FURMAN UNIVERSITY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: FURMAN UNIVERSITY (EIN 57-0314395)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2025-05-13
IRS object ID: 202521339349310007
Schema version: 2023v6.0
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	2025-05-13T22:32:34-05:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2001 16TH STREET SUITE 1700	AddressLine1Txt
City	DENVER	CityNm
State Abbreviation	CO	StateAbbreviationCd
ZIP	80202	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	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 FOR FINANCE & ADMINISTRATION	PersonTitleTxt
Phone	8642943496	PhoneNum
Signature	2025-04-29	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SARAH HINTZ	PreparerPersonNm
PTIN	P00492291	PTIN
Phone	3037795710	PhoneNum
Preparation	2025-05-12	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	SUSAN MADDUX	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	$555,625,795	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	31	VotingMembersGoverningBodyCnt
Voting Members Independent	31	VotingMembersIndependentCnt
Total Employee	2444	TotalEmployeeCnt
Total Volunteers	31	TotalVolunteersCnt
Total Gross UBI	$3,351,665	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$897,052	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$28,517,280	PYContributionsGrantsAmt
CY Contributions Grants	$43,802,648	CYContributionsGrantsAmt
PY Program Service Revenue	$172,953,629	PYProgramServiceRevenueAmt
CY Program Service Revenue	$184,035,811	CYProgramServiceRevenueAmt
PY Investment Income	$21,160,870	PYInvestmentIncomeAmt
CY Investment Income	$60,117,373	CYInvestmentIncomeAmt
PY Other Revenue	$562,619	PYOtherRevenueAmt
CY Other Revenue	$927,751	CYOtherRevenueAmt
PY Total Revenue	$223,194,398	PYTotalRevenueAmt
CY Total Revenue	$288,883,583	CYTotalRevenueAmt
PY Grants And Similar Paid	$78,073,353	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$85,801,841	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$88,202,380	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$92,832,745	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$5,754,782	CYTotalFundraisingExpenseAmt
PY Other Expenses	$89,797,408	PYOtherExpensesAmt
CY Other Expenses	$91,498,301	CYOtherExpensesAmt
PY Total Expenses	$256,073,141	PYTotalExpensesAmt
CY Total Expenses	$270,132,887	CYTotalExpensesAmt
PY Revenues Less Expenses	-$32,878,743	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$18,750,696	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,280,396,314	TotalAssetsBOYAmt
Total Assets EOY	$1,399,667,880	TotalAssetsEOYAmt
Total Liabilities BOY	$186,472,531	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$269,319,882	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,093,923,783	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,130,347,998	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	$174,904,464	ExpenseAmt
Grant	$85,801,841	GrantAmt
Revenue	$138,366,014	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	$37,885,963	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$4,302,978	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	$27,885,189	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$40,958,869	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	$240,675,616	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	Yes (1)	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	2636	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	2444	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
Form1098 C Filed	Yes (1)	Form1098CFiledInd
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	31	GoverningBodyVotingMembersCnt
Independent Voting Member	31	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	0	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	DAWN DURHAM	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8642942000	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 (49 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
KEVIN T BYRNE
CHAIR	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
ROBERT E HILL JR
VICE CHAIR	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
CHRISTINA NEWSOM BYRON
SECRETARY	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
CHARLES AMBROSE
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
KRISTIN BAUCOM DAVIES
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JOLLEY BRUCE CHRISTMAN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
KEVIN R BRYANT
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
THOMAS CULLEN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
CYNTHIA DAVIS
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
LEE C DILLWORTH
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
FRANCES ELLISON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JOHANNA FRIERSON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
DAVID L HAUSER
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
MARK KAISER
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
RAYMOND KING
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JAMES A LANIER JR
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
DAVID LAXER
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
ANTHONY WILTON MCDADE
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
TRACI MILLER
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
YENDELELA NEELY HOLSTON
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
BETH TAYLOR
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 J THAMES
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
LIZANNE THOMAS
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
RACHELLE HARLEY THOMPSON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
SUSAN THOMSON SHI
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
MATTHEW WALLIS WILSON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
C KEMMONS W WILSON III
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
RICHARD N WRENN JR
TRUSTEE	2.00	2.00	Yes (X)		$0	$0	$0
DR ELIZABETH DAVIS
PRESIDENT	40.00	0.00		Yes (X)	$622,355	$0	$42,752
SUSAN MADDUX
VP FOR FINANCE & ADMINISTRATION	40.00	2.00		Yes (X)	$406,909	$0	$47,010
JASON DONNELLY
VP FOR INTERCOLLEGIATE ATHLETICS	40.00	0.00		Yes (X)	$304,486	$0	$59,817
THOMAS E EVELYN II
VP FOR UNIVERSITY COMMUNICATIONS	40.00	0.00		Yes (X)	$297,040	$0	$61,696
BETH PONTARI
ACADEMIC AFFAIRS & PROVOST	40.00	0.00		Yes (X)	$265,647	$0	$54,417
HEIDI MCCRORY
VP FOR DEVELOPMENT	40.00	0.00		Yes (X)	$263,745	$0	$50,011
CONNIE L CARSON
VP FOR STUDENT LIFE	40.00	0.00		Yes (X)	$266,141	$0	$37,545
EMILY SCHUCK
VP OF ENROLLMENT MANAGEMENT	40.00	0.00		Yes (X)	$139,585	$0	$31,547
ROBERT KENNEY
CHIEF INVESTMENT OFFICER	40.00	0.00			$292,226	$0	$61,411	Yes (X)
MEREDITH GREEN
GENERAL COUNSEL	40.00	0.00			$191,151	$0	$45,311	Yes (X)
JEREMY CASS
DEAN OF FACULTY	40.00	0.00			$204,318	$0	$22,306	Yes (X)
JEFF REDDERSON
ASSOCIATE VP FOR FACILITIES	40.00	0.00			$177,222	$0	$49,829	Yes (X)
ELIZABETH SEMAN
CHIEF OF STAFF	40.00	0.00			$184,222	$0	$19,934	Yes (X)
ROBERT RICHEY
MEN'S HEAD BASKETBALL COACH	40.00	0.00			$645,722	$0	$60,856		Yes (X)
CLAYTON HENDRIX
HEAD FOOTBALL COACH	40.00	0.00			$321,204	$0	$60,089		Yes (X)
DANNY TANG
CHIEF INFORMATION OFFICER	40.00	0.00			$232,953	$0	$54,590		Yes (X)
GEORGE SHIELDS
PROFESSOR OF CHEMISTRY	40.00	0.00			$206,657	$0	$53,321		Yes (X)
DON GORDON
RILEY INSTITUTE FOUNDING DIRECTOR	40.00	0.00			$191,940	$0	$30,363		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$5,213,523	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$842,805	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	132	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
TRIANGLE CONSTRUCTION CO
2624 LAURENS RD	GREENVILE	SC	29607	CONSTRUCTION	$17,186,499
THE HARPER CORPORATION
35 WEST COURT STREET STE 400	GREENVILLE	SC	29601	CONSTRUCTION	$11,992,836
COMPASS GROUP USA INC
2400 YORKMONT ROAD	CHARLOTTE	NC	28217	DINING SERVICES	$10,549,310
BETSCH ASSOCIATES INC
101 NORTH MAIN STREET STE 808	GREENVILLE	SC	29601	ARCHITECTS	$1,375,352
JD LANE CONSTRUCTION LLC
PO BOX 38	TIGERVILLE	SC	29688	CONSTRUCTION	$884,358

