Murray Foundation Inc
- Assets
- $199.6k
- Revenue
- $9.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, TN
- Founding
- 09/2002
- Data as of
- 12/2023
- EIN
- 76-0708303
Organization Overview
Murray Foundation Inc is located in Jackson, TN. The organization was established in 2002. 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 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 12/2023, Murray Foundation Inc generated $9.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $13.6k during the year ending 12/2023. 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 |
|---|---|---|---|
Gerald Ferguson Director President | 0 | $0 | |
Judith Murray Director Board Member | 0 | $0 | |
Luanne Story Director Board Member | 0 | $0 | |
James L Exum Director Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,051 |
| Dividends & Interest | $781 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,832 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $648 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $13,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,450 |
| Savings and temporary cash investments | $105 |
| 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 | $199,555 |
| 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 Inc has awarded $13,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CARE CENTER PURPOSE: BENEVOLENCE | $2,000 |
EXCHANGE CENTER CARL PERKINS PURPOSE: BENEVOLENCE | $2,000 |
THE STAR CENTER PURPOSE: BENEVOLENCE | $1,000 |
FCA PURPOSE: BENEVOLENCE | $1,000 |
RIFA PURPOSE: BENEVOLENCE | $1,000 |
WOMEN OF HOPE CENTER PURPOSE: BENEVOLENCE | $2,000 |