The Wallace C. Murchison Papers contain personal correspdonce, financial documents, memos and programs, his political work with Senator Alton Lennon and New Hanover County polling sites, publications and correspondence regarding the Diocese of Eastern Carolina, wills and financial documents of the Diocese, publications on housing from the government and private companies, Murchison's home floor plans, and housing advertisements and handwritten specifications for additions.

The North Carolina Fund portion of the collection includes annual reports, grant proposals, correspondence, progress reports, publications, and newspaper clippings associated with the North Carolina Fund, a non-profit corporation established in North Carolina to help alleviate poverty in the state, with emphasis on better educational opportunities.