FURMAN UNIVERSITY: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: FURMAN UNIVERSITY (EIN 57-0314395)
Tax period: 2017-07-01 to 2018-06-30
Filed: 2019-05-14
IRS object ID: 201941349349306029
Schema version: 2017v2.3
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	2019-05-14T14:01:23-05:00	ReturnTs
Tax Period End	2018-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3300 POINSETT HWY	AddressLine1Txt
City	GREENVILLE	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	296130002	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-07-01	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	DR ELIZABETH DAVIS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	8642943496	PhoneNum
Signature	2019-05-14	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	AMANDA ADAMS CPA	PreparerPersonNm
PTIN	P00748038	PTIN
Phone	8642942239	PhoneNum
Preparation	2019-05-14	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	156.143.240.137	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-05-14	IPDt
IP Tm	14:01:23	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	676A26D37FE8FA43D3C56DFE30191095907154F9	AtSubmissionCreationDeviceId
At Submission Filing Device Id	EE29CCCB4560626579CC1A1FB19DC6D638B13F5C	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	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 HWY	AddressLine1Txt
City	GREENVILLE	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29613	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$287,372,761	GrossReceiptsAmt
Group Return For Affiliates	false	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 A DISTINCTIVE UNDERGRADUATE AND GRADUATE EDUCATION THAT EMPHASIZES AN ENGAGED APPROACH TO LIBERAL LEARNING, COMBINING CLASSROOM LEARNING WITH REAL WORLD EXPERIENCES AND SELF-DISCOVERY.	ActivityOrMissionDesc
Voting Members Governing Body	36	VotingMembersGoverningBodyCnt
Voting Members Independent	35	VotingMembersIndependentCnt
Total Employee	2656	TotalEmployeeCnt
Total Volunteers	75	TotalVolunteersCnt
Total Gross UBI	$6,445	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$737,016	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$28,009,766	PYContributionsGrantsAmt
CY Contributions Grants	$24,479,236	CYContributionsGrantsAmt
PY Program Service Revenue	$169,758,873	PYProgramServiceRevenueAmt
CY Program Service Revenue	$171,747,406	CYProgramServiceRevenueAmt
PY Investment Income	$36,867,364	PYInvestmentIncomeAmt
CY Investment Income	$36,138,541	CYInvestmentIncomeAmt
PY Other Revenue	$1,626,971	PYOtherRevenueAmt
CY Other Revenue	$2,678,609	CYOtherRevenueAmt
PY Total Revenue	$236,262,974	PYTotalRevenueAmt
CY Total Revenue	$235,043,792	CYTotalRevenueAmt
PY Grants And Similar Paid	$70,593,428	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$71,384,546	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$84,335,339	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$89,877,273	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$4,352,615	CYTotalFundraisingExpenseAmt
PY Other Expenses	$66,256,455	PYOtherExpensesAmt
CY Other Expenses	$69,257,682	CYOtherExpensesAmt
PY Total Expenses	$221,185,222	PYTotalExpensesAmt
CY Total Expenses	$230,519,501	CYTotalExpensesAmt
PY Revenues Less Expenses	$15,077,752	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$4,524,291	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,096,264,568	TotalAssetsBOYAmt
Total Assets EOY	$1,117,274,760	TotalAssetsEOYAmt
Total Liabilities BOY	$150,418,221	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$138,582,015	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$945,846,347	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$978,692,745	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	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$140,115,179	ExpenseAmt
Grant	$70,460,250	GrantAmt
Revenue	$134,622,005	RevenueAmt
Desc	INSTRUCTION OF APPROXIMATELY 3,000 STUDENTS IN UNDERGRADUATE AND GRADUATE PROGRAMS. THE UNIVERSITY OFFERS STUDY AWAY PROGRAMS IN MORE THAN 20 COUNTRIES, MOST OF WHICH ARE LED BY FURMAN FACULTY. SCHOLARSHIPS ARE AWARDED TO ELIGIBLE STUDENTS BASED ON FINANCIAL NEED AND ACADEMIC MERIT. APPROXIMATELY 2,975 STUDENTS RECEIVED SCHOLARSHIPS FROM THE UNIVERSITY DURING THE YEAR.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$29,227,759	ExpenseAmt
Revenue	$3,747,403	RevenueAmt
Desc	INTERCOLLEGIATE ATHLETICS CONSISTS OF 20 SPORTS FOR MEN AND WOMEN. INTRAMURAL AND CLUB SPORTS ARE OFFERED AS WELL AS OPPORTUNITIES TO BE INVOLVED IN STUDENT GOVERNMENT, SERVICE PROJECTS, STUDENT MEDIA OUTLETS AND OVER 140 DIFFERENT STUDENT ORGANIZATIONS. STUDENT LIFE PROGRAMS INCLUDE CAREER SERVICES, A COUNSELING CENTER, STUDENT HEALTH, RELIGIOUS LIFE, DIVERSITY AND INCLUSION, RESIDENTIAL LIFE, THE TRONE STUDENT CENTER AND STUDENT ACTIVITIES.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$22,003,751	ExpenseAmt
Revenue	$29,864,478	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, GOLF COURSE, SPORTS ARENA AND CONFERENCE CENTER.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$895,182	ExpenseAmt
Grant	$614,846	GrantAmt
Revenue	$4,164,414	RevenueAmt
