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The Murray Foundation Inc. is a private corporation based in FRANCONIA, NH. The foundation received its IRS ruling in 1987. The principal officer is Jpmorgan. It holds total assets of $3.7M. Annual income is reported at $155K. Total assets have grown from $2.3M in 2011 to $3.8M in 2023. The foundation is governed by 4 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Connecticut, New Jersey and Florida. According to available records, The Murray Foundation Inc. has made 34 grants totaling $209K, with a median grant of $3K. Annual giving has grown from $9K in 2020 to $200K in 2022. Individual grants have ranged from $1K to $25K, with an average award of $6K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Florida, New Jersey, New York, which account for 41% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
The Murray Foundation Inc. is a small, closely held, multi-generational family foundation ($3.66M in assets as of the FY2025 Form 990-PF) run entirely by Murray family members with no paid program staff: R. Scott Murray (President), W. Stephen Murray (Vice President/Secretary across filings), Elizabeth Murray Hosea and Ellen Murray Kelsey (Directors), with Mary Murray Garrett and M. Timothy Murray also appearing as officers in earlier filings. Administrative and custodial functions run through a JPMorgan private-banking contact ("% Jpmorgan" on IRS records), and the foundation has no dedicated grants portal, no published RFP, and no stated deadline. Aggregator data describes its process as requiring "no special form" for a request — the hallmark of a foundation that runs on relationships and referrals rather than open solicitation.
The visible grant history (34 grants to 18 organizations, $209,000 total, averaging $6,147 each) shows each cause tracks back to a plausible family tie: ophthalmic disease research (Bascom Palmer Eye Institute, $50,000 across 2 grants, Miami), cancer research and patient support (Cancer Research Institute $40,000, First Descents $16,000, Breast Cancer Alliance $4,000, Tampa General Hospital Foundation $10,000), education (Brown University $20,000, Stuart Country Day School $15,000, Princeton National Rowing Association $7,000 combined), and land/water conservation clustered around family recreation geographies — Connecticut (Nature Conservancy-CT, Norwalk River Valley Trail, Ambler Farm), Colorado's Roaring Fork/Aspen Valley (Aspen Valley Land Trust), and national whitewater rivers (American Whitewater, American Whitewater Access).
First-time applicants should treat this as a warm-introduction funder, not a cold-application funder. Just eight states account for all recorded giving (CT 8, NJ 7, FL 5, CO 5, NC 3, NY 2, RI 2, VA 2 grants), and nearly every listed grantee sits inside a known family network — alma maters, hospitals treating family members, or local land trusts near family properties. Most of the 18 recurring recipients received exactly 2 grants in the visible window, indicating the foundation renews existing relationships far more often than it funds new proposals. Organizations without an existing tie to a Murray family member, an eye-disease or cancer-research mission, an Ivy League or elite prep-school education angle, or a CT/FL/NJ/CO conservation footprint should expect a cold approach to have low odds of success.
Annual giving has been volatile but has recently stabilized in a $200,000-$260,000 band. Grants paid by fiscal year: FY2015 $265,000, FY2019 $50,000, FY2020 just $9,000 (a COVID-era collapse), FY2021 $165,000, FY2022 $100,000, FY2023 $200,000, FY2024 $213,739, FY2025 $209,463 (most recent 990-PF, filed 2026-05-07). Total giving (grants plus related expenses) tracked similarly: $42,552 (FY2020) up to $256,576 (FY2023). The step-change came from a $635,489 contribution added to the corpus in FY2022, which combined with a strong FY2023 investment year ($1.72M in net investment income against $1.76M total revenue) to lift total assets from $2.03M (FY2021) to $3.76M (FY2023) and $3.66M (FY2025) — giving capacity has essentially doubled since 2021.
