2017-05-15T12:31:21-05:00 2016-06-30 560574444 CHERRY BEKAERT LLP 110 EAST COURT STREET GREENVILLE SC 29601 990 2015-07-01 570426335 CLEMSON UNIVERSITY FOUNDATION CLEM 8646561289 PO BOX 1889 CLEMSON SC 296331889 HARRISON F TRAMMELL PRESIDENT AND CEO 8646561289 2017-05-11 1 MARK H COOTER P00091236 8642333981 2015 2021-01-29 14:40:06Z HARRISON F TRAMMELL PO BOX 1889 CLEMSON SC 296331889 136081362 0 X WWW.CLEMSON.EDU/GIVING/CUFOUNDATIONS X 1933 SC THE FOUNDATION IS ORGANIZED TO PROMOTE THE WELFARE AND FUTURE DEVELOPMENT OF CLEMSON UNIVERSITY. 43 43 2 144 571571 350346 32885983 39655861 3330236 3288209 20118629 17028420 1546764 2031548 57881612 62004038 20350932 33560996 0 0 2877753 2479111 0 303634 4736539 20102220 20723516 43330905 57067257 14550707 4936781 747372726 743779194 228767511 233296103 518605215 510483091 X THE FOUNDATION IS ORGANIZED TO PROMOTE THE WELFARE AND FUTURE DEVELOPMENT OF CLEMSON UNIVERSITY IN ITS EDUCATIONAL AND SCIENTIFIC RESEARCH PURPOSES; TO SEEK AND RECEIVE GIFTS FOR THE BENEFIT OF CLEMSON UNIVERSITY THROUGH ENDOWMENT GIVING AND OTHER FUNDRAISING PROGRAMS; AND TO PRUDENTLY MANAGE THE DISBURSEMENT OF THESE ASSETS WITHIN A POLICY THAT ENCOURAGES THE ENHANCEMENT OF THE RESOURCES OF THE FOUNDATION. 0 0 24458710 8342700 4921157 PROGRAM SUPPORT: DONORS PROVIDE GIFTS TO SUPPORT CLEMSON UNIVERSITY DEPARTMENTS AND PROGRAMS. 11629279 11556759 ENDOWED PROGRAMS: DONORS CONTRIBUTE GIFTS TO FUND ENDOWMENTS WHICH PROVIDE AN EARNINGS STREAM FOR SCHOLARSHIPS, PROFESSORSHIPS AND PROGRAM SUPPORT PER THE DONOR DIRECTIVES. 13661537 13661537 CAPITAL PROJECTS: THE FOUNDATION RAISES FUNDS TO CONSTRUCT UNIVERSITY BUILDINGS, LABS AND OUTDOOR SPACES TO SUPPORT CLEMSON UNIVERSITY. 49749526 1 1 0 1 0 1 0 0 1 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 135 0 2 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 X 43 43 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X G CLINT CARLSON II DIRECTOR OF FINANCE 8646560925 ADMIN SERVICES BLDG 108 PERIMETER CLEMSON SC 296345306 SUSIE CANNON ADAMS DIRECTOR 1.00 0.00 X 0 0 0 BRYANT G BARNES DIRECTOR 1.00 0.00 X 0 0 0 JAMES H BARNES DIRECTOR 1.00 0.00 X 0 0 0 EDITH BOSTIC DIRECTOR 1.00 0.00 X 0 0 0 JANINE A BOWEN DIRECTOR 1.00 0.00 X 0 0 0 CELESTE D BOYKIN DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM P BRADLEY DIRECTOR 1.00 0.00 X 0 0 0 ERNEST M BRIEL DIRECTOR 1.00 0.00 X 0 0 0 JULIE G BROWN DIRECTOR 1.00 0.00 X 0 0 0 LORI ANNE CARR DIRECTOR 1.00 0.00 X 0 0 0 JON CENTURINO DIRECTOR 1.00 0.00 X 0 0 0 J RICHARD COTTINGHAM DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL