sonia Delgado Trustee	1	X		0	0	0
(6) Andrew K Golden Trustee	1	X		0	0	0
(7) Vernon H Hammond Trustee	1	X		0	0	0
(8) Mary Sue Henifin Esq Trustee	1	X		0	0	0
(9) Raman Kapur Trustee	1	X		0	0	0
(10) Samuel W Lambert III Trustee	1	X		0	0	0
(11) Debra Perez PhD Trustee	1	X		0	0	0
(12) Jeffrey F Perlman Trustee	1	X		0	0	0
(13) Christine G Ritter Trustee	1	X		0	0	0
(14) Patrick L Ryan Trustee	1	X		0	0	0
(15) John S Watson Jr Trustee	1	X		0	0	0
(16) Denise M Wilson Trustee	1	X		0	0	0
(17) Ann Reichelderfer Esq Chair	1	X	X	0	0	0

Form 990 (2011)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and Title	(B) Average hours per week (describe hours for related organizations in Schedule O)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(18) David R Scott Esq Vice Chair	1	X	X	0	0	0
(19) Eleanor V Horne Vice Chair	1	X	X	0	0	0
(20) Marguerite L Mount CPA Treasurer	1	X	X	0	0	0
(21) Anne LaBate Secretary	1	X	X	0	0	0
(22) Ann W Kieling President	45		X	152,744	0	21,584
(23) Maria C Santisi Chief Financial Officer	40		X	94,581	0	20,150

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	247,325	0	41,734

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

Form 990 (2011)

Page 9

Part VIII

Statement of Revenue

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512, 513, or 514
1a	Federated campaigns..1a		1,069
b	Membership dues....1b		0
c	Fundraising events....1c		18,029
d	Related organizations...1d		0
e	Government grants (contributions)1e		0

f	All other contributions, gifts, grants, and similar amounts not included above1f		11,041,793
g	Noncash contributions included in lines 1a-1f:$ 2,412,162
h	Total. Add lines 1a-1f.......			11,060,891
			Business Code
2a
b
c
d
e
f	All other program service revenue .			0	0	0	0
g	Total. Add lines 2a–2f........			0
3	Investment income (including dividends, interest
	and other similar amounts).....			1,877,319	0	0	1,877,319
4	Income from investment of tax-exempt bond proceeds..			0	0	0	0
5	Royalties............			0	0	0	0
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)	0	0
d	Net rental income or (loss).......
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7,000,000	0
b	Less: cost or other basis and sales expenses	6,565,670	0
c	Gain or (loss)	434,330	0
d	Net gain or (loss)..........			434,330	0	0	434,330
8a	Gross income from fundraising events (not including $ 18,029 of contributions reported on line 1c). See Part IV, line 18 ...
	a		28,800
b	Less: direct expenses ...b		33,235
c	Net income or (loss) from fundraising events..			-4,435		0	-4,435
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...
10a	Gross sales of inventory, less returns and allowances .
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Miscellaneous Revenue			Business Code
11a	Program service fees		813,211	6,915	6,915	0	0
b
c
d	All other revenue ....			0	0	0	0
e	Total. Add lines 11a–11d ......			6,915
12	Total revenue. See Instructions....			13,375,020	6,915	0	2,307,214

Form 990 (2011)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Check if Schedule O contains a response to any question in this Part IX. .........

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses
1	Grants and other assistance to governments and organizations in the United States. See Part IV, line 21	5,282,718	5,282,718
2	Grants and other assistance to individuals in the United States. See Part IV, line 22	96,513	96,513
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16	550,241	550,241
4	Benefits paid to or for members	0	0
5	Compensation of current officers, directors, trustees, and key employees ....	294,059	107,597	168,530	17,932
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....	0	0	0	0
7	Other salaries and wages	320,801	168,081	114,860	37,860
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	10,679	6,469	3,061	1,149
9	Other employee benefits .......	28,036	16,926	7,626	3,484
10	Payroll taxes ...........	43,840	19,558	20,208	4,074
11	Fees for services (non-employees):
a	Management ......	154,544	151,796	2,748	0
b	Legal .........	1,840	0	1,840	0
c	Accounting ...........	17,000	0	17,000	0
d	Lobbying ...........	0	0	0	0
e	Professional fundraising. See Part IV, line 17..	0			0
f	Investment management fees ......	3,025	0	3,025	0
g	Other ..........	0	0	0	0
12	Advertising and promotion ....	12,926	0	6,700	6,226
13	Office expenses .......	36,206	16,824	15,448	3,934
14	Information technology ......	16,299	6,781	5,131	4,387
15	Royalties ..	0	0	0	0
16	Occupancy ...........	88,553	44,565	33,731	10,257
17	Travel ............	4,660	2,338	1,769	553
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......	0	0	0	0
19	Conferences, conventions, and meetings ....	42,351	39,395	1,295	1,661
20	Interest ...........	0	0	0	0
21	Payments to affiliates .......	0	0	0	0
22	Depreciation, depletion, and amortization .....	14,038	7,043	5,329	1,666
23	Insurance ..............	4,250	2,132	1,614	504
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24f. If line 24f amount exceeds 10% of line 25, column (A) amount, list line 24f expenses on Schedule O.)
a	Membership dues and subscriptions	12,276	6,159	4,660	1,457
b
c
d
e
f	All other expenses
25	Total functional expenses. Add lines 1 through 24f	7,034,855	6,525,136	414,575	95,144
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2011)

Page 11


				(A) Beginning of year		(B) End of year
1	Cashnon-interest-bearing ..........			6,576	1	6,001
2	Savings and temporary cash investments .......			11,143,516	2	14,742,443
3	Pledges and grants receivable, net .........			370,739	3	766,807
4	Accounts receivable, net .........			0	4	0
5	Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
	Schedule L ..........			0	5	0
6	Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
	Schedule L ..........			0	6	0
7	Notes and loans receivable, net .............			0	7	0
8	Inventories for sale or use ..............			0	8	0
9	Prepaid expenses and deferred charges ............			16,908	9	18,224
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	117,394
b	Less: accumulated depreciation. .....	10b	61,766	54,519	10c	55,628
11	Investments—publicly traded securities ..........			35,129,355	11	28,689,888
12	Investments—other securities. See Part IV, line 11 ......			23,068,256	12	30,813,179
13	Investments—program-related. See Part IV, line 11 ..			0	13
14	Intangible assets .........			0	14
15	Other assets. See Part IV, line 11 ...........			895,341	15	871,472
16	Total assets. Add lines 1 through 15 (must equal line 34)...			70,685,210	16	75,963,642
17	Accounts payable and accrued expenses .			18,849	17	253,850
18	Grants payable ..........			0	18
19	Deferred revenue ..........			62,725	19	60,154
20	Tax-exempt bond liabilities ..........			0	20	0
21	Escrow or custodial account liability. Complete Part IV of Schedule D..			0	21	0
22	Payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........			0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..			0	23	0
24	Unsecured notes and loans payable to unrelated third parties ....			0	24	0
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D.....			0	25	0
26	Total liabilities. Add lines 17 through 25.....			81,574	26	314,004
	Organizations that follow SFAS 117, check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets .....			69,862,322	27	74,252,946
28	Temporarily restricted net assets .....			741,314	28	1,396,692
29	Permanently restricted net assets .....			0	29	0
	Organizations that do not follow SFAS 117, check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....				30
31	Paid-in or capital surplus, or land, building or equipment fund .....				31
32	Retained earnings, endowment, accumulated income, or other funds				32
33	Total net assets or fund balances .....			70,603,636	33	75,649,638
34	Total liabilities and net assets/fund balances .....			70,685,210	34	75,963,642

Form 990 (2011)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response to any question in this Part XI .........

