CLEMSON UNIVERSITY FOUNDATION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CLEMSON UNIVERSITY FOUNDATION (EIN 57-0426335)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-12
- IRS object ID
- 202321329349302317
- 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 C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-12T08:51:06-05:00 | 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 | 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 | 570426335 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLEMSON UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLEM | BusinessNameControlTxt |
| Phone | 8646561289 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1889 | AddressLine1Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 296331889 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | M KAREN MCCAULEY | PersonNm |
| Person Title | CEO AND PRESIDENT | PersonTitleTxt |
| Phone | 8646561289 | PhoneNum |
| Signature | 2023-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | M | PersonFirstNm |
| Person Last | KAREN MCCAULEY | 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 | M KAREN MCCAULEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1889 | AddressLine1Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 296331889 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $198,591,747 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CLEMSON.EDU/GIVING/CUFOUNDATIONS | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1933 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | THE CLEMSON UNIVERSITY FOUNDATION IS ORGANIZED TO PROMOTE THE WELFARE AND FUTURE DEVELOPMENT OF CLEMSON UNIVERSITY IN ITS EDUCATIONAL AND SCIENTIFIC PURPOSES; TO SEEK AND RECEIVE GIFTS OR PUBLIC FUNDS FOR THE BENEFIT OF CLEMSON UNIVERSITY THROUGH ENDOWMENT GIVING, FUND-RAISING, OR OTHER PROGRAMS; AND TO MANAGE PRUDENTLY SUCH FUNDS AND THE DISBURSEMENT OF SUCH WITH A POLICY THAT ENCOURAGES THE ENHANCEMENT OF RESOURCES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Volunteers | 144 | TotalVolunteersCnt |
| Total Gross UBI | $26,146 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $91,212,564 | PYContributionsGrantsAmt |
| CY Contributions Grants | $41,768,540 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,879,838 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,196,619 | CYProgramServiceRevenueAmt |
| PY Investment Income | $17,394,258 | PYInvestmentIncomeAmt |
| CY Investment Income | $34,260,013 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $112,486,660 | PYTotalRevenueAmt |
| CY Total Revenue | $80,225,172 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $23,683,425 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $26,182,749 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $816,456 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,390,421 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $134,174 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $130,882 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,955,977 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,083,338 | PYOtherExpensesAmt |
| CY Other Expenses | $13,463,897 | CYOtherExpensesAmt |
| PY Total Expenses | $34,717,393 | PYTotalExpensesAmt |
| CY Total Expenses | $41,167,949 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $77,769,267 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $39,057,223 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,240,950,463 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,218,679,731 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $356,024,128 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $349,787,471 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $884,926,335 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $868,892,260 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE FOUNDATION IS ORGANIZED TO PROMOTE THE WELFARE AND FUTURE DEVELOPMENT OF CLEMSON UNIVERSITY IN ITS EDUCATIONAL AND SCIENTIFIC RESEARCH PURPOSES AND TO SEEK AND RECEIVE GIFTS FOR THE BENEFIT OF CLEMSON UNIVERSITY THROUGH ENDOWMENT GIVING AND OTHER FUNDRAISING ACTIVITIES, AND TO MANAGE SUCH FUNDS PRUDENTLY AND WITHIN ESTABLISHED POLICY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $29,908,710 | ExpenseAmt |
| Grant | $24,660,280 | GrantAmt |
| Revenue | $4,196,619 | RevenueAmt |
| Desc | PROGRAM SUPPORT: FUNDING PROVIDED TO SUPPORT THE EDUCATIONAL, RESEARCH, AND PUBLIC SERVICE MISSION OF CLEMSON UNIVERSITY, INCLUDING SUPPORT FOR SCHOLARSHIPS, FELLOWSHIPS, FACULTY SUPPORT, AND ACADEMIC PROGRAM SUPPORT. THE SOURCES FOR FUNDING PROGRAM SUPPORT INCLUDE DONOR RESTRICTED GIVING FOR THESE PURPOSES AND SPENDABLE RETURN SUPPORT FROM ENDOWMENT FUNDS DESIGNATED FOR THESE PURPOSES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,522,469 | ExpenseAmt |
| Grant | $1,522,469 | GrantAmt |
| Desc | CAPITAL PROJECTS: FUNDING PROVIDED IN SUPPORT OF THE EDUCATIONAL, RESEARCH, AND PUBLIC SERVICE MISSION OF CLEMSON UNIVERSITY THROUGH FUNDRAISING EFFORTS FOR PHYSICAL PLANT NEEDS. THIS INCLUDES FUNDING IN SUPPORT OF PRIORITIZED CAPITAL PROJECTS AND EXPENDITURES INCLUDING RENOVATION OF EXISTING FACILITIES, CONSTRUCTION OF NEW FACILITIES, AND LARGE DOLLAR EQUIPMENT EXPENDITURES RELATED TO RESEARCH AND ACADEMIC PROGRAMMING. THE SOURCES FOR FUNDING FOR THESE CAPITAL EXPENDITURES IS THROUGH DONOR GIVING. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $31,431,179 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | 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 | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | 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 | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 118 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 3 | 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 | 0 | QuidProQuoContributionsInd |
| 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 | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | 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 | Yes (1) | 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 | LISA MARCUS DIRECTOR ARO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8646561873 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 391 COLLEGE AVE STE 302 | AddressLine1Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29634 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JANINE A BOWEN | ||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARSHALL BROWN | ||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY BROWN | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL CRAPPS | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES CREEL JR | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN D GARRISON | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NOEL GEOFFROY | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GERALD M GLENN | ||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HARRY T HALL IV | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT HAMBRIGHT | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BRYANT AUBREY HARRELL | ||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ERNEST D HAYNES III | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LEON J HENDRIX | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHERYL R HOLLAND | ||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANN W HUNTER | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RAYMOND E JONES | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES R KINGMAN | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANTHONY L MATHIS | ||||||||
| VICE-CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID L MORROW | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| G MARK PHILLIPS | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHERI M PHYFER | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT C RIGGINS | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KENNETH L SMITH | ||||||||
| CHAIR | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT J STANZIONE | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EMILY P WALLACE | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK D WASSERMAN | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JONATHAN P WEITZ | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| AMY J YODER | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| HARRISON F TRAMMELL | ||||||||
| PRESIDENT & CEO THRU 8/20/21 | 30.50 | 2.00 | $0 | $211,007 | $20,989 | Yes (X) | ||
| DEBORAH C NEWSOM | ||||||||
| TREASURER & CFO THRU 12/31/21 | 34.50 | 1.00 | $0 | $179,142 | $15,445 | Yes (X) | ||
| APRIL PURVIS | ||||||||
| SECRETARY | 35.50 | 1.00 | $123,530 | $0 | $6,100 | Yes (X) | ||
| ALICE EVATT | ||||||||
| TREASURER & CFO FROM 1/1/22 | 34.50 | 1.00 | $0 | $61,579 | $15,819 | Yes (X) | ||
| M KAREN MCCAULEY | ||||||||
| PRESIDENT & CEO FROM 3/14/22 | 30.50 | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JAMES CLEMENTS | ||||||||
| CLEMSON UNIVERSITY PRESIDENT | 10.00 | 37.50 | $781,806 | $352,596 | $83,857 | Yes (X) | ||
| JOHN C ALEXANDER | ||||||||
| CIO | 8.00 | 37.50 | $127,809 | $180,122 | $16,370 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,033,145 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $984,446 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $158,580 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | 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 |
|---|---|---|---|---|---|
