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← JOHNSON CHARITABLE GIFT FUND

Form 990 for tax year 2023

Filed by JOHNSON CHARITABLE GIFT FUND.

Totals

Total revenue
$58,902,245
Total expenses
$41,123,552
Contributions and grants received
$49,135,692
Grants paid
$39,932,513
Program service revenue
$0
Investment income
$9,766,007
Other revenue
$546
Total assets, end of year
$327,284,242
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$327,284,242
Program services expenses (Part IX)
$39,932,513
Management and general expenses
$1,191,039
Fundraising expenses
$0
Program service expenses (Part III)
$39,932,513

Program services were 97.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $49,135,692

  • 1g · Noncash contributions included above

    $29,523,432

  • 3 · Investment income

    total $9,202,986 · related or exempt $369,606 · excluded $8,833,380

  • 7a · Gross sales of assets other than inventory

    securities $60,960,991

  • 7b · Less cost or other basis and sales expenses

    securities $60,397,970

  • 7c · Gain or loss

    securities $563,021

  • 7d · Net gain or loss

    total $563,021 · related or exempt $563,021

  • 11a · Other revenue: INCOME

    total $546 · related or exempt $546

  • 11e · Other revenue, total

    $546

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $39,932,513 · program services $39,932,513

  • 11b · Fees: legal

    total $37,741 · management and general $37,741

  • 11c · Fees: accounting

    total $24,200 · management and general $24,200

  • 11f · Fees: investment management

    total $355,384 · management and general $355,384

  • 13 · Office expenses

    total $669,367 · management and general $669,367

  • 23 · Insurance

    total $62,393 · management and general $62,393

  • 24a · Other expenses: CUSTODY FEES

    total $22,203 · management and general $22,203

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $15,456 · management and general $15,456

  • 24c · Other expenses: EDUCATION & TRAINING

    total $4,295 · management and general $4,295

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $630,368 · end of year $707,401

  • 2 · Savings and temporary cash investments

    beginning of year $29,764,846 · end of year $38,651,941

  • 11 · Investments: publicly traded securities

    beginning of year $240,069,736 · end of year $280,333,381

  • 12 · Investments: other securities

    beginning of year $49,451 · end of year $49,004

  • 13 · Investments: program-related

    beginning of year $7,172,909 · end of year $7,542,515

  • 27 · Net assets without donor restrictions

    beginning of year $214,229,540 · end of year $255,616,901

  • 28 · Net assets with donor restrictions

    beginning of year $63,457,770 · end of year $71,667,341

Mission and programs · 2023

Mission

PROMOTE AND SUPPORT PHILANTHROPY BY SIMPLIFYING CHARITABLE GIVING AND EDUCATING DONORS ON THE BENEFITS AND REWARDS OF CHARITABLE GIVING.

  • 270 DONORS PARTICIPATED IN THE FUND WHICH CONTRIBUTED TO 2,124 CHARITABLE ORGANIZATIONS.

    Expenses $39,932,513 · Grants $39,932,513

As filed on the 2023 return.

Listed in Part VII

  • TODD D BACON

    INDEPENDENT

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL D BARNES

    DIRECTOR, PR

    Total calculated
    $0
    Hours/week
    5

  • SCOTT J BISCHOFF

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    5

  • LOGAN A WIEDMANN

    SECRETARY

    Total calculated
    $0
    Hours/week
    40

  • REBECCA OTT

    INDEPENDENT

    Total calculated
    $0
    Hours/week
    1

  • HEATHER LETHANDER

    INDEPENDENT

    Total calculated
    $0
    Hours/week
    1

  • RONALD CHRISTIAN

    INDEPENDENT

    Total calculated
    $0
    Hours/week
    1

  • LISA R OLIVERIO

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • MARC E FIGGINS

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    5

  • MARY P BURNS

    VP & GIFT CO

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.0
Source object
202403209349319870

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