Public Charity

LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION

Based in Riverhead, NY, LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION operates as a Public Charity. The organization reported $238K in revenue, $198K in expenses, $983K in total assets for fiscal year 2024. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $121K.

EIN: 161730124 Riverhead, NY Fund Raising & Fund Distribution NTEE: B12 Latest filing: 2024
Total Revenue$238K
Total Expenses$198K
Total Assets$983K
Grant Records7
Funding Total$121K
Filing Years2020–2024

Mission

NAVY SEAL LT MICHAEL P MURPHY POSTHUMONSLY AWARDED THE NATIONS HIGHEST AWARD FOR VALOR. THE MEDAL OF HONOR HAD A FAVORITE SAYING EDUCATION WILL SET YOU FREE AFTER LOSING MICHAEL IN AFGHANISTAN AND TO HONOR HIS LEGACY THE FAMILY SET UP THE SCHOLORSHIP FUND ORIGINALLY USING THE DEATH BENIFITS RECEIVED TO SUPPORT EDUCATIONAL OPPORTUNITIES

Where $100 goes at Lt Michael P Murphy Usn Memorial Scholarship Foundation

How Lt Michael P Murphy Usn Memorial Scholarship Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$52
Navy seal lt michael p murphy alma mater penn state offering th navy seal lt michael p murphy scholorship awards through the university selection process
52% of program spending
$27
Program grant to the lt michael p murphy seal museam/sea cadet training facility to promote naval special warfares history and legacy from the world war ii underwater demoiltion…
27% of program spending
$21
Funding provided for 4 patchogue medford high school michaels alma mater scholorship awards of 5,000 each year for 4 years of college
21% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

COMMITTEE MEMBER Catherine O'shea
CHAIRMAN, BOARD OF DIRECTORS Daniel J Murphy
SCHOLORSHIP COMMITTEE MEMBER Dee Wise Heinz
SCHOLORSHIP COMMITTEE MEMBER John D Murphy
SCHOLORSHIP COMMITTEE MEMBER Kristen M Bishop
COMMITTEE MEMBER Maureen P Boganshulz

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$11,342 3 grants
Unspecified
$109,500 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $238K $198K $983K
2023 $184K $179K $943K
2022 $131K $182K $938K
2020 $211K $164K $925K

Between 2020 and 2024, reported annual revenue grew from $211K to $238K (+13%), with total assets most recently reported at $983K.

Interactive year-over-year charts and full filing details available with membership.

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