2016-05-11T14:34:50-05:00 2015-06-30 560574444 CHERRY BEKAERT LLP 201 WEST MCBEE AVENUE SUITE 200 GREENVILLE SC 29601 990 2014-07-01 570426335 CLEMSON UNIVERSITY FOUNDATION CLEM 8646561289 PO BOX 1889 CLEMSON SC 296331889 HARRISON F TRAMMELL PRESIDENT AND CEO 8646561289 2016-05-05 1 MARK H COOTER P00091236 8642333981 2014 2016-08-17 19:52:53Z HARRISON F TRAMMELL PO BOX 1889 CLEMSON SC 296331889 92478330 0 X WWW.CLEMSON.EDU/GIVING/CUFOUNDATIONS X 1933 SC THE FOUNDATION IS ORGANIZED TO PROMOTE THE WELFARE AND FUTURE DEVELOPMENT OF CLEMSON UNIVERSITY. 41 41 3 177 1928236 1265415 42400934 32885983 2948683 3330236 17200375 20118629 1499304 1546764 64049296 57881612 22127130 20350932 0 0 1126270 2877753 781818 0 4872122 14910849 20102220 38946067 43330905 25103229 14550707 686741384 747372726 184458143 228767511 502283241 518605215 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 18740431 11411681 4532895 RESTRICTED PROGRAM SUPPORT: DONORS PROVIDE GIFTS TO SUPPORT CLEMSON UNIVERSITY DEPARTMENTS AND PROGRAMS. 15833997 7154654 ENDOWED PROGRAMS: DONORS CONTRIBUTE GIFTS TO FUND ENDOWMENTS WHICH PROVIDE AN EARNINGS STREAM FOR SCHOLARSHIPS, PROFESSORSHIPS AND PROGRAM SUPPORT PER THE DONOR DIRECTIVES. 1784597 1784597 CAPITAL PROJECTS: THE FOUNDATION RAISES FUNDS TO CONSTRUCT UNIVERSITY BUILDINGS, LABS AND OUTDOOR SPACES TO SUPPORT CLEMSON UNIVERSITY. 36359025 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 110 0 3 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 X 41 41 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 X 0 0 0 BRYANT G BARNES DIRECTOR 1.00 X 0 0 0 JAMES H BARNES DIRECTOR 1.00 X 0 0 0 EDITH BOSTIC DIRECTOR 1.00 X 0 0 0 JANINE A BOWEN DIRECTOR 1.00 X 0 0 0 CHELESTE D BOYKIN DIRECTOR 1.00 X 0 0 0 WILLIAM P BRADLEY DIRECTOR 1.00 X 0 0 0 ERNEST M BRIEL DIRECTOR 1.00 X 0 0 0 LORI ANNE CARR DIRECTOR 1.00 X 0 0 0 JON CENTURINO DIRECTOR 1.00 X 0 0 0 J RICHARD COTTINGHAM DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL CRAPPS DIRECTOR 1.00 X 0 0 0 JAMES P CREEL JR DIRECTOR 1.00 X 0 0 0 EDGAR J DUCKWORTH DIRECTOR 1.00 X 0 0 0 W KELLY DURHAM DIRECTOR 1.00 X 0 0 0 COLONEL SANDY EDGE DIRECTOR 1.00 X 0 0 0 FRED FAIRCLOTH III DIRECTOR 1.00 1.00 X 0 0 0 DANNY E GREGG DIRECTOR 1.00 X 0 0 0 HARRY T HALL IV DIRECTOR 1.00 X 0 0 0 ROBERT B HAMBRIGHT DIRECTOR 1.00 X 0 0 0 JERRY D HANDEGAN DIRECTOR 1.00 X 0 0 0 STEPHEN F HUTCHINSON DIRECTOR 1.00 1.00 X 0 0 0 PICKENS M LINDSAY DIRECTOR 1.00 X 0 0 0 J ALLEN MARTIN DIRECTOR 1.00 X 0 0 0 E SMYTH MCKISSICK III DIRECTOR 1.00 1.00 X 0 0 0 DANIEL B MILLER III DIRECTOR 1.00 X 0 0 0 SUZANNE E MORSE DIRECTOR 1.00 X 0 0 0 E MITCHELL NORVILLE DIRECTOR 2.00 X 0 0 0 WILLIAM H PELHAM DIRECTOR 1.00 1.00 X 0 0 0 MARY JOY PIZZELLA DIRECTOR 1.00 X 0 0 0 CHERI PHYFER DIRECTOR 1.00 X 0 0 0 BETTY J POE DIRECTOR 1.00 X 0 0 0 NEIL C ROBINSON JR DIRECTOR 1.00 2.00 X 0 0 0 G GRAHAM SEGARS JR DIRECTOR 2.00 2.00 X 0 0 0 BARTOW S SHAW JR DIRECTOR 1.00 X 0 0 0 THOMAS SALOAN