The very first community foundation was created in 1914 in Cleveland, Ohio. According to the Council on Foundations, today there are over 700 community foundations in the United States, which administer more than $31 billion in charitable funds.
The Princeton Area Community Foundation was created by a small group of individuals with a vision and a desire to improve the Mercer County region. They recognized the ingenuity of the community foundation model: a public charity serving this community, investing in and planning for the future.
In the past 20 years, nearly 13,000 individuals have contributed to the Princeton Area Community Foundation. We’ve made over 7,600 grants to 1,175 organizations, adding up to $38 million. And today the Community Foundation manages charitable funds totaling $75 million—a resource that is addressing critical needs today while providing for an uncertain future.
Below is a slideshow depicting some of the historic moments and key friends and colleagues who have helped to bring the Community Foundation to this milestone.