Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE PRUDENTIAL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)751 BROAD STREET 3RD FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEWARK, NJ07102
A Employer identification number

22-2175290
B Telephone number (see instructions)

(973) 367-4565
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$76,187,343J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 35,000,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,250,841 3,424,768  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -6,158,443
b Gross sales price for all assets on line 6a 37,799,900
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
309,130 364,547 0
12 Total. Add lines 1 through 11........ 32,401,528 3,789,315 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
59,750 0 0 59,750
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
250,020 173,595 0 230,567
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
47,798 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
84,015 299,400 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 441,583 472,995 0 290,317
25 Contributions, gifts, grants paid....... 51,648,627 43,342,135
26 Total expenses and disbursements. Add lines 24 and 25 52,090,210 472,995 0 43,632,452
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -19,688,682
b Net investment income (if negative, enter -0-) 3,316,320
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 12,778 21,659 21,659
2 Savings and temporary cash investments......... 12,442,615 16,325,658 16,325,658
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,465,355 Click to see attachment
List of Attached Documents:
// Content
172,316 		172,316
c Investments—corporate bonds (attach schedule)....... 45,790,100 Click to see attachment
List of Attached Documents:
// Content
38,624,363 		38,624,363
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
21,966,204 		Click to see attachment
List of Attached Documents:
// Content
21,043,347 		Click to see attachment
List of Attached Documents:
// Content
21,043,347
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 81,677,052 76,187,343 76,187,343
Liabilities 17 Accounts payable and accrued expenses.......... 92,902 103,607
18 Grants payable................. 16,197,486 24,387,440
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 16,290,388 24,491,047
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 62,972,664 49,341,572
25 Net assets with donor restrictions............ 2,414,000 2,354,724
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 65,386,664 51,696,296
30 Total liabilities and net assets/fund balances (see instructions). 81,677,052 76,187,343
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
65,386,664
2
Enter amount from Part I, line 27a .....................
2
-19,688,682
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
5,998,314
4
Add lines 1, 2, and 3 ..........................
4
51,696,296
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
51,696,296
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a COMMON STOCKS      
b PGIM CORE BOND FUND      
c PGIM CORE PLUS BOND FUND      
d CAPITAL GAINS/(LOSSES) FROM PARTNERSHIPS P    
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,074,558   2,484,925 -1,410,367
b 18,407,204   20,810,532 -2,403,328
c 18,318,138   20,647,981 -2,329,843
d     7,343 -7,343
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,410,367
b       -2,403,328
c       -2,329,843
d       -7,343
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -6,150,881
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 46,097
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 46,097
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 46,097
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 135,129
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 185,129
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 139,032
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow139,032 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNJ
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowSHANE HARRIS Telephone no.right arrow (973) 802-7313

Located atright arrow751 BROAD STREET 15TH FLOORNEWARKNJ ZIP+4right arrow07102
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
SHANE T HARRIS PRESIDENT
32.00 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
NANDINI MONGIA TREASURER
0.27 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
SARAH S KEH SECRETARY
32.00 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
CHARLES LOWREY TRUSTEE
0.17 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
LUCIEN ALZIARI TRUSTEE
0.17 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
GILBERT F CASELLAS TRUSTEE
0.17 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
CAROLINE FEENEY TRUSTEE
0.17 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
SANDRA PIANALTO TRUSTEE
0.17 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
LATA REDDY TRUSTEE & CHAIRMAN
8.00 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
TIMOTHY SCHMIDT TRUSTEE
0.17 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
JOSEPH MCCARTHY ASSISTANT TREASURER
0.00 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
THOMAS LAURITA CONTROLLER
0.38 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
JASON HEATH INVESTMENT OFFICER
8.00 		0 0 0
PRUDENTIAL PLAZA
NEWARK,NJ07102
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
AMERICAN ONLINE GIVING FOUNDATION INC PROF. SERVICES - CONSULTANT 230,567
2454 N MCMULLEN BOOTH RD STE 431
CLEARWATER,FL33759
PRUDENTIAL TRUST COMPANY INVESTMENT MANAGEMENT 173,595
30 SCRANTON OFFICE PARK
SCRANTON,PA18507
MITCHELL & TITUS AUDITING AND TAX SERVICES 59,750
80 PINE STREET SUITE 3220
NEW YORK,NY10005
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 NEW JERSEY PERFORMING ARTS CENTER (NJPAC): NJPAC IS A WORLD-CLASS AND COMMUNITY-BASED CULTURAL VENUE IN NEWARK, SHOWCASING THE BEST NATIONAL AND INTERNATIONAL ARTISTS, AS WELL AS TOP PERFORMERS FROM THE STATE OF NEW JERSEY. NJPAC HAS GARNERED NATIONAL ATTENTION FOR ITS PROGRAMMING, AUDIENCE DIVERSITY, EDUCATION INITIATIVES, AND THE CATALYTIC ROLE IT HAS PLAYED IN RETURNING NIGHTLIFE AND ECONOMIC ACTIVITY TO NEW JERSEY'S LARGEST URBAN COMMUNITY. APPROXIMATELY 34% OF ALL NJPAC TICKET BUYERS REPRESENT AFRICAN AMERICAN, HISPANIC/LATINO AND ASIAN-AMERICAN COMMUNITIES, AND A VARIETY OF IMMIGRANT POPULATIONS. THE NJPAC STAFF IS RECOGNIZED IN THE INDUSTRY AS THE MOST DIVERSE IN THE NATION. 486,856
2 IMPACT AMERICA FUND: IMPACT AMERICA AIMS TO INVEST IN THE BIG DATA, EDUCATION, AND HEALTH & WELL-BEING SECTORS, WITH A PREFERENCE FOR MINORITY-OWNED AND WOMAN-OWNED BUSINESSES. 105,000
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow591,856
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
54,436,487
b
Average of monthly cash balances.......................
1b
17,917,491
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
72,353,978
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
72,353,978
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,085,310
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
71,268,668
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,563,433
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
3,563,433
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
46,097
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
46,097
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,517,336
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,517,336
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
3,517,336
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
43,632,452
b
Program-related investments—total from Part VIII-B..................
1b
591,856
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
44,224,308
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 3,517,336
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 44,951,264
b From 2019...... 43,157,442
c From 2020...... 43,928,436
d From 2021...... 49,194,693
e From 2022...... 41,760,392
f Total of lines 3a through e ........ 222,992,227
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 44,224,308
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 3,517,336
e Remaining amount distributed out of corpus 40,706,972
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 263,699,199
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		44,951,264
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		218,747,935
10 Analysis of line 9:
a Excess from 2019.... 43,157,442
b Excess from 2020.... 43,928,436
c Excess from 2021.... 49,194,693
d Excess from 2022.... 41,760,392
e Excess from 2023.... 40,706,972
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ADVOCATES FOR CHILDREN OF NEW JERSEY

