R C Johnson Jr Foundation Inc

Organization Overview

R C Johnson Jr Foundation Inc is located in Lubbock, TX. The organization was established in 2001. 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. R C Johnson Jr Foundation Inc 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 12/2021, R C Johnson Jr Foundation Inc generated $714.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $407.1k during the year ending 12/2021. While expenses have increased by 9.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, R C Johnson Jr Foundation Inc has awarded 52 individual grants totaling $857,351. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE (FOUNDATION'S SOLE ACTIVITY IS MAKING GRANTS TO EXEMPT ORGANIZATIONS)


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $9,750
Dividends & Interest $95,256
Net Rental Income$0
Net Gain on Sale of Assets $609,821
Capital Gain Net Income $609,821
Net ST Capital Gain $414
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $714,827

Grants Awarded

Over the last fiscal year, R C Johnson Jr Foundation Inc has awarded $229,788 in support to 12 organizations.

Grant RecipientAmount

Slaton, TX

PURPOSE: GENERAL PURPOSE

$50,653

CASA OF THE SOUTH PLAINS

PURPOSE: GENERAL PURPOSE

$40,000

FREEDOM IN JESUS

PURPOSE: GENERAL PURPOSE

$40,000

SAMARITAN'S PURSE

Org PageRecipient Profile

Boone, NC

PURPOSE: GENERAL PURPOSE

$25,000

TEXAS TECH FOUNDATION

Org PageRecipient Profile

Lubbock, TX

PURPOSE: GENERAL PURPOSE

$17,500

CHILDREN'S HOME OF LUBBOCK

PURPOSE: GENERAL PURPOSE

$15,000
View Grant Profile

Peer Organizations

Organization NameAssets
Brown Foundation Inc
Houston, TX
$115,841,262
Moody Foundation
Galveston, TX
$132,742,251
Alice L Walton Foundation
Bentonville, AR
$449,327,995
Edward N And Della L Thome Memorial Foundation
Dallas, TX
$21,555,807
Burnett Foundation
Fort Worth, TX
$2,811,908
Jesus Fund
Little Rock, AR
$128,635,887
Rapier Family Foundation
San Antonio, TX
$1,321,420
Dan L Duncan Family Foundation
Houston, TX
$27,292,814
Fmh Foundation
Midland, TX
$148,706,487
Inasmuch Foundation
Oklahoma City, OK
$49,887,073
Ting Tsung And Wei Fong Chao Foundation
Houston, TX
$21,447,473
William K Warren Foundation
Tulsa, OK
$38,179,587

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