On a per-grant basis, the most recent 990-PF grant list shows 14 grants ranging $500-$40,000, with a $7,500 median and $11,786 average. The broader 34-grant/18-recipient history pulls the average down further to $6,147, with only Bascom Palmer Eye Institute ($50,000 cumulative across 2 grants) and Cancer Research Institute ($40,000 cumulative) crossing $20,000 in total support to any one organization; most recipients receive $2,000-$10,000 per grant.
By cause area, of the $209,000 sampled: eye/vision research and accessibility takes roughly 36% ($75,000: Bascom Palmer Eye Institute x2 plus Learning Ally), cancer research and patient services roughly 33% ($70,000: Cancer Research Institute, First Descents, Breast Cancer Alliance, Tampa General Hospital Foundation), education roughly 20% ($42,000: Brown University, Stuart Country Day School, Princeton National Rowing Association), and land/water conservation roughly 11% ($24,000: Nature Conservancy-CT and -FL, Aspen Valley Land Trust, Norwalk River Valley Trail, American Whitewater, American Whitewater Access, Ambler Farm). Geographically, Connecticut and New Jersey/Florida each account for roughly 40% and 35% of grant count respectively, with a distinct fifth-grant Colorado cluster centered on the Aspen/Roaring Fork Valley.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| The Murray Foundation Inc. (Franconia, NH / Wilton, CT) | $3.66M (FY2025) | ~$209K (FY2025) | Eye/cancer research, education, land conservation (family-directed) | No form required; unsolicited but relationship-driven |
| Norwin S. & Elizabeth N. Bean Foundation (Manchester, NH) | $12.9M | ~$1.2M total / 65 grants (median $15K) | Arts, education, environment, health, human services in Manchester/Amherst, NH | Open application for 501(c)(3)s serving those two towns |
| The Goodnow Fund (Darien, CT) | $21.1M | ~$5.2M revenue | Vulnerable children, education access, environment in Fairfield County | Invitation/LOI-based |
| The Josef and Anni Albers Foundation (Bethany, CT) | $27.2M | ~$5.7M revenue | Arts, education, social justice | Application by request |
The Murray Foundation is the smallest and least formal of this set by a wide margin — roughly a quarter of the Bean Foundation's asset base and one-eighth of Goodnow's or Albers's, with no published geographic mandate, staff, or grant guidelines of the kind Bean Foundation offers (Bean explicitly serves Manchester/Amherst nonprofits through a stated open-application process). Where Bean, Goodnow, and Albers all publish some form of guidelines or invitation process, Murray operates purely on family-trustee discretion and prior relationships, making it structurally closer to a large-scale personal giving vehicle than to an institutional grantmaker — a pattern reflected in its higher grant-count-to-recipient overlap (most of its 18 recurring recipients get funded repeatedly rather than the pool rotating).
No press coverage, press releases, or public announcements were found for The Murray Foundation Inc. under any of its known identifiers (EIN 13-3421590) — it maintains no functioning public website; the domain listed for it in third-party aggregator data, themurrayfoundation.org, in fact belongs to an unrelated youth-basketball nonprofit in North Liberty, Iowa (Corda Sports Performance Center / Murray Elite Basketball), and grant seekers should disregard that site entirely when researching this funder.
The most concrete recent activity is filing-based. The foundation's FY2025 Form 990-PF (filed May 7, 2026) shows total assets of $3,655,051 and distributions of $209,463, both essentially level with FY2024 ($213,739 in giving) and FY2023 ($200,000-$256,576 depending on the measure used). The larger recent story is the FY2022 capital event: a $635,489 contribution to the corpus — the only contributions_received figure recorded across the financial history reviewed — which, paired with a strong FY2023 investment year (+$1,715,648 net investment income), roughly doubled the foundation's asset base from just over $2M (FY2021) to $3.6-3.8M (FY2023-2025) and restored giving to its historical $200K+ level after bottoming out at only $9,000 in grants paid during FY2020. The FY2025 filing also shows President R. Scott Murray drawing $7,000 in officer compensation for the first time in the record reviewed (all prior years show $0 for every officer) — a minor governance change worth noting for anyone trying to track who is actively steering the foundation today.
