13th Annual Prudential CARES Volunteer Grants Program Awards $475,000 in Grants Worldwide.NEWARK, N.J. -- Prudential CARES Volunteer Grants, formerly known as the Community Champions Awards Program, administered by Prudential's Local Initiatives Division, recognizes 720 Prudential associates and retirees nationally and 48 associates across Canada Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET. , Japan, Korea and the Philippines who excelled in volunteer commitment, leadership and service in their communities during 2003. Grants issued by The Prudential Foundation this year totaled $475,000 and more than $6.5 million since the program began in 1991. The grant program recognizes both individual and team volunteers based on a minimum of 40 hours per individual of volunteer service. Grants range from $250 to $5,000 for each award winners' charitable organization This article is about charitable organizations. For other uses of the word charity, see Charity. A charitable organization (also known as a charity) is an organization with charitable purposes only. . "Building on the success and foundation established by the Community Champions program, the program received a new name and logo this year. The spirit and passion of the Prudential CARES Volunteer Grants program is visually represented in the redesign of the Prudential CARES logo, which bodies the tone and intent of the company's philanthropic phil·an·throp·ic also phil·an·throp·i·cal adj. 1. Of, relating to, or marked by philanthropy; humanitarian. 2. Organized to provide humanitarian or charitable assistance: efforts," said Gabriella Morris, president of The Prudential Foundation and vice president of Community Resources for Prudential. "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. Programs such as the Prudential CARES Volunteer Grants allows us to reward and support our employees and retirees in their volunteer efforts which benefit more than 768 charitable organization worldwide," continued Morris. PRUDENTIAL CARES VOLUNTEER GRANTS PROGRAM FAST FACTS - 720 Prudential associates and retirees nationally - 48 associates across Canada, Japan, Korea and the Philippines - $475,000 grants issued worldwide - 23 grants of $5,000 - 246 grants of $1,000 - 499 grants of $250 "Corporate philanthropy philanthropy, the spirit of active goodwill toward others as demonstrated in efforts to promote their welfare. The term is often used interchangeably with charity. is a key component of a corporation's broader social responsibility and once again, Prudential Financial rises to the top with their Prudential CARES Volunteer Grants program. We congratulate all grant recipients for their steadfast commitment to their charities and passion to make a difference in their communities," said Charles H. Moore For other persons named Charles Moore, see Charles Moore (disambiguation). Charles H. Moore (also known as Chuck Moore) (born 1938) is the inventor of the Forth programming language. , executive director of the Committee to Encourage Corporate Philanthropy (CECP CECP Center for Effective Collaboration and Practice CECP Country Extended Code Page (IBM) CECP Conseil de l'Enseignement des Communes et des Provinces (Belgium) CECP China Energy Conservation Program ). "Prudential's long-standing campaign is an excellent example of our core principles that corporate philanthropy is a sound business practice in the best interest of shareholders and should be institutionalized in·sti·tu·tion·al·ize tr.v. in·sti·tu·tion·al·ized, in·sti·tu·tion·al·iz·ing, in·sti·tu·tion·al·iz·es 1. a. To make into, treat as, or give the character of an institution to. b. as an integral part of a company's mission and business practices," continued Moore. The Committee to Encourage Corporate Philanthropy (CECP) is the only national forum of business CEOs with an agenda exclusively focused on corporate giving. CECP's Web site is http://www.corphilanthrophy.org. 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 vol·un·teer·ism n. Use of or reliance on volunteers, especially to perform social or educational work in communities. volunteerism and fosters community partnerships; and the Social Investment Program, which originates and manages socially beneficial investments. Prudential Financial companies, with approximately $474 billion in total assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. as of June 30, 2004, 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 United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . These companies offer a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement related services and administration, asset management, securities brokerage, banking and trust services, real estate brokerage franchises and relocation services Relocation services or "employee relocation" includes a range of internal business processes that are engaged to transfer employees (and often their families) or entire departments of a business to a new work location. . For more information, visit http://www.prudential.com. Editor's Notes Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : 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 CARES Volunteer Grants award winners visit the online media room at http://www.prudential.com/volunteergrants. |
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