Lynne Murray Sr Educational Foundation
- Assets
- $489.9k
- Revenue
- $9.3k
- Investments
- $475.3k
- Employees
- 0
- Location
- Houston, TX
- Founding
- 10/1969
- Data as of
- 12/2023
- EIN
- 74-6137429
Organization Overview
Lynne Murray Sr Educational Foundation is located in Houston, TX. The organization was established in 1969. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Lynne Murray Sr Educational 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, Lynne Murray Sr Educational Foundation generated $9.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (30.8%) each year. All expenses for the organization totaled $68.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lynne Murray Sr Educational Foundation has awarded 21 individual grants totaling $199,250. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Landen Trustee | 1 | $0 | |
Mary Riley Piro Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,482 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$15,195 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,287 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,779 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,028 |
| Contributions, gifts, grants paid | $51,500 |
| Total expenses and disbursements | $68,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,591 |
| 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 | $489,881 |
| 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 | $184 |
| Total liabilities | $184 |
Grants Awarded
Over the last fiscal year, Lynne Murray Sr Educational Foundation has awarded $51,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CITIZENS FOR ANIMAL PROTECTION PURPOSE: GENERAL FUND | $25,000 |
BRAVO COLORADO AT VAIL-BEAVER CREEK PURPOSE: GENERAL FUND | $7,500 |
CHRIST CHURCH CATHEDRAL PURPOSE: GENERAL FUND | $5,000 |
THE DBT CENTER TRAINING INSTITUTE PURPOSE: GENERAL FUND | $10,000 |
THE JOHN FAIRY GARDEN CONSERVATION FOUNDATION PURPOSE: GENERAL FUND | $1,000 |
DA CAMERA SOCIETY OF TEXAS INC PURPOSE: GENERAL FUND | $3,000 |