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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.