Providence Housing Corporation concentrates its giving on a single local faith-based higher education institution, providing capital support for campus renovations. All recorded grants went to the New Orleans Baptist Theological Seminary, indicating a strong, place-based commitment to Baptist theological education in New Orleans. The foundation appears focused on facility improvements rather than programmatic operating support or broad geographic diversification.
Highly concentrated: two large grants totaling $1,000,000 directed to a single grantee for capital renovations, demonstrating preference for sizeable, targeted contributions to one core local institution rather than distributed or exploratory funding.
$1M
$30.7M
$3.7M
$3.7M
Most grants fall between $500K and $500K, with a median of $500K.
25th Percentile
$500K
Median
$500K
75th Percentile
$500K
About 100% of grants go to recipients in LA.
BRETT ALLEN
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Notable grantees: New Orleans Baptist Theological Seminary
2024
Source: IRS Form 990-PF, fiscal year 2024.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| NEW ORLEANS BAPTIST THEOLOGICAL SEMINARY | NEW ORLEANS, LA | $500,000 | 2024 | RENOVATIONS |
| NEW ORLEANS BAPTIST THEOLOGICAL SEMINARY | NEW ORLEANS, LA | $500,000 | 2024 | RENOVATIONS |
NEW ORLEANS BAPTIST THEOLOGICAL SEMINARY
$500,000RENOVATIONS
NEW ORLEANS BAPTIST THEOLOGICAL SEMINARY
$500,000RENOVATIONS