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	58	CntrctRcvdGreaterThan100KCnt
Fundraising	$17,470	FundraisingAmt
Related Organizations	$329,917	RelatedOrganizationsAmt
Government Grants	$3,494,772	GovernmentGrantsAmt
All Other Contributions	$39,960,489	AllOtherContributionsAmt
Noncash Contributions	$3,392,010	NoncashContributionsAmt
Total Contributions	$43,802,648	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION AND FEES	611710	$138,366,014	$138,366,014
ROOM AND BOARD	611710	$32,806,941	$32,806,941
INTERCOLLEGIATE ATHLETICS	611710	$4,302,978	$4,302,978
OTHER AUXILIARY	611710	$3,811,854	$3,791,257	$20,597

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,748,024	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,748,024	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$184,035,811	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$16,285,764	TotalRevenueColumnAmt
Unrelated Business Revenue	$2,787,294	UnrelatedBusinessRevenueAmt
Exclusion	$13,498,470	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$2,485,841	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$1,710,155	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$775,686	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$775,686	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$387,353	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$551,169	UnrelatedBusinessRevenueAmt
Exclusion	$611,870	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$308,721,318	SecuritiesAmt
Other	$80,918	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$264,917,939	SecuritiesAmt
Other	$52,688	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$43,803,379	SecuritiesAmt
Other	$28,230	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$43,831,609	TotalRevenueColumnAmt
Unrelated Business Revenue	-$7,395	UnrelatedBusinessRevenueAmt
Exclusion	$43,839,004	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$96,080	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$17,470	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$61,430	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$34,650	TotalRevenueColumnAmt
Exclusion	$34,650	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	EMPLOYEE LEASE REVENUE	Desc
Business	541900	BusinessCd
Total Revenue Column	$117,415	TotalRevenueColumnAmt
Exclusion	$117,415	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$117,415	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$288,883,583	TotalRevenueColumnAmt
Related Or Exempt Func Income	$183,627,861	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$3,351,665	UnrelatedBusinessRevenueAmt
Exclusion	$58,101,409	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$318,717	TotalAmt
Program Services	$318,717	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$85,473,124	TotalAmt
Program Services	$85,473,124	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$10,000	TotalAmt
Program Services	$10,000	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,755,201	TotalAmt
Program Services	$1,277,234	ProgramServicesAmt
Management And General	$2,202,159	ManagementAndGeneralAmt
Fundraising	$275,808	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$65,647,678	TotalAmt
Program Services	$56,902,545	ProgramServicesAmt
Management And General	$5,769,084	ManagementAndGeneralAmt
Fundraising	$2,976,049	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$5,725,738	TotalAmt
Program Services	$4,799,832	ProgramServicesAmt
Management And General	$657,628	ManagementAndGeneralAmt
Fundraising	$268,278	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$12,394,808	TotalAmt
Program Services	$9,992,180	ProgramServicesAmt
Management And General	$1,981,791	ManagementAndGeneralAmt
Fundraising	$420,837	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$5,309,320	TotalAmt
Program Services	$4,450,753	ProgramServicesAmt
Management And General	$609,800	ManagementAndGeneralAmt
Fundraising	$248,767	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$31,519	TotalAmt
Management And General	$31,519	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$391,352	TotalAmt
Management And General	$391,352	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$189,627	TotalAmt
Management And General	$189,627	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$2,302,430	TotalAmt
Management And General	$2,302,430	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$7,700,766	TotalAmt
Program Services	$5,433,386	ProgramServicesAmt
Management And General	$2,094,995	ManagementAndGeneralAmt
Fundraising	$172,385	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$952,191	TotalAmt
Program Services	$613,390	ProgramServicesAmt
Management And General	$37,605	ManagementAndGeneralAmt
Fundraising	$301,196	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,393,544	TotalAmt
Program Services	$2,960,245	ProgramServicesAmt
Management And General	$339,650	ManagementAndGeneralAmt
Fundraising	$93,649	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$6,901,968	TotalAmt
Program Services	$4,577,600	ProgramServicesAmt
Management And General	$2,046,403	ManagementAndGeneralAmt
Fundraising	$277,965	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,846,612	TotalAmt
Program Services	$171,059	ProgramServicesAmt
Management And General	$1,675,553	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$9,369,856	TotalAmt
