Nonprofit · EIN 57-0426335
CLEMSON UNIVERSITY FOUNDATION
Tax-exempt · CLEMSON, SC 29633
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $118,572,121 | $77,839,431 | $40,732,690 | $1,549,370,771 | $423,121,917 | $1,126,248,854 |
| June 30, 2024 | 990 | $75,284,806 | $58,851,751 | $16,433,055 | $1,412,386,703 | $395,839,450 | $1,016,547,253 |
| June 30, 2023 | 990 | $75,039,646 | $47,057,942 | $27,981,704 | $1,308,176,142 | $382,560,099 | $925,616,043 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $84,130,369
- Program service revenue
- $5,808,819
- Investment income
- $28,597,509
- Royalties
- $53
- Net rental income
- $35,371
- Net gain from sales of assets
- $13,339,583
- Other revenue
- $35,424
Expenses
- Grants and similar amounts paid
- $53,474,293
- Compensation of officers, directors and key employees
- $3,196,765
- Other salaries and wages
- $1,161,865
- Salaries, compensation and benefits (total)
- $5,435,286
- Professional fundraising fees
- $1,389,646
- Legal fees
- $87,000
- Accounting fees
- $126,948
- Occupancy
- $390,879
- Travel
- $1,106,815
- Depreciation
- $27,783
- Program services (functional)
- $60,363,579
- Management and general (functional)
- $9,459,500
- Fundraising (functional)
- $8,016,352
Balance sheet and other
- Total assets, start of year
- $1,412,386,703
- Total assets, end of year
- $1,549,370,771
- Total liabilities, end of year
- $423,121,917
- Net assets, end of year
- $1,126,248,854
- Land, buildings and equipment
- $9,085,164
- Publicly traded securities
- $784,601,550
- Net assets without donor restrictions
- $86,894,217
- Net assets with donor restrictions
- $1,039,354,637
- Gross unrelated business income
- $242,405
- Gross receipts
- $232,021,025
- Employees
- 35
- Volunteers
- 144
- Year formed
- 1933
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES CLEMENTS | CLEMSON UNIVERSITY PRESIDENT Key employee | 10 | $918,732 | $0 |
| M KAREN MCCAULEY | PRESIDENT & CEO Officer | 32.5 | $353,466 | $56,743 |
| JOVANNA KING | DEVELOPMENT OFFICER Highest-paid employee | 37.5 | $272,601 | $63,077 |
| REGINA STEELE TRAVIS | TREASURER & CFO Officer | 33.5 | $256,163 | $46,327 |
| JOHN C ALEXANDER | CIO Key employee | 7.5 | $199,312 | $0 |
| TIMOTHY JONES | CTO Highest-paid employee | 37.5 | $147,774 | $35,651 |
| LAURA MOONEY | SECRETARY TO 09/2024 Officer | 34.5 | $63,450 | $52,765 |
| LISA ROBINSON | SECRETARY FROM 09/2024 Officer | 33.5 | $65,272 | $12,947 |
| MATTHEW BRENNAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARSHALL BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIM DENNIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALLISSA EAST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHAN EVELAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN DAN GARRISON | VICE CHAIR Trustee or director | 2 | $0 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NOEL GEOFFROY | DIRECTOR Trustee or director | 1 | $0 |
| ANITA HARGETT | DIRECTOR Trustee or director | 1 | $0 |
| ERNEST D HAYNES III | DIRECTOR Trustee or director | 2 | $0 |
| JIM HENDRIX | DIRECTOR Trustee or director | 2 | $0 |
| CARLOS HILL | DIRECTOR Trustee or director | 1 | $0 |
| CHERYL HOLLAND | CHAIR Trustee or director | 3 | $0 |
| ASHLEY JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| RAYMOND E JONES | DIRECTOR Trustee or director | 2 | $0 |
| EDMUND REESE | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT J STANZIONE | DIRECTOR Trustee or director | 2 | $0 |
| EMILY P WALLACE | DIRECTOR Trustee or director | 2 | $0 |
| MARK D WASSERMAN | DIRECTOR Trustee or director | 1 | $0 |
| BILLY MILAM | DIRECTOR Trustee or director | 1 | $0 |
| CHERI M PHYFER | DIRECTOR Trustee or director | 1 | $0 |
| ANTHONY L MATHIS | PAST CHAIR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES CLEMENTS | CLEMSON UNIVERSITY PRESIDENT Key employee | 10 | $755,931 | $0 |
| M KAREN MCCAULEY | PRESIDENT & CEO Officer | 32.5 | $350,802 | $52,791 |
| APRIL PURVIS | SECRETARY TO 11/2023 Officer | 35.5 | $226,572 | $36,678 |
| REGINA STEELE | TREASURER & CFO Officer | 33.5 | $180,678 | $33,370 |
| JOHN C ALEXANDER | CIO Key employee | 7.5 | $183,484 | $0 |
| LAURA MOONEY | SECRETARY FROM 11/2023 Officer | 37.5 | $57,316 | $50,575 |
