FURMAN UNIVERSITY: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: FURMAN UNIVERSITY (EIN 57-0314395)
Tax period: 2014-07-01 to 2015-06-30
Filed: 2016-05-13
IRS object ID: 201641349349302329
Schema version: 2014v6.0
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	2016-05-13T09:41:45-05:00	ReturnTs
Tax Period End	2015-06-30	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	1111 METROPOLITAN AVE STE 1000	AddressLine1Txt
City	CHARLOTTE	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	28204	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-07-01	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	MARY LOU MERKT	PersonNm
Person Title	VP FINANCE & ADMIN	PersonTitleTxt
Phone	8642943496	PhoneNum
Signature	2016-05-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JANICE A RATICA	PreparerPersonNm
PTIN	P00358837	PTIN
Phone	7043771678	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-08-17 19:52:53Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MARY LOU MERKT	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	SAME AS C ABOVE	AddressLine1Txt
City	GREENVILLE	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29613	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$289,825,837	GrossReceiptsAmt
Group Return For Affiliates	0	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	SEE SCHEDULE O	ActivityOrMissionDesc
Voting Members Governing Body	33	VotingMembersGoverningBodyCnt
Voting Members Independent	31	VotingMembersIndependentCnt
Total Employee	2646	TotalEmployeeCnt
Total Volunteers	1000	TotalVolunteersCnt
Total Gross UBI	$322,359	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$111,291	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$16,924,220	PYContributionsGrantsAmt
CY Contributions Grants	$18,765,448	CYContributionsGrantsAmt
PY Program Service Revenue	$156,859,490	PYProgramServiceRevenueAmt
CY Program Service Revenue	$162,199,469	CYProgramServiceRevenueAmt
PY Investment Income	$59,374,281	PYInvestmentIncomeAmt
CY Investment Income	$48,363,384	CYInvestmentIncomeAmt
PY Other Revenue	$1,475,810	PYOtherRevenueAmt
CY Other Revenue	$2,261,657	CYOtherRevenueAmt
PY Total Revenue	$234,633,801	PYTotalRevenueAmt
CY Total Revenue	$231,589,958	CYTotalRevenueAmt
PY Grants And Similar Paid	$54,062,279	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$58,018,934	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$73,769,621	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$74,796,480	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$3,390	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$3,390	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$4,070,324	CYTotalFundraisingExpenseAmt
PY Other Expenses	$66,141,513	PYOtherExpensesAmt
CY Other Expenses	$65,900,665	CYOtherExpensesAmt
PY Total Expenses	$193,976,803	PYTotalExpensesAmt
CY Total Expenses	$198,719,469	CYTotalExpensesAmt
PY Revenues Less Expenses	$40,656,998	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$32,870,489	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,015,631,621	TotalAssetsBOYAmt
Total Assets EOY	$1,009,063,027	TotalAssetsEOYAmt
Total Liabilities BOY	$128,739,329	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$128,843,046	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$886,892,292	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$880,219,981	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$130,449,717	ExpenseAmt
Grant	$57,523,774	GrantAmt
Revenue	$126,094,900	RevenueAmt
Desc	INSTRUCTION OF APPROXIMATELY 3,000 STUDENTS IN UNDERGRADUATE ANDGRADUATE PROGRAMS. IN ADDITION THE UNIVERSITY OFFERS STUDY AWAYPROGRAMS IN MORE THAN 20 COUNTRIES, AND MOST ARE LED BY FURMANFACULTY. SCHOLARSHIPS ARE AWARDED TO ELIGIBLE STUDENTS BASED ONFINANCIAL NEED AND ACADEMIC MERIT. APPROXIMATELY 2,513 STUDENTSRECEIVED SCHOLARSHIPS FROM THE INSTITUTION DURING THE YEAR.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$25,857,601	ExpenseAmt
Revenue	$2,801,509	RevenueAmt
Desc	SEE SCHEDULE O	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$21,482,688	ExpenseAmt
Revenue	$27,967,292	RevenueAmt
Desc	THE UNIVERSITY CONDUCTED AUXILIARY ENTERPRISES FOR THE CONVENIENCEOF STUDENTS, FACULTY, STAFF, AND THE AT-LARGE COMMUNITY.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$549,386	ExpenseAmt
Grant	$495,160	GrantAmt
Revenue	$5,335,768	RevenueAmt

