FURMAN UNIVERSITY: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: FURMAN UNIVERSITY (EIN 57-0314395)
Tax period: 2018-07-01 to 2019-06-30
Filed: 2020-07-15
IRS object ID: 202041979349304134
Schema version: 2018v3.1
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	2020-07-15T13:03:00-05:00	ReturnTs
Tax Period End	2019-06-30	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	2018-07-01	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	SUSAN MADDUX	PersonNm
Person Title	VP OF FINANCE & ADMINISTRATION	PersonTitleTxt
Signature	2020-07-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	AMANDA ADAMS CPA	PreparerPersonNm
PTIN	P00748038	PTIN
Phone	8642333981	PhoneNum

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-09-23 17:36:50Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DR ELIZABETH DAVIS	BusinessNameLine1Txt

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

Field	Value	IRS element (for citing)
Gross Receipts	$341,500,085	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 DISTINCTIVE UNDERGRADUATE AND GRADUATE EDUCATION EMPHASIZING AN ENGAGED APPROACH COMBINING CLASSROOM LEARNING WITH REAL WORLD EXPERIENCES AND SELF-DISCOVERY.	ActivityOrMissionDesc
Voting Members Governing Body	31	VotingMembersGoverningBodyCnt
Voting Members Independent	30	VotingMembersIndependentCnt
Total Employee	2704	TotalEmployeeCnt
Total Volunteers	75	TotalVolunteersCnt
Total Gross UBI	-$1,604,703	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$24,479,236	PYContributionsGrantsAmt
CY Contributions Grants	$26,194,545	CYContributionsGrantsAmt
PY Program Service Revenue	$171,747,406	PYProgramServiceRevenueAmt
CY Program Service Revenue	$177,663,493	CYProgramServiceRevenueAmt
PY Investment Income	$36,138,541	PYInvestmentIncomeAmt
CY Investment Income	$28,706,816	CYInvestmentIncomeAmt
PY Other Revenue	$2,678,609	PYOtherRevenueAmt
CY Other Revenue	$1,772,161	CYOtherRevenueAmt
PY Total Revenue	$235,043,792	PYTotalRevenueAmt
CY Total Revenue	$234,337,015	CYTotalRevenueAmt
PY Grants And Similar Paid	$71,384,546	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$72,271,417	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$89,877,273	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$92,720,456	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$3,862,681	CYTotalFundraisingExpenseAmt
PY Other Expenses	$69,257,682	PYOtherExpensesAmt
CY Other Expenses	$72,522,097	CYOtherExpensesAmt
PY Total Expenses	$230,519,501	PYTotalExpensesAmt
CY Total Expenses	$237,513,970	CYTotalExpensesAmt
PY Revenues Less Expenses	$4,524,291	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$3,176,955	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,117,274,760	TotalAssetsBOYAmt
Total Assets EOY	$1,092,540,721	TotalAssetsEOYAmt
Total Liabilities BOY	$138,582,015	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$126,688,867	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$978,692,745	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$965,851,854	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	$155,981,477	ExpenseAmt
Grant	$72,271,417	GrantAmt
Revenue	$137,510,639	RevenueAmt
Desc	INSTRUCTION OF APPROXIMATELY 2,900 STUDENTS IN 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.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$30,520,397	ExpenseAmt
Revenue	$4,218,160	RevenueAmt
Desc	STUDENT SERVICES INCLUDES INTERCOLLEGIATE ATHLETICS, INTRAMURAL AND CLUB SPORTS, ENROLLMENT MANAGEMENT, STUDENT GOVERNMENT AND A LARGE VARIETY OF STUDENT ORGANIZATIONS, SERVICES AND ACTIVITIES.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$23,399,716	ExpenseAmt
Revenue	$32,949,611	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, DINING SERVICES, GOLF COURSE, SPORTS ARENA AND CONFERENCE CENTER.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Revenue	$3,330,285	RevenueAmt
Desc	MISCELLANEOUS REVENUE FROM CONTRACTS AND FEES FROM EXEMPT FUNCTION UNIVERSITY ACTIVITIES	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Revenue	$3,330,285	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$209,901,590	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
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	387	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	2704	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	Yes (true)	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
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	31	GoverningBodyVotingMembersCnt
