Mcmurry Foundation
- Assets
- $22.7m
- Revenue
- $3.2m
- Investments
- $20.8m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/2000
- Data as of
- 12/2021
- EIN
- 83-0323982
Organization Overview
Mcmurry Foundation is located in Wilmington, DE. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mcmurry 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, Mcmurry Foundation generated $3.2m 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 (19.2%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mcmurry Foundation has awarded 206 individual grants totaling $6,194,218. 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 |
|---|---|---|---|
Trudi Holthouse Dir, Sec | 40 | $103,000 | |
Scott Neu Dir, Treas | 10 | $27,622 | |
Tayla Davis Dir | 1 | $0 | |
Tyler Holthouse Dir, VP | 5 | $0 | |
Susan Mcmurry Dir, Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $675,000 |
| Interest on Savings | $1,093 |
| Dividends & Interest | $792,207 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,725,596 |
| Capital Gain Net Income | $1,725,596 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,148 |
| Total Revenue | $3,200,044 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $130,622 |
| Other employee salaries and wages | $81,166 |
| Pension plans, employee benefits | $122,900 |
| Interest | $0 |
| Taxes | $31,165 |
| Depreciation | $0 |
| Occupancy | $495 |
| Travel, conferences, and meetings | $3,456 |
| Printing and publications | $1,050 |
| Other expenses | $124,661 |
| Total operating and administrative expenses | $551,498 |
| Contributions, gifts, grants paid | $3,308,751 |
| Total expenses and disbursements | $3,860,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,187,440 |
| Net Accounts receivable | $3,994 |
| 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 | $6,438,264 |
| Net Land, buildings, and equipment | $765,000 |
| Other assets | $4,500 |
| Total assets | $22,715,341 |
| 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 | $1,560 |
| Total liabilities | $1,560 |
Grants Awarded
Over the last fiscal year, Mcmurry Foundation has awarded $3,308,751 in support to 106 organizations.
| Grant Recipient | Amount |
|---|---|
Casper, WY PURPOSE: CAPITAL CAMPAIGN: PHASE 2 OF BUILDING TOMORROW TODAY | $666,667 |
Laramie, WY PURPOSE: THE MCMURRY FOUNDATION FUND IN MENTAL HEALTH AND INTEGRATED CARE IN HONOR OF MARY BURMAN | $333,333 |
Casper, WY PURPOSE: GIVE US HOPE, RAISING DIFFERENCE MAKERS ENDOWMENT CAMPAIGN | $250,000 |
Casper, WY PURPOSE: OPERATING SUPPORT - FORWARD TOGETHER FOR OUR KIDS | $175,000 |
Davenport, IA PURPOSE: 2021 'WE READ' FUND | $166,666 |
UNIVERSITY OF WYOMING - NATRONA COUNTY 4-H COUNCIL PURPOSE: 2021 CENTRAL WYOMING JUNIOR LIVESTOCK SALE FUND | $137,391 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Morgridge Family Foundation Wilmington, DE | $205,419,134 | $22,580,458 |
GDS Legacy Foundation Inc Wilmington, DE | $0 | $575,846 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Foundation For The Greatest Good Fulton, MD | $11,551,864 | $19,462,876 |
Young Mens Christian Association Of The Chesapeake Inc Easton, MD | $84,208,847 | $28,289,184 |
Living Legacy Foundation Wilmington, DE | $129,501,628 | $9,577,224 |
The Healey International Relief Foundation Inc Lumberton, NJ | $326,937 | $11,415,022 |
Zachary Smith Reynolds Trust Pittsburgh, PA | $187,892,547 | $20,789,622 |