Prudential Awards Grants

Prudential Financial has awarded “microgrants” to 54 nonprofits and individuals throughout the city to help them continue their effort to address community issues and improve quality of life for people and families.

Prudential, headquartered in Newark, recently distributed $280,000 from a $500,000 Community Grants Program, launched in March. Prudential partnered with the Community Foundation of New Jersey to administer and distribute the microgrants.

“We know a strong city is built on strong neighborhoods and we understand that those closest to the challenges in our community are best positioned to solve them,” said Lata Reddy, senior vice president with Prudential Financial and chair of The Prudential Foundation.