DANIEL MURPHY SCHOLARSHIP FUND
Ignite Potential. Enrich Lives.
DANIEL MURPHY SCHOLARSHIP FUND
EIN: 36-3675466
as of September 2023
as of September 18, 2023
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
Across Chicago, countless academically capable, motivated young people live in neighborhoods without affordable high-quality high school options. The Daniel Murphy Scholarship Fund (DMSF) addresses this problem by providing scholarships and wraparound programming to ensure that financial constraints do not hinder a young person’s ability to obtain a quality education. Over its 33-year history, DMSF has built 3-way partnerships between college preparatory high schools, the families of bright but economically disadvantaged young people from Chicago, and DMSF. Through these partnerships, young people who usually have very little choice in matters of education receive the opportunity to attend a high performing high school, participate in extracurricular activities, benefit from honors and accelerated high school classes, and take advantage of DMSF’s educational support services and programs.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Mentoring
DMSF provides adult mentors for Scholars who request to be paired with a mentor. In some cases, DMSF requires that a Scholar be paired with a
mentor.
Objective: Scholars will be matched with an adult advocate to walk with them through their Daniel Murphy experience to provide additional guidance, support, and understanding of the world around them. This will be a mutual learning and growing experience where genuine and long lasting relationships can be nurtured with DMSF support and training.
Affinity Group Program
The DMSF Affinity Group Program provides support to enable scholars to be in community with other Scholars, and meet and overcome challenges so that they are successful in high school, college and beyond.
Objective: Motivate scholars to celebrate their whole selves and nurture their attitude and beliefs about their academic abilities and as young leaders. This group looks to interrogate themselves, the world around them, and lead an opportunity to educate others. Scholars will be able to participate in either the Black identifying, Latinx identifying, LGBTQIA+ identifying, AAPI identifying, Boarding School, Male identifying or Female identifying Affinity Groups. This group will meet twice a month on Saturdays.
College Counseling
Many DMSF Scholars will be the first generation in their families to attend college. To help both Scholars and their parents, DMSF has implemented a four-year college counseling curriculum. We take Scholars and parents on college tours beginning their freshman year of high school, and we host seminars to discuss the different types of colleges and universities as well as the many kinds of applications and financial aid packages. Beginning junior year we help our Scholars prepare for standardized tests like the ACT and SAT, we help them develop the list of colleges to which they will apply, and we help them find scholarships for which they are eligible. DMSF has a full-time college counselor on its staff to facilitate this work.
Summer Opportunities
Widely-recognized research on the "Summer Slide” demonstrates that students of all age groups who are unengaged and unproductive during the summer months lose some of the academic gains earned during the previous school year. To combat this learning loss phenomenon and capitalize on opportunities for Scholar growth, DMSF organizes a number of summer opportunities including internships, service projects, study abroad experiences, and STEM (science, technology, engineering, and mathematics) programs.
The hallmark summer opportunity that DMSF offers its Scholars is our Caddie Program. This competitive program provides immediate and long-term benefits for DMSF Scholars—immediately, Scholars earn spending money and gain job experience while caddying at local country clubs for the summer. Caddies live in college dormitories for the duration of the program and experience independence away from home. Caddying, in addition to maintaining good grades, also makes Scholars eligible to apply for the Chick Evans Scholarship, a four-year, full tuition college scholarship awarded by the Western Golf Association. To date, over 250 DMSF Scholars have been awarded the Evans Scholarship.
Freshman Summer Bridge
In order to prepare newly-admitted DMSF Scholars for the upcoming college preparatory environment of our partner schools, each incoming freshman must attend two week-long workshops during the summer before they enter high school. The first workshop, which is presented by a group of professional speech pathologists, teaches Scholars how to use the academic and business language that is expected of them in high school. The second workshop helps students prepare to be an "Ideal Student” and covers such topics as time management, organization skills and note-taking. Together, these workshops provide transitional support to link our Scholars’ middle school experiences to those they will encounter at a college preparatory high school.
Schmitt Scholar Program
At the beginning of the school year a group of incoming Scholars will be selected as Schmitt Scholars. These Scholars will remain as Schmitt Scholars throughout their high school career.
Objective: Schmitt Scholars represents a group of nominated leaders that are interested in growing their leadership in action of themselves and others. This group is mostly Scholar-led and is overseen by the Chief Education Officer to support the ideas and execution of two Scholar-driven and researched community service events or projects. Meeting dates and times will be determined by the student Board of Directors with input from the participants.
