PSEG - Public Service Enterprise Group Inc.

05/15/2024 | Press release | Distributed by Public on 05/15/2024 10:52

PSEG Foundation Accepting Applications for 10th Annual Neighborhood Partners Program with New $1.2 Million Grant Milestone

(NEWARK, N.J. - May 15, 2024) - In a continued effort to sustain community partnerships and encourage local ingenuity, the PSEG Foundation is opening applications for the 10th year of its annual Neighborhood Partners Program (NPP). The Foundation is proud to announce a total of $1.2 million in grant funds available for eligible 501(c)(3) organizations, marking a 20% increase from last year's $1 million. Eligible nonprofit organizations must submit applications by June 30, 2024. Grants ranging from approximately $500 to $15,000 will be awarded.

Since its inception, the PSEG Foundation has donated more than $6.7 million to 390 organizations. This year, the Foundation aims to boost applications from organizations championing environmental sustainability and social justice. Awardees will be selected based on demonstrated program effectiveness, depth, breadth, and overall alignment with the PSEG Foundation strategic pillars: environmental sustainability, social justice, and equity and economic empowerment.

"As the Neighborhood Partners Program celebrates a decade of impact, the PSEG Foundation has been purposeful about resourcing nonprofits with the fundamental needs that

build strong, resilient and sustainable communities," said Calvin Ledford Jr., president of the PSEG Foundation. "In collaboration with our nonprofit partners, we are advancing towards a future where all people progress while also preserving the environment for future generations."

Eligible organizations can submit applications here: https://www.cybergrants.com/pseg/FoundationNPP_2024

Cathedral Kitchen, one of last year's awardees, serves more than 100,000 meals each year to its local community of Camden, New Jersey. With the support of the NPP funding, it was able to create long-term employment opportunities through its Culinary Arts Job Training Program. This program offers a free 15-week course, training students in basic culinary skills and essential cooking methods, and also provides certification in ServSafe food safety and sanitation.

"Cathedral Kitchen is grateful for the generous support from the PSEG Foundation," saidCarrie Kitchen-Santiago, executive director. "The Foundation's commitment to our Culinary Arts Job Training Program provides unemployed and underemployed individuals with the opportunity to build meaningful careers and transform their lives and their families' lives, while positively impacting our community."

NPP also provided funding for the Newark Community Street Team.

"The Newark Community Street Team reduces violence in many ways, one of which is bringing healing and beauty to the neighborhood we serve," said Aqeela Sherrills, NCST's co-founder and board chair. "We have just finished construction on our Trauma Recovery Center and the $11,000 we received from the Neighborhood Partners Program since 2011 is supporting the development of a Healing Garden on the grounds. We appreciate the support."

The PSEG Foundation provides NPP grants and other support to organizations that meet its strategic pillars.

"We are grateful for the over 20 years of support Great Swamp Watershed Association has received from the PSEG Foundation," said GSWA Executive Director Sally Rubin. "The Foundation support was indeed the 'foundation' of our extraordinary environmental education program. We now educate over 2,500 students as well as over 2,000 adults annually. It is through generous partners like PSEG that we can all truly make a difference in our communities."

NPP grant award recipients will be notified from September to November 2024. For more information about the PSEG Foundation and its programs, please visit PSEG's website.

About PSEG Foundation
The PSEG Foundation (501(c)(3), the philanthropic arm of Public Service Enterprise Group (PSEG) (NYSE:PEG), prioritizes investments in promoting environmental sustainability, social justice, and equity and economic empowerment.

About PSEG
Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it's cleaner, safer and delivered more reliably than ever. With a continued focus on sustainability, PSEG has appeared on the Dow Jones Sustainability North America Index for 16 consecutive years. PSEG is included on the 2023-2024 list of U.S. News' Best Companies to Work For. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).