CRAPPS DIRECTOR 1.00 0.00 X 0 0 0 JAMES P CREEL JR DIRECTOR 1.00 0.00 X 0 0 0 EDGAR J DUCKWORTH DIRECTOR 1.00 0.00 X 0 0 0 SCOTT L GARVIN DIRECTOR 1.00 1.00 X 0 0 0 DANNY E GREG DIRECTOR 1.00 0.00 X 0 0 0 GERALD M GLENN DIRECTOR 1.00 0.00 X 0 0 0 HARRY T HALL IV DIRECTOR 1.00 0.00 X 0 0 0 ROBERT B HAMBRIGHT DIRECTOR 1.00 0.00 X 0 0 0 JERRY D HANDEGAN DIRECTOR 1.00 0.00 X 0 0 0 CHERYL R HOLLAND DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN F HUTCHINSON DIRECTOR 1.00 1.00 X 0 0 0 PICKENS M LINDSAY DIRECTOR 1.00 0.00 X 0 0 0 J ALLEN MARTIN DIRECTOR 1.00 0.00 X 0 0 0 E SMYTH MCKISSICK III DIRECTOR 1.00 1.00 X 0 0 0 DANIEL B MILLER III DIRECTOR 1.00 0.00 X 0 0 0 SUZANNE E MORSE DIRECTOR 1.00 0.00 X 0 0 0 E MITCHELL NORVILLE DIRECTOR 2.00 0.00 X 0 0 0 MARY JOY PIZZELLA DIRECTOR 1.00 0.00 X 0 0 0 CHERI PHYFER DIRECTOR 1.00 0.00 X 0 0 0 G GRAHAM SEGARS JR DIRECTOR 2.00 2.00 X 0 0 0 BARTON S SHAW JR DIRECTOR 1.00 0.00 X 0 0 0 THOMAS SLOAN DIRECTOR 1.00 0.00 X 0 0 0 KENNETH L SMITH DIRECTOR 1.00 0.00 X 0 0 0 DANIEL C STANZIONE DIRECTOR 1.00 0.00 X 0 0 0 CHARLES L SULLIVAN JR DIRECTOR 4.00 0.00 X 0 0 0 JOSEPH L VON ROSENBERG III DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH M TODD DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL L WATT DIRECTOR 1.00 1.00 X 0 0 0 AMY J YODER DIRECTOR 1.00 0.00 X 0 0 0 JONATHAN P WEITZ DIRECTOR 1.00 1.00 X 0 0 0 COLONEL SANDY EDGE DIRECTOR 1.00 36.50 X 0 98903 21127 HARRISON F TRAMMELL PRESIDENT & CEO 31.50 6.00 X 0 243021 27576 MICHAEL SULHAN TREASURER 37.50 0.00 X 0 137567 15839 GERRY L KIERSTEAD SECRETARY 1.00 36.50 X 0 53631 14306 DEBORAH C NEWSOM CFO/TREASURER 37.50 0.00 X 0 0 0 BETH MOORE SECRETARY 1.00 36.50 X 0 0 0 JOHN C ALEXANDER JR CIO 8.00 29.50 X 68855 182334 15174 JAMES P CLEMENTS CLEMSON UNIV PRES. - EX-OFFICIO 1.00 36.50 X 494493 312922 59282 563348 1028378 153304 1 0 1 0 CAMBRIDGE ASSOCIATES LLC PO BOX 83232 CHICAGO IL 60691 CONSULTING 895332 DANIEL J EDELMAN INC 200 EAST RANDOLPH STREET CHICAGO IL 60601 MARKETING 302761 COLLEGE CONNECTIONS INC 6129 LONG MEADOW ROAD MCLEAN VA 22101 CONSULTING 184372 DAVID ATCHLEY 17 WOODVALE AVENUE GREENVILLE SC 29605 CONSULTING 158254 BLACKBAUD INC 2000 DANIEL ISLAND DRIVE CHARLESTON SC 29492 CONSULTING 126972 8 4010 39651851 6582347 39655861 ENDOWMENT MANAGEMENT FEE 523000 2068203 2068203 DEVELOPMENT FEES 561000 801371 801371 PROGRAM & ACTIVITIES REVENUE 561000 310903 310903 DEVELOPMENT PROGRAMS 561000 93857 93857 ALUMNI AND FRIENDS PROGRAM INCOME 561000 13875 13875 3288209 13338534 518147 12820387 346938 346938 77731851 74041965 3689886 