| MATTHEW BRENNAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARSHALL BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALLISSA EAST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHAN EVELAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN DAN GARRISON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NOEL GEOFFROY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANITA HARGETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AUBREY HARRELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERNEST D HAYNES III | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JIM HENDRIX | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CAROLS HILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHERYL HOLLAND | VICE-CHAIR Trustee or director | 2 | $0 | $0 |
| RAYMOND E JONES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANTHONY L MATHIS | CHAIR Trustee or director | 3 | $0 | $0 |
| BILLY MILAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID L MORROW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHERI M PHYFER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENNETH L SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT J STANZIONE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EMILY P WALLACE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK D WASSERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES CLEMENTS | CLEMSON UNIVERSITY PRESIDENT Key employee | 10 | $705,331 | $0 |
| M KAREN MCCAULEY | PRESIDENT & CEO Officer | 32.5 | $253,338 | $29,596 |
| APRIL PURVIS | SECRETARY Officer | 35.5 | $178,221 | $19,449 |
| JOHN C ALEXANDER | CIO Key employee | 7.5 | $184,428 | $0 |
| MATHEW BRENNAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARSHALL BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHAN EVELAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN DAN GARRISON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NOEL GEOFFROY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GERALD M GLENN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANITA HARGETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYANT AUBREY HARRELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERNEST D HAYNES III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM HENDRIX | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHERYL HOLLAND | VICE-CHAIR Trustee or director | 3 | $0 | $0 |
| ANN W HUNTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAYMOND E JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES R KINGMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY L MATHIS | CHAIR Trustee or director | 3 | $0 | $0 |
| DAVID L MORROW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| G MARK PHILLIPS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHERI M PHYFER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT C RIGGINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT J STANZIONE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KENNETH L SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMILY P WALLACE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK D WASSERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHNATHAN P WEITZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMY J YODER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALICE EVATT | TREASURER & CFO THRU 4/1/23 Officer | 34.5 | $0 | $0 |
| REGINA STEELE | TREASURER & CFO FROM 4/1/23 Officer | 33.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1889, CLEMSON, SC 29633-1889
- Principal officer (990 for 2024)
- ALICE EVATT, 220 MADREN CENTER DR, CLEMSON, SC 29634
- Signed the 990
- ALICE EVATT, INTERIM CFO
- Phone
- (864) 656-1289
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
THE FOUNDATION IS ORGANIZED TO PROMOTE THE WELFARE AND FUTURE DEVELOPMENT OF CLEMSON UNIVERSITY IN ITS EDUCATIONAL AND SCIENTIFIC RESEARCH PURPOSES AND TO SEEK AND RECEIVE GIFTS FOR THE BENEFIT OF CLEMSON UNIVERSITY THROUGH ENDOWMENT GIVING AND OTHER FUNDRAISING ACTIVITIES, AND TO MANAGE SUCH FUNDS PRUDENTLY AND WITHIN ESTABLISHED POLICY. TO LEARN MORE ABOUT THE WORK OF THE CLEMSON UNIVERSITY FOUNDATION, PLEASE VISIT OUR WEBSITE AT HTTPS://WWW.CLEMSON.EDU/GIVING/CUFOUNDATIONS/INDEX.HTML.
