DANIEL MURPHY SCHOLARSHIP FUND: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: DANIEL MURPHY SCHOLARSHIP FUND (EIN 36-3675466)
Tax period: 2013-09-01 to 2014-08-31
Filed: 2015-03-23
IRS object ID: 201530829349300838
Schema version: 2013v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule I
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-03-23T18:53:53-05:00	ReturnTs
Tax Period End	2014-08-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	362938874	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	OSTROW REISIN BERK & ABRAMS LTD	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	455 N CITYFRONT PLAZA DR SUITE 1500	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	60611	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-09-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	363675466	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DANIEL MURPHY SCHOLARSHIP FUND	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	DANI	BusinessNameControlTxt
Phone	3124557800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	309 W WASHINGTON SUITE 1250	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	60606	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ANDREW B DAVID	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	3124557800	PhoneNum
Signature	2015-03-20	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JAMES G QUAID	PreparerPersonNm
PTIN	P00641738	PTIN
Phone	3126707444	PhoneNum
Preparation	2015-03-10	PreparationDt

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ANDREW B DAVID	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	309 W WASHINGTON SUITE 1250	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	60606	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$7,968,955	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.DMSF.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1989	FormationYr
Legal Domicile State	IL	LegalDomicileStateCd
Activity Or Mission	THE MISSION OF THE DANIEL MURPHY SCHOLARSHIP FUND IS TO GIVE HIGH SCHOOL SCHOLARSHIP ASSISTANCE AND EDUCATIONAL SUPPORT TO CHICAGO STUDENTS FROM ECONOMICALLY DISADVANTAGED BACKGROUNDS. THE FUND 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.	ActivityOrMissionDesc
Voting Members Governing Body	15	VotingMembersGoverningBodyCnt
Voting Members Independent	15	VotingMembersIndependentCnt
Total Employee	18	TotalEmployeeCnt
Total Volunteers	250	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$2,333,208	PYContributionsGrantsAmt
CY Contributions Grants	$2,653,699	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$516,874	PYInvestmentIncomeAmt
CY Investment Income	$939,123	CYInvestmentIncomeAmt
PY Other Revenue	-$51,441	PYOtherRevenueAmt
CY Other Revenue	-$59,145	CYOtherRevenueAmt
PY Total Revenue	$2,798,641	PYTotalRevenueAmt
CY Total Revenue	$3,533,677	CYTotalRevenueAmt
PY Grants And Similar Paid	$1,420,985	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$1,406,462	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$859,347	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$840,464	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$401,389	CYTotalFundraisingExpenseAmt
PY Other Expenses	$559,878	PYOtherExpensesAmt
CY Other Expenses	$577,565	CYOtherExpensesAmt
PY Total Expenses	$2,840,210	PYTotalExpensesAmt
CY Total Expenses	$2,824,491	CYTotalExpensesAmt
PY Revenues Less Expenses	-$41,569	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$709,186	CYRevenuesLessExpensesAmt
Total Assets BOY	$7,435,321	TotalAssetsBOYAmt
Total Assets EOY	$8,098,959	TotalAssetsEOYAmt
Total Liabilities BOY	$1,524,152	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,563,349	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$5,911,169	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$6,535,610	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE PART I LINE 1.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,683,075	ExpenseAmt
Grant	$1,385,251	GrantAmt
Desc	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 2014 AND 2013, THE FUND SERVED 348 AND 330 SCHOLARS, RESPECTIVELY.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$178,147	ExpenseAmt
Grant	$21,211	GrantAmt
Desc	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 OPPORTUNTIES PROGRAM, THE FUND PROVIDES SUMMER GOLF CADDIE EMPLOYMENT OPPORTUNITIES FOR SCHOLARS. SCHOLARS LIVE IN COLLEGE DORMS AND CADDIE AT NEARBY COUNTRY CLUBS, EARNING INCOME, GAINING WORK EXPERIENCE AND DEVELOPING LIFE SKILLS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$123,368	ExpenseAmt
Desc	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.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmt	DescDesc
$121,559	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 MANAGEMENT, STUDY SKILLS AND CRITICAL THINKING.
$48,397	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.
$25,147	TUTORING- THE FUND HELPS FIND AND FUND TUTORS FOR SCHOLARS WHOSE GPA'S FALL BELOW 3.0 OR WHO SEEK ADDITIONAL HELP.

