Francis Marion University President Dr. Fred Carter’s recent lunch with an old friend turned into a celebratory occasion for the university when James S. “Jim” Konduros handed Carter a check for $500,000.
The donation comes from the Konduros Fisherman’s Fund, a non-profit foundation directed by Konduros. It continues Konduros’ longstanding support of FMU’s missions and programs, both through the Fisherman’s Fund, and the PSARAS Foundation. Konduros, a Columbia attorney and businessman, is the chairman and president of PSARAS.
“Jim has always had enormous faith in this institution and its mission and programs,” says Carter. “His generosity over the years has just been incredible, and has always been the case, this gift will benefit far more than Francis Marion University. It will provide a great service to the people of South Carolina.”
Konduros said the gift carried special meaning for him.
“This is at least as meaningful for me as it is for the university,” says Konduros. “It is one of the last, and largest, gifts that I’ll be part of since I am retiring as chairman of the Konduros Fisherman’s Fund and I wanted it to be special. My hope was that it would be something that provided a benefit, that kept on going for years to come and with President Carter’s leadership, I’m sure it will. We’ve had a great partnership with FMU. That institution does some wonderful work for this state. I’m sure that will continue.”
The $500,000 gift from PSARAS will be used to support two ongoing initiatives at FMU. A portion will go to support the expansion of FMU’s health services and nursing programs statewide. The remainder of the donation will be used to support the brand new Center for Excellence for College and Career Readiness.
Since 2002, the Konduros Fisherman’s Fund and the PSARAS Foundation have donated $3,198,326 to programs at FMU. Among the programs supported: The Non-Profit Leadership Institute, the Rural Area Leadership Institute and the Robert E. McNair Center for Research and Service.
Konduros and Carter have known each other and enjoyed a professional and personal relationship for more than 27 years. The two men met in Columbia, where Carter served on the staff of former Governor Carroll Campbell, and also as director of the Budget Control Board. Konduros was a managing partner in the McNair Law Firm in Columbia.