There is no portal, downloadable form, LOI template, or stated deadline for this foundation — aggregator data describes its process simply as requiring "no special form," and the foundation's IRS filings list its administrative contact as "% Jpmorgan" (a private-banking relationship manager), not a program officer. In practice this means: (1) Do not search for an online application — the only website associated with the name in public data (themurrayfoundation.org) belongs to a different, unrelated organization, and applying through it will reach the wrong nonprofit. (2) Route any inquiry as a mailed letter to the foundation's registered address (213 Parkview Drive, Franconia, NH 03580), since there is no evidence of email or web intake. (3) Lead with alignment to one of the four demonstrated cause areas — ophthalmic/eye-disease research, cancer research or cancer-patient support, elite/independent-school or collegiate education, or land and water conservation in Connecticut, Colorado's Roaring Fork Valley, or Florida — proposals outside these lanes have no precedent in the visible grant history. (4) Size the ask to the foundation's actual pattern: a $7,500 median grant and a $500-$40,000 range, with only two organizations ever receiving more than $20,000 cumulatively; a first-time request above $25,000 is out of step with everything on record. (5) Expect a relationship, not a competition — nearly every recurring grantee received exactly two grants across the window reviewed, consistent with a board that renews commitments to organizations already known to a trustee (an alma mater, a hospital that treated a family member, a local land trust) rather than reviewing an open applicant pool. The single most common mistake an unaffiliated organization can make with this funder is investing in a polished formal proposal package before securing a personal introduction — build the relationship first (a shared board member, a funded peer organization, or the family's advisory contacts) since the foundation's own filings show no infrastructure for evaluating cold submissions on the merits alone.
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Smallest Grant
$500
Median Grant
$8K
Average Grant
$12K
Largest Grant
$40K
Based on 14 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.
Annual giving has been volatile but has recently stabilized in a $200,000-$260,000 band. Grants paid by fiscal year: FY2015 $265,000, FY2019 $50,000, FY2020 just $9,000 (a COVID-era collapse), FY2021 $165,000, FY2022 $100,000, FY2023 $200,000, FY2024 $213,739, FY2025 $209,463 (most recent 990-PF, filed 2026-05-07). Total giving (grants plus related expenses) tracked similarly: $42,552 (FY2020) up to $256,576 (FY2023). The step-change came from a $635,489 contribution added to the corpus in FY202.
The Murray Foundation Inc. has distributed a total of $209K across 34 grants. The median grant size is $3K, with an average of $6K. Individual grants have ranged from $1K to $25K.
The Murray Foundation Inc. is a small, closely held, multi-generational family foundation ($3.66M in assets as of the FY2025 Form 990-PF) run entirely by Murray family members with no paid program staff: R. Scott Murray (President), W. Stephen Murray (Vice President/Secretary across filings), Elizabeth Murray Hosea and Ellen Murray Kelsey (Directors), with Mary Murray Garrett and M. Timothy Murray also appearing as officers in earlier filings. Administrative and custodial functions run through a.
