Overview

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Est.

2007

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Semmes-Murphy Foundation, identified by EIN 38-3790195, is dedicated to advancing the fields of neurosurgery and neurology through clinical practice, education, and research. With an operating budget of $3 million and total revenue of $2.4 million for the 2024 filing year, the foundation promotes graduate and postgraduate medical education and provides equitable healthcare services to individuals and families, regardless of their background or ability to pay. The foundation does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website at www.semmesmurphy-foundation.org.

Mission Statement

(1) TO ADVANCE THE ART AND SCIENCE OF NEUROSURGERY, NEUROLOGY AND RELATED DISCIPLINES THROUGH THE PRACTICE OF CLINICAL MEDICINE, THE PROVISION OF SURGICAL CARE, AND THE DEVELOPMENT OF IMPROVED METHODS, SYSTEMS, TECHNIQUES, AND RESOURCES IN FURTHERANCE THEREOF. (2) TO ESTABLISH AND PROMOTE OPPORTUNITIES FOR GRADUATE AND POSTGRADUATE MEDICAL EDUCATION IN COORDINATION AND COOPERATION WITH COLLEGES AND MEDICINE, SCIENCE AND HEALTH PROFESSIONS, HOSPITALS, PUBLIC AND PRIVATE AGENCIES AND OTHERS. (3) TO ENGAGE IN CLINICAL AND SCIENTIFIC RESEARCH IN CONJUCTION WITH THE PROFESSIONAL PRACTICE OF MEDICINE AND SURGERY. (4) TO PROVIDE PROFESSIONAL MEDICAL AND SURGICAL PATIENT CARE, HEALTH EDUCATION AND GUIDANCE, AND OTHER THERAPEUTIC HEALTH SERVICES FOR INDIVIDUALS AND FAMILIES WITHOUT REGARD TO RACE, CREED, COLOR, SEX, AGE, RELIGION, NATIONAL ORIGIN, DISABILITY, HEALTH STATUS, VETERAN STATUS OR (WITHIN THE ECONOMIC RESOURCES AVAILABLE TO THE CORPORATION) ABILITY TO PAY.
Revenues
$2.4M
Expenses
$3M
Net Income:
-$633.1K
Assets
$691.9K
Liabilities
$573K
Net Assets:
+$118.9K
Operating Budget
$3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$348.6K
Largest grant received
$348.6K
J
Jennifer Balink
Board Member
K
Kevin Foley Md
Board Member
R
Russel Olsen
Board Member

Frequently Asked Questions

What is SEMMES-MURPHEY FOUNDATION’s budget?
In 2024, SEMMES-MURPHEY FOUNDATION reported an annual operating budget of around $3 million. More detailed financial information is available to registered users.
What causes does SEMMES-MURPHEY FOUNDATION support?
SEMMES-MURPHEY FOUNDATION supports work in Foundations and Graduate and professional education.
Where does SEMMES-MURPHEY FOUNDATION operate?
SEMMES-MURPHEY FOUNDATION is headquartered in Memphis, TN.
Who funded SEMMES-MURPHEY FOUNDATION recently?
In 2024, SEMMES-MURPHEY FOUNDATION received grants from Methodist Healthcare Foundation, Methodist Healthcare Foundation, and Methodist Healthcare Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant SEMMES-MURPHEY FOUNDATION received in 2024?
The largest grant to SEMMES-MURPHEY FOUNDATION in 2024 exceeds $349 thousand.