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Illinois · Private foundation

Fredric G & Mary L Novy Charitable Foundation Inc

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$13k
Granted FY2025(still arriving)
4
Grants FY2025
4
Organizations funded FY2024
25%
First-time grantees FY2024
Read the full brief
Median grant, FY2025
$3,625
Largest grant, FY2025
$5,444
Organizations funded a year
4 to 7
FY2018 to FY2024
States reached, FY2025
2
Total assets, FY2025
$68k
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2024, 25% of the organizations Fredric G & Mary L Novy Charitable Foundation Inc funded were first-time grantees, receiving 13% of its grant dollars.

New vs renewed · share of each year

In FY2024, 87% of grant dollars renewed an existing relationship; $2k went to new ones.

50%100%’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23’24
HealthEducationYouth DevelopmentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving4$13k25%
FY20244$15k25%
FY20234$11k25%
FY20225$28k0%
FY20217$32k57%
FY20206$30k33%
FY20195$21k0%
FY20186$18k17%
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Education$113kHealth$54kArts & Culture$10kRecreation & Sports$8kHuman Services$5kYouth Development$1kCrime & Legal$1k

Top grantees

Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.

Show all 11 grantees
All grantees of Fredric G & Mary L Novy Charitable Foundation Inc by total granted
GranteeTotal grantedYearsShare of their budget
Danny Did Foundation$44,07591%
Loyola Academy$26,5007n/a
Daniel Murphy Scholarship Fund$24,50060%
Lyric Opera of Chicago$10,00010%
Bobby Nichols - Fiddlesticks Foundation Inc$8,00060%
Misericordia Foundation$5,44410%
Hereditary Neuropathy Foundation Inc$2,00010%
The Academy at St Joan of Arc$2,00010%
Erikas Lighthouse A Beacon of Hope for Adolescent Depression$1,50010%
Bernie's Book Bank$1,00010%
Special Olympics Inc$30020%

Plus 6 recipients with no EIN on record ($68k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Fredric G & Mary L Novy Charitable Foundation Inc supplied at peak.

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetDanny Did Foundation: $44,075 over 9y, 0.8% of budgetDaniel Murphy Scholarship Fund: $24,500 over 6y, 0.1% of budgetLyric Opera of Chicago: $10,000 over 1y, 0.0% of budgetBobby Nichols - Fiddlesticks Foundation Inc: $8,000 over 6y, 0.2% of budgetMisericordia Foundation: $5,444 over 1y, 0.0% of budgetHereditary Neuropathy Foundation Inc: $2,000 over 1y, 0.3% of budgetThe Academy at St Joan of Arc: $2,000 over 1y, 0.1% of budgetErikas Lighthouse A Beacon of Hope for Adolescent Depression: $1,500 over 1y, 0.2% of budgetBernie's Book Bank: $1,000 over 1y, 0.0% of budgetSpecial Olympics Inc: $300 over 2y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 10.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Arthur J Gallagher FoundationIL12.9× affinity4 shared granteesties to 7 of 7Hover any node to trace its alignments.Compare side by side →

Open a dossier: Arthur J Gallagher Foundation · Jpmorgan Chase Foundation · The Blackbaud Giving Fund · National Philanthropic Trust · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Fredric G & Mary L Novy Charitable Foundation Inc with peer funders

About Fredric G & Mary L Novy Charitable Foundation Inc

How much does Fredric G & Mary L Novy Charitable Foundation Inc give?
Fredric G & Mary L Novy Charitable Foundation Inc reported 4 grants totaling $12,569 in its FY2025 IRS filing. It funded between 4 and 7 organizations a year over FY2018 to FY2024.
What does Fredric G & Mary L Novy Charitable Foundation Inc fund?
By grant dollars over FY2017 to FY2025, its largest causes are Education (59%), Health (28%), Arts & Culture (5%).
Who are Fredric G & Mary L Novy Charitable Foundation Inc's largest grantees?
By total granted over FY2017 to FY2025: Danny Did Foundation ($44k), Loyola Academy ($27k), Daniel Murphy Scholarship Fund ($25k).
Does Fredric G & Mary L Novy Charitable Foundation Inc fund new organizations?
In FY2024, 25% of the organizations it funded were first-time grantees.
Does Fredric G & Mary L Novy Charitable Foundation Inc accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Fredric G & Mary L Novy Charitable Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include Arthur J Gallagher Foundation, Jpmorgan Chase Foundation, The Blackbaud Giving Fund.
Where is Fredric G & Mary L Novy Charitable Foundation Inc based?
Fredric G & Mary L Novy Charitable Foundation Inc is based in IL.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 17 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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