EIN 57-0314395

Furman University

IRS 501(c) type
501(c)(3)
Num. employees
2,703
Year formed
1826
Most recent tax filings
2020-06-01
Description
The primary mission of Furman as a liberal arts institution is to provide a distinctive undergraduate education encompassing humanities, fine arts, social sciences, mathematics and the natural sciences, and selected professional disciplines.
Total revenues
$208,077,263
2020
Total expenses
$233,094,116
2020
Total assets
$1,049,847,532
2020
Num. employees
2,703
2020

Program areas at Furman University

Instruction of students in both undergraduate and graduate programs. The 4 year pathway for students instituted by the Furman advantage includes study away programs in more than 20 countries most of which are led by Furman faculty, career focused internships and community involvement. Scholarships are awarded to eligible students based on financial need and academic merit.
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$162,500
Venture CarolinaSponsorship$25,000
Greenville Chamber of CommerceSponsorship$16,100
...and 4 more grants made

Who funds Furman University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Duke EndowmentTo Support ""the Furman Advantage"" Through Strategic Initiatives That Will Help the University Become More Competitive in the Marketplace and Better Meet the Needs of Students.$6,561,759
Duke EndowmentTo Provide Unrestricted Operating Support.$1,400,000
Duke EndowmentTo Provide Additional Endowment Funds To the James B. Duke Scholarship.$1,000,000
...and 99 more grants received totalling $14,222,275
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$10,683,484
Department of EducationFEDERAL PERKINS LOAN-FEDERAL CAPITAL CONTRIBUTIONS$3,411,491
Department of EducationFEDERAL PELL GRANT PROGRAM$1,500,092
...and 23 more federal grants / contracts

Personnel at Furman University

NameTitleCompensation
Tony R ThenePresident and CEO$0
Kristopher N KapoorChief Investment Officer$255,089
David SteinourChief Information Officer$276,789
Liz SemanChief of Staff
Susan A. MadduxVice President for Finance and Administration / Vice President of Finance and Administration / Vice President Finance and Administration$262,690
...and 23 more key personnel

Financials for Furman University

RevenuesFYE 06/2020
Total grants, contributions, etc.$23,276,048
Program services$169,959,276
Investment income and dividends$10,050,759
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,470,863
Net gain from sale of non-inventory assets$3,329,337
Net income from fundraising events$50,189
Net income from gaming activities$0
Net income from sales of inventory$-59,209
Miscellaneous revenues$0
Total revenues$208,077,263

Form 990s for Furman University

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-26990View PDF
2019-062020-09-22990View PDF
2018-062019-07-05990View PDF
2017-062018-11-15990View PDF
2016-062017-10-04990View PDF
...and 6 more Form 990s

Organizations like Furman University

OrganizationLocationRevenue
Pepperdine UniversityMalibu, CA$580,174,202
Academy of the New Church Secondary Schools (ANCSS)Bryn Athyn, PA$53,821,193
Seattle Pacific University (SPU)Seattle, WA$170,237,261
Ashland UniversityAshland, OH$143,121,550
Anderson University (AU)Anderson, SC$102,222,517
Canisius CollegeBuffalo, NY$104,781,287
Charleston Southern UniversityCharleston, SC$94,488,376
Bethel UniversitySaint Paul, MN$146,758,836
York College of PennsylvaniaYork, PA$124,696,410
Ouachita Baptist University (OBU)Arkadelphia, AR$71,056,315
Data update history
August 3, 2022
Received grants
Identified 22 new grant, including a grant for $525,000 from Prisma Health-Upstate
September 28, 2021
Received grants
Identified 38 new grant, including a grant for $297,613 from Furman University Foundation
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 31, 2021
Updated personnel
Identified 10 new personnel
July 27, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
EducationArts, cultural, and humanities
Characteristics
Operates donor advised fundsFundraising eventsPeer-to-peer fundraisingOperates internationallyState / local levelReceives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible 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
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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