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    Pseg Foundation

    ActiveHousing & ShelterFunds Individuals
    NEWARK, NJWebsiteEIN: 22-31258803 filings on record

    About Pseg Foundation

    PSEG Foundation concentrates large, strategic gifts in New Jersey-focused education, workforce development, and community sustainability initiatives. Their recent grants fund university partnerships for student/workforce pipelines and innovation, statewide municipal sustainability programs, and community-focused early-childhood media resources. The foundation appears to prioritize measurable community resilience and economic development tied to energy and sustainability themes.

    Focus Areas

    University-based student workforce development and STEM partnerships in New JerseyStatewide municipal sustainability and resiliency programs (Sustainable Jersey grants)Community-focused early childhood education and outreach (Sesame Street community resources)Research and innovation tied to sustainable growth and clean energy transitions

    Who They Fund

    New Jersey residents and local communitiesyouth and students (K-12 and college)low-income and underserved communitiesveterans and military-affiliated individuals

    About Pseg Foundation

    A $1,000,000 grant to Montclair State University Foundation for "Advancing Sustainable Growth and Innovation" captures the Pseg Foundation Inc.’s pattern well: large, targeted awards that connect education, sustainability, and community resilience in New Jersey. The foundation backs university partnerships that build student and workforce pipelines, statewide initiatives that help local communities plan for sustainability, and public-interest programs that translate complex issues into accessible resources. Recent awards also show support for early childhood learning, clean-energy education, and civic programs tied to social justice and neighborhood improvement. The grant list points to a funder that works through a mix of higher-education institutions, nonprofit intermediaries, and community-serving organizations. Grants to Stevens Institute of Technology and the Foundation at NJ Institute of Tech align with workforce and scholarship efforts, while support for Sustainable Jersey and New Jersey Performing Arts Center reflects attention to statewide capacity, public education, and community life. The foundation also funded Liberty Science Center to reimagine the Energy Quest exhibit and Sesame Workshop for community resources and climate literacy. These examples show a focus on practical, place-based projects with clear public benefit rather than broad, unrestricted philanthropy.

    What Pseg Foundation Funds

    In education and workforce development, the foundation gave $725,000 to Stevens Institute of Technology for "PSEG Student and Workforce Development and SCS" and $500,000 to the Foundation at NJ Institute of Tech for the "Powered by PSEG Scholarship Program." It also supported career preparation through $250,000 to Junior Achievement of New Jersey for "Empowering NJ youth to be work ready." Climate and sustainability are another clear theme. The Pseg Foundation Inc. awarded $750,000 to Sustainable Jersey Inc for "Sustainable Jersey Small Grant and Program Support," and $250,000 to NJ Audubon Society for "Urban Oases: Connecting People Wildlife and Habitat." For clean-energy learning, it gave $600,000 to Liberty Science Center Inc for "Reimagining the Energy Quest Exhibit." Community resilience and public-facing education appear as well. The foundation provided $330,000 to American National Red Cross & Its Constituent Chapters and Branches for the "Home Fire Campaign" and $800,000 to Sesame Workshop for "Sesame Street Community Resources."

    How Pseg Foundation Gives

    Financial Snapshot

    Annual Giving

    $8.3M

    Total Assets

    $29.6M

    Total Revenue

    $1.7M

    Total Expenses

    $9M

    Typical Grant Size

    Most grants fall between $1K and $8K, with a median of $3K.

    25th Percentile

    $1K

    Median

    $3K

    75th Percentile

    $8K

    Geographic Reach

    Local10 states funded

    About 88% of grants go to recipients in NJ.

    Funding intensity
    Low
    High
    Headquarters

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    formerly incarcerated / reentry populations
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    Giving Approach

    Concentrated, high-dollar grants to a small set of institutional partners (universities, statewide nonprofits, national education nonprofits) rather than many small awards; funding is thematic and strategic, favoring program support and partnership-driven initiatives within New Jersey.

    Funding Style

    program support (small grants)scholarships and fellowshipsworkforce development and job-readinessdirect service and emergency responsematching gifts / employee giving

    Notable grantees: Montclair State University Foundation, Sesame Workshop, Sustainable Jersey Inc, Stevens Institute of Technology

    Topics

    experiential STEM education and outreachclimate literacy, urban greening, and sustainabilityworkforce training, internships, and career pathwayscollege access and scholarship programsveterans services and legal/vocational supportdisaster preparedness, emergency response, and fire safetyfood security and hunger relief

    Typical awards are small to mid-sized, with a p25 of $1,000, a median of $2,500, and a p75 of $7,500, even though the recent list also includes larger strategic grants. The foundation is a regular funder with annual grants of $18,812,940 and assets of $29,551,035. Its recent activity includes repeated support for institutions such as Montclair State University Foundation, United Way of Bergen County, and Sustainable Jersey across multiple years, indicating recurring relationships rather than one-off grants. The active grant programs show both unsolicited and RFP-based grantmaking, and some channels are tied to employee giving or matching gifts.

