The Novick Family Foundation
The Novick Family Foundation is a private foundation established in 1989 and based in Skokie, Illinois. It operates as a 501(c)(3) philanthropic organization with no employees, relying on a volunteer board of directors to guide its grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-4.2% YoY
Annual Giving
$410K
+44.2% YoY
Grant Count
31
+29.2% YoY
Avg Grant Size
$13K
+11.6% YoY
Under IRS private-foundation payout rules, The Novick Family Foundation reported a distributable amount of $312K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Jewish nonprofits and organizations
- Charter schools and K-12 schools
- Philanthropy, voluntarism, and grantmaking
- Human services
Grantmaking
The foundation does not maintain a publicly available website and does not specify formal application procedures in available materials.
Grant Range
$55,000
Average Grant
$55,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation supports projects across multiple U.S. states and cities, with primary focus areas including:
- Illinois
- New York
- New Jersey
- Massachusetts
Specific cities where funding has been directed include Brooklyn, Cambridge, Chicago, and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $1,350,827
- Total revenues: $400,109
- Total expenses: $434,334
- Investment income and dividends: $105,162
- Net gain from sale of non-inventory assets: $283,438
Asset Growth: Assets increased 2.6% from the previous year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,350,827 | $1,410,638 | $1,551,570 |
| Revenue | $400,109 | $150,744 | $180,585 |
| Expenses | $434,334 | $298,245 | $309,915 |
| Qualifying Distributions | $417,372 | $284,100 | $296,065 |
| Net Investment Income | $371,870 | $134,531 | $157,789 |
| Distributable Amount | $312,241 | $269,167 | $275,346 |
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
131 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hillel Torah nor Sub Day School ($115,000), American Friends of Lomza Yeshiva-petah Tikvah ($50,000), Ida Crown Jewish Academy ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF LOMZA YESHIVA-PETAH TIKVAH BROOKLYN, NY | CHARITABLE | $50,000 |
| ARIE CROWN HEBREW DAY SCHOOL CHICAGO, IL | CHARITABLE | $15,000 |
| ASSOCIATED TALMUD TORAHS OF CHICAGO CHICAGO, IL | CHARITABLE | $5,000 |
| BEIS MEDRISH OF QUEENS NEW YORK, NY | CHARITABLE | $6,000 |
| BNEI AKIVA OF CHICAGO SKOKIE, IL | CHARITABLE | $1,000 |
| CAMP MOSHAVA SKOKIE, IL | CHARITABLE | $7,500 |
| CHICAGO CENTER FOR TORAH AND CHESED CHICAGO, IL | CHARITABLE | $1,500 |
| CHICAGO CHESED FUND LINCOLNWOOD, IL | CHARITABLE | $7,200 |
| CHICAGO MEZUZAH AND MITZVAH CAMPAIGN CHICAGO, IL | CHARITABLE | $10,000 |
| CONGREGATION OR TORAH SKOKIE, IL | CHARITABLE | $6,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
President: Bernice Novick
The foundation is led by a board of directors, all of whom serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BERNICE NOVICK | PRESIDENT | 1 | — |
| BONNIE ROSEN | DIRECTOR | 1 | — |
| SY ROSEN | DIRECTOR | 1 | — |
| LEONARD MATANKY | DIRECTOR | 1 | — |
| MARGARET MATANKY | DIRECTOR | 1 | — |
| SHARON RUSH | DIRECTOR | 1 | — |
| HARLAN RUSH | DIRECTOR | 1 | — |
| SAM NOVICK | DIRECTOR | 1 | — |
| LEAH NOVICK | DIRECTOR | 1 | — |
Frequently Asked Questions
What does The Novick Family Foundation fund?
The foundation's primary funding focus areas include: • Education • Jewish nonprofits and organizations • Charter schools and K-12 schools • Philanthropy, voluntarism, and grantmaking • Human services
How do I apply for a grant from The Novick Family Foundation?
**Grant Activity:** • Made 22 grants in the most recent fiscal year • Total giving: $409,600 (2024) • Typical award range: $500–$115,000 • Average grant size: $55,000 **Recent Grants (2024):** • Ida Crown Jewish Academy: $50,000 • Jewish United Fund of Metropolitan Chicago: $20,000 • Yu Torah Mitzion Kollel: $18,000 • Additional 20 grants totaling $170,600 **Application Process:** The foundation does not maintain a publicly available website and does not specify formal application procedures in…
Where does The Novick Family Foundation make grants?
The foundation supports projects across multiple U.S. states and cities, with primary focus areas including: • Illinois • New York • New Jersey • Massachusetts Specific cities where funding has been directed include Brooklyn, Cambridge, Chicago, and New York.
What size grants does The Novick Family Foundation award?
In 2024, The Novick Family Foundation awarded 31 grants totaling $410K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Novick Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Novick Family Foundation reported a distributable amount of $312K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Novick Family Foundation's EIN?
The Novick Family Foundation's EIN (Employer Identification Number) is 36-3672351. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Novick Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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