Phyllis P Novelli Foundation Inc

Foundation · Grantmaker COLLINGSWOOD, NJ EIN: 47-5642394

Phyllis P Novelli Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLLINGSWOOD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $406K in total assets. In 2024, it awarded 6 grants totaling $33K. Net investment income was $16K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$406K

-1.5% YoY

Annual Giving

$33K

+3.0% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$5K

+3.0% YoY

About Phyllis P Novelli Foundation Inc

Based on IRS filings

Phyllis P Novelli Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLLINGSWOOD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $406K in total assets. In 2024, it awarded 6 grants totaling $33K. Net investment income was $16K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AmblerBlackwoodCamdenMout LaurelMt LaurelNorwalkPennsaukenPhialdelphiaPhiladelphiaTinton FallsTrenton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$32K$48K$64K20202021202220232024
Metric202420232022
Total Assets$406,256$412,592$438,952
Revenue$46,073$13,170$26,961
Expenses$39,657$39,530$48,805
Qualifying Distributions$32,500$31,566$39,000
Net Investment Income$16,353$3,994$3,078
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$23K$34K$45K6 grants20208 grants20217 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

NJAC$10KALS Association of Great…$5KGo4theGoal$5KThe Myeloma Foundation$5KThe Recovery Chair$5KSt Joseph's House$3K

Grant Size Distribution

33 grants across all recorded years

33<$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 Njac ($10,000), ALS Association of Greater Philadelphia ($5,000), Go4theGoal ($5,000).

RecipientPurposeAmount
ALS Association of Greater Philadelphia Ambler, PACharitable Purpose$5,000
Go4theGoal Pennsauken, NJCharitable Purpose$5,000
The Myeloma Foundation Norwalk, CTCharitable Purpose$5,000
The Recovery Chair Mout Laurel, NJCharitable Purpose$5,000
NJAC Trenton, NJCharitable Purpose$10,000
St Joseph's House Camden, NJCharitable Purpose$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Elaine McKennaTrustee
Marcelle E Michael WightTrustee
Susan MyersTrustee

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Phyllis P Novelli Foundation Inc?

Phyllis P Novelli Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLLINGSWOOD, NJ. It holds $406K in total assets as of 2024.

How large is Phyllis P Novelli Foundation Inc?

As of 2024, Phyllis P Novelli Foundation Inc holds $406K in total assets with $46K in annual revenue. It awarded 6 grants totaling $33K in 2024.

Where does Phyllis P Novelli Foundation Inc operate?

Phyllis P Novelli Foundation Inc has awarded grants in Connecticut, New Jersey, Pennsylvania.

What size grants does Phyllis P Novelli Foundation Inc award?

In 2024, Phyllis P Novelli Foundation Inc awarded 6 grants totaling $33K — an average of about $5K per grant, based on its IRS Form 990 filings.

What is Phyllis P Novelli Foundation Inc's EIN?

Phyllis P Novelli Foundation Inc's EIN (Employer Identification Number) is 47-5642394. 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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