Overview
What is Daniel Murphy Scholarship Fund?
The Daniel Murphy Scholarship Fund is a nonprofit organization committed to transforming the lives of economically disadvantaged Chicago students. Their mission is to offer high school scholarship assistance and educational support, aiming to make a significant impact in the scholars' lives, enabling them to thrive in their academic pursuits up until college. The fund's goal is to provide these students with the optimal chances for success during their high school and college years.
Official website here: www.dmsf.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Daniel Murphy Scholarship Fund has achieved an impressive score of 100%, reflecting a strong commitment to accountability and finance, as well as a robust culture and community engagement. The organization boasts a perfect score across multiple accountability measures, indicating effective governance practices, transparency, and strong oversight. The independent board's composition and the absence of any material asset diversions further enhance its credibility.
In terms of financial health, the Fund demonstrates exceptional efficiency with a program expense ratio of 74.12%, ensuring that a significant portion of its funds directly supports its mission. The organization also excels in fundraising efficiency, minimizing costs and maximizing the impact of donations. Additionally, constituents provide positive feedback, signifying that the Fund actively engages and values the opinions of those it serves.
Overall, the Daniel Murphy Scholarship Fund showcases exemplary practices in both financial management and community involvement. Its transparent operations and effective use of feedback highlight its dedication to fulfilling its mission of supporting students. There are no notable limitations or concerns indicated in the data, reinforcing the organization's strong reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Daniel Murphy Scholarship Fund?
100% of reviewers on Facebook recommend the Daniel Murphy Scholarship Fund, praising its impactful work. Here is a summary of their reviews:
Participants highlight the organization’s commitment to making a positive difference in the lives of students. The overwhelming consensus is that the scholarship fund is a transformative resource, providing crucial support that changes lives for the better. Many express appreciation for the dedication and excellence demonstrated by the organization.
Overall, the sentiment surrounding the Daniel Murphy Scholarship Fund is highly positive, with a strong endorsement from the community for the essential services it provides. The organization appears to be fulfilling its mission effectively, garnering enthusiasm and gratitude from those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Daniel Murphy Scholarship Fund legitimate?
Daniel Murphy Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daniel Murphy Scholarship Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $486,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $706,189
For more financial information, click here
Official website here: www.dmsf.org
What is the mission statement of Daniel Murphy Scholarship Fund?
The Daniel Murphy Scholarship Fund's mission is to make a significant impact in the lives of economically disadvantaged high school students in Chicago. By offering scholarship assistance and educational support, the fund aims to provide these students with the optimal chance to excel in their high school education and further studies. The primary objective of the Daniel Murphy Scholarship Fund is to set these scholars on a path to success in their academic pursuits.
Official website here: www.dmsf.org
Who is the CEO of Daniel Murphy Scholarship Fund?
Cindy Hallums is the Chief Advancement Officer(See Sch O) of Daniel Murphy Scholarship Fund.
Official website here: www.dmsf.org
What is the revenue of Daniel Murphy Scholarship Fund?
Daniel Murphy Scholarship Fund's revenue in 2022 was $4,450,710.
Official website here: www.dmsf.org
Who are the executives of Daniel Murphy Scholarship Fund and what are their salaries?
The average compensation at Daniel Murphy Scholarship Fund during 2022 was $70,156. There are 17 employees and 200 volunteers at Daniel Murphy Scholarship Fund.
Here are 18 key members and their salaries:
- Compensation: $201,873
- Related: $0
- Other: $5,850
- Compensation: $187,460
- Related: $0
- Other: $3,853
- Compensation: $137,800
- Related: $0
- Other: $4,727
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dmsf.org
Where can I find the form 990 for Daniel Murphy Scholarship Fund?
Daniel Murphy Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dmsf.org
Learn more at the official website: www.dmsf.org
Mission Statement of Daniel Murphy Scholarship Fund
The Daniel Murphy Scholarship Fund, an organization dedicated to helping economically disadvantaged high school students in Chicago, is on a mission to make a significant impact on their lives. Its goal is to offer scholarship assistance and educational support, aiming to provide these scholars with the optimal chance to excel in high school and further their education in college. By doing so, the Daniel Murphy Scholarship Fund aims to bring about a transformative change in the lives of its recipients, empowering them to reach their full potential.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Daniel Murphy Scholarship Fund significantly impacts the lives of Chicago students from economically disadvantaged backgrounds by offering high school scholarship assistance and comprehensive educational support. By removing financial barriers, the fund enables students to access quality high school education, fostering a nurturing environment for academic growth and personal development.
Through its initiatives, the scholarship fund empowers scholars with the resources they need to thrive, ultimately enhancing their chances of success in high school and paving the way for their future college endeavors. This support not only cultivates educational achievement but also instills confidence and ambition in young individuals, allowing them to envision and pursue brighter futures. The fund's commitment to transforming lives contributes to a cycle of positive change, as educated individuals go on to uplift their communities and inspire future generations.
This information is meant to be a general summary of Daniel Murphy Scholarship Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $282,818
- Gross Receipts: $6,660,059
Assets and Liabilities:
- Total Assets: $11,823,483
- Total Liabilities: $2,143,337
- Net Assets: $9,680,146
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1989
Phone
(312) 455-7800Principal Officer
Cindy Hallums
Main Address
309 W WASHINGTON SUITE 700, CHICAGO, IL, 60606
Website
www.dmsf.orgNTEE Category
Code: B82 - Education
If you are a representative of Daniel Murphy Scholarship Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.