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Filing year 2024

NOVAK FAMILY FOUNDATION INC

Merrillville, Indiana·EIN 26-0177940·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$104k
Total assets
$1.2M
Total expenses
$51k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. NOVAK FAMILY FOUNDATION INC reported 5 unpaid officers and board members on its 990-PF.

Board Member
Secretary/tr
Board Member
Board Member
President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$41k

Itemized grants

9

Median grant

$1k

RecipientLocationPurposeAmount
SS CONSTANTINE & HELEN CAMERRILLVILLE, INBUILDING FUND, 5K RUN,SCHOLARSHIPS,$27k
GRACE BEYOND BORDERSEAST CHICAGO, INSUPPORT HOMELESS WOMEN & CHILDREN$5k
ST IAKOVOS RETREAT CENTECHICAGO, ILANNUAL SUPPORT$1k
ORTHODOX CHRISTIAN MISSION CENTERST AUGUSTINE, FLANNUAL SUPPORT OF MINISTRIES$1k
SOJOURNER TRUTH HOUSEGARY, INHOMELESS SHELTER$1k
HELLENIC COLLAGE & HOLY CROSS SCHBROOKLINE, MASUPPORT APPLEAL$1k
SS CONSTANTINE & HELEN GREEK ORTHODPALOS HILLS, ILSUPPORT METROPOLIS JR OLYMPICS$1k
ST HELEN'S PHILOPTOCHOS SOCIETYMERRILLVILLE, INSUPPORT ST BASIL ACADEMY$500
Financial trend

Revenue and expenses over time

NOVAK FAMILY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$43k
$62k
2023
$104k
$51k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Indiana

NOVAK FAMILY FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Indiana earns a median of $18,575.

25th percentile
$5k
Median
$18,575
75th percentile
$71k
90th percentile
$154k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 669 organizations across 669 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Indiana
FAQ

Common questions about NOVAK FAMILY FOUNDATION INC

What are NOVAK FAMILY FOUNDATION INC's revenue and expenses?

In 2024, NOVAK FAMILY FOUNDATION INC reported $104k in total revenue and $51k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.