CLEMSON UNIVERSITY FOUNDATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- CLEMSON UNIVERSITY FOUNDATION (EIN 57-0426335)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-14
- IRS object ID
- 201841349349305044
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-14T12:58:07-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | 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 | AddressLine1Txt |
| City | Greenville | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570426335 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Clemson University Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLEM | BusinessNameControlTxt |
| Phone | 8646561289 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1889 | AddressLine1Txt |
| City | Clemson | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 296331889 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Harrison F Trammell | PersonNm |
| Person Title | President and CEO | PersonTitleTxt |
| Phone | 8646561289 | PhoneNum |
| Signature | 2018-05-11 | 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 | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Harrison F Trammell | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1889 | AddressLine1Txt |
| City | Clemson | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 296331889 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $150,437,384 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.clemson.edu/giving/cufoundations | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1933 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | The foundation is organized to promote the welfare and future development of Clemson University. | ActivityOrMissionDesc |
| Voting Members Governing Body | 39 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 38 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 144 | TotalVolunteersCnt |
| Total Gross UBI | $694,410 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $313,635 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $39,655,861 | PYContributionsGrantsAmt |
| CY Contributions Grants | $29,965,778 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,288,209 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,569,756 | CYProgramServiceRevenueAmt |
| PY Investment Income | $17,028,420 | PYInvestmentIncomeAmt |
| CY Investment Income | $14,191,098 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,031,548 | PYOtherRevenueAmt |
| CY Other Revenue | $23,523 | CYOtherRevenueAmt |
| PY Total Revenue | $62,004,038 | PYTotalRevenueAmt |
| CY Total Revenue | $48,750,155 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $33,560,996 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $21,617,641 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,479,111 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,238,978 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $303,634 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $277,905 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,127,981 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $20,723,516 | PYOtherExpensesAmt |
| CY Other Expenses | $17,332,545 | CYOtherExpensesAmt |
| PY Total Expenses | $57,067,257 | PYTotalExpensesAmt |
| CY Total Expenses | $40,467,069 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,936,781 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,283,086 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $743,779,194 | TotalAssetsBOYAmt |
| Total Assets EOY | $825,035,700 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $233,296,103 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $260,715,612 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $510,483,091 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $564,320,088 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The Foundation is organized to promote the welfare and future development of Clemson University in its educational and scientific research purposes; to seek and receive gifts for the benefit of Clemson University through endowment giving and other fundraising programs; and to prudently manage the disbursement of these assets within a policy that encourages the enhancement of the resources of the foundation. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $11,132,728 | ExpenseAmt |
| Grant | $4,206,968 | GrantAmt |
| Revenue | $4,569,756 | RevenueAmt |
| Desc | Program support: Non-endowed restricted gifts and other program generated revenues are utilized to support Clemson University's educational mission. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,545,571 | ExpenseAmt |
| Grant | $13,545,571 | GrantAmt |
| Desc | Endowed Programs: donors contribute gifts to fund endowments which provide an earnings stream for scholarships, professorships and program support per the donor directives. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,865,102 | ExpenseAmt |
| Grant | $3,865,102 | GrantAmt |