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$549,386	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$495,160	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$5,335,768	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$178,339,392	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	Yes (1)	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	Yes (1)	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (1)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	391	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	2646	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Form1098 C Filed	Yes (1)	Form1098CFiledInd
DAF Excess Business Holdings	0	DAFExcessBusinessHoldingsInd
Taxable Distributions	0	TaxableDistributionsInd
Distribution To Donor	0	DistributionToDonorInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	33	GoverningBodyVotingMembersCnt
Independent Voting Member	31	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	AMY BARNHILL	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	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
A ALEXANDER TAYLOR II
TRUSTEE	2.00	Yes (X)	$0	$0	$0
ANN P BRYAN
TRUSTEE	2.00	Yes (X)	$0	$0	$0
BAXTER M WYNN
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CARL F KOHRT
TRUSTEE	40.00	Yes (X)	$176,500	$0	$22,059
CHRISTOPHER R BORCH
TRUSTEE	2.00	Yes (X)	$0	$0	$0
CHRISTOPHER W COLLINS
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DANIEL S SANDERS
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DAVID L HAUSER
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DAVID TRONE
TRUSTEE	2.00	Yes (X)	$0	$0	$0
DOUGLAS K FREEMAN
TRUSTEE	2.00	Yes (X)	$0	$0	$0
E ERWIN MADDREY II
TRUSTEE	2.00	Yes (X)	$0	$0	$0
FRANCIE M HELLER
SECRETARY	2.00	Yes (X)	$0	$0	$0
GORDON R HERRING
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JAMES C MABRY IV
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JOHN C YATES
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JOHN DONALD ANDERSON
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JOLLEY BRUCE CHRISTMAN
TRUSTEE	2.00	Yes (X)	$0	$0	$0
JUAN D JOHNSON
TRUSTEE	2.00	Yes (X)	$0	$0	$0
LARRY D ESTRIDGE
TRUSTEE	2.00	Yes (X)	$0	$0	$0
LEIGHAN R RINKER
TRUSTEE	2.00	Yes (X)	$0	$0	$0
MICHAEL RIORDAN
VICE CHAIR	2.00	Yes (X)	$0	$0	$0
P EDWIN GOOD
TRUSTEE	2.00	Yes (X)	$0	$0	$0
PAUL L ROBERTSON III
TRUSTEE	2.00	Yes (X)	$0	$0	$0
RICHARD N WRENN JR
TRUSTEE	2.00	Yes (X)	$0	$0	$0
ROBERT E HILL JR
CHAIR	2.00	Yes (X)	$0	$0	$0
RONALD A MALONE
TRUSTEE	2.00	Yes (X)	$0	$0	$0
SEAN P HARTNESS
TRUSTEE	2.00	Yes (X)	$0	$0	$0
STANFORD J JENNINGS
TRUSTEE	2.00	Yes (X)	$0	$0	$0
STEVEN S REINEMUND
TRUSTEE	2.00	Yes (X)	$0	$0	$0
SUSAN T SHI
TRUSTEE	2.00	Yes (X)	$0	$0	$0
WILLIAM B TRAXLER JR
TRUSTEE	2.00	Yes (X)	$0	$0	$0
WILLIAM K SLATE II
TRUSTEE	2.00	Yes (X)	$0	$0	$0
WILLIAM R TIMMONS III
TRUSTEE	2.00	Yes (X)	$0	$0	$0	1.00
CONNIE L CARSON
VP OF STUDENT LIFE	40.00		$153,313	$0	$33,862		Yes (X)
ELIZABETH DAVIS
PRESIDENT 7/1/14-CURRENT	40.00		$211,145	$0	$19,309		Yes (X)
GARY E CLARK
VP OF INTERCOLLEGIATE ATHLETICS	40.00		$165,320	$0	$34,696		Yes (X)
JOHN BECKFORD
VP & DEAN, ACADEMIC AFFAIRS	40.00		$175,124	$0	$28,933		Yes (X)
MARK KELLY
VP OF MARKETING & PR	40.00		$154,998	$0	$35,927		Yes (X)
MARY LOU MERKT
VP FOR FINANCE & ADMIN.	40.00		$217,853	$0	$43,408	1.00	Yes (X)
MICHAEL GATCHELL
VP OF DEVELOPMENT	40.00		$164,070	$0	$34,545		Yes (X)
BRUCE FOWLER
HEAD FOOTBALL COACH	40.00		$249,735	$0	$43,273			Yes (X)
DONALD L GORDON
DIRECTOR RILEY INSTITUTE	40.00		$153,510	$0	$26,081			Yes (X)
FREDRICK M MILLER
CHIEF INFORMATION OFFICER	40.00		$155,668	$0	$43,723			Yes (X)
KRISTOPHER N KAPOOR
CHIEF INVESTMENT OFFICER	40.00		$209,736	$0	$36,846			Yes (X)
NIKO MEDVED
HEAD MEN'S BASKETBALL COACH	40.00		$192,674	$0	$36,210			Yes (X)
JAMES L GUTH
PROFESSOR	40.00		$161,951	$0	$36,786				Yes (X)
KENNETH C ABERNETHY
PROFESSOR	40.00		$236,769	$0	$29,284				Yes (X)
LON B KNIGHT
PROFESSOR	40.00		$198,495	$0	$40,270				Yes (X)
RICHARD F MEADE
LACROSSE COACH	40.00		$225,968	$0	$34,485				Yes (X)
RODNEY SMOLLA
CONSULTANT	1.00		$404,392	$0	$33,563				Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,607,221	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$613,260	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	82	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
ARAMARK
PO BOX 828411	PHILADELPHIA	PA	19182	DINING & CATERING	$12,105,999
TRIANGLE CONSTRUCTION COMPANY
PO BOX 6266 STATION B	GREENVILLE	SC	29606	CONSTRUCTION	$5,078,777
EIIA INC
200 SOUTH WACKER DRIVE STE 1000	CHICAGO	IL	60606	INSURANCE, RISK MGMT	$1,154,645
MARKETPLACE STAFFING SERVICES
200 ADLEY WAY	GREENVILLE	SC	29606	TEMPORARY STAFFING SERVICES	$896,768
ART & SCIENCE GROUP LLC
300 E LOMBARD ST	BALTIMORE	MD	21202	MARKET RESEARCH	$422,491

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	60	CntrctRcvdGreaterThan100KCnt
Fundraising	$271,682	FundraisingAmt
Related Organizations	$105,677	RelatedOrganizationsAmt
Government Grants	$2,187,344	GovernmentGrantsAmt
All Other Contributions	$16,200,745	AllOtherContributionsAmt
Noncash Contributions	$2,563,705	NoncashContributionsAmt
Total Contributions	$18,765,448	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
TUITION AND FEES	900099	$126,094,900	$126,094,900
AUXILIARY SALES	713990	$27,967,292	$27,967,292
COMMISSION INCOME	561499	$3,793,794	$0	$3,793,794
INTERCOLLEGIATE ATHLETICS	900099	$2,801,509	$2,801,509
OTHER INCOME	621300	$1,541,974	$1,541,974

