The Bernard P Novak Foundation

Organization Overview

The Bernard P Novak Foundation is located in Wilmington, DE. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bernard P Novak Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Bernard P Novak Foundation generated $32.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $63.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Bernard P Novak Foundation has awarded 21 individual grants totaling $303,554. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $20,000
Interest on Savings $54
Dividends & Interest $7,061
Net Rental Income$0
Net Gain on Sale of Assets $5,400
Capital Gain Net Income $5,400
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $32,515

Grants Awarded

Over the last fiscal year, The Bernard P Novak Foundation has awarded $55,500 in support to 6 organizations.

Grant RecipientAmount

Washington, DC

PURPOSE: GENERAL & UNRESTRICTED

$25,000

LIBERTY LIFE AND LAW FOUNDATION

Org PageRecipient Profile

Hubert, NC

PURPOSE: GENERAL & UNRESTRICTED

$10,000

PROJECT HOPE ALLIANCE

Org PageRecipient Profile

Costa Mesa, CA

PURPOSE: CHRISTMAS GIFT FUND

$10,000

BIG BROTHERS BIG SISTERS OF ORANGE COUNTY AND THE

Org PageRecipient Profile

Santa Ana, CA

PURPOSE: GENERAL & UNRESTRICTED

$5,000

ORANGE COUNTY SHERIFFS ADVISORY COUNCIL

Org PageRecipient Profile

Santa Ana, CA

PURPOSE: GENERAL & UNRESTRICTED

$5,000

VANGUARD UNIVERSITY OF SO CA

Org PageRecipient Profile

Costa Mesa, CA

PURPOSE: GENERAL & UNRESTRICTED

$500
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