Provision is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GIG HARBOR, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $35.8M in total assets. In 2024, it awarded 9 grants totaling $204K. Net investment income was $3.7M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.8M
+6.1% YoY
Annual Giving
$204K
-46.0% YoY
Grant Count
9
-52.6% YoY
Avg Grant Size
$23K
+14.0% YoY
About Provision
Based on IRS filings
Provision is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GIG HARBOR, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $35.8M in total assets. In 2024, it awarded 9 grants totaling $204K. Net investment income was $3.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,849,610 | $33,788,414 | $35,236,112 |
| Revenue | $4,110,488 | $3,514,821 | $-225,731 |
| Expenses | $2,033,454 | $2,296,754 | $1,922,016 |
| Qualifying Distributions | $1,311,748 | $1,295,432 | $2,660,087 |
| Net Investment Income | $3,707,667 | $2,749,837 | $32,998 |
| Distributable Amount | $1,747,885 | $1,547,231 | $1,801,682 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC RUSSELL | EXECUTIVE DIRECTOR | 40 | $315,738 |
| MARSHA RUSSELL | DIRECTOR | 1 | — |
| CHI-DOOH LI | DIRECTOR | 1 | — |
| NICK RUSSELL | DIRECTOR | 1 | — |
| CAROL LICHTENBERG | SECRETARY | 12 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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