Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 07-01-2023 , and ending 06-30-2024
Name of foundation
THE DAVID & PHYLLIS MURPHY CHARITABLE
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)103 EAST STATE STREET 800
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MASON CITY, IA50401
A Employer identification number

42-1477942
B Telephone number (see instructions)

(641) 423-4264
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$11,551,524J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 13,900 13,900  
4 Dividends and interest from securities... 329,863 329,863  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 75,081
b Gross sales price for all assets on line 6a 2,237,764
7 Capital gain net income (from Part IV, line 2)... 75,081
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 418,844 418,844  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
2,367 0   2,367
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,565 5,252   1,313
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
47,277 47,277   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 56,209 52,529   3,680
25 Contributions, gifts, grants paid....... 511,100 511,100
26 Total expenses and disbursements. Add lines 24 and 25 567,309 52,529   514,780
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -148,465
b Net investment income (if negative, enter -0-) 366,315
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 971,023 733,854 716,129
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 978,152 Click to see attachment
List of Attached Documents:
// Content
968,876 		926,836
b Investments—corporate stock (attach schedule)....... 1,853,502 Click to see attachment
List of Attached Documents:
// Content
1,720,064 		3,532,489
c Investments—corporate bonds (attach schedule)....... 1,051,302 Click to see attachment
List of Attached Documents:
// Content
668,309 		638,723
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,141,348 Click to see attachment
List of Attached Documents:
// Content
5,755,759 		5,737,347
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,995,327 9,846,862 11,551,524
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 404,758 404,758
28 Retained earnings, accumulated income, endowment, or other funds 9,590,569 9,442,104
29 Total net assets or fund balances (see instructions)..... 9,995,327 9,846,862
30 Total liabilities and net assets/fund balances (see instructions). 9,995,327 9,846,862
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
9,995,327
2
Enter amount from Part I, line 27a .....................
2
-148,465
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
9,846,862
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
9,846,862
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c PUBLICLY TRADED SECURITIES      
d PUBLICLY TRADED SECURITIES      
e CAPITAL GAIN DISTRIBUTIONS      
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 265,550   241,494 24,056
b 2,081   2,400 -319
c 75,051   75,750 -699
d 1,883,704   1,843,039 40,665
e 11,378     11,378
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       24,056
b       -319
c       -699
d       40,665
e       11,378
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 75,081
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 5,092
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 5,092
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,092
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 7,140
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,140
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 2,048
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,048 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowNONE
14
The books are in care ofright arrowKRISTEN N OLLENBURG Telephone no.right arrow (641) 423-4264

Located atright arrow103 EAST STATE STREET SUITE 800MASON CITYIA ZIP+4right arrow50401
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JOHN F WELCH PRESIDENT/CHAIR
0.04 		0 0 0
922 12TH ST NE
MASON CITY,IA50401
BECKY ELSBERND VICE-PRESIDENT
0.04 		0 0 0
19050 THRUSH AVE
MASON CITY,IA50401
KRISTIN SALMON VICE-PRESIDENT
0.04 		0 0 0
200 LAKEVIEW DRIVE
MASON CITY,IA50401
KRISTEN N OLLENBURG SECRETARY/TREASURER
0.04 		0 0 0
103 EAST STATE ST SUITE 800
MASON CITY,IA50401
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
9,937,954
b
Average of monthly cash balances.......................
1b
965,140
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
10,903,094
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
10,903,094
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
163,546
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
10,739,548
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
536,977
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
536,977
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
5,092
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
5,092
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
531,885
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
531,885
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
531,885
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
514,780
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
514,780
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 531,885
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 501,058
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 514,780
a Applied to 2022, but not more than line 2a 501,058
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 13,722
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		518,163
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
KRISTEN N OLLENBURG
103 EAST STATE STREET SUITE 800
MASON CITY,IA50401
(641) 423-4264
bThe form in which applications should be submitted and information and materials they should include:
WRITTEN REQUESTS INCLUDING NAME, ADDRESS AND PURPOSE OF ORGANIZATION EVIDENCE OF EXEMPT STATUS, ID NUMBER, CURRENT FINANCIALS, OFFICERS DIRECTORS & CONTACT PERSON, AMOUNT & PURPOSE OF REQUEST, DATE NEEDED.
cAny submission deadlines:
SEPTEMBER 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
QUALIFIED 501(C)(3) CHARITY WITH PREFERENCE TO THOSE IN NORTH CENTRAL IOWA
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