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$195,103	TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses	$2,179,693	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	16	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	18	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	15	GoverningBodyVotingMembersCnt
Independent Voting Member	15	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ANDREW B DAVID	BusinessNameLine1

Field	Value	IRS element (for citing)
Phone	3124557800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	309 W WASHINGTON SUITE 1250	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	60606	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
LORETTA COONEY
CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
JUSTIN FOLEY
VICE CHAIR	5.00	Yes (X)	Yes (X)	$0	$0	$0
MICHAEL MILLHOUSE
TREASURER	5.00	Yes (X)	Yes (X)	$0	$0	$0
NANCY VAN GRINSVEN
SECRETARY	5.00	Yes (X)	Yes (X)	$0	$0	$0
JORGE ALONSO
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
MARTHA O'BRYAN
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
ROBERT COONEY
BOARD MEMBER-TERM	5.00	Yes (X)		$0	$0	$0
PATRICK KEMPTON
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
CHUCK GATELY
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
BILL ROGERS
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
SCOTT KILREA
BOARD MEMBER-TERM	5.00	Yes (X)		$0	$0	$0
THOMAS DWYER
BOARD MEMBER-TERM	5.00	Yes (X)		$0	$0	$0
MARY O'LEARY
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
DAVID SHAW
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
JAMES EPSTEIN
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
MARY JO DEMAIO
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
ROCKY LOPEZ
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
GREG ZEEMAN
BOARD MEMBER	5.00	Yes (X)		$0	$0	$0
ANDREW B DAVID
EXECUTIVE DIRECTOR	60.00		Yes (X)	$149,925	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$149,925	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Fundraising	$1,367,069	FundraisingAmt
All Other Contributions	$1,286,630	AllOtherContributionsAmt
Noncash Contributions	$207,659	NoncashContributionsAmt
Total Contributions	$2,653,699	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$207,137	TotalRevenueColumnAmt
Exclusion	$207,137	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$4,766,208	SecuritiesAmt
Other	$4,500	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$4,038,722	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$727,486	SecuritiesAmt
Other	$4,500	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$731,986	TotalRevenueColumnAmt
Related Or Exempt Func Income	$731,986	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$337,411	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$1,367,069	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$396,556	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$59,145	TotalRevenueColumnAmt
Exclusion	-$59,145	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,533,677	TotalRevenueColumnAmt
Related Or Exempt Func Income	$731,986	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$147,992	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$1,406,462	TotalAmt
Program Services	$1,406,462	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$154,000	TotalAmt
Program Services	$45,553	ProgramServicesAmt
Management And General	$42,997	ManagementAndGeneralAmt
Fundraising	$65,450	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$558,768	TotalAmt
Program Services	$312,412	ProgramServicesAmt
Management And General	$52,023	ManagementAndGeneralAmt
Fundraising	$194,333	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$11,465	TotalAmt
Program Services	$8,180	ProgramServicesAmt
Management And General	$1,650	ManagementAndGeneralAmt
Fundraising	$1,635	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$60,741	TotalAmt
Program Services	$28,425	ProgramServicesAmt
Management And General	$7,734	ManagementAndGeneralAmt
Fundraising	$24,582	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$55,490	TotalAmt
Program Services	$27,891	ProgramServicesAmt
Management And General	$7,382	ManagementAndGeneralAmt
Fundraising	$20,217	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$26,781	TotalAmt
Management And General	$26,781	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$49,034	TotalAmt
Management And General	$49,034	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$96,847	TotalAmt
Program Services	$80,715	ProgramServicesAmt
Management And General	$11,697	ManagementAndGeneralAmt
Fundraising	$4,435	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$54,294	TotalAmt
Program Services	$19,413	ProgramServicesAmt
Management And General	$6,412	ManagementAndGeneralAmt
Fundraising	$28,469	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$107,068	TotalAmt
Program Services	$79,676	ProgramServicesAmt
Management And General	$8,218	ManagementAndGeneralAmt
Fundraising	$19,174	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$12,473	TotalAmt
Program Services	$10,086	ProgramServicesAmt
Management And General	$806	ManagementAndGeneralAmt
Fundraising	$1,581	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$14,200	TotalAmt
Program Services	$6,382	ProgramServicesAmt
Management And General	$3,542	ManagementAndGeneralAmt
Fundraising	$4,276	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,000	TotalAmt
