Murrill Foundation Inc

HOLLY RIDGE, NC EIN: 56-6068245

Murrill Foundation Inc is a private foundation, based in HOLLY RIDGE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $572K in total assets. In 2024, it awarded 16 grants totaling $60K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$572K

-1.1% YoY

Annual Giving

$60K

+32.2% YoY

Grant Count

16

-27.3% YoY

Avg Grant Size

$4K

+81.8% YoY

Under IRS private-foundation payout rules, Murrill Foundation Inc reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

About Murrill Foundation Inc

Based on IRS filings

Murrill Foundation Inc is a private foundation, based in HOLLY RIDGE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $572K in total assets. In 2024, it awarded 16 grants totaling $60K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

Camp PendletonCarrboroCaryChapel HillChesapeakeClaremontDallasDurhamGreenvilleHedwig VillageHolly RidgeHoly RidgeHoustonKatyMissoulaOceansideOmahaPhilaPhiladelphiaRaleigh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18K$37K$55K$74K20202021202220232024
Metric202420232022
Total Assets$572,237$578,875$559,458
Revenue$4,509$3,879$2,065
Expenses$61,247$48,563$44,921
Qualifying Distributions$67,000$52,693$42,036
Net Investment Income$2,481$277
Distributable Amount$25,543$26,575$28,073

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$30K$45K$60K12 grants202016 grants202118 grants202222 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HOUSTON LIVESTOCK SHOW R…$24KRICE UNIVERSITY ATHLETIC…$6KUNC-OFFICE OF UNIVERSITY…$5KSOUTHERN SMOKE FOUNDATION$5KFOUNDATION FOR INDIVIDUA…$4KNC CENTER ON ACTUAL INNO…$3KINTERCOLLEGIATE STUDIES …$3KALLIANCE DEFENDING FREEDOM$3KMAKE A WISH FOUNDATION$2KCHURCH OF THE HOLY TRINITY$2K

Grant Size Distribution

84 grants across all recorded years

84<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Houston Livestock Show Rodeo ($24,000), Rice University Athletic Department ($6,000), Unc-office of University Developmen ($5,000).

RecipientPurposeAmount
HOUSTON LIVESTOCK SHOW RODEO HOUSTON, TXEDUCATIONAL$24,000
INTERCOLLEGIATE STUDIES INSTITUTE GREENVILLE, DECORE PROGRAMING$2,500
NCVMF NCSU VETERINARY FOUNDATION RALEIGH, NCEDUCATIONAL$1,000
SALEM COLLEGE FUND WINSTON SALEM, NCEDUCATIONAL$500
UNC-OFFICE OF UNIVERSITY DEVELOPMEN CHAPEL HILL, NCSCIENTIFIC$5,000
THE V FOUNDATION CARY, NCCANCER RESEARCH$200
SOUTHERN SMOKE FOUNDATION HOUSTON, TXCOMMUNITY HEALTH$5,000
RICE UNIVERSITY ATHLETIC DEPARTMENT HOUSTON, TXRESEARCH & ENGAGEMENT$6,000
NC CENTER ON ACTUAL INNOCENCE DURHAM, NCCOMMUNITY$2,575
MAKE A WISH FOUNDATION RALEIGH, NCLIFE THREATING MEDICAL ILLNESS$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BARRY M TAYLORPRESIDENT/TREASURER

Frequently Asked Questions

How large is Murrill Foundation Inc?

As of 2024, Murrill Foundation Inc holds $572K in total assets with $5K in annual revenue. It awarded 16 grants totaling $60K in 2024.

Where does Murrill Foundation Inc operate?

Murrill Foundation Inc has awarded grants in Arizona, California, Delaware, Montana, North Carolina, Nebraska, Pennsylvania, Texas, Virginia.

What size grants does Murrill Foundation Inc award?

In 2024, Murrill Foundation Inc awarded 16 grants totaling $60K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Murrill Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Murrill Foundation Inc reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Murrill Foundation Inc's EIN?

Murrill Foundation Inc's EIN (Employer Identification Number) is 56-6068245. IRS Form 990 filing data is available on this page for 2020–2024.

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

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