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PRINCETON PROSPECT FOUNDATION

EIN 22-6075964 PRINCETON, NJ

Browse the largest nonprofits in New Jersey

Revenue 2024
$2,945,885
Expenses 2024
$2,538,800

Program services were 98.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B43I
Classification
1200
Street
PO BOX 15

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO FACILITATE THE HISTORIC PRESERVATION OF PRINCETON EATING CLUBS AND TO FURTHER THE EDUCATION OF STUDENTS BELONGING TO THE CLUBS.

Activities or mission (Part I)

TO FACILITATE THE HISTORIC PRESERVATION OF PRINCETON EATING CLUBS.

  • THE ORGANIZATION'S PURPOSES ARE (A) TO FACILITATE THE PRESERVATION AND RESTORATION OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT BUILDINGS OWNED AND OCCUPIED BY PRINCETON UNIVERSITY EATING CLUBS AND TO EDUCATE THE GENERAL PUBLIC ABOUT THE HISTORY AND ARCHITECTURE OF THE BUILDINGS AND (B) TO FURTHER THE EDUCATION OF STUDENTS BELONGING TO THE CLUBS.

    Expenses $2,491,130 · Grants $2,490,490

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Timothy Burman

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Graham Harrison

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Andrea Rabitz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lexy Sarstedt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Bill Golden

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Valarie Bay

    COMPTROLLER

    Total calculated
    $7,200
    From this org
    $7,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    5
  • Karl Pettit

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Doug Rubin

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Corbin Miller

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Adi Rajagopalan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $2,945,885
    Expenses
    $2,538,800
    Contributions
    $2,593,989
    Grants paid
    $2,490,490
  • 2023
    Revenue
    $4,554,362
    Expenses
    $1,118,871
    Contributions
    $4,374,134
    Grants paid
    $1,066,860
  • 2022
    Revenue
    $2,482,323
    Expenses
    $194,637
    Contributions
    $2,421,320
    Grants paid
    $158,625

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $864,854
    Expenses
    $393,047
    Assets (EOY)
    $3,019,390
  • 2020 · 990

    Revenue
    $521,421
    Expenses
    $687,666
    Assets (EOY)
    $2,842,393
  • 2019 · 990

    Revenue
    $645,844
    Expenses
    $969,570
    Assets (EOY)
    $2,678,610
  • 2018 · 990

    Revenue
    $1,270,407
    Expenses
    $1,700,518
    Assets (EOY)
    $3,025,235
  • 2017 · 990

    Revenue
    $1,192,147
    Expenses
    $320,983
    Assets (EOY)
    $3,400,611
  • 2016 · 990

    Revenue
    $903,293
    Expenses
    $395,583
    Assets (EOY)
    $2,525,232
  • 2015 · 990

    Revenue
    $811,845
    Expenses
    $952,828
    Assets (EOY)
    $1,938,497
  • 2014 · 990

    Revenue
    $511,581
    Expenses
    $724,823
    Assets (EOY)
    $2,107,884
  • 2013 · 990

    Revenue
    $496,581
    Expenses
    $165,014
    Assets (EOY)
    $2,349,781
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $376,110
    Assets (EOY)
    $1,977,181

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.