NonprofitsJohn Locke Foundation Inc

John Locke Foundation Inc

RALEIGH, NC

Total revenue

$5.4M

Total expenses

$5.4M

Net assets

$2.5M

Grants received

$15.2M

137 grants

EIN

561656943

Tax year

2024

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.

Programs

3 programs

Communications - the organization's mission and objectives is supported through mediums such as the locke website, social media platforms, and email. The communications infrastructure also includes a state-of-the-art studio designed for creating sound and video content.

Expenses: $821K

Carolina journal - carolina journal offers daily commentary and analysis of north carolina politics and policy and is a leader in investigative journalism in the state. The outfit maintains a news media structure that includes print, digital, and radio and reaches markets state-wide.

Expenses: $1.1M

First in freedom - this is a robust program area that encompasses the foundation's outreach efforts, including but not limited to: leadership programs such as the ea morris fellowship and internship program, both intended to train a new generation of leaders using free-market ideas; grassroots outreach: an effort to identify, recruit and engage grassroots leaders throughout the state; government affairs: educates elected officials and community leaders about limited government policies at the state level; as well as events such as the carolina liberty conference.

Expenses: $1.3M

Financials

FY 2024

Revenue

Contributions & grants$5.3M
Program service revenue
Investment income$100K
Other revenue$32K
Total revenue$5.4M

Expenses

Grants paid
Salaries & benefits$3.3M
Fundraising$675K
Other expenses$2.1M
Total expenses$5.4M
Total assets$4.8M
Net assets$2.5M