Total revenue (must equal Part VIII, column (A), line 12) ...

13,375,020

Total expenses (must equal Part IX, column (A), line 25) ....

7,034,855

Revenue less expenses. Subtract line 2 from line 1 ...

6,340,165

Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..

70,603,636

Other changes in net assets or fund balances (explain in Schedule O) ...

-1,294,163

Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) ....

75,649,638

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response to any question in this Part XII .........

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?....

Were the organization’s financial statements audited by an independent accountant?........

Yes

If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O. ...........................

Yes

If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separated basis

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................

If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..

Form 990 (2011)

Additional Data

Software ID:	11000129
Software Version:	v1.00

Form 990, Special Condition Description:

Special Condition Description

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.

Attach to Form 990 or Form 990-EZ. right arrow

See separate instructions.

OMB No. 1545-0047

2011

Open to Public
Inspection

Name of the organization

PRINCETON AREA COMMUNITY FOUNDATION INC

Employer identification number

52-1746234

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

A church, convention of churches, or association of churches. section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in

section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross

receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of

its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses

acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. Seesection 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box that describes the type of supporting organization and complete lines 11e through 11h.

Type I

Type II

Type III - Functionally integrated

Type III - Other

By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).

If the organization received a written determination from the IRS that it is a Type I, Type II or Type III supporting organization, check this box ..................................................

Since August 17, 2006, has the organization accepted any gift or contribution from any of the
following persons?

(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)

Yes

and (iii) below, the governing body of the the supported organization? ................

11g(i)

(ii) a family member of a person described in (i) above? ......................

11g(ii)

(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................

11g(iii)

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization in col. (i) listed in your governing document?		(v) Did you notify the organization in col. (i) of your support?		(vi) Is the organization in col. (i) organized in the U.S.?		(vii) Amount of support?
(i) Name of supported organization	(ii) EIN	Yes	No	Yes	No	Yes	No	(vii) Amount of support?


Total

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2011

Page 2

Part II

Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year(or fiscal year beginning in)		(a) 2007	(b) 2008	(c) 2009	(d) 2010	(e) 2011	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....	5,147,575	9,006,747	7,057,840	8,480,227	11,089,691	40,782,080
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......	0	0	0	0	0	0
3	The value of services or facilities furnished by a governmental unit to the organization without charge..	0	0	0	0	0	0
4	Total. Add lines 1 through 3..	5,147,575	9,006,747	7,057,840	8,480,227	11,089,691	40,782,080
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..						4,289,511
6	Public Support. Subtract line 5 from line 4.						36,492,569

Section B. Total Support

Calendar year(or fiscal year beginning in)		(a) 2007	(b) 2008	(c) 2009	(d) 2010	(e) 2011	(f) Total
7	Amounts from line 4..	5,147,575	9,006,747	7,057,840	8,480,227	11,089,691	40,782,080
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..	2,641,696	2,509,010	1,540,178	1,347,576	1,877,319	9,915,779
9	Net income from unrelated business activities, whether or not the business is regularly carried on..	0	0	0	0	0	0
10	Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..	4,136	2,331	23,705	6,190	6,915	43,277
11	Total support (Add lines 7 through 10).						50,741,136

Gross receipts from related activities, etc. (See instructions.) ..................

First Five Years If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.......................................... right arrow

Section C. Computation of Public Support Percentage

Public Support Percentage for 2010 (line 6 column (f) divided by line 11 column (f)) .........

71.919 %

Public Support Percentage for 2009 Schedule A, Part II, line 14 ...............

71.578 %

16a

33 1/3% support test—2011. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ...................... right arrow

33 1/3% support test—2010. If the organization did not check the box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2011. If the organization did not check a box on line 13, 16a, or 16b and line 14
is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported
organization .................................................. right arrow

10%-facts-and-circumstances test—2010. If the organization did not check a box on line 13, 16a, 16b, or 17a and line
15 is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly
supported organization .............................................. right arrow

Private Foundation If the organization did not check a box on line 13, 16a, 16b, 17a or 17b, check this box and see
instructions ................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2011

Page 3

Part III

Support Schedule for Organizations Described in IRC 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year(or fiscal year beginning in)		(a) 2007	(b) 2008	(c) 2009	(d) 2010	(e) 2011	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3	Gross receipts from activities that are not an unrelated trade or business under section 513..
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge..
6	Total. Add lines 1 through 5.
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons...
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public Support (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2007	(b) 2008	(c) 2009	(d) 2010	(e) 2011	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
13	Total support (Add lines 9, 10c, 11 and 12.).

Section C. Computation of Public Support Percentage

Public Support Percentage for 2011 (line 8 column (f) divided by line 13 column (f)) .........

Public support percentage from 2010 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2011 (line 10c column (f) divided by line 13 column (f)) ......

Investment income percentage from 2010 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests—2011. If the organization did not check the box on line 14, and line 15 is more than 33 1/3% and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .......... right arrow

33 1/3% support tests—2010. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private Foundation If the organization did not check a box on line 14, 19a or 19b, check this box and see instructions ..... right arrow

Schedule A (Form 990 or 990-EZ) 2011

Page 4

Part IV

Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Explanation
Program service fees for educational seminars.

Schedule A (Form 990 or 990-EZ) 2011

Additional Data

Software ID:	11000129
Software Version:	v1.00

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

OMB No. 1545-0047

2011

Name of organization

PRINCETON AREA COMMUNITY FOUNDATION INC

Employer identification number

52-1746234

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not total to more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year. ......................... Arrow Bullet

Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 2

Name of organization PRINCETON AREA COMMUNITY FOUNDATION INC
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Part I	Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	RESTRICTED RESTRICTED RESTRICTED RESTRICTED, RESTRICTED RESTRICTED	$RESTRICTED	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 3

Name of organization PRINCETON AREA COMMUNITY FOUNDATION INC
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Part II	Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Page 4

Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Name of organization
PRINCETON AREA COMMUNITY FOUNDATION INC

Employer identification number

52-1746234

Part III

Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Additional Data

Software ID:	11000129
Software Version:	v1.00

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet

Attach to Form 990. SchDMd Bullet

See separate instructions.

