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Murdock Foundation is a private corporation based in MAGNOLIA, TX. The foundation received its IRS ruling in 1986. It holds total assets of $331K. Annual income is reported at $83K. Total assets have decreased from $1.3M in 2010 to $377K in 2022. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Michigan and Indiana. According to available records, Murdock Foundation has made 17 grants totaling $118K, with a median grant of $5K. Annual giving has grown from $48K in 2021 to $70K in 2022. Individual grants have ranged from $3K to $30K, with an average award of $7K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in Michigan and Indiana and Ohio. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$10K
Based on 5 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.
Murdock Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MI, IN, OH.
Murdock Foundation has distributed a total of $118K across 17 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $3K to $30K.
Murdock Foundation typically selects its grantees rather than accepting unsolicited proposals.
Murdock Foundation is headquartered in MAGNOLIA, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel M Young | TRUSTEE | $0 | $0 | N/A |
| Curtis J Mann | TRUSTEE | $0 | $0 | N/A |
| Bart A Murdock | PRES/TRES/SEC/DIR | $0 | $0 | N/A |
Total Giving
$67K
Total Assets
$377K
Fair Market Value
$377K
Net Worth
$377K
Grants Paid
$65K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$20K
Total Grants
17
Total Giving
$118K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
11
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of MichiganGENERAL OPERATING SUPPORT | Ann Arbor, MI | $10K | 2022 |
| Hudson MuseumGENERAL OPERATING SUPPORT | Hudson, MI | $10K | 2022 |
| Jackson CollegeGENERAL OPERATING SUPPORT | Jackson, MI | $5K | 2022 |
| Wayne State UniversityGENERAL OPERATING SUPPORT | Detroit, MI | $5K | 2022 |
| Grace CollegeGENERAL OPERATING SUPPORT | Winona Lake, IN | $5K | 2022 |
| Hillsdale CollegeGENERAL OPERATING SUPPORT | Hillsdale, MI | $30K | 2021 |
| Kalamazoo Valley Community CollegeGENERAL OPERATING SUPPORT | Kalamazoo, MI | $3K | 2021 |
| Bowling Green UniversityGENERAL OPERATING SUPPORT | Bowling Green, MI | $3K | 2021 |
| Michigan State UniversityGENERAL OPERATING SUPPORT | East Lansing, MI | $3K | 2021 |
| Miami UniversityGENERAL OPERATING SUPPORT | Oxford, OH | $3K | 2021 |
| Adrian CollegeGENERAL OPERATING SUPPORT | Adrian, MI | $3K | 2021 |