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South Carolina · Nonprofit

THE FRESHMAN FIFTEEN

THE FRESHMAN FIFTEEN (South Carolina) receives grants from 3 organizations whose IRS filings report $75,153 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($69,403). 2 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2023
$50k
Funders on record
3
Grants received
$75k
Net assets
$55k
2/3 repeat funderspeak grant-dependency 22%
01What it does

What The Freshman Fifteen does

Mission

To provide underprivileged college students with the basic dorm room items that they could not easily afford, thereby helping to ease the transition into college life and the financial burden of purchasing these items.

As stated on its FY2024 Form 990-EZ.

Programs

  1. The Freshman Fifteen donated 264 packages containing sheets, towels, blankets, comforters, personal toiletry items, a backpack, school supplies and healthy snacks as in-kind contributions to 501(c)(3) public charities. The public charities then selected students to receive the packages.

  2. Volunteers used raw materials of beads and wire to make jewelry, which was then sold. The proceeds were used to purchase the items compiled for the packages donated to charity. Inventory consists of raw material only, as the jewelry is made on a custom request basis.

The 2 programs described on its FY2023 Form 990-EZ.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended.

100 = 20212021 Revenue 100 ($94k) Expenses 100 ($89k) Net assets 100 ($12k)2022 Revenue 51 ($48k) Expenses 58 ($51k) Net assets 72 ($8k)2023 Revenue 53 ($50k) Expenses 4 ($4k) Net assets 473 ($55k)
202120222023
Revenue (53)Expenses (4)Net assets (473)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $8k to $55k (+554%).

$12k
$8k
$55k
202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.

$5k
’21
−$3k
’22
$46k
’23
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $14k → $1k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 92% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE FRESHMAN FIFTEEN’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE FRESHMAN FIFTEEN leans on a few funders — its largest provides 92% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

92% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE FRESHMAN FIFTEEN.

92%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 92% · 2019 96% · 2020 100% · 2021 95% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

92% of THE FRESHMAN FIFTEEN's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $6k that is directly attributable, 96% of it comes from South Carolina funders.

MA
SC

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
South Carolina out of state home

Funder states come from each funder’s own filing. $69k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like THE FRESHMAN FIFTEEN

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

86%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for THE FRESHMAN FIFTEEN: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE FRESHMAN FIFTEEN?
THE FRESHMAN FIFTEEN (South Carolina) receives grants from 3 organizations whose IRS filings report $75,153 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($69,403). 2 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE FRESHMAN FIFTEEN have?
IRS filings report 3 organizations giving $75,153 in grants to THE FRESHMAN FIFTEEN, 2 of which have funded it in more than one year.
Who is the largest funder of THE FRESHMAN FIFTEEN?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $69,403 in grants. The full list of funders is on this page.
How can an organization like THE FRESHMAN FIFTEEN find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Freshman Fifteen →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2021–2023), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing