All Stars Project of New Jersey Honors Retired PSEG President & CEO Ralph Izzo at 2022 Benefit Event

Dr. Izzo’s involvement & philanthropy provides a model for corporations and individuals to collaborate and improve the future of disadvantaged youth and communities

New York, NY – October 27, 2022 – The All Stars Project, Inc. (ASP), a national, privately-funded nonprofit organization providing award-winning free afterschool development programs for youth in poor and underserved communities, today announced it will honor Dr. Ralph Izzo, PSEG Executive Chair of the Board, Former President and CEO, at its upcoming New Jersey Benefit event, November 3, 2022, recognizing him for his leadership of PSEG’s generosity and partnership with the ASP of New Jersey.

Public Service Enterprise Group (PSEG) is a publicly traded (NYSE:PEG) diversified energy company headquartered in New Jersey, and one of the ten largest electric companies in the U.S. Dr. Izzo said, “I speak for our entire team, 95% of whom live and work in New Jersey, as well as myself, when I say we are proud to have a strong partnership with the All Stars Project of New Jersey. Public Service is core to our organization’s name and our identity. Through partnering with ASP, I have learned firsthand the importance of building connections to communities that have been historically excluded from the mainstream. As a result, everyone develops and grows; PSEG diversifies our organization and new opportunities are opened-up for underserved youth. It’s a win for everyone. The new ASP Hub in the Newark Gateway is a move that will benefit not just underserved youth, but local corporations and the Renaissance of greater Newark.”

During Dr. Izzo’s tenure as President and CEO, PSEG demonstrated significant support of the ASP, above and beyond financial support exceeding $1.6 million. In partnership with ASP’s Development School for Youth program, PSEG has sponsored 86 paid summer internships and hosted dozens of professional development workshops, activities, and events for young people in Newark and Jersey City, NJ. PSEG leadership and employees have also contributed thousands of volunteer hours as coaches, workshop leaders, intern supervisors, Board and Trustee members and more.

“We are proud of our long-standing partnership with PSEG and excited to honor Ralph Izzo for his unwavering support over the years,” said Shadae McDaniel, Vice President and City Leader, ASP of New Jersey. “Together with PSEG, ASP opens doors to valuable new connections for young people and caring adults, which results in youth development, corporate and community development.”

ASP will host a Grand Opening of their new Newark, NJ Headquarters at the Newark Gateway, concurrent with their annual Fall Benefit event, November 3, 2022. To learn more or purchase tickets, please click here: https://allstars.org/new-jersey-fall-2022-benefit-tickets/

About the All Stars Project

The All Stars Project is a national nonprofit organization with over 40 years of grassroots organizing and community building. Using the power of performance, ASP transforms the lives of youth from poor and underserved communities in partnership with caring adults, giving everyone the opportunity to grow. ASP’s award-winning programs bring people from all racial, economic and social walks of life together to create something positive, new and transformative for all involved. In addition to Newark and Jersey City, New Jersey, ASP operates nationally in Dallas; Chicago; New York City; the San Francisco Bay Area and beyond—thanks to virtual expansion—with volunteers, programming and partnerships in over 20 states.

Since the All Stars Project came to New Jersey in 1999, its programs have touched the lives of over 35,000 young people, 4,000 adult volunteers from all walks of life and hundreds of corporate partners, including some of the Garden State’s most successful business leaders.

The ASP of NJ is privately funded by thousands of individuals, foundations and corporations, including PSEG, RBC Capital Markets, EY, Hartz Mountain Industries, Investors Bank, MetLife, Onyx Equities, PwC, Franklin Mutual Advisers, Victoria Foundation, Inc. and the New York Jets.

For more information about All Stars Project, please visit www.allstars.org.

About PSEG

Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it’s cleaner, safer and delivered more reliably than ever. PSEG’s commitment to ESG and sustainability is demonstrated in our net-zero 2030 climate vision, our pursuit of science-based emissions reductions targets and participation in the U.N. Race to Zero, as well as our inclusion on the Dow Jones Sustainability North America Index, the Bloomberg Gender-Equality Index and the list of America’s most JUST Companies. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island. (https://corporate.pseg.com).