35 HALSEY ST
NEWARK,NJ07102 		  PC NEWARK KIDS COUNT 2024 AND COMMUNITY ENGAGEMENT 75,000

ALVIN AILEY DANCE FOUNDATION INC

THE JOAN WEILL CENTER FOR DANCE
NEW YORK,NY10019 		  PC ALVIN AILEY DANCE FOUNDATION, INC. 200,000

AMERICAN FRIENDS OF MAGEN DAVID ADOM

20 W 36TH ST SUITE 1100
NEW YORK,NY10018 		  PC EMERGENCY RELIEF FUND: OPERATION SWORDS OF IRON 100,000

AMERICAN FRIENDS OF MAGEN DAVID ADOM

20 W 36TH ST SUITE 1100
NEW YORK,NY10018 		  PC MATCHING GIFT IN SUPPORT OF RELIEF EFFORTS SUPPORT THE VICTIMS OF THE ISRAEL-PALESTINE 50,000

AMERICAN NATIONAL RED CROSS

431 18TH ST NW
WASHINGTON,DC20006 		  PC DISASTER RESPONDER PARTNERSHIP 250,000

AMERICAN NATIONAL RED CROSS

431 18TH ST NW
WASHINGTON,DC20006 		  PC MIDDLE EAST CRISIS 100,000

AMERICAN NATIONAL RED CROSS

431 18TH ST NW
WASHINGTON,DC20006 		  PC DOMESTIC MATCHING GIFT IN SUPPORT OF RELIEF EFFORTS THE AMERICAN RED CROSS: SUPPORT THE VICTIMS OF THE ISRAEL-PALESTINE CRISIS 48,888

AMERICAN ONLINE GIVING FOUNDATION INC

40 EAST MAIN STREET SUITE 887
NEWARK,DE19711 		  PC BENEVITY INVOICE PRUCARES VOLUNTEER INCENTIVE PROGRAM (DECEMBER 2022- NOVEMBER 2023) 194,508

AMERICAN ONLINE GIVING FOUNDATION INC

40 EAST MAIN STREET SUITE 887
NEWARK,DE19711 		  PC BENEVITY INVOICE MATCHING GIFTS PROGRAM (DECEMBER 2022- NOVEMBER 2023) 4,366,337

ASSET FUNDERS NETWORK

2045 W GRAND AVE STE B
CHICAGO,IL60612 		  PC 2023 SUPPORT FOR ASSET FUNDERS NETWORK 175,000

ATLANTA WEALTH BUILDING INITIATIVE

504 FAIR STREET SW
ATLANTA,GA30313 		  PC ADVANCING ENTERPRISE PROSPERITY: 1,000 BLACK BUSINESSES IN 1,000 DAYS 700,000

BOYS AND GIRLS CLUBS OF NEWARK INC

1 AVON AVE
NEWARK,NJ07108 		  PC BOYS AND GIRLS CLUB OF NEWARK, FOUNDATIONS OF TRANSFORMATION, YEAR 5 AND 6 OF 7 200,000

BRAVEN INCORPORATED

100 N LASALLE STREET
CHICAGO,IL60602 		  PC ACCELERATING ECONOMIC MOBILITY FOR RUTGERS-NEWARK COLLEGE STUDENTS THROUGH BRAVEN AUTO-ENROLLMENT 250,000

BRAZIL FOUNDATION

216 EAST 45TH STREET
NEW YORK,NY10017 		  PC LITORAL NORTE OF SO PAULO FLOODS 25,000

BRAZIL FOUNDATION

216 EAST 45TH STREET
NEW YORK,NY10017 		  PC SUPPORTING VULNERABLE YOUTH TO ACCESS THE FORMAL JOB MARKET AND SUCCESSFUL ENTREPRENEURIAL ENDEAVORS 400,000

CANDID

32 OLD SLIP
NEW YORK,NY10005 		  PC PARTNERSHIP DUES IN SUPPORT OF THE GUIDESTAR NONPROFIT PROFILES 10,000

CASA FOR CHILDREN OF ESSEX COUNTY INC

212 WASHINGTON STREET - ROOM 912
NEWARK,NJ07102 		  PC ADVOCACY FOR YOUTH IN FOSTER CARE 75,000

CAUSE EFFECTIVE INC

209 W 29TH STREET 242
NEW YORK,NY10001 		  PC EQUITABLE STORYTELLING AND FUNDRAISING WORKSHOPS 95,000

CENTER FOR COMMUNITY SELF-HELP

301 W MAIN STREET
DURHAM,NC27701 		  PC PLANNING GRANT FOR HOMEOWNERSHIP & FINANCIAL SERVICES EXPANSION TO LOW-INCOME & BIPOC WORKING FAMILIES IN ATLANTA 75,000

