Novum Foundation
- Assets
- $204.5k
- Revenue
- $563.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- Data as of
- 12/2023
- EIN
- 92-3370375
Organization Overview
Novum Foundation is located in Houston, TX. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Novum Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2023, Novum Foundation has awarded 12 individual grants totaling $241,982. 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 |
|---|---|---|---|
Alfredo Vilas President | 1.5 | $0 | |
Chris Scott Secretary/treasurer | 1.5 | $0 | |
Gabriel Loperena Director | 1.5 | $0 | |
Maximiliano Poveda Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $483,431 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,817 |
| Capital Gain Net Income | $50,817 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $29,220 |
| Total Revenue | $563,468 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,083 |
| Printing and publications | $1,064 |
| Other expenses | $1,062 |
| Total operating and administrative expenses | $64,624 |
| Contributions, gifts, grants paid | $241,982 |
| Total expenses and disbursements | $306,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,451 |
| Savings and temporary cash investments | $0 |
| 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 | $204,451 |
| 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, Novum Foundation has awarded $241,982 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
AUSTISM SPEAKS INC PURPOSE: GENERAL SUPPORT | $22,231 |
ELIJAH'S RETREAT INC PURPOSE: CONSTRUCTION OF A NET-ZERO CABIN | $51,705 |
INSTITUTO NUEVA ESCUELA PURPOSE: INE EN EL OESTE (INE IN THE WEST) CENTER | $20,000 |
JOHN LANGDON DOWN FOUNDATION AC PURPOSE: EDUCATIONAL, MEDICAL AND PSYCHOLOGICAL CARE TO CHILDREN AND YOUTH WITH DOWN SYNDROME | $20,000 |
MENSAJEROS DE LA PAZ PURPOSE: SUPPORT FOSTER YOUTH WHO HAVE EXPERIENCED FAMILY SEPARATION DUE TO HUMAN RIGHTS VIOLATIONS | $17,988 |
MISSION SQUASH OF HOUSTON PURPOSE: GENERAL SUPPORT | $21,231 |