DANIEL MURPHY SCHOLARSHIP FUND

As filed

Subsection

03

Classification

1000

Street

140 S DEARBORN ST STE 820

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• FINANCIAL ASSISTANCE - THE FUND PROVIDES SCHOLARSHIPS AND OTHER FINANCIAL SUPPORT TO ECONOMICALLY DISADVANTAGED CHICAGO AREA STUDENTS ALLOWING THEM TO ATTEND LEADING PRIVATE AND PAROCHIAL HIGH SCHOOLS IN THE CHICAGO AREA AND TOP BOARDING SCHOOLS ACROSS THE COUNTRY. DURING THE 2024/2025 AND 2023/2024 SCHOOL YEARS, THE FUND SERVED 495 AND 444 SCHOLARS, RESPECTIVELY.

  Expenses $3,726,115 · Grants $2,222,976

• COLLEGE COUNSELING - THE FUND WORKS WITH SCHOLARS THROUGHOUT THEIR FOUR YEARS IN HIGH SCHOOL AND MOST INTENSIVELY IN THEIR JUNIOR AND SENIOR YEARS, ASSISTING THE SCHOLARS AS THEY SEARCH FOR AN APPROPRIATE COLLEGE AND FOR FUNDING TO HELP PAY FOR THAT COLLEGE.

  Expenses $159,188

• SUMMER OPPORTUNITIES, INCLUDING THE CADDIE PROGRAM - THE OBJECTIVE OF THE SUMMER OPPORTUNITIES PROGRAM IS TO PRESENT SCHOLARS WITH SUMMER JOB OPPORTUNITIES, INTERNSHIPS, CULTURAL AND STUDY ABROAD PROGRAMS, SPORTS PROGRAMS AND COMMUNITY SERVICE PROGRAMS. AS PART OF THE SUMMER OPPORTUNITIES PROGRAM, THE FUND PROVIDES SUMMER GOLF CADDIE EMPLOYMENT OPPORTUNITIES FOR SCHOLARS. SCHOLARS CADDIE AT NEARBY COUNTRY CLUBS, EARNING INCOME, GAINING WORK EXPERIENCE AND DEVELOPING LIFE SKILLS.

  Expenses $263,087

• MENTORING - SCHOLARS WHO WISH TO PARTICIPATE ARE MATCHED WITH AN ADULT MENTOR FOR THEIR FOUR YEARS IN HIGH SCHOOL. THE FUND ALSO OPERATES AN AFFINITY PROGRAM, IN WHICH TEN TO FIFTEEN STUDENTS MEET EVERY OTHER WEEK WITH AN ADULT FACILITATOR TO DISCUSS ISSUES COMMON TO MANY OF THE SCHOLARS.TUTORING - THE FUND HELPS FIND AND FUND TUTORS FOR SCHOLARS WHOSE GPAS FALL BELOW 3.0 OR WHO SEEK ADDITIONAL HELP. THE FUND ALSO OPERATES A VIRTUAL TUTORING PLATFORM DURING THE SCHOOL YEAR.BRIDGE TO EXCELLENCE - THE FUND WORKS WITH LEAP! LEARNING SYSTEMS AND EDUCATIONAL ENDEAVORS TO PROVIDE TWO WEEKS OF MANDATORY CLASSES FOR ALL INCOMING FRESHMAN SCHOLARS, FOCUSING ON LANGUAGE SKILLS, TIME MANAGEMENTS, STUDY SKILLS AND CRITICAL THINKING.

  Expenses $447,103

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $6,775,501

  Expenses

  $6,109,791

  Contributions

  $6,655,769

  Grants paid

  $2,222,976

• 2023

  Revenue

  $5,827,649

  Expenses

  $5,459,465

  Contributions

  $5,694,841

  Grants paid

  $1,686,044

• 2022

  Revenue

  $4,167,481

  Expenses

  $4,893,562

  Contributions

  $4,294,145

  Grants paid

  $1,899,002

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $4,450,710

  Expenses

  $4,384,376

  Assets (EOY)

  $11,823,483

• 2020 · 990

  Revenue

  $5,172,439

  Expenses

  $4,032,625

  Assets (EOY)

  $13,887,675

• 2019 · 990

  Revenue

  $3,594,138

  Expenses

  $3,781,418

  Assets (EOY)

  $11,920,435

• 2018 · 990

  Revenue

  $3,507,181

  Expenses

  $4,037,018

  Assets (EOY)

  $11,122,959

• 2017 · 990

  Revenue

  $3,303,322

  Expenses

  $3,899,269

  Assets (EOY)

  $11,723,684

• 2016 · 990

  Revenue

  $3,594,362

  Expenses

  $3,844,516

  Assets (EOY)

  $11,690,164

• 2015 · 990

  Revenue

  $5,179,468

  Expenses

  $3,641,512

  Assets (EOY)

  $11,136,939

• 2014 · 990

  Revenue

  $4,738,243

  Expenses

  $3,390,736

  Assets (EOY)

  $9,228,019

• 2013 · 990

  Revenue

  $3,533,677

  Expenses

  $2,824,491

  Assets (EOY)

  $8,098,959

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $2,840,210

  Assets (EOY)

  $7,435,321

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• NATIONAL PHILANTHROPIC TR

  $343,000

  2022 · EDUCATION

• NATIONAL PHILANTHROPIC TR

  $339,659

  2023 · EDUCATION

• NATIONAL PHILANTHROPIC TR

  $329,500

  2024 · EDUCATION

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $286,830

  2023 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $271,216

  2024 · For grant recipient's exempt purposes

• DONOR ADVISED CHARITABLE GIVING

  $231,500

  2024 · EDUCATION

• THE CHICAGO COMMUNITY TRUST

  $229,000

  2024 · General support for programs, operations and other charitable purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $179,316

  2022 · For grant recipient's exempt purposes

• AMERICAN ONLINE GIVING FOUNDATION INC

  $119,074

  2024 · GENERAL SUPPORT

• DONOR ADVISED CHARITABLE GIVING

  $116,050

  2023 · EDUCATION

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files