DIRECTOR 1.00 X 0 0 0 KENNETH L SMITH DIRECTOR 1.00 X 0 0 0 DANIEL C STANZIONE DIRECTOR 1.00 X 0 0 0 CHARLES L SULLIVAN JR DIRECTOR 4.00 X 0 0 0 JOSEPH L VON ROSENBERG DIRECTOR 1.00 X 0 0 0 MICHAEL L WATT DIRECTOR 1.00 1.00 X 0 0 0 GERRY L KIERSTEAD SECRETARY 1.00 36.50 X 0 55703 13994 MICHAEL SULHAN TREASURER 37.50 X 0 132137 20315 LAURA HASELDEN ASST TREASURER 1.00 36.50 X 0 91266 19509 HARRISON F TRAMMELL PRESIDENT & CEO 31.50 6.00 X 0 248764 29847 JOHN C ALEXANDER JR CIO CLEMSON UNIV-EX OFFICIO 8.00 29.50 X 69320 194135 15478 JAMES F BARKER CLEMSON UNIV PRES. - EX-OFFICIO 12.00 25.50 X 172344 245599 59006 JAMES P CLEMENTS CLEMSON UNIV PRES. - EX-OFFICIO 1.00 36.50 X 495411 300668 70962 737075 1268272 229111 2 0 1 0 CAMBRIDGE ASSOCIATES LLC PO BOX 83232 CHICAGO IL 60691 CONSULTING 747833 COLLEGE CONNECTION 6129 LONG MEADOW ROAD MCLEAN VA 22101 CONSULTING 182112 FOURTH QUANDRANT INC 411 UNIVERSITY RIDGE GREENVILLE SC 29601 SOFTWARE DEVELOPMENT 109189 DAVID ATCHLEY 17 WOODVALE AVENUE GREENVILLE SC 29605 CONSULTING 107346 SW PROMOTIONS LLS 728 N PLEASANTURG DRIVE GREENVILLE SC 29607 PRODUCT SUPPLIER 101915 5 199855 32686128 7162888 32885983 ENDOWMENT MANAGEMENT FEE 523000 2154840 2154840 DEVELOPMENT FEES 561000 687407 687407 PROGRAM & ACTIVITIES REVENUE 561000 382233 382233 DEVELOPMENT PROGRAMS 561000 75642 75642 ALUMNI AND FRIENDS PROGRAM INCOME 561000 30114 30114 3330236 13579022 1877862 11701160 363906 363906 41056407 34516800 6539607 6539607 6539607 9743 199855 79918 -70175 -70175 COMMISSION 541800 1026796 1010719 16077 MERCHANDISE SALES 453220 66263 66263 SPONSORSHIP 541800 61359 61359 98615 64318 34297 1253033 57881612 4532895 1928236 18534498 20350932 20350932 643827 68855 574972 1627736 404662 1223074 583328 137361 445967 22862 5267 17595 52163 28497 23666 7659056 7659056 327287 199308 58918 69061 3308543 1423832 789412 1095299 49000 48151 849 4800 4800 564804 162098 42065 360641 3926268 3926268 39254 39254 171354 69129 99698 2527 OFFICIAL FUNCT & EVENTS 2573237 1472868 262529 837840 DEVELOPMENT FEES 679157 626490 52667 SUPPLIES 547817 310544 82494 154779 AWARDS AND GIFTS 199480 85949 24013 89518 43330905 36359025 2099758 4872122 36833151 57357419 37864656 51195888 10930285 1492292 9477246 9437993 453631457 457611327 145325885 167873962 3608989 3896137 686741384 747372726 555306 553644 183902837 228213867 184458143 228767511 X 26369732 26986624 217099896 216312641 258813613 275305950 502283241 518605215 686741384 747372726 X 14550707 2054422 -283155 X X 0 1 X 1 0 X 22542450 36147090 31054091 42400934 32885983 165030548 22542450 36147090 31054091 42400934 32885983 165030548 4561544 160469004 16243366 8744383 11093132 10323047 13942928 60346856 -301219 49690 324570 538947 1265415 1877403 25916 11183 14670 116220 167989 227422796 15075130 0.70560 0.71670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68014 68014 43262891 43330905 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 77566 63479 