Funder DirectoryTHE PENNY SMITH NOVICK FOUNDATION INC
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Private foundation (trust)EIN 133935976Est. 1997-05

THE PENNY SMITH NOVICK FOUNDATION INC

PALM BEACH, FL 33480

Total Assets

$852K

FY 2024

Annual Giving

$54K

FY 2024

Grants Made

7

FY 2024

Avg Grant

$8K

FY 2024

Grant Range

$738–$28K

Typical

Deadlines

Applications

Focus Areas

PhilanthropyVoluntarism & Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$60K

Total Expenses

$70K

Qualifying Distributions

$57K

Distributable Amount

$41K

Min. Investment Return

$41K

Undistributed Income

$20K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

7 grants

Grant sizes from minimum $738 through median $2K to maximum $28K, 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

6 years

Giving over time from 2018 to 2024. Peak $54K in 2024. Hover bars for details.

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

Top Recipients

36 grants

NORTH SHORE-LIJ HEALTH SYSTEM FOUNDATION
$108K
5 grants
NORTHWELL FOUNDATION
$28K
1 grant
FRIENDS OF THE ISRAEL DEFENSE FORCE
$25K
2 grants
TEMPLE SINAI
$11K
3 grants
FRIENDS OF THE ISRAEL DEFENSE FORCES
$9K
2 grants
AMERICAN CANCER SOCIETY
$7K
5 grants
GLEN OAKS CLUB PHILANTROPHIC FUND
$4K
6 grants
JEWISH FEDERATION OF PALM BEACH COUNTY
$3K
3 grants

Grant Size Distribution

36 grants

<$10K
29
grants
$10–50K
7
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

New York
$196K
98% of total
Florida
$3K
2% of total
Georgia
$1K
0% of total

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THE PENNY SMITH NOVICK FOUNDATION INC — Grants, Financials & Contact | Grantivo