| Desc | Capital Projects: the foundation raises funds to construct university buildings, labs and outdoor spaces to support Clemson University. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $28,543,401 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 128 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2 | 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 | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| 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 | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 1 | Form8282FiledCnt |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 39 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 38 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | G Clint Carlson II Director of Finance | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8646560925 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Admin Services Bldg 108 Perimeter | AddressLine1Txt |
| City | Clemson | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 296345306 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Ernest Norville | ||||||||
| Chair | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Robert Hambright | ||||||||
| Vice Chair | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Susie Cannon Adams | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Ray Anderson | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Bryant Barnes | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| James Barnes | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Edith Bostic | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Janine Bowen | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Celeste Boykin | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| William Bradley | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Jonathan Centurino | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Michael Crapps | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| James Creel Jr | ||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Michael Dowling | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Edgar Duckworth | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Colonel Sandy Edge | ||||||||
| Director | 1.00 | 37.50 | Yes (X) | $0 | $99,048 | $22,549 | ||
| R Charles Eldridge Jr | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Scott Garvin | ||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Gerald Glenn | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Harry Hall IV | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Jerry Handegan | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Bryant Harrell | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Cheryl Holland | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Stephen Hutchinson | ||||||||
| Director | 1.00 | 3.00 | Yes (X) | $0 | $0 | $0 | ||
| J Allen Martin | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Anthony Mathis | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| D Byrd Miller III | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Suzanne Morse | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Mary Joy Pizzella | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Norman Pulliam | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| James Self III | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Thomas Sloan | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Kenneth Smith | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Daniel Stanzione | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Charles Sullivan Jr | ||||||||
| Director | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Joseph Todd | ||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Michael Watt | ||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jonathan Weitz | ||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Amy Yoder | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Harrison Trammell | ||||||||
| President and CEO | 31.50 | 6.00 | $0 | $256,570 | $28,065 | Yes (X) | ||
| Deborah Newsom | ||||||||
| CFO and Treasurer | 37.50 | 0.00 | $0 | $86,952 | $10,335 | Yes (X) | ||
| Beth Moore | ||||||||
| Secretary | 1.00 | 36.50 | $0 | $40,405 | $19,528 | Yes (X) | ||
| John Alexander Jr | ||||||||
| CIO | 8.00 | 29.50 | $75,417 | $179,725 | $15,331 | Yes (X) | ||
| James Clements | ||||||||
| Clemson University President | 1.00 | 36.50 | $493,627 | $323,849 | $61,080 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $569,044 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $986,549 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $156,888 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Cambridge Associates LLC | |||||
| PO Box 83232 | Chicago | IL | 60691 | Investment Advising | $695,382 |
| Daniel J Edelman Inc | |||||
| 21992 Network Place | Chicago | IL | 60673 | Marketing/ Communications | $190,677 |
| College Connections inc | |||||
| 6129 Long Meadow Road | Mclean | VA | 22101 | Alumni Outreach | $189,937 |
| TJ Dixon & James Nelson | |||||
| 388 Orpheus Avenue | Encinitas | CA | 92024 | Sculpture Design/ Fabrication | $150,000 |
| SW Promotions | |||||
| 728 N Pleasantburg Drive | Greenville | SC | 29607 | Marketing/ Communications | $149,653 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $9,875 | FundraisingAmt |
| Related Organizations | $2,826,767 | RelatedOrganizationsAmt |
| All Other Contributions | $27,129,136 | AllOtherContributionsAmt |
| Noncash Contributions | $811,109 | NoncashContributionsAmt |
| Total Contributions | $29,965,778 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Endowment Management Fee | 523000 | $1,944,452 | $1,944,452 |
| Affinity Partnerships | 541800 | $1,517,105 | $1,517,105 |
| Program & Activities Revenue | 561000 | $299,154 | $299,154 |
| Development Programs | 561000 | $218,406 | $218,406 |