| GOODWYN MILLS AND CAWOOD INC | |||||
| PO BOX 242128 | MONTGOMERY | AL | 36124 | ARCHITECTURAL DESIGN, DEV PLANNING | $1,042,034 |
| CAMBRIDGE ASSOCIATES LLC | |||||
| PO BOX 412015 | BOSTON | MA | 022412015 | INVESTMENT ADVISING | $759,962 |
| AETOS ALTERNATIVES MGMT LP | |||||
| 875 3RD AVENUE 6TH FLOOR | NEW YORK | NY | 10022 | INVESTMENT ADVISING | $676,791 |
| ARAMARK EDUCATIONAL SERVICES LLC | |||||
| PO BOX 978839 | DALLAS | TX | 75397 | CATERING/FOOD SVCS | $672,989 |
| BLACKBAUD INC | |||||
| 2000 DANIEL DR | CHARLESTON | SC | 29492 | IT SUPPORT | $466,051 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 14 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $377,557 | RelatedOrganizationsAmt |
| All Other Contributions | $41,390,983 | AllOtherContributionsAmt |
| Noncash Contributions | $7,326,440 | NoncashContributionsAmt |
| Total Contributions | $41,768,540 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ENDOWMENT MANAGEMENT FEES | 523000 | $2,669,324 | $2,669,324 |
| DEVELOPMENT FEES | 561000 | $949,061 | $949,061 |
| PROGRAM & ACTIVITIES REVENUE | 561000 | $305,390 | $305,390 |
| AFFILIATE SERVICE FEES | 561000 | $252,500 | $252,500 |
| SPONSORSHIPS | 541800 | $14,991 | $14,991 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,353 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,353 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,196,619 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,859,348 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $26,146 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,833,202 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $145,767,240 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $118,366,575 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $27,400,665 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,400,665 | TotalRevenueColumnAmt |
| Exclusion | $27,400,665 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $80,225,172 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,196,619 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $26,146 | UnrelatedBusinessRevenueAmt |
| Exclusion | $34,233,867 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,182,749 | TotalAmt |
| Program Services | $26,182,749 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,310,092 | TotalAmt |
| Management And General | $435,092 | ManagementAndGeneralAmt |
| Fundraising | $875,000 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,542 | TotalAmt |
| Management And General | $4,542 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,556 | TotalAmt |
| Management And General | $13,556 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,417 | TotalAmt |
| Fundraising | $7,417 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,814 | TotalAmt |
| Management And General | $33,645 | ManagementAndGeneralAmt |
| Fundraising | $21,169 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,517 | TotalAmt |
| Management And General | $50,517 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,226 | TotalAmt |
| Management And General | $75,226 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,882 | TotalAmt |
| Fundraising | $130,882 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,846,592 | TotalAmt |
| Management And General | $1,846,592 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,026,110 | TotalAmt |
| Program Services | $1,205,881 | ProgramServicesAmt |
| Management And General | $580,353 | ManagementAndGeneralAmt |
| Fundraising | $239,876 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $323,452 | TotalAmt |
| Program Services | $254,611 | ProgramServicesAmt |
| Management And General | $3,000 | ManagementAndGeneralAmt |
| Fundraising | $65,841 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,110,418 | TotalAmt |
| Program Services | $390,418 | ProgramServicesAmt |
| Management And General | $60,722 | ManagementAndGeneralAmt |
| Fundraising | $659,278 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $663,405 | TotalAmt |
| Program Services | $18,132 | ProgramServicesAmt |
| Management And General | $628,371 | ManagementAndGeneralAmt |
| Fundraising | $16,902 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $338,173 | TotalAmt |
| Program Services | $164,716 | ProgramServicesAmt |
| Management And General | $90,211 | ManagementAndGeneralAmt |
| Fundraising | $83,246 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $602,251 | TotalAmt |
| Program Services | $243,689 | ProgramServicesAmt |
| Management And General | $14,053 | ManagementAndGeneralAmt |
| Fundraising | $344,509 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $476,383 | TotalAmt |
| Program Services | $474,996 | ProgramServicesAmt |
