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FE FirstEnergy Corp

39.365
0.205 (0.52%)
Last Updated: 16:01:18
Delayed by 15 minutes
Share Name Share Symbol Market Type
FirstEnergy Corp NYSE:FE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.205 0.52% 39.365 39.4939 38.81 38.97 1,062,849 16:01:18

"Gifts of the Season" Totaling Nearly $20,000 Awarded to New Jersey Nonprofits by FirstEnergy Foundation

19/12/2024 7:45pm

PR Newswire (US)


FirstEnergy (NYSE:FE)
Intraday Stock Chart


Friday 20 December 2024

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Recipients provide support to vulnerable individuals across JCP&L's service area

HOLMDEL, N.J., Dec. 19, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted "Gifts of the Season" totaling nearly $20,000 to three nonprofits that are working to make lives better in New Jersey communities served by FirstEnergy Corp (NYSE: FE) electric company Jersey Central Power & Light (JCP&L).  

FirstEnergy Foundation Logo (PRNewsfoto/FirstEnergy Corp.)

Watch a video explaining how these FirstEnergy Foundation grants will strengthen New Jersey communities on FirstEnergy's YouTube channel.

The recipients of this year's gifts are 501(c)(3) organizations that provide support services to underserved and vulnerable individuals of all ages across central and northern New Jersey. They include:  

  • Pearls of Wisdom Foundation, Morris County ($6,650): Located in Morristown, this nonprofit aims to motivate the youth population by fostering a healthy interest in the civic affairs of the community, providing scholarships to increase access to higher education and offer seminars to promote training and educational opportunities.   
  • Next Steps Adult Day Program, Ocean County ($6,650): Located in Point Pleasant, this nonprofit provides adults with special needs with meaningful life experiences that promote independence and increase social development while maintaining a healthy mind and body. 
  • Project Refit, Burlington County ($6,650): Led by their mobile base, this nonprofit is focused on changing the negative connotation around getting mental health support and implementing straightforward programs for military members and first responders and their family members. 

Doug Mokoid, FirstEnergy's President, New Jersey: "These organizations draw together the best of what New Jersey is all about to support our neighbors. We're proud to be able to provide these Gifts of the Season grants to recognize their work, which aligns with our commitment to diverse, equitable and inclusive communities where everyone feels safe, valued, included and respected." 

The "Gifts of the Season" initiative was created in 2016 to support programs and nonprofit organizations that align with FirstEnergy's core value of diversity, equity and inclusion. Since its inception, the campaign has awarded about $1.1 million to nonprofit organizations that work to strengthen communities through a diverse lens, including nearly $100,000 to nonprofits in New Jersey.  

To be considered for a gift, the entity must be a first-time FirstEnergy Foundation grant recipient, and the entity or at least 51% of its work must fall under one or more of the following diverse categories: 

  • Service disabled/veteran-owned business enterprise 
  • Disability-owned business enterprise 
  • Minority business enterprise 
  • Lesbian/gay/bisexual/transgender/queer-owned business 
  • Woman business enterprise 

The FirstEnergy Foundation provides support to 501(c)(3) tax-exempt nonprofits, including health and human services agencies, educational organizations, cultural and arts programs and institutions, and civic groups in areas served by FirstEnergy's electric operating companies and in areas where the company conducts business. 

JCP&L serves 1.1 million customers in the counties of Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren. Follow JCP&L on X @JCP_L, on Facebook at facebook.com/JCPandL or online at jcp-l.com.

FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on X @FirstEnergyCorp or online at firstenergycorp.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/gifts-of-the-season-totaling-nearly-20-000-awarded-to-new-jersey-nonprofits-by-firstenergy-foundation-302336560.html

SOURCE FirstEnergy Corp.

Copyright 2024 PR Newswire

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