CENTER FOR LAND REFORM INC

111 E COURT STREET
FLINT,MI48502 		  PC EXPANDING EQUITABLE OWNERSHIP OPPORTUNITIES AT THE NEWARK LAND BANK 500,000

CHALKBEAT

450 7TH AVENUE 32ND FLOOR
NEW YORK,NY101230101 		  PC CHALKBEAT NEWARK REPORTING ON NPS 35,000

CHIEF EXECUTIVES FOR CORPORATE PURPOSE INC

1385 HWY 35 250
MIDDLETOWN,NJ07748 		  PC CECP ANNUAL AFFILIATION 25,000

CLINTON HILL COMMUNITY ACTION

208 CHADWICK AVE
NEWARK,NJ07108 		  PC PHASE II - HOUSING STRATEGY CAPACITY BUILDING 150,000

COMMON FUTURE

2323 BROADWAY
OAKLAND,CA94612 		  PC GENERAL OPERATING SUPPORT 400,000

COMMUNITY FOOD BANK OF NEW JERSEY INC

31 EVANS TERMINAL
HILLSIDE,NJ072052400 		  PC FOOD SERVICE AND WAREHOUSE LOGISTIC WORKFORCE DEVELOPMENT PROGRAMS 100,000

COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN

333 W FORT ST
DETROIT,MI48226 		  PC EXPANDING ECONOMIC OPPORTUNITY IN DETROIT 500,000

COMMUNITY FOUNDATION OF NEW JERSEY

PO BOX 338
MORRISTOWN,NJ07963 		  PC CITY OF NEWARK SUMMER YOUTH EMPLOYMENT PROGRAM 125,000

COMMUNITY FOUNDATION OF NEW JERSEY

PO BOX 338
MORRISTOWN,NJ07963 		  PC NEWARK COMMUNITY IMPACT FUND 20,000

COMMUNITY FOUNDATION OF NEW JERSEY

PO BOX 338
MORRISTOWN,NJ07963 		  PC CARE OF THE PARK ENDOWMENT FUND BRANCH BROOK PARK 200,000

COMMUNITY FOUNDATION OF NEW JERSEY

PO BOX 338
MORRISTOWN,NJ07963 		  PC ES550 (EQUALSPACE EXPANSION) 155,000

COMMUNITY FOUNDATION OF NEW JERSEY

PO BOX 338
MORRISTOWN,NJ07963 		  PC PRUDENTIAL COMMUNITY GRANTS PROGRAM 500,000

COMMUNITY FOUNDATION OF NEW JERSEY

PO BOX 338
MORRISTOWN,NJ07963 		  PC PRUDENTIAL'S NONPROFIT CAPACITY STRENGTHENING FUND 500,000

COMMUNITY FOUNDATION OF NEW JERSEY

PO BOX 338
MORRISTOWN,NJ07963 		  PC NEWARK PUBLIC LIBRARY SUPPORT 100,000

CONCORDANCE ACADEMY OF LEADERSHIP

6 CITYPLACE DRIVE
SAINT LOUIS,MO63141 		  PC FIRST CHANCE CAMPAIGN 200,000

COORDINATED ASSISTANCE NETWORK

6752 W GULF TO LAKE HWY
CRYSTAL RIVER,FL34429 		  PC MISSION FINANCIAL FREEDOM: A VETERAN JOURNEY TO WEALTH BUILDING 250,000

COUNCIL OF NEW JERSEY GRANTMAKERS INC

1977 N OLDEN AVE SUITE 238
EWING,NJ08618 		  PC NEWARK PHILANTHROPIC LIAISON 50,000

COUNCIL OF STATE GOVERNMENTS

1776 AVENUE OF THE STATES
LEXINGTON,KY40511 		  PC REDUCING JUSTICE SYSTEM INVOLVEMENT FOR YOUTH AND YOUNG ADULTS 125,000

COUNSELING IN SCHOOLS INC

505 EIGHTH AVENUE
NEW YORK,NY10018 		  PC HEALING NEWARK'S EDUCATORS 150,000

DETROIT DEVELOPMENT FUND

3031 W GRAND BLVD STE 505
DETROIT,MI48202 		  PC ENTREPRENEURS OF COLOR FUND PROJECT 450,000

DIDTECHNOLOGY INC

261 MADISON AVENUE
NEW YORK,NY10016 		  PC PROGRAMMATIC SUPPORT 265,000

EARN INC

548 MARKET ST
SAN FRANCISCO,CA94104 		  PC SAVERLIFE: BUILDING ECONOMIC MOBILITY FOR WORKING FAMILIES THROUGH COMMUNITY, INSIGHTS AND ADVOCACY, AND EMPLOYER PARTNERSHIPS 200,000

EDUCATION LAW CENTER INC

60 PARK PL STE 300
NEWARK,NJ07102 		  PC SUPPORTING EDUCATION ADVOCACY ON BEHALF OF NJ'S PUBLIC SCHOOL CHILDREN 50,000

GEORGIA RESILIENCE AND OPPORTUNITY FUND INC

PO BOX 4161
ATLANTA,GA30302 		  PC SEED CAPITAL FOR LIFE - A BABY BONDS PILOT PROGRAM 300,000

GI GO FUND INC

PO BOX 1777
NEW BRUNSWICK,NJ08903 		  PC VETERAN DREAM PROJECT 150,000

GIVE2ASIA

2201 BROADWAY
OAKLAND,CA94612 		  PC EDUCATIONAL SUPPORT MODEL 2023 GRANT 150,000

GLOBAL IMPACT INVESTING NETWORK INC

1 BATTERY PARK PLAZA SUITE 202
NEW YORK,NY10004 		  PC SCALING IMPACT INVESTING FOR AN INCLUSIVE, EQUITABLE AND SUSTAINABLE FUTURE 200,000

GRAMEEN AMERICA INC

82-11 37TH AVENUE SUITE 607
JACKSON HTS,NY11372 		  PC WOMEN'S ECONOMIC EMPOWERMENT IN NEWARK 75,000

GREATER NEWARK ENTERPRISES CORPORATION

211 WARREN STREET
NEWARK,NJ07103 		  PC ORGANIZATIONAL CAPACITY BUILDING 470,000

GREENLIGHT FUND INC

50 MILK STREET 16TH FLOOR
BOSTON,MA02109 		  PC GREENLIGHT FUND ORGANIZATION SELECTION SUPPORT 50,000

GROUNDED SOLUTIONS NETWORK

PO BOX 70724
OAKLAND,CA94612 		  PC LASTING HOUSING AFFORDABILITY FOR BLACK WEALTH CREATION 300,000

HAWAII COMMUNITY FOUNDATION

444 HNA HWY
KAHULUI,HI96732 		  PC MATCHING GIFT IN SUPPORT OF RELIEF EFFORTS IN MAUI THROUGH THE HAWAII COMMUNITY FOUNDATIONS MAUI STRONG FUND. 93,110

INTERNATIONAL RESCUE COMMITTEE INC

122 E 42ND ST
NEW YORK,NY10168 		  PC BENEVITY INVOICE MATCHING GIFTS PROGRAM - REPRESENTS DISASTER RELIEF IN RESPONSE TO EARTHQUAKES IN TURKEY AND SYRIA (MONTH OF FEBRUARY 2023) 25,000

INTERNATIONAL RESCUE COMMITTEE INC

122 E 42ND ST
NEW YORK,NY10168 		  PC TURKEY/SYRIA EARTHQUAKE EMERGENCY APPEAL 150,000

INTERNATIONAL RESCUE COMMITTEE INC

122 E 42ND ST
NEW YORK,NY10168 		  PC CONDITIONAL GRANT - NON-U.S.-BASED EMPLOYEE MATCH FOR EARTHQUAKE RESPONSE IN SYRIA AND TURKEY 14,403

