Lt Raymond E Murphy Memorial Scholarship Fund

Organization Overview

Lt Raymond E Murphy Memorial Scholarship Fund is located in Bronx, NY. The organization was established in 2002. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lt Raymond E Murphy Memorial Scholarship Fund 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 12/2022, Lt Raymond E Murphy Memorial Scholarship Fund generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (64.5%) each year. All expenses for the organization totaled $669.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE EDUCATIONAL FUNDING TO WORTHY RECIPIENTS TO FURTHER THEIR EDUCATIONTHROUGH VOLUNTARY GRANTS AND SCHOLARSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MEMORIAL SCHOLARSHIP FUND PERPETUATES THE MEMORY AND SPIRIT OFLT RAYMOND E. MURPHY, DECEASED ON 9/11/2001, IN THE LINE OF DUTY FOR THE FIRE DEPARTMENT; FDNY, BY THE ENCOURAGEMENT AND PROMOTION OF WORTHY RECIPIENTS TO FURTHER THEIR EDUCATION THROUGH VOLUNTARY GRANTS AND SCHOLARSHIPS.


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Board, Officers & Key Employees

Name (title)Compensation
Edward J Murphy
Treasurer
$0
Kenneth Murphy
Vice President
$0
Linda Murphy
President
$0
James Knoblich
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,100
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,100
Total Program Service Revenue$0
Investment income $592
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,692

Grants Awarded

Over the last fiscal year, Lt Raymond E Murphy Memorial Scholarship Fund has awarded $45,000 in support to 3 organizations.

Grant RecipientAmount

ST FRANCIS DE CHANTAL SCHOOL

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$15,000

IONA PREPARATORY SCHOOL

|

|

$15,000

ARCHBISHOP STEPINAC

|

|

$15,000
View Grant Profile

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