Murphy Family Charitable Foundation Inc
- Assets
- $126.2k
- Revenue
- $19.8k
- Investments
- $87.3k
- Employees
- 0
- Location
- Sleepy Hollow, NY
- Founding
- Data as of
- 12/2023
- EIN
- 85-4214717
Organization Overview
Murphy Family Charitable Foundation Inc is located in Sleepy Hollow, NY. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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 Family Charitable 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 12/2023, Murphy Family Charitable Foundation Inc generated $19.8k 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 (5.6%) each year.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE NOTE THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT ACTIVITIES SERVING THE PUBLIC BY MAKING CONTRIBUTIONS TO OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL
REVENUE CODE SECTION 501(C)(3)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy G Murphy Director | 0.5 | $0 | |
Alandra C Murphy Director | 0.5 | $0 | |
Timothy B Murphy Director | 0 | $0 | |
Caroline E Murphy Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,166 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,651 |
| Capital Gain Net Income | $1,651 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,817 |
| 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 | $101 |
| Total operating and administrative expenses | $101 |
| Contributions, gifts, grants paid | $4,200 |
| Total expenses and disbursements | $4,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,365 |
| Savings and temporary cash investments | $24,571 |
| 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 | $86,561 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $126,241 |
| 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 Family Charitable Foundation Inc has awarded $4,200 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KIDS CLUB OF TARRYTOWN & SLEEPY HOLLOW INC PURPOSE: COMMUNITY SUPPORT | $100 |
HOPE'S DOOR PURPOSE: COMMUNITY SUPPORT | $3,600 |
BRUCE TUCKER - TIM ORR MEMORIAL SCHOLARSHIP FUND PURPOSE: COMMUNITY SUPPORT | $500 |