INTERNATIONAL RESCUE COMMITTEE INC

122 E 42ND ST
NEW YORK,NY10168 		  PC LIBYA FLOODS EMERGENCY APPEAL 100,000

INVEST NEWARK

111 MULBERRY STREET AT MARKET
STREET SUITE 1
NEWARK,NJ07102 		  PC EQUITABLE INVESTMENTS IN NEWARK COMMUNITIES 75,000

INVEST NEWARK

111 MULBERRY STREET AT MARKET
STREET SUITE 1
NEWARK,NJ07102 		  PC MEETING THE NEEDS OF NEWARK: IDENTIFYING OPPORTUNITY + TAKING ACTION 200,000

IRONBOUND COMMUNITY CORPORATION

315-317 ELM STREET
NEWARK,NJ07105 		  PC GENERAL OPERATING SUPPORT WITH A FOCUS ON ICC'S ADVOCACY AND ORGANIZING / HOUSING JUSTICE WORK 200,000

LA CASA DE DON PEDRO INC

75 PARK AVENUE
NEWARK,NJ07104 		  PC COMMUNITY EMPOWERMENT, EDUCATION, AND NEIGHBORHOOD REVITALIZATION IN GREATER NEWARK 200,000

LEADERSHIP NEW JERSEY INC

174 NASSAU STREET SUITE 2500
PRINCETON,NJ08542 		  PC LEAD NEW JERSEY 2023 FELLOWSHIP PROGRAM 50,000

LEADERSHIP NEWARK INC

494 BROAD STREET
NEWARK,NJ07102 		  PC LEADERSHIP NEWARK PUBLIC POLICY FELLOWSHIP 95,000

LIFT INC

999 NORTH CAPITOL ST NE
WASHINGTON,DC20002 		  PC LIFTS VISION FOR SCALED IMPACT 500,000

LINCOLN PARK COAST CULTURAL DISTRICT INC

450 WASHINGTON ST
NEWARK,NJ07102 		  PC LINCOLN PARK 2.0 150,000

LIVING CITIES INC THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE

1730 M ST NW STE 400
WASHINGTON,DC20036 		  PC ADVANCING RACIAL WEALTH EQUITY (GENERAL OPERATING SUPPORT) 150,000

METRO DETROIT BLACK CHAMBER OF COMMERCE FOUNDATION

1234 WASHINGTON BLVD
DETROIT,MI48226 		  PC METRO DETROIT BLACK BUSINESS ALLIANCE PROGRAM AND BLACK WEALTH TOURS 300,000

MILITARY SPOUSE CORPORATE CAREER NETWORK INC

5445 MURRELL ROAD
FORT MYERS,FL32955 		  PC ARM-ME-UP ARMY MILITARY SPOUSE CAREER CAMPAIGN PROVIDING ARMY SPOUSES WITH UPSKILLING, RESKILLING, JOB READINESS, JOB QUALITY AND EQUALITY 200,000

MOREHOUSE COLLEGE

830 WESTVIEW DRIVE SW
ATLANTA,GA30314 		  PC BLACK EMPLOYEE OWNERSHIP FOR INCLUSIVE ECONOMICS 200,000

MULTIPLIER

548 MARKET STREET
SAN FRANCISCO,CA941045401 		  PC SCALING EMPLOYEE OWNERSHIP TO INCREASE RACIAL EQUITY 800,000

MYPATH

2430 MISSION STREET
SAN FRANCISCO,CA94110 		  PC SCALING YOUTH FINANCIAL CAPABILITY WITHIN NATIONAL YOUTH-SERVING NETWORKS 600,000

NATIONAL DISABILITY INSTITUTE INC

1701 K ST NW
WASHINGTON,DC20006 		  PC REALIZING THE PROMISE OF THE ABLE ACT: FINANCIAL HEALTH FOR PEOPLE AND FAMILIES WITH DISABILITIES 500,000

NATIONAL FUND FOR WORKFORCE SOLUTIONS

1250 CONNECTICUT AVE NW STE 200
WASHINGTON,DC20036 		  PC CENTERING WORKERS TO EXPAND JOB QUALITY AND PROMOTE EQUITY 800,000

NATIONAL ORGANIZATION ON DISABILITY

77 WATER STREET
NEW YORK,NY10005 		  PC NOD 3.0: ITERATING ON SUCCESS, EXPANDING OPPORTUNITY 500,000

NEW COMMUNITY CORPORATION

233 W MARKET ST
NEWARK,NJ07103 		  PC STRATEGIC PLANNING 95,000

NEW GROWTH INNOVATION NETWORK

2103 CORAL WAY STE 200
MIAMI,FL33145 		  PC FROM NATIONAL TO LOCAL: ADVANCING WORKER EQUITY AND CIVIC INFRASTRUCTURE IN NEWARK 50,000

NEW GROWTH INNOVATION NETWORK

2103 CORAL WAY STE 200
MIAMI,FL33145 		  PC IMPLEMENTING FOR SUCCESS: ADVANCING INCLUSIVE ECONOMIC DEVELOPMENT IN NEWARK 150,000

NEW JERSEY CITIZEN ACTION EDUCATION FUND INC

625 BROAD ST STE 270
NEWARK,NJ07102 		  PC 2023 ECONOMIC JUSTICE CAMPAIGN 125,000

NEW JERSEY INSTITUTE FOR SOCIAL JUSTICE INC

60 PARK PLACE
NEWARK,NJ07102 		  PC BUILDING AN EQUITABLE NEW JERSEY 500,000

NEW JERSEY INSTITUTE OF TECHNOLOGY FOUNDATION

323 DR MARTIN LUTHER KING JR BLVD
NEWARK,NJ07102 		  PC AIRPORT CITY NEWARK COALITION COORDINATION AND COMMUNITY ADVOCACY 65,000

NEW JERSEY PERFORMING ARTS CENTER CORPORATION

1 CENTER STREET
NEWARK,NJ07102 		  PC NJPAC: ANCHORING NEWARKS NEXT CHAPTER 942,423

NEW JERSEY SYMPHONY ORCHESTRA

60 PARK PLACE
NEWARK,NJ07102 		  PC GENERAL OPERATING SUPPORT FOR ARTISTIC OPERATIONS AND EDUCATION, AND COMMUNITY ENGAGEMENT PROGRAMS 125,000

NEW JERSEY TUTORING CORPS INC

35 KNOX HILL RD
MORRISTOWN,NJ07960 		  PC STRENGTHENING SKILLS OF NEWARK SCHOLARS THROUGH HIGH-DOSAGE TUTORING 75,000

NEW VENTURE FUND

1828 L STREET NW
WASHINGTON,DC20036 		  PC ANTI RACISM AND INTERSECTIONAL JUSTICE FUND 75,000

NEWARK ALLIANCE INC

60 PARK PL STE 604
NEWARK,NJ07102 		  PC INCLUSIVE ECONOMIC PROSPERITY INITIATIVES 900,000

NEWARK ARTS COUNCIL

17 ACADEMY ST 702
NEWARK,NJ07102 		  PC EQUITABLE CULTURAL EMPOWERMENT FOR NEWARKS RECOVERY, VIBRANCY AND WELL-BEING 337,500

