Prince George's Financial Services Corporation logo

Prince George's Financial Services Corporation

Public charity · Grantmaker Largo, MD EIN: 52-1305988 Website

PRINCE GEORGE'S FINANCIAL SERVICES, known on its website as FSC First, is a public charity based in Largo, Maryland. Founded in 1978 in Prince George’s County, it provides financing and related services to small businesses; its 2025 filing also reports grants to Maryland recipients.

Key facts about Prince George's Financial Services Corporation

In short: Prince George's Financial Services Corporation gave $866K across 79 grants in 2025 (avg $11K), mostly in Maryland. 89% of 2025 grantees were new. Source: 2025 IRS Form 990.

EIN
52-1305988
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$866,045
Grants made (2025)
79
Average grant
$10,963
Median grant
$10,000
New grantees (estimate)
89% first-time grantees (68 of 76, 2025)
Total assets
$12,100,102
Primary geography
Maryland (100% of itemized 2025 grant dollars)
How to apply
For the Small Business Capital and Growth Stimulus Fund Tech Grant, the website says applicants must complete Parts 1 and 2 of the application. Full details ↓

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$12.1M

-10.7% YoY

Annual Giving

$866K

+5.6% YoY

Grant Count

79

-3.7% YoY

Avg Grant Size

$11K

+9.6% YoY

Is Prince George's Financial Services Corporation open to new grantees?

89%

first-time grantees, 2025

In 2025, 68 of 76 grantees (89%) were first-time recipients. First grants averaged $12K; repeat grants $10K. How we count

Medians: $10K first-time, $10K repeat.

  • 8% of 2025 grantees were also funded in 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

In its 2024 filing, the organization said its principal objective is to provide financing solutions that help small businesses grow the local economy and strengthen communities. Its website describes a mission of providing business financing solutions to established and emerging businesses in Maryland and administering loan programs intended to stimulate local economic growth.

The website lists financing for commercial real estate, equipment, working capital, and business expansion, among other purposes. Its Small Business Capital and Growth Stimulus Fund Tech Grant is for qualifying technology companies and startups seeking to expand, build capacity, retain businesses, or create or retain jobs.

The 2025 grants include support for organizations with varied missions. For example, Bi-County Business Roundtable says it provides training and networking opportunities. Bowie Business Innovation Center says it works to accelerate company growth, innovation, and job generation through counseling, mentoring, networking, and access to facilities. Prince Georges Chamber of Commerce says its mission is to preserve the competitive free enterprise system in the county. Destiny Power & Purpose says it helps people break cycles of repeated drug use and incarceration through empowerment.

Grantmaking

In 2025, the filing reports 79 grants totaling $866,045. Grant amounts ranged from $7,050 to $100,000, with a median of $10,000. Listed grant purposes include the Small Business Community Growth Stimulus Funds Grant and Purple Line.

Your AI grants department

Ready to take the next step with Prince George's Financial Services Corporation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

The organization’s website describes its financing work as serving businesses in Maryland, with a particular history of service in Prince George’s County. The 2025 filing reports that 100% of grant dollars went to recipients in Maryland.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 79 itemized grants.

States

Cities

HyattsvilleBowieUpper MarlboroCollege ParkLanhamLaurelRiverdaleFort WashingtonLargoCapitol HeightsGreenbeltMount RainierOxon HillBeltsvilleAdelphiBrandywineTemple HillsLandoverClintonMitchellville

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M0 grants2019 0 grants2020 145 grants2021 0 grants2022 0 grants2023 82 grants2024 79 grants2025

From 2021 to 2025, annual grant giving ranged from $820K (2024) to $905K (2021). In 2025 it made 79 grants totaling $866K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Fresh Green Corp: $100KFresh Green Corp$100KBi-County Business Roundtable: $22KBi-County Business Roundtable$22KBowie Business Innovation Center: $17KBowie Business InnovationCenter$17KThe City of Greenbelt: $15K across 2 grantsThe City of Greenbelt$15K · 2 grantsPrince George's Chamber of Commerce: $15KPrince George's Chamber ofCommerce$15KWomen of Prince Georges: $15K across 2 grantsWomen of Prince Georges$15K · 2 grantsThe City of Laurel: $15K across 2 grantsThe City of Laurel$15K · 2 grantsTown of Bladensburg: $11KTown of Bladensburg$11KJr Wireless Accessories: $10KJr Wireless Accessories$10KBD Convenience LLC: $10KBD Convenience LLC$10K

The largest 2025 recipient was Fresh Green Corp ($100K). Together the top 10 received $230K.

