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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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in New Jersey and New York. 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 341 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.
Smallest Grant
$80K
Median Grant
$321K
Average Grant
$323K
Largest Grant
$600K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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.
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.
Pseg Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is 10 31. as outlined on the form and website.
Pseg Foundation Inc. is headquartered in NEWARK, NJ. While based in NJ, the foundation distributes grants to organizations across 8 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
N/A
Total Assets
$29.6M
Fair Market Value
N/A
Net Worth
$26.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
768
Total Giving
$11.1M
Average Grant
$16K
Median Grant
$3K
Unique Recipients
341
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stony Brook Foundation IncSOPAC Arts Education Music Program | Stony Brook, NY | $230K | 2022 |
| National Society Of Black EngineersTCHS 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 WorkshopElevating Climate Literacy for all New Jersey Citiz | New York, NY | $400K | 2022 |
| New Jersey Performing Arts CenterLGBTQ+ Support and Education Program | Newark, NJ | $300K | 2022 |
| United Way Of Bergen CountyEconomic Empowerment Programs | Paramus, NJ | $234K | 2022 |
| Sustainable JerseyBridges2Success with Healthy Choices | Lawrenceville, NJ | $175K | 2022 |
| Community Foodbank Of NjBuilding Transformative Pathways to Sustainability | Hillside, NJ | $150K | 2022 |
| American National Red CrossVeterans Legal Program | Washington Dc, DC | $100K | 2022 |
| Public Media Nj IncOutreach to Underserved Populations | New York, NY | $100K | 2022 |
| Health Welfare Council Of LiVocational Restaurant Program | Huntington Station, NY | $75K | 2022 |
| Caucus Educational CorpNew Jersey Youth Corps of Union County | Montclair, NJ | $70K | 2022 |
| Community Found Of NjWE MAKE WORKS | Morristown, NJ | $50K | 2022 |
| All Stars Project IncPrison and Reentry Academic Tutoring | New York, NY | $45K | 2022 |
| Volunteer Lawyers For JusticeYouth Empowerment Programs | Newark, NJ | $43K | 2022 |
| The Citizens Campaign IncACI Certified Food Service Training Program | Metuchen, NJ | $40K | 2022 |
| New Jersey Symphony OrchestraCelebrating DEI at the Y | Newark, NJ | $40K | 2022 |