NEWARK COMMUNITY STREET TEAM INC

915 SOUTH 16TH ST
NEWARK,NJ07108 		  PC ENHANCING PUBLIC SAFETY AND HEALTH WHILE ACCELERATING ECONOMIC GROWTH AND PROSPERITY IN THE BLACK, BROWN, AND SYSTEMS IMPACTED COMMUNITIES OF NEWARK AND NJ 272,834

NEWARK COMMUNITY STREET TEAM INC

915 SOUTH 16TH ST
NEWARK,NJ07108 		  PC NEWARK STAYS NEXT CHAPTER: ORGANIZING FOR LASTING CHANGE IN NEWARKS COMMUNITIES 200,000

NEWARK MUSEUM ASSOCIATION

49 WASHINGTON STREET
NEWARK,NJ07102 		  PC DRIVING EQUITY AND GROWTH 350,000

NEWARK PERFORMING ARTS CORPORATION

1030 BROAD ST
NEWARK,NJ07102 		  PC NEWARK SYMPHONY HALL PROGRAMMING REVITALIZATION 300,000

NEWARK PUBLIC RADIO INC

54 PARK PLACE
NEWARK,NJ07102 		  PC BUILDING CAPACITY FOR WBGO'S FUTURE 60,000

NEWARK SCHOOL OF THE ARTS INC

89 LINCOLN PARK
NEWARK,NJ07102 		  PC CAPITAL CAMPAIGN & GENERAL OPERATING 50,000

NEWARK TRUST FOR EDUCATION INC

494 BROAD STREET SUITE LL30
NEWARK,NJ07102 		  PC AN INFORMED COMMUNITY OF CARING ADULTS CIVICALLY ENGAGED IN STUDENT SUCCESS 225,000

NONPROFIT FINANCE FUND

5 HANOVER SQUARE
NEW YORK,NY10004 		  PC NEWARK NONPROFIT CAPACITY ACCELERATOR 2.0 800,000

NPOWER INC

55 WASHINGTON STREET SUITE 560
BROOKLYN,NY11201 		  PC NPOWER NEW JERSEY TECH FUNDAMENTALS IT TRAINING AND JOB PLACEMENT FOR YOUNG ADULTS AND VETERANS 150,000

OWNERSHIP WORKS INC

209 WEST 29TH STREET
NEW YORK,NY10001 		  PC ESTABLISHING A NEW NORMAL FOR CORPORATE AMERICA: EXPANDING BROAD-BASED EMPLOYEE OWNERSHIP PROGRAMS AMONG INVESTORS AND PUBLIC AND PRIVATE COMPANIES 500,000

PACIFIC COMMUNITY VENTURES

1714 FRANKLIN STREET SUITE 100 347
OAKLAND,CA94612 		  PC FACTORS INFLUENCING RETIREMENT SAVINGS ADOPTION AMONG SMALL BUSINESS OWNERS OF COLOR AND WORKERS 95,000

PER SCHOLAS INC

804 E 138TH STREET 2
BRONX,NY10454 		  PC PER SCHOLAS NEWARK IT JOB TRAINING 335,000

POLICYLINK

1438 WEBSTER STREET SUITE 303
OAKLAND,CA946123228 		  PC WINNING ON EQUITY IN PLACES 700,000

RISING TIDE CAPITAL INC

311 MARTIN LUTHER KING JR DRIVE
JERSEY CITY,NJ07305 		  PC SMALL BUSINESS RESILIENCE, RECOVERY AND GROWTH INITIATIVE 300,000

ROC USA LLC

6 LOUDON RD STE 501
CONCORD,NH03301 		  PC WEALTH-BUILDING THROUGH RESIDENT OWNERSHIP 300,000

RUTGERS THE STATE UNIVERSITY OF NJ

33 KNIGHTSBRIDGE
PISCATAWAY,NJ08854 		  PC LEVERAGING COLLECTIVE PARTNERSHIPS TO ENSURE A COLLEGE GOING CULTURE 150,000

RUTGERS THE STATE UNIVERSITY OF NJ

33 KNIGHTSBRIDGE
PISCATAWAY,NJ08854 		  PC RUTGERS FUTURE SCHOLARS NEWARK 75,000

RUTGERS THE STATE UNIVERSITY OF NJ

33 KNIGHTSBRIDGE
PISCATAWAY,NJ08854 		  PC EMPLOYEE OWNERSHIP IDEAS FORUM AND SHARES LABORATORY 95,000

RUTGERS THE STATE UNIVERSITY OF NJ

33 KNIGHTSBRIDGE
PISCATAWAY,NJ08854 		  PC NEWARK PUBLIC SAFETY COLLABORATIVE (NPSC) 300,000

RUTGERS UNIVERSITY FOUNDATION

7 COLLEGE AVENUE
NEW BRUNSWICK,NJ08901 		  PC EXECUTIVE DIRECTOR OF NEWARK CITY OF LEARNING COLLABORATIVE -41

RUTGERS UNIVERSITY FOUNDATION

335 GEORGE ST SUITE 4000
NEW BRUNSWICK,NJ08901 		  PC THE PRUDENTIAL SCHOLARS PROGRAM 1,697,015

SMALL BUSINESS MAJORITY FOUNDATION INC

1015 15TH STREET NW
WASHINGTON,DC20005 		  PC INCREASING ACCESS TO CAPITAL FOR GEORGIAS SMALL BUSINESS COMMUNITY 150,000

SOCIAL FINANCE INC

2 ATLANTIC AVE 5TH FLOOR
BOSTON,MA02110 		  PC SCALING INNOVATIVE MODELS FOR ECONOMIC OPPORTUNITY 1,000,000

SOUTH WARD ALLIANCE

100 WASHINGTON STREET FLOOR 2
NEWARK,NJ07102 		  PC SOUTH WARD PROMISE ECONOMIC MOBILITY 300,000

ST BENEDICTS PREPARATORY SCHOOL INC

520 DR MARTIN LUTHER KING JR BLVD
NEWARK,NJ07102 		  PC GENERAL OPERATING SUPPORT FOR ST. BENEDICT'S PREP WHICH PROVIDES A HIGH QUALITY EDUCATIONAL EXPERIENCE FOR UNDERSERVED, INNER-CITY CHILDREN 50,000