The Murray Foundation Inc. is headquartered in FRANCONIA, NH. While based in NH, the foundation distributes grants to organizations across 8 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| R Scott Murray | PRESIDENT | $0 | $0 | N/A |
| Wstephen Murray | V.P. | $0 | $0 | N/A |
| Elizabeth Murray Hosea | DIRECTOR | $0 | $0 | N/A |
| Ellen Murray Kelsey | DIRECTOR | $0 | $0 | N/A |
Total Giving
$257K
Total Assets
$3.8M
Fair Market Value
$3.8M
Net Worth
$3.8M
Grants Paid
$200K
Contributions
N/A
Net Investment Income
$1.7M
Distribution Amount
$169K
Total Grants
34
Total Giving
$209K
Average Grant
$6K
Median Grant
$3K
Unique Recipients
18
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversityFROM MAKING THE DREAM OF A BROWN EDUCATION POSSIBLE FOR A DESERVING STUDENT TO SUPPORTINGPATHBRAKING RESEARCH ON DISEASE TO REVITALIZING CAMPUS | Providence, RI | $10K | 2022 |
| Bascolm Palmer Eye InstitutePOISED TO UNDERSTAND WHY THE EYE MAY BECOME SUSCEPTIBLE TO DISEASE AND HOW BIOTECHNOLOGIESMAY HELP TO PREVENT THESE CONDITIONS | Miami, FL | $25K | 2022 |
| Cancer Research InstituteDEDICATED EXCLUSIVELY TO ADVANCING IMMUNOTHERAPY TO TREAT,CONTROL AND CURE ALL CANCERS | New York, NY | $20K | 2022 |
| Learning AllyPROVIDES RECORDED AND COMUTERIZED TEXBOOKS TO VISUALLY IMPAIRED | Princeton, NJ | $10K | 2022 |
| First DescentsPROVIDES LIFE CHANGING OUTDOOR ADVENTURES FOR YOUNG ADULTS IMPACTED BY CANCER AND OTHERSERIOUS HEALTH CONDITIONS | Denver, CO | $8K | 2022 |
| Stuart Country Day SchoolEDUCATION | Princeton, NJ | $8K | 2022 |
| Tampa General Hospital FoundationCRUCIAL SOURCE OF FUNDING FOR THE HOSPITALS MISSION TO HEAL,TEACH.INNOVATE AND CARE FOR EVEYONE | Tampa, FL | $5K | 2022 |
| The Nature Conservancy-ConnecticutTO PRESERVE PLANTS,ANIMALS AND NATURAL COMMUNITIES | New Haven, CT | $3K | 2022 |
| Princeton National Rowing AssociationTO SUPPORT THE TRAINING OF OUR NATION'S COMPETITVE ROWING TEAMS | Princeton Jct, NJ | $3K | 2022 |
| Norwalk River Valley TrailBUILD AND MAINTAIN A 30 MILE TEN-FOOT WIDE MULTI-USE TRAIL FROM CALF PASTURE BEACH IN NORWALKPASSING THROUGH WILTON.RIDGEFIELD AND REDDING TERMINATING AT ROGERS PARK IN DANBURY | Wilton, CT | $2K | 2022 |
| Breast Cancer AllianceINVESTMENTS IN EARLY STAGE RESEARCH,FELLOWSHIPS,EDUCATION AND SUPPORT FOR BREAST CANCER | Greenwich, CT | $2K | 2022 |
| American Whitewater AccessTO CONSERVE AND RESTORE AMERICA'S WHITEWATER RESOURCES | Cullowhee, NC | $2K | 2022 |
| Ambler FarmAPPRECIATION AND RESPECT FOR OUR LAND.OUR HERITAGE.OUR ANIMALS,AND EACH OTHER THROUGHIMMERSIVE PROGRAMS,COMMUNITY EVENTS AND SUSTAINABLE FARMING | Wilton, CT | $1K | 2022 |
| Nature Conservancy-FloridaWORKING TO CREATE A WORLD WHERE PEOPLE AND NATURE CAN THRIVE | Arlington, VA | $1K | 2022 |
| Aspen Valley Land TrustTO PROVIDE ENJOYMENT AND RECREATION IN THE GREATER ROARING FORK AND COLORADO RIVER VALLEYS | Carbondale, CO | $1K | 2022 |
| Bascom Palmer Eye Institure - Univ Of Miami Miller Sch Of MedicineOPHTHALMIC RESEACH & EDUCATION | Miami, FL | $5K | 2020 |
| The Princeton National Rowing AssocCREATE AN ENVIRONMENT WHERE ROWERS OF ALL AGES AND TALENTS CAN BENEFIT FROM THE SPORT OF ROWING. | Princeton Junction, NJ | $2K | 2020 |
| American WhitewaterPROTECT AND RESTORE AMERICA'S WHITEWATER RIVERS. | Sylva, NC | $1K | 2020 |