Daniel Murphy Scholarship Fund
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The achiever

Class of 2021 College Matriculation and Scholarships

7/23/2021

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Congratulations to our recent graduates! To date, an impressive 87% of Murphy Scholars have graduated, or are on track to graduate, from college within 6 years of graduating high school. Among our Class of 2021, the following competitive scholarships were earned:
  • 22 Evans Scholars
  • 4 QuestBridge Scholars
  • 3 Posse Scholars
  • 5 Pilchard Scholars
  • 1 HEAR Scholar
  • 2 Jack Kent Cooke Scholars
The full list of colleges where our Scholars are martriculating is below:
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Augustana College
Boston University
Bradley University

Brandeis University
Brown University
Colby College
Colgate University
Columbia College Chicago
Cornell University
Dartmouth College
DePaul University
Dominican University
Duke University
Emory University
Georgetown University
Grinnell College
Harvard College
Illinois College
Illinois State University
Illinois Wesleyan University
Indiana University at Bloomington
Kentucky State University
Lawrence University
Marquette University
Miami University (OH)

Middlebury College
Moody Bible Institute
Morehouse College
National Louis University
North Carolina A&T State University
Northeastern University (MA)
Northwestern University

Oberlin College
Occidental College
Ohio Wesleyan University
Parkland College
Pitzer College
Pomona College
Princeton University
Southern Illinois University at Carbondale
Southern Methodist University
Stanford University
Syracuse University
Texas Christian University
Tufts University
University of Arizona
University of Chicago
University of Illinois at Chicago
University of Illinois at Urbana-Champaign
University of Michigan at Ann Arbor
University of Missouri at Columbia
University of Pennsylvania

University of South Carolina Upstate
University of Southern California
University of Wisconsin at Madison
Villanova University
Webster University
Yale University

*Colleges in bold have more than 1 Scholar attending.
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Black History Month: Celebrating Black Excellence

2/23/2021

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In celebration of Black History Month, DMSF is conducting a variety of programming activities for both Scholars and staff.
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On February 24, Murphy Scholars will view and discuss The Prep School Negro an autobiographical film by Andre Robert Lee. Lee recounts his youth as the son of a Black garment factory worker who received a scholarship at the age of 14 to attend a predominantly white prep school outside of Philadelphia. We will also host a Black History Month trivia night on Saturday, February 27. 

On February 26, the DMSF staff will discuss The Vanishing Half by Brit Bennett. The #1 New York Times Bestseller and A Good Morning America Book Club Pick novel is about twin sisters, inseparable as children, who ultimately choose to live in two very different worlds.
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Murphy Scholar Alumni to Intern at William Blair

2/22/2021

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Thanks to our friends at William Blair who recently offered summer internships to two Murphy Scholar alumni Jackleyn Baldwin and Nicholas Herman. Jackelyn is a graduate of St. Ignatius College Prep, Class of 2020, and a current freshman at Harvard University. Nicholas is a graduate of St. Patrick’s High School, Class of 2019, and a current sophomore at Case Western Reserve University. Both Jackelyn and Nicholas will intern within William Blair’s Private Wealth Management division this coming summer. 

Our thanks to DMSF board member and Murphy Scholar Alum Yan Krasov for helping spearhead this effort for our DMSF Alumni. We also wish to thank longtime DMSF advocate and friend Steve Elkins and his team at William Blair for this wonderful opportunity. Good luck, Jackleyn and Nicholas! 
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If you and or your company have internships or employment opportunities please contact our Director of Alumni Affairs & College Support, Nick Cross at nick@dmsf.org
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RSM Birdies Fore Love Program Raises $35,000 for DMSF

2/22/2021

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A leader in audit, tax and consultancy, RSM, through their charitable giving platform Birdies Fore Love and the RSM US Foundation, generously donated $35,000 to DMSF. Making an impact in the communities where their employees live and work is one of the company’s greatest triumphs, and we at DMSF are grateful for the many RSM Chicago employees  who have championed DMSF through personal donations and annual fundraising events over the last decade. DMSF Board Member and RSM Partner Pete Mulvey shared recently, “We are extremely proud of our partnership with the Daniel Murphy Scholarship Fund through the Birdies Fore Love program and through our employee engagement efforts that occur throughout the year. We are committed to giving back and the DMSF mission of providing educational access and opportunity is one we value deeply and are committed to.” 

