The Murdock Foundation

MAGNOLIA, TX EIN: 38-2638239

The Murdock Foundation is a private foundation focused on Education, based in MAGNOLIA, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $331K in total assets. In 2024, it awarded 7 grants totaling $63K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$331K

-12.1% YoY

Annual Giving

$63K

-3.8% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$9K

-3.8% YoY

Under IRS private-foundation payout rules, The Murdock Foundation reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

About The Murdock Foundation

Based on IRS filings

The Murdock Foundation is a private foundation focused on Education, based in MAGNOLIA, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $331K in total assets. In 2024, it awarded 7 grants totaling $63K. Net investment income was $17K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AddisonAdrianAllianceAnn ArborAve MariaBowling GreenCantonDetroitEast LansingGrand RapidsHillsdaleHoughtonHudsonJacksonKalamazooKentOxfordSpring ArborWinona Lake

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$110K$165K$220K20202021202220232024
Metric202420232022
Total Assets$331,409$376,976$423,915
Revenue$18,029$19,901$4,970
Expenses$63,520$66,878$36,595
Qualifying Distributions$62,500$65,000$35,000
Net Investment Income$17,009$18,023$3,375
Distributable Amount$16,825$19,687$21,761

Giving Over Time

Total grant dollars and number of grants per year

$0$24K$47K$71K$95K3 grants20207 grants20215 grants20227 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

HILLSDALE COLLEGE$30KHUDSON MUSEUM$10KUNIVERSITY OF MICHIGAN$5KNORTH POINT COLLEGE$5KMICHIGAN TECHNOLOGY UNIV…$5KMIAT COLLEGE OF TECHNOLOGY$5KAVA MARIA UNIVERSITY$3K

Grant Size Distribution

29 grants across all recorded years

28<$50K1$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 Hillsdale College ($30,000), Hudson Museum ($10,000), University of Michigan ($5,000).

RecipientPurposeAmount
HILLSDALE COLLEGE HILLSDALE, MIGENERAL OPERATING SUPPORT$30,000
HUDSON MUSEUM HUDSON, MIGENERAL OPERATING SUPPORT$10,000
UNIVERSITY OF MICHIGAN ANN ARBOR, MIGENERAL OPERATING SUPPORT$5,000
NORTH POINT COLLEGE GRAND RAPIDS, MIGENERAL OPERATING SUPPORT$5,000
AVA MARIA UNIVERSITY AVE MARIA, FLGENERAL OPERATING SUPPORT$2,500
MICHIGAN TECHNOLOGY UNIVERSITY HOUGHTON, MIGENERAL OPERATING SUPPORT$5,000
MIAT COLLEGE OF TECHNOLOGY CANTON, MIGENERAL OPERATING SUPPORT$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CURTIS J MANNTRUSTEE
BART A MURDOCKPRES/TRES/SEC/DIR
RACHEL M YOUNGTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Murdock Foundation?

The Murdock Foundation is a private foundation focused on Education, based in MAGNOLIA, TX. It holds $331K in total assets as of 2024.

How large is The Murdock Foundation?

As of 2024, The Murdock Foundation holds $331K in total assets with $18K in annual revenue. It awarded 7 grants totaling $63K in 2024.

Where does The Murdock Foundation operate?

The Murdock Foundation has awarded grants in Florida, Indiana, Michigan, Ohio.

What size grants does The Murdock Foundation award?

In 2024, The Murdock Foundation awarded 7 grants totaling $63K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is The Murdock Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Murdock Foundation reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Murdock Foundation's EIN?

The Murdock Foundation's EIN (Employer Identification Number) is 38-2638239. 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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