Novus Foundation
Preselected recipients only
Novus Foundation is a private foundation in Chicago, Illinois. In tax year 2025 it gave $2,000 in 1 grant; the typical grant was $2,000 and the largest $2,000. 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$2,000
- Number of grants1
- Typical grant$2,000
- Largest grant$2,000
- Assets$27,378
- New grantees0%
Giving in 2025 was the same as $2,000 the year before.
0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $2,000 | 1 | $27,384 |
| 2024 | $2,000 | 1 | $27,397 |
| 2025 | $2,000 | 1 | $27,378 |
How to apply
Novus Foundation 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.
What Novus Foundation funds
Where it gives
All of its grants went to recipients in Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 1 | $2,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Lift Foundation | Educate and Develop Leadership in India | $2,000 |
Officers and trustees
- Raymond E Bayley
- Lois A Haubold
- James K Byron
Questions people ask
Does Novus Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Novus Foundation give?
$2,000 in tax year 2025, across 1 grant, with a typical grant of $2,000.
Who runs Novus Foundation?
Its 2025 filing lists Raymond E Bayley (Director), Lois A Haubold (Director) and James K Byron (Director).
What does Novus Foundation fund?
Based on its grants, mainly education.