Field	Value	IRS element (for citing)
Total Program Service Revenue	$162,199,469	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$19,273,185	TotalRevenueColumnAmt
Unrelated Business Revenue	-$62,294	UnrelatedBusinessRevenueAmt
Exclusion	$19,335,479	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$42,416	TotalRevenueColumnAmt
Exclusion	$42,416	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$3,234,678	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$1,813,837	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,420,841	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,420,841	TotalRevenueColumnAmt
Related Or Exempt Func Income	$130,293	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$358,960	UnrelatedBusinessRevenueAmt
Exclusion	$931,588	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$85,015,436	SecuritiesAmt
Other	$156,249	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$56,010,789	SecuritiesAmt
Other	$70,697	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$29,004,647	SecuritiesAmt
Other	$85,552	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$29,090,199	TotalRevenueColumnAmt
Exclusion	$29,090,199	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$141,201	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$271,682	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$218,130	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$76,929	TotalRevenueColumnAmt
Exclusion	-$76,929	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$230,630	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$122,426	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$108,204	TotalRevenueColumnAmt
Related Or Exempt Func Income	$82,511	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$25,693	UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	REGISTRATION, APPLICATION, AND PO	Desc
Business	900099	BusinessCd
Total Revenue Column	$767,125	TotalRevenueColumnAmt
Related Or Exempt Func Income	$767,125	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$767,125	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$231,589,958	TotalRevenueColumnAmt
Related Or Exempt Func Income	$159,385,604	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$322,359	UnrelatedBusinessRevenueAmt
Exclusion	$53,116,547	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$495,160	TotalAmt
Program Services	$495,160	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$57,523,774	TotalAmt
Program Services	$57,523,774	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,818,517	TotalAmt
Program Services	$1,292,732	ProgramServicesAmt
Management And General	$1,327,171	ManagementAndGeneralAmt
Fundraising	$198,614	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$51,913,010	TotalAmt
Program Services	$41,950,677	ProgramServicesAmt
Management And General	$7,867,377	ManagementAndGeneralAmt
Fundraising	$2,094,956	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$5,278,210	TotalAmt
Program Services	$4,103,671	ProgramServicesAmt
Management And General	$935,456	ManagementAndGeneralAmt
Fundraising	$239,083	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$10,991,334	TotalAmt
Program Services	$7,438,881	ProgramServicesAmt
Management And General	$3,216,215	ManagementAndGeneralAmt
Fundraising	$336,238	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$3,795,409	TotalAmt
Program Services	$3,000,013	ProgramServicesAmt
Management And General	$634,300	ManagementAndGeneralAmt
Fundraising	$161,096	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$5,156,247	TotalAmt
Program Services	$3,469,882	ProgramServicesAmt
Management And General	$1,633,004	ManagementAndGeneralAmt
Fundraising	$53,361	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$133,153	TotalAmt
Program Services	$143	ProgramServicesAmt
Management And General	$133,010	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$76,310	TotalAmt
Management And General	$76,310	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$3,390	TotalAmt
Fundraising	$3,390	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$2,675,671	TotalAmt
Management And General	$2,675,671	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$908,281	TotalAmt
Program Services	$719,358	ProgramServicesAmt
Management And General	$185,932	ManagementAndGeneralAmt
Fundraising	$2,991	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$161,319	TotalAmt
Program Services	$120,104	ProgramServicesAmt
Management And General	$35,794	ManagementAndGeneralAmt
Fundraising	$5,421	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,754,786	TotalAmt
Program Services	$3,526,802	ProgramServicesAmt
Management And General	$1,937,241	ManagementAndGeneralAmt
Fundraising	$290,743	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,334,498	TotalAmt
Program Services	$2,938,235	ProgramServicesAmt
Management And General	$310,086	ManagementAndGeneralAmt
Fundraising	$86,177	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,381,874	TotalAmt
Program Services	$32,442	ProgramServicesAmt
Management And General	$3,349,432	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$6,984,394	TotalAmt
Program Services	$6,635,431	ProgramServicesAmt
Management And General	$180,343	ManagementAndGeneralAmt
Fundraising	$168,620	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,908,519	TotalAmt
Program Services	$1,523,092	ProgramServicesAmt
Management And General	$169,155	ManagementAndGeneralAmt
Fundraising	$216,272	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,975,715	TotalAmt
Program Services	$2,315,076	ProgramServicesAmt
Management And General	$660,639	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$12,208,810	TotalAmt
Program Services	$10,506,162	ProgramServicesAmt
Management And General	$1,702,648	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$616,086	TotalAmt
Program Services	$310	ProgramServicesAmt
Management And General	$615,776	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
MEAL PLANS	$9,731,829	$9,731,829
ATHLETICS	$3,171,260	$3,171,260
RENTAL & MAINTENANCE	$2,384,009	$1,483,837	$898,568	$1,604
LIBRARY	$1,641,498	$1,641,498

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,696,406	TotalAmt
Program Services	$14,719,023	ProgramServicesAmt
Management And General	-$12,234,375	ManagementAndGeneralAmt
Fundraising	$211,758	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$198,719,469	TotalAmt
Program Services	$178,339,392	ProgramServicesAmt
Management And General	$16,309,753	ManagementAndGeneralAmt
Fundraising	$4,070,324	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$15,574,868	BOYAmt
EOY	$33,249,657	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$10,469,273	BOYAmt
EOY	$10,759,454	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$15,934,074	BOYAmt
EOY	$13,801,730	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,406,622	BOYAmt
EOY	$2,302,208	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$4,421,632	BOYAmt
EOY	$4,856,804	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$244,499	BOYAmt
EOY	$257,814	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,505,750	BOYAmt
EOY	$1,847,365	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$421,347,428	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$162,750,806	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$260,033,034	BOYAmt
EOY	$258,596,622	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$133,682,865	BOYAmt
EOY	$128,341,653	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$568,653,867	BOYAmt
EOY	$552,393,054	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$2,705,137	BOYAmt
EOY	$2,656,666	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,015,631,621	BOYAmt
EOY	$1,009,063,027	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$6,870,585	BOYAmt
EOY	$9,264,728	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$9,215,219	BOYAmt
EOY	$8,685,269	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$96,605,000	BOYAmt
EOY	$94,510,000	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
EOY	$135,428	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$5,155,575	BOYAmt
EOY	$4,728,915	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$10,892,950	BOYAmt
EOY	$11,518,706	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$128,739,329	BOYAmt
EOY	$128,843,046	EOYAmt

