William H Murray Memorial Scholarship Trust

Private foundation · Grantmaker 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 grant totaling $540K. Net investment income was $5K.

Key facts about William H Murray Memorial Scholarship Trust

In short: William H Murray Memorial Scholarship Trust gave $540K across 1 grant in 2023 (avg $540K), mostly in Florida. Source: 2023 IRS Form 990-PF.

EIN
59-6722136
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$540,017
Grants made (2023)
1
Average grant
$540,017
Median grant
$540,017
Primary geography
Florida (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$540K

+1400.0% YoY

Grant Count

1

+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.

How William H Murray Memorial Scholarship Trust gives

  • Giving grew 2600% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2023 grant dollars on its one itemized grant.

States

Cities

Daytona Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2020 1 grant2021 1 grant2022 1 grant2023

From 2020 to 2023, annual grant giving ranged from $20K (2020) to $540K (2023). In 2023 it made 1 grant totaling $540K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2023

Daytona State College Inc: $540KDaytona State College Inc$540K

The largest 2023 recipient was Daytona State College Inc ($540K).

Grant Size Distribution

4 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 4 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Daytona State College Inc Daytona Beach, FLEducational Scholarships$540,017

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023
Metric202320222021
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

William H Murray Memorial Scholarship Trust's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).

Officers on the 2023 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $10K (2022) → $3K (2023)

Former officers (1)
  • Former: Bank Of America N A (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Bank of America — Trustee: $3KBank of AmericaTrustee$3K

The highest reported compensation on the 2023 filing was $3K, to Bank of America (Trustee).

Frequently asked questions about William H Murray Memorial Scholarship Trust

How much does William H Murray Memorial Scholarship Trust give each year?

William H Murray Memorial Scholarship Trust gave $540K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $36K across 1 grant.

Where does William H Murray Memorial Scholarship Trust operate?

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

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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