EIN 36-3675466

Daniel Murphy Scholarship Fund (DMSF)

IRS 501(c) type
501(c)(3)
Num. employees
22
Year formed
1989
Most recent tax filings
2023-08-01
Description
The Daniel Murphy Scholarship Fund (DMSF) seeks to make a life-altering difference in the lives of its Scholars by providing them with the best opportunity to succeed in high school and college.
Total revenues
$4,167,481
2023
Total expenses
$4,893,562
2023
Total assets
$11,816,152
2023
Num. employees
22
2023

Program areas at DMSF

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 2022/2023 and 2021/2022 school years, the Fund served 442 and 448 scholars, respectively.
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.
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.
Other: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.

Who funds Daniel Murphy Scholarship Fund (DMSF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustEducation$343,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$179,316
Abra Prentice FoundationSupport for Summer Bridge Program and Wellness Programming$150,000
...and 53 more grants received totalling $1,495,389

Personnel at DMSF

NameTitleCompensation
Cindy HallumsChief Executive Officer$209,297
Tim KennedyChief Advancement Officer$210,861
Jennifer TownselChief Education Officer
Jessica AyalaDirector of Marketing and Communications
Alina GonzalezDirector of Development - Individual Giving
...and 14 more key personnel

Financials for DMSF

RevenuesFYE 08/2023
Total grants, contributions, etc.$4,294,145
Program services$0
Investment income and dividends$211,138
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-13,981
Net income from fundraising events$-327,718
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,897
Total revenues$4,167,481

Form 990s for DMSF

Fiscal year endingDate received by IRSFormPDF link
2023-082024-07-15990View PDF
2022-082023-07-17990View PDF
2021-082022-07-13990View PDF
2020-082021-05-18990View PDF
2019-082021-02-09990View PDF
...and 9 more Form 990s
Data update history
October 2, 2024
Updated personnel
Identified 9 new personnel
August 29, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 25, 2024
Received grants
Identified 10 new grant, including a grant for $15,000 from David D and Mary F Grumhaus Fund
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $104,424 from American Online Giving Foundation
January 2, 2024
Received grants
Identified 15 new grant, including a grant for $150,000 from Abra Prentice Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Fundraising eventsEndowed supportCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
309 W Washington Suite 700
Chicago, IL 60606
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
dmsf.org/ 
Phone
(312) 455-7800
Facebook page
MurphyScholars 
Twitter profile
@murphyscholars 
IRS details
EIN
36-3675466
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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