Lucy J Mcmurtrie Foundation

DALLAS, TX EIN: 22-6426610

Lucy J Mcmurtrie Foundation is a private foundation focused on Education, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $486K in total assets. In 2024, it awarded 6 grants totaling $25K. Net investment income was $36K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$486K

+2.0% YoY

Annual Giving

$25K

-10.8% YoY

Grant Count

+500.0% YoY

Avg Grant Size

$4K

-85.1% YoY

Under IRS private-foundation payout rules, Lucy J Mcmurtrie Foundation reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.

About Lucy J Mcmurtrie Foundation

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $55K (43%)

Rhode Island $47K (37%)

New Jersey $7K (6%)

New York $4K (3%)

Delaware $4K (3%)

Massachusetts $4K (3%)

Pennsylvania $4K (3%)

Virginia $4K (3%)

States

Delaware Massachusetts New Jersey New York Pennsylvania Rhode Island Texas Virginia

Cities

BostonBronxDallasEwingLexingtonNewarkPittsburghSee Attached

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$486,429	$476,959	$499,791
Revenue	$42,129	$19,359	$58,547
Expenses	$33,555	$40,479	$44,981
Qualifying Distributions	$28,087	$34,333	$37,819
Net Investment Income	$36,301	$13,548	$52,903
Distributable Amount	$32,533	$29,610	$29,680

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The College of New Jersey Foundation Inc ($7,000), Fordham University ($4,000), Trustees of Boston University ($3,500).

Recipient	Purpose	Amount
Trustees of Boston University BOSTON, MA	UNRESTRICTED GENERAL	$3,500
Fordham University Bronx, NY	UNRESTRICTED GENERAL	$4,000
The College of New Jersey Foundation Inc Ewing, NJ	UNRESTRICTED GENERAL	$7,000
UNIVERSITY OF PITTSBURGH Pittsburgh, PA	SCHOLARSHIP	$3,500
UNIVERSITY OF DELAWARE NEWARK, DE	SCHOLARSHIPS	$3,500
Washington and Lee University Lexington, VA	UNRESTRICTED GENERAL	$3,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA NA	CO-TRUSTEE	1	$7,718
GEORGE W JOHNSON ESQ	CO-TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Lucy J Mcmurtrie Foundation?

Lucy J Mcmurtrie Foundation is a private foundation focused on Education, based in DALLAS, TX. It holds $486K in total assets as of 2024.

How large is Lucy J Mcmurtrie Foundation?

As of 2024, Lucy J Mcmurtrie Foundation holds $486K in total assets with $42K in annual revenue. It awarded 6 grants totaling $25K in 2024.

Where does Lucy J Mcmurtrie Foundation operate?

Lucy J Mcmurtrie Foundation has awarded grants in Delaware, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Texas, Virginia.

What size grants does Lucy J Mcmurtrie Foundation award?

In 2024, Lucy J Mcmurtrie Foundation awarded 6 grants totaling $25K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Lucy J Mcmurtrie Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lucy J Mcmurtrie Foundation reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.