Novum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $276K in total assets. In 2024, it awarded 16 grants totaling $522K. Net investment income was $49K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$276K
+34.8% YoY
Annual Giving
$522K
+115.9% YoY
Grant Count
16
+33.3% YoY
Avg Grant Size
$33K
+61.9% YoY
Under IRS private-foundation payout rules, Novum Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Novum Foundation
Based on IRS filings
Novum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $276K in total assets. In 2024, it awarded 16 grants totaling $522K. Net investment income was $49K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $275,685 | $204,451 |
| Revenue | $723,692 | $563,468 |
| Expenses | $602,025 | $306,606 |
| Qualifying Distributions | $598,275 | $306,606 |
| Net Investment Income | $48,752 | $50,817 |
| Distributable Amount | $7,767 | $1,838 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mission Success of Houston ($85,869), Elijah's Retreat Inc ($51,705), Mensajeros de la Paz ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| African People & Wildlife Far Hills, NJ | Conservation through livestock protection and wildlife conflict mitigation training | $15,000 |
| Amani Foundation Chattanooga, TN | Farm and biogas infrastructure improvements for Tanzania children's home | $30,000 |
| Austism Speaks Inc Washington, DC | General support | $49,771 |
| Elijah's Retreat Inc Jacksonville, TX | Net-zero cabin for families with children facing autism | $51,705 |
| Fundacion Innovacion Ortopedica sin Limites | Prosthetics for people in need | $40,000 |
| Integrar | Updated IT training for low-income graduates of their year-long program | $18,000 |
| Mensajeros de la Paz | Support foster youth who have experienced family separation due to human rights violations | $50,000 |
| Mission Success of Houston Houston, TX | Wellness and enrichment programs for under-served Houston, TX students | $85,869 |
| Monte Azul Inc Maricao, PR | Incubating Sustainable Farmers program | $15,600 |
| Mumas Renaciendo Hatillo, PR | Training program for economically disadvantaged women | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alfredo Vilas | President | 1.5 | — |
| Chris Scott | Secretary/Treasurer | 1.5 | — |
| Gabriel Loperena | Director | 1.5 | — |
| Maximiliano Poveda | Director | 1.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Novum Foundation?
Novum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $276K in total assets as of 2024.
How large is Novum Foundation?
As of 2024, Novum Foundation holds $276K in total assets with $724K in annual revenue. It awarded 16 grants totaling $522K in 2024.
Where does Novum Foundation operate?
Novum Foundation has awarded grants in District of Columbia, Florida, New Jersey, Pr, Tennessee, Texas.
What size grants does Novum Foundation award?
In 2024, Novum Foundation awarded 16 grants totaling $522K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Novum Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Novum Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Novum Foundation's EIN?
Novum Foundation's EIN (Employer Identification Number) is 92-3370375. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Novum Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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