The@paul T And Frances B Johnson Foundation
- Assets
- $3.4m
- Revenue
- $166.9k
- Investments
- $3.1m
- Employees
- 0
- Location
- Benzonia, MI
- Founding
- 02/1998
- Data as of
- 06/2024
- EIN
- 38-3382755
Organization Overview
The@paul T And Frances B Johnson Foundation is located in Benzonia, MI. The organization was established in 1998. 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. The@paul T And Frances B 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.
Since 2017, The@paul T And Frances B Johnson Foundation has awarded 27 individual grants totaling $1,647,548. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon M Haugen Chairdirtre | 8 | $2,600 | |
Darrell Robinson Director | 1 | $0 | |
Nicole Bates Secretarydir | 2 | $0 | |
David Noonan Director | 1 | $0 | |
Mary Wilsey Director | 0 | $1,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34 |
| Dividends & Interest | $141,081 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,329 |
| Capital Gain Net Income | $15,329 |
| Net ST Capital Gain | $29,604 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,484 |
| Total Revenue | $166,928 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $517 |
| Depreciation | $1,573 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $861 |
| Total operating and administrative expenses | $15,351 |
| Contributions, gifts, grants paid | $191,338 |
| Total expenses and disbursements | $206,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,279 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $153,534 |
| Total assets | $3,368,859 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $97,825 |
| 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 | $97,825 |
Grants Awarded
Over the last fiscal year, The@paul T And Frances B Johnson Foundation has awarded $191,338 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMIC YEAR 2024 2025 PURPOSE: HONORARIA AWARDS | $38,200 |
CHARITIBLE BEQUESTS PURPOSE: 501C3 ORGANIZATIONS | $34,638 |
ACADEMIC YEAR 2024 2025 PURPOSE: SCHOLARSHIPS NEW AND RENEWAL AWARDS | $118,500 |