43 NORTH IOWA

111 - 2ND ST NE
MASON CITY,IA50401 		NONE PC BUILDING AND GENERAL PROGRAM EXPENSES 20,000

CERRO GORDO COUNTY - ISU EXTENSION

601 S ILLINOIS AVE
MASON CITY,IA50401 		NONE GOV INCLUSIVE LANGUAGE TRAINING 500

CHARLES H MACNIDER MUSEUM

303 2ND STREET SE
MASON CITY,IA50401 		NONE PC CUSACK EXHIBITION AND SCHOOL ART SHOW SUPPORT 7,500

CITY OF MASON CITY ELMWOOD ST JOSEPH CEMETARY

308 S PENNSYLVANIA AVE
MASON CITY,IA50401 		NONE GOV BRONZE STATUE 7,000

CITY OF MASON CITY PARKS & REC DEPT

100 FEDERAL AVE SUITE 201
MASON CITY,IA50401 		NONE GOV E-SPORTS EQUIPMENT & FURNITURE 5,000

CITY OF MASON CITY YOUTH TASK FORCE

1224 S WASHINGTON AVE
MASON CITY,IA50401 		NONE GOV YOUTH PROGRAM SERVICES 6,000

CITY OF MASON CITY

10 1ST ST NW
MASON CITY,IA50401 		NONE GOV BALLISTIC HELMETS 10,000

COMMUNITY KITCHEN OF NORTH IOWA

606 N MONROE AVE
MASON CITY,IA50401 		NONE PC MEAL ASSISTANCE 21,000

ELDERBRIDGE AGENCY ON AGING

1190 BRIARSTONE DR SUITE 3
MASON CITY,IA50401 		NONE PC CLIENT ASSISTANCE 15,000

FRIENDS OF 457 CANNONBALL EXPRESS GARDENS

365 SUMAC ROAD
MASON CITY,IA50401 		NONE PC GUARD RAILS, MAINTENANCE EXPENE 14,000

GIRL SCOUTS OF GREATER IOWA

10715 HICKMAN ROAD
URBANDALE,IA50322 		NONE PC SAILBOATS 8,000

HABITAT FOR HUMANITY OF NORTH CENTRAL IOWA

517 1ST ST NW
MASON CITY,IA50401 		NONE PC FURNACE AND AC UPDATES 12,000

HAWKEYE HARVEST FOOD BANK

2801 4TH ST NW
MASON CITY,IA50401 		NONE PC FOOD PURCHASE 5,000

HUMANE SOCIETY OF NORTH IOWA

2700 S BIRCH DRIVE
MASON CITY,IA50401 		NONE PC MEDICAL SUPPLIES, MEDICATION 13,000

KCMR RADIO

21 LAKEVIEW DR
MASON CITY,IA50401 		NONE PC ENGINEERING EQUIPMENT COSTS 10,000

LIME CREEK NATURE CENTER FOUNDATION

3501 LIME CREEK RD
MASON CITY,IA50401 		NONE GOV DOCK AND POND UPDATES 20,000

LUTHERAN SERVICES IN IOWA

3125 COTTAGE GROVE AVE
DES MOINES,IA50311 		NONE PC CLINICAL SERVICES 4,000

MASON CITY CHAMBER OF COMMERCE FOUNDATION

9 N FEDERAL AVE
MASON CITY,IA50401 		NONE PC TECHNOLOGY AND ACCESSIBILITY 10,000

MASON CITY COMMUNITY SCHOOLS

1700 4TH ST SE
MASON CITY,IA50401 		NONE PC EQUIPMENT FOR FUTURE IS NOW CAMPAIGN 12,000

MASON CITY COMMUNITY THEATRE

215 S DELAWARE AVE
MASON CITY,IA50401 		NONE PC FACILITY UPDATES 16,000

MASON CITY FOUNDATION - MUSIC MAN SQUARE

308 S PENNSYLVANIA AVE
MASON CITY,IA50401 		NONE PC INSTRUCTORS, INSTRUMENTS, SCHOLARSHIP EXPENSES 13,400

MASON CITY INSTRUMENTAL MUSIC BOOSTERS FOUNDATION

PO BOX 111
MASON CITY,IA50401 		NONE PC PURCHASE INSTRUMENTS 20,000

