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Nonprofiteer
← CLEMSON UNIVERSITY RESEARCH FOUNDATION

Form 990 for tax year 2023

Filed by CLEMSON UNIVERSITY RESEARCH FOUNDATION.

Totals

Total revenue
$2,005,641
Total expenses
$2,308,972
Contributions and grants received
$374,456
Grants paid
$398,474
Program service revenue
$1,400,845
Investment income
$230,340
Other revenue
$0
Total assets, end of year
$9,188,257
Total liabilities, end of year
$407,488
Net assets or fund balances, end of year
$8,780,769
Program services expenses (Part IX)
$2,193,430
Management and general expenses
$115,542
Fundraising expenses
$0
Program service expenses (Part III)
$2,193,430

Program services were 95.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ANGIE LEIDINGER

    DIRECTOR

    Total calculated
    $508,900
    From this org
    $0
    From related orgs
    $405,953
    Other
    $102,947
    Hours/week
    1 + 36.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $398,300 related
    Bonus
    $0
    Other
    $0 + $7,653 related
    Deferred
    $0 + $79,909 related
    Nontaxable benefits
    $0 + $23,038 related
    Filer's total
    $0 + $508,900 related
  • TANJU KARANFIL

    VICE CHAIR

    Total calculated
    $437,232
    From this org
    $0
    From related orgs
    $402,787
    Other
    $34,445
    Hours/week
    1 + 36.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $372,129 related
    Bonus
    $0 + $25,000 related
    Other
    $0 + $5,658 related
    Deferred
    $0 + $14,500 related
    Nontaxable benefits
    $0 + $19,945 related
    Filer's total
    $0 + $437,232 related
  • LESLIE HOSSFELD

    DIRECTOR/DEAN REP

    Total calculated
    $334,894
    From this org
    $0
    From related orgs
    $308,745
    Other
    $26,149
    Hours/week
    1 + 36.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $299,783 related
    Bonus
    $0
    Other
    $0 + $8,962 related
    Deferred
    $0 + $14,500 related
    Nontaxable benefits
    $0 + $11,649 related
    Filer's total
    $0 + $334,894 related
  • JEREMY MERCURI

    DIRECTOR/FACULTY REP

    Total calculated
    $194,908
    From this org
    $0
    From related orgs
    $139,245
    Other
    $55,663
    Hours/week
    1 + 36.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $112,838 related
    Bonus
    $0
    Other
    $0 + $26,407 related
    Deferred
    $0 + $35,237 related
    Nontaxable benefits
    $0 + $20,426 related
    Filer's total
    $0 + $194,908 related
  • DENNIS KEKAS

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • JEFF BROOMFIELD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • TOM GREER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CLIFF HOLEKAMP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ERIC WEISSMANN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • TRACY WALTERS

    TREASURER

    Total calculated
    $223,497
    From this org
    $0
    From related orgs
    $173,237
    Other
    $50,260
    Hours/week
    1 + 36.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $173,019 related
    Bonus
    $0
    Other
    $0 + $218 related
    Deferred
    $0 + $42,627 related
    Nontaxable benefits
    $0 + $7,633 related
    Filer's total
    $0 + $223,497 related
  • AUGUST C GESSWEIN

    EXECUTIVE DIRECTOR

    Total calculated
    $217,469
    From this org
    $0
    From related orgs
    $185,114
    Other
    $32,355
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $0 + $184,694 related
    Bonus
    $0
    Other
    $0 + $420 related
    Deferred
    $0 + $9,627 related
    Nontaxable benefits
    $0 + $22,728 related
    Filer's total
    $0 + $217,469 related
  • CHASE C KASPER

    SENIOR DEPUTY DIRECTOR

    Total calculated
    $201,520
    From this org
    $0
    From related orgs
    $147,880
    Other
    $53,640
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $0 + $147,226 related
    Bonus
    $0
    Other
    $0 + $654 related
    Deferred
    $0 + $37,054 related
    Nontaxable benefits
    $0 + $16,586 related
    Filer's total
    $0 + $201,520 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • CLEMSON UNIVERSITY LIGHT RAIL LLC

    LEASING AGENT AND INFORMATION TECHNOLOGY SERVICE PROVIDER · SC · income $557,436 · assets $749,574

    Directly controlled by CLEMSON UNIVERSITY RESEARCH FOUNDATION

Provenance

Return type
form_990
Tax year
2023
Filed
11 March 2025
IRS schema version
2023v6.0
Source object
202520729349300622

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