The Providence Foundation

Private foundation · Grantmaker Charlotte, NC EIN: 20-3974511

THE PROVIDENCE FOUNDATION is a private foundation based in Charlotte, North Carolina. In its 2025 filing, it reported 13 grants totaling $181,000 to charitable organizations, including organizations working in education, emergency response, basic needs, and other areas.

Key facts about The Providence Foundation

In short: The Providence Foundation gave $181K across 13 grants in 2025 (avg $14K), top state North Carolina. 23% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
20-3974511
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$181,000
Grants made (2025)
13
Average grant
$13,923
Median grant
$10,000
New grantees (estimate)
23% first-time grantees (3 of 13, 2025)
Total assets
$3,514,358
Primary geography
North Carolina (47% of itemized 2025 grant dollars)
How to apply
The foundation’s filing says it accepts annual recommendations from Project Espwa. Full details ↓
Deadline
Students are evaluated on a continuous basis.

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.5M

+111.1% YoY

Annual Giving

$181K

-36.2% YoY

Grant Count

13

-7.1% YoY

Avg Grant Size

$14K

-31.2% YoY

Is The Providence Foundation open to new grantees?

23%

first-time grantees, 2025

In 2025, 3 of 13 grantees (23%) were first-time recipients. First grants averaged $8K; repeat grants $16K. How we count

Medians: $5K first-time, $10K repeat.

  • 69% of 2025 grantees were also funded in 2024. Method
  • Giving grew 61% from 2022 to 2025. Method
  • In 2021 it paid out 205% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants included organizations whose own missions span several areas. For example, The Foundation for Tomorrow describes its work as securing education and emotional support for orphaned and vulnerable children; Sacred Valley Project describes providing boarding and supplementary education to young women from low-income families in remote areas of the Andes; and Project Hope Foundation describes providing autism services and promoting inclusion. Other 2025 grantees describe work in crisis response, food and basic-needs assistance, and international aid.

Grantmaking

In 2025, the foundation reported 13 grants totaling $181,000. Grant amounts ranged from $5,000 to $50,000, with a median of $10,000. The largest reported awards included $50,000 to Crossroads Corp, $25,000 to Accessible Hope International, and $15,000 each to Operation Airdrop and The Foundation for Tomorrow. Other named recipients included Sacred Valley Project ($13,500), Hope Inc ($10,000), Project Hope Foundation ($10,000), Water Mission ($10,000), First in Families of Mecklenburg ($7,500), Food for the Poor ($7,500), and Samaritan’s Purse ($7,500).

Review Cycle

Students are evaluated on a continuous basis.

How to Apply

for outside organizations. Students must be able to read and write English, meet the criteria to obtain a U.S. visa, and have preapproval and acceptance from an accredited education or training institution. A seven-member selection committee evaluates candidates using interviews, director evaluations of character and attitude, TOEFL and national examination results, and information about other scholarships available to them.

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Geographic Focus

Where this funder awards grants

The foundation is based in Charlotte, North Carolina. Its 2025 grant dollars were reported as going to recipients in North Carolina (47%), South Carolina (19%), Illinois (14%), Texas (8%), and New Jersey (7%). Named 2025 recipients also included organizations in Florida. These figures describe the locations of recipients, not necessarily where their work takes place.

Grant Distribution by State

10states

Share of 2025 grant dollars across all 13 itemized grants.

