Public Charity

FAYETTEVILLE STATE UNIVERSITY DEVELOPMENT CORP

FAYETTEVILLE STATE UNIVERSITY DEVELOPMENT CORP is a private foundation categorized as Public Charity based in FAYETTEVILLE, NC. Its most recent IRS filing (2025) reports revenue of $-31K, expenses of $79K, total assets of $1.5M. Imperigo tracks 3 reported grants from this foundation totaling approximately $312K.

EIN: 562144768 FAYETTEVILLE, NC Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$-31K
Total Expenses$79K
Total Assets$1.5M
Grants Given3
Grant Total$312K
Filing Years2021–2025

Mission

BUSINESS DEVELOPMENT USING BUSINESS INCUBATOR FOR AREA SURROUNDING FSU CAMPUS.

Sample Grants Given

FAYTETTEVILLE STATE UNIVERSITY
FAYETTEVILLE, NC · 2024
GIFT
$75,000
FAYTETTEVILLE STATE UNIVERSITY
FAYETTEVILLE, NC · 2023
GIFT AND TO COVER THE DEFICIT FROM THE UNIVERISTY SELLING THE BUSINESS CENTER
$212,000
FAYTETTEVILLE STATE UNIVERSITY
FAYETTEVILLE, NC · 2022
STUDENT SCHOLARSHIPS
$25,000

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

CHAIR Dr Ulysses Taylor
DIRECTOR Mr Carl Manning
DIRECTOR Mr Darrell T Allison
DIRECTOR Mr Melvin Mitchell
DIRECTOR Mr Omar Bell
DIRECTOR Mr Victor Sharpe

Officer compensation and complete director data available with membership.

Top Grant Purposes

GIFT AND TO COVER THE DEFICIT FROM THE UNIVERISTY SELLING THE BUSINESS CENTER
$212,000 1 grant
GIFT
$75,000 1 grant
STUDENT SCHOLARSHIPS
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $-31K $79K $1.5M
2024 $-65K $446K $1.5M
2023 $280K $91K $2.1M
2022 $218K $37K $1.9M
2021 $124K $22K $1.7M

Between 2021 and 2025, reported annual revenue moved from $124K to $-31K, with total assets most recently reported at $1.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NC.

NC

Full geographic grant map with state-by-state breakdown available with membership.

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