Independent Voting Member	30	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	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 (50 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
A ALEXANDER TAYLOR
CHAIR	2.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
P EDWIN GOOD
VICE CHAIR	2.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
YENDELELA NEELY HOLSTON
SECRETARY	2.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
JOHN DONALD ANDERSON
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
ROBERT L BLOCKER
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
KEVIN R BRYANT
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
KEVIN T BYRNE
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
RICHARD CULLEN
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
LEE C DILWORTH
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
DAVID G ELLISON
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
SEAN P HARTNESS
TRUSTEE	2.0	1.0	Yes (X)		$0	$0	$0
DAVID L HAUSER
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
FRANCIE M HELLER
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
GORDON R HERRING
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
ROBERT E HILL JR
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
STANFORD J JENNINGS
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
CARL F KOHRT
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
JAMES A LANIER JR
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
MARY SEAWELL METZ
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
JAMES M NEY
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
JASON W RICHARDS
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
DANIEL S SANDERS JR
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
SUSAN T SHI
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
PEACE STERLING SULLIVAN
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
BRENDA J THAMES
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
TONY R THENE
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
RACHELLE H THOMPSON
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
WILLIAM R TIMMONS III
TRUSTEE	2.0	1.0	Yes (X)		$0	$0	$0
DAVID J TRONE
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
BAXTER M WYNN
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
JOHN C YATES
TRUSTEE	2.0	0.0	Yes (X)		$0	$0	$0
DR ELIZABETH DAVIS
PRESIDENT	40.0	0.0		Yes (X)	$519,546	$0	$67,164
GEORGE C SHIELDS
VP FOR AA & PROVOST	40.0	0.0		Yes (X)	$273,030	$0	$59,277
MICHAEL HENDRICKS
VP ENROLLMENT MGMT	40.0	0.0		Yes (X)	$272,716	$0	$66,405
DAVID P STEINOUR
CHIEF INFORMATION OFFICER	40.0	0.0		Yes (X)	$266,192	$0	$39,453
MICHAEL J BUDDIE
ATHLETICS DIRECTOR	40.0	0.0		Yes (X)	$254,787	$0	$49,470
THOMAS E EVELYN II
VP COMMUNICATION	40.0	0.0		Yes (X)	$229,456	$0	$55,269
MARY LOU MERKT
VP FINANCE & ADMINISTRATION THRU OCTOBER 2018	40.0	1.0		Yes (X)	$223,438	$0	$33,928
CONNIE L CARSON
VP STUDENT LIFE	40.0	0.0		Yes (X)	$194,111	$0	$34,599
HEIDI MCCRORY
VP DEVELOPMENT	40.0	0.0		Yes (X)	$142,536	$0	$31,715
SUSAN MADDUX
VP FINANCE & ADMINISTRATION BEG. NOVEMBER 2018	40.0	1.0		Yes (X)	$30,048	$0	$1,000
SHON HERRICK
INTERIM VP DEVELOPMENT	40.0	0.0		Yes (X)	$162,541	$0	$56,695
KRISTOPHER N KAPOOR
CHIEF INVESTMENT OFFICER	40.0	0.0			$222,563	$0	$50,250	Yes (X)
KENNETH PETERSON
DEAN OF FACULTY	40.0	0.0			$176,087	$0	$44,464	Yes (X)
JEFF REDDERSON
AVP FACILITIES	40.0	0.0			$161,307	$0	$36,480	Yes (X)
MICHAEL GATCHELL
FORMER VP DEVELOPMENT	40.0	0.0			$185,225	$0	$35,029		Yes (X)
CLAYTON HENDRIX
HEAD COACH FOOTBALL	40.0	0.0			$276,768	$0	$50,828		Yes (X)
RICHARD FRANCIS MEADE
MEN'S LACROSSE COACH	40.0	0.0			$255,679	$0	$32,845		Yes (X)
ROBERT RICHEY
MEN'S BASKETBALL COACH	40.0	0.0			$201,285	$0	$42,458		Yes (X)
DONALD GORDAN
EXECUTIVE DIRECTOR RILEY INSTITUTE	40.0	0.0			$177,502	$0	$32,284		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$4,224,817	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$819,613	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	139	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	Address Line2ContractorAddress/USAddress/AddressLine2Txt
COMPASS GROUP USA
PO BOX 91337	CHICAGO	IL	606931337	DINING CATERING	$7,550,663
Sierra-Cedar Inc
PO Box 402521	Atlanta	GA	303842521	Consulting	$1,226,053
Educational Programmes Abroad Inc
500 Joseph C Wilson Blvd	Rochester	NY	14627	Student Services	$858,245	Dewey 2-147
Workday Inc
PO Box 396106	San Francisco	CA	941396106	ERP SOFTWARE	$634,940
Lakeland Holdings LLC
218 West Water Street	Charlottesville	VA	22902	Travel Services	$613,057	Suite 400