Summer Caddie Program
Scholars who have maintained a DMSF grade point average of at least a 3.0 during the first semester of their freshman year are eligible to apply to participate in DMSF’s Summer Caddie Program. Returning scholars who
have maintained a cumulative DMSF grade point average of at least 3.0 during their high school career are eligible to re-apply to participate in DMSF’s Summer Caddie Program.
Objective: Preparing Murphy Scholars to be independent young leaders by growing their time management skills, networking skills and communication skills, and to be strong candidates for the Chick Evans Caddie Scholarship upon successful program completion. This is a summer commitment and will include weekends and the option of overnight stays.
ToastMasters
An international nonprofit that supports its members in teaching public speaking and leadership development in all aspects of personal and career development.
Objective: The purpose of this six week learning experience is to build effective listening and communication skills while understanding and formulating their own communication styles with the support of a member of the ToastMasters organization. Scholars will learn how to incorporate advocacy and leadership while nurturing their speaking presence in front of a group. This group will meet once a week.
Leadership Series
Scholars will have the opportunity to hear from a variety of leaders within a number of career fields as they discuss their leadership and how it plays out in their work. Each quarter, there will be a new speaker that takes the Scholars on a journey to evaluate their purpose, what drives them, and how who they are as a person is reflected in the way they lead in their work.
Objective: Scholars will attend three speaking sessions where they will learn about different career avenues, and the type of leadership that is essential to live the lives they ultimately deserve. There will be a final culminating event and project where scholars will reflect on their learning with each other, identify what they have learned about their leadership, and envision the type of leader they hope to be based on their engagement with the series.
Where we work
External reviews

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Our results
How does this organization measure their results? It's a hard question but an important one.
Number of students enrolled
This metric is no longer tracked.Totals By Year
Population(s) Served
Adolescents
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of program participants who receive a secondary school diploma or GED
This metric is no longer tracked.Totals By Year
Population(s) Served
Adolescents
Related Program
Affinity Group Program
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Holding steady
Context Notes
100% of the Murphy Scholars graduate from high school on time.
Number of high school graduates who are persisting in college
This metric is no longer tracked.Totals By Year
Population(s) Served
Young adults
Related Program
College Counseling
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Increasing
Context Notes
Percentage of DMSF alumni who earn or are on track to earn a college degree within six years. Our results are up to 60 points higher than in some Chicago neighborhoods.
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
The driving goal of the Daniel Murphy Scholarship Fund is to provide meaningful education and academic support during high school so that our Scholars have the best opportunity to enroll in and excel throughout college. Our programs support our Scholars early and continue throughout their high school enrollment.
In addition to scholarship awards, the Daniel Murphy Scholarship Fund provides tailored enrichment programs to support student success including tutoring, mentoring, affinity group sessions, and college counseling. Our comprehensive approach offers real-time impact with lasting ramifications for our Scholars' futures.
We are proud to report that:
- 100% of Murphy Scholars graduate from high school on time
- 97% of the Murphy Scholars in the Class of 2021 enrolled in a four-year colleges or university
- Ten of the 103 graduating seniors in the Class of 2021 were accepted into seven different Ivy League colleges including Brown, Cornell, Dartmouth, Harvard, Princeton, the University of Pennsylvania, and Yale
- 87% of Murphy Scholars persist to a college degree within six years
What are the organization's key strategies for making this happen?
Giving students scholarships to access high-quality secondary education is only half the battle. To ensure that Scholars navigate the transition to and through the demanding and often different environment of a college preparatory high school, we offer comprehensive, innovative programming to support our Scholars both in and out of the classroom.
DMSF wraparound programming is delivered year-round and includes:
-two-week freshman summer bridge program
-professional tutoring
-adult mentors
-affinity group support
-college selection, affordability and financial aid counseling
-standardized test preparation
-academic support and advising
-community building
-alumni networking and career prep
What are the organization's capabilities for doing this?
Our education and fundraising teams collaborate to ensure that the appropriate resources are available for our Scholars to succeed. Through the support of our volunteers, donors, Board of Directors, and dedicated staff, DMSF Scholars are fully supported.
The education team utilizes the expertise of former educators, former DMSF Scholars themselves, and up-to-date studies to best inform their work. The fundraising team, also relying on education's best practices, builds their work around student need and organizational well-being. Effectiveness and efficiency are DMSF's driving goals .
What have they accomplished so far and what's next?