OMB No. 1545-0047

2011

Open to Public Inspection

Name of the organization

PRINCETON AREA COMMUNITY FOUNDATION INC

Employer identification number

52-1746234

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .......	147	117
2	Aggregate contributions to (during year) ...	5,458,769	3,821,155
3	Aggregate grants from (during year) ...	2,832,464	2,810,687
4	Aggregate value at end of year .......	18,557,647	52,838,559

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ....................	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................

Yes No

Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................

Yes No

In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:

(i)

Revenues included in Form 990, Part VIII, line 1 ........................ SchDMd Bullet

(ii)

Assets included in Form 990, Part X .............................. SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958), relating to these items:

Revenues included in Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990

Cat. No. 52283D

Schedule D (Form 990) 2011

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No

If "Yes," explain the arrangement in Part XIV and complete the following table:


c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Did the organization include an amount on Form 990, Part X, line 21? .....................

Yes No

If “Yes,” explain the arrangement in Part XIV.

Part V

Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.

		(a)Current Year	(b)Prior Year	(c)Two Years Back	(d)Three Years Back
1a	Beginning of year balance ....	31,438,912	28,749,749	24,007,185	29,705,233
b	Contributions ........	1,025,385	751,115	843,517	1,333,851
c	Net investment earnings, gains, and losses ...	544,205	2,912,106	4,791,320	-6,056,865
d	Grants or scholarships .....	37,203	20,160	17,783	10,000
e	Other expenditures for facilities and programs ........	1,018,860	685,618	595,277	666,058
f	Administrative expenses ....	299,859	268,280	279,213	298,976
g	End of year balance ......	31,652,580	31,438,912	28,749,749	24,007,185

Provide the estimated percentage of the year end balance (line 1g) held as:

Board designated or quasi-endowment SchDMd Bullet

100 %

Permanent endowment SchDMd Bullet

0 %

Temporarily restricted endowment SchDMd Bullet

0 %

The percentages in lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations ........................

3a(i)

(ii) related organizations ........................

3a(ii)

If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIV the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value
1a	Land .................	0	0		0
b	Buildings ................	0	0	0	0
c	Leasehold improvements ............	0	63,318	20,393	42,925
d	Equipment ................	0	54,076	41,373	12,703
e	Other .................	0	0	0	0
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......					55,628

Schedule D (Form 990) 2011

Page 3

Part VII

InvestmentsOther Securities. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives	0
(2)Closely-held equity interests	0
(3)Other (A) Multi-Strategy	14,345,588	F
(B) Long/Short Strategy	3,417,596	F
(C) Equity Funds	5,921,046	F
(D) Real Assets	7,035,218	F
(E) Private Stock	93,731	F




Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	30,813,179

Part VIII

InvestmentsProgram Related. See Form 990, Part X, line 13.

(a) Description of investment type		(b) Book value	(c) Method of valuation: Cost or end-of-year market value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. See Form 990, Part X, line 15.

(a) Description				(b) Book value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. See Form 990, Part X, line 25.

1.(a) Description of Liability		(b) Book value
Federal Income Taxes		0









Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		0
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).

Schedule D (Form 990) 2011

Page 4

Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1	Total revenue (Form 990, Part VIII, column (A), line 12) ....................	1	13,375,020
2	Total expenses (Form 990, Part IX, column (A), line 25) .....................	2	7,034,855
3	Excess or (deficit) for the year. Subtract line 2 from line 1 .............	3	6,340,165
4	Net unrealized gains (losses) on investments ..........................	4	-1,261,818
5	Donated services and use of facilities .............................	5	0
6	Investment expenses ...................................	6	0
7	Prior period adjustments ..................................	7	0
8	Other (Describe in Part XIV.) .................................	8	-1,541,764
9	Total adjustments (net). Add lines 4 through 8 .........................	9	-2,803,582
10	Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 .........	10	3,536,583

Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1	Total revenue, gains, and other support per audited financial statements .......			1	9,228,875
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains on investments ..........	2a	-1,261,818
b	Donated services and use of facilities .........	2b	0
c	Recoveries of prior year grants ...........	2c	0
d	Other (Describe in Part XIV.) ............	2d	0
e	Add lines 2a through 2d .....................			2e	-1,261,818
3	Subtract line 2e from line 1.....................			3	10,490,693
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	3,025
b	Other (Describe in Part XIV.) ...........	4b	2,881,302
c	Add lines 4a and 4b.......................			4c	2,884,327
5	Total Revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	13,375,020

Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1	Total expenses and losses per audited financial statements .............			1	5,692,292
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a	0
b	Prior year adjustments ..............	2b	0
c	Other losses ................	2c	0
d	Other (Describe in Part XIV.) ............	2d	0
e	Add lines 2a through 2d......................			2e	0
3	Subtract line 2e from line 1.....................			3	5,692,292
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	3,025
b	Other (Describe in Part XIV.) ............	4b	1,339,538
c	Add lines 4a and 4b.......................			4c	1,342,563
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	7,034,855

Part XIV

Supplemental Information

Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.

Identifier	Return Reference	Explanation
SchD_P05_S00_L04	Schedule D, Part V, Line 4	The Community Foundation's quasi-endowment funds are invested and managed to support grantmaking to nonprofit organizations; to fund special initiatives such as the Survey of Nonprofit Organizations facilitated by AngelWorks Consulting, The Fund for Women and Girls study, Shaping the Future, and to support its educational outreach work to promote philanthropy in central NJ.
SchD_P10_S00_L02	Schedule D, Part X, Line 2	The Community 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. The Community Foundation follows the pronouncement related to accounting for uncertainty in income taxes and there were no uncertain tax positions at December 31, 2011 and 2010. There are no open tax years prior to 2008. In addition, no income tax related penalties or interest have been recorded for the years ended December 31, 2011 and 2010.
SchD_P11_S00_L08	Schedule D, Part XI, Line 8	Net contributions and grants from Non-Profit Organization Funds and investment expenses. The Community Foundation follows the accounting guidance for Non-Profit Organization Funds which are subject to variance power. These funds are shown as custodial funds on the financial statements in accordance with generally accepted accounting principles in the United States, but have been included in changes in net assets for the preparation of the Form 990 as detailed in the authoritative literature. The overall net adjustment for these funds is $1,541,764.
SchD_P12_S00_L04b	Schedule D, Part XII, Line 4b	Contributions from Non-Profit Organization Funds. The Community Foundation follows the accounting guidance for Non-Profit Organization Funds which are subject to variance power. These funds are shown as custodial funds on the financial statements in accordance with generally accepted accounting principles in the United States, but have been included in changes in net assets for the preparation of the Form 990 as detailed in the authoritative literature. Accordingly, gifts and net earnings of these funds, which have been included in the revenue in Part VIII of $2,848,957 are shown in the reconciliation of revenue. The change in value of split interest agreements totaling $32,345 is also shown as a reconciling item. Total adjustments recorded on line 4b equal $2,881,302.
SchD_P13_S00_L04b	Schedule D, Part XIII, Line 4b	Grants from Non-Profit Organization Funds. The Community Foundation follows the accounting guidance for Non-Profit Organization Funds which are subject to variance power. These funds are shown as custodial funds on the financial statements in accordance with generally accepted accounting principles in the United States, but have been included in changes in net assets for the preparation of the Form 990 as detailed in the authoritative literature. Accordingly, grants and expenses of $1,339,538 are included in Part IX and are shown in the reconcilation of expenses.

Schedule D (Form 990) 2011

Additional Data

Software ID:	11000129
Software Version:	v1.00

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16. Right pointing arrow large image

Attach to Form 990. Right pointing arrow large image

See separate instructions.

OMB No. 1545-0047

2011

Open to Public Inspection

Name of the organization
PRINCETON AREA COMMUNITY FOUNDATION INC

Employer identification number

52-1746234

Part I

General Information on Activities Outside the United States. Complete if the organization answered
“Yes” to Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants

and other assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? ..............................

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other
assistance outside the United States.

Activites per Region. (Use Part V if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees or agents in region or independent contractors	(d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in region	(f) Total expenditures for region/investments in region
	Central America and the Caribbean	0	0	Grantmaking	Solar Electric Light Fund, 1612 K Street, Ste 402, Washington, DC 20006 directed for the solar electrification of Boucan Carre, Haiti. All due diligence and monitoring of this grant is administered by the Solar Electric Light Fund.	527,741
	Sub-Saharan Africa	0	0	Grantmaking	Population Action International, 1300 19th Street, Ste 200, Washington, DC 20036-1627 directed for general support. All due diligence and monitoring of this grant is administered by Population Action International.	10,000
	East Asia and the Pacific	0	0	Grantmaking	Education scholarship from the NRG Energy Howard Cosgrove Scholarship fund in support of a scholarship recipient attending Southern Cross University, Lismore, Australia	12,500














3a	Sub-total .....
b	Total from continuation sheets to Part I ...
c	Totals (add lines 3a and 3b)	0	0			550,241

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2011

Schedule F (Form 990) 2011

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990,

Part IV, line 15, for any recipient who received more than $5,000. Check this box if no one recipient received more than $5,000 ........ MediumBullet

Use Part V if additional space is needed.

(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement	(g) Amount of of non-cash assistance
Central America and the Caribbean	Solar Electric Light Fund, 1612 K Street, Ste 402, Washington, DC 20006 directed for the solar electrification of Boucan Carre, Haiti. All due diligence and monitoring of the grant is administered by the Solar Electric Light Fund.	527,741	Wire transfer	0
Sub-Saharan Africa	Population Action International, 1300 19th Street, Ste 200, Washington, DC 20036-1627 directed for general support. All due diligence and monitoring of this grant is administered by Population Action International.	10,000	Check	0

Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter ..... MediumBullet

Enter total number of other organizations or entities ........................ MediumBullet

Schedule F (Form 990) 2011

Schedule F (Form 990) 2011Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.

Use Part V if additional space is needed.

	(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of non-cash assistance
Education scholarship from the NRG Energy Howard Cosgrove Scholarship Fund in support of a scholarship recipient attending Southern Cross University, Lismore, Australia	East Asia and the Pacific	1	12,500	Wire transfer	0

Schedule F (Form 990) 2011

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2011

Page 5

Part V

Supplemental Information
Complete this part to provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).

Identifier	ReturnReference	Explanation
SchF_P01_S00_L01	Schedule F, Part I, Line 1	Grants from donor-advised and designated funds are awarded after a thorough review of their IRS 990 tax returns, and in many cases, a review of their audited financial statements. Staff also review web sites, annual reports and newsletters to confirm the tax-exempt status and efficacy of each organization. The Community Foundation grants scholarships and awards through competitive processes to support college study and to honor achievement in the arts, music, graphic design, and community service.
SchF_P01_S00_L02	Schedule F, Part I, Line 2	All foreign grants made by the Community Foundation are paid through organizations based in the United States with 501(c)(3) tax-exempt status and forwarded to foreign grantees. All monitoring of grants and due diligence after the grant is made is administered by the grantee organization based in the United States. Scholarships made to foreign educational instututions in support of scholarship recipients are monitored each year to determine that awardees are enrolled and maintain compliance with scholarship guidelines.

Schedule F (Form 990) 2011

Additional Data

Software ID:	11000129
Software Version:	v1.00

- TIN:

SCHEDULE G (Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19,or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrow

Attach to Form 990 or Form 990-EZ. right arrow

See separate instructions.

OMB No. 1545-0047

2011

Open to Public Inspection

Name of the organization
PRINCETON AREA COMMUNITY FOUNDATION INC

Employer identification number

52-1746234

Part I

Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and e-mail solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees

or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

Yes

If “Yes,” list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization. Form 990-EZ filers are not required to complete this table.

(i) Name and address of individual or entity (fundraiser)	(ii) Activity	(iii) Did fundraiser have custody or control of contributions?		(iv) Gross receipts from activity	(v) Amount paid to (or retained by) fundraiser listed in col. (i)	(vi) Amount paid to (or retained by) organization
	(ii) Activity	Yes	No	(iv) Gross receipts from activity		(vi) Amount paid to (or retained by) organization
Total .................

List all states in which the organization is registered or licensed to solicit funds or has been notified it is exempt from registration or licensing.

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50083H

Schedule G (Form 990 or 990-EZ) 2011

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 on Form 990-EZ, line 6a. List events with gross receipts greater than $5,000.

		(a) Event #1 20th Anniversary Event (event type)	(c) Other Events (total number)	(d) Total Events (Add col. (a) through col. (c))
1	Gross receipts . . .	46,829		46,829
2	Less: Charitable contributions . . .	18,029		18,029
3	Gross income (line 1 minus line 2) . . .	28,800		28,800
4	Cash prizes . . .	0		0
5	Non-cash prizes . .	0		0
6	Rent/facility costs . .	0		0
7	Food and beverages . .	28,800	0	28,800
8	Entertainment . . .	0	0	0
9	Other direct expenses .	4,435		4,435
10	Direct expense summary. Add lines 4 through 9 in column (d) ...........			33,235
11	Net income summary. Combine lines 3 and 10 in column (d)............			-4,435

Part III

Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.

(a) Bingo

(b) Pull tabs/Instant
bingo/progressive bingo

(c) Other gaming

(d) Total gaming (Add col. (a) through col. (c))

Gross revenue . . . .

Cash prizes . . . .

Non-cash prizes . . .

Rent/facility costs . . .

Other direct expenses . .

Volunteer labor . . .

	Yes
	No

	Yes
	No

	Yes
	No

Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow

Net gaming income summary. Combine lines 1 and 7 in column (d) .......... right arrow

Enter the state(s) in which the organization operates gaming activities:

Is the organization licensed to operate gaming activities in each of these states? ............

YesNo

If "No," Explain:

10a

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....

YesNo

If "Yes," Explain:

Does the organization operate gaming activities with nonmembers? .................

YesNo

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? ..........................

YesNo

Schedule G (Form 990 or 990-EZ) 2011

Page 3

Indicate the percentage of gaming activity operated in:

The organization's facility ......................

13a

An outside facility ........................

13b

Provide the name and address of the person who prepares the organization's gaming/special events books and records:

Name

Address

15a

Does the organization have a contract with a third party from whom the organization receives gaming

revenue? ......................................

YesNo

If "Yes," enter the amount of gaming revenue received by the organization right arrow

$ and the

amount of gaming revenue retained by the third party right arrow

$ .

If "Yes," enter name and address:

Name

Address

Gaming manager information:

Name

Gaming manager compensation right arrow

Description of services provided right arrow

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? ............................

YesNo

Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year right arrow

Part IV

Complete this part to provide additional information for responses to quuestion on Schedule G (see instructions.)

Identifier	ReturnReference	Explanation

Schedule G (Form 990 or 990-EZ) 2011

Additional Data

Software ID:	11000129
Software Version:	v1.00

- TIN:

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990

OMB No. 1545-0047

2011

Open to Public
Inspection

Name of the organization
PRINCETON AREA COMMUNITY FOUNDATION INC

Employer identification number
52-1746234

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed ......................... lBullet

(a) Name and address of organization or government	(b) EIN	(c) IRC Code section if applicable	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) Alliance for Sustainability1521 University Avenue SE Minneapolis,MN55414	41-1451709	501(C)3	10,000	General / Program Support
(2) American Boychoir School19 Lambert Drive Princeton,NJ085402304	21-0638797	501(C)3	12,310	General / Program Support
(3) American Red Cross of Central New Jersey707 Alexander Road Suite 101 Princeton,NJ085406331	53-0196605	501(C)3	35,050	General / Program Support
(4) Anderson House532 County Road 523 PO Box 134 Whitehouse Station,NJ08889	52-1786469	501(C)3	180,150	General / Program Support
(5) Arts Council of Princeton102 Witherspoon Street Princeton,NJ08542	22-6108090	501(C)3	18,250	General / Program Support
(6) Artworks19 Everett Alley Trenton,NJ08611	22-1803117	501(C)3	22,000	General / Program Support
(7) Better Beginnings Day Care Center of Hightstown-East Windsor Inc318 N Main Street PO Box 187 Hightstown,NJ08520	22-1989487	501(C)3	20,000	General / Program Support
(8) Big Brothers Big Sisters of Mercer County535 East Franklin Street Trenton,NJ08610	06-1653897	501(C)3	11,800	General / Program Support
(9) Bowdoin CollegeOffice of Development 4100 College Station Brunswick,ME040118432	01-0215213	501(C)3	7,000	General / Program Support
(10) Boys & Girls Club of Trenton-Mercer County212 Centre Street Trenton,NJ08611	21-0634556	501(C)3	49,400	General / Program Support
(11) Capital Health System Foundation750 Brunswick Avenue Trenton,NJ08638	22-2230681	501(C)3	20,400	General / Program Support
(12) Cardigan Mountain School62 Alumni Drive Canaan,NH03741	02-0223580	501(C)3	10,000	General / Program Support
(13) Carnegie Hall Society881 Seventh Avenue New York,NY10019	13-6136259	501(C)3	10,000	General / Program Support
(14) Catholic Charities-Diocese of Trenton383 West State Street PO Box 1423 Trenton,NJ08618	21-0634494	501(C)3	25,150	General / Program Support
(15) Center for Jewish LifePrinceton University 70 Washington Road Princeton,NJ085406409	22-6071127	501(C)3	5,900	General / Program Support
(16) Central Park Conservancy14 East 60th Street New York,NY10022	13-3022855	501(C)3	10,000	General / Program Support
(17) Centurion Ministries221 Witherspoon Street Princeton,NJ08542	22-2563979	501(C)3	35,700	General / Program Support
(18) Children's Home Society of NJ635 South Clinton Avenue Trenton,NJ086111831	21-0634966	501(C)3	31,000	General / Program Support
(19) City Parks Foundation830 Fifth Avenue New York,NY10065	13-3561657	501(C)3	51,000	General / Program Support
(20) Compassion & ChoicesPO Box 101810 Denver,CO80250	84-1328829	501(C)3	14,900	General / Program Support
(21) Corner House Foundation369 Witherspoon Street Princeton,NJ08540	22-2359490	501(C)3	7,000	General / Program Support
(22) Crisis Ministry of Princeton and Trenton123 E Hanover Street Trenton,NJ08605	22-3198464	501(C)3	24,400	General / Program Support
(23) D&R Greenway Land TrustOne Preservation Place Princeton,NJ08540	22-3035836	501(C)3	38,650	General / Program Support
(24) Dartmouth CollegeGift Recording Office 6066 Development Office Hanover,NH037553555	02-0222111	501(C)3	7,250	General / Program Support
(25) Eden Family ServicesOne Eden Way Princeton,NJ08540	22-4215005	501(C)3	546,665	General / Program Support
(26) Elijah's Promise211 Livingston Avenue New Brunswick,NJ08901	22-3055539	501(C)3	7,500	General / Program Support
(27) Family Guidance Center-Family & Children's Services1931 Nottingham Way Hamilton,NJ086193554	22-3237254	501(C)3	23,100	General / Program Support
(28) Florida Gulf Coast University FoundationFlorida Gulf Coast University 10501 FGCU Boulevard South Fort Myers,FL339656565	65-0403969	501(C)3	75,000	General / Program Support
(29) Foundation Fighting Blindness-NJ ChapterPO Box 449 Princeton,NJ085400449	23-7135845	501(C)3	5,050	General / Program Support
(30) Friends of American Lake Veterans Golf Course9600 Veterans Drive Southwest Lakewood,WA98493	81-0650129	501(C)3	7,980	General / Program Support
(31) Friends of the NJ State MuseumPO Box 530 Trenton,NJ086250530	22-6098724	501(C)3	94,306	General / Program Support
