Willard & Ruth Johnson Charitable Foundation
- Assets
- $23.0m
- Revenue
- $1.1m
- Investments
- $22.5m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/1993
- Data as of
- 12/2020
- EIN
- 76-0386599
Organization Overview
Willard & Ruth Johnson Charitable Foundation is located in Houston, TX. The organization was established in 1993. 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.
For the year ending 12/2020, Willard & Ruth Johnson Charitable Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Willard & Ruth Johnson Charitable Foundation has awarded 389 individual grants totaling $7,863,605. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Johnson Vice President | 2 | $0 | |
John W Johnson President | 2 | $0 | |
Christopher B Johnson Secretary | 2 | $0 | |
Steven J Lindley Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $54,911 |
| Dividends & Interest | $419,281 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $615,787 |
| Capital Gain Net Income | $630,687 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,818 |
| Total Revenue | $1,092,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $59,555 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $454 |
| Total operating and administrative expenses | $235,583 |
| Contributions, gifts, grants paid | $1,705,000 |
| Total expenses and disbursements | $1,940,583 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $532,706 |
| 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 | $1,162,704 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,023,528 |
| 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, Willard & Ruth Johnson Charitable Foundation has awarded $1,705,000 in support to 69 organizations.
| Grant Recipient | Amount |
|---|---|
GOLIAD COUNTY FAIR ASSOCIATION PURPOSE: GENERAL SUPPORT | $330,000 |
ST LUKE'S UNITED METHODIST CHURCH PURPOSE: GENERAL SUPPORT | $105,000 |
CASSIE'S PLACE PURPOSE: GENERAL SUPPORT | $90,000 |
HOUSTON METHODIST HOSPITAL PURPOSE: GENERAL SUPPORT | $75,000 |
Maryville, TN PURPOSE: GENERAL SUPPORT | $75,000 |
Dallas, TX PURPOSE: GENERAL SUPPORT | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wildcat Foundation Fort Worth, TX | $1,502,709 | $22,944,190 |
Scharbauer Foundation Inc Midland, TX | $204,622,700 | $50,992,703 |
Penner Family Foundation Bentonville, AR | $172,245,354 | $7,890,113 |
Shell Oil Company Foundation Houston, TX | $12,442,860 | $24,092,563 |
Robert & Janice Mcnair Foundation Houston, TX | $172,792,890 | $52,019,173 |
A R And Marylouise Tandy Foundation Tulsa, OK | $17,707,564 | $5,783,209 |
Henderson-Wessendorff Foundation Richmond, TX | $228,329,857 | $27,565,122 |
David Weekley Family Foundation Houston, TX | $118,581,415 | $15,382,555 |
Stemmons Foundation Irving, TX | $27,587 | -$659,646 |
Knobloch Family Foundation Houston, TX | $127,357,096 | $10,088,597 |
Eugene Mcdermott Foundation Dallas, TX | $149,741,866 | $91,443,837 |
Sheth Sangreal Foundation Austin, TX | $12,071,922 | $1,436,953 |