Erik F Johnsen Family Foundation
- Assets
- $517.8k
- Revenue
- $19.7k
- Investments
- $501.9k
- Employees
- 0
- Location
- Destrehan, LA
- Founding
- 05/1992
- Data as of
- 12/2023
- EIN
- 72-6141972
Organization Overview
Erik F Johnsen Family Foundation is located in Destrehan, LA. The organization was established in 1992. 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. Erik F Johnsen 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 12/2023, Erik F Johnsen Family Foundation generated $19.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $62.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Erik F Johnsen Family Foundation has awarded 23 individual grants totaling $425,135. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $45 |
| Dividends & Interest | $8,178 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,519 |
| Capital Gain Net Income | $11,519 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,742 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $124 |
| Total operating and administrative expenses | $12,124 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $62,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,694 |
| Savings and temporary cash investments | $12,282 |
| 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 | $517,849 |
| 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, Erik F Johnsen Family Foundation has awarded $123,125 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
LOUSIANA SHERIFFS HONORARY MEMBERSH PURPOSE: TO HELP IMPROVE RELIGIOUS AND PHYSICAL ENVIRONMENT | $25 |
NEW ORLEANS OPERA PURPOSE: TO HELP IMPROVE RELIGIOUS AND PHYSICAL ENVIRONMENT | $20,000 |
NATIONAL WWII MUSEUM PURPOSE: TO HELP IMPROVE RELIGIOUS AND PHYSICAL ENVIRONMENT | $10,000 |
SOCIETY OF COLONIAL WARS LOUISIANA PURPOSE: TO HELP IMPROVE RELIGIOUS AND PHYSICAL ENVIRONMENT | $100 |
TULANE CANCER CENTER NOLA BLUEDOO PURPOSE: TO HELP IMPROVE RELIGIOUS AND PHYSICAL ENVIRONMENT | $10,000 |
PRO BONO PUBLICO FOUNDATION PURPOSE: TO HELP IMPROVE RELIGIOUS AND PHYSCIAL ENVIRONMENT | $3,000 |