FURMAN UNIVERSITY: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: FURMAN UNIVERSITY (EIN 57-0314395)
Tax period: 2019-07-01 to 2020-06-30
Filed: 2021-05-17
IRS object ID: 202111379349310101
Schema version: 2019v5.2
Source: Download XML · Original 990 at ProPublica

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

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

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-05-17T17:42:07-05:00	ReturnTs
Tax Period End	2020-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	560574444	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

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

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-07-01	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 OF FINANCE & ADMINISTRATION	PersonTitleTxt
Phone	8642943496	PhoneNum
Signature	2021-05-17	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

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

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

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

US Address USAddress

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

Field	Value	IRS element (for citing)
Gross Receipts	$298,586,234	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	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	33	VotingMembersGoverningBodyCnt
Voting Members Independent	32	VotingMembersIndependentCnt
Total Employee	2703	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	-$1,513,322	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$26,194,545	PYContributionsGrantsAmt
CY Contributions Grants	$23,276,048	CYContributionsGrantsAmt
PY Program Service Revenue	$177,663,493	PYProgramServiceRevenueAmt
CY Program Service Revenue	$169,959,276	CYProgramServiceRevenueAmt
PY Investment Income	$28,706,816	PYInvestmentIncomeAmt
CY Investment Income	$13,380,096	CYInvestmentIncomeAmt
PY Other Revenue	$1,772,161	PYOtherRevenueAmt
CY Other Revenue	$1,461,843	CYOtherRevenueAmt
PY Total Revenue	$234,337,015	PYTotalRevenueAmt
CY Total Revenue	$208,077,263	CYTotalRevenueAmt
PY Grants And Similar Paid	$72,271,417	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$67,254,157	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$92,720,456	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$94,226,623	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$5,253,214	CYTotalFundraisingExpenseAmt
PY Other Expenses	$72,522,097	PYOtherExpensesAmt
CY Other Expenses	$71,613,336	CYOtherExpensesAmt
PY Total Expenses	$237,513,970	PYTotalExpensesAmt
CY Total Expenses	$233,094,116	CYTotalExpensesAmt
PY Revenues Less Expenses	-$3,176,955	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$25,016,853	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,092,540,721	TotalAssetsBOYAmt
Total Assets EOY	$1,049,847,532	TotalAssetsEOYAmt
Total Liabilities BOY	$126,688,867	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$118,690,023	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$965,851,854	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$931,157,509	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
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	$151,063,776	ExpenseAmt
Grant	$67,254,157	GrantAmt
Revenue	$137,609,097	RevenueAmt
Desc	INSTRUCTION OF STUDENTS IN BOTH UNDERGRADUATE AND GRADUATE PROGRAMS. THE 4 YEAR PATHWAY FOR STUDENTS INSTITUTED BY THE FURMAN ADVANTAGE INCLUDES STUDY AWAY PROGRAMS IN MORE THAN 20 COUNTRIES MOST OF WHICH ARE LED BY FURMAN FACULTY, CAREER FOCUSED INTERNSHIPS AND COMMUNITY INVOLVEMENT. 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	$30,329,244	ExpenseAmt
Revenue	$4,510,087	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	$21,044,398	ExpenseAmt
Revenue	$23,661,525	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

