Francis Marion University Development Foundation
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.
Francis Marion University Development Foundation at a glance
In short: Francis Marion University Development Foundation gave $2.4M across 2 grants in 2025 (avg $1.2M), mostly in South Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,393,958
- +117.9% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $1,196,979
- +117.9% vs 2024
- Median grant
- $1,196,979
- Total assets
- $27,097,598
- -2.6% vs 2024
- Primary geography
- South Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Francis Marion University Development Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Francis Marion University ($2.2M). Together the top 2 received $2.4M.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 10 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Francis Marion University Development Foundation gives
- Giving grew 310% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $504K (2021) to $2.4M (2025). In 2025 it made 2 grants totaling $2.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Francis Marion University Florence, SC | University Support | $2,192,683 |
| FMU Education Foundation Florence, SC | University Support | $201,275 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $27,097,598 | $7,752,335 | $7,497,554 | $2,393,958 | 2 | $422,051 |
| 2024 | $27,833,235 | $7,096,786 | $5,917,163 | $1,098,678 | 2 | $414,723 |
| 2023 | $27,620,215 | $6,730,208 | $5,710,871 | $968,915 | 2 | $85,499 |
| 2022 | $27,512,259 | $6,663,284 | $5,208,103 | $583,988 | 2 | $2,393 |
| 2021 | $27,042,578 | $6,587,347 | $4,956,596 | $503,941 | 2 | $31,181 |
| 2020 | $26,120,149 | $6,292,316 | $5,217,335 | $654,533 | 2 | $110,117 |
| 2019 | $26,314,567 | $6,198,317 | $5,754,171 | $947,491 | 2 | $107,653 |
About Francis Marion University Development Foundation
Based on IRS filings
Francis Marion University Development Foundation is a public charity focused on Education, based in Florence, SC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $27.1M in total assets. In 2025, it awarded 2 grants totaling $2.4M. Net investment income was $422K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Francis Marion University Development Foundation is led by Haieasha Singletary, Executive Director since 2025 (on filings since 2022); none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Haieasha Singletary
Executive Director
Executive Di → Executive Director, 2025
On filings since 2022
12 hrs/week
No compensation reported
Perry Grice
Board Member
Chairman → Board Member, 2024
On filings since 2019
0.1 hrs/week
No compensation reported
Darryl Bridges
Treasurer-Vice President for Finance & Facilities
Treasurer → Board Member, 2021
Board Member → Treasurer-Vice President for Finance & Facilities, 2025
On filings since 2020
0.1 hrs/week
No compensation reported
Ken Jackson
Vice Chairman
Board Member → Vice Chairman, 2025
On filings since 2022
0.1 hrs/week
No compensation reported
Carl Humphries
Board Member
On filings since 2024
0.1 hrs/week
No compensation reported
Joyce Durant
Board Member
On filings since 2024
0.1 hrs/week
No compensation reported
Former officers (9)
- Former: James Harrell (2019–2023) — Board Member
- Former: Jay Kispert (2021–2023) — Chairman
- Former: Paul Seward (2022–2023) — Board Member
- Former: Erika Cook (2019–2022) — Executive Di
- Former: Floyd Keels (2019–2021) — Board Member
- Former: Cathy Frederick (2021) — Board Member
- Former: Cathy Lee (2020) — Secretary
- Former: John Kispert (2019) — Treasurer
- Former: Lauren Stanton (2019) — Secretary
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Francis Marion University Development Foundation
How much does Francis Marion University Development Foundation give each year?
Francis Marion University Development Foundation gave $2.4M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.1M across 2 grants.
How large is Francis Marion University Development Foundation?
Francis Marion University Development Foundation reported $27.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $7.8M.
What is Francis Marion University Development Foundation?
Francis Marion University Development Foundation is a public charity focused on Education, based in Florence, SC. It holds $27.1M in total assets as of 2025.
Where does Francis Marion University Development Foundation operate?
Francis Marion University Development Foundation has awarded grants in South Carolina.
What is Francis Marion University Development Foundation's EIN?
Francis Marion University Development Foundation's EIN (Employer Identification Number) is 20-0118161. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS July 9, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS April 28, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 4, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 7, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS January 21, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Francis Marion University Development Foundation funds
Education Open opportunities, soonest deadline first.
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Browse active grant opportunities in Francis Marion University Development Foundation's focus areas in our free grants database
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