(32) Friends of the Princeton Public Library65 Witherspoon Street Princeton,NJ08542	22-6059246	501(C)3	16,800	General / Program Support
(33) Greater Donnelly Neighborhood InitiativePO Box 83 Blawenburg,NJ085040083	26-2092308	501(C)3	12,000	General / Program Support
(34) Greater Princeton Youth OrchestraPO Box 3037 Princeton,NJ08543	51-0147091	501(C)3	11,000	General / Program Support
(35) Habitat for Humanity - Trenton Area601 North Clinton Avenue Trenton,NJ086383446	22-2736214	501(C)3	27,644	General / Program Support
(36) Historic Morven55 Stockton Street Princeton,NJ085406912	22-2817982	501(C)3	10,100	General / Program Support
(37) Historical Society of Princeton158 Nassau Street Princeton,NJ085427077	22-6074979	501(C)3	89,129	General / Program Support
(38) HiTOPS21 Wiggins Street Princeton,NJ08540	22-3486441	501(C)3	28,050	General / Program Support
(39) HomeFront1880 Princeton Avenue Lawrenceville,NJ086484408	22-3165145	501(C)3	118,410	General / Program Support
(40) Hopewell Harvest FairPO Box 421 Hopewell,NJ08525	22-3317200	501(C)3	9,000	General / Program Support
(41) Hopeworks 'N Camden543 State Street Camden,NJ08102	31-1660671	501(C)3	30,000	General / Program Support
(42) Housing & Community Develop Network of NJ145 West Hanover Street Trenton,NJ08618	22-2982197	501(C)3	35,000	General / Program Support
(43) Indian River Medical Center Foundation1000 36th Street Vero Beach,FL32960	59-0760215	501(C)3	30,000	General / Program Support
(44) Institute for Advanced StudyEinstein Drive Princeton,NJ08540	21-0634988	501(C)3	18,050	General / Program Support
(45) Institute of Wonderful Working Women for Empowerment120 John Street Princeton,NJ08540	20-8724195	501(C)3	21,200	General / Program Support
(46) Interfaith Caregivers of Greater Mercer County3635 Quakerbridge Road Hamilton,NJ08619	22-3312846	501(C)3	20,000	General / Program Support
(47) International 22q112 Deletion Syndrome Foundation IncPO Box 424 Matawan,NJ07747	36-4540878	501(C)3	8,000	General / Program Support
(48) Isles Inc10 Wood Street Trenton,NJ08618	22-2350832	501(C)3	54,300	General / Program Support
(49) Jewish Family & Children's Services of Greater Mercer County707 Alexander Road Suite 102 Princeton,NJ08540	21-0634563	501(C)3	20,500	General / Program Support
(50) KidsBridge4556 South Broad Street 2nd Floor Yardville,NJ08620	22-3438541	501(C)3	8,250	General / Program Support
(51) Latin American Legal Defense and Educational FundPO Box 80 Princeton,NJ08542	20-2484231	501(C)3	32,100	General / Program Support
(52) Martin House Community for Justice Foundation794 E State Street PO Box 1025 Trenton,NJ086061025	22-2936805	501(C)3	10,620	General / Program Support
(53) Mary Jacobs Memorial Library Foundation64 Washington Street Rocky Hill,NJ08553	23-7259480	501(C)3	9,900	General / Program Support
(54) McCarter Theatre91 University Place Princeton,NJ08540	21-0724198	501(C)3	43,200	General / Program Support
(55) Meals on Wheels of Trenton-Ewing180 Ewingville Road Trenton,NJ08618	22-1990231	501(C)3	15,000	General / Program Support
(56) Mercer Alliance to End HomelessnessCrossroads Corporate Center 3150 Brunswick Pike Suite 230 Lawrenceville,NJ086482420	20-1594569	501(C)3	29,200	General / Program Support
(57) Mercer County 4-H Advisory Council930 Spruce Street Trenton,NJ08648	22-6070229	501(C)3	6,060	General / Program Support
(58) Mercer Street Friends Center151 Mercer Street Trenton,NJ08611	21-0733990	501(C)3	29,100	General / Program Support
(59) Millhill Child & Family Development Corporation101 Oakland Street Trenton,NJ08618	22-2123700	501(C)3	22,450	General / Program Support
(60) Mount Vernon Ladies' AssociationPO Box 110 Mount Vernon,VA22121	54-0564701	501(C)3	25,000	General / Program Support
(61) NAACP Legal Defense & Educational Fund1 Millstone Court Cranbury,NJ08512	13-1655255	501(C)3	5,500	General / Program Support
(62) NAMI Mercer NJLawrence Commons 3371 Brunswick Pike Suite 124 Lawrenceville,NJ08648	22-2587453	501(C)3	20,100	General / Program Support
(63) Nassau Presbyterian Church61 Nassau Street Princeton,NJ08540	21-0634470	501(C)3	10,650	General / Program Support
(64) National Junior Tennis & Learning of Trenton439 South Broad Street - Suite 208 Trenton,NJ08611	52-1260470	501(C)3	16,000	General / Program Support
(65) New Hope-Solebury School District180 West Bridge Street New Hope,PA18938	23-1701447	501(C)3	64,561	General / Program Support
(66) New Jersey Agricultural SocietyFarmers Against Hunger PO Box 331 Trenton,NJ086250331	21-0634544	501(C)3	10,000	General / Program Support
(67) New Jersey Policy Perspective137 West Hanover Street Trenton,NJ086184823	22-3492715	501(C)3	38,350	General / Program Support
(68) New Jersey Press Foundation840 Bear Tavern Road Suite 305 West Trenton,NJ086281019	22-6071765	501(C)3	192,588	General / Program Support
(69) New York Foundation for the Arts20 Jay Street 7th Floor Brooklyn,NY11201	23-7129564	501(C)3	6,000	General / Program Support
(70) NJ SEEDS494 Broad Street Suite 105 Newark,NJ07102	22-3181507	501(C)3	11,000	General / Program Support
(71) NJ Symphony Orchestra60 Park Place 9th Floor Newark,NJ07102	22-1559422	501(C)3	10,000	General / Program Support
(72) Occidental College1600 Campus Road Los Angeles,CA900413314	95-1667177	501(C)3	25,000	General / Program Support
(73) Passage Theatre CompanyPO Box 967 Trenton,NJ08605	22-2679031	501(C)3	39,650	General / Program Support
(74) PEI Kids231 Lawrence Road Lawrenceville,NJ08648	22-2594219	501(C)3	42,500	General / Program Support
(75) People & Stories-Gente y Cuentos140 East Hanover Street Trenton,NJ08608	22-3260895	501(C)3	8,750	General / Program Support
(76) Pinelands Preservation Alliance17 Pemberton Road Southampton,NJ08088	52-1641512	501(C)3	45,000	General / Program Support
(77) Planned Parenthood Association of the Mercer Area437 East State Street Trenton,NJ08608	21-0723248	501(C)3	118,690	General / Program Support
(78) Princeton Center for Leadership Training911 Commons Way Princeton,NJ08540	22-2962532	501(C)3	45,000	General / Program Support
