The Penny Smith Novick Foundation Inc
Preselected recipients only
The Penny Smith Novick Foundation Inc is a private foundation in Palm Beach, Florida. In tax year 2025 it gave $47,097 in 8 grants; the typical grant was $2,234 and the largest $27,950. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$47,097
- Number of grants8
- Typical grant$2,234
- Largest grant$27,950
- Assets$886,961
- New grantees25%
Giving in 2025 was down from $53,638 the year before.
25% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $31,550 | 6 | $829,452 |
| 2024 | $53,638 | 7 | $852,185 |
| 2025 | $47,097 | 8 | $886,961 |
How to apply
The Penny Smith Novick Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
Its grants went to recipients in 2 states, the most to New York.
| State | Grants | Amount |
|---|---|---|
| New York | 6 | $40,472 |
| Florida | 2 | $6,625 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Northwell Foundation | General purpose | $27,950 |
| Jewish Federation of Palm Beach County | General purpose | $6,000 |
| Friends of the Israel Defense Force | General purpose | $5,805 |
| Play for Pink | General purpose | $2,967 |
| American Cancer Society | General purpose | $1,500 |
| Crohn's & Colitis Foundation | General purpose | $1,500 |
| Glen Oaks Club Philantrophic Fund | General purpose | $750 |
| Richard David Kann Melanoma Foundation | General purpose | $625 |
Officers and trustees
- Penny Novick
- Brett Novick
Questions people ask
Does The Penny Smith Novick Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Penny Smith Novick Foundation Inc give?
$47,097 in tax year 2025, across 8 grants, with a typical grant of $2,234.
Who runs The Penny Smith Novick Foundation Inc?
Its 2025 filing lists Penny Novick (President / Treasurer) and Brett Novick (Director).