Allen J and Lorraine E Noveck

AVENTURA, FL EIN: 81-6587680

Allen J and Lorraine E Noveck is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AVENTURA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $368K in total assets. In 2024, it awarded 8 grants totaling $57K. Net investment income was $20K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$368K

-8.5% YoY

Annual Giving

$57K

-6.8% YoY

Grant Count

8

+14.3% YoY

Avg Grant Size

$7K

-18.5% YoY

Under IRS private-foundation payout rules, Allen J and Lorraine E Noveck reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

About Allen J and Lorraine E Noveck

Based on IRS filings

Allen J and Lorraine E Noveck is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AVENTURA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $368K in total assets. In 2024, it awarded 8 grants totaling $57K. Net investment income was $20K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BostonBridgeportHollywoodMiamiWestport

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$19K$37K$56K$74K20202021202220232024
Metric202420232022
Total Assets$368,123$402,257$448,765
Revenue$29,158$21,210$31,298
Expenses$63,355$67,504$35,472
Qualifying Distributions$57,300$61,500$30,000
Net Investment Income$19,744$14,832$21,098
Distributable Amount$25,938$25,325$26,408

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$31K$46K$62K7 grants20207 grants20215 grants20227 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

CONNECTICUT INSTITUTE FOR$22KMEMORIAL FOUNDATION$10KMERCY LEARNING CENTER OF$8KFIRST SERVE MIAMI INC$5KFOUNDATIONS IN EDUCATION…$5KWESTPORT COUNTRY PLAYHOUSE$3KFRIENDS OF THE LEVITT PA…$3KOYEBOG TENNIS ACADEMY INC$3K

Grant Size Distribution

34 grants across all recorded years

34<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Connecticut Institute for ($22,300), Memorial Foundation ($10,000), Mercy Learning Center of ($7,500).

RecipientPurposeAmount
MERCY LEARNING CENTER OF BRIDGEPORT, CTEDUC & VOC TRAINING NEEDY WOMEN W/CH$7,500
CONNECTICUT INSTITUTE FOR BRIDGEPORT, CTAIDS IMMIGRANTS & REFUGEES$22,300
WESTPORT COUNTRY PLAYHOUSE WESTPORT, CTSUPPORT COMMUNITY ARTS$2,500
FRIENDS OF THE LEVITT PAVILION INC WESTPORT, CTSUPPORT LOCAL ARTS$2,500
OYEBOG TENNIS ACADEMY INC WESTPORT, CTEDUCATIONAL SUPPORT$2,500
FIRST SERVE MIAMI INC MIAMI, FLPERSONAL DEVELOP UNDERSERVED CHILDRE$5,000
MEMORIAL FOUNDATION HOLLYWOOD, FLSUPPORT LOCAL MEDICAL FACILITIES$10,000
FOUNDATIONS IN EDUCATION INC BRIDGEPORT, CTTUITION ASSISTANCE-UNDERSERVED$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ALLEN J NOVECKTRUSTEE1
LORRAINE E NOVECKTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Allen J and Lorraine E Noveck?

Allen J and Lorraine E Noveck is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AVENTURA, FL. It holds $368K in total assets as of 2024.

How large is Allen J and Lorraine E Noveck?

As of 2024, Allen J and Lorraine E Noveck holds $368K in total assets with $29K in annual revenue. It awarded 8 grants totaling $57K in 2024.

Where does Allen J and Lorraine E Noveck operate?

Allen J and Lorraine E Noveck has awarded grants in Connecticut, Florida, Massachusetts.

What size grants does Allen J and Lorraine E Noveck award?

In 2024, Allen J and Lorraine E Noveck awarded 8 grants totaling $57K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Allen J and Lorraine E Noveck required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Allen J and Lorraine E Noveck reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Allen J and Lorraine E Noveck's EIN?

Allen J and Lorraine E Noveck's EIN (Employer Identification Number) is 81-6587680. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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