Program Services	$9,019,159	ProgramServicesAmt
Management And General	$174,050	ManagementAndGeneralAmt
Fundraising	$176,647	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$3,303,345	TotalAmt
Program Services	$2,652,772	ProgramServicesAmt
Management And General	$400,984	ManagementAndGeneralAmt
Fundraising	$249,589	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$4,735,540	TotalAmt
Program Services	$5,853,819	ProgramServicesAmt
Management And General	-$1,118,279	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$14,310,742	TotalAmt
Program Services	$13,347,732	ProgramServicesAmt
Management And General	$963,010	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
MEAL PLAN EXPENSES	$9,260,225	$9,260,225
LIBRARY RESOURCES	$1,939,177	$1,939,177
UNIFORMS	$1,094,449	$1,093,000	$1,449
REPAIRS & MAINTENANCE	$955,230	$937,916	$17,314

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$22,819,728	TotalAmt
Program Services	$19,591,751	ProgramServicesAmt
Management And General	$2,934,365	ManagementAndGeneralAmt
Fundraising	$293,612	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$270,132,887	TotalAmt
Program Services	$240,675,616	ProgramServicesAmt
Management And General	$23,702,489	ManagementAndGeneralAmt
Fundraising	$5,754,782	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$6,724,912	BOYAmt
EOY	$11,018,088	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$4,567,303	BOYAmt
EOY	$622,895	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$54,604,859	BOYAmt
EOY	$39,651,582	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,321,177	BOYAmt
EOY	$4,917,912	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$265,982	BOYAmt
EOY	$296,850	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,483,287	BOYAmt
EOY	$1,824,709	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$562,797,602	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$250,740,931	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$261,811,973	BOYAmt
EOY	$312,056,671	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$134,671,602	BOYAmt
EOY	$146,484,487	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$574,540,966	BOYAmt
EOY	$609,913,464	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$12,711	BOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$236,391,542	BOYAmt
EOY	$272,881,222	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,280,396,314	BOYAmt
EOY	$1,399,667,880	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$8,318,882	BOYAmt
EOY	$14,278,920	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$4,823,082	BOYAmt
EOY	$6,538,775	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$170,521,981	BOYAmt
EOY	$245,872,855	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$35,605	BOYAmt
EOY	$32,906	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,772,981	BOYAmt
EOY	$2,596,426	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$186,472,531	BOYAmt
EOY	$269,319,882	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	$364,312,147	BOYAmt
EOY	$366,512,182	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$729,611,636	BOYAmt
EOY	$763,835,816	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,093,923,783	BOYAmt
EOY	$1,130,347,998	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,280,396,314	BOYAmt
EOY	$1,399,667,880	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$18,750,696	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$17,879,568	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$206,049	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
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	$23,276,048	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$83,565,475	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$45,654,957	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$28,517,280	CurrentTaxYearMinus1YearAmt
Current Tax Year	$43,795,238	CurrentTaxYearAmt
Total	$224,808,998	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$23,276,048	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$83,565,475	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$45,654,957	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$28,517,280	CurrentTaxYearMinus1YearAmt
Current Tax Year	$43,795,238	CurrentTaxYearAmt
Total	$224,808,998	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$67,315,068	SubstantialContributorsTotAmt
Public Support Total170	$157,493,930	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$11,613,577	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$24,156,439	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,008,540	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$18,537,555	CurrentTaxYearMinus1YearAmt
Current Tax Year	$14,570,669	CurrentTaxYearAmt
Total	$74,886,780	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$51,117	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,145,948	CurrentTaxYearAmt
Total	$1,197,065	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year	$117,415	CurrentTaxYearAmt
Total	$117,415	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$301,010,258	TotalSupportAmt
Gross Receipts Rltd Activities	$846,333,938	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.52320	PublicSupportCY170Pct
Public Support PY170	0.49190	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 D IRS990ScheduleD