Grant Size Distribution

306 grants across all recorded years

305<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 305 grants of 306 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fresh Green Corp Bowie, MDSmall Business Community Growth Stimulus Funds Grant$100,000
Bi-County Business Roundtable Mitchellville, MDSmall Business Community Growth Stimulus Funds Grant$22,245
Bowie Business Innovation Center Bowie, MDSmall Business Community Growth Stimulus Funds Grant$16,500
Prince George's Chamber of Commerce Lanham, MDSmall Business Community Growth Stimulus Funds Grant$15,000
Town of Bladensburg Bladensburg, MDSmall Business Community Growth Stimulus Funds Grant$11,250
Jr Wireless Accessories Hyattsville, MDPurple Line$10,000
BD Convenience LLC Hyattsville, MDPurple Line$10,000
Fovo Fahion Lab LLC Hyattsville, MDPurple Line$10,000
Umoren Dental Services PC Adelphi, MDPurple Line$10,000
Esther's Alteration and Tailoring Riverdale, MDPurple Line$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants reported
2025 $12,100,102 $4,620,994 $4,580,755 $866,045 (79 grants)
2024 $13,548,802 $4,985,796 $4,603,349 $820,000 (82 grants)
2023 $8,799,436 $3,279,015 $2,923,950 0 grants
Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$12,100,102$13,548,802$8,799,436
Revenue$4,620,994$4,985,796$3,279,015
Expenses$4,580,755$4,603,349$2,923,950
Net Investment Income$99,267$34,288$15,839

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  2. Added Form 990 for fiscal year 2019 (received by the IRS July 15, 2020)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS May 8, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Shanton Kittler as chair, Greg Bedward as vice chair, Terrence A. Beverly as treasurer, and Valarie Dock as secretary. Directors listed are QC Jones, Warren Burris, Cassius Priestly, Simone C. Johnson, Sonja Wells, and Kelly Vaughn.

Prince George's Financial Services Corporation is led by Dawn R. Medley, President & CEO since 2025 (on filings since 2019); 6 of 24 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Dawn R. Medley

    President & CEO

    Senior Vice President Business Finance → Presedent & Ceo- -Current, 2023

    Presedent & Ceo- -Current → President & CEO, 2025

    On filings since 2019

    40 hrs/week

    $134K (2019) → $209K (2025)

  • Shanton S. Kittler

    Chair

    Director → Vice Chair, 2023

    Vice Chair → Chair, 2025

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Angie Rogers

    Director

    Director - Non-Voting → Director, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Qc Jones

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Simone C. Johnson

    Director

    Director - Non-Voting → Director, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Sonja Wells

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Warren Burris

    Director

    Director - Non-Voting → Director, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Annette Johnson

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Cassius Priestly

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Deon Norris

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Kelly Vaughn

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Marcus N. Daniels

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • N. Gordon Knox

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Pam Scott

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Peter C. Gibbs

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Steven R. Carpenter

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Beverly Everson-Jones

    Chief Financial & Operational Officer

    CFO → Chief Financial & Operational Officer, 2025

    On filings since 2021

    40 hrs/week

    $128K (2021) → $187K (2025)

  • James Steward Smith

    Vice President - Business Development

    Vice President- Business Development → Vice President - Business Development, 2025

    On filings since 2023

    40 hrs/week

    $115K (2023) → $129K (2025)

  • Andrea Schauer

    Senior Loan Underwriter

    On filings since 2024

    40 hrs/week

    $128K (2024) → $113K (2025)

  • Dipti Patel

    Vice President - Business Finance

    Vice President- Business Finance → Vice President - Business Finance, 2025

    On filings since 2024

    40 hrs/week

    $161K (2024) → $139K (2025)

  • Kathy Morant

    Senior Portfolio Manager

    S. Portfolio Manager → Senior Portfolio Manager, 2025

    On filings since 2024

    40 hrs/week

    $134K (2024) → $114K (2025)

  • Terrence A. Beverly

    Treasurer

    Director → Treasurer, 2021

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Valarie Dock

    Secretary

    Director → Secretary, 2025

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Greg Bedward

    Vice Chair

    Director → Secretary, 2024

    Secretary → Vice Chair, 2025

    On filings since 2023

    4 hrs/week

    No compensation reported

Former officers (14)
  • Former: Garrett Jackson (2019–2024) — Director
  • Former: John Hale III (2019–2024) — Chair
  • Former: Peter Sorge (2019–2024) — Chairman Emeritus Non-Voting
  • Former: Diane Brown (2019–2023) — Director
  • Former: Mirinda D. Jackson (2019–2023) — Director
  • Former: Shelly M. Gross-Wade (2019–2023) — Presedent & Ceo- -
  • Former: John Halley (2021–2023) — Secretary
  • Former: Eben Smith (2019–2022) — Secretary
  • Former: Kenneth L. White (2019–2022) — Director
  • Former: Andrea C. Harrison (2020–2022) — Director
  • Former: Kiesha Haughton (2019–2020) — Director
  • Former: Maurice D. Walker (2019–2020) — Treasurer
  • Former: Ken Kelly (2020) — Director
  • Former: Edward Tuvin (2019) — Director

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.