| Fundraising | $1,387 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,783 | TotalAmt |
| Management And General | $27,783 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,491 | TotalAmt |
| Program Services | $11,028 | ProgramServicesAmt |
| Management And General | $116,463 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FUNCTIONS & EVENTS | $2,619,412 | $1,752,414 | $59,964 | $807,034 |
| SHARED SERVICES | $2,283,658 | $653,335 | $1,630,323 | |
| DEVELOPMENT FEES | $754,634 | $683,378 | $71,256 | |
| MEMBERSHIPS/SUBSCRIPT. | $138,392 | $49,167 | $16,112 | $73,113 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,167,949 | TotalAmt |
| Program Services | $31,431,179 | ProgramServicesAmt |
| Management And General | $4,780,793 | ManagementAndGeneralAmt |
| Fundraising | $4,955,977 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,428,925 | BOYAmt |
| EOY | $99,799,688 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,646,804 | BOYAmt |
| EOY | $108,175,056 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $831,798 | BOYAmt |
| EOY | $2,064,601 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $388,270 | BOYAmt |
| EOY | $294,468 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,882,645 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,714,132 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,196,296 | BOYAmt |
| EOY | $9,168,513 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $717,558,521 | BOYAmt |
| EOY | $644,737,857 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $282,577,728 | BOYAmt |
| EOY | $327,606,844 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,000,000 | BOYAmt |
| EOY | $20,000,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,322,121 | BOYAmt |
| EOY | $6,832,704 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,240,950,463 | BOYAmt |
| EOY | $1,218,679,731 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $901,646 | BOYAmt |
| EOY | $426,439 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,027,121 | BOYAmt |
| EOY | $104,963,908 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $256,095,361 | BOYAmt |
| EOY | $244,397,124 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $356,024,128 | BOYAmt |
| EOY | $349,787,471 | 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 | $62,654,828 | BOYAmt |
| EOY | $59,045,075 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $822,271,507 | BOYAmt |
| EOY | $809,847,185 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $884,926,335 | BOYAmt |
| EOY | $868,892,260 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,240,950,463 | BOYAmt |
| EOY | $1,218,679,731 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $39,057,223 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$52,750,992 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$2,340,306 | 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 | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $39,379,389 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,644,707 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $45,528,366 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $91,212,564 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $41,768,540 | CurrentTaxYearAmt |
| Total | $253,533,566 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $39,379,389 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,644,707 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $45,528,366 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $91,212,564 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $41,768,540 | CurrentTaxYearAmt |
| Total | $253,533,566 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $45,997,267 | SubstantialContributorsTotAmt |
| Public Support Total170 | $207,536,299 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,403,442 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,388,576 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,712,363 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,728,699 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,859,348 | CurrentTaxYearAmt |
| Total | $35,092,428 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $288,625,994 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $20,740,911 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.71900 | PublicSupportCY170Pct |
| Public Support PY170 | 0.70030 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $62,446 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $62,446 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $39,128,029 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $39,190,475 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $70,894 | CurrentYearMinus3Amt |
