Anderson University FY2020 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $51,111 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

Anderson University is an academic community affiliated with the SC Baptist Convention.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$2.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $9.0M a year · 7% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.1M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Plus $45.1M in investments, Pt X · Ln 11–13
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $16K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$47.3M
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 25 voting members
Looks good: 25 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$102.2M
Spent
$96.4M
To programs
89%
Net assets
$140.1M
By yearFY2020–FY2025
Revenue
$102.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$102.2M
FY2021$124.7M
FY2022$130.2M
FY2023$131.2M
FY2024$148.4M
FY2025$177.4M
Expenses
$96.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$96.4M
FY2021$107.4M
FY2022$123.2M
FY2023$131.9M
FY2024$146.0M
FY2025$154.9M
Net assets
$140.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$140.1M
FY2021$165.5M
FY2022$164.0M
FY2023$163.3M
FY2024$170.2M
FY2025$196.1M

From the FY2020 Form 990 (year ending May 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1935.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $85.6M Management & general 10% · $9.3M Fundraising 2% · $1.6M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

41 people listed on the 990; $2.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$591,493Pt VII · Sec A
Senior Vice President Development/Presidential Aff
$187,378Pt VII · Sec A
Senior Vice President Administration & Brand
$186,771Pt VII · Sec A
Professor Physical Therapy/Program Chair
$176,214Pt VII · Sec A
Dean-College of Business
$160,996Pt VII · Sec A
Provost
$151,230Pt VII · Sec A
Exec VP and History Professor
$141,224Pt VII · Sec A
VP for the Office of Tech Online Learning and Inno
$138,647Pt VII · Sec A

Dr Evans P Whitaker’s $833K as President is at the 67th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dr Evans P Whitaker$833,457$743,074$922,292$571,736$503,677$591,493
Mr James Wayne Landrith$208,732$203,667————
Dr David Omar Rashed$207,097—————
David Omar Rashed——$201,781$191,442$186,175$186,771
Mr David Omar Rashed—$200,503————
James Wayne Landrith——$200,101$197,474$191,743$187,378
Dr Reginald Gay$198,897$195,024————
Martha Hinman———$196,651$179,539$176,214

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Anderson University executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates students within a faith-based academic community.

Questions for Anderson University

Tap to ask. Anderson University sees how many people are interested.

Your first name shows with your question. Anderson University answers here, for everyone.

1 program · $85.6M · in their own filed words · FY2019
01

Anderson University (University) is a comprehensive university affiliated with the South Carolina Baptist Convention offering bachelors, masters, and doctorate degrees. Located on approximately 273 acres in the upstate region of South Carolina near the foothills of the Appalachians, the University features a rigorous education in a…

$85.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$16K
Grants paid · 8 grants · $272.0M · 2019–2024
Unitemized GrantFY2024$54,856,472
Unitemized GrantFY2023$51,551,203
Unitemized GrantFY2022$46,343,964
Unitemized GrantFY2021$40,866,787
Unitemized GrantFY2021$3,082,399
Unitemized GrantFY2020$39,803,662
Unitemized GrantFY2020$1,148,449
Unitemized GrantFY2019$34,386,780

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending May 2025 · $28.2M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$22.2M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$5.5M
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$222K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$163K
GeosciencesNational Science Foundation · ALN 47.050 · Direct$100K

Plus 2 smaller programs.

The auditor reported 1 finding: questioned costs.

Year ending May 2024 · $27.7M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$23.0M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$3.8M
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$418K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$257K
Covid-19 Education Stabilization Fund Heerf - Student Aid PortionDepartment of Education · ALN 84.425 · Direct$136K

Plus 4 smaller programs.

The auditor reported no findings.

Year ending May 2023 · $27.7M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$22.1M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$3.4M
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$1.1M
Covid-19 Education Stabilization Fund Heerf - Student Aid PortionDepartment of Education · ALN 84.425 · Direct$813K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$180K

Plus 2 smaller programs.

The auditor reported 3 findings: a weakness in money controls, questioned costs.

Year ending May 2022 · $33.9M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$24.1M
Covid-19 Education Stabilization Fund Heerf - Student Aid PortionDepartment of Education · ALN 84.425 · Direct$4.9M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$3.3M
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$1.3M
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$235K

Plus 3 smaller programs.