    Where Pseg Foundation Makes Grants

    Giving is highly concentrated in New Jersey: 88% of grants go to recipients in the HQ state, and New Jersey is also the top state by grant count. Recent grants land in Montclair, Newark, Jersey City, Lawrenceville, Hoboken, Paterson, Hillside, Edison, East Hanover, Bernardsville, and Paramus. The foundation also makes a smaller number of grants to recipients in New York, North Carolina, Virginia, and Washington, DC, but the overall pattern is strongly local.

    Frequently Asked Questions About Pseg Foundation

    What are Pseg Foundation Inc.’s main focus areas?

    Recent grants show education, workforce development, sustainability, community resilience, and public-facing learning. Examples include a scholarship program at the Foundation at NJ Institute of Tech, support for Sustainable Jersey, an Energy Quest exhibit project at Liberty Science Center, and climate literacy work with Sesame Workshop.

    Does the foundation fund recurring partners?

    Yes. Several organizations appear more than once in the recent grants list, including Montclair State University Foundation, Sustainable Jersey, and United Way of Bergen County. That pattern suggests the foundation often returns to organizations over multiple years rather than making only isolated awards.

    What is the typical grant size?

    The distribution is small-grant oriented: p25 is $1,000, the median is $2,500, and p75 is $7,500. The recent list also includes larger strategic awards, including $1,000,000 to Montclair State University Foundation and $800,000 to Sesame Workshop.

    Where does most of the funding go geographically?