3689886 3689886 33597 4010 35359 -1762 -1762 COMMISSION 541800 1214401 1214401 MISCELLANEOUS REVENUE 900099 226429 226429 SPONSORSHIP 541800 71049 71049 174493 121069 53424 1686372 62004038 4921157 571571 16855449 33560996 33560996 1056787 492987 563800 903912 48266 855646 498191 164472 333719 20221 5704 14517 88927 43201 45726 303634 303634 7950829 7950829 525540 198674 234502 92364 5559987 3312473 986779 1260735 655699 216689 85910 353100 1291496 1291496 39254 39254 101783 57811 30464 13508 OFFICIAL FUNCT & EVENTS 2455448 1781027 321450 352971 SUPPLIES 988921 472603 61399 454919 DEVELOPMENT FEES 787284 722473 64811 AWARDS AND GIFTS 278348 102000 38722 137626 57067257 49749526 2581192 4736539 57357419 58720353 51195888 52508899 10930285 1531546 9437993 9398739 457611327 459852892 167873962 159273236 3896137 4025075 747372726 743779194 553644 780350 49354298 228213867 183161455 228767511 233296103 X 26986624 26899466 216312641 188675484 275305950 294908141 518605215 510483091 747372726 743779194 X 4936781 -12830420 -228485 X X 0 1 X 1 0 X 36147090 31054091 42400934 32885983 39655861 182143959 36147090 31054091 42400934 32885983 39655861 182143959 4267612 177876347 8744383 11093132 10323047 13942928 13167325 57270815 49690 324570 538947 1265415 350346 2528968 11183 14670 116220 33597 175670 242119412 17779414 0.73470 0.70560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 86519 86519 56980738 57067257 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 63479 60718 68014 86519 278730 250000 250000 250000 250000 1000000 1500000 PART I-A, LINE 1: THE ORGANIZATION DOES NOT PARTICIPATE IN DIRECT OR INDIRECT POLITICAL CAMPAIGN ACTIVITIES. PART II - A, LINE 1, LOBBYING ACTIVITIES: LEGISLATIVE ACTIVITIES: THREE CLEMSON UNIVERSITY EMPLOYEES (ANGIE LEIDINGER, KATHY COLEMAN, AND MARK COTHRAN) ARE PAID BY CLEMSON UNIVERSITY TO PERFORM CERTAIN LEGISLATIVE AFFAIRS FUNCTIONS. LEIDINGER AND COLEMAN MAINTAIN CLEMSON UNIVERSITY CONTACT WITH STATE AGENCIES AND ARE REGISTERED LOBBYISTS FOR THE STATE OF S.C. THE CLEMSON UNIVERSITY FOUNDATION PROVIDES FUNDING FOR CERTAIN EXPENSES ASSOCIATED WITH THEIR ACTIVITIES. MARK COTHRAN IS A REGISTERED FEDERAL LOBBYIST FOR CLEMSON UNIVERSITY. THE CLEMSON UNIVERSITY FOUNDATION LEASES OFFICE SPACE WHICH CLEMSON UNIVERSITY'S LOBBYIST CAN USE. 2 0 0 171572 1 1 0 1 X 406874549 22117538 -8443211 4192443 416356433 391902933 17696485 9791770 2722568 9794071 406874549 326453829 18218106 51683871 2701614 6609091 387045101 294007873 8984586 32121897 2487664 6172863 326453829 293557105 12196333 -5545511 2597993 3602061 294007873 