JOHN LOCKE FOUNDATION INC

RALEIGH, NC, 27609-5245 (919) 828-3876 EIN 56-1656943
990 - Public charity return 501(c)(3)
www.johnlocke.org

Mission

THE PURPOSE OF THE FOUNDATION IS TO CONDUCT RESEARCH, DISSEMINATE INFORMATION, AND ADVANCE PUBLIC UNDERSTANDING OF SOCIETY BASED ON THE PRINCIPLES OF INDIVIDUAL LIBERTY, THE VOLUNTARY EXCHANGES OF A FREE MARKET ECONOMY, AND LIMITED GOVERNMENT. THE FOUNDATION SHALL GIVE PRIORITY TO NORTH CAROLINA STATE PUBLIC POLICY ISSUES AND NATIONAL ISSUES AFFECTING NORTH CAROLINA.

Giving Portfolio

Total Grants
5
Total Giving
$86K
Recipients
5
Years Active
2022 - 2023
Avg grant: $16,417 Median: $12,750

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20233$61K $20K12
20222$25K $13K20

Top States

South Carolina
4
North Carolina
1

Top Grantees

CAROLINAS ACADEMIC LEADERSHIP NETWO
NC
$35K
PALMETTO PROMISE INSTITUTE
SC - 2 grants
$26K
SOUTH CAROLINA POLICY COUNCIL EDUCA
SC - 2 grants
$26K

Grants Awarded · 5 grants

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Financials

Total Revenue
$5,424,918
Total Expenses
$5,409,677
Net Assets
$2,485,215
46 employees
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
5.5 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 7.4%
Expenses ↓ 2.9%
Revenue Sources
Contributions 97.6% Investment 1.8% Other 1.0%
Expense Breakdown
Program 84.4% Management 3.1% Fundraising 12.5%

Officers & Trustees (16)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$5,424,918 ↑$5,409,677$2,485,215
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$5,051,424 ↓$5,571,462$2,495,970
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$5,892,883 ↑$5,815,432$3,022,448
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$1,794,897 ↓$5,153,263$2,961,650
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$6,465,466 ↑$4,159,599$6,286,870
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$3,413,515 ↓$3,379,235$3,986,065
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$3,728,543 $3,631,821$1,161,283

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EIN: 56-1656943 · Source: IRS Form 990 e-file data