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Revenue	$4,350,695	RevenueAmt
Desc	MISCELLANEOUS REVENUE FROM CONTRACTS AND FEES FROM EXEMPT FUNCTION UNIVERSITY ACTIVITIES.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Revenue	$4,350,695	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$202,437,418	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	Yes (1)	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	Yes (1)	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	Yes (1)	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	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	431	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	2703	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
DAF Excess Business Holdings	0	DAFExcessBusinessHoldingsInd
Taxable Distributions	0	TaxableDistributionsInd
Distribution To Donor	0	DistributionToDonorInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	33	GoverningBodyVotingMembersCnt
Independent Voting Member	32	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Phone	8642943496	PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (51 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	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
A ALEXANDER TAYLOR II
CHAIR	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
P EDWIN GOOD
VICE CHAIR	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
YENDELELA NEELY HOLSTON
SECRETARY	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
JOHN DONALD ANDERSON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
ROBERT L BLOCKER
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
KEVIN R BRYANT
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
KEVIN T BYRNE
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
CHRISTINE NEWSOME BYRON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
RICHARD CULLEN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
LEE C DILWORTH
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
DAVID G ELLISON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
SEAN P HARTNESS
TRUSTEE	2.00	1.00	Yes (X)		$0	$0	$0
DAVID L HAUSER
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
ROBERT E HILL JR
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
STANFORD J JENNINGS
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
CARL F KOHRT
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JAMES A LANIER JR
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
MARY SEAWELL METZ
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JAMES M NEY
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JASON W RICHARDS
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
MICHAEL C RIORDAN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
DANIEL S SANDERS JR
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
SUSAN T SHI
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
PEACE STERLING SULLIVAN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
BRENDA J THAMES
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
TONY R THENE
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
RACHELLE H THOMPSON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
WILLIAM R TIMMONS III
TRUSTEE	2.00	1.00	Yes (X)		$0	$0	$0
DAVID J TRONE
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
MATTHEW WALLS WILSON
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
RICHARD N WRENN JR
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
BAXTER M WYNN
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
JOHN C YATES
TRUSTEE	2.00	0.00	Yes (X)		$0	$0	$0
DR ELIZABETH DAVIS
PRESIDENT	40.00	0.00		Yes (X)	$536,840	$0	$67,705
SUSAN MADDUX
VP FINANCE & ADMINISTRATION	40.00	2.00		Yes (X)	$262,690	$0	$49,536
KENNETH PETERSON
VP FOR AA & PROVOST BEG 8/1/19	40.00	0.00		Yes (X)	$218,550	$0	$47,089
MICHAEL HENDRICKS
VP ENROLLMENT MGMT	40.00	0.00		Yes (X)	$283,118	$0	$70,607
DAVID P STEINOUR
CHIEF INFORMATION OFFICER	40.00	0.00		Yes (X)	$276,789	$0	$41,074
THOMAS E EVELYN II
VP COMMUNICATION	40.00	0.00		Yes (X)	$236,608	$0	$66,541
CONNIE L CARSON
VP STUDENT LIFE	40.00	0.00		Yes (X)	$202,672	$0	$36,908
HEIDI MCCRORY
VP DEVELOPMENT	40.00	0.00		Yes (X)	$244,066	$0	$66,036
JASON DONNELLY
ATHLETICS DIRECTOR THRU 12/31/19	40.00	0.00		Yes (X)	$123,833	$0	$5,840
GEORGE SHIELDS
VP OF AA & PROVOST THRU 8/1/2019	40.00	0.00		Yes (X)	$236,762	$0	$57,624
KRISTOPHER N KAPOOR
CHIEF INVESTMENT OFFICER	40.00	0.00			$255,089	$0	$45,557	Yes (X)
JEFF REDDERSON
AVP FACILITIES	40.00	0.00			$167,135	$0	$37,243	Yes (X)
CLAYTON HENDRIX
HEAD COACH FOOTBALL	40.00	0.00			$282,194	$0	$52,245		Yes (X)
ROBERT RICHEY
MEN'S BASKETBALL COACH	40.00	0.00			$280,206	$0	$51,390		Yes (X)
DONALD GORDAN
EXECUTIVE DIRECTOR RILEY INSTITUTE	40.00	0.00			$180,548	$0	$34,171		Yes (X)
RICHARD MEADE
MEN'S LACROSSE COACH	40.00	0.00			$262,038	$0	$32,426		Yes (X)
AMY BLACKWELL
AVP FINANCE	40.00	0.00			$169,533	$0	$38,824		Yes (X)
MICHAEL BUDDIE
FORMER OFFICER (ATHLETIC DIR.)	0.00	0.00			$149,674	$0	$25,433			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,368,345	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$826,249	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	141	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (1)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
COMPASS GROUP USA INC
PO BOX 91337	CHICAGO	IL	606931337	DINING SERVICES	$9,098,608
SCI WDSFMS SERVICES LLC
PO BOX 402521	ATLANTA	GA	303842521	CONSULTING	$1,712,902
EDUCATIONAL PROGRAMMES ABROAD INC
500 JOSEPH C WILSON BLVD	ROCHESTER	NY	14627	STUDENT SERVICES	$941,564
APOGEE TELECOM INC
PO BOX 95541	GRAPEVINE	TX	760999703	TECHNOLOGY SERVICES	$898,324
EBSCO
PO BOX 204661	DALLAS	TX	753204661	TECHNOLOGY SERVICES	$813,077

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	60	CntrctRcvdGreaterThan100KCnt
Fundraising	$6,075	FundraisingAmt
Related Organizations	$297,613	RelatedOrganizationsAmt
Government Grants	$2,049,614	GovernmentGrantsAmt
All Other Contributions	$20,922,746	AllOtherContributionsAmt
Noncash Contributions	$1,707,456	NoncashContributionsAmt
Total Contributions	$23,276,048	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES	611710	$137,609,097	$137,609,097
ROOM AND BOARD	611710	$23,661,525	$23,661,525
INTERCOLLEGIATE ATHLETICS	611710	$4,510,087	$4,510,087
OTHER AUXILIARY	611710	$1,240,226	$1,240,226