People

16 listed

NameRoleCompensation

DONALD BRYSON

CEO

Board

$209K

40 hrs/wk

JULIE EMMONS

BOARD MEMBER

Board

BILL GRAHAM

BOARD MEMBER

Board

DAVID HOGG

BOARD MEMBER

Board

JOHN HOOD

BOARD MEMBER

Board

TED HICKS II

BOARD MEMBER

Board

CHRIS MELE

BOARD MEMBER

Board

RODNEY PITTS

BOARD MEMBER

Board

PAUL SLOBODIAN

BOARD MEMBER

Board

PAUL STAM

BOARD MEMBER

Board

DAVID M STOVER

BOARD MEMBER

Board

EDWIN M THOMAS

BOARD MEMBER

Board

MICHAEL HARDEN

EMPLOYEE

Staff

$173K

40 hrs/wk

BRIAN BALFOUR

EMPLOYEE

Staff

$116K

40 hrs/wk

JON SANDERS

EMPLOYEE

Staff

$110K

40 hrs/wk

DONNA KING

EMPLOYEE

Staff

$107K

40 hrs/wk

Grants received

Showing 137 of 137

FromAmountPurposeYear
$126K
for general operations
2024
$100K
INNOVATION PRIZE
2024
$50K
CHARITABLE GIFT
2024
$50K
To support the First in Freedom project
2024
$45K
Economic Education
2024
$20K
GENERAL OPERATION SUPPORT
2024
$15K
general support
2024
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$1K
CONTRIBUTION
2024
$200K
for work with the Association of Carolina School Board Members
2023
$150K
RESTRICTED - $150,000 FOR SOWING RESILIENCE PROJECT
2023
$53K
To support a 2022 Bradley Freedom Grant
2023
$50K
for general operations
2023
$45K
GENERAL OPERATING
2023
$40K
Operational Support
2023
$24K
For grant recipient's exempt purposes
2023
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$15K
general support
2023
$13K
To provide general support (charitable)
2023
$11K
CHILDREN'S SERVICES
2023
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$3K
ADVERTISING AT CONFERENCE - SPONSORSHIP
2023
$3K
CHARITABLE-GENERAL SUPPORT
2023
$2K
For Operating Funds
2023
$1K
GENERAL OPERATING FUND
2023
$700
Unrestricted, Educational
2023
$500
OPERATIONS
2023
$400
Program Support
2023
$25
UNRESTRICTED
2023
$331K
UNRESTRICTED - APRIL 2023
2022
$331K
UNRESTRICTED - MAY 2023
2022
$331K
UNRESTRICTED - MARCH 2023
2022
$331K
UNRESTRICTED - FEBRUARY 2023
2022
$331K
UNRESTRICTED - JAN 2023
2022
$331K
UNRESTRICTED - SEPT 2022
2022
$331K
UNRESTRICTED - AUGUST 2022
2022
$331K
UNRESTRICTED - JULY 2022
2022
$331K
UNRESTRICTED - DEC 2022
2022
$331K
UNRESTRICTED - NOV 2022
2022
$331K
UNRESTRICTED - OCT 2022
2022
$331K
UNRESTRICTED - JUNE 2023
2022
$103K
for general operations
2022
$100K
To support a 2021 Bradley Freedom Grant
2022
$90K
RESTRICTED - CIVIC ENGAGEMENT PROJECT
2022
$90K
RESTRICTED - CIVIC ENGAGEMENT PROJECT
2022
$90K
RESTRICTED - CIVIC ENGAGEMENT PROJECT
2022
$90K
RESTRICTED - CIVIC ENGAGEMENT PROJECT
2022
$80K
GENERAL OPERATING
2022
$55K
Economic Education
2022
$50K
RESTRICTED - EA MORRIS PROGRAM
2022
$15K
Program Support
2022
$15K
To provide general support (charitable)
2022
$15K
For grant recipient's exempt purposes
2022
$9K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$1K
CHARITABLE-GENERAL SUPPORT
2022
$1K
GENERAL OPERATING FUND
2022
$750
CONTRIBUTION
2022
$700
Unrestricted, Educational
2022
$25
UNRESTRICTED
2022
$327K
UNRESTRICTED - MAY 2022
2021
$327K
UNRESTRICTED - NOV 2021
2021
$327K
UNRESTRICTED - DEC 2021
2021
$327K
UNRESTRICTED - JAN 2022
2021
$327K
UNRESTRICTED - FEB 2022
2021
$327K
UNRESTRICTED - MARCH 2022
2021
$327K
UNRESTRICTED - APRIL 2022
2021
$327K
UNRESTRICTED - JUNE 2022
2021
$327K
UNRESTRICTED - JULY 2021
2021
$327K
UNRESTRICTED - AUGUST 2021
2021
$327K
UNRESTRICTED - SEPT 2021
2021
$327K
UNRESTRICTED - OCT 2021
2021
$150K
ECONOMIC FREEDOM RESEARCH
2021
$24K
For grant recipient's exempt purposes
2021
$24K
For grant recipient's exempt purposes
2021
$10K
For recipient's exempt purpose
2021
$1K
GENERAL OPERATING FUND
2021
$500
Unrestricted, Educational
2021
$25
EDUCATIONAL AND CHARITABLE
2021
$800K
TRANSFER PROJECTS
2020
$327K
GENERAL OPERATING EXPENSES
2020
$327K
GENERAL OPERATING EXPENSES
2020
$327K
GENERAL OPERATING EXPENSES
2020
$327K
GENERAL OPERATING EXPENSES
2020
$327K
GENERAL OPERATING EXPENSES
2020
$327K
GENERAL OPERATING EXPENSES
2020
$229K
GENERAL OPERATING EXPENSES
2020
$229K
GENERAL OPERATING EXPENSES
2020
$229K
GENERAL OPERATING EXPENSES
2020
$229K
GENERAL OPERATING EXPENSES
2020
$229K
GENERAL OPERATING EXPENSES
2020
$229K
GENERAL OPERATING EXPENSES
2020
$120K
for general operations
2020
$77K
To support a 2020 Bradley Freedom Grant
2020
$50K
RESTRICTED - E.A. MORRIS PROGRAM
2020
$50K
ECONOMIC FREEDOM RESEARCH
2020
$36K
For grant recipient's exempt purposes
2020
$35K
Economic education
2020
$30K
RESTRICTED - INFRASTRUCTURE AND ENERGY STUDY
2020
$25K
GENERAL OPERATING BUDGET
2020
$17K
RESTRICTED - 2 ALEC TASK FORCE MEMBERSHIPS
2020
$15K
THE JOHN LOCKE FOUNDATION WILL ADVISE R STREET ON A STRATEGY FOR THE 2019 NORTH CAROLINA LEGISLATIVE SESSION, DURING WHICH PROPERTY INSURANCE REFORM MAY BE A MORE POPULAR LEGISLATIVE VEHICLE THAN AUTO INSURANCE REFORM. TOGETHER, THE FOUNDATION AND THE INSTITUTE WILL PREPARE A PRE-SESSION STRATEGY FOR LEGISLATION TO ADDRESS THE MASSIVE GROWTH IN RECENT YEARS OF BOTH THE BEACH PLAN AND THE FAIR PLAN.
2020
$10K
To provide general support (charitable)
2020
$9K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$8K
For Operating Funds
2020
$3K
CHARITABLE
2020
$1K
GENERAL OPERATING FUND
2020
$250
CONTRIBUTION
2020
$100
EMPLOYEE MATCHING GIFTS
2020
$100
Unrestricted, Educational
2020
$50
EDUCATIONAL AND CHARITABLE
2020
$30
general purpose
2020
$10K
For grant recipient's exempt purposes
2019
$3K
CHARITABLE
2019
$15K
CONSULTING FOR FINANCE, INSURANCE AND TRADE TEAM ON LOCAL, STATE AND NATIONAL ISSUES
2018
$10K
To provide general support (charitable)
2018
$3K
CHARITABLE
2018

Funded by

$15.2M from 37 funders · 137 grants · 2017–2024

John William Pope Foundation

$11.7M · 44 grants · 2020–2022

Civitas Institute Inc

$800K · 1 grant · 2020

Donors Trust Inc

$599K · 5 grants · 2020–2024

Beth And Ravenel Curry Foundation

$450K · 3 grants · 2021–2023

State Policy Network

$325K · 4 grants · 2020–2023

The Lynde and Harry Bradley Foundation Inc

$279K · 4 grants · 2020–2024

Donor Advised Charitable Giving Inc

$195K · 7 grants · 2017–2023

Atlas Economic Research Foundation

$150K · 4 grants · 2020–2024

Details

EIN561656943
Subsection03
Ruling date1990-02
Employees46
JOHN LOCKE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo