2013-02-20T09:49:49-06:00 2012-08-31 362938874 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DRIVE SUITE 1 CHICAGO IL 606115313 990 2011-09-01 363675466 DANIEL MURPHY SCHOLARSHIP FUND DANI 3124557800 100 WEST MONROE NO 500 CHICAGO IL 606031967 ANDREW B DAVID 3124557800 2013-02-18 1 JAMES G QUAID P00641738 3126707444 2011 2016-03-07 17:11:31Z ANDREW B DAVID 100 WEST MONROE NO 500 CHICAGO IL 606031967 3329643 0 X WWW.DMSF.ORG X 1989 IL 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. 15 15 16 250 0 0 2798732 2632574 0 0 356901 162419 -79177 -54319 3076456 2740674 1272627 1326039 0 0 794288 793315 0 0 357924 647373 567915 2714288 2687269 362168 53405 6825887 7248765 1473423 1519542 5352464 5729223 X SEE PART I LINE 1. 0 0 1621697 1312718 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 2012 AND 2011, THE FUND SERVED 328 AND 330 SCHOLARS, RESPECTIVELY. 180209 13321 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. 143022 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. 119043 COLLEGE COUNSELING 73627 MENTORING 14992 TUTORING 207662 2152590 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 16 0 16 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X ANDREW B DAVID 3124557800 100 WEST MONROE NO 500 CHICAGO IL 606031967 X DAVID SHAW 5.00 X X 0 0 0 LORETTA COONEY 5.00 X X 0 0 0 THOMAS DWYER 5.00 X X 0 0 0 JAMES EPSTEIN 5.00 X X 0 0 0 JORGE ALONSO 5.00 X 0 0 0 WHEELER COLEMAN 5.00 X 0 0 0 ROBERT COONEY 5.00 X 0 0 0 JUSTIN FOLEY 5.00 X 0 0 0 CHUCK GATELY 5.00 X 0 0 0 JEROME JOHNSTON 5.00 X 0 0 0 SCOTT KILREA 5.00 X 0 0 0 MICHAEL MILLHOUSE 5.00 X 0 0 0 MARY O'LEARY 5.00 X 0 0 0 WILLIAM TOBEY 5.00 X 0 0 0 NANCY VAN GRINSVEN 5.00 X 0 0 0 ANDREW B DAVID 60.00 X 147934 0 0 147934 0 0 1 0 0 0 0 831133 1801441 84523 2632574 115454 115454 340665 293700 46965 46965 46965 240950 831133 295269 -54319 -54319 2740674 0 0 108100 1326039 1326039 153872 69425 38241 46206 518338 322562 18501 177275 10229 5965 863 3401 59675 34797 5036 19842 51201 29857 4319 17025 25969 25969 43585 43585 114473 93298 10111 11064 38065 17547 2461 18057 112641 68197 8997 35447 9158 9137 21 13984 6474 1927 5583 7941 4631 670 2640 15460 9014 1306 5140 CADDIE PROG-ROOM/BOARD 85385 85385 TUTORING 14992 14992 SCHOLAR RECRUIT & INTER 13013 13013 TEST PREPARATION 9060 9060 64189 33197 14769 16223 2687269 2152590 176755 357924 18585 16885 1103344 893530 1230584 507272 55250 7628 62641 79788 63488 24420 16300 4359519 5728871 26557 23266 6825887 7248765 164456 76686 1264800 1313400 83700 44167 45756 1473423 1519542 X 2952297 3434900 2400167 2294323 5352464 5729223 6825887 7248765 X 53405 323354 X 0 1 1 X 0 X 4692681 2098549 2211461 2798732 2632574 14433997 4692681 2098549 2211461 2798732 2632574 14433997 1578562 12855435 76184 -277516 178631 356901 115454 449654 -29862 -14970 -12722 -79177 240950 104219 14987870 0.85770 0.85430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4359519 1124079 488858 200000 43585 5728871 3586174 351617 521728 100000 4359519 3034739 467391 116044 32000 3586174 0.69550 0.30450 0 0 79788 63488 16300 16300 DEFERRED RENT 45756 45756 2740674 2687269 53405 323354 323354 376759 3033728 323354 13285 336639 2697089 43585 43585 2740674 2656969 13285 13285 2643684 43585 43585 2687269 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. GOLF OUTING 1047548 806598 240950 283006 ASSOCIATE BOARD EVENT 24535 24535 12263 1072083 831133 240950 295269 295269 -54319 1 SCHOLARSHIPS AND TRAVEL BENEFITS - SCHOLARS 328 1326039 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: 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. X 11 59523 SALES PRICE X DUFFLE BAGS 1 20000 FMV X GOLF BALLS 1 5000 FMV 0 0 1 1 THIRD PARTY USE: PART I, LINE 32B: DANIEL MURPHY SCHOLARSHIP FUND HAS A STOCK BROKER WHO SELLS ALL STOCK DONATIONS UPON RECEIPT. FORM 990, PART VI, SECTION A, LINE 2 ROBERT J. COONEY, EXECUTIVE COMMITTEE MEMBER, IS MARRIED TO LORETTA COONEY, VICE PRESIDENT OF THE BOARD. NANCY VAN GRINSVEN, WHO IS ON THE EXECUTIVE COMMITTEE, IS MARRIED TO MARK VAN GRINSVEN, WHO IS ON THE ADVISORY BOARD. 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. ADVISORY BOARD FORM 990 PART VII SECTION A THE FOLLOWING MEMBERS SERVE ON THE DANIEL MURPHY SCHOLARSHIP FUND'S ADVISORY BOARD: CHRISTOPHER G. BOEHM, DOUGLAS BROWN, MICHAEL T. BYRNE, VIOLET CLARK, WHEELER COLEMAN, THEODORE E. CORNELL III, JACQUELINE DAGGETT, WARREN DEMAIO, STEPHEN E. ELKINS, GREG GILES, TONY GOODMAN, DR. CATHERINE H. GOTTFRED, DAVID D. GRUMHAUS, BRUCE HAGUE, CRAIG W. HENDERSON, JOHN B. HOEFLICH, LAWRENCE HOLLINS, JAMES S. KAPLAN, THOMAS P. KEARNEY, PATRICK KEMPTON, ROCKY LOPEZ, ROGER S. MCENIRY, EILEEN MITCHELL, DAVID P. MURAWSKI, BETSY S. MURPHY, JAMES K. MURPHY, ROBERT M. MURPHY, MARLENE NEI, BILL ROGERS, LOIDA ROSARIO, JOHN R. RUSSELL, MICHAEL J. SACKS, BRAD SCHOTANUS, LEE E. TENZER, ROBERT M. THOMAS, MARK J. VAN GRINSVEN, ALLEN WEAVER, AND PETER WRENN. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 323,354.