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Davidson Nicely Associate Assistance Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814803325 ✦ Chevy chase, MD ✦ Designated as a 501(c)(3)

Overview

What is Davidson Nicely Associate Assistance Fund?

The Davidson Nicely Associate Assistance Fund is a nonprofit organization, specifically established to offer emergency financial aid and disaster relief to employees of GEICO who encounter temporary financial hardships due to unforeseen circumstances beyond their control. These circumstances include disasters, serious illness or injury, death, military deployment, and domestic violence. The fund's mission is to provide immediate financial support during these challenging times, with a maximum grant assistance of $25,000 per associate within a 12-month period. The organization operates with a compassionate goal to alleviate the financial burden faced by GEICO associates and their families during such emergencies.


Is Davidson Nicely Associate Assistance Fund legitimate?

Davidson Nicely Associate Assistance Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Davidson Nicely Associate Assistance Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Davidson Nicely Associate Assistance Fund?
Who is the CEO of Davidson Nicely Associate Assistance Fund?
What is the revenue of Davidson Nicely Associate Assistance Fund?
Who are the executives of Davidson Nicely Associate Assistance Fund and what are their salaries?
Where can I find the form 990 for Davidson Nicely Associate Assistance Fund?

Mission Statement of Davidson Nicely Associate Assistance Fund

The Davidson Nicely Associate Assistance Fund is an organization dedicated to providing immediate financial aid to Geico associates and their families during times of disaster and unexpected emergency economic hardship events. Its mission is to offer financial support in the form of grants to help alleviate temporary financial distress caused by sudden and unforeseen occurrences. These events must create a pressing and non-recurring financial need for a Geico associate, and they must have occurred within the past nine months and been beyond the associate's control. Qualifying events fall under several categories, including disasters, serious illness or injury, death, military deployment, and domestic violence. The grant assistance provided by the Davidson Nicely Associate Assistance Fund is limited to $25,000 per associate within a rolling 12-month period.

Impact

This information is meant to be a general summary of Davidson Nicely Associate Assistance Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Davidson Nicely Associate Assistance Fund has a significant impact on GEICO associates and their families by providing immediate financial support during times of disaster and unexpected economic hardship events. The organization's grant program offers emergency assistance and disaster relief to GEICO employees facing temporary financial challenges that are not covered by insurance or other resources. This assistance is crucial in helping associates deal with sudden and unexpected occurrences such as disasters, serious illness or injury, death, military deployment, and domestic violence. The fund's support, which is limited to $25,000 per associate in a rolling 12-month period, plays a vital role in helping those in need within the GEICO community to navigate through difficult times and rebuild their lives.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $424,364
  • Program Service Revenue: $0
  • Gross Receipts: $1,365,193

    • Assets and Liabilities:
  • Total Assets: $43,229,549
  • Total Liabilities: $76,098
  • Net Assets: $43,153,451
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Amy Wolfe

    Main Address

    5260 WESTERN AVENUE, CHEVY CHASE, MD, 20815

    NTEE Category

    Code: T30 - Philanthropy

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