(79) Princeton Day SchoolPO Box 75 The Great Road Princeton,NJ08542	21-0727645	501(C)3	10,800	General / Program Support
(80) Princeton First Aid & Rescue Squad237 North Harrison Street PO Box 529 Princeton,NJ085420529	23-7140015	501(C)3	8,900	General / Program Support
(81) Princeton FuturePO Box 1172 Princeton,NJ08542	22-3756013	501(C)3	5,250	General / Program Support
(82) Princeton HealthCare System Foundation3626 US Highway 1 Princeton,NJ08540	22-2225911	501(C)3	62,717	General / Program Support
(83) Princeton Pro MusicaPO Box 1313 Princeton,NJ085421313	22-2317363	501(C)3	21,285	General / Program Support
(84) Princeton Recreation Department380 Witherspoon Street Princeton,NJ08540	21-6001037	501(C)3	50,500	General / Program Support
(85) Princeton Senior Resource CenterSuzanne Patterson Center 45 Stockton Street Princeton,NJ08540	22-2228083	501(C)3	27,150	General / Program Support
(86) Princeton Symphony OrchestraPO Box 250 Princeton,NJ08542	22-2327766	501(C)3	105,200	General / Program Support
(87) Princeton Theological SeminaryPO Box 821 Princeton,NJ085420803	21-0635010	501(C)3	6,000	General / Program Support
(88) Princeton University Office of Alumni and Donor RecordsPO Box 5357 Princeton,NJ085435357	21-0634501	501(C)3	25,005	General / Program Support
(89) Princeton-Blairstown Center350 Alexander Street Princeton,NJ08540	22-6075831	501(C)3	11,750	General / Program Support
(90) Project Healing WatersPO Box 695 La Plata,MD20646	61-1518154	501(C)3	18,000	General / Program Support
(91) Reed CollegeOffice of College Relations 3203 SE Woodstock Boulevard Portland,OR972028199	93-0386908	501(C)3	25,000	General / Program Support
(92) Rescue Mission of Trenton98 Carroll Street PO Box 790 Trenton,NJ086050790	21-0656182	501(C)3	16,000	General / Program Support
(93) Rider University2083 Lawrenceville Road Lawrenceville,NJ086483099	21-0650678	501(C)3	10,000	General / Program Support
(94) RISE-A Community Service Partnership116 North Main Street PO Box 88 Hightstown,NJ08520	22-2405087	501(C)3	25,000	General / Program Support
(95) Rutgers University FoundationWinants Hall - 7 College Avenue New Brunswick,NJ089011261	23-7318742	501(C)3	11,000	General / Program Support
(96) Saint Marks Church1625 Locust Street Philadelphia,PA19103	23-1583643	501(C)3	6,450	General / Program Support
(97) Shiloh Community Development Corporation340 S Howard Woodson Way Calhoun Street Trenton,NJ08618	12-3799161	501(C)3	20,000	General / Program Support
(98) Skete of Saint Maximos the ConfessorPO Box 356 Palmyra,VA22963	20-1555778	501(C)3	20,000	General / Program Support
(99) Solomon R Guggenheim FoundationGuggenheim Museum 1071 Fifth Avenue New York,NY101280173	13-5562233	501(C)3	10,000	General / Program Support
(100) Southern Methodist UniversityOffice of Development PO Box 750402 Dallas,TX752750402	75-0800689	501(C)3	10,000	General / Program Support
(101) Special Operations Warrior FoundationPO Box 13483 Tampa,FL336813483	52-1183585	501(C)3	6,250	General / Program Support
(102) Springfield Catholic Central High School Foundation1200 East High Street Springfield,OH45505	23-7252047	501(C)3	24,400	General / Program Support
(103) Stony Brook-Millstone Watershed Association31 Titus Mill Road Pennington,NJ085349946	21-0649717	501(C)3	59,433	General / Program Support
(104) Storytelling ArtsPO Box 995 Princeton Junction,NJ08550	22-3473712	501(C)3	10,000	General / Program Support
(105) Stuart Country Day School1200 Stuart Road Princeton,NJ085401297	53-0196617	501(C)3	13,230	General / Program Support
(106) Susan G Komen Breast Cancer Foundation2 Princess Road Suite D Lawrenceville,NJ08648	43-2052349	501(C)3	11,000	General / Program Support
(107) The New Jersey Historical Society52 Park Place Newark,NJ07102	22-1506302	501(C)3	10,000	General / Program Support
(108) Trenton Area Soup Kitchen72 Escher Street PO Box 872 Trenton,NJ08605	22-2392881	501(C)3	10,933	General / Program Support
(109) Trenton Children's Chorus61 Nassau Street Princeton,NJ08542	45-2633120	501(C)3	26,200	General / Program Support
(110) Trinity Church33 Mercer Street Princeton,NJ08540	21-0647707	501(C)3	7,000	General / Program Support
(111) Trinity Counseling Service22 Stockton Street Princeton,NJ08540	22-2185298	501(C)3	23,950	General / Program Support
(112) United Negro College Fund8260 Willow Oaks Corporate Drive Fairfax,VA220314511	13-1624241	501(C)3	11,000	General / Program Support
(113) University of Pennsylvania3451 Walnut Street - Room 433 Philadelphia,PA191046205	23-1352685	501(C)3	15,450	General / Program Support
(114) University of PittsburghDepartment of Athletics PO Box 7436 Pittsburgh,PA15213	25-0965591	501(C)3	262,000	General / Program Support
(115) Wellesley College106 Central Street Wellesley,MA024818203	04-2103637	501(C)3	33,953	General / Program Support
(116) Westminster Community Life Center1140 Greenwood Avenue Trenton,NJ086092115	27-5364537	501(C)3	18,680	General / Program Support
(117) Whale Trust300 Paani Place Paia,HI96779	91-2144632	501(C)3	15,000	General / Program Support
(118) Womanspace1530 Brunswick Avenue Lawrenceville,NJ08648	22-2172522	501(C)3	26,450	General / Program Support
(119) YMCA of Burlington County59 Centerton Road Mount Laurel,NJ08054	21-0634482	501(C)3	22,800	General / Program Support
(120) YMCA of Princeton59 Paul Robeson Place Princeton,NJ08540	21-0639890	501(C)3	8,261	General / Program Support
(121) Young Audiences of New Jersey200 Forrestal Road Princeton,NJ08540	23-7384991	501(C)3	25,150	General / Program Support
(122) Young Scholars Institute349 West State Street Trenton,NJ08618	22-3051022	501(C)3	18,400	General / Program Support
(123) Your ReSource Inc8 Industry Court Ewing,NJ08638	20-1019674	501(C)3	16,164	General / Program Support
(124) YWCA Princeton59 Paul Robeson Place Princeton,NJ08540	21-0635056	501(C)3	5,675	General / Program Support

