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 · View filing
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
About Furman University Foundation Inc
Based on IRS filings
Furman University Foundation Inc is a nonprofit organization focused on Education, based in GREENVILLE, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.6M in total assets. In 2024, it awarded 1 grants totaling $330K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN MADDUX | SECRETARY/TREASURER | 2 | — |
| LINDSAY SMITH | PRESIDENT | 2 | — |
| STEWART SPINKS | VICE PRESIDENT | 1 | — |
| EARLE FURMAN | TRUSTEE | 1 | — |
| SEAN HARTNESS | TRUSTEE | 1 | — |
| WILLIAM R TIMMONS III | TRUSTEE | 1 | — |
| RICHARD W WRENN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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