Desc	THE UNIVERSITY GENERATED COMMISSION INCOME FROM VARIOUS ON-CAMPUS SERVICE PROVIDERS INCLUDING FOOD SERVICES, THE BOOKSTORE, AND OTHER SERVICES AND EVENTS. THE UNIVERSITY INCURRED EXPENSES IN HOSTING OUTDOOR CONCERTS THAT ARE OPEN TO THE COMMUNITY AND PROVIDING GRANTS TO LOCAL AND DOMESTIC ORGANIZATIONS.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$895,182	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$614,846	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$4,164,414	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$192,241,871	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	Yes (true)	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	Yes (true)	CreditCounselingInd
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	Yes (true)	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	482	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	2656	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
DAF Excess Business Holdings	false	DAFExcessBusinessHoldingsInd
Taxable Distributions	false	TaxableDistributionsInd
Distribution To Donor	false	DistributionToDonorInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	36	GoverningBodyVotingMembersCnt
Independent Voting Member	35	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (true)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
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 (53 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
MICHAEL RIORDAN
CHAIR	2.00	Yes (X)	$0	$0	$0
A ALEXANDER TAYLOR
VICE CHAIR	2.00	Yes (X)	$0	$0	$0
FRANCIE M HELLER
SECRETARY	2.00	Yes (X)	$0	$0	$0
JOHN DONALD ANDERSON
TRUSTEE	2.00	Yes (X)	$0	$0	$0
ROBERT L BLOCKER
TRUSTEE	2.00	Yes (X)	$0	$0	$0
ANN P BRYAN
TRUSTEE	2.00	Yes (X)	$0	$0	$0
KEVIN R BRYANT
TRUSTEE	2.00	Yes (X)	$0	$0	$0
KEVIN T BYRNE
TRUSTEE	2.00	Yes (X)	$0	$0	$0
RICHARD CULLEN
TRUSTEE	2.00	Yes (X)	$0	$0	$0
LEE C DILWORTH
TRUSTEE	2.00	Yes (X)	$0	$0	$0
W RANDY EADDY
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DAVID G ELLISON
TRUSTEE	2.00	Yes (X)	$0	$0	$0
P EDWIN GOOD
TRUSTEE	2.00	Yes (X)	$0	$0	$0
SEAN P HARTNESS
TRUSTEE	2.00	Yes (X)	$0	$0	$0	1.00
GORDON R HERRING
TRUSTEE	2.00	Yes (X)	$0	$0	$0
ROBERT E HILL JR
TRUSTEE	2.00	Yes (X)	$0	$0	$0
YENDELELA NEELY HOLSTON
TRUSTEE	2.00	Yes (X)	$0	$0	$0
STANFORD J JENNINGS
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CARL F KOHRT
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JAMES A LANIER JR
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JAMES C MABRY IV
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JAMES M NEY
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JASON W RICHARDS
TRUSTEE	2.00	Yes (X)	$0	$0	$0
LEIGHAN ROBERTS RINKER
TRUSTEE	2.00	Yes (X)	$0	$0	$0
R TODD RUPPERT
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DANIEL S SANDERS
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DANIEL S SANDERS JR
TRUSTEE	2.00	Yes (X)	$0	$0	$0
SUSAN T SHI
TRUSTEE	2.00	Yes (X)	$0	$0	$0
PEACE STERLING SULLIVAN
TRUSTEE	2.00	Yes (X)	$0	$0	$0
RACHELLE H THOMPSON
TRUSTEE	2.00	Yes (X)	$0	$0	$0
WILLIAM R TIMMONS III
TRUSTEE	2.00	Yes (X)	$0	$0	$0	1.00
WILLIAM BYRD TRAXLER JR
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DAVID J TRONE
TRUSTEE	2.00	Yes (X)	$0	$0	$0
RICHARD N WRENN JR
TRUSTEE	2.00	Yes (X)	$0	$0	$0
BAXTER M WYNN
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JOHN C YATES
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DR ELIZABETH DAVIS
PRESIDENT	40.00		$504,752	$0	$63,555		Yes (X)
DAVID P STEINOUR
VP FOR IT	40.00		$283,921	$0	$42,964		Yes (X)
GEORGE C SHIELDS
VP FOR AA &	40.00		$268,560	$0	$54,341		Yes (X)
MICHAEL HENDRICKS
VP ENROLLMEN	40.00		$261,427	$0	$61,991		Yes (X)
MARY LOU MERKT
VP FINANCE	40.00		$261,325	$0	$40,538	1.00	Yes (X)
MICHAEL J BUDDIE
ATHLETICS DI	40.00		$244,565	$0	$45,782		Yes (X)
THOMAS E EVELYN II
VP COMMUNICA	40.00		$232,034	$0	$57,554		Yes (X)
MICHAEL D GATCHELL
VP DEVELOPME	40.00		$200,162	$0	$41,053		Yes (X)
CONNIE L CARSON
VP STUDENT L	40.00		$185,073	$0	$32,248		Yes (X)
KENNETH PETERSON
DEAN OF FACU	40.00		$170,182	$0	$51,454		Yes (X)
KRISTOPHER N KAPOOR
INVESTMENT O	40.00		$232,353	$0	$42,408			Yes (X)
JEFF REDDERSON
AVP FACILITI	40.00		$156,758	$0	$34,233			Yes (X)
CLAYTON HENDRIX
HEAD COACH F	40.00		$277,484	$0	$46,549				Yes (X)
RICHARD FRANCIS MEADE
HEAD COACH L	40.00		$248,471	$0	$32,056				Yes (X)
BRUCE A FOWLER
HEAD FOOTBAL	40.00		$245,435	$0	$0				Yes (X)
WILLIAM JAMES PIERCE
PROFESSOR	40.00		$195,544	$0	$31,922				Yes (X)
LON B KNIGHT
PROFESSOR	40.00		$179,321	$0	$42,767				Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,147,367	TotalReportableCompFromOrgAmt
Total Other Compensation	$721,415	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	119	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
TRIANGLE CONSTRUCTION COMPANY
PO BOX 6266 STATION B	GREENVILLE	SC	29606	CONSTRUCTION	$9,870,560
COMPASS GROUP USA
PO BOX 91337	CHICAGO	IL	606931337	DINING CATERING	$9,175,042
WALDROP HEATING & AIR CONDITIONING
PO BOX 369	REIDVILLE	SC	29375	CONSTRUCTION	$1,538,020
POWERSECURE INC
1609 HERITAGE COMMERCE CT	WAKE FOREST	NC	27587	CONSTRUCTION	$1,396,285
AUDIO SOLUTIONS INC
PO BOX 6073	GREENVILLE	SC	29606	CONSTRUCTION	$893,550

