James Milton And Sallie R Johnsonfoundation
- Assets
- $11.3m
- Revenue
- $938.6k
- Investments
- $10.6m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 11/2006
- Data as of
- 12/2023
- EIN
- 20-5592026
Organization Overview
James Milton And Sallie R Johnsonfoundation is located in Birmingham, AL. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James Milton And Sallie R Johnsonfoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, James Milton And Sallie R Johnsonfoundation generated $938.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $685.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, James Milton And Sallie R Johnsonfoundation has awarded 125 individual grants totaling $3,393,989. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sumner Johnson Rives President | 1 | $0 | |
Milton R Johnson Director | 1 | $0 | |
Kate Fisher Johnson Secretary/treasurer | 1 | $0 | |
John Christian Rives Director | 1 | $0 | |
James Milton Johnson Director | 1 | $0 | |
Sallie R Johnson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $389,379 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $548,971 |
| Capital Gain Net Income | $548,971 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $277 |
| Total Revenue | $938,627 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,254 |
| Depreciation | $0 |
| Occupancy | $8,386 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $623 |
| Total operating and administrative expenses | $50,111 |
| Contributions, gifts, grants paid | $635,238 |
| Total expenses and disbursements | $685,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $720,961 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,561,414 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,282,375 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, James Milton And Sallie R Johnsonfoundation has awarded $635,238 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BIRMINGHAM EDUCATION FOUNDATION (SAIL PROGRAM) PURPOSE: SAIL PROGRAM | $50,000 |
BIRMINGHAM MUSEUM OF ART PURPOSE: GENERAL OPERATING | $113,940 |
COLLEGE CHOICE FOUNDATION PURPOSE: GENERAL OPERATING | $15,000 |
FOUNDERS PLACE PURPOSE: GENERAL OPERATING | $5,000 |
GRACE KLIEN COMMUNITY PURPOSE: GENERAL OPERATING | $15,000 |
JEFFERSON STATE COMMUNITY COLLEGE PURPOSE: GENERAL OPERATING | $75,683 |