The Jennifer Novak Foundation
The Jennifer Novak Foundation is a private foundation, based in Medina, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $675K in total assets. In 2025, it awarded 6 grants totaling $53K. Net investment income was $7K.
The Jennifer Novak Foundation at a glance
In short: The Jennifer Novak Foundation gave $53K across 6 grants in 2025 (avg $9K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $53,000
- +2.4% vs 2024
- Grants made (2025)
- 6
- +0.0% vs 2024
- Average grant
- $8,833
- +2.4% vs 2024
- Median grant
- $7,500
- Total assets
- $674,743
- -7.0% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Jennifer Novak Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was St Phillip the Deacon ($21K). Together the top 6 received $53K.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 30 grants of 30 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
How The Jennifer Novak Foundation gives
- Giving held roughly steady from 2022 to 2025 (−13%). Method
- In 2025 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $52K (2024) to $70K (2020). In 2025 it made 6 grants totaling $53K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Phillip the Deacon Plymouth, MN | General | $20,500 |
| Guthrie Theatre Foundation Minneapolis, MN | General | $10,000 |
| Hennepin Arts Minneapolis, MN | General | $10,000 |
| Bridging Minneapolis, MN | General | $5,000 |
| Theatre Latte Da Minneapolis, MN | General | $5,000 |
| Concordia College Moorhead, MN | General | $2,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $674,743 | $17,478 | $68,365 | $53,000 | 6 | $53,000 | $6,601 | $61,786 |
| 2024 | $725,630 | $27,018 | $67,105 | $51,750 | 6 | $51,750 | $11,663 | $59,133 |
| 2023 | $765,717 | $6,507 | $68,075 | $52,750 | 5 | $52,750 | $6,460 | $51,121 |
| 2022 | $827,285 | $24,952 | $76,090 | $60,750 | 6 | $60,750 | $9,612 | $48,132 |
| 2021 | $878,423 | $23,775 | $87,003 | $60,750 | 7 | $60,750 | $8,435 | $54,048 |
| 2020 | $941,651 | $497,117 | $84,830 | $69,500 | 5 | — | $481,787 | $38,720 |
Under IRS private-foundation payout rules, The Jennifer Novak Foundation reported a distributable amount of $62K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Jennifer Novak Foundation's 2025 filing lists 3 officers; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Nicholas Novak
Trustee
On filings since 2020
10 hrs/week
$14K (2020) → $14K (2025)
Jay Novak
Trustee
On filings since 2020
No compensation reported
Jennifer Novak
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $14K, to Nicholas Novak (Trustee).
Frequently asked questions about The Jennifer Novak Foundation
How much does The Jennifer Novak Foundation give each year?
The Jennifer Novak Foundation gave $53K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $52K across 6 grants.
What is The Jennifer Novak Foundation's typical grant size?
The Jennifer Novak Foundation's median grant in 2025 was $7,500, and its average grant was $8,833, across 6 grants on its 2025 IRS Form 990-PF.
Where does The Jennifer Novak Foundation give grants?
The Jennifer Novak Foundation gives mostly in Minnesota: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Minneapolis, MN (4 grants).
Does The Jennifer Novak Foundation give general operating support?
Yes: 100% of The Jennifer Novak Foundation's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Jennifer Novak Foundation's largest grantees?
The Jennifer Novak Foundation's largest 2025 grantees include St Phillip the Deacon ($20,500), Guthrie Theatre Foundation ($10,000) and Hennepin Arts ($10,000), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.
How large is The Jennifer Novak Foundation?
The Jennifer Novak Foundation reported $675K in total assets on its 2025 IRS Form 990-PF. It paid out $53K in qualifying distributions that year, against a required minimum of $62K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Jennifer Novak Foundation's EIN?
The Jennifer Novak Foundation's EIN (Employer Identification Number) is 26-0761161. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 22, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 21, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 20, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work The Jennifer Novak Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in The Jennifer Novak Foundation's focus areas in our free grants database
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