Paul C. Johnson, Chief Executive Officer and Chairman of Sealed Power Corporation and son of the founder of Sealed Power Corp. (predecessor of SPX Corporation) established the Paul C. Johnson Foundation in 1989 as a Supporting Organization of the Community Foundation. With a $2 million dollar gift and a vision of creating the means to “address the changing needs of the community”, Paul C. Johnson’s legacy is well secured. As a Supporting Organization, the Johnson Foundation complements the Community Foundation’s mission and expands the capacity of the Community Foundation to address the community’s most urgent needs.

In 2002, together with the Community Foundation and Greater Muskegon Chamber of Commerce, the Johnson Foundation formed the Downtown Muskegon Development Corporation (DMDC) and purchased the former Muskegon Mall property. This action was taken to assure a future for the property consistent with the vision established by Muskegon area residents through the Imagine Muskegon process. During 2007and beyond, the Johnson Foundation with its partner organizations will continue to provide financial support for one of Muskegon’s most critical needs – that of rebuilding downtown Muskegon. The Johnson Foundation is committed to helping provide the leadership that will assure a vibrant re-birth of Muskegon that reflects the future and vision of what Muskegon will become.

During 2006, the Paul C. Johnson Foundation Board of Directors provided financial support for the Muskegon Museum of Art, Grand Valley State University, the Muskegon Lake Nature Preserve and others. We extend a special “Thank you” to the Johnson family for their continued community leadership and outstanding philanthropy.

• Market Value of Paul C. Johnson Foundation as of
  December 31, 2006. ~ $4,233,372
• Grants approved in 2006 totaled ~ $72,100
• Grants approved in 2005 totaled ~ $114,625

2006 Grants / Program Related Investments

• Muskegon Museum of Art – $10,000
  Support of the December 2006 Salmagundi Club Exhibit
• Muskegon Health Project – $1,000
  To support the 2006 Diabetes Walk
• Muskegon Lake Nature Preserve (MERES) – $25,000
  To support the Muskegon River Board Walk
• Grand Valley State University – $25,000
  To support the Johnson Center Endowment Campaign
• West Shore Symphony Orchestra – $5,000
  To support the Carnegie / Link- UP program
• Muskegon Goodwill Industries - $5,000
  To support the Transitional Housing program

2005 Grants / Program Related Investments

• Muskegon Museum of Art – $10,000
  To support the Fall 2005 Exhibit (A New Narrative)
• Muskegon YMCA - $10,000
  To support the YMCA Capital Campaign
• Muskegon Health Project – $5,000
  To support the 2005 Diabetes Walk
• Hackley Hospital Emergency Center – $50,000
  Year III capital support of the new Emergency Center
• West Michigan Strategic Alliance – $1,000
  Membership support
• Muskegon Museum of Art – $2,525
  To support the 2005 Exhibit Reception
• Salvation Army – $25,000
  Capital campaign support
• Hume Home of Muskegon – $10,000
  Capital campaign support