Stuart & Eulene Murray Foundation

Foundation · Grantmaker ATLANTA, GA EIN: 58-1936483

The Stuart & Eulene Murray Foundation is a private foundation established in September 1991 and based in Atlanta, Georgia. As a 501(c)(3) organization, the foundation operates as an independent grantmaking entity with a selective, trustee-directed approach to philanthropy.

Key facts about Stuart & Eulene Murray Foundation

EIN
58-1936483
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,309,283
Grants made (2024)
16
Average grant
$144,330
Median grant
$50,000
Total assets
$46,016,761
Primary geography
Georgia (98% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No

Data from IRS Form 990-PF, 2024; updated June 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Stuart & Eulene Murray Foundation funds

By grant dollars, the top recipient states for Stuart & Eulene Murray Foundation's 16 itemized 2024 grants were Georgia (98%). The most frequent recipient cities were Atlanta, GA (6 grants), Brunswick, GA (2 grants) and Matthews, NC (2 grants). 94% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$46.0M

-0.3% YoY

Annual Giving

$2.3M

-13.0% YoY

Grant Count

16

+0.0% YoY

Avg Grant Size

$144K

-13.0% YoY

Under IRS private-foundation payout rules, Stuart & Eulene Murray Foundation reported a distributable amount of $2.5M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's mission focuses on supporting education, human services, arts, and philanthropic initiatives that serve children and youth, low-income populations, homeless individuals, students, and economically disadvantaged people. Primary funding areas include:

  • Education
  • Human Services
  • Arts and Culture
  • Philanthropy and Voluntarism
  • Community Health and Wellness

Grantmaking

Grant Range

$2,000 - $1,020,000

Average Grant

Amount: $165,900

How to Apply

es. The foundation does not accept unsolicited applications.

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in Georgia and North Carolina.

Grant Distribution by State

2states

Share of all 16 itemized 2024 grant dollars.

Cities

AtlantaBrunswickSt Simons IslandCovingtonWaleskaDecaturMatthewsHahiraKennesawPeachtree CornersTuckerAugustaDaculaJohns CreekMarietta

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $46,174,384
  • Total Revenue: $2,689,178
  • Total Expenses: $2,846,801
  • Total Liabilities: $0
  • Investment Income and Dividends: $1,312,831

As of 2023:

  • Total Assets: $46,174,384
  • Total Giving: $2,654,175
  • Investment Income and Dividends: $1,191,662
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$46,016,761$46,174,384$45,856,778
Revenue$2,689,178$3,412,801$4,015,593
Expenses$2,846,801$3,095,195$3,093,082
Qualifying Distributions$2,314,033$2,663,850$2,550,000
Net Investment Income$2,257,578$2,998,521$3,529,511
Distributable Amount$2,534,872$2,369,811$2,647,830

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$664K$1M$2M$3M11 grants202011 grants202114 grants202216 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The Lovett School: $1.5MThe Lovett School$1.5MThe Boyce L Ansley School: $220KThe Boyce L Ansley School$220KRescuing Hope: $123KRescuing Hope$123KThe Gathering Place: $80KThe Gathering Place$80KHope Thru Soap: $70KHope Thru Soap$70KHumane Society of South Coastal Georgia: $50KHumane Society of SouthCoastal Georgia$50KAbiding Love Charities: $50KAbiding Love Charities$50KReinhardt University: $50KReinhardt University$50KGeorgia Sheriffs' Youth Homes: $50KGeorgia Sheriffs' Youth Homes$50KMercy Ministries: $25KMercy Ministries$25K

Grant Size Distribution

68 grants across all recorded years

32<$50K14$50–100K7$100–250K8$250–500K1$500K–1M6$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include The Lovett School ($1,500,000), The Boyce L Ansley School ($220,000), Rescuing Hope ($123,283).

RecipientPurposeAmount
THE LOVETT SCHOOL ATLANTA, GAUNRESTRICTED$1,500,000
THE BOYCE L ANSLEY SCHOOL ATLANTA, GAUNRESTRICTED$220,000
RESCUING HOPE MARIETTA, GAUNRESTRICTED$123,283
THE GATHERING PLACE ATLANTA, GAUNRESTRICTED$80,000
HOPE THRU SOAP ATLANTA, GAUNRESTRICTED$70,000
HUMANE SOCIETY OF SOUTH COASTAL GEORGIA BRUNSWICK, GAUNRESTRICTED$50,000
ABIDING LOVE CHARITIES ST SIMONS ISLAND, GAUNRESTRICTED$50,000
REINHARDT UNIVERSITY WALESKA, GASCHOLARSHIP FUND$50,000
GEORGIA SHERIFFS' YOUTH HOMES HAHIRA, GAUNRESTRICTED$50,000
MERCY MINISTRIES AUGUSTA, GAUNRESTRICTED$25,400

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is governed by three trustees:

  • Joel Reed
  • Kelly Boudreau
  • Michael Williams

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Joel ReedTrustee——
Kelly BoudreauTrustee——
Michael WilliamsTrustee——
Gil WatsonTrustee——

Contact Information

Address: 4228 Wickersham Drive NW, Atlanta, GA 30327

Phone: 404-456-0536

EIN: 58-1936483

Frequently Asked Questions

What does Stuart & Eulene Murray Foundation fund?

The foundation's mission focuses on supporting education, human services, arts, and philanthropic initiatives that serve children and youth, low-income populations, homeless individuals, students, and economically disadvantaged people. Primary funding areas include: • Education • Human Services • Arts and Culture • Philanthropy and Voluntarism • Community Health and Wellness

How do I apply for a grant from Stuart & Eulene Murray Foundation?

The Stuart & Eulene Murray Foundation operates exclusively through trustee-selected grants rather than formal grant programs or public application processes. The foundation does not accept unsolicited applications. **Grant Characteristics:** • Grant Range: $2,000 - $1,020,000 • Median Grant Amount: $50,000 - $75,000 • Average Grant Amount: $165,900 • Giving Rate: 5.8% **Recent Grant Activity:** In 2023, the foundation made 16 grants totaling $2,654,175. Notable recent grants include: • The Love…

Where does Stuart & Eulene Murray Foundation make grants?

The foundation primarily supports organizations in Georgia and North Carolina.

What size grants does Stuart & Eulene Murray Foundation award?

In 2024, Stuart & Eulene Murray Foundation awarded 16 grants totaling $2.3M — an average of about $144K per grant, based on its IRS Form 990 filings.

How much is Stuart & Eulene Murray Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Stuart & Eulene Murray Foundation reported a distributable amount of $2.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Stuart & Eulene Murray Foundation's EIN?

Stuart & Eulene Murray Foundation's EIN (Employer Identification Number) is 58-1936483. IRS Form 990 filing data is available on this page for 2020–2024.

Does Stuart & Eulene Murray Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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