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	52	CntrctRcvdGreaterThan100KCnt
Fundraising	$49,779	FundraisingAmt
Related Organizations	$139,022	RelatedOrganizationsAmt
Government Grants	$2,417,216	GovernmentGrantsAmt
All Other Contributions	$21,873,219	AllOtherContributionsAmt
Noncash Contributions	$1,640,966	NoncashContributionsAmt
Total Contributions	$24,479,236	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES	611710	$134,622,005	$134,622,005
AUXILIARY SALES	611710	$29,864,478	$29,864,478
INTERCOLLEGIATE ATHLETICS	611710	$3,747,403	$3,747,403
OTHER INCOME	611600	$2,652,128	$2,652,128
COMMISSION INCOME	611710	$861,392	$861,392

Field	Value	IRS element (for citing)
Total Program Service Revenue	$171,747,406	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,094,345	TotalRevenueColumnAmt
Unrelated Business Revenue	-$508,077	UnrelatedBusinessRevenueAmt
Exclusion	$13,602,422	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$45,793	TotalRevenueColumnAmt
Exclusion	$45,793	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$3,249,227	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$865,560	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$2,383,667	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,383,667	TotalRevenueColumnAmt
Related Or Exempt Func Income	$527,634	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$507,891	UnrelatedBusinessRevenueAmt
Exclusion	$1,348,142	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$74,165,806	SecuritiesAmt
Other	$55,808	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$51,077,457	SecuritiesAmt
Other	$99,961	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$23,088,349	SecuritiesAmt
Other	-$44,153	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$23,044,196	TotalRevenueColumnAmt
Exclusion	$23,044,196	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$208,876	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$49,779	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$89,618	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$119,258	TotalRevenueColumnAmt
Exclusion	$119,258	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$326,264	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$196,373	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$129,891	TotalRevenueColumnAmt
Related Or Exempt Func Income	$123,260	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$6,631	UnrelatedBusinessRevenueAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$235,043,792	TotalRevenueColumnAmt
Related Or Exempt Func Income	$172,398,300	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$6,445	UnrelatedBusinessRevenueAmt
Exclusion	$38,159,811	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$614,846	TotalAmt
Program Services	$614,846	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$70,769,700	TotalAmt
Program Services	$70,769,700	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,612,000	TotalAmt
Program Services	$1,129,807	ProgramServicesAmt
Management And General	$1,282,031	ManagementAndGeneralAmt
Fundraising	$200,162	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$62,909,305	TotalAmt
Program Services	$50,614,035	ProgramServicesAmt
Management And General	$10,028,694	ManagementAndGeneralAmt
Fundraising	$2,266,576	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$6,413,052	TotalAmt
Program Services	$4,993,856	ProgramServicesAmt
Management And General	$1,177,443	ManagementAndGeneralAmt
Fundraising	$241,753	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$13,388,798	TotalAmt
Program Services	$9,371,946	ProgramServicesAmt
Management And General	$3,702,564	ManagementAndGeneralAmt
Fundraising	$314,288	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$4,554,118	TotalAmt
Program Services	$3,609,033	ProgramServicesAmt
Management And General	$776,102	ManagementAndGeneralAmt
Fundraising	$168,983	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$130,449	TotalAmt
Program Services	$39,481	ProgramServicesAmt
Management And General	$87,583	ManagementAndGeneralAmt
Fundraising	$3,385	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$125,235	TotalAmt
Management And General	$125,235	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$3,079,637	TotalAmt
Management And General	$3,079,637	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$5,359,297	TotalAmt
Program Services	$2,855,329	ProgramServicesAmt
Management And General	$2,337,863	ManagementAndGeneralAmt
Fundraising	$166,105	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$390,886	TotalAmt
Program Services	$179,004	ProgramServicesAmt
Management And General	$206,103	ManagementAndGeneralAmt
Fundraising	$5,779	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,432,694	TotalAmt
Program Services	$3,809,975	ProgramServicesAmt
Management And General	$1,345,249	ManagementAndGeneralAmt
Fundraising	$277,470	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$5,248,738	TotalAmt
Program Services	$3,593,951	ProgramServicesAmt
Management And General	$1,624,805	ManagementAndGeneralAmt
Fundraising	$29,982	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,012,615	TotalAmt
Program Services	$20,700	ProgramServicesAmt
Management And General	$2,991,915	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$9,065,974	TotalAmt
Program Services	$8,579,985	ProgramServicesAmt
Management And General	$293,586	ManagementAndGeneralAmt
Fundraising	$192,403	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,736,121	TotalAmt
Program Services	$1,516,311	ProgramServicesAmt
Management And General	$137,943	ManagementAndGeneralAmt
Fundraising	$81,867	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,608,160	TotalAmt
Program Services	$3,140,722	ProgramServicesAmt
Management And General	$467,438	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$13,906,656	TotalAmt
Program Services	$11,703,515	ProgramServicesAmt
Management And General	$2,203,141	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$781,591	TotalAmt
Management And General	$781,591	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
MEAL PLANS	$7,041,107	$7,041,107
ATHLETICS	$3,281,947	$3,281,947
RENTAL & MAINTENANCE	$2,906,554	$1,990,466	$913,333	$2,755
LIBRARY	$1,613,166	$1,613,166

