Sharon Young Murphy Foundation Inc

NAPLES, FL EIN: 85-1394707

Sharon Young Murphy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 29 grants totaling $125K. Net investment income was $68K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

-2.6% YoY

Annual Giving

$125K

-0.8% YoY

Grant Count

29

-9.4% YoY

Avg Grant Size

$4K

+9.5% YoY

Under IRS private-foundation payout rules, Sharon Young Murphy Foundation Inc reported a distributable amount of $129K for 2024 — the minimum it must pay out in qualifying distributions.

About Sharon Young Murphy Foundation Inc

Based on IRS filings

Sharon Young Murphy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 29 grants totaling $125K. Net investment income was $68K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

BooneBostonBrooklineChilmarkDallasDurhamDuxburyEdgartownFt MyersGainesvilleHagerstownHagertownMemphisMerrifieldNew YorkNorth AndoverOak BluffsPhoenixSalt Lake CitySan Rafael

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$769K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$2,474,038$2,538,960$2,632,145
Revenue$103,646$74,326$2,797,081
Expenses$165,435$155,657$164,936
Qualifying Distributions$125,000$126,000$148,000
Net Investment Income$68,211$73,554$56,441
Distributable Amount$129,394$120,800$125,402

Giving Over Time

Total grant dollars and number of grants per year

$0$37K$74K$111K$148K0 grants20200 grants202129 grants202232 grants202329 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN RED CROSS$30KDANA FARBER$7KST JUDES CHILDREN'S RESE…$6KMAKE A WISH$6KANIMAL SHELTER OF MARTHA…$5KDOCTORS WITHOUT BORDERS-…$5KCANCER CAN'T$5KAMERICAN CANCER SOCIETY$4KAMERICAN RED CROSSUKRAIN…$4KENVIRONMENTAL DEFENSE FUND$4K

Grant Size Distribution

90 grants across all recorded years

90<$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 American Red Cross ($30,000), Dana Farber ($7,000), St Judes Children's Research Hosp ($6,000).

RecipientPurposeAmount
AMERICAN CANCER SOCIETY HAGERTOWN, MDGENERAL USE$4,000
Joslin Diabetes Center BOSTON, MAGENERAL USE$3,000
AMERICAN HEART ASSOCIATION DALLAS, TXGENERAL USE$2,000
AMERICAN RED CROSS BOONE, IAGENERAL USE$30,000
AMERICAN RED CROSSUKRAINE RELIEF BOONE, IAGENERAL USE$4,000
ANIMAL SHELTER OF MARTHA'SVINEYARD EDGARTOWN, MAGENERAL USE$5,000
ASPCA WASHINGTON, DCGENERAL USE$3,000
COMPANION ANIMAL PROTECTION SOCIETY THOUSAND OAKS, CAGENERAL USE$2,000
DANA FARBER BROOKLINE, MAGENERAL USE$7,000
DOCTORS WITHOUT BORDERS-UKRAINE HAGERSTOWN, MDGENERAL USE$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

WILLIAM LEE WASHERPRESIDENT & DIRECTOR$500CANDACE YOUNG GUITTARVP & DIRECTOR$500LINDSAY MARIE BOHANSECRETARY & DIRECTOR$500GEOFFREY WILLETS YOUNGTREASURER & DIRECTOR$250COURTNEY YOUNG BRUENDIRECTOR$250

From 2024 filing

NameTitleHoursCompensation
WILLIAM LEE WASHERPRESIDENT & DIRECTOR0.5$500
CANDACE YOUNG GUITTARVP & DIRECTOR0.5$500
GEOFFREY WILLETS YOUNGTREASURER & DIRECTOR0.5$250
LINDSAY MARIE BOHANSECRETARY & DIRECTOR0.5$500
COURTNEY YOUNG BRUENDIRECTOR0.5$250

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sharon Young Murphy Foundation Inc?

Sharon Young Murphy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. It holds $2.5M in total assets as of 2024.

How large is Sharon Young Murphy Foundation Inc?

As of 2024, Sharon Young Murphy Foundation Inc holds $2.5M in total assets with $104K in annual revenue. It awarded 29 grants totaling $125K in 2024.

Where does Sharon Young Murphy Foundation Inc operate?

Sharon Young Murphy Foundation Inc has awarded grants in Arizona, California, District of Columbia, Florida, Iowa, Massachusetts, Maryland, North Carolina, New York, Tennessee, Texas, Utah, Virginia.

What size grants does Sharon Young Murphy Foundation Inc award?

In 2024, Sharon Young Murphy Foundation Inc awarded 29 grants totaling $125K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Sharon Young Murphy Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sharon Young Murphy Foundation Inc reported a distributable amount of $129K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sharon Young Murphy Foundation Inc's EIN?

Sharon Young Murphy Foundation Inc's EIN (Employer Identification Number) is 85-1394707. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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