Rc Johnson Jr Foundation Inc

LUBBOCK, TX EIN: 75-2954057

Rc Johnson Jr Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 15 grants totaling $225K. Net investment income was $252K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.5M

-1.5% YoY

Annual Giving

$225K

-2.0% YoY

Grant Count

15

+25.0% YoY

Avg Grant Size

$15K

-21.6% YoY

Under IRS private-foundation payout rules, Rc Johnson Jr Foundation Inc reported a distributable amount of $212K for 2024 — the minimum it must pay out in qualifying distributions.

About Rc Johnson Jr Foundation Inc

Based on IRS filings

Rc Johnson Jr Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 15 grants totaling $225K. Net investment income was $252K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AustinBooneHelotesLevellandLubbockMemphisRio HondoSan FranciscoSanta FeSilvertonSlatonSurpriseWilmingtonWolfforth

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$197K$393K$590K$786K20202021202220232024
Metric202420232022
Total Assets$3,483,457$3,535,780$3,653,190
Revenue$345,592$298,815$231,596
Expenses$398,806$407,680$397,310
Qualifying Distributions$305,281$312,411$307,351
Net Investment Income$252,067$199,914$141,637
Distributable Amount$211,508$200,800$225,702

Giving Over Time

Total grant dollars and number of grants per year

$0$57K$115K$172K$230K13 grants202012 grants20219 grants202212 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN CANCER SOCIETY$60KUMC CHILDRENS MIRACLE NE…$35KTEXAS TECH FOUNDATION$25KSPIRIT OF BOLDNESS$20KA PLACE TO CALL HOME$17KREESE'S PURPOSE$15KSAMARITAN'S PURSE$10KSOUTH PLAINS FOOD BANK$10KLUBBOCK IMPACT$8KHEART SUPPORT INC$8K

Grant Size Distribution

61 grants across all recorded years

56<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Cancer Society ($60,056), Umc Childrens Miracle Network ($34,835), Texas Tech Foundation ($25,000).

RecipientPurposeAmount
SAMARITAN'S PURSE BOONE, NCGENERAL PURPOSE$10,000
UMC CHILDRENS MIRACLE NETWORK LUBBOCK, TXGENERAL PURPOSE$34,835
AMERICAN CANCER SOCIETY LUBBOCK, TXGENERAL PURPOSE$60,056
TEXAS TECH FOUNDATION LUBBOCK, TXGENERAL PURPOSE$25,000
HEART SUPPORT INC AUSTIN, TXGENERAL PURPOSE$7,500
SPIRIT OF BOLDNESS LUBBOCK, TXGENERAL PURPOSE$20,000
WOODROW FIRE DEPARTMENT LUBBOCK, TXGENERAL PURPOSE$5,000
SAN JUAN MOUNTAIN ADVENTURES SILVERTON, COGENERAL PURPOSE$5,000
PRESBYTERIAN CHILDREN'S HOMES AND S AUSTIN, TXGENERAL PURPOSE$5,000
A PLACE TO CALL HOME WOLFFORTH, TXGENERAL PURPOSE$16,880

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JEREMY VELASQUEZSECRETARY$32KJUSTIN VELASQUEZTREASURER$32KJAN JOHNSONPRESIDENT$18KKATHY JOHNSON HURLEYVICE PRESIDE$6K

From 2024 filing

NameTitleHoursCompensation
JAN JOHNSONPRESIDENT4$18,000
KATHY JOHNSON HURLEYVICE PRESIDE4$6,000
JEREMY VELASQUEZSECRETARY4$32,400
JUSTIN VELASQUEZTREASURER4$32,400

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Rc Johnson Jr Foundation Inc?

Rc Johnson Jr Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. It holds $3.5M in total assets as of 2024.

How large is Rc Johnson Jr Foundation Inc?

As of 2024, Rc Johnson Jr Foundation Inc holds $3.5M in total assets with $346K in annual revenue. It awarded 15 grants totaling $225K in 2024.

Where does Rc Johnson Jr Foundation Inc operate?

Rc Johnson Jr Foundation Inc has awarded grants in Arizona, California, Colorado, North Carolina, New Mexico, Tennessee, Texas.

What size grants does Rc Johnson Jr Foundation Inc award?

In 2024, Rc Johnson Jr Foundation Inc awarded 15 grants totaling $225K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Rc Johnson Jr Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rc Johnson Jr Foundation Inc reported a distributable amount of $212K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rc Johnson Jr Foundation Inc's EIN?

Rc Johnson Jr Foundation Inc's EIN (Employer Identification Number) is 75-2954057. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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