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The Atlantic Foundation

Profile

Last Updated: 2016-05-11

At A Glance

The Atlantic Foundation

14 Fairgrounds Rd., Ste. A

Hamilton, NJ United States 08619-3447

Telephone: (609) 689-1040

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $101,091,179

Total giving: $13,347,151

EIN

226054882

BRIDGE Number

2467646913

Background

Incorporated in 1963 in NJ - During its early years of operation, the foundation contributed to a broad range of local charities including hospitals, secondary schools, and cultural institutions, as well as oceanographic and conservation projects. The Atlantic Foundation was created to fulfill the philanthropic vision of the Johnson family. Initially led by founder J. Seward Johnson, Sr., and since 1983 by his son J. Seward Johnson, Jr., the Foundation's support has centered on a smaller number of recipients selected by the Johnsons, with major funding allocated for the Harbor Branch Foundation, Inc., originally a private operating foundation in marine sciences research and ocean engineering projects and now the research division of Florida Atlantic University. The Atlantic Foundation now provides major support for arts and cultural organizations with an emphasis on the development of Grounds For Sculpture a sculpture park in Hamilton NJ and the worldwide public sculpture installations of The Sculpture Foundation.

Fields of Interest

Subjects
  • Arts and culture
  • Communication media
  • Education
  • Foundations
  • Information and Communications
  • Philanthropy
  • Public affairs
  • Science
  • Sculpture
  • Visual arts
Population Groups
  • Adults
  • Age Groups
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
Organizations
  • Supporting organizations (general)

Financial Data

Year ended 2014-12-31

Assets: $101,091,179 (market value)

Gifts received: $6,785,979

Expenditures: $16,555,804

Total giving: $13,347,151

Qualifying distributions: $14,989,047

Giving activities include:

$823,369 for 2 foundation-administered programs