Since 1989, 3,300 students have attended high school as Murphy Scholars. To continue and magnify our community impact and presence as an organization, DMSF aims to increase the number of Scholars in our program annually. The DMSF Development and Education teams are engaged in strategic planning to increase fundraising efforts, staff capacity, and in-office operations with a focus on major gift solicitation and Scholar recruitment.
Our efforts are paying off as there are 500 students attending high school as Murphy Scholars this year. Amongst our many alumni are Evans, Questbridge, and Posse Scholars, lawyers, business executives, entertainers, politicians, and community activists. DMSF also works tirelessly to ensure best practices are in place in all our work and has a strong track record of financial responsibility and stewardship 3+ decades.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback
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What challenges does the organization face when collecting feedback?
It is difficult to find the ongoing funding to support feedback collection
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
5.11
Months of cash in 2022 info
5.9
Fringe rate in 2022 info
14%
Funding sources info
Assets & liabilities info
Financial data
DANIEL MURPHY SCHOLARSHIP FUND
Balance sheetFiscal Year: Sep 01 - Aug 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Sep 01 - Aug 31
This snapshot of DANIEL MURPHY SCHOLARSHIP FUND’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
Profitability info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $194,050 | -$261,988 | $202,330 | $1,986,969 | -$551,599 |
As % of expenses | 5.0% | -6.5% | 5.4% | 49.5% | -12.6% |
Unrestricted surplus (deficit) after depreciation | $180,644 | -$274,905 | $187,351 | $1,968,410 | -$566,852 |
As % of expenses | 4.6% | -6.8% | 5.0% | 48.8% | -12.9% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $3,303,322 | $3,507,181 | $3,594,138 | $5,172,439 | $4,450,710 |
Total revenue, % change over prior year | -8.1% | 6.2% | 2.5% | 43.9% | -14.0% |
Program services revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 4.9% | 6.9% | 4.9% | 2.1% | 3.6% |
Government grants | 0.0% | 0.0% | 0.0% | 6.0% | 6.8% |
All other grants and contributions | 83.1% | 82.1% | 86.8% | 86.3% | 86.7% |
Other revenue | 12.0% | 11.0% | 8.3% | 5.6% | 2.9% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $3,885,863 | $4,024,101 | $3,766,439 | $4,014,066 | $4,369,123 |
Total expenses, % change over prior year | 1.4% | 3.6% | -6.4% | 6.6% | 8.8% |
Personnel | 28.9% | 30.2% | 30.5% | 35.5% | 31.0% |
Professional fees | 9.0% | 7.7% | 5.9% | 8.7% | 8.4% |
Occupancy | 3.7% | 4.9% | 5.7% | 5.3% | 5.4% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 43.4% | 39.8% | 43.9% | 41.5% | 40.7% |
All other expenses | 15.0% | 17.4% | 14.0% | 9.0% | 14.6% |
Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $3,899,269 | $4,037,018 | $3,781,418 | $4,032,625 | $4,384,376 |
One month of savings | $323,822 | $335,342 | $313,870 | $334,506 | $364,094 |
Debt principal payment | $0 | $0 | $0 | $12,768 | $208,132 |
Fixed asset additions | $63,829 | $0 | $15,195 | $0 | $22,890 |
Total full costs (estimated) | $4,286,920 | $4,372,360 | $4,110,483 | $4,379,899 | $4,979,492 |
Capital structure indicators
Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Months of cash | 4.2 | 5.3 | 6.2 | 8.3 | 5.9 |
Months of cash and investments | 30.2 | 29.2 | 35.8 | 39.9 | 30.1 |
Months of estimated liquid unrestricted net assets | 17.8 | 16.4 | 18.1 | 22.9 | 19.5 |
Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Cash | $1,364,948 | $1,778,419 | $1,942,973 | $2,766,100 | $2,134,072 |
Investments | $8,423,283 | $8,030,210 | $9,297,863 | $10,574,109 | $8,818,676 |
Receivables | $1,810,261 | $1,003,699 | $460,715 | $445,457 | $742,862 |
Gross land, buildings, equipment (LBE) | $103,005 | $104,832 | $120,027 | $114,627 | $137,517 |
Accumulated depreciation (as a % of LBE) | 16.2% | 28.3% | 37.2% | 50.4% | 53.1% |
Liabilities (as a % of assets) | 16.1% | 21.3% | 23.0% | 16.3% | 18.1% |
Unrestricted net assets | $5,841,078 | $5,566,173 | $5,753,524 | $7,721,934 | $7,155,082 |
Temporarily restricted net assets | $3,991,671 | $3,189,621 | N/A | N/A | N/A |
Permanently restricted net assets | $0 | $0 | N/A | N/A | N/A |
Total restricted net assets | $3,991,671 | $3,189,621 | $3,420,160 | $3,897,781 | $2,525,064 |
Total net assets | $9,832,749 | $8,755,794 | $9,173,684 | $11,619,715 | $9,680,146 |
Key data checks
Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Cindy Hallums
In her role as Executive Director, Cindy is responsible for leading the development, strategy and vision of the organization that serves 500 Scholars on their path to high school and college graduation. Cindy has dedicated her career to nonprofit service and educational equity. Cindy rejoined the DMSF team in April 2020 as Chief Education Officer, and previously worked for DMSF from 2008 to 2013. Her prior experience include serving as a Teach for America Corps Member; Director of KIPP to College at KIPP Ascend Charter School; Director of Community Partnerships at Teach for America Chicago-NWI, and Managing Director of Development at Educators for Excellence.