0.05000 0.67000 0.28000 0 0 11900 8971049 8982949 1833458 1417668 415790 113878 113878 0 9398739 HEDGE FUNDS 83230719 F NOTE RECEIVABLE UNIVERSITY REAL ESTATE FOUNDATION 20000000 F OTHER SECURITIES 5317737 F PRIVATE EQUITY 39463393 F REAL ESTATE 11261387 F 159273236 DUE TO RELATED ORGANIZATIONS 564434 ACCRUED LIABILITY DUE TO INVESTMENT APPRECIATION 75059198 NOTE PAYABLE TO CLEMSON UNIV - ASSETS HELD FOR INVESTMENT 102919316 ACTUARIAL LIABILITY OF ANNUITIES PAYABLE 4618507 183161455 X 41568964 -12830420 -193126 -13023546 54592510 7411528 7411528 62004038 49691088 35359 35359 49655729 7411528 7411528 57067257 PART IV, LINE 2B: THE FOUNDATION HOLDS AND INVESTS FUNDS BELONGING TO AFFILIATED ORGANIZATIONS. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS OF THE FOUNDATION TO FUNCTION AS ENDOWMENTS. PAYOUTS ARE BASED ON A SPECIFIED PERCENTAGE OF THE THREE YEAR ROLLING AVERAGE BALANCE OF THE ENDOWMENT FUNDS, THE PURPOSE SPECIFIED BY THE DONOR; 65% FUND SCHOLARSHIPS, FELLOWSHIPS AND AWARDS FOR STUDENTS, THE BALANCE FUNDS PROFESSORSHIPS AND PROVIDES SUPPORT FOR DEPARTMENT AND COLLEGE PROGRAMS. PART X, LINE 2: THE FOUNDATION IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX ON RELATED INCOME UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE "CODE") AND DESCRIBED AS AN ORGANIZATION IN SECTION 501(C)(3) OF THE CODE. ACCORDINGLY, ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 513 OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THE FOUNDATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE FOUNDATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THAT THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2016, AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF LIFE INSURANCE POLICIES 86,550. DIRECT FUNDRAISING EXPENSES REPORTED NET OF REVENUE IN PART VIII 35,359. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -315,035. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES REPORTED NET OF REVENUE IN PART VIII 35,359. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS 78156669 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENT 2498604 0 0 0 0 0 0 80655273 0 80655273 1 0 1 1 1 0 PART IV LINE 1 THE ORGANIZATION WAS A TRANSFEROR OF CASH TO VARIOUS FOREIGN CORPORATIONS (INVESTMENTS) DURING THE FISCAL YEAR. SOME OF THE AMOUNTS TRANSFERRED MET THE FORM 926 FILING REQUIREMENTS AND THE FOUNDATION HAS FILED THE FORM 926 FOR THESE TRANSACTIONS. PART IV LINE 3 WHILE THE FOUNDATION HAD INVESTMENTS IN FOREIGN CORPORATIONS DUE TO VARIOUS ALTERNATIVE INVESTMENTS, THE OWNERSHIP INTERESTS WERE BELOW THE FILING