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Novak Family Foundation Inc. is a private corporation based in MERRILLVILLE, IN. The foundation received its IRS ruling in 2009. The principal officer is % William S Logothetis. It holds total assets of $1.2M. Annual income is reported at $302K. SS CONSTANTINE & HELEN GREEK ORTHODOX CATHEDRAL - BUILDING FUND, 5K RUN/WALK, HARVEST FOR THE HUNGRY/KIDS 4 KIDS,SCHOLARSHIPS, GOYA,FOOD PANTRY, COMPUTER UPGRADE, FALL FEST SPONSOR, & GREEK SCHOOL APPEAL. According to available records, Novak Family Foundation Inc. has made 20 grants totaling $148K, with a median grant of $2K. The foundation has distributed between $45K and $52K annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $52K distributed across 7 grants. Individual grants have ranged from $500 to $40K, with an average award of $7K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Indiana, New York, Illinois, which account for 85% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
SS CONSTANTINE & HELEN GREEK ORTHODOX CATHEDRAL - BUILDING FUND, 5K RUN/WALK, HARVEST FOR THE HUNGRY/KIDS 4 KIDS,SCHOLARSHIPS, GOYA, COVID SUPPLIES & FOOD PANTRY APPEAL
Expenses: $30K
ARCHBISHOP IAKOVOS LEADERSHIP 100 ENDOWMENT FUND - SUPPORT AND PROMOTE ORTHODOX FAITH AND HERITAGE.
Expenses: $10K
ST. IAKOVOS RETREAT CENTER - ANNUAL SUPPORT
Expenses: $2K
ST. HELENS PHILOPTOCHOS SOCIETY - VASILOPITA CELEBRATION, SPAGHETTI DINNER
Expenses: $2K
SS CONSTANTINE & HELEN GREEK ORTHODOX CATHEDRAL - BUILDING FUND, 5K RUN/WALK, HARVEST FOR THE HUNGRY/KIDS 4 KIDS,SCHOLARSHIPS, GOYA,FOOD PANTRY, COMPUTER UPGRADE, FALL FEST SPONSOR, & GREEK SCHOOL APPEAL. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in IN, NY, IL.
Novak Family Foundation Inc. has distributed a total of $148K across 20 grants. The median grant size is $2K, with an average of $7K. Individual grants have ranged from $500 to $40K.
Novak Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Novak Family Foundation Inc. is headquartered in MERRILLVILLE, IN. While based in IN, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fr Theodore Poteres | DIRECTOR | $0 | $0 | $0 |
| William Logothetis | PRESIDENT | $0 | $0 | $0 |
| Michael J Berta | SECRETARY | $0 | $0 | $0 |
| Bessie Ploutis | DIRECTOR | $0 | $0 | $0 |
| Joann Massow | DIRECTOR | $0 | $0 | $0 |
Total Giving
$62K
Total Assets
$1.1M
Fair Market Value
$1.2M
Net Worth
$1.1M
Grants Paid
$55K
Contributions
$0
Net Investment Income
$41K
Distribution Amount
$59K
Total Grants
20
Total Giving
$148K
Average Grant
$7K
Median Grant
$2K
Unique Recipients
9
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ss Constantine & Helen CaBUILDING FUND, 5K RUN,SCHOLARSHIPS, | Merrillville, IN | $40K | 2022 |
| Grace Beyond BordersSUPPORT HOMELESS WOMEN & CHILDREN | East Chicago, IN | $5K | 2022 |
| St Iakovos Retreat CenteANNUAL SUPPORT | Chicago, IL | $2K | 2022 |
| Greek Orthodox Metropolis Of ChicagYOUTH MINISTRY SUPPORT | Lombard, IL | $1K | 2022 |
| Orthodox Christian Mission CenterANNUAL SUPPORT OF MINISTRIES | St Augustine, FL | $1K |
DUNN LORING, VA
LINCOLN, NE
TAMPA, FL
PETALUMA, CA
| 2022 |
| Sojourner Truth HouseHOMELESS SHELTER | Gary, IN | $1K | 2022 |
| St Helen'S Philoptochos SocietySPAGHETTI DINNER, MEMORIAL | Merrillville, IN | $900 | 2022 |
| St Joseph'S Carmelite HomeREBUILD AFTER FIRE | East Chicago, IN | $5K | 2021 |
| Archbishop Iakovos Leadership 100SUPPORT ORTHODOX FAITH & HERITAGE | New York, NY | $10K | 2020 |
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