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,938,341	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,938,341	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$169,959,276	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,050,759	TotalRevenueColumnAmt
Unrelated Business Revenue	-$1,470,072	UnrelatedBusinessRevenueAmt
Exclusion	$11,520,831	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$2,628,275	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$1,157,412	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,470,863	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,470,863	TotalRevenueColumnAmt
Related Or Exempt Func Income	$238,986	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$50,899	UnrelatedBusinessRevenueAmt
Exclusion	$1,282,776	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$92,306,824	SecuritiesAmt
Other	$148,756	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$88,953,719	SecuritiesAmt
Other	$172,524	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$3,353,105	SecuritiesAmt
Other	-$23,768	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,329,337	TotalRevenueColumnAmt
Exclusion	$3,329,337	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$111,454	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$6,075	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$61,265	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$50,189	TotalRevenueColumnAmt
Exclusion	$50,189	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$104,842	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$164,051	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$59,209	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$66,858	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$7,649	UnrelatedBusinessRevenueAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$208,077,263	TotalRevenueColumnAmt
Related Or Exempt Func Income	$170,131,404	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$1,513,322	UnrelatedBusinessRevenueAmt
Exclusion	$16,183,133	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$569,657	TotalAmt
Program Services	$569,657	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$66,684,500	TotalAmt
Program Services	$66,684,500	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,659,855	TotalAmt
Program Services	$1,271,184	ProgramServicesAmt
Management And General	$2,063,938	ManagementAndGeneralAmt
Fundraising	$324,733	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$65,435,882	TotalAmt
Program Services	$56,826,681	ProgramServicesAmt
Management And General	$5,928,370	ManagementAndGeneralAmt
Fundraising	$2,680,831	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$6,824,590	TotalAmt
Program Services	$5,793,975	ProgramServicesAmt
Management And General	$747,946	ManagementAndGeneralAmt
Fundraising	$282,669	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$13,452,670	TotalAmt
Program Services	$10,791,762	ProgramServicesAmt
Management And General	$2,275,120	ManagementAndGeneralAmt
Fundraising	$385,788	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$4,853,626	TotalAmt
Program Services	$4,076,857	ProgramServicesAmt
Management And General	$563,723	ManagementAndGeneralAmt
Fundraising	$213,046	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$436,302	TotalAmt
Management And General	$436,302	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$165,630	TotalAmt
Management And General	$165,630	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$5,090,439	TotalAmt
Management And General	$5,090,439	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$10,832,224	TotalAmt
Program Services	$8,015,364	ProgramServicesAmt
Management And General	$2,430,844	ManagementAndGeneralAmt
Fundraising	$386,016	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,001,029	TotalAmt
Program Services	$3,156,305	ProgramServicesAmt
Management And General	$717,778	ManagementAndGeneralAmt
Fundraising	$126,946	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$5,652,434	TotalAmt
Program Services	$4,170,797	ProgramServicesAmt
Management And General	$1,296,362	ManagementAndGeneralAmt
Fundraising	$185,275	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,156,815	TotalAmt
Program Services	$2,870,285	ProgramServicesAmt
Management And General	$276,957	ManagementAndGeneralAmt
Fundraising	$9,573	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$8,098,352	TotalAmt
Program Services	$7,763,798	ProgramServicesAmt
Management And General	$130,906	ManagementAndGeneralAmt
Fundraising	$203,648	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,830,069	TotalAmt
Program Services	$1,588,172	ProgramServicesAmt
Management And General	$174,316	ManagementAndGeneralAmt
Fundraising	$67,581	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,287,093	TotalAmt
Program Services	$3,032,906	ProgramServicesAmt
Management And General	$254,187	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$14,401,260	TotalAmt
Program Services	$13,186,624	ProgramServicesAmt
Management And General	$1,214,636	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$976,637	TotalAmt
Program Services	$888,828	ProgramServicesAmt
Management And General	$87,809	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
MEAL PLAN EXPENSE	$6,366,446	$6,366,446
LIBRARY RESOURCES	$1,471,625	$1,471,625
REPAIRS & MAINTENANCE	$643,382	$559,719	$83,663
GRANT EXPENSE	$508,911	$508,911

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,694,688	TotalAmt
Program Services	$2,843,022	ProgramServicesAmt
Management And General	$1,464,558	ManagementAndGeneralAmt
Fundraising	$387,108	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$233,094,116	TotalAmt
Program Services	$202,437,418	ProgramServicesAmt
Management And General	$25,403,484	ManagementAndGeneralAmt
Fundraising	$5,253,214	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$13,624,048	BOYAmt
EOY	$8,885,468	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$16,901,809	BOYAmt
EOY	$17,213,395	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$23,937,889	BOYAmt
EOY	$16,706,224	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,725,860	BOYAmt
EOY	$3,129,139	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$272,044	BOYAmt
EOY	$251,176	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,868,543	BOYAmt
EOY	$1,697,393	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$487,214,235	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$222,293,182	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$269,781,428	BOYAmt
EOY	$264,921,053	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$92,821,230	BOYAmt
EOY	$78,303,707	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$499,380,880	BOYAmt
EOY	$482,218,349	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$3,000,169	BOYAmt
EOY	$47,768	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$164,226,821	BOYAmt
EOY	$176,473,860	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,092,540,721	BOYAmt
EOY	$1,049,847,532	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$8,046,637	BOYAmt
EOY	$7,525,287	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$7,970,239	BOYAmt
EOY	$6,403,512	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$102,823,005	BOYAmt
EOY	$100,443,977	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$41,488	BOYAmt
EOY	$44,617	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,807,498	BOYAmt
EOY	$4,272,630	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$126,688,867	BOYAmt
EOY	$118,690,023	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	$356,011,213	BOYAmt
EOY	$342,796,265	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$609,840,641	BOYAmt
EOY	$588,361,244	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$965,851,854	BOYAmt
EOY	$931,157,509	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,092,540,721	BOYAmt
EOY	$1,049,847,532	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$25,016,853	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$9,592,052	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$85,440	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

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

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$63,073,720	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$28,009,766	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$24,479,236	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$26,194,545	CurrentTaxYearMinus1YearAmt
Current Tax Year	$23,276,048	CurrentTaxYearAmt
Total	$165,033,315	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$63,073,720	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$28,009,766	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$24,479,236	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$26,194,545	CurrentTaxYearMinus1YearAmt
Current Tax Year	$23,276,048	CurrentTaxYearAmt
Total	$165,033,315	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$56,245,056	SubstantialContributorsTotAmt
Public Support Total170	$108,788,259	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$10,710,160	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$11,843,285	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$15,778,991	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$13,052,566	CurrentTaxYearMinus1YearAmt
Current Tax Year	$11,613,577	CurrentTaxYearAmt
Total	$62,998,579	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$228,031,894	TotalSupportAmt
Gross Receipts Rltd Activities	$852,261,846	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.47710	PublicSupportCY170Pct
Public Support PY170	0.44580	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

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

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

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

Contributor US Address ContributorUSAddress

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

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

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Donor Advised Funds Held	7	DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri	$337,025	DonorAdvisedFundsContriAmt
Donor Advised Funds Grants	$372,308	DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY	$3,985,471	DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg Ctrl	Yes (1)	DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps	Yes (1)	DisclosedForCharitablePrpsInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