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$325,819,603	BOYAmt
EOY	$333,274,670	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$399,942,303	BOYAmt
EOY	$380,293,613	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$161,130,386	BOYAmt
EOY	$166,651,698	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$886,892,292	BOYAmt
EOY	$880,219,981	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,015,631,621	BOYAmt
EOY	$1,009,063,027	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$32,870,489	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$40,391,874	NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments	$106,978	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$742,096	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	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 (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$17,281,759	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$30,063,845	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$23,403,823	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$16,924,220	CurrentTaxYearMinus1YearAmt
Current Tax Year	$18,765,448	CurrentTaxYearAmt
Total	$106,439,095	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$17,281,759	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$30,063,845	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$23,403,823	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$16,924,220	CurrentTaxYearMinus1YearAmt
Current Tax Year	$18,765,448	CurrentTaxYearAmt
Total	$106,439,095	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$106,439,095	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,660,988	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$9,323,314	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$9,635,313	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$14,288,957	CurrentTaxYearMinus1YearAmt
Current Tax Year	$19,377,895	CurrentTaxYearAmt
Total	$60,286,467	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,433,399	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,306,527	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,363,659	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$68,843	CurrentTaxYearMinus1YearAmt
Total	$6,172,428	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,089,626	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,255,061	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,086,740	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,784,103	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,444,746	CurrentTaxYearAmt
Total	$9,660,276	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$182,558,266	TotalSupportAmt
Gross Receipts Rltd Activities	$748,723,500	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.58300	PublicSupportCY170Pct
Public Support PY170	0.60960	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	PART I - REASON FOR PUBLIC CHARITY STATUS	FormAndLineReferenceDesc
Explanation	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 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 7, AND COMPLETED THE SUPPORT SCHEDULE IN PART II TO SUBSTANTIATE THAT IT MEETS THE PUBLIC SUPPORT TEST. THE UNIVERSITY CONTINUES TO QUALIFY AS A SCHOOL.	ExplanationTxt

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	$359,217	DonorAdvisedFundsContriAmt
Donor Advised Funds Grants	$126,615	DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY	$2,730,614	DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg Ctrl	Yes (1)	DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps	Yes (1)	DisclosedForCharitablePrpsInd
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd
Agent Trustee Etc	0	AgentTrusteeEtcInd
Beginning Balance	$0	BeginningBalanceAmt
Additions During Year	$0	AdditionsDuringYearAmt
Distributions During Year	$0	DistributionsDuringYearAmt
Ending Balance	$0	EndingBalanceAmt
Incl Escrow Custodial Acct Liab	Yes (1)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$592,996,843	BeginningYearBalanceAmt
Contributions	$4,722,076	ContributionsAmt
Investment Earnings Or Losses	$83,577,966	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,997,876	GrantsOrScholarshipsAmt
Other Expenditures	$19,448,062	OtherExpendituresAmt
Administrative Expenses	$2,816,297	AdministrativeExpensesAmt
End Year Balance	$650,034,650	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$550,265,504	BeginningYearBalanceAmt
Contributions	$9,611,406	ContributionsAmt
Investment Earnings Or Losses	$60,686,228	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,491,806	GrantsOrScholarshipsAmt
Other Expenditures	$16,360,252	OtherExpendituresAmt
Administrative Expenses	$2,714,237	AdministrativeExpensesAmt
End Year Balance	$592,996,843	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$572,162,347	BeginningYearBalanceAmt
Contributions	$4,215,541	ContributionsAmt
Investment Earnings Or Losses	$670,762	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$8,044,600	GrantsOrScholarshipsAmt
Other Expenditures	$16,187,429	OtherExpendituresAmt
Administrative Expenses	$2,551,117	AdministrativeExpensesAmt
End Year Balance	$550,265,504	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$498,281,706	BeginningYearBalanceAmt
Contributions	$3,993,205	ContributionsAmt
Investment Earnings Or Losses	$94,266,399	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$7,593,368	GrantsOrScholarshipsAmt
Other Expenditures	$14,846,575	OtherExpendituresAmt
Administrative Expenses	$1,939,020	AdministrativeExpensesAmt
End Year Balance	$572,162,347	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.17000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.25000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.58000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	Yes (1)	EndowmentsHeldRelatedOrgInd
Related Org List Sch R	Yes (1)	RelatedOrgListSchRInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$26,285,678	OtherCostOrOtherBasisAmt
Book Value	$26,285,678	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$295,823,563	OtherCostOrOtherBasisAmt
Depreciation	$112,929,738	DepreciationAmt
Book Value	$182,893,825	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$88,664,717	OtherCostOrOtherBasisAmt
Depreciation	$49,821,068	DepreciationAmt
Book Value	$38,843,649	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,573,470	OtherCostOrOtherBasisAmt
Book Value	$10,573,470	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$258,596,622	TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$100,029	BookValueAmt
Method Valuation	F	MethodValuationCd

Other Securities OtherSecuritiesGrp (8 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
EQUITY SECURITIES	$165,855,316	F
FIXED INCOME	$27,452,938	F
HEDGED STRATEGIES	$116,195,865	F
PRIVATE CAPITAL	$34,001,992	F
REAL ASSET FUNDS	$33,848,842	F
CASH/ST INVESTMENTS	$11,161,717	F
FUNDS HELD IN TRUST BY OTHERS	$161,287,757	F
REAL ESTATE	$2,488,598	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$552,393,054	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDesc	AmtAmt
SPLIT INTEREST AGREEMENTS	$1,986,568
ADVANCES FROM FEDERAL GOV FOR STUDENT LOANS	$4,443,337
INTEREST RATE SWAP AGREEMENT	$1,668,070
ASSET RETIREMENT OBLIGATION	$1,553,738
BOND PREMIUM	$1,027,606
CAPITAL LEASE AGREEMENTS	$839,387

Field	Value	IRS element (for citing)
Total Liability	$11,518,706	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 1A:	COLLECTIONS OF ART AND HISTORICAL TREASURES THE UNIVERSITY HAS A COLLECTION OF DECORATIVE AND FINE ART MATERIALS THAT IS BOTH EXTENSIVE AND DIVERSE. COMPRISED OF OVER 2,600 OBJECTS, MANY PIECES ARE DISPLAYED THROUGHOUT CAMPUS, WHILE OTHERS ARE PRESERVED. THE OBJECTS HAVE BEEN GENEROUSLY DONATED TO FURMAN AND THE OBJECTS 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 TO PRESERVE THE OBJECTS FOR FUTURE GENERATIONS, EDUCATIONAL OPPORTUNITIES, AND EXHIBITS.
PART IV, LINE 2B:	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
PART V, LINE 4:	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 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.
PART X, LINE 2:	FIN 48 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, 2015 AND 2014 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE E, PART I, LINE 3

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

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 EDUCATION, THE DEPARTMENT OF HEALTH AND HUMAN SCIENCES, AND THE DEPARTMENT OF DEFENSE.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (36 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARRIBEAN	PROGRAM SERVICES	CONFERENCE	$1,357
CENTRAL AMERICA AND THE CARRIBEAN	PROGRAM SERVICES	FACULTY DEVELOPMENT	$2,434
CENTRAL AMERICA AND THE CARRIBEAN	PROGRAM SERVICES	FACULTY RESEARCH	$2,020
CENTRAL AMERICA AND THE CARRIBEAN	PROGRAM SERVICES	STUDENT RESEARCH	$879
CENTRAL AMERICA AND THE CARRIBEAN	PROGRAM SERVICES	STUDY-AWAY	$217,639
CENTRAL AMERICA AND THE CARRIBEAN	INVESTMENT BOOK VALUE		$115,679,230
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	FACULTY DEVELOPMENT	$6,475
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	PERFORM RECITAL	$3,872
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	STUDENT RECRUITING	$11,992
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	FACULTY RESEARCH	$1,000
EAST ASIA AND THE PACIFIC	PROGRAM SERVICES	STUDY-AWAY	$364,971
EAST ASIA AND THE PACIFIC	INVESTMENT BOOK VALUE		$1,858,500
EUROPE	PROGRAM SERVICES	ATHLETIC RECRUITING	$1,516
EUROPE	PROGRAM SERVICES	ATHLETIC EVENTS	$95,338
EUROPE	PROGRAM SERVICES	CONFERENCE	$8,199
EUROPE	PROGRAM SERVICES	BUSINESS MEETING	$3,975
EUROPE	PROGRAM SERVICES	INSTRUCTION	$1,880
EUROPE	PROGRAM SERVICES	LAB SUPPLIES	$172
EUROPE	PROGRAM SERVICES	RESEARCH INVESTMENTS	$6,430
EUROPE	PROGRAM SERVICES	PRESENT PAPER	$35,916
EUROPE	PROGRAM SERVICES	PRESENT RESEARCH	$2,479
EUROPE	PROGRAM SERVICES	FACULTY RESEARCH	$30,958
EUROPE	PROGRAM SERVICES	STUDY-AWAY	$2,679,030
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	PRESENT PAPER	$191
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	FACULTY DEVELOPMENT	$2,644
MIDDLE EAST AND NORTH AFRICA	PROGRAM SERVICES	ILLUSTRATOR	$200
NORTH AMERICA	PROGRAM SERVICES	ATHLETIC RECRUITING	$5,995
NORTH AMERICA	PROGRAM SERVICES	CONFERENCE	$1,296
NORTH AMERICA	PROGRAM SERVICES	FACULTY RECRUITING	$8,802
NORTH AMERICA	PROGRAM SERVICES	RESEARCH INVESTMENTS	$1,079
NORTH AMERICA	PROGRAM SERVICES	PRESENT PAPER	$4,152
NORTH AMERICA	PROGRAM SERVICES	STUDY-AWAY	$1,087
SOUTH AMERICA	PROGRAM SERVICES	STUDENT RECRUITING	$8,173
SOUTH ASIA	PROGRAM SERVICES	RESEARCH	$5,951
SOUTH ASIA	PROGRAM SERVICES	STUDENT RECRUITING	$8,551
SUB-SAHARAN AFRICA	PROGRAM SERVICES	STUDY-AWAY	$345,481

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continutation Total Office	0	ContinutationTotalOfficeCnt
Continutation Total Employee	0	ContinutationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$115,913,906	SubtotalSpentAmt
Continuation Spent	$5,495,958	ContinuationSpentAmt
Total Spent	$121,409,864	TotalSpentAmt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	FURMAN PROVIDES FUNDING TO FACULTY FOR RESEARCH AND OTHER PROJECTS 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 IV LINE 1	ALTHOUGH THE ORGANIZATION HAD TRANSFERS TO FOREIGN CORPORATIONS DURING THE YEAR THROUGH ITS ALTERNATIVE INVESTMENTS, THE TRANSFER AMOUNTS WERE NOT HIGH ENOUGH TO RENDER THE FILING OF FORM 926.
SCHEDULE F, PART IV, LINE 3	ALTHOUGH THE ORGANIZATION HAD OWNERSHIP IN CERTAIN FOREIGN CORPORATIONS (INVESTMENTS) DURING THE YEAR, THE OWNERSHIP INTERESTS WERE NOT HIGH ENOUGH TO RENDER THE FILING OF FORM 5471.
SCHEDULE F, PART IV, LINE 5	ALTHOUGH THE ORGANIZATION HAD AN OWNERSHIP IN CERTAIN FOREIGN PARTNERSHIPS (INVESTMENTS) DURING THE YEAR, THE OWNERSHIP INTERESTS WERE NOT HIGH ENOUGH TO RENDER THE FILING OF FORM 8865.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	GOLF TOURNAMENT	Event1Nm
Gross Receipts Event1	$82,757	GrossReceiptsEvent1Amt
Charitable Contri Event1	$60,555	CharitableContriEvent1Amt
Gross Revenue Event1	$22,202	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$2,346	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$5,288	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$11,292	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$2,035	OtherDirectExpensesEvent1Amt
Event2	HISTORY LECTURE	Event2Nm
Gross Receipts Event2	$130,970	GrossReceiptsEvent2Amt
Charitable Contri Event2	$95,000	CharitableContriEvent2Amt
Gross Revenue Event2	$35,970	GrossRevenueEvent2Amt
Rent Facility Costs Event2	$2,734	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$4,096	FoodAndBeverageEvent2Amt
Entertainment Event2	$94,704	EntertainmentEvent2Amt
Other Direct Expenses Event2	$4,930	OtherDirectExpensesEvent2Amt
Other Events Total	8	OtherEventsTotalCnt
Gross Receipts Other Events	$199,156	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$116,127	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$83,029	GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events	$27,661	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$22,709	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$24,931	FoodAndBeverageOtherEventsAmt
Entertainment Other Events	$1,357	EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events	$14,047	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$412,883	GrossReceiptsTotalAmt
Charitable Contributions Tot	$271,682	CharitableContributionsTotAmt
Gross Revenue Total Events	$141,201	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$30,007	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$30,731	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$40,319	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$96,061	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$21,012	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$218,130	DirectExpenseSummaryEventsAmt
Net Income Summary	-$76,929	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (7 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
ZAP FITNESS FOUNDATION
9560 BLACKBERRY RD	LENOIR	NC	28645	562275993	501(C)3	$9,000	DONATION
THE GREENVILLE DRIVE LLC
945 S MAIN ST	GREENVILLE	SC	29601	576019318	N/A	$75,000	SPONSORSHIP
GREENVILLE CHAMBER OF COMMERCE
24 CLEVELAND ST	GREENVILLE	SC	29601	570173240	501(C)6	$14,250	SPONSORSHIP
UPCOUNTRY HISTORY MUSEUM
540 BUNCOMBE ST	GREENVILLE	SC	29601	570833796	501(C)3	$261,597	OPERATING SUPPORT
UNIVERSITY OF HAWAII OFFICE OF RESEARCH SERVICES
2440 CAMPUS RD	HONOLULU	HI	96822	996000354	501(C)3	$15,568	RESEARCH SUBCONTRACT
MARLBORO COLLEGE
2582 SOUTH ROAD	MARLBORO	VT	05344	030179593	501(C)3	$47,829	RESEARCH SUBCONTRACT
AVILA UNIVERSITY
11901 WOMALL ROAD	KANSAS CITY	MO	64145	440617326	501(C)3	$15,422	RESEARCH SUBCONTRACT

