The synthesis and crystal structure of an Anderson POM functionalized with two 2,6-di(pyrazol-1-yl)-pyridine(1-bpp) ligands are reported (compound 1). High-frequency electron paramagnetic resonance (HF-EPR) and magnetic measurements show that it presents a significant negative axial zero-field splitting and field-induced slow relaxation of magnetization due to the presence of isolated Mn-III anisotropic magnetic ions. Complexation of 1 with Fe-II gives rise to a 2D cationic network formed by Anderson POMs coordinated to two Fe-II ions through the two tridentate 1-bpp ligands and to other two Fe-II ions through two oxo ligands in compound 2, and to an anionic polymeric network formed by Anderson POMs coordinated through the 1-bpp ligands to two Fe-II, which are coordinated to two 1-bpp ligands from two neighbouring POMs, in compound 3. The crystal structure of 2 has been solved. Magnetic properties show that the Fe-II atoms of 3 remain in the low-spin state, while those of 2 remain in the high-spin state due to coordination to oxygen atoms from a neighbouring POM and dimethylformamide and water solvent molecules. Irradiation of 3 at 10 K with green light induces a spincrossover (LIESST effect) with a small but significant photoconversion (similar to 8%). Finally, AC susceptibility measurements of 2, 3 and (C16H36N)(3)[MnMo6O18{(OCH2)(3)CNH2}(2)] (4) confirm field-induced slow relaxation of magnetization of Mn-III Anderson POMs.