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Furman University

Public charityFed auditsIRS 990990-T FY2023
DBA: % SHERRY MIMS
Other · GREENVILLE, SC · EIN 57-0314395

About

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.

In care of Sherry MIMS

Donations are tax-deductible
Category
Other
Employees
2,403
Volunteers
31

Financial Snapshot

FY ending 2023-06-30
Revenue
$223.2M
Expenses
$256.1M
Assets
$1.3B
Liabilities
$186.5M

Financial history

$256.1M$128.0M$0
1617181920212223
RevenueExpenses
Latest FY2023: $223.2M · Peak FY2022: $253.4M · Avg: $237.8M

Foreign activity (Schedule F)

Total spent abroad$199.9M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN——
EAST ASIA AND THE PACIFIC——
EUROPE (INCLUDING ICELAND & GREENLAND)——
EAST ASIA AND THE PACIFIC——
EUROPE (INCLUDING ICELAND & GREENLAND)——
EAST ASIA AND THE PACIFIC——
EUROPE (INCLUDING ICELAND & GREENLAND)——
MIDDLE EAST AND NORTH AFRICA——
SOUTH AMERICA——
EAST ASIA AND THE PACIFIC——
EUROPE (INCLUDING ICELAND & GREENLAND)——
EUROPE (INCLUDING ICELAND & GREENLAND)——
EUROPE (INCLUDING ICELAND & GREENLAND)——
EUROPE (INCLUDING ICELAND & GREENLAND)——
EUROPE (INCLUDING ICELAND & GREENLAND)——
EUROPE (INCLUDING ICELAND & GREENLAND)——

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$78.1M
FURMAN UNIVERSITY
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Address

3300 Poinsett HWY
Greenville, SC, 29613-000

Governance

Voting board members31
Independent members31
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %16.2%
Permanent endowment %62.4%
Endowment held by related orgYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.