Murphy Charitable Family Foundation logo

Murphy Charitable Family Foundation

ANKENY, IA EIN: 84-2711623 Website

Murphy Charitable Family Foundation is a private foundation based in Ankeny, Iowa. Established in 2020, the foundation is supported by Michael P Murphy and operates as a 501(c)(3) organization.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.9M

-5.3% YoY

Annual Giving

$508K

-10.4% YoY

Grant Count

12

+9.1% YoY

Avg Grant Size

$42K

-17.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grantmaking priorities include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

Grant Range

$500–$200,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Iowa
  • West Virginia
  • Texas

Grant Distribution by State

6states

Cities

AmesAnkenyCedar FallsCrowleyDes MoinesFort DodgeFort WorthFranklinIowa CityJohnstonMansonMorgantownNew YorkOkobojiRochesterRockwell CityWaterlooWaverlyWest Des Moines

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total assets: $4,876,225
  • Total giving: $508,200
  • Total revenues: $142,224
  • Total expenses: $528,418
  • Number of employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$569K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$4,876,225$5,147,847$5,472,541
Revenue$142,224$195,773$-8,125
Expenses$528,418$578,733$628,723
Qualifying Distributions$508,200$567,250$618,975
Net Investment Income$99,772$195,773$27,556
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$517K$1M$2M$2M8 grants202013 grants202111 grants202211 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Food Bank of Iowa$145KWest Virginia University…$100KCyclone Regional Trainin…$85KWe Will Collective$50KTwin Lakes Golf Course$32KWartburg College$32KHope Lutheran Church$30KPowerhouse Foundation$23KAmerican Cancer Society$8KPolk City Community Foun…$3K

Grant Size Distribution

55 grants across all recorded years

32<$50K9$50–100K7$100–250K1$250–500K6$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Michael P Murphy — Chief Executive Officer (listed with $0 compensation as of May 2024)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Michael MurphyCEO
Miranda S MurphyDirector
Megan J MurphyDirector
Riley R MurphyDirector

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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