| Registration fees | 900099 | $165,455 | $165,455 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $425,184 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $425,184 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,569,756 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,207,678 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $694,410 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,513,268 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,316 | TotalRevenueColumnAmt |
| Exclusion | $26,316 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $105,638,320 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $101,654,900 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,983,420 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,983,420 | TotalRevenueColumnAmt |
| Exclusion | $3,983,420 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $29,536 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $9,875 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $32,329 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,793 | TotalRevenueColumnAmt |
| Exclusion | -$2,793 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,750,155 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,569,756 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $694,410 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,520,211 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,617,641 | TotalAmt |
| Program Services | $21,617,641 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,219,565 | TotalAmt |
| Management And General | $680,765 | ManagementAndGeneralAmt |
| Fundraising | $538,800 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,413 | TotalAmt |
| Management And General | $4,369 | ManagementAndGeneralAmt |
| Fundraising | $15,044 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,554 | TotalAmt |
| Program Services | $49,405 | ProgramServicesAmt |
| Management And General | $11,149 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $277,905 | TotalAmt |
| Fundraising | $277,905 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,750,938 | TotalAmt |
| Management And General | $4,750,938 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $332,695 | TotalAmt |
| Program Services | $208,997 | ProgramServicesAmt |
| Management And General | $37,753 | ManagementAndGeneralAmt |
| Fundraising | $85,945 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,393,655 | TotalAmt |
| Program Services | $3,078,396 | ProgramServicesAmt |
| Management And General | $1,334,005 | ManagementAndGeneralAmt |
| Fundraising | $981,254 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $831,209 | TotalAmt |
| Program Services | $248,035 | ProgramServicesAmt |
| Management And General | $80,558 | ManagementAndGeneralAmt |
| Fundraising | $502,616 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,254 | TotalAmt |
| Program Services | $39,254 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,942 | TotalAmt |
| Program Services | $54,414 | ProgramServicesAmt |
| Management And General | $39,662 | ManagementAndGeneralAmt |
| Fundraising | $11,866 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Functions & Events | $3,195,166 | $2,038,760 | $559,747 | $596,659 |
| Development Fees | $875,716 | $805,943 | $69,608 | $165 |
| Supplies | $815,694 | $326,314 | $108,110 | $381,270 |
| Shared Services | $696,618 | $84,403 | $612,215 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,104 | TotalAmt |
| Program Services | $76,242 | ProgramServicesAmt |
| Management And General | $34,620 | ManagementAndGeneralAmt |
| Fundraising | $124,242 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,467,069 | TotalAmt |
| Program Services | $28,543,401 | ProgramServicesAmt |
| Management And General | $7,795,687 | ManagementAndGeneralAmt |
| Fundraising | $4,127,981 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,720,353 | BOYAmt |
| EOY | $60,342,269 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,508,899 | BOYAmt |
| EOY | $51,533,232 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,930,285 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,570,800 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,398,739 | BOYAmt |
| EOY | $9,359,485 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $486,739,690 | BOYAmt |
| EOY | $552,044,534 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,386,438 | BOYAmt |
| EOY | $147,570,730 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,025,075 | BOYAmt |
| EOY | $4,185,450 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $743,779,194 | BOYAmt |
| EOY | $825,035,700 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $780,350 | BOYAmt |
| EOY | $705,498 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,354,298 | BOYAmt |
| EOY | $55,974,519 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $183,161,455 | BOYAmt |
| EOY | $204,035,595 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $233,296,103 | BOYAmt |
| EOY | $260,715,612 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,899,466 | BOYAmt |
| EOY | $30,543,950 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,675,484 | BOYAmt |
| EOY | $228,988,403 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $294,908,141 | BOYAmt |
| EOY | $304,787,735 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $510,483,091 | BOYAmt |