Field	Value	IRS element (for citing)
Total501c3 Org	5	Total501c3OrgCnt
Total Other Org	2	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
UNDERGRADUATE SCHOLARSHIPS	2197	$45,056,738
ATHLETIC SCHOLARSHIPS	312	$11,560,010
GRADUATE SCHOLARSHIPS	4	$31,600
INTERNSHIPS	489	$539,871
RESEARCH STIPENDS	384	$296,705
GRADUATE STIPENDS	5	$38,850

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	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 DPEARTMENT GIVING THE GRANT OR THE UNDERGRADUATE RESEARCH AND INTERNSHIP DEPARTMENT.	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 (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	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	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	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
CARL F KOHRT
TRUSTEE	$175,542	$0	$0	$0	$958	$0	$21,875	$0	$184	$0	$198,559	$0	$0	$0
CONNIE L CARSON
VP OF STUDENT LIFE	$152,416	$0	$0	$0	$897	$0	$27,058	$0	$6,804	$0	$187,175	$0	$0	$0
ELIZABETH DAVIS
PRESIDENT 7/1/14-CURRENT	$191,000	$0	$0	$0	$20,145	$0	$11,600	$0	$7,709	$0	$230,454	$0	$0	$0
GARY E CLARK
VP OF INTERCOLLEGIATE ATHLETICS	$164,313	$0	$0	$0	$1,007	$0	$20,995	$0	$13,701	$0	$200,016	$0	$0	$0
JOHN BECKFORD
VP & DEAN, ACADEMIC AFFAIRS	$150,729	$0	$0	$0	$24,395	$0	$22,609	$0	$6,324	$0	$204,057	$0	$0	$0
MARK KELLY
VP OF MARKETING & PR	$142,667	$0	$0	$0	$12,331	$0	$20,077	$0	$15,850	$0	$190,925	$0	$0	$0
MARY LOU MERKT
VP FOR FINANCE & ADMIN.	$176,317	$0	$0	$0	$41,536	$0	$27,597	$0	$15,811	$0	$261,261	$0	$0	$0
MICHAEL GATCHELL
VP OF DEVELOPMENT	$151,691	$0	$0	$0	$12,379	$0	$18,226	$0	$16,319	$0	$198,615	$0	$0	$0
BRUCE FOWLER
HEAD FOOTBALL COACH	$197,295	$0	$20,000	$0	$32,440	$0	$28,240	$0	$15,033	$0	$293,008	$0	$0	$0
DONALD L GORDON
DIRECTOR RILEY INSTITUTE	$141,846	$0	$0	$0	$11,664	$0	$19,274	$0	$6,807	$0	$179,591	$0	$0	$0
FREDRICK M MILLER
CHIEF INFORMATION OFFICER	$137,974	$0	$0	$0	$17,694	$0	$20,365	$0	$23,358	$0	$199,391	$0	$0	$0
KRISTOPHER N KAPOOR
CHIEF INVESTMENT OFFICER	$141,606	$0	$31,602	$0	$36,528	$0	$18,918	$0	$17,928	$0	$246,582	$0	$0	$0
NIKO MEDVED
HEAD MEN'S BASKETBALL COACH	$172,461	$0	$10,000	$0	$10,213	$0	$22,725	$0	$13,485	$0	$228,884	$0	$0	$0
JAMES L GUTH
PROFESSOR	$137,989	$0	$0	$0	$23,962	$0	$20,720	$0	$16,066	$0	$198,737	$0	$0	$0
KENNETH C ABERNETHY
PROFESSOR	$215,171	$0	$0	$0	$21,598	$0	$13,851	$0	$15,433	$0	$266,053	$0	$0	$0
LON B KNIGHT
PROFESSOR	$175,489	$0	$0	$0	$23,006	$0	$23,340	$0	$16,930	$0	$238,765	$0	$0	$0
RICHARD F MEADE
LACROSSE COACH	$201,449	$0	$0	$0	$24,519	$0	$28,540	$0	$5,945	$0	$260,453	$0	$0	$0
RODNEY SMOLLA
CONSULTANT	$172,715	$0	$208,613	$0	$23,064	$0	$24,703	$0	$8,860	$0	$437,955	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

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. 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 PUBLIC AREAS OF THE RESIDENCE ONLY. THE PRESIDENT HOSTS UNIVERSITY EVENTS AT WHITE OAKS AS WELL. SOCIAL CLUB DUES - ELIZABETH DAVIS, CARL KOHRT, AND MICHAEL GATCHEL 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 OUR 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.

