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Education : Scholarship and Financial Support

Daniel Murphy Scholarship Fund

Igniting potential, enriching lives

three stars

87.82

309 West Washington Suite 1250
Chicago, IL 60606
tel: (312) 455-7800   Web Site
EIN: 36-3675466

Board Leadership
Nancy Van Grinsven
Chairman

CEO
Andrew David
Executive Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 87.82 three stars
  Financial 83.04 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 12/01/2017 and includes data from FY2016, the most recent 990 received at that time.

The Daniel Murphy Scholarship Foundation (DMSF) was founded in 1989 by ten Chicago-based business associates, who set out to enrich the lives of Chicago youth by providing them with educational opportunities they would otherwise be unable to access. DMSF's mission is to provide four-year high school scholarships and academic support services to economically disadvantaged Chicago 8th grade students who demonstrate academic potential, in order to ensure they are properly prepared for college. DMSF works to ensure that financial constraints do not hinder a young person's ability to obtain a quality education.

The Daniel Murphy Scholarship Foundation (DMSF) was founded in 1989 by ten Chicago-based business associates, who set out to enrich the lives of Chicago youth by providing them with educational opportunities they would otherwise be unable to access. DMSF's mission is to provide four-year high school scholarships and academic support services to economically disadvantaged Chicago 8th grade students who demonstrate academic potential, in order to ensure they are properly prepared for college. DMSF works to ensure that financial constraints do not hinder a young person's ability to obtain a quality education.

Results Information

Reported Results
Total in 2015
Number of students enrolled
405
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This results data is current as of November 2017, when it was provided to us by GuideStar. Results information published on this organization's rating page has no effect on its rating at this time. data iconLearn More

Financial

three stars

83.04

Accountability & Transparency

four stars

97.00

This rating was published 12/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
74.5%
  Administrative Expenses 9.6%
  Fundraising Expenses 15.7%
  Fundraising Efficiency $0.12
  Working Capital Ratio (years) 2.85
  Program Expenses Growth 6.0%
  Liabilities to Assets 15.8%
All data for Financial Performance Metrics calculations was provided by Daniel Murphy Scholarship Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Daniel Murphy Scholarship Fund on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Daniel Murphy Scholarship Fund (IL) 87.82 three stars
Hispanic Scholarship Fund (CA) 89.06 three stars
Foster Care to Success (OH) 85.70 three stars
10,000 Degrees (CA) 90.25 four stars
Point Foundation (CA) 90.41 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,760,029
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,288,234
   Related Organizations $0
   Government Grants $0
Total Contributions $5,048,263
   Program Service Revenue $0
Total Primary Revenue $5,048,263
   Other Revenue $131,205
TOTAL REVENUE $5,179,468
   
EXPENSES  
   Program Expenses $2,690,829
   Administrative Expenses $360,911
   Fundraising Expenses $589,772
TOTAL FUNCTIONAL EXPENSES $3,641,512
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,537,956
   
Net Assets $9,367,175

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Financial Assistance $2,017,886 75.0%
Summer Opportunities $258,594 9.6%
Bridge to Excellence $135,059 5.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-08 12/01/2017 87.82 three stars
2015-08 11/01/2016 89.28 three stars
2014-08 06/01/2016 84.99 three stars
 
CN 2.0
2014-08 11/01/2015 81.26 three stars
2013-08 10/01/2014 85.81 three stars
2012-08 08/01/2013 89.70 three stars
2011-08 07/01/2012 89.33 three stars
2010-08 09/20/2011 84.32 three stars
 
CN 1.0
2009-08 09/01/2010 82.27 three stars
2008-08 02/01/2010 85.28 three stars
2007-08 07/01/2008 88.78 three stars
2006-08 08/01/2007 78.92 two stars
2005-08 07/01/2006 87.15 three stars
2004-08 12/01/2005 84.95 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 36-3675466
Name in IRS Master File DANIEL MURPHY SCHOLARSHIP FUND
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (40) Scholarships (other)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1990
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End August
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • August, 2017
  • August, 2016
  • August, 2015
  • August, 2014
  • August, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$157,199 4.31% Andrew B. David Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Daniel Murphy Scholarship Fund (IL) 87.82 three stars
Special Operations Warrior Foundation (FL) 96.46 four stars
UNCF (DC) 92.00 four stars
ACCESS College Foundation (VA) 93.57 four stars
Futures in Education (NY) 88.22 three stars

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Charity Contact Info

Daniel Murphy Scholarship Fund
309 West Washington
Suite 1250
Chicago, IL 60606
tel: (312) 455-7800
fax: (312) 455-7801
EIN: 36-3675466

Visit Web Site

Board Leadership

Nancy Van Grinsven
Chairman

CEO

Andrew David
Executive Director

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