2026-05-07T08:32:04-04:00 2025-12-31 464116137 THE BRITTINGHAM GROUP LLP PO BOX 5949 WEST COLUMBIA SC 291715949 990 2025-01-01 237432174 FRANCIS MARION UNIVERSITY EDUCATION FOUNDATION FRAN 8436611295 POST OFFICE BOX 100547 FLORENCE SC 29502 MRS LAUREN STANTON EXECUTIVE DIRECTOR 8436611295 2026-04-28 true HARRY D DELOACH P00592698 8037393090 2026-04-28 X 2025 2025-03-06 01:10:19Z MRS LAUREN STANTON POST OFFICE BOX 100547 FLORENCE SC 29502 17995976 false X WWW.FMARION.EDU X 1974 SC TO PROMOTE THE EDUCATIONAL FUNCTION OF FRANCIS MARION UNIVERSITY BY GRANTS, AWARDS, LECTURES, FEE AND TUITION ASSISTANCE FOR STUDENTS AND PROFESSORS. 14 14 1 25 1 2011063 1866043 240269 299506 2347636 1795341 184889 165541 4783857 4126431 1839480 1997439 0 800636 858120 0 179268 933706 1065668 3573822 3921227 1210035 205204 57914234 61997523 495777 487524 57418457 61509999 TO PROMOTE THE EDUCATIONAL FUNCTION OF FRANCIS MARION UNIVERSITY BY GRANTS, AWARDS, LECTURES, FEE AND TUITION ASSISTANCE FOR STUDENTS AND PROFESSORS. false false 1744737 1744737 AWARDS TO FRANCIS MARION UNIVERSITY STUDENTS TO ASSIST WITH FEES AND TUITION, AND TO PROFESSORS TO ASSIST IN RESEARCH AND TO RECOGNIZE SCHOLARSHIP. 252702 252702 GRANTS, AWARDS, LECTURES, RETREATS AND COMPETITIONS FUNDED THAT IMPACTED ENTIRE STUDENT BODY AND GENERAL PUBLIC. 1089271 OTHER ASSISTANCE TO FRANCIS MARION UNIVERSITY 3086710 true true false false false false false true false true true false false false true true true false false false false false false false false false false true true true false false false false false false false false true false false false false true false true false true 39 0 false 1 true false false false false false false false false false false false false false false X 14 14 false false false false false false false true true false false false true true true false false true false false SC X LAUREN STANTON 8466611295 POST OFFICE BOX 100547 PO BOX 100547 FLORENCE SC 29502 MRS TERESA C ANDERSON VICE CHAIR 1.00 X X 0 0 0 MR ROBERT J CAMPBELL DIRECTOR 1.00 X 0 0 0 MR PERRY GRICE DIRECTOR 1.00 X 0 0 0 MR JEFF HELTON DIRECTOR 1.00 X 0 0 0 MR CARL HUMPHRIES DIRECTOR 1.00 X 0 0 0 MR PAUL SEWARD SECRETARY/TR 1.00 X X 0 0 0 MR ROBBY SISCO CHAIR 1.00 X X 0 0 0 MR E HOOD TEMPLE DIRECTOR 1.00 X 0 0 0 MR KEVIN M BARTH DIRECTOR 1.00 X 0 0 0 MR LINWARD EDWARDS DIRECTOR 1.00 X 0 0 0 MR PAUL REARDON DIRECTOR 1.00 X 0 0 0 MRS YVONNE DAVIS DIRECTOR 1.00 X 0 0 0 MR DANIEL DUKES DIRECTOR 1.00 X 0 0 0 MS FRAN GRAY DIRECTOR 1.00 X 0 0 0 DR LUTHER F CARTER PRESIDENT 40.00 X 660000 307386 14400 MRS LAUREN STANTON EXECUTIVE DI 40.00 X 0 135591 12000 660000 442977 26400 1 false true false 1866043 25125 1866043 PERFORMING ARTS CENTER 262056 262056 REGISTRATION/OTHER FEES 37450 37450 299506 1323861 1323861 175238 44848 130390 130390 130390 14296177 13824697 471480 471480 471480 COTTAGE/MISC 812900 35150 35150 MISC 900099 1 1 35151 4126431 806136 1 1454251 252702 252702 1744737 1744737 660000 660000 198120 109671 88449 68290 68290 118518 99952 9236 9330 30095 30095 86499 86499 169938 169938 84447 84447 42425 42425 OFFICE EQUIPMENT & MAINT. 295945 170219 125726 SUPPLIES 68586 68586 SPLIT INTEREST ADJUSTMENT 40305 40305 GRANTS & OTHER SUPPORT 20664 20664 39956 9124 30832 3921227 3086710 655249 179268 12382532 6912707 2013824 1105698 4484931 1197168 3400365 3287763 37199187 47728164 2918326 2963191 57914234 61997523 34177 22122 340434 385517 121166 79885 495777 487524 X 4819018 4819514 52599439 56690485 57418457 61509999 57914234 61997523 X 205204 3886338 X false true X true false X 5511987 9321225 5787277 2011063 1866043 24497595 5511987 9321225 5787277 2011063 1866043 24497595 16751075 7746520 454185 418842 972669 1116378 1323861 4285935 39529 1 1 1 1 39533 152480 41920 47476 52098 35150 329124 29152187 1876962 0.26570 0.34030 X PART II, LINE 10 COTTAGE/MISC 329,124 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 35443362 2297135 3490769 2730118 38501148 32486652 2619578 2734941 2397809 35443362 28003627 3919615 2688768 2125358 32486652 32589426 1074936 -3833826 1826909 28003627 30193335 1494412 2794209 1892530 32589426 0.08170 0.47170 0.44660 false