The Johnson Foundation Inc

KNOXVILLE, TN EIN: 58-1767548

The Johnson Foundation Inc is a private foundation, based in KNOXVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 1 grants totaling $50K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

-5.7% YoY

Annual Giving

$50K

Grant Count

Avg Grant Size

$50K

Under IRS private-foundation payout rules, The Johnson Foundation Inc reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.

About The Johnson Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $50K (100%)

States

Tennessee

Cities

Knoxville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,777,951	$2,946,233	$3,046,967
Revenue	$100,272	$71,918	$46,851
Expenses	$111,027	$61,759	$63,424
Qualifying Distributions	$111,027	$61,759	$63,424
Net Investment Income	—	$10,159	—
Distributable Amount	$55,996	$47,512	$46,234

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

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Johnson University ($50,000).

Recipient	Purpose	Amount
JOHNSON UNIVERSITY KNOXVILLE, TN	OPERATIONS OF UNIVERSITY	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
L THOMAS SMITH JR	PRESIDENT	2	—
PAUL T COLEMAN	SECRETARY AND DIRECTOR	2	—
LINDA REID	TREASURER	2	—
RICHARD CLARK	DIRECTOR	2	—
PHILIP A EUBANKS	DIRECTOR	2	—
RICHARD E WOODS	DIRECTOR	2	—

Frequently Asked Questions

How large is The Johnson Foundation Inc?

As of 2024, The Johnson Foundation Inc holds $2.8M in total assets with $100K in annual revenue. It awarded 1 grants totaling $50K in 2024.

Where does The Johnson Foundation Inc operate?

The Johnson Foundation Inc has awarded grants in Tennessee.

What size grants does The Johnson Foundation Inc award?

In 2024, The Johnson Foundation Inc awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Johnson Foundation Inc reported a distributable amount of $56K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.