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,536,855	TotalAmt
Program Services	$1,772,989	ProgramServicesAmt
Management And General	$362,759	ManagementAndGeneralAmt
Fundraising	$401,107	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$230,519,501	TotalAmt
Program Services	$192,241,871	ProgramServicesAmt
Management And General	$33,925,015	ManagementAndGeneralAmt
Fundraising	$4,352,615	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$11,734,841	BOYAmt
EOY	$11,933,769	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$25,407,971	BOYAmt
EOY	$23,209,266	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$37,050,833	BOYAmt
EOY	$33,298,114	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,525,819	BOYAmt
EOY	$3,811,882	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$262,873	BOYAmt
EOY	$286,202	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$3,170,597	BOYAmt
EOY	$2,805,960	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$469,229,318	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$195,939,165	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$274,145,234	BOYAmt
EOY	$273,290,153	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$135,345,370	BOYAmt
EOY	$115,069,333	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$436,219,967	BOYAmt
EOY	$478,428,292	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$4,549,113	BOYAmt
EOY	$3,790,421	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$164,851,950	BOYAmt
EOY	$171,351,368	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,096,264,568	BOYAmt
EOY	$1,117,274,760	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$10,230,607	BOYAmt
EOY	$7,309,502	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$8,943,707	BOYAmt
EOY	$8,566,692	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$114,750,000	BOYAmt
EOY	$111,905,000	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$154,212	BOYAmt
EOY	$26,351	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$4,076,200	BOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$12,263,495	BOYAmt
EOY	$10,774,470	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$150,418,221	BOYAmt
EOY	$138,582,015	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$339,163,127	BOYAmt
EOY	$353,407,962	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$391,340,308	BOYAmt
EOY	$409,041,941	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$215,342,912	BOYAmt
EOY	$216,242,842	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$945,846,347	BOYAmt
EOY	$978,692,745	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,096,264,568	BOYAmt
EOY	$1,117,274,760	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$4,524,291	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$27,863,590	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$458,517	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	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 (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	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	$16,924,220	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,765,448	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$63,073,720	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$28,009,766	CurrentTaxYearMinus1YearAmt
Current Tax Year	$24,479,236	CurrentTaxYearAmt
Total	$151,252,390	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$16,924,220	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,765,448	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$63,073,720	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$28,009,766	CurrentTaxYearMinus1YearAmt
Current Tax Year	$24,479,236	CurrentTaxYearAmt
Total	$151,252,390	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$54,747,044	SubstantialContributorsTotAmt
Public Support Total170	$96,505,346	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$14,288,957	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$19,377,895	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$8,057,594	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$11,843,285	CurrentTaxYearMinus1YearAmt
Current Tax Year	$15,778,991	CurrentTaxYearAmt
Total	$69,346,722	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$68,843	CurrentTaxYearMinus4YearsAmt
Total	$68,843	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,784,103	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,444,746	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,652,566	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$130,049	CurrentTaxYearMinus1YearAmt
Current Tax Year	$208,876	CurrentTaxYearAmt
Total	$8,220,340	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$228,888,295	TotalSupportAmt
Gross Receipts Rltd Activities	$826,534,168	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.42160	PublicSupportCY170Pct
Public Support PY170	0.42960	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	SUPPLEMENTAL INFORMATION	FormAndLineReferenceDesc
Explanation	PART I - REASON FOR PUBLIC CHARITY STATUS 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

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Donor Advised Funds Held	7	DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri	$299,870	DonorAdvisedFundsContriAmt
Donor Advised Funds Grants	$199,524	DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY	$2,818,145	DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg Ctrl	Yes (true)	DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps	Yes (true)	DisclosedForCharitablePrpsInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Assets Included	$3,715,377	AssetsIncludedAmt

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

CY Endwmt Fund CYEndwmtFundGrp

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	$3,318,335	AdministrativeExpensesAmt
End Year Balance	$702,854,866	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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	$3,821,336	AdministrativeExpensesAmt
End Year Balance	$661,046,233	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$650,034,650	BeginningYearBalanceAmt
Contributions	$5,181,840	ContributionsAmt
Investment Earnings Or Losses	$7,679,281	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,448,629	GrantsOrScholarshipsAmt
Other Expenditures	$18,921,020	OtherExpendituresAmt
Administrative Expenses	$3,128,720	AdministrativeExpensesAmt
End Year Balance	$631,397,402	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$592,996,843	BeginningYearBalanceAmt
Contributions	$4,722,076	ContributionsAmt
Investment Earnings Or Losses	$83,577,966	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,997,876	GrantsOrScholarshipsAmt
Other Expenditures	$19,448,062	OtherExpendituresAmt
Administrative Expenses	$2,816,297	AdministrativeExpensesAmt
End Year Balance	$650,034,650	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.16890	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.27360	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.55750	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	Yes (true)	EndowmentsHeldRelatedOrgInd
Related Org List Sch R	Yes (true)	RelatedOrgListSchRInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$32,127,037	OtherCostOrOtherBasisAmt
Book Value	$32,127,037	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$332,004,116	OtherCostOrOtherBasisAmt
Depreciation	$127,862,542	DepreciationAmt
Book Value	$204,141,574	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$98,239,093	OtherCostOrOtherBasisAmt
Depreciation	$68,076,623	DepreciationAmt
Book Value	$30,162,470	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$6,859,072	OtherCostOrOtherBasisAmt
Book Value	$6,859,072	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$273,290,153	TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$455,818	BookValueAmt
Method Valuation	F	MethodValuationCd

Other Securities OtherSecuritiesGrp (7 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
EQUITY SECURITIES	$186,829,958	F
HEDGED STRATEGIES	$137,714,892	F
PRIVATE CAPITAL	$66,525,206	F
REAL ESTATE ASSET FUNDS	$47,453,536	F
FIXED INCOME	$38,052,902	F
REAL ESTATE	$1,114,581	C
REAL ESTATE	$281,399	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$478,428,292	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
EQUITY INTEREST HOLLINGSWORTH FUNDS	$164,374,991
FUNDS HELD IN TRUST BY OTHERS	$4,821,380
OTHER ASSETS	$2,154,997

