Johnson Foundation
- Assets
- $806.7k
- Revenue
- $49.0k
- Investments
- $694.7k
- Employees
- 0
- Location
- Chariton, IA
- Founding
- 01/1959
- Data as of
- 11/2023
- EIN
- 42-6062888
Organization Overview
Johnson Foundation is located in Chariton, IA. The organization was established in 1959. 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 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 11/2023, Johnson Foundation generated $49.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $70.3k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Johnson Foundation has awarded 18 individual grants totaling $247,466. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Garton Trustee | 0.25 | $0 | |
Aaron Garton Trustee | 0 | $0 | |
Danielle Johnson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $32,074 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,917 |
| Capital Gain Net Income | $16,917 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,991 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $567 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,064 |
| Contributions, gifts, grants paid | $59,241 |
| Total expenses and disbursements | $70,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $111,070 |
| 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 | $658,377 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $925 |
| Total assets | $806,687 |
| 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 Foundation has awarded $59,241 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
GRAND VIEW COLLEGE PURPOSE: GENERAL FUND | $7,000 |
IOWA COLLEGE FOUNDATION PURPOSE: GENERAL FUND | $5,000 |
CHARITON COMMUNITY SCHOOL DISTRICT PURPOSE: GENERAL FUND | $15,000 |
CHARITON CHAMBER AND DEVELOPMENT CHARITABLE FOUNDATION PURPOSE: GENERAL FUND | $25,000 |
UNIVERSITY OF NORTHERN IOWA PURPOSE: GENERAL FUND | $4,864 |
UNIVERSITY OF IOWA PURPOSE: GENERAL FUND | $2,377 |