Public Charity

THE JOHN LOCKE FOUNDATION INC

Based in RALEIGH, NC, THE JOHN LOCKE FOUNDATION INC operates as a Public Charity. The organization reported $5.4M in revenue, $5.4M in expenses, $4.8M in total assets for fiscal year 2025. Imperigo tracks 64 reported grant relationships connected to this organization totaling approximately $3.0M.

EIN: 561656943 RALEIGH, NC Latest filing: 2025
Total Revenue$5.4M
Total Expenses$5.4M
Total Assets$4.8M
Grant Records64
Funding Total$3.0M
Filing Years2021–2025

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.

Where $100 goes at The John Locke Foundation Inc

How The John Locke Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$81 Programs the work itself
$7 Management running the organization
$12 Fundraising raising the next dollar

Inside the $81 for programs

$24
Research
29% of program spending
$23
First in freedom
29% of program spending
$19
Carolina journal
24% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Bill Graham
EMPLOYEE Brian Balfour
BOARD MEMBER Chris Mele
BOARD MEMBER David Hogg
BOARD MEMBER David M Stover
CEO Donald Bryson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,823,649 33 grants
Education
$713,275 17 grants
Economic Development
$210,000 3 grants
Research & Policy
$100,000 1 grant
Arts & Culture
$29,600 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.4M $5.4M $4.8M
2024 $5.1M $5.6M $5.0M
2023 $5.9M $5.8M $5.7M
2022 $1.8M $5.2M $3.4M
2021 $6.5M $4.2M $6.7M

Between 2021 and 2025, reported annual revenue declined from $6.5M to $5.4M (-16%), with total assets most recently reported at $4.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE JOHN LOCKE FOUNDATION INC

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