JEROME S AND GRACE H MURRAY FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
JEROME S AND GRACE H MURRAY FOUNDATION (EIN 52-1805567)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-11-05
IRS object ID
201233109349100303
Schema version
2011v1.2
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-11-05T11:20:03-00:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1JJ Maier CPABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line15385 Kilroy LaneAddressLine1
CityDouglasvilleCity
StateGAState
ZIP Code30135ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN521805567EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Jerome S & Grace H Murray FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlJERONameControl
Phone4102575344Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1c/o Eileen M Dillon P O Box 227AddressLine1
CityOwingsCity
StateMDState
ZIP Code20736ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameEileen M DillonName
TitleChairmanTitle
Date Signed2012-11-05DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJJ MaierName
Phone7709424163Phone
Date Prepared2012-11-05DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY13856016FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Interest On Savings Rev And Expnss4055InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm4055InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss278291DividendsRevAndExpnss
Dividends Net Invst Incm278291DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss972736NetGainSaleAssetsRevAndExpnss
Capital Gain Net Incm Net Invst Incm972736CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss649OtherIncomeRevAndExpnss
Other Income Net Invst Incm649OtherIncomeNetInvstIncm
Total Revenue And Expenses1255731TotalRevenueAndExpenses
Total Net Investment Income1255731TotalNetInvestmentIncome
Oth Empl Slrs Wgs Rev And Expnss58487OthEmplSlrsWgsRevAndExpnss
Oth Empl Slrs Wgs Net Invst Incm58487OthEmplSlrsWgsNetInvstIncm
Pension Empl Bnft Rev And Expnss4500PensionEmplBnftRevAndExpnss
Pension Empl Bnft Net Invst Incm4500PensionEmplBnftNetInvstIncm
Accounting Fees Rev And Expnss7900AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm7900AccountingFeesNetInvstIncm
Other Prof Fees Rev And Expnss58085OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm58085OtherProfFeesNetInvstIncm
Interest Rev And Expnss865InterestRevAndExpnss
Interest Net Invst Incm865InterestNetInvstIncm
Taxes Rev And Expnss11600TaxesRevAndExpnss
Taxes Net Invst Incm11600TaxesNetInvstIncm
Other Expenses Rev And Expnss19566OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm19566OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss161003TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm161003TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss691364ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps691364ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss852367TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm161003TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps691364TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses403364ExcessOfRevenueOverExpenses
Net Investment Income1094728NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY171937SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY228907SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV228907SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY13209912InvestmentsCorpStockBOY
Investments Corp Stock EOY13748402InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV13627109InvestmentsCorpStockEOYFMV
Total Assets BOY13381849TotalAssetsBOY
Total Assets EOY13977309TotalAssetsEOY
Total Assets EOYFMV13856016TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY13381849CapitalStockBOY
Capital Stock EOY13977309CapitalStockEOY
Total Net Assets BOY13381849TotalNetAssetsBOY
Total Net Assets EOY13977309TotalNetAssetsEOY
Total Liabilities Net Assets BOY13381849TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY13977309TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY13381849TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses403364ExcessOfRevenueOverExpenses
Other Increases192096OtherIncreases
Subtotal13977309Subtotal
Total Net Assets Fund Balances EOY13977309TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)

Description Of AssetDescriptionOfAssetGross Sales PriceGrossSalesPriceGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLossesCost Or Other BasisCostOrOtherBasis
See attached LT gain statement757849757849757849
See attached ST loss statement-11327-1132711327
TIFF ST Fund 10991780005635956359121641
TIFF Secondary Partners II131731317313173
TIFF Secondary Partners II156682156682156682
FieldValueIRS element (for citing)
Capital Gain Net Income972736CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year1784716QualifyingDistributionsYear1
Noncharitable Assets Year113946521NoncharitableAssetsYear1
Distribution Ratio Year1000.056266DistributionRatioYear1
Qualifying Distributions Year2489392QualifyingDistributionsYear2
Noncharitable Assets Year212504582NoncharitableAssetsYear2
Distribution Ratio Year2000.039137DistributionRatioYear2
Qualifying Distributions Year3764097QualifyingDistributionsYear3
Noncharitable Assets Year314450822NoncharitableAssetsYear3
Distribution Ratio Year3000.052876DistributionRatioYear3
Qualifying Distributions Year4765672QualifyingDistributionsYear4
Noncharitable Assets Year415313434NoncharitableAssetsYear4
Distribution Ratio Year4000.050000DistributionRatioYear4
Qualifying Distributions Year5688601QualifyingDistributionsYear5
Noncharitable Assets Year514864725NoncharitableAssetsYear5
Distribution Ratio Year5000.046325DistributionRatioYear5
Total Distribution Ratio000.244604TotalDistributionRatio
Average Distribution Ratio000.048921AverageDistributionRatio
Net Noncharitable Assets14776957NetNoncharitableAssets
Adjusted Noncharitable Assets722904AdjustedNoncharitableAssets
One Percent Net Investment Income10947OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One733851AdjNonchrtblAssetsAndOnePct
Qualifying Distributions691364QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax21895InvestmentIncomeExciseTax
Subtotal21895Subtotal
Tax Based On Investment Income21895TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment16852EstTaxPaymentsAndOverpayment
Tax Paid With Extension6171TaxPaidWithExtension
Total Credits And Payments23023TotalCreditsAndPayments
Tax Paid Original Return23023TaxPaidOriginalReturn
Penalty For Underpayment5PenaltyForUnderpayment
Overpayment1123Overpayment
Amount Credited To Next Year1123AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithMDStatesFiledWith
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website Addressjgmurrayfoundation.orgWebsiteAddress
Books In Care Of Person NameEileen M Dillon TrusteeBooksInCareOfPersonName
Books In Care Of Phone Number4102575344BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 227AddressLine1
CityOwingsCity
StateMDState
ZIP Code20736ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearstrueUndistributedIncomePriorYears
Undistributed Income Prior Year12010UndistributedIncomePriorYear1
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Eileen M Dillon
PO Box 227OwingsMD20736Director002.000
Stanton Murray
PO Box 227OwingsMD20736Director001.000
Leo K Murray
PO Box 227OwingsMD20736Director001.000
David Althoff
PO Box 227OwingsMD20736Director001.000
Cris White
PO Box 227OwingsMD20736Director001.000

