Civic Intelligence

Founding Fathers Papers Inc

EIN 22-2365602 • 501(c)3 • Princeton, NJ

701 Carnegie Center 445Princeton, NJ 08540
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

1st percentile

-814%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$415,600

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 571.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

6th percentile

-33%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-25%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,221,402

Down $591,852 (-33%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$1,221,402

Down $591,852 (-33%) from 2023

Revenue

Down

$72,681

Down $24,794 (-25%) from 2023

Expenses

Up

$664,533

Up $15,000 (+2.3%) from 2023

Net Income

Down

-$591,852

Down $39,794 (-7.2%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $642,563Liabilities 2010: $4,000Net Assets 2010: $638,5632010Assets 2011: $244,134Liabilities 2011: $6,000Net Assets 2011: $238,1342011Assets 2012: $652,547Liabilities 2012: $0Net Assets 2012: $652,5472012Assets 2013: $956,006Liabilities 2013: $2,000Net Assets 2013: $954,0062013Assets 2014: $785,136Liabilities 2014: $0Net Assets 2014: $785,1362014Assets 2015: $767,836Liabilities 2015: $0Net Assets 2015: $767,8362015Assets 2016: $736,269Liabilities 2016: $0Net Assets 2016: $736,2692016Assets 2017: $503,678Liabilities 2017: $0Net Assets 2017: $503,6782017Assets 2018: $477,359Liabilities 2018: $2,000Net Assets 2018: $475,3592018Assets 2019: $431,389Liabilities 2019: $0Net Assets 2019: $431,3892019Assets 2020: $399,667Liabilities 2020: $2,000Net Assets 2020: $397,6672020Assets 2021: $373,742Liabilities 2021: $4,000Net Assets 2021: $369,7422021Assets 2022: $2,367,312Liabilities 2022: $2,000Net Assets 2022: $2,365,3122022Assets 2023: $1,813,254Liabilities 2023: $0Net Assets 2023: $1,813,2542023Assets 2024: $1,221,402Liabilities 2024: $0Net Assets 2024: $1,221,4022024

Highlighted filing

2024

Assets$1,221,402
Liabilities$0
Net Assets$1,221,402

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,523,985Expenses 2010: $1,497,861Net Income 2010: $26,1242010Revenue 2011: $1,591,895Expenses 2011: $1,992,324Net Income 2011: -$400,4292011Revenue 2012: $1,639,535Expenses 2012: $1,224,464Net Income 2012: $415,0712012Revenue 2013: $2,137,241Expenses 2013: $1,835,799Net Income 2013: $301,4422013Revenue 2014: $1,120,180Expenses 2014: $1,289,050Net Income 2014: -$168,8702014Revenue 2015: $1,085,198Expenses 2015: $1,104,498Net Income 2015: -$19,3002015Revenue 2016: $1,024,509Expenses 2016: $1,056,076Net Income 2016: -$31,5672016Revenue 2017: $957,529Expenses 2017: $1,190,120Net Income 2017: -$232,5912017Revenue 2018: $895,278Expenses 2018: $923,597Net Income 2018: -$28,3192018Revenue 2019: $798,056Expenses 2019: $842,026Net Income 2019: -$43,9702019Revenue 2020: $725,810Expenses 2020: $759,532Net Income 2020: -$33,7222020Revenue 2021: $673,107Expenses 2021: $701,032Net Income 2021: -$27,9252021Revenue 2022: $2,656,602Expenses 2022: $661,032Net Income 2022: $1,995,5702022Revenue 2023: $97,475Expenses 2023: $649,533Net Income 2023: -$552,0582023Revenue 2024: $72,681Expenses 2024: $664,533Net Income 2024: -$591,8522024

Highlighted filing

2024

Revenue$72,681
Expenses$664,533
Net Income-$591,852

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$0.07$0.66$0.59
2023Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$0.10$0.65$0.55
2022Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$2.66$0.66$2.00
2021Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.67$0.70$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.73$0.76$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.80$0.84$0.04
2018Summary only. Only limited summary data is available for this year.$0.48$0.00$0.48$0.90$0.92$0.03
2017Summary only. Only limited summary data is available for this year.$0.50$0.00$0.50$0.96$1.19$0.23
2016Summary only. Only limited summary data is available for this year.$0.74$0.00$0.74$1.02$1.06$0.03
2015Summary only. Only limited summary data is available for this year.$0.77$0.00$0.77$1.09$1.10$0.02
2014Summary only. Only limited summary data is available for this year.$0.79$0.00$0.79$1.12$1.29$0.17
2013Summary only. Only limited summary data is available for this year.$0.96$0.00$0.95$2.14$1.84$0.30
2012Summary only. Only limited summary data is available for this year.$0.65$0.00$0.65$1.64$1.22$0.42
2011Summary only. Only limited summary data is available for this year.$0.24$0.01$0.24$1.59$1.99$0.40
2010Summary only. Only limited summary data is available for this year.$0.64$0.00$0.64$1.52$1.50$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$72,681
Mission and Program Overview

