Pseg Foundation Inc
EIN 223125880Total Given 2020–2024
$36.9M
851 grants · $7.4M avg/year
based on 5 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$3K
typical micro grants · $2K–$25K
grant size
19%
balanced · 126/652 multi-year
repeat
$29.6M
Assets (2024)
652
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Contact Person
Richard T Thigpen
Phone
(973) 430-6734
Deadlines
10 31
How to Apply
apply on line at corporate.pseg.com corporatecitizenship psegfoundation requestforproposals
Restrictions
as outlined on the form and website
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $13.3M | $38.4M | $223K | 81 |
| 2022 | $6.5M | $42.3M | $660K | 361 |
| 2023 | $8.8M | $37.0M | $2.2M | 377 |
| 2024 | $8.3M | $29.6M | $1.7M | 32 |
Grant Size Distribution
Based on 851 grants on record
Minimum
$250
25th Pctl
$2K
Median
$3K
Average
$43K
75th Pctl
$25K
Maximum
$1.2M
Geographic Distribution
Officers & Directors
RT
Richard T Thigpen
4+ yrs
Chairman of the Board and CEO
Leadership
PC
Peter W Caruso
4+ yrs
Assistant Treasurer
Leadership
DD
David M Daly
4+ yrs
Trustee
DC
Daniel J Cregg
4+ yrs
Trustee
SR
Sheila Rostiac
4+ yrs
Trustee
SM
Shahid Malik
4+ yrs
Trustee
TL
Tamara L Linde
4+ yrs
Trustee
RL
Ralph A LaRossa
4+ yrs
Trustee
DE
Daniel Eichhorn
4+ yrs
Trustee
CL
Calvin R Ledford Jr
4+ yrs
1
BH
Bradford D Huntington
4+ yrs
1
MH
Michael K Hyun
4+ yrs
1
RP
Rosalyn M Pichardo
4+ yrs
1
RC
Rose M Chernick
4+ yrs
1
CP
Clifford Pardo
4+ yrs
1
LU
Lynn C Ukejianya
4+ yrs
1
RT
Richard T Thigpen
4+ yrs
Chairman of the Board and CEO
Leadership
PC
Peter W Caruso
4+ yrs
Assistant Treasurer
Leadership
DC
Daniel J Cregg
4+ yrs
Trustee
DD
David M Daly
4+ yrs
Trustee
DE
Daniel Eichhorn
4+ yrs
Trustee
RL
Ralph A LaRossa
4+ yrs
Trustee
TL
Tamara L Linde
4+ yrs
Trustee
SM
Shahid Malik
4+ yrs
Trustee
SR
Sheila Rostiac
4+ yrs
Trustee
LU
Lynn C Ukejianya
4+ yrs
1
CP
Clifford Pardo
4+ yrs
1
RC
Rose M Chernick
4+ yrs
1
RP
Rosalyn M Pichardo
4+ yrs
1
MH
Michael K Hyun
4+ yrs
1
BH
Bradford D Huntington
4+ yrs
1
CL
Calvin R Ledford Jr
4+ yrs
1
RT
Richard T Thigpen
4+ yrs
Chairman of the Board and CEO
Leadership
CL
Calvin R Ledford Jr
4+ yrs
President
Leadership
BH
Bradford D Huntington
4+ yrs
Treasurer
Leadership
PC
Peter W Caruso
4+ yrs
Assistant Treasurer
Leadership
MH
Michael K Hyun
4+ yrs
Secretary
Leadership
RP
Rosalyn M Pichardo
4+ yrs
Assistant Secretary
Leadership
DC
Daniel J Cregg
4+ yrs
Trustee
DD
David M Daly
4+ yrs
Trustee
DE
Daniel Eichhorn
4+ yrs
Trustee
RL
Ralph A LaRossa
4+ yrs
Trustee
TL
Tamara L Linde
4+ yrs
Trustee
SM
Shahid Malik
4+ yrs
Trustee
SR
Sheila Rostiac
4+ yrs
Trustee
LU
Lynn C Ukejianya
4+ yrs
Assistant Controller-Tax
RC
Rose M Chernick
4+ yrs
Controller
CP
Clifford Pardo
4+ yrs
Assistant Controller-Tax
CL
Calvin R Ledford Jr
4+ yrs
President
Leadership
RT
Richard T Thigpen
4+ yrs
Chairman of the Board and CEO
Leadership
PC
Peter W Caruso
4+ yrs
Assistant Treasurer
Leadership
BH
Bradford D Huntington
4+ yrs
Treasurer
Leadership
RP
Rosalyn M Pichardo
4+ yrs
Assistant Secretary
Leadership
MH
Michael K Hyun
4+ yrs
Secretary
