Murray Deyoung Educational Foundation Inc
- Assets
- $3.7m
- Revenue
- $129.3k
- Investments
- $3.6m
- Employees
- 0
- Location
- New Albany, OH
- Founding
- 10/1988
- Data as of
- 06/2022
- EIN
- 59-2758439
Organization Overview
Murray Deyoung Educational Foundation Inc is located in New Albany, OH. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Murray Deyoung Educational 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 06/2022, Murray Deyoung Educational Foundation Inc generated $129.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $313.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Murray Deyoung Educational Foundation Inc has awarded 109 individual grants totaling $650,729. 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
SCHOLARSHIP GRANTS DIRECTLY TO NEEDY INDIVIDUALS TO SUPPLEMENT EDUCATIONAL TUITION AND FEES. 13 INDIVIDUALS RECEIVED SCHOLARSHIP GRANTS THIS FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trinity Cody President/treas | 25 | $88,399 | |
Alice Matthews Vice President | 25 | $64,243 | |
Sarah Godwin Secretary | 25 | $44,478 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $62,809 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,841 |
| Capital Gain Net Income | $52,841 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,661 |
| Total Revenue | $129,321 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $197,120 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,044 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $295 |
| Printing and publications | $0 |
| Other expenses | $1,247 |
| Total operating and administrative expenses | $229,503 |
| Contributions, gifts, grants paid | $84,070 |
| Total expenses and disbursements | $313,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,876 |
| Savings and temporary cash investments | $68,453 |
| 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 | $536,185 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,656,971 |
| 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, Murray Deyoung Educational Foundation Inc has awarded $84,070 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
DIANA AGUILAR PURPOSE: COLLEGE TUITION | $9,000 |
EMILY CASE PURPOSE: COLLEGE TUITION | $7,562 |
ANAHITA GOLCHIN PURPOSE: COLLEGE TUITION | $7,208 |
ANTHONY SOLIS PURPOSE: COLLEGE TUITION | $6,700 |
SARA HRKACH PURPOSE: COLLEGE TUITION | $6,100 |
LUXI QIAO PURPOSE: COLLEGE TUITION | $6,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Ohio University Foundation Athens, OH | $641,559,157 | $75,179,430 |
Iu Medical Group Foundation Inc Indianapolis, IN | $256,189,183 | $45,380,536 |
Western Michigan University Foundation Kalamazoo, MI | $431,026,780 | $43,479,998 |
Pelotonia Columbuus, OH | $27,807,886 | $34,892,875 |
Wku Student Life Foundation Inc Bowling Green, KY | $178,491,745 | $30,600,200 |
Foundation For Indiana University Of Pennsylvania Indiana, PA | $226,911,998 | $27,994,482 |
Miami University Foundation Inc Oxford, OH | $724,573,926 | $28,643,439 |
Bowling Green State University Foundation Inc Bowling Green, OH | $269,755,787 | $28,051,237 |
Ball State University Foundation Muncie, IN | $262,845,495 | $25,627,270 |
The University Of Toledo Foundation Toledo, OH | $690,162,176 | $41,543,760 |
Youngstown State University Foundation Youngstown, OH | $318,269,128 | $38,933,738 |