Educational Institutions

Lt Michael P Murphy Usn Memorial Scholarship Foundation

  • Riverhead, NY
  • http://murphfoundation.org/

Mission Statement

The LT Michael P. Murphy Memorial Scholarship Foundation was formed by LT Murphy’s family in August 2005. The Foundation was given New York Department of Education approval and incorporated in New York, and has been granted IRS tax-exempt status as a 501(c)(3) nonprofit corporation with the expressed written purpose of providing academic scholarships.

Main Programs

  1. Scholarships

ruling year

2006

Chairman of the Board

Self-reported

Mr. Daniel J Murphy Esq.

Board Member

Self-reported

Ms. Maureen Murphy

Keywords

Self-reported

Scholarships

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EIN

16-1730124

 Number

2912757084

Contact

Cause Area (NTEE Code)

Fund Raising and/or Fund Distribution (B12)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

The LT Michael P. Murphy Memorial Scholarship Foundation was started in 2007 by Michael's parents Dan and Maureen and Michael's brother John. Michael was an avid reader and felt that education was key, in fact his favorite saying was "Education will set you free". That is why the Murphy Family used their own funds to start the Foundation. The Foundation Board started with Family and now seats nine members consisting of Dan, Maureen and John Murphy as well as other close family and friends committed to keeping Michael's life, service, sacrifice and legacy alive as well as that of his SEAL teammates. From it's humbled and honored beginnings of awarding one scholarship a year, the Foundation now awards 9 scholarships a year.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Scholarships

The scholarships presently being funded are as follows, two to graduates of Patchogue Medford High School, one through the Suffolk Federal Credit Union, one to a Wounded Warrior through the Military Order of the Purple Heart, one through Penn State University, one to a Crew or family member of the USS MICHAEL MURPHY DDG112, one to a LT Michael Murphy US Naval Sea Cadets, and one to a child of a fallen Special Operator through the Special Operations Warrior Foundation.

Category

Adult Education

Population(s) Served

Adults

None

None

Budget

$22,500.00

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    To grow the Foundation and increase the size and number of scholarships awarded to individuals and organizations that exhibit the honor the Michael lived his life.
  2. What are the organization's key strategies for making this happen?
    Grow the Memorial Day Murph and in kind donations. We have a new Foundation website that allows online donations which is new to 2013.
  3. What are the organization's capabilities for doing this?
    Not available.
  4. How will they know if they are making progress?
    Our financials continue to grow and as we grow so do the number of scholarships. We hope to add at least one a year or increase the amount of the scholarships already in place
  5. What have and haven't they accomplished so far?
    The Foundation started out at $15,000.00 from the Murphy Family contributions, At the end of fiscal year 2013 we had a balance of $237,231.29.

Social Media

External Reviews

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

LT michael P. MURPHY USN MEMORIAL
Fiscal year: Jan 01-Dec 31

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Operations

The people, governance practices, and partners that make the organization tick.

Lt Michael P Murphy Usn Memorial Scholarship Foundation

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair, Board Co-Chair and Board Members
  • Access to the GuideStar Community
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

Chairman of the Board

Mr. Daniel J Murphy Esq.

Board Member

Ms. Maureen Murphy

BIO

Daniel J. Murphy is the father of Navy SEAL LT Michael Murphy and started the Foundation with his own funds.

STATEMENT FROM THE Chairman of the Board

"Michael was an avid reader and believed that "education would set you free". We feel that by awarding scholarships we are honoring Mike's legacy and love of life and education."

Governance

BOARD CHAIR

Daniel Murphy

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization

Yes

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Yes

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Yes

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?


ORGANIZATIONAL DEMOGRAPHICS

In order to support nonprofits and gain valuable insight for the sector, GuideStar worked with D5—a five-year initiative to advance diversity, equity, and inclusion in philanthropy—in creating a questionnaire. This section is a voluntary questionnaire that empowers organizations to share information on the demographics of who works in and leads organizations. To protect the identity of individuals, we do not display sexual orientation or disability information for organizations with fewer than 15 staff. Any values displayed in this section are percentages of the total number of individuals in each category (e.g. 20% of all Board members for X organization are female).

Gender
Sexual Orientation

We do not display sexual orientation information for organizations with fewer than 15 staff.

Disability

We do not display disability information for organizations with fewer than 15 staff.

Diversity Strategies
No
We track retention of staff, board, and volunteers across demographic categories
No
We track income levels of staff, senior staff, and board across demographic categories
No
We track the age of staff, senior staff, and board
No
We track the diversity of vendors (e.g., consultants, professional service firms)
No
We have a diversity committee in place
No
We have a diversity manager in place
No
We have a diversity plan
No
We use other methods to support diversity