Skip to main content

Nonprofit · EIN 61-6053844

MURRAY STATE UNIVERSITY FOUNDATION

Tax-exempt · MURRAY, KY 42071

Financials

$15.7M$7.4M2023$14M$7.4M2024
Revenue Expenses · by fiscal year end
Financials of MURRAY STATE UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$13,974,160$7,361,139$6,613,021$215,119,811$48,979,640$166,140,171
June 30, 2024990$15,739,804$7,420,608$8,319,196$192,247,701$41,543,204$150,704,497
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,032,594
Program service revenue
$679,342
Investment income
$7,244,384
Royalties
$481
Net rental income
$7,459
Net gain from sales of assets
$3,452,065
Net income from fundraising events
-$10,344
Other revenue
$17,840

Expenses

Grants and similar amounts paid
$5,552,373
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$29,450
Depreciation
$33,222
Program services (functional)
$6,680,135
Management and general (functional)
$681,004

Balance sheet and other

Total assets, start of year
$192,247,701
Total assets, end of year
$215,119,811
Total liabilities, end of year
$48,979,640
Net assets, end of year
$166,140,171
Land, buildings and equipment
$7,893,705
Publicly traded securities
$182,731,146
Net assets without donor restrictions
$35,402,591
Net assets with donor restrictions
$130,737,580
Gross unrelated business income
$508,347
Gross receipts
$14,007,239
Employees
0
Volunteers
27
Year formed
1946
State of legal domicile
KY

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 / weekCompensationOther / benefits
ELLEN DALECONTROLLER
Officer
40$92,458$29,027
DR DAVID W DURRPRESIDENT
Officer
20$83,877$13,683
CAROL GALLIMORESECRETARY
Officer
38$44,327$23,816
JERRY T SHROATCHAIR
Trustee or director
2$0$0
MICHAEL S HAMILTONVICE-CHAIR
Trustee or director
1$0$0
C STEVE STORYTREASURER
Trustee or director
2$0$0
TIMOTHY M ADAMSTRUSTEE
Trustee or director
1$0$0
RICHARD A DICK ANDERSONTRUSTEE
Trustee or director
1$0$0
MARY RHEAETTA RHEA ASHBYTRUSTEE
Trustee or director
1$0$0
CARRIE A BROWNTRUSTEE
Trustee or director
1$0$0
MELANIE G CULVERTRUSTEE
Trustee or director
1$0$0
DAVID M DILLTRUSTEE
Trustee or director
1$0$0
GARY THOMAS DRAFFENTRUSTEE
Trustee or director
1$0$0
CAMISHA DUFFYTRUSTEE
Trustee or director
1$0$0
LUCINDA K GRINERTRUSTEE
Trustee or director
1$0$0
12 more people on this return
NameTitleHours / weekCompensation
KATHY HARRISTRUSTEE
Trustee or director
1$0
GEORGE E LONG IITRUSTEE
Trustee or director
1$0
JOE A OWENTRUSTEE
Trustee or director
1$0
MICHAEL M PITMANTRUSTEE
Trustee or director
1$0
LANA G PORTERTRUSTEE
Trustee or director
1$0
JESSICA REEDTRUSTEE
Trustee or director
1$0
SHAWN L REYNOLDSTRUSTEE
Trustee or director
1$0
ROY C RILEY JRTRUSTEE
Trustee or director
1$0
DENNIS W SMITHTRUSTEE
Trustee or director
1$0
ALAN C STOUTTRUSTEE
Trustee or director
1$0
MICHAEL THORNETRUSTEE
Trustee or director
1$0
TIMOTHY S TODDTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
DR DAVID W DURRPRESIDENT
Officer
20$81,715$12,804
ELLEN DALECONTROLLER
Officer
40$80,927$7,200
CAROL GALLIMORESECRETARY
Officer
38$41,975$18,946
JAMES CRAWFORDCONTROLLER (PARTIAL YEAR)
Officer
40$2,303$232
JERRY T SHROATCHAIR
Trustee or director
2$0$0
HAROLD G DORAN JRVICE-CHAIR
Trustee or director
2$0$0
C STEVE STORYTREASURER
Trustee or director
2$0$0
TIMOTHY M ADAMSTRUSTEE
Trustee or director
1$0$0
RICHARD A DICK ANDERSONTRUSTEE
Trustee or director
1$0$0
MARY RHEAETTA RHEA ASHBYTRUSTEE
Trustee or director
1$0$0
DAVID M DILLTRUSTEE
Trustee or director
1$0$0
CAMISHA DUFFYTRUSTEE
Trustee or director
1$0$0
MICHAEL S HAMILTONTRUSTEE
Trustee or director
1$0$0
KAREN JONES SQUIRESTRUSTEE
Trustee or director
1$0$0
THOMAS B LOGANTRUSTEE
Trustee or director
1$0$0
GEORGE E LONG IITRUSTEE
Trustee or director
1$0$0
JOE A OWENTRUSTEE
Trustee or director
1$0$0
LANA G PORTERTRUSTEE
Trustee or director
1$0$0
JESSICA REEDTRUSTEE
Trustee or director
1$0$0
SHAWN L REYNOLDSTRUSTEE
Trustee or director
1$0$0
DENNIS W SMITHTRUSTEE
Trustee or director
1$0$0
GARY THOMAS DRAFFENTRUSTEE
Trustee or director
1$0$0
ALAN C STOUTTRUSTEE
Trustee or director
1$0$0
TIMOTHY S TODDTRUSTEE
Trustee or director
1$0$0
MICHAEL M PITMANTRUSTEE
Trustee or director
1$0$0
KATHY HARRISTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
100 NASH HOUSE, MURRAY, KY 42071-3316
In care of
% THOMAS I MILLER
Principal officer (990 for 2024)
DR DAVID DURR, 100 NASH HOUSE, MURRAY, KY 42071
Signed the 990
DR DAVID DURR, PRESIDENT
Phone
(270) 809-3017
Return prepared by
DEAN DORTON ALLEN FORD PLLC

