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EIN 23-7432174

Francis Marion University Education Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Florence
State
South Carolina
Year formed
1974
Most recent tax filings
2023-12-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Francis Marion University Education Foundation promotes the educational function of Francis Marion University by providing grants, organizing lectures, and assisting students and professors with fees and tuition. The foundation awards prizes to both students and professors in order to recognize scholarship achievements and assist with research expenses. Grants, lectures, retreats, and competitions are funded by the foundation to benefit the entire student body and general public.
Total revenues
$6,795,846
2023
Total expenses
$3,368,724
2023
Total assets
$52,469,376
2023
Num. employees
1
2023

Program areas at Francis Marion University Education Foundation

Awards to Francis Marion University students to assist with fees and tuition, and to professors to assist in research and to recognize scholarship.
Other assistance to Francis Marion University
Grants, awards, lectures, retreats and competitions funded that impacted entire student body and general public.

Grants made by Francis Marion University Education Foundation

GranteeGrant descriptionAmount
National Black Nurses AssociationAssist University$198,878

Who funds Francis Marion University Education Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
DRS Bruce & Lee FoundationMedical Education Initiatives$2,750,000
National Philanthropic TrustEducation$282,673
Francis Marion UniversityUniversity Support$213,060
...and 8 more grants received

Personnel at Francis Marion University Education Foundation

NameTitleCompensation
Lauren StantonExecutive Director$0

Financials for Francis Marion University Education Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,787,277
Program services$225,249
Investment income and dividends$972,669
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$128,661
Net gain from sale of non-inventory assets$-365,487
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$47,477
Total revenues$6,795,846

Form 990s for Francis Marion University Education Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-11990View PDF
2022-122023-07-17990View PDF
2021-122022-06-27990View PDF
2020-122021-07-07990View PDF
2019-122020-10-22990View PDF
...and 10 more Form 990s

Organizations like Francis Marion University Education Foundation

OrganizationLocationRevenue
University of Central Ar FoundationincConway, AR$21,563,728
Shawnee State University Development FoundationPortsmouth, OH$3,301,763
Cabrillo College FoundationAptos, CA$7,404,860
Tke FoundationIndianapolis, IN$1,748,919
The Santa Monica College FoundationSanta Monica, CA$4,860,408
Long Beach City College FoundationLong Beach, CA$5,980,552
West Chester University FoundationWest Chester, PA$11,826,604
Ventura College FoundationVentura, CA$3,043,808
The Ellis FoundationFort Scott, KS$5,893,669
Hudson Valley Community College FoundationTroy, NY$5,182,008
Data update history
October 2, 2024
Updated personnel
Identified 14 new personnel
August 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 17, 2024
Received grants
Identified 2 new grant, including a grant for $213,060 from Francis Marion University
December 30, 2023
Received grants
Identified 3 new grant, including a grant for $6,250,000 from DRS Bruce & Lee Foundation
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Operates donor advised fundsProvides grantsEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
Post Office Box 100547
Florence, SC 29502
Metro area
Florence, SC
County
Florence County, SC
Website URL
fmarion.edu/ 
Phone
(843) 661-1295
IRS details
EIN
23-7432174
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1974
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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