FURMAN UNIVERSITY: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: FURMAN UNIVERSITY (EIN 57-0314395)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2023-05-15
IRS object ID: 202311359349303801
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-05-15T09:13:12-05:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	882730877	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CHERRY BEKAERT ADVISORY LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	110 EAST COURT STREET SUITE 500	AddressLine1Txt
City	GREENVILLE	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29601	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	570314395	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FURMAN UNIVERSITY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FURM	BusinessNameControlTxt
Phone	8642943496	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3300 POINSETT HIGHWAY	AddressLine1Txt
City	GREENVILLE	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29613	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SUSAN MADDUX	PersonNm
Person Title	VP FINANCE & ADMINISTRATION	PersonTitleTxt
Phone	8642943496	PhoneNum
Signature	2023-05-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	SUSAN	PersonFirstNm
Person Last	MADDUX	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	AMANDA ADAMS	PreparerPersonNm
PTIN	P00748038	PTIN
Phone	8642333981	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DR ELIZABETH DAVIS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3300 POINSETT HIGHWAY	AddressLine1Txt
City	GREENVILLE	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29613	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$310,033,581	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.FURMAN.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1826	FormationYr
Legal Domicile State	SC	LegalDomicileStateCd
Activity Or Mission	FURMAN UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION PROVIDING DISTINCTIVE UNDERGRADUATE EDUCATION EMPHASIZING AN ENGAGED APPROACH COMBINING CLASSROOM LEARNING WITH REAL WORLD EXPERIENCES AND SELF-DISCOVERY.	ActivityOrMissionDesc
Voting Members Governing Body	27	VotingMembersGoverningBodyCnt
Voting Members Independent	26	VotingMembersIndependentCnt
Total Employee	2365	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	-$3,969,522	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$83,565,475	PYContributionsGrantsAmt
CY Contributions Grants	$45,654,957	CYContributionsGrantsAmt
PY Program Service Revenue	$153,333,893	PYProgramServiceRevenueAmt
CY Program Service Revenue	$165,918,573	CYProgramServiceRevenueAmt
PY Investment Income	$65,376,898	PYInvestmentIncomeAmt
CY Investment Income	$40,499,285	CYInvestmentIncomeAmt
PY Other Revenue	$1,317,571	PYOtherRevenueAmt
CY Other Revenue	$1,279,170	CYOtherRevenueAmt
PY Total Revenue	$303,593,837	PYTotalRevenueAmt
CY Total Revenue	$253,351,985	CYTotalRevenueAmt
PY Grants And Similar Paid	$64,628,232	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$72,351,213	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$90,282,647	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$92,201,699	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$5,301,453	CYTotalFundraisingExpenseAmt
PY Other Expenses	$58,758,211	PYOtherExpensesAmt
CY Other Expenses	$74,992,806	CYOtherExpensesAmt
PY Total Expenses	$213,669,090	PYTotalExpensesAmt
CY Total Expenses	$239,545,718	CYTotalExpensesAmt
PY Revenues Less Expenses	$89,924,747	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$13,806,267	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,291,963,279	TotalAssetsBOYAmt
Total Assets EOY	$1,328,407,958	TotalAssetsEOYAmt
Total Liabilities BOY	$118,910,395	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$188,431,815	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,173,052,884	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,139,976,143	NetAssetsOrFundBalancesEOYAmt
Mission	THE PRIMARY MISSION OF FURMAN AS A LIBERAL ARTS INSTITUTION IS TO PROVIDE A DISTINCTIVE EDUCATION IN FINE ARTS, HUMANITIES, SOCIAL SCIENCES, MATHEMATICS AND THE SCIENCES, AS WELL AS SELECTED PROFESSIONAL DISCIPLINES.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$155,126,845	ExpenseAmt
Grant	$72,351,213	GrantAmt
Revenue	$126,408,410	RevenueAmt
Desc	INSTRUCTION OF STUDENTS IN BOTH UNDERGRADUATE AND GRADUATE PROGRAMS. A PERSONALIZED FOUR YEAR PATHWAY FOR STUDENTS INSTITUTED BY THE FURMAN ADVANTAGE INCLUDES HIGH-IMPACT, ENGAGED LEARNING THROUGH RESEARCH, INTERNSHIPS, AND STUDY ABROAD PROGRAMS. SCHOLARSHIPS ARE AWARDED TO ELIGIBLE STUDENTS BASED ON FINANCIAL NEED AND ACADEMIC MERIT.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$31,063,670	ExpenseAmt
Revenue	$4,126,160	RevenueAmt
Desc	STUDENT SERVICES INCLUDES INTERCOLLEGIATE ATHLETICS, INTRAMURAL AND CLUB SPORTS, ENROLLMENT MANAGEMENT, STUDENT GOVERNMENT AND A LARGE VARIETY OF STUDENT ORGANIZATIONS, SERVICES AND ACTIVITIES.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$23,981,518	ExpenseAmt
Revenue	$35,477,235	RevenueAmt
Desc	THE UNIVERSITY CONDUCTED AUXILIARY ENTERPRISES FOR THE CONVENIENCE OF STUDENTS, FACULTY, STAFF AND THE AT-LARGE COMMUNITY. THESE AUXILIARY ENTERPRISES INCLUDE STUDENT HOUSING, DINING SERVICES, GOLF COURSE, SPORTS ARENA AND CONFERENCE CENTER.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$210,172,033	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	Yes (1)	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	Yes (1)	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	Yes (1)	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	3186	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	2365	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
DAF Excess Business Holdings	0	DAFExcessBusinessHoldingsInd
Taxable Distributions	0	TaxableDistributionsInd
Distribution To Donor	0	DistributionToDonorInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	27	GoverningBodyVotingMembersCnt
Independent Voting Member	26	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	AMY ECKLUND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8642943496	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3300 POINSETT HIGHWAY	AddressLine1Txt
City	GREENVILLE	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29613	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (45 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
P EDWIN GOOD
CHAIR	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
KEVIN T BYRNE
VICE CHAIR	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
SUSAN T SHI
SECRETARY	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
CHARLES AMBROSE
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
KEVIN R BRYANT
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
CHRISTINA NEWSON BRYON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JOLLEY BRUCE CHRISTMAN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
KRISTIN BAUCOM DAVIES
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
CYNTHIA DAVIS
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
LEE C DILWORTH
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JOHNNA FRIERSON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
DAVID L HAUSER
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
ROBERT E HILL JR
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
YENDELELA NEELY HOLSTON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JAMES A LANIER JR
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
ANTHONY WILTON MCDADE
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JASON W RICHARDS
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
PAUL L ROBERTSON III
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
A ALEXANDER TAYLOR II
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
BRENDA THAMES
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
RACHELLE HARLEY THOMPSON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
WILLIAM BYRD TRAXLER JR
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
DAVID J TRONE
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
C KEMMONS WILSON III
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
MATTHEW WALLS WILSON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
RICHARD N WRENN JR
TRUSTEE	2.00	1.00	Yes (X)		$0	$0	$0
JOHN C YATES
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
DR ELIZABETH DAVIS
PRESIDENT	40.00	0.00		Yes (X)	$497,848	$0	$34,887
MICHAEL HENDRICKS
VP ENROLLMENT MANAGEMENT	40.00	0.00		Yes (X)	$279,774	$0	$45,751
DAVID P STEINOUR
CHIEF INFORMATION OFFICER	40.00	0.00		Yes (X)	$269,772	$0	$27,397
HEIDI MCCRORY
VP DEVELOPMENT	40.00	0.00		Yes (X)	$235,445	$0	$47,612
JASON DONNELLY
VP FOR INTERCOLLEGIATE ATHLETICS	40.00	0.00		Yes (X)	$243,481	$0	$42,405
KENNETH PETERSON
VP FOR ACADEMIC AFFAIRS & PROVOST	40.00	0.00		Yes (X)	$267,133	$0	$31,718
THOMAS E EVELYN II
VP UNIVERSITY COMMUNICATIONS	40.00	0.00		Yes (X)	$236,566	$0	$59,815
SUSAN MADDUX
VP FINANCE & ADMINISTRATION	40.00	2.00		Yes (X)	$271,001	$0	$33,362
CONNIE L CARSON
VP STUDENT LIFE	40.00	0.00		Yes (X)	$213,240	$0	$26,912
KRISTOPHER N KAPOOR
CHIEF INVESTMENT OFFICER	40.00	0.00			$247,258	$0	$42,160	Yes (X)
JEFF REDDERSON
AVP FACILITIES	40.00	0.00			$166,109	$0	$26,533	Yes (X)
JEREMY CASS
DEAN OF FACULTY	40.00	0.00			$180,189	$0	$23,030	Yes (X)
ELIZABETH SEMAN
CHIEF OF STAFF	40.00	0.00			$150,998	$0	$15,404	Yes (X)
ROBERT RICHEY
MEN'S HEAD BASKETBALL COACH	40.00	0.00			$378,544	$0	$47,741		Yes (X)
CLAYTON HENDRIX
MEN'S HEAD FOOTBALL COACH	40.00	0.00			$272,860	$0	$45,838		Yes (X)
RICHARD MEADE
FORMER MEN'S HEAD LACROSSE COACH	0.00	0.00			$261,512	$0	$0		Yes (X)
GEORGE SHIELDS
PROFESSOR OF CHEMISTRY	40.00	0.00			$220,704	$0	$35,547		Yes (X)
ANTHONY HERRERA
CHIEF INNOVATION OFFICER	40.00	0.00			$220,863	$0	$36,383		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,613,297	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$622,495	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	130	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
COMPASS GROUP USA INC
PO BOX 91337	CHICAGO	IL	606931337	DINING SERVICES	$7,651,209
THE HARPER CORPORATION
35 WEST COURT STREET SUITE 400	GREENVILLE	SC	29601	CONSTRUCTION	$1,142,216
PREMIER MEDICAL INC
PO BOX 26897	GREENVILLE	SC	29616	COVID-19 TESTING	$934,272
WORKDAY INC
PO BOX 886106	LOS ANGELES	CA	900886106	SOFTWARE SERVICES	$926,044
THE ELLIOTT GROUP INC
353 HOPKINS ROAD	TOWNVILLE	SC	29689	CONSTRUCTION	$906,702

