Mcmurry Foundation
- Assets
- $20.6m
- Revenue
- $1.6m
- Investments
- $19.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/2000
- Data as of
- 12/2022
- EIN
- 83-0323982
Organization Overview
Mcmurry Foundation is located in Wilmington, DE. The organization was established in 2000. 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. Mcmurry 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 12/2022, Mcmurry Foundation generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $3.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mcmurry Foundation has awarded 300 individual grants totaling $9,446,041. 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 |
|---|---|---|---|
Trudi Holthouse Dir, Sec*, Treas | 40 | $103,000 | |
Tyler Holthouse Dir, VP | 5 | $0 | |
Alaceia Mcmurry Dir | 1 | $0 | |
Susan Mcmurry Dir, Pres | 1 | $0 | |
Scott Neu Dir, Treas*, Co- Pres | 10 | $25,000 | |
Tayla Trujillo Dir, Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,244 |
| Dividends & Interest | $375,426 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,091,089 |
| Capital Gain Net Income | $1,091,100 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $92,505 |
| Total Revenue | $1,567,264 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $128,000 |
| Other employee salaries and wages | $82,739 |
| Pension plans, employee benefits | $43,698 |
| Interest | $0 |
| Taxes | $17,814 |
| Depreciation | $0 |
| Occupancy | $479 |
| Travel, conferences, and meetings | $8,539 |
| Printing and publications | $0 |
| Other expenses | $116,305 |
| Total operating and administrative expenses | $442,681 |
| Contributions, gifts, grants paid | $3,251,823 |
| Total expenses and disbursements | $3,694,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $416,691 |
| 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 | $6,149,651 |
| Net Land, buildings, and equipment | $765,000 |
| Other assets | $4,500 |
| Total assets | $20,587,502 |
| 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 | $961 |
| Total liabilities | $961 |
Grants Awarded
Over the last fiscal year, Mcmurry Foundation has awarded $3,251,823 in support to 94 organizations.
| Grant Recipient | Amount |
|---|---|
12-24 CLUB INC PURPOSE: 12-24 CLUB OPERATIONAL FUND | $40,000 |
BOYS & GIRLS CLUBS OF CENTRAL WYOMING PURPOSE: CHARITABLE EVENT | $10,000 |
BOYS & GIRLS CLUBS OF CENTRAL WYOMING PURPOSE: CAREER WORKS PROGRAM | $60,000 |
BOYS & GIRLS CLUBS OF CENTRAL WYOMING PURPOSE: OPERATING SUPPORT FOR MISSION UNSTOPPABLE | $50,000 |
CASPER CHILDRENS CHORALE INCORPORATED PURPOSE: GENERAL & UNRESTRICTED (SEE GENERAL EXPLANATION) | $2,379 |
CASPER BOXING CLUB PURPOSE: OPERATING SUPPORT FUND | $50,000 |