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Employer Identification Number 57-0314395

FURMAN UNIVERSITY is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:FURMAN UNIVERSITY
Employer identification number (EIN):57-0314395
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:611000
401k Pension/Benefits registration FURMAN UNIVERSITY 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementFURMAN UNIVERSITY IS AN INSTITUTION OF HIGHER EDUCATION PROVIDING A DISTINCTIVE UNDERGRADUATE AND GRADUATE EDUCATION THAT EMPHASIZES AN ENGAGED APPROACH TO LIBERAL LEARNING, COMBINING CLASSROOM LEARNING WITH REAL WORLD EXPERIENCES AND SELF-DISCOVERY.
Number of Employees2656
Number of Volunteers75
Year Formed1826

Organization Governance

Legal DomicileSC
Voting Members - Governing Body36
Voting Members - Independent35

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ -205,097
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 165,918,573
Program Service Revenue from current yearUSD $ 172,953,629
Investment Income from prior yearUSD $ 40,499,285
Investment Income from current yearUSD $ 21,160,870
Other Revenue from prior yearUSD $ 1,279,170
Other Revenue from current yearUSD $ 562,619
Gross receipts from all sourcesUSD $ 423,818,353
Net assets / fund balances at end of fiscal yearUSD $ 1,093,923,783
Net assets / fund balances at beginning of fiscal yearUSD $ 1,139,976,143
Total liabilities at end of fiscal yearUSD $ 186,472,531
Total liabilities at beginning of fiscal yearUSD $ 188,431,815
Total assets at end of fiscal yearUSD $ 1,280,396,314
Total assets at beginning of fiscal yearUSD $ 1,328,407,958
Revenues less expenses for current yearUSD $ -32,878,743
Revenues less expenses for previous yearUSD $ 13,806,267
Total expenses for current yearUSD $ 256,073,141
Total expenses for previous yearUSD $ 239,545,718
Other expenses in current yearUSD $ 89,797,408
Other expenses in previous yearUSD $ 74,992,806
Total fundraising expenses in current yearUSD $ 6,094,846
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 88,202,380
Employee salary and benefits paid in previous yearUSD $ 92,201,699
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 78,073,353
Grants and similar amounts paid in previous yearUSD $ 72,351,213
Total revenue in current fiscal yearUSD $ 223,194,398
Total revenue in previous fiscal yearUSD $ 253,351,985
Contributions and grants from current yearUSD $ 28,517,280
Contributions and grants from previous yearUSD $ 45,654,957
Gross income from fundraising eventsUSD $ 103,273
2022-06-30
Total unrelated business incomeUSD $ -3,969,522
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 153,333,893
Program Service Revenue from current yearUSD $ 165,918,573
Investment Income from prior yearUSD $ 65,376,898
Investment Income from current yearUSD $ 40,499,285
Other Revenue from prior yearUSD $ 1,317,571
Other Revenue from current yearUSD $ 1,279,170
Gross receipts from all sourcesUSD $ 310,033,581
Net assets / fund balances at end of fiscal yearUSD $ 1,139,976,143
Net assets / fund balances at beginning of fiscal yearUSD $ 1,173,052,884
Total liabilities at end of fiscal yearUSD $ 188,431,815
Total liabilities at beginning of fiscal yearUSD $ 118,910,395
Total assets at end of fiscal yearUSD $ 1,328,407,958
Total assets at beginning of fiscal yearUSD $ 1,291,963,279
Revenues less expenses for current yearUSD $ 13,806,267
Revenues less expenses for previous yearUSD $ 89,924,747
Total expenses for current yearUSD $ 239,545,718
Total expenses for previous yearUSD $ 213,669,090
Other expenses in current yearUSD $ 74,992,806
Other expenses in previous yearUSD $ 58,758,211
Total fundraising expenses in current yearUSD $ 5,301,453
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 92,201,699
Employee salary and benefits paid in previous yearUSD $ 90,282,647
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 72,351,213
Grants and similar amounts paid in previous yearUSD $ 64,628,232
Total revenue in current fiscal yearUSD $ 253,351,985
Total revenue in previous fiscal yearUSD $ 303,593,837
Contributions and grants from current yearUSD $ 45,654,957
Contributions and grants from previous yearUSD $ 83,565,475
Gross income from fundraising eventsUSD $ 86,234
Total of other revenueUSD $ 200,753
2021-06-30
Total unrelated business incomeUSD $ -1,028,382