Since the inception of The RSM Classic, RSM and the Davis Love Foundation have donated more than $21 million to charities that support children and families in the areas of education, health and human services. Thank you RSM! 

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Class of 2020 - College Acceptances

7/6/2020

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Congratulations to the Murphy Class of 2020! Though this wasn’t the year-end anyone could have imagined, the class endured the transition to e-learning, missed proms, sporting and artistic events and virtual/drive by graduations. This class overcame incredible uncertainty and achieved remarkable accomplishments, including a record number of Ivy League acceptances (9), Evans Scholarship awardees (31), Posse Scholars (6), Questbridge Scholars (1), and Pilchard Scholarships. We are proud of our graduates and wish them continued success as they embark on their college career.
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The complete list of schools where they are matriculating this fall: 
Augustana College - 2
Bates College
Bradley University
Brown University - 2
Claremont McKenna College - 2
Columbia University (NYC) - 2
Concordia University-Chicago
Connecticut College
DePaul University
DePauw University
Dominican University
Georgetown University
Harvard University
Howard University - 2
Illinois College
Illinois State University
Indiana University-Bloomington - 3
Kansas State University
Lewis & Clark College
Long Island University, Brooklyn
Loyola University Chicago - 2
Macalester College

Marquette University - 7
Miami University-Oxford - 2
Middlebury College
Milwaukee School of Engineering

National Louis University - 2
Northwestern University - 3
Oberlin College
Pitzer College
Pomona College - 2
Princeton University
Rhodes College
Saint Louis University
Saint Xavier University - 2
Soka University of America
St Olaf College
The Ohio State University
Trinity Christian College
Tufts University
University of Chicago
University of Colorado Boulder
University of Illinois at Chicago - 6
University of Illinois at Urbana-Champaign - 17
University of Louisville
University of Michigan-Ann Arbor - 3
University of Missouri-Columbia
University of Oregon
University of Pennsylvania - 2
University of Wisconsin-Madison
Yale University
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Murphy Scholars in Action

7/6/2020

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Martin Hunter, Murphy Scholar alum of the Class of 2012, and current Portfolio Associate at Wells Fargo, founded the West Side Coalition as a way to give back to his community and lead by example. We are grateful for your service to the community, Martin!
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Health & Wellness Workshops

7/6/2020

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In hopes of encouraging Scholars to practice self-care, our Scholars participated in a few yoga and stress reductions workshops through a Health & Wellness series in partnership with Integrative Pathways to Healing. We are grateful to DMSF Co-founder Betsy Murphy who led the Scholars in these popular workshops.
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2020 Summer Caddie Program Update

7/6/2020

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From virtual meetings, college exploration, engagement opportunities, and a weekly Leadership Speaker Series, we remain committed to keeping our Murphy Scholar Caddies connected to one another and focused on their educational aspirations.
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The caddies have been given the opportunity to attend virtual college exploration and information sessions offering prospective Murphy Scholars and their families an opportunity to learn more about the academic and co-curricular life at Evans Scholarship schools. These hosted sessions for the University of Michigan and the University of Illinois provide insight into the admissions, financial aid and scholarship process. As we transition to Phase 4 of reopening, we continue to monitor the reduced restrictions with golf and caddying, and are delighted that several of our Murphy Scholars have recently been able to get back to work as caddies at some partner clubs.

Thanks to Murphy Scholar Sarahi (University of Chicago Lab School, Class of 2021) for sharing her reflections on the Caddie Program.


