Prudential Foundation Donates More Than $250,000 to Hundreds of Local
Nonprofits to Honor Employee Volunteer Service
NEWARK, N.J. -- December 04, 2012
Prudential Financial, Inc. [NYSE:PRU] recently presented awards to more than
525 of its employees around the world and grants totaling $252,250 to the
community based non-profit organizations with which they volunteer.
The donations were made through two special programs that each year honor
employees for the volunteer service they provide to local non-profit
organizations. One program, Skills in Service Awards, selects 25 employees who
best demonstrate how they have used or developed their work skills and
leadership qualities while coordinating their volunteer service project. This
year, 25 non-profit organizations will each receive a $5000 grant from The
Prudential Foundation, for a total of $125,000.
The Hands for Service Awards program recognized employees who volunteered 40
hours or more with an eligible non-profit organization. This year, 509
employees – 482 in the United States and 27 in overseas offices – each earned
$250 grants for a total of $127,250 for the non-profit organizations they
volunteered with last year.
“We are inspired by the dedication and commitment of our volunteers who give
so much of their time and talent to support the missions of non-profit
organizations in their communities,” said Lata Reddy, vice president,
Corporate Social Responsibility, at Prudential and president of The Prudential
The Prudential Foundation is a not-for-profit corporation supported by The
Prudential Insurance Company of America, a subsidiary of Prudential Financial,
Inc. The Prudential Foundation focuses its grant making strategy in the areas
of education, economic development and arts and civic infrastructure and it
supports community engagement efforts of Prudential employees through Matching
Gifts and other programs that recognize their volunteer work.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with
approximately $1.005 trillion of assets under management as of September 30,
2012, has operations in the United States, Asia, Europe, and Latin America.
Prudential’s diverse and talented employees are committed to helping
individual and institutional customers grow and protect their wealth through a
variety of products and services, including life insurance, annuities,
retirement-related services, mutual funds and investment management. In the
U.S., Prudential’s iconic Rock symbol has stood for strength, stability,
expertise and innovation for more than a century. For more information, please
Prudential Financial, Inc.
Harold Banks, 973-802-8974
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