# The Johnson Scholarship Foundation

The Johnson Scholarship Foundation is an Endowment / Foundation based in West Palm Beach, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** West Palm Beach, United States
- **Region:** North America
- **Address:** West Palm Beach, Florida, United States
- **Founded:** 1991
- **Assets under management:** Undisclosed
- **Website:** jsf.bz
- **LinkedIn:** https://www.linkedin.com/company/johnson-scholarship-foundation

## Regulatory record

- **Reports private funds:** No

## About

Theodore R. and Vivian M. Johnson established this West Palm Beach foundation in 1991, converting a fortune built at United Parcel Service into a dedicated education vehicle. Theodore, a former Vice President of Labor Relations at UPS, structured the foundation to run in perpetuity with a dual focus: a scholarship program for children of UPS employees in Florida and broader initiatives for underserved student populations. While the firm does not publicly disclose its portfolio breakdown, the foundation deploys capital across a wide strategy mandate that spans buyout, venture, distressed debt, natural resources, and timber — effectively operating as an endowment-style allocator. Its grantmaking footprint covers the US and Canada, targeting economically disadvantaged students, Indigenous Peoples, and students with disabilities. The foundation participates in the Foundation Financial Officers Group for benchmarking. CEO Robert A. Krause and Board Chair R. Malcolm Macleod — nephew of Vivian M. Johnson — steward a roughly $234M pool (AUM is an Altss estimate based on IRS filings; the foundation does not publish a current figure) from a single office in Florida. The organization maintains active membership in the Florida Philanthropic Network, connecting with regional grantmaking peers. Unlike a typical single-family office that prioritizes wealth preservation above all, this foundation has a fixed structural mandate to exhaust its resources on scholarship payouts. The governance separates the grantmaking mission from any broad family-office services, making it a pure-play education funder backed by a logistics fortune.

## Sectors

- Education

## People

- R. Malcolm Macleod — Board Chair
- Robert A. Krause — CEO
- Theodore R. Johnson — Founder
- Vivian M. Johnson — Founder

## Questions

### Who runs investment decisions at the Johnson Scholarship Foundation?

CEO Robert A. Krause oversees the foundation alongside Board Chair R. Malcolm Macleod. The foundation participates in the Foundation Financial Officers Group for benchmarking, though it does not publicly name a dedicated CIO or investment committee.

### How is the Johnson Scholarship Foundation related to UPS?

Founder Theodore Johnson was a senior UPS executive. The foundation still maintains a core scholarship program specifically for children of UPS employees in Florida, creating a direct philanthropic link back to the source of its wealth.

### What investment stages or asset classes does the foundation target?

IRS filings indicate a broad, endowment-style approach spanning buyout, venture capital (seed through late-stage), distressed debt, natural resources, and timber. The foundation does not publicly disclose fund commitments or direct deal names.

### Which student populations receive Johnson Scholarship Foundation grants?

The foundation's mission targets three specific groups: economically disadvantaged students, Indigenous Peoples, and students with disabilities. Its geographic footprint covers both the United States and Canada.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/the-theodore-r-vivian-m-johnson-scholarship-foundation

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