| EOY | $564,320,088 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $743,779,194 | BOYAmt |
| EOY | $825,035,700 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $8,283,086 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $44,644,830 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $909,081 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,054,091 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,400,934 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,885,983 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,655,861 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,965,778 | CurrentTaxYearAmt |
| Total | $175,962,647 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,054,091 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,400,934 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,885,983 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,655,861 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,965,778 | CurrentTaxYearAmt |
| Total | $175,962,647 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,820,058 | SubstantialContributorsTotAmt |
| Public Support Total170 | $170,142,589 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,093,132 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,323,047 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,942,928 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,167,325 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,539,584 | CurrentTaxYearAmt |
| Total | $58,066,016 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $324,570 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $538,947 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,265,415 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $350,346 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $313,635 | CurrentTaxYearAmt |
| Total | $2,792,913 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,670 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $116,220 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $33,597 | CurrentTaxYearMinus1YearAmt |
| Total | $164,487 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $236,986,063 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $19,890,901 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.71790 | PublicSupportCY170Pct |
| Public Support PY170 | 0.73470 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $97,093 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $97,093 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $35,336,850 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $35,433,943 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $60,718 | CurrentYearMinus3Amt |
| Current Year Minus2 | $68,014 | CurrentYearMinus2Amt |
| Current Year Minus1 | $86,519 | CurrentYearMinus1Amt |
| Current Year | $97,093 | CurrentYearAmt |
| Total | $312,344 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I-A, Line 1: | The organization does not participate in direct or indirect political campaign activities. |
| Part II - A, Line 1, Lobbying activities: | Legislative Activities: Four Clemson University employees (Angela Leidinger, Mark Cothran, Elizabeth Bell, and Michael Wright) are paid by Clemson University to perform certain legislative affairs functions. Leidinger, Cothran, and Wright maintain Clemson University contact with state agencies and are registered lobbyists for the State of South Carolina. Mark Cothran is also a registered federal lobbyist for Clemson University. The Clemson University Foundation provides funding for certain expenses associated with the activities of these Clemson University employees including providing funding for leased office space. |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 1 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $0 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $0 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $142,358 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $416,356,433 | BeginningYearBalanceAmt |
| Contributions | $11,785,373 | ContributionsAmt |
| Investment Earnings Or Losses | $39,714,101 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,525,313 | GrantsOrScholarshipsAmt |
| Other Expenditures | $11,017,258 | OtherExpendituresAmt |
| End Year Balance | $454,313,336 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $406,874,549 | BeginningYearBalanceAmt |
| Contributions | $22,117,538 | ContributionsAmt |
| Investment Earnings Or Losses | -$8,443,211 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,192,443 | GrantsOrScholarshipsAmt |
| End Year Balance | $416,356,433 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $391,902,933 | BeginningYearBalanceAmt |
| Contributions | $17,696,485 | ContributionsAmt |
| Investment Earnings Or Losses | $9,791,770 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,722,568 | GrantsOrScholarshipsAmt |
| Other Expenditures | $9,794,071 | OtherExpendituresAmt |
| End Year Balance | $406,874,549 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $326,453,829 | BeginningYearBalanceAmt |
| Contributions | $18,218,106 | ContributionsAmt |
| Investment Earnings Or Losses | $51,683,871 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,701,614 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,609,091 | OtherExpendituresAmt |
| End Year Balance | $387,045,101 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $294,007,873 | BeginningYearBalanceAmt |
