Provident Bank Foundation Inc. is a private corporation based in ISELIN, NJ. The foundation received its IRS ruling in 2004. It holds total assets of $16.6M. Annual income is reported at $2.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Provident Bank Foundation Inc. has made 451 grants totaling $4M, with a median grant of $5K. Annual giving has grown from $950K in 2020 to $1.9M in 2022. Individual grants have ranged from $1K to $100K, with an average award of $9K. The foundation has supported 380 unique organizations. The foundation primarily supports organizations in New Jersey, Pennsylvania, New York, which account for 100% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Application Information
Deadline
PLEASE REFER TO DETAILS INDICATED ON WWW.THEPROVIDENTBANKFOUNDATION.ORG IN THE APPLICATION SECTION.
Restrictions
ORGANIZATIONS SEEKING FUNDING FROM THE PROVIDENT BANK FOUNDATION MUST BE CERTIFIED AS A TAX EXEMPT PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED AS NOT A PRIVATE FOUNDATION" UNDER SECTION 509(A)(1) OR 509(A)(2). PBF SEEKS GRANTEE ORGANIZATIONS THAT SHOW PASSION FOR THEIR MISSION AND MEET HIGH STANDARDS OF GOVERNANCE, ACCOUNTABILITY, AND FISCAL MANAGEMENT.
Frequently Asked Questions
What does Provident Bank Foundation Inc. fund?
Provident Bank Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 451 grants. Its grantmaking reaches organizations primarily in NJ, PA, NY.
How much does Provident Bank Foundation Inc. give in grants?
Provident Bank Foundation Inc. has distributed a total of $4M across 451 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $1K to $100K.
How do I apply for a grant from Provident Bank Foundation Inc.?
The application deadline is PLEASE REFER TO DETAILS INDICATED ON WWW.THEPROVIDENTBANKFOUNDATION.ORG IN THE APPLICATION SECTION.. ORGANIZATIONS SEEKING FUNDING FROM THE PROVIDENT BANK FOUNDATION MUST BE CERTIFIED AS A TAX EXEMPT PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED AS NOT A PRIVATE FOUNDATION" UNDER SECTION 509(A)(1) OR 509(A)(2). PBF SEEKS GRANTEE ORGANIZATIONS THAT SHOW PASSION FOR THEIR MISSION AND MEET HIGH STANDARDS OF GOVERNANCE, ACCOUNTABILITY, AND FISCAL MANAGEMENT.
Where is Provident Bank Foundation Inc. located?
Provident Bank Foundation Inc. is headquartered in ISELIN, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
