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PSEG Contributes $2.5 Million to Communities

PSEG Contributes $2.5 Million to Communities

Tuesday, April 14, 2020

The PSEG Foundation announced it has committed $2.5 million in response to the COVID-19 pandemic that is devastating many of our communities. Our first and signature initiative is a $1 million donation to the NJ Pandemic Relief Fund, whose purpose is to provide support for the health care community, as well as for vulnerable age and socioeconomic groups and businesses all facing an array of challenges ranging from food insecurity to displaced workers to homelessness.

“NJPRF is so grateful for the generous support that the PSEG Foundation is providing. We are strategically using our funds to support the front line services across the state and address the widespread needs of our community. We know there is much work to do both now and in the weeks and months ahead. On behalf of the NJPRF, thank you PSEG Foundation,” said First Lady Tammy Murphy, Chairperson of the NJ Pandemic Relief Fund.

“These are extraordinary times for so many of our community members who are facing tremendous hardship brought about by the COVID-19 pandemic,” said PSEG Senior Vice President for Corporate Citizenship and PSEG Foundation Chair Rick Thigpen. “The PSEG Foundation is grateful to be able to bring its resources to bear to provide the health, social and economic support so desperately needed by our communities.”

In the months to come, mid-sized grants, ranging from $10,000 to $50,000, will also be directed toward regional nonprofits – such as food banks and organizations providing health and social services to the community – to address and support those suffering from the medical, social and economic impacts of COVID-19.

This commitment also includes a request-for-proposal process to support neighborhood and grassroots initiatives. This will be accomplished via small-scale grants, ranging from $500 to $5,000, aimed at directing support directly to the neighborhood level and reaching those in need who have been affected by COVID-19.