Murrill Foundation Inc
- Assets
- $559.5k
- Revenue
- $2.1k
- Investments
- $46.2k
- Employees
- 0
- Location
- Holly Ridge, NC
- Founding
- 08/1965
- Data as of
- 12/2022
- EIN
- 56-6068245
Organization Overview
Murrill Foundation Inc is located in Holly Ridge, NC. The organization was established in 1965. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Murrill 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 12/2022, Murrill Foundation Inc generated $2.1k 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 (62.7%) each year. All expenses for the organization totaled $44.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Murrill Foundation Inc has awarded 46 individual grants totaling $106,436. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,178 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $887 |
| Capital Gain Net Income | $887 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,065 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $410 |
| Total operating and administrative expenses | $2,885 |
| Contributions, gifts, grants paid | $42,036 |
| Total expenses and disbursements | $44,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,563 |
| Savings and temporary cash investments | $60,689 |
| Net Accounts receivable | $1,050 |
| 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 | $559,458 |
| Accounts payable and accrued expenses | $51 |
| 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 | $51 |
Grants Awarded
Over the last fiscal year, Murrill Foundation Inc has awarded $42,036 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
DUKE UNIVERSITY FUQUA SCHOOL PURPOSE: EDUCATIONAL | $500 |
EMMA ANDERSON MEMORIAL CHAPEL PURPOSE: RELIGIOUS | $1,000 |
DURHAM ACADEMY PURPOSE: EDUCATIONAL | $5,000 |
INTERCOLLEGIATE STUDIES INSTITUTE PURPOSE: CORE PROGRAMMING | $1,953 |
HOUSTON LIVESTOCK SHOW & RODEO PURPOSE: EDUCATION | $10,000 |
NCVMF (NCSU VETERINARY FOUNDATION) PURPOSE: EDUCATIONAL | $1,000 |