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	46	CntrctRcvdGreaterThan100KCnt
Fundraising	$15,350	FundraisingAmt
Related Organizations	$594,189	RelatedOrganizationsAmt
Government Grants	$8,000,268	GovernmentGrantsAmt
All Other Contributions	$37,045,150	AllOtherContributionsAmt
Noncash Contributions	$1,268,692	NoncashContributionsAmt
Total Contributions	$45,654,957	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION AND FEES	611710	$126,408,410	$126,408,410
ROOM AND BOARD	611710	$29,303,872	$29,303,872
INTERCOLLEGIATE ATHLETICS	611710	$4,126,160	$4,126,160
OTHER AUXILIARY	611710	$2,849,989	$2,842,792	$7,197

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,230,142	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,230,142	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$165,918,573	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,216,384	TotalRevenueColumnAmt
Unrelated Business Revenue	-$4,119,896	UnrelatedBusinessRevenueAmt
Exclusion	$9,336,280	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,889,156	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$860,591	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,028,565	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,028,565	TotalRevenueColumnAmt
Related Or Exempt Func Income	$93,232	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$143,177	UnrelatedBusinessRevenueAmt
Exclusion	$792,156	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$91,010,899	SecuritiesAmt
Other	$56,625	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$55,737,314	SecuritiesAmt
Other	$47,309	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$35,273,585	SecuritiesAmt
Other	$9,316	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$35,282,901	TotalRevenueColumnAmt
Exclusion	$35,282,901	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$86,234	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$15,350	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$36,382	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$49,852	TotalRevenueColumnAmt
Exclusion	$49,852	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	EMPLOYEE LEASE REVENUE	Desc
Business	541900	BusinessCd
Total Revenue Column	$200,753	TotalRevenueColumnAmt
Exclusion	$200,753	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$200,753	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$253,351,985	TotalRevenueColumnAmt
Related Or Exempt Func Income	$166,004,608	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$3,969,522	UnrelatedBusinessRevenueAmt
Exclusion	$45,661,942	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$364,703	TotalAmt
Program Services	$364,703	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$71,986,510	TotalAmt
Program Services	$71,986,510	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$4,100,363	TotalAmt
Program Services	$1,494,644	ProgramServicesAmt
Management And General	$2,294,434	ManagementAndGeneralAmt
Fundraising	$311,285	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$64,977,009	TotalAmt
Program Services	$56,431,252	ProgramServicesAmt
Management And General	$5,748,233	ManagementAndGeneralAmt
Fundraising	$2,797,524	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$5,288,265	TotalAmt
Program Services	$4,455,451	ProgramServicesAmt
Management And General	$597,165	ManagementAndGeneralAmt
Fundraising	$235,649	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$12,944,642	TotalAmt
Program Services	$9,164,976	ProgramServicesAmt
Management And General	$3,374,878	ManagementAndGeneralAmt
Fundraising	$404,788	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$4,891,420	TotalAmt
Program Services	$4,121,102	ProgramServicesAmt
Management And General	$552,352	ManagementAndGeneralAmt
Fundraising	$217,966	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$443,057	TotalAmt
Management And General	$443,057	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$98,300	TotalAmt
Management And General	$98,300	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$2,558,625	TotalAmt
Management And General	$2,558,625	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$10,747,693	TotalAmt
Program Services	$7,504,896	ProgramServicesAmt
Management And General	$2,889,061	ManagementAndGeneralAmt
Fundraising	$353,736	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$801,987	TotalAmt
Program Services	$569,721	ProgramServicesAmt
Management And General	$14,581	ManagementAndGeneralAmt
Fundraising	$217,685	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,028,071	TotalAmt
Program Services	$3,674,732	ProgramServicesAmt
Management And General	$219,294	ManagementAndGeneralAmt
Fundraising	$134,045	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$6,330,437	TotalAmt
Program Services	$4,787,445	ProgramServicesAmt
Management And General	$1,374,483	ManagementAndGeneralAmt
Fundraising	$168,509	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,293,311	TotalAmt
Program Services	$940,252	ProgramServicesAmt
Management And General	$1,353,059	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$8,269,234	TotalAmt
Program Services	$8,044,910	ProgramServicesAmt
Management And General	$79,687	ManagementAndGeneralAmt
Fundraising	$144,637	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$2,162,077	TotalAmt
Program Services	$1,699,648	ProgramServicesAmt
Management And General	$312,592	ManagementAndGeneralAmt
Fundraising	$149,837	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,927,513	TotalAmt
Program Services	$3,815,889	ProgramServicesAmt
Management And General	$111,624	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$15,129,541	TotalAmt
Program Services	$13,956,217	ProgramServicesAmt
Management And General	$1,173,324	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$744,903	TotalAmt
Program Services	$744,903	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
MEAL PLAN EXPENSE	$8,246,351	$8,246,351
LIBRARY RESOURCES	$1,519,893	$1,519,893
UNIFORMS	$1,044,702	$914,137	$130,565
REPAIRS & MAINTENANCE	$898,372	$897,895	$477

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,748,739	TotalAmt
Program Services	$4,836,506	ProgramServicesAmt
Management And General	$746,441	ManagementAndGeneralAmt
Fundraising	$165,792	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$239,545,718	TotalAmt
Program Services	$210,172,033	ProgramServicesAmt
Management And General	$24,072,232	ManagementAndGeneralAmt
Fundraising	$5,301,453	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$19,245,381	BOYAmt
EOY	$10,373,591	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$16,749,341	BOYAmt
EOY	$16,779,783	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$66,617,675	BOYAmt
EOY	$70,936,998	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,604,289	BOYAmt
EOY	$4,722,804	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$248,826	BOYAmt
EOY	$259,932	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,229,884	BOYAmt
EOY	$2,848,057	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$497,490,616	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$243,871,436	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$258,338,890	BOYAmt
EOY	$253,619,180	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$110,025,276	BOYAmt
EOY	$113,276,472	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$632,265,667	BOYAmt
