David Kelby Johnson Memorial Foundation
- Assets
- $39.0m
- Revenue
- $2.4m
- Investments
- $21.1m
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 47-1051277
Organization Overview
David Kelby Johnson Memorial Foundation is located in Salt Lake City, UT. The organization was established in 2014. 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. David Kelby Johnson Memorial 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 12/2022, David Kelby Johnson Memorial Foundation generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $2.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David Kelby Johnson Memorial Foundation has awarded 273 individual grants totaling $8,709,697. 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 |
|---|---|---|---|
Laurel Dokos Exec. Dir. | 35 | $206,946 | |
Peter M Corroon Adv. Comm. | 1 | $10,000 | |
Monsignor Joseph M Mayo Adv. Comm. | 1 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $572,118 |
| Net Rental Income | $1,133,219 |
| Net Gain on Sale of Assets | $332,390 |
| Capital Gain Net Income | $332,390 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,414,460 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $206,946 |
| Other employee salaries and wages | $191,287 |
| Pension plans, employee benefits | $11,819 |
| Interest | $0 |
| Taxes | $68,888 |
| Depreciation | $365,819 |
| Occupancy | $19,647 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $342,329 |
| Total operating and administrative expenses | $1,217,756 |
| Contributions, gifts, grants paid | $1,684,175 |
| Total expenses and disbursements | $2,901,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,004,363 |
| 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 | $67,355 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,258,512 |
| Net Land, buildings, and equipment | $15,796,739 |
| Other assets | $0 |
| Total assets | $38,979,839 |
| 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 | $396,676 |
| Other liabilities | $1,283 |
| Total liabilities | $397,959 |
Grants Awarded
Over the last fiscal year, David Kelby Johnson Memorial Foundation has awarded $1,684,175 in support to 82 organizations.
| Grant Recipient | Amount |
|---|---|
BALLET WEST PURPOSE: SENIOR STEPS PROGRAM. | $35,000 |
CATHOLIC COMMUNITY SVCS OF UTAH PURPOSE: CATHOLIC COMMUNITY SERVICES BRIDGE THE GAP PROGRAM. | $25,000 |
UTAH FOOD BANK PURPOSE: ESSENTIAL FOOD DISTRIBUTION FOR FAMILIES IN NEED. | $275,000 |
SPY HOP PRODUCTIONS PURPOSE: EQUIPMENT AND TECHNOLOGY FOR SPY HOP'S YOUTH MEDIA ARTS CENTER. | $1,000 |
HABITAT FOR HUMANITY PURPOSE: TO HELP LOCAL LOW-INCOME FAMILIES HAVE A PLACE TO CALL HOME. | $2,000 |
THE GOOD SAMARITAN PROGRAM PURPOSE: TO PROVIDE ASSISTANCE TO THE POOR AND NEEDY OF OUR COMMUNITY 365 DAYS OF THE YEAR. | $1,000 |