FURMAN UNIVERSITY

GREENVILLE, SC, 29613 (864) 294-3496 Est. 1826 EIN 57-0314395
B420 - Education 990 - Public charity return 501(c)(3)
www.furman.edu

Mission

THE PRIMARY MISSION OF FURMAN AS A LIBERAL ARTS INSTITUTION IS TO PROVIDE A DISTINCTIVE EDUCATION IN FINE ARTS, HUMANITIES, SOCIAL SCIENCES, MATHEMATICS AND THE SCIENCES, AS WELL AS SELECTED PROFESSIONAL DISCIPLINES.

Giving Portfolio

Total Grants
67
Total Giving
$2.5M
Recipients
67
Years Active
2017 - 2024
Avg grant: $38,266 Median: $17,366

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202412$307K $26K210
202210$301K $30K19
202110$324K $32K28
20205$194K $39K05
201911$456K $41K56
20189$429K $48K18
201710$520K $52K100

Sectors Funded

Arts, Culture & Humanities
13
Community Improvement
9
Recreation & Sports
8
Crime & Legal-Related
6
Philanthropy & Grantmaking
2
Religion-Related
2
Health Care
1
Education
1

Top States

South Carolina
60
District of Columbia
3
New Jersey
3
Georgia
1

Grantee Size Profile

$1M - $5M
30
$100K - $500K
6
$500K - $1M
6
$10M - $50M
2
Over $50M
2

Top Grantees

Page 1 of 3
$838K
GREENVILLE ARENA DISTRICT
SC - 6 grants
$453K
THE GREENVILLE DRIVE LLC
SC - 5 grants
$290K
M JUDSON LLC
SC - 2 grants
$181K
M JUDSON BOOKSELLERS
SC - 3 grants
$100K
SC - 4 grants
$40K
$39K

Grants Awarded · 47 grants

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Financials

Total Revenue
$296,850,871
Total Expenses
$280,054,127
Net Assets
$1,179,839,563
2,357 employees 31 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
4.2 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 2.8%
Expenses ↑ 3.7%
Revenue Sources
Contributions 12.8% Earned revenue 65.4% Investment 21.7%
Expense Breakdown
Program 89.4% Management 8.8% Fundraising 1.9%

Officers & Trustees (50)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$296,850,871 ↑$280,054,127$1,179,839,563
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$223,194,398 ↓$256,073,141$1,093,923,783
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$253,351,985 ↓$239,545,718$1,139,976,143
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$303,593,837 ↑$213,669,090$1,173,052,884
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$208,077,263 ↓$233,094,116$931,157,509
2018 990 - Public charity return
Jul 1, 2018 to Jun 30, 2019
$234,337,015 ↓$237,513,970$965,851,854
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$235,043,792 $230,519,501$978,692,745

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EIN: 57-0314395 · Source: IRS Form 990 e-file data