Johnson Foundation
- Assets
- $2.5m
- Revenue
- $361.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Salisbury, NC
- Founding
- 08/1956
- Data as of
- 12/2022
- EIN
- 56-6034758
Organization Overview
Johnson Foundation is located in Salisbury, NC. The organization was established in 1956. 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. 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 12/2022, Johnson Foundation generated $361.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $186.0 during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Johnson Foundation has awarded 39 individual grants totaling $461,200. 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 |
|---|---|---|---|
Judith H Johnson President | 0 | $0 | |
Kathryn H Johnson V. President | 0 | $0 | |
F Joanne Johnson Treasurer/se | 0 | $0 | |
Arthur L Hattaway Jr Asst. Secret | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $361,581 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $361,583 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $186 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $186 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,434 |
| Savings and temporary cash investments | $2,449,879 |
| 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 | $2,612 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,468,925 |
| 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, Johnson Foundation has awarded $300,400 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ROWAN HELPING MINISTRIES PURPOSE: CHARITABLE USE | $10,000 |
CENTRAL NC COUNCIL OF BSA PURPOSE: CHARITABLE USE | $4,000 |
COMMUNITY CARE CLINIC OF ROWAN COUN PURPOSE: CHARITALBE USE | $10,000 |
NAZARETH CHILDRENS HOME PURPOSE: CHARITABLE USE | $7,000 |
LAND TRUST OF NC PURPOSE: CHARITABLE USE | $7,000 |
JIMMY V FOUNDATION PURPOSE: CHARITABLE USE | $5,000 |