Nova Foundation Inc
- Assets
- $6.6m
- Revenue
- $2.4m
- Investments
- $4.6m
- Employees
- 0
- Location
- Emeryville, CA
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 81-4621652
Organization Overview
Nova Foundation Inc is located in Emeryville, CA. The organization was established in 2017. 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. Nova Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Nova Foundation Inc has awarded 16 individual grants totaling $386,261. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nora Orton Chairman | 0 | $0 | |
J Robert Orton III Director | 0 | $0 | |
Nicholas Orton Director And Secretary | 0 | $0 | |
Joseph Orton Director And President | 0 | $0 | |
Katherine Pickrell Chief Financial Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,085,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $52,721 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $272,465 |
| Capital Gain Net Income | $272,465 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,611 |
| Total Revenue | $2,412,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,336 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $148 |
| Total operating and administrative expenses | $43,761 |
| Contributions, gifts, grants paid | $287,475 |
| Total expenses and disbursements | $331,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,011,737 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,608,638 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Nova Foundation Inc has awarded $41,300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE SAN FRANCISCO FOUNDATION - THE HIGH STREET FUND PURPOSE: PROGRAM SUPPORT | $38,800 |
OAKLAND BALLET COMPANY PURPOSE: PROGRAM SUPPORT | $2,500 |