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$171,351,368	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDesc	AmtAmt
ADVANCES - STUDENT LOANS	$3,962,487
BOND PREMIUM	$3,002,937
SPLIT INTEREST AGREEMENTS	$1,433,396
ASSET RETIREMENT OBLIGATION	$1,416,639
INTEREST RATE SWAP AGREEMENT	$743,369
CAPITAL LEASE AGREEMENTS	$215,642

Field	Value	IRS element (for citing)
Total Liability	$10,774,470	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE D, PAGE 2, PART III, LINE 4	THE UNIVERSITY HAS A COLLECTION OF DECORATIVE AND FINE ART 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.
SCHEDULE D, PAGE 2, PART IV, LINE 2B	AGENCY ACCOUNTS 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
SCHEDULE D, PAGE 2, PART V, LINE 4	THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 900 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 AMOUNT COMPUTED UNDER THE ENDOWMENT SPENDING POLICY OF THE INVESTMENT POOL IS USED TO SUPPORT CURRENT OPERATIONS. 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.
SCHEDULE D, PAGE 3, PART X	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, 2018 OR 2017 AND ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED.

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE E, 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 (CONTINUED) ADVERTISEMENTS AND OTHER WRITTEN COMMUNICATION WITH THE PUBLIC RELATED TO STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS, AS WELL AS EMPLOYMENT OPPORTUNITIES.

SCHEDULE E, 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 (20 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARRIBEAN	PROGRAM SERVICES	STUDY AWAY	$339,333
CENTRAL AMERICA AND THE CARRIBEAN	INVESTMENTS		$121,711,286
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	STUDENT RECRUITING	$25,194
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	STUDENT REFUND	$15,383
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	STUDY AWAY	$476,298
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	SUPPLIES	$230
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	CONTRACT SERVICES	$3,200
EAST ASIA AND THE PACIFIC	INVESTMENTS		$1,648,176
EUROPE	PROGRAM SERVICES	STUDENT RECRUITING	$19,547
EUROPE	PROGRAM SERVICES	DONOR RELATIONS	$148,673
EUROPE	PROGRAM SERVICES	LIBRARY RESOURCES	$25,734
EUROPE	PROGRAM SERVICES	STUDY AWAY	$3,548,185
EUROPE	PROGRAM SERVICES	CONTRACT SERVICES	$1,090
EUROPE	INVESTMENTS		$11,173,361
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	STUDY AWAY	$267,402
RUSSIA	PROGRAM SERVICES	STUDY AWAY	$132,915
SOUTH AMERICA	PROGRAM SERVICES	STUDENT RECRUITING	$15,591
SOUTH ASIA	PROGRAM SERVICES	STUDY AWAY	$158,554
SUB-SAHARAN AFRICA	PROGRAM SERVICES	STUDY AWAY	$67,099
SOUTH AMERICA	PROGRAM SERVICES	STUDY AWAY	$211,340

Field	Value	IRS element (for citing)
Subtotal Spent	$139,551,598	SubtotalSpentAmt
Continuation Spent	$436,993	ContinuationSpentAmt
Total Spent	$139,988,591	TotalSpentAmt
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (true)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (true)	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE F, PAGE 1, PART I, LINE 2

FURMAN UNIVERSITY IS NOT A GRANTMAKER AS REFERENCED ON SCH. F LINE 1. FURMAN UNIVERSITY PROVIDES FUNDING TO FACULTY AND TO STUDENTS FOR RESEARCH AND OTHER PROJECTS. EXPENSES MUST BE SUBSTANTIATED UNDER THE ACCOUNTABLE PLAN TO ENSURE PROPER USE OF FUNDS.

SCHEDULE F, PAGE 1, PART I, LINE 3

CENTRAL AMERICA AND THE CARRIBEAN 339,333 0 CENTRAL AMERICA AND THE CARRIBEAN 0 121,711,286 EAST ASIA AND THE PACIFIC 25,194 0 EAST ASIA AND THE PACIFIC 15,383 0 EAST ASIA AND THE PACIFIC 476,298 0 EAST ASIA AND THE PACIFIC 230 0 EAST ASIA AND THE PACIFIC 3,200 0 EAST ASIA AND THE PACIFIC 0 1,648,176 EUROPE 19,547 0 EUROPE 148,673 0 EUROPE 25,734 0 EUROPE 3,548,185 0 EUROPE 1,090 0 EUROPE 0 11,173,361 MIDDLE EAST AND NORTH AFRICA 267,402 0 RUSSIA 132,915 0 SOUTH AMERICA 15,591 0 SOUTH ASIA 158,554 0 SUB-SAHARAN AFRICA 67,099 0 SOUTH AMERICA 211,340 0

