Robert K Johnson Foundation
- Assets
- $110.7m
- Revenue
- $12.1m
- Investments
- $91.8m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 02/2007
- Data as of
- 12/2022
- EIN
- 20-6981384
Organization Overview
Robert K Johnson Foundation is located in Las Vegas, NV. The organization was established in 2007. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert K 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, Robert K Johnson Foundation generated $12.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 56.3% each year . All expenses for the organization totaled $6.5m during the year ending 12/2022. While expenses have increased by 47.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Robert K Johnson Foundation has awarded 78 individual grants totaling $8,619,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wells Fargo Bank N A Co-Trustee | 1 | $306,521 | |
Thomas Patrick Dore Jr Executive Director | 1 | $225,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,457,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,818,310 |
| Net Rental Income | -$25,008 |
| Net Gain on Sale of Assets | $873,136 |
| Capital Gain Net Income | $873,136 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,148,446 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $531,521 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $136,252 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45,015 |
| Total operating and administrative expenses | $946,926 |
| Contributions, gifts, grants paid | $5,552,000 |
| Total expenses and disbursements | $6,498,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,920,511 |
| 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 | $13,910,329 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $110,678,655 |
| 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, Robert K Johnson Foundation has awarded $5,552,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
THE FRICK COLLECTION PURPOSE: GENERAL OPERATING | $75,000 |
METROPOLITAN OPERA PURPOSE: GENERAL OPERATING | $75,000 |
THE MILLBROOK SCHOOL PURPOSE: GENERAL OPERATING | $43,000 |
DUTCHESS LAND CONSERVANCY PURPOSE: GENERAL OPERATING | $41,000 |
HITCHCOCK WOODS FOUNDATION PURPOSE: GENERAL OPERATING | $25,000 |
LAFAYETTE COLLEGE PURPOSE: GENERAL OPERATING | $25,000 |