Program Services	$504	ProgramServicesAmt
Management And General	$132	ManagementAndGeneralAmt
Fundraising	$364	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$20,419	TotalAmt
Program Services	$10,264	ProgramServicesAmt
Management And General	$2,715	ManagementAndGeneralAmt
Fundraising	$7,440	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
CADDIE PROG-ROOM/BOARD	$78,218	$78,218
TUTORING	$21,038	$21,038
PROV FOR DOUBTFUL ACCTS	$19,875		$19,875
SCHOLAR RECRUIT & INTER	$13,534	$13,534

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$62,784	TotalAmt
Program Services	$30,940	ProgramServicesAmt
Management And General	$2,411	ManagementAndGeneralAmt
Fundraising	$29,433	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,824,491	TotalAmt
Program Services	$2,179,693	ProgramServicesAmt
Management And General	$243,409	ManagementAndGeneralAmt
Fundraising	$401,389	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$13,185	BOYAmt
EOY	$12,938	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$765,577	BOYAmt
EOY	$852,305	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$432,375	BOYAmt
EOY	$366,200	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$500	BOYAmt
EOY	$20,000	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$910	BOYAmt
EOY	$89,933	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$18,001	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$12,001	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$7,000	BOYAmt
EOY	$6,000	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$6,194,662	BOYAmt
EOY	$6,732,373	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$21,112	BOYAmt
EOY	$19,210	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,435,321	BOYAmt
EOY	$8,098,959	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$75,915	BOYAmt
EOY	$66,452	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$1,398,810	BOYAmt
EOY	$1,382,165	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$22,350	BOYAmt
EOY	$81,230	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$27,077	BOYAmt
EOY	$33,502	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,524,152	BOYAmt
EOY	$1,563,349	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,420,232	BOYAmt
EOY	$4,005,197	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,490,937	BOYAmt
EOY	$2,530,413	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,911,169	BOYAmt
EOY	$6,535,610	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,435,321	BOYAmt
EOY	$8,098,959	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$709,186	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$84,745	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,211,461	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,798,732	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,632,574	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,333,208	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,653,699	CurrentTaxYearAmt
Total	$12,629,674	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,211,461	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,798,732	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,632,574	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,333,208	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,653,699	CurrentTaxYearAmt
Total	$12,629,674	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$660,503	SubstantialContributorsTotAmt
Public Support Total170	$11,969,171	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$178,631	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$356,901	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$115,454	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$182,342	CurrentTaxYearMinus1YearAmt
Current Tax Year	$207,137	CurrentTaxYearAmt
Total	$1,040,465	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	-$12,722	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	-$79,177	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$240,950	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$477,865	CurrentTaxYearMinus1YearAmt
Current Tax Year	$337,411	CurrentTaxYearAmt
Total	$964,327	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$14,634,466	TotalSupportAmt
Public Support CY170	0.81790	PublicSupportCY170Pct
Public Support PY170	0.85740	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$6,194,662	BeginningYearBalanceAmt
Contributions	$40,500	ContributionsAmt
Investment Earnings Or Losses	$851,536	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$305,291	GrantsOrScholarshipsAmt
Administrative Expenses	$49,034	AdministrativeExpensesAmt
End Year Balance	$6,732,373	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$5,728,871	BeginningYearBalanceAmt
Contributions	$2,836	ContributionsAmt
Investment Earnings Or Losses	$742,171	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$227,000	GrantsOrScholarshipsAmt
Administrative Expenses	$52,216	AdministrativeExpensesAmt
End Year Balance	$6,194,662	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$4,359,519	BeginningYearBalanceAmt
Contributions	$1,124,079	ContributionsAmt
Investment Earnings Or Losses	$488,858	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$200,000	GrantsOrScholarshipsAmt
Administrative Expenses	$43,585	AdministrativeExpensesAmt
End Year Balance	$5,728,871	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$3,586,174	BeginningYearBalanceAmt
