2015-05-13T09:38:53-05:00 2014-06-30 560574444 CHERRY BEKAERT LLP 201 WEST MCBEE AVENUE SUITE 200 GREENVILLE SC 29601 990 2013-07-01 570426335 CLEMSON UNIVERSITY FOUNDATION CLEM 8646561289 PO BOX 1889 CLEMSON SC 296331889 MICHAEL SULHAN TREASURER 8646561289 2015-05-08 1 MARK H COOTER P00091236 8642333981 2013 2016-02-25 16:41:14Z HARRISON F TRAMMELL PO BOX 1889 CLEMSON SC 296331889 97577348 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 2 145 1155460 0 31054091 42400934 2858542 2948683 15035502 17200375 1239008 1499304 50187143 64049296 22544166 22127130 0 0 1572025 1126270 457597 781818 4426577 12993528 14910849 37567316 38946067 12619827 25103229 587817884 686741384 160338657 184458143 427479227 502283241 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 12816370 11080514 0 RESTRICTED PROGRAM SUPPORT: DONORS PROVIDE GIFTS TO SUPPORT CLEMSON UNIVERSITY DEPARTMENTS AND PROGRAMS. 14167278 6886907 0 ENDOWED PROGRAMS: DONORS CONTRIBUTE GIFTS TO FUND ENDOWMENTS WHICH PROVIDE AN EARNINGS STREAM FOR SCHOLARSHIPS, PROFESSORSHIPS AND PROGRAM SUPPORT PER THE DONOR DIRECTIVES. 2061890 2061890 CAPITAL PROJECTS: THE FOUNDATION RAISES FUNDS TO CONSTRUCT UNIVERSITY BUILDINGS, LABS AND OUTDOOR SPACES TO SUPPORT CLEMSON UNIVERSITY. 3004107 2097819 2969272 EXPENSES IN SUPPORT OF CLEMSON UNIVERSITY ACTIVITIES. 3004107 2097819 2969272 32049645 1 1 0 1 0 1 1 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 123 0 2 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 KENDALL K ALLEY 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 GEORGE E BIEDIGER 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 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 X 0 0 0 SAMUEL DOZIER 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 FRED FAIRCLOTH III DIRECTOR 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 ANN H HUNTER DIRECTOR 1.00 X 0 0 0 STEPHEN F HUTCHINSON DIRECTOR 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 TRUSTEE - DIRECTOR 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 X 0 0 0 CHERI PHYFER DIRECTOR 1.00 X 0 0 0 BETTY J POE DIRECTOR 1.00 X 0 0 0 EDDIE M ROBINSON DIRECTOR 1.00 X 0 0 0 NEIL C ROBINSON JR DIRECTOR 1.00 X 0 0 0 G GRAHAM SEGARS JR DIRECTOR 4.00 X 0 0 0 BARTOW S SHAW JR DIRECTOR 1.00 X 0 0 0 KENNETH L SMITH DIRECTOR 1.00 X 0 0 0 JANE S SOSEBEE DIRECTOR 1.00 X 0 0 0 DANIEL C STANZIONE DIRECTOR 1.00 X 0 0 0 CHARLES L SULLIVAN JR DIRECTOR 2.00 X 0 0 0 MICHAEL E WATT DIRECTOR 1.00 X 0 0 0 LEON J HENDRIX JR TRUSTEE - EX OFFICIO DIREC 1.00 X 0 0 0 JOSEPH D SWANN TRUSTEE - EX OFFICIO DIREC 1.00 X 0 0 0 NADIM M AZIZ EX OFFICIO DIRECTOR 1.00 36.50 X 0 268492 55894 CATHERINE PORTO EX OFFICIO DIRECTOR 1.00 36.50 X 0 177134 14425 MATTHEW BUNDRICK EX OFFICIO DIRECTOR 1.00 36.50 X 0 57069 7955 JAMES P CLEMENTS EX OFFICIO DIRECTOR 1.00 36.50 X 0 0 0 RYAN HEIL EX OFFICIO DIRECTOR 1.00 X 