Throughout its history, Prudential has helped to grow and protect community assets. We continue to remain focused on building rock solid communities, a clear need at this time. It's no surprise that the current economic downturn is worsening challenges experienced by poor families and children.
Recent economic volatility has expanded the number of those in need and doubly challenged the institutions serving them. The near term future will be very difficult for many cities and their residents. With revenues declining and the demand for services increasing, building capacity in nonprofits is one way to help mitigate the effects of economic hardship on the communities with which Prudential is most involved.
Prudential and The Prudential Foundation have been providing capacity building opportunities to our nonprofit partners for many years. Some of the ways we are helping our nonprofit partners achieve their missions include:
Recent economic volatility has expanded the number of those in need and doubly challenged the institutions serving them. The near term future will be very difficult for many cities and their residents. With revenues declining and the demand for services increasing, building capacity in nonprofits is one way to help mitigate the effects of economic hardship on the communities with which Prudential is most involved.
Prudential and The Prudential Foundation have been providing capacity building opportunities to our nonprofit partners for many years. Some of the ways we are helping our nonprofit partners achieve their missions include:
- Providing general operating, capital, and capacity-building grants;
- Supporting intermediaries to provide training and technical assistance;
- Convening stakeholders to work together on shared goals; and
- Providing knowledgeable and committed employees to serve on nonprofit boards
| Sharon C. Taylor Sr. Vice President, Community Resources Chairman, The Prudential Foundation |