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

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

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$609,730,540	BeginningYearBalanceAmt
Contributions	$17,812,606	ContributionsAmt
Investment Earnings Or Losses	$67,449,504	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$11,618,256	GrantsOrScholarshipsAmt
Other Expenditures	$18,506,824	OtherExpendituresAmt
Administrative Expenses	$3,821,337	AdministrativeExpensesAmt
End Year Balance	$661,046,233	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$631,397,402	BeginningYearBalanceAmt
Contributions	$13,018,109	ContributionsAmt
Investment Earnings Or Losses	-$1,924,812	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,938,999	GrantsOrScholarshipsAmt
Other Expenditures	$19,646,598	OtherExpendituresAmt
Administrative Expenses	$3,174,562	AdministrativeExpensesAmt
End Year Balance	$609,730,540	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.16040	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.58670	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.25290	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	$35,717,412	OtherCostOrOtherBasisAmt
Book Value	$35,717,412	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$341,731,788	OtherCostOrOtherBasisAmt
Depreciation	$147,249,342	DepreciationAmt
Book Value	$194,482,446	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$79,079,321	OtherCostOrOtherBasisAmt
Depreciation	$53,719,847	DepreciationAmt
Book Value	$25,359,474	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$30,685,714	OtherCostOrOtherBasisAmt
Depreciation	$21,323,993	DepreciationAmt
Book Value	$9,361,721	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$264,921,053	TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$328,225	BookValueAmt
Method Valuation	F	MethodValuationCd

Other Securities OtherSecuritiesGrp (8 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
REAL ESTATE	$5,508,146	F
REAL ASSET FUNDS	$47,051,494	F
PRIVATE CAPITAL	$89,146,580	F
HEDGED STRATEGIES	$111,353,833	F
FIXED INCOME	$42,097,949	F
EQUITY SECURITIES	$181,659,985	F
REAL ESTATE	$1,111,328	C
PRIVATE CAPITAL	$3,960,809	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$482,218,349	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
EQUITY INTEREST IN HOLLINGSWORTH FUNDS	$169,326,291
FUNDS HELD IN TRUST BY OTHERS	$4,813,451
CSV LIFE INSURANCE	$2,027,078
DEPOSITS	$307,040

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$176,473,860	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
GOVERNMENT ADVANCES FOR STUDENT LOANS	$369,113
ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE	$1,168,780
ASSET RETIREMENT OBLIGATION	$1,447,054
INTEREST RATE SWAP AGREEMENT	$953,646
CAPITAL LEASE AGREEMENTS	$334,037

Field	Value	IRS element (for citing)
Total Liability	$4,272,630	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	THE UNIVERSITY HAS A COLLECTION OF DECORATIVE AND FINE ARTS MATERIALS THAT IS BOTH EXTENSIVE AND DIVERSE. COMPRISED OF OVER 2,600 ITEMS, MANY PIECES ARE DISPLAYED THROUGHOUT CAMPUS, WHILE OTHERS ARE PRESERVED. THE OBJECTS HAVE BEEN GENEROUSLY DONATED TO FURMAN. THEY CONNECT THE UNIVERSITY TO THE WIDER WORLD AND ARE GATEWAYS TO STUDYING MANY DIFFERENT TIME PERIODS, CULTURES AND DISCIPLINES. THE COLLECTION'S MAIN PURPOSES ARE PRESERVATION OF THE OBJECTS FOR FUTURE GENERATIONS, EDUCATIONAL OPPORTUNITIES AND EXHIBITS.
PART IV, LINE 2B:	AGENCY FUNDS ARE HELD TO PROVIDE BANKING ABILITY FOR SMALL STUDENT CLUBS. THE UNIVERSITY ALSO PROVIDES BANKING FOR PROFESSIONAL ORGANIZATIONS THAT ARE INDIRECTLY RELATED TO THE UNIVERSITY. EXAMPLE: SACUBO
PART V, LINE 4:	THE UNIVERSITY'S ENDOWMENT CONSISTS OF MORE THAN 1,000 SEPARATE FUNDS ESTABLISHED OVER MANY YEARS FOR SCHOLARSHIPS, PROFESSORSHIPS, LECTURESHIPS, ACADEMIC PROGRAMS AND AWARDS, BUILDING MAINTENANCE, AND GENERAL INSTITUTIONAL SUPPORT. THE OVERALL FINANCIAL OBJECTIVE OF THE ENDOWMENT IS TO PRESERVE AND ENHANCE THE REAL (INFLATION-ADJUSTED) PURCHASING POWER OF THE FUND IN PERPETUITY. THE BOARD OF TRUSTEES DESIGNATES ONLY A PORTION OF THE UNIVERSITY'S CUMULATIVE INVESTMENT RETURN FOR SUPPORT OF CURRENT OPERATIONS; THE REMAINDER IS RETAINED TO SUPPORT OPERATIONS OF FUTURE YEARS AND TO OFFSET POTENTIAL MARKET DECLINES. THE UNIVERSITY EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO MAINTAIN ITS PURCHASING POWER BY GROWING AT A RATE EQUAL TO OR GREATER THAN PLANNED PAYOUTS. ADDITIONAL REAL GROWTH WILL BE PROVIDED THROUGH NEW GIFTS AND ANY EXCESS INVESTMENT RETURNS. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE.
PART X, LINE 2:	THE UNIVERSITY'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE UNIVERSITY, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2020 AND 2019 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED.

