Larry and Michael Johnson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLOWOOD, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 15 grants totaling $282K. Net investment income was $260K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
+5.3% YoY
Annual Giving
$282K
+8.5% YoY
Grant Count
15
+15.4% YoY
Avg Grant Size
$19K
-6.0% YoY
Under IRS private-foundation payout rules, Larry and Michael Johnson reported a distributable amount of $250K for 2024 — the minimum it must pay out in qualifying distributions.
About Larry and Michael Johnson
Based on IRS filings
Larry and Michael Johnson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLOWOOD, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 15 grants totaling $282K. Net investment income was $260K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,307,852 | $5,039,391 | $4,664,061 |
| Revenue | $287,104 | $128,409 | $209,760 |
| Expenses | $307,486 | $291,112 | $319,663 |
| Qualifying Distributions | $282,000 | $260,000 | $290,200 |
| Net Investment Income | $260,118 | $97,297 | $180,297 |
| Distributable Amount | $250,430 | $230,818 | $246,696 |
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 2024
Grant Size Distribution
72 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Canopy Ms Children's Home Services ($50,000), Southern Christian Services for Christ ($50,000), Make-a-wish Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FRIENDS OF CHILDREN'S HOSPITAL FLOWOOD, MS | SUPPORT PURPOSE OF ORGANIZATION | $10,000 |
| CANOPY MS CHILDREN'S HOME SERVICES JACKSON, MS | SUPPORT PURPOSE OF ORGANIZATION | $50,000 |
| GALLOWAY UNITED METHODIST CHURCH JACKSON, MS | SUPPORT PURPOSE OF ORGANIZATION | $5,000 |
| STEWPOT COMMUNITY SERVICES JACKSON, MS | SUPPORT PURPOSE OF ORGANIZATION | $10,000 |
| UNIVERSITY OF MS BUSINESS CHAIR JACKSON, MS | SUPPORT PURPOSE OF ORGANIZATION | $40,000 |
| ANIMAL RESCUE FUND OF MISSISSIPPI JACKSON, MS | SUPPORT PURPOSE OF ORGANIZATION | $5,000 |
| MS CHILDREN'S MUSEUM JACKSON, MS | SUPPORT PURPOSE OF ORGANIZATION | $25,000 |
| MIND CENTER JACKSON, MS | SUPPORT PURPOSE OF ORGANIZATION | $10,000 |
| HABITAT FOR HUMANITY MISSISSIPPI CAPITAL AREA JACKSON, MS | SUPPORT PURPOSE OF ORGANIZATION | $10,000 |
| SOUTHERN CHRISTIAN SERVICES FOR CHRIST JACKSON, MS | SUPPORT PURPOSE OF ORGANIZATION | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL E JOHNSON | TRUSTEE | 0.5 | — |
| LC CHERAMIE | TRUSTEE | 0.5 | — |
| BINFORD WILLIAMS | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Larry and Michael Johnson?
Larry and Michael Johnson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLOWOOD, MS. It holds $5.3M in total assets as of 2024.
How large is Larry and Michael Johnson?
As of 2024, Larry and Michael Johnson holds $5.3M in total assets with $287K in annual revenue. It awarded 15 grants totaling $282K in 2024.
Where does Larry and Michael Johnson operate?
Larry and Michael Johnson has awarded grants in Mississippi, North Carolina.
What size grants does Larry and Michael Johnson award?
In 2024, Larry and Michael Johnson awarded 15 grants totaling $282K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Larry and Michael Johnson required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Larry and Michael Johnson reported a distributable amount of $250K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Larry and Michael Johnson's EIN?
Larry and Michael Johnson's EIN (Employer Identification Number) is 20-7182838. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Larry and Michael Johnson's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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