Portland Provident Association
Portland Provident Association is a private foundation, based in PORTLAND, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 42 grants totaling $104K. Net investment income was $103K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
+12.6% YoY
Annual Giving
$104K
+12.5% YoY
Grant Count
42
-6.7% YoY
Avg Grant Size
$2K
+20.5% YoY
Under IRS private-foundation payout rules, Portland Provident Association reported a distributable amount of $100K for 2024 — the minimum it must pay out in qualifying distributions.
About Portland Provident Association
Based on IRS filings
Portland Provident Association is a private foundation, based in PORTLAND, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 42 grants totaling $104K. Net investment income was $103K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,182,551 | $1,937,649 | $1,759,273 |
| Revenue | $116,038 | $46,431 | $68,691 |
| Expenses | $117,617 | $105,368 | $112,836 |
| Qualifying Distributions | $103,712 | $92,877 | $95,000 |
| Net Investment Income | $102,793 | $33,963 | $53,855 |
| Distributable Amount | $100,031 | $90,491 | $93,971 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
173 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Opportunity Alliance ($10,000), Preble Street Resource Center Inc ($7,000), Catholic Charities Maine (refugee Resettlement) ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS PORTLAND, ME | CHARITABLE | $1,000 |
| BOYS & GIRLS CLUB OF SOUTHERN MAINE PORTLAND, ME | CHARITABLE | $4,000 |
| KETCHA OUTDOORS SCARBOROUGH, ME | CHARITABLE | $1,000 |
| CATHOLIC CHARITIES MAINE (REFUGEE RESETTLEMENT) PORTLAND, ME | CHARITABLE | $6,000 |
| COMMUNITY DENTAL PORTLAND, ME | CHARITABLE | $4,500 |
| CROSSROADS SCARBOROUGH, ME | CHARITABLE | $3,000 |
| FAMILY SHELTER PORTLAND, ME | CHARITABLE | $2,000 |
| FIRST BAPTIST FOOD PANTRY PORTLAND, ME | CHARITABLE | $2,000 |
| FLORENCE HOUSE PORTLAND, ME | CHARITABLE | $2,000 |
| LOCKER PROGRAM PORTLAND, ME | CHARITABLE | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER WEBSTER | TRUSTEE | 0.5 | — |
| ROBERT CLARK | PRESIDENT | 0.5 | — |
| DONALD HARDEN | TRUSTEE | 0.5 | — |
| KRISTIN REDSTONE | TREASURER | 0.5 | — |
| SHAWNEE SAX | TRUSTEE | 0.5 | — |
| DONALD MORRISON | TRUSTEE | 0.5 | — |
| LAURA L YOUNG | TRUSTEE | 0.5 | — |
| SUSAN BURNS CHONG | TRUSTEE | 0.5 | — |
| JACQUELINE RIDER | SECRETARY | 0.5 | — |
| NINA MISRA | TRUSTEE | 0.5 | — |
| KATHRYN PIERCE | TRUSTEE | 0.5 | — |
Frequently Asked Questions
How large is Portland Provident Association?
As of 2024, Portland Provident Association holds $2.2M in total assets with $116K in annual revenue. It awarded 42 grants totaling $104K in 2024.
Where does Portland Provident Association operate?
Portland Provident Association has awarded grants in Maine.
What size grants does Portland Provident Association award?
In 2024, Portland Provident Association awarded 42 grants totaling $104K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Portland Provident Association required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Portland Provident Association reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Portland Provident Association's EIN?
Portland Provident Association's EIN (Employer Identification Number) is 01-6012457. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Portland Provident Association's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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