The auditor reported 2 findings: a material weakness in money controls, questioned costs.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$102.2M
Ln 12
Fees for servicesLn 2g$94.6M
Gifts and grantsLn 1h$6.9M
Investment incomeLn 3$565K
Money outPt IX
$96.4M
Ln 25
Programscol B$85.6M
Managementcol C$9.3M
Fundraisingcol D$1.6M
Owns and owesPt X
$140.1M
net assets · Ln 32
Cash and savingsLn 1–2$40.2M
Total assetsLn 16$187.4M
LiabilitiesLn 26$47.3M
PeoplePt VI, VII
41
listed · VII A
PaidVII A11
Voting boardVI 1a25
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.9M
Government grantsLn 1e$2.2M
Noncash giftsLn 1g$325K
Fees for servicesLn 2g$94.6M
Investment incomeLn 3$565K
Other incomeLn 4–11$149K
Gains on assetsLn 7−$1.2M
Total revenueLn 12$102.2M
Assets in detailPt X, end of year
CashLn 1$40.2M
Cash and savings togetherLn 1–2$40.2M
InvestmentsLn 11–13$45.1M
Land, buildings, equipmentLn 10c$95.0M
Other assetsLn 15$4.4M
Total assetsLn 16$187.4M
LiabilitiesLn 26$47.3M
Net assetsLn 32$140.1M
OperationsPt I, VI
EmployeesI 51,667
VolunteersI 6353
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$25.6M
Bond issues listedSch K Pt I2
Raised by those issuesSch K Pt I$32.2M
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$325K
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$23.5M$22.5M$22.9M$21.7M$18.9M
Given inLn 1b$987K$437K$417K$1.4M$319K
SpentLn 1d–1f$737K$649K$653K$378K$836K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$36.4M$40.2M
InvestmentsLn 11–13$42.7M$45.1M
Land, buildings, equipmentLn 10c$88.4M$95.0M
Total assetsLn 16$175.6M$187.4M
LiabilitiesLn 26$43.0M$47.3M
Net assetsLn 32$132.6M$140.1M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$34.4M$34.4M
Pay of current officers, directors and key staffLn 5$1.9M$404K$1.3M$223K
Pay of disqualified personsLn 6$349K$349K
Other salaries and wagesLn 7$27.6M$25.5M$1.4M$668K
Pension plan contributionsLn 8$1.7M$1.6M$10K$41K
Other employee benefitsLn 9$3.5M$2.3M$1.0M$92K
Payroll taxesLn 10$1.8M$1.6M$135K$41K
Legal feesLn 11b$66K$66K
Accounting feesLn 11c$69K$69K
Professional fundraising feesLn 11e$143K$143K
Investment management feesLn 11f$235K$235K
Other fees for servicesLn 11g$3.5M$3.3M$221K$24K
Advertising and promotionLn 12$1.9M$1.9M
Office expensesLn 13$1.8M$1.1M$566K$37K
Information technologyLn 14$866K$615K$216K$35K
OccupancyLn 16$5.0M$4.2M$770K$78K
TravelLn 17$1.2M$1.1M$41K$29K
Conferences, conventions and meetingsLn 19$23K$19K$3K
InterestLn 20$1.2M$1.1M$95K$24K
Depreciation, depletion and amortizationLn 22$4.7M$4.2M$361K$95K
InsuranceLn 23$196K$196K
Other expenses (24a–d)Ln 24$246K$246K
All other expensesLn 24e$4.2M$3.6M$592K$66K
Total functional expensesLn 25$96.4M$85.6M$9.3M$1.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 7, 2026 $177.4M$154.9M$22.5M$196.1M 990 PDF
FY2024Filed with the IRS Mar 25, 2025 $148.4M$146.0M$2.4M$170.2M 990 PDF
FY2023Filed with the IRS Apr 11, 2024 $131.2M$131.9M−$733K$163.3M 990 PDF
FY2022Filed with the IRS Apr 4, 2023 $130.2M$123.2M$7.0M$164.0M 990 PDF
FY2021Filed with the IRS Apr 11, 2022 $124.7M$107.4M$17.2M$165.5M 990 PDF
FY2020 ViewingFiled with the IRS Mar 31, 2021 $102.2M$96.4M$5.8M$140.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $102,222,517 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,919,145$6,902,925
I-9 Program service revenuePrior year $89,916,802$94,605,915
I-10 Investment incomePrior year $1,282,613$564,650
I-11 Other revenuePrior year $70,263$149,027
I-12 Total revenuePrior year $95,188,823$102,222,517
I-13 Grants and similar amounts paidPrior year $31,250,626$34,386,780
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $32,401,366$36,762,354
I-16a Professional fundraising feesPrior year $69,179$142,668
I-17 Other expensesPrior year $26,393,392$25,147,351
I-18 Total expensesPrior year $90,114,563$96,439,153
I-19 Revenue less expensesPrior year $5,074,260$5,783,364
Part VI · Governance 25 of 25 board members independent, no flags
VI-1a Voting members of the governing body25
VI-1b Independent voting members25
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $102,222,517 across 13 lines filed
Lines not itemized here account for $1,837,986 of total revenue; see the IRS return.
VIII-1d Related organizations$1,271,282
VIII-1e Government grants$2,215,614
VIII-1f All other contributions, gifts and grants$3,416,029
VIII-1g Noncash contributions (included above)$324,919
VIII-1h Total contributions, gifts and grants$6,902,925
