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Murray C & Jo P Murphey Foundation Inc. is a private corporation based in MEMPHIS, TN. The foundation received its IRS ruling in 1992. The principal officer is Deborah White. It holds total assets of $1.4M. Annual income is reported at $911K. Total assets have grown from $567K in 2011 to $1.4M in 2023. 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. Grantmaking is concentrated in Tennessee. According to available records, Murray C & Jo P Murphey Foundation Inc. has made 15 grants totaling $300K, with a median grant of $20K. Annual giving has decreased from $120K in 2020 to $60K in 2023. Individual grants have ranged from $10K to $80K, with an average award of $20K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$20K
Average Grant
$40K
Largest Grant
$80K
Based on 3 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.
Murray C & Jo P Murphey Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in TN.
Murray C & Jo P Murphey Foundation Inc. has distributed a total of $300K across 15 grants. The median grant size is $20K, with an average of $20K. Individual grants have ranged from $10K to $80K.
Murray C & Jo P Murphey Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Murray C & Jo P Murphey Foundation Inc. is headquartered in MEMPHIS, TN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael R White | TREASURER, DIRECTOR | $0 | $0 | N/A |
| Deborah K White | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| Mark D Hickman | SECRETARY, DIRECTOR | $0 | $0 | N/A |
Total Giving
$75K
Total Assets
$1.4M
Fair Market Value
$1.7M
Net Worth
$1.4M
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$37K
Distribution Amount
$69K
Total: $1.1M
Total Grants
15
Total Giving
$300K
Average Grant
$20K
Median Grant
$20K
Unique Recipients
5
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hope Works IncCOMMUNITY SERVICES GENERAL FUNDS | Memphis, TN | $20K | 2023 |
| Agape Child And Family ServicesFAMILY SERVICES GENERAL FUNDS | Memphis, TN | $20K | 2023 |
| White Station Church Of ChristSOMA COLLEGE MINISTRY | Memphis, TN | $10K | 2023 |
| Harding School Of TheologyGENERAL FUND | Memphis, TN | $10K | 2023 |
| Harding Graduate School Of ReligionSCHOLARSHIPS AND GENERAL FUND | Memphis, TN | $80K | 2020 |