The Murray Foundation Inc

JACKSON, TN EIN: 76-0708303

Education Health Diseases and conditions Human services

The Murray Foundation Inc is a private foundation focused on Education, based in JACKSON, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $193K in total assets. In 2024, it awarded 10 grants totaling $13K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$193K

-3.2% YoY

Annual Giving

$13K

+0.0% YoY

Grant Count

+11.1% YoY

Avg Grant Size

$1K

-10.0% YoY

Under IRS private-foundation payout rules, The Murray Foundation Inc reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About The Murray Foundation Inc

Based on IRS filings

Focus Areas

Education Health Diseases and conditions Human services

Ready to take the next step with The Murray Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $73K (100%)

States

Tennessee

Cities

Jackson

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$193,142	$199,555	$203,573
Revenue	$8,042	$9,832	$522
Expenses	$14,318	$13,648	$18,271
Qualifying Distributions	$13,000	$13,000	$17,500
Net Investment Income	$8,042	$9,832	$522
Distributable Amount	$9,627	$9,857	$10,572

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

50 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Care Center ($2,000), Exchange Center Carl Perkins ($2,000), Jackson Arts Council ($2,000).

Recipient	Purpose	Amount
CARE CENTER JACKSON, TN	BENEVOLENCE	$2,000
EXCHANGE CENTER CARL PERKINS JACKSON, TN	BENEVOLENCE	$2,000
FCA JACKSON, TN	BENEVOLENCE	$500
HOPE RECOVERY CENTER JACKSON, TN	BENEVOLENCE	$1,200
JACKSON ARTS COUNCIL JACKSON, TN	BENEVOLENCE	$2,000
RIFA JACKSON, TN	BENEVOLENCE	$1,000
YOUNG LIFE JACKSON, TN	BENEVOLENCE	$500
COMMUNITY FOUNDATION OF WEST TN JACKSON, TN	BENEVOLENCE	$2,000
LIBERTY GARDEN PARK CONSERVANCY JACKSON, TN	BENEVOLENCE	$1,000
MADISON COUNTY YOUTH BASEBALL JACKSON, TN	BENEVOLENCE	$800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
GERALD FERGUSON	DIRECTOR PRESIDENT	—	—
JUDITH MURRAY	DIRECTOR BOARD MEMBER	—	—
LUANNE STORY	DIRECTOR BOARD MEMBER	—	—
JAMES L EXUM	DIRECTOR SECRETARY	—	—

Subject Areas

Focus areas based on grantmaking activity

Education Health Diseases and conditions Human services

Frequently Asked Questions

What is The Murray Foundation Inc?

The Murray Foundation Inc is a private foundation focused on Education, based in JACKSON, TN. It holds $193K in total assets as of 2024.

How large is The Murray Foundation Inc?

As of 2024, The Murray Foundation Inc holds $193K in total assets with $8K in annual revenue. It awarded 10 grants totaling $13K in 2024.

Where does The Murray Foundation Inc operate?

The Murray Foundation Inc has awarded grants in Tennessee.

What size grants does The Murray Foundation Inc award?

In 2024, The Murray Foundation Inc awarded 10 grants totaling $13K — an average of about $1K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Murray Foundation Inc reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.