false 233900 233900 4104735 1057736 3046999 79056 76334 2722 67240 63098 4142 3287763 ANNUITY PAYABLE 79885 79885 X 8057617 3886338 44848 3931186 4126431 4126431 3966075 44848 44848 3921227 3921227 SCHEDULE D, PAGE 2, PART V, LINE 4 BOARD DESIGNATED FUNDS ARE ESTABLISHED BY THE FOUNDATION ITSELF. EXPENDABLE TO THE EXTENT THAT PURPOSE AND INTENT, AS SPECIFIED BY DONOR, IS RETAINED. TERM ENDOWMENT FUNDS ARE AVAILABLE FOR SCHOLARSHIPS, FACILITY SUPPORT, AND OTHER SUPPORT OF FRANCIS MARION UNIVERSITY. PERMANENT ENDOWMENT FUNDS ARE RESTRICTED TO INVESTMENT IN PERPETUITY, THE INCOME FROM WHICH IS EXPENDABLE TO SUPPORT THE FOUNDATION'S OBJECTIVES. SCHEDULE D, PAGE 3, PART X THE FOUNDATION HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) INDICATING IT IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAS NO CURRENT OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES ARE REQUIRED. THE FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2025, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR TAX YEARS PRIOR TO 2022. ? SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES 44,848 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 44,848 false FRANCIS MARION UNIVERSITY POST OFFICE BOX 100547 FLORENCE SC 295020547 570522624 501C3 252702 CASH N/A ASSIST UNIVERSITY SCHOLARSHIPS 605 1744737 COST SCHOLARSHIPS SCHEDULE I, PAGE 1, PART I, LINE 2 THE FRANCIS MARION UNIVERSITY FOUNDATION EXISTS PRIMARILY TO PROVIDE FINANCIAL ASSISTANCE AND OTHER SUPPORT TO FRANCIS MARION UNIVERSITY AND ITS EDUCATIONAL PROGRAMS. ALL OF THE FOUNDATION'S EXPENDITURES ARE FOR THE OPERATION OF THE FOUNDATION AND OTHER SUPPORT FOR FRANCIS MARION UNIVERSITY. false false false false false false false false false DR LUTHER F CARTER PRESIDENT 660000 307386 14400 674400 307386 X 20125 FMV X BTE SIMULATOR 1 5000 FMV false false false FORM 990, PAGE 6, PART VI, LINE 11B AFTER THE RETURN IS PREPARED BY THE EXTERNAL ACCOUNTING FIRM. IT IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE CONTRACTUAL CFO. FOLLOWING ITS REVIEW AND COMPLETION, THE RETURN IS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR REVIEW AND DISCUSSION. IF A BOARD MEMBER DOES NOT HAVE E-MAIL, THE MEMBER IS CALLED TO PICK-UP A COPY OF THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C UPON JOINING THE BOARD, MEMBERS ARE REQUIRED TO SIGN A STATEMENT THAT THEY HAVE COMPLIED WITH THE CONFLICT OF INTEREST POLICIES AND ITS REQUIRED DISCLOSURES. FORM 990, PAGE 6, PART VI, LINE 15A SALARIES ARE DISCUSSED FIRST AT THE EXECUTIVE COMMITTEE LEVEL. AT THAT TIME, COMPARATIVE INFORMATION IS PROVIDED INCLUDING BUT NOT LIMITED TO OTHER STATE UNIVERSITIES OF SIMILAR SIZE. EXPERIENCE, EXPERTISE, TRENDS, PRACTICES OF OTHER UNIVERSITIES AND RESPONSIBILITIES OF THE GIVEN POSITION ARE TAKEN INTO CONSIDERATION IN DETERMINING COMPENSATION AND BENEFITS. A RECOMMENDATION FROM THE EXECUTIVE COMMITTEE IS MADE TO THE FULL BOARD FOR VOTE. MINUTES AT BOTH MEETINGS CAPTURE THE INFORMATION, DELIBERATIONS AND DECISIONS MADE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE ON THE FOUNDATION WEBSITE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. A COPY OF THE FORM 990 (WHICH CONTAINS FINANCIAL INFORMATION, EXCLUDING SCHEDULE B), IS AVAILABLE VIA THE IRS WEBSITE. FORM 990, PART XI, LINE 9 RENTAL EXPENSES 44,848 RENTAL EXPENSES -44,848 FRANCIS MARION UNIVERSITY FMU POST OFFICE BOX 100547 POBOX100547 FLORENCE SC 29502 570522624 UNIVERSITY SC 501C3 6 NA false FRANCIS MARION UNIVERSITY DEVELOP FMUD POST OFFICE BOX 100547 POBOX 100547 FLORENCE SC 295020547 200118161 DEVELOP. SC 501C3 6 NA false false true true false false false false false false true false false false false true true false false false FRANCIS MARION UNIVERSITY FRANCIS MARION UNIVERSITY P 1089271 ACTUAL COST FRANCIS MARION UNIVERSITY DEVELOP FRANCIS MARION UNIVERSITY DEVELOPMENT C 199615 ACTUAL COST FRANCIS MARION UNIVERSITY FRANCIS MARION UNIVERSITY J 24995 ACTUAL COST FRANCIS MARION UNIVERSITY FRANCIS MARION UNIVERSITY O 26400 ACTUAL COST FRANCIS MARION UNIVERSITY FRANCIS MARION UNIVERSITY B 273366 ACTUAL COST FRANCIS MARION UNIVERSITY FRANCIS MARION UNIVERSITY C 7875 ACTUAL COST