0 0 0 ANTONIS KATSIYANNIS EX OFFICIO DIRECTOR 1.00 36.50 X 0 159552 29523 MADISON THOMPSON EX OFFICIO DIRECTOR 1.00 X 0 0 0 MARY JOY PIZZELLA DIRECTOR 1.00 X 0 0 0 HARRISON F TRAMMELL PRESIDENT & CEO 31.50 6.00 X 0 263094 28766 AMY GIBBS SECRETARY 33.80 3.70 X 0 40946 2183 MICHAEL SULHAN TREASURER 37.50 X 0 133110 19577 GERRY L KIERSTEAD SECRETARY 1.00 36.50 X 0 19596 5543 LAURA HASELDEN ASST TREASURER 1.00 36.50 X 0 82384 17361 JOHN C ALEXANDER JR CIO CLEMSON UNIV-EX OFFICIO 8.00 29.50 X 55688 166863 13844 JAMES F BARKER CLEMSON UNIV PRES.-EX OFFICIO 12.00 25.50 X 172344 241021 57148 A NEILL CAMERON JR CLEMSON UNIV VP ADVANCEMENT-EX OFFICIO 6.00 31.50 X 0 231052 48710 BRETT A DALTON CLEMSON UNIV CFO-EX OFFICIO 1.00 36.50 X 0 321913 52069 DORIS R HELMS CLEMSON UNIV PROVOST-EX OFFICIO 1.00 36.50 X 0 193604 36728 BRIAN J O'ROURKE DIR. OF DEVELOPMENT-EX OFFICIO 1.00 36.50 X 0 239886 43423 228032 2595716 433149 1 0 1 0 CAMBRIDGE ASSOCIATES LLC PO BOX 83232 CHICAGO IL 60691 CONSULTING 895752 COLLEGE CONNECTION 6129 LONG MEADOW ROAD MCLEAN VA 22101 CONSULTING 206320 ELECTRIC CITY PRINTING 730 HAMPTON ROAD WILLIAMSTON SC 29697 PRINTING 108511 CUSTOM AUDIO & LIGHTING 3087 OLD HODGES ROAD ABBEVILLE SC 29620 AUDIO & VIDEO 107856 FOURTH QUANDRANT INC 411 UNIVERSITY RIDGE GREENVILLE SC 29601 SOFTWARE DEVELOPMENT 104689 5 34674 42366260 2622986 42400934 ENDOWMENT MANAGEMENT FEE 523000 1856730 1856730 DEVELOPMENT FEES 561000 626808 626808 ALUMNI AND FRIENDS PROGRAM INCOME 561000 388197 388197 DEVELOPMENT PROGRAMS 561000 76948 76948 2948683 10116012 923632 9192380 1130667 1130667 40530459 33446096 7084363 7084363 7084363 96453 34674 81956 14497 14497 MARKETING PROGRAM 541800 164991 63268 101723 CCIT COMMISSION 541800 75466 75466 ADVERTISING 511120 52708 52708 60975 20589 40386 354140 64049296 2969272 1155460 17523630 22127130 22127130 950288 531693 418595 150345 150345 25637 5264 20373 49033 8343 40690 781818 781818 7663548 7280371 383177 385557 385557 300217 138236 49719 112262 1900920 398432 163656 1338832 192106 21840 71426 98840 857840 553254 193734 110852 681101 256020 90984 334097 38772 3593 3208 31971 46902 46902 280326 210331 42610 27385 OFFICIAL FUNCT & EVENTS 890171 170623 719548 DEVELOPMENT FEES 626808 581615 45193 SUPPLIES 491626 183037 38172 270417 AWARDS & GIFTS 266024 158648 21065 86311 239898 81893 82729 75276 38946067 32049645 2469845 4426577 42973306 36833151 28225297 37864656 10930285 1453039 9524148 9477246 365525834 453631457 138171165 145325885 3398134 3608989 587817884 686741384 420165 555306 159918492 183902837 160338657 184458143 X 21489251 26369732 163515740 217099896 242474236 258813613 427479227 502283241 587817884 686741384 X 25103229 45077385 4623400 X X 0 1 X 1 0 X 23733242 22542450 36147090 31054091 42400934 155877807 23733242 22542450 36147090 31054091 42400934 155877807 4896536 150981271 