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Nema Foundation Inc

SARASOTA, FL EIN: 27-4357830 Website

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 PROVISION BRIDGE. IN 2011, PROVISIONBRIDGE RECEIVED ITS DETERMINATION LETTER FROM THE IRS AS A 501-C3 ORGANIZATION, WITH THE GOAL OF HELPING MORE PEOPLE GIVE TO MEET THE NEEDS IN THEIR COMMUNITY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32.6M

+7.2% YoY

Revenue

$30.5M

+36.3% YoY

Net Investment Income

$1.0M

+46.5% YoY

Expenses

$29.0M

+9.5% YoY

About Nema Foundation Inc

Based on IRS filings

Nema Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32.6M in total assets. Net investment income was $1.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Tallulah Falls

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$34M$51M$68M20202021202220232024
Metric202420232022
Total Assets$32,581,469$30,390,457$33,716,025
Revenue$30,496,474$22,374,951$22,559,102
Expenses$28,964,351$26,451,661$28,947,826
Qualifying Distributions
Net Investment Income$1,004,028$685,219$461,024
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$9M1 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CHERYL GREENDIRECTOR/SEC$54K

From 2024 filing

NameTitleHoursCompensation
BRYAN GREENDIRECTOR/PRE10
CHERYL GREENDIRECTOR/SEC40$54,000
SCOTT MERRITTDIRECTOR/TRE1
JEFF WHITLOCKDIRECTOR
SALVATORE PELLEGRINODIRECTOR
ANDY RUSSELLDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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