EOY	$589,129,363	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$19,517	BOYAmt
EOY	$13,327	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$183,618,533	BOYAmt
EOY	$266,448,451	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,291,963,279	BOYAmt
EOY	$1,328,407,958	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$10,538,063	BOYAmt
EOY	$7,529,806	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$6,017,843	BOYAmt
EOY	$5,179,449	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$98,992,162	BOYAmt
EOY	$172,704,590	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$15,305	BOYAmt
EOY	$36,348	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,347,022	BOYAmt
EOY	$2,981,622	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$118,910,395	BOYAmt
EOY	$188,431,815	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$394,227,541	BOYAmt
EOY	$375,162,216	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$778,825,343	BOYAmt
EOY	$764,813,927	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,173,052,884	BOYAmt
EOY	$1,139,976,143	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,291,963,279	BOYAmt
EOY	$1,328,407,958	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$13,806,267	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$46,291,327	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$591,681	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$24,479,236	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$26,194,545	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$23,276,048	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$83,565,475	CurrentTaxYearMinus1YearAmt
Current Tax Year	$45,654,957	CurrentTaxYearAmt
Total	$203,170,261	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$24,479,236	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$26,194,545	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$23,276,048	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$83,565,475	CurrentTaxYearMinus1YearAmt
Current Tax Year	$45,654,957	CurrentTaxYearAmt
Total	$203,170,261	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$65,986,359	SubstantialContributorsTotAmt
Public Support Total170	$137,183,902	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$15,778,991	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$13,052,566	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$11,613,577	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$24,156,439	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,008,540	CurrentTaxYearAmt
Total	$70,610,113	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$273,780,374	TotalSupportAmt
Gross Receipts Rltd Activities	$841,056,713	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.50110	PublicSupportCY170Pct
Public Support PY170	0.47240	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART I	FormAndLineReferenceDesc
Explanation	THE UNIVERSITY IS CLASSIFIED AS A PUBLIC CHARITY, A SCHOOL, IN ACCORDANCE WITH SECTION 170(B)(1)(A)(II) OF THE INTERNAL REVENUE CODE. HOWEVER, THE UNIVERSITY HAS ELECTED TO FOLLOW THE "SPECIAL RULE" FOR REPORTING CONTRIBUTIONS ON SCHEDULE B WHICH PROVIDES THAT 501(C)(3) ORGANIZATIONS THAT SATISFY THE 33 1/3% SUPPORT TESTS OF SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) NEED ONLY DISCLOSE ON SCHEDULE B GIFTS FROM ANY ONE CONTRIBUTOR THAT TOTAL THE GREATER OF (1) $5,000 OR (2) 2% OF TOTAL CONTRIBUTIONS, GIFTS, GRANTS AND SIMILAR AMOUNTS RECEIVED. THEREFORE, THE UNIVERSITY HAS CHECKED SCHEDULE A, PART I, BOX 2 AND COMPLETED THE SUPPORT SCHEDULE IN PART II TO SUBSTANTIATE THAT IT MEETS THE PUBLIC SUPPORT TEST.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Donor Advised Funds Held	6	DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri	$619,961	DonorAdvisedFundsContriAmt
Donor Advised Funds Grants	$378,600	DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY	$3,269,535	DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg Ctrl	Yes (1)	DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps	Yes (1)	DisclosedForCharitablePrpsInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Assets Included	$3,721,877	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd
Agent Trustee Etc	0	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (1)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$838,971,215	BeginningYearBalanceAmt
Contributions	$10,589,857	ContributionsAmt
Investment Earnings Or Losses	-$2,461,455	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$15,279,845	GrantsOrScholarshipsAmt
Other Expenditures	$17,230,464	OtherExpendituresAmt
Administrative Expenses	$2,303,898	AdministrativeExpensesAmt
End Year Balance	$812,285,410	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$670,014,077	BeginningYearBalanceAmt
Contributions	$6,299,124	ContributionsAmt
Investment Earnings Or Losses	$197,145,647	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$13,733,787	GrantsOrScholarshipsAmt
Other Expenditures	$17,925,394	OtherExpendituresAmt
Administrative Expenses	$2,828,452	AdministrativeExpensesAmt
End Year Balance	$838,971,215	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$694,271,736	BeginningYearBalanceAmt
Contributions	$11,819,457	ContributionsAmt
Investment Earnings Or Losses	$3,561,096	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$14,361,697	GrantsOrScholarshipsAmt
Other Expenditures	$19,951,585	OtherExpendituresAmt
Administrative Expenses	$5,324,930	AdministrativeExpensesAmt
End Year Balance	$670,014,077	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$702,854,866	BeginningYearBalanceAmt
Contributions	$15,062,542	ContributionsAmt
Investment Earnings Or Losses	$16,900,125	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$12,533,250	GrantsOrScholarshipsAmt
Other Expenditures	$24,647,089	OtherExpendituresAmt
Administrative Expenses	$3,365,458	AdministrativeExpensesAmt
End Year Balance	$694,271,736	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$661,046,233	BeginningYearBalanceAmt
Contributions	$17,843,681	ContributionsAmt
Investment Earnings Or Losses	$60,328,135	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$11,371,784	GrantsOrScholarshipsAmt
Other Expenditures	$21,673,063	OtherExpendituresAmt
Administrative Expenses	$3,318,336	AdministrativeExpensesAmt
End Year Balance	$702,854,866	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.16150	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.60930	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.22920	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	Yes (1)	EndowmentsHeldRelatedOrgInd
Related Org List Sch R	Yes (1)	RelatedOrgListSchRInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$36,423,751	OtherCostOrOtherBasisAmt
Book Value	$36,423,751	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$346,904,628	OtherCostOrOtherBasisAmt
Depreciation	$145,933,575	DepreciationAmt
Book Value	$200,971,053	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$82,823,746	OtherCostOrOtherBasisAmt
Depreciation	$75,238,955	DepreciationAmt
Book Value	$7,584,791	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$31,338,491	OtherCostOrOtherBasisAmt
Depreciation	$22,698,906	DepreciationAmt
Book Value	$8,639,585	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$253,619,180	TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$939	BookValueAmt
Method Valuation	F	MethodValuationCd

