NonprofitsFurman University

Education

Furman University

GREENVILLE, SC

Total revenue

$288.9M

Total expenses

$270.1M

Net assets

$1.1B

Grants received

$124.7M

629 grants

EIN

570314395

Tax year

2023

Mission

Furman university is an institution of higher education providing distinctive undergraduate education emphasizing an engaged approach combining classroom learning with real world experiences and self-discovery.

Programs

2 programs

Student services includes intercollegiate athletics, intramural and club sports, enrollment management, student government and a large variety of student organizations, services and activities.

Expenses: $37.9M

The university conducted auxiliary enterprises for the convenience of students, faculty, staff and the at-large community. These auxiliary enterprises include student housing, dining services, golf course, sports arena and conference center.

Expenses: $27.9M

Financials

FY 2023

Revenue

Contributions & grants$43.8M
Program service revenue$184.0M
Investment income$60.1M
Other revenue$928K
Total revenue$288.9M

Expenses

Grants paid$85.8M
Salaries & benefits$92.8M
Fundraising$5.8M
Other expenses$91.5M
Total expenses$270.1M
Total assets$1.4B
Net assets$1.1B

People

49 listed

NameRoleCompensation

DR ELIZABETH DAVIS

PRESIDENT

Board

$622K

40 hrs/wk

SUSAN MADDUX

VP FOR FINANCE & ADMINISTRATION

Board

$407K

40 hrs/wk

JASON DONNELLY

VP FOR INTERCOLLEGIATE ATHLETICS

Board

$304K

40 hrs/wk

THOMAS E EVELYN II

VP FOR UNIVERSITY COMMUNICATIONS

Board

$297K

40 hrs/wk

CONNIE L CARSON

VP FOR STUDENT LIFE

Board

$266K

40 hrs/wk

BETH PONTARI

ACADEMIC AFFAIRS & PROVOST

Board

$266K

40 hrs/wk

HEIDI MCCRORY

VP FOR DEVELOPMENT

Board

$264K

40 hrs/wk

EMILY SCHUCK

VP OF ENROLLMENT MANAGEMENT

Board

$140K

40 hrs/wk

TRACI MILLER

TRUSTEE

Board

2 hrs/wk

YENDELELA NEELY HOLSTON

TRUSTEE

Board

2 hrs/wk

JASON W RICHARDS

TRUSTEE

Board

2 hrs/wk

PAUL L ROBERTSON III

TRUSTEE

Board

2 hrs/wk

BETH TAYLOR

TRUSTEE

Board

2 hrs/wk

A ALEXANDER TAYLOR II

TRUSTEE

Board

2 hrs/wk

BRENDA J THAMES

TRUSTEE

Board

2 hrs/wk

LIZANNE THOMAS

TRUSTEE

Board

2 hrs/wk

RACHELLE HARLEY THOMPSON

TRUSTEE

Board

2 hrs/wk

SUSAN THOMSON SHI

TRUSTEE

Board

2 hrs/wk

MATTHEW WALLIS WILSON

TRUSTEE

Board

2 hrs/wk

C KEMMONS W WILSON III

TRUSTEE

Board

2 hrs/wk

KEVIN T BYRNE

CHAIR

Board

2 hrs/wk

RICHARD N WRENN JR

TRUSTEE

Board

2 hrs/wk

ROBERT E HILL JR

VICE CHAIR

Board

2 hrs/wk

CHRISTINA NEWSOM BYRON

SECRETARY

Board

2 hrs/wk

CHARLES AMBROSE

TRUSTEE

Board

2 hrs/wk

KRISTIN BAUCOM DAVIES

TRUSTEE

Board

2 hrs/wk

JOLLEY BRUCE CHRISTMAN

TRUSTEE

Board

2 hrs/wk

KEVIN R BRYANT

TRUSTEE

Board

2 hrs/wk

THOMAS CULLEN

TRUSTEE

Board

2 hrs/wk

CYNTHIA DAVIS

TRUSTEE

Board

2 hrs/wk

LEE C DILLWORTH

TRUSTEE

Board

2 hrs/wk

FRANCES ELLISON

TRUSTEE

Board

2 hrs/wk

JOHANNA FRIERSON

TRUSTEE

Board

2 hrs/wk

DAVID L HAUSER

TRUSTEE

Board

2 hrs/wk

MARK KAISER

TRUSTEE

