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Murdough Foundation is a private corporation based in HUDSON, OH. The foundation received its IRS ruling in 1984. It holds total assets of $3.3M. Annual income is reported at $3.6M. NO DIRECT ACTIVITIES. THE FOUNDATION MAKES GIFTS TO QUALIFIED 501(C)(3) CHARITIES. According to available records, Murdough Foundation has made 30 grants totaling $3.4M, with a median grant of $100K. Annual giving has grown from $356K in 2020 to $2M in 2022. Individual grants have ranged from $500 to $400K, with an average award of $113K. The foundation has supported 15 unique organizations. Grants have been distributed to organizations in Ohio and Virginia and Florida. Contributions to this foundation are tax-deductible.
NO DIRECT ACTIVITIES. THE FOUNDATION MAKES GIFTS TO QUALIFIED 501(C)(3) CHARITIES.
NO DIRECT ACTIVITIES. THE FOUNDATION MAKES GIFTS TO QUALIFIED 501(C)(3) CHARITIES. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in OH, VA, FL.
Murdough Foundation has distributed a total of $3.4M across 30 grants. The median grant size is $100K, with an average of $113K. Individual grants have ranged from $500 to $400K.
DUE TO MAJOR GIFT COMMITMENTS, THE FOUNDATION IS CURRENTLY ONLY ACCEPTING GRANT REQUESTS FROM CHARITABLE ORGANIZATIONS THAT THE MURDOUGH FOUNDATION HAS SUPPORTED IN PRIOR YEARS.
Murdough Foundation is headquartered in HUDSON, OH. While based in OH, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James R Miller | EXECUTIVE DIRECTOR | $20K | $0 | $20K |
| Joy P Murdough | SECRETARY, TRUSTEE | $0 | $0 | $0 |
| William M Oldham | TRUSTEE | $0 | $0 | $0 |
| Peter R Murdough | TRUSTEE | $0 | $0 | $0 |
| Marshall C Murdough | TRUSTEE | $0 | $0 | $0 |
Total Giving
$1.1M
Total Assets
$3.2M
Fair Market Value
$5.4M
Net Worth
$3.2M
Grants Paid
$1M
Contributions
$0
Net Investment Income
$348K
Distribution Amount
$261K
Total Grants
30
Total Giving
$3.4M
Average Grant
$113K
Median Grant
$100K
Unique Recipients
15
Most Common Grant
$200K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Cleveland Clinic FoundationSUPPORT FOR THE NEUROLOGICAL INSTITUTE | Cleveland, OH | $400K | 2022 |
| Jefferson Scholars FoundationMACK CAPUTO JEFFERSON PROFESSORSHIP IN LEADERSHIP | Charlottesville, VA | $200K | 2022 |
| University Of Virginia Athletics FoundationFUNDING FOR THE RENOVATION OF THE MCCUE CENTER | Charlottesville, VA | $200K | 2022 |
| Akron Childen'S HospitalINNOVATION CHALLENGE PROGRAM | Akron, OH | $100K | 2022 |
| Ocean Reef Chapel FoundationFUNDING TO SUPPORT THE CONSTRUCTION OF A NEW CHAPEL BUILDING | Key Largo, FL |
| Jody P Murdough |
| TRUSTEE |
| $0 |
| $0 |
| $0 |
| Thomas G Murdough Jr | PRESIDENT, TREAS, TRUSTEE | $0 | $0 | $0 |
| Thomas G Murdough Iii | TRUSTEE | $0 | $0 | $0 |
| $100K |
| 2022 |
| The Karen Wellington FoundationGENERAL OPERATIONAL SUPPORT | Hudson, OH | $1K | 2022 |
| Orange Board Of EducationSTAGECRAFTERS BROADWAY BUDDIES CAMPAIGN | Pepper Pike, OH | $15K | 2021 |
| Two FoundationGENERAL OPERATIONAL SUPPORT | Chagrin Falls, OH | $2K | 2021 |
| Hudson Community FoundationTHE BIG BARN BASH EVENT | Hudson, OH | $1K | 2021 |
| Akron Marathon Charitable CorporationGENERAL OPERATIONAL SUPPORT | Akron, OH | $1K | 2021 |
| Haven Of Rest MinistriesHEART OF THE HOME CAMPAIGN | Akron, OH | $1K | 2021 |
| University HospitalsTHE ESTABLISHMENT OF THE TOM AND JOY MURDOUGH FUND FOR SPORTS MEDICINE | Cleveland, OH | $20K | 2020 |
| Ocean Reef Medical Center FoundationGENERAL OPERATIONAL SUPPORT | Key Largo, FL | $20K | 2020 |
| Northeast Ohio Foundation For PatriotismGENERAL OPERATIONAL SUPPORT | Brecksville, OH | $10K | 2020 |
| Case Barlow FarmsBIG RED BARN RENOVATION PROJECT | Hudson, OH | $500 | 2020 |
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