Rita B & Walter M Murphy Foundation Inc is located in South Windsor, CT. The organization was established in 2001. 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. Rita B & Walter M Murphy 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 06/2022, Rita B & Walter M Murphy Foundation Inc generated $76.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $68.5k during the year ending 06/2022. While expenses have increased by 2.6% per year over the past 3 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet C Murray President | 0.25 | $0 | |
Elizabeth A Garrity Secretary | 0.25 | $0 | |
Jenniffer L Murray Treasurer | 0.25 | $0 | |
James D Murray Vice Pres | 2.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $78,531 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,237 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $76,297 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,043 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,190 |
| Other expenses | $1,235 |
| Total operating and administrative expenses | $3,468 |
| Contributions, gifts, grants paid | $65,000 |
| Total expenses and disbursements | $68,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,622 |
| 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 | $2,047,542 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $437 |
| Total assets | $2,078,601 |
| 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, Rita B & Walter M Murphy Foundation Inc has awarded $65,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
IMMACULATE CONCEPTION SHELTER & HOUSING PURPOSE: UNRESTRICTED DONATION | $4,000 |
COVENANT HOUSE PURPOSE: UNRESTRICTED DONATION | $2,500 |
MALTA HOUSE OF CARE MOBILE CLINIC PURPOSE: UNRESTRICTED DONATION | $5,000 |
ALZHEIMERS ASSOCIATION OF CT PURPOSE: UNRESTRICTED DONATION | $4,500 |
LITTLE SISTERS OF THE POOR PURPOSE: UNRESTRICTED DONATION | $3,000 |
SPECIAL OLYMPICS CT PURPOSE: UNRESTRICTED DONATION | $1,000 |