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Form 990-PFTax year 2024EIN 22-3125880

Pseg Foundation Inc

A private foundation in Newark, NJ. Its return for tax year 2024 lists 23 grants and $6.1 million paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $6,089,651

    Grants listed
    23
    Assets, end of year
    $29,551,035

  • Tax year 2023

    $7,160,374

    Grants listed
    385
    Assets, end of year
    $37,026,670

  • Tax year 2022

    $5,547,915

    Grants listed
    384
    Assets, end of year
    $42,272,367

  • Tax year 2021

    $3,880,654

    Grants listed
    317
    Assets, end of year
    $49,926,270

  • Tax year 2020

    $8,560,261

    Grants listed
    77
    Assets, end of year
    $38,382,950

Grants paid in 2024

23 grants, largest first

As listed on the return.

  1. Montclair State University Foundation RELATED PERSONS TRANSACTIONSMontclair, NJ

    Advancing Sustainable Growth and Innovation

    $1,000,000
  2. Sustainable Jersey IncLawrenceville, NJ

    Sustainable Jersey Small Grant and Program Support

    $750,000
  3. Liberty Science Center Inc RELATED PERSONS TRANSACTIONJersey City, NJ

    Reimagining the Energy Quest Exhibit

    $600,000
  4. Foundation for North Carolina A TGreensboro, NC

    Powering Potential

    $384,600
  5. Hampton UniversityHampton, VA

    Hampton U PSEG STEM Scholars Program

    $340,000
  6. American National Red Cross & Its Constituent Chapters and BranchesFairfield, NJ

    Home Fire Campaign

    $330,000
  7. Howard UniversityWashington, DC

    PSE Environmental and Sustainability Scholars

    $325,000
  8. United Negro College FundWashington, DC

    Providing Pathways to College Access and Success

    $310,000
  9. NJ Institute for Social Justice RPTNewark, NJ

    Economic Environmental Justice & Civic Engagement

    $300,000
  10. Community Food Bank of New Jersey IncHillside, NJ

    A Strategic Plan Toward a Hunger-Free New Jersey

    $250,000
  11. Students 2 Science IncWhippany, NJ

    S2S Project Apollo: Expansion of STEM Programs

    $250,000
  12. Newark Museum AssociationNewark, NJ

    Social Justice Projects as Catalysts for DEAI

    $200,000
  13. New Jersey Community Development CorpPaterson, NJ

    Summer STEAM and Neighborhood Help Center

    $200,000
  14. Volunteer Lawyers for JusticeNewark, NJ

    Veterans Legal Program

    $170,000
  15. The Citizens Campaign IncMetuchen, NJ

    Open Access Leadership: Broadening Citizen Service

    $150,000
  16. Stony Brook Foundation IncStony Brook, NY

    SBU-PSEG STEM Outreach Program

    $150,000
  17. The Drumthwacket FoundationPrinceton, NJ

    Van Nuys Education and Event Center

    $100,051
  18. Public Media NJ Inc NJ PBS RPTNew York, NY

    NJ PBS Newsroom

    $100,000
  19. Caucus Educational CorporationMontclair, NJ

    Stand & Deliver: Powering Equity and Social Justice

    $100,000
  20. Center for Aquatic ScienesCamden, NJ

    Community And Urban Science Enrichment CAUSE

    $80,000
  21. All Stars Project IncNew York, NY

    DSY and Cops & Kids - 2023-2024

    $0
  22. Rutgers University FoundationNew Brunswick, NJ

    Douglass-Rutgers CS Bunting-Cobb LLCs & mentoring

    $0
  23. Stevens Institute of TechnologyHoboken, NJ

    PSEG Student and Workforce Development and SCS

    $0

Approved for future payment

13 grants

Approved in 2024 and not yet paid.

  1. Montclair State University Foundation RELATED PERSONS TRANSACTIONSMontclair, NJ

    Advancing Sustainable Growth and Innovation

    $500,000
  2. Liberty Science Center Inc RELATED PERSONS TRANSACTIONJersey City, NJ

    Reimagining the Energy Quest Exhibit

    $250,000
  3. Foundation for NC AT State University RPTGreensboro, NC

    Powering Potential

    $200,000
  4. Hampton UniversityHampton, VA

    Hampton U PSEG STEM Scholars Program

    $200,000
  5. Howard UniversityWashington, DC

    PSE Environmental and Sustainability Scholars

    $200,000
  6. American National Red Cross & Its Constituent Chapters and BranchesFairfield, NJ

    Home Fire Campaign

    $165,000
  7. NJ Institute for Social Justice RPTNewark, NJ

    Economic Environmental Justice & Civic Engagement

    $150,000
  8. Community Food Bank of New Jersey Inc RPTHillside, NJ

    A Strategic Plan Toward a Hunger-Free New Jersey

    $125,000
  9. Students 2 Science IncWhippany, NJ

    S2S Project Apollo: Expansion of STEM Programs

    $125,000
  10. Newark Museum AssociationNewark, NJ

    Social Justice Projects as Catalysts for DEAI

    $100,000
  11. New Jersey Community Development CorporationPaterson, NJ

    Summer STEAM and Neighborhood Help Center

    $100,000
  12. Childrens Specialized HospitalWest Orange, NJ

    Children

    $100,000
  13. Junior Achievement of New JerseyEdison, NJ

    Empowering NJ youth to be work ready.

    $0

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Environment2 grants $900,00032% of the total
  2. Education6 grants $885,00031% of the total
  3. Food and agriculture1 grant $250,0009% of the total
  4. Science and technology1 grant $250,0009% of the total
  5. Arts and culture2 grants $200,0007% of the total
  6. Community development1 grant $200,0007% of the total
  7. 1 other causes1 grant $170,0006% of the total

By State

Grants to organizations with a US address, latest year.

  1. New Jersey17 grants $4,790,051
  2. North Carolina1 grant $384,600
  3. Virginia1 grant $340,000
  4. District of Columbia1 grant $325,000
  5. New York3 grants $250,000

Officers, directors and trustees

16 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Daniel J CreggTrustee Hours 1Pay $0
  • David M DalyTrustee Hours 1Pay $0
  • Daniel EichhornTrustee Hours 1Pay $0
  • Ralph A LaRossaTrustee Hours 1Pay $0
  • Lynn C Ukejianya1 Hours 1Pay $0
  • Clifford Pardo1 Hours 1Pay $0
  • Rose M Chernick1 Hours 1Pay $0
  • Rosalyn M Pichardo1 Hours 1Pay $0
  • Michael K Hyun1 Hours 1Pay $0
  • Bradford D Huntington1 Hours 1Pay $0
  • Calvin R Ledford Jr1 Hours 1Pay $0
  • Tamara L LindeTrustee Hours 1Pay $0
  • Shahid MalikTrustee Hours 1Pay $0
  • Sheila RostiacTrustee Hours 1Pay $0
  • Richard T ThigpenChairman of the Board and CEO Hours 1Pay $0
  • Peter W CarusoAssistant Treasurer Hours 1Pay $0

The return

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