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Provident Benevolent Foundation is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 1990. The principal officer is % Wachovia Bank Na. It holds total assets of $20.4M. Annual income is reported at $5.5M. According to available records, Provident Benevolent Foundation has made 3 grants totaling $4.6M, with a median grant of $1.5M. Annual giving has grown from $1.6M in 2020 to $3M in 2022. Individual grants have ranged from $1.5M to $1.6M, with an average award of $1.5M. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Provident Benevolent Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NC.
Provident Benevolent Foundation has distributed a total of $4.6M across 3 grants. The median grant size is $1.5M, with an average of $1.5M. Individual grants have ranged from $1.5M to $1.6M.
Provident Benevolent Foundation typically selects its grantees rather than accepting unsolicited proposals.
Provident Benevolent Foundation is headquartered in CHARLOTTE, NC.
Total Giving
$1.9M
Total Assets
$21.9M
Fair Market Value
$24.6M
Net Worth
$21.9M
Grants Paid
$1.6M
Contributions
$0
Net Investment Income
$446K
Distribution Amount
$1.2M
Total: $17.8M
Total Grants
3
Total Giving
$4.6M
Average Grant
$1.5M
Median Grant
$1.5M
Unique Recipients
1
Most Common Grant
$1.5M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schedule AttachedCharitable Contribution | Various, NC | $1.5M | 2022 |
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