//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Provident Benevolent Foundation has made 4 grants totaling $6.5M, with a median grant of $1.6M. The foundation has distributed between $1.6M and $3M annually from 2020 to 2024. Grantmaking activity was highest in 2022 with $3M distributed across 2 grants. Individual grants have ranged from $1.5M to $1.9M, with an average award of $1.6M. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Provident Benevolent Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NC.
Provident Benevolent Foundation has distributed a total of $6.5M across 4 grants. The median grant size is $1.6M, with an average of $1.6M. Individual grants have ranged from $1.5M to $1.9M.
Provident Benevolent Foundation typically selects its grantees rather than accepting unsolicited proposals.
Provident Benevolent Foundation is headquartered in CHARLOTTE, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Janet Wornall | Director | $78K | $0 | $78K |
Total Giving
$1.9M
Total Assets
$20.4M
Fair Market Value
$27.1M
Net Worth
$20.4M
Grants Paid
$1.9M
Contributions
N/A
Net Investment Income
$1.2M
Distribution Amount
$1.3M
Total: $16.2M
Total Grants
4
Total Giving
$6.5M
Average Grant
$1.6M
Median Grant
$1.6M
Unique Recipients
1
Most Common Grant
$1.5M
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schedule AttachedCharitable Contribution | Various, NC | $1.9M | 2024 |