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PSEG Foundation Celebrates 10 Years and Nearly $8M in Grants

PSEG Foundation Celebrates 10 Years and Nearly $8M in Grants

Monday, December 16, 2024

The PSEG Foundation celebrated a decade of community impact through its Neighborhood Partners Program (NPP), hosting a special event to honor more than 400 nonprofit organizations that have received nearly $8 million in grants since the program’s inception. This year, the program set new records, with an 11% increase in applications and $1.2 million in total giving—a 20% rise from last year’s $1 million.

Representatives from more than 100 nonprofits that have benefited from the program attended the event, sharing testimonials about its impact on their communities. The NPP provides grant funding to eligible 501(c)(3) organizations that demonstrate effective programming aligned with the PSEG Foundation’s three strategic pillars: environmental sustainability, social justice, and equity and economic empowerment.

“In 10 years, the Neighborhood Partners Program has not only awarded millions in grants but has stood alongside hundreds of community-led organizations to create lasting change throughout New Jersey. NPP now serves as a role model for other funders who also seek to be catalysts for progress at the neighborhood level,” said Calvin Ledford Jr., president of the PSEG Foundation. “We are proud to support these transformative partnerships, which embody our unwavering commitment to empowering communities, tackling critical environmental and socio-economic challenges, and advancing equity—especially for those with the greatest need—so that all communities can thrive in a more sustainable and just New Jersey.”

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