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

Clemson Architectural Foundation FY2021 filing

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Supports Clemson's architecture, construction, planning, and art programs with funding and aid. For fiscal year 2021 it reported $1.0M in revenue, $661K in expenses, and $6.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Clemson, SC
Website
www.clemson.edu/caf
Filings
6 on file (2020–2021)
Revenue
$1.0MFY2021
Expenses
$661K
Net assets
$6.4M
People
40
Filings
6
Updates
0
More identity details & actions ⌄
EIN  23-7039300 Public charity (501(c)(3)) Clemson, SC
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Supports Clemson's architecture, construction, planning, and art programs with funding and aid.
Leadership
Robert Morgan · President
Money in and out
$1.0M revenue, $661K expenses
Bottom line
73% program efficiency
Where the money goes · FY2021
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$661K
Pt IX · Ln 25
Net assets
$6.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $379K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.24 Fundraising $0.03
Program efficiency
73%
of spending reaches programs
Operating runway
112.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+36%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.0M
FY2021▼ -2%
Expenses
$661K
FY2021▼ -32%
Total assets
$6.8M
FY2021▲ +26%
Total liabilities
$351K
FY2021▲ +49%
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$661K
Pt IX · Ln 25
Net assets
$6.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$379K
Total assetsPt X · Ln 16$6.8M
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 340
Independent voting membersPt I · Ln 440

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 1b40
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 (FY2020); the FY2021 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
Trustee
$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 $483K of program spending, described in the organization's own filed words · FY2020.
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.

$387Kprogram expense
02

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

$96Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$453K · 44%
Contributions & grants$428K · 41%
Investment income$159K · 15%
Program service revenue44%$453K
Contributions & grants41%$428K
Investment income15%$159K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.24 Fundraising $0.03
Program services73%$483K
Management & general24%$158K
Fundraising3%$20K
Total functional expensesLn 25$661K

Balance Sheet

Part X · end of year
CashLn 1$506K
Total assetsLn 16$6.8M
Total liabilitiesLn 26$351K
Total net assetsLn 32$6.4M
Months of cash on handcomputed9.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.5M · Operating expenses (Pt IX) $661K · Less non-cash grants $74K · Cash operating expenses/yr $587K
112.3 months
Where the money goes
Program services
Program services $483K · Total expenses $661K
73%
Management & General
Management & general $158K · Total expenses $661K
24%
Fundraising
Fundraising $20K · Total expenses $661K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $30K · Solicited contributions (2-yr avg) $323K
$0.09 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $428K · Total revenue $1.0M
41%
Government reliance
Government grants — · Total revenue $1.0M
Earned-income share
Program service revenue $453K · Total revenue $1.0M
44%
Investment reliance
Investment income $159K · Total revenue $1.0M
+15%
Program self-sufficiency
Program service revenue $453K · Total expenses $661K
69%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $1.1M
-2%
Net-asset trend (YoY)
End of year $6.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $661K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $6.8M
Net-asset ratio
Net assets $6.4M · Total assets $6.8M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $4.0M · Other securities (Pt X, ln 12) $1.0M · Total assets (Pt X, ln 16) $6.8M
73%
People & payroll
Highest Reported Total Compensation
Individual Robert Morgan · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $661K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $661K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 24%
Fundraising cost ratio 5%
Revenue growth -2%
Investment management fee ratio 1.0%
Accounting fee ratio 2%

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 · ⤓ 990 PDF
FY2024$1.1M revenue · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$1.0M revenue · viewing · ⤓ 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) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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