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE E, PART I, LINE 3

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

SCHEDULE E, PART I, LINE 6

THE UNIVERSITY PARTICIPATES IN THE FEDERAL PELL GRANT PROGRAM, THE FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS PROGRAM, THE FEDERAL COLLEGE WORK STUDY PROGRAM, AND THE FEDERAL PERKINS LOAN 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

Account Activities Outside US AccountActivitiesOutsideUSGrp (25 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN	PROGRAM SERVICES	STUDY AWAY	$13,980
CENTRAL AMERICA AND THE CARIBBEAN	INVESTMENTS		$104,882,349
CENTRAL AMERICA AND THE CARIBBEAN	PROGRAM SERVICES	STUDENT RECRUITING	$10,745
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	STUDY AWAY	$456,844
EAST ASIA AND THE PACIFIC	INVESTMENTS		$4,710,300
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	STUDENT RECRUITING	$21,483
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	LAB SUPPLIES	$1,919
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	STUDENT REFUND	$24,206
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	PROFESSIONAL SERVICES	$360
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	STUDY AWAY	$2,835,008
EUROPE (INCLUDING ICELAND & GREENLAND)	INVESTMENTS		$19,658,643
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	STUDENT RECRUITING	$10,742
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	PROFESSIONAL SERVICES	$1,799
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	SUPPLIES	$375
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	TRAVEL	$10,175
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	LIBRARY RESOURCES	$5,175
EUROPE (INCLUDING ICELAND & GREENLAND)	PROGRAM SERVICES	INSTRUCTION	$1,505
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	STUDY AWAY	$160,338
NORTH AMERICA	PROGRAM SERVICES	STUDENT RECRUITING	$16,114
SOUTH AMERICA	PROGRAM SERVICES	STUDY AWAY	$194,733
SOUTH AMERICA	PROGRAM SERVICES	PROFESSIONAL SERVICES	$2,000
SOUTH ASIA	PROGRAM SERVICES	STUDY AWAY	$231,105
SOUTH ASIA	PROGRAM SERVICES	STUDENT RECRUITING	$5,371
SUB-SAHARAN AFRICA	PROGRAM SERVICES	STUDY AWAY	$2,309
SUB-SAHARAN AFRICA	PROGRAM SERVICES	PHOTOGRAPHY SERVICES	$700

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	$110,121,826	SubtotalSpentAmt
Continuation Spent	$23,136,452	ContinuationSpentAmt
Total Spent	$133,258,278	TotalSpentAmt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

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

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	MBB GOLF	Event1Nm
Gross Receipts Event1	$41,975	GrossReceiptsEvent1Amt
Charitable Contri Event1	$4,075	CharitableContriEvent1Amt
Gross Revenue Event1	$37,900	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$4,198	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$5,785	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$3,101	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$1,679	OtherDirectExpensesEvent1Amt
Event2	RWB RUN	Event2Nm
Gross Receipts Event2	$36,649	GrossReceiptsEvent2Amt
Gross Revenue Event2	$36,649	GrossRevenueEvent2Amt
Non Cash Prizes Event2	$12,325	NonCashPrizesEvent2Amt
Rent Facility Costs Event2	$2,721	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$439	FoodAndBeverageEvent2Amt
Other Direct Expenses Event2	$11,424	OtherDirectExpensesEvent2Amt
Other Events Total	2	OtherEventsTotalCnt
Gross Receipts Other Events	$38,905	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$2,000	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$36,905	GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events	$3,058	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$9,199	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$6,852	FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events	$484	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$117,529	GrossReceiptsTotalAmt
Charitable Contributions Tot	$6,075	CharitableContributionsTotAmt
Gross Revenue Total Events	$111,454	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$19,581	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$17,705	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$10,392	FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events	$13,587	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$61,265	DirectExpenseSummaryEventsAmt
Net Income Summary	$50,189	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (11 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
CLEMSON UNIVERSITY FOUNDATION
PO BOX 1889	CLEMSON	SC	29633	570426335	501(C)(3)	$5,000	SPONSORSHIP
EMPIRE MOCK TRIAL
515 ROUTE 33	MILLSTONE	NJ	08535	260150254	501(C)(3)	$15,000	SPONSORSHIP
FALL FOR GREENVILLE
PO BOX 2207	GREENVILLE	SC	29602	570876594	501(C)(3)	$7,500	SPONSORSHIP
GREENVILLE ARENA DISTRICT
650 N ACADEMY STREET	GREENVILLE	SC	29601	576007739	GOV	$75,000	SPONSORSHIP
GREENVILLE CHAMBER OF COMMERCE
24 CLEVELAND STREET	GREENVILLE	SC	29601	570173240	501(C)(6)	$16,100	SPONSORSHIP
M JUDSON BOOKSELLERS
130 S MAIN STREET	GREENVILLE	SC	29601	471792713		$50,000	SPONSORSHIP
OUR UPSTATE SC
150 EXECUTIVE CENTER DR STE 202	GREENVILLE	SC	29615	451842000	501(C)(3)	$10,000	SPONSORSHIP
THE GREENVILLE DRIVE LLC
945 S MAIN STREET	GREENVILLE	SC	29601	043672609		$75,000	SPONSORSHIP
UPCOUNTRY HISTORY MUSEUM
340 BUNCOMBE STREET	GREENVILLE	SC	29601	570833796	501(C)(3)	$162,500	OPERATING SUPPORT
VENTURE CAROLINA
225 S PLEASANTBURG DR STE C-15	GREENVILLE	SC	29607	464531249	501(C)(3)	$25,000	SPONSORSHIP
VENTURESOUTH CAPITAL LLC
225 S PLEASANTBURG DR STE C-15	GREENVILLE	SC	29607	810946559		$15,000	SPONSORSHIP

Field	Value	IRS element (for citing)
Total501c3 Org	7	Total501c3OrgCnt
Total Other Org	4	TotalOtherOrgCnt

