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Novum Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2023. It holds total assets of $276K. Annual income is reported at $734K. Total assets have grown from $204K in 2023 to $276K in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2023 to 2024. According to available records, Novum Foundation has made 12 grants totaling $242K, with a median grant of $19K. Individual grants have ranged from $8K to $52K, with an average award of $20K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Texas, PR, District of Columbia, which account for 50% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Novum Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TX, PR, DC.
Novum Foundation has distributed a total of $242K across 12 grants. The median grant size is $19K, with an average of $20K. Individual grants have ranged from $8K to $52K.
Novum Foundation typically selects its grantees rather than accepting unsolicited proposals.
Novum Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alfredo Vilas | President | $0 | $0 | N/A |
| Chris Scott | Secretary/Treasurer | $0 | $0 | N/A |
| Maximiliano Poveda | Director | $0 | $0 | N/A |
| Gabriel Loperena | Director | $0 | $0 | N/A |
| Year | Return Type | |
|---|---|---|
| 2024 | 990PF | — |
| 2023 | 990PF | View |
Total Giving
N/A
Total Assets
$276K
Fair Market Value
N/A
Net Worth
$276K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
12
Total Giving
$242K
Average Grant
$20K
Median Grant
$19K
Unique Recipients
12
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Elijah'S Retreat IncConstruction of a net-zero cabin | Jacksonville, TX | $52K | 2023 |
| The Bienvenido Project FunfonaviEducational scholarships | Bienvenido | $24K | 2023 |
| Austism Speaks IncGeneral support | Washington, DC | $22K | 2023 |
| Mission Squash Of HoustonGeneral support | Houston, TX | $21K | 2023 |
| John Langdon Down Foundation AcEducational, medical and psychological care to children and youth with Down syndrome | Mexico City | $20K | 2023 |
| Instituto Nueva EscuelaINE en el Oeste (INE in the West) Center | San Juan, PR | $20K | 2023 |
| Mensajeros De La PazSupport foster youth who have experienced family separation due to human rights violations | Madrid | $18K | 2023 |
| Ojos Que Sienten Ac"Training for the Social Inclusion of Individuals with Visual Disabilities 2023" project | Mexico City | $17K | 2023 |
| Sumando Manos Foundation IncIngenious apiculture initiative | Miami Beach, FL | $15K | 2023 |
| Mumas Renaciendo CorpTrain 10 economically disadvantaged women | Hatillo, PR | $15K | 2023 |
| Partnerschools IncCombat the unfortunate reduction of art programs in Houston's public schools | Houston, TX | $10K | 2023 |
| Multipolar"Centro de Formacion para el Empleo" program | Capital Federal | $8K | 2023 |