Skip to content

New York · Nonprofit

LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION

LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION (New York) receives grants from 8 organizations whose IRS filings report $131,237 to it, the largest being RONKONKOMA RC CHARITABLE FUND INC ($103,500). 2 of them have funded it in more than one year.

Revenue FY2024
$238k
Funders on record
8
Grants received
$131k
Net assets
$983k
2/8 repeat funderspeak grant-dependency 15%
01What it does

What Lt Michael P Murphy Usn Memorial Scholarship Foundation does

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

As stated on its FY2024 Form 990.

Programs

On its FY2024 return the organization reported starting a significant new program.

In 2024, the scholarship foundation funded a new scholarshaip award for an employee with the Catholic Health System at St Charles hospital and adding in 2025 another scholarshp in the Catholic Health System to an employe of Good Smaratian hospital in Bayshore, NY. The foundation als atarted a scholarship program in the Sayville Schhol Dostrict in the amount of 2,500 to a graduating senior in honor of a fallen Aerican patriot lost as a result of actions in Iraq. The foundation also increased its support from 25,000 to 35,000 to the American Veterans Center annual conference and Gala in Washington DC to support Penn State NROTC cadets to attend the conference. The foundation for 2025 has also started a scholarship program in the Smithtown School District of scholarship awards in the amount of 2,500 each to be awarded to a grduating senior at Smithtown East and West High School.

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. 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. Michael is listed as a distingushed penn state graduate and there is a monument to honor him in the center of campus of penn state at it main campus in university park. Michaels mural with angel wings is also on the side of the penn state book store and a room in the liberal arts building carries his name and a portrait.

    $50,000 spent
    25% of program spending
  2. 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 teams to the present day war on terro including a dedicated exihbition hall to lt murphys seal team sdvt01 and the battle of operation redwings. This dual purpose building also houses the sea cadet training facility to teach leadership skills to our future leaders in the united states sea cadet corps including housing the lt michael p murphy sea cadet division which is a 501c3 non profit charity

    $26,000 spent
    13% of program spending
  3. Funding provided for 4 patchogue medford high school michaels alma mater scholorship awards of 5,000 each year for 4 years of college. This scholorship award is offered each year to one graduating student totaling 20,000 over 4 years in incraments of 5,000 a year. The scholorship foundation now funds 4 graduating seniors now attending college in the freshman, sophmore, junior and senior year. The foundation also matches the patchgue medford high school award in michaels name of 500 making a total high school scholership of 1,000 started ny ms. Connelly, a teacher at patchogue medford high school to honor her good friend and high school classmate michael murphy.

    $20,500 spent
    10% of program spending
  4. Program Service Expenses 101,775, Grants and allocations 0, Revenue 0 see descripuion in section O

    $101,775 spent
    51% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $198,275.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($211k) Expenses 100 ($164k) Net assets 100 ($925k)2021 Revenue 114 ($241k) Expenses 107 ($176k) Net assets 107 ($990k)2022 Revenue 62 ($131k) Expenses 111 ($182k) Net assets 101 ($938k)2023 Revenue 87 ($184k) Expenses 109 ($179k) Net assets 102 ($943k)2024 Revenue 113 ($238k) Expenses 121 ($198k) Net assets 106 ($983k)
20202021202220232024
Revenue (113)Expenses (121)Net assets (106)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $925k to $990k (+7%).

$925k
$990k
$938k
$943k
$983k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

95% of LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$46k
’20
$65k
’21
−$51k
’22
$5k
’23
$39k
’24
60
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Daniel J Murphy

Chairman, board of directors

As listed on its FY2024 Form 990.

20202021202220232024
Listed19999
Joined··+0+0+0
No longer listed··000
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 2 funders, grant income rose $6k → $27k.

3 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION leans on a few funders — its largest provides 79% of grant income and the top three 91%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION.

79%
largest funder
91%
top three
~2
effective funders

Largest funder’s share by year: 2018 96% · 2019 100% · 2020 100% · 2021 100% · 2022 80% · 2023 93% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

25% of LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION's funders are still giving 3 years after their first grant; 25% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

99% of LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION's grant income comes from New York funders.

NY
CT
SC

In-state vs out-of-state, by year

’18
’19
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $20k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION holds deeper cash reserves than three-quarters of the 22,812 education nonprofits its size.

Operating margin17% · above the median
Months of reserve59.5mo · top quartile
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Organizations like LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

9
board members
67%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

94%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION?
LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION (New York) receives grants from 8 organizations whose IRS filings report $131,237 to it, the largest being RONKONKOMA RC CHARITABLE FUND INC ($103,500). 2 of them have funded it in more than one year.
How many funders does LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION have?
IRS filings report 8 organizations giving $131,237 in grants to LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION?
RONKONKOMA RC CHARITABLE FUND INC is the largest funder on record, with $103,500 in grants. The full list of funders is on this page.
How can an organization like LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing