Chris And Russ Murphy Foundation
- Assets
- $333.8k
- Revenue
- $29.7k
- Investments
- $321.0k
- Employees
- 0
- Location
- Grosse Pointe, MI
- Founding
- 01/2017
- Data as of
- 12/2021
- EIN
- 81-3161364
Organization Overview
Chris And Russ Murphy Foundation is located in Grosse Pointe, MI. The organization was established in 2017. 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. Chris And Russ 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 12/2021, Chris And Russ Murphy Foundation generated $29.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.2%) each year.
Since 2017, Chris And Russ Murphy Foundation has awarded 24 individual grants totaling $111,852. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Kendall President | 0.5 | $2,500 | |
Ralph Picano Vice President | 0.5 | $2,500 | |
Robert R Lubera Secretary | 0.5 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,993 |
| Dividends & Interest | $5,810 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,892 |
| Capital Gain Net Income | $21,892 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,695 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $481 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,103 |
| Contributions, gifts, grants paid | $21,000 |
| Total expenses and disbursements | $37,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,809 |
| 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 | $320,968 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $333,777 |
| 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, Chris And Russ Murphy Foundation has awarded $21,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH VOCATIONAL SERVICES PURPOSE: SUPPORT OF PROGRAMS | $5,250 |
ANGELA HOSPICE OF LIVONIA PURPOSE: SUPPORT OF PROGRAMS | $5,250 |
THE PACKARD MOTOR CAR FOUNDATION PURPOSE: SUPPORT OF PROGRAMS | $5,250 |
UNIVERSITY OF MICHIGAN MICHIGAN MEDICINE PURPOSE: SUPPORT OF PROGRAMS | $5,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Joseph Sigstein Foundation Inc Huntington, IN | $0 | $2,327,854 |
Herrick Foundation Detroit, MI | $135,749,323 | $10,836,296 |
Wexner Foundation New Albany, OH | $6,442,852 | $9,976,190 |
We Energies Foundation Inc Milwaukee, WI | $74,423,525 | $6,027,785 |
The Samuel And Jean Frankel Fine Arts Foundation Bloomfield Hills, MI | $136,493,173 | $6,844,673 |
Bill & Julia Van Domelen Foundation Kalamazoo, MI | $132,053,109 | $12,849,321 |
Hcs Foundation Cleveland, OH | $105,976,263 | $7,902,405 |
Manoogian Simone Foundation Dearborn, MI | $47,087,292 | $4,923,874 |
Consumers Energy Foundation Jackson, MI | $77,869,075 | $10,169,744 |
The Ceres Trust Milwaukee, WI | $8,473,497 | $7,541,315 |
New Jci Foundation Inc Milwaukee, WI | $45,616,522 | $3,307,387 |
Marge & Charles J Schott Foundation Cincinnati, OH | $96,968,868 | $11,169,832 |