60718 68014 269777 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 185433 1 1 0 0 391902933 17696485 9791770 2722568 9794071 406874549 326453829 18218106 51683871 2701614 6609091 387045101 294007873 8984586 32121897 2487664 6172863 326453829 293557105 12196333 -5545511 2597993 3602061 294007873 229948047 14341955 55178870 2482942 3428825 293557105 0.05000 0.62000 0.33000 0 0 11900 8971049 8982949 1833458 1378414 455044 113878 113878 0 9437993 HEDGE FUNDS 97255433 F NOTE RECEIVABLE UNIVERSITY REAL ESTATE FOUNDATION 20000000 F OTHER SECURITIES 10732116 F PRIVATE EQUITY 29628559 F REAL ESTATE 10257854 F 167873962 DUE TO RELATED ORGANIZATIONS 271316 TRUST FUNDS ADMINISTERED FOR AFFILIATE 41709158 ACCRUED LIABILITY DUE TO INVESTMENT APPRECIATION 77081753 NOTE PAYABLE TO CLEMSON UNIV - ASSETS HELD FOR INVESTMENT 102919316 LIFE ANNUITIES PAYABLE TO DONORS 5232324 DUE TO OTHERS 1000000 228213867 X 52126991 2054422 -203237 1851185 50275806 7605806 7605806 57881612 35805017 79918 79918 35725099 7605806 7605806 43330905 PART V, LINE 4: 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, 2015 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. THE OPEN TAX YEARS FOR THE FOUNDATION INCLUDE THE YEARS ENDED JUNE 30, 2012, 2013, 2014, AND 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF LIFE INSURANCE POLICIES 166,784. SPECIAL EVENTS - EXPENSES 79,918. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -449,939. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES - SPECIAL EVENTS IN PART VIII 79,918. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS 99426146 0 0 0 0 0 0 99426146 0 99426146 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. THE AMOUNTS TRANSFERRED TO VARIOUS FOREIGN CORPORATIONS MET THE FORM 926 FILING REQUIRMENTS AND THE FOUNDATION HAS FILED THE FORM 926. PART IV LINES 3 AND 5 WHILE THE FOUNDATION HAD INVESTMENTS IN FOREIGN CORPORATIONS AND PARTNERSHIPS DUE TO VARIOUS ALTERNATIVE INVESTMENTS, THE OWNERSHIP INTERESTS WERE BELOW THE FILING THRESHHOLDS FOR FORM 5471 AND FORM 8865 AS APPLICABLE. 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 2015, FORM 8621 IS NOT BEING FILED PURSUANT TO IRS GUIDANCE SET FORTH IN REG. SEC. 1.1291-1(E). X X X X X X 1 BENZ WHALEY & FLESSNER 7251 OHMS LANE MINNEAPOLIS MN 55439 CAPITAL CAMPAIGN CONSULTANT 0 0 44750 -44750 JAMES F BARKER 201 SIKES HALL CLEMSON SC 296345002 EMPLOYEE/FUND RAISING 0 0 172344 -172344 COLLEGE CONNECTIONS INC 6129 LONG MEADOW ROAD MCLEAN VA 22101 CAMPAIGN CONSULTANT 0 0 181696 -181696 ALEXANDER HAAS MARTIN INC 3520 PIEDMONT RD SUITE 300 ATLANTA GA 30305 CAMPAIGN CONSULTANT 0 0 4500 -4500 DAVID ATCHLEY 17 WOODVALE AVENUE GREENVILLE SC 29605 CAMPAIGN CONSULTANT 0 0 95000 -95000 EDUVENTURES 101 FEDERAL STREET 12TH FLOOR BOSTON MA 02110 CAMPAIGN CONSULTANT 0 0 25500 -25500 JAMES CLEMENTS 201 SIKES HALL CLEMSON SC 29634 EMPLOYEE/FUND RAISER 0 0 495411 -495411 1019201 -1019201 SC BROOK CENTER FUNDRAISER & SILENT AU 209598 