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 169,959,276
Program Service Revenue from current yearUSD $ 153,333,893
Investment Income from prior yearUSD $ 13,380,096
Investment Income from current yearUSD $ 65,376,898
Other Revenue from prior yearUSD $ 1,461,843
Other Revenue from current yearUSD $ 1,317,571
Gross receipts from all sourcesUSD $ 340,606,488
Net assets / fund balances at end of fiscal yearUSD $ 1,173,052,884
Net assets / fund balances at beginning of fiscal yearUSD $ 931,157,509
Total liabilities at end of fiscal yearUSD $ 118,910,395
Total liabilities at beginning of fiscal yearUSD $ 118,690,023
Total assets at end of fiscal yearUSD $ 1,291,963,279
Total assets at beginning of fiscal yearUSD $ 1,049,847,532
Revenues less expenses for current yearUSD $ 89,924,747
Revenues less expenses for previous yearUSD $ -25,016,853
Total expenses for current yearUSD $ 213,669,090
Total expenses for previous yearUSD $ 233,094,116
Other expenses in current yearUSD $ 58,758,211
Other expenses in previous yearUSD $ 71,613,336
Total fundraising expenses in current yearUSD $ 4,852,061
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 90,282,647
Employee salary and benefits paid in previous yearUSD $ 94,226,623
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 64,628,232
Grants and similar amounts paid in previous yearUSD $ 67,254,157
Total revenue in current fiscal yearUSD $ 303,593,837
Total revenue in previous fiscal yearUSD $ 208,077,263
Contributions and grants from current yearUSD $ 83,565,475
Contributions and grants from previous yearUSD $ 23,276,048
Total of other revenueUSD $ 355,272
2020-06-30
Total unrelated business incomeUSD $ -1,513,322
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 177,663,493
Program Service Revenue from current yearUSD $ 169,959,276
Investment Income from prior yearUSD $ 28,706,816
Investment Income from current yearUSD $ 13,380,096
Other Revenue from prior yearUSD $ 1,772,161
Other Revenue from current yearUSD $ 1,461,843
Gross receipts from all sourcesUSD $ 298,586,234
Net assets / fund balances at end of fiscal yearUSD $ 931,157,509
Net assets / fund balances at beginning of fiscal yearUSD $ 965,851,854
Total liabilities at end of fiscal yearUSD $ 118,690,023
Total liabilities at beginning of fiscal yearUSD $ 126,688,867
Total assets at end of fiscal yearUSD $ 1,049,847,532
Total assets at beginning of fiscal yearUSD $ 1,092,540,721
Revenues less expenses for current yearUSD $ -25,016,853
Revenues less expenses for previous yearUSD $ -3,176,955
Total expenses for current yearUSD $ 233,094,116
Total expenses for previous yearUSD $ 237,513,970
Other expenses in current yearUSD $ 71,613,336
Other expenses in previous yearUSD $ 72,522,097
Total fundraising expenses in current yearUSD $ 5,253,214
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 94,226,623
Employee salary and benefits paid in previous yearUSD $ 92,720,456
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 67,254,157
Grants and similar amounts paid in previous yearUSD $ 72,271,417
Total revenue in current fiscal yearUSD $ 208,077,263
Total revenue in previous fiscal yearUSD $ 234,337,015
Contributions and grants from current yearUSD $ 23,276,048
Contributions and grants from previous yearUSD $ 26,194,545
Gross income from fundraising eventsUSD $ 111,454
Cost of goods soldUSD $ 164,051
Gross sales of inventory assetsUSD $ 104,842
2019-06-30
Total unrelated business incomeUSD $ -1,604,703
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 171,747,406
Program Service Revenue from current yearUSD $ 177,663,493
Investment Income from prior yearUSD $ 36,138,541
Investment Income from current yearUSD $ 28,706,816
Other Revenue from prior yearUSD $ 2,678,609
Other Revenue from current yearUSD $ 1,772,161
Gross receipts from all sourcesUSD $ 341,500,085
Net assets / fund balances at end of fiscal yearUSD $ 965,851,854
Net assets / fund balances at beginning of fiscal yearUSD $ 978,692,745
Total liabilities at end of fiscal yearUSD $ 126,688,867
Total liabilities at beginning of fiscal yearUSD $ 138,582,015
Total assets at end of fiscal yearUSD $ 1,092,540,721
Total assets at beginning of fiscal yearUSD $ 1,117,274,760
Revenues less expenses for current yearUSD $ -3,176,955
Revenues less expenses for previous yearUSD $ 4,524,291
Total expenses for current yearUSD $ 237,513,970
