Robert Wood Johnson Foundation
- Assets
- $13.7b
- Revenue
- $898.5m
- Investments
- $12.6b
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 07/1949
- Data as of
- 12/2023
- EIN
- 22-6029397
Organization Overview
Robert Wood Johnson Foundation is located in Princeton, NJ. The organization was established in 1949. 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. Robert Wood 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 12/2023, Robert Wood Johnson Foundation generated $898.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $830.8m during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 8 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 2014, Robert Wood Johnson Foundation has awarded 49,872 individual grants totaling $7,459,896,870. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL OUTREACH & SUPPORT: SHARE RESEARCH RESULTS, SUPPORT POLICY AND COMMUNICATIONS EFFORTS THAT CREATE A FUTURE WHERE HEALTH IS NOT A PRIVILEGE BUT A RIGHT.
HEALTHY COMMUNITIES: WORK TOWARD A FUTURE WHERE EVERY COMMUNITY IS A PLACE WHERE ALL PEOPLE CAN FLOURISH AND REACH THEIR BEST POSSIBLE HEALTH AND WELLBEING.
POLICY: ADVANCE POLICIES, PRACTICES, AND SYSTEMS CHANGES THAT DISMANTLE THE BIGGEST BARRIERS TO HEALTH AND WELLBEING, ESPECIALLY STRUCTURAL RACISM.
OTHER ACTIVITIES: FUND AND SHARE EVIDENCE-BASED, NONPARTISAN REPORTS THAT INFORM HEALTH AND HEALTH EQUITY POLICIES AT ALL LEVELS OF GOVERNMENT AND IN COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn S Fuller Trustee Chair | 5 | $65,000 | |
Brenda S Davis Trustee Emeritus 1/25/2023 | 3.5 | $1,000 | |
Leah Mccall Devlin Trustee | 3.5 | $14,000 | |
Azita Emami Trustee | 3.5 | $34,000 | |
Julio Frenk Trustee | 3.5 | $28,000 | |
William H Frist Trustee Emeritus 1/25/2023 | 3.5 | $1,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Media Management Svss Inc Dba Mms Education | 12/30/23 | $3,438,394 |
Burness Communications Inc | 12/30/23 | $5,165,902 |
Mccabe Message Partners Llc | 12/30/23 | $2,369,121 |
Metropolitan Group Llc | 12/30/23 | $2,206,938 |
Think True Llc | 12/30/23 | $2,206,041 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $56,070 |
| Interest on Savings | $4,898,551 |
| Dividends & Interest | $182,923,494 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $709,781,856 |
| Capital Gain Net Income | $657,330,353 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $798,853 |
| Total Revenue | $898,458,824 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,440,121 |
| Other employee salaries and wages | $48,841,074 |
| Pension plans, employee benefits | $35,490,320 |
| Interest | $6,030 |
| Taxes | $14,920,894 |
| Depreciation | $5,901,246 |
| Occupancy | $3,577,583 |
| Travel, conferences, and meetings | $1,923,048 |
| Printing and publications | $640,875 |
| Other expenses | $109,271,354 |
| Total operating and administrative expenses | $279,593,506 |
| Contributions, gifts, grants paid | $551,244,399 |
| Total expenses and disbursements | $830,837,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,020,857 |
| Savings and temporary cash investments | $490,931,767 |
| Net Accounts receivable | $369,525,391 |
| Net Pledges Receivable | $32,799,830 |
| 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 | $615,128 |
| Net Investments - land, buildings, equipment | $1,165,588 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,360,312,226 |
| Net Land, buildings, and equipment | $31,016,070 |
| Other assets | $130,259,383 |
| Total assets | $13,678,252,785 |
| Accounts payable and accrued expenses | $34,379,957 |
| Grants payable | $415,663,452 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $481,905,965 |
| Total liabilities | $931,949,374 |
Grants Awarded
Over the last fiscal year, Robert Wood Johnson Foundation has awarded $783,565,370 in support to 3,816 organizations.
| Grant Recipient | Amount |
|---|---|
1812 PRODUCTIONS INC PURPOSE: MATCHING GIFT | $250 |
FUNDERS NETWK PURPOSE: 81105 SUPPORTING THE FUNDERS NETWORK IN A REGIONAL COLLABORATION TO EQUITABLY IMPLEMENT FEDERAL INFRASTRUCTURE FUNDING | $225,000 |
LEAGUE OF CONSERVATION VOTERS EDUCATION PURPOSE: 79584 LEVERAGING A TRANSPORTATION FUNDING PLAN IN MARICOPA COUNTY, AZ, TO REDUCE THE HEAT ISLAND EFFECT AND FUND URBAN GREENWAYS IN COMMUNITIES OF COLOR | $228,600 |
FUNDERS NETWK PURPOSE: 80094 GENERAL OPERATING SUPPORT FOR THE FUNDERS NETWORK | $250,000 |
19TH NEWS PURPOSE: 78260 GENERAL OPERATING SUPPORT FOR THE 19TH NEWS | $300,000 |
350 ORG PURPOSE: MATCHING GIFT | $250 |