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DMSF Seeking Volunteer Mentors

7/1/2020

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DMSF is looking for individuals to help Murphy Scholars achieve a positive scholastic journey throughout high school. One immediate way is to be a mentor for a Scholar. With the help of a mentor, Scholars learn life skills and receive the guidance necessary to be successful in high school and beyond. If interested, please complete the volunteer mentor application. Need more information? Join us for a Mentor Virtual Information Session. This will be an opportunity to learn more about the Mentor Program and mentor responsibilities. RSVP for one of the dates below:
  • July 13th at 6:00 PM
  • July 16th at 4:00 PM
  • July 22nd at 12:00 PM
For other volunteer opportunities such as interviewing, application reading, committee involvement, and event support, please click here to let us know where and how you can help.
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Charitable Giving Incentives in the CARES Act

5/1/2020

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The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, was signed into law on Friday, March 27. The bill includes several provisions with implications for philanthropic organizations. Highlighted below is a summary of key changes that apply for the 2020 tax year. Please note these only apply for contributions to public charities. Contributions made to donor advised funds (DAF) or supporting organization do not apply.
 
New Charitable Deduction Limits: As part of the bill, individuals and corporations that itemize can deduct much greater amounts of their contributions. Individuals can elect to deduct donations up to 100% of their 2020 AGI (up from 60% previously). Corporations may deduct up to 25% of taxable income, up from the previous limit of 10%. The new deduction is for gifts that go to a public charity, such as DMSF. The old deduction rules apply to gifts to private foundations. The higher deduction does not apply to donations directly to a DAF.

Non-itemizers can take a charitable deduction: The adjustment is only available for cash gifts to qualified public charities in 2020 and is limited to $300 per taxpayer ($600 for a married couple) in annual charitable contributions. It is an “above the line” adjustment to income that will reduce a donor’s adjusted gross income (AGI), and thereby reduce taxable income. This is particularly beneficial to people who take the standard deduction when filing their taxes (in other words for taxpayers who do not itemize their deductions).
 
Required Minimum Distributions (RMD) Waived: In 2020, there will be no mandatory distributions from retirement accounts such as IRA, 401(k), 403(b) or other defined contribution plans, regardless of the age of the account owner. RMD for individuals over age 70 ½ are suspended until 2021. This includes distributions from defined benefit pension plans and 457 plans. The RMD is an attractive way for donors to make a significant charitable gift directly from their IRA to a charity through a qualified charitable contribution (QCD) while avoiding taxable income. The suspension of the RMD may dampen somewhat the incentive for a donor who makes a gift from their IRA to count toward that minimum. However, the tax benefit of the QCD remains.
Donors directing a QCD to charity this year (up to $100,000 per individual) will still reduce their taxable IRA balance. This allows all taxpayers, itemizers and non-itemizers alike, to direct gifts from their IRA to charities in a tax efficient manner.

If your assets are substantial enough that you can give more than your income this year, you won’t lose the deduction for the excess amount. You can use it next year, as has always been the case.
 
If you have questions or would like assistance making a donation, you can contact us at development@dmsf.org
Donate NOW
This information is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.
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Daniel Murphy Scholarship Fund

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309 West Washington, Suite 700
​Chicago, IL 60606

312-455-7800
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  • WHAT WE DO
    • The Need
    • Our Solution
    • Our Programs
    • Our Results
  • Who We Are
    • Mission & History
    • Staff
    • Governance
    • Transparency
    • DMSF News >
      • Someone You Should Know
  • Partner With Us
    • Volunteer
    • Invest
    • Attend Events >
      • Annual Golf Classic
      • Award Ceremony
    • Join Our Team
    • Contact Us
  • Murphy Scholars
    • SCHOLAR PROFILE
    • Aspiring Scholars
    • Partner Schools
    • Current Scholars
    • Alumni
  • Donate
    • Full Circle Society
  • Translate