Mission

See Schedule O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$1,813,254$1,221,402▼ $591,852
Savings and Temporary Cash Investments$1,734,981$1,161,713▼ $573,268
Cash and Non-Interest-Bearing Accounts$29,249$27,216▼ $2,033
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,813,254$1,221,402▼ $591,852
Other Assets Total$49,024$32,473▼ $16,551
Liabilities
Accounts Payable and Accrued Expenses$0--
Other Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,813,254$1,221,402▼ $591,852
Total Liabilities and Net Assets / Fund Balance$1,813,254$1,221,402▼ $591,852
Compensation and Service Providers

Employees

NameTitleOtherTotal
Alan S TaylorTrustee through 5/30/24$138,452$138,452

Board Members and Trustees

NameTitle
Robert S WilentzChairman, Trustee
Hiller B ZobelSecretary, Trustee
Joanne B FreemanTreasurer, Trustee
John C Van HorneTrustee
Eric A BrandtTrustee as of 10/10/24
Jane KamenskyTrustee as of 8/13/24
Frank CoglianoTrustee through 6/30/24
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$72,681
Other Revenue
$0
Change in Net Assets
$-591,852
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$662,500
Other Expenses$2,033
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$662,500--$662,500
Fees for Services Management-$2,033-$2,033
Total Functional Expenses$662,500$2,033$0$664,533
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of VirginiaCharlottesville, VA501(c)(3)Research & Publication$366,500
Massachusetts Historical SocietyBoston, MA501(c)(3)Research & Publication$202,500
Trustees of Princeton UniversityPrinceton, NJ501(c)(3)Research & Publication$49,250
Yale UniversityNew Haven, CT501(c)(3)Research & Publication$44,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Founding Fathers Papers current Board consists of six Trustees. The officers shall be elected by majority vote at the annual meeting of the Board of Trustees and shall hold office until the next annual meeting or until their successors are elected. The officers may be any individuals, including but not limited to Trustees and editors of the Founding Fathers Editorial Projects, whom the Board determines are qualified to serve in such roles. Any individual may serve in multiple officer roles, provided that such individual may not authorize any action of the Corporation in more than one capacity.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The Form 990 is prepared and reviewed by the Trustees of Princeton University's Office of Finance and Treasury. Prior to filing the tax return, a copy of the complete Form 990 is electronically sent to each member of the governing body allowing time for additional review.

Form 990, Part VI, Line 19 Required documents available to the public

The organization complies with all public disclosure laws. All public information is available upon request.

Form 990, Part VII, Section A, Line 1A, Column (B) AVERAGE HOURS PER WEEK (RELATED ORGANIZATIONS)

The Officers and Trustees of the Founding Fathers Papers, Inc. are employed by Massachusetts Historical Society, Yale University, University of Virginia and the Trustees of Princeton University, related organizations. Average hours worked by these individuals are primarily devoted to the related organizations which they represent.

Filing and Contact Details

Filer

Filer Name
Founding Fathers Papers Inc
EIN
22-2365602
Phone
6092583080
Address
701 Carnegie Center 445, Princeton, NJ 08540

Signing Officer

Name
Kenneth Molinaro
Title
Controller
Phone
6092583080
Signed
2025-11-17

Organization Details

Formed
1981
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
3
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1 Organization'S Mission

Founding Fathers Paper's purpose is to perform the functions of and carry out the purposes of the Founding Fathers Editorial Projects, primarily by supporting and facilitating the publication of the papers of J. Adams, B. Franklin, T. Jefferson, J. Madison, and G. Washington.

Form 990, Part III, Line 4A-4C Description of program services

(Expenses $ 49,250 including grants of $ 49,250) Jefferson Papers - preparing the authoritative and comprehensive edition of the correspondence and papers of our nation's third president. Jefferson's letters are the largest component of the more than 70,000 documents that have been assembled as photocopies from over 900 repositories and private collections worldwide. Careful research and collaborative scholarship produced the first volume, which set new standards for the organization and editorial presentation of historical documents. Forty-four volumes in the chronological series have been published to date. Today, through ongoing chronological and topical publication of the volumes as well as new digital access and multifaceted outreach efforts, this important correspondence in our nation's documentary heritage is made widely available.

