Peggy and Eric Johnson Foundation
EIN 831686173About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $1,410,000. This amount represents 25% or more of the Foundation's net assets of $1,045,795 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $3.4M | $1.0M | $3.3M | 7 |
| 2021 | $1.4M | $722K | $1.2M | 4 |
| 2022 | $60K | $541K | $28K | 2 |
| 2023 | N/A | $655K | $22K | N/A |
Grant Size Distribution
Based on 13 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (13 total)
| Purpose | ||||
|---|---|---|---|---|
| Campanile Foundation | San Diego, CA | $3,100,000 | The Fred Harris Endowed Chair in Digital Signal Processing | 2020 |
| Lowell Observatory | Flagstaff, AZ | $1,250,000 | 1M Peggy and Eric Johnson Telescope | 2021 |
| Aspen Valley Hospital Foundation | Aspen, CO | $100,000 | General & Unrestricted | 2020 |
| Harvey Mudd College | Claremont, CA | $100,000 | Engineering Department Program | 2020 |
| Karen Wyckoff Rein in Sarcoma | Fridley, MN | $100,000 | Kasey Altman Research Fund | 2021 |
| Bishops School | La Jolla, CA | $97,250 | Fred and Martha LeBrun Scholarship Fund | 2020 |
| U C San Diego Foundation | La Jolla, CA | $50,000 | Jacobs School of Engineering Programmic Expansion fund | 2021 |
| Pioneers Healthcare Foundation Inc | Meeker, CO | $50,000 | General & Unrestricted | 2022 |
| President-Board of Trustees Santa Clara College - | Santa Clara, CA | $25,000 | Eric and Peggy Johnson Scholarship Fund in Engineering and Computer Science | 2020 |
| Aspen Community Foundation | Basalt, CO | $10,000 | COVID-19 Regional Response Fund | 2020 |
| Lowell Observatory | Flagstaff, AZ | $10,000 | General & Unrestricted | 2021 |
| Overlake School | Redmond, WA | $10,000 | General & Unrestricted | 2022 |
| U C San Diego Foundation | La Jolla, CA | $2,500 | Electrical and Computer Engineering Summer Research Internship Program | 2020 |