7902994 16243366 8744383 11093132 10323047 54306922 -331203 -301219 49690 324570 538947 280785 39674 25916 11183 14670 116220 207663 210673177 12262663 0.71670 0.69030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60718 60718 31988927 32049645 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 110807 77566 63479 60718 312570 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-B, LINE 1: LEGISLATIVE ACTIVITIES: THREE CLEMSON UNIVERSITY EMPLOYEES (ANGIE LEIDINGER, KATHY COLEMAN, AND KATY BAYLESS) 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. KATY BAYLESS IS A REGISTERED FEDERAL LOBBYIST FOR CLEMSON UNIVERSITY. THE CLEMSON UNIVERSITY FOUNDATION PROVIDES NO FUNDING FOR EXPENSES ASSOCIATED WITH HER ACTIVITIES. 2 0 4317 182073 1 1 X X 2 608.44 0 0 0 1 0 675.00 32559 0 13059367 2227946 1433591 13853722 0 326453829 18218106 51683871 2701614 6609091 387045101 294007873 8984586 32121897 2487664 6172863 326453829 293557105 12196333 -5545511 2597993 3602061 294007873 229948047 14341955 55178870 2482942 3428825 293557105 201464608 10953007 21012374 1576834 1905108 229948047 0.05000 0.59000 0.36000 0 0 11900 8971049 8982949 1833458 1339161 494297 113878 113878 0 9477246 PRIVATE EQUITY 22059510 C REAL ESTATE 11045905 F OTHER SECURITIES 1389305 F NOTE RECEIVABLE UNIVERSITY REAL ESTATE FOUNDATION 20000000 F HEDGE FUNDS 90831165 F 145325885 DUE TO RELATED ORGANIZATIONS 132795 TRUST FUNDS ADMINISTERED FOR AFFILIATE 2701147 ACCRUED LIABILITY DUE TO INVESTMENT APPRECIATION 72621730 NOTE PAYABLE TO CLEMSON UNIV - ASSETS HELD FOR INVESTMENT 102919316 LIFE ANNUITIES PAYABLE TO DONORS 5527849 183902837 X 106168489 45077385 4705356 49782741 56385748 7663548 7663548 64049296 31364475 81956 81956 31282519 7663548 7663548 38946067 PART II, LINE 5: THE ORGANIZATION DOES NOT HAVE A WRITTEN POLICY, HOWEVER, AN INSPECTION OF THE PROPERTY IS DONE MONTHLY AND A FUEL MITIGATION PROJECT WAS COMPLETED ON SITE TO MINIMIZE IMPACTS FROM FIRE TO SURROUNDING PROPERTIES. PART II, LINE 6: STAFF AND VOLUNTEER HOURS: THE PROPERTY IS INSPECTED MONTHLY BY ASSIGNED TECHNICIANS WHO DRIVE AND WALK THE PROPERTY AND REPORT ANY CONCERNS TO MANAGEMENT. IN 2014 THREE FACULTY, TWO STAFF AND FIVE STUDENTS CONDUCTED 675 HOURS OF RESEARCH ON THE VEGETATIVE HABITAT OF THE PROPERTY. PART II, LINE 7: EXPENSE: $32,559 WAS SPENT FOR SALARIES AND SUPPLIES RELATED TO MONITORING, INSPECTING AND CONDUCTING RESEARCH ON THE PROPERTY IN 2014. PART II, LINE 8: THERE ARE NO CONSERVATION EASEMENTS OR CERTIFIED HISTORIC STRUCTURES ACQUIRED AFTER 8/17/2006. PART II, LINE 9: LAND WITH AN APPRAISED VALUE OF $8,971,049 IS HELD BY THE FOUNDATION. A CONSERVATION EASEMENT REQUIRING THE LAND REMAIN IN AN UNDEVELOPED STATE HAS BEEN ASSIGNED, WITH AN EXCEPTION MADE FOR THE CONSTRUCTION, OPERATION, AND MANAGEMENT OF A RESEARCH AND EDUCATIONAL FACILITY. ACCORDINGLY, THE PROPERTY HAS BEEN APPRAISED WITH THE CONSERVATION EASEMENT VALUED AT $8,053,631 AND LAND OF $917,418. 