With more organizations tackling environmental sustainability, social justice, equity and economic empowerment, the PSEG Foundation announced it is committed to funding more than 200 nonprofit organizations that have an impact in communities in New Jersey and Long Island, New York.
Over the past five years, the PSEG Foundation has awarded more than $40 million in grants through various programs, including strategic partnerships, the Neighborhood Partners Program and a robust employee matching gift program to help organizations that support thousands of individuals and families across the region.
“It is a privilege for the PSEG Foundation to support and celebrate the work of these organizations, whose generosity serve the needs of millions of people in the communities we serve in New Jersey and Long Island,” Senior Vice President for Corporate Citizenship and PSEG Foundation Chairperson Rick Thigpen said. “Our new strategic pillars represent the true essence of the PSEG Foundation’s support of underserved communities.”
Most recently, the PSEG Foundation awarded nearly $1.8 million in grants to Montclair State University Foundation for its Green Teams program; Foundation for NJIT for a number of programs, including scholarships; American Red Cross for the Home Fire Campaign; New Jersey Hall of Fame for educational programming; and Community FoodBank of New Jersey for its Recovery Challenge Initiative.
This is in addition to its regular support for the Arbor Day Foundation, Greater Newark Habitat for Humanity, Hampton University, Howard University, North Carolina A&T, Rutgers University, Stevens Institute of Technology, Stony Brook University, Sustainable Jersey, the Nature Conservancy, the New Jersey Institute for Social Justice, UNCF and many more critically important organizations.
“The pandemic revealed many inequalities and inequities facing our communities,” PSEG Foundation President Calvin Ledford Jr. said. “For that reason, the PSEG Foundation has allocated $1 million to our Neighborhood Partners Program to support nonprofits working at a grassroots level. Through the Neighborhood Partners Program, the PSEG Foundation supports nonprofits that are addressing the social determinants of health, food insecurity, social and environmental justice, and other issues. The PSEG Foundation is committed to helping build sustainable and thriving communities by empowering and investing in the many diverse communities we are honored to serve.”