Johnson & Johnson Foundation United States Inc
- Assets
- $87.5m
- Revenue
- $27.0m
- Investments
- $4.6m
- Employees
- 0
- Location
- New Brunswick, NJ
- Founding
- 01/1955
- Data as of
- 12/2022
- EIN
- 22-6062811
Organization Overview
Johnson & Johnson Foundation United States Inc is located in New Brunswick, NJ. The organization was established in 1955. 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. Johnson & Johnson Foundation United States Inc 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, Johnson & Johnson Foundation United States Inc generated $27.0m 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 (13.3%) each year. All expenses for the organization totaled $69.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Johnson & Johnson Foundation United States Inc has awarded 14 individual grants totaling $454,676,171. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF GRANTS IN A NON-DSCRIMINATORY MANNER TO BRING GOOD HEALTH WITHIN REACH TO ALL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Broadhurst President - Trustee | 1 | $0 | |
Lauren Moore Vice President - Trustee | 1 | $0 | |
Daryl Todd Secretary - Trustee | 1 | $0 | |
Jessica Moore Treasurer - Trustee | 1 | $0 | |
Dirk Brinckman Trustee | 1 | $0 | |
Sue Hohenleitner Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,965,810 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,965,810 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $761,326 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $166,628 |
| Total operating and administrative expenses | $1,022,648 |
| Contributions, gifts, grants paid | $68,570,428 |
| Total expenses and disbursements | $69,593,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,831,467 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $18,000,000 |
| 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 | $4,649,188 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $87,480,655 |
| Accounts payable and accrued expenses | $28,858 |
| Grants payable | $6,755,383 |
| 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 | $6,784,241 |
Grants Awarded
Over the last fiscal year, Johnson & Johnson Foundation United States Inc has awarded $68,570,428 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS - SEE ATTACHED MATCHING ENTITIES PURPOSE: CONTRIBUTIONS MATCHING CERTAIN CHARITABLE CONTRIBUTIONS OF EMPLOYEES OF JOHNSON & JOHNSON AND ITS AFFILIATED COMPANIES. | $31,661,728 |
VARIOUS - SEE ATTACHED NONMATCHING PURPOSE: NON-MATCHING GRANTS TO OTHER CHARITABLE ORGANIZATIONS. | $36,908,700 |