Jimmie Johnson Foundation
- Assets
- $270.0k
- Revenue
- $478.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Charlotte, NC
- Founding
- 04/2005
- Data as of
- 12/2021
- EIN
- 20-2387645
Organization Overview
Jimmie Johnson Foundation is located in Charlotte, NC. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Jimmie Johnson Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jimmie 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 12/2021, Jimmie Johnson Foundation generated $478.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $426.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jimmie Johnson Foundation has awarded 148 individual grants totaling $4,533,907. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE JIMMIE JOHNSON FOUNDATION IS DEDICATED TO ASSISTING CHILDREN, FAMILIES AND COMMUNITIES IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CURRENTLY FOCUSES ON FUNDING K-12 PUBLIC EDUCATION, PRIMARILY THROUGH THE JIMMIE JOHNSON FOUNDATION CHAMPIONS GRANT PROGRAM. CHAMPIONS GRANTS ARE AWARDED TO SCHOOLS LOCATED IN EL CAJON/SAN DIEGO, CALIFORNIA; MUSKOGEE AND TULSA, OKLAHOMA; AND MECKLENBURG AND CABARRUS COUNTIES IN NORTH CAROLINA TO HELP ADDRESS THEIR CRITICAL NEEDS. $246,126 IN GRANT AWARDS WAS GIVEN TO 10 SCHOOLS IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Morris Rudd Executive Director (july-Dec) | Officer | 55 | $53,713 |
Jennifer Mayer Executive Director (jan-April) | Officer | 55 | $36,171 |
Chandra Johnson Vice President | OfficerTrustee | 5 | $0 |
Jimmie Johnson President | OfficerTrustee | 5 | $0 |
Alan Miller Secretary | OfficerTrustee | 5 | $0 |
Sam May Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $334,158 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $143,464 |
| Noncash contributions included in lines 1a–1f | $8,400 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $477,622 |
| Total Program Service Revenue | $0 |
| Investment income | $20 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $318 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $477,960 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $246,126 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,052 |
| Compensation of current officers, directors, key employees. | $32,924 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,876 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,616 |
| Advertising and promotion | $1,760 |
| Office expenses | $2,473 |
| Information technology | $14,835 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,216 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $426,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,178 |
| Savings and temporary cash investments | $56,076 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,759 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $270,013 |
| Accounts payable and accrued expenses | $11,133 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,133 |
| Net assets without donor restrictions | $233,880 |
| Net assets with donor restrictions | $25,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $270,013 |
Grants Awarded
Over the last fiscal year, Jimmie Johnson Foundation has awarded $246,126 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
GRAND OAK ELEMENTARY - CMS PURPOSE: CHAMPIONS GRANT - EDUCATION SUPPORT | $35,000 |
CRESTDALE MIDDLE SCHOOL PURPOSE: CHAMPIONS GRANT - EDUCATION SUPPORT | $33,617 |
BLYTHE ELEMENTARY PURPOSE: CHAMPIONS GRANT - EDUCATION SUPPORT | $32,881 |
FRANCIS BRADLEY MIDDLE SCHOOL PURPOSE: CHAMPIONS GRANT - EDUCATION SUPPORT | $32,843 |
HOPEWELL HIGH SCHOOL PURPOSE: CHAMPIONS GRANT - EDUCATION SUPPORT | $27,839 |
San Diego, CA PURPOSE: CHAMPIONS GRANT - EDUCATION SUPPORT | $20,897 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Jimmie Johnson Foundation has recieved totaling $345,697.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $315,714 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,520 |
Kevin Harvick Foundation Harrisburg Road, NC PURPOSE: Outreach | $12,000 |
Organization Name not Listed PURPOSE: CHARITABLE CONTRIBUTION TO EXISTING 501C3 | | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $463 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Darla Moore And Richard Rainwater Foundation Lake City, SC | $538,432,800 | $34,322,461 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |