The Novick Family Foundation
- Assets
- $0.0
- Revenue
- $8.6k
- Investments
- $0.0
- Employees
- 0
- Location
- West Hartford, CT
- Founding
- 06/1999
- Data as of
- 12/2019
- EIN
- 52-6913046
Organization Overview
The Novick Family Foundation is located in West Hartford, CT. The organization was established in 1999. 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.
For the year ending 12/2019, Novick Family Foundation generated $8.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $21.5k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter S Novick Pres/treas/director | 0 | $0 | |
Micaella Rebecca Novick Secretary/director | 0 | $0 | |
Elizabeth Novick Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21 |
| Dividends & Interest | $2,707 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,847 |
| Capital Gain Net Income | $5,847 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12 |
| Total operating and administrative expenses | $12,642 |
| Contributions, gifts, grants paid | $8,840 |
| Total expenses and disbursements | $21,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, The Novick Family Foundation has awarded $8,840 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $1,500 |
AMNESTY USA PURPOSE: GENERAL CONTRIBUTION | $250 |
AMMAN IMMAN PURPOSE: GENERAL CONTRIBUTION | $1,000 |
CONNECTICUT PUBLIC TV PURPOSE: GENERAL CONTRIBUTION | $240 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL CONTRIBUTION | $1,500 |
MERCY CORPS PURPOSE: GENERAL CONTRIBUTION | $1,500 |