Skip to main content

Nonprofit · EIN 20-0118161

FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION

Also known as HAIEASHA SINGLETARY

Tax-exempt · FLORENCE, SC 29502

Financials

$6.7M$5.7M2022$7.1M$5.9M2023$7.8M$7.5M2024
Revenue Expenses · by fiscal year end
Financials of FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,752,335$7,497,554$254,781$27,097,598$14,090,848$13,006,750
June 30, 2024990$7,096,786$5,917,163$1,179,623$27,833,235$15,081,267$12,751,968
June 30, 2023990$6,730,208$5,710,871$1,019,337$27,620,215$16,047,870$11,572,345
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$7,270,841
Investment income
$422,051
Other revenue
$59,443

Expenses

Grants and similar amounts paid
$2,393,958
Other salaries and wages
$476,371
Salaries, compensation and benefits (total)
$662,101
Professional fundraising fees
$0
Accounting fees
$32,412
Occupancy
$932,641
Travel
$168
Depreciation
$486,074
Program services (functional)
$7,393,291
Management and general (functional)
$104,263

Balance sheet and other

Total assets, start of year
$27,833,235
Total assets, end of year
$27,097,598
Total liabilities, end of year
$14,090,848
Net assets, end of year
$13,006,750
Land, buildings and equipment
$10,375,112
Net assets without donor restrictions
$13,006,750
Gross receipts
$7,752,335
Employees
0
Volunteers
4
Year formed
2003
State of legal domicile
SC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DARRYL BRIDGESTREASURER-VICE PRESIDENT FOR FINANCE & FACILITIES
Trustee or director, Officer
0.1$0$194,489$64,912
HAIEASHA SINGLETARYEXECUTIVE DIRECTOR
Officer
12$0$52,358$26,581
KEN JACKSONVICE-CHAIRMAN
Trustee or director, Officer
0.1$0$0$0
CARL HUMPHRIESBOARD MEMBER
Trustee or director
0.1$0$0$0
JOYCE DURANTBOARD MEMBER
Trustee or director
0.1$0$0$0
PERRY GRICEBOARD MEMBER
Trustee or director
0.1$0$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DARRYL BRIDGESBOARD MEMBER
Trustee or director, Officer
0.1$0$179,353$78,497
HAIEASHA SINGLETARYEXECUTIVE DI
Officer
12$0$49,786$29,794
KEN JACKSONBOARD MEMBER
Trustee or director
0.1$0$0$0
CARL HUMPHRIESBOARD MEMBER
Trustee or director
0.1$0$0$0
JOYCE DURANTBOARD MEMBER
Trustee or director
0.1$0$0$0
PERRY GRICEBOARD MEMBER
Trustee or director
0.1$0$0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DARRYL BRIDGESBOARD MEMBER
Trustee or director, Officer
0.1$0$155,551$49,340
HAIEASHA SINGLETARYEXECUTIVE DI
Officer
12$0$48,985$22,084
JAY KISPERTCHAIRMAN
Trustee or director
0.1$0$0$0
JAMES HARRELLBOARD MEMBER
Trustee or director
0.1$0$0$0
KEN JACKSONBOARD MEMBER
Trustee or director
0.1$0$0$0
PAUL SEWARDBOARD MEMBER
Trustee or director
0.1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 100547, FLORENCE, SC 29502-0547
In care of
% HOWARD G LUNDY
Principal officer (990 for 2024)
HAIEASHA SINGLETARY, PO BOX 100547, FLORENCE, SC 29502
Signed the 990
HAIEASHA SINGLETARY, EXECUTIVE DIRECTOR
Phone
(843) 661-1131
Return prepared by
MAULDIN & JENKINS LLC

Mission

THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF FRANCIS MARION UNIVERSITY, SPECIFICALLY IN MANAGEMENT OF STUDENT HOUSING, OTHER REAL PROPERTY, AND ACCEPTANCE OF GIFTS AND OTHER SUPPORT AS AGREED UPON BY THE FOUNDATION'S BOARD OF DIRECTORS AND THE UNIVERSITY.

990 for the year ended June 30, 2025

Program accomplishments

  • THE FOUNDATION, AS PART OF ITS MISSION TO SUPPORT THE UNIVERSITY, IS REQUIRED TO OPERATE, MAINTAIN, AND LEASE HOUSING FACILITIES FOR STUDENTS AND FACULTY. THE PR0GRAM SERVICE IS CARRIED OUT THROUGH THE FOUNDATION'S SINGLE MEMBER FMU STUDENT HOUSING, LLC. ALL REVENUE GENERATED BY THE LLC FROM HOUSING SERVICES ARE MANAGED AND HELD BY THE FOUNDATION. HOUSING SERVICES ARE PROVIDED PRIMARILY DURING THE FALL AND SPRING SEMESTERS WITH MINOR REVENUES BEING RECEIVED FOR SUMMER SEMESTERS, FEES AND FINES AND SUMMER CAMP HOUSING FOR FMU SUMMER PROGRAMS.
    Expenses $4,999,333 · revenue $7,270,841
  • THE FOUNDATION IS A PROGRAM SUPPORTED AGENCY AND ACTS IN ACCORDANCE WITH ITS NONPROFIT STATUS TO PROVIDE SUPPORT TO FRANCIS MARION UNIVERSITY. ALL DONATIONS IN KIND OR IN CASH ARE REPORTED BY THE SUPPORTED ORGANIZATION AS GIFTS FROM THE DEVELOPMENT FOUNDATION. THE DEVELOPMENT FOUNDATION PROVIDES DONATIONS TO THE EDUCATION FOUNDATION, WHICH IS A RELATED PARTY TO FRANCIS MARION UNIVERSITY.
    Expenses $2,393,958 · grants $2,393,958

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-0118161
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2004
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B19)
Assets (IRS master file)
$27,097,598
Income (IRS master file)
$7,752,335

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,752,335$7,497,554$27,097,598XML
990June 2024$7,096,786$5,917,163$27,833,235XML
990June 2023$6,730,208$5,710,871$27,620,215XML
990June 2022$6,663,284$5,208,103$27,512,259IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0118161).

Questions about FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION

What is the EIN of FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION?
The employer identification number (EIN) of FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION is 20-0118161.
Is FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION?
The 990 for the year ended June 30, 2025 names HAIEASHA SINGLETARY.
Who are the officers and directors of FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does FRANCIS MARION UNIVERSITY DEVELOPMENT FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,752,335, expenses of $7,497,554 and total assets of $27,097,598 at year end.

Other nonprofits in FLORENCE

All nonprofits in FLORENCE · South Carolina · Education