Funder DirectoryTHE JENNIFER NOVAK FOUNDATION
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Private foundation (trust)EIN 260761161Est. 2008-02

THE JENNIFER NOVAK FOUNDATION

MEDINA, MN 55340

Total Assets

$1.2M

FY 2024

Annual Giving

$52K

FY 2024

Grants Made

6

FY 2024

Avg Grant

$9K

FY 2024

Grant Range

$1K–$20K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$27K

Total Expenses

$67K

Qualifying Distributions

$52K

Distributable Amount

$59K

Min. Investment Return

$59K

Payout rate 88%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.88%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

6 grants

Grant sizes from minimum $1K through median $8K to maximum $20K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $70K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

29 grants

ST PHILLIP THE DEACON
$102K
5 grants
GUTHRIE THEATRE FOUNDATION
$45K
5 grants
HENNEPIN THEATRE TRUST
$45K
4 grants
HAMLINE UNIVERSITY
$35K
2 grants
WALLIN EDUCATION PARTNERS
$23K
4 grants
THEATRE LATTE DA
$18K
5 grants
AMERICAN SWEDISH INSTITUTE
$14K
2 grants
HENNEPIN ARTS
$10K
1 grant

Grant Size Distribution

29 grants

<$10K
20
grants
$10–50K
9
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

Minnesota
$291K
98% of total
California
$5K
2% of total

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