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	V PERONE GOLF	Event1Nm
Gross Receipts Event1	$84,720	GrossReceiptsEvent1Amt
Charitable Contri Event1	$15,015	CharitableContriEvent1Amt
Gross Revenue Event1	$69,705	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$3,300	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$5,865	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$4,296	FoodAndBeverageEvent1Amt
Entertainment Event1	$5,709	EntertainmentEvent1Amt
Other Direct Expenses Event1	$6,441	OtherDirectExpensesEvent1Amt
Event2	MB GOLF	Event2Nm
Gross Receipts Event2	$56,049	GrossReceiptsEvent2Amt
Charitable Contri Event2	$25,309	CharitableContriEvent2Amt
Gross Revenue Event2	$30,740	GrossRevenueEvent2Amt
Non Cash Prizes Event2	$2,880	NonCashPrizesEvent2Amt
Rent Facility Costs Event2	$5,786	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$750	FoodAndBeverageEvent2Amt
Other Direct Expenses Event2	$8,730	OtherDirectExpensesEvent2Amt
Other Events Total	7	OtherEventsTotalCnt
Gross Receipts Other Events	$117,886	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$9,455	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$108,431	GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events	$11,157	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$15,499	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$8,018	FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events	$11,187	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$258,655	GrossReceiptsTotalAmt
Charitable Contributions Tot	$49,779	CharitableContributionsTotAmt
Gross Revenue Total Events	$208,876	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$17,337	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$27,150	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$13,064	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$5,709	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$26,358	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$89,618	DirectExpenseSummaryEventsAmt
Net Income Summary	$119,258	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
THE GREENVILLE DRIVE LLC
945 S MAIN ST	GREENVILLE	SC	29601	576019318	N/A	$75,000	SPONSORSHIP
GREENVILLE CHAMBER OF COMMERCE
24 CLEVELAND ST	GREENVILLE	SC	29601	570173240	501C6	$19,381	SPONSORSHIP
UPCOUNTRY HISTORY MUSEUM
540 BUNCOMBE ST	GREENVILLE	SC	29601	570833796	501C3	$162,500	OPERATING SUPPORT
ARTISPHERE
16 AUGUSTA ST	GREENVILLE	SC	29601	582676608	501C3	$11,000	SPONSORSHIP
EMPIRE MOCK TRIAL ASSOCIATION INC
515 ROUTE 33	MILLSTONE	NJ	08535	260150254	501C3	$13,000	DONATION
FALL FOR GREENVILLE INC
PO BOX 2207	GREENVILLE	SC	29602	570876594	501C3	$7,500	SPONSORSHIP
MEDIA VENTURES LLC
4 TANTALLON CT	SIMPSONVILLE	SC	29681	462802268	N/A	$15,350	SPONSORSHIP
GREENVILLE ARENA DISTRICT
650 N ACADEMY ST	GREENVILLE	SC	29601	576007739	GOV	$75,000	SPONSORSHIP
PALMETTO PARTNERSSC DP OF COMMERCE
1201 MAIN ST STE 1600	COLUMBIA	SC	29201	576000286	GOV	$10,000	SPONSORSHIP
M JUDSON LLC
130 S MAIN ST	GREENVILLE	SC	29601	471792713	N/A	$131,000	SPONSORSHIP

Field	Value	IRS element (for citing)
Total501c3 Org	6	Total501c3OrgCnt
Total Other Org	4	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
UNDERGRAD SCHOLARSHIPS	2572	$55,872,254
ATHLETIC SCHOLARSHIPS	397	$13,175,032
GRADUATE SCHOLARSHIPS	6	$23,142
INTERNSHIPS	796	$1,628,772
GRADUATE STIPENDS	10	$50,000
OTHER STIPENDS	9	$20,500

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE I, PAGE 1, 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 (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (true)	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount
DR ELIZABETH DAVIS
PRESIDENT	$504,752	$33,750	$29,805	$568,307
DAVID P STEINOUR
VP FOR IT	$253,921	$31,875	$11,089	$326,885	$30,000
GEORGE C SHIELDS
VP FOR AA & PROVOST	$268,560	$33,750	$20,591	$322,901
MICHAEL HENDRICKS
VP ENROLLMENT MGMT	$261,427	$33,125	$28,866	$323,418
MARY LOU MERKT
VP FINANCE & ADMIN	$261,325	$31,875	$8,663	$301,863
MICHAEL J BUDDIE
ATHLETICS DIRECTOR	$244,565	$30,122	$15,660	$290,347
THOMAS E EVELYN II
VP COMMUNICATION	$232,034	$28,688	$28,866	$289,588
MICHAEL D GATCHELL
VP DEVELOPMENT	$200,162	$25,480	$15,573	$241,215
CONNIE L CARSON
VP STUDENT LIFE	$185,073	$23,196	$9,052	$217,321
KENNETH PETERSON
DEAN OF FACULTY	$170,182	$21,875	$29,579	$221,636
KRISTOPHER N KAPOOR
INVESTMENT OFFICER	$192,233	$24,505	$17,903	$274,761	$40,120
JEFF REDDERSON
AVP FACILITIES	$156,758	$20,406	$13,827	$190,991
CLAYTON HENDRIX
HEAD COACH FB	$277,484	$32,194	$14,355	$324,033
RICHARD FRANCIS MEADE
HEAD COACH LAX	$248,471	$30,734	$1,322	$280,527
BRUCE A FOWLER
HEAD FOOTBALL COACH	$245,435			$245,435
WILLIAM JAMES PIERCE
PROFESSOR	$195,544	$21,989	$9,933	$227,466
LON B KNIGHT
PROFESSOR	$179,321	$21,047	$21,720	$222,088

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE J, PAGE 1, PART I, LINE 1A

TRAVEL COMPANIONS - A COMPANION HAS TRAVELED WITH ELIZABETH DAVIS. TO THE EXTENT IT WAS PERSONAL IN NATURE SUCH AMOUNTS WERE INCLUDED IN HER TAXABLE INCOME. RESIDENCE FOR PERSONAL USE - 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 GROUNDS KEEPING SERVICES ARE PROVIDED BY THE UNIVERSITY FOR THE PUBLIC AREAS OF THE RESIDENCE ONLY. THE PRESIDENT HOSTS UNIVERSITY EVENTS AT WHITE OAKS AS WELL. SOCIAL CLUB DUES - ELIZABETH DAVIS, MICHAEL GATCHELL, AND MIKE BUDDIE WERE PROVIDED WITH CLUB MEMBERSHIPS. TO THE EXTENT THE DUES WERE CONSIDERED PERSONAL, THE AMOUNTS WERE INCLUDED IN TAXABLE INCOME OR REIMBURSED TO THE UNIVERSITY. OTHERWISE THE DUES WERE TO ALLOW EMPLOYEES 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 EXPENDITURES.

