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12th Annual Prudential Community Champions Program Awards $616,500 in Grants Worldwide

12th Annual Prudential Community Champions Program Awards $616,500 in Grants Worldwide

Published 09-19-03

Submitted by Prudential Financial, Inc.

NEWARK, NJ – The 12th Annual Prudential Community Champions Awards Program, administered by Prudential’s Local Initiatives Division, recognizes 756 Prudential associates and retirees nationally and 41 associates across Canada, Italy, Japan and Korea who excelled in volunteer commitment, leadership and service in their communities during 2002. Grants range from $250 to $5,000 for each award winner’s charitable organization. Grants issued by The Prudential Foundation this year totaled $616,500 and more than $6 million since the program began in 1991.

“Since Prudential’s founding in 1875, we have been committed to making a difference in the communities where we live and work, through both volunteer work and corporate donations,” said Gabriella Morris, president of The Prudential Foundation and vice president of Community Resources for Prudential. “We are proud to support our employees and retirees in their unwavering spirit of volunteerism and heartfelt commitment to helping others.”

COMMUNITY CHAMPIONS AWARDS PROGRAM 2003 FAST FACTS

  • 35 Golden Star Awards of $5,000 each

  • Seven All-Star Team Awards of $5,000 each

  • 279 Shining Star Awards of $1,000 each

  • Eight Rising Star Team Awards of $500 or $250 each

  • 427 Rising Star Awards of $250 each

  • 41 awards to employees in Canada, Italy, Japan and Korea totaling $17,500

    “Prudential Financial’s Community Champions Awards Program is to be applauded and praised for a solid history of philanthropic leadership and support to its employees and their communities,” said Charles H. Moore, executive director of the Committee to Encourage Corporate Philanthropy (CECP). “Prudential’s long-standing campaign is an excellent example of our core principles to create an environment favorable to increasing the quantity and quality of philanthropic programs and influence a diverse range of companies to embrace and participate in similar initiatives and create and sustain momentum.”

    The Committee to Encourage Corporate Philanthropy (CECP) is the only national forum of business CEOs with an agenda exclusively focused on corporate giving.

    Founded in 1977, The Prudential Foundation is the non-profit grant making organization of The Prudential Insurance Company of America. It is part of Prudential’s Community Resources Division, a strategic combination of three units: The Foundation, which strives to build children and families’ self-sufficiency; Local Initiatives, which coordinates employee volunteerism and fosters community partnerships; and the Social Investment Program, which originates and manages socially beneficial investments.

    Prudential Financial companies, with approximately $422 billion in total assets under management as of June 30, 2003, serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the U.S. These companies offer a variety of products and services, including life insurance, property and casualty insurance, mutual funds, annuities, pension and retirement related services and administration, asset management, banking and trust services, real estate brokerage franchises and relocation services. For more information, visit www.prudential.com.

    Editor’s Notes:

    The Prudential Cares logo is immediately available upon request by contacting Laura Richeson at Bennett & Company, 407-478-4040 or lricheson@bennettandco.com.

    Prudential Financial executives are available for interview to discuss this release and additional community outreach efforts.

    For information on all of this year’s Prudential Community Champion award winners visit the online media room at www.prudential.com/champions.

  • Prudential Financial, Inc. logo

    Prudential Financial, Inc.

    Prudential Financial, Inc.

    Prudential Financial companies, with approximately $568 billion in total assets under management as of June 30, 2006, serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the United States. These companies offer a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement-related services and administration, asset management, banking and trust services, real estate brokerage franchises, relocation services and, through a joint venture, retail securities brokerage services.

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