Field	Value	IRS element (for citing)
Donor Advised Funds Held	6	DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri	$238,294	DonorAdvisedFundsContriAmt
Donor Advised Funds Grants	$450,425	DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY	$3,014,518	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)
Revenues Included	$0	RevenuesIncludedAmt
Assets Included	$3,749,468	AssetsIncludedAmt

Held Works Art HeldWorksArtGrp

Field	Value	IRS element (for citing)
Revenues Included	$0	RevenuesIncludedAmt
Assets Included	$0	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	$787,489,549	BeginningYearBalanceAmt
Contributions	$10,537,688	ContributionsAmt
Investment Earnings Or Losses	$68,490,492	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$17,144,041	GrantsOrScholarshipsAmt
Other Expenditures	$19,332,643	OtherExpendituresAmt
Administrative Expenses	$2,302,429	AdministrativeExpensesAmt
End Year Balance	$827,738,616	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$812,285,408	BeginningYearBalanceAmt
Contributions	$12,814,106	ContributionsAmt
Investment Earnings Or Losses	$2,074,962	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$17,535,644	GrantsOrScholarshipsAmt
Other Expenditures	$19,774,237	OtherExpendituresAmt
Administrative Expenses	$2,375,046	AdministrativeExpensesAmt
End Year Balance	$787,489,549	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$838,971,213	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	$812,285,408	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$670,014,075	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	$838,971,213	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$694,271,736	BeginningYearBalanceAmt
Contributions	$11,819,457	ContributionsAmt
Investment Earnings Or Losses	$3,561,094	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$14,361,697	GrantsOrScholarshipsAmt
Other Expenditures	$19,951,585	OtherExpendituresAmt
Administrative Expenses	$5,324,930	AdministrativeExpensesAmt
End Year Balance	$670,014,075	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.15778	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.62921	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.21302	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	$38,741,007	OtherCostOrOtherBasisAmt
Book Value	$38,741,007	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$423,016,742	OtherCostOrOtherBasisAmt
Depreciation	$163,623,938	DepreciationAmt
Book Value	$259,392,804	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$85,330,512	OtherCostOrOtherBasisAmt
Depreciation	$79,201,417	DepreciationAmt
Book Value	$6,129,095	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$15,709,341	OtherCostOrOtherBasisAmt
Depreciation	$7,915,576	DepreciationAmt
Book Value	$7,793,765	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$312,056,671	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (9 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
PRIVATE CAPITAL	$4,291,495	C
REAL ESTATE	$902,658	C
CLOSELY HELD EQUITY INTERESTS	$10	F
EQUITY SECURITIES	$221,173,724	F
FIXED INCOME	$23,940,817	F
HEDGED STRATEGIES	$128,905,380	F
PRIVATE CAPITAL	$153,954,561	F
PRIVATE CREDIT	$12,010,609	F
REAL ESTATE FUNDS	$64,734,210	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$609,913,464	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDesc	Book ValueBookValueAmt
CSV LIFE INSURANCE	$2,119,903
RIGHT OF USE ASSET	$151,519
EQUITY INTEREST IN HOLLINGSWORTH	$176,189,790
FUNDS HELD IN TRUST FOR BOND ISSUED	$88,644,209
FUNDS HELD IN TRUST BY OTHERS	$5,775,801

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$272,881,222	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
ASSET RETIREMENT OBLIGATION	$1,447,054
LEASE OBLIGATIONS	$156,718
SPLIT INTEREST AGREEMENTS	$992,654

