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Why doesn’t the PSEG Foundation or PSEG give directly to the employees?

April 26, 2017directly doesn’t employees foundation pseg

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Why doesn’t the PSEG Foundation or PSEG give directly to the employees?

1 Answer

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It is legally difficult for the PSEG Foundation or corporate giving programs to give nontaxable funding to employees in crisis situations. The Community Foundation of New Jersey was selected to be responsible for the PSEG Employee Crisis Fund based on its experience in handling these types of funds. Ultimate determination of award is the responsibility of the Community Foundation of New Jersey.