Willard & Ruth Johnson Charitable Foundation
- Assets
- $23.8m
- Revenue
- $2.7m
- Investments
- $23.0m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/1993
- Data as of
- 12/2022
- EIN
- 76-0386599
Organization Overview
Willard & Ruth Johnson Charitable Foundation is located in Houston, TX. The organization was established in 1993. 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. Willard & Ruth Johnson Charitable 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, Willard & Ruth Johnson Charitable Foundation generated $2.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 8 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 2014, Willard & Ruth Johnson Charitable Foundation has awarded 539 individual grants totaling $11,864,340. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Johnson Vice President | 1 | $0 | |
John W Johnson President | 2 | $0 | |
Christopher B Johnson Secretary | 2 | $0 | |
Steven J Lindley Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $54,160 |
| Dividends & Interest | $523,499 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,138,091 |
| Capital Gain Net Income | $2,138,091 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,715,750 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,080 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,078 |
| Total operating and administrative expenses | $270,150 |
| Contributions, gifts, grants paid | $2,000,250 |
| Total expenses and disbursements | $2,270,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $773,786 |
| 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 | $787,403 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,754,017 |
| 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, Willard & Ruth Johnson Charitable Foundation has awarded $2,000,250 in support to 73 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEY THEATRE PURPOSE: GENERAL SUPPORT | $750 |
BOY SCOUTS OF AMERICA PURPOSE: GENERAL SUPPORT | $250 |
BROOKWOOD COMMUNITY PURPOSE: GENERAL SUPPORT | $25,000 |
AVON OLD FARMS SCHOOL PURPOSE: GENERAL SUPPORT | $50,000 |
BREAKTHROUGH HOUSTON PURPOSE: GENERAL SUPPORT | $2,500 |
CAESAR KLEBERG WILDLIFE RESEARCH INSITUTUTE PURPOSE: GENERAL SUPPORT | $25,000 |