Other Securities OtherSecuritiesGrp (7 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
REAL ASSET FUNDS	$74,501,412	F
PRIVATE CAPITAL	$177,351,677	F
HEDGED STRATEGIES	$105,609,346	F
FIXED INCOME	$38,442,229	F
EQUITY SECURITIES	$186,212,432	F
REAL ESTATE	$1,111,328	C
PRIVATE CAPITAL	$5,900,000	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$589,129,363	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDesc	Book ValueBookValueAmt
EQUITY INTEREST IN HOLLINGSWORTH FUNDS	$186,055,200
FUNDS HELD IN TRUST FOR BOND ISSUED	$72,729,194
FUNDS HELD IN TRUST BY OTHERS	$5,097,744
CSV LIFE INSURANCE	$1,966,727
DEPOSITS	$307,040
RIGHT OF USE ASSET	$292,546

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$266,448,451	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
GOVERNMENT ADVANCES FOR STUDENT LOANS	$7,397
ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE	$1,060,729
ASSET RETIREMENT OBLIGATION	$1,447,054
LEASE OBLIGATIONS	$466,442

Field	Value	IRS element (for citing)
Total Liability	$2,981,622	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	THE UNIVERSITY HAS A COLLECTION OF DECORATIVE AND FINE ARTS MATERIALS THAT IS BOTH EXTENSIVE AND DIVERSE. COMPRISED OF OVER 2,500 ITEMS, MANY PIECES ARE DISPLAYED THROUGHOUT CAMPUS, WHILE OTHERS ARE PRESERVED. THE OBJECTS HAVE BEEN GENEROUSLY DONATED TO FURMAN. THEY CONNECT THE UNIVERSITY TO THE WIDER WORLD AND ARE GATEWAYS TO STUDYING MANY DIFFERENT TIME PERIODS, CULTURES AND DISCIPLINES. THE COLLECTION'S MAIN PURPOSES ARE PRESERVATION OF THE OBJECTS FOR FUTURE GENERATIONS, EDUCATIONAL OPPORTUNITIES AND EXHIBITS.
PART IV, LINE 2B:	AGENCY FUNDS ARE HELD TO PROVIDE BANKING ABILITY FOR SMALL STUDENT CLUBS. THE UNIVERSITY ALSO PROVIDES BANKING FOR PROFESSIONAL ORGANIZATIONS THAT ARE INDIRECTLY RELATED TO THE UNIVERSITY. EXAMPLE: SACUBO
PART V, LINE 4:	THE UNIVERSITY'S ENDOWMENT CONSISTS OF MORE THAN 1,000 SEPARATE FUNDS ESTABLISHED OVER MANY YEARS FOR SCHOLARSHIPS, PROFESSORSHIPS, LECTURESHIPS, ACADEMIC PROGRAMS AND AWARDS, BUILDING MAINTENANCE, AND GENERAL INSTITUTIONAL SUPPORT. THE OVERALL FINANCIAL OBJECTIVE OF THE ENDOWMENT IS TO PRESERVE AND ENHANCE THE REAL (INFLATION-ADJUSTED) PURCHASING POWER OF THE FUND IN PERPETUITY. THE BOARD OF TRUSTEES DESIGNATES ONLY A PORTION OF THE UNIVERSITY'S CUMULATIVE INVESTMENT RETURN FOR SUPPORT OF CURRENT OPERATIONS; THE REMAINDER IS RETAINED TO SUPPORT OPERATIONS OF FUTURE YEARS AND TO OFFSET POTENTIAL MARKET DECLINES. THE UNIVERSITY EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO MAINTAIN ITS PURCHASING POWER BY GROWING AT A RATE EQUAL TO OR GREATER THAN PLANNED PAYOUTS. ADDITIONAL REAL GROWTH WILL BE PROVIDED THROUGH NEW GIFTS AND ANY EXCESS INVESTMENT RETURNS. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE.
PART X, LINE 2:	THE UNIVERSITY'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE UNIVERSITY, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2022 AND 2021 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE E, PART I, LINE 3

