Public Charity

FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION

FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION, of FLORENCE, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $7.8M in revenue, $7.5M in expenses, $27.1M in total assets. 3 publicly reported grants to this organization, totaling roughly $754K, appear in IRS filings.

EIN: 200118161 FLORENCE, SC Support N.E.C. NTEE: B19 Latest filing: 2025
Total Revenue$7.8M
Total Expenses$7.5M
Total Assets$27.1M
Grant Records3
Funding Total$754K
Filing Years2021–2025

Mission

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.

Where $100 goes at Francis Marion University Development Foundation

How Francis Marion University Development Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$67
The foundation, as part of its mission to support the university, is required to operate, maintain, and lease housing facilities for students and faculty
68% of program spending
$32
The foundation is a program supported agency and acts in accordance with its nonprofit status to provide support to francis marion university
32% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Carl Humphries
TREASURER-VICE PRESIDENT FOR FINANCE & FACILITIES Darryl Bridges
EXECUTIVE DIRECTOR Haieasha Singletary
BOARD MEMBER Joyce Durant
VICE-CHAIRMAN Ken Jackson
BOARD MEMBER Perry Grice

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$750,020 2 grants
Education
$4,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $7.8M $7.5M $27.1M
2024 $7.1M $5.9M $27.8M
2023 $6.7M $5.7M $27.6M
2022 $6.7M $5.2M $27.5M
2021 $6.6M $5.0M $27.0M

Between 2021 and 2025, reported annual revenue grew from $6.6M to $7.8M (+18%), with total assets most recently reported at $27.1M.

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

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