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	37	CntrctRcvdGreaterThan100KCnt
Fundraising	$38,690	FundraisingAmt
Related Organizations	$199,793	RelatedOrganizationsAmt
Government Grants	$2,010,948	GovernmentGrantsAmt
All Other Contributions	$23,945,114	AllOtherContributionsAmt
Noncash Contributions	$1,468,067	NoncashContributionsAmt
Total Contributions	$26,194,545	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES	611710	$137,510,639	$137,510,639
ROOM AND BOARD	611710	$32,949,611	$32,949,611
INTERCOLLEGIATE ATHLETICS	611710	$4,218,160	$4,218,160
OTHER INCOME	611600	$2,985,083	$2,985,083

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$177,663,493	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$11,489,748	TotalRevenueColumnAmt
Unrelated Business Revenue	-$1,634,995	UnrelatedBusinessRevenueAmt
Exclusion	$13,124,743	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$3,392,749	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$1,719,401	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,673,348	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,673,348	TotalRevenueColumnAmt
Related Or Exempt Func Income	$363,104	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$27,468	UnrelatedBusinessRevenueAmt
Exclusion	$1,282,776	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$122,377,181	SecuritiesAmt
Other	$26,548	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$105,157,560	SecuritiesAmt
Other	$29,101	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$17,219,621	SecuritiesAmt
Other	-$2,553	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$17,217,068	TotalRevenueColumnAmt
Exclusion	$17,217,068	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$200,543	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$38,690	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$86,652	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$113,891	TotalRevenueColumnAmt
Exclusion	$113,891	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$155,278	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$170,356	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$15,078	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$17,902	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$2,824	UnrelatedBusinessRevenueAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$234,337,015	TotalRevenueColumnAmt
Related Or Exempt Func Income	$178,008,695	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$1,604,703	UnrelatedBusinessRevenueAmt
Exclusion	$31,738,478	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$563,956	TotalAmt
Program Services	$563,956	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$71,707,461	TotalAmt
Program Services	$71,707,461	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,329,992	TotalAmt
Program Services	$1,424,946	ProgramServicesAmt
Management And General	$1,510,241	ManagementAndGeneralAmt
Fundraising	$394,805	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$64,523,684	TotalAmt
Program Services	$57,691,236	ProgramServicesAmt
Management And General	$4,785,678	ManagementAndGeneralAmt
Fundraising	$2,046,770	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$6,620,513	TotalAmt
Program Services	$5,693,641	ProgramServicesAmt
Management And General	$662,051	ManagementAndGeneralAmt
Fundraising	$264,821	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$13,517,673	TotalAmt
Program Services	$11,574,604	ProgramServicesAmt
Management And General	$1,217,074	ManagementAndGeneralAmt
Fundraising	$725,995	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$4,728,594	TotalAmt
Program Services	$4,255,735	ProgramServicesAmt
Management And General	$472,859	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$469,157	TotalAmt
Management And General	$469,157	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$85,303	TotalAmt
Management And General	$85,303	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$3,326,195	TotalAmt
Management And General	$3,326,195	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$9,823,776	TotalAmt
Program Services	$6,594,527	ProgramServicesAmt
Management And General	$3,096,653	ManagementAndGeneralAmt
Fundraising	$132,596	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,455,069	TotalAmt
Program Services	$3,289,092	ProgramServicesAmt
Management And General	$1,139,582	ManagementAndGeneralAmt
Fundraising	$26,395	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$4,681,616	TotalAmt
Program Services	$2,044,766	ProgramServicesAmt
Management And General	$2,537,109	ManagementAndGeneralAmt
Fundraising	$99,741	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,373,229	TotalAmt
Program Services	$2,698,585	ProgramServicesAmt
Management And General	$674,322	ManagementAndGeneralAmt
Fundraising	$322	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$10,965,660	TotalAmt
Program Services	$10,576,941	ProgramServicesAmt
Management And General	$355,104	ManagementAndGeneralAmt
Fundraising	$33,615	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$2,488,304	TotalAmt
Program Services	$2,456,207	ProgramServicesAmt
Management And General	$18,838	ManagementAndGeneralAmt
Fundraising	$13,259	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,476,997	TotalAmt
Program Services	$3,251,540	ProgramServicesAmt
Management And General	$225,457	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$14,125,100	TotalAmt
Program Services	$12,921,533	ProgramServicesAmt
Management And General	$1,203,567	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$830,928	TotalAmt
Management And General	$830,928	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
MEAL PLANS	$7,642,547	$7,642,547
GRANTS EXPENSE	$446,924	$446,924
REPAIRS & MAINTENANCE	$695,955		$695,955
TAXES	$79,072		$78,860	$212