THRESHHOLDS FOR FORM 5471. PART IV LINE 4 THE ORGANIZATION IS AN INVESTOR IN ONE OR MORE "PASSIVE FOREIGN INVESTMENT COMPANIES" ("PFICS"). THE ORGANIZATION DID NOT RECEIVE ANY TAXABLE DISTRIBUTIONS FROM ANY OF THE PFICS DURING FISCAL YEAR 2016. FORM 8621 IS NOT BEING FILED PURSUANT TO IRS GUIDANCE SET FORTH IN REG. SEC. 1.1291-1(E). PART IV LINE 5 THE ORGANIZATION WAS A TRANSFEROR OF CASH TO VARIOUS FOREIGN PARTNERSHIPS (INVESTMENTS) DURING THE FISCAL YEAR. SOME OF THE AMOUNTS TRANSFERRED MET THE FORM 8865 FILING REQUIRMENTS AND THE FOUNDATION HAS FILED THE FORM 8865 TO REPORT THESE TRANSACTIONS. X X X X X X 1 BENZ WHALEY & FLESSNER 7251 OHMS LANE MINNEAPOLIS MN 55439 CAPITAL CAMPAIGN CONSULTANT 0 0 6375 -6375 COLLEGE CONNECTIONS INC 6129 LONG MEADOW ROAD MCLEAN VA 22101 CAMPAIGN CONSULTANT 0 0 177259 -177259 DAVID ATCHLEY 17 WOODVALE AVENUE GREENVILLE SC 29605 CAMPAIGN CONSULTANT 0 0 120000 -120000 JAMES CLEMENTS 201 SIKES HALL CLEMSON SC 29634 EMPLOYEE/FUND RAISER 0 0 494493 -494493 798127 -798127 SC STUDENT AFFAIRS GALA 37607 4010 33597 15581 19778 37607 4010 33597 15581 19778 35359 -1762 1 CLEMSON UNIVERSITY ADMIN SERVICES BLDG 108 PERIMETER RD CLEMSON SC 29634 576000254 IRC 115 33402095 158901 FV AT PURCHASE TRANSFER OF PURCHASED EQUIPMENT TO PROMOTE THE WELFARE AND FUTURE DEVELOPMENT OF CLEMSON UNIVERSITY IN ITS EDUCATIONAL AND SCIENTIFIC RESEARCH PURPOSES 1 0 PART I, LINE 2: ALL DISBURSEMENTS TO CLEMSON UNIVERSITY ARE REVIEWED FOR COMPLIANCE WITH DONOR WISHES. SCHOLARSHIP DISBURSEMENTS ARE ADMINISTERED BY FINANCIAL AID OF CLEMSON UNIVERSITY. SELECTED OTHER DISBURSEMENTS ARE REVIEWED FOR COMPLIANCE BY A POST DISBURSEMENT REVIEW PROCESS AND INTERNAL AUDITS. X X 1 1 X X 0 0 0 1 1 0 0 0 0 HARRISON F TRAMMELL PRESIDENT & CEO 0 233863 0 0 0 9158 0 12051 0 15525 0 270597 0 0 MICHAEL SULHAN TREASURER 0 136535 0 0 0 1032 0 6945 0 8894 0 153406 0 0 JOHN C ALEXANDER JR CIO 68855 161433 0 0 0 20901 0 9200 0 5974 68855 197508 0 0 JAMES P CLEMENTS CLEMSON UNIV PRES. - EX-OFFICIO 494493 280087 0 0 0 32835 0 42732 0 16550 494493 372204 0 0 PART I, LINE 1A TRAVEL EXPENSES INCURRED BY SPOUSES OF CLEMSON UNIVERSITY EMPLOYEES ARE REIMBURSED WHEN A BONA FIDE BUSINESS PURPOSE EXISTS. ALL REIMBURSEMENTS FOR SPOUSAL TRAVEL ARE APPROVED BY THE PRESIDENT OR VICE PRESIDENT. THE PRESIDENT OF CLEMSON UNIVERSITY IS PROVIDED A FAMILY MEMBERSHIP TO THE WALKER COURSE AT CLEMSON UNIVERSITY. PART I, LINE 5 THE CEO'S, CFO'S, AND CIO'S TOTAL COMPENSATION INCLUDES BASE COMPENSATION FOR SERVICES ALONG WITH VARIABLE COMPENSATION POTENTIAL. VARIABLE COMPENSATION, IF ANY, IS