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Francis Marion University Education Foundation

Public charity990-T FY2023
DBA: % MRS LIBBY COOPER
Other · FLORENCE, SC · EIN 23-7432174

About

To promote the educational function of francis marion university by grants, awards, lectures, FEE and tuition assistance for students and professors.

In care of MRS Libby Cooper

Donations are tax-deductible
Category
Other
Employees
1
Volunteers
25

Financial Snapshot

FY ending 2024-12-31
Revenue
$4.8M
Expenses
$3.6M
Assets
$57.9M
Liabilities
$496K

Financial history

$10.6M$5.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $4.8M · Peak FY2022: $10.6M · Avg: $5.9M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$1.5M
FRANCIS MARION UNIVERSITY EDUCATION FOUNDATION
Your actions

Address

PO BOX 100547
Florence, SC, 29502-054

Governance

Voting board members14
Independent members14
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyNo
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %9.9%
Permanent endowment %50.7%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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