Nonprofit · EIN 22-2175290
PRUDENTIAL FOUNDATION INC
Tax-exempt · NEWARK, NJ 07102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $45,279,741 | $43,244,251 | $2,035,490 | $77,044,610 | $15,246,698 | $61,797,912 |
| December 31, 2024 | 990-PF | $35,270,556 | $30,786,124 | $4,484,432 | $71,396,350 | $13,659,424 | $57,736,926 |
| December 31, 2023 | 990-PF | $32,401,528 | $52,090,210 | -$19,688,682 | $76,187,343 | $24,491,047 | $51,696,296 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $42,200,000
- Dividends
- $3,281,085
- Net gain from sales of assets
- -$438,095
- Other income
- $236,751
Expenses
- Grants and similar amounts paid
- $42,944,403
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $41,742,930
- Excise tax on investment income
- $48,539
Balance sheet and other
- Total assets, start of year
- $71,396,350
- Total assets, end of year
- $77,044,610
- Total liabilities, end of year
- $15,246,698
- Net assets, end of year
- $61,797,912
- Fair market value of assets
- $77,044,610
- Qualifying distributions
- $53,024,912
- Net investment income
- $3,705,036
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHANE T HARRIS PRUDENTIAL PLAZA, NEWARK, NJ 07102 | PRESIDENT | 32 | $0 |
| JONATHAN FRANCISCO PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TREASURER | 0.27 | $0 |
| SARAH S KEH PRUDENTIAL PLAZA, NEWARK, NJ 07102 | SECRETARY | 32 | $0 |
| CHARLES LOWREY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE UNTIL JUNE 2025 | 0.17 | $0 |
| LUCIEN ALZIARI PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE UNTIL JUNE 2025 | 0.17 | $0 |
| GILBERT F CASELLAS PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| CAROLINE FEENEY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| SANDRA PIANALTO PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| LATA REDDY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE & CHAIRMAN | 8 | $0 |
| TIMOTHY SCHMIDT PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| JOSEPH MCCARTHY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | ASST. TREASURER UNTIL JUNE 2025 | 0 | $0 |
| MICHAEL SIMONETTI PRUDENTIAL PLAZA, NEWARK, NJ 07102 | CONTROLLER | 0.38 | $0 |
| ROB STEKSON PRUDENTIAL PLAZA, NEWARK, NJ 07102 | INVESTMENT OFFICER | 8 | $0 |
| ANDREW SULLIVAN PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE STARTED JUNE 2025 | 0.17 | $0 |
| ANN KAPPLER PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE STARTED JUNE 2025 | 0.17 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANETTE NILAND PRUDENTIAL PLAZA, NEWARK, NJ 07102 | ASST. TREASURER STARTED JUNE 2025 | 0 | $0 |
990-PF for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHANE T HARRIS PRUDENTIAL PLAZA, NEWARK, NJ 07102 | PRESIDENT | 32 | $0 |
| NANDINI MONGIA PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TREASURER UNTIL FEB. 2024 | 0.27 | $0 |
| JONATHAN FRANCISCO PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TREASURER STARTED IN FEB 2024 | 0.27 | $0 |
| SARAH S KEH PRUDENTIAL PLAZA, NEWARK, NJ 07102 | SECRETARY | 32 | $0 |
| CHARLES LOWREY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| LUCIEN ALZIARI PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| GILBERT F CASELLAS PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| CAROLINE FEENEY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| SANDRA PIANALTO PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| LATA REDDY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE & CHAIRMAN | 8 | $0 |
| TIMOTHY SCHMIDT PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| JOSEPH MCCARTHY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | ASSISTANT TREASURER | 0 | $0 |
| THOMAS LAURITA PRUDENTIAL PLAZA, NEWARK, NJ 07102 | CONTROLLER UNTIL MAY 2024 | 0.38 | $0 |
| MICHAEL SIMONETTI PRUDENTIAL PLAZA, NEWARK, NJ 07102 | CONTROLLER STARTED IN JUNE 2024 | 0.38 | $0 |
| JASON HEATH PRUDENTIAL PLAZA, NEWARK, NJ 07102 | INVESTMENT OFFICER UNTIL JUNE 2024 | 8 | $0 |
| ROB STEKSON PRUDENTIAL PLAZA, NEWARK, NJ 07102 | INVESTMENT OFF. STARTED IN AUG. 2024 | 8 | $0 |
990-PF for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHANE T HARRIS PRUDENTIAL PLAZA, NEWARK, NJ 07102 | PRESIDENT | 32 | $0 |
| NANDINI MONGIA PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TREASURER | 0.27 | $0 |
| SARAH S KEH PRUDENTIAL PLAZA, NEWARK, NJ 07102 | SECRETARY | 32 | $0 |
| CHARLES LOWREY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| LUCIEN ALZIARI PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| GILBERT F CASELLAS PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| CAROLINE FEENEY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| SANDRA PIANALTO PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| LATA REDDY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE & CHAIRMAN | 8 | $0 |
| TIMOTHY SCHMIDT PRUDENTIAL PLAZA, NEWARK, NJ 07102 | TRUSTEE | 0.17 | $0 |
| JOSEPH MCCARTHY PRUDENTIAL PLAZA, NEWARK, NJ 07102 | ASSISTANT TREASURER | 0 | $0 |
| THOMAS LAURITA PRUDENTIAL PLAZA, NEWARK, NJ 07102 | CONTROLLER | 0.38 | $0 |
| JASON HEATH PRUDENTIAL PLAZA, NEWARK, NJ 07102 | INVESTMENT OFFICER | 8 | $0 |
Address and contacts
- Address (IRS master file)
- 751 BROAD STREET 3RD FLOOR, NEWARK, NJ 07102-3754
- In care of
- % SHANE HARRIS
- Signed the 990-PF
- MICHAEL SIMONETTI, CONTROLLER
- Phone
- (973) 367-4565
- Return prepared by
- MITCHELL & TITUS LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 22-2175290
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1977
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $77,044,610
- Income (IRS master file)
- $78,861,492
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $45,279,741 | $43,244,251 | $77,044,610 | XML |
| 990-PF | December 2024 | $35,270,556 | $30,786,124 | $71,396,350 | XML |
| 990-PF | December 2023 | $32,401,528 | $52,090,210 | $76,187,343 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2175290).
Questions about PRUDENTIAL FOUNDATION INC
- What is the EIN of PRUDENTIAL FOUNDATION INC?
- The employer identification number (EIN) of PRUDENTIAL FOUNDATION INC is 22-2175290.
- Is PRUDENTIAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to PRUDENTIAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PRUDENTIAL FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PRUDENTIAL FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRUDENTIAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of PRUDENTIAL FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does PRUDENTIAL FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $45,279,741, expenses of $43,244,251 and total assets of $77,044,610 at year end.
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