Overview

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Est.

2003

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION is a nonprofit supporting Francis Marion University through management of student housing, other real property, and acceptance of gifts and related support as approved by its board and the university. In filing year 2025, it operated at a $5.1M budget with $7.8M in total revenue, and its largest listed funders included DARLA MOORE AND RICHARD RAINWATER FOUNDATION, FRANCIS MARION UNIVERSITY EDUCATION FOUNDATION, and THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE INC.

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.
Revenues
$7.8M
Expenses
$7.5M
Net Income:
+$254.8K
Assets
$27.1M
Liabilities
$14.1M
Net Assets:
+$13M
Operating Budget
$5.1M
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
1
Median grant size
$1M
Largest grant received
$1M
C
Carl Humphries
Board Member
J
Joyce Durant
Board Member
P
Perry Grice
Board Member
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  • 4 funders
  • 22 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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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.