Prince George's Financial Services Corporation
Prince George's Financial Services Corporation, based in Largo, Maryland, is a public charity that provides financing and other support for small businesses. Founded in 1978, it offers loan programs and administers business financing programs, and its 2025 filing reports grants to Maryland recipients.
Prince George's Financial Services Corporation at a glance
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.
- Annual giving (2025)
- $866,045
- +5.6% vs 2024
- Grants made (2025)
- 79
- -3.7% vs 2024
- Average grant
- $10,963
- +9.6% vs 2024
- Median grant
- $10,000
- Total assets
- $12,100,102
- -10.7% vs 2024
- New grantees (estimate)
- 89% first-time grantees (68 of 76, 2025)
- Primary geography
- Maryland (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Prince George's Financial Services Corporation
- Contact
Mailing address: 1801 Mccormick Drive Suite 300, Largo, MD 20774
Phone: (301) 883-6900
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Prince George's Financial Services Corporation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Fresh Green Corp ($100K). Together the top 10 received $230K.
Grant Size Distribution
306 grants across all recorded years
The most common grant size was under $50K: 305 grants of 306 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Maryland. The organization’s website describes its financing work as serving businesses in Prince George’s County and locations within Maryland.
Grant Distribution by State
Share of 2025 grant dollars across all 79 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $820K (2024) to $905K (2021). In 2025 it made 79 grants totaling $866K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fresh Green Corp Bowie, MD | Small Business Community Growth Stimulus Funds Grant | $100,000 |
| Bi-County Business Roundtable Mitchellville, MD | Small Business Community Growth Stimulus Funds Grant | $22,245 |
| Bowie Business Innovation Center Bowie, MD | Small Business Community Growth Stimulus Funds Grant | $16,500 |
| Prince George's Chamber of Commerce Lanham, MD | Small Business Community Growth Stimulus Funds Grant | $15,000 |
| Town of Bladensburg Bladensburg, MD | Small Business Community Growth Stimulus Funds Grant | $11,250 |
| Jr Wireless Accessories Hyattsville, MD | Purple Line | $10,000 |
| BD Convenience LLC Hyattsville, MD | Purple Line | $10,000 |
| Fovo Fahion Lab LLC Hyattsville, MD | Purple Line | $10,000 |
| Umoren Dental Services PC Adelphi, MD | Purple Line | $10,000 |
| Esther's Alteration and Tailoring Riverdale, MD | Purple Line | $10,000 |
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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 | $12,100,102 | $4,620,994 | $4,580,755 | $866,045 | 79 | $99,267 |
| 2024 | $13,548,802 | $4,985,796 | $4,603,349 | $820,000 | 82 | $34,288 |
| 2023 | $8,799,436 | $3,279,015 | $2,923,950 | — | — | $15,839 |
| 2022 | $6,191,541 | $2,663,412 | $2,457,718 | — | — | $2,374 |
| 2021 | $5,730,425 | $3,752,582 | $3,209,543 | $905,000 | 145 | $2,351 |
| 2020 | $5,375,200 | $1,661,099 | $1,681,592 | — | — | $3,833 |
| 2019 | $3,745,109 | $1,719,034 | $1,473,091 | — | — | $3,879 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s stated mission is to provide financing solutions for small businesses to grow the local economy and strengthen communities. Its website describes its work as serving established and emerging businesses in Maryland through financing and loan administration.
Its 2025 grants included awards for small-business community growth stimulus and Purple Line purposes. The grantees’ own mission statements illustrate the range of organizations receiving support: Bi-County Business Roundtable says it provides training and networking opportunities; Bowie Business Innovation Center says it supports company growth, innovation, and job generation through business counseling, mentoring, networking, and access to facilities; and the Prince George’s Chamber of Commerce says its mission is to preserve the competitive free enterprise system in the county. Destiny Power & Purpose says it helps individuals break cycles of repeated drug use and incarceration through empowerment.
Grantmaking
In 2025, the organization reported 79 grants totaling $866,045. Grants ranged from $7,050 to $100,000, with a median of $10,000. The largest listed awards included $100,000 to Fresh Green Corp for a Small Business Community Growth Stimulus Funds Grant; $22,245 to Bi-County Business Roundtable and $16,500 to Bowie Business Innovation Center for the same purpose; and $15,000 to the Prince George’s Chamber of Commerce for that purpose. Other listed awards included $10,000 each to several Maryland businesses for Purple Line purposes.
The organization’s website describes a Small Business Capital and Growth Stimulus Fund Tech Grant for qualifying technology companies and startups seeking to expand. It states that grants may be up to $10,000, with matching grants available for qualifying businesses receiving the Biotechnology Investment Incentive Tax Credit. The stated eligible technology industries are quantum computing, artificial intelligence, bioscience, and cybersecurity. The business must be owned by a Prince George’s County resident, be registered and in good standing with Maryland and the county at the time of award, and remain county-based for at least 60 months after receiving an award. The website describes startups as businesses 36 months or less in existence and existing businesses as those three or more years in existence. The application has two parts; listed materials include a business description, proposed use of funds, business and owner addresses, and, for existing businesses, two to three years of tax returns. Startups are asked for a business plan and financial projections, along with tax returns if applicable.
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
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.
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?
The organization’s stated mission is to provide financing solutions for small businesses to grow the local economy and strengthen communities. Its website describes its work as serving established and emerging businesses in Maryland through financing and loan administration. See mission & focus areas ↑
How do I apply for a grant from Prince George's Financial Services Corporation?
Prince George's Financial Services Corporation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
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 October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Added Form 990 for fiscal year 2019 (received by the IRS July 15, 2020)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
Live grants for the work Prince George's Financial Services Corporation funds
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Cite this profile
Grantable. (2026). Prince George's Financial Services Corporation funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/prince-george-s-financial-services-corporation-morg_a3ed3b25ec7747bc9ea7de4b6c5f8191
BibTeX
@misc{grantable_521305988_2026,
author = {{Grantable}},
title = {{Prince George's Financial Services Corporation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/prince-george-s-financial-services-corporation-morg_a3ed3b25ec7747bc9ea7de4b6c5f8191},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Prince George's Financial Services Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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