SCHEDULE J, PAGE 1, PART I, LINE 7

FURMAN UNIVERSITY MADE NON-FIXED BONUS PAYMENTS TO KRISTOPHER KAPOOR AND DAVID STEINOUR. THE PAYMENTS WERE FOR MERIT AND WERE NOT CONTINGENT ON THE REVENUES OR NET EARNINGS OF THE UNIVERSITY OR ANY RELATED ORGANZIZATION.

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 IMPROVEMENTS	false	false	false
EFA FOR PRIVATE NON-PROFIT
B	576000286	836896JA4	2010-03-18	$21,867,529	REFUNDING AND CAPITAL IMPROVEMENTS	false	false	false
SC JOBS - ECONOMIC DEV AUTHORITY
C	570960018	837031UL5	2015-08-13	$68,432,003	REFUNDING AND CAPITAL IMPROVMENTS	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$8,370,000	$47,233,539	$305,000	$11,050,906	2008	Yes (true)	false	Yes (true)	Yes (true)
B	$10,925,000	$21,867,529	$277,059	$1,000,000	2012	Yes (true)	Yes (true)	Yes (true)	Yes (true)
C	$485,000	$68,195,261	$410,882	$25,210,347	2017	false	Yes (true)	Yes (true)	Yes (true)

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	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	false	false	Yes (true)
B	false	false	false	false	false	false	Yes (true)
C	false	false	false	false	false	false	Yes (true)

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 (true)	Yes (true)	Yes (true)	20.000000000000	false	false	Yes (true)	TRINITY PLUS	1.800000000000	Yes (true)	false	Yes (true)
(no name)
B	false	false	false				false				false	Yes (true)	false	false	Yes (true)
(no name)
C	false	false	false				false				false	Yes (true)	Yes (true)	false	false

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

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

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE K - DIFFERENCES IN ISSUE PRICE EXPLANATION	EFA FOR PRIVATE NON-PROFIT ISSUE PRICE PER PART I(E) 46,660,000 INVESTMENT EARNINGS 889,182 ARBITRAGE REBATE PAYMENT (315,643) TOTAL PROCEEDS PART II, LINE 3 47,233,539 SC JOBS - ECONOMIC DEV. AUTHORITY ISSUE PRICE 68,432,003 UNDERWRITER'S DISCOUNT (236,742) TOTAL PROCEEDS 68,195,261
SCHEDULE K - DATE REBATE COMPUTATION PERFORMED	EFA FOR PRIVATE NON-PROFIT 08/25/09 EFA FOR PRIVATE NON-PROFIT 01/14/13
SCHEDULE K - ADDITIONAL INFORMATION	SC JOBS - ECONOMIC DEV. AUTHORITY AS PART OF THE 8/13/2015 BOND ISSUANCE, BONDS ISSUED ON 4/16/2006 WERE ADVANCED REFUNDED. THE REFUNDED BONDS WERE CALLED ON 10/01/2016.

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Field	Value	IRS element (for citing)
Person	NA	PersonNm
Relationship With Org	N/A	RelationshipWithOrgTxt
Cash Grant	$165,500	CashGrantAmt
Type Of Assistance	SCHOLARSHIPS	TypeOfAssistanceTxt
Assistance Purpose	MERIT	AssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
COURTNEY TOLLISON
SP OF TRUSTEE	$43,371	SALARY	false
WILLIAM MERKT
SP OF OFFICER	$13,200	SALARY	false
CHARLES DAVIS
SP OF OFFICER	$13,200	SALARY	false

Supplemental Information Detail SupplementalInformationDetail

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

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	4	ContributionCnt
Noncash Contributions Rpt F990	$4	NoncashContributionsRptF990Amt
Method Of Determining Revenues	BOOK VALUE	MethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$1	NoncashContributionsRptF990Amt
Method Of Determining Revenues	BOOK VALUE	MethodOfDeterminingRevenuesTxt

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$8,326	NoncashContributionsRptF990Amt
Method Of Determining Revenues	COST	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	96	ContributionCnt
Noncash Contributions Rpt F990	$1,412,949	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Securities Closely Held Stock SecuritiesCloselyHeldStockGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$200,103	NoncashContributionsRptF990Amt
Method Of Determining Revenues	INDEPENDENT VALUE	MethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	3	ContributionCnt
Noncash Contributions Rpt F990	$16,027	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)	EVENT TICKETS	1	$2,514	COST
Yes (X)	SUPPLIES	5	$1,042	COST