Contributions	$351,617	ContributionsAmt
Investment Earnings Or Losses	$521,728	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$100,000	GrantsOrScholarshipsAmt
End Year Balance	$4,359,519	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$3,034,739	BeginningYearBalanceAmt
Contributions	$467,391	ContributionsAmt
Investment Earnings Or Losses	$116,044	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$32,000	GrantsOrScholarshipsAmt
End Year Balance	$3,586,174	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.68030	BoardDesignatedBalanceEOYPct
Term Endowment Balance EOY	0.31970	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$18,001	OtherCostOrOtherBasisAmt
Depreciation	$12,001	DepreciationAmt
Book Value	$6,000	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$6,000	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	DEFERRED RENT	Desc
Amt	$33,502	Amt

Field	Value	IRS element (for citing)
Total Liability	$33,502	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,406,395	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$84,748	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$6,500	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	-$78,248	RevenueNotReportedAmt
Revenue Subtotal	$3,484,643	RevenueSubtotalAmt
Investment Expenses Not Incld	$49,034	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$49,034	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,533,677	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,781,957	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$6,500	DonatedServicesUseFcltsAmt
Expenses Not Reported	$6,500	ExpensesNotReportedAmt
Expenses Subtotal	$2,775,457	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$49,034	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$49,034	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,824,491	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART V, LINE 4:

THE DANIEL MURPHY SCHOLARSHIP FUND MAINTAINS TWO ENDOWMENT FUNDS. THE FIRST ENDOWMENT FUND IS EXECUTIVE COMMITTEE DESIGNATED. THESE FUNDS WILL GROW IN PERPETUITY WHILE GENERATING ANNUAL SPENDING ALLOWANCES TO SUPPORT FUND OPERATIONS AND PROGRAMS. THE FUND IS ENTITLED TO EXPEND AN AMOUNT EQUAL TO NO MORE THAN 5% OF THE AVERAGE MARKET VALUE OF THE ENDOWMENT OVER THE EIGHT MOST RECENT FISCAL QUARTERS. THE DANIEL MURPHY SCHOLARSHIP FUND ALSO HAS A DONOR RESTRICTED ENDOWMENT THAT IS A TERM ENDOWMENT. ON AN ANNUAL BASIS, THE FUND CAN EXPEND THIS ENDOWMENT TO COVER A FIXED NUMBER OF SCHOLARSHIPS.

PART X, LINE 2:

THE FUND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3), 509(A)(1) AND 170(B)(1)(A)(VI) OF THE CODE. THE FUND HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT THE FUND WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2014 AND 2013. ALL FEDERAL AND STATE TAX AND/OR INFORMATION RETURNS OF THE FUND FOR TAX YEARS ENDED AUGUST 31, 2011, 2012 AND 2013 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE RETURNS WERE FILED.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Name Of Event1	GOLF OUTING	NameOfEvent1Amt
Gross Receipts Event1	$1,595,466	GrossReceiptsEvent1Amt
Charitable Contri Event1	$1,280,837	CharitableContriEvent1Amt
Gross Revenue Event1	$314,629	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$361,276	OtherDirectExpensesEvent1Amt
Name Of Event2	WOMEN'S LUNCHEON	NameOfEvent2Amt
Gross Receipts Event2	$49,025	GrossReceiptsEvent2Amt
Charitable Contri Event2	$32,868	CharitableContriEvent2Amt
Gross Revenue Event2	$16,157	GrossRevenueEvent2Amt
Other Direct Expenses Event2	$20,421	OtherDirectExpensesEvent2Amt
Other Events Total	2	OtherEventsTotalCnt
Gross Receipts Other Events	$59,989	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$53,364	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$6,625	GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events	$14,859	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$1,704,480	GrossReceiptsTotalAmt
Charitable Contributions Tot	$1,367,069	CharitableContributionsTotAmt
Gross Revenue Total Events	$337,411	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$396,556	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$396,556	DirectExpenseSummaryEventsAmt
Net Income Summary	-$59,145	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS AND TRAVEL BENEFITS - SCHOLARS	GrantTypeTxt
Recipient	348	RecipientCnt
Cash Grant	$1,406,462	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	DANIEL MURPHY SCHOLARSHIP FUND PAYS TUITION DIRECTLY TO SCHOOLS ON BEHALF OF THE SCHOLARS. ALTHOUGH THE GRANTS ARE FOR THE SCHOLARS, THEY DO NOT CONTROL HOW THE MONEY IS SPENT. THE FUND MONITORS THE SCHOLARS' GRADES THROUGHOUT THEIR TENURE AS A DANIEL MURPHY SCHOLAR.	ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	15	ContributionCnt
Noncash Contributions Rpt F990	$207,659	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (1)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 32B:	FormAndLineReferenceDesc
Explanation	DANIEL MURPHY SCHOLARSHIP FUND HAS A STOCK BROKER WHO SELLS ALL STOCK DONATIONS UPON RECEIPT.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	ROBERT J. COONEY, ADVISORY BOARD MEMBER, IS MARRIED TO LORETTA COONEY, CHAIR OF THE BOARD. NANCY VAN GRINSVEN, BOARD SECRETARY, IS MARRIED TO MARK VAN GRINSVEN, WHO IS ON THE ADVISORY BOARD.
