George R Johnson Family Foundation
- Assets
- $24.7m
- Revenue
- $1.3m
- Investments
- $24.0m
- Employees
- 0
- Location
- Cleveland, TN
- Founding
- 04/2004
- Data as of
- 12/2022
- EIN
- 62-6401641
Organization Overview
George R Johnson Family Foundation is located in Cleveland, TN. The organization was established in 2004. 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. George R Johnson Family 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, George R Johnson Family Foundation generated $1.3m 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 (4.2%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, George R Johnson Family Foundation has awarded 584 individual grants totaling $13,571,262. 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 |
|---|---|---|---|
Janice J Wilson Executive Di | 20 | $60,000 | |
Beverly P Johnson Director | 0 | $0 | |
R Mark Johnson Director | 0 | $0 | |
Julia Johnson Scoggins Director | 0 | $0 | |
Doris Johnson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $717,044 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $553,779 |
| Capital Gain Net Income | $553,779 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,270,823 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,590 |
| Interest | $0 |
| Taxes | $36,344 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,734 |
| Total operating and administrative expenses | $257,684 |
| Contributions, gifts, grants paid | $1,745,073 |
| Total expenses and disbursements | $2,002,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,905 |
| Savings and temporary cash investments | $555,643 |
| 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 | $111,763 |
| Other assets | $23,459 |
| Total assets | $24,713,498 |
| 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, George R Johnson Family Foundation has awarded $1,745,073 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
A STEP AHEAD CHATTANOOGA PURPOSE: PROGRAM SUPPORT | $10,000 |
ALZHEIMER'S ASSOCIATION GA CHAPTER PURPOSE: PROGRAM SUPPORT | $10,000 |
ARTSBUILD PURPOSE: ART EDUCATION | $7,500 |
ATHENS AREA COUNCIL FOR THE ARTS PURPOSE: PROGRAM SUPPORT | $25,000 |
BETHEL BIBLE VILLAGE PURPOSE: PROGRAM SUPPORT | $30,000 |
BOYS & GIRLS CLUBS OF LOUDON CNTY PURPOSE: PROGRAM SUPPORT | $35,000 |