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $92,767,929$92,767,929
VIII-3 Investment incomeExcluded from tax $1,807,648$1,807,648
VIII-5 RoyaltiesExcluded from tax $4,450$4,450
VIII-6 Net rental income or lossExcluded from tax $21,094$21,094
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$1,242,998−$1,242,998
VIII-8 Net income from fundraising eventsExcluded from tax −$2,588−$2,588
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $126,071$126,071
VIII-12 Total revenueRelated to mission $94,605,915 · Unrelated business $126,071 · Excluded from tax $587,606$102,222,517
Part IX · Statement of functional expenses $96,439,153 across 23 lines filed
IX-2 Grants to domestic individualsPrograms $34,386,780$34,386,780
IX-5 Pay of current officers, directors and key staffPrograms $404,050 · Management $1,262,200 · Fundraising $223,386$1,889,636
IX-6 Pay of disqualified personsPrograms $349,173$349,173
IX-7 Other salaries and wagesPrograms $25,481,077 · Management $1,413,547 · Fundraising $668,243$27,562,867
IX-8 Pension plan contributionsPrograms $1,620,009 · Management $9,788 · Fundraising $40,539$1,670,336
IX-9 Other employee benefitsPrograms $2,340,193 · Management $1,043,822 · Fundraising $92,002$3,476,017
IX-10 Payroll taxesPrograms $1,638,606 · Management $134,939 · Fundraising $40,780$1,814,325
IX-11b Legal feesManagement $66,126$66,126
IX-11c Accounting feesManagement $68,752$68,752
IX-11e Professional fundraising feesFundraising $142,668$142,668
IX-11f Investment management feesManagement $234,877$234,877
IX-11g Other fees for servicesPrograms $3,262,592 · Management $220,901 · Fundraising $23,782$3,507,275
IX-12 Advertising and promotionManagement $1,910,030$1,910,030
IX-13 Office expensesPrograms $1,148,166 · Management $566,374 · Fundraising $37,428$1,751,968
IX-14 Information technologyPrograms $614,740 · Management $216,458 · Fundraising $34,634$865,832
IX-16 OccupancyPrograms $4,174,665 · Management $769,512 · Fundraising $78,071$5,022,248
IX-17 TravelPrograms $1,134,334 · Management $41,146 · Fundraising $29,018$1,204,498
IX-19 Conferences, conventions and meetingsPrograms $19,343 · Management $3,176$22,519
IX-20 InterestPrograms $1,054,838 · Management $95,435 · Fundraising $23,888$1,174,161
IX-22 Depreciation, depletion and amortizationPrograms $4,208,576 · Management $361,133 · Fundraising $95,310$4,665,019
IX-23 InsurancePrograms $196,067$196,067
IX-24 Other expenses (24a–d)Management $245,859$245,859
IX-24e All other expensesPrograms $3,553,885 · Management $592,447 · Fundraising $65,788$4,212,120
IX-25 Total functional expensesPrograms $85,587,094 · Management $9,256,522 · Fundraising $1,595,537$96,439,153
Part X · Balance sheet $187,384,632 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $36,445,583$40,177,815
X-3 Pledges and grants receivableStart of year $526,214$701,478
X-4 Accounts receivableStart of year $2,678,413$1,726,960
X-9 Prepaid expenses and deferred chargesStart of year $516,922$283,986
X-10c Land, buildings and equipment, netStart of year $88,438,317$95,011,092
X-11 Publicly traded securitiesStart of year $39,701,048$43,061,297
X-12 Other securitiesStart of year $1,426,321$608,345
X-13 Program-related investmentsStart of year $1,597,674$1,461,415
X-15 Other assetsStart of year $4,260,069$4,352,244
X-16 Total assetsStart of year $175,590,561$187,384,632
X-17 Accounts payable and accrued expensesStart of year $4,554,487$4,472,953
X-19 Deferred revenueStart of year $2,289,145$3,562,484
X-20 Tax-exempt bond liabilitiesStart of year $27,213,971$25,625,060
X-25 Other liabilitiesStart of year $8,167,266$7,142,929
X-26 Total liabilitiesStart of year $42,970,801$47,294,435
X-27 Net assets without donor restrictionsStart of year $100,855,223$107,701,555
X-28 Net assets with donor restrictionsStart of year $31,764,537$32,388,642
X-32 Total net assets or fund balancesStart of year $132,619,760$140,090,197
X-33 Total liabilities and net assetsStart of year $175,590,561$187,384,632
Part XI · Reconciliation of net assets $140,090,197 net assets at year end
XI-1 Total revenue$102,222,517
XI-2 Total expenses$96,439,153
XI-3 Revenue less expenses$5,783,364
XI-4 Net assets at start of year$132,619,760
XI-5 Net unrealized gains (losses) on investments$1,655,250
XI-9 Other changes in net assets$31,823
XI-10 Net assets at end of year$140,090,197

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.