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Novus Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2008. The principal officer is % Raymond Bayley. It holds total assets of $27K. Annual income is reported at $2K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Novus Foundation has made 4 grants totaling $8K, with a median grant of $2K. Annual giving has decreased from $4K in 2020 to $2K in 2022. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Novus Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IL.
Novus Foundation has distributed a total of $8K across 4 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $2K to $2K.
Novus Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (208123037) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Novus Foundation is headquartered in CHICAGO, IL.
Total Giving
$2K
Total Assets
$27K
Fair Market Value
$27K
Net Worth
$27K
Grants Paid
$2K
Contributions
$2K
Net Investment Income
$27
Distribution Amount
$1K
Total Grants
4
Total Giving
$8K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
2
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lift FoundationEducate and Develop Leadership in India | Chicago, IL | $2K | 2022 |
| Music For KidsTeach Chicago Public School Students how to play musical instruments | Glencoe, IL | $2K | 2020 |
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