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 ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ON JULY 1, 2009. 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, 2014 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. THE OPEN TAX YEARS FOR THE FOUNDATION INCLUDE THE YEARS ENDED JUNE 30, 2011, 2012 AND 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF LIFE INSURANCE POLICIES 135,727. SPECIAL EVENTS - EXPENSES 81,956. TAX ADJ. FOR INVESTMENT INCOME FROM ALTERNATIVE INVESTMENTS 3,168,254. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 1,319,419. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES - SPECIAL EVENTS IN PART VIII 81,956. CENTRAL AMERICA AND THE CARIBBEAN - 0 0 INVESTMENTS 98688000 0 0 0 0 0 0 98688000 0 98688000 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 DID NOT MEET THE FORM 926 FILING REQUIRMENTS. 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 2014. 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 16500 -16500 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 197833 -197833 ALEXANDER HAAS MARTIN INC 3520 PIEDMONT RD SUITE 300 ATLANTA GA 30305 CAMPAIGN CONSULTANT 0 0 27500 -27500 DAVID ATCHLEY 17 WOODVALE AVENUE GREENVILLE SC 29605 CAMPAIGN CONSULTANT 0 0 22500 -22500 GRENZEBACH GLIER & ASSOC 401 N MICHIGAN AVE CHICAGO IL 60611 CAMPAIGN CONSULTANT 0 0 44639 -44639 EDUVENTURES 101 FEDERAL STREET 12TH FLOOR BOSTON MA 02110 CAMPAIGN CONSULTANT 0 0 54250 -54250 JAMES CLEMENTS 201 SIKES HALL CLEMSON SC 29634 EMPLOYEE/FUND RAISER 0 0 246252 -246252 781818 -781818 SC BROOK CENTER FUNDRAISER & SILENT AU 52843 850 51993 9709 8129 4762 VISUAL ARTS GALA & SILENT AUCTION 73434 33824 39610 3500 8346 26939 1 4850 4850 20571 131127 34674 96453 13209 16475 52272 81956 14497 1 CLEMSON UNIVERSITY ADMIN SERVICES BLDG 108 PERIMETER RD CLEMSON SC 29634 576000254 IRC 115 22036285 90845 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 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 X 0 0 0 1 1 0 0 0 0 NADIM M AZIZ EX OFFICIO DIRECTOR 0 267832 0 0 0 660 0 41725 0 14169 0 324386 0 0 CATHERINE PORTO EX OFFICIO DIRECTOR 0 177134 0 0 0 0 0 8937 0 5488 0 191559 0 0 ANTONIS KATSIYANNIS EX OFFICIO DIRECTOR 0 159552 0 0 0 0 0 0 0 29523 0 189075 0 0 HARRISON F TRAMMELL PRESIDENT & CEO 0 237611 0 10000 0 15483 0 11712 0 17054 0 291860 0 0 MICHAEL SULHAN TREASURER 0 124294 0 8000 0 816 0 6083 0 13494 0 152687 0 0 JOHN C ALEXANDER JR CIO CLEMSON UNIV-EX OFFICIO 55688 166863 0 0 0 0 0 8425 0 5419 55688 180707 0 0 JAMES F BARKER CLEMSON UNIV PRES.