Johnson Family Foundation
- Assets
- $11.4m
- Revenue
- $671.0k
- Investments
- $11.4m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/1997
- Data as of
- 04/2023
- EIN
- 31-1542859
Organization Overview
Johnson Family Foundation is located in Milwaukee, WI. The organization was established in 1997. 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. Johnson Family 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 04/2023, Johnson Family Foundation generated $671.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $1.2m during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Johnson Family Foundation has awarded 85 individual grants totaling $3,023,700. 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.
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 |
|---|---|---|---|
Patricia L Johnson Lipcon Director | 0 | $0 | |
Jesse Lipcon Director | 0 | $0 | |
Gwendolyn Kess Johnson Director | 0 | $0 | |
David B Hamilton Director | 0 | $0 | |
Charlotte Johnson Lilly Director | 0 | $0 | |
Crosley Johnson Sigmon Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $353,759 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $316,806 |
| Capital Gain Net Income | $316,806 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $389 |
| Total Revenue | $670,954 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,253 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $277 |
| Total operating and administrative expenses | $99,280 |
| Contributions, gifts, grants paid | $1,083,000 |
| Total expenses and disbursements | $1,182,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $55,957 |
| 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 | $11,157,390 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,419,464 |
| 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, Johnson Family Foundation has awarded $1,083,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
HELPING HANDS PURPOSE: GENERAL OPERATING | $30,000 |
BOSTON AREA GLEANERS PURPOSE: GENERAL OPERATING | $50,000 |
LOVIN SPOONFULS INC PURPOSE: GENERAL OPERATING | $60,000 |
MIT OFFICE OF ENGINEERING OUTREACH - PURPOSE: GENERAL OPERATING | $40,000 |
MORE THAN WORDS PURPOSE: GENERAL OPERATING | $50,000 |
NEW LIFE FURNITURE INC PURPOSE: GENERAL OPERATING | $25,000 |