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Filing year 2023

FURMAN UNIVERSITY

Greenville, South Carolina·EIN 57-0314395·NTEE B420 · Education·501(c)(3)
Total revenue
$288.9M
Total assets
$1.4B
Total expenses
$270.1M
Reported officers
49
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Men's Head Basketball Coach
Highest Compensated Employee
Above 90th percentilevs Education peers in South Carolina
$707k
$772k
Base
$499k
Bonus
$137k
Other
$9k
Benefits
$26k
President
Above 90th percentilevs Education peers in South Carolina
$665k
$726k
Base
$618k
Bonus
Other
$5k
Benefits
$9k
VP for Finance & Administration
Vice President
Above 90th percentile
$454k
$496k
Base
$403k
Bonus
Other
$4k
Benefits
$12k
Head Football Coach
Highest Compensated Employee
Above 90th percentilevs Education peers in South Carolina
$381k
$416k
Base
$300k
Bonus
$14k
Other
$8k
Benefits
$28k
VP for Intercollegiate Athletics
Vice President
Above 90th percentile
$364k
$398k
Base
$279k
Bonus
$18k
Other
$8k
Benefits
$29k
VP for University Communications
Vice President
Above 90th percentile
$359k
$392k
Base
$295k
Bonus
Other
$2k
Benefits
$29k
Chief Investment Officer
Key Employee
75th to 90th percentile
$354k
$386k
Base
$233k
Bonus
$59k
Other
$377
Benefits
$29k
Academic Affairs & Provost
Officer (Unspecified)
$320k
$350k
Base
$265k
Bonus
Other
$963
Benefits
$26k
VP for Development
Vice President
75th to 90th percentile
$314k
$343k
Base
$264k
Bonus
Other
Benefits
$21k
VP for Student Life
Vice President
75th to 90th percentile
$304k
$332k
Base
$263k
Bonus
Other
$3k
Benefits
$9k
Chief Information Officer
75th to 90th percentile
$288k
$314k
Base
$219k
Bonus
$14k
Other
$353
Benefits
$30k
Professor of Chemistry
Highest Compensated Employee
75th to 90th percentilevs Education peers in South Carolina
$260k
$284k
Base
$195k
Bonus
$12k
Other
Benefits
$32k
General Counsel
Key Employee
Median to 75th percentile
$236k
$258k
Base
$188k
Bonus
Other
$3k
Benefits
$34k
Associate VP for Facilities
Board Vice President
Median to 75th percentile
$227k
$248k
Base
$176k
Bonus
Other
$1k
Benefits
$30k
Dean of Faculty
Key Employee
Median to 75th percentile
$227k
$247k
Base
$204k
Bonus
Other
$461
Benefits
$616
Riley Institute Founding Director
Highest Compensated Employee
75th to 90th percentilevs Education peers in South Carolina
$222k
$243k
Base
$190k
Bonus
Other
$2k
Benefits
$10k
Chief of Staff
Key Employee
Median to 75th percentile
$204k
$223k
Base
$184k
Bonus
Other
$622
Benefits
$413
VP of Enrollment Management
Vice President
Median to 75th percentile
$171k
$187k
Base
$138k
Bonus
Other
$2k
Benefits
$17k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 31 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FURMAN UNIVERSITY equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 21%
from 2022

From $896k in 2022 to $707k in 2023.

$896k
2022
$707k
2023
In today's dollarsEst.
Down 25% in real terms$1M to $772k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 58% from 2022 to 2023, while revenue rose 29%.

$448k in 2022 to $707k in 2023.
  • Chief Executive Officer pay fell 26% from 2022 to 2023.
  • Vice President pay rose 15% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FURMAN UNIVERSITY

What does the Highest Compensated Employee of FURMAN UNIVERSITY earn?

In 2023, the Highest Compensated Employee of FURMAN UNIVERSITY received $706,578 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Education organizations in South Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at FURMAN UNIVERSITY compare with similar nonprofits?

Compared with the same role at Education organizations in South Carolina, the 2023 pay of the Highest Compensated Employee at FURMAN UNIVERSITY falls in the top 10%. In 2023, the highest total compensation at FURMAN UNIVERSITY equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

What are FURMAN UNIVERSITY's revenue and expenses?

In 2023, FURMAN UNIVERSITY reported $288.9M in total revenue and $270.1M in total expenses on its IRS Form 990.

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