Form 990, Part III, Line 4A-4C Description of program services

(Expenses $ 44,250 including grants of $ 44,250) Benjamin Franklin - The Project is a collaborative undertaking by a team of scholars at Yale University to collect, edit and publish the writings and papers of one of America's most remarkable founding fathers and indeed one of the most extraordinary people this nation has ever produced. His ever-curious and inventive mind explored nearly every aspect of his world, both pragmatic and theoretical, and he corresponded with an astonishing range of men and women of all classes and nearly all professions in America, Great Britain, and Europe. In a life spanning from 1706-1790, his collected papers present a panoramic view of the eighteenth century.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy2Grp/Desc0Adams Papers - the project was founded to prepare a comprehensive published edition of the manuscripts written and received by the family of John Adams of Quincy, Massachusetts. The Adams Family Papers manuscript collection at the Massachusetts Historical Society forms the nucleus of the project. In addition, the editors have gathered over 27,000 copies of Adams items from hundreds of libraries, institutions, and individuals in the United States and abroad. The project's cutoff date is 1889, the year Abigail Brooks Adams died. The editors do not edit the Adams's words; rather they continue the search for Adams documents, select the material to be included in the edition, provide a faithful transcription of the manuscripts, and supply annotation. To date, 46 volumes have been published by Harvard University Press.
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IRS990/ProgSrvcAccomActy3Grp/Desc0James Madison - The project was established to publish annotated volumes of the correspondence and writings of James Madison, the Virginia statesman most often remembered for his public service as "Father of the Constitution as fourth president of the United States. The published volumes provide accurate texts of Madison's incoming and outgoing correspondence, informative notes on textual and subject matters, and comprehensive indexes. They are incomparably rich sources for students of Madison's life and valuable research tools for those interested in the general history of the period in which Madison lived (1751-1836).
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Jefferson Papers - preparing the authoritative and comprehensive edition of the correspondence and papers of our nation's third president. Jefferson's letters are the largest component of the more than 70,000 documents that have been assembled as photocopies from over 900 repositories and private collections worldwide. Careful research and collaborative scholarship produced the first volume, which set new standards for the organization and editorial presentation of historical documents. Forty-four volumes in the chronological series have been published to date. Today, through ongoing chronological and topical publication of the volumes as well as new digital access and multifaceted outreach efforts, this important correspondence in our nation's documentary heritage is made widely available.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Benjamin Franklin - The Project is a collaborative undertaking by a team of scholars at Yale University to collect, edit and publish the writings and papers of one of America's most remarkable founding fathers and indeed one of the most extraordinary people this nation has ever produced. His ever-curious and inventive mind explored nearly every aspect of his world, both pragmatic and theoretical, and he corresponded with an astonishing range of men and women of all classes and nearly all professions in America, Great Britain, and Europe. In a life spanning from 1706-1790, his collected papers present a panoramic view of the eighteenth century.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Founding Fathers Papers, Inc. performs the functions of and carries out the purposes of the Founding Fathers Editorial Projects, primarily by supporting and facilitating the publication of the papers of J. Adams, B. Franklin, T. Jefferson, J. Madison, and G. Washington. Each project performs careful research and collaborative scholarship in analyzing and editing hundreds of thousands of historical documents with the goal of ongoing chronological and topical publication of the volumes as well as new digital access and multifaceted outreach efforts, resulting in making this important correspondence in our nation's documentary heritage widely available.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Founding Fathers Paper's purpose is to perform the functions of and carry out the purposes of the Founding Fathers Editorial Projects, primarily by supporting and facilitating the publication of the papers of J. Adams, B. Franklin, T. Jefferson, J. Madison, and G. Washington.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1(Expenses $ 49,250 including grants of $ 49,250) Jefferson Papers - preparing the authoritative and comprehensive edition of the correspondence and papers of our nation's third president. Jefferson's letters are the largest component of the more than 70,000 documents that have been assembled as photocopies from over 900 repositories and private collections worldwide. Careful research and collaborative scholarship produced the first volume, which set new standards for the organization and editorial presentation of historical documents. Forty-four volumes in the chronological series have been published to date. Today, through ongoing chronological and topical publication of the volumes as well as new digital access and multifaceted outreach efforts, this important correspondence in our nation's documentary heritage is made widely available.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2(Expenses $ 44,250 including grants of $ 44,250) Benjamin Franklin - The Project is a collaborative undertaking by a team of scholars at Yale University to collect, edit and publish the writings and papers of one of America's most remarkable founding fathers and indeed one of the most extraordinary people this nation has ever produced. His ever-curious and inventive mind explored nearly every aspect of his world, both pragmatic and theoretical, and he corresponded with an astonishing range of men and women of all classes and nearly all professions in America, Great Britain, and Europe. In a life spanning from 1706-1790, his collected papers present a panoramic view of the eighteenth century.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Founding Fathers Papers current Board consists of six Trustees. The officers shall be elected by majority vote at the annual meeting of the Board of Trustees and shall hold office until the next annual meeting or until their successors are elected. The officers may be any individuals, including but not limited to Trustees and editors of the Founding Fathers Editorial Projects, whom the Board determines are qualified to serve in such roles. Any individual may serve in multiple officer roles, provided that such individual may not authorize any action of the Corporation in more than one capacity.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Form 990 is prepared and reviewed by the Trustees of Princeton University's Office of Finance and Treasury. Prior to filing the tax return, a copy of the complete Form 990 is electronically sent to each member of the governing body allowing time for additional review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization complies with all public disclosure laws. All public information is available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Officers and Trustees of the Founding Fathers Papers, Inc. are employed by Massachusetts Historical Society, Yale University, University of Virginia and the Trustees of Princeton University, related organizations. Average hours worked by these individuals are primarily devoted to the related organizations which they represent.
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