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

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
UNDERGRAD SCHOLARSHIPS	2194	$52,882,562
ATHLETIC SCHOLARSHIPS	299	$12,727,993
GRADUATE SCHOLARSHIPS	11	$26,020
FELLOWSHIPS AND INTERNSHIPS	386	$962,925
GRADUATE STIPENDS	8	$85,000

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	FURMAN PROVIDES SCHOLARSHIPS AND FINANCIAL AID TO INDIVIDUALS IN THE UNITED STATES TO ATTEND THE UNIVERSITY. THE SCHOLARSHIPS AND AID FOR SUCH STUDENTS ARE AWARDED BASED ON NEED AND MERIT AND COVER THE COSTS OF TUITION, ROOM AND BOARD. THE SCHOLARSHIP AND/OR FINANCIAL AID IS AWARDED BASED ON INSTITUTIONAL POLICY AND STANDARDS SET FORTH BY THE DEPARTMENT OF EDUCATION AND THE STATE OF SOUTH CAROLINA. THE UNIVERSITY'S FINANCIAL AID DEPARTMENT MONITORS THE COMPLIANCE WITH SUCH REGULATIONS. THE SCHOLARSHIP AND/OR FINANCIAL AID IS APPLIED BY THE FINANCIAL AID DEPARTMENT DIRECTLY AGAINST THE STUDENT'S ACCOUNT WITH THE UNIVERSITY AS A REDUCTION IN FEES. AS A RESULT, THE GRANT CAN ONLY BE USED FOR ITS INTENDED PURPOSE (I.E. COST OF ATTENDANCE) AND CANNOT BE DIVERTED FROM THIS USE. OTHER TYPES OF GRANTS PROVIDED CONSIST OF RESEARCH, INTERNSHIP OR FELLOWSHIP GRANTS TO STUDENTS. SUCH GRANTS ARE GIVEN AND MONITORED BY THE ACADEMIC DEPARTMENT GIVING THE GRANT OR THE UNDERGRADUATE RESEARCH AND INTERNSHIP DEPARTMENT. SPONSORSHIPS PAID TO ORGANIZATIONS ARE MADE UNDER WRITTEN AGREEMENTS BETWEEN THE PARTIES AND SUPPORT COMMUNITY EVENTS AND PROVIDE A PRESENCE FOR FURMAN IN THE AREA. COMMUNITY ENGAGEMENT IS A SIGNIFICANT ASPECT OF THE FURMAN ADVANTAGE. THESE SPONSORSHIPS WITH GREENVILLE BUSINESSES THEREFORE SERVE TO ADVANCE THE FURMAN ADVANTAGE FOR OUR STUDENTS AND THE COMMUNITY.	ExplanationTxt

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DR ELIZABETH DAVIS
PRESIDENT	$491,520	$0	$0	$0	$45,320	$0	$35,000	$0	$32,705	$0	$604,545	$0	$0	$0
SUSAN MADDUX
VP FINANCE & ADMINISTRATION	$230,438	$0	$0	$0	$32,252	$0	$34,167	$0	$15,369	$0	$312,226	$0	$0	$0
KENNETH PETERSON
VP FOR AA & PROVOST BEG 8/1/19	$173,501	$0	$0	$0	$45,049	$0	$28,163	$0	$18,926	$0	$265,639	$0	$0	$0
MICHAEL HENDRICKS
VP ENROLLMENT MGMT	$237,792	$0	$0	$0	$45,326	$0	$35,000	$0	$35,607	$0	$353,725	$0	$0	$0
DAVID P STEINOUR
CHIEF INFORMATION OFFICER	$249,187	$0	$0	$0	$27,602	$0	$34,476	$0	$6,598	$0	$317,863	$0	$0	$0
THOMAS E EVELYN II
VP COMMUNICATION	$219,204	$0	$0	$0	$17,404	$0	$30,692	$0	$35,849	$0	$303,149	$0	$0	$0
CONNIE L CARSON
VP STUDENT LIFE	$201,550	$0	$0	$0	$1,122	$0	$25,500	$0	$11,408	$0	$239,580	$0	$0	$0
HEIDI MCCRORY
VP DEVELOPMENT	$235,308	$0	$0	$0	$8,758	$0	$31,563	$0	$34,473	$0	$310,102	$0	$0	$0
GEORGE SHIELDS
VP OF AA & PROVOST THRU 8/1/2019	$209,775	$0	$0	$0	$26,987	$0	$30,997	$0	$26,627	$0	$294,386	$0	$0	$0
KRISTOPHER N KAPOOR
CHIEF INVESTMENT OFFICER	$163,061	$0	$51,919	$0	$40,109	$0	$26,104	$0	$19,453	$0	$300,646	$0	$0	$0
JEFF REDDERSON
AVP FACILITIES	$136,725	$0	$0	$0	$30,410	$0	$21,758	$0	$15,485	$0	$204,378	$0	$0	$0
CLAYTON HENDRIX
HEAD COACH FOOTBALL	$242,477	$0	$0	$0	$39,717	$0	$33,992	$0	$18,253	$0	$334,439	$0	$0	$0
ROBERT RICHEY
MEN'S BASKETBALL COACH	$241,926	$0	$3,000	$0	$35,280	$0	$33,288	$0	$18,102	$0	$331,596	$0	$0	$0
DONALD GORDAN
EXECUTIVE DIRECTOR RILEY INSTITUTE	$167,637	$0	$0	$0	$12,911	$0	$22,648	$0	$11,523	$0	$214,719	$0	$0	$0
RICHARD MEADE
MEN'S LACROSSE COACH	$235,885	$0	$0	$0	$26,153	$0	$30,997	$0	$1,429	$0	$294,464	$0	$0	$0
AMY BLACKWELL
AVP FINANCE	$165,374	$0	$2,500	$0	$1,659	$0	$21,801	$0	$17,023	$0	$208,357	$0	$0	$0
MICHAEL BUDDIE
FORMER OFFICER (ATHLETIC DIR.)	$146,014	$0	$0	$0	$3,660	$0	$16,124	$0	$9,309	$0	$175,107	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 1A

