William H Murray Memorial Scholarship Trust

DALLAS, TX EIN: 59-6722136

William H Murray Memorial Scholarship Trust is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $540K. Net investment income was $5K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$540K

+1400.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$540K

+1400.0% YoY

Under IRS private-foundation payout rules, William H Murray Memorial Scholarship Trust reported a distributable amount of $28K for 2023 — the minimum it must pay out in qualifying distributions.

About William H Murray Memorial Scholarship Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $621K (100%)

States

Florida

Cities

Daytona Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$592,300	$584,412
Revenue	$-33,359	$124,348	$42,063
Expenses	$557,542	$56,921	$35,866
Qualifying Distributions	$550,646	$48,566	—
Net Investment Income	$4,861	$116,031	$35,389
Distributable Amount	$28,113	$33,799	$31,557

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2023

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Daytona State College Inc ($540,017).

Recipient	Purpose	Amount
DAYTONA STATE COLLEGE INC DAYTONA BEACH, FL	EDUCATIONAL SCHOLARSHIPS	$540,017

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$3,453

Frequently Asked Questions

Where does William H Murray Memorial Scholarship Trust operate?

William H Murray Memorial Scholarship Trust has awarded grants in Florida.

What size grants does William H Murray Memorial Scholarship Trust award?

In 2023, William H Murray Memorial Scholarship Trust awarded 1 grants totaling $540K — an average of about $540K per grant, based on its IRS Form 990 filings.

How much is William H Murray Memorial Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, William H Murray Memorial Scholarship Trust reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William H Murray Memorial Scholarship Trust's EIN?

William H Murray Memorial Scholarship Trust's EIN (Employer Identification Number) is 59-6722136. IRS Form 990 filing data is available on this page for 2020–2023.