The
Yo Murphy Foundation was founded on the simple,
honest foundation of “giving back.” Throughout
his life, Yo has always given of his time, energy
and resources to help those around him and the
Foundation was formed as a way of organizing and
managing all of these efforts. The Foundation
will help Yo give back what he has learned as a
professional athlete in an effort to encourage
others to pursue their dreams.
The Yo Murphy Foundation derives its operating income from a number of sources, including individual donations and gifts, corporate sponsorships, income generated by fund raising promotions, public speaking engagements and personal appearances by Yo Murphy on behalf of the Foundation.
The Foundation's goal is to allocate a minimum of eighty percent of the total operating income directly supports Foundation programs, leaving just twenty percent to cover all operating expenses and Foundation administrative costs and expenses. All of the financial dealings of The Yo Murphy Foundation, as well as decisions regarding program administration, are the responsibility of the Foundation’s Board of Directors, a group of volunteers representing a cross-section of the community and its Chairman.
Contributions to The Yo Murphy Foundation in support of its programs are intended to be deductible to the full extent allowable by law. Chartered as a non-profit organization, The Yo Murphy Foundation is operated exclusively for charitable, literary or educational purposes. For such purposes, it may promote, establish, conduct and maintain activities on its behalf, or it may contribute to or otherwise assist other corporations, organizations and institutions that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1986 as amended from time to time, or corresponding sections of any future federal tax codes.
The Yo Murphy Foundation derives its operating income from a number of sources, including individual donations and gifts, corporate sponsorships, income generated by fund raising promotions, public speaking engagements and personal appearances by Yo Murphy on behalf of the Foundation.
The Foundation's goal is to allocate a minimum of eighty percent of the total operating income directly supports Foundation programs, leaving just twenty percent to cover all operating expenses and Foundation administrative costs and expenses. All of the financial dealings of The Yo Murphy Foundation, as well as decisions regarding program administration, are the responsibility of the Foundation’s Board of Directors, a group of volunteers representing a cross-section of the community and its Chairman.
Contributions to The Yo Murphy Foundation in support of its programs are intended to be deductible to the full extent allowable by law. Chartered as a non-profit organization, The Yo Murphy Foundation is operated exclusively for charitable, literary or educational purposes. For such purposes, it may promote, establish, conduct and maintain activities on its behalf, or it may contribute to or otherwise assist other corporations, organizations and institutions that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1986 as amended from time to time, or corresponding sections of any future federal tax codes.
