NEWARK, N.J., May 11, 2016 /PRNewswire/ -- Newark has been the home of PSEG's corporate headquarters since the company was founded in 1903. This year, PSEG is giving back to its home city by supporting Newark's 350th anniversary.
"For 350 years, America's third-oldest, and New Jersey's largest city has been the state's center for industry, education, commerce, and the arts," said Ralph Izzo, Chairman of PSEG and Vice Chairman of the Newark 350 committee. "PSEG has been part of this community for more than 100 years and Newark's 350th anniversary is the perfect time for everyone in Newark to celebrate the city's accomplishments and the rich diversity of it its citizens."
In celebration of Newark's 350th, PSEG and the PSEG Foundation have committed more than $500,000 to organizations and events throughout the city that celebrate the richness of Newark's history and current residents.
Upcoming events include: Founders Weekend Festival (Military Park, Newark - May 13, 14 and 15), True Diversity Series film and discussion featuring Akeelah and the Bee (NJ Performing Arts Center, May 22 at 3 p.m.), and Library Day (Newark Public Library, September). More information on additional events will be shared as they become available.
Additionally, the PSEG Foundation is partnering with the 100 People Foundation to create a vibrant portrait of current Newark residents. Through a series of 100 photographs and on-camera interviews, the 100 People Foundation will celebrate the city's rich history and culture, and create a legacy gift for the city to mark this major milestone.
PSEG also will be showcasing art featuring the City of Newark or work done by local Newark artists in PSEG's corporate headquarters lobby during the summer as well as at the Downtown Newark Farmer's Market located in the Plaza.
PSEG will focus several of its PSEG Foundation supported programs to Newark residents this summer. This includes the distribution of emergency planning kits to Newark seniors in July through the Jewish Family Services of Essex.
PSEG is encouraging all of its employees to support Newark 350 as well. The PSEG Foundation matched donations by employees during the Newark 350 Day of Giving on May 3, helping five legacy projects that will generate long lasting benefits for the city.
Efforts for Newark 350 are in addition to PSEG's ongoing commitment to Newark, which remains as strong as ever. PSEG's positive impact on the city includes 1,700 employees who work and spend money in Newark as well as 170 employees who live in the city. PSEG bought more than $57 million worth of goods and services from Newark-based businesses in 2015 and contributed more than $2 million to Newark based organizations and charities.
To read more about PSEG's support of Newark, read the latest PSEG Energize! blog post at https://energizepseg.com/2016/05/10/happy-350th-birthday-newark
The PSEG Foundation (501c3) is the philanthropic arm of Public Service Enterprise Group (NYSE: PEG). The Foundation invests in programs that align with our giving focus areas: Sustainable Neighborhoods, STEM Education, Safety and Preparedness and PSEG Employee Engagement/Volunteerism. The PSEG family of companies also provides funding to improve the quality of life in the communities we serve. Through our corporate giving, we support dinners and other events across our service and operating territories, as well as sponsorships for sports, arts and entertainment. PSEG (NYSE: PEG) is a diversified energy company based in Newark NJ. PSEG has three main subsidiaries: PSE&G, NJ's largest and oldest combined gas and electric delivery company, PSEG Power, a merchant power generation company and PSEG Long Island, operator of the Long Island Power Authority's transmission and distribution system.
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SOURCE Public Service Enterprise Group (PSEG)