Mission

ENHANCEMENT OF MURRAY STATE UNIVERSITY BY ASSISTING IN FUNDRAISING, COLLECTING CONTRIBUTIONS FOR STUDENT SCHOLARSHIPS, FACULTY SUPPORT, AND SPECIAL PROJECTS. THE FOUNDATION ALSO ASSISTS IN MANAGING SCHOLARSHIP DISBURSEMENTS AND INVESTMENT MANAGEMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • IMPROVEMENT AND ENHANCEMENT OF MURRAY STATE UNIVERSITY BY ASSISTING IN FUNDRAISING, COLLECTING CONTRIBUTIONS, AIDING DONORS WITH ESTATE AND PLANNED GIVING AND ESTABLISHING ENDOWMENTS, DISBURSEMENT OF FUNDS TO BE USED FOR SCHOLARSHIPS, ENDOWED PROFESSORSHIPS, FACULTY SUPPORT, AND OTHER EXPENDITURES ON BEHALF OF STUDENTS AND FACULTY.
    Expenses $5,825,594 · grants $5,552,373 · revenue $25,003
  • PROVIDING RECREATION FOR THE CONVENIENCE OF THE STUDENTS, FACULTY, STAFF, AND ALUMNI OF MURRAY STATE UNIVERSITY, AS WELL AS THE COMMUNITY AND REGION. THROUGH THE OPERATION OF MILLER MEMORIAL GOLF COURSE, THE UNIVERSITY GOLF TEAM UTILIZES THE COURSE AS ITS PRACTICE FACILITY AND HOME COURSE.
    Expenses $854,541 · revenue $145,992

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
61-6053844
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1968
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$215,119,811
Income (IRS master file)
$14,007,239

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$13,974,160$7,361,139$215,119,811IRS
990-TJune 2025–––IRS
990June 2024$15,739,804$7,420,608$192,247,701XML
990-TJune 2024–––IRS
990June 2023$10,185,709$6,973,783$170,455,346IRS
990-TJune 2023–––IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2019–––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 61-6053844).

Questions about MURRAY STATE UNIVERSITY FOUNDATION

What is the EIN of MURRAY STATE UNIVERSITY FOUNDATION?
The employer identification number (EIN) of MURRAY STATE UNIVERSITY FOUNDATION is 61-6053844.
Is MURRAY STATE UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to MURRAY STATE UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MURRAY STATE UNIVERSITY FOUNDATION 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 MURRAY STATE UNIVERSITY FOUNDATION 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 MURRAY STATE UNIVERSITY FOUNDATION 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 MURRAY STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 names DR DAVID DURR.
Who are the officers and directors of MURRAY STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 27 people; 3 received compensation from the organization, the highest $92,458 (ELLEN DALE, CONTROLLER).
How much revenue does MURRAY STATE UNIVERSITY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $13,974,160, expenses of $7,361,139 and total assets of $215,119,811 at year end.

Other nonprofits in MURRAY

All nonprofits in MURRAY · Kentucky · Education