Total expenses for previous yearUSD $ 230,519,501
Other expenses in current yearUSD $ 72,522,097
Other expenses in previous yearUSD $ 69,257,682
Total fundraising expenses in current yearUSD $ 3,862,681
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 92,720,456
Employee salary and benefits paid in previous yearUSD $ 89,877,273
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 72,271,417
Grants and similar amounts paid in previous yearUSD $ 71,384,546
Total revenue in current fiscal yearUSD $ 234,337,015
Total revenue in previous fiscal yearUSD $ 235,043,792
Contributions and grants from current yearUSD $ 26,194,545
Contributions and grants from previous yearUSD $ 24,479,236
Gross income from fundraising eventsUSD $ 200,543
Cost of goods soldUSD $ 170,356
Gross sales of inventory assetsUSD $ 155,278
Total of other revenueUSD $ 0
2018-06-30
Total unrelated business incomeUSD $ 6,445
Net unrelated business incomeUSD $ -737,016
Program Service Revenue from prior yearUSD $ 169,758,873
Program Service Revenue from current yearUSD $ 171,747,406
Investment Income from prior yearUSD $ 36,867,364
Investment Income from current yearUSD $ 36,138,541
Other Revenue from prior yearUSD $ 1,626,971
Other Revenue from current yearUSD $ 2,678,609
Gross receipts from all sourcesUSD $ 287,372,761
Net assets / fund balances at end of fiscal yearUSD $ 978,692,745
Net assets / fund balances at beginning of fiscal yearUSD $ 945,846,347
Total liabilities at end of fiscal yearUSD $ 138,582,015
Total liabilities at beginning of fiscal yearUSD $ 150,418,221
Total assets at end of fiscal yearUSD $ 1,117,274,760
Total assets at beginning of fiscal yearUSD $ 1,096,264,568
Revenues less expenses for current yearUSD $ 4,524,291
Revenues less expenses for previous yearUSD $ 15,077,752
Total expenses for current yearUSD $ 230,519,501
Total expenses for previous yearUSD $ 221,185,222
Other expenses in current yearUSD $ 69,257,682
Other expenses in previous yearUSD $ 66,256,455
Total fundraising expenses in current yearUSD $ 4,352,615
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 89,877,273
Employee salary and benefits paid in previous yearUSD $ 84,335,339
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 71,384,546
Grants and similar amounts paid in previous yearUSD $ 70,593,428
Total revenue in current fiscal yearUSD $ 235,043,792
Total revenue in previous fiscal yearUSD $ 236,262,974
Contributions and grants from current yearUSD $ 24,479,236
Contributions and grants from previous yearUSD $ 28,009,766
Gross income from fundraising eventsUSD $ 208,876
Cost of goods soldUSD $ 196,373
Gross sales of inventory assetsUSD $ 326,264
2017-06-30
Total unrelated business incomeUSD $ 248,659
Program Service Revenue from prior yearUSD $ 163,183,735
Program Service Revenue from current yearUSD $ 169,758,873
Investment Income from prior yearUSD $ 15,816,388
Investment Income from current yearUSD $ 36,867,364
Other Revenue from prior yearUSD $ 2,817,590
Other Revenue from current yearUSD $ 1,626,971
Gross receipts from all sourcesUSD $ 301,947,464
Net assets / fund balances at end of fiscal yearUSD $ 945,846,347
Net assets / fund balances at beginning of fiscal yearUSD $ 894,605,895
Total liabilities at end of fiscal yearUSD $ 150,418,221
Total liabilities at beginning of fiscal yearUSD $ 155,119,097
Total assets at end of fiscal yearUSD $ 1,096,264,568
Total assets at beginning of fiscal yearUSD $ 1,049,724,992
Revenues less expenses for current yearUSD $ 15,077,752
Revenues less expenses for previous yearUSD $ 34,937,737
Total expenses for current yearUSD $ 221,185,222
Total expenses for previous yearUSD $ 209,953,696
Other expenses in current yearUSD $ 66,256,455
Other expenses in previous yearUSD $ 68,494,308
Total fundraising expenses in current yearUSD $ 5,110,388
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 84,335,339
Employee salary and benefits paid in previous yearUSD $ 79,168,636
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 70,593,428
Grants and similar amounts paid in previous yearUSD $ 62,290,752
Total revenue in current fiscal yearUSD $ 236,262,974
Total revenue in previous fiscal yearUSD $ 244,891,433
Contributions and grants from current yearUSD $ 28,009,766
Contributions and grants from previous yearUSD $ 63,073,720
Gross income from fundraising eventsUSD $ 130,049
Cost of goods soldUSD $ 225,929
