Pseg Foundation Inc. | Granted Foundation Directory | Granted AI
NEWARK, NJ
Pseg Foundation Inc. Quick Facts
EIN 223125880
Location NEWARK, NJ
Category General
Total Assets $29.6M
Annual Income $1.7M
IRS Ruling Year 1991
Organization Type Non-Operating Foundation
Principal Officer % Lynn Ukejianya
Tax Deductibility Contributions are deductible
About This Foundation Pseg Foundation Inc. is a private corporation based in NEWARK, NJ. The foundation received its IRS ruling in 1991. The principal officer is % Lynn Ukejianya. It holds total assets of $29.6M. Annual income is reported at $1.7M. According to available records, Pseg Foundation Inc. has made 768 grants totaling $11.1M, with a median grant of $3K. Individual grants have ranged from $250 to $525K, with an average award of $16K. The foundation has supported 364 unique organizations. The foundation primarily supports organizations in New Jersey, New York, District of Columbia, which account for 96% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Application Information
Deadline 10 31
Restrictions as outlined on the form and website Frequently Asked Questions What does Pseg Foundation Inc. fund? Pseg Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 768 grants. Its grantmaking reaches organizations primarily in NJ, NY, DC.
How much does Pseg Foundation Inc. give in grants? Pseg Foundation Inc. has distributed a total of $11.1M across 768 grants. The median grant size is $3K, with an average of $16K. Individual grants have ranged from $250 to $525K.
How do I apply for a grant from Pseg Foundation Inc.? The application deadline is 10 31. as outlined on the form and website.
Where is Pseg Foundation Inc. located? Pseg Foundation Inc. is headquartered in NEWARK, NJ. While based in NJ, the foundation distributes grants to organizations across 8 states.
990 Tax Filings Year Return Type PDF 2023 990PF 2022 990PF 2021 990PF 2020 990PF
Financial Overview Total Giving
$9.2M
2023 +41%
Fair Market Value
$37M
2023
Net Investment Income
$2.2M
2023
Distribution Amount
$1.8M
2023
Financial Details (2023)
Total Revenue $2.2M
Total Expenses $9.2M
Exempt Purpose Expenses $8.8M
Required Distribution $1.8M
Undistributed Income $0
Grants Approved (Future) $1.6M
Total Liabilities $3.2M
Excise Tax $30K Foundation Classification (2023) Operating Foundation
Grants to Individuals
Non-Charity Grants
Lobbying Activity
Excess Business Holdings
Grantmaking Insights Grant Range Smallest grant Largest grant
Geographic Distribution of Grants
NJ $8.5M (656)
NY $2.1M (74)
DC $250K (8)
VA $148K (12)
DE $55K (6)
NE $32K (4)
Past Grantees Recipient Location Amount Year Stony Brook Foundation Inc SOPAC Arts Education Music Program Stony Brook, NY $230K 2022 National Society Of Black Engineers TCHS Career Academy Alexandria, VA $40K 2022 Montclair State U FoundPlanning and Responding for Disasters & Emergencies Montclair, NJ $525K 2022 Foundation At Nj Inst Of TechPowered by PSEG Scholarship Program Newark, NJ $500K 2022 Sesame Workshop
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