Board

2 hrs/wk

RAYMOND KING

TRUSTEE

Board

2 hrs/wk

JAMES A LANIER JR

TRUSTEE

Board

2 hrs/wk

DAVID LAXER

TRUSTEE

Board

2 hrs/wk

ANTHONY WILTON MCDADE

TRUSTEE

Board

2 hrs/wk

ROBERT RICHEY

MEN'S HEAD BASKETBALL COACH

Staff

$646K

40 hrs/wk

CLAYTON HENDRIX

HEAD FOOTBALL COACH

Staff

$321K

40 hrs/wk

ROBERT KENNEY

CHIEF INVESTMENT OFFICER

Staff

$292K

40 hrs/wk

DANNY TANG

CHIEF INFORMATION OFFICER

Staff

$233K

40 hrs/wk

GEORGE SHIELDS

PROFESSOR OF CHEMISTRY

Staff

$207K

40 hrs/wk

JEREMY CASS

DEAN OF FACULTY

Staff

$204K

40 hrs/wk

DON GORDON

RILEY INSTITUTE FOUNDING DIRECTOR

Staff

$192K

40 hrs/wk

MEREDITH GREEN

GENERAL COUNSEL

Staff

$191K

40 hrs/wk

ELIZABETH SEMAN

CHIEF OF STAFF

Staff

$184K

40 hrs/wk

JEFF REDDERSON

ASSOCIATE VP FOR FACILITIES

Staff

$177K

40 hrs/wk

Independent contractors

TRIANGLE CONSTRUCTION CO

CONSTRUCTION

$17.2M

THE HARPER CORPORATION

CONSTRUCTION

$12.0M

COMPASS GROUP USA INC

DINING SERVICES

$10.5M

BETSCH ASSOCIATES INC

ARCHITECTS

$1.4M

JD LANE CONSTRUCTION LLC

CONSTRUCTION

$884K

Grants received

Showing 200 of 629

FromAmountPurposeYear
$5.4M
GENERAL OPERATING SUPPORT
2024
$1M
FOR GENERAL OPERATING SUPPORT
2024
$377K
For general scholarship support.
2024
$256K
SUPPORTING THE BUSINESS SCHOOL
2024
$200K
MARSHALL AND VERA LEE RINKER SCHOLARSHIP PROGRAMS
2024
$200K
Jean Timmons Pelham Endowed Scholarship fund
2024
$143K
OPERATIONAL SUPPORT
2024
$140K
UNRESTRICTED GENERAL
2024
$125K
DESIGNATED FOR THE RENOVATION OF TIMMONS ARENA
2024
$125K
Timmons Arena Basketball Renovation Project
2024
$120K
To support the White-Riley-Peterson Policy Institute that will develop a broad cross-section of emerging leaders from the afterschool and education fields.
2024
$100K
Support of Renovation and Expansion of Timmons Arena
2024
$100K
UNRESTRICTED GENERAL SUPPORT
2024
$95K
VARIOUS EDUCATIONAL PURPOSES
2024
$93K
AWARDED SCHOLARSHIP GRANTS
2024
$81K
Basketball Facility Enhancement Fund
2024
$78K
GENERAL SUPPORT
2024
$78K
GENERAL SUPPORT
2024
$58K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$50K
FUNDING RILEY INSTITUTE
2024
$50K
Timmons Arena Expansion Fund
2024
$50K
Renovation Fund for Timmons Arena
2024
$50K
CHARITABLE DONATION
2024
$50K
Timmons Arena Renovation Fund
2024
$35K
GENERAL SUPPORT
2024
$35K
UNRESTRICTED GENERAL
2024
$30K
Timmons Arena Construction Project Fund
2024
$29K
LINDA HALTER SCHOLARSHIP FUND
2024
$25K
PROGRAM ALLOCATION
2024
$25K
General & Unrestricted
2024
$25K
Timmons Arena fund
2024
$21K
COLLEGES AND UNIVERSITIES
2024
$20K
FURMAN UNIVERSITY ATHLETICS
2024
$15K
Furman Men's Basketball Strategic Fund
2024
$14K
UNRESTRICTED GENERAL
2024
$13K
RFS and Paladin Club
2024
$13K
TIMMONS PAVERS
2024
$12K
General Support
2024
$10K
FURTHERANCE OF CHARITABLE GOALS
2024
$10K
BUSINESS DEPT SPECIAL NEEDS FUND
2024
$10K
General & Unrestricted
2024
$10K
CHARITABLE GIFT
2024
$10K
TRONE STUDENT CENTER PLEDGE
2024
$10K
Charitable Contribution
2024
$10K
HILL INSTITUTE
2024
$8K
