Murphy Foundation
- Assets
- $17.9m
- Revenue
- $2.4m
- Investments
- $17.5m
- Employees
- 0
- Location
- El Dorado, AR
- Founding
- 11/1959
- Data as of
- 04/2024
- EIN
- 71-6049826
Organization Overview
Murphy Foundation is located in El Dorado, AR. The organization was established in 1959. 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. Murphy 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 04/2024, Murphy Foundation generated $2.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $3.8m during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Murphy Foundation has awarded 196 individual grants totaling $8,788,486. 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 |
|---|---|---|---|
R Madison Murphy President/di | 5 | $15,000 | |
Brett Williamson Secretary/tr | 5 | $45,250 | |
Suzanne N Murphy Vice Preside | 2.5 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $270 |
| Dividends & Interest | $1,050,052 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,463,109 |
| Capital Gain Net Income | $1,463,109 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$81,780 |
| Total Revenue | $2,431,651 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,250 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,884 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $102,995 |
| Total operating and administrative expenses | $600,275 |
| Contributions, gifts, grants paid | $3,198,079 |
| Total expenses and disbursements | $3,798,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,506 |
| Savings and temporary cash investments | $350,923 |
| 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 | $16,310,724 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,943,058 |
| 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, Murphy Foundation has awarded $3,198,079 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
ARKANSAS CINEMA SOCIETY PURPOSE: OPERATIONS | $210 |
ALLAN HANCOCK COLLEGE V&E FOUNDATIO PURPOSE: OPERATIONS | $30,000 |
ARKANSAS MUSEUM OF FINE ARTS PURPOSE: OPERATIONS | $10,000 |
ARKANSAS POLICY FOUNDATION PURPOSE: OPERATIONS | $25,000 |
BOYS & GIRLS CLUB-SANTA MARIA PURPOSE: OPERATIONS | $10,000 |
BOY SCOUTS OF AMERICA DES PURPOSE: OPERATIONS | $7,500 |