About Ascension Providence
Ascension Providence prioritizes local community health and civic life in the Waco/Heart of Texas area while also supporting national health nonprofits through event sponsorships. The foundation makes large internal/affiliate grants to its Providence entities and a broad set of smaller, program- or event-focused gifts that support community development, health services, and fundraising events. Many grants are visibly tied to sponsorships or campaign drives (galas, walks, capital campaigns) rather than restricted program grants. Recipients include a mix of healthcare providers, disaster/poverty relief and civic organizations, and community-development initiatives.
Focus Areas
Operational support and capital/campaign funding for Ascension/Providence-affiliated entitiesSponsorship of health-focused fundraising events (American Heart Association, March of Dimes, American Cancer Society)Community development and economic initiatives in Waco (Greater Waco Chamber/Build Greater Waco campaigns)Local health service delivery support (Waco Family Practice/Federally Qualified Health Center)Support for local social services and volunteer-driven programs (Waco Habitat for Humanity, CASA of McLennan County, Mission Waco)
Who They Fund
About Ascension Providence
A defining feature of Ascension Providence’s recent giving is the size of its internal and affiliate support: a $551,415 operational grant to Ascension Providence Foundation Inc in 2024 and a $490,693 general-support grant to Providence Foundation Inc in 2023. That pattern places affiliated health-system entities at the center of the foundation’s work, alongside a steady flow of community grants tied to Waco-area campaigns, events, and service organizations. The foundation’s recent awards show a practical mix of operating support, campaign funding, and event sponsorships, with many grants linked to fundraising drives rather than highly restricted program awards. Beyond its own network, Ascension Providence supports local civic and health infrastructure in Waco and broader Texas through grants such as $109,287 to Waco Chamber of Commmerce Community Devevelopment for the Community Development Foundation Total Resource Campaign and the Build Greater Waco II campaign, and $101,500 to Waco Family Practice Foundation for operation of a federally qualified health center. The portfolio also includes support for health-related charity events, housing and volunteer services, and community initiatives that serve local residents.
What Ascension Providence Funds
Community development is a recurring theme in the foundation’s Waco giving. It awarded $109,287 to Waco Chamber of Commmerce Community Devevelopment for the Community Development Foundation Total Resource Campaign and the Build Greater Waco II campaign, and $79,820 to Greater Waco Chamber of Commmerce Community Development Foundation for Build Greater Waco and Total Resource campaigns. Health services appear in both institutional and event-based support. The foundation gave $101,500 to Waco Family Practice Foundation to support operation of a federally qualified health center, and $70,000 to American Heart Association Inc in Austin for the Waco Heart Walk and Waco Go Red for Women events. Its grantmaking also reaches housing and family services. Waco Habitat for Humanity Inc received $14,650 for Willis home construction, while Casa of Mclennan County received $9,000 for Crawfish for CASA. These awards show a blend of service delivery, civic campaigns, and sponsored fundraising.
How Ascension Providence Gives
Typical grants cluster around a median of $22,000, with the middle half running from $10,000 to $68,500. The recent record also shows very large internal grants above $490,000, followed by a long tail of smaller gifts tied to events and campaigns. Several recipients appear more than once across 2023 and 2024, including American Heart Association Inc, March of Dimes Inc, Waco Habitat for Humanity Inc, Reach Therapeutic Riding Center, and Inspiracion Inc, which suggests repeat support rather than one-off giving only. Ascension Providence also makes program-related investments, and its recent grants are almost entirely structured as operating support, general support, sponsorships, or campaign support.
Financial Snapshot
Annual Giving
$870K
Total Assets
$206.1M
Total Revenue
$357.5M
Total Expenses
$322.7M
Typical Grant Size
Most grants fall between $10K and $69K, with a median of $22K.
25th Percentile
$10K
Median
$22K
75th Percentile
$69K
Geographic Reach
Regional3 states funded
About 8% of grants go to recipients in TX.
Funding intensity
LowHigh
Headquarters
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