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Prudential funds Newark Arts neighborhood regrants as part of $30 million in grants for Newark nonprofits

originally published: 05/08/2018

Prudential funds Newark Arts neighborhood regrants as part of $30 million in grants for Newark nonprofits

(NEWARK, NJ) -- Newark Arts is one of 17 Newark nonprofit organizations to receive part of the $30 million in grants from Prudential Financial, Inc. (NYSE: PRU) to fund capital campaigns and endowments throughout Newark’s five wards. Newark Arts received multi-year funding totaling $500,000 to strengthen its neighborhood granting program.

The funds will foster Newark Arts’ mission to power the arts in Newark and sustain its place as a vibrant arts hub through community engagement and collaboration, with a specific focus on ArtStart-style granting outside of downtown. This work is directly aligned with the citywide cultural plan, Newark Creates, that Newark Arts has led for the past two years.

“Thanks to Prudential’s generosity, we will be able to award even more funding to people and organizations that are providing critical arts and cultural activities in Newark's neighborhoods,” said Executive Director, Jeremy Johnson. “This grant will reinforce the citywide cultural plan, Newark Creates."

With a focus on meeting critical needs of organizations serving Newark communities, these awards are in addition to Prudential’s annual grant-making budget and build on the more than $1 billion the company has committed toward the revitalization of its home city in the past decade alone.

“As a Newark native, I’ve seen the positive impact made when local government, businesses and community nonprofit organizations work together to improve the city,” said Shané Harris, vice president of corporate giving for Prudential. “At Prudential, we recognize that strong and vibrant communities cannot exist without a strong nonprofit sector. These grants are designed to help strengthen the financial stability of these groups so they can continue delivering quality programs that will serve the residents of Newark today and in the future.”



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Newark Arts is a 501(c)(3) nonprofit organization which powers the arts to transform the lives of those who live in, work in, and visit Newark. Newark Arts is the umbrella for the Newark Arts Education Roundtable (NAER) and is a partner with the Mayor’s Office of Cultural Development, Arts, and Tourism. The Council awards neighborhood grants through its ArtStart program, produces the Open Doors Citywide Arts Festival, and will oversee Newark’s Community Cultural Plan in 2017-2018.  

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of December 31, 2017, 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. 



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Event calendar
Thursday, Jun 20, 2019


MUSIC

RICK DAHROUGE @ The Saint, Asbury Park - 7:30pm

Dead & Company @ BB&T Pavilion, Camden - 7:00pm

Charlie Daniels Band, Travis Tritt, and The Cadillac Three @ PNC Bank Arts Center, Holmdel - 7:00pm

Jefferson Starship @ The Newton Theatre, Newton - 8:00pm


THEATRE

Heisenberg @ Cape May Stage, Cape May - 8:00pm

Voyager One @ New Jersey Repertory Company, Long Branch - 8:00pm

Musical | She Loves Me (The Princeton Festival) @ 185 Nassau St., Princeton, Princeton - 8:00pm

American Theater Group: The Bridges of Madison County @ South Orange Performing Arts Center (SOPAC), South Orange - 7:30pm

The Boys in the Band (Original Version) @ Studio Playhouse Upper Montclair, Upper Montclair - 8:00pm







FILM

Crybaby Matinee: The Red Balloon & White Mane @ Hopewell Theater, Hopewell - 11:00am


LECTURE

An Evening With George Takei: Where No Story Has Gone Before @ State Theatre New Jersey, New Brunswick - 8:00pm


MISC

A Medium Gallery with Linda Shields @ Tim McLoones Supper Club, Asbury Park - 8:00pm

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