EDUCATION OPERATING SUPPORT
2024
$8K
SCHOLARSHIP
2024
$5K
Operations
2024
$5K
UNRESTRICTED
2024
$5K
SCHOLARSHIP
2024
$5K
SUPPORT OF THE FURMAN FUND AT FURMAN
2024
$5K
EDUCATION
2024
$2K
EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS
2024
$1K
MATCHING GIFT FOR BOARD MEMBERS & EMPLOYEES
2024
$250
MATCHING GIFTS
2024
$250
Financial Assistance
2024
$200
Organization's established charitable purpose.
2024
$200
ORGANIZATIONAL DEVELOPMENT
2024
$5.2M
GENERAL OPERATING SUPPORT
2023
$5M
TO COMMEMORATE THE DUKE ENDOWMENTS CENTENNIAL, UNRESTRICTED OPERATING SUPPORT DUE TO FINANCIAL HARDSHIP.
2023
$4.3M
TO CONTINUE TO SUPPORT STRENGTHENING AND EXPANDING THE FURMAN ADVANTAGE.
2023
$4.1M
TO COMMEMORATE THE DUKE ENDOWMENTS CENTENNIAL, UNRESTRICTED OPERATING SUPPORT DUE TO FINANCIAL HARDSHIP.
2023
$2M
TO CONTINUE TO SUPPORT STRENGTHENING AND EXPANDING THE FURMAN ADVANTAGE.
2023
$1.8M
TO PROVIDE UNRESTRICTED OPERATING SUPPORT.
2023
$690K
For grant recipient's exempt purposes
2023
$513K
Grants/Scholarships
2023
$500K
UNRESTRICTED
2023
$377K
For general scholarship support.
2023
$333K
GENERAL PURPOSE
2023
$330K
UNIVERSITY SUPPORT
2023
$321K
RESEARCH, GENERAL SUPPORT & EDUCATION
2023
$280K
TO SUPPORT GALLUPS CONTINUED EVALUATION OF THE FURMAN ADVANTAGE.
2023
$276K
OPERATIONAL SUPPORT
2023
$260K
ACADEMIC & ATHLETICS SUPPORT
2023
$257K
$156,655.50 FOR HILL FAMILY ENDOWMENT FOR INNOVATION & ENTREPRENEURSHIP$25,000 FOR OPERATING$25,000 FOR THE HILL SCHOLARSHIP$50,000 FOR BASKETBALL FACILITIES
2023
$254K
SUPPORTING THE BUSINESS SCHOOL
2023
$220K
To support the White-Riley-Peterson Policy Institute that will develop a broad cross-section of emerging leaders from the afterschool and education fields.
2023
$200K
MARSHALL AND VERA LEE RINKER SCHOLARSHIP
2023
$190K
UNRESTRICTED GENERAL SUPPORT
2023
$150K
GENERAL SUPPORT
2023
$143K
UNRESTRICTED GENERAL
2023
$131K
Basketball Facility Enhancement Fund
2023
$125K
DESIGNATED FOR THE RENOVATION OF TIMMONS ARENA
2023
$121K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$100K
Timmons Arena Basketball Arena Renovation project
2023
$87K
AWARDED SCHOLARSHIP GRANTS
2023
$75K
General & Unrestricted
2023
$74K
GENERAL SUPPORT
2023
$68K
COLLEGE ADVISING PROGRAM OPERATIONS
2023
$54K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$50K
TO FURTHER THE PURPOSE OF THE CHARITABLE ORGANIZATION
2023
$50K
Timmons Arena Expansion
2023
$50K
SUPPORT STUDENT SCHOLARSHIPS
2023
$45K
GENERAL SUPPORT
2023
$41K
SUPPORT SC PERSONALIZED COMPETENCY-BASED LEARNING STUDY
2023
$41K
VARIOUS EDUCATIONAL PURPOSES
2023
$32K
UNRESTRICTED GENERAL
2023
$32K
UNRESTRICTED GENERAL
2023
$31K
UNIVERSITY OR PRIVATE SCHOOL
2023
$31K
TO SUPPORT NATIONAL HUMANITIES CENTER SUMMER RESIDENCIES FOR FACULTY.
2023
$30K
General support for programs, operations and other charitable purposes
2023
$30K
ACADEMIC & ATHLETICS SUPPORT
2023
$28K
CHARITABLE DONATION
2023
$25K
CHARITABLE DONATION
2023
$25K
SUPPORT RECIPIENT'S TAX EXEMPT PROGRAM
2023
$25K
EDUCATION
2023
$20K
DONOR DESIGNATION, PROGRAM ALLOCATION, SCHOLARSHIP
