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PROVIDENCE FOUNDATION INC

Brooklyn, NY Tax ID: 11-3350828

Providence Foundation Inc, based in Brooklyn, NY, supports Jewish, educational, and religious initiatives with assets of $13.8 million, focusing its funding locally, and is led by uncompensated directors.

About PROVIDENCE FOUNDATION INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

Providence Foundation Inc is a non-profit organization based in Brooklyn, New York, with assets totaling $13,777,900. The foundation focuses on supporting initiatives related to Jewish people, education, religion, Judaism, and human services. In the fiscal year, it reported expenses of $1,549,568 and revenue of $1,546,106. The foundation primarily funds projects within Brooklyn, New York. Key personnel include Michael Melnicke, who serves as President and Director, Breindy Melnicke as Director, and Israel Melnicke as Vice President. Notably, none of these individuals receive compensation for their roles, and they work minimal hours for the foundation.

Focus Areas

Jewish peopleEducationReligionJudaismHuman services

Geographic Focus

NY

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Key Statistics
Total Assets $13.8M
Total Awarded This Year $1.4M
Average Grant Size $6K
Total Grants (Previous Year) 213
Open to New Applicants
% New Applicants Funded
Contact Information
Brooklyn, NY
Geographic Funding Distribution

Financials

Total Assets
$13.8M

+2.6% from previous year

Annual Grants
$1.4M

1 grants awarded in 2024

Expense Ratio
100.2%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$1,383,891SEE SCHEDULE ATTACHEDSEE FOOTNOTEBrooklyn, NY, US2024
$782,309SEE SCHEDULE ATTACHEDSEE FOOTNOTEBrooklyn, NY, US2022
$714,615SEE SCHEDULE ATTACHEDSEE FOOTNOTEBrooklyn, NY, US2023

People

Leadership & Staff

Compensation data from most recent available 990 forms

MM

MICHAEL MELNICKE

PRESDIR

$0 2024
BM

BREINDY MELNICKE

DIRECTOR

$0 2024
IM

ISRAEL MELNICKE

VICE PRESIDENT

$0 2024
Showing 3 of 3 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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