Stuart & Eulene Murray Foundation

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.

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

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

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 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

Cities

AtlantaAugustaBrunswickCovingtonDaculaDecaturHahiraJohns CreekKennesawMariettaMatthewsPeachtree CornersSt Simons IslandTuckerWaleska

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

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 BOYCE L ANSLEY SCHOOL$220KRESCUING HOPE$123KTHE GATHERING PLACE$80KHOPE THRU SOAP$70KHUMANE SOCIETY OF SOUTH …$50KABIDING LOVE CHARITIES$50KREINHARDT UNIVERSITY$50KGEORGIA SHERIFFS' YOUTH …$50KMERCY 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

No grants recorded for .

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

From 2024 IRS filing

From 2024 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

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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