2023
$20K
Charitable Contribution
2023
$20K
SCHOLARSHIP FOR YAQUELIN ALVARADO ANTUNEZ
2023
$18K
UNRESTRICTED GENERAL
2023
$18K
TO FURTHER ORGANIZATION'S OBJECTIVES
2023
$16K
MATCHING GIFTS
2023
$15K
TO SUPPORT GENERAL OPERATIONS OF THE ORGANIZATION
2023
$13K
General Support
2023
$10K
HILL INSTITUTE
2023
$10K
Fund education programs
2023
$10K
FURTHERANCE OF CHARITABLE GOALS
2023
$10K
EDUCATION
2023
$10K
Contribution - Scholarships
2023
$10K
Furman Basketball Identity Group
2023
$10K
GENERAL CHARITABLE SUPPORT
2023
$9K
EDUCATION OPERATING SUPPORT
2023
$9K
GENERAL SUPPORT
2023
$8K
MATCHING GIFTS
2023
$6K
GENERAL OPERATING SUPPORT
2023
$6K
GENERAL OPERATING SUPPORT
2023
$6K
OPERATING FUNDS
2023
$6K
GENERAL OPERATING SUPPORT
2023
$6K
TENSOR SUMMA PROGRAM
2023
$6K
EDUCATION OPERATING SUPPORT - ANNUAL FUND
2023
$6K
IMPROVING EDUCATIONAL OPPORTUNITIES
2023
$5K
TO FURTHER CHARITABLE PURPOSES
2023
$5K
Operations
2023
$5K
OTHER CIVIC / COMMUNITY
2023
$5K
SUPPORT OF THE FURMAN FUND AT FURMAN
2023
$5K
2022 - ANNUAL OPERATING PLEDGE
2023
$5K
2023 - ANNUAL OPERATING PLEDGE
2023
$5K
COMMUNITY, YOUTH AND ARTS DEVELOPMENT
2023
$5K
UNRESTRICTED
2023
$5K
General & Unrestricted
2023
$5K
TO PROVIDE A GIVING BACK SCHOLARSHIP TO A LOCAL GRADUATING SENIOR.
2023
$3K
GENERAL CHARITABLE PURPOSES
2023
$3K
UNDERGRADUATE SCHOLAR AWARDS
2023
$3K
MATCHING GIFTS
2023
$3K
2023 MERCURY Conference
2023
$3K
GENERAL PURPOSES
2023
$3K
UNRESTRICTED GENERAL
2023
$2K
EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS
2023
$2K
SCHOLARSHIP
2023
$2K
DONATION
2023
$1K
SUPPORT THE CHARITABLE PURPOSE OF THE RECIPIENT ORGANIZATION
2023
$1K
FOR GENERAL OPERATING SUPPORT
2023
$1K
GENERAL SUPPORT
2023
$1K
MATCHING GIFT FOR BOARD MEMBERS & EMPLOYEES
2023
$1K
RESTRICTED - $1,000 FOR FURMAN UNIVERSITY'S MUSIC DEPARTMENT
2023
$1K
General Fund
2023
$750
OTHER CIVIC / COMMUNITY
2023
$500
501(C)(3) EDUCATIONAL INSTITUTION CONTRIBUTION
2023
$400
OTHER CIVIC / COMMUNITY
2023
$350
EDUCATION
2023
$125
OTHER CIVIC / COMMUNITY
2023
$125
MATCHING GIFTS
2023
$100
ORGANIZATIONAL DEVELOPMENT
2023
$9.3M
TO COMMEMORATE THE DUKE ENDOWMENTS CENTENNIAL, UNRESTRICTED OPERATING SUPPORT DUE TO FINANCIAL HARDSHIP.
2022
$5M
TO PROVIDE ADDITIONAL ENDOWMENT FUNDS TO THE JAMES B. DUKE SCHOLARSHIP.
2022

Funded by

$124.7M from 200 funders · 629 grants · 2017–2024

The Duke Endowment

$61.5M · 25 grants · 2020–2023

Hollingsworth Funds Inc

$19.7M · 4 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$4.0M · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$3.2M · 7 grants · 2017–2023

National Collegiate Athletic Association

$3.0M · 6 grants · 2017–2023

American Heart Association Inc

$2.6M · 1 grant · 2023

Furman University Foundation Inc

$2.3M · 8 grants · 2017–2023

The David And June Trone Family

$2.1M · 6 grants · 2020–2022

Details

EIN570314395
NTEE codeB420
Subsection03
Ruling date1937-08
Formed1826
Employees2444
Volunteers31
FURMAN UNIVERSITY — Mission, Financials & Grants Received | Grantivo