Johnson & Johnson Foundation

Foundation · Grantmaker NEW BRUNSWICK, NJ EIN: 22-6062811

Johnson & Johnson Foundation is a private foundation, based in NEW BRUNSWICK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $249.6M in total assets. In 2024, it awarded 2 grants totaling $57.8M. Net investment income was $7.8M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$249.6M

+48.2% YoY

Annual Giving

$57.8M

+10.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$28.9M

+10.2% YoY

Under IRS private-foundation payout rules, Johnson & Johnson Foundation reported a distributable amount of $8.6M for 2024 — the minimum it must pay out in qualifying distributions.

About Johnson & Johnson Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $307.3M (100%)

States

New Jersey

Cities

See Attached

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$249,606,866	$168,420,660	$87,480,655
Revenue	$135,502,229	$133,714,672	$26,965,810
Expenses	$58,055,497	$52,937,019	$69,593,076
Qualifying Distributions	$57,796,344	$52,464,104	$68,570,428
Net Investment Income	$7,807,090	$3,581,740	—
Distributable Amount	$8,607,542	$5,451,372	$4,734,559

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Various - See Attached Matching Entities ($30,929,291), Various - See Attached Nonmatching ($26,867,053).

Recipient	Purpose	Amount
VARIOUS - SEE ATTACHED MATCHING ENTITIES SEE ATTACHED, NJ	CONTRIBUTIONS MATCHING CERTAIN CHARITABLE CONTRIBUTIONS OF EMPLOYEES OF JOHNSON & JOHNSON AND ITS AFFILIATED COMPANIES.	$30,929,291
VARIOUS - SEE ATTACHED NONMATCHING SEE ATTACHED, NJ	NON-MATCHING GRANTS TO OTHER CHARITABLE ORGANIZATIONS.	$26,867,053

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
HOWARD REID	PRESIDENT - TRUSTEE	1	—
Alice Lin Fabiano	VP - TRUSTEE (EFF 8/16/24)	1	—
Ami Patel	SECRETARY (EFF 6/4/24)	1	—
JESSICA MOORE	TREASURER - TRUSTEE	1	—
DIRK BRINCKMAN	TRUSTEE	1	—
Casey Murphy-Gerry	TRUSTEE	1	—
Lauren Moore	VP - TRUSTEE (TERM 1/30/24)	1	—
Daryl Todd	SEC. - trustee (TERM 4/4/24)	1	—

Frequently Asked Questions

How large is Johnson & Johnson Foundation?

As of 2024, Johnson & Johnson Foundation holds $249.6M in total assets with $135.5M in annual revenue. It awarded 2 grants totaling $57.8M in 2024.

Where does Johnson & Johnson Foundation operate?

Johnson & Johnson Foundation has awarded grants in New Jersey.

What size grants does Johnson & Johnson Foundation award?

In 2024, Johnson & Johnson Foundation awarded 2 grants totaling $57.8M — an average of about $28.9M per grant, based on its IRS Form 990 filings.

How much is Johnson & Johnson Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Johnson & Johnson Foundation reported a distributable amount of $8.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.