//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from $10K in 2014 to $123K in 2024. The foundation is governed by 1 officer or trustee. 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 2016 to 2024. Grantmaking is concentrated in California. 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.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$21K
Largest Grant
$75K
Based on 5 grants from the most recent 990-PF filing.
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.
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 | N/A |
Total Giving
N/A
Total Assets
$123K
Fair Market Value
N/A
Net Worth
$123K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 | 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 |