MASON CITY PUBLIC LIBRARY

225 2ND STREET SE
MASON CITY,IA50401 		NONE GOV PROGRAMS, SOFTWARE, BOOKS, HARDWARE 20,000

MASON CITY PUBLIC SCHOOL EDUCATIONAL FOUNDATION

1515 S PENNSYLVANIA AVE
MASON CITY,IA50401 		NONE PC SCHOLARSHIPS 30,000

MASON CITY SENIOR ACTIVITY CENTER

326 4TH ST SW
MASON CITY,IA50401 		NONE GOV SUPPLIES, KITCHEN EQUIPMENT 5,000

MEALS ON WHEELS OF MASON CITY INC

PO BOX 58
MASON CITY,IA50401 		NONE PC MEAL CONTAINERS, ADDITIONAL WORKSTATIONS 12,000

MERCY ONE NORTH IOWA FOUNDATION

1000 4TH ST SW
MASON CITY,IA50401 		NONE PC CANCER TREATMENT DEVICE 15,000

MOLLIES MISSIONS

22975 295TH ST
NORA SPRINGS,IA50458 		NONE PC INSULATING/UPDATING PROJECTS 10,000

NATIONAL ALLIANCE ON MENTAL ILLNESS OF NORTH IOWA

PO BOX 85
MASON CITY,IA50401 		NONE PC EDUCATIONAL SUPPORT 7,200

NIACC

500 COLLEGE DRIVE
MASON CITY,IA50401 		NONE PC MEDICAL ASSISTANT/NURSING LABS 15,000

NORTH CENTRAL IOWA AG IN THE CLASSROOM

65 STATE STREET
GARNER,IA50438 		NONE PC PROGRAMS NORTH CENTRAL IOWA 10,000

NORTH IOWA BAND FESTIVAL FOUNDATION

9 N FEDERAL AVE
MASON CITY,IA50401 		NONE PC GENERAL EXPENSES 5,000

NORTH IOWA COMMUNITY ACTION ORG

218 5TH ST SW
MASON CITY,IA50401 		NONE PC REFRIGERATOR AND ESSENTIAL NEEDS 6,500

NORTH IOWA EVENTS CENTER

3700 4TH ST SW
MASON CITY,IA50401 		NONE PC EXTERIOR UPDATES 5,000

NORTH IOWA YOUTH CENTER

138 5TH ST SW
MASON CITY,IA50401 		NONE PC BOUNCE HOUSE 5,000

NORTHERN LIGHTS ALLIANCE FOR THE HOMELES SHELTERS

202 -1ST ST NW
MASON CITY,IA50401 		NONE PC GENERAL EXPENSES 15,000

ONE VISION

PO BOX 622
CLEAR LAKE,IA50428 		NONE PC POOL UPDATES AND STORAGE DEVICE FOR COMMUNITY GYM 5,000

RIVER CITY SCULPTURES ON PARADE INC

225 2ND STREET SE
MASON CITY,IA50401 		NONE PC SCULPTURE UPDATES AND MAINTENANCE 10,000

SALVATION ARMY

747 VILLAGE GREEN DR
MASON CITY,IA50401 		NONE PC BOOT PROGRAM 5,000

STEBENS CHILDREN'S THEATRE

616 N DELAWARE
MASON CITY,IA50401 		NONE PC PROGRAMMING AND BUILDING MAINTENANCE 9,000

WRIGHT ON THE PARK

15 WEST STATE ST
MASON CITY,IA50401 		NONE PC BUILDING MAINTENANCE 20,000

YMCA

1840 S MONROE AVE
MASON CITY,IA50401 		NONE PC LIFE FITNESS EQUIPMENT 32,000

YOUTH FOR CHRIST

2210 S FEDERAL AVE
MASON CITY,IA50401 		NONE PC RENOVATIONS AND SCHOLARSHIPS 10,000

YSS OF NORTH IOWA FKA FRANCIS LAUER YOUTH ORGANIZATION

50 N EISENHOWER AVE
MASON CITY,IA50401 		NONE PC PROGRAM SUPPLIES AND BUILDING HOPE CAMPAIGN 10,000
Total .................................right arrow 3a 511,100
