Provident Credit Union
Provident Credit Union is a public charity based in Redwood City, California. Founded in 1950, it is a member-owned financial cooperative whose website describes its mission as championing members’ financial well-being and enriching the community through service. Its grantmaking includes support for community organizations, museums, and student organizations.
Provident Credit Union at a glance
In short: Provident Credit Union gave $128K across 10 grants in 2024 (avg $13K), mostly in California. 50% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $128,375
- -3.8% vs 2023
- Grants made (2024)
- 10
- +25.0% vs 2023
- Average grant
- $12,838
- -23.1% vs 2023
- Median grant
- $10,000
- Total assets
- $3,546,468,170
- +1.4% vs 2023
- New grantees (estimate)
- 50% first-time grantees (5 of 10, 2024; small sample)
- Primary geography
- California (92% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Provident Credit Union
- How to Apply
-
For the student and museum programs, the website describes eligibility and says to stay tuned for the next opportunity, but does not provide application instructions or materials.
- Contact
Mailing address: 303 Twin Dolphin Drive, Redwood City, CA 94065
Phone: (650) 508-0300
Website: https://providentcu.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Provident Credit Union funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Cristo Rey De La Salle East Bay ($29K). Together the top 9 received $108K.
Organizations only. It also paid 1 grant to individuals ($20,000), which are not listed by name.
Grant Size Distribution
62 grants across all recorded years
The most common grant size was under $50K: 59 grants of 62 (95%).
Geographic Focus
Where this funder awards grants
The 2024 filing shows that 92% of grant dollars went to recipients in California and 8% to recipients in Iowa. The website’s student grant programs are for organizations at the University of San Francisco and an individual recipient State University; its museum grant is for a museum within California.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
States
Cities
Is Provident Credit Union open to new grantees?
50%
first-time grantees, 2024
In 2024, 5 of 10 grantees (50%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $10K; repeat grants $15K. How we count
Medians: $10K first-time, $10K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $128K (2024) to $203K (2020). In 2024 it made 10 grants totaling $128K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cristo Rey De La Salle East Bay Oakland, CA | To Support and Encourage Corporate Work Study Program. | $29,375 |
| 1 grant to individuals Recipients not named | — | $20,000 |
| Habitat for Humanity Greater San Francisco San Francisco, CA | To bring people together to build homes, communities, and hope. | $15,000 |
| Tower Foundation of SJSU San Jose, CA | To Support Student Clubs, Campus Culture, and Philanthropy | $11,500 |
| One Life Counseling San Carlos, CA | To Support Mental Health Awareness and Community Healing | $10,000 |
| American Heart Association Boone, IA | To promote cardiovascular health and fund lifesaving research and programs | $10,000 |
| Omega-Sigma Iota Scholarship Fund Inc Oakland, CA | To bring educational support and financial aid to students in need | $10,000 |
| Easterseals Bay Area Walnut Creek, CA | To Support Disability Services, Rehabilitation, and Inclusion Programs | $8,500 |
| Rebuilding Together Peninsula Redwood City, CA | To bring people together to repair homes, communities, and help our neighbors stay in their homes. | $8,000 |
| Habitat for Humanity East Bay Oakland, CA | To Bring Volunteer Engagement and Community Building | $6,000 |
Ready to take the next step with Provident Credit Union?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $3,546,468,170 | $163,813,640 | $160,494,045 | $128,375 | 10 | $27,547,858 |
| 2023 | $3,497,380,170 | $145,149,155 | $137,818,872 | $133,500 | 8 | $19,596,721 |
| 2022 | $3,510,687,147 | $112,950,041 | $107,810,551 | $172,500 | 9 | $15,765,485 |
| 2021 | $3,536,838,918 | $114,626,988 | $104,236,674 | $175,000 | 16 | $6,304,847 |
| 2020 | $3,317,870,698 | $140,292,462 | $121,217,100 | $203,032 | 19 | $10,291,972 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
In its 2024 filing, Provident describes its cooperative mission as promoting thrift and savings among members, providing them with credit, and enabling them to use and control their money democratically to improve their economic and social conditions. Its website states a related mission: “To champion our members’ financial well-being and enrich our community through exceptional service.”
Its giving includes education, community engagement, housing, mental health, disability services, and health-related causes. For example, Cristo Rey De La Salle East Bay received support for its corporate work-study program, and an individual recipient State University received support for community engagement and student programs. Among housing grantees, Rebuilding Together Peninsula describes its mission as repairing homes, revitalizing communities, and rebuilding lives. Habitat for Humanity East Bay says it works to expand fair access to affordable homeownership and help families build stable futures.
