Nonprofit · EIN 27-2029644
PROVISION TRUST INC
Tax-exempt · KNOXVILLE, TN 37922
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $292,196 | $5,590 | $286,606 | $64,217 | $191 | $64,026 |
| December 31, 2024 | 990 | $329 | $4,751 | -$4,422 | $8,485,037 | $8,707,617 | -$222,580 |
| December 31, 2023 | 990 | $731,591 | $7,160 | $724,431 | $13,655,053 | $8,707,161 | $4,947,892 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $43,644
- Program service revenue
- $0
- Investment income
- $233
- Other revenue
- $248,319
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,192
- Management and general (functional)
- $5,590
Balance sheet and other
- Total assets, start of year
- $8,485,037
- Total assets, end of year
- $64,217
- Total liabilities, end of year
- $191
- Net assets, end of year
- $64,026
- Net assets without donor restrictions
- $64,026
- Gross receipts
- $292,196
- Employees
- 0
- Year formed
- 2010
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terry Douglass | President Trustee or director, Officer | 1 | $0 |
| Daryl Heald | Director Trustee or director | 1 | $0 |
| David Wills | Director Trustee or director | 1 | $0 |
| Anne Swartz | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terry Douglass | President Trustee or director, Officer | 1 | $0 |
| Daryl Heald | Director Trustee or director | 1 | $0 |
| David Wills | Director Trustee or director | 1 | $0 |
| Anne Swartz | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terry Douglass | President Trustee or director, Officer | 1 | $0 |
| Daryl Heald | Director Trustee or director | 1 | $0 |
| David Wills | Director Trustee or director | 1 | $0 |
| Anne Swartz | Secretary Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2095 LAKESIDE CENTRE WAY STE 101, KNOXVILLE, TN 37922-6647
- Principal officer (990 for 2025)
- Terry Douglass, 2095 Lakeside Centre Way 101, Knoxville, TN 37922
- Signed the 990
- Anne Swartz, Secretary/CFO
- Phone
- (865) 691-8141
- Return prepared by
- Anne H Swartz
Mission
Provision Trust is a nonprofit corporation organized to carry out the purposes of two public charity organizationsm, namely, National Christian Charitable Foundation, Inc. and Global Generosity, Inc.
Program accomplishments
- In furtherance of the missions and visions of NCCF and Global Generosity, Provision Trust engages in two primary operations. First, it is a grant-making entity. Provision Trust utilizes a grant application process whereby applicants provide certain requested information for review by the board of directors. The board considers each grant request and determines, by a majority vote, whether or not to approve a grant. Grants are only made to organizations whose activities are consistent with the mission and values of NCCF and Global Generosity. Provision Trust is currently a member of four nonprofit entities whose focus is on cancer awareness, research and treatment which is consistent with the charitable visions of the supported organizations and Provision Trust. Provision Trust previously provided financial support to these organizations by extending loans for operational liquidity for quality patient care and by leasing certain medical equipment for their operations. Assets of three of these entities were acquired through Chapter 11 filings from Provision Trust. The other entity is in an inactive status.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2029644
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $64,217
- Income (IRS master file)
- $292,196
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $292,196 | $5,590 | $64,217 | IRS |
| 990 | December 2024 | $329 | $4,751 | $8,485,037 | IRS |
| 990 | December 2023 | $731,591 | $7,160 | $13,655,053 | XML |
| 990 | December 2022 | $736,514 | $202,065 | $13,010,879 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2029644).
Questions about PROVISION TRUST INC
- What is the EIN of PROVISION TRUST INC?
- The employer identification number (EIN) of PROVISION TRUST INC is 27-2029644.
- Is PROVISION TRUST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to PROVISION TRUST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does PROVISION TRUST INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PROVISION TRUST INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROVISION TRUST INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PROVISION TRUST INC?
- The 990 for the year ended December 31, 2025 names Terry Douglass.
- Who are the officers and directors of PROVISION TRUST INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PROVISION TRUST INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $292,196, expenses of $5,590 and total assets of $64,217 at year end.
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All nonprofits in KNOXVILLE · Tennessee · Philanthropy, voluntarism and grantmaking foundations