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 13,900  
4 Dividends and interest from securities ....     14 329,863  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 75,081  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 418,844 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
418,844
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
THE DAVID & PHYLLIS MURPHY CHARITABLE
 
FOUNDATION
EIN:
42-1477942
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
RSM US LLP 6,565 5,252   1,313

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE DAVID & PHYLLIS MURPHY CHARITABLE
 
FOUNDATION
EIN:
42-1477942
Name of Bond End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 3.875% CUSIP: 002824BM1 DUE 9/15/25 8,193 7,898
AMAZON COM 3.15% CUSIP: 023135BC9 DUE 8/22/27 8,368 7,590
APPLE INC 1.125% DUE 5/11/25 CUSIP: 037833DT4 8,059 7,712
AVALONBAY COMM 1.9% DUE 12/1/28 CUSIP: 053484AC5 10,012 8,795
BANK OF AMERICA CUSIP: 06051GHX0 DUE 10/22/2030 10,341 8,913
CHARLES SCHWAB .9% DUE 3/11/26 CUSIP: 808513BF1 10,013 9,253
CISCO SYSTEMS 2.95% CUSIP: 17275RBC5 DUE 2/28/26 8,206 7,733
COMCAST CORP 4.15% DUE 10/15/28 8,917 7,749
COMCAST CORP CUSIP: 20030NCT6 4.15% DUE 10/15/28 2,138 1,935
COSTCO WHOLESALE 1.6% CUSIP: 22160KAP0 DUE 4/20/30 8,096 6,719
DUKE ENERGY FLOR 1.75% DUE 6/15/30 CUSIP: 717081EY5 10,221 8,315
FORD CR AUTO OWNER .3% DUE 8/15/25 CUSIP 34532NAC9 434 410
GOLDMAN SACHS 3.5% 123,456 123,091
GOLDMAN SACHS GROUP INC 149,715 144,999
GOLDMAN SACHS VAR DUE 2/12/26 CUSIP: 38141GXS8 5,025 4,835
JP MORGAN CHASE & CO CUSIP: 46625HKC3 3.125% DUE 1/23/25 2,983 2,959
JP MORGAN CHASE & CO SUB GLBL NT 27 99,623 97,509
JP MORGAN CHASE 3.125% DUE 1/23/25 5,234 4,932
LOWE'S COMPANIES INC 3.1% DUE 5/3/27 10,325 9,469
MIDAMERICAN ENERGY 3.5% DUE 10/15/24 6,354 5,961
MIDAMERICAN ENERGY CUSIP: 595620AM7 3.500% DUE 10/15/2024 4,055 3,978
MORGAN STANLEY 3.7% DUE 10/23/24 75,211 74,553
MORGAN STANLEY 4% DUE 7/23/25 8,707 7,880
NORTHERN TRUST CUSIP: 665859AV6 1.95% DUE 5/1/30 8,183 6,776
PEPSICO INC CUSIP: 713448DN5 2.375% DUE 10/6/26 4,777 4,720
PEPSICO INC. 2.375% DUE 10/6/26 10,124 9,452
PFIZER INC 1.7% DUE 5/28/30 CUSIP: 717081EY5 15,332 12,520
PRINCIPAL FINL 2.375% DUE 10/6/26 7,279 6,660
PROCTER & GAMBLE 1.9% DUE 2/1/27 CUSIP: 742718FV6 10,010 9,284
SIMON PPTY 3.375% DUE 6/15/27 CUSIP:828807DC8 2,027 1,907
SIMON PROPERTY GROUP 3.375% DUE 6/15/27 8,531 7,633
TEXAS INSTRUMENTS 1.375% DUE 3/12/25 CUSIP: 882508BH6 10,078 9,718
VISA INC. CUSIP: 92826CAM4 DUE 4/15/30 8,282 6,865

