636 Prudential Employees and Retirees Earn More Than $400,000 in Grants for Nonprofits in Their Communities Through 19th Annual Prudential CARES Volunteer Grants Program

“Giving back feels more like a gift to us, rather than from us”

NEWARK, N.J.--(BUSINESS WIRE)-- The Prudential Foundation and Prudential Financial, Inc. (NYSE: PRU), recently provided more than $400,000 in Prudential CARES Volunteer Grants to 589 community organizations in the United States and another 47 internationally. Grants range from $250 to $5,000 for each award winner’s charitable organization.

“Through volunteer work with fire departments, food banks, youth sports programs, arts and cultural organizations and in local schools, Prudential employees around the world are giving nonprofit organizations in their communities the gifts of their time, talent and treasure,” said Gabriella Morris, vice president of Community Resources at Prudential and president of The Prudential Foundation.

“Our Prudential CARES Volunteer Grants program is now in its nineteenth year. There is no more significant way for us to demonstrate Prudential’s continued commitment to supporting volunteerism than to put dollars into the organizations where our volunteers serve,” said Morris. “Prudential employees and retirees continue to amaze and inspire us with their. Many tell us that the time they devote to their causes feels more like receiving a gift than giving one,” adds Morris.

2010 Fast Facts
*		Number of winners
		U.S.: 589
		International: 47
*		Amount awarded
		Total: $400,000+
*		Recipient charities
		636
		“Many of our volunteers tell us that the time they devote to their near-and-dear causes feels more like receiving a gift than giving one,” Gabriella Morris, president of The Prudential Foundation.

The Prudential Foundation is a not-for-profit corporation supported by The Prudential Insurance Company of America, a subsidiary of Prudential Financial, Inc. To promote sustainable communities and improve social outcomes for community residents, The Prudential Foundation focuses its grant making strategy in the areas of education, economic development and arts and civic infrastructure. In addition, the Foundation also supports the community engagement efforts of Prudential employees through Matching Gifts and other special programs that recognize their volunteer efforts. The Prudential Foundation is a unit of Prudential’s Community Resources Department, which also includes the Social Investment Program, which originates and manages socially beneficial investments; and Local Initiatives, which coordinates employee volunteerism and fosters community outreach.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $750 billion of assets under management as of September 30, 2010, 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, investment management, and real estate services. 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 visit http://www.news.prudential.com/.

Editor’s Note:

The Prudential CARES logo is immediately available upon request and Prudential Financial executives are available for interview to discuss this release and additional community outreach efforts by contacting Laura Bennett, Bennett & Company Marketing, 407-478-4040 or [email protected].

Prudential Financial, Inc.Harold Banks, 973-802-8974
[email protected]

Source: Prudential Financial, Inc.