EIN 57-0314395

Furman University

IRS 501(c) type
501(c)(3)
Num. employees
2,403
Year formed
1826
Most recent tax filings
2023-06-01
Description
Furman University provides a distinctive liberal arts education with a personalized four-year pathway in Greenville, SC.
Total revenues
$223,194,398
2023
Total expenses
$256,073,141
2023
Total assets
$1,280,396,314
2023
Num. employees
2,403
2023

Program areas at Furman University

Instruction of students in both undergraduate and graduate programs. A personalized four-year pathway for students instituted by the Furman advantage includes high impact, engaged learning through research, internships, and study abroad programs. Scholarships are awarded to eligible students based on financial need and academic merit.
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.
Student services includes intercollegiate athletics, intramural and club sports, enrollment management, student government and a large variety of student organizations, services and activities.

Grants made by Furman University

GranteeGrant descriptionAmount
Upcountry History MuseumOperating Support$100,000
Empire Mock Trial AssociationSponsorship$15,000
South Carolina CharitiesSponsorship$12,000
...and 5 more grants made

Who funds Furman University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Duke EndowmentTo Commemorate the Duke Endowments Centennial, Unrestricted Operating Support Due To Financial Hardship.$9,300,000
Duke EndowmentTo Provide Additional Endowment Funds To the James B. Duke Scholarship.$5,000,000
Hollingsworth FundsGeneral Operating Support$4,902,981
...and 131 more grants received totalling $36,807,779

Personnel at Furman University

NameTitleCompensation
Robert KenneyChief Investment Officer$273,490
Anthony HerreraChief Innovation Officer$220,863
David P SteinourChief Information Officer / Vice President for It / Associate Vice President for Information Technology$269,772
Elizabeth SemanChief of Staff$175,587
Susan MadduxVice President for Finance and Administration$350,377
...and 24 more key personnel

Financials for Furman University

RevenuesFYE 06/2023
Total grants, contributions, etc.$28,517,280
Program services$172,953,629
Investment income and dividends$16,491,033
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$511,502
Net gain from sale of non-inventory assets$4,669,837
Net income from fundraising events$51,117
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$223,194,398

Form 990s for Furman University

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-26990View PDF
2019-062020-09-22990View PDF
...and 9 more Form 990s

Organizations like Furman University

OrganizationLocationRevenue
AMHERST COLLEGE TrusteesAmherst, MA$379,275,079
Wheaton CollegeWheaton, IL$181,635,763
Williams CollegeWilliamstown, MA$424,095,865
Abilene Christian University (ACU)Abilene, TX$314,810,886
Northwestern Media (UNWSP)Saint Paul, MN$124,259,575
Indiana Wesleyan University (IWU)Marion, IN$197,828,333
New York Medical College (NYMC)Valhalla, NY$117,885,144
Mitchell Hamline School of LawSaint Paul, MN$62,006,087
Canisius UniversityBuffalo, NY$99,933,030
Corporation of Haverford CollegeHaverford, PA$211,707,370
Data update history
August 25, 2024
Received grants
Identified 50 new grant, including a grant for $1,500,000 from The David and June Trone Family Foundation
July 17, 2024
Updated personnel
Identified 11 new personnel
July 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 8, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $143,131 from Julia W Croft Charitable Trust
Nonprofit Types
Grantmaking organizationsSchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Operates donor advised fundsFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
3300 Poinsett Hwy
Greenville, SC 29613
Metro area
Greenville-Anderson, SC
County
Greenville County, SC
Website URL
furman.edu/ 
Phone
(864) 294-3496
Facebook page
FurmanUniversity 
Twitter profile
@furmannews 
IRS details
EIN
57-0314395
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1826
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0178071
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
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