The Board of Trustees of the Princeton Area Community Foundation has named Carol P. Herring as the new chair. Herring succeeds Trustee David R. Scott, retired General Counsel of Rutgers University, who will remain on the Board after three years at the helm. The Community Foundation’s Board of Trustees has appointed two new members who are known throughout greater Mercer County for their extensive public service: Marguerite Mount and John Hatch.
“The Community Foundation is grateful to David for his longtime and loyal service to the organization,” said Jeffrey Vega, the Community Foundation’s President & CEO.” He has been on the Board since its founding in 1991, and has served on every committee. I am grateful that David will continue his service with the Community Foundation.”
Under David’s leadership as Chair, the organization saw its assets grow over the $100 million mark and began awarding over $1 million in grants annually through its Greater Mercer Grants.
Carol Herring, the new Board chair, has served as the Community Foundation’s Board Vice Chair for the past two years, as well as a member of its Asset Building Committee and Grants and Programs Committee.
Vega said “Carol has used her considerable experience and skills in development to help the organization increase its assets and grant making impact.” Herring’s fundraising career includes being the President of the Rutgers University Foundation, and Executive Vice President of Development & Alumni Affairs at Rutgers University. She has also held successful leadership positions with the Asia Society in New York, Barnard College and Princeton University over the past 30 years. As the Asia Society’s vice president for external affairs, she was responsible for a development operation that raised 90% of the nonprofit educational organization’s budget. While at Barnard from 1990 to 2000, Herring managed a capital campaign that exceeded its goal by 60%, raising $162 million. She also revitalized and expanded alumnae programming and development communications. At Princeton, where she worked from 1975 to 1990, she served first as assistant to the president for special projects and then as director of leadership gifts. Herring also serves as a Trustee of the Princeton Day School and the Trenton Children’s Chorus. A graduate of Wellesley College, Herring lives in Princeton with her husband, a physical oceanographer. They have three grown children.
Vega also expressed the Community Foundation’s gratitude to the new trustees, Marguerite Mount and John Hatch. “Throughout their professional and volunteer careers, Marguerite and John have both exhibited a breadth of knowledge of our community and a strong commitment to improving our neighborhoods that will serve us well as we follow through on our initiatives.”
New trustee, Marguerite Mount, the leader of Princeton-based Mercadien P.C. Certified Public Accountant’s Individual Services Group, provides strategic business, tax and estate planning advice. A former Community Foundation trustee who during her prior tenure held several leadership roles including serving as treasurer of the organization and chair of the Asset Building Committee. Mount is also a prior honoree of the organization’s Professional Advisory Recognition Society. A former chair of the board of the American Red Cross, the Bordentown native has received much recognition for her community service including awards from the YWCA of Trenton, the American Red Cross, the Burlington County Board of Chosen Freeholders and the Girl Scouts of Delaware-Raritan.
John Hatch is an architect and partner with Clarke Caton Hintz, an architecture, planning and landscape architecture firm in Trenton, and has more than 25 years of experience designing architecturally significant buildings in the local community and across the region. His wide body of work includes the restoration of Morven, the former governor’s mansion in Princeton, as well as the Roebling Complex in Trenton, the Trenton Masonic Temple and the Trenton Makes Art Complex. All of his projects address issues of context, civic life and sustainability. In addition to his design work, Hatch writes and lectures about such topics as historic preservation, sustainability and urban redevelopment. Hatch serves on the Trenton Landmarks Commission, as well as on the boards of Passage Theatre and the New Jersey Capital Philharmonic in Trenton, and the New Jersey Historic Trust.
Three long-serving and active Board members have finished their terms of service. Richard Bilotti, former President & Publisher of the Trenton Times, Samuel Lambert III of the Curtis McGraw Foundation and John (Jay) Watson, Vice President of the D&R Greenway Land Trust are leaving the Board after their tenure of service.
The Princeton Area Community Foundation promotes philanthropy and builds community across Mercer County and central New Jersey. It provides charitable giving expertise to individuals, nonprofits and corporations, and makes grants to nonprofit organizations. Since its founding in 1991, the Community Foundation has built an endowment of $105 million and granted more than $55 million back into the community.