Compensation Overview

From 2025 IRS filing

Dawn R Medley — President & CEO: $209KDawn R MedleyPresident & CEO$209KBeverly Everson-Jones — Chief Financial & Operational Officer: $187KBeverly Everson-JonesChief Financial & Operational…$187KDipti Patel — Vice President - Business Finance: $139KDipti PatelVice President - Business…$139KJames Steward Smith — Vice President - Business Development: $129KJames Steward SmithVice President - Business…$129KKathy Morant — Sr. Portfolio Manager: $114KKathy MorantSr. Portfolio Manager$114KAndrea Schauer — Sr. Loan Underwriter: $113KAndrea SchauerSr. Loan Underwriter$113K

The highest reported compensation on the 2025 filing was $209K, to Dawn R Medley (President & CEO). 6 officers or directors reported compensation on that filing.

Contact

Mailing address: 1801 Mccormick Drive Suite 300, Largo, MD 20774
Phone: (301) 883-6900
Website: https://fscfirst.com

Frequently asked questions about Prince George's Financial Services Corporation

How much does Prince George's Financial Services Corporation give each year?

Prince George's Financial Services Corporation gave $866K across 79 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $820K across 82 grants.

What is Prince George's Financial Services Corporation's typical grant size?

Prince George's Financial Services Corporation's median grant in 2025 was $10,000, and its average grant was $10,963, across 79 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Prince George's Financial Services Corporation that year got $12K on average.

Where does Prince George's Financial Services Corporation give grants?

Prince George's Financial Services Corporation gives mostly in Maryland: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Hyattsville, MD (16 grants), Upper Marlboro, MD (11 grants), Lanham, MD (7 grants) and Bowie, MD (6 grants).

Does Prince George's Financial Services Corporation give general operating support?

Not in 2025: none of the 79 grants with a stated purpose on Prince George's Financial Services Corporation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Small Business Community Growth Stimulus Funds Grant" (62 grants) and "Purple Line" (17 grants).

Who are Prince George's Financial Services Corporation's largest grantees?

Prince George's Financial Services Corporation's largest 2025 grantees include Fresh Green Corp ($100,000), Bi-County Business Roundtable ($22,245) and Bowie Business Innovation Center ($16,500), according to its 2025 IRS Form 990. Together they received 16% of its itemized 2025 grant dollars.

How large is Prince George's Financial Services Corporation?

Prince George's Financial Services Corporation reported $12.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.6M.

What does Prince George's Financial Services Corporation fund?

In its 2024 filing, the organization said its principal objective is to provide financing solutions that help small businesses grow the local economy and strengthen communities. See mission & focus areas ↑

How do I apply for a grant from Prince George's Financial Services Corporation?

For the Small Business Capital and Growth Stimulus Fund Tech Grant, the website says applicants must complete Parts 1 and 2 of the application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Prince George's Financial Services Corporation's EIN?

Prince George's Financial Services Corporation's EIN (Employer Identification Number) is 52-1305988. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Your AI grants department

Here's the math on researching Prince George's Financial Services Corporation by hand.

Explore Open Grants

Browse active grant opportunities in Prince George's Financial Services Corporation's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Maryland

College Park Arts Exchange Inc

College Park, MD

Connect the community through art

Assets

$120K

Grants

1

Total Given

$30K

Maryland League of Conservation Voters Education Fund Inc

Annapolis, MD

Maryland League of Conservation Voters Education Fund inc works to educate and activate marylanders to take equitable and just actions for clean water, heatlhy air, and climate-resilient communities.

Assets

$1.4M

Grants

0

Total Given

$35K

Foley Hoag Foundation

Wilmington, DE

The Foley Hoag Foundation funds programs addressing inequity and advancing social justice, including arts and culture, youth development, education and job readiness, criminal justice reform, and civic engagement. Its 2024 grants ranged from $2,500 to $17,000, with a median of $5,500, and primarily supported organizations in the firm’s U.S. cities, including Massachusetts, New York, Virginia, Washington, D.C., and Maryland. It generally funds preselected organizations; unsolicited requests are permitted only for Boston-area applicants.