TY 2023 InvestmentsCorpStockSchedule
Name:
THE DAVID & PHYLLIS MURPHY CHARITABLE
 
FOUNDATION
EIN:
42-1477942
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBOTT LABORATORIES 19,323 21,302
ALBERMARLE CORP 9,628 7,546
ALPHABET INC. CLASS A 14,376 47,359
ALPHABET INC. CLASS C 18,491 44,571
AMAZON COM INC 33,899 85,030
AMAZON COM INC. 55,377 120,394
AMERIPRISE FINL 9,277 22,214
AMETEK INC. 10,101 18,672
APPLE INC 53,524 173,761
APPLE INC 59,086 135,639
APPLIED MATERIALS 7,255 27,847
ARTHUR J GALLAGER & CO 12,384 22,819
BECTON DICKINSON & CO 19,566 18,229
BERKSHIRE HATHAWAY INC 56,566 104,141
BLACKROCK INC. 13,206 20,470
BOOKING HOLDINGS INC 17,241 27,731
BOSTON SCIENTIFIC CO 17,297 31,497
BROADCOM INC 8,846 44,955
CAPITAL ONE FINANCIAL 50,555 72,271
CHIPTOLE MEXICAN GRILL 10,569 22,241
CISCO SYSTEMS INC. 18,841 17,389
CISCO SYSTEMS INC. 28,023 27,603
CONOCOPHILLIPS 8,558 23,677
CONSTELLATION BRAND 11,373 16,209
COSTCO WHOLESALE CO 11,852 32,300
COSTCO WHOLESALE CORP 73,664 207,398
DANAHER CORP 35,767 74,955
DEERE & CO COM 35,662 74,726
DELTA AIR LINES INC 15,945 18,644
DUPONT DE NEMOURS INC 11,642 17,627
ELECTRONIC ARTS INC. 14,418 14,769
EMERSON ELECTRIC CO 16,315 21,591
EOG RESOURCES INC. 11,890 19,510
HONEYWELL INTL INC 14,112 16,870
HUMANA INC. 10,800 11,210
JACOBS SOLUTIONS INC 10,276 15,228
JOHNSON & JOHNSON COM 42,757 47,356
JP MORGAN CHASE & CO 68,391 106,591
JP MORGAN CHASE & CO 31,951 43,486
L3HARRIS TECHNOLOGIES 13,791 14,373
LAB CO OF AMER HLDG 14,291 14,449
LAM RESEARCH CORP 8,205 26,621
LKQ CORP 10,249 13,018
MASTERCARD INC. 26,554 34,410
MCDONALDS CORP 25,373 33,384
MERCK & CO INC. 21,377 32,188
META PLATFORMS INC 12,078 19,664
MICROSOFT CORP 67,931 151,516
MICROSOFT CORP 36,306 111,737
MORGAN STANLEY 61,106 121,487
MORGAN STANLEY 16,312 25,950
NETFLIX INC 14,302 18,897
NEXTERA ENERGY INC 19,183 20,818
NORTHROP GRUMMAN CO 9,819 12,643
NVIDIA CORP 17,452 416,330
NVIDIA CORP 69,225 119,957
ONEOK INC 14,484 18,186
PHILIP MORRIS INTL 17,708 20,063
QUALCOMM INC 16,265 26,292
QUANTA SERVICES INC. 4,241 27,442
SALESFORCE COM 15,046 27,767
SEMPRA ENERGY 14,919 15,212
STARBUCKS CORP 21,079 14,636
SYSCO CORP 14,250 11,922
TESLA INC 11,774 8,311
THERMO FISHER SCNTFC 14,470 23,779
T-MOBILE US INC. 10,220 19,380
UNITED HEALTH GROUP 13,066 30,556
UNITED HEALTH GROUP 63,946 127,315
VERTEX PHARMACEUTICAL 12,756 24,373
VISA INC. 24,625 30,446
WALMART INC 17,926 28,844
WALT DISNEY 20,931 14,695

