Furman University Foundation Inc

GREENVILLE, SC EIN: 57-1061363

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

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$21.6M

+7.0% YoY

Annual Giving

$330K

-26.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$330K

-26.2% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$482K$963K$1M$2M20202021202220232024
Metric202420232022
Total Assets$21,575,884$20,158,550$18,731,685
Revenue$1,749,875$1,751,716$1,749,880
Expenses$371,805$452,829$599,576
Qualifying Distributions
Net Investment Income$1,841$5
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$149K$297K$446K$594K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

FURMAN UNIVERSITY$330K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K4$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Furman University Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SUSAN MADDUXSECRETARY/TREASURER2
LINDSAY SMITHPRESIDENT2
STEWART SPINKSVICE PRESIDENT1
EARLE FURMANTRUSTEE1
SEAN HARTNESSTRUSTEE1
WILLIAM R TIMMONS IIITRUSTEE1
RICHARD W WRENNTRUSTEE1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

Greenville

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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