The Providence Foundation
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.
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.
Ready to take the next step with The Providence Foundation?
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
Share of 2025 grant dollars across all 13 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2025 recipient was Crossroads Corp ($50K). Together the top 10 received $164K.
Grant Size Distribution
64 grants across all recorded years
The most common grant size was under $50K: 60 grants of 64 (94%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Crossroads Corp Charlotte, NC | To Further Charitable Purpose | $50,000 |
| Accessible Hope International Wheaton, IL | To Further Charitable Purpose | $25,000 |
| Operation Airdrop Louisville, TX | To Further Charitable Purposes | $15,000 |
| The Foundation for Tomorrow Charlotte, NC | To Further Charitable Purpose | $15,000 |
| Sacred Valley Project Montclair, NJ | To Further Cahritable Purpose | $13,500 |
| Hope Inc Rock Hill, SC | To Further Charitable Purpose | $10,000 |
| Project Hope Foundation Greenville, SC | To Further Charitable Purpose | $10,000 |
| Water Mission North Charleston, SC | To Further Charitable Purpose | $10,000 |
| First in Familes of Mecklenburg Charlotte, NC | To Further Charitable Purpose | $7,500 |
| Food for the Poor Coconut Creek, FL | To 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) |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Added Form 990-PF for fiscal year 2019 (received by the IRS September 2, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- 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.
Here's the math on researching The Providence Foundation by hand.
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