Nema Foundation Inc.
Nema Foundation Inc.
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About this organization
Mission
Provisionbridge exists to provide an easy, tax-efficient way for individuals, families and organizations to give charitably to organizations that provide care for those in need. Difficult times, rising medical costs, natural disasters, and other problems have left more and more families in need of financial assistance and more families and organizations wanting to help. Recognizing these needs led a team of dedicated leaders in the nonprofit community to start Provisionbridge. In 2011, Provision Bridge received its determination letter from the IRS as a 501c3 organization, with the goal of helping more people give to meet the needs in their community.
About
Nema Foundation (Provisionbridge) exits to support 501(c)(3) charitable organizations from donor advised funds, which enable donors to contribute assets and then recommend grants from the fund to charities that provide care for those in need. Provisionbridge personnel assess and qualify grantees; therefore, the costs associated with these activities are included in the program services component of expense.
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “Provisionbridge exists to provide an easy, tax-efficient way for individuals, families and organizations to give charitably to organizations that provide care for those in need.difficult times, rising medical costs, natural disasters, and other problems have left more and more families in need of financial assistance and more families and organizations wanting to help. recognizing these needs led a team of dedicated leaders in the nonprofit community to start provisionbridge. in 2011, provision bridge received its determination letter from the irs as a 501c3 organization, with the goal of helping more people give to meet the needs in their community.”.
When explaining its purpose, the activities were outlined as: “Provisionbridge exists to provide an easy, tax-efficient way for individuals, families and organizations to give charitably to organizations that provide care for those in need.difficult times, rising medical costs, natural disasters, and other problems have left more and more families in need of financial assistance and more families and organizations wanting to help. recognizing these needs led a team of dedicated leaders in the nonprofit community to start provisionbridge. in 2011, provision bridge received its determination letter from the irs as a 501c3 organization, with the goal of helping more people give to meet the needs in their community.”.
- As per legal reporting requirements, the state of operation for the non-profit is GA.
- The non-profit's address for 2020 is listed as P O BOX 157, TALLULAH FALLS, GA, 30573 in the filing.
- As per the non-profit's form, they have 2 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,131,665.
- The CEO's compensation policy within the organization is not established through a review and approval from a neutral party.
- The organization has 3 independent voting members.
- The organization was formed in 2011.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $87,867 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
Additional Non-Profits in the area
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