| Contributions | $8,984,586 | ContributionsAmt |
| Investment Earnings Or Losses | $32,121,897 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,487,664 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,172,863 | OtherExpendituresAmt |
| End Year Balance | $326,453,829 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.04780 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.62190 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.33030 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $11,900 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $8,971,049 | OtherCostOrOtherBasisAmt |
| Book Value | $8,982,949 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,833,458 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,456,922 | DepreciationAmt |
| Book Value | $376,536 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $113,878 | OtherCostOrOtherBasisAmt |
| Depreciation | $113,878 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,359,485 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Hedge Funds | $91,640,237 | F |
| Private equity | $45,996,847 | F |
| Private Real Assets | $9,933,646 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $147,570,730 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Due to related organizations | $419,697 |
| Accrued liability to Clemson University due to net investment appreciation | $95,983,370 |
| Note Payable to Clemson University | $102,919,316 |
| Actuarial liability of annuities payable | $4,713,212 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $204,035,595 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $89,585,457 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $44,644,830 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $909,081 | OtherRevenueAmt |
| Revenue Not Reported | $45,553,911 | RevenueNotReportedAmt |
| Revenue Subtotal | $44,031,546 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $4,750,938 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$32,329 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $4,718,609 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $48,750,155 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $35,748,460 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $32,329 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $32,329 | ExpensesNotReportedAmt |
| Expenses Subtotal | $35,716,131 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $4,750,938 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $4,750,938 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $40,467,069 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, Line 2b: | the foundation holds and invests funds belonging to affiliated organizations. |
| Part V, Line 4: | The Foundation's endowment consists of individual funds established for a variety of purposes including both donor-restricted endowment funds and funds designated by the Board of Directors of the Foundation to function as endowments. Payouts are based on a specified percentage of the three year rolling average balance of the endowment funds, the purpose specified by the donor; 65% fund scholarships, fellowships and awards for students, the balance funds professorships and provides support for department and college programs. |
| Part X, Line 2: | The Foundation is recognized as an organization exempt from Federal income tax on related income under Section 501(a) of the Internal Revenue Code (the "Code") and described as an organization in Section 501(c)(3) of the Code. Accordingly, only unrelated business income, as defined by Section 513 of the Code, is subject to Federal income tax. The Foundation made a tax payment of $430,280 on estimated unrelated business income for the fiscal year ended June 30, 2016, which is included in endowment expenses on the statements of activities for the year ended June 30, 2016. Of this amount, $311,162 is available to apply toward the Foundation's 2017 unrelated business income tax liability. The Foundation's policy is to record a liability for any tax position taken that is beneficial to the Foundation, 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 that there are no such positions as of June 30, 2017 and, accordingly, no liability has been accrued. |
| Part XI, Line 2d - Other Adjustments: | Change in value of life insurance policies 77,299. change in Value of Split Interest agreements 831,782. |
| Part XI, Line 4b - Other Adjustments: | Special event expenses reported net of revenue in Part VIII -32,329. |
| Part XII, Line 2d - Other Adjustments: | Special event expenses reported net of revenue in Part VIII 32,329. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | investments | $84,853,347 |
| Europe (Including Iceland & Greenland) | 0 | 0 | INVESTMENTs | $6,071,869 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $90,925,216 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $90,925,216 | 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 iv line 1 | THE ORGANIZATION WAS A TRANSFEROR OF CASH TO VARIOUS FOREIGN CORPORATIONS (INVESTMENTS) DURING THE FISCAL YEAR. SOME OF THE AMOUNTS TRANSFERRED MET THE FORM 926 FILING REQUIReMENTS AND THE FOUNDATION HAS FILED THE FORM 926 for these transactions. |
| part iv line 3 | while the foundation had investments in foreign corporations due to various alternative investments, the ownership interests were below the filing thresholds for form 5471. |