FORM 990, PART VI, SECTION A, LINE 4	THE BYLAWS WERE AMENDED TO INCLUDE A CHAIRMAN'S COUNCIL TO THE CORPORATION, WHICH WILL SERVE AS THE AMBASSADORS FOR THE CORPORATION AND ASSISTING IN THE CORPORATION'S DEVELOPMENT DUTIES. IN ADDITION, THE TERM OF A DIRECTOR HAS INCREASED FROM TWO YEARS TO THREE YEARS, AND A DIRECTOR IS ABLE TO SERVE AN UNLIMITED NUMBER OF TERMS. THE BOARD'S LEADERS WILL NOW BE REFERRED TO AS CHAIR AND VICE CHAIR, AND THE EXECUTIVE DIRECTOR IS NOW IDENTIFIED AS AN OFFICER. THERE IS NO LIMIT ON THE NUMBER OF BOARD MEMBERS. THE DUTIES OF VARIOUS COMMITTEES HAVE BEEN REVISED, AS WELL AS RE-NAMED SEVERAL COMMITTEES.
FORM 990, PART VI, SECTION B, LINE 11	AFTER FORM 990 IS PREPARED BY THE FUND'S CPA FIRM, IT IS REVIEWED BY DANIEL MURPHY SCHOLARSHIP FUND'S EXECUTIVE DIRECTOR, PRESIDENT, AND TREASURER BEFORE BEING FINALIZED. A COPY IS PROVIDED TO THE FUND'S GOVERNING BODY BEFORE IT IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	THROUGH THE EFFORTS OF THE EXECUTIVE DIRECTOR, ALL CONFLICTS OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE OFFICERS AND THE EXECUTIVE COMMITTEE AS SOON AS THEY ARISE.
FORM 990, PART VI, SECTION B, LINE 15	DANIEL MURPHY SCHOLARSHIP FUND HAS A COMPENSATION COMMITTEE, CHAIRED BY THE PRESIDENT, THAT SETS ALL EMPLOYEE COMPENSATION. THE EXECUTIVE DIRECTOR MAKES RECOMMENDATIONS REGARDING SALARIES, OTHER THAN HIS OWN, AND PROVIDES COMPARABLE DATA AS AVAILABLE. THE COMMITTEE'S DECISION IS REFLECTED IN EMAILS AND SPREADSHEETS THAT ARE CIRCULATED AMONGST THE COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 19	THE FUND MAKES ITS DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND PUBLISHES ITS FINANCIAL INFORMATION ON ITS WEBSITE.
FORM 990 PART VII SECTION A	THE FOLLOWING MEMBERS SERVE ON THE DANIEL MURPHY SCHOLARSHIP FUND'S ADVISORY BOARD: MARIANNE ALKEMADE, CHRISTOPHER G. BOEHM, DOUGLAS BROWN, ROBERT BROWN, MARK BURGETT, MICHAEL T. BYRNE, VIOLET CLARK, WHEELER COLEMAN, KEVIN CONWAY, ROBERT J COONEY, THEODORE E. CORNELL III, JACQUELINE DAGGETT, MICHAEL P. EARLY, STEPHEN E. ELKINS, MARK FERGUSON, TONY GOODMAN, DR. CATHERINE H. GOTTFRED, DAVID D. GRUMHAUS, BRUCE HAGUE, CRAIG W. HENDERSON, JOHN B. HOEFLICH, LAWRENCE HOLLINS, JEROME B. JOHNSTON, JAMES S. KAPLAN, THOMAS P. KEARNEY, RON KELNER, SCOTT KILREA, CHRIS KLINGENSTEIN, ANDREA S. KRAMER, ROGER S. MCENIRY, DAVID P. MURAWSKI, BETSY S. MURPHY, JAMES K. MURPHY, ROBERT M. MURPHY, JOHN ORMSBY, SCOTT RUBENSTEIN, DAN RUBINSTEIN, JOHN R. RUSSELL, MICHAEL J. SACKS, JEREMY SCHLEE, BILL SCHNEIBLE, BRAD SCHOTANUS, LEE E. TENZER, ROBERT M. THOMAS, WILLIAM R. TOBEY, MARK J. VAN GRINSVEN, TERRY WALSH, ALLEN WEAVER, JAMES WOLDENBERG, AND JEFF WRIGHT.