PART I, LINE 7

FURMAN UNIVERSITY MADE NON-FIXED BONUS PAYMENTS TO RODNEY SMOLLA, BRUCE FOWLER, NIKO MEDVED AND KRISTOPHER KAPOOR. THE PAYMENTS WERE FOR MERIT AND WERE 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
EDUC FACILITIES AUTHORITY FOR PRIVATE NON-PROFIT
A	576000286	936896GB0	2006-04-16	$41,545,074	CONSTRUCTION AND CAPITAL IMPROVEMENTS	0	0	0
EDUC FACILITIES AUTHORITY FOR PRIVATE NON-PROFIT
B	576000286	836896GE4	2006-07-06	$46,660,000	REFUNDING AND CAPITAL IMPROVEMENTS	0	0	0
EDUC FACILITIES AUTHORITY FOR PRIVATE NON-PROFIT
C	576000286	836896JA4	2010-03-18	$21,867,529	REFUNDING AND CAPITAL IMPROVEMENTS	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	RetiredRetiredAmt
A	$43,840,225	$240,000	$42,713,484	2008	0	0	Yes (1)	Yes (1)
B	$47,233,539	$305,000	$11,050,906	2008	Yes (1)	0	Yes (1)	Yes (1)	$815,000
C	$21,867,529	$277,059	$1,000,000	2012	Yes (1)	Yes (1)	Yes (1)	Yes (1)	$1,280,000

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	Private Bus Use By OthersPrivateBusUseByOthersPct	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)
B	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)
C	0	0	0	0	0.00000	0.00000	0.00000	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Term Of GICTermOfGICPct	Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd	Business Name Line2GICProviderName/BusinessNameLine2Txt
HYPE PUBLIC FINANCE
A	0	0	0	Yes (1)	0	0	Yes (1)	2.200000000000	Yes (1)	0	Yes (1)
WELLS FARGO
B	Yes (1)				Yes (1)	Yes (1)	Yes (1)	1.800000000000	Yes (1)	0	Yes (1)	20.000000000000	0	0	FUNDING
(no name)
C	0	0	0	Yes (1)	0	0	0			0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART II, LINE 3, COLUMN A - PROCEEDS FOR ISSUE	ISSUE PRICE $41,545,074 INVESTMENT EARNINGS 2,295,151 TOTAL PROCEEDS, PART II, LINE 3 $43,840,225
PART II, LINE 3, COLUMN B - PROCEEDS FOR ISSUE	ISSUE PRICE OF THE BONDS PER PART I(E) $46,660,000 INVESTMENT EARNINGS 889,182 ARBITRAGE REBATE PAYMENT (315,643) TOTAL PROCEEDS OF ISSUE PART II, LINE 3 $47,233,539
PART II. LINE 3, COLUMN C - PROCEEDS FOR ISSUE	ISSUE PRICE OF THE BONDS PER PART I(E) $21,867,530 INVESTMENT EARNINGS 5 TOTAL PROCEEDS OF ISSUE PER PART II, LINE 3 $21,867,535
PART IV, 2C - REBATE COMPUTATION PERFORMED	REBATE COMPUTATION WAS PERFORMED ON 8/25/2009
PART IV, 2C - REBATE COMPUTATION PERFORMED	REBATE COMPUTATION WAS PERFORMED ON 8/25/2009

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (6 entries)

Relationship With OrgRelationshipWithOrgTxt	Cash GrantCashGrantAmt	Type Of AssistanceTypeOfAssistanceTxt	Assistance PurposeAssistancePurposeTxt
NA
N/A	$20,000	TUITION DISCOUNT	MERIT SCHOLARSHIP
NA
N/A	$25,000	TUITION DISCOUNT	MERIT SCHOLARSHIP
NA
N/A	$51,808	TUITION DISCOUNT	DEPENDENT TUITION
NA
N/A	$45,788	TUITION DISCOUNT	DEPENDENT TUITION
NA
N/A	$1,500	TUITION DISCOUNT	DEPENDENT TUITION
NA
N/A	$1,500	TUITION DISCOUNT	DEPENDENT TUITION

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
JUAN JOHNSON
SEE PART V	$131,000	CONSULTANT	0
COURTNEY TOLLISON
SEE PART V	$76,624	SALARY	0
ERICA J MEDVED
SEE PART V	$17,070	SALARY	0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCH L, PART III

THE UNIVERSITY HAS AN EMPLOYEE DEPENDENT TUITION REMISSION BENEFIT PLAN, WHICH IS AVAILABLE TO ALL EMPLOYEES AND ELIGIBLE DEPENDENTS.

SCH. L, PART IV

JUAN JOHNSON: UNIVERSITY TRUSTEE, JUAN JOHNSON, IS AN OFFICER OF JUAN JOHNSON CONSULTING AND FACILITATION, LLC. THE COMPANY PROVIDES DIVERSITY LEADERSHIP TRAINING THROUGH THE RICHARD W. RILEY INSTITUTE OF GOVERNMENT, POLITICS AND PUBLIC LEADERSHIP AT FURMAN UNIVERSITY.COURTNEY TOLLISON: SPOUSE OF UNIVERSITY TRUSTEE, SEAN HARTNESS, WAS PAID WAGES FOR HER EMPLOYMENT WITH THE FILING ORGANIZATION.ERICA MEDVED: SPOUSE OF HEAD BASKETBALL COACH, WAS PAID WAGES FOR HER EMPLOYMENT WITH THE FILING ORGANIZATION.

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$2	NoncashContributionsRptF990Amt

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$801	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Cars And Other Vehicles CarsAndOtherVehiclesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$12,389	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	83	ContributionCnt
Noncash Contributions Rpt F990	$2,420,116	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Securities Closely Held Stock SecuritiesCloselyHeldStockGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$100,068	NoncashContributionsRptF990Amt
Method Of Determining Revenues	INDEPENDENT VALUE	MethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	9	ContributionCnt
Noncash Contributions Rpt F990	$17,286	NoncashContributionsRptF990Amt
Method Of Determining Revenues	RETAIL	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	FURN & EQUIP	6	$7,830	FMV
Yes (X)	TUMBLING	1	$3,200	COST
Yes (X)	MUSICAL INSTRUMENTS	2	$1,276	FMV
Yes (X)	LIFE INS PREMIUM	1	$737	COST

