//
Also known as: SCHOLARSHIP FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Frank J Novak And Joe E Novak Scholarship Foundation is a private corporation based in ORD, NE. The foundation received its IRS ruling in 2003. The principal officer is First National Bank. It holds total assets of $455K. Annual income is reported at $22K. Total assets have decreased from $739K in 2011 to $461K in 2023. The foundation is governed by 3 officers and trustees. Student education loans - five scholarships were awarded. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Nebraska. According to available records, Frank J Novak And Joe E Novak Scholarship Foundation has made 20 grants totaling $100K, with a median grant of $5K. Annual giving has grown from $25K in 2020 to $50K in 2022. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Nebraska. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$5K
Based on 5 grants from the most recent 990-PF filing.
Student education loans - five scholarships were awarded
Expenses: $25K
Student education loans - five scholarships were awarded. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NE.
Frank J Novak And Joe E Novak Scholarship Foundation has distributed a total of $100K across 20 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $5K to $5K.
The application deadline is APRIL 1ST OF EACH YEAR. Must be used for education.
Frank J Novak And Joe E Novak Scholarship Foundation is headquartered in ORD, NE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paula Musil | SECRETARY | $0 | $0 | N/A |
| Russ Blaha | PRES/TREAS | $0 | $0 | N/A |
| Heather Nebesniak | VICE PRES | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$461K
Fair Market Value
$461K
Net Worth
$461K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
N/A
Total Grants
20
Total Giving
$100K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
13
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ashley CarsonEDUCATION | Ord, NE | $5K | 2022 |
| Katherine LansmanEDUCATION | Lincoln, NE | $5K | 2022 |
| Allison WelniakEDUCATION | Kearney, NE | $5K | 2022 |
| Abbigail StethemEDUCATION | Ord, NE | $5K | 2022 |
| Dayton VanosdallEDUCATION | Ord, NE | $5K | 2022 |
| Delani FaheyEDUCATION | Ord, NE | $5K | 2021 |
| Holly HeilEDUCATION | Ord, NE | $5K | 2021 |
| Katie FischerEDUCATION | Ord, NE | $5K | 2021 |
| Ali SmithEDUCATION | Ord, NE | $5K | 2021 |
| Delaney CargillEDUCATION | Ord, NE | $5K | 2021 |
| Tessa CoppEDUCATION | Ord, NE | $5K | 2020 |
| Hanna HeilEDUCATION | Ord, NE | $5K | 2020 |
| Adelynne SichEDUCATION | Ord, NE | $5K | 2020 |