Charles Philip Johnston Foundation

PENNINGTON, NJ EIN: 30-6599045

Charles Philip Johnston Foundation is a private foundation, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 1 grants totaling $220K. Net investment income was $307K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.6M

+0.9% YoY

Annual Giving

$220K

-2.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$220K

-2.4% YoY

Under IRS private-foundation payout rules, Charles Philip Johnston Foundation reported a distributable amount of $289K for 2024 — the minimum it must pay out in qualifying distributions.

About Charles Philip Johnston Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $887K (100%)

States

North Carolina

Cities

Charlotte

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,629,344	$4,588,856	$4,639,679
Revenue	$337,591	$245,051	$206,989
Expenses	$297,116	$295,835	$327,082
Qualifying Distributions	$262,606	$263,681	$288,647
Net Investment Income	$306,518	$212,148	$177,050
Distributable Amount	$289,365	$258,271	$265,026

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Roman Catholic Diocese of Charlotte Nc ($219,911).

Recipient	Purpose	Amount
ROMAN CATHOLIC DIOCESE OF CHARLOTTE NC CHARLOTTE, NC	GENERAL OPERATING	$219,911

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	2	$71,158

Frequently Asked Questions

How large is Charles Philip Johnston Foundation?

As of 2024, Charles Philip Johnston Foundation holds $4.6M in total assets with $338K in annual revenue. It awarded 1 grants totaling $220K in 2024.

Where does Charles Philip Johnston Foundation operate?

Charles Philip Johnston Foundation has awarded grants in North Carolina.

What size grants does Charles Philip Johnston Foundation award?

In 2024, Charles Philip Johnston Foundation awarded 1 grants totaling $220K — an average of about $220K per grant, based on its IRS Form 990 filings.

How much is Charles Philip Johnston Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Philip Johnston Foundation reported a distributable amount of $289K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles Philip Johnston Foundation's EIN?

Charles Philip Johnston Foundation's EIN (Employer Identification Number) is 30-6599045. IRS Form 990 filing data is available on this page for 2021–2024.