| part iv line 4 | The organization is an investor in one or more "passive foreign investment companies" ("PFICS"). The organization did not receive any taxable distributions from any of the PFICS during the fiscal year. Form 8621 is not being filed pursuant to IRS guidance set forth in Reg. Sec. 1.1291-1(e). |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| Benz Whaley & FlesSner | ||||||||
| 7251 OHMS LANE | MINNEAPOLIS | MN | 55439 | Capital campaign consultant | 0 | $0 | $123,050 | -$123,050 |
| College Connections Inc | ||||||||
| 6129 Long Meadow Road | McLean | VA | 22101 | campaign consultant | 0 | $0 | $144,855 | -$144,855 |
| David Atchley | ||||||||
| 17 woodvale avenue | greenville | SC | 29605 | campaign consultant | 0 | $0 | $10,000 | -$10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $277,905 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$277,905 | TotalNetToOrganizationAmt |
| Licensed States | SC | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | student affairs gala | Event1Nm |
| Gross Receipts Event1 | $39,411 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $9,875 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $29,536 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $6,500 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $15,546 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $10,283 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $39,411 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $9,875 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $29,536 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $6,500 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $15,546 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $10,283 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $32,329 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$2,793 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Clemson University | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Admin Services BLDG 108 Perimeter | AddressLine1Txt |
| Address Line2 | RD | AddressLine2Txt |
| City | CLEMSON | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29634 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 576000254 | RecipientEIN |
| IRC Section | 170(C)(1) | IRCSectionDesc |
| Cash Grant | $21,448,373 | CashGrantAmt |
| Non Cash Assistance | $169,268 | NonCashAssistanceAmt |
| Valuation Method Used | FMV AT PURCHASE | ValuationMethodUsedDesc |
| Non Cash Assistance | TRANSFER OF PURCHASED EQUIPMENT | NonCashAssistanceDesc |
| Purpose Of Grant | to promote the welfare and future development of Clemson University | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | All disbursements to Clemson University are reviewed for compliance with donor wishes. Scholarship disbursements are administered by the Financial Aid Department of Clemson University. Selected other disbursements are reviewed for compliance by a post disbursement review process and Internal Audits. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | Yes (1) | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | Yes (1) | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Harrison Trammell | ||||||||||||||
| President and CEO | $0 | $237,856 | $0 | $10,000 | $0 | $8,714 | $0 | $12,247 | $0 | $15,818 | $0 | $284,635 | $0 | $0 |
| John Alexander Jr | ||||||||||||||
| CIO | $75,417 | $163,824 | $0 | $0 | $0 | $15,901 | $0 | $9,074 | $0 | $6,257 | $75,417 | $195,056 | $0 | $0 |
| James Clements | ||||||||||||||
| Clemson University President | $493,627 | $292,502 | $0 | $0 | $0 | $31,347 | $0 | $44,016 | $0 | $17,064 | $493,627 | $384,929 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | Travel expenses incurred by spouses of Clemson University employees are reimbursed when a bona fide business purpose exists. All reimbursements for spousal travel are approved by the president or vice president. There was no taxable spousal travel for the year. The President of Clemson University is provided a family membership to the Walker Course at Clemson University. The value of this benefit is included as taxable compensation to the President. |
| Part I, Line 4b | President Clements has a deferred compensation plan under 457(f) that is funded by CUF. The amount set aside under the plan is determined by the Board of Trustees of Clemson University each year and is based on various performance metrics. The vesting period for each fiscal year in which a benefit is awarded is three years after the end of the fiscal year. As of the tax year ending 6/30/17, no amounts have vested under the plan. |
| Part I, Line 5 | The CEO's and CIO's total compensation includes base compensation for services along with variable compensation potential. variable compensation, if any, is determined at the close of the fiscal year based upon pre-established criteria and subject to approval by the human resources committee and full board. |
| Form 990, Schedule J | The following CUF board members serve as voting directors of other related organizations: James Creel - Clemson University Continuing Education and Conference Center Stephen Hutchinson - Clemson University Continuing Education and Conference Center, Clemson University Real Estate Foundation, and Clemson University Land Stewardship Foundation Scott Garvin - Clemson Architectural Foundation Michael Watt - Clemson University Research Foundation Sandy Edge - IPTAY Joseph Todd - IPTAY CUF officers are employees of Clemson University: Harrison Trammell Deborah Newsom Beth Moore The following employees of Clemson University are also employees of CUF: John Alexander James Clements |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 108 | ContributionCnt |
