The Prudential Foundation
751 BROAD STREET 3RD FLOOR - NEWARK - NJ 07102, New Jersey
Latest Filing: 2024
Total Assets: $76.19M
Total Giving: $43.34M
Grants: 141
Median Grant: $184,754
THE PRUDENTIAL FOUNDATION is a 990pf foundation in New Jersey with assets of $76M.
2024 Summary
$76.19M
Total Assets
$43.34M
Funding Awarded
141
Grants Given
$184,754
Median Grant
$4.37M
Largest Grant
$10,000
Smallest Grant
2024 Recipients
| Recipient | Award | Location | Purpose |
|---|---|---|---|
| American Online Giving Foundation Inc | $4.37M | Newark, DELAWARE | Benevity Invoice Matching Gifts Program (December 2022 November 2023) |
| Rutgers University Foundation | $1.70M | New Brunswick, NEW JERSEY | The Prudential Scholars Program |
| The Barack Obama Foundation | $1.68M | Chicago, ILLINOIS | A More Inclusive America Museum Exhibit, The Obama Presidential Center |
| The Aspen Institute Inc | $1.30M | Washington, DISTRICT OF COLUMBIA | Global Network Building And Capacity Strengthening For Opportunity Youth |
| Social Finance Inc | $1.00M | Boston, MASSACHUSETTS | Scaling Innovative Models For Economic Opportunity |
| Youthbuild Newark | $1.00M | Newark, NEW JERSEY | Scaling And Setting The Stage For Systems Change In New Jersey |
| New Jersey Performing Arts Center Corporation | $942,423 | Newark, NEW JERSEY | Njpac: Anchoring Newarks Next Chapter |
| Newark Alliance Inc | $900,000 | Newark, NEW JERSEY | Inclusive Economic Prosperity Initiatives |
| Multiplier | $800,000 | San Francisco, CALIFORNIA | Scaling Employee Ownership To Increase Racial Equity |
| National Fund For Workforce Solutions | $800,000 | Washington, DISTRICT OF COLUMBIA | Centering Workers To Expand Job Quality And Promote Equity |
| Nonprofit Finance Fund | $800,000 | New York, NEW YORK | Newark Nonprofit Capacity Accelerator 2.0 |
| Youthbuild Usa Inc | $800,000 | Roxbury, MASSACHUSETTS | Coordinating And Strengthening Youthbuild Usas Global Network |
| Atlanta Wealth Building Initiative | $700,000 | Atlanta, GEORGIA | Advancing Enterprise Prosperity: 1,000 Black Businesses In 1,000 Days |
| Policylink | $700,000 | Oakland, CALIFORNIA | Winning On Equity In Places |
| The Aspen Institute Inc | $677,469 | Washington, DISTRICT OF COLUMBIA | The Future Of Work And Wealth: Scaling Solutions For Worker Resilience And Racial Equity Foundation |
| The Barack Obama Foundation | $655,000 | Chicago, ILLINOIS | My Brother's Keeper Alliance |
$700,000
$4,539,438
State
Total
-
NJ
New Jersey
$4,539,438 -
DE
Delaware
$4,366,337 -
DC
District of Columbia
$2,777,469 -
IL
Illinois
$2,332,689 -
MA
Massachusetts
$1,800,000 -
CA
California
$1,500,000 -
NY
New York
$800,000 -
GA
Georgia
$700,000
Contacts
| Name | Phone | Title |
|---|---|---|
| MICHAEL SIMONETTI | 9738027313 | CONTROLLER |
| MICHAEL SIMONETTI | Signing Officer |
Historical Financials
| Year | Total Assets | Total Giving | Grants | Median Grant | Max Grant | Min Grant |
|---|---|---|---|---|---|---|
| 2024 | $76,187,343 | $43,342,135 | 141 | $184,754 | $4,366,337 | $10,000 |
| 2023 | $81,677,052 | $45,167,465 | 150 | $166,000 | $4,697,334 | $520 |
| 2022 | $137,651,624 | $48,544,688 | 173 | $150,000 | $5,590,982 | $3,000 |
| 2021 | $138,718,395 | $47,157,099 | 147 | $150,000 | $8,726,475 | $3,000 |
| 2020 | $104,837,838 | $46,834,890 | 164 | $150,000 | $8,048,249 | $385 |
| 2019 | $133,805,173 | $52,531,046 | 234 | $125,000 | $2,393,294 | $350 |
| 2018 | $153,884,515 | $50,178,693 | 214 | $150,000 | $2,207,490 | $350 |
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