Clemson Architectural Foundation EIN 23-7039300 Form 990 (PDF) Claim this org

Clemson Architectural Foundation

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Supports Clemson's architecture, construction, planning, and art programs with funding and aid. For fiscal year 2025 it reported $1.2M in revenue, $1.0M in expenses, and $7.6M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Clemson, SC
Website
www.clemson.edu/caf
Filings
6 on file (2020–2025)
Revenue
$1.2MFY2025
Expenses
$1.0M
Net assets
$7.6M
People
40
Filings
6
Updates
0
More identity details & actions ⌄
EIN  23-7039300 Public charity (501(c)(3)) Clemson, SC
Form 990 (PDF)
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Size
$1–10M
What they do
Supports Clemson's architecture, construction, planning, and art programs with funding and aid.
Leadership
Sam Herin · President
Money in and out
$1.2M revenue, $1.0M expenses
Bottom line
85% program efficiency
Where the money goes · FY2025
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$7.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $207K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15 Fundraising $0.00
Program efficiency
85%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
70.0mo
months of highly liquid reserves at operating expense rate▲ +10% vs prior filing year
Surplus margin
+17%
revenue over expenses, this year▲ +103% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.2M
FY2025▲ +11%
Expenses
$1.0M
FY2025▲ +0.9%
Total assets
$7.7M
FY2025▲ +8%
Total liabilities
$116K
FY2025▲ +3%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.0M
Pt IX · Ln 25
Net assets
$7.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$207K
Total assetsPt X · Ln 16$7.7M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 340
Independent voting membersPt I · Ln 438

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CClemson Architectural Foundation
EINHdr · item D23-7039300
Principal addressHdr · item CClemson, SC
WebsiteHdr · item Jwww.clemson.edu/caf
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B190)
Ruling yearIRS BMFDec 1958

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a40
Independent voting membersPt VI · Ln 1b38
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Villa Coordinator
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Clemson Architectural Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $879K of program spending, described in the organization's own filed words · FY2024.
01

Operation and maintenance of a facility in genoa, italy which provides dormitory, food service and classroom space for clemson university students enrolled in a study abroad program for architecture, landscape architecture, design and art students.

$673Kprogram expense
02

Support of clemson university students and programs, including travel for conferences and research, honoraria to guest speakers, and educational supplies.

$205Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$839K · 67%
Contributions & grants$189K · 15%
Investment income$192K · 15%
Other revenue$26K · 2%
Program service revenue67%$839K
Contributions & grants15%$189K
Investment income15%$192K
Other revenue2%$26K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15 Fundraising $0.00
Program services85%$879K
Management & general15%$159K
Fundraising$642
Total functional expensesLn 25$1.0M

Balance Sheet

Part X · end of year
CashLn 1$682K
Total assetsLn 16$7.7M
Total liabilitiesLn 26$116K
Total net assetsLn 32$7.6M
Months of cash on handcomputed7.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6.1M · Operating expenses/yr $1.0M
70.0 months
Where the money goes
Program services
Program services $879K · Total expenses $1.0M
85%
Management & General
Management & general $159K · Total expenses $1.0M
15%
Fundraising
Fundraising $642 · Total expenses $1.0M
0.06%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $170K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $189K · Total revenue $1.2M
15%
Government reliance
Government grants — · Total revenue $1.2M
Earned-income share
Program service revenue $839K · Total revenue $1.2M
67%
Investment reliance
Investment income $192K · Total revenue $1.2M
+15%
Program self-sufficiency
Program service revenue $839K · Total expenses $1.0M
81%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $1.1M
+11%
Revenue CAGR
FY2019 $1.1M · FY2024 $1.2M
+3%
Net-asset trend (YoY)
End of year $7.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $1.0M
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $7.7M
Net-asset ratio
Net assets $7.6M · Total assets $7.7M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.8M · Other securities (Pt X, ln 12) $1.6M · Total assets (Pt X, ln 16) $7.7M
69%
People & payroll
Highest Reported Total Compensation
Individual Sam Herin · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $1.0M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $1.0M
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Fundraising cost ratio 0.3%
Revenue growth 11%
Investment management fee ratio 1%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$221K
Grants paid · 35 grants · $1.1M · 2019–2024
Clemson UniversityFY2024$132,203
Graduate Architecture Professional PartnershipFY2024$10,100
Unitemized GrantFY2024$10,000
National Organization of Minority Architects Clemson UniversityFY2024$8,700
Clemson UniversityFY2023$110,367
Unitemized GrantFY2023$8,000
National Organization of Minority Architects Clemson UniversityFY2023$6,375
Graduate Architecture Professional PartnershipFY2023$5,500
Clemson UniversityFY2022$160,998
National Organization of Minority Architects Clemson UniversityFY2022$7,500
Graduate Architecture Professional PartnershipFY2022$7,000
See all 35 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.2M revenue · viewing · ⤓ 990 PDF
FY2024$1.1M revenue · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$1.0M revenue · ⤓ 990 PDF
FY2020$1.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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