Spencer L Murfey Jr Family Foundation
- Assets
- $4.0m
- Revenue
- $998.0k
- Investments
- $4.0m
- Employees
- 0
- Location
- Windemere, FL
- Founding
- 04/2010
- Data as of
- 12/2021
- EIN
- 26-2608775
Organization Overview
Spencer L Murfey Jr Family Foundation is located in Windemere, FL. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Spencer L Murfey Jr Family 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 12/2021, Spencer L Murfey Jr Family Foundation generated $998.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 32.5% each year . All expenses for the organization totaled $374.0k during the year ending 12/2021. While expenses have increased by 7.0% per year over the past 5 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 2019, Spencer L Murfey Jr Family Foundation has awarded 117 individual grants totaling $1,295,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise T Murfey Director | 0 | $0 | |
Spencer L Murfey III Director | 0 | $0 | |
Cynthia Murfey Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $94,752 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $903,283 |
| Capital Gain Net Income | $2,172 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $998,045 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,364 |
| Taxes | $2,402 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $33,958 |
| Contributions, gifts, grants paid | $340,000 |
| Total expenses and disbursements | $373,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,835 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $4,023,222 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,028,057 |
| 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, Spencer L Murfey Jr Family Foundation has awarded $325,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
GLOBAL GIVING PURPOSE: VARIOUS | $25,000 |
Oklahoma City, OK PURPOSE: AID | $20,000 |
CALIFORNIA WILDFIRE DIRECT RELIEF PURPOSE: FIRE PROTECTION | $20,000 |
CARRABASSETT VALLEY ACADEMY PURPOSE: EDUCATION | $20,000 |
ASPCA PURPOSE: ANIMAL PROTECTION | $15,000 |
AMERICAN CANCER SOCIETY PURPOSE: RESEARCH | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project Access Foundation Inc Miami, FL | $8,531,083 | $32,893,719 |
Early Learning Coalition Of Floridas Heartland Inc Port Charlotte, FL | $2,212,537 | $18,405,437 |
Early Learning Coalition Of Okaloosa And Walton Counties Inc Shalimar, FL | $1,559,642 | $16,151,395 |
University Of North Georgia Foundation Inc Dahlonega, GA | $101,168,345 | $9,379,486 |
Usf Financing Corporation Tampa, FL | $387,045,696 | $13,998,407 |
Drs Kiran & Pallavi Patel 2017 Foundation For Global Understandin Tampa, FL | $0 | -$8,161,100 |
Southern Assoc Of Colleges And Schools Commission On Colleges Inc Decatur, GA | $21,107,199 | $13,477,936 |
White Hall Enrichment Advancement Team Hayneville, AL | $52,157 | $11,823,582 |
A Gift For Teaching Inc Orlando, FL | $5,328,629 | $9,022,570 |
Ninja Academy Incorporated Hollywood, FL | $2,893,530 | $10,861,940 |
Hillsborough Education Foundation Inc Tampa, FL | $10,731,665 | $10,065,447 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |