C Richard Johnson & Verna Louise
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$6.1M
+2.6% YoY
Annual Giving
$496K
+7.1% YoY
Grant Count
38
-2.6% YoY
Avg Grant Size
$13K
+9.9% YoY
Mission & Focus Areas
The foundation's stated purpose includes support for museums, zoos, planetariums, and similar cultural institutions. Beyond this, the foundation supports charitable contributions and scholarships. The foundation does not respond to unsolicited applications for funding.
Grantmaking
The foundation demonstrates consistent grantmaking activity with recent grants including:
Grant Range
of $10,000 and maximum grant of $60,000. Total giving in fiscal year 2024 was $463,416.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (June 2025):
- Total Assets: $6,117,716
- Total Revenues: $745,216
- Total Expenses: $587,720
- Investment Income and Dividends: $213,323
Prior Year (June 2024):
- Total Assets: $5,960,220
- Total Giving: $463,416
- Income: $369,177
The foundation maintains zero liabilities and generates income primarily through investment returns rather than contributions.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $6,117,716 | $5,960,220 | $6,128,614 |
| Revenue | $745,216 | $369,177 | $431,415 |
| Expenses | $587,720 | $537,571 | $494,945 |
| Qualifying Distributions | $499,398 | $466,320 | $425,041 |
| Net Investment Income | $426,230 | $310,082 | $288,908 |
| Distributable Amount | $502,668 | $463,373 | $421,678 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
175 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's leadership includes:
- Kenneth R Schaaf, President (5 hours/week, $17,000 compensation)
- Troy L Huffman, Treasurer (10 hours/week, $31,000 compensation)
- Tony Aylsworth, Secretary (5 hours/week, $17,000 compensation)
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH R SCHAAF | PRESIDENT | 2 | $20,000 |
| TROY L HUFFMAN | TREASURER | 10 | $40,000 |
| TONY AYLSWORTH | SECRETARY | 2 | $20,000 |
Subject Areas
Focus areas based on grantmaking activity
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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