Funder DirectoryPSEG FOUNDATION INC
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Private foundation (trust)EIN 223125880Est. 1991-10

PSEG FOUNDATION INC

NEWARK, NJ 071024109

Total Assets

$29.6M

FY 2024

Annual Giving

$6.1M

FY 2024

Grants Made

23

FY 2024

Avg Grant

$265K

FY 2024

Grant Range

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$1.7M

Total Expenses

$9.0M

Qualifying Distributions

$8.3M

Distributable Amount

$1.6M

Min. Investment Return

$1.7M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

3 years

Giving over time from 2022 to 2024. Peak $7.2M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

United Way of Bergen County
$1.9M
30 grants
Montclair State University Foundation RELATED PERSONS TRANSACTIONS
$1.4M
2 grants
Sesame Workshop
$1.2M
3 grants
SUSTAINABLE JERSEY INC
$900K
3 grants
New Jersey Performing Arts Center
$900K
3 grants
Stevens Institute of Technology
$725K
2 grants
Liberty Science Center Inc RELATED PERSONS TRANSACTION
$600K
1 grant
Montclair State U Found
$525K
1 grant

Grant Size Distribution

482 grants

<$10K
311
grants
$10–50K
109
grants
$50–250K
45
grants
$250K–1M
17
grants
$1–5M
$5M+

Geographic Focus

10 states

New Jersey
$14.0M
77% of total
New York
$2.4M
13% of total
Virginia
$635K
3% of total
District of Columbia
$550K
3% of total
North Carolina
$385K
2% of total
Maryland
$100K
1% of total
Nebraska
$85K
0% of total
Massachusetts
$38K
0% of total
Delaware
$28K
0% of total
Pennsylvania
$10K
0% of total

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PSEG FOUNDATION INC — Grants, Financials & Contact | Grantivo