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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 57-0314395

Furman University

GREENVILLE, SCNTEE: B420Founded 1826Website

mission statement

Furman university is an institution of higher education providing distinctive undergraduate education emphasizing an engaged approach combining classroom learning with real world experiences and self-discovery.

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Total Revenue

$288.9M

FY 2023

Program Spending

89.1%

of total expenses

Known Funders

206

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$1.4B

Total Assets

$1.1B net

50.21 mo

Operating Reserves

FY 2023

+29%

Revenue Growth

YoY

2444

Total Employees

FY 2023

Funding Track Record

Backed by 206 Institutional Funders

$161.1M raised across 746 grants · +$17.2M committed (2019–2024 filings)

Funder Geography

Funders across 34 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
The Duke Endowment	CHARLOTTE, NC	$88,082,955
Hollingsworth Funds Inc	GREENVILLE, SC	$24,227,886
The David and June Trone Family	BETHESDA, MD	$4,660,000 +$16,500,000 committed
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$3,790,311
Donor Advised Charitable Giving Inc	SAN FRANCISCO, CA	$2,904,353
The Borch Foundation	SARATOGA, CA	$2,800,000
American Heart Association Inc	DALLAS, TX	$2,613,135
National Collegiate Athletic Association	Indianapolis, IN	$2,333,500
Furman University Foundation Inc	GREENVILLE, SC	$1,974,045
Lettie Pate Whitehead Foundation Inc	Atlanta, GA	$1,755,000

Total tracked: $161,052,914 across 746 grants · +$17,179,192 committed across 14 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$174.9M in expenses

Instruction of students in both undergraduate and graduate programs. A personalized four-year pathway for students instituted by the furman advantage includes high impact, engaged learning through research, internships, and study abroad programs. Scholarships are awarded to eligible students based on financial need and academic merit.

$37.9M in expenses

Student services includes intercollegiate athletics, intramural and club sports, enrollment management, student government and a large variety of student organizations, services and activities.

$27.9M in expenses

The university conducted auxiliary enterprises for the convenience of students, faculty, staff and the at-large community. These auxiliary enterprises include student housing, dining services, golf course, sports arena and conference center.

Financial History