Field	Value	IRS element (for citing)
Total Liability	$2,596,426	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$224,107,365	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$17,876,725	NetUnrealizedGainsInvstAmt
Other Revenue	-$82,122,098	OtherRevenueAmt
Revenue Not Reported	-$64,245,373	RevenueNotReportedAmt
Revenue Subtotal	$288,352,738	RevenueSubtotalAmt
Investment Expenses Not Incld	$2,302,430	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$1,771,585	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$530,845	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$288,883,583	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$186,307,922	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$1,771,585	OtherExpensesIncludedAmt
Expenses Not Reported	$1,771,585	ExpensesNotReportedAmt
Expenses Subtotal	$184,536,337	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$2,302,430	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$83,294,120	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$85,596,550	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$270,132,887	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 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 IS EXEMPT FROM FEDERAL AND STATE INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, CERTAIN INCOME UNRELATED TO ITS EXEMPT FUNCTION IS SUBJECT TO INCOME TAXATION. 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, 2024 AND 2023 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	FOUNDATION NET INCOME INCLUDED IN CONSOLIDATED REVENUE 1,383,537. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 387,378. CHANGE IN CSV LIFE INSURANCE 101,255. OTHER -373,074. FINANCIAL AID NET WITH REVENUE -83,294,120. CONTRIBUTION FROM THE FOUNDATION -329,917. FOUNDATION UNREALIZED LOSS 2,843.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	FUNDRAISING EXPENSES -61,430. RENTAL EXPENSES -1,710,155.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSES 1,710,155. FUNDRAISING EXPENSES 61,430.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	FINANCIAL AID NET WITH REVENUE 83,294,120.

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, PROGRAM 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.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	0	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (14 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	Specific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA AND THE CARIBBEAN	INVESTMENTS	$172,909,736
EAST ASIA AND THE PACIFIC	INVESTMENTS	$4,340,534
EUROPE (INCLUDING ICELAND & GREENLAND)	INVESTMENTS	$69,014,630
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	$46,159	STUDENT RECRUITING
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	$34,619	STUDENT RECRUITING
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	$629,239	STUDY AWAY PROGRAMS
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	$2,906,782	STUDY AWAY PROGRAMS
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	$111,996	STUDY AWAY PROGRAMS
SOUTH AMERICA	PROGRAM SERVICES	$74,025	STUDY AWAY PROGRAMS
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	$11,190	MATERIALS AND SUPPLIES
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	$14,402	PROFESSIONAL FEES
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	$5,500	STREAMING SUBSCRIPTION FEES
SOUTH AMERICA	PROGRAM SERVICES	$7,065	PROFESSIONAL FEES
EUROPE (INCLUDING ICELAND & GREENLAND)	SPONSORSHIP	$10,000

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	$249,993,695	SubtotalSpentAmt
Continuation Spent	$122,182	ContinuationSpentAmt
Total Spent	$250,115,877	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

Field	Value	IRS element (for citing)
Region	EUROPE (INCLUDING ICELAND & GREENLAND)	RegionTxt
Purpose Of Grant	N/A	PurposeOfGrantTxt
Cash Grant	$10,000	CashGrantAmt
Manner Of Cash Disbursement	N/A	MannerOfCashDisbursementTxt
Non Cash Assistance	$0	NonCashAssistanceAmt
Valuation Method Used	N/A	ValuationMethodUsedDesc

Field	Value	IRS element (for citing)
Total501c3 Org	0	Total501c3OrgCnt
Total Other Org	1	TotalOtherOrgCnt
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 (2 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 STUDENTS FOR RESEARCH AND OTHER PROJECTS. EXPENSES MUST BE 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.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	VINCE PERONE CLASSIC	Event1Nm
Gross Receipts Event1	$62,280	GrossReceiptsEvent1Amt
Charitable Contri Event1	$9,560	CharitableContriEvent1Amt
Gross Revenue Event1	$52,720	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$6,237	NonCashPrizesEvent1Amt
Food And Beverage Event1	$11,758	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$7,462	OtherDirectExpensesEvent1Amt
Event2	PLADIN CLASSIC	Event2Nm
Gross Receipts Event2	$43,860	GrossReceiptsEvent2Amt
Charitable Contri Event2	$500	CharitableContriEvent2Amt
Gross Revenue Event2	$43,360	GrossRevenueEvent2Amt
Non Cash Prizes Event2	$8,624	NonCashPrizesEvent2Amt
Food And Beverage Event2	$10,100	FoodAndBeverageEvent2Amt
Other Direct Expenses Event2	$13,569	OtherDirectExpensesEvent2Amt
Other Events Total	1	OtherEventsTotalCnt
Gross Receipts Other Events	$7,410	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$7,410	CharitableContriOtherEventsAmt
Non Cash Prizes Other Events	$1,681	NonCashPrizesOtherEventsAmt
Food And Beverage Other Events	$252	FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events	$1,747	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$113,550	GrossReceiptsTotalAmt
Charitable Contributions Tot	$17,470	CharitableContributionsTotAmt
Gross Revenue Total Events	$96,080	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$16,542	NonCashPrizesTotalEventsAmt
Food And Beverage Total Events	$22,110	FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events	$22,778	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$61,430	DirectExpenseSummaryEventsAmt
Net Income Summary	$34,650	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (9 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc	Purpose Of GrantPurposeOfGrantTxt	Address Line2USAddress/AddressLine2Txt
UPSTATE SC ALLIANCE INC
3 RESEARCH DRIVE SUITE 230	GREENVILLE	SC	29607	571095229	501(C)(6)	$0	$5,500	0	N/A	SPONSORSHIP
FALL FOR GREENVILLE
206 S MAIN STREET	GREENVILLE	SC	29601	570876594	501(C)(3)	$0	$7,500	0	N/A	SPONSORSHIP
GREENVILLE ARTS FESTIVAL
101B AUGUST STREET	GREENVILLE	SC	29601	582676608	501(C)(3)	$0	$10,000	0	N/A	SPONSORSHIP
OUR UPSTATE SC
150 EXECUTIVE CENTER DRIVE SUITE	GREENVILLE	SC	29615	451842000	501(C)(3)	$0	$10,000	0	N/A	SPONSORSHIP	202
VENTURESOUTH CAPITAL LLC
PO BOX 26076	GREENVILLE	SC	29616	810946559		$0	$10,000	0	N/A	SPONSORSHIP
EMPIRE MOCK TRIAL ASSOCIATION INC
655 15TH STREET NW SUITE 800	WASHINGTON	DC	20005	260150254	501(C)(3)	$0	$15,000	0	N/A	SPONSORSHIP
THE GREENVILLE DRIVE LLC
945 S MAIN STREET	GREENVILLE	SC	29601	043672609		$0	$60,000	0	N/A	SPONSORSHIP
GREENVILLE ARENA DISTRICT
650 NORTH ACADEMY STREET	GREENVILLE	SC	29601	576007739	CITY OF GREENVILLE	$0	$75,000	0	N/A	SPONSORSHIP
UPCOUNTRY HISTORY MUSEUM
340 BUNCOMBE STREET	GREENVILLE	SC	29601	570833796	501(C)(3)	$0	$75,000	0	N/A	OPERATING SUPPORT