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,556,265	TotalAmt
Program Services	$5,067,349	ProgramServicesAmt
Management And General	$364,766	ManagementAndGeneralAmt
Fundraising	$124,150	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$237,513,970	TotalAmt
Program Services	$209,901,590	ProgramServicesAmt
Management And General	$23,749,699	ManagementAndGeneralAmt
Fundraising	$3,862,681	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$11,933,769	BOYAmt
EOY	$13,624,048	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$23,209,266	BOYAmt
EOY	$16,901,809	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$33,298,114	BOYAmt
EOY	$23,937,889	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,811,882	BOYAmt
EOY	$5,725,860	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$286,202	BOYAmt
EOY	$272,044	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,805,960	BOYAmt
EOY	$2,868,543	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$478,642,014	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$208,860,586	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$273,290,153	BOYAmt
EOY	$269,781,428	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$115,069,333	BOYAmt
EOY	$92,821,230	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$478,428,292	BOYAmt
EOY	$499,380,880	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$3,790,421	BOYAmt
EOY	$3,000,169	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$171,351,368	BOYAmt
EOY	$164,226,821	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,117,274,760	BOYAmt
EOY	$1,092,540,721	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$7,309,502	BOYAmt
EOY	$8,046,637	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$8,566,692	BOYAmt
EOY	$7,970,239	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$111,905,000	BOYAmt
EOY	$102,823,005	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$26,351	BOYAmt
EOY	$41,488	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$10,774,470	BOYAmt
EOY	$7,807,498	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$138,582,015	BOYAmt
EOY	$126,688,867	EOYAmt

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$353,407,962	BOYAmt
EOY	$356,011,213	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$409,041,941	BOYAmt
EOY	$389,745,098	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$216,242,842	BOYAmt
EOY	$220,095,543	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$978,692,745	BOYAmt
EOY	$965,851,854	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,117,274,760	BOYAmt
EOY	$1,092,540,721	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$3,176,955	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$9,549,885	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$114,051	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	$18,765,448	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$63,073,720	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$28,009,766	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$24,479,236	CurrentTaxYearMinus1YearAmt
Current Tax Year	$26,194,545	CurrentTaxYearAmt
Total	$160,522,715	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$18,765,448	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$63,073,720	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$28,009,766	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$24,479,236	CurrentTaxYearMinus1YearAmt
Current Tax Year	$26,194,545	CurrentTaxYearAmt
Total	$160,522,715	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$56,334,003	SubstantialContributorsTotAmt
Public Support Total170	$104,188,712	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$21,822,641	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$10,710,160	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$11,843,285	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$15,778,991	CurrentTaxYearMinus1YearAmt
Current Tax Year	$13,052,566	CurrentTaxYearAmt
Total	$73,207,643	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$233,730,358	TotalSupportAmt
Gross Receipts Rltd Activities	$848,764,710	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.4458	PublicSupportCY170Pct
Public Support PY170	0.4216	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule A, Part I

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.

Schedule A, Part II, Line 10 Other Income

DESCRIPTION - , COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 0;

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 D IRS990ScheduleD

Field	Value	IRS element (for citing)
Donor Advised Funds Held	7	DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri	$322,334	DonorAdvisedFundsContriAmt
Donor Advised Funds Grants	$262,793	DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY	$2,859,373	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	$3,721,877	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	$702,854,866	BeginningYearBalanceAmt
Contributions	$15,062,542	ContributionsAmt
Investment Earnings Or Losses	$16,900,125	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$12,533,250	GrantsOrScholarshipsAmt
Other Expenditures	$24,647,089	OtherExpendituresAmt
Administrative Expenses	$3,365,458	AdministrativeExpensesAmt
End Year Balance	$694,271,736	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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	$3,318,336	AdministrativeExpensesAmt
End Year Balance	$702,854,866	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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	$3,821,337	AdministrativeExpensesAmt
End Year Balance	$661,046,233	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

