THE PROVIDENT BANK FOUNDATION
Data sourced from IRS 990-PF public filings
Funds community organizations in New Jersey that focus on employment inclusion, housing, and youth development, supporting a range of educational and social service initiatives.
THE PROVIDENT BANK FOUNDATION has 594 grants on file funding 342 organizations. Giving decreased from $884,445 in 2024 to $616,500 in 2025. Reported assets: $17,422,520.
Total Assets
$17,422,520
Grants (Last Year)
$616,500
Total Grants on File
594
Recipients Funded
342
Giving History
| Year | Total Granted | Grants Made | Avg Grant |
|---|---|---|---|
| 2025 | $616,500 | 51 | $12,088 |
| 2024 | $884,445 | 97 | $9,118 |
| 2023 | $1,282,533 | 104 | $12,332 |
| 2022 | $1,868,684 | 194 | $9,632 |
| 2021 | $1,200,000 | 148 | $8,108 |
Top Grant Recipients
Flemington, NJ
JERSEY CITY, NJ
JERSEY CITY, NJ
BRANCHBURG, NJ
BRIDGEWATER, NJ
GRAND RAPIDS, MI
PATERSON, NJ
PATERSON, NJ
PATERSON, NJ
BRIDGEWATER, NJ
Showing top 10 of 594 grants on file.
Officers & Trustees
From 2025 IRS 990-PF filing (data available for 7 filing years)
DEFOREST SOARIES
DIRECTOR
JEFFRIES SHEIN
DIRECTOR TO 4/24/2025
THOMAS SHARA
DIRECTOR
KAREN MCMULLEN
DIRECTOR
MARY LOUISE FESTA
SECRETARY
CARMINE TORRECUSO SEE STMT 9
TREASURER
SAMANTHA PLOTINO SEE STMT 9
VICE PRESIDENT AND EXECUTIVE DIRECTOR
CHRISTOPHER MARTIN
CHAIRMAN, PRESIDENT AND DIRECTOR
IRS Filing History
THE PROVIDENT BANK FOUNDATION has IRS 990-PF filings on record for 7 years, spanning 2019 to 2025.
Frequently Asked Questions
Other Foundations in New Jersey
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