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 59 reported grant relationships connected to this organization totaling approximately $2.8M.

EIN: 561656943 RALEIGH, NC Latest filing: 2025
Total Revenue$5.4M
Total Expenses$5.4M
Total Assets$4.8M
Grant Records59
Funding Total$2.8M
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.

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

TRANSFER PROJECTS
$800,000 1 grant
for general operations
$399,350 4 grants
EDUCATION
$223,575 8 grants
for work with the Association of Carolina School Board Members
$200,000 1 grant
ECONOMIC FREEDOM RESEARCH
$200,000 2 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.

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