DETERMINED AT THE CLOSE OF THE FISCAL YEAR BASED UPON PRE-ESTABLISHED CRITERIA AND SUBJECT TO APPROVAL BY THE HUMAN RESOURCES COMMITTEE AND FULL BOARD. FORM 990, SCHEDULE J THE FOLLOWING CUF BOARD MEMBERS SERVE AS VOTING DIRECTORS OF OTHER RELATED ORGANIZATIONS: RICHARD COTTINGHAM - CLEMSON UNIVERSITY CONTINUING EDUCATION AND CONFERENCE COMPLEX CORPORATION STEPHEN HUTCHINSON - CLEMSON UNIVERSITY CONTINUING EDUCATION AND CONFERENCE COMPLEX CORPORATION AND WALLACE F. PATE FOUNDATION FOR ENVIRONMENTAL RESEARCH BARTON S. SHAW, JR. - WALLACE F. PATE FOUNDATION FOR ENVIRONMENTAL RESEARCH G. GRAHAM SEGARS JR. - CLEMSON UNIVERSITY REAL ESTATE FOUNDATION AND CLEMSON UNIVERSITY LAND STEWARDSHIP FOUNDATION E. SMYTH MCKISSICK III - CLEMSON UNIVERSITY BOARD OF TRUSTEES SCOTT GARVIN - CLEMSON ARCHITECTURAL FOUNDATION MICHAEL WATT - CLEMSON UNIVERSITY RESEARCH FOUNDATION CUF OFFICERS ARE EMPLOYEES OF CLEMSON UNIVERSITY: HARRISON TRAMMELL GERRY L. KIERSTEAD MICHAEL SULHAN DEBORAH C. NEWSOM BETH MOORE THE FOLLOWING EMPLOYEES OF CLEMSON UNIVERSITY ARE ALSO EMPLOYEES OF CUF: JOHN C. ALEXANDER, JR. JAMES P. CLEMENTS X 143 6582347 AVERAGE MARKET VALUE 0 0 1 1 PART I, LINE 32B: THE FOUNDATION UTILIZES EXTERNAL BROKERS TO SELL DONATED SECURITIES. FORM 990, PART V, LINE 1C: THERE WERE NO INSTANCES THAT REQUIRED BACKUP WITHHOLDING. PART V, LINE 7A AND 7B: THE ORGANIZATION SOLICITS AND RECEIVES GIFTS DESIGNATED FOR IPTAY PROGRAMS (ATHLETICS). GIFTS ENTITLE DONOR TO CERTAIN BENEFITS GRANTED BY IPTAY - AN ORGANIZATION OPERATED UNDER CLEMSON UNIVERSITY. THE ORGANIZATION ADVISES DONORS THAT THEY SHOULD CONSULT THEIR TAX ADVISOR REGARDING THE AMOUNT OF GIFT WHICH QUALIFIES FOR TAX DEDUCTIBILITY (USUALLY 80%). THE ORGANIZATION SOLD TICKETS FOR ONE FUNDRAISING EVENT. THE CONTRIBUTION PORTION IS STATED ON THE TICKET. FORM 990, PART V, LINES 7G AND 7H: THERE WERE NO CONTRIBUTIONS RECEIVED WHICH WOULD HAVE REQUIRED THE ORGANIZATION TO FILE EITHER FORM 8899 OR 1098-C. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING, WITH THE AUDIT COMMITTEE CHARGED WITH REVIEWING THE 990 IN DETAIL. FORM 990, PART VI, SECTION B, LINE 12C CUF BOARD AND KEY EMPLOYEES RECEIVE A COPY OF THE CODE OF CONDUCT WITH THE CONFLICT OF INTEREST POLICY ANNUALLY FOR REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 15 CUF HAD TWO EMPLOYEES IN CALENDAR YEAR 2015 WHOSE SALARY IS DETERMINED BY THE HUMAN RESOURCES COMMITTEE AND APPROVED BY THE FULL BOARD. ALL OTHER INDIVIDUALS CONDUCTING CUF BUSINESS ARE EMPLOYEES OF CLEMSON UNIVERSITY. COMPENSATION OF THE OFFICERS IS DETERMINED THROUGH THE UNIVERSITY HUMAN RESOURCES DEPARTMENT WITHIN THE GUIDELINES ESTABLISHED BY THE STATE OF SOUTH CAROLINA. THE CUF BOARD REVIEWS AND APPROVES THE COMPENSATION SET BY CU ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. EXEMPT ORGANIZATION STATUS WAS FILED IN 1933 AND FILING DOCUMENTS ARE NOT AVAILABLE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF LIFE INSURANCE POLICIES 86,550. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -315,035. FORM 990, PART XII, LINE 2C ALL RELATED ORGANIZATIONS OF CLEMSON UNIVERSITY PARTICIPATE IN A COMBINED REQUEST FOR PROPOSALS PROCESS EVERY FIVE YEARS. AT LEAST ONE MEMBER FROM EACH BOARD PARTICIPATES IN THE SELECTION PROCESS. THERE IS NO REQUIREMENT FOR ALL ENTITIES TO SELECT THE SAME AUDIT FIRM, BUT THAT HAS BEEN THE PRACTICE FOR THE PAST FIFTEEN YEARS. CUF HAS AN AUDIT COMMITTEE WHICH MEETS AT LEAST THREE TIMES A YEAR AND INTERACTS DIRECTLY WITH THE AUDIT FIRM. CLEMSON UNIVERSITY ADMN SERVICES BLDG 108 PERIMETER RD CLEMSON SC 29634 576000254 RESEARCH UNIVERSITY SC IRC 115 N/A 0 CLEMSON UNIVERSITY CONTINUING EDUCATION AND CONFERENCE COMPLEX CORPORATION 108 PERIMETER ROAD CLEMSON SC 29634 571002122 OPERATION OF CONTINUING EDUCATION AND CONFERENCE CENTER FOR CLEMSON UNIV SC 501(C)(3) LINE 11C, III-FI N/A 0 CLEMSON UNIVERSITY LAND STEWARDSHIP FOUNDATION PO BOX 1889 CLEMSON SC 29633 274127041 HOLD AND MANAGE REAL ESTATE FOR CLEMSON UNIVERSITY SC 501(C)(3) LINE 11A, I N/A 0 CLEMSON UNIVERSITY REAL ESTATE FOUNDATION PO BOX 1889 CLEMSON SC 29633 570933257 RECEIVE GIFTS OF REAL ESTATE AND MANAGE REAL ESTATE HOLDINGS SC 501(C)(3) LINE 11C, III-FI N/A 0 CLEMSON UNIVERSITY RESEARCH FOUNDATION PO BOX 946 CLEMSON SC 29633 570750000 TO SUPPORT RESEARCH AND TECHNOLOGY TRANSFER FOR THE BENEFIT OF CLEMSON UNIV SC 501(C)(3) LINE 11C, III-FI N/A 0 IPTAY PO BOX 1529 CLEMSON SC 29633 465666637 TO SUPPORT CLEMSON UNIVERSITY ATHLETIC PROGRAMS SC 501(C)(3) LINE 11C, III-FI N/A 0 CHARITABLE REMAINDER ANNUITY TRUSTS (3) TRUST SC N/A T 0 CHARITABLE REMAINDER TRUSTS (44) TRUST SC N/A T 0 0 1 0 1 1 0 0 0 0 0 1 0 0 1 1 1 1 1 1 CLEMSON UNIVERSITY - GRANT B 33560996 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY - ENDOWMENT FUNDS LOANED FOR INVESTMENT D 20932472 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY - ENDOWMENT FUNDS LOANED FOR INVESTMENT E 177978514 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY - TRANSFER FUNDS FOR OPERATIONS O 68804 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY - ENDOWMENT MANAGEMENT FEE P 2068203 AUDITED FINANCIAL REPORT IPTAY - STADIUM SUITES K 56000 AUDITED FINANCIAL REPORT