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Filing year 2024

THE PENNY SMITH NOVICK FOUNDATION INC

Palm Beach, Florida·EIN 13-3935976·NTEE T00J · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$60k
Total assets
$455k
Total expenses
$70k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. THE PENNY SMITH NOVICK FOUNDATION INC reported 2 unpaid officers and board members on its 990-PF.

Director
President / Treasurer

Grants paid

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

Total granted

$54k

Itemized grants

7

Median grant

$2k

RecipientLocationPurposeAmount
NORTHWELL FOUNDATIONNEW HYDE PARK, NYGENERAL PURPOSE$28k
FRIENDS OF THE ISRAEL DEFENSE FORCENEW YORK, NYGENERAL PURPOSE$20k
AMERICAN CANCER SOCIETYNEW YORK, NYGENERAL PURPOSE$2k
MEMORIAL SLOANE KETTERING CANCER CENTERNEW YORK, NYGENERAL PURPOSE$2k
JEWISH FEDERATION OF PALM BEACH COUNTYW PALM BEACH, FLGENERAL PURPOSE$1k
GLEN OAKS CLUB PHILANTROPHIC FUNDOLD WESTBURY, NYGENERAL PURPOSE$750
PLAY FOR PINKNEW YORK, NYGENERAL PURPOSE$738
Financial trend

Revenue and expenses over time

THE PENNY SMITH NOVICK FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$43k
$45k
2023
$60k
$70k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Florida

THE PENNY SMITH NOVICK FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Florida earns a median of $18,656.

25th percentile
$8k
Median
$18,656
75th percentile
$60k
90th percentile
$150k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,989 organizations across 1,989 filings (2021 – 2024).

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

Common questions about THE PENNY SMITH NOVICK FOUNDATION INC

What are THE PENNY SMITH NOVICK FOUNDATION INC's revenue and expenses?

In 2024, THE PENNY SMITH NOVICK FOUNDATION INC reported $60k in total revenue and $70k in total expenses on its IRS Form 990.

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