Philip and Tammy Murphy

NET WORTH: Unknown 

SOURCE OF WEALTH: Goldman Sachs 

FUNDING AREAS: Education & Youth, Policy & Global, Health & Human Services, Arts & Culture

OVERVIEW: Philip Murphy and his wife Tammy move their philanthropy through the Murphy Family Foundation. The couple are civically active, particularly in their state of New Jersey. The couple established New Start New Jersey, a “think and do” organization. 

BACKGROUND: Murphy earned his bachelor’s degree from Harvard in 1979 and a master’s degree from Wharton in 1983. Murphy worked for over twenty years at Goldman Sachs, ending his full-time career on the firm’s management committee in 2003. In recent years, Murphy has been involved in civic and political life, including serving as U.S. ambassador to the Federal Republic of Germany. In 2017, he was elected governor of New Jersey. 


EDUCATION & YOUTH: Murphy and Tammy founded 2nd Floor, a teen and adult helpline in New Jersey. Via their family foundation, the couple has supported places like Boys and Girls Club of Monmouth County, Rutgers University Foundation, Prep for Prep, Year Up, Beacon Academy, Trinity College, Haverford College, Rutgers University Foundation, Phillips Academy, and University of Virginia. Quite a few of these schools have personal connections to the family. Tammy, for instance, graduated from Phillips Academy and UVA, and sits on the board. 

POLICY & GLOBAL: Given Murphy's role in politics, it's no surprise that a component of this family's philanthropy involves policy and global outfits. What's more, the entire Murphy family lived abroad in Germany for several years and the couple established New Start New Jersey, a "think and do" organization whose mission is to strengthen New Jersey’s middle class. The family via their foundation has supported places like the Center for American Progress, American Council on Germany, Alliance for Climate Protection, National Diplomacy Center Foundation, New Jersey Policy Perspective, Brookings Institute, National Democratic Institute, and the NAACP.

HEALTH & HUMAN SERVICES: Grantees have included Covenant House, Deborah Hospital Foundation, Parker Family Health Center, and The United Way of South Hampton Roads. Murphy also once served as board president of 180 Turning Lives Around, which offers support for victims of domestic violence.

ARTS & CULTURE: Grantees have included Count Basie Theater, Monmouth County Historical Association, Jewish Historical Society of Greater Washington, and Foundation for Art and Preservation in Embassies, where Tammy is on the board.


The Murphy Family Foundation does not provide a clear avenue for getting in touch with the couple but below is an address

The Murphy Family Foundation
Bowling Green Sta., P.O. Box 73
New York City, NY 10274