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE M, PAGE 2, PART II	FormAndLineReferenceDesc
Explanation	SCHEDULE M, PART I, COLUMN (B): FURMAN UNIVERSITY IS ENTERING THE NUMBER OF CONTRIBUTIONS RECEIVED OF EACH TYPE IN ACCORDANCE WITH THE UNIVERSITY'S RECORDKEEPING PRACTICES.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4D	THE UNIVERSITY GENERATED COMMISSION INCOME FROM VARIOUS ON-CAMPUS SERVICE PROVIDERS INCLUDING FOOD SERVICES, THE BOOKSTORE, AND OTHER SERVICES AND EVENTS. THE UNIVERSITY INCURRED EXPENSES IN HOSTING OUTDOOR CONCERTS THAT ARE OPEN TO THE COMMUNITY AND PROVIDING GRANTS TO LOCAL AND DOMESTIC ORGANIZATIONS.
FORM 990, PAGE 6, PART VI, LINE 2	DANIEL S. SANDERS DANIEL S. SANDERS JR. TRUSTEE TRUSTEE FATHER/SON
FORM 990, PAGE 6, PART VI, LINE 4	FURMAN UNIVERSITY AMENDED AND RESTATED ITS BYLAWS EFFECTIVE MAY 12, 2018. THE AMENDMENT AND RESTATEMENT INCLUDES CHANGES TO THE BOARD OF TRUSTEES' COMMITTEE STRUCTURE, INCLUDING CHANGES TO THE UNIVERSITY'S AUDIT COMMITTEE. THE COMMITTEE HAS EXPANDED FROM AT LEAST THREE MEMBERS TO AT LEAST FIVE MEMBERS. IN ADDITION, THE AUDIT COMMITTEE'S RESPONSIBILITIES HAVE BEEN MORE CLEARLY DEFINED TO INCLUDE THE FOLLOWING: (A) CONFIRM THAT GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ARE BEING CONSISTENTLY APPLIED IN THE UNIVERSITY'S FINANCIAL STATEMENTS, AND PERIODICALLY REVIEW AND ASSESS THE FINANCIAL CONTROL AND ACCOUNTING SYSTEMS OF THE UNIVERSITY AND RECOMMEND ANY CHANGES IT DEEMS APPROPRIATE; (B) RECOMMEND EACH YEAR THE INDEPENDENT AUDITOR (THE "AUDITOR") TO BE ENGAGED BY THE UNIVERSITY; (C) CAUSE TO BE PREPARED AND SUBMITTED ANNUALLY TO THE BOARD THE AUDITED FINANCIAL STATEMENTS OF THE UNIVERSITY FOR EACH FISCAL YEAR; AND (D) REVIEW, MONITOR AND ASSESS, ON AN ONGOING BASIS, THE UNIVERSITY'S RISKS AND ITS RISK MANAGEMENT PROGRAMS, PRACTICES AND PROTOCOLS AND REPORT THEREON TO THE BOARD. FURTHERMORE, THE AMENDED AND RESTATED BYLAWS ADDRESS THAT THE EXECUTIVE COMMITTEE SHALL ALSO FUNCTION AS A DE FACTO STRATEGIC PLANNING COMMITTEE OF THE BOARD BY HELPING TO COORDINATE THE WORK OF THE TRUSTEES WITH REGARD TO OVERALL INSTITUTIONAL PLANNING. IN SUCH ROLE, THE EXECUTIVE COMMITTEE SHALL REVIEW PERIODICALLY THE PLANNING PROCESS OF THE UNIVERSITY AND FURMAN'S STATEMENT OF PURPOSE, TAKING INTO ACCOUNT ANY CHANGING RESPONSIBILITIES OF THE UNIVERSITY TO ITS CONSTITUENCIES, AND THE EXECUTIVE COMMITTEE SHALL ENSURE THAT LONG-RANGE AND STRATEGIC PLANS FOR THE UNIVERSITY ARE UPDATED IN A TIMELY FASHION AND SUBMITTED TO THE BOARD FOR APPROVAL.
FORM 990, PAGE 6, PART VI, 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 ADDDRESSED. THE PUBLIC DISCLOSURE COPY OF FORM 990 WAS PROVIDED TO THE REMAINING VOTING MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES.
FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, LINE 15A	THE COMPENSATION OF THE UNIVERSITY'S PRESIDENT IS DETERMINED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE COMMITTEE COMMISSIONED STUDIES OF PEER INSTITUTIONS' EXECUTIVE COMPENSATION CONDUCTED BY INDEPENDENT CONSULTANTS. FINAL COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. THE PRESIDENT'S EMPLOYMENT IS GUIDED BY A WRITTEN EMPLOYMENT CONTRACT SIGNED BY BOTH PARTIES. ADDITIONALLY, THE INDEPENDENT CONSULTANTS REVIEW AND ANALYZE THREE OF THE OFFICERS' SALARIES ANNUALLY. THE THREE OFFICERS' SALARIES ARE SELECTED BY THE INDEPENDENT CONSULTANTS AND ARE SELECTED ON A ROTATION BASIS. EXECUTIVE COMMITTEE MEETINGS ARE DOCUMENTED.
FORM 990, PAGE 6, PART VI, LINE 15B	AS STATED IN THE RESPONSE TO QUESTION 15A, INDEPENDENT CONSULTANTS REVIEW AND ANALYZE THREE OFFICERS' SALARIES ANNUALLY.
FORM 990, PAGE 6, PART VI, 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 EXC AGREEMENT 458,517

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	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd
FURMAN UNIVERSITY FOUNDATION
3300 POINSETT HWY	GREENVILLE	SC	29613	571061363	FOUNDATION	SC	501C3	12C	NA	false
HOLLINGSWORTH FUNDS INC
124 VERDAE BLVD STE 10	GREENVILLE	SC	29607	571003814	CHARITABLE	SC	501C3	12A	NA	false

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER UNITRUSTS (10)
SPLIT INT	SC	NA	TRUST	false
CHARITABLE REMAINDER ANNUITY TRUST
SPLIT INT	SC	NA	TRUST	false

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

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
HOLLINGSWORTH FUNDS INC
S	$3,463,757	CASH RECEIVED
FURMAN UNIVERSITY FOUNDATION
C	$139,022	CASH RECEIVED

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE R	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, 2018, INCOME DISTRIBUTIONS FROM THE HOLLINGSWORTH FUNDS, WHICH ARE REPORTED AS INVESTMENT RETURNS, WERE 3,463,757, AND PROVIDED FUNDING FOR THE HOLLINGSWORTH SCHOLARS PROGRAM, TWO ENDOWED PROFESSORSHIPS IN THE DEPARTMENTS OF ECONOMICS AND BUSINESS AND ACCOUNTING, AND SPECIFIC NEEDS OF THE DEPARTMENTS OF BUSINESS AND ACCOUNTING AND ECONOMICS. FURMAN UNIVERSITY FOUNDATION (FUF) OPERATES AS A NONPROFIT PUBLIC BENEFIT CORPORATION TO SERVE THE NEEDS AND INTERESTS OF FURMAN UNIVERSITY.	ExplanationTxt