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The Bernard P Novak Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2015. The principal officer is % Foundation Source. It holds total assets of $123K. Annual income is reported at $109K. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Bernard P Novak Foundation has made 13 grants totaling $699K, with a median grant of $5K. Annual giving has grown from $103K in 2020 to $597K in 2022. Individual grants have ranged from $2K to $289K, with an average award of $54K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
The Bernard P Novak Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in CA.
The Bernard P Novak Foundation has distributed a total of $699K across 13 grants. The median grant size is $5K, with an average of $54K. Individual grants have ranged from $2K to $289K.
The Bernard P Novak Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Bernard P Novak Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Watts | Pres, Dir, Sec, Treas | $0 | $0 | $0 |
Total Giving
$30K
Total Assets
$110K
Fair Market Value
$112K
Net Worth
$110K
Grants Paid
$22K
Contributions
$10K
Net Investment Income
$3K
Distribution Amount
$6K
Total: $89K
Total Grants
13
Total Giving
$699K
Average Grant
$54K
Median Grant
$5K
Unique Recipients
8
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of California Irvine FoundationGeneral & Unrestricted (See In-Kind Grant Attachment) | Irvine, CA | $289K | 2022 |
| Orange County Sheriffs Advisory CouncilGeneral & Unrestricted | Santa Ana, CA | $5K | 2022 |
| Young Mens Christian Association Of Orange CountyYMCAOC AG Campaign | Tustin, CA | $3K | 2022 |
| International Committee Of The Red CrossFor the sole benefit of Ukraine | Geneva | $2K | 2022 |
| Vanguard University Of So CaGeneral & Unrestricted | Costa Mesa, CA | $75K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2020 |
| Project Hope AllianceChristmas Gift Fund | Costa Mesa, CA | $10K | 2020 |
| Seal-Naval Special Warfare Foundation-San DiegoGeneral & Unrestricted | Carlsbad, CA | $10K | 2020 |
| Choc FoundationGeneral & Unrestricted | Orange, CA | $3K | 2020 |
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