Public Charity

FRANCIS MARION UNIVERSITY EDUCATION FOUNDATION

FRANCIS MARION UNIVERSITY EDUCATION FOUNDATION, of FLORENCE, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $4.1M in revenue, $3.9M in expenses, $62.0M in total assets. 40 publicly reported grants to this organization, totaling roughly $5.7M, appear in IRS filings.

EIN: 237432174 FLORENCE, SC Latest filing: 2025
Total Revenue$4.1M
Total Expenses$3.9M
Total Assets$62.0M
Grant Records40
Funding Total$5.7M
Filing Years2021–2025

Mission

TO PROMOTE THE EDUCATIONAL FUNCTION OF FRANCIS MARION UNIVERSITY BY GRANTS, AWARDS, LECTURES, FEE AND TUITION ASSISTANCE FOR STUDENTS AND PROFESSORS.

Officers & Directors

PRESIDENT Dr Luther F Carter
DIRECTOR Mr Carl Humphries
DIRECTOR Mr Daniel Dukes
DIRECTOR Mr E Hood Temple
DIRECTOR Mr Jeff Helton
DIRECTOR Mr Kevin M Barth

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNIVERSITY SUPPORT
$4,333,423 9 grants
For grant recipient's exempt purposes
$478,172 9 grants
EDUCATION
$300,673 3 grants
NURSING SCHOLARSHIPS
$225,000 3 grants
PROJECT SUPPORT
$165,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.1M $3.9M $62.0M
2024 $4.8M $3.6M $57.9M
2023 $6.8M $3.4M $52.5M
2022 $10.6M $2.8M $44.6M
2021 $7.1M $4.0M $42.5M

Between 2021 and 2025, reported annual revenue declined from $7.1M to $4.1M (-42%), with total assets most recently reported at $62.0M.

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

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