Robert Wood Johnson Foundation
- Assets
- $14.8b
- Revenue
- $1.1b
- Investments
- $13.9b
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 07/1949
- Data as of
- 12/2021
- EIN
- 22-6029397
Organization Overview
Robert Wood Johnson Foundation is located in Princeton, NJ. The organization was established in 1949. 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. Robert Wood Johnson Foundation 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 12/2021, Robert Wood Johnson Foundation generated $1.1b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $873.8m during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Robert Wood Johnson Foundation has awarded 40,837 individual grants totaling $5,836,226,924. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
RESEARCH, EVALUATION, LEARNING: PROGRAMS THAT HELP IDENTIFY THE ROOT CAUSES OF HEALTH DISPARITIES IN AMERICA, AND POTEN- IAL SOLUTIONS TO IMPROVE HEALTH, EQUITY, AND WELLBEING.
HEALTHY CHILDREN AND FAMILIES: PROGRAMS AND COMMUNICATIONS EFFORTS THAT ENSURE ALL FAMILIES HAVE THE RESOURCES THEY NE- ED TO FOSTER HEALTHY DEVELOPMENT & RAISE THRIVING CHILDREN.
GENERAL OUTREACH AND SUPPORT: SYNTHESIZE AND SHARE RESEARCH FINDINGS, SUPPORT POLICY AND COMMUNICATIONS ACTIVITIES THAT IMPROVE THE HEALTH AND WELLBEING OF EVERYONE IN AMERICA.
OTHER ACTIVITIES: FUND AND SHARE EVIDENCE-BASED, NONPARTISAN REPORTS AND ANALYSES THAT HELP SHAPE HEALTH AND HEALTH EQU- ITY POLICIES AT ALL LEVELS OF GOVERNMENT AND IN COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian O'neil Cio | 40 | $1,873,134 | |
Richard E Besser President & CEO | 40 | $908,227 | |
Michael Aswad Md Private Inv | 40 | $849,774 | |
Warren Stock Md Public Inv | 40 | $812,165 | |
Qi Feng Lau Md Risk Management | 40 | $722,677 | |
Joshua Stern Dir Private Inv | 40 | $701,176 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Metropolitan Group | 12/30/21 | $2,520,238 |
Burness Communications | 12/30/21 | $7,425,388 |
Mms Education | 12/30/21 | $2,318,576 |
Mathematica Inc | 12/30/21 | $2,905,103 |
Mccabe Message Partners Llc | 12/30/21 | $3,262,889 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,085 |
| Interest on Savings | $197,151 |
| Dividends & Interest | $150,304,016 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $974,075,995 |
| Capital Gain Net Income | $958,093,020 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $596,341 |
| Total Revenue | $1,125,174,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,533,168 |
| Other employee salaries and wages | $36,690,417 |
| Pension plans, employee benefits | $36,966,171 |
| Interest | $27,085 |
| Taxes | $14,162,978 |
| Depreciation | $5,364,434 |
| Occupancy | $3,464,532 |
| Travel, conferences, and meetings | $126,114 |
| Printing and publications | $598,475 |
| Other expenses | $88,988,819 |
| Total operating and administrative expenses | $236,706,512 |
| Contributions, gifts, grants paid | $637,045,894 |
| Total expenses and disbursements | $873,752,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,739,140 |
| Savings and temporary cash investments | $361,911,627 |
| Net Accounts receivable | $298,012,132 |
| Net Pledges Receivable | $34,644,179 |
| 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 | $107,842 |
| Net Investments - land, buildings, equipment | $1,165,588 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,045,232,731 |
| Net Land, buildings, and equipment | $34,889,813 |
| Other assets | $129,001,340 |
| Total assets | $14,837,880,900 |
| Accounts payable and accrued expenses | $17,664,677 |
| Grants payable | $356,769,915 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $558,703,285 |
| Total liabilities | $933,137,877 |
Grants Awarded
Over the last fiscal year, Robert Wood Johnson Foundation has awarded $825,413,169 in support to 4,938 organizations.
| Grant Recipient | Amount |
|---|---|
Bethesda, MD PURPOSE: 78878 TRANSFORMING LOCAL DATA ENVIRONMENTS THROUGH | $9,524,655 |
RUTGERS ST U OF NJ NEW BRUNSWICK PURPOSE: 78890 STRENGTHENING RUTGERS' PARTNERSHIPS WITH N.J | $9,000,000 |
NATIONAL ACAD OF SCIS PURPOSE: 78884 SUPPORTING HISTORICALLY BLACK COLLEGES AND U | $9,000,000 |
NATIONAL COUNCIL OF YMCAS OF THE USA PURPOSE: 78779 ENABLING MORE-EQUITABLE Y ORGANIZATIONAL PRA | $8,100,000 |
LEADERSHIP CONF EDU FUND PURPOSE: 78879 ADVANCING STATE AND FEDERAL POLICIES FOR MEA | $6,698,855 |
UNIVERSITY OF WISCONSIN POPULATION HEALT PURPOSE: 78090 STRENGTHENING COUNTY HEALTH RANKINGS & ROADM | $6,626,031 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Robert Wood Johnson Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Shinemaker Foundation Mill Valley, CA PURPOSE: GENERAL DONATION TO PUBLIC CHARITY | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert Wood Johnson Foundation Princeton, NJ | $14,837,880,900 | $1,125,174,588 |
Rockefeller Foundation New York, NY | $7,467,445,865 | $704,223,491 |
Simons Foundation Inc New York, NY | $4,513,699,772 | $129,477,470 |
Bloomberg Family Foundation Inc New York, NY | $0 | $1,259,941,914 |
Leona M & Harry B Helmsley Charitable Trust New York, NY | $8,313,587,896 | $723,181,306 |
Jp Morgan Chase Foundation New York, NY | $675,856,149 | $488,434,024 |
Genzyme Charitable Foundation Inc Bridgewater, NJ | $0 | $207,296,108 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA | $2,648,950,543 | $383,215,006 |
Doris Duke Charitable Foundation Inc New York, NY | $2,668,517,046 | $296,413,800 |
Shelby Cullom Davis Charitable Fund Inc Wilmington, DE | $2,798,959,665 | $325,311,650 |
Hillman Family Foundations Pittsburgh, PA | $2,323,141,190 | $264,701,739 |
William Penn Foundation Philadelphia, PA | $0 | $175,834,650 |