Grantmaking
Provident reported 10 grants totaling $128,375 in filing year 2024. Grant amounts ranged from $6,000 to $29,375, with a median of $10,000. The largest awards included $29,375 to Cristo Rey De La Salle East Bay for its corporate work-study program; $20,000 to an individual recipient State University for community engagement and student programs; and $15,000 to Habitat for Humanity Greater San Francisco for its housing and community-building work.
The filing also lists $11,500 to the Tower Foundation of SJSU, $10,000 to One Life Counseling, $10,000 to the American Heart Association, $10,000 to Omega-Sigma Iota Scholarship Fund, $8,500 to Easterseals Bay Area, $8,000 to Rebuilding Together Peninsula, and $6,000 to Habitat for Humanity East Bay.
Provident’s website describes annual $500 grant programs for service-related student organizations at the University of San Francisco and an individual recipient State University. The stated criteria include being in good standing with the university, alignment with Provident’s community commitment, and a community-service-related program or event that directly impacts the community. Organizations with political or religious affiliations are ineligible. The website says the next student grant programs were expected to launch in August 2026; that date has passed.
A separate museum program offers a $1,000 grant to a California museum that is a member of the California Association of Museums, aligns with Provident’s community commitment, and proposes a program, event, or exhibit that directly impacts the community. Organizations with political or religious affiliations are ineligible. The website identifies the Napa County Historical Society as the 2025 recipient.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing are June Rothe, chairman; Samuel Johnson Jr, vice chairman; Christine Boland, secretary; David Buckmaster, treasurer; David Pelzner, Scott O’Brien, Bob Lanzone, George Descalso, and Andrea Kenter, board members; and Scott McWhirter, supervisory committee chair.
Provident Credit Union is led by James Ernest, President & CEO on every filing since 2020; 17 of 31 officers listed in 2024 are compensated.
Officers on the 2024 filing
James Ernest
President & CEO
On filings since 2020
40 hrs/week
$909K (2020) → $1.2M (2024)
June Rothe
Chairman
Vice Chairman → Chairman, 2023
On filings since 2020
2 hrs/week
No compensation reported
Scott McWhirter
Supv Cmte Chair
On filings since 2020
2 hrs/week
No compensation reported
Christine M. Keane
Vice President & Risk Management
Vice President Risk Management → Vice President & Risk Management, 2021
On filings since 2020
40 hrs/week
$200K (2020) → $223K (2024)
Fatemeh Asad Sangabi
Senior Mortgage Cons.
Senior Mortgage Consultant → Senior Mortgage Cons., 2022
On filings since 2020
40 hrs/week
$577K (2020) → $186K (2024)
Fred Gomes
Senior Vice President
On filings since 2020
40 hrs/week
$362K (2020) → $446K (2024)
Greg Kent McCurdy
Vice President & Lending
Vice President Lending → Vice President & Lending, 2021
On filings since 2020
40 hrs/week
$286K (2020) → $360K (2024)
Jennifer Lee
Senior Vice President & Cfao
CFO → Senior Vice President & Cfao, 2023
On filings since 2020
40 hrs/week
$379K (2020) → $552K (2024)
John Haggarty
Vice President & Marketing
Vice President Marketing → Vice President & Marketing, 2021
On filings since 2020
40 hrs/week
$287K (2020) → $344K (2024)
John Paul Reilly
Vice President, Bs & O
Vice President Bs & O → Vice President, Bs & O, 2021
On filings since 2020
40 hrs/week
$299K (2020) → $336K (2024)
Mohamad A. Sangabi
Senior Mortgage Cons.
Senior Mortgage Consultant → Senior Mortgage Cons., 2022
On filings since 2020
40 hrs/week
$804K (2020) → $250K (2024)
Phuong Patricia Jacobs
Mortgage Counselor I
On filings since 2020
40 hrs/week
$494K (2020) → $149K (2024)
Shalini Sahdeo Narayan
Vice President & Service Quality
Vice President Service Quality → Vice President & Service Quality, 2021
On filings since 2020
40 hrs/week
$236K (2020) → $293K (2024)
Ganesh Raghavan
Vice President, Network Infrastructure & Security
On filings since 2021
40 hrs/week
$290K (2021) → $384K (2024)
Paul Shea
Vice President & Human Resources
On filings since 2022
40 hrs/week
$209K (2022) → $257K (2024)
Janelle Huynh
Vice President & Finance
On filings since 2023
40 hrs/week
$216K (2023) → $230K (2024)
David Herrera Jr.