| Noncash Contributions Rpt F990 | $696,109 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Average market value | 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 | $115,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, PART V, LINE 1C: | There were no instances that required backup withholding. |
| Form 990, PART V, LINES 7g and 7h: | There were no contributions received which would have required the organization to file either Form 8899 or 1098-C. |
| Form 990, Part VI, Section B, line 11b | A copy of the 990 is provided to all board members prior to filing, with the Audit Committee charged with reviewing the 990 in detail. |
| Form 990, Part VI, Section B, line 12c | CUF board and key employees receive a copy of the code of conduct with the conflict of interest policy annually for review and signature. Any director or officer who has an interest in a contract, a non-passive investment or other transaction presented to the Board of Directors or a committee thereof for authorization, approval or ratification shall make a prompt and full disclosure of his or her interest to the Board of Directors or such committee prior to any action on such contract or transaction by the Board of Directors or such committee. If a conflict is deemed to exist, such person shall not vote on, nor use his or her personal influence on, nor participate in (other than to present factual information or to respond to questions) the discussions or deliberations with respect to such contract or transactions. |
| Form 990, Part VI, Section B, line 15 | CUF has two employees whose salary is determined by the human resource committee and approved by the full board. All other individuals conducting CUF business are employees of Clemson University. Compensation of the officers is determined through the university human resource department within the guidelines established by the state of South Carolina. The CUF board reviews and approves the compensation set by Clemson University annually. |
| Form 990, Part VI, Section C, line 19 | Documents are available on the organization's website and upon request. Exempt organization status was filed in 1933 and filing documents are not available. |
| Form 990, Part XI, line 9: | Change in value of Life insurance policies 77,299. Change in value of split interest agreements 831,782. |
| form 990, part xii, line 2c | ALL RELATED ORGANIZATIONS OF CLEMSON UNIVERSITY PARTICIPATE IN A COMBINED REQUEST FOR PROPOSALS PROCESS EVERY FIVE YEARS. AT LEAST ONE MEMBER FROM EACH BOARD PARTICIPATES IN THE SELECTION PROCESS. THERE IS NO REQUIREMENT FOR ALL ENTITIES TO SELECT THE SAME AUDIT FIRM, BUT THAT HAS BEEN THE PRACTICE FOR THE PAST sixteen YEARS. CUF HAS AN AUDIT COMMITtEE WHICH MEETS at least three TIMES A YEAR AND INTERACTS DIRECTLY WITH THE AUDIT FIRM. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Clemson University | |||||||||||
| Admin Services Bldg 108 Perimeter R | Clemson | SC | 29634 | 576000254 | Research University | SC | 170(c)(1) | N/A | 0 | ||
| Clemson University Continuing Education And Conference Complex Corporation | |||||||||||
| 108 Perimeter Road | Clemson | SC | 29634 | 571002122 | Operation Of Continuing Education And Conference Center For Clemson Univ | SC | 501(C)(3) | N/A | 0 | Line 12c, III-FI | |
| Clemson University Land Stewardship Foundation | |||||||||||
| PO Box 1889 | Clemson | SC | 29633 | 274127041 | Hold And Manage Real Estate For Clemson University | SC | 501(C)(3) | 0 | Line 12a, I | CUF and CU | |
| Clemson University Real Estate Foundation | |||||||||||
| PO Box 1889 | Clemson | SC | 29633 | 570933257 | Receive Gifts Of Real Estate And Manage Real Estate Holdings | SC | 501(C)(3) | 0 | Line 12a, I | CUF and CU | |
| Clemson University Research Foundation | |||||||||||
| PO Box 946 | Clemson | SC | 29633 | 570750000 | To Support Research And Technology Transfer For The Benefit Of Clemson Univ | SC | 501(C)(3) | N/A | 0 | Line 12c, III-FI | |
| IPTAY | |||||||||||
| PO Box 1529 | Clemson | SC | 29633 | 465666637 | To Support Clemson University Athletic Programs | SC | 501(C)(3) | N/A | 0 | Line 12c, III-FI | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| charitable remainder annuity trusts (3) | |||||||||||
| trust | SC | N/A | T | 0 | |||||||
| charitable remainder trusts (44) | |||||||||||
| trust | SC | N/A | T | 0 | |||||||
| Clemson University Foundation Holdings LLC | |||||||||||
| INVESTMENTS | SC | C | Yes (1) | 155 Old Greenville Hwy Ste 105 | Clemson | SC | 29631 | 813206816 | CUf | 1.00000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (7 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| clemson university | ||
| B | $21,617,641 | Book |
| Clemson University Real Estate Foundation | ||
| C | $2,826,767 | book |
| Clemson University | ||
| E | $198,902,686 | Book |
| Clemson University | ||
| O | $1,879,578 | book |
| Clemson University | ||
| P | $1,944,452 | Book |
| IPTAY | ||
| R | $77,553 | Book |
| CU Continuing Education & Conference Complex Corporation | ||
| R | $207,295 | Book |