Timothy J Murphy Foundation Inc

Organization Overview

Timothy J Murphy Foundation Inc is located in Wynantskill, NY. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Timothy J Murphy Foundation Inc 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 12/2019, Timothy J Murphy Foundation Inc generated $7.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $17.7k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE TIMOTHY J. MURPHY FOUNDATION IS TO PROMOTE CAREERS IN PUBLIC SAFETY BY: (1) PROVIDING SCHOLARSHIPS (A) TO ASSIST WITH THE PAYMENT OF COLLEGE EDUCATION EXPENSES OF THE CHILDREN AND GRANDCHILDREN OF PUBLIC SAFETY PROFESSIONALS AND (B) TO ASSIST PUBLIC SAFETY PROFESSIONALS IN FURTHERING THEIR CAREERS IN PUBLIC SAFETY; (2) BY PROVIDING OTHER GRANTS, PROGRAMS AND ASSISTANCE TO THOSE IN OR SEEKING TO PURSUE CAREERS AS PUBLIC SAFETY PROFESSIONALS AND (3) TO FUND EDUCATIONAL OR INFORMATIONAL RESOURCES RELATED TO PUBLIC SAFETY CAREERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS ARE AVAILABLE FOR THE QUALIFIED EDUCATIONAL EXPENSES FOR THE COLLEGE EDUCATION OF CANDIDATES FOR A DEGREE AT ELIGIBLE EDUCATIONAL INSTITUTIONS WHO ARE THE CHILDREN OR GRANDCHILDREN OF PUBLIC SAFETY PROFESSIONALS IN NEW YORK STATE.


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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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $566
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $6,831
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,497

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