The Prudential Foundation provides support to innovative direct-service
programs that address the needs of our communities in three areas: Ready
to Learn, Ready to Work, and Ready to Live.
Ready To Learn funds the following types of initiatives:
- Education reform efforts that strengthen public education at the
elementary school level. Within this framework, we will emphasize
systemic school reform; improving the quality of teachers, principals
and other school leaders, and arts education.
- Early childhood care and education initiatives, with an emphasis on
programs that support professional development for pre-kindergarten
through third-grade teachers or create model classrooms.
- Strategies to improve literacy that address professional development
for teachers, family literacy programs or literacy in the early years.
Ready To Work funds the following types of initiatives:
- Job-entry skills that are acquired through initiatives that focus on
school-to-career transition, and workforce development.
- Job-creation strategies that include access to capital,
nonprofit/for-profit ventures, adult and youth entrepreneurship,
financial training, and business attraction/development/retention.
- Decent, affordable housing that is created through programs that
focus on either housing strategies or neighborhood-based activities.
Housing strategies include investment/grant partnerships with
Prudential's Social Investment Program, community development financial
institutions, or technical assistance to Community Development
Organizations. Neighborhood-based activities include community
organizing, neighborhood strategic planning, leadership development and
Ready To Live funds the following types of initiatives:
- Community well-being, which includes initiatives that build healthy
children, youth and families; community-based human services for
underserved populations and high-impact national projects that address
major human services issues affecting children and families.
- Youth development programs that build skills and competencies needed
for young people to function and contribute in life.It includes the
Summer Youth Initiatives , which provides funding for the creation of
employment opportunities for youth, recreation and culturel arts
programs in Newark, Orange, East Orange, Irvington, Elizabeth, Jersey
City, Paterson, and Trenton, NJ. A request for proposal is issued
during the first quarter of the year.
- The Greater Newark Aids Initiative funds HIV/AIDS prevention projects
that serve neark, and the surrounding communities of Orange, East
Orange, Irvington, Elizabeth, Jersey City and Paterson, NJ. Programs
must focus on primary and secondary HIV/AIDS prevention among
populations of highest risk, particularly youth and women or color.
Grants are made through a request for proposal process.
Other Grantmaking Priorities - The Foundation emphasizes direct-service,
rather than policy-oriented grants. The Foundation also has geographic
priorities. In order of emphasis, we fund:
- Programs that serve our headquarters city of Newark and surrounding
New Jersey urban centers.
- Programs in cities where Prudential has a significant presence. These
cities include: Atlanta, Chicago, Hartford, Houston, Jacksonville, Los
Angeles, Minneapolis, Philadelphia and Phoenix.
- The Prudential Neighborhood Partnerships - In Jacksonville, Fl, Los
Angeles, Minneapolis, Newark NJ, and Philadelphia, the foundation
focuses its funding in designated neighborhoods.
- National programs that further our objectives (and can be implemented
or replicated in cities where Prudential has a substantial presence).