THE UNIVERSITY'S NONDISCRIMINATION POLICY STATEMENT IS ACCESSIBLE ON ALL PAGES OF THE UNIVERSITY'S WEBSITE FOR PROSPECTIVE STUDENTS, EMPLOYMENT APPLICANTS AND THE GENERAL PUBLIC. ADDITIONALLY, THE NONDISCRIMINATION POLICY STATEMENT IS INCLUDED IN ALL BROCHURES, CATALOGS, NEWSPAPER ADVERTISEMENTS AND OTHER WRITTEN COMMUNICATION WITH THE PUBLIC RELATED TO STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS, AS WELL AS EMPLOYMENT.

SCHEDULE E, PART I, LINE 6

THE UNIVERSITY PARTICIPATES IN THE FEDERAL PELL GRANT PROGRAM, THE FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS PROGRAM, AND THE FEDERAL COLLEGE WORK STUDY PROGRAM. ADDITIONALLY, THE UNIVERSITY HAS RECEIVED A NUMBER OF GRANTS FROM THE NATIONAL SCIENCE FOUNDATION, THE UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SCIENCES, AND THE DEPARTMENT OF DEFENSE. THE UNIVERSITY ALSO RECEIVED GOVERNMENT GRANTS UNDER THE CARES ACT AS PART OF THE HIGHER EDUCATION EMERGENCY RELIEF FUND ADMINISTERED BY THE DEPARTMENT OF EDUCATION.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (19 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	Specific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA AND THE CARIBBEAN	INVESTMENTS	$129,480,403
EAST ASIA AND THE PACIFIC	INVESTMENTS	$7,826,556
EUROPE (INCLUDING ICELAND & GREENLAND)	INVESTMENTS	$23,496,918
CENTRAL AMERICA AND THE CARIBBEAN	PROGRAM SERVICES	$6,968	STUDENT RECRUITING
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	$13,931	STUDENT RECRUITING
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	$6,966	STUDENT RECRUITING
SOUTH ASIA	PROGRAM SERVICES	$3,483	STUDENT RECRUITING
CENTRAL AMERICA AND THE CARIBBEAN	PROGRAM SERVICES	$27,200	STUDY AWAY
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	$3,415,829	STUDY AWAY
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	$150,976	STUDY AWAY
RUSSIA AND NEIGHBORING STATES	PROGRAM SERVICES	$82,202	STUDY AWAY
SOUTH AMERICA	PROGRAM SERVICES	$159,552	STUDY AWAY
SUB-SAHARAN AFRICA	PROGRAM SERVICES	$59,065	STUDY AWAY
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	$3,615	LAB SUPPLIES
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	$41,915	PROFESSIONAL SERVICES
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	$1,000	HONORARIUM
NORTH AMERICA	PROGRAM SERVICES	$32,200	LAB EQUIPMENT
SOUTH AMERICA	PROGRAM SERVICES	$1,600	PROFESSIONAL SERVICES
NORTH AMERICA	PROGRAM SERVICES	$10,450	STUDENT RECRUITING

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$160,862,425	SubtotalSpentAmt
Continuation Spent	$3,958,404	ContinuationSpentAmt
Total Spent	$164,820,829	TotalSpentAmt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	FURMAN UNIVERSITY IS NOT A GRANTMAKER AS REFERENCED IN LINE 1. FURMAN UNIVERSITY PROVIDES FUNDING TO FACULTY AND TO STUDENTS FOR RESEARCH AND OTHER PROJECTS. EXPENSES MUST TO SUBSTANTIATED UNDER THE ACCOUNTABLE PLAN TO ENSURE PROPER USE OF FUNDS.
PART I, LINE 3:	EXPENDITURES ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING. THE VALUE OF INVESTMENTS IS BASED ON THE FMV AT THE END OF THE FISCAL YEAR.
PART III ACCOUNTING METHOD:

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	VINCE PERONE CLASSIC GOLF TOURNAMEN	Event1Nm
Gross Receipts Event1	$61,188	GrossReceiptsEvent1Amt
Charitable Contri Event1	$5,425	CharitableContriEvent1Amt
Gross Revenue Event1	$55,763	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$3,736	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$1,590	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$6,650	FoodAndBeverageEvent1Amt
Entertainment Event1	$6,126	EntertainmentEvent1Amt
Other Direct Expenses Event1	$312	OtherDirectExpensesEvent1Amt
Event2	HOOPS AND HEALS BASKETBALL TOURNAME	Event2Nm
Gross Receipts Event2	$22,125	GrossReceiptsEvent2Amt
Charitable Contri Event2	$5,575	CharitableContriEvent2Amt
Gross Revenue Event2	$16,550	GrossRevenueEvent2Amt
Rent Facility Costs Event2	$9,836	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$589	FoodAndBeverageEvent2Amt
Other Direct Expenses Event2	$3,613	OtherDirectExpensesEvent2Amt
Other Events Total	1	OtherEventsTotalCnt
Gross Receipts Other Events	$18,271	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$4,350	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$13,921	GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events	$327	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$2,785	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$312	FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events	$506	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$101,584	GrossReceiptsTotalAmt
Charitable Contributions Tot	$15,350	CharitableContributionsTotAmt
Gross Revenue Total Events	$86,234	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$4,063	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$14,211	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$7,551	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$6,126	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$4,431	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$36,382	DirectExpenseSummaryEventsAmt
Net Income Summary	$49,852	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Purpose Of GrantPurposeOfGrantTxt
UPCOUNTRY HISTORY MUSEUM
340 BUNCOMBE STREET	GREENVILLE	SC	29601	570833796	501(C)(3)	$100,000	$0	OPERATING SUPPORT
GREENVILLE ARENA DISTRICT
650 NORTH ACADEMY STREET	GREENVILLE	SC	29601	576007739		$75,000	$0	SPONSORSHIP
THE GREENVILLE DRIVE LLC
945 S MAIN STREET	GREENVILLE	SC	29601	043672609		$50,000	$0	SPONSORSHIP
EMPIRE MOCK TRIAL ASSOCIATION INC
655 15TH STREET NW SUITE 800	WASHINGTON	DC	20005	260150254	501(C)(3)	$30,000	$0	SPONSORSHIP
M JUDSON BOOKSELLERS
130 S MAIN STREET	GREENVILLE	SC	29601	471792713		$25,000	$0	SPONSORSHIP
VENTURE CAROLINA
1207 MAIN STREET	NEWBERRY	SC	29108	464531249	501(C)(3)	$10,000	$0	SPONSORSHIP
UPSTATE SC ALLIANCE INC
3 RESEARCH DRIVE SUITE 230	GREENVILLE	SC	29607	571095229	501(C)(6)	$10,000	$0	SPONSORSHIP
GREENVILLE ARTS FESTIVAL
101B AUGUSTA STREET	GREENVILLE	SC	29601	582676608	501(C)(3)	$10,000	$0	SPONSORSHIP
FALL FOR GREENVILLE
206 S MAIN STREET	GREENVILLE	SC	29601	570876594	501(C)(3)	$7,500	$0	SPONSORSHIP
SOUTH CAROLINA CHARITIES
104 S MAIN STREET SUITE 110	GREENVILLE	SC	29601	571110542	501(C)(3)	$6,000	$0	SPONSORSHIP

