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
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
No grants recorded for .
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 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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