| Current Year Minus2 | $59,499 | CurrentYearMinus2Amt |
| Current Year Minus1 | $54,703 | CurrentYearMinus1Amt |
| Current Year | $62,446 | CurrentYearAmt |
| Total | $247,542 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II - A, LINE 1, LOBBYING ACTIVITIES: | FormAndLineReferenceDesc |
| Explanation | THE AMOUNTS REPORTED AS LOBBYING EXPENDITURES ARE NON-PERSONNEL EXPENSES ASSOCIATED WITH CERTAIN LEGISLATIVE AFFAIRS FUNCTIONS FOR THE BENEFIT OF CLEMSON UNIVERSITY INCLUDING LEASED OFFICE SPACE. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 1 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $0 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $7,500 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $172,190 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
| 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 | $693,751,188 | BeginningYearBalanceAmt |
| Contributions | $32,980,974 | ContributionsAmt |
| Investment Earnings Or Losses | -$19,951,042 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,392,373 | GrantsOrScholarshipsAmt |
| Other Expenditures | $13,567,893 | OtherExpendituresAmt |
| End Year Balance | $686,820,854 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $515,670,251 | BeginningYearBalanceAmt |
| Contributions | $37,586,598 | ContributionsAmt |
| Investment Earnings Or Losses | $158,445,368 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,713,405 | GrantsOrScholarshipsAmt |
| Other Expenditures | $12,237,624 | OtherExpendituresAmt |
| End Year Balance | $693,751,188 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $511,184,672 | BeginningYearBalanceAmt |
| Contributions | $18,601,317 | ContributionsAmt |
| Investment Earnings Or Losses | $2,702,820 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,878,043 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,940,515 | OtherExpendituresAmt |
| End Year Balance | $515,670,251 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $483,926,898 | BeginningYearBalanceAmt |
| Contributions | $13,807,043 | ContributionsAmt |
| Investment Earnings Or Losses | $29,016,181 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,103,996 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,461,454 | OtherExpendituresAmt |
| End Year Balance | $511,184,672 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $454,313,336 | BeginningYearBalanceAmt |
| Contributions | $18,310,415 | ContributionsAmt |
| Investment Earnings Or Losses | $35,982,575 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,426,247 | GrantsOrScholarshipsAmt |
| Other Expenditures | $17,253,181 | OtherExpendituresAmt |
| End Year Balance | $483,926,898 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.06710 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.87820 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.05470 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $11,900 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $8,971,049 | OtherCostOrOtherBasisAmt |
| Book Value | $8,982,949 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,785,818 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,600,254 | DepreciationAmt |
| Book Value | $185,564 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $113,878 | OtherCostOrOtherBasisAmt |
| Depreciation | $113,878 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,168,513 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HEDGE FUNDS | $128,915,163 | F |
| PRIVATE EQUITY | $166,334,051 | F |
| PRIVATE REAL ASSETS | $32,357,630 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $327,606,844 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO RELATED ORGANIZATIONS | $708,793 |
| ACCRUED LIABILITY TO CLEMSON UNIVERSITY DUE TO NET INVESTMENT APPRECIATION | $93,769,743 |
| NOTE PAYABLE TO CLEMSON UNIVERSITY | $146,677,655 |
| ACTUARIAL LIABILITY OF ANNUITIES PAYABLE | $3,240,933 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $244,397,124 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $23,465,740 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$52,750,992 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$2,091,291 | OtherRevenueAmt |
| Revenue Not Reported | -$54,842,283 | RevenueNotReportedAmt |
| Revenue Subtotal | $78,308,023 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,539,592 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $377,557 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,917,149 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $80,225,172 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $39,628,357 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $39,628,357 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,539,592 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $1,539,592 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $41,167,949 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE FOUNDATION HOLDS AND INVESTS FUNDS BELONGING TO AFFILIATED ORGANIZATIONS. |
