The Novak Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN ANTONIO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $89K in total assets. In 2024, it awarded 3 grants totaling $10K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$89K
-10.1% YoY
Annual Giving
$10K
+81.8% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$3K
+81.8% YoY
Under IRS private-foundation payout rules, The Novak Family Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About The Novak Family Foundation
Based on IRS filings
The Novak Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN ANTONIO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $89K in total assets. In 2024, it awarded 3 grants totaling $10K.
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 | 2022 |
|---|---|---|---|
| Total Assets | $89,006 | $99,006 | $105,181 |
| Revenue | — | — | — |
| Expenses | $10,000 | $6,175 | $6,675 |
| Qualifying Distributions | $10,000 | $5,500 | $6,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $4,630 | $5,028 | $5,345 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Faith and Reason Institute ($7,000), Action Institute ($1,500), Relevant Radio ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ACTION INSTITUTE GRAND RAPIDS, MI | CONTRIBUTION | $1,500 |
| RELEVANT RADIO LINCOLNSHIRE, IL | CONTRIBUTION | $1,500 |
| FAITH AND REASON INSTITUTE WASHINGTON, DC | CONTRIBUTION | $7,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL NOVAK | TRUST MANAGER | — | — |
| RICHARD LAUB NOVAK | TRUSTEE | — | — |
| JANA MARYA NOVAK | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Novak Family Foundation?
The Novak Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN ANTONIO, TX. It holds $89K in total assets as of 2024.
How large is The Novak Family Foundation?
As of 2024, The Novak Family Foundation holds $89K in total assets. It awarded 3 grants totaling $10K in 2024.
Where does The Novak Family Foundation operate?
The Novak Family Foundation has awarded grants in District of Columbia, Illinois, Michigan, New York.
What size grants does The Novak Family Foundation award?
In 2024, The Novak Family Foundation awarded 3 grants totaling $10K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Novak Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Novak Family Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Novak Family Foundation's EIN?
The Novak Family Foundation's EIN (Employer Identification Number) is 52-1909174. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Novak Family 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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