Field	Value	IRS element (for citing)
Total501c3 Org	7	Total501c3OrgCnt
Total Other Org	3	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (7 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
UNDERGRADUATE SCHOLARSHIPS	1769	$55,652,755
ATHLETIC SCHOLARSHIPS	440	$12,633,797
HEERF STUDENT AID GRANTS	2494	$1,623,416
FELLOWSHIPS AND INTERNSHIPS	205	$1,197,950
OTHER STUDENT STIPENDS	150	$530,380
GRADUATE SCHOLARSHIPS	50	$257,612
GRADUATE STIPENDS	13	$90,600

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	FURMAN PROVIDES SCHOLARSHIPS AND FINANCIAL AID TO INDIVIDUALS IN THE UNITED STATES TO ATTEND THE UNIVERSITY. THE SCHOLARSHIPS AND AID FOR SUCH STUDENTS ARE AWARDED BASED ON NEED AND MERIT AND COVER THE COSTS OF TUITION, ROOM AND BOARD. THE SCHOLARSHIP AND/OR FINANCIAL AID IS AWARDED BASED ON INSTITUTIONAL POLICY AND STANDARDS SET FORTH BY THE DEPARTMENT OF EDUCATION AND THE STATE OF SOUTH CAROLINA. THE UNIVERSITY'S FINANCIAL AID DEPARTMENT MONITORS THE COMPLIANCE WITH SUCH REGULATIONS. THE SCHOLARSHIP AND/OR FINANCIAL AID IS APPLIED BY THE FINANCIAL AID DEPARTMENT DIRECTLY AGAINST THE STUDENT'S ACCOUNT WITH THE UNIVERSITY AS A REDUCTION IN FEES. AS A RESULT, THE GRANT CAN ONLY BE USED FOR ITS INTENDED PURPOSE (I.E. COST OF ATTENDANCE) AND CANNOT BE DIVERTED FROM THIS USE. OTHER TYPES OF GRANTS PROVIDED CONSIST OF RESEARCH, INTERNSHIP OR FELLOWSHIP GRANTS TO STUDENTS. SUCH GRANTS ARE GIVEN AND MONITORED BY THE ACADEMIC DEPARTMENT GIVING THE GRANT OR THE UNDERGRADUATE RESEARCH AND INTERNSHIP DEPARTMENT. IN FY22, THE UNIVERSITY ALSO DISTRIBUTED FUNDS UNDER THE HIGHER EDUCATION EMERGENCY RELIEF FUND ("HEERF"). THE UNIVERSITY AWARDED AN AUTOMATIC PAYMENT OF $400 TO ALL ELIGIBLE STUDENTS. FURMAN UNIVERSITY STUDENTS WHO MET ELIGIBILITY REQUIREMENTS BUT WISHED TO REQUEST ADDITIONAL FUNDS ABOVE THE AUTOMATIC PAYMENT, APPLIED FOR HEERF ASSISTANCE THROUGH THE STUDENT EMERGENCY FUND APPLICATION PROCESS IF THEY HAD RELEVANT, DOCUMENTED, AND UNREIMBURSED EXPENSES DUE TO COVID-19. SPONSORSHIPS PAID TO ORGANIZATIONS ARE MADE UNDER WRITTEN AGREEMENTS BETWEEN THE PARTIES AND SUPPORT COMMUNITY EVENTS AND PROVIDE A PRESENCE FOR FURMAN IN THE AREA. COMMUNITY ENGAGEMENT IS A SIGNIFICANT ASPECT OF THE FURMAN ADVANTAGE. THESE SPONSORSHIPS WITH GREENVILLE BUSINESSES THEREFORE SERVE TO ADVANCE THE FURMAN ADVANTAGE FOR OUR STUDENTS AND THE COMMUNITY.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DR ELIZABETH DAVIS
PRESIDENT	$477,172	$0	$0	$0	$20,676	$0	$29,000	$0	$5,887	$0	$532,735	$0	$0	$0
ROBERT RICHEY
MEN'S HEAD BASKETBALL COACH	$327,356	$0	$50,000	$0	$1,188	$0	$29,000	$0	$18,741	$0	$426,285	$0	$0	$0
MICHAEL HENDRICKS
VP ENROLLMENT MANAGEMENT	$259,092	$0	$0	$0	$20,682	$0	$28,257	$0	$17,494	$0	$325,525	$0	$0	$0
CLAYTON HENDRIX
MEN'S HEAD FOOTBALL COACH	$268,978	$0	$0	$0	$3,882	$0	$27,036	$0	$18,802	$0	$318,698	$0	$0	$0
SUSAN MADDUX
VP FINANCE & ADMINISTRATION	$266,452	$0	$0	$0	$4,549	$0	$27,150	$0	$6,212	$0	$304,363	$0	$0	$0
KENNETH PETERSON
VP FOR ACADEMIC AFFAIRS & PROVOST	$235,357	$0	$7,500	$0	$24,276	$0	$26,125	$0	$5,593	$0	$298,851	$0	$0	$0
DAVID P STEINOUR
CHIEF INFORMATION OFFICER	$247,854	$0	$0	$0	$21,918	$0	$26,716	$0	$681	$0	$297,169	$0	$0	$0
THOMAS E EVELYN II
VP UNIVERSITY COMMUNICATIONS	$204,903	$0	$7,500	$0	$24,163	$0	$23,756	$0	$36,059	$0	$296,381	$0	$0	$0
KRISTOPHER N KAPOOR
CHIEF INVESTMENT OFFICER	$189,098	$0	$51,919	$0	$6,241	$0	$25,324	$0	$16,836	$0	$289,418	$0	$0	$0
JASON DONNELLY
VP FOR INTERCOLLEGIATE ATHLETICS	$231,252	$0	$3,500	$0	$8,729	$0	$23,750	$0	$18,655	$0	$285,886	$0	$0	$0
HEIDI MCCRORY
VP DEVELOPMENT	$234,295	$0	$0	$0	$1,150	$0	$24,179	$0	$23,433	$0	$283,057	$0	$0	$0
RICHARD MEADE
FORMER MEN'S HEAD LACROSSE COACH	$0	$0	$0	$0	$261,512	$0	$0	$0	$0	$0	$261,512	$0	$0	$0