    New Jersey is the core geography. Eighty-eight percent of grants go to recipients in NJ, and the recent list shows awards across Montclair, Newark, Jersey City, Lawrenceville, Hoboken, Paterson, Hillside, Edison, East Hanover, Bernardsville, and Paramus.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    Montclair State University Foundation RELATED PERSONS TRANSACTIONSMontclair, NJ$1,000,0002025Advancing Sustainable Growth and Innovation
    SUSTAINABLE JERSEY INCLawrenceville, NJ$750,0002025Sustainable Jersey Small Grant and Program Support
    Liberty Science Center Inc RELATED PERSONS TRANSACTIONJersey City, NJ$600,0002025Reimagining the Energy Quest Exhibit
    Foundation for North Carolina A TGreensboro, NC$384,6002025Powering Potential
    Hampton UniversityHampton, VA$340,0002025Hampton U PSEG STEM Scholars Program
    American National Red Cross & Its Constituent Chapters and BranchesFairfield, NJ$330,0002025Home Fire Campaign
    Howard UniversityWashington, DC$325,0002025PSE Environmental and Sustainability Scholars
    United Negro College FundNewark, NJ$310,0002025Providing Pathways to College Access and Success
    NJ Institute for Social Justice RPTNEWARK, NJ$300,0002025Economic Environmental Justice & Civic Engagement
    Community Food Bank of New Jersey IncHillside, NJ$250,0002025A Strategic Plan Toward a Hunger-Free New Jersey
    Students 2 Science IncEast Hanover, NJ$250,0002025S2S Project Apollo: Expansion of STEM Programs
    Newark Museum AssociationNewark, NJ$200,0002025Social Justice Projects as Catalysts for DEAI
    New Jersey Community Development CorpPaterson, NJ$200,0002025Summer STEAM and Neighborhood Help Center
    Volunteer Lawyers for JusticeNewark, NJ$170,0002025Veterans Legal Program
    The Citizens Campaign IncMetuchen, NJ$150,0002025Open Access Leadership: Broadening Citizen Service
    Stony Brook Foundation IncStony Brook, NY$150,0002025SBU-PSEG STEM Outreach Program
    The Drumthwacket FoundationPRINCETON, NJ$100,0512025Van Nuys Education and Event Center
    Caucus Educational CorporationVerona, NJ$100,0002025Stand & Deliver: Powering Equity and Social Justice
    Public Media NJ Inc NJ PBS RPTNEW YORK, NY$100,0002025NJ PBS Newsroom
    Center for Aquatic ScienesCamden, NJ$80,0002025Community And Urban Science Enrichment CAUSE
    Sesame WorkshopNew York, NY$800,0002024Sesame Street Community Resources
    Stevens Institute of TechnologyHoboken, NJ$725,0002024PSEG Student and Workforce Development and SCS
    New Jersey Performing Arts CenterNEWARK, NJ$600,0002024NJPAC & PSEG: Lighting the Way for Social Justice
    Montclair State University Foundation RELATED PERSONS TRANSACTIONSMontclair, NJ$450,0002024Inclusive Experiential STEM Education
    Junior Achievement of New JerseyEdison, NJ$250,0002024Empowering NJ youth to be work ready.
    NJ Audubon SocietyBernardsville, NJ$250,0002024Urban Oases:Connecting People Wildlife and Habitat
    National Wildlife FederationReston, VA$200,0002024Climate Change Education and Community Resiliency
    Childrens Specialized HospitalMOUNTAINSIDE, NJ$200,0002024Social Determinants of Health Screening Program
    United Way of Bergen CountyParamus, NJ$198,2012024Matching Gifts March 2023
    SUSTAINABLE JERSEY INCLawrenceville, NJ$150,0002024Sustainable Jersey Small Grant and Program Support
    Thomas Edison State University Foundation IncTrenton, NJ$100,0002024Operation Veteran Success
    Public Media NJ Inc NJ PBS RPTNEW YORK, NY$100,0002024NJ PBS Newsroom
    KABOOM INCBethesda, MD$100,0002024KABOOM! Playspace Project
    American National Red Cross & Its Constituent Chapters and BranchesWashington, DC$100,0002024Home Fire Campaign
    Community FoodBank of New Jersey RPTHillside, NJ$100,0002024Recovery Challenge Initiative
    United Way of Bergen CountyParamus, NJ$91,1782024December 2022 Volunteer Grants
    All Stars Project IncNew York, NY$90,0002024DSY and Cops & Kids - 2023-2024
    Caucus Educational CorporationMontclair, NJ$85,0002024Stand & Deliver: Powering Equity and Social Justice
    Volunteer Lawyers for JusticeNEWARK, NJ$85,0002024Veterans Legal Program
    United Way of Bergen CountyParamus, NJ$83,4932024Matching Gift - June 2023
    United Way of Bergen CountyParamus, NJ$69,0392024Giving Tuesday 2023
    United Way of Bergen CountyParamus, NJ$65,7792024Matching Gift and Giving Tuesday Remaining November
    United Way of Bergen CountyParamus, NJ$52,6362024Matching Gift - October 2023
    United Way of Bergen CountyParamus, NJ$51,4772024Matching Gifts - August 2023
    Health and Welfare Council of Long IslandHuntington Station, NY$48,7502024Environmental Sustainability & Disaster Response
    Salvation and Social JusticeTrenton, NJ$45,0002024Trenton Restorative Street Team and Safe Passage Pr
    Community Foundation of New Jersey RPTMorristown, NJ$45,0002024Newark Summer Youth Employment Program SYEP
    Arbor Day FoundationLincoln, NE$45,0002024PSEG Community Tree Planting in NJ
    United Way of Bergen CountyParamus, NJ$41,5202024Matching Gift - December 2023 Part A
    HISPA IncPrinceton, NJ$40,0002024HISPA Role Model Programs for Latino Youth: 2023-24

