Murphy's Backpacks Inc is a private foundation focused on Education, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $473K in total assets. In 2024, it awarded 3 grants totaling $61K. Net investment income was $16K.
Key facts about Murphy's Backpacks Inc
- EIN
- 82-3616959
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $61,223
- Grants made (2024)
- 3
- Average grant
- $20,408
- Median grant
- $20,350
- Total assets
- $472,583
- Primary geography
- Florida (68% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Murphy's Backpacks Inc funds
By grant dollars, the top recipient states for Murphy's Backpacks Inc's 3 itemized 2024 grants were Florida (68%) and Illinois (32%). 100% of grants with a stated purpose were for general or operating support.
How Murphy's Backpacks Inc gives
- Giving held roughly steady from 2021 to 2024 (−11%). Method
- In 2024 it paid out 266% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Murphy's Backpacks Inc
- How to evaluate Murphy's Backpacks Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Murphy's Backpacks Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$473K
-1.2% YoY
Annual Giving
$61K
+6.8% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$20K
+42.4% YoY
Under IRS private-foundation payout rules, Murphy's Backpacks Inc reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About Murphy's Backpacks Inc
Based on IRS filings
Murphy's Backpacks Inc is a private foundation focused on Education, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $473K in total assets. In 2024, it awarded 3 grants totaling $61K. Net investment income was $16K.
Focus Areas
Ready to take the next step with Murphy's Backpacks Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $472,583 | $478,549 | $502,069 |
| Revenue | $59,760 | $38,452 | $336,808 |
| Expenses | $65,726 | $61,972 | $55,734 |
| Qualifying Distributions | $63,362 | $58,721 | $52,377 |
| Net Investment Income | $15,761 | $5,015 | — |
| Distributable Amount | $23,818 | $24,086 | $13,803 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Shadowlawn Elementary School - Miami-Dade County School System ($21,071), Palmetto Elementary School - Collier County School System ($20,350), Joseph Lovett Elementary School - Chicago Public Schools ($19,802).
| Recipient | Purpose | Amount |
|---|---|---|
| SHADOWLAWN ELEMENTARY SCHOOL - MIAMI-DADE COUNTY SCHOOL SYSTEM Miami, FL | GENERAL PURPOSES | $21,071 |
| PALMETTO ELEMENTARY SCHOOL - COLLIER COUNTY SCHOOL SYSTEM Naples, FL | GENERAL PURPOSES | $20,350 |
| JOSEPH LOVETT ELEMENTARY SCHOOL - CHICAGO PUBLIC SCHOOLS Chicago, IL | GENERAL PURPOSES | $19,802 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jean E Sheridan | President and Director | 0.25 | — |
| Andrew S Cobb | Director | — | — |
| John F Cobb | Secretary and Director | — | — |
| Emily Link | VP; Treas; and Director | 0.25 | — |
| Abigail Sheridan | Director | — | — |
| Cristina Persico | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Murphy's Backpacks Inc?
Murphy's Backpacks Inc is a private foundation focused on Education, based in Chicago, IL. It holds $473K in total assets as of 2024.
How large is Murphy's Backpacks Inc?
As of 2024, Murphy's Backpacks Inc holds $473K in total assets with $60K in annual revenue. It awarded 3 grants totaling $61K in 2024.
Where does Murphy's Backpacks Inc operate?
Murphy's Backpacks Inc has awarded grants in Arizona, Florida, Illinois.
What size grants does Murphy's Backpacks Inc award?
In 2024, Murphy's Backpacks Inc awarded 3 grants totaling $61K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Murphy's Backpacks Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Murphy's Backpacks Inc reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Murphy's Backpacks Inc's EIN?
Murphy's Backpacks Inc's EIN (Employer Identification Number) is 82-3616959. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Murphy's Backpacks Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Chicago Community Trust
Chicago, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Arthur J Gallagher Foundation
Rolling Meadows, IL
Assets
—
Grants
2,692
Total Given
$1.6M
The Allstate Foundation
Northbrook, IL
Assets
—
Grants
2,010
Total Given
$38.0M
Elks National Foundation Inc
Chicago, IL
Assets
$885.0M
Grants
1,485
Total Given
$31.9M
Baxter International Foundation
Deerfield, IL
Assets
$67.5M
Grants
1,300
Total Given
$13.7M
John D and Catherine T Macarthur
Chicago, IL
Assets
$9.3B
Grants
1,086
Total Given
$356.1M
Arie and Ida Crown Memorial
Chicago, IL
Assets
—
Grants
897
Total Given
$115.2M
Jewish Federation of Metropolitan
Chicago, IL
Assets
$1.1B
Grants
839
Total Given
$176.8M
Polk Bros Foundation Inc
Chicago, IL
Assets
—
Grants
568
Total Given
$19.3M
Circle of Service Foundation
Chicago, IL
Assets
—
Grants
637
Total Given
$37.0M
Ea Mellinger Educational
Monmouth, IL
Assets
$23.3M
Grants
556
Total Given
$1.1M
Helen V Brach Foundation
Chicago, IL
Assets
$127.9M
Grants
553
Total Given
$5.9M
More Funders in Illinois
Data last updated September 2026. Sourced from IRS Form 990-PF filings.