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

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.1698	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.2919	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.5383	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	$33,977,554	OtherCostOrOtherBasisAmt
Book Value	$33,977,554	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$339,660,913	OtherCostOrOtherBasisAmt
Depreciation	$137,475,833	DepreciationAmt
Book Value	$202,185,080	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$74,807,344	OtherCostOrOtherBasisAmt
Depreciation	$50,804,787	DepreciationAmt
Book Value	$24,002,557	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$30,196,203	OtherCostOrOtherBasisAmt
Depreciation	$20,579,966	DepreciationAmt
Book Value	$9,616,237	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$269,781,428	TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$443,238	BookValueAmt
Method Valuation	F	MethodValuationCd

Other Securities OtherSecuritiesGrp (8 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
EQUITY SECURITIES	$180,003,989	F
HEDGED STRATEGIES	$122,936,143	F
PRIVATE CAPITAL	$85,798,841	F
REAL ESTATE ASSET FUNDS	$62,913,459	F
FIXED INCOME	$42,207,673	F
REAL ESTATE	$1,116,728	C
REAL ESTATE
PRIVATE CAPITAL	$3,960,809	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$499,380,880	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
EQUITY INTEREST HOLLINGSWORTH FUNDS	$157,132,900
FUNDS HELD IN TRUST BY OTHERS	$4,820,309
OTHER ASSETS	$2,273,612

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$164,226,821	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDesc	AmtAmt
GOVERNMENT ADVANCES FOR STUDENT LOANS	$3,777,259
BOND PREMIUM
ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE	$1,287,976
ASSET RETIREMENT OBLIGATION	$1,447,054
INTEREST RATE SWAP AGREEMENT	$857,420
CAPITAL LEASE AGREEMENTS	$437,789

Field	Value	IRS element (for citing)
Total Liability	$7,807,498	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part III, Line 4 Collections of art - description of collections	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, Part IV, Line 2b Explanation of escrow agreement	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, Part V, Line 4 Intended uses of endowment funds	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 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, Part X, Line 2 FIN 48 (ASC 740) footnote	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, 2019 OR 2018 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, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY

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

Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT

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 (24 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean	Program Services	STUDY AWAY	$109,940
Central America and the Caribbean	Investments	NOT APPLICABLE	$96,811,417
East Asia and the Pacific	Program Services	STUDENT RECRUITING	$39,275
East Asia and the Pacific	Program Services	STUDENT REFUND	$500
East Asia and the Pacific	Program Services	STUDY AWAY	$670,772
East Asia and the Pacific	Program Services	SUPPLIES	$3,331
East Asia and the Pacific	Program Services	CONTRACT SERVICES	$224
East Asia and the Pacific	Investments	NOT APPLICABLE	$1,648,176
Europe (Including Iceland and Greenland)	Program Services	STUDENT RECRUITING	$11,194
Europe (Including Iceland and Greenland)	Program Services	Travel	$105,813
Europe (Including Iceland and Greenland)	Program Services	LIBRARY RESOURCES	$5,344
Europe (Including Iceland and Greenland)	Program Services	STUDY AWAY	$4,259,648
Europe (Including Iceland and Greenland)	Program Services	CONTRACT SERVICES	$13,030
Europe (Including Iceland and Greenland)	Investments	NOT APPLICABLE	$10,187,356
Middle East and North Africa	Program Services	STUDY AWAY	$129,810
Russia and Neighboring States	Program Services	STUDY AWAY	$137
South America	Program Services	TRAVEL	$12,007
South Asia	Program Services	RECRUITING STUDENTS	$8,209
Sub-Saharan Africa	Program Services	STUDY AWAY	$491,665
South America	Program Services	STUDY AWAY	$90,752
East Asia and the Pacific	Program Services	Travel	$69,213
South America	Program Services	RECRUITING STUDENTS	$7,858
North America (Canada & Mexico only)	Program Services	RECRUITING STUDENTS	$8,089
North America (Canada & Mexico only)	Program Services	MUSICAL INSTRUMENT	$6,764