    Montclair State University Foundation RELATED PERSONS TRANSACTIONS

    $1,000,000
    Montclair, NJ2025

    Advancing Sustainable Growth and Innovation

    SUSTAINABLE JERSEY INC

    $750,000
    Lawrenceville, NJ2025

    Sustainable Jersey Small Grant and Program Support

    Liberty Science Center Inc RELATED PERSONS TRANSACTION

    $600,000
    Jersey City, NJ2025

    Reimagining the Energy Quest Exhibit

    Foundation for North Carolina A T

    $384,600
    Greensboro, NC2025

    Powering Potential

    Hampton University

    $340,000
    Hampton, VA2025

    Hampton U PSEG STEM Scholars Program

    American National Red Cross & Its Constituent Chapters and Branches

    $330,000
    Fairfield, NJ
    2025

    Home Fire Campaign

    Howard University

    $325,000
    Washington, DC2025

    PSE Environmental and Sustainability Scholars

    United Negro College Fund

    $310,000
    Newark, NJ2025

    Providing Pathways to College Access and Success

    NJ Institute for Social Justice RPT

    $300,000
    NEWARK, NJ2025

    Economic Environmental Justice & Civic Engagement

    Community Food Bank of New Jersey Inc

    $250,000
    Hillside, NJ2025

    A Strategic Plan Toward a Hunger-Free New Jersey

    Students 2 Science Inc

    $250,000
    East Hanover, NJ2025

    S2S Project Apollo: Expansion of STEM Programs

    Newark Museum Association

    $200,000
    Newark, NJ2025

    Social Justice Projects as Catalysts for DEAI

    New Jersey Community Development Corp

    $200,000
    Paterson, NJ2025

    Summer STEAM and Neighborhood Help Center

    Volunteer Lawyers for Justice

    $170,000
    Newark, NJ2025

    Veterans Legal Program

    The Citizens Campaign Inc

    $150,000
    Metuchen, NJ2025

    Open Access Leadership: Broadening Citizen Service

    Stony Brook Foundation Inc

    $150,000
    Stony Brook, NY2025

    SBU-PSEG STEM Outreach Program

    The Drumthwacket Foundation

    $100,051
    PRINCETON, NJ2025

    Van Nuys Education and Event Center

    Caucus Educational Corporation

    $100,000
    Verona, NJ2025

    Stand & Deliver: Powering Equity and Social Justice

    Public Media NJ Inc NJ PBS RPT

    $100,000
    NEW YORK, NY2025

    NJ PBS Newsroom

    Center for Aquatic Scienes

    $80,000
    Camden, NJ2025

    Community And Urban Science Enrichment CAUSE

    Sesame Workshop

    $800,000
    New York, NY2024

    Sesame Street Community Resources

    Stevens Institute of Technology

    $725,000
    Hoboken, NJ2024

    PSEG Student and Workforce Development and SCS

    New Jersey Performing Arts Center

    $600,000
    NEWARK, NJ2024

    NJPAC & PSEG: Lighting the Way for Social Justice

    Montclair State University Foundation RELATED PERSONS TRANSACTIONS

    $450,000
    Montclair, NJ2024

    Inclusive Experiential STEM Education

    Junior Achievement of New Jersey

    $250,000
    Edison, NJ2024

    Empowering NJ youth to be work ready.

    NJ Audubon Society

    $250,000
    Bernardsville, NJ2024

    Urban Oases:Connecting People Wildlife and Habitat

    National Wildlife Federation

    $200,000
    Reston, VA2024

    Climate Change Education and Community Resiliency

    Childrens Specialized Hospital

    $200,000
    MOUNTAINSIDE, NJ2024

    Social Determinants of Health Screening Program

    United Way of Bergen County

    $198,201
    Paramus, NJ2024

    Matching Gifts March 2023

    SUSTAINABLE JERSEY INC

    $150,000
    Lawrenceville, NJ2024

    Sustainable Jersey Small Grant and Program Support

    Thomas Edison State University Foundation Inc

    $100,000
    Trenton, NJ2024

    Operation Veteran Success

    Public Media NJ Inc NJ PBS RPT

    $100,000
    NEW YORK, NY2024

    NJ PBS Newsroom

    KABOOM INC

    $100,000
    Bethesda, MD2024

    KABOOM! Playspace Project

    American National Red Cross & Its Constituent Chapters and Branches

    $100,000
    Washington, DC2024

    Home Fire Campaign

    Community FoodBank of New Jersey RPT

    $100,000
    Hillside, NJ2024

    Recovery Challenge Initiative

    United Way of Bergen County

    $91,178
    Paramus, NJ2024

    December 2022 Volunteer Grants

    All Stars Project Inc

    $90,000
    New York, NY2024

    DSY and Cops & Kids - 2023-2024

    Caucus Educational Corporation

    $85,000
    Montclair, NJ2024

    Stand & Deliver: Powering Equity and Social Justice

    Volunteer Lawyers for Justice

    $85,000
    NEWARK, NJ2024

    Veterans Legal Program

    United Way of Bergen County

    $83,493
    Paramus, NJ2024

    Matching Gift - June 2023

    United Way of Bergen County

    $69,039
    Paramus, NJ2024

    Giving Tuesday 2023

    United Way of Bergen County

    $65,779
    Paramus, NJ2024

    Matching Gift and Giving Tuesday Remaining November

    United Way of Bergen County

    $52,636
    Paramus, NJ2024

    Matching Gift - October 2023

    United Way of Bergen County

    $51,477
    Paramus, NJ2024

    Matching Gifts - August 2023

    Health and Welfare Council of Long Island

    $48,750
    Huntington Station, NY2024

    Environmental Sustainability & Disaster Response

    Salvation and Social Justice

    $45,000
    Trenton, NJ2024

    Trenton Restorative Street Team and Safe Passage Pr

    Community Foundation of New Jersey RPT

    $45,000
    Morristown, NJ2024

    Newark Summer Youth Employment Program SYEP

    Arbor Day Foundation

    $45,000
    Lincoln, NE2024

    PSEG Community Tree Planting in NJ

    United Way of Bergen County

    $41,520
    Paramus, NJ2024

    Matching Gift - December 2023 Part A

    HISPA Inc

    $40,000
    Princeton, NJ2024

    HISPA Role Model Programs for Latino Youth: 2023-24