Senior Mortgage Cons.
New on the 2024 filing
40 hrs/week
$151K (2024)
Eric Cardona
Vice President, It Development Ops & Support
New on the 2024 filing
40 hrs/week
$303K (2024)
Norman Whiteman
Senior Mortgage Cons.
New on the 2024 filing
40 hrs/week
$126K (2024)
Andrea Kenter
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Bob Lanzone
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Christine Boland
Secretary
Treasurer → Secretary, 2023
On filings since 2020
2 hrs/week
No compensation reported
David Buckmaster
Treasurer
Board Member → Treasurer, 2023
On filings since 2020
2 hrs/week
No compensation reported
David Pelzner
Board Member
Chairman → Board Member, 2023
On filings since 2020
2 hrs/week
No compensation reported
George Descalso
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Rosanne Foust
Supv Cmte Member
Supv Cmte → Supv Cmte Member, 2021
On filings since 2020
2 hrs/week
No compensation reported
Samuel Johnson Jr.
Vice Chairman
Secretary → Vice Chairman, 2023
On filings since 2020
2 hrs/week
No compensation reported
Scott O'Brien
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Gregory Teshara
Supv Cmte Member
On filings since 2021
2 hrs/week
No compensation reported
Kenneth Rubay
Supv Cmte Member
On filings since 2021
2 hrs/week
No compensation reported
Todd McCormack
Supv Cmte Member
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (7)
- Former: Connie K. Finch (2020–2023) — Vice President, Systems & Tech
- Former: Heidi Parks (2020–2023) — Senior Vice President
- Former: Lan Figueroa (2020–2023) — Senior Mortgage Cons.
- Former: Robert Bernard Kettmann (2020–2023) — Mortgage Production Sales Manager
- Former: James Paul Traceski (2020–2022) — Vice President & Human Resources
- Former: Matthew Lawrence Agius (2022) — Financial Consultant
- Former: Oliver Bouligny III (2020–2021) — Supv Cmte Member
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $1.2M, to James Ernest (President/CEO). 17 officers or directors reported compensation on that filing.
Frequently asked questions about Provident Credit Union
How much does Provident Credit Union give each year?
Provident Credit Union gave $128K across 10 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $134K across 8 grants.
What is Provident Credit Union's typical grant size?
Provident Credit Union's median grant in 2024 was $10,000, and its average grant was $12,838, across 10 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Provident Credit Union that year got $10K on average.
Where does Provident Credit Union give grants?
Provident Credit Union gives mostly in California: 92% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Iowa (8%). The most frequent recipient cities were Oakland, CA (3 grants).
Does Provident Credit Union give general operating support?
Not in 2024: none of the 10 grants with a stated purpose on Provident Credit Union's 2024 IRS Form 990 were described as general or operating support.
Who are Provident Credit Union's largest grantees?
Provident Credit Union's largest 2024 grantees include Cristo Rey De La Salle East Bay ($29,375), Habitat for Humanity Greater San Francisco ($15,000) and Tower Foundation of SJSU ($11,500), according to its 2024 IRS Form 990. It also paid 1 grant to individuals ($20,000), which are not listed by name. Together they received 44% of its itemized 2024 grant dollars.
How large is Provident Credit Union?
Provident Credit Union reported $3.5B in total assets on its 2024 IRS Form 990. Its revenue that year was $163.8M.
What does Provident Credit Union fund?
In its 2024 filing, Provident describes its cooperative mission as promoting thrift and savings among members, providing them with credit, and enabling them to use and control their money democratically to improve their economic and social conditions. See mission & focus areas ↑
How do I apply for a grant from Provident Credit Union?
For the student and museum programs, the website describes eligibility and says to stay tuned for the next opportunity, but does not provide application instructions or materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Provident Credit Union's EIN?
Provident Credit Union's EIN (Employer Identification Number) is 94-1482957. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 27, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Provident Credit Union's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Provident Credit Union funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/provident-credit-union-morg_17341d2ebec84603b31ab57cd6107195
BibTeX
@misc{grantable_941482957_2026,
author = {{Grantable}},
title = {{Provident Credit Union funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/provident-credit-union-morg_17341d2ebec84603b31ab57cd6107195},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Provident Credit Union's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Provident Credit Union down — hundreds of funders to go?