Overview
What is The Lyndon Baines Johnson Foundation?
The Lyndon Baines Johnson Foundation is a non-profit organization based in Austin, Texas, with an address at 2313 Red River. Its primary mission is to manage and hold funds to support the operations of the LBJ Presidential Library & Museum and the LBJ School of Public Affairs, both situated at the University of Texas in Austin. The foundation contributes to various aspects of these institutions, including student activities, curriculum development, chair support, and seminars. With a team of 74 employees, this charitable institution advances knowledge and education, promoting the legacy of President Lyndon B. Johnson.
Official website here: www.lbjfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Lyndon Baines Johnson Foundation has achieved a perfect score of 100% on Charity Navigator, highlighting its exceptional accountability and financial management. This rating is based entirely on its performance in the Accountability & Finance beacon, showcasing the foundation's commitment to transparency and ethical practices in its operations.
The foundation exhibits strong governance practices, with a fully independent board consisting of 31 members. It has robust policies in place for conflict of interest, whistleblowing, and document retention, all contributing to its high rating. Additionally, the foundation demonstrates financial stability with a very low liabilities-to-assets ratio and an impressive program expense ratio of 86.60%, indicating that a significant majority of its funds go directly to its mission-related activities.
Despite the excellent ratings, it is important to maintain awareness that continuous improvement and transparency are key for any organization. The foundation’s financial efficiency is highlighted by a fundraising cost of only $0.05 per dollar raised, which further emphasizes its effective management of resources. Overall, the Lyndon Baines Johnson Foundation stands out as a well-managed nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is The Lyndon Baines Johnson Foundation legitimate?
The Lyndon Baines Johnson Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lyndon Baines Johnson Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $808,721
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,194,245
For more financial information, click here
Official website here: www.lbjfoundation.org
What is the mission statement of The Lyndon Baines Johnson Foundation?
The Lyndon Baines Johnson Foundation serves a charitable purpose by managing and holding funds to support the operations of the LBJ Presidential Library and Museum and the LBJ School of Public Affairs at a reputable university. Its mission is geared towards fostering the growth and development of these educational institutions. The foundation allocates funds to various areas within the LBJ School of Public Affairs, including student activities, curriculum enhancement, chair support, and seminars, although the exact benefits are not determinable.
Official website here: www.lbjfoundation.org
Who is the CEO of The Lyndon Baines Johnson Foundation?
Larry Temple is the Principal Officer of The Lyndon Baines Johnson Foundation. The CEO's salary of The Lyndon Baines Johnson Foundation is $436,817 and their total compensation is $463,026.
Official website here: www.lbjfoundation.org
What is the revenue of The Lyndon Baines Johnson Foundation?
The Lyndon Baines Johnson Foundation's revenue in 2022 was $12,704,612.
Official website here: www.lbjfoundation.org
Who are the executives of The Lyndon Baines Johnson Foundation and what are their salaries?
The average compensation at The Lyndon Baines Johnson Foundation during 2022 was $27,067. There are 74 employees and 82 volunteers at The Lyndon Baines Johnson Foundation.
Here are 35 key members and their salaries (The Lyndon Baines Johnson Foundation's CEO's salary is $436,817 and their total compensation is $463,026):
- Compensation: $436,817
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- Other: $26,209
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- Compensation: $98,441
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- Other: $5,906
- Compensation: $120,540
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- Other: $7,232
- Compensation: $130,000
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Official website here: www.lbjfoundation.org
Where can I find the form 990 for The Lyndon Baines Johnson Foundation?
The Lyndon Baines Johnson Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lbjfoundation.org
Learn more at the official website: www.lbjfoundation.org
Mission Statement of The Lyndon Baines Johnson Foundation
The Lyndon Baines Johnson Foundation serves a crucial role in managing and holding funds to support the operations of the LBJ Presidential Library & Museum and the LBJ School of Public Affairs located at the University of Texas Austin. Established with a charitable, religious, scientific, literary, or educational mission, the Foundation is dedicated to ensuring the continued success of these esteemed institutions.
The LBJ Foundation's primary objective is to allocate resources to student activities, curriculum & chair support, and seminars within the LBJ School of Public Affairs at the University of Texas Austin. By doing so, it empowers students to gain valuable knowledge and skills necessary for making a positive impact in public affairs. Furthermore, the Foundation plays a vital role in enhancing the academic experience by contributing to the school's curriculum and providing essential support for faculty chairs.
Moreover, the Foundation's commitment extends to sponsoring seminars that foster intellectual discourse and bring together experts, scholars, and community leaders to explore various issues related to public affairs. Through these initiatives, the LBJ Foundation helps to foster a vibrant and engaged community of scholars and professionals at the University of Texas Austin, contributing to the advancement of knowledge and the betterment of society.
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Impact
October, 2024
The Lyndon Baines Johnson Foundation significantly contributes to the educational landscape by managing and allocating funds for the operations of the LBJ Presidential Library & Museum and the LBJ School of Public Affairs at the University of Texas at Austin. This support enables a variety of student activities, enhances curriculum offerings, provides chair support, and organizes seminars, fostering a rich learning environment for students and scholars alike. Through its initiatives, the foundation not only preserves the legacy of President Johnson but also actively promotes public policy education and community engagement, making a lasting impact on future leaders and the broader society.
This information is meant to be a general summary of The Lyndon Baines Johnson Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11,448,829
- Program Service Revenue: $557,344
- Gross Receipts: $13,022,767
Assets and Liabilities:
- Total Assets: $248,066,414
- Total Liabilities: $48,560
- Net Assets: $248,017,854
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSEUM ADMISSIONS
Revenue
$557,344
Organization Details
Founding Year
1969
Phone
(512) 478-7829Principal Officer
Larry Temple
Main Address
2313 RED RIVER, AUSTIN, TX, 78705
Website
www.lbjfoundation.orgNTEE Category
Code: B124 - Education
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