Public Charity

FURMAN UNIVERSITY FOUNDATION INC

FURMAN UNIVERSITY FOUNDATION INC is a nonprofit organization categorized as Public Charity based in GREENVILLE, SC. Its most recent IRS filing (2025) reports revenue of $1.8M, expenses of $343K, total assets of $22.9M. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $3.2M.

EIN: 571061363 GREENVILLE, SC Education N.E.C. NTEE: B99 Latest filing: 2025
Total Revenue$1.8M
Total Expenses$343K
Total Assets$22.9M
Grant Records5
Funding Total$3.2M
Filing Years2021–2025

Mission

TO OPERATE AS A NONPROFIT PUBLIC BENEFIT CORPORATION TO SERVE THE NEEDS AND INTERESTS OF FURMAN UNIVERSITY, AN EDUCATIONAL ORGANIZATION.

Where $100 goes at Furman University Foundation Inc

How Furman University Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$98
The foundation owns property for the benefit of furman university that is leased to a third party
99% of program spending
$1
The foundation holds and maintains real estate that is contiguous to the furman university campus
1% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE (FROM 08/24) Drew Parker
TRUSTEE Earle Furman
TRUSTEE (FROM 08/24) Jennifer Calabria
PRESIDENT Lindsay Smith
TRUSTEE (FROM 08/24) Paul Aiesi
TRUSTEE Richard W Wrenn

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$3,165,494 3 grants
General Support
$18,230 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.8M $343K $22.9M
2024 $1.7M $372K $21.6M
2023 $1.8M $453K $20.2M
2022 $1.7M $600K $18.7M
2021 $1.8M $311K $17.3M

Between 2021 and 2025, reported annual revenue held roughly steady at around $1.8M, with total assets most recently reported at $22.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FURMAN UNIVERSITY FOUNDATION INC

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