Johhny Iii Foundation is located in Dallas, TX. The organization was established in 2010. 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. Johhny Iii 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, Johhny Iii Foundation generated $4.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $12.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cindy Whitley Pres CEO | 0 | $0 | |
John T Whitley Secretary | 0 | $0 | |
Leslie L Hilberth Vice Pres | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $5,043 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$100 |
Capital Gain Net Income | $151 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $4,943 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $51 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $48 |
Total operating and administrative expenses | $2,140 |
Contributions, gifts, grants paid | $9,836 |
Total expenses and disbursements | $11,976 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,149 |
Savings and temporary cash investments | $4,399 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $154,183 |
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 |
Over the last fiscal year, Johhny Iii Foundation has awarded $9,836 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
ST JUDE CHILDREN'S RESEARCH HOSPITALINC PURPOSE: CHARITABLE | $500 |
CURE SMA PURPOSE: CHARITABLE | $2,000 |
TEXAS A&M PURPOSE: EDUCATION | $1,000 |
JESUIT COLLEGE PREPARATORY SCHOOL PURPOSE: EDUCATION | $1,012 |
REFINED HOSPITAL-COLORECTAL ALLIANCE PURPOSE: CHARITABLE | $5,000 |
SIGMA NU PURPOSE: EDUCATION | $324 |