The Nancy & Victor S Johnson Jr Foundation Inc
- Assets
- $5.4m
- Revenue
- $94.6k
- Investments
- $5.3m
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 12/1967
- Data as of
- 12/2022
- EIN
- 62-6073456
Organization Overview
The Nancy & Victor S Johnson Jr Foundation Inc is located in Nashville, TN. The organization was established in 1967. 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. Nancy & Victor S Johnson Jr Foundation Inc 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, Nancy & Victor S Johnson Jr Foundation Inc generated $94.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.3%) each year. All expenses for the organization totaled $301.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Nancy & Victor S Johnson Jr Foundation Inc has awarded 349 individual grants totaling $1,010,000. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONTRIBUTES DIRECTLY TO THE ARTS, RELIGIOUS ORGANIZATIONS, ANIMAL CARE, HOMELESS ORGANIZATIONS, EDUCATION INSTITUTIONS, CHARITABLE HOSPITALS, AND OTHER EXEMPT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor S Johnson III Director | 0 | $0 | |
Chris Johnson Tyler Director | 0 | $0 | |
Denise O'briant Secretary | 0 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,524 |
| Dividends & Interest | $70,047 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,655 |
| Capital Gain Net Income | $20,655 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $349 |
| Total Revenue | $94,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $566 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $696 |
| Printing and publications | $0 |
| Other expenses | $6 |
| Total operating and administrative expenses | $46,214 |
| Contributions, gifts, grants paid | $255,000 |
| Total expenses and disbursements | $301,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $123,369 |
| 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 | $13,420 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,391,123 |
| 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, The Nancy & Victor S Johnson Jr Foundation Inc has awarded $275,000 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
COTTAGE COVE URBAN MINISTRIES PURPOSE: GENERAL SUPPORT | $7,000 |
BELMONT UNIVERSITY PURPOSE: VSJ ENDOWED SCHOLARSHIP | $10,000 |
100 CLUB OF NASHVILLE PURPOSE: GENERAL SUPPORT | $1,000 |
AMHERST COLLEGE PURPOSE: GENERAL SUPPORT | $3,000 |
FISHTOWN PRESERVATION SOCIETY PURPOSE: GENERAL SUPPORT | $2,000 |
FRIENDS OF RADNOR LAKE PURPOSE: GENERAL SUPPORT | $3,000 |