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$113,995,967	SubtotalSpentAmt
Continuation Spent	$694,557	ContinuationSpentAmt
Total Spent	$114,690,524	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 (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds	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, Part I, Line 3(f)	The value of investments is based on FMV at the end of the fiscal year.
Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS	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 G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	VINCE PERONE CLASSIC GOLF	Event1Nm
Gross Receipts Event1	$89,803	GrossReceiptsEvent1Amt
Charitable Contri Event1	$10,500	CharitableContriEvent1Amt
Gross Revenue Event1	$79,303	GrossRevenueEvent1Amt
Cash Prizes Event1	$0	CashPrizesEvent1Amt
Non Cash Prizes Event1	$6,207	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$6,094	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$7,339	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$3,704	OtherDirectExpensesEvent1Amt
Event2	BASKETBALL GOLF TOURNAMENT	Event2Nm
Gross Receipts Event2	$48,048	GrossReceiptsEvent2Amt
Charitable Contri Event2	$20,150	CharitableContriEvent2Amt
Gross Revenue Event2	$27,898	GrossRevenueEvent2Amt
Cash Prizes Event2	$0	CashPrizesEvent2Amt
Non Cash Prizes Event2	$4,839	NonCashPrizesEvent2Amt
Rent Facility Costs Event2	$5,376	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$921	FoodAndBeverageEvent2Amt
Other Direct Expenses Event2	$863	OtherDirectExpensesEvent2Amt
Other Events Total	4	OtherEventsTotalCnt
Gross Receipts Other Events	$101,382	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$8,040	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$93,342	GrossRevenueOtherEventsAmt
Cash Prizes Other Events	$0	CashPrizesOtherEventsAmt
Non Cash Prizes Other Events	$15,978	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$11,738	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$7,213	FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events	$16,380	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$239,233	GrossReceiptsTotalAmt
Charitable Contributions Tot	$38,690	CharitableContributionsTotAmt
Gross Revenue Total Events	$200,543	GrossRevenueTotalEventsAmt
Cash Prizes Total Events	$0	CashPrizesTotalEventsAmt
Non Cash Prizes Total Events	$27,024	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$23,208	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$15,473	FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events	$20,947	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$86,652	DirectExpenseSummaryEventsAmt
Net Income Summary	$113,891	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (9 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt	IRC SectionIRCSectionDesc
THE GREENVILLE DRIVE LLC
945 S MAIN STREET	GREENVILLE	SC	29601	576019318	$75,000	SPONSORSHIP
UPCOUNTRY HISTORY MUSEUM
540 BUNCOMBE STREET	GREENVILLE	SC	29601	570833796	$162,500	OPERATING SUPPORT	501(c)(3)
ARTISPHERE
16 AUGUSTA STREET	GREENVILLE	SC	29601	582676608	$10,000	SPONSORSHIP	501(c)(3)
EMPIRE MOCK TRIAL
515 ROUTE 33	MILLSTONE	NJ	08535	260150254	$13,000	SPONSORSHIP	501(c)(3)
FALL FOR GREENVILLE
PO BOX 2207	GREENVILLE	SC	29602	570876594	$7,500	SPONSORSHIP	501(c)(3)
GREENVILLE ARENA DISTRICT
650 N ACADEMY STREET	GREENVILLE	SC	29601	576007739	$75,000	SPONSORSHIP	GOV
M JUDSON LLC
130 S MAIN STREET	GREENVILLE	SC	29601	471792713	$50,000	SPONSORSHIP
GREENVILLE CHAMBER OF COMMERCE
24 CLEVELAND STREET	GREENVILLE	SC	29601	570173240	$21,125	SPONSORSHIP	501(c)(6)
INTEGRATED MEDIA PUBLISHING
303 HAYWOOD ROAD	GREENVILLE	SC	29607	264389571	$15,000	SPONSORSHIP

Field	Value	IRS element (for citing)
Total501c3 Org	5	Total501c3OrgCnt
Total Other Org	4	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
UNDERGRAD SCHOLARSHIPS	2389	$56,506,121
ATHLETIC SCHOLARSHIPS	381	$13,352,007
GRADUATE SCHOLARSHIPS	14	$61,574
FELLOWSHIPS AND INTERNSHIPS	667	$1,748,759
GRADUATE STIPENDS	7	$39,000