A COMPANION HAS TRAVELED WITH BOTH THE PRESIDENT, ELIZABETH DAVIS, AND THE MEN'S BASKETBALL COACH, ROBERT RICHEY. TO THE EXTENT THE TRAVEL WAS PERSONAL IN NATURE SUCH AMOUNTS WERE INCLUDED IN TAXABLE INCOME. THE PRESIDENT OF THE UNIVERSITY AND HER FAMILY RESIDE AT WHITE OAKS WHICH IS THE OFFICIAL RESIDENCE OF THE PRESIDENT. THE PRESIDENT IS REQUIRED TO LIVE AT WHITE OAKS AS A CONDITION TO HER EMPLOYMENT. THE RESIDENCE IS OWNED AND MAINTAINED BY THE UNIVERSITY. CLEANING, MAINTENANCE, AND GROUNDSKEEPING SERVICES ARE PROVIDED BY THE UNIVERSITY FOR THE PUBLIC AREAS OF THE RESIDENCE ONLY. THE PRESIDENT HOSTS UNIVERSITY EVENTS AT WHITE OAKS AS WELL. ELIZABETH DAVIS WAS PROVIDED WITH A CLUB MEMBERSHIP. TO THE EXTENT THE DUES WERE CONSIDERED PERSONAL, THE AMOUNTS WERE INCLUDED IN TAXABLE INCOME OR REIMBURSED TO THE UNIVERSITY. OTHERWISE, THE DUES ALLOW HER TO MEET WITH DONORS AND OTHER SUPPORTERS OF THE UNIVERSITY AT THE CLUB. FURMAN POLICY GOVERNS THE NATURE AND TYPE OF ALLOWABLE EXPENDITURES AND PAYMENTS, INCLUDING REQUIREMENTS TO PROVIDE SUPPORTING DOCUMENTATION DETAILING THE TRANSACTION AND BUSINESS PURPOSE OF ANY APPROVED EXPENDITURE.

PART I, LINE 7

FURMAN UNIVERSITY MADE NON-FIXED BONUS PAYMENTS TO KRISTOPHER KAPOOR, ROBERT RICHEY, AND AMY BLACKWELL. THE PAYMENTS WERE FOR MERIT AND NOT CONTINGENT ON THE REVENUES OR NET EARNINGS OF THE UNIVERSITY OR ANY RELATED ORGANIZATION.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
EFA FOR PRIVATE NON-PROFIT
A	576000286	836896GE4	2006-07-06	$46,660,000	REFUNDING AND CAPITAL	0	0	0
EFA FOR PRIVATE NON-PROFIT
B	576000286	836896JA9	2010-03-18	$21,867,529	REFUNDING AND CAPITAL	0	0	0
SC JOBS - ECONOMIC DEV AUTHORITY
C	570960018	837031ULS	2015-08-13	$68,432,003	REFUNDING AND CAPITAL	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$17,370,000	$46,660,000	$386,655	$10,003,417	$36,269,928	2008	Yes (1)	0	Yes (1)	Yes (1)
B	$14,030,000	$21,867,529	$388,902	$1,000,000	$20,478,628	2012	Yes (1)	Yes (1)	Yes (1)	Yes (1)
C	$1,525,000	$68,432,003	$659,117	$25,001,055	$42,771,831	2017	0	Yes (1)	Yes (1)	Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

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

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Term Of GICTermOfGICPct	Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd
WELLS FARGO
A	Yes (1)	Yes (1)	Yes (1)	20.000000000000	0	0	Yes (1)	TRINITY PLUS	1.000000000000	Yes (1)	0	Yes (1)
(no name)
B	0	0	0				0				0	Yes (1)	0	0	Yes (1)
(no name)
C	0	0	0				0				0	Yes (1)	0	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

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

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	DATE REBATE COMPUTATION PERFORMED	FormAndLineReferenceDesc
Explanation	ISSUER NAME: EFA FOR PRIVATE NON-PROFIT DATE THE REBATE COMPUTATION WAS PERFORMED: 01/14/2013 ISSUER NAME: SC JOBS - ECONOMIC DEV. AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/20/2018	ExplanationTxt

