Mary E & John F Murphy Charitable Tr is located in Winchester, MA. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Mary E & John F Murphy Charitable Tr 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, Mary E & John F Murphy Charitable Tr generated $47.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $50.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mary E & John F Murphy Charitable Tr has awarded 95 individual grants totaling $170,800. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter J Segerstrom Trustee | 1 | $0 | |
Elda Heller Trustee | 1 | $0 | |
John Carroll Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,544 |
| Dividends & Interest | $17,525 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,288 |
| Capital Gain Net Income | $5,288 |
| Net ST Capital Gain | $17 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,793 |
| Total Revenue | $47,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,834 |
| Taxes | $3,809 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $476 |
| Total operating and administrative expenses | $7,929 |
| Contributions, gifts, grants paid | $42,300 |
| Total expenses and disbursements | $50,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,122 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $444,554 |
| 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 |
Over the last fiscal year, Mary E & John F Murphy Charitable Tr has awarded $42,300 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
NOAH ACKER PURPOSE: PARTIAL TUITIONPAYMENTUMASS AMHERST | $1,500 |
MOLLY BANNON PURPOSE: PARTIAL TUITIONPAYMENTUNION COLLEGE | $1,500 |
KENDALL ALBA PURPOSE: PARTIAL TUITIONPAYMENTCURRY COLLEGE | $1,500 |
MICHAEL BARSKIY PURPOSE: PARTIAL TUITIONPAYMENTINDIANA UNIVERSITY | $1,500 |
VICTORIA BOGOMILOVA PURPOSE: PARTIAL TUITION PAYMENTUNH | $2,000 |
BENNY CHEN PURPOSE: PARTIAL TUITIONPAYMENTUMASS LOWELL | $3,000 |