Michelle Favrot Murphy Family Fund
- Assets
- $253.2k
- Revenue
- $14.2k
- Investments
- $237.8k
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 01/1997
- Data as of
- 12/2022
- EIN
- 72-1318621
Organization Overview
Michelle Favrot Murphy Family Fund is located in New Orleans, LA. The organization was established in 1997. 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. Michelle Favrot Murphy Family Fund 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, Michelle Favrot Murphy Family Fund generated $14.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $22.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Murphy President/chairman | 0 | $0 | |
Michele F Murphy Treasurer/secretary | 10 | $4,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,157 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,056 |
| Capital Gain Net Income | $9,056 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,213 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $645 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,863 |
| Contributions, gifts, grants paid | $10,962 |
| Total expenses and disbursements | $22,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,330 |
| Net Accounts receivable | $20 |
| 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 | $253,161 |
| 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, Michelle Favrot Murphy Family Fund has awarded $10,962 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
SECOND HARVEST FOOD BANK PURPOSE: FOR THE GENERAL BENEFIT OF THE CHARITY | $200 |
AMERICAN CANCER SOCIETY PURPOSE: FOR THE GENERAL BENEFIT OF THE CHARITY | $40 |
AUDUBON NATURE INSTITUTE PURPOSE: FOR THE GENERAL BENEFIT OF THE CHARITY | $200 |
CHRIST SCHOOL PURPOSE: FOR THE GENERAL BENEFIT OF THE CHARITY | $2,000 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: FOR THE GENERAL BENEFIT OF THE CHARITY | $50 |
HOUSTON ZOO PURPOSE: FOR THE GENERAL BENEFIT OF THE CHARITY | $70 |