Murray Foundation is located in Bellevue, WA. The organization was established in 2017. 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. 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 12/2023, Murray Foundation generated $169.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $350.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Murray Foundation has awarded 71 individual grants totaling $1,290,047. 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
MURRAY FOUNDATION PROVIDES CHARITABLE GIFTS TO QUALIFYING CHARITABLE ORGANIZATIONS AND INDIVIDUALS. DURING 2023, DONATIONS WERE GIVEN TO ASSIST WITH EDUCATIONAL, MEDICAL, HUNGER, AND CHILDRENS' PROGRAMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
F Ross Murray President/treasurer | 6 | $0 | |
Courtney Selene Klein Secretary | 1 | $0 | |
Kim Enright Lorenz Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $154,449 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,679 |
| Capital Gain Net Income | $14,679 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $169,128 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,056 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $50,015 |
| Contributions, gifts, grants paid | $300,605 |
| Total expenses and disbursements | $350,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $215,991 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,286,973 |
| 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, Murray Foundation has awarded $300,605 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
GONZAGA UNIVERSITY PURPOSE: EDUCATION | $10,000 |
OLIVE CREST PURPOSE: SUPPORT WELFARE OF CHILDREN AND FAMILIES EXPERIENCING NEGLECT AND ABUSE. | $12,500 |
SYMPA MEALS (DANG XUAN HOP) PURPOSE: ASSIST HOSPITAL CHILDREN | $45,000 |
SALESIENS OF DON BROSCO PURPOSE: GOAL TO CREATE AN ENVIRONMENT SAFE FOR CHILDREN | $25,000 |
THE FRIENDS OF LOPEZ ISLAND POOL (FLIP) PURPOSE: BUILD NEW COMMUNITY POOL | $1,695 |
TUONG NGUYEN USA FOUNDATION PURPOSE: MISSION TO PROVIDE BASIC FINANCIAL LIFE-SKILL EDUCATION WITH CONTINUING SUPPORT FOR THE UNDER-SERVED | $10,000 |