Provident Savings Bank Charitablefoundation Inc
- Assets
- $516.1k
- Revenue
- $47.1k
- Investments
- $100.0k
- Employees
- 0
- Location
- Riverside, CA
- Founding
- 01/2007
- Data as of
- 05/2024
- EIN
- 20-5664114
Organization Overview
Provident Savings Bank Charitablefoundation Inc is located in Riverside, CA. The organization was established in 2007. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Provident Savings Bank Charitablefoundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2024, Provident Savings Bank Charitablefoundation Inc generated $47.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $30.2k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Provident Savings Bank Charitablefoundation Inc has awarded 45 individual grants totaling $138,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Blunden Director CEO | 1 | $0 | |
Debbie Guthrie Director CFO Secretary | 1 | $0 | |
Michael Van Stockum Director | 1 | $0 | |
Judy Carpenter Director | 1 | $0 | |
Fran Warren Director | 1 | $0 | |
Garri Nickel Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $43,020 |
| Interest on Savings | $187 |
| Dividends & Interest | $3,938 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $47,145 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $170 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $30,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $416,125 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $516,098 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Provident Savings Bank Charitablefoundation Inc has awarded $30,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
RMC CHARITABLE FOUNDATION PURPOSE: BULLYING PREVENTION HERO PROGRAM | $3,500 |
ASSISTANCE LEAGUE OF RIVERSIDE PURPOSE: OPERATION SCHOOL BELL | $5,000 |
AMERICAN HEART ASSOCIATION PURPOSE: REQUESTS FOR CPR IN-SCHOOL KITS | $2,500 |
MICROENTERPRISE COLLABORATIVE OF INLAND SOUTHERN CALIFORNIA PURPOSE: REQUEST FOR FUNDING FOR EDUCATION FOR SMALL BUSINESSES | $2,500 |
SMILES FOR SENIORS FOUNDATION PURPOSE: REQUEST TO PROVIDE FINANCIAL ASSISTANCE FOR LOW-INCOME SENIORS | $5,000 |
RIVERSIDE COMMUNITY COLLEGE PURPOSE: FUNDING FOR GUARDIAN SCHOLARS COLLEGE TOUR FOSTER YOUTH | $2,500 |