OVERVIEW: The Prudential Foundation does not have a specific medical or disease-focused grantmaking program. However, this funder gives to a diverse set of disease organizations across the country.
IP TAKE: Prudential is a bit opaque when it comes to its grantmaking process. This may prove to be a difficult funder to approach for organizations that aren’t already well known to the foundation.
PROFILE: The Prudential Foundation gives widely to groups that provide basic needs, help people get quality jobs, address family economic security, and urban development. While not a stated area of giving focus, the philanthropic arm of the global financial services company also supports disease-related organizations.
Prudential gives to a diverse set of disease-related organizations. Past grants, for example, have gone to the Parkinson’s Disease Foundation and the Alzheimer’s Disease and Related Disorders Association. Support has also gone to organizations dealing with diseases that receive less funding attention, such as Huntington’s and Tay-Sachs.
Although Prudential is a multi-billion dollar multinational, its corporate giving through its foundation—while substantial overall—does not tend to award high-dollar grants. In fact, most grants range from a couple of hundred dollars to a couple thousand. So it seems that this funder’s grantmaking approach is to award many small grants to a large number of organizations, rather than a few big grants to a small number of organizations. This may not be the outfit to approach for those seeking out those high-dollar grants.
In general, the Prudential Foundation accepts unsolicited grant applications via its website. However, there are times during which it does not accept unsolicited requests for funding. Grantseekers should check its website often to stay abreast of changes.
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