Cindy received her BA in Spanish Language and Literature and Women’s Studies from Rhodes College, and a Master’s Degree in Social Service Administration from the University of Chicago’s Crown Family School of Social Work, Policy, and Practice. She and her husband, Jeff, live in Chicago with their two children.
Interim Chief Advancement Officer
Mark Matejka
Number of employees
Source: IRS Form 990
DANIEL MURPHY SCHOLARSHIP FUND
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
DANIEL MURPHY SCHOLARSHIP FUND
Highest paid employeesSOURCE: IRS Form 990
Compensation data
DANIEL MURPHY SCHOLARSHIP FUND
Board of directorsas of 09/03/2023
Board of directors data
Mr. Mark Ferguson
BartlitBeck LLP
Term: 2020 - 2023
Jorge Alonso
US District Judge for the Northern District of Illinois
Mar Borie
Private Educator
Bob Brown
UBS Global Asset Management, Inc.
Kevin Conway
Cooney and Conway
Mary Jo DeMaio
Philanthropist
Mike Earley
JonesDay
Jim Epstein
Retired Appellate Judge
Mark Ferguson
Bartlit Beck Herman Palenchar & Scott LLP
Chuck Gately
LaSalle Systems
Jim Kaplan
National Investment Services
Patrick Kempton
Prudential Mortgage Capital Company
Chris Klingenstein
Cask Trading
Rocky Lopez
The Randolph Group
Wendy Manning
Consultant
Chris McComish
S&T Bank
Mike Millhouse
Retired - Chicago Equity Partners LLC
Betsy Murphy
Registered Nurse
Mary O'Leary
Retired Starcom Mediavest Group
John Ormsby
Retired - US Foods
Scott Rubenstein
BMO Harris Bank
Jeremy Schlee
PricewaterhouseCoopers
Brad Schotanus
Wintrust Bank
Mark Van Grinsven
Retired - Northern Trust
Allen Weaver
Prudential Capital Group
Greg Zeeman
Oasis Financial
Hank Bernbaum
High Sierra
Chris Boehm
Cresset Partners Private Capital
Teri Brown
Community Philanthropist
Dana Butler
Irma C. Ruiz Elementary School (retired)
Gil Calderon
M4 Capital Management
Amy Carnahan
Marsh
Christopher Carlson
Northern Trust (retired)
Tracy Clark
Barlit Beck LLP
Brad DeHond
Morgan Stanley Private Wealth Management
Tim Donohue
Lantern Partners
Fred Fisher
Mayer Brown
Justin Foley
The Gelber Group
Katie Gottfried
LEAP Learning Systems
Ellen Hoover
Skadden, Arps, Slate, Meagher & Flom LLP
Jason Kang
Abbott
Jim Lynch
Winston & Strawn LLP (retired
Brittany Merritt
The Steve Fund
Pete Mulvey
RSM US LLP
Gretchen Murphy
Illinois Department of Commerce and Economic Opportunity
Odalo Ohiku
City of Milwaukee
Ralph Perez
Skadden, Arps, Slate, Meagher & Flom LLP
Jennifer Richert
Shirley Ryan AbilityLab
Frank Schmitz
PJT Park Hill Real Estate Group
Sally Giegerich
Northern Trust
Erin Mathurin
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
The organization's co-leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
No data
Disability
No data