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PSEG Foundation to Award Grants as Part of its Neighborhood Partner Program - KOAM TV 7

PSEG Foundation to Award Grants as Part of its Neighborhood Partner Program

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SOURCE PSEG Foundation

NEWARK, N.J., June 3, 2014 /PRNewswire/ -- The PSEG Foundation is accepting proposals from local non-profits for programs that support projects with demonstrated impact on improving the quality of life in local communities.

Public Service Enterprise Group (PEG) is a publicly traded diversified energy company with annual revenues of $10 billion. Its operating subsidiaries are: PSEG Power, Public Service Electric and Gas Company (PSE&G) and PSEG Long Island. For more information visit www.pseg.com.

These grants will have a maximum award of $5,000 to an individual non-profit with the average grant expected to be $2,000. Special consideration will be given to qualified 501c3 non-profits focusing on one or more of the following criteria:

  • Sustainable neighborhoods that are designed to help revitalize communities that encourage the success of families and encourage minority and women-owned businesses.
  • Programs dedicated to strengthening safety systems and building resilience within PSEG's communities. These initiatives may include disaster relief and first responder support, electric and natural gas safety education, customer care to ensure safe conditions and employee health and safety.
  • Programs designed to develop new or enhance existing STEM (Science, Technology, Engineering, and Math) educational opportunities.

The PSEG Foundation will consider applications from our New Jersey service territory, as well as Salem and Cumberland counties, and our service/operation territories in Long Island and Albany, NY and Bridgeport and New Haven, CT.

"PSEG has a long tradition of caring for people and communities in locations we do business," said Ellen Lambert, President, PSEG Foundation. "Each year, we invest millions of dollars and thousands of hours to improve the quality of life in our surrounding communities. The company's culture dictates that service to customers and communities go hand-in-hand."  

Applications must be completed and submitted by August 1, 2014 by 5 p.m.  All applicants will receive notification about funding decisions by mid-November.

Applicants may apply directly through the Foundation's online application. Visit www.pseg.com/info/community/education/neighborhood_partners.jsp to apply. 

Grant recipients are subject to scheduled site visits with PSEG Foundation staff. A maximum of twenty percent of grant funds may be used for organization administration.

About the PSEG Foundation
The PSEG Foundation (501c3) is the philanthropic arm of Public Service Enterprise Group (NYSE:PEG).  The Foundation generally supports and invests in programs in three areas: community and the environment, education and safety. The Foundation provides grants to organizations in communities served by PSEG and its subsidiaries.  

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