The PSEG Foundation today celebrates awarding $1,040,300 to 301 community organizations, more than a dozen of which are Long Island nonprofits. Grants range from $500 to $21,000 for eligible 501(c)(3) organizations, many of which are supported by PSE&G and PSEG Long Island employee-volunteers year-round. The PSEG Foundation, a separate legal entity from PSEG, is a 501(c)(3) organization.
The funding responds to a record number of applications for the annual Neighborhood Partners Program (NPP) and nearly doubles the number of organizations awarded funding since 2020. Founded in 2014, the NPP provides grant funding for organizations based on demonstrated program effectiveness, depth, and overall alignment with the PSEG Foundation’s strategic pillars: environmental sustainability, social justice, and equity and economic empowerment.
This year, more than 85% of the grant funds were distributed to organizations committed to fostering equity in underserved communities and serving primary school-aged children and youth. Of the 301 organizations, a total of $334,500 in grants was awarded to 95 nonprofits supporting STEM programs; with more than 40% of funds awarded to workforce development and K-12 educational enrichment programs. Additionally, nearly 30 nonprofits were awarded funding to preserve New Jersey’s environmental footprint and conservation efforts, a growing priority for the NPP.
“Through the NPP, we continue to partner with organizations dedicated to creating people-centered solutions that positively impact and uplift local and underserved communities,” said Calvin Ledford Jr., president, PSEG Foundation and director, Corporate Social Responsibility. “To realize the world we all aspire to, we must invest, support and nourish organizations centered on fostering more inclusive, sustainable and equitable communities for all. We extend our heartfelt gratitude to the hardworking individuals doing the difficult but very necessary work to improve lives. Your efforts are truly appreciated and celebrated. Congratulations to all 301 awardees, and here’s to a bright 2024!”
“Reflecting on the Neighborhood Partners Program, we are deeply humbled by the progress this past season. We excitedly welcome the rapidly growing interest and celebrate NPP’s demonstrable impact across the region,” said Maria Spina, manager, PSEG Foundation. “As we approach the program’s tenth anniversary next year—a milestone we hope will be the first of many—we remain dedicated to championing equity for those who need it most. NPP exemplifies an achievable roadmap for creating more inclusive and equitable communities.”
The full list of the PSEG Foundation’s Awardees is available here. For more information about the Foundation and its programs, please visit PSEG Foundation’s website at corporate.pseg.com/corporatecitizenship/psegfoundation.
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