Murlan Foundation
- Assets
- $2.1m
- Revenue
- $52.4k
- Investments
- $2.1m
- Employees
- 0
- Location
- Solon, OH
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 46-2092745
Organization Overview
Murlan Foundation is located in Solon, OH. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Murlan 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 12/2022, Murlan Foundation generated $52.4k 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 (14.8%) each year. All expenses for the organization totaled $134.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Murlan Foundation has awarded 17 individual grants totaling $586,875. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond M Murphy President | 0 | $0 | |
Mary K Murphy Secretary | 0 | $0 | |
Ellen Jones Treasurer | 0 | $0 | |
Jason Jones Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31 |
| Dividends & Interest | $37,423 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,979 |
| Capital Gain Net Income | $14,979 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $52,433 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,499 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $274 |
| Total operating and administrative expenses | $5,773 |
| Contributions, gifts, grants paid | $128,906 |
| Total expenses and disbursements | $134,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $21,991 |
| 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 | $187,626 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,125,454 |
| 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, Murlan Foundation has awarded $128,906 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLOTTESVILLE AREA COMMUNITY FOUNDATION PURPOSE: GENERAL | $21,406 |
READYKIDS PURPOSE: GENERAL | $75,000 |
ST ANNE'S - BELFIELD SCHOOL PURPOSE: GENERAL | $5,000 |
FRACTURED ATLAS PURPOSE: GENERAL | $27,500 |