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

124

Enter total number of other organizations listed in the line 1 table ......................... . Bullet Image

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2011

Page 2

Part III

Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.

(a)Type of grant or assistance	(b)Number of recipients	(c)Amount of cash grant	(d)Amount of non-cash assistance
(1) Education Scholarship	30	89,513	0
(2) Art Scholarship	13	7,000	0

Part IV

Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.

Identifier	Return Reference	Explanation
SchI_P01_S00_L02	Schedule I, Part I, Line 2	The Community Foundation requires grantees of competitively awarded grants to submit full written reports detailing programmatic achievements and financial updates six months and twelve months after the award is made. All grantees sign a contract which outlines all requirements before their grant check is delivered. Grants from donor-advised and designated funds are awarded after a thorough review of their IRS 990 tax returns, and in many cases, a review of their audited financial statements. Staff also review web sites, annual reports and newsletters to confirm the tax-exempt status and efficacy of each organization. The Community Foundation also visits many local grantees each year for face-to-face meetings and first-hand experience of funded programs. As a local grantmaker, the Community Foundation also has access to many informal sources of information from the local newspapers, to professional staff and board relationships with many organizations.

Schedule I (Form 990) 2011

Additional Data

Software ID:	11000129
Software Version:	v1.00

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet

Attach to Form 990. SchJMediumBullet

See separate instructions.

OMB No. 1545-0047

2011

Open to Public Inspection

Name of the organization

PRINCETON AREA COMMUNITY FOUNDATION INC

Employer identification number

52-1746234

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all the expenses described above? If "No," complete Part III to explain....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....

Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? ...............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........

Participate in, or receive payment from, an equity-based compensation arrangement? ........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.

For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 5a or 5b, describe in Part III.

For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 6a or 6b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................

If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990

Cat. No. 50053T

Schedule J (Form 990) 2011

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and column (E) for that individual.

(A) Name		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation reported as deferred in prior Form 990
(A) Name		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation reported as deferred in prior Form 990
(1) Ann W Kieling	(i) (ii)	152,744 0	0 0	0 0	9,270 0	12,314 0	174,328 0	0 0

Schedule J (Form 990) 2011

Page 3

Part III

Supplemental Information

Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.

Identifier	Return Reference	Explanation

Schedule J (Form 990) 2011

Additional Data

Software ID:	11000129
Software Version:	v1.00

- TIN:

SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

NonCash Contributions

Complete if the organization answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image

Attach to Form 990.

OMB No. 1545-0047

2011

Open to Public Inspection

Name of the organization

PRINCETON AREA COMMUNITY FOUNDATION INC

Employer identification number

52-1746234

Part I

Types of Property

	(a) Check if applicable	(b) Number of Contributions or items contributed	(c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining noncash contribution amounts
1 Art—Works of art ....	X	13	15,600	Market value
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..
5 Clothing and household goods .......
6 Cars and other vehicles ..
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .	X	45	2,292,099	Market value
10 Securities—Closely held stock .	X	2	104,463	Market value
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( )
26 Other ( )
27 Other ( )
28 Other ( )

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1-28 that it

must hold for at least three years from the date of the initial contribution, and which is not required to be used

for exempt purposes for the entire holding period? ..................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?

Yes

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? ............................

32a

If "Yes," describe in Part II.

If the organization did not report revenues in column (c) for a type of property for which column (a) is checked,

describe in Part II.

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51227J

Schedule M (Form 990) 2011

Page 2

Part II

Supplemental Information. Complete this part to provide the information required by Part I, lines 30b,
32b, and 33 and whether the organization is reporting in Part I, column (b) the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.

Identifier	Return Reference	Explanation

Schedule M (Form 990) 2011

Additional Data

Software ID:	11000129
Software Version:	v1.00

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.

OMB No. 1545-0047

2011

Open to Public
Inspection

Name of the organization

PRINCETON AREA COMMUNITY FOUNDATION INC

Employer identification number

52-1746234

Identifier	Return Reference	Explanation
F990_P05_S00_L01c	Form 990, Part V, Line 1c	The Community Foundation complied with backup withholding rules for reportable payments to vendors as the organization did not have any vendors that failed to furnish its taxpayer identification number (TIN) to us, and we were not notified by the IRS to impose backup withholding because a payee furnished an incorrect TIN.
F990_P06_S0A_L01a	Form 990, Part VI, Section A, Line 1a	The Community Foundation's Executive Committee is made up the officers of the Foundation, members of various standing committees of the Board and other trustees who serve at the Chair's invitation and legal counsel who is not a trustee. The president serves as an ex officio member. The Executive Committee is authorized to act on behalf of the Board between meetings. Its actions are recorded in the Minutes of the Committee, and promptly reported to the full Board.
F990_P06_S0B_L11b	Form 990, Part VI, Section B, Line 11b	The Community Foundation's Form 990 is prepared and reviewed by the Chief Financial Officer. The Form is then fully examined by the President who suggests necessary revisions. The Form 990, with names redacted from Schedule B to honor the wishes of anonymous donors, is subsequently distributed to the Foundation's Executive Committee and Audit Committees for further review. It is concurrently reviewed by an independent CPA firm. The completed draft Form 990, with the redacted version of Schedule B, is distributed once again to the Executive Committee and Audit Committees for final approval; and distributed to all trustees prior to being filed with the IRS.
F990_P06_S0B_L12c	Form 990, Part VI, Section B, Line 12c	The Community Foundation has a written conflict of interest policy which has been approved by the Board and requires all employees, officers, trustees and volunteers to complete and sign a conflict of interest disclosure form annually. All completed forms are reviewed by the President for accuracy and reasonableness. The President retains a summary of findings. All employees, officers, trustees and volunteers are required to disclose any additional conflicts which arise during the year and a written record of any such changes are added to the active file. Identified conflicts are noted at all meetings of the Board and its committees and in the Minutes. Any officer, trustee, staff member, or volunteer with a conflict leaves the room for the duration of the relevant discussion and recuses him/herself from any vote in which they have a conflict of interest in accordance with the conflict of interest policy.
F990_P06_S0B_L15	Form 990, Part VI, Section B, Line 15	The Community Foundation has a Board-approved Compensation Policy which guides its decisions. The Executive Committee of the Board of Trustees, which is comprised of independent Board members who do not have a conflict of interest, acts as a Personnel and Compensation Committee and sets annual compensation for the President, Executive Vice President and Chief Financial Officer. The Executive Committee performs an annual review of the President's performance against objectives and metrics agreed to at the beginning of the fiscal year and solicits feedback from all trustees. The President reviews the performance of all other staff. Committee minutes document the actions of the Executive Committee in all personnel and compensation matters; and the Committee's decisions are reported to the full Board. In setting compensation, the Executive Committee annually reviews comparability data from the Council on Foundations for community foundations of similar size; and compensation for similar positions in the local central New Jersey marketplace, the Form 990's of other nonprofit organizations and Form 990-PF for private foundations are also consulted for information.
F990_P06_S0C_L19	Form 990, Part VI, Section C, Line 19	The Community Foundation makes its conflict of interest policy, audited financial statements, and IRS Form 990 available to the public via its website and upon request. Its governing documents and Form 1023 are available to the public upon request.
F990_P11_S00_L05	Form 990, Part XI, Line 5	The amount on this line consists of unrealized losses. The amount on this line consists of unrealized losses of ($1,261,818) and the change in value of split interest agreements of ($32,345) for a total adjustment of ($1,294,163).

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2011

Additional Data

Software ID:	11000129
Software Version:	v1.00

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926 (see instructions for Form 926).................	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If " Yes," the organization may be required to file Form 3520 and/or Form 3520-A. (see instructions for Forms 3520 and 3520-A)..........	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with respect to Certain Foreign Corporations. (see instructions for Form 5471)..............................	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621, Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see instructions for Form 8621)	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with respect to Certain Foreign Partnerships. (see instructions for Form 8865)....................................	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see instructions for Form 5713)................................................	Yes	No