PSEG Nuclear Donates $250,000 to Support Ranch Hope and Local Children
PSEG Nuclear announced a $250,000 PSEG Foundation donation today to support local nonprofit Ranch Hope and its expanding programs serving hundreds of children throughout New Jersey and the Delaware Valley region.
“Today we are honored to partner with Ranch Hope and support their work on behalf of children,” said Tom Joyce, senior vice president of operations at PSEG Nuclear. “It is our hope that others will follow our lead so that Ranch Hope can help even more children in need.”
Ranch Hope’s current capital campaign, Building Our Future Today, seeks to raise $5 million to create a “one-of-a-kind” treatment community for at-risk youth with residential facilities that are environmentally responsible, energy efficient and healthy for children and staff to live and work. This initiative is consistent with Ranch Hope’s long-range plan to transform its Alloway campus into a “green” community.
“Ranch Hope is to be commended for designing facilities that use renewables and improve energy efficiency,” said Joyce. “Efforts like this along with our work to provide safe, clean and reliable energy at PSEG Nuclear reinforces the role everyone can play in protecting our environment.”
The six treatment homes currently on Ranch Hope’s campus were built over a period of 14 years beginning in 1964 when the organization first opened it doors. After 30 to 40 years of use by thousands of children, the facilities are in need of expansion and repair to equal the high quality programming provided, reduce maintenance and increase energy efficiency.
“This is a unique partnership that not only focuses on changing the lives of children, but also energy efficiency – two topics you don’t normally see together,” said Dave Bailey, Jr., Ranch Hope executive director. “At Ranch Hope, we believe that we are entrusted to be good stewards of not only the children and families we serve, but also of the environment in which the children live and learn each day.”
In addition to new housing, the capital campaign will provide the funds to re-locate outdoor athletic facilities and construct a new wastewater treatment infrastructure on the campus. Other goals of the campaign are to increase the organization’s endowment fund, which is used to insure the long-range stability of the ministry and to provide scholarships for behavioral healthcare services and summer camps.
“The entire Ranch Hope family is thrilled to have PSEG Nuclear join the Building Our Future Today campaign,” said Bailey. “Both PSEG and Ranch Hope are focused on providing high quality services to the people of New Jersey. This gift is a clear example of a leader in industry taking a leadership role in changing the lives of our children.”
PSEG Nuclear operates the two unit Salem Generating Station and single unit Hope Creek Generating Station on one site in Salem County. The nuclear units provide over 3,500 megawatts of electricity enough to power 2.8 million homes.
The $250,000 donation to Ranch Hope will be paid in equal installments over a five-year period. In addition to Ranch Hope, PSEG Nuclear is a proud supporter of dozens of community programs throughout South Jersey and Delaware.
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