The Joseph Novakoff Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $257K in total assets. In 2024, it awarded 8 grants totaling $26K. Net investment income was $14K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$257K
-5.5% YoY
Annual Giving
$26K
+29.9% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$3K
-18.8% YoY
Under IRS private-foundation payout rules, The Joseph Novakoff Charitable reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About The Joseph Novakoff Charitable
Based on IRS filings
The Joseph Novakoff Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $257K in total assets. In 2024, it awarded 8 grants totaling $26K. Net investment income was $14K.
Focus Areas
Ready to take the next step with The Joseph Novakoff Charitable?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $256,598 | $271,556 | $284,588 |
| Revenue | $13,941 | $11,831 | $67,289 |
| Expenses | $28,899 | $24,863 | $39,671 |
| Qualifying Distributions | $28,899 | $23,733 | $39,671 |
| Net Investment Income | $13,941 | $11,831 | $67,289 |
| Distributable Amount | $12,875 | $13,564 | $14,052 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hebrew Senior Life ($10,000), Temple Emanuel ($7,103), Combined Jewish Philanthropies ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COMBINED JEWISH PHILANTHROPIES BOSTON, MA | PHILANTHROPIC | $5,000 |
| CONGREGATION BETH EL ATERETH ISRAEL NEWTON, MA | CHARITABLE | $1,275 |
| FRIENDS OF THE CHILDREN BOSTON, MA | CHARITABLE | $1,000 |
| HEBREW SENIOR LIFE ROSLINDALE, MA | PHILANTHROPIC | $10,000 |
| NEWTON WELLESLEY HOSPITAL FUND NEWTON, MA | PHILANTHROPIC | $1,000 |
| SINAI TEMPLE LOS ANGELES, CA | PHILANTHROPIC | $336 |
| TEMPLE EMANUEL NEWTON, MA | PHILANTHROPIC | $7,103 |
| HILLEL UCLA LOS ANGELES, CA | PHILANTHROPIC | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN NOVAKOFF | TRUSTEE | 1 | — |
| STEPHEN NOVAKOFF | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Joseph Novakoff Charitable?
The Joseph Novakoff Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTON, MA. It holds $257K in total assets as of 2024.
How large is The Joseph Novakoff Charitable?
As of 2024, The Joseph Novakoff Charitable holds $257K in total assets with $14K in annual revenue. It awarded 8 grants totaling $26K in 2024.
Where does The Joseph Novakoff Charitable operate?
The Joseph Novakoff Charitable has awarded grants in Arizona, California, Massachusetts.
What size grants does The Joseph Novakoff Charitable award?
In 2024, The Joseph Novakoff Charitable awarded 8 grants totaling $26K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Joseph Novakoff Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Joseph Novakoff Charitable reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Joseph Novakoff Charitable's EIN?
The Joseph Novakoff Charitable's EIN (Employer Identification Number) is 04-6768027. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Joseph Novakoff Charitable's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Conservation Food and Health Foundation
BOSTON, MA
Assets
$14.6M
Grants
49
Total Given
$2.2M
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
The Bulens Family Foundation
WELLESLEY, MA
Assets
$3.0M
Grants
68
Total Given
$956K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Joseph Novakoff Charitable on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Joseph Novakoff Charitable to a real strategy.