Field	Value	IRS element (for citing)
Total501c3 Org	6	Total501c3OrgCnt
Total Other Org	3	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Valuation Method UsedValuationMethodUsedDesc	Non Cash AssistanceNonCashAssistanceDesc
ATHLETIC SCHOLARSHIPS	270	$13,403,852	N/A	N/A
UNDERGRADUATE SCHOLARSHIPS	2044	$69,368,661	N/A	N/A
GRADUATE SCHOLARSHIPS	48	$521,606	N/A	N/A
RESEARCH, INTERNSHIPS, & FELLOWSHIP STIPENDS	615	$2,091,405	N/A	N/A
GRADUATE STIPENDS	11	$87,600	N/A	N/A

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, AND ROOM AND BOARD. THE SCHOLARSHIPS AND/OR FINANCIAL AID ARE 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 SUCH, 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, INTERNSHIPS, 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. 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
Personal Services	Yes (X)	PersonalServicesInd
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	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	0	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
ROBERT RICHEY
MEN'S HEAD BASKETBALL COACH	$499,317	$0	$137,000	$0	$9,405	$0	$34,566	$0	$26,290	$0	$706,578	$0	$0	$0
DR ELIZABETH DAVIS
PRESIDENT	$617,807	$0	$0	$0	$4,548	$0	$34,024	$0	$8,728	$0	$665,107	$0	$63,111	$0
SUSAN MADDUX
VP FOR FINANCE & ADMINISTRATION	$403,393	$0	$0	$0	$3,516	$0	$34,800	$0	$12,210	$0	$453,919	$0	$0	$0
CLAYTON HENDRIX
HEAD FOOTBALL COACH	$299,532	$0	$13,500	$0	$8,172	$0	$32,551	$0	$27,538	$0	$381,293	$0	$0	$0
JASON DONNELLY
VP FOR INTERCOLLEGIATE ATHLETICS	$279,156	$0	$17,500	$0	$7,830	$0	$30,556	$0	$29,261	$0	$364,303	$0	$0	$0
THOMAS E EVELYN II
VP FOR UNIVERSITY COMMUNICATIONS	$295,234	$0	$0	$0	$1,806	$0	$32,535	$0	$29,161	$0	$358,736	$0	$0	$0
ROBERT KENNEY
CHIEF INVESTMENT OFFICER	$232,786	$0	$59,063	$0	$377	$0	$32,181	$0	$29,230	$0	$353,637	$0	$0	$0
BETH PONTARI
ACADEMIC AFFAIRS & PROVOST	$264,684	$0	$0	$0	$963	$0	$28,739	$0	$25,678	$0	$320,064	$0	$0	$0
HEIDI MCCRORY
VP FOR DEVELOPMENT	$263,745	$0	$0	$0	$0	$0	$28,761	$0	$21,250	$0	$313,756	$0	$0	$0
CONNIE L CARSON
VP FOR STUDENT LIFE	$263,409	$0	$0	$0	$2,732	$0	$28,197	$0	$9,348	$0	$303,686	$0	$0	$0
DANNY TANG
CHIEF INFORMATION OFFICER	$218,600	$0	$14,000	$0	$353	$0	$24,339	$0	$30,251	$0	$287,543	$0	$0	$0
GEORGE SHIELDS
PROFESSOR OF CHEMISTRY	$194,537	$0	$12,120	$0	$0	$0	$21,637	$0	$31,684	$0	$259,978	$0	$0	$0
MEREDITH GREEN
GENERAL COUNSEL	$187,849	$0	$0	$0	$3,302	$0	$11,325	$0	$33,986	$0	$236,462	$0	$0	$0
JEFF REDDERSON
ASSOCIATE VP FOR FACILITIES	$176,035	$0	$0	$0	$1,187	$0	$19,802	$0	$30,027	$0	$227,051	$0	$0	$0
JEREMY CASS
DEAN OF FACULTY	$203,857	$0	$0	$0	$461	$0	$21,690	$0	$616	$0	$226,624	$0	$0	$0
DON GORDON
RILEY INSTITUTE FOUNDING DIRECTOR	$189,592	$0	$0	$0	$2,348	$0	$20,488	$0	$9,875	$0	$222,303	$0	$0	$0
ELIZABETH SEMAN
CHIEF OF STAFF	$183,600	$0	$0	$0	$622	$0	$19,521	$0	$413	$0	$204,156	$0	$0	$0
EMILY SCHUCK
