The Provident Foundation Trust

Private foundation · Grantmaker Great River, NY EIN: 20-0097388

The Provident Foundation Trust is a private foundation, based in Great River, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $645K in total assets. In 2025, it awarded 6 grants totaling $40K. Net investment income was $8K.

Key facts about The Provident Foundation Trust

In short: The Provident Foundation Trust gave $40K across 6 grants in 2025 (avg $7K), top state Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
20-0097388
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$40,000
Grants made (2025)
6
Average grant
$6,667
Median grant
$8,000
Total assets
$645,193
Primary geography
Massachusetts (35% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$645K

+3.7% YoY

Annual Giving

$40K

+14.3% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$7K

-23.8% YoY

Under IRS private-foundation payout rules, The Provident Foundation Trust reported a distributable amount of $45K for 2025 — the minimum it must pay out in qualifying distributions.

How The Provident Foundation Trust gives

  • Giving grew 63% from 2022 to 2025. Method
  • In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

Little RockWallingfordWalthamStamfordBostonFranklinSharon

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K4 grants2021 4 grants2022 4 grants2023 4 grants2024 6 grants2025

From 2021 to 2025, annual grant giving ranged from $25K (2021) to $40K (2025). In 2025 it made 6 grants totaling $40K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

More Than Words: $10KMore Than Words$10KCharitywater: $10KCharitywater$10KConnecticut Foodshare: $8KConnecticut Foodshare$8KHeifer International: $8KHeifer International$8KSt Anthony Shrine: $2KSt Anthony Shrine$2K22 Mohawks: $2K22 Mohawks$2K

The largest 2025 recipient was More Than Words ($10K). Together the top 6 received $40K.

Grant Size Distribution

22 grants across all recorded years

22<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 22 grants of 22 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
More Than Words Waltham, MATo Fund Programs Which Empower Youth.$10,000
Charitywater Franklin, TNFund Clean Water Projects$10,000
Connecticut Foodshare Wallingford, CTTo Provide Nutritious Food to People in Need.$8,000
Heifer International Little Rock, ARTo support farmers and their communities in order to improve the quantity and quality of the goods they produce$8,000
St Anthony Shrine Boston, MAFund spiritual and practical help for those in need$2,000
22 Mohawks Sharon, MAFund assistance to veterans and first responders who need help with navigating the struggles of everyday life.$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$645,193$621,973$565,348
Revenue$76,437$100,273$172,897
Expenses$53,221$43,634$39,857
Qualifying Distributions$40,000$35,000$32,000
Net Investment Income$8,208$34,639$23,540
Distributable Amount$45,148$39,262$34,863

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

The Provident Foundation Trust is led by Colleen D. Cove, Chairperson & Trustee on every filing since 2021; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Colleen D. Cove

    Chairperson & Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Clare Dube

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Robert E. Dowler

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Gregory S. Dowler

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jed Dowler

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: John E. Dowler (2022–2024) — Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Provident Foundation Trust

How much does The Provident Foundation Trust give each year?

The Provident Foundation Trust gave $40K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $35K across 4 grants.

What is The Provident Foundation Trust's typical grant size?

The Provident Foundation Trust's median grant in 2025 was $8,000, and its average grant was $6,667, across 6 grants on its 2025 IRS Form 990-PF.

Where does The Provident Foundation Trust give grants?

The Provident Foundation Trust's top state is Massachusetts, with 35% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Tennessee (25%) and Connecticut (20%).

Does The Provident Foundation Trust give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on The Provident Foundation Trust's 2025 IRS Form 990-PF were described as general or operating support.

Who are The Provident Foundation Trust's largest grantees?

The Provident Foundation Trust's largest 2025 grantees include More Than Words ($10,000), Charitywater ($10,000) and Connecticut Foodshare ($8,000), according to its 2025 IRS Form 990-PF. Together they received 70% of its itemized 2025 grant dollars.

How large is The Provident Foundation Trust?

The Provident Foundation Trust reported $645K in total assets on its 2025 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $45K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is The Provident Foundation Trust's EIN?

The Provident Foundation Trust's EIN (Employer Identification Number) is 20-0097388. IRS Form 990 filing data is available on this page for 2021–2025.

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

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