Assets

$69K

Grants

61

Total Given

$367K

Edward St John Foundation Inc

Baltimore, MD

Assets

$105K

Grants

74

Total Given

$326K

Capital One Foundation Inc

McLean, VA

The foundation supports economic opportunity and financial well-being, including affordable housing, small-business growth, financial capability, education, and workforce development. Its 2025 grants ranged from $40,000 to $10 million, with a median of $122,500, and the largest shares went to organizations in Washington, D.C., Texas, and New York. It funds only preselected charitable organizations and does not accept unsolicited requests.

Education

Assets

$327.8M

Grants

102

Total Given

$36.0M

CLA Foundation

Minneapolis, MN

CLA Foundation funds organizations focused on education, workforce preparation, youth employment, and child care, with the largest shares of 2024 grant dollars going to recipients in Minnesota, Wisconsin, Maryland, Massachusetts, and Pennsylvania. Its 2024 grants ranged from $5,000 to $200,000, with a median of $14,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.6M

Grants

202

Total Given

$3.3M

United Way of the National Capital Area

Vienna, VA

United Way of the National Capital Area funds local nonprofits working on community health, youth opportunity, financial stability, and related needs such as food access, education, and employment. Its 2025 grants ranged from $5,048 to $515,285, with a median of $11,348, and supported organizations in Washington, D.C., parts of Virginia, and parts of Maryland; eligible nonprofits apply through an annual online partnership process.

Philanthropy, Voluntarism & Grantmaking

Assets

$48.8M

Grants

210

Total Given

$6.6M

TD Charitable Foundation

Portland, ME

The foundation funds education, human services, housing and financial stability, nonprofit capacity-building, and community programs, with particular consideration for underserved and low- to moderate-income communities. Its stated award range is $135–$475,000, though the 2025 median grant was $10,000; it focuses primarily on Florida, New Jersey, and New York. It accepts unsolicited requests through online applications from eligible 501(c)(3) public charities in states with a TD Bank, N.A. branch.

Philanthropy, Voluntarism & Grantmaking

Assets

$9.1M

Grants

1,003

Total Given

$24.9M

Local Initiatives Support Corporation

New York, NY

Local Initiatives Support Corporation funds affordable housing, economic development, education, health, child care, small businesses and other community initiatives, often through grants, loans and equity. Its 2024 grants had a median of $40,000, with awards ranging from $5,189 to $4.7 million, and its work spans communities across all 50 states. It offers specific grant opportunities, but the profile does not state whether it accepts unsolicited requests generally.

Assets

$1.6B

Grants

1,119

Total Given

$102.8M

Greater Washington Community Foundation

Washington, DC

The Greater Washington Community Foundation supports nonprofits and community initiatives across areas including education, health, human services, arts, economic development, and workforce development, with a focus on equity and economic justice. Its 2025 grants ranged from $5,000 to $9.1 million, with a median of $20,000; it centers its work on DC, Montgomery and Prince George’s counties, and Northern Virginia. It accepts applications through scheduled competitive grant rounds and some solicited, invite-only opportunities; donor-recommended grants are not open to applicants.

Philanthropy, Voluntarism & Grantmaking

Assets

$518.3M

Grants

1,417

Total Given

$116.9M

Annie E Casey Foundation Inc

Baltimore, MD

The Annie E. Casey Foundation funds U.S. nonprofits and other partners working to improve outcomes for children and young people, including family strengthening, child welfare, education, employment, community development and juvenile justice. In 2024, grants ranged from $50 to $1,185,000, with a median of $40,000. Grants are by invitation only; it does not accept unsolicited requests.

Assets

$2.3B

Grants

1,462

Total Given

$93.1M

The Harry and Jeanette Weinberg

Owings Mills, MD

The Harry and Jeanette Weinberg Foundation funds direct services, programs, general operations, and capital projects in housing, health, jobs, education, and aging for low-income and vulnerable people. Its 2024 grants had a median of $50,000; its Small Grants Program offers up to $50,000 over two years, with funding focused on Baltimore, Hawaiʻi, Israel, and Northeastern Pennsylvania. It awards grants by invitation only and does not accept unsolicited requests.

Assets

$1.8B

Grants

872

Total Given

$127.8M

More Funders in Maryland

Prince George's Financial Services Corporation down — hundreds of funders to go?

Want AI to do this for you?