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The
Provident Foundation Inc.
("Provident"), d/b/a Provident Group, was founded
in 1999 and incorporated September 7, 1999 as a Georgia
not-for-profit corporation. Provident is an organization
described in Section 501(c) of the Internal Revenue Code of
1986, as amended ("Code"), and is exempt from federal
income taxes under Section 501 (a) of the Code. Provident has
continued at all times since the date of its organization to
operate in such a manner as to constitute an organization
described in Section 501(c)(3) of the Code. Provident's tax
status as an organization described in Section 501 (c) (3) of
the Code has not been modified, limited or revoked.
Mission Focused
Activities
Provident pursues a broad
range of charitable activities and programs that serves to (1) promote
quality healthcare; (2) advance education; (3) meet the special needs of the
elderly; (4) provide safe, decent and affordable housing to low-income
families; (5) lessen the burdens of government; and (6) protect the
environment. Provident pursues its missions while promoting the physical,
emotional and mental health and social well-being of the
individuals, families and communities it serves. Finally,
Provident seeks to serve all of the communities in which it
pursues its mission by assisting in lessening the burdens of
state and local governments in any and all manners that
constitute an authorized charitable activity under Section
501(c)(3) of the code.
In the pursuit of
its charitable mission, it is Provident's goal to become a
national not-for-profit organization committed to the
development, ownership and operation of (1) acute healthcare and
related facilities and services, (2) student housing facilities and
education administration offices, (3) senior living facilities
and communities and supportive services across the country, and
(4) comfortable, affordable low and
moderate income housing communities. Furthermore, Provident will
actively strive to assist state and local governments in
lessening the burdens they face in providing many needed
services to their citizens. Provident will provide the highest
level of professional management services while implementing
creative financing structures to lower the cost of capital in
pursuing its mission based business activities. We firmly
believe this approach will serve to fulfill Provident's mission
while enhancing the quality of all the services within
Provident's facilities and communities and further enhance the
value of each facility within the communities Provident serves.
Provident will
bring to the pursuit of its mission and these opportunities a
team of professionals known for creating value through their (i)
commitment to Provident's mission, (ii) commitment to quality,
(iii) ability to execute, and (iv) strategic relationships with
the national healthcare, senior living and affordable housing
industry, proprietary and non-profit organizations backed by
professional management and legal and financial advisors with
the requisite national reputations. As Provident manages its
mission and its margin, it will be committed to fostering a
reputation for its commitment to its mission and to service to
its communities and to compassionate care, vitality and life
within its communities.
Provident maintains
its Corporate Office in Baton Rouge, Louisiana.
About Provident's Governance and
Senior Management |