TY 2023 InvestmentsGovtObligationsSch
Name:
THE DAVID & PHYLLIS MURPHY CHARITABLE
 
FOUNDATION
EIN:
42-1477942
US Government Securities - End of Year Book Value:

968,876
US Government Securities - End of Year Fair Market Value:

926,836
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2023 InvestmentsOtherSchedule2
Name:
THE DAVID & PHYLLIS MURPHY CHARITABLE
 
FOUNDATION
EIN:
42-1477942
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
COHEN & STEERS PREF SEC AT COST 341,140 283,068
EQUINIX INC. AT COST 11,068 13,619
FEDERATED HERMES TOTAL RET BOND INSL AT COST 774,091 679,046
ISHARE DOW JONES BASIC MATERIALS AT COST 26,095 28,002
ISHARE DOW JONES CONSUMER DISCRETIONARY AT COST 65,017 67,056
ISHARE DOW JONES ENERGY AT COST 25,551 45,600
ISHARE DOW JONES FINANCIAL SECTOR AT COST 75,837 87,477
ISHARE DOW JONES HEALTHCARE AT COST 64,083 68,929
ISHARE DOW JONES INDUSTRIAL AT COST 56,309 59,720
ISHARE DOW JONES TECH AT COST 100,328 146,738
ISHARE DOW JONES TELECOM AT COST 25,185 16,290
ISHARE DOW JONES UTILITIES AT COST 26,536 28,561
ISHARE US CONSUMER STAPLES AT COST 32,060 34,519
ISHARES DJ US REAL ESTATE AT COST 87,555 78,703
ISHARES RUSSELL 2000 AT COST 185,404 260,105
JP MORGAN EXCHANGE TRADED AT COST 180,119 179,169
JP MORGAN TR II AT COST 120,000 190,830
MFS SERIES TRUST XVII INTL EQUITY AT COST 490,000 553,257
NEUBERGER BERMAN INCOME FDS STRG INCM AT COST 295,000 306,019
PGIM HIGH YIELD AT COST 387,916 327,297
PIMCO FDS INCOME FD AT COST 664,387 595,939
PROLOGIS INC. AT COST 7,340 14,376
PRUDENTIAL TOTAL RETURN BD FD AT COST 529,673 435,052
SEAFARER OVERSEAS GROWTH & INC AT COST 175,000 180,813
VANGUARD EQUITY INCOME FUND AT COST 250,000 243,165
VANGUARD FTSE DEVELOPED AT COST 188,110 224,021
VANGUARD MID CAP INDEX ADMIRAL AT COST 171,023 172,879
VANGUARD TOTAL BOND MARKET AT COST 400,932 417,097

TY 2023 LegalFeesSchedule
Name:
THE DAVID & PHYLLIS MURPHY CHARITABLE
 
FOUNDATION
EIN:
42-1477942
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 2,367 0   2,367


TY 2023 OtherProfessionalFeesSchedule
Name:
THE DAVID & PHYLLIS MURPHY CHARITABLE
 
FOUNDATION
EIN:
42-1477942
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TRUSTEE FEES 47,277 47,277   0