Cities

GreenvilleCharlotteNorth CharlestonBooneHigh PointAtlantaBoca RatonClemsonBelmontBoiling SpringsCoconut CreekLymanMontclairRock HillWheatonAlpharettaFairfieldGreensboroLouisvilleMatthews

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K10 grants2019 12 grants2020 15 grants2021 13 grants2022 9 grants2023 14 grants2024 13 grants2025

From 2019 to 2025, annual grant giving ranged from $99K (2020) to $294K (2021). In 2025 it made 13 grants totaling $181K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Crossroads Corp: $50KCrossroads Corp$50KAccessible Hope International: $25KAccessible Hope International$25KOperation Airdrop: $15KOperation Airdrop$15KThe Foundation for Tomorrow: $15KThe Foundation for Tomorrow$15KSacred Valley Project: $14KSacred Valley Project$14KHope Inc: $10KHope Inc$10KProject Hope Foundation: $10KProject Hope Foundation$10KWater Mission: $10KWater Mission$10KFirst in Familes of Mecklenburg: $8KFirst in Familes ofMecklenburg$8KFood for the Poor: $8KFood for the Poor$8K

The largest 2025 recipient was Crossroads Corp ($50K). Together the top 10 received $164K.

Grant Size Distribution

64 grants across all recorded years

60<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 60 grants of 64 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Crossroads Corp Charlotte, NCTo Further Charitable Purpose$50,000
Accessible Hope International Wheaton, ILTo Further Charitable Purpose$25,000
Operation Airdrop Louisville, TXTo Further Charitable Purposes$15,000
The Foundation for Tomorrow Charlotte, NCTo Further Charitable Purpose$15,000
Sacred Valley Project Montclair, NJTo Further Cahritable Purpose$13,500
Hope Inc Rock Hill, SCTo Further Charitable Purpose$10,000
Project Hope Foundation Greenville, SCTo Further Charitable Purpose$10,000
Water Mission North Charleston, SCTo Further Charitable Purpose$10,000
First in Familes of Mecklenburg Charlotte, NCTo Further Charitable Purpose$7,500
Food for the Poor Coconut Creek, FLTo Further Charitable Purpose$7,500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $3,514,358 $2,056,427 $207,107 $181,000 (13 grants)
2024 $1,665,038 $106,049 $310,994 $283,520 (14 grants)
2023 $1,869,983 $160,010 $147,689 $127,000 (9 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,514,358$1,665,038$1,869,983
Revenue$2,056,427$106,049$160,010
Expenses$207,107$310,994$147,689
Qualifying Distributions$181,000$283,520$127,000
Net Investment Income$57,267—$1,156

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS September 2, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists William A Misiaveg Sr as president and William A Misiaveg Jr as director.

The Providence Foundation is led by William A. Misiaveg Sr., President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • William A. Misiaveg Sr.

    President

    On filings since 2019

    6 hrs/week

    No compensation reported

  • William A. Misiaveg Jr.

    Director

    On filings since 2019

    3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: William A Misiaveg Sr
Mailing address: 3826 Warrington Way, Charlotte, NC 28211
Phone: (864) 380-4673
Email: bill.misiaveg@choldings.com

Frequently asked questions about The Providence Foundation

How much does The Providence Foundation give each year?

The Providence Foundation gave $181K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $284K across 14 grants.

What is The Providence Foundation's typical grant size?

The Providence Foundation's median grant in 2025 was $10,000, and its average grant was $13,923, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Providence Foundation that year got $8K on average.

Where does The Providence Foundation give grants?

The Providence Foundation's top state is North Carolina, with 47% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were South Carolina (19%) and Illinois (14%). The most frequent recipient cities were Charlotte, NC (4 grants) and Greenville, SC (2 grants).

Who are The Providence Foundation's largest grantees?

The Providence Foundation's largest 2025 grantees include Crossroads Corp ($50,000), Accessible Hope International ($25,000) and Operation Airdrop ($15,000), according to its 2025 IRS Form 990-PF. Together they received 50% of its itemized 2025 grant dollars.

How large is The Providence Foundation?

The Providence Foundation reported $3.5M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $2.1M.

What does The Providence Foundation fund?

No mission statement for the foundation is provided. Its 2025 grants included organizations whose own missions span several areas. See mission & focus areas ↑

How do I apply for a grant from The Providence Foundation?

The foundation’s filing says it accepts annual recommendations from Project Espwa. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Providence Foundation's EIN?

The Providence Foundation's EIN (Employer Identification Number) is 20-3974511. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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