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	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 (18 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
DR ELIZABETH DAVIS
PRESIDENT	$519,546	$0	$0	$0	$0	$0	$34,375	$0	$32,789	$0	$586,710	$0	$0	$0
GEORGE C SHIELDS
VP FOR AA & PROVOST	$273,030	$0	$0	$0	$0	$0	$34,375	$0	$24,902	$0	$332,307	$0	$0	$0
MICHAEL HENDRICKS
VP ENROLLMENT MGMT	$272,716	$0	$0	$0	$0	$0	$34,375	$0	$32,030	$0	$339,121	$0	$0	$0
DAVID P STEINOUR
CHIEF INFORMATION OFFICER	$266,192	$0	$0	$0	$0	$0	$33,150	$0	$6,303	$0	$305,645	$0	$0	$0
MICHAEL J BUDDIE
ATHLETICS DIRECTOR	$254,787	$0	$0	$0	$0	$0	$31,480	$0	$17,990	$0	$304,257	$0	$0	$0
THOMAS E EVELYN II
VP COMMUNICATION	$229,456	$0	$0	$0	$0	$0	$29,689	$0	$25,580	$0	$284,725	$0	$0	$0
MARY LOU MERKT
VP FINANCE & ADMINISTRATION THRU OCTOBER 2018	$223,438	$0	$0	$0	$0	$0	$25,438	$0	$8,490	$0	$257,366	$0	$0	$0
CONNIE L CARSON
VP STUDENT LIFE	$194,111	$0	$0	$0	$0	$0	$24,410	$0	$10,189	$0	$228,710	$0	$0	$0
HEIDI MCCRORY
VP DEVELOPMENT	$142,536	$0	$0	$0	$0	$0	$15,625	$0	$16,090	$0	$174,251	$0	$0	$0
SHON HERRICK
INTERIM VP DEVELOPMENT	$162,541	$0	$0	$0	$0	$0	$21,773	$0	$34,922	$0	$219,236	$0	$0	$0
KRISTOPHER N KAPOOR
CHIEF INVESTMENT OFFICER	$194,833	$0	$27,730	$0	$0	$0	$28,810	$0	$21,440	$0	$272,813	$0	$0	$0
KENNETH PETERSON
DEAN OF FACULTY	$176,087	$0	$0	$0	$0	$0	$23,063	$0	$21,401	$0	$220,551	$0	$0	$0
JEFF REDDERSON
AVP FACILITIES	$161,307	$0	$0	$0	$0	$0	$21,125	$0	$15,355	$0	$197,787	$0	$0	$0
MICHAEL GATCHELL
FORMER VP DEVELOPMENT	$185,225	$0	$0	$0	$0	$0	$21,547	$0	$13,482	$0	$220,254	$0	$0	$0
CLAYTON HENDRIX
HEAD COACH FOOTBALL	$275,768	$0	$1,000	$0	$0	$0	$32,838	$0	$17,990	$0	$327,596	$0	$0	$0
RICHARD FRANCIS MEADE
MEN'S LACROSSE COACH	$255,679	$0	$0	$0	$0	$0	$31,503	$0	$1,342	$0	$288,524	$0	$0	$0
ROBERT RICHEY
MEN'S BASKETBALL COACH	$201,285	$0	$0	$0	$0	$0	$24,619	$0	$17,839	$0	$243,743	$0	$0	$0
DONALD GORDAN
EXECUTIVE DIRECTOR RILEY INSTITUTE	$177,502	$0	$0	$0	$0	$0	$21,989	$0	$10,295	$0	$209,786	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule J, Part I, Line 1a Travel for companions	A COMPANION HAS TRAVELED WITH ELIZABETH DAVIS. TO THE EXTENT IT WAS PERSONAL IN NATURE SUCH AMOUNTS WERE INCLUDED IN HER TAXABLE INCOME.
Schedule J, Part I, Line 1a Housing allowance or 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.
Schedule J, Part I, Line 1a Health or social club dues or initiation fees	ELIZABETH DAVIS 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, Part I, Line 7 Non-fixed payments	FURMAN UNIVERSITY MADE NON-FIXED BONUS PAYMENTS TO KRISTOPHER KAPOOR AND CLAYTON HENDRIX. THE PAYMENTS WERE FOR MERIT AND NOT CONTINGENT ON THE REVENUES OR NET EARNINGS OF THE UNIVERSITY OR ANY RELATED ORGANIZATION.

