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EIN 22-3125880

PSEG Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Newark
State
New Jersey
Year formed
1991
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The PSEG Foundation is a corporate foundation that primarily funds thriving communities, education, environment, safety, performing arts, civic & community, various, health & human services, covid neighborhood. The PSEG Foundation made 77 grants last year. The PSEG Foundation is located in Newark, NJ.
Total revenues
$2,159,799
2023
Total expenses
$9,154,458
2023
Total assets
$37,026,670
2023
Num. employees
0
2023

Grants made by PSEG Foundation

GranteeGrant descriptionAmount
Sesame Workshop (SW)Sesame Street Community Resources$800,000
The Trustees of the Stevens Institute of Technology (SIT)Pseg Student and Workforce Development and SCS$725,000
New Jersey Performing Arts Center CorporationNjpac & Pseg: Lighting the Way for Social Justice$600,000
...and 315 more grants made totalling $5,935,648

Personnel at PSEG Foundation

NameTitleCompensation
Richard T ThigpenChairman of the Board and Chief Executive Officer$0
Lynn UkejianyaAssistant Controller - Tax$0

Financials for PSEG Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$2,159,799
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,159,799

Form 990s for PSEG Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-06990PFView PDF
2022-122023-11-14990PFView PDF
2021-122022-11-16990PFView PDF
2020-122021-09-02990PFView PDF
2019-122021-02-12990PFView PDF
...and 9 more Form 990s
Data update history
December 25, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 29, 2023
Posted financials
Added Form 990PF for fiscal year 2021
August 14, 2022
Posted financials
Added Form 990PF for fiscal year 2020
August 3, 2022
Updated personnel
Identified 15 new personnel
August 18, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
80 Park Plaza T 17
Newark, NJ 07102
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Essex County, NJ
Website URL
landing.pseg.com/ 
Phone
(973) 430-5575
IRS details
EIN
22-3125880
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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