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Relationship With Org	N/A	RelationshipWithOrgTxt
Cash Grant	$343,628	CashGrantAmt
Type Of Assistance	SCHOLARSHIPS	TypeOfAssistanceTxt
Assistance Purpose	MERIT	AssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
CHARLES DAVIS
SPOUSE OF OFFICER	$10,700	SALARY	0
COURTNEY TOLLISON
SPOUSE OF TRUSTEE	$44,467	SALARY	0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE L, PART V - ADDITIONAL INFORMATION	FormAndLineReferenceDesc
Explanation	COURTNEY TOLLISON, SPOUSE OF UNIVERSITY TRUSTEE SEAN HARTNESS, WAS PAID WAGES FOR HER EMPLOYMENT WITH THE FILING ORGANIZATION. CHARLES DAVIS, SPOUSE OF UNIVERSITY PRESIDENT ELIZABETH DAVIS, WAS PAID WAGES FOR HIS EMPLOYMENT WITH THE FILING ORGANIZATION. THESE WAGES ARE DETERMINED AT ARMS LENGTH.	ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	58	ContributionCnt
Noncash Contributions Rpt F990	$1,678,077	NoncashContributionsRptF990Amt
Method Of Determining Revenues	MARKET VALUE	MethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	8	ContributionCnt
Noncash Contributions Rpt F990	$19,353	NoncashContributionsRptF990Amt
Method Of Determining Revenues	COST	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	SUPPLIES	3	$6,025	COST
Yes (X)	OFFICE FURNITURE	2	$4,001	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 (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4	FURMAN UNIVERSITY BYLAWS WERE AMENDED AND RESTATED ON OCTOBER 26, 2019. THE BYLAW REVISIONS RELATED TO THE BOARD OF TRUSTEES ELECTION PROCESS AND PROCEDURES. THE REVISIONS ALIGN THE BYLAWS WITH THE BOARD'S CURRENT PRACTICES AROUND CULTIVATING PROSPECTIVE TRUSTEESHIP NOMINEES.
FORM 990, PART VI, SECTION B, LINE 11B	THE UNIVERSITY'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWED THE PREPARED FORM 990 PRIOR TO FILING WITH THE IRS. SPECIFIC ISSUES AND/OR QUESTIONS THAT AROSE DURING THE REVIEW PROCESS WERE ADDRESSED. THE PUBLIC DISCLOSURE COPY OF FORM 990 WAS PROVIDED TO THE REMAINING VOTING MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY FOR THE BOARD OF TRUSTEES IS INCLUDED IN SECTION 9 OF THE FURMAN UNIVERSITY BY-LAWS. EACH MEMBER OF THE BOARD OF TRUSTEES IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM AT THE FIRST MEETING OF EACH ACADEMIC YEAR. EACH TRUSTEE SHALL DISCLOSE TO THE BOARD CHAIR ANY ADDITIONAL POTENTIAL CONFLICTS OF INTEREST AT THE EARLIEST PRACTICAL TIME. ADDITIONALLY, THE UNIVERSITY HAS A CONFLICT OF INTEREST POLICY FOR EMPLOYEES WITH EXECUTIVE OR ADMINISTRATIVE RESPONSIBILITIES AS THE UNIVERSITY RECOGNIZES THAT SUCH EMPLOYEES HAVE A DUTY OF LOYALTY AND FIDELITY IN CARRYING OUT THEIR RESPONSIBILITIES. THIS POLICY APPLIES TO THOSE EMPLOYEES DESIGNATED BY THE PRESIDENT AS HAVING EXECUTIVE OR ADMINISTRATIVE RESPONSIBILITIES. EACH SUCH EMPLOYEE IS REQUIRED, AT LEAST ANNUALLY, TO COMPLETE THE QUESTIONNAIRE. THIS QUESTIONNAIRE REQUIRES DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST AND IS ADMINISTERED BY THE HUMAN RESOURCES DEPARTMENT.
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT IS DETERMINED AND APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE PRESIDENT'S EMPLOYMENT IS GUIDED BY A WRITTEN EMPLOYMENT CONTRACT SIGNED BY BOTH PARTIES. EXECUTIVE COMMITTEE MEETINGS ARE DOCUMENTED. FOR OTHER OFFICERS OF THE UNIVERSITY, A COMPENSATION COMPARABILITY STUDY IS DONE DURING THE SEARCH PROCESS. SUBSEQUENT YEARS' SALARY INCREASES ARE BASED ON THE UNIVERSITY'S STANDARD COMPENSATION ADJUSTMENT POOL FOR THE FISCAL YEAR AS APPROVED BY THE BOARD OF TRUSTEES DURING THE ANNUAL BUDGET PROCESS.
FORM 990, PART VI, SECTION C, LINE 19	FURMAN UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. ADDITIONALLY, THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS CAN BE FOUND ON THE FURMAN WEBSITE.
FORM 990, PART XI, LINE 9:	CHANGE IN INTEREST RATE EXCHANGE AGREEMENT -96,226. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -126,703. CHANGE IN CSV LIFE INSURANCE 137,489.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

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

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Direct Controlling NADirectControllingNACd	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER UNITRUSTS (9)
SPLIT INTEREST	SC	N/A	T	0
CHARITABLE REMAINDER ANNUITY TRUST
SPLIT INTEREST	SC	N/A	T	0

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

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE R, PART II	FormAndLineReferenceDesc
Explanation	HOLLINGSWORTH FUNDS, INC. IS A TAX EXEMPT SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE WHOSE PURPOSE IS TO SUPPORT FURMAN UNIVERSITY AND OTHER GREENVILLE, SC BASED CHARITIES. FOR THE YEAR ENDED JUNE 30, 2020, INCOME DISTRIBUTIONS FROM THE HOLLINGSWORTH FUNDS, WHICH ARE REPORTED AS INVESTMENT RETURNS, WERE $3,895,459, AND PROVIDED FUNDING FOR THE HOLLINGSWORTH SCHOLARS PROGRAM, TWO ENDOWED PROFESSORSHIPS IN THE DEPARTMENTS OF ECONOMICS AND BUSINESS AND ACCOUNTING, AND SPECIFIC NEEDS OF THOSE TWO DEPARTMENTS. FURMAN UNIVERSITY FOUNDATION (FUF) OPERATES AS A NONPROFIT PUBLIC BENEFIT CORPORATION TO SERVE THE NEEDS AND INTERESTS OF FURMAN UNIVERSITY.	ExplanationTxt