VP OF ENROLLMENT MANAGEMENT	$137,768	$0	$0	$0	$1,817	$0	$14,297	$0	$17,250	$0	$171,132	$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, BOB 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 OF 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 AND JASON DONNELLY WERE 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 THE PRESIDENT 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 4B	NAME: ELIZABETH DAVIS, DESCRIPTION: $63,111 VESTED IN EMPLOYEE'S 457(F) SUPPLEMENTAL RETIREMENT PLAN. NAME: ROBERT KENNEY, DESCRIPTION: $6,497 WAS CONTRIBUTED TO EMPLOYEE'S 457(F) SUPPLEMENTAL RETIREMENT PLAN.
PART I, LINE 7:	THE BONUSES RECEIVED BY CERTAIN OFFICERS, KEY EMPLOYEES, OR HIGHLY COMPENSATED EMPLOYEES WERE PAYMENTS FOR MERIT AND NOT CONTINGENT ON THE REVENUE OR NET EARNINGS OF THE UNIVERSITY OR RELATED ORGANIZATION.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
SC JOBS - ECONOMIC DEVELOPMENT AUTHORITY
A	570960018	8373031UL	2015-08-13	$68,432,003	REFUNDING AND CAPITAL	0	0	0
SC JOBS - ECONOMIC DEVELOPMENT AUTHORITY
B	570960018		2021-09-22	$35,830,000	REFUNDING OF 2006B AND 2010 BOND ISSUES	0	0	0
SC JOBS - ECONOMIC DEVELOPMENT AUTHORITY
C	570960018	837031D42	2022-01-26	$76,277,862	CAPITAL	0	0	0
SC JOBS - ECONOMIC DEVELOPMENT AUTHORITY
D	570960018	83704MED4	2024-05-08	$79,042,503	CAPITAL	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 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	$4,610,000	$68,432,003	$659,117	$25,001,055	$42,771,831	2017	Yes (1)	0	Yes (1)	Yes (1)
B	$4,105,000	$35,830,000	$219,844		$35,610,156	2012	Yes (1)	Yes (1)	Yes (1)	Yes (1)
C		$76,297,393	$588,703	$62,023,966		2024	0	0	0	Yes (1)	$1,342,351	$16,040,727
D		$79,042,503	$632,395	$6,062,820			0	0	0	Yes (1)		$72,603,482

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0	0	Yes (1)
B	0	0	0	0	0	0	Yes (1)
C	0	0	0	0	0	0	Yes (1)
D	0	0	0	0	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 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	0	Yes (1)	Yes (1)
D	Yes (1)	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
DATE REBATE COMPUTATION PERFORMED	ISSUER NAME: SC JOBS - ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/20/2018 ISSUER NAME: SC JOBS - ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/26/2024
SCHEDULE K, PART II, LINE 3, COL C AND COL D:	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	DEPENDENT OF TRUSTEE	RelationshipWithOrgTxt
Cash Grant	$83,000	CashGrantAmt
Type Of Assistance	DISCOUNTED TUITION	TypeOfAssistanceTxt
Assistance Purpose	EDUCATION	AssistancePurposeTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$3,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$90,458	NoncashContributionsRptF990Amt
Method Of Determining Revenues	APPRAISED VALUE	MethodOfDeterminingRevenuesTxt

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$37,298	NoncashContributionsRptF990Amt
Method Of Determining Revenues	COST	MethodOfDeterminingRevenuesTxt