199855 9743 8570 71348 209598 199855 9743 8570 71348 79918 -70175 1 CLEMSON UNIVERSITY ADMIN SERVICES BLDG 108 PERIMETER RD CLEMSON SC 29634 576000254 IRC 115 20344640 6292 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 MICHAEL SULHAN TREASURER 0 123215 0 8000 0 922 0 6530 0 13785 0 152452 0 0 HARRISON F TRAMMELL PRESIDENT & CEO 0 231050 0 10000 0 7714 0 11933 0 17914 0 278611 0 0 JOHN C ALEXANDER JR CIO CLEMSON UNIV-EX OFFICIO 69320 159918 0 2000 0 32217 0 9640 0 5838 69320 209613 0 0 JAMES F BARKER CLEMSON UNIV PRES. - EX-OFFICIO 172344 240672 0 0 0 4927 0 39017 0 19989 172344 304605 0 0 JAMES P CLEMENTS CLEMSON UNIV PRES. - EX-OFFICIO 495411 269247 0 0 0 31421 0 40838 0 30124 495411 371630 0 0 FORM 990, SCH J 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. 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. 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 NEIL ROBINSON JR. - CLEMSON UNIVERSITY REAL ESTATE FOUNDATION, CLEMSON UNIVERSITY LAND STEWARDSHIP FOUNDATION, 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 WILLIAM H. PELHAM - CLEMSON ARCHITECTURAL FOUNDATION MICHAEL WATT - CLEMSON UNIVERSITY RESEARCH FOUNDATION CUF OFFICERS ARE EMPLOYEES OF CLEMSON UNIVERSITY: HARRISON TRAMMELL GERRY L. KIERSTEAD MICHAEL SULHAN LAURA HASELDEN THE FOLLOWING EMPLOYEES OF CLEMSON UNIVERSITY ARE ALSO EMPLOYEES OF CUF: JAMES F. BARKER JOHN C. ALEXANDER, JR. JAMES P. CLEMENTS X 1646 7162888 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 SELLS TICKETS FOR TWO FUNDRAISING EVENTS. 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 THE FULL BOARD TO PROVIDE COMMENT TO THE AUDIT COMMITTEE PRIOR TO THEIR REVIEW. THE AUDIT COMMITTEE REVIEWS 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 RESIGNING. FORM 990, PART VI, SECTION B, LINE 15 CUF HAD THREE EMPLOYEES IN CALENDAR YEAR 2014 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 166,784. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -449,939. 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 FOURTEEN 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 0 CLEMSON UNIVERSITY - GRANT B 20350932 CU CONTINUING EDUCATION & CONF COMPLEX CORP - GIFTS DESIGNATED FOR CECCC B 142500 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY - ENDOWMENT FUNDS LOANED FOR INVESTMENT D 20932472 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY - ENDOWMENT FUNDS LOANED FOR INVESTMENT E 180001069 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY - TRANSFER FUNDS FOR OPERATIONS O 53527 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY - ENDOWMENT MANAGEMENT FEE P 2154841 AUDITED FINANCIAL REPORT CLEMSON UNIV RESEARCH FOUNDATION - TRANSFER OF FUNDS FOR OPERATION Q 470000 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY -EQUIPMENT DONATED TO CU Q 6292 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY REAL ESTATE FOUNDATION R 243833 AUDITED FINANCIAL REPORT IPTAY - STADIUM SUITES K 56000 AUDITED FINANCIAL REPORT