Program accomplishments
- PROGRAM SUPPORT: FUNDING PROVIDED TO SUPPORT THE EDUCATIONAL, RESEARCH, AND PUBLIC SERVICE MISSION OF CLEMSON UNIVERSITY, INCLUDING SUPPORT FOR SCHOLARSHIPS, FELLOWSHIPS, FACULTY SUPPORT, AND ACADEMIC PROGRAM SUPPORT. THE SOURCES FOR FUNDING PROGRAM SUPPORT INCLUDE DONOR RESTRICTED GIVING FOR THESE PURPOSES AND SPENDABLE RETURN SUPPORT FROM ENDOWMENT FUNDS DESIGNATED FOR THESE PURPOSES.Expenses $46,971,169 · grants $40,081,883 · revenue $5,808,819
- CAPITAL PROJECTS: FUNDING PROVIDED IN SUPPORT OF THE EDUCATIONAL, RESEARCH, AND PUBLIC SERVICE MISSION OF CLEMSON UNIVERSITY THROUGH FUNDRAISING EFFORTS FOR PHYSICAL PLANT NEEDS. THIS INCLUDES FUNDING IN SUPPORT OF PRIORITIZED CAPITAL PROJECTS AND EXPENDITURES INCLUDING RENOVATION OF EXISTING FACILITIES, CONSTRUCTION OF NEW FACILITIES, AND LARGE DOLLAR EQUIPMENT EXPENDITURES RELATED TO RESEARCH AND ACADEMIC PROGRAMMING. THE SOURCES FOR FUNDING FOR THESE CAPITAL EXPENDITURES IS THROUGH DONOR GIVING.Expenses $13,392,410 · grants $13,392,410
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 57-0426335
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1968
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $1,549,370,771
- Income (IRS master file)
- $232,021,025
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $118,572,121 | $77,839,431 | $1,549,370,771 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $75,284,806 | $58,851,751 | $1,412,386,703 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $75,039,646 | $47,057,942 | $1,308,176,142 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $80,225,172 | $41,167,949 | $1,218,679,731 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-0426335).
Questions about CLEMSON UNIVERSITY FOUNDATION
- What is the EIN of CLEMSON UNIVERSITY FOUNDATION?
- The employer identification number (EIN) of CLEMSON UNIVERSITY FOUNDATION is 57-0426335.
- Is CLEMSON UNIVERSITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
- Are donations to CLEMSON UNIVERSITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLEMSON UNIVERSITY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CLEMSON UNIVERSITY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLEMSON UNIVERSITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CLEMSON UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 names ALICE EVATT.
- Who are the officers and directors of CLEMSON UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 30 people; 8 received compensation from the organization, the highest $918,732 (JAMES CLEMENTS, CLEMSON UNIVERSITY PRESIDENT).
- How much revenue does CLEMSON UNIVERSITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $118,572,121, expenses of $77,839,431 and total assets of $1,549,370,771 at year end.
Other nonprofits in CLEMSON
- CLEMSON ATHLETIC PROPERTIES COMPANY EIN 87-1538054 · last filed 990 for 2025
- CLEMSON UNIVERSITY CONTINUING EDUC AND CONFERENCE COMPLEX CORPORATION EIN 57-1002122 · last filed 990 for 2025
- CLEMSON UNIVERSITY LAND STEWARDSHIP FOUNDATION INC EIN 84-3970393 · last filed 990 for 2025
- CLEMSON ALUMNI ASSOCIATION EIN 57-6026334 · last filed 990 for 2025
- CLEMSON UNIVERSITY RESEARCH FOUNDATION EIN 57-0750000 · last filed 990 for 2025
- CLEMSON ARCHITECTURAL FOUNDATION EIN 23-7039300 · last filed 990 for 2025
- INTERNATIONAL TOWN & GOWN ASSOCIATION EIN 26-3258634 · last filed 990 for 2025
- BLUE RIDGE INNOVATION AND ENTREPRENEURSHIP FOUNDATION EIN 86-3937023 · last filed 990 for 2025