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Francis Marion University

Foundation · Grantmaker Florence, SC EIN: 23-7432174 Website

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

Key facts about Francis Marion University

EIN
23-7432174
Latest 990 filing
Form 990-PF, 2024
Total assets
$57,914,234

Data from IRS Form 990-PF, 2024; updated September 2026.

Next steps with Francis Marion University

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$57.9M

+10.4% YoY

Revenue

$4.8M

-29.6% YoY

Net Investment Income

$2.3M

+286.6% YoY

Expenses

$3.6M

+6.1% YoY

About Francis Marion University

Based on IRS filings

Francis Marion University is a nonprofit organization focused on Education, based in Florence, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $57.9M in total assets. Net investment income was $2.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Cities

Florence

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
Total Assets$57,914,234$52,469,376$44,605,407
Revenue$4,783,857$6,795,846$10,642,837
Expenses$3,573,822$3,368,724$2,764,825
Qualifying Distributions———
Net Investment Income$2,347,636$607,182$924,992
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$45K$90K$136K$181K1 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Dr Luther F Carter — President: $610KDr Luther F CarterPresident$610K

From 2024 IRS filing

NameTitleHoursCompensation
Mrs Teresa C AndersonVice Chair1—
Mr Robert J CampbellDirector1—
Mr Perry GriceDirector1—
Mr Jeff HeltonDirector1—
Mr Carl HumphriesDirector1—
Mr Paul SewardSecretary/Tr1—
Mr Robby SiscoDirector1—
Mr E Hood TempleDirector1—
Mr Kevin M BarthChair1—
Mr Linward EdwardsDirector1—
Mr Paul ReardonDirector1—
Mrs Yvonne DavisDirector1—
Mr Daniel DukesDirector1—
Ms Fran GrayDirector1—
Dr Luther F CarterPresident40$610,000
Mrs Lauren StantonExecutive Di——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Francis Marion University?

Francis Marion University is a nonprofit organization focused on Education, based in Florence, SC. It holds $57.9M in total assets as of 2024.

How large is Francis Marion University?

As of 2024, Francis Marion University holds $57.9M in total assets with $4.8M in annual revenue.

Where does Francis Marion University operate?

Francis Marion University has awarded grants in South Carolina.

What is Francis Marion University's EIN?

Francis Marion University's EIN (Employer Identification Number) is 23-7432174. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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