Leadership
DC
Daniel J Cregg
4+ yrs
Trustee
SR
Sheila Rostiac
4+ yrs
Trustee
SM
Shahid Malik
4+ yrs
Trustee
TL
Tamara L Linde
4+ yrs
Trustee
RL
Ralph A LaRossa
4+ yrs
Trustee
DE
Daniel Eichhorn
4+ yrs
Trustee
DD
Derek M DiRisio
Trustee
DD
David M Daly
4+ yrs
Trustee
LU
Lynn C Ukejianya
4+ yrs
Assistant Controller-Tax
CP
Clifford Pardo
4+ yrs
Assistant Controller-Tax
RC
Rose M Chernick
4+ yrs
Controller
Grants Awarded (851 total)
| Purpose | ||||
|---|---|---|---|---|
| Stevens Institute of Technology | Hoboken, NJ | $1,200,000 | Education | 2020 |
| United Way of Bergen County | Paramus, NJ | $1,008,894 | Civic & Community | 2020 |
| Montclair State University Foundation RELATED PERSONS TRANSACTIONS | Montclair, NJ | $1,000,000 | Advancing Sustainable Growth and Innovation | 2024 |
| Stevens Institute of Technology | Hoboken, NJ | $950,000 | Education | 2020 |
| Sesame Street Workshop | New York, NY | $800,000 | Safety | 2020 |
| Sesame Workshop | New York, NY | $800,000 | Sesame Street Community Resources | 2023 |
| Sustainable Jersey Inc | Lawrenceville, NJ | $750,000 | Sustainable Jersey Small Grant and Program Support | 2024 |
| Stevens Institute of Technology | Hoboken, NJ | $725,000 | PSEG Student and Workforce Development and SCS | 2023 |
| Stevens Institute of Technology | Hoboken, NJ | $725,000 | Contribution | 2023 |
| NJ Pandemic Relief various | Newark, NJ | $640,825 | Covid Neighborhood | 2020 |
| NJ Pandemic Relief approval various | Newark, NJ | $640,825 | Covid Neighborhood | 2020 |
| Community Foundation of NJ | Morristown, NJ | $625,000 | Thriving Communities | 2020 |
| United Way of Long Island | Deer Park, NY | $601,984 | Civic & Community | 2020 |
| New Jersey Performing Arts Center | Newark, NJ | $600,000 | NJPAC & PSEG: Lighting the Way for Social Justice | 2023 |
| Liberty Science Center Inc RELATED PERSONS TRANSACTION | Jersey City, NJ | $600,000 | Reimagining the Energy Quest Exhibit | 2024 |
| Montclair State U Found | Montclair, NJ | $525,000 | Planning and Responding for Disasters & Emergencies | 2022 |
| Foundation at NJ Inst of Tech | Newark, NJ | $500,000 | Powered by PSEG Scholarship Program | 2022 |
| Montclair State University Foundation RELATED PERSONS TRANSACTIONS | Montclair, NJ | $500,000 | Advancing Sustainable Growth and Innovation | 2024 |
| Montclair State University Foundation RELATED PERSONS TRANSACTIONS | Montclair, NJ | $450,000 | Inclusive Experiential STEM Education | 2023 |
| Sustainable Jersey | Lawrenceville, NJ | $425,000 | Environment | 2020 |
| Sesame Workshop | New York, NY | $400,000 | Elevating Climate Literacy for all New Jersey Citiz | 2022 |
| Foundation for North Carolina A T | Greensboro, NC | $384,600 | Powering Potential | 2024 |
| Hampton University | Hampton, VA | $340,000 | Hampton U PSEG STEM Scholars Program | 2024 |
| American National Red Cross & Its Constituent Chapters and Branches | Fairfield, NJ | $330,000 | Home Fire Campaign | 2024 |
| Howard University | Washington, DC | $325,000 | PSE Environmental and Sustainability Scholars | 2024 |