Furman University Foundation Inc
To operate as a nonprofit public benefit corporation to serve the needs and interests of furman university, an educational organization.
Furman University Foundation Inc at a glance
In short: Furman University Foundation Inc gave $339K across 1 grant in 2025 (avg $339K), mostly in South Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $338,610
- +2.6% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $338,610
- +2.6% vs 2024
- Median grant
- $338,610
- Total assets
- $22,895,168
- +6.1% vs 2024
- Primary geography
- South Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Furman University Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Furman University ($339K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Furman University Foundation Inc gives
- Giving fell 43% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $200K (2019) to $594K (2022). In 2025 it made 1 grant totaling $339K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Furman University Greenville, SC | General Support | $338,610 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $22,895,168 | $1,764,155 | $343,230 | $338,610 | 1 | — |
| 2024 | $21,575,884 | $1,749,875 | $371,805 | $329,917 | 1 | — |
| 2023 | $20,158,550 | $1,751,716 | $452,829 | $446,992 | 1 | $1,841 |
| 2022 | $18,731,685 | $1,749,880 | $599,576 | $594,189 | 1 | $5 |
| 2021 | $17,301,968 | $1,750,739 | $311,252 | $305,334 | 1 | $851 |
| 2020 | $16,212,869 | $1,751,784 | $340,312 | $297,613 | 1 | $1,909 |
| 2019 | $14,499,131 | $1,751,226 | $221,125 | $199,793 | 1 | $1,351 |
About Furman University Foundation Inc
Based on IRS filings
Furman University Foundation Inc is a public charity focused on Education, based in Greenville, SC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $22.9M in total assets. In 2025, it awarded 1 grant totaling $339K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Furman University Foundation Inc is led by Lindsay Smith, President on every filing since 2024; none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lindsay Smith
President
On filings since 2024
2 hrs/week
No compensation reported
Sean P. Hartness
Trustee
On filings since 2019
1 hr/week
No compensation reported
William R. Timmons III
Trustee
On filings since 2019
1 hr/week
No compensation reported
Richard W. Wrenn
Trustee
On filings since 2021
1 hr/week
No compensation reported
Earle Furman
Trustee
On filings since 2024
1 hr/week
No compensation reported
Drew Parker
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jennifer Calabria
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Paul Aiesi
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Susan Maddux
Secretary & Treasurer
On filings since 2019
2 hrs/week
No compensation reported
Stewart Spinks
Vice President
On filings since 2024
1 hr/week
No compensation reported
Former officers (4)
- Former: J. Earle Furman Jr. (2019–2023) — Trustee
- Former: L. Stewart Spinks (2019–2023) — Vice President
- Former: W. Lindsay Smith (2019–2023) — President
- Former: Mary Lou Merkt (2019) — Secretary & Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Furman University Foundation Inc
How much does Furman University Foundation Inc give each year?
Furman University Foundation Inc gave $339K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $330K across 1 grant.
How large is Furman University Foundation Inc?
Furman University Foundation Inc reported $22.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.8M.
What is Furman University Foundation Inc?
Furman University Foundation Inc is a public charity focused on Education, based in Greenville, SC. It holds $22.9M in total assets as of 2025.
Where does Furman University Foundation Inc operate?
Furman University Foundation Inc has awarded grants in South Carolina.
What is Furman University Foundation Inc's EIN?
Furman University Foundation Inc's EIN (Employer Identification Number) is 57-1061363. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS July 15, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Furman University Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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