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.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$27.1M
-2.6% YoY
Annual Giving
$2.4M
+117.9% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$1.2M
+117.9% YoY
About Francis Marion University Development
Based on IRS filings
Francis Marion University Development is a nonprofit organization focused on Education, based in FLORENCE, SC. IRS filing data is available from 2020 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $27,097,598 | $27,833,235 | $27,620,215 |
| Revenue | $7,752,335 | $7,096,786 | $6,730,208 |
| Expenses | $7,497,554 | $5,917,163 | $5,710,871 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $422,051 | $414,723 | $85,499 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DARRYL BRIDGES | TREASURER-VICE PRESIDENT FOR FINANCE & FACILITIES | 0.1 | — |
| KEN JACKSON | VICE-CHAIRMAN | 0.1 | — |
| CARL HUMPHRIES | BOARD MEMBER | 0.1 | — |
| JOYCE DURANT | BOARD MEMBER | 0.1 | — |
| PERRY GRICE | BOARD MEMBER | 0.1 | — |
| HAIEASHA SINGLETARY | EXECUTIVE DIRECTOR | 12 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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