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Francis Marion University Education Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237432174 ✦ Florence, SC ✦ Designated as a 501(c)(3)

Overview

What is Francis Marion University Education Foundation?

The Francis Marion University Education Foundation is a small, nonprofit organization situated in Florence, South Carolina. Its primary mission is to support the educational endeavors of Francis Marion University. This is achieved through providing financial aid in the form of grants and awards to students, helping them cover their tuition and other related fees. Additionally, the foundation aids professors by funding research and recognizing scholarly achievements. To further advance education, the foundation hosts lectures and engages in various activities to promote academic growth within the university community. With a single employee dedicated to this mission, the Francis Marion University Education Foundation plays a significant role in fostering educational success.


Official website here: www.fmarion.edu

Is Francis Marion University Education Foundation legitimate?

Francis Marion University Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Francis Marion University Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $510,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,718

For more financial information, click here


Official website here: www.fmarion.edu

What is the mission statement of Francis Marion University Education Foundation?

The Francis Marion University Education Foundation's mission is centered around promoting the educational function of Francis Marion University. They achieve this by providing grants, awards, lecture opportunities, and fee and tuition assistance to both students and professors. The foundation's primary objective is to support the academic pursuits of students by helping them manage their educational expenses. Similarly, they offer research funding and scholarships to professors, recognizing their contributions to academic excellence. In essence, the Francis Marion University Education Foundation plays a crucial role in enhancing the learning experience and fostering scholarly achievements within the university community.


Official website here: www.fmarion.edu

Who is the CEO of Francis Marion University Education Foundation?

Ms Lauren Stanton is the Director of Francis Marion University Education Foundation.


Official website here: www.fmarion.edu

What is the revenue of Francis Marion University Education Foundation?

Francis Marion University Education Foundation's revenue in 2022 was $10,642,837.


Official website here: www.fmarion.edu

Who are the executives of Francis Marion University Education Foundation and what are their salaries?

The average compensation at Francis Marion University Education Foundation during 2022 was $729,718. There are 1 employees and 20 volunteers at Francis Marion University Education Foundation.

Here are 18 key members and their salaries:

    Dr Luther F Carter (President)
  • Compensation: $510,000
  • Related: $256,105
  • Other: $14,400

    • Ms Lauren Stanton (Executive Di)
  • Compensation: $0
  • Related: $117,658
  • Other: $12,000

    • Mr Timothy F Norwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James A Harrell (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Teresa C Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Beth Bauknight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Robert J Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Perry Grice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Jeff Helton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Kathy Heustess (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Carl Humphries (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Hubbard W Mcdonald Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr William Naso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Paul Seward (Secretary/Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Robby Sisco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr J Brent Tiller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr E Hood Temple (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Kevin M Barth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fmarion.edu

    Where can I find the form 990 for Francis Marion University Education Foundation?

    The Francis Marion University Education Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fmarion.edu

    Learn more at the official website: www.fmarion.edu

    Mission Statement of Francis Marion University Education Foundation

    The Francis Marion University Education Foundation is dedicated to enhancing the educational function of Francis Marion University. It achieves this mission by offering grants, awards, lectures, and fee and tuition assistance to both students and professors. The foundation's primary goal is to support the academic pursuits of students by providing financial aid, helping them manage their educational expenses. Additionally, the foundation extends its assistance to professors, aiding them in their research and recognizing their scholarly achievements. By doing so, the Francis Marion University Education Foundation plays a significant role in fostering a conducive learning environment, encouraging academic excellence, and promoting the growth and development of the university's academic community.

    Impact

    This information is meant to be a general summary of Francis Marion University Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Francis Marion University Education Foundation's impact is significant in promoting the educational function of Francis Marion University. Through grants, awards, lectures, and fee and tuition assistance, the foundation supports students and professors at the university. This assistance helps students with fees and tuition, enabling them to pursue their education, while also aiding professors in their research endeavors and recognizing scholarly achievements. Overall, the foundation plays a crucial role in enhancing the educational experience and opportunities at Francis Marion University.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $924,992
  • Program Service Revenue: $354,699
  • Gross Receipts: $25,149,353

    • Assets and Liabilities:
  • Total Assets: $44,605,407
  • Total Liabilities: $327,870
  • Net Assets: $44,277,537
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL

    Revenue

    $173,714

    PERFORMING ARTS CENTER

    Revenue

    $121,734

    REGISTRATION/OTHER FEES

    Revenue

    $59,251

    Organization Details

    Founding Year

    1974

    Principal Officer

    Ms Lauren Stanton

    Main Address

    POST OFFICE BOX 100547, FLORENCE, SC, 29502

    NTEE Category

    Code: B43I - Education

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