The following summary business plan presentation was made to the Mendham Township Committee on September 8, 2015 by the Friends of Pitney Farm. Our comprehensive business plan and 5-year budget, detailing a financially sustainable operation, has been developed and will be available on this web site. Through our plan, the asset value of Pitney Farm — still owned by Mendham Township — will continually increase as the Friends restore and renovate the property year after year. The community will have the use and enjoyment of Pitney Farm without adding further to the taxpayer’s burden.
If allowed to lease the Pitney Farm property from Mendham Township, the Friends of Pitney Farm, a 501(c)(3) nonprofit corporation, will preserve and adapt Pitney Farm to meet the arts and educational needs of the community. The Pitney farmstead exemplifies 300 years of New Jersey history. It has changed with each generation, progressing from subsistence agriculture, through light industry, to specialized agriculture and country home. Our plan — to transform Pitney Farm from an historic farmstead and private residence into a “Gathering Place for our Community” — represents the next step in its evolution. Our vision preserves this community’s historic heritage while repurposing this priceless remnant of our past to meet the needs of this and future generations. Continue reading