The Jennifer Novak Foundation
MEDINA, MN EIN: 26-0761161
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$726K
-5.2% YoY
Annual Giving
$52K
-1.9% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$9K
-18.2% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $725,630 | $765,717 | $827,285 |
| Revenue | $27,018 | $6,507 | $24,952 |
| Expenses | $67,105 | $68,075 | $76,090 |
| Qualifying Distributions | $51,750 | $52,750 | $60,750 |
| Net Investment Income | $11,663 | $6,460 | $9,612 |
| Distributable Amount | $59,133 | $51,121 | $48,132 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Jennifer Novak Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NICHOLAS NOVAK | TRUSTEE | 10 | $14,400 |
| JENNIFER NOVAK | TRUSTEE | — | — |
| JAY NOVAK | TRUSTEE | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Minnesota $291K (98%)
California $5K (2%)
States
Cities
MinneapolisPlymouthSan FranciscoSt Paul
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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