Gross sales of inventory assetsUSD $ 283,683
Total of other revenueUSD $ -52,539
2016-06-30
Total unrelated business incomeUSD $ 249,039
Net unrelated business incomeUSD $ -24,537
Program Service Revenue from prior yearUSD $ 162,199,469
Program Service Revenue from current yearUSD $ 163,183,735
Investment Income from prior yearUSD $ 48,363,384
Investment Income from current yearUSD $ 15,816,388
Other Revenue from prior yearUSD $ 2,261,657
Other Revenue from current yearUSD $ 2,817,590
Gross receipts from all sourcesUSD $ 276,744,447
Net assets / fund balances at end of fiscal yearUSD $ 894,605,895
Net assets / fund balances at beginning of fiscal yearUSD $ 880,219,981
Total liabilities at end of fiscal yearUSD $ 155,119,097
Total liabilities at beginning of fiscal yearUSD $ 128,843,046
Total assets at end of fiscal yearUSD $ 1,049,724,992
Total assets at beginning of fiscal yearUSD $ 1,009,063,027
Revenues less expenses for current yearUSD $ 34,937,737
Revenues less expenses for previous yearUSD $ 32,870,489
Total expenses for current yearUSD $ 209,953,696
Total expenses for previous yearUSD $ 198,719,469
Other expenses in current yearUSD $ 68,494,308
Other expenses in previous yearUSD $ 65,900,665
Total fundraising expenses in current yearUSD $ 4,250,312
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 3,390
Employee salary and benefits paid in current yearUSD $ 79,168,636
Employee salary and benefits paid in previous yearUSD $ 74,796,480
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 62,290,752
Grants and similar amounts paid in previous yearUSD $ 58,018,934
Total revenue in current fiscal yearUSD $ 244,891,433
Total revenue in previous fiscal yearUSD $ 231,589,958
Contributions and grants from current yearUSD $ 63,073,720
Contributions and grants from previous yearUSD $ 18,765,448
Gross income from fundraising eventsUSD $ 153,277
Cost of goods soldUSD $ 193,146
Gross sales of inventory assetsUSD $ 237,348
Total of other revenueUSD $ 810,785
2015-06-30
Total unrelated business incomeUSD $ 322,359
Net unrelated business incomeUSD $ -111,291
Program Service Revenue from prior yearUSD $ 156,859,490
Program Service Revenue from current yearUSD $ 162,199,469
Investment Income from prior yearUSD $ 59,374,281
Investment Income from current yearUSD $ 48,363,384
Other Revenue from prior yearUSD $ 1,475,810
Other Revenue from current yearUSD $ 2,261,657
Gross receipts from all sourcesUSD $ 289,825,837
Net assets / fund balances at end of fiscal yearUSD $ 880,219,981
Net assets / fund balances at beginning of fiscal yearUSD $ 886,892,292
Total liabilities at end of fiscal yearUSD $ 128,843,046
Total liabilities at beginning of fiscal yearUSD $ 128,739,329
Total assets at end of fiscal yearUSD $ 1,009,063,027
Total assets at beginning of fiscal yearUSD $ 1,015,631,621
Revenues less expenses for current yearUSD $ 32,870,489
Revenues less expenses for previous yearUSD $ 40,656,998
Total expenses for current yearUSD $ 198,719,469
Total expenses for previous yearUSD $ 193,976,803
Other expenses in current yearUSD $ 65,900,665
Other expenses in previous yearUSD $ 66,141,513
Total fundraising expenses in current yearUSD $ 4,070,324
Professional fundraising fees from current yearUSD $ 3,390
Professional fundraising fees from previous yearUSD $ 3,390
Employee salary and benefits paid in current yearUSD $ 74,796,480
Employee salary and benefits paid in previous yearUSD $ 73,769,621
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 58,018,934
Grants and similar amounts paid in previous yearUSD $ 54,062,279
Total revenue in current fiscal yearUSD $ 231,589,958
Total revenue in previous fiscal yearUSD $ 234,633,801
Contributions and grants from current yearUSD $ 18,765,448
Contributions and grants from previous yearUSD $ 16,924,220
Gross income from fundraising eventsUSD $ 141,201
Cost of goods soldUSD $ 122,426
Gross sales of inventory assetsUSD $ 230,630
Total of other revenueUSD $ 767,125

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 570314395

USA Mailing Address
3300 POINSETT HIGHWAY
GREENVILLE
SC
29613
Date first seen: 2008-07-01
Date last seen: 2024-06-30
USA Mailing Address
3300 POINSETT HWY
GREENVILLE
SC
296130002
Date first seen: 2010-07-27
Date last seen: 2023-12-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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