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS OF THE FOUNDATION TO FUNCTION AS ENDOWMENTS. PAYOUTS ARE BASED ON A SPECIFIED PERCENTAGE OF THE 12-QUARTER ROLLING AVERAGE BALANCE OF THE ENDOWMENT FUNDS. THE PURPOSE, AS SPECIFIED BY THE DONOR, IS THE BASIS FOR UTILIZATION OF THE FUNDS, WITH THERE BEING THREE BROAD CATEGORIES OF SUPPORT - STUDENT SCHOLARSHIPS, FELLOWSHIPS, AWARDS, AND OTHER FINANCIAL AID; FACULTY SUPPORT; AND ACADEMIC COLLEGE AND DEPARTMENTAL SUPPORT. 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 XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF LIFE INSURANCE POLICIES -238,862. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,852,429. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | TRANSFERS FROM RELATED ENTITY 377,557. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $146,077,621 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $20,103,737 |
| 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 | $166,181,358 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $166,181,358 | 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 (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3: | INVESTMENTS ARE RECORDED AT FAIR MARKET VALUE. |
| PART III ACCOUNTING METHOD: | |
| PART IV, LINE 1 | THE ORGANIZATION WAS A TRANSFEROR OF PROPERTY TO VARIOUS FOREIGN CORPORATIONS (INVESTMENTS) DURING THE FISCAL YEAR. SOME OF THE AMOUNTS TRANSFERRED MET THE FORM 926 FILING REQUIREMENTS AND THE FOUNDATION HAS FILED THE FORM 926 FOR THESE TRANSACTIONS. |
| PART IV, LINE 3 | WHILE THE FOUNDATION HAD INVESTMENTS IN FOREIGN CORPORATIONS DUE TO VARIOUS ALTERNATIVE INVESTMENTS, THE OWNERSHIP INTERESTS WERE BELOW THE FILING THRESHOLDS FOR FORM 5471. |
| PART IV, LINE 4 | THE ORGANIZATION IS AN INVESTOR IN ONE OR MORE PASSIVE FOREIGN INVESTMENT COMPANIES ("PFICS"). THE ORGANIZATION DID NOT RECEIVE ANY TAXABLE DISTRIBUTIONS FROM ANY OF THE PFICS DURING THE FISCAL YEAR. FORM 8621 IS NOT BEING FILED PURSUANT TO IRS GUIDANCE SET FORTH IN REG. SEC. 1.1291-1(E). |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| BENTZ WHALEY FLESSNER | ||||||||
| 7900 XERXES AVENUE SOUTH STE 980 | MINNEAPOLIS | MN | 55431 | CAPITAL CAMPAIGN CONSULTANT | 0 | $0 | $7,469 | -$7,469 |
| COLLEGE CONNECTIONS INC | ||||||||
| 6129 LONG MEADOW ROAD | MCLEAN | VA | 22101 | ALUMNI OUTREACH | 0 | $0 | $87,301 | -$87,301 |
| CCG CONSULTING GROUP LLC | ||||||||
| 4204 SUMMIT WAY | MARIETTA | GA | 30066 | CONSULTING FOR FUNDRAISING AND SPECIFIC CAMPAIGNS | 0 | $0 | $36,112 | -$36,112 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $130,882 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$130,882 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLEMSON UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ADMIN SERVICES BLDG 108 PERIMETER | AddressLine1Txt |
| Address Line2 | ROAD | AddressLine2Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29634 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 576000254 | RecipientEIN |
| IRC Section | 170(C)(1) | IRCSectionDesc |
| Cash Grant | $26,133,721 | CashGrantAmt |
| Non Cash Assistance | $49,028 | NonCashAssistanceAmt |
| Valuation Method Used | FMV AT PURCHASE | ValuationMethodUsedDesc |
| Non Cash Assistance | EQUIPMENT TRANSFERRED TO CLEMSON UNIVERSITY | NonCashAssistanceDesc |
| Purpose Of Grant | TO PROMOTE THE WELFARE AND FUTURE DEVELOPMENT OF CLEMSON UNIVERSITY THROUGH PROGRAMMATIC AND SCHOLARSHIP SUPPORT | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL DISBURSEMENTS TO CLEMSON UNIVERSITY ARE REVIEWED FOR COMPLIANCE WITH GIFT AGREEMENTS AND APPROPRIATENESS. SCHOLARSHIPS AND FINANCIAL AID ARE ADMINISTERED AND DISBURSED AS A PART OF THE FINANCIAL AID AWARD PROCESS THROUGH THE FINANCIAL AID DEPARTMENT OF CLEMSON UNIVERSITY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| 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 |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | 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 (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES CLEMENTS | ||||||||||||||
| CLEMSON UNIVERSITY PRESIDENT | $626,475 | $311,667 | $100,000 | $0 | $55,331 | $40,929 | $0 | $64,555 | $0 | $19,302 | $781,806 | $436,453 | $50,000 | $0 |
| JOHN C ALEXANDER | ||||||||||||||
| CIO | $91,667 | $168,193 | $36,142 | $2,599 | $0 | $9,330 | $0 | $9,586 | $0 | $6,784 | $127,809 | $196,492 | $0 | $0 |
| HARRISON F TRAMMELL | ||||||||||||||