SYRACUSE UNIVERSITY

SYRACUSE UNIVERSITY 150 S CROUSE
BARCLAY LIBRARY
SYRACUSE,NY13244 		  PC ONWARD TO OPPORTUNITY 150,000

TEAM RUBICON

5230 PACIFIC CONCOURSE DRIVE SUITE
200
LOS ANGELES,CA90045 		  PC TEAM RUBICON UNRESTRICTED READY RESERVE 150,000

THE ASPEN INSTITUTE INC

2300 N STREET
WASHINGTON,DC20037 		  PC THE FUTURE OF WORK AND WEALTH: SCALING SOLUTIONS FOR WORKER RESILIENCE AND RACIAL EQUITY-FOUNDATION 677,469

THE ASPEN INSTITUTE INC

2300 N STREET
WASHINGTON,DC20037 		  PC ASPEN PHILANTHROPY GROUP ANNUAL MEMBERSHIP CONTRIBUTION (2024) 30,000

THE ASPEN INSTITUTE INC

2300 N STREET
WASHINGTON,DC20037 		  PC GLOBAL NETWORK BUILDING AND CAPACITY STRENGTHENING FOR OPPORTUNITY YOUTH 1,300,000

THE ASPEN INSTITUTE INC

2300 N STREET
WASHINGTON,DC20037 		  PC ASPEN OPPORTUNITY YOUTH FORUM & FUND 200,000

THE BARACK OBAMA FOUNDATION

5235 S HARPER CT STE 1140
CHICAGO,IL60615 		  PC A MORE INCLUSIVE AMERICA MUSEUM EXHIBIT, THE OBAMA PRESIDENTIAL CENTER 1,677,689

THE BARACK OBAMA FOUNDATION

5235 S HARPER CT STE 1140
CHICAGO,IL60615 		  PC MY BROTHER'S KEEPER ALLIANCE 655,000

THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC

191 PEACHTREE STREET NE
ATLANTA,GA30303 		  PC ATLANTA SMALL BUSINESS AND COMMUNITY GRANT INITIATIVE 500,000

THE DISABILITY FUND INC

265 SUNRISE HIGHWAY
ROCKVILLE CTR,NY11570 		  PC RENT-TO-OWN HOUSING SOLUTIONS FOR PEOPLE WITH DISABILITIES 90,000

THE FORUM FOR YOUTH INVESTMENT

7064 EASTERN AVE NW
WASHINGTON,DC20012 		  PC ADVANCING POLICY AND SYSTEM CHANGE FOR AND WITH OPPORTUNITY YOUTH 100,000

THE KNOWLEDGE HOUSE FELLOWSHIP INC

79 ALEXANDER AVENUE STE 51A
BRONX,NY10454 		  PC THE KNOWLEDGE HOUSE INNOVATION FELLOWSHIP AND DIGITAL LITERACY WORKSHOP SERIES 120,000

THE UNIVERSITY OF TEXAS AT EL PASO

500 W UNIVERSITY AVE
EL PASO,TX79968 		  GOV RISK MANAGEMENT AND ADVANCING LATINX IN THE ACTUARY PROFESSION 150,000

TRAGEDY ASSISTANCE PROGRAM FOR SURVIVORS

3033 WILSON BLVD
ARLINGTON,VA22201 		  PC TAPS NATIONAL MILITARY SURVIVOR HELPLINE 500,000

TRUSTEES OF BOSTON UNIVERSITY

595 COMMONWEATLH AVENUE SUITE 700
BOSTON,MA02215 		  PC ASSESSING U.S. EMPLOYEE OWNERSHIP DISCLOSURE TRENDS 95,000

UNIDOSUS

1126 16TH ST NW
WASHINGTON,DC20036 		  PC FINANCIAL EMPOWERMENT AND NARROWING THE WEALTH GAP 200,000

UNIFIED VAILSBURG SERVICES

1044 SOUTH ORANGE AVENUE
NEWARK,NJ07106 		  PC CAPACITY-BUILDING 150,000

UNITED NEGRO COLLEGE FUND INC

1805 7TH STREET NW
WASHINGTON,DC20001 		  PC ADVANCING CAPACITY BUILDING EFFORTS FOR HBCUS 400,000

UNITED SERVICE ORGANIZATIONS INC

2111 WILSON BLVD
ARLINGTON,VA22201 		  PC USO TRANSITIONS 100,000

UNITED STATES FUND FOR UNICEF

125 MAIDEN LANE
NEW YORK,NY10038 		  PC MOROCCO COUNTRY SUPPORT 100,000

UNITED WAY INC

30 LAUREL STREET
HARTFORD,CT06106 		  PC EXPANDING OPPORTUNITIES FOR LOW-SKILLED WORKERS IN TARGETED INDUSTRY SECTORS 150,000

UNITED WAY OF ESSEX AND WEST HUDSON

50 PARK PLACE
NEWARK,NJ07102 		  PC STRENGTHENING OUT-OF-SCHOOL TIME OPPORTUNITIES THROUGH QUALITY IMPROVEMENT AND CAPACITY BUILDING 100,000

UNITED WAY OF ESSEX AND WEST HUDSON

50 PARK PLACE
NEWARK,NJ07102 		  PC NEWARK ASSET BUILDING COALITION 150,000

URBAN INSTITUTE

500 LENFANT PLZ SW
WASHINGTON,DC20024 		  PC ADDRESSING THE RACIAL WEALTH GAP BY DEVELOPING FINANCIAL RESILIENCE IN FINANCIAL ASSETS AMID ADVERSE MACROECONOMIC SHOCKS: RESEARCH TO INFORM INNOVATIONS IN POLICY AND PRACTICE 290,000

URBAN LEAGUE OF ESSEX COUNTY

508 CENTRAL AVE
NEWARK,NJ07107 		  PC PATHWAYS TO HOMEOWNERSHIP 150,000

US CHAMBER OF COMMERCE FOUNDATION

1615 H ST NW
WASHINGTON,DC20062 		  PC 2024 RESILIENCE AND DISASTER RESPONSE PORTFOLIO SUPPORT 25,000

US-JAPAN COUNCIL

1819 L STREET NW
WASHINGTON,DC20036 		  PC TOMODACHI ALUMNI LEADERSHIP PROGRAM, PHASE IV 250,000

WASHINGTON UNIVERSITY

CAMPUS BOX 1082
ST LOUIS,MO63130 		  PC RETIREMENT WITH DIGNITY: CHALLENGES AND OPPORTUNITIES FOR THE SECURE 2.0 ACT 350,000

