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The Francis Marion University Development Foundation is a nonprofit organization dedicated to supporting Francis Marion University through the management of student housing and real property, as well as the acceptance of gifts and support as directed by its Board of Directors. With an operating budget of $5.1 million and total revenue of $7.8 million for the 2025 filing year, the foundation plays a crucial role in enhancing university education. Notably, it does not rely on a single funder for 50% or more of its revenue.
Mission Statement
THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF FRANCIS MARION UNIVERSITY, SPECIFICALLY IN MANAGEMENT OF STUDENT HOUSING, OTHER REAL PROPERTY, AND ACCEPTANCE OF GIFTS AND OTHER SUPPORT AS AGREED UPON BY THE FOUNDATION'S BOARD OF DIRECTORS AND THE UNIVERSITY.
Cause Areas
2
University education
Education
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION’s budget?
In 2025, FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION reported an annual operating budget of around $5.1 million. More detailed financial information is available to registered users.
What causes does FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION support?
FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION supports work in University education and Education.
Where does FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION operate?
FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION is headquartered in Florence, SC.
Who funded FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION recently?
In 2024, FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION received grants from DARLA MOORE AND RICHARD RAINWATER FOUNDATION, DARLA MOORE AND RICHARD RAINWATER FOUNDATION, and THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE INC. More information on this organization’s funders is available to registered users.
What is the largest grant FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION received in 2024?
The largest grant to FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION in 2024 exceeds $1 million.