Also known as: FOUNDATION FKA THE HOME LOAN FOUNDATION
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John And Gracilda Murphy Family Foundation is a private trust based in E GREENWICH, RI. The foundation received its IRS ruling in 2007. The principal officer is Home Loan Investment Bank. It holds total assets of $3M. Annual income is reported at $915K. Total assets have grown from $879K in 2011 to $2.8M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Grantmaking is concentrated in Rhode Island. According to available records, John And Gracilda Murphy Family Foundation has made 38 grants totaling $199K, with a median grant of $500. Annual giving has decreased from $195K in 2022 to $4K in 2023. Individual grants have ranged from $100 to $35K, with an average award of $5K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in Rhode Island, District of Columbia, New Hampshire, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$1K
Average Grant
$1K
Largest Grant
$3K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
John And Gracilda Murphy Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in RI, DC, NH.
John And Gracilda Murphy Family Foundation has distributed a total of $199K across 38 grants. The median grant size is $500, with an average of $5K. Individual grants have ranged from $100 to $35K.
John And Gracilda Murphy Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
John And Gracilda Murphy Family Foundation is headquartered in E GREENWICH, RI. While based in RI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kevin B Murphy | TRUSTEE | $24K | $0 | $24K |
| John M Murphy | TRUSTEE | $0 | $0 | N/A |
Total Giving
$108K
Total Assets
$2.8M
Fair Market Value
$3.7M
Net Worth
$2.8M
Grants Paid
$4K
Contributions
N/A
Net Investment Income
$67K
Distribution Amount
$176K
Total: $2.8M
Total Grants
38
Total Giving
$199K
Average Grant
$5K
Median Grant
$500
Unique Recipients
21
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Michael'S ChurchUNRESTRICTED CONTRIBUTION | Providence, RI | $2K | 2023 |
| Providence CollegeUNRESTRICTED CONTRIBUTION | Providence, RI | $800 | 2023 |
| Rhode Island HhofUNRESTRICTED CONTRIBUTION | Cumberland, RI | $500 | 2023 |
| Perfect Potential IncUNRESTRICTED CONTRIBUTION | East Greenwich, RI | $500 | 2023 |
| Fox Point East Side Little LeagueUNRESTRICTED CONTRIBUTION | Providence, RI | $300 | 2023 |
| Rhode Island FoundationUNRESTRICTED CONTRIBUTION | Providence, RI | $250 | 2023 |
| Hope Alzheimer'S CenterUNRESTRICTED CONTRIBUTION | Cranston, RI | $250 | 2023 |
| Town Of Nantucket Scholarship FundUNRESTRICTED CONTRIBUTION | Nantucket, MA | $100 | 2023 |
| Lasalle AcademyUNRESTRICTED CONTRIBUTION | Providence, RI | $35K | 2022 |
| Diocese Of ProvidenceUNRESTRICTED CONTRIBUTION | Providence, RI | $30K | 2022 |
| St Patrick AcademyUNRESTRICTED CONTRIBUTION | Providence, RI | $20K | 2022 |
| 2022 Catholic AppealUNRESTRICTED CONTRIBUTION | Providence, RI | $3K | 2022 |
| Sophia AcademyUNRESTRICTED CONTRIBUTION | Providence, RI | $1K | 2022 |
| United Way Of Road IslandUNRESTRICTED CONTRIBUTION | Providence, RI | $1K | 2022 |
| John E Fogarty FoundationUNRESTRICTED CONTRIBUTION | Providence, RI | $1K | 2022 |
| Academy Science CenterUNRESTRICTED CONTRIBUTION | Greenwich, RI | $500 | 2022 |
| I Am AlsUNRESTRICTED CONTRIBUTION | Washington, DC | $500 | 2022 |
| Fox Paint East Side Little LeagueUNRESTRICTED CONTRIBUTION | Providence, RI | $300 | 2022 |
| Museum Of Newport Irish HistoryUNRESTRICTED CONTRIBUTION | Newport, RI | $250 | 2022 |
| Adoption RiUNRESTRICTED CONTRIBUTION | Providence, RI | $250 | 2022 |
| Bartlett Recreation DeptUNRESTRICTED CONTRIBUTION | Barlett, NH | $100 | 2022 |
NORTH KINGSTOWN, RI
PROVIDENCE, RI
PROVIDENCE, RI