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Murphy Charitable Family Foundation is a private corporation based in ANKENY, IA. The foundation received its IRS ruling in 2020. The principal officer is Michael P Murphy. It holds total assets of $4.9M. Annual income is reported at $627K. Total assets have decreased from $10M in 2019 to $5.1M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Iowa. According to available records, Murphy Charitable Family Foundation has made 30 grants totaling $3.3M, with a median grant of $50K. Annual giving has decreased from $2.1M in 2020 to $1.2M in 2022. Individual grants have ranged from $3K to $600K, with an average award of $110K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in Iowa and Minnesota and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$150K
Largest Grant
$785K
Based on 13 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.
Murphy Charitable Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in IA, MN, TX.
Murphy Charitable Family Foundation has distributed a total of $3.3M across 30 grants. The median grant size is $50K, with an average of $110K. Individual grants have ranged from $3K to $600K.
The application deadline is Requests must be received prior to December 31.. No restrictions are in place.
Murphy Charitable Family Foundation is headquartered in ANKENY, IA. While based in IA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Riley R Murphy | Director | $0 | $0 | N/A |
| Megan J Murphy | Director | $0 | $0 | N/A |
| Miranda S Murphy | Director | $0 | $0 | N/A |
| Michael Murphy | CEO | $0 | $0 | N/A |
Total Giving
$579K
Total Assets
$5.1M
Fair Market Value
$5.1M
Net Worth
$5.1M
Grants Paid
$567K
Contributions
N/A
Net Investment Income
$196K
Distribution Amount
N/A
Total: N/A
Total Grants
30
Total Giving
$3.3M
Average Grant
$110K
Median Grant
$50K
Unique Recipients
16
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Drake UniversityMens basketball restricted. | Des Moines, IA | $200K | 2022 |
| American Cancer SocietyProvide assistance to those going through cancer. | Iowa City, IA | $30K | 2022 |
| Food Bank Of IowaProvide meals to Iowans in need. | Des Moines, IA | $100K | 2022 |
| Wartburg CollegeExercise science facility and scholarship. | Waverly, IA | $71K | 2022 |
| Twin Lakes Bible CampSustain church activities. | Manson, IA | $60K | 2022 |
| Cyclone Regional Training CenterStudent athlete performance center. | Ankeny, IA | $50K | 2022 |
| We Will CollectiveSupport athletes under promotional strategy. | Des Moines, IA | $50K | 2022 |
| Powerhouse FoundationProvides meals to low income families. | Crowley, TX | $25K | 2022 |
| Fort Dodge Community SchoolsSupport educational programs. | Fort Dodge, IA | $25K | 2022 |
| Waterloo Christian SchoolSupport educational programs. | Waterloo, IA | $5K | 2022 |
| Polk City Community FoundationImproving quality of life in Polk City. | Des Moines, IA | $3K | 2022 |
| Mayo ClinicMedical treatment and research. | Rochester, MN | $600K | 2020 |
| Isu FoundationStudent athlete performance center. | Ames, IA | $500K | 2020 |
| Ankeny First United Methodist ChurcSustain church activities. | Ankeny, IA | $25K | 2020 |
| Variety The Children'S CharityImproving lives of children at-risk, underprivileged, ill, or living with special needs. | Des Moines, IA | $5K | 2020 |
| Wings Of RefugeSustain a safe house for survivors of sex trafficking. | Ames, IA | $5K | 2020 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA