As expressions of god's healing love, witnessed through the ministry of jesus, we are steadfast in serving all, especially those who are poor and vulnerable.
Key facts about Providence Portland Medical Foundation
In short: Providence Portland Medical Foundation gave $33.9M across 1 grant in 2024 (avg $33.9M), mostly in Washington. Source: 2024 IRS Form 990.
- EIN
- 93-1231494
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $33,921,467
- Grants made (2024)
- 1
- Average grant
- $33,921,467
- Median grant
- $33,921,467
- Total assets
- $249,332,095
- Primary geography
- Washington (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$249.3M
+2.3% YoY
Annual Giving
$33.9M
+63.9% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$33.9M
+227.8% YoY
How Providence Portland Medical Foundation gives
- Giving grew 152% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Providence Portland Medical Foundation
Based on IRS filings
Providence Portland Medical Foundation is a public charity focused on Health, based in Portland, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $249.3M in total assets. In 2024, it awarded 1 grant totaling $33.9M. Net investment income was $15.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $11.9M (2022) to $33.9M (2024). In 2024 it made 1 grant totaling $33.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Providence Health & Services - Oregon ($33.9M).
Grant Size Distribution
10 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 10 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Providence Health & Services - Oregon Renton, WA | Operational and Capital Support | $33,921,467 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $249,332,095 | $243,813,197 | $198,322,059 |
| Revenue | $35,723,775 | $31,116,107 | $17,555,616 |
| Expenses | $35,764,178 | $23,486,569 | $13,358,407 |
| Net Investment Income | $15,691,137 | $6,345,207 | $6,148,131 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Providence Portland Medical Foundation is led by William C. Kennedy, Chair since 2023 (on filings since 2020); none of the 26 officers listed in 2024 report compensation.
Officers on the 2024 filing
William C. Kennedy
Chair
Director → Vice Chair, 2021
Vice Chair → Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Arlene Austinson
Director
On filings since 2020
0.5 hrs/week
No compensation reported
C. Andrew Gibson
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Ellen S. Gyllstrom
Director
On filings since 2020
0.5 hrs/week
No compensation reported
F. Mike Nugent
Director
Chair → Director, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Gayland R. Looney
Director
Vice Chair → Chair, 2021
Chair → Director, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Kristi Richards
Director
Treasurer → Director, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Nancy C. Lematta
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Wade Adeogun
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Carolynn Lynn Loacker
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Jim Reynolds
Director
On filings since 2021
0.5 hrs/week
No compensation reported
John J. Davidson
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Stephen Bader MD
Director -
Director → Director -, 2024
On filings since 2021
0.5 hrs/week
No compensation reported
Cheryl Bradley
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Jeff Schnabel
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Marilyn Sholian
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Mark Kralj
Director -
Director → Director -, 2024
On filings since 2023
0.5 hrs/week
No compensation reported
Shaghayegh Aliabadi MD
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Stu Peterson
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Alexia Bounds
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Bob Grover
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Gary Alton
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Chelsea Sokolow
Chief Philanthropy Officer
Executive Director → Chief Philanthropy Officer, 2021
On filings since 2020
50 hrs/week
No compensation reported
Daniel N. Ford
Vice Chair & Treasurer
Director → Vice Chair & Treasurer, 2023
On filings since 2020
1 hr/week
No compensation reported
Erin Miller
Secretary
Director → Secretary, 2022
On filings since 2020
1 hr/week
No compensation reported
Kelly S. Buechler
Frmr Officer - Or Reg. Cpo
Former Executive Director → Frmr Officer - Or Reg. Cpo, 2021
On filings since 2020
No compensation reported
Former officers (11)
- Former: Bruce A. Schoen (2020–2023) — Director
- Former: Paul H. Labby (2020–2023) — Director
- Former: Bradley Y. Jenkins (2020–2022) — Director
- Former: Mary Chen (2020–2022) — Director
- Former: Nick Kassab (2020–2022) — Director
- Former: Shaghayegh Aliabadi-Wahle MD (2020–2022) — Director
- Former: Arleen Barnett (2020–2021) — Director
- Former: Katie Foehl (2020–2021) — Director
- Former: Tayo Akanni (2020–2021) — Secretary
- Former: Ernest E. Platt (2020) — Director
- Former: Jack R. Loacker (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Providence Portland Medical Foundation
How much does Providence Portland Medical Foundation give each year?
Providence Portland Medical Foundation gave $33.9M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $20.7M across 2 grants.
How large is Providence Portland Medical Foundation?
Providence Portland Medical Foundation reported $249.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $35.7M.
What is Providence Portland Medical Foundation?
Providence Portland Medical Foundation is a public charity focused on Health, based in Portland, OR. It holds $249.3M in total assets as of 2024.
Where does Providence Portland Medical Foundation operate?
Providence Portland Medical Foundation has awarded grants in Missouri, Oregon, Washington.
What is Providence Portland Medical Foundation's EIN?
Providence Portland Medical Foundation's EIN (Employer Identification Number) is 93-1231494. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Providence Portland Medical Foundation by hand.
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Providence Portland Medical Foundation down — hundreds of funders to go?