The Thomas Phillips And Jane Moore Johnson Foundation
- Assets
- $63.6m
- Revenue
- $10.8m
- Investments
- $58.9m
- Employees
- 0
- Location
- Telluride, CO
- Founding
- 05/1991
- Data as of
- 12/2021
- EIN
- 25-6357015
Organization Overview
The Thomas Phillips And Jane Moore Johnson Foundation is located in Telluride, CO. The organization was established in 1991. 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. Thomas Phillips And Jane Moore 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, Thomas Phillips And Jane Moore Johnson Foundation generated $10.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $5.3m during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 6 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 2017, Thomas Phillips And Jane Moore Johnson Foundation has awarded 437 individual grants totaling $13,861,015. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT
UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Burns Interim Executive Director | 0 | $284,250 | |
Dylan Hoos Chief Oper Officer | 0 | $110,600 | |
Jamison Lerner Program Officer | 0 | $70,600 | |
James M Johnson Chairman - As Needed | 0 | $0 | |
Jesse D Johnson Treasurer - As Needed | 0 | $0 | |
Asa J Johnson Secretary - As Needed | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shade Tree Advisors Llc | 12/30/21 | $67,699 |
Summit Rock Advisors | 12/30/21 | $194,820 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $92,499 |
| Dividends & Interest | $807,374 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,655,288 |
| Capital Gain Net Income | $5,655,288 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,200,163 |
| Total Revenue | $10,755,324 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $284,250 |
| Other employee salaries and wages | $181,200 |
| Pension plans, employee benefits | $57,892 |
| Interest | $16,723 |
| Taxes | $108,198 |
| Depreciation | $0 |
| Occupancy | $32,158 |
| Travel, conferences, and meetings | $20,903 |
| Printing and publications | $0 |
| Other expenses | $687,513 |
| Total operating and administrative expenses | $1,560,462 |
| Contributions, gifts, grants paid | $3,708,046 |
| Total expenses and disbursements | $5,268,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,628,495 |
| Savings and temporary cash investments | $3,055,582 |
| 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 | $37,833,624 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,756 |
| Total assets | $63,579,790 |
| 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, The Thomas Phillips And Jane Moore Johnson Foundation has awarded $3,708,046 in support to 118 organizations.
| Grant Recipient | Amount |
|---|---|
Middlebury, VT PURPOSE: GENERAL CHARITABLE | $585,000 |
Telluride, CO PURPOSE: GENERAL CHARITABLE | $500,000 |
Fort Lauderdale, FL PURPOSE: GENERAL CHARITABLE | $200,000 |
Bethany, WV PURPOSE: GENERAL CHARITABLE | $111,900 |
Amherst, MA PURPOSE: GENERAL CHARITABLE | $100,000 |
Washington, DC PURPOSE: GENERAL CHARITABLE | $90,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Kemper & Ethel Marley Foundation Phoenix, AZ | $235,853,723 | $45,107,707 |
Lannan Foundation Santa Fe, NM | $172,893,423 | $11,573,580 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
Mary K Chapman Foundation Tulsa, OK | $0 | $10,262,149 |