| PRESIDENT & CEO THRU 8/20/21 | $0 | $182,785 | $0 | $14,105 | $0 | $14,117 | $0 | $10,052 | $0 | $10,937 | $0 | $231,996 | $0 | $0 |
| DEBORAH C NEWSOM | ||||||||||||||
| TREASURER & CFO THRU 12/31/21 | $0 | $174,566 | $0 | $2,625 | $0 | $1,951 | $0 | $8,881 | $0 | $6,564 | $0 | $194,587 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | TRAVEL EXPENSES FOR THE SPOUSE OF THE CLEMSON UNIVERSITY SENIOR FUNDRAISING EMPLOYEE, THE PRESIDENT OF CLEMSON UNIVERSITY, ARE PAID WHEN A BONA FIDE BUSINESS PURPOSE EXISTS, WITH SUCH EXPENSES REVIEWED AND APPROVED BY SENIOR MANAGEMENT. AS EXPENSES ARE INCURRED FOR BUSINESS PURPOSES, THEY ARE NOT TREATED AS TAXABLE INCOME. THE SENIOR FUNDRAISING EMPLOYEE OF THE CLEMSON UNIVERSITY FOUNDATION, THE PRESIDENT OF CLEMSON UNIVERSITY, IS PROVIDED A FAMILY MEMBERSHIP TO A GOLF FACILITY, THE VALUE OF WHICH IS INCLUDED IN THE W-2 FOR THIS EMPLOYEE AS TAXABLE INCOME. |
| PART I, LINE 4B | THE PRESIDENT OF CLEMSON UNIVERSITY HAS A SECTION 457(F) DEFERRED COMPENSATION PLAN BASED ON PERFORMANCE METRICS WITH THE ANNUAL AMOUNT CONTRIBUTED TO THE PLAN DETERMINED BY THE CLEMSON UNIVERSITY BOARD OF TRUSTEES. THE PLAN IS FUNDED BY THE CLEMSON UNIVERSITY FOUNDATION. DURING THE TAX REPORTING PERIOD, $100,000 WAS CONTRIBUTED TO THE PLAN AND $50,000 WAS PAID OUT. FUTURE PAYMENTS OUT OF THE PLAN ARE BASED ON A VESTING SCHEDULE. ADDITIONALLY, A SUPPLEMENTAL RETIREMENT IS PROVIDED BY THE CLEMSON UNIVERSITY FOUNDATION IN THE FORM OF A COLLATERAL ASSIGNMENT SPLIT DOLLAR (CASD) ARRANGEMENT. SEE SCHEDULE L, PART V FOR A BROADER DESCRIPTION. |
| PART I, LINE 7 | BOTH THE CEO'S AND CIO'S TOTAL COMPENSATION INCLUDES BASE COMPENSATION FOR SERVICES ALONG WITH VARIABLE COMPENSATION POTENTIAL. VARIABLE COMPENSATION, IF ANY, IS DETERMINED AT THE CLOSE OF THE FISCAL YEAR BASED UPON PRE-ESTABLISHED CRITERIA AND SUBJECT TO APPROVAL BY THE EXECUTIVE COMMITTEE (WITH HUMAN RESOURCES DELEGATION) AND REPORT TO THE FULL BOARD. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| JAMES CLEMENTS | |||||||
| KEY EMPLOYEE | SEE PART V | Yes (X) | $1,000,000 | $1,008,331 | 0 | Yes (1) | Yes (1) |
| JAMES CLEMENTS | |||||||
| KEY EMPLOYEE | SEE PART V | Yes (X) | $1,350,000 | $1,394,519 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $2,402,850 | TotalBalanceDueAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART II | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS THROUGH AN ALTERNATIVE FUNDING ARRANGEMENT THE IRS CALLS "COLLATERAL ASSIGNMENT SPLIT DOLLAR" (CASD). ALTHOUGH THE ARRANGEMENT IS CONSIDERED A LOAN FOR TAX PURPOSES, NO FUNDS ARE TRANSFERRED TO THE EXECUTIVE. CASD WORKS AS FOLLOWS: THE FOUNDATION DEPOSITS FUNDS INTO A CASH VALUE LIFE INSURANCEPOLICY ON THE EXECUTIVE'S LIFE. DURING LIFE, TO THE EXTENT THE EXECUTIVE FULFILLS SERVICE AND VESTING REQUIREMENTS, THE EXECUTIVE CAN BORROW AGAINST THE VALUES IN THE POLICY TO SUPPLEMENT RETIREMENT INCOME. POLICY PERFORMANCE IS CLOSELY MONITORED. IF POLICY PERFORMANCE LAGS, THE EXECUTIVE'S BORROWING RIGHTS ARE REDUCED TO PROTECT THE FOUNDATION'S RECOVERY RIGHTS. AT THE DEATHS OF THE EXECUTIVE AND HIS SPOUSE, THE POLICY DEATH PROCEEDS ARE FIRST USED TO REPAY THE FOUNDATION ITS DEPOSITS PLUS COMPOUNDED INTEREST (AT THE IRS LONG-TERM APPLICABLE FEDERAL RATE). THE EXECUTIVE'S BENEFICIARY THEN RECEIVES ANY PROJECTED RETIREMENT BORROWING THE EXECUTIVE DID NOT ACCESS DURING LIFE. ANY REMAINING DEATH PROCEEDS ARE AVAILABLE TO BE PAID TO THE EXECUTIVE'S BENEFICIARY. THE RECOVERY RIGHT IS A KEY ADVANTAGE OF A CASD FOR THE FOUNDATION. RATHER THAN PAYING RETIREMENT BENEFITS TO THE EXECUTIVE THAT WOULD NEVER BE RECOVERED, UNDER CASD THE FOUNDATION RECOVERS NOT ONLY ITS OUTLAYS, BUT ALSO CONSIDERATION FOR THE TIME VALUE OF MONEY. NOTE THE DIFFERENCE BETWEEN THE AMOUNT REPORTED ON FORM 990, PART X, LINE 5 AND SCHEDULE L IS DUE TO THE FACT THAT FOR GAAP THE LOAN AMOUNT IS RECORDED AT THE LESSER OF (1) CASH SURRENDER VALUE PLUS ANY PREMIUM DEPOSIT ACCOUNT AND TAX ACCOUNT BALANCES OR (2) PREMIUM "LOAN" PLUSACCRUED INTEREST. FORM 990, PART X, LINE 5 SHOWS THE CASH SURRENDER VALUE FOR AUDITED FINANCIAL STATEMENT PURPOSES WHILE SCHEDULE L REPORTS THE PREMIUM "LOAN" PLUS ACCRUED INTEREST. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 145 | ContributionCnt |