WORKERS LAB

1111 BROADWAY FL 3
OAKLAND,CA94607 		  PC INNOVATION AND INVESTMENTS IN SERVICE OF WORKERS 500,000

YOUTHBUILD NEWARK

571 CENTRAL AVENUE
NEWARK,NJ07107 		  PC SCALING AND SETTING THE STAGE FOR SYSTEMS CHANGE IN NEW JERSEY 1,000,000

YOUTHBUILD USA INC

1785 COLUMBUS AVENUE
ROXBURY,MA02119 		  PC COORDINATING AND STRENGTHENING YOUTHBUILD USAS GLOBAL NETWORK 800,000

LOCAL INITIATIVES SUPPORT CORPORATION

28 LIBERTY STREET
NEW YORK,NY10005 		  PC HOUSING DEVELOPMENT TRAINING INSTITUTE(HDTI) - COACHING TO RESULTS 300,000
Total .................................right arrow 3a 43,342,135
bApproved for future payment

ALVIN AILEY DANCE FOUNDATION INC
THE JOAN WEILL CENTER FOR DANCE
NEW YORK,NY10019 		  PC ALVIN AILEY DANCE FOUNDATION, INC. 200,000

AMERICAN NATIONAL RED CROSS
431 18TH ST NW
WASHINGTON,DC20006 		  PC MIDDLE EAST CRISIS 300

BOYS AND GIRLS CLUBS OF NEWARK INC
1 AVON AVE
NEWARK,NJ07108 		  PC BOYS AND GIRLS CLUB OF NEWARK, FOUNDATIONS OF TRANSFORMATION, YEAR 5 AND 6 OF 7 200,000

BRAVEN INCORPORATED
100 N LASALLE STREET
CHICAGO,IL60602 		  PC ACCELERATING ECONOMIC MOBILITY FOR RUTGERS-NEWARK COLLEGE STUDENTS THROUGH BRAVEN AUTO-ENROLLMENT 250,000

BRAZIL FOUNDATION
216 EAST 45TH STREET
NEW YORK,NY10017 		  PC SUPPORTING VULNERABLE YOUTH TO ACCESS THE FORMAL JOB MARKET AND SUCCESSFUL ENTREPRENEURIAL ENDEAVORS 600,000

COMMUNITY FOOD BANK OF NEW JERSEY INC
31 EVANS TERMINAL
HILLSIDE,NJ072052400 		  PC FOOD SERVICE AND WAREHOUSE LOGISTIC WORKFORCE DEVELOPMENT PROGRAMS 100,000

COMMUNITY FOUNDATION OF NEW JERSEY
PO BOX 338
MORRISTOWN,NJ07963 		  PC CITY OF NEWARK SUMMER YOUTH EMPLOYMENT PROGRAM 125,000

COMMUNITY FOUNDATION OF NEW JERSEY
PO BOX 338
MORRISTOWN,NJ07963 		  PC NEWARK PUBLIC LIBRARY SUPPORT 200,000

COORDINATED ASSISTANCE NETWORK
6752 W GULF TO LAKE HWY
CRYSTAL RIVER,FL34429 		  PC MISSION FINANCIAL FREEDOM: A VETERAN JOURNEY TO WEALTH BUILDING 250,000

GI GO FUND INC
PO BOX 1777
NEW BRUNSWICK,NJ08903 		  PC VETERAN DREAM PROJECT 100,000

GIVE2ASIA
2201 BROADWAY
OAKLAND,CA94612 		  PC EDUCATIONAL SUPPORT MODEL 2023 GRANT 150,000

GREENLIGHT FUND INC
50 MILK STREET 16TH FLOOR
BOSTON,MA02109 		  PC GREENLIGHT FUND ORGANIZATION SELECTION SUPPORT 50,000

GROUNDED SOLUTIONS NETWORK
PO BOX 70724
OAKLAND,CA94612 		  PC LASTING HOUSING AFFORDABILITY FOR BLACK WEALTH CREATION 150,000

INVEST NEWARK
111 MULBERRY STREET AT MARKET
STREET SUITE 1
NEWARK,NJ07102 		  PC EQUITABLE INVESTMENTS IN NEWARK COMMUNITIES 75,000

IRONBOUND COMMUNITY CORPORATION
315-317 ELM STREET
NEWARK,NJ07105 		  PC GENERAL OPERATING SUPPORT WITH A FOCUS ON ICC'S ADVOCACY AND ORGANIZING / HOUSING JUSTICE WORK 200,000

LA CASA DE DON PEDRO INC
75 PARK AVENUE
NEWARK,NJ07104 		  PC COMMUNITY EMPOWERMENT, EDUCATION, AND NEIGHBORHOOD REVITALIZATION IN GREATER NEWARK 200,000

LINCOLN PARK COAST CULTURAL DISTRICT INC
450 WASHINGTON ST
NEWARK,NJ07102 		  PC LINCOLN PARK 2.0 150,000

MULTIPLIER
548 MARKET STREET
SAN FRANCISCO,CA941045401 		  PC SCALING EMPLOYEE OWNERSHIP TO INCREASE RACIAL EQUITY 1,200,000

MYPATH
2430 MISSION STREET
SAN FRANCISCO,CA94110 		  PC SCALING YOUTH FINANCIAL CAPABILITY WITHIN NATIONAL YOUTH-SERVING NETWORKS 400,000

NATIONAL FUND FOR WORKFORCE SOLUTIONS
1250 CONNECTICUT AVE NW STE 200
WASHINGTON,DC20036 		  PC CENTERING WORKERS TO EXPAND JOB QUALITY AND PROMOTE EQUITY 1,200,000

NEW GROWTH INNOVATION NETWORK
2103 CORAL WAY STE 200
MIAMI,FL33145 		  PC IMPLEMENTING FOR SUCCESS: ADVANCING INCLUSIVE ECONOMIC DEVELOPMENT IN NEWARK 115,000

NEW JERSEY PERFORMING ARTS CENTER CORPORATION
1 CENTER STREET
NEWARK,NJ07102 		  PC NJPAC: ANCHORING NEWARKS NEXT CHAPTER 1,057,577

NEW JERSEY SYMPHONY ORCHESTRA
60 PARK PLACE
NEWARK,NJ07102 		  PC GENERAL OPERATING SUPPORT FOR ARTISTIC OPERATIONS AND EDUCATION, AND COMMUNITY ENGAGEMENT PROGRAMS 125,000

