Full independence comes at a substantial cost. Staff salaries and operating budgets could consume a major part of the Foundation's unrestricted gift and income revenue and greatly reduce benefits for Clemson University. Consequently, the independently incorporated Clemson University Foundation has only assets and donor records and no staff - thus, the Clemson University/Clemson University Foundation partnership. By direction of its constitution, all benefits of the Foundation accrue to Clemson University. In addition, a contractual agreement between the University and the Foundation requires the University to provide staff, office space and computer services. The University and the Foundation accommodate appropriate reimbursements for salaries and office space.
Clemson University Foundation
University/Foundation Partnership