ANTHONY HERRERA
CHIEF INNOVATION OFFICER	$182,152	$0	$30,000	$0	$8,711	$0	$19,750	$0	$16,633	$0	$257,246	$0	$0	$0
GEORGE SHIELDS
PROFESSOR OF CHEMISTRY	$212,583	$0	$0	$0	$8,121	$0	$18,789	$0	$16,758	$0	$256,251	$0	$0	$0
CONNIE L CARSON
VP STUDENT LIFE	$204,734	$0	$7,500	$0	$1,006	$0	$20,540	$0	$6,372	$0	$240,152	$0	$0	$0
JEREMY CASS
DEAN OF FACULTY	$170,918	$0	$0	$0	$9,271	$0	$17,654	$0	$5,376	$0	$203,219	$0	$0	$0
JEFF REDDERSON
AVP FACILITIES	$140,607	$0	$25,502	$0	$0	$0	$17,324	$0	$9,209	$0	$192,642	$0	$0	$0
ELIZABETH SEMAN
CHIEF OF STAFF	$149,428	$0	$0	$0	$1,570	$0	$15,051	$0	$353	$0	$166,402	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	A COMPANION HAS TRAVELED WITH BOTH THE PRESIDENT, ELIZABETH DAVIS, AND THE MEN'S BASKETBALL COACH, ROBERT RICHEY. TO THE EXTENT THE TRAVEL WAS PERSONAL IN NATURE SUCH AMOUNTS WERE INCLUDED IN TAXABLE INCOME. THE PRESIDENT OF THE UNIVERSITY AND HER FAMILY RESIDE AT WHITE OAKS WHICH IS THE OFFICIAL RESIDENCE OF THE PRESIDENT. THE PRESIDENT IS REQUIRED TO LIVE AT WHITE OAKS AS A CONDITION TO HER EMPLOYMENT. THE RESIDENCE IS OWNED AND MAINTAINED BY THE UNIVERSITY. CLEANING, MAINTENANCE, AND GROUNDSKEEPING SERVICES ARE PROVIDED BY THE UNIVERSITY FOR THE PUBLIC AREAS OF THE RESIDENCE ONLY. THE PRESIDENT HOSTS UNIVERSITY EVENTS AT WHITE OAKS AS WELL. ELIZABETH DAVIS WAS PROVIDED WITH A CLUB MEMBERSHIP. TO THE EXTENT THE DUES WERE CONSIDERED PERSONAL, THE AMOUNTS WERE INCLUDED IN TAXABLE INCOME OR REIMBURSED TO THE UNIVERSITY. OTHERWISE, THE DUES ALLOW HER TO MEET WITH DONORS AND OTHER SUPPORTERS OF THE UNIVERSITY AT THE CLUB. FURMAN POLICY GOVERNS THE NATURE AND TYPE OF ALLOWABLE EXPENDITURES AND PAYMENTS, INCLUDING REQUIREMENTS TO PROVIDE SUPPORTING DOCUMENTATION DETAILING THE TRANSACTION AND BUSINESS PURPOSE OF ANY APPROVED EXPENDITURE.
PART I, LINE 4A	THE UNIVERSITY HAS A SEVERANCE AGREEMENT WITH RICHARD MEADE. AS PART OF THE SEVERANCE AGREEMENT, MEADE WAS PAID $261,512 DURING FY22. THE AGREEMENT IS TO PAY HIM HIS REGULAR SALARY OF $261,512 FOR THREE YEARS ENDING JUNE 30, 2023.
PART I, LINE 7	THE BONUSES RECEIVED BY CERTAIN OFFICERS, KEY EMPLOYEES AND HIGHLY COMPENSATED EMPLOYEES WERE PAYMENTS FOR MERIT AND NOT CONTINGENT ON THE REVENUE OR NET EARNINGS OF THE UNIVERSITY OR ANY RELATED ORGANIZATION.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
SC JOBS - ECONOMIC DEV AUTHORITY
A	570960018	837031ULS	2015-08-13	$68,432,003	REFUNDING AND CAPITAL	0	0	0
SC JOBS - ECONOMIC DEV AUTHORITY
B	570960018	000000000	2021-09-22	$35,830,000	REFUNDING 2006B AND 2010 BOND ISSUES	0	0	0
SC JOBS - ECONOMIC DEV AUTHORITY
C	570960018	837031D42	2022-01-26	$76,277,862	CAPITAL	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Capitalized InterestCapitalizedInterestAmt	UnspentUnspentAmt
A	$2,660,000	$68,432,003	$659,117	$25,001,055	$42,771,831	2017	0	Yes (1)	Yes (1)	Yes (1)
B	$1,915,000	$35,830,000	$219,844		$35,610,156	2012	Yes (1)	Yes (1)	Yes (1)	Yes (1)
C		$76,297,393	$588,703	$2,499,868			0	0	0	Yes (1)	$479,628	$72,729,194

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)
B	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)
C	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Rebate Not Due YetRebateNotDueYetInd	No Rebate DueNoRebateDueInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	Yes (1)	Yes (1)
B	Yes (1)	0	Yes (1)
C	Yes (1)	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
DATE REBATE COMPUTATION PERFORMED	ISSUER NAME: SC JOBS - ECONOMIC DEV. AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/20/2018
SCHEDULE K, PART II, LINE 3, COL C:	THE AMOUNT SHOWN AS TOTAL PROCEEDS OF ISSUE IN PART II IS HIGHER THAN THE AMOUNT IN PART I DUE TO INVESTMENT EARNINGS ON UNSPENT FUNDS.

