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The Novak Family Foundation is a private trust based in SAN ANTONIO, TX. The foundation received its IRS ruling in 1995. The principal officer is % Richard L Novak. It holds total assets of $89K. Annual income is reported at $1. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Novak Family Foundation has made 7 grants totaling $18K, with a median grant of $2K. Annual giving has grown from $6K in 2020 to $12K in 2022. Individual grants have ranged from $2K to $6K, with an average award of $3K. The foundation has supported 4 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Illinois, which account for 71% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
The Novak Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NY, DC, IL.
The Novak Family Foundation has distributed a total of $18K across 7 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $2K to $6K.
The Novak Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Novak Family Foundation is headquartered in SAN ANTONIO, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Novak | TRUST MANAGER | $0 | $0 | $0 |
| Jana Marya Novak | TRUSTEE | $0 | $0 | $0 |
| Richard Laub Novak | TRUSTEE | $0 | $0 | $0 |
Total Giving
$6K
Total Assets
$99K
Fair Market Value
$99K
Net Worth
$99K
Grants Paid
$6K
Contributions
$0
Net Investment Income
$0
Distribution Amount
$5K
Total Grants
7
Total Giving
$18K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
4
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Catholic University Of AmericaCONTRIBUTION | Washington, DC | $2K | 2022 |
| Relevant RadioCONTRIBUTION | Lincolnshire, IL | $2K | 2022 |
| Action InstituteCONTRIBUTION | Grand Rapids, MI | $2K | 2022 |
| The Merry Beggars IncCONTRIBUTION | New York, NY | $6K | 2020 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
HOUSTON, TX
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