Cars And Other Vehicles CarsAndOtherVehiclesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$18,511	NoncashContributionsRptF990Amt
Method Of Determining Revenues	COST	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	104	ContributionCnt
Noncash Contributions Rpt F990	$3,226,517	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	DEVELOPMENT CAMPAIGN EVENTS	2	$7,960	COST
Yes (X)	MUSICAL SCORES	1	$4,729	APPRAISED VALUE
Yes (X)	PLAQUES AND SIGNS	1	$3,535	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 (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1A	THERE SHALL BE AN EXECUTIVE COMMITTEE, OF WHICH THE MEMBERS SHALL BE THE CHAIR OF THE BOARD, THE VICE CHAIR OF THE BOARD (WHO SHALL SERVE AS THE CHAIR OF THE EXECUTIVE COMMITTEE), THE RESPECTIVE CHAIRS OF THE OTHER STANDING COMMITTEES, UP TO THREE (3) "AT LARGE" TRUSTEES, AND THE PRESIDENT OF THE UNIVERSITY (WITH THE LATTER BEING AN EX OFFICIO, NON-VOTING MEMBER). THE SPECIFIC NUMBER OF "AT LARGE" TRUSTEES TO BE APPOINTED AS MEMBERS OF THE EXECUTIVE COMMITTEE FOR A PARTICULAR FISCAL YEAR SHALL BE DETERMINED ANNUALLY BY THE BOARD (ACTING WITH DUE CONSIDERATION OF ANY RECOMMENDATION THEREON FROM THE COMMITTEE ON TRUSTEESHIP) AT A MEETING HELD PRIOR TO THE BEGINNING OF SUCH FISCAL YEAR. DURING THE INTERIM BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO MAKE DECISIONS AND TAKE ACTIONS ON BEHALF OF THE BOARD, AND TO DO ALL ACTS AND PERFORM ALL DUTIES AND SERVICES NECESSARY TO THE OPERATION OF THE UNIVERSITY; PROVIDED THAT THE EXECUTIVE COMMITTEE (I) SHALL REPORT ALL SUCH ACTIONS TO THE BOARD, AT THE NEXT REGULAR OR SPECIAL MEETING OF THE BOARD, FOR THE BOARD'S REVIEW, CRITICISM AND ADVICE, AND WHEN AND IF NECESSARY OR PRUDENT, FOR THE BOARD'S RATIFICATION; (II) MAY NOT ELECT, APPOINT OR REMOVE TRUSTEES OR FILL VACANCIES ON THE BOARD OR ON ANY BOARD COMMITTEE (UNLESS THE LATTER IS PERMITTED PURSUANT TO SECTION 1(E)); (III) MAY NOT APPROVE OR DEFINITIVELY RECOMMEND THE DISSOLUTION OF THE UNIVERSITY OR THE SALE, PLEDGE OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE UNIVERSITY'S ASSETS; (IV) MAY NOT AUTHORIZE DISTRIBUTIONS; AND (V) MAY NOT ADOPT, AMEND OR REPEAL THE UNIVERSITY'S ARTICLES OF INCORPORATION OR THE BYLAWS.
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. NO TRUSTEE SHALL VOTE ON ANY MATTER IN WHICH SUCH TRUSTEE HAS A CONFLICT OF INTEREST; AND THE CHAIR SHALL REPORT TO THE BOARD THAT THE TRUSTEE HAS REPORTED THE CONFLICT OF INTEREST PRIOR TO TAKING A VOTE.
FORM 990, PART VI, SECTION B, LINE 15A	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. THE DELIBERATION AND DECISION IS DOCUMENTED IN THE BOARD MINUTES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024.
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 387,378. CHANGE IN CSV LIFE INSURANCE 101,255. OTHER -364,765. CONTRIBUTION FROM FOUNDATION -329,917.
FORM 990, PART XII, LINE 2C:	THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.

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	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER UNITRUSTS (4)
SPLIT INTEREST	SC	T	0
CHARITABLE REMAINDER ANNUITY TRUST
SPLIT INTEREST	SC	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	Yes (1)	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	Yes (1)	TransferToOtherOrgInd
Transfer From Other Org	0	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, SOUTH CAROLINA BASED CHARITIES. FOR THE YEAR ENDED JUNE 30, 2024, INCOME DISTRIBUTION FROM THE HOLLINGSWORTH FUNDS, WHICH ARE REPORTED AS INVESTMENT RETURNS, WAS $5,181,139 AND PROVIDED FUNDING FOR THE HOLLINSWORTH SCHOLARS PROGRAM, TWO ENDOWED PROFESSORSHIPS IN THE DEPARTMENTS OF ECONOMICS AND BUSINESS AND ACCOUNTING, AND SPECIFIC NEEDS OF THOSE TWO DEPARTMENTS. FURMAN UNIVERSITY FOUNDATION OPERATES AS A NON PROFIT PUBLIC BENEFIT CORPORATION TO SERVE THE NEEDS AND INTEREST OF FURMAN UNIVERSITY.	ExplanationTxt