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Nonprofit · EIN 23-7113317

TULANE MURPHY FOUNDATION INC

Tax-exempt · NEW ORLEANS, LA 70118

Financials

$5.8M$2.8M2022$5.8M$3.4M2023$6.7M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of TULANE MURPHY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,661,484$3,505,937$3,155,547$124,424,384$0$124,424,384
June 30, 2024990$5,768,533$3,449,475$2,319,058$121,268,837$0$121,268,837
June 30, 2023990$5,794,454$2,836,034$2,958,420$118,949,779$0$118,949,779
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$6,661,484
Net gain from sales of assets
$3,681,190
Other revenue
$0

Expenses

Grants and similar amounts paid
$3,505,937
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$3,505,937

Balance sheet and other

Total assets, start of year
$121,268,837
Total assets, end of year
$124,424,384
Total liabilities, end of year
$0
Net assets, end of year
$124,424,384
Publicly traded securities
$98,808,017
Gross receipts
$10,896,238
Employees
0
Volunteers
0
Year formed
1971
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Patrick NortonVice President
Officer
0$0$1,032,000$319,000
Virginia WiseVice President
Officer
0$0$748,000$125,000
Lelia PeyronninTreasurer
Officer
0$0$198,000$34,000
Richard LernerTrustee
Trustee or director
0$0$0$0
Mark TiptonTrustee
Trustee or director
0$0$0$0
William MarkoTrustee
Trustee or director
0$0$0$0
Catherine PiersonTrustee
Trustee or director
0$0$0$0
Martha MurphyChair
Officer
0$0$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Patrick NortonVice President
Officer
0$0$968,000$276,000
Virginia WiseVice President
Officer
0$0$661,000$124,000
Lelia PeyronninTreasurer
Officer
0$0$188,000$32,000
Timothy FrancisTrustee
Trustee or director
0$0$0$0
Stephanie FeoliTrustee
Trustee or director
0$0$0$0
William MarkoTrustee
Trustee or director
0$0$0$0
Catherine PiersonTrustee
Trustee or director
0$0$0$0
Martha MurphyChair
Officer
0$0$0$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Patrick NortonVice President
Officer
0$0$877,000$142,000
Virginia WiseVice President
Officer
0$0$610,000$116,000
Lelia PeyronninTreasurer
Officer
0$0$173,000$29,000
Catherine PiersonTrustee
Trustee or director
0$0$0$0
Timothy FrancisTrustee
Trustee or director
0$0$0$0
Stephanie FeoliTrustee
Trustee or director
0$0$0$0
William MarkoTrustee
Trustee or director
0$0$0$0
Martha MurphyChair
Trustee or director
0$0$0$0

Address and contacts

Address (IRS master file)
1030 AUDUBON ST, NEW ORLEANS, LA 70118-5239
In care of
% MIRANDA HICKS
Principal officer (990 for 2024)
Martha Murphy, 200 Jefferson Street, Suite 100, Eldorado, AR 71730
Signed the 990
Patrick Norton, Vice President
Phone
(504) 865-5371

Mission

To support the educational mission of Tulane University.

990 for the year ended June 30, 2025

Program accomplishments

  • Education, General/Other: Grants to Tulane University (Education)
    Expenses $3,505,937 · grants $3,505,937 · revenue $6,661,484

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7113317
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B43I)
Assets (IRS master file)
$124,424,384
Income (IRS master file)
$10,896,238

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,661,484$3,505,937$124,424,384IRS
990June 2024$5,768,533$3,449,475$121,268,837IRS
990June 2023$5,794,454$2,836,034$118,949,779XML
990June 2022$21,128,517$2,620,359$115,991,359IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7113317).

Questions about TULANE MURPHY FOUNDATION INC

What is the EIN of TULANE MURPHY FOUNDATION INC?
The employer identification number (EIN) of TULANE MURPHY FOUNDATION INC is 23-7113317.
Is TULANE MURPHY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to TULANE MURPHY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does TULANE MURPHY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TULANE MURPHY FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TULANE MURPHY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TULANE MURPHY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names Martha Murphy.
Who are the officers and directors of TULANE MURPHY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does TULANE MURPHY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,661,484, expenses of $3,505,937 and total assets of $124,424,384 at year end.

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