NEWARK ALLIANCE INC
60 PARK PL STE 604
NEWARK,NJ07102 		  PC INCLUSIVE ECONOMIC PROSPERITY INITIATIVES 800,000

NEWARK PUBLIC RADIO INC
54 PARK PLACE
NEWARK,NJ07102 		  PC BUILDING CAPACITY FOR WBGO'S FUTURE 60,000

NONPROFIT FINANCE FUND
5 HANOVER SQUARE
NEW YORK,NY10004 		  PC NEWARK NONPROFIT CAPACITY ACCELERATOR 2.0 400,000

OWNERSHIP WORKS INC
209 WEST 29TH STREET
NEW YORK,NY10001 		  PC ESTABLISHING A NEW NORMAL FOR CORPORATE AMERICA: EXPANDING BROAD-BASED EMPLOYEE OWNERSHIP PROGRAMS AMONG INVESTORS AND PUBLIC AND PRIVATE COMPANIES 500,000

POLICYLINK
1438 WEBSTER STREET SUITE 303
OAKLAND,CA946123228 		  PC WINNING ON EQUITY IN PLACES 1,300,000

SOCIAL FINANCE INC
2 ATLANTIC AVE 5TH FLOOR
BOSTON,MA02110 		  PC SCALING INNOVATIVE MODELS FOR ECONOMIC OPPORTUNITY 1,000,000

THE ASPEN INSTITUTE INC
2300 N STREET
WASHINGTON,DC20037 		  PC GLOBAL NETWORK BUILDING AND CAPACITY STRENGTHENING FOR OPPORTUNITY YOUTH 2,200,000

THE BARACK OBAMA FOUNDATION
5235 S HARPER CT STE 1140
CHICAGO,IL60615 		  PC MY BROTHER'S KEEPER ALLIANCE 655,000

THE UNIVERSITY OF TEXAS AT EL PASO
500 W UNIVERSITY AVE
EL PASO,TX79968 		  GOV RISK MANAGEMENT AND ADVANCING LATINX IN THE ACTUARY PROFESSION 150,000

UNITED SERVICE ORGANIZATIONS INC
2111 WILSON BLVD
ARLINGTON,VA22201 		  PC USO TRANSITIONS 100,000

URBAN INSTITUTE
500 LENFANT PLZ SW
WASHINGTON,DC20024 		  PC ADDRESSING THE RACIAL WEALTH GAP BY DEVELOPING FINANCIAL RESILIENCE IN FINANCIAL ASSETS AMID ADVERSE MACROECONOMIC SHOCKS: RESEARCH TO INFORM INNOVATIONS IN POLICY AND PRACTICE 490,000

URBAN LEAGUE OF ESSEX COUNTY
508 CENTRAL AVE
NEWARK,NJ07107 		  PC PATHWAYS TO HOMEOWNERSHIP 150,000

US-JAPAN COUNCIL
1819 L STREET NW
WASHINGTON,DC20036 		  PC TOMODACHI ALUMNI LEADERSHIP PROGRAM, PHASE IV 250,000

YOUTHBUILD NEWARK
571 CENTRAL AVENUE
NEWARK,NJ07107 		  PC SCALING AND SETTING THE STAGE FOR SYSTEMS CHANGE IN NEW JERSEY 1,400,000

YOUTHBUILD USA INC
1785 COLUMBUS AVENUE
ROXBURY,MA02119 		  PC COORDINATING AND STRENGTHENING YOUTHBUILD USAS GLOBAL NETWORK 700,000
Total ................................. right arrow 3b 17,252,877
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 3,250,841  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....         309,130
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -6,158,443  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 -2,907,602 309,130
13Total. Add line 12, columns (b), (d), and (e)..................
13
-2,598,472
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
7 INTEREST INCOME GENERATED FROM PROGRAM-RELATED INVESTMENTS
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE PRUDENTIAL FOUNDATION
 
Employer identification number

22-2175290
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE PRUDENTIAL FOUNDATION
  		Employer identification number
22-2175290
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
PRUDENTIAL INSURANCE COMPANY OF AMERICA
 
751 BROAD ST 6TH FL
 
NEWARK, NJ07102

$ 35,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE PRUDENTIAL FOUNDATION
  		Employer identification number

22-2175290
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE PRUDENTIAL FOUNDATION
  		Employer identification number

22-2175290
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE PRUDENTIAL FOUNDATION
EIN:
22-2175290
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT FEES 59,750 0 0 59,750

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE PRUDENTIAL FOUNDATION
EIN:
22-2175290
Name of Bond End of Year Book Value End of Year Fair Market Value
PGIM CORE PLUS FUND 19,318,390 19,318,390
PGIM CORE BOND 19,305,973 19,305,973

TY 2023 InvestmentsCorpStockSchedule
Name:
THE PRUDENTIAL FOUNDATION
EIN:
22-2175290
Name of Stock End of Year Book Value End of Year Fair Market Value
PREFERRED STOCKS 172,316 172,316

TY 2023 OtherAssetsSchedule
Name:
THE PRUDENTIAL FOUNDATION
EIN:
22-2175290
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PROGRAM RELATED INVESTMENTS 21,886,525 20,951,268 20,951,268
INTEREST RECEIVABLE FROM PROG. RELATED INVESTMENTS 49,437 39,634 39,634
FEDERAL INCOME TAXES RECEIVABLE 30,242 52,445 52,445


TY 2023 OtherExpensesSchedule
Name:
THE PRUDENTIAL FOUNDATION
EIN:
22-2175290
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER EXPENSES FROM PARTNERSHIPS 0 299,400 0 0
PROVISION FOR CREDIT LOSSES ON PROGRAM RELATED INVESTMENTS 84,015 0 0 0


TY 2023 OtherIncomeSchedule2
Name:
THE PRUDENTIAL FOUNDATION
EIN:
22-2175290
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INTEREST ON PROGRAM-RELATED INVESTMENTS 309,130 309,130 0
OTHER INCOME FROM PARTNERSHIPS 0 55,417 0


TY 2023 OtherIncreasesSchedule
Name:
THE PRUDENTIAL FOUNDATION
EIN:
22-2175290
Description Amount
UNREALIZED GAINS ON INVESTMENTS 5,998,314


TY 2023 OtherProfessionalFeesSchedule
Name:
THE PRUDENTIAL FOUNDATION
EIN:
22-2175290
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER CONSULTANT FEES 250,020 0 0 230,567
INVESTMENT MANAGEMENT FEES 0 173,595 0 0


TY 2023 TaxesSchedule
Name:
THE PRUDENTIAL FOUNDATION
EIN:
22-2175290
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX - CURRENT 47,798 0 0 0