THE PROVIDENT BANK FOUNDATION

Supporting OrganizationIRS data 2022–2024

ISELIN, NJEIN 043739441 Website

Annual Giving

$884K-31% YoY

Grants

Median Grant

$10K

Organizations Funded

173

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Foundation Overview

Mission

to build strong and healthy communities where everyone can live a fulfilling and prosperous life; investing in marginalized communities within Provident Bank's branch network by collaborating with nonprofit organizations that align with the values we care about. Together, we empower individuals on their paths to economic self-sufficiency by addressing the multifaceted issues that perpetuate the cycle of poverty

Focus Areas

affordable housing and homelessnessdomestic violence survivor servicesfood security and food pantriesyouth development and after-school programsworkforce development and job traininghealthcare access and patient transportationmental health and crisis hotlinessubstance use recovery and addiction services

Grant Types

operating supportprogrammatic grantscapacity building and staff trainingcapital projects and building renovationsscholarshipsrapid rehousing and emergency shelter funding

Funded Initiatives

Empowerment Grants ($5,000-$25,000 per year for 2 years); Signature Grant to Raritan Valley Community College ($100,000); 2025-27 Empowerment Grant partners including AGAR (hunger relief program), JVS Center for Economic Opportunity (job skills training including Certified Pharmacy Technician and Certified Home Health Aide), Propel America (healthcare career pathways for young adults aged 18-26 in Newark)

How to Apply

Organizations must be 501(c)3 tax-exempt public charity classified as not a private foundation under Section 509(a)1 or 509(a)2. Must serve communities where Provident Bank has physical presence. Cannot have active grant term or outstanding progress reports. Empowerment Grants provide 2 years flexible funding support.

Based on publicly available information from the foundation's 990 filings and website.

Giving History

2024-31%

$884K

Grants

Median

$10K

States

2023-31%

$1.3M

Grants

104

Median

$10K

States

2022

$1.9M

Grants

194

Median

$5K

States

Grant Size Distribution

$10K

Typical Grant (Median)

$1K

Smallest

$5K

25th Pctile

$13K

75th Pctile

$33K

Largest

Excludes grants ≤ $5K. Half fall between $5K and $13K.

Largest Recent Grants

$33K

2024

CUMAC

NJ · CREATING HEALING-CENTERED COMMUNITIES

$20K

2024

NEW CITY KIDS

NJ · RUBINGH CENTER FOR YOUTH DEVELOPMENT | BUILDING RENOVATIONS

$20K

2024

AMERICA'S GROW-A-ROW INC

NJ · FRESH PRODUCE INITIATIVE

$20K

2024

FOUNDATION FOR EDUCATIONAL ADMINISTRATION (FEA)

NJ · HEALING CENTERED ENGAGEMENT INITIATIVE

$15K

2024

180 TURNING LIVES AROUND INC

NJ · TRANSITIONAL/RAPID RE-HOUSING (TH-RRH)

Geographic Focus

$760K84 grants

$87K9 grants

$38K4 grants

Top states by total grant dollars. Based on IRS filing data.

Financial Overview

YearTotal AssetsGrants Paid

2024

$16.6M

$884K(5.3%)

2023

$16.6M

$1.3M(7.7%)

2022

$19.6M

$1.9M(9.5%)

Grants paid shown as percentage of total assets

Network Intelligence

Funding follows networks, not keywords

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Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.