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	false	false	false
EFA FOR PRIVATE NON-PROFIT
B	576000286	836896JA9	2010-03-18	$21,867,529	REFUNDING AND CAPITAL	false	false	false
SC JOBS - ECONOMIC DEV AUTHORITY
C	570960018	837031UL5	2015-08-13	$68,432,003	REFUNDING AND CAPITAL	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$17,370,000	$0	$46,660,000	$0	$0	$0	$386,655	$0	$0	$10,003,417	$36,269,928	$0	2008	Yes (true)	false	Yes (true)	Yes (true)
B	$12,440,000	$0	$21,867,529	$0	$0	$0	$388,902	$0	$0	$1,000,000	$20,478,628	$0	2012	Yes (true)	Yes (true)	Yes (true)	Yes (true)
C	$995,000	$0	$68,432,003	$0	$0	$0	$659,117	$0	$0	$25,001,055	$42,771,831	$0	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)	20.0	false	false	Yes (true)	TRINITY PLUS	1.0	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)	false	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

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

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule K, Part V Different Procedures to Undertake Corrective Action	Issuer name: EFA FOR PRIVATE NON-PROFIT N/A
Schedule K, Part V Different Procedures to Undertake Corrective Action	Issuer name: EFA FOR PRIVATE NON-PROFIT N/A
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: EFA FOR PRIVATE NON-PROFIT The calculation for computing no rebate due was performed on 01/14/2013
Schedule K, Part V Different Procedures to Undertake Corrective Action	Issuer name: SC JOBS - ECONOMIC DEV. AUTHORITY N/A
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: SC JOBS - ECONOMIC DEV. AUTHORITY The calculation for computing no rebate due was performed on 09/20/2018

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Relationship With Org	N/A	RelationshipWithOrgTxt
Cash Grant	$272,880	CashGrantAmt
Type Of Assistance	SCHOLARSHIPS	TypeOfAssistanceTxt
Assistance Purpose	MERIT	AssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
COURTNEY TOLLISON
SP OF TRUSTEE	$35,302	SALARY	false
CHARLES DAVIS
SP OF OFFICER	$10,195	SALARY	false

Supplemental Information Detail SupplementalInformationDetail

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

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	48	ContributionCnt
Noncash Contributions Rpt F990	$1,416,652	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Collectibles CollectiblesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$26,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	8	ContributionCnt
Noncash Contributions Rpt F990	$22,523	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Cost	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	SUPPLIES	Desc
Contribution	6	ContributionCnt
Noncash Contributions Rpt F990	$2,892	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Cost	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	0	Form8283ReceivedCnt
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, Part I PART I, COLUMN (B)	FormAndLineReferenceDesc
Explanation	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 (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services	(Expenses $ including grants of $)(Revenue $ 3,330,285) MISCELLANEOUS REVENUE FROM CONTRACTS AND FEES FROM EXEMPT FUNCTION UNIVERSITY ACTIVITIES
Form 990, Part VI, Line 11b Review of form 990 by governing body	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 ADDRESSED. THE PUBLIC DISCLOSURE COPY OF FORM 990 WAS PROVIDED TO THE REMAINING VOTING MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES.
Form 990, Part VI, Line 12c Conflict of interest policy	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, Part VI, Line 15a Process to establish compensation of top management official	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, Part VI, Line 15b Process to establish compensation of other employees	AS STATED IN THE RESPONSE TO QUESTION 15A, INDEPENDENT CONSULTANTS REVIEW AND ANALYZE THREE OFFICERS' SALARIES ANNUALLY.
Form 990, Part VI, Line 19 Required documents available to the public	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 Other changes in net assets or fund balances	CHANGE IN INTEREST RATE EXCHANGE AGREEMENT - -114051;

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	501(c)(3)	Type III-FI	NA	false
HOLLINGWORTH FUNDS INC
124 VERDAE BLVD STE 10	GREENVILLE	SC	29607	571003814	CHARITABLE	SC	501(c)(3)	Type I	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

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule R, Part II	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, 2019, INCOME DISTRIBUTIONS FROM THE HOLLINGSWORTH FUNDS, WHICH ARE REPORTED AS INVESTMENT RETURNS, WERE $3,749,646, AND PROVIDED FUNDING FOR THE HOLLINGSWORTH SCHOLARS PROGRAM, TWO ENDOWED PROFESSORSHIPS IN THE DEPARTMENTS OF ECONOMICS AND BUSINESS AND ACCOUNTING, AND SPECIFIC NEEDS OF THOSE TWO DEPARTMENTS. FURMAN UNIVERSITY FOUNDATION (FUF) OPERATES AS A NONPROFIT PUBLIC BENEFIT CORPORATION TO SERVE THE NEEDS AND INTERESTS OF FURMAN UNIVERSITY.	ExplanationTxt