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship With Org	N/A	RelationshipWithOrgTxt
Cash Grant	$10,000	CashGrantAmt
Type Of Assistance	DISCOUNTED TUITION	TypeOfAssistanceTxt
Assistance Purpose	EDUCATION	AssistancePurposeTxt

Schedule M IRS990ScheduleM

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$15,049	NoncashContributionsRptF990Amt
Method Of Determining Revenues	COST	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	49	ContributionCnt
Noncash Contributions Rpt F990	$1,245,093	NoncashContributionsRptF990Amt
Method Of Determining Revenues	MARKET VALUE	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	MUSICAL INSTRUMENT - HARP	1	$3,235	FMV
Yes (X)	UNIVERSITY GUESTS & ENTERAINMENT	2	$2,292	COST
Yes (X)	POSTAGE FOR UNIVERSITY ADMISSIONS MAILER	1	$1,750	COST
Yes (X)	TRAVEL COSTS	1	$1,273	COST

Field	Value	IRS element (for citing)
Form8283 Received	0	Form8283ReceivedCnt
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, COLUMN (B):	FormAndLineReferenceDesc
Explanation	FURMAN UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED OF EACH TYPE IN ACCORDANCE WITH THE UNIVERSITY'S RECORDKEEPING PRACTICES.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE UNIVERSITY'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWED THE PREPARED FORM 990 PRIOR TO FILING WITH THE IRS. SPECIFIC ISSUES AND/OR QUESTIONS THAT AROSE DURING THE REVIEW PROCESS WERE ADDRESSED. THE PUBLIC DISCLOSURE COPY OF FORM 990 WAS PROVIDED TO THE REMAINING VOTING MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY FOR THE BOARD OF TRUSTEES IS INCLUDED IN SECTION 9 OF THE FURMAN UNIVERSITY BY-LAWS. EACH MEMBER OF THE BOARD OF TRUSTEES IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM AT THE FIRST MEETING OF EACH ACADEMIC YEAR. EACH TRUSTEE SHALL DISCLOSE TO THE BOARD CHAIR ANY ADDITIONAL POTENTIAL CONFLICTS OF INTEREST AT THE EARLIEST PRACTICAL TIME. ADDITIONALLY, THE UNIVERSITY HAS A CONFLICT OF INTEREST POLICY FOR EMPLOYEES WITH EXECUTIVE OR ADMINISTRATIVE RESPONSIBILITIES AS THE UNIVERSITY RECOGNIZES THAT SUCH EMPLOYEES HAVE A DUTY OF LOYALTY AND FIDELITY IN CARRYING OUT THEIR RESPONSIBILITIES. THIS POLICY APPLIES TO THOSE EMPLOYEES DESIGNATED BY THE PRESIDENT AS HAVING EXECUTIVE OR ADMINISTRATIVE RESPONSIBILITIES. EACH SUCH EMPLOYEE IS REQUIRED, AT LEAST ANNUALLY, TO COMPLETE THE QUESTIONNAIRE. THIS QUESTIONNAIRE REQUIRES DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST AND IS ADMINISTERED BY THE HUMAN RESOURCES DEPARTMENT.
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT IS DETERMINED AND APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE PRESIDENT'S EMPLOYMENT IS GUIDED BY A WRITTEN EMPLOYMENT CONTRACT SIGNED BY BOTH PARTIES. EXECUTIVE COMMITTEE MEETINGS ARE DOCUMENTED. FOR OTHER OFFICERS OF THE UNIVERSITY, A COMPENSATION COMPARABILITY STUDY IS DONE DURING THE SEARCH PROCESS. SUBSEQUENT YEARS' SALARY INCREASES ARE BASED ON THE UNIVERSITY'S STANDARD COMPENSATION ADJUSTMENT POOL FOR THE FISCAL YEAR AS APPROVED BY THE BOARD OF TRUSTEES DURING THE ANNUAL BUDGET PROCESS.
FORM 990, PART VI, SECTION C, LINE 19	FURMAN UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. ADDITIONALLY, THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS CAN BE FOUND ON THE FURMAN WEBSITE.
FORM 990, PART XI, LINE 9:	CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -698,638. CHANGE IN CSV LIFE INSURANCE 106,957.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Direct Controlling NADirectControllingNACd	Controlled OrganizationControlledOrganizationInd
FURMAN UNIVERSITY FOUNDATION
3300 POINSETT HIGHWAY	GREENVILLE	SC	29613	571061363	FOUNDATION	SC	501(C)(3)	LINE 12C, III-FI	N/A	0
HOLLINGSWORTH FUNDS INC
124 VERDAE BOULEVARD	GREENVILLE	SC	29607	571003814	CHARITABLE	SC	501(C)(3)	LINE 12A, I	N/A	0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Direct Controlling NADirectControllingNACd	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER UNITRUSTS (6)
SPLIT INTEREST	SC	N/A	T	0
CHARITABLE REMAINDER ANNUITY TRUST
SPLIT INTEREST	SC	N/A	T	0

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (1)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE R, PART II	FormAndLineReferenceDesc
Explanation	HOLLINGSWORTH FUNDS, INC. IS A TAX EXEMPT SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE WHOSE PURPOSE IS TO SUPPORT FURMAN UNIVERSITY AND OTHER GREENVILLE, SC BASED CHARITIES. FOR THE YEAR ENDED JUNE 30, 2022, INCOME DISTRIBUTIONS FROM THE HOLLINGSWORTH FUNDS, WHICH ARE REPORTED AS INVESTMENT RETURNS, WERE $4,495,645 AND PROVIDED FUNDING FOR THE HOLLINGSWORTH SCHOLARS PROGRAM, TWO ENDOWED PROFESSORSHIPS IN THE DEPARTMENTS OF ECONOMICS AND BUSINESS AND ACCOUNTING, AND SPECIFIC NEEDS OF THOSE TWO DEPARTMENTS. FURMAN UNIVERSITY FOUNDATION (FUF) OPERATES AS A NONPROFIT PUBLIC BENEFIT CORPORATION TO SERVE THE NEEDS AND INTERESTS OF FURMAN UNIVERSITY.	ExplanationTxt