THE MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION

CHARLESTON, SC, 29425-8910 (843) 792-2677 Est. 1966 EIN 57-6028985