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The Prudential Foundation

EIN: 22-2175290 • Newark, NJ
Total Assets
$77M
Foundation endowment scale
Annual Giving
$41.3M
Annual capital distribution
Typical Grant
$200,000
Most grants: $95K – $350K
Application Status
Invitation Only
Rolling review

About The Prudential Foundation Grantmaking

The Prudential Foundation is an institutional grantmaking foundation headquartered in Newark, NJ (EIN: 22-2175290). According to verified IRS Form 990-PF filings, the foundation maintains $77M in total assets and distributed $41.3M across 469 grants. Its typical award size is $200,000, with the middle 50% of awards falling between $95K and $350K. Its primary funding focus includes Philanthropy & Grantmaking (35%), Community & Economic Dev (27%), Arts, Culture & Humanities (16%), with the highest concentration of grants awarded in NJ (38%) and DC (22%).

Top Funded Causes% Capital
Philanthropy & Grantmaking35%
$26.8M deployed66 awards
Community & Economic Dev27%
$20.2M deployed62 awards
Arts, Culture & Humanities16%
$12.1M deployed31 awards
Human Services & Relief13%
$9.6M deployed51 awards
Social Science9%
$7.2M deployed13 awards
Top Recipient States% Dollars
NJ State Recipients38%
$37.7M funded190 grants
DC State Recipients22%
$21.6M funded63 grants
NY State Recipients17%
$17.1M funded70 grants
DE State Recipients13%
$12.6M funded4 grants
CA State Recipients10%
$10.2M funded33 grants
Grant Size DistributionAward Scale
Major Grants ($100K+)68%
318 large institutional grants
Mid-Sized ($25K–$100K)23%
109 standard program grants
Micro & Small (<$25K)9%
42 grassroots micro-awards
Application Guidelines & DeadlinesPublic Filing Data
Application Policy
Invitation Only / Preselected Grantees
Submission Deadlines

Quarterly review cycles. Applications accepted continuously.

Geographic Focus & Restrictions

Priority given to organizations registered and operating in NJ or regional districts.

Program Officer & Direct Contacts

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Recent Grant AwardsShowing 5 of 469 verified awards
Recipient OrganizationLocationTax YearAward AmountGrant Purpose
American Online Giving FoundationNewark, DE2025$3,847,656Benevity invoice matching gifts & volunteer rewards program
Nonprofit Finance FundNew York, NY2025$2,100,000To support nonprofit finance fund's efforts to strengthen the financial sustainability and impact of newark's community development corporations.
The Barack Obama FoundationChicago, IL2025$1,300,000To sponsor a core exhibit called "a more inclusive america" at the obama presidential center.
Newark Alliance INCNewark, NJ2025$1,200,000To support the newark alliance in galvanizing public and private stakeholders to drive inclusive economic growth and expand economic opportunities for all residents of newark.
The Aspen Institute INCWashington, DC2025$1,100,000To expand the aspen institute's global opportunity youth network to more cities around the world in order to reach and connect one million youth to economic opportunity.
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Frequently Asked Questions about The Prudential Foundation

Does The Prudential Foundation accept unsolicited grant proposals?

The Prudential Foundation operates on an invitation-only basis and primarily funds preselected organizations. Direct unsolicited applications are not currently reviewed.

What is the typical grant size from The Prudential Foundation?

The median grant size from The Prudential Foundation is $200,000, with the middle 50% of awards ranging between $95K and $350K.

What causes does The Prudential Foundation fund?

Over recent Form 990-PF filings, The Prudential Foundation's primary funding areas have been Philanthropy & Grantmaking, Community & Economic Dev, Arts, Culture & Humanities.

How do I contact The Prudential Foundation about a grant?

The Prudential Foundation is headquartered in Newark, NJ. Verified NPO Grant subscribers can access direct program officer telephone extensions, primary office numbers, and detailed submission guidelines.