Murray Foundation
- Assets
- $1.3m
- Revenue
- $55.1k
- Investments
- $1.0m
- Employees
- 0
- Location
- Great Falls, VA
- Founding
- 11/1943
- Data as of
- 12/2022
- EIN
- 11-6033504
Organization Overview
Murray Foundation is located in Great Falls, VA. The organization was established in 1943. 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. Murray 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 12/2022, Murray Foundation generated $55.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $62.9k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE AND RELIGIOUS ACTIVITIES BY PROVIDING REAL PROPERTY TO BE USED AS HEADQUARTERS FOR THE THOMAS MORE CENTER FOR PREACHING AND PRAYER INCORPORATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul B Murray Jr President | 0.5 | $0 | |
Joseph G Murray Treasurer | 0.5 | $0 | |
Elizabeth G Murray Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $23,996 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,042 |
| Capital Gain Net Income | $31,042 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,068 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,000 |
| Depreciation | $6,512 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,521 |
| Total operating and administrative expenses | $18,289 |
| Contributions, gifts, grants paid | $44,595 |
| Total expenses and disbursements | $62,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,218 |
| Savings and temporary cash investments | $16,851 |
| 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 | $1,006,336 |
| Net Land, buildings, and equipment | $309,364 |
| Other assets | $0 |
| Total assets | $1,333,769 |
| 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, Murray Foundation has awarded $42,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ANNUAL BISHOPS APPEAL PURPOSE: GENERAL CONTRIBUTION | $20,000 |
HOLY FAMILY HOSPITAL FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $500 |
ORDER OF MALTA AMERICAN ASSOCIATION PURPOSE: GENERAL CONTRIBUTION | $1,000 |
ST THOMAS MORE CHURCH PURPOSE: GENERAL CONTRIBUTION | $21,000 |