Prudential Foundation Inc
Donations deductibleRevenue
$45.3m
year to 31 December 2025
Expenses
$43.2m
year to 31 December 2025
Total assets
$77m
year to 31 December 2025
Net assets
$61.8m
assets less liabilities
Directors and trustees
14
6.2y av
Chair observed
≥7 yrs
Lata N Reddy
Left since last filing
0
no seats appear to have opened
Officers and senior staff
2
named in Part VII
Prudential Foundation Inc's network
14 people2 organisationsi14 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (14). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
14 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Lata N Reddy Chair (also filed as Lata Reddy) | Trustee & Chairman | 2018 | 8 yrs |
| Andrew Sullivan | Trustee Started June 2025 | 2025 | 1 yr |
| Ann Kappler | Trustee Started June 2025 | 2025 | 1 yr |
| Caroline Feeney | Trustee | 2018 | 8 yrs |
| Charles F Lowrey (also filed as Charles Lowrey) | Trustee Until June 2025 | 2018 | 8 yrs |
| Gilbert F Casellas | Trustee | 2018 | 8 yrs |
| Janette Niland | Asst. Treasurer Started June 2025 | 2025 | 1 yr |
| Jonathan Francisco | Treasurer | 2024 | 2 yrs |
| Joseph McCarthy | Asst. Treasurer Until June 2025 | 2020 | 6 yrs |
| Lucien Alziari | Trustee Until June 2025 | 2018 | 8 yrs |
| Sandra Pianalto | Trustee | 2018 | 8 yrs |
| Sarah S KEH | Company secretary | 2018 | 8 yrs |
| Shane T Harris (also filed as Shane Harris) | President | 2018 | 8 yrs |
| Timothy Schmidt | Trustee | 2020 | 6 yrs |
Officers and senior leadership
2 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Michael Simonetti | Controller Started in June 2024 | since 2024 |
| Thomas Laurita | Controller Until May 2024 | since 2018 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Shane T Harris | President | 32 | $0 | ||
| Jonathan Francisco | Treasurer | 0.27 | $0 | ||
| Sarah S Keh | Secretary | 32 | $0 | ||
| Charles Lowrey | Trustee Until June 2025 | 0.17 | $0 | ||
| Lucien Alziari | Trustee Until June 2025 | 0.17 | $0 | ||
| Gilbert F Casellas | Trustee | 0.17 | $0 | ||
| Caroline Feeney | Trustee | 0.17 | $0 | ||
| Sandra Pianalto | Trustee | 0.17 | $0 | ||
| Lata Reddy | Trustee & Chairman | 8 | $0 | ||
| Timothy Schmidt | Trustee | 0.17 | $0 | ||
| Joseph McCarthy | Asst. Treasurer Until June 2025 | 0 | $0 | ||
| Michael Simonetti | Controller | 0.38 | $0 | ||
| Rob Stekson | Investment Officer | 8 | $0 | ||
| Andrew Sullivan | Trustee Started June 2025 | 0.17 | $0 | ||
| Ann Kappler | Trustee Started June 2025 | 0.17 | $0 | ||
| Janette Niland | Asst. Treasurer Started June 2025 | 0 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Prudential Foundation Inc
- EIN
- 222175290
- Address
- 751 Broad Street 3rd Floor, Newark, NJ, 07102-3754
- State
- New Jersey
- Activity (NTEE)
- T20 Philanthropy, voluntary services and grantmaking
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Philanthropy, Voluntarism & Grantmaking Foundations
- Size band
- 9 (IRS master file code)
- IRS ruling date
- 1 October 1977
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2025
- IRS Publication 78
- PF (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsLata N Reddy
≥8years on the filingsCaroline Feeney
≥8years on the filingsCharles F Lowrey
≥8years on the filingsGilbert F Casellas
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $77m
- Net assets or fund balances
- $61.8m
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $0 | $30.8m | Deficit $30.8m |
As filed on the IRS Form 990. US dollars.