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
Under IRS private-foundation payout rules, Provision reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Argos International ($78,500), Youth With a Mission ($35,000), City Central Church ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARGOS INTERNATIONAL SEATTLE, WA | DEVELOPMENT WORK IN CENTRAL AMERICA | $78,500 |
| CATHOLIC COMMUNITY SERVICES OF WESTERN WASHINGTON (MATT TALBOT CENTER) SEATTLE, WA | BUILDING PROJECT | $5,000 |
| CITY CENTRAL CHURCH TACOMA, WA | BUILDING PROJECT | $25,000 |
| DADS- DIVINE ALTERNATIVES FOR DADS SERVICES SEATTLE, WA | DADS FATHERHOOD PROGRAM | $5,000 |
| HARBORVIEW FELLOWSHIP CHURCH GIG HARBOR, WA | HF YOUTH MISSION TO TENNESSEE | $25,000 |
| MUSEUM OF GLASS TACOMA, WA | GENERAL OPERATIONS | $5,000 |
| NW NETWORK FOUNDATION BOD PUYALLUP, WA | BENEVOLENT FUND | $20,000 |
| THE SEATTLE SCHOOL OF THEOLOGY AND PSYCHOLOGY SEATTLE, WA | GENERAL OPERATIONS | $5,000 |
| YOUTH WITH A MISSION GARDEN VALLEY, TX | DEVELOPMENT OF GAA SERVICES TO CHRISITAN SCHOOLS IN VARIOUS NATIONS | $35,000 |
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
Frequently Asked Questions
What is Provision?
Provision is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GIG HARBOR, WA. It holds $35.8M in total assets as of 2024.
How large is Provision?
As of 2024, Provision holds $35.8M in total assets with $4.1M in annual revenue. It awarded 9 grants totaling $204K in 2024.
Where does Provision operate?
Provision has awarded grants in California, Colorado, Georgia, Hawaii, Oregon, Pennsylvania, South Carolina, Texas, Washington.
What size grants does Provision award?
In 2024, Provision awarded 9 grants totaling $204K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Provision required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Provision reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Provision's EIN?
Provision's EIN (Employer Identification Number) is 91-2090715. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Provision'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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