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Filing year 2024

THE PROVIDENT BANK FOUNDATION

Iselin, New Jersey·EIN 04-3739441·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.4M
Total assets
$16.6M
Total expenses
$1.5M
Reported officers
10

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.

V.p. & Executive Director
Median to 75th percentile
$132k
$143k
Treasurer
Board Treasurer
Median to 75th percentile
$18k
$19k
Director
Unclassified
$4k
$4k
Director
Unclassified
$4k
$4k
Director
Unclassified
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE PROVIDENT BANK FOUNDATION equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
9%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$884k

Itemized grants

97

Median grant

$10k

RecipientLocationPurposeAmount
CUMACPATERSON, NJCREATING HEALING-CENTERED COMMUNITIES$33k
AMERICA'S GROW-A-ROW INCPITTSTOWN, NJFRESH PRODUCE INITIATIVE$20k
FOUNDATION FOR EDUCATIONAL ADMINISTRATION (FEA)MONROE TOWNSHIP, NJHEALING CENTERED ENGAGEMENT INITIATIVE$20k
NEW CITY KIDSJERSEY CITY, NJRUBINGH CENTER FOR YOUTH DEVELOPMENT | BUILDING RENOVATIONS$20k
180 TURNING LIVES AROUND INCHAZLET, NJTRANSITIONAL/RAPID RE-HOUSING (TH-RRH)$15k
BERGEN VOLUNTEER MEDICAL INITIATIVE INCHACKENSACK, NJEXPANDING ACCESS TO CARE FOR WORKING, LOW-INCOME BERGEN RESIDENTS$15k
COMMUNITY ACTION LEHIGH VALLEYBETHLEHEM, PASIXTH STREET SHELTER CASE MANAGER EXPANSION$15k
INTERFAITH FOOD PANTRY INCMORRIS PLAINS, NJHEALTHY FOOD FOR EXPANDING MARKETPLACES AND MOBILE NETWORKS$15k
LUNCH BREAK INCRED BANK, NJCLIENT CHOICE PANTRY$15k
PARTNERSBLOOMFIELD, NJPARTNERS PRO BONO PROGRAM FOR SURVIVORS OF DOMESTIC AND SEXUAL VIOLENCE$15k
RIPPLE COMMUNITY INCALLENTOWN, PARCI VILLAGE HOUSING PROGRAM$15k
UNITED WAY OF CENTRAL JERSEY INCMILLTOWN, NJPERTH AMBOY FOC OPERATIONS SUPPORT$15k
CASA SHAWLEBANON, NJADVOCACY FOR ABUSED AND NEGLECTED CHILDREN$13k
CHILDREN'S AID AND FAMILY SERVICES INCPARAMUS, NJMOBILITY MENTORING PROGRAM$13k
COUNTY COLLEGE OF MORRIS FOUNDATIONRANDOLPH, NJCOLLEGE PROMISE PROGRAM AT MORRISTOWN HIGH SCHOOL$13k
FAMILY PROMISE OF SUSSEX COUNTYNEWTON, NJBRIDGING SUPPORTS TO SELF-SUFFICIENCY$13k
JEWISH FAMILY & CHILDREN'S SERVICE OF GREATER MONMOUTH COUNTYASBURY PARK, NJFOOD IS MEDICINE, NOURISH ASBURY FOOD PANTRY$13k
MERCY CENTERASBURY PARK, NJMERCY CENTER FOOD PANTRY$13k
MOVE FOR HUNGERNEPTUNE, NJBRIDGING THE GAP BETWEEN HUNGER AND FOOD WASTE$13k
NEW BETHANY INCBETHLEHEM, PACHOICE FOOD PANTRY$13k
NEW BRUNSWICK TOMORROWNEW BRUNSWICK, NJNEW BRUNSWICK TOMORROW HOUSING INITIATIVES$13k
NORWESCAPPHILLIPSBURG, NJENGAGEMENT PARTNERS ? CONNECTING FAMILIES TO COMPREHENSIVE SERVICES$13k
PRESCHOOL ADVANTAGE INCMORRISTOWN, NJFULL-DAY FOURS: HIGH QUALITY EARLY EDUCATION FOR FAMILIES IN NEED$13k
PROJECT SELF-SUFFICIENCYNEWTON, NJTHE FOOD PROJECT: NOURISHING OUR NEIGHBORS$13k
RESCUING LEFTOVER CUISINENEW YORK, NYEXPAND OUR FOOD RESCUE MISSIONS$13k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 8%
from 2023

From $122k in 2023 to $132k in 2024.

$122k
2023
$132k
2024
In today's dollarsEst.
Up 4% in real terms$137k to $143k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 26%.

$122k in 2023 to $132k in 2024.
  • Board Treasurer pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE PROVIDENT BANK FOUNDATION

What does the Chief Executive Officer of THE PROVIDENT BANK FOUNDATION earn?

In 2024, the Chief Executive Officer of THE PROVIDENT BANK FOUNDATION received $131,810 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE PROVIDENT BANK FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2024 pay of the Chief Executive Officer at THE PROVIDENT BANK FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at THE PROVIDENT BANK FOUNDATION equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE PROVIDENT BANK FOUNDATION's revenue and expenses?

In 2024, THE PROVIDENT BANK FOUNDATION reported $1.4M in total revenue and $1.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.