Robert W Murray Charitable Foundation
- Assets
- $1.6m
- Revenue
- $310.8k
- Investments
- $1.5m
- Employees
- 0
- Location
- Burlington, MA
- Founding
- 02/2001
- Data as of
- 12/2023
- EIN
- 04-3541231
Organization Overview
Robert W Murray Charitable Foundation is located in Burlington, MA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert W Murray Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Robert W Murray Charitable Foundation generated $310.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $276.5k during the year ending 12/2023. While expenses have increased by 10.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Robert W Murray Charitable Foundation has awarded 120 individual grants totaling $1,374,550. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $281,600 |
| Interest on Savings | $0 |
| Dividends & Interest | $53,948 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,790 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $73 |
| Total Revenue | $310,831 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $328 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6 |
| Total operating and administrative expenses | $20,483 |
| Contributions, gifts, grants paid | $256,000 |
| Total expenses and disbursements | $276,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$6 |
| Savings and temporary cash investments | $82,722 |
| Net Accounts receivable | $12,320 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,610,260 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Robert W Murray Charitable Foundation has awarded $256,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
LAHEY CLINIC PURPOSE: UNRESTRICTED GIFT | $45,000 |
BOYS AND GIRLS CLUB OF WOBURN PURPOSE: UNRESTRICTED GIFT | $5,000 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: UNRESTRICTED GIFT | $55,000 |
OLD NORTH FOUNDATION PURPOSE: UNRESTRICTED GIFT | $500 |
PACIFIC LEGAL FOUNDATION PURPOSE: UNRESTRICTED GIFT | $15,000 |
SHRINERS HOSPITAL FOR CHILDREN PURPOSE: UNRESTRICTED GIFT | $15,000 |