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (1)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, COLUMN (B):	FURMAN UNIVERSITY IS ENTERING THE NUMBER OF CONTRIBUTIONS RECEIVED OF EACH TYPE IN ACCORDANCE WITH THE UNIVERSITY'S RECORDKEEPING PRACTICES.
PART I, LINE 32B:	VARIOUS BANKS AND BROKERS ARE USED TO SELL DONATED SECURITIES.
PART I, LINE 33:	FURMAN UNIVERSITY RECEIVED CONTRIBUTED SERVICES VALUED AT $23,200 FOR COURTESY CARS USED BY EMPLOYEES.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART I, LINE 1 - MISSION STATEMENT	FURMAN UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION PROVIDING A DISTINCTIVE UNDERGRADUATE AND GRADUATE EDUCATION THAT EMPHASIZES AN ENGAGED APPROACH TO LIBERAL LEARNING.
FORM 990, PART III, LINE 1	TO PROVIDE A DISTINCTIVE UNDERGRADUATE LIBERAL ARTS EDUCATION WHICH EMPHASIZES AN ENGAGED APPROACH TO LIBERAL LEARNING. FURMAN ALSO OFFERS GRADUATE PROGRAMS IN EDUCATION AND CHEMISTRY AND ALSO PROVIDES A CONTINUING EDUCATION PROGRAM FOR THE LARGER GREENVILLE, SC COMMUNITY.
FORM 990, PART III, LINE 4B	A FURMAN EDUCATION INCLUDES CO-CURRICULAR EXPERIENCES WHICH INCREASE THE TRAJECTORY OF A STUDENT'S DEVELOPMENT SOCIALLY, PHYSICALLY, CULTURALLY, SPIRITUALLY AND INTELLECTUALLY. THE OVERALL STUDENT EXPERIENCE GIVES STUDENTS THE OPPORTUNITY TO TEST THE THEORETICAL IN REAL WORLD APPLICATIONS, THUS PREPARING THEM FOR LIFE BEYOND HIGHER EDUCATION. INTERCOLLEGIATE ATHLETICS CONSISTS OF 20 SPORTS FOR MEN AND WOMEN. INTRAMURAL AND CLUB SPORTS ARE OFFERED AS WELL AS OPPORTUNITIES TO BE INVOLVED IN STUDENT GOVERNMENT, SERVICE PROJECTS, STUDENT MEDIA OUTLETS AND OVER 140 DIFFERENT STUDENT ORGANIZATIONS. STUDENT LIFE PROGRAMS INCLUDE CAREER SERVICES, A COUNSELING CENTER, STUDENT HEALTH, RELIGIOUS LIFE, DIVERSITY AND INCLUSION, RESIDENTIAL LIFE, AND THE TRONE STUDENT CENTER AND STUDENT ACTIVITIES.
FORM 990, PART VI, SECTION B, LINE 11	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, SECTION B, LINE 12C	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, SECTION B, LINE 15	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 BAISS. EXECUTIVE COMMITTEE MEETINGS ARE DOCUMENTED.
FORM 990, PART VI, SECTION C, LINE 19	FURMAN UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. ADDITIONALLY, THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS AND FORM 990 CAN BE FOUND ON THE FURMAN WEBSITE. THE CONSOLIDATED FINANCIAL STATEMENTS ARE INCLUDED ON THE NACUBO WEBSITE.
FORM 990, PART XI, LINE 9:	CHANGE IN INTEREST RATE EXCHANGE 128,537. CHANGE IN SPLIT INTEREST AGREEMENT 480,057. CHANGE IN CASH SURRENDER VALUE LIFE INS. 133,502.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Direct Controlling NADirectControllingNACd	Controlled OrganizationControlledOrganizationInd
FURMAN UNIVERSITY FOUNDATION
3300 POINSETT HWY	GREENVILLE	SC	29613	571061363	FOUNDATION	SC	501(C)(3)	11B TYPE II	N/A	0
HOLLINGSWORTH FUNDS INC
124 VERDAE BLVD STE 10	GREENVILLE	SC	29607	571003814	CHARITABLE	SC	501(C)(3)	11A TYPE I	N/A	0
UPCOUNTRY HISTORY MUSEUM
540 BUNCOMBE ST	GREENVILLE	SC	29601	570833796	MUSEUM	SC	501(C)(3)	7	N/A	0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Direct Controlling NADirectControllingNACd	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER UNITRUSTS (10)
SPLIT INTEREST	SC	N/A	T	0
CHARITABLE REMAINDER ANNUITY TRUST (1)
SPLIT INTEREST	SC	N/A	T	0

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (1)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
UPCOUNTRY HISTORY MUSEUM
B	$261,597	OPERATING SUPPORT
HOLLINGSWORTH FUNDS INC
C	$3,006,040	CASH RECEIVED
FURMAN UNIVERSITY FOUNDATION
C	$13,500	CASH RECEIVED
FURMAN UNIVERSITY FOUNDATION
S	$92,177	CASH RECEIVED

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCH R, PART V, LINE 2 TRANSACTIONS WITH RELATED ORGS	FormAndLineReferenceDesc
Explanation	THE UPCOUNTRY HISTORY MUSEUM IS A 501(C)(3) TAX EXEMPT ORGANIZATION. FURMAN UNIVERSITY PROVIDES OPERATING SUPPORT. 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, 2015 THE HOLLINGSWORTH FUNDS MADE A CASH GRANT OF $3,006,040 TO THE UNIVERSITY. THE GRANT PROVIDED FUNDING FOR THE HOLLINGSWORTH SCHOLARS PROGRAM, TWO ENDOWED PROFESSORSHIPS IN THE DEPARTMENTS OF ECONOMICS AND BUSINESS AND ACCOUNTING, AND SPECIFIC NEEDS OF THE DEPARTMENTS OF BUSINESS AND ACCOUNTING AND ECONOMICS. FURMAN UNIVERSITY FOUNDATION (FUF) ACCEPTS GIFTS OF REAL PROPERTY ON BEHALF OF FURMAN UNIVERSITY. AN INSTALLMENT SALE PAYMENT OF $13,500 WAS GRANTED TO THE UNIVERSITY. FURMAN APPLIED PAYMENT AS DIRECTED BY THE DONOR TO PARTIALLY FUND THE CONTRUCTION OF THE BASEBALL STADIUM. ADDITIONALLY, THE FOUNDATION, AS LESSOR, HAS A GROUND LEASE WITH A SC NON-PROFIT CORPORATION. LEASE PAYMENTS OF $92,177 WERE GRANTED TO THE UNIVERSITY.	ExplanationTxt