-EX OFFICIO 172344 239434 0 0 0 1587 0 37779 0 19369 172344 298169 0 0 A NEILL CAMERON JR CLEMSON UNIV VP ADVANCEMENT-EX OFFIC 0 227689 0 0 0 3363 0 35575 0 13135 0 279762 0 0 BRETT A DALTON CLEMSON UNIV CFO-EX OFFICIO 0 321913 0 0 0 0 0 46326 0 5743 0 373982 0 0 DORIS R HELMS CLEMSON UNIV PROVOST-EX OFFICIO 0 193060 0 0 0 544 0 29773 0 6955 0 230332 0 0 BRIAN J O'ROURKE DIR. OF DEVELOPMENT-EX OFFICIO 0 211376 0 20000 0 8510 0 29894 0 13529 0 283309 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: GEORGE BIEDIGER - CLEMSON UNIVERSITY REAL ESTATE FOUNDATION AND CLEMSON UNIVERSITY LAND STEWARDSHIP FOUNDATION 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 AMY GIBBS LAURA HASELDEN THE FOLLOWING EMPLOYEES OF CLEMSON UNIVERSITY ARE EX-OFFICIO MEMBERS OF THE CUF BOARD: A. NEILL CAMERON, JR. JAMES F. BARKER JOHN C. ALEXANDER, JR. BRETT A. DALTON DORIS R. HELMS BRIAN J. O'ROURKE NADIM M. AZIZ CATHERINE PORTO JAMES P. CLEMENTS MATTHEW BUNDRICK ANTONIS KATSIYANNIS X 100 2622986 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 AUDIT COMMITTEE REVIEWS THE 990 IN DETAIL AND A COPY IS PROVIDED TO THE FULL BOARD PRIOR TO FILING. 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 TWO EMPLOYEES IN CALENDAR YEAR 2013 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 135,727. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 1,319,419. TAX ADJ. FOR INVESTMENT INCOME FROM ALTERNATIVE INVESTMENTS 3,168,254. 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 THIRTEEN YEARS. CUF HAS AN AUDIT COMMITTEE WHICH MEETS AT LEAST THREE TIMES A YEAR AND INTERACTS DIRECTLY WITH THE AUDIT FIRM. 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 ADMN SERVICES BLDG 108 PERIMETER RD CLEMSON SC 29634 576000254 RESEARCH UNIVERSITY SC IRC 115 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 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 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 CHARITABLE REMAINDER ANNUITY TRUSTS (3) TRUST SC N/A 0 CHARITABLE REMAINDER TRUSTS (44) TRUST SC N/A 0 0 1 0 1 1 0 0 0 0 0 1 0 0 1 1 1 1 1 0 CLEMSON UNIVERSITY - GRANT B 22127130 BOOK VALUE CU CONTINUING EDUCATION & CONF COMPLEX CORP - GIFTS DESIGNATED FOR CECCC B 76595 AUDITED FINANCIAL REPORT CU LAND STEWARDSHIP FOUNDATION - ENDOWMENT FUNDS LOANED FOR INVESTMENT D 20932472 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY - ENDOWMENT FUNDS LOANED FOR INVESTMENT E 175541046 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY - LEASE STADIUM BOX 63 K 70000 AUDITED FINANCIAL REPORT CU CUF CUREF - SHARE FACILITIES AND DONOR DATABASE M 0 BOOK VALUE CLEMSON UNIVERSITY - SHARE PAID EMPLOYEES N 0 BOOK VALUE CLEMSON UNIVERSITY - TRANSFER FUNDS FOR OPERATIONS O 228094 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY - ENDOWMENT MANAGEMENT FEE P 1856684 AUDITED FINANCIAL REPORT CLEMSON UNIV RESEARCH FOUNDATION - TRANSFER OF FUNDS FOR OPERATION Q 147786 AUDITED FINANCIAL REPORT CLEMSON UNIVERSITY -EQUIPMENT DONATED TO CU Q 90845 AUDITED FINANCIAL REPORT CULSF - GUARANTEES ANY LOAN PAYMENTS NOT MADE FOR CET BUILDING D 0 AUDITED FINANCIAL REPORT