Compensation Of Highest Paid Empl CompensationOfHighestPaidEmpl

FieldValueIRS element (for citing)
NameKim HarrisonName

US Address USAddress

FieldValueIRS element (for citing)
Address Line12976 Penwick LnAddressLine1
CityDunkirkCity
StateMDState
ZIP Code20754ZIPCode
FieldValueIRS element (for citing)
TitleAdministratorTitle
Average Hours Per Week040.00AverageHoursPerWeek
Compensation58487Compensation
Employee Benefits4500EmployeeBenefits

Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeType Of ServiceTypeOfServiceCompensationCompensation
Merrill Lynch
One North Wacker Dr Ste 1950ChicagoIL60606Investments/Investment Advisory58085
JJ Maier CPA
5385 Kilroy LaneDouglasvilleGA30135Tax Preparation7900

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

FieldValueIRS element (for citing)
Description1N/ADescription1
Expenses10Expenses1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities14764097AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances237890AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets15001987TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets15001987AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable225030CashDeemedCharitable
Net Noncharitable Assets14776957NetNoncharitableAssets
Minimum Investment Return738848MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return738848MinimumInvestmentReturn
Tax Based On Investment Income21895TaxBasedOnInvestmentIncome
Total Tax21895TotalTax
Distributable Amount Before Adj716953DistributableAmountBeforeAdj
Distributable Amount Before Ded716953DistributableAmountBeforeDed
Distributable Amount As Adjusted716953DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions691364ExpensesAndContributions
Qualifying Distributions691364QualifyingDistributions
Adj Qualifying Distributions691364AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted716953DistributableAmountAsAdjusted
Undistributed Income Prior Year517884UndistributedIncomePriorYear
Prior Year12007PriorYear1
Prior Year22008PriorYear2
Prior Year32009PriorYear3
Total For Prior Years1640762TotalForPriorYears
Qualifying Distributions691364QualifyingDistributions
Applied To Year1517884AppliedToYear1
Applied To Current Year173480AppliedToCurrentYear
Prior Year Undistributed Income1640762PriorYearUndistributedIncome
Taxable Amount11640762TaxableAmount1
Undistributed Income CY543473UndistributedIncomeCY

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

FieldValueIRS element (for citing)
Recipient NameMs Kim HarrisonRecipientName

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 227AddressLine1
CityOwingsCity
StateMDState
ZIP Code20736ZIPCode
FieldValueIRS element (for citing)
Recipient Phone Number4102575344RecipientPhoneNumber
Form And Info And MaterialsAll required forms on website www.jgmurrayfoundation.orgFormAndInfoAndMaterials
Submission DeadlinesRefer to website for deadlinesSubmissionDeadlines
Restrictions On AwardsRefer to websit for restrictions or limitationsRestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1See Attached Statement BBusinessNameLine1

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO Box 227AddressLine1
CityOwingsCity
StateMDState
ZIP Code20736ZIPCode
FieldValueIRS element (for citing)
Recipient RelationshipNoneRecipientRelationship
Recipient Foundation StatusExemptRecipientFoundationStatus
Purpose Of Grant Or ContributionGeneral charitable purposesPurposeOfGrantOrContribution
Amount$691,364Amount
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year691364TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$4,055ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$278,291ExclusionAmount

Other Investment Income Part VII OtherInvestmentIncomePartVII

FieldValueIRS element (for citing)
Exclusion Code24ExclusionCode
Exclusion$649ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code18ExclusionCode
Exclusion$972,736ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$1,255,731ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA1255731TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryJ.J. Maier, CPACategory
Amount$7,900Amount
Net Investment Income7900NetInvestmentIncome

General Explanation Attachment GeneralExplanationAttachment

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (9 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
ML 2BL-04001 Stmt A76498497416327
ML 2BL-04026 Stmt A12316521218738
ML 2BL-04045 Stmt A173808168864
ML 2BL-04046 Stmt A151122164040
ML 2BL-04047 Stmt A134656141048
ML 2BL-04072 Stmt A28515032986281
ML 2BL-04076 Stmt A790488766487
TIFF Mutual Fund121694121694
TIFF Secondary Partners 1 Partnership643630643630

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (10 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncome
Dues and Subscriptions7272
Certified Fees Merrill Lynch220220
Miscellaneous Expenses15251525
Office Expense Furniture Maintenance Supplies560560
Office Expense Computer Software Repairs12191219
Postage262262
Telephone14731473
Bank Service Charges9292
Wire Transfer Fees55205520
Portfolio Expense From TIFF K186238623

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

FieldValueIRS element (for citing)
DescriptionRefund of Excise Taxes OverpaidDescription
Revenue And Expenses Per Books649RevenueAndExpensesPerBooks
Net Investment Income649NetInvestmentIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

FieldValueIRS element (for citing)
DescriptionReturn of capital - Non-taxable incomeDescription
Amount$192,096Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryMerrill Lynch Management FeesCategory
Amount$58,085Amount
Net Investment Income58085NetInvestmentIncome

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

CategoryCategoryAmountAmountNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
Foreign taxes$2,208220800
Excise taxes net$4,731473100
Payroll taxes$4,661466100

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