FRANCIS MARION UNIVERSITY EDUCATION FOUNDATION

FLORENCE, SC, 29502-0547 (843) 661-1295 Est. 1974 EIN 23-7432174
B43I— Education Form 990 501(c)(3)
www.fmarion.edu

Mission

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

Giving Portfolio

Total Grants
7
Total Giving
$1.4M
Recipients
7
Years Active
2018 - 2024
Avg grant: $212,809 Median: $189,902

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$363K $363K01
20231$199K $199K01
20221$236K $236K01
20211$152K $152K01
20201$181K $181K01
20182$291K $146K20

Sectors Funded

Education
1

Top States

South Carolina
7

Grantee Size Profile

$5M - $10M
1

Top Grantees

FRANCIS MARION UNIVERSITY
SC - 6 grants
$1.3M

Grants Awarded · 1 grants

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Financials

Total Revenue
$4,783,857
Total Expenses
$3,573,822
Net Assets
$57,418,457
1 employees 25 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 29.6%
Expenses ↑ 6.1%
Revenue Sources
Contributions 42.0% Earned revenue 5.0% Investment 49.1% Other 4.0%
Expense Breakdown
Program 76.0% Management 19.6% Fundraising 4.4%

Officers & Trustees (16)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$4,783,857 $3,573,822$57,418,457
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$6,795,846 $3,368,724$51,475,670
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$10,642,837 $2,764,825$44,277,537
2021 Form 990
Jan 1, 2021 to Dec 31, 2021
$7,093,077 $4,022,813$42,187,056
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$4,997,226 $2,268,141$37,056,858
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$4,527,470 $2,395,739$28,128,956

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EIN: 23-7432174 · Source: IRS Form 990 e-file data