| Noncash Contributions Rpt F990 | $7,318,108 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVERAGE MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Scientific Specimens ScientificSpecimensGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $8,332 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| 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 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE HAS AUTHORITY TO TAKE OFFICIAL ACTION BETWEEN MEETINGS OF THE FULL BOARD ON ALL MATTERS, EXCEPT THE ADOPTION OF MODIFICATION OF THE ORGANIZATION'S CONSTITUTION, BASIC POLICY PRONOUNCEMENTS REGARDING GOVERNANCE OF THE ORGANIZATION, AND ACTIONS SPECIFIED IN SOUTH CAROLINA CODE SECTION 33-31-825(E). COMPOSITION OF THE EXECUTIVE COMMITTEE INCLUDES THE FOLLOWING VOTING BOARD MEMBERS: CHAIR, VICE CHAIR, AND IMMEDIATE PAST CHAIR OF THE BOARD AND CHAIRS OF THE STANDING BOARD COMMITTEES. ADDITIONALLY, SEVERAL EX-OFFICIO/NON-VOTING MEMBERS OF THE FULL BOARD ARE INCLUDED. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING, WITH THE GOVERNANCE COMMITTEE CHARGED WITH REVIEWING THE 990 IN DETAIL. |
| FORM 990, PART VI, SECTION B, LINE 12C | CLEMSON UNIVERSITY FOUNDATION BOARD AND KEY EMPLOYEES RECEIVE A COPY OF THE CODE OF CONDUCT WITH THE CONFLICT OF INTEREST POLICY ANNUALLY FOR REVIEW AND SIGNATURE. ANY DIRECTOR OR OFFICER WHO HAS AN INTEREST IN A CONTRACT, A NON-PASSIVE INVESTMENT OR OTHER TRANSACTION PRESENTED TO THE BOARD OF DIRECTORS OR A COMMITTEE THEREOF FOR AUTHORIZATION, APPROVAL OR RATIFICATION SHALL MAKE A PROMPT AND FULL DISCLOSURE OF HIS OR HER INTEREST TO THE BOARD OF DIRECTORS OR SUCH COMMITTEE PRIOR TO ANY ACTION ON SUCH CONTRACT OR TRANSACTION BY THE BOARD OF DIRECTORS OR SUCH COMMITTEE. IF A CONFLICT IS DEEMED TO EXIST, SUCH PERSON SHALL NOT VOTE ON, NOR USE HIS OR HER PERSONAL INFLUENCE ON, NOR PARTICIPATE IN (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO RESPOND TO QUESTIONS) THE DISCUSSIONS OR DELIBERATIONS WITH RESPECT TO SUCH CONTRACT OR TRANSACTIONS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF THE CEO AND OTHER OFFICERS IS SET BY THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF DIRECTORS FOR THE CLEMSON UNIVERSITY FOUNDATION. THE PROCESS INCLUDES AN ANNUAL COMPENSATION REVIEW WITH ANALYSIS OF DATA FOR COMPARABLE POSITIONS AT SIMILAR INSTITUTIONS, AS WELL AS CONSIDERATION OF THE STANDARDIZED CLASSIFICATION AND COMPENSATION PROCESS FOR THIS POSITION AS DETERMINED BY CLEMSON UNIVERSITY'S OFFICE OF HUMAN RESOURCES UNDER THE GUIDELINES ESTABLISHED BY THE STATE OF SOUTH CAROLINA. THE PROCESS IS DOCUMENTED AND ACTION MEMORIALIZED AS A PART OF THE PERMANENT MINUTES OF BOTH THE HUMAN RESOURCES COMMITTEE AND THE FULL BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. EXEMPT ORGANIZATION STATUS WAS FILED IN 1933 AND FILING DOCUMENTS ARE NOT AVAILABLE. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF LIFE INSURANCE POLICIES -238,862. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -1,852,429. NET TRANSFERS TO AFFILIATED ENTITIES -249,015. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CUF DATA ADMINISTRATOR LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1889 | AddressLine1Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29633 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 831031436 | EIN |
| Primary Activities | ADMINISTRATION OF INFORMATION TECHNOLOGY SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $4,873 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLEMSON UNIVERSITY FOUNDATION | BusinessNameLine1Txt |
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 | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| CLEMSON UNIVERSITY | ||||||||||
| ADMIN SERVICES BLDG 108 PERIMETER R | CLEMSON | SC | 29634 | 576000254 | RESEARCH UNIVERSITY EDUCATING UNDERGRADUATE AND GRADUATE STUDENTS | SC | 170(C)(1) | N/A | 0 | |
| CLEMSON UNIVERSITY REAL ESTATE FOUNDATION | ||||||||||
| PO BOX 1889 | CLEMSON | SC | 29633 | 570933257 | RECEIVE AND STEWARD GIFTS OF REAL ESTATE FOR THE BENEFIT OF CLEMSON UNIV. | SC | 501(C)(3) | N/A | 0 | LINE 12A, I |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CHARITABLE REMAINDER ANNUITY TRUSTS (3) | |||||||||||
| TRUST | SC | N/A | T | Yes (1) | |||||||
| CHARITABLE REMAINDER TRUSTS (44) | |||||||||||
| TRUST | SC | N/A | T | 0 | |||||||
| CLEMSON UNIVERSITY FOUNDATION HOLDINGS LLC | |||||||||||
| INVESTMENTS | SC | C | Yes (1) | 155 OLD GREENVILLE HWY STE 105 | CLEMSON | SC | 29631 | 813206816 | CLEMSON UNIVERSITY FOUNDATION | 1.00000 | |
| ENCINO CAR CENTER - NEW INC | |||||||||||
| LEASING | CA | C | Yes (1) | 155 OLD GREENVILLE HWY STE 105 | CLEMSON | SC | 29631 | 951919155 | CLEMSON UNIVERSITY FOUNDATION | 1.00000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | 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 | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CLEMSON UNIVERSITY | ||
| B | $26,182,749 | BOOK |
| CLEMSON UNIVERSITY | ||
| E | $240,447,398 | BOOK |
| CLEMSON UNIVERSITY | ||
| L | $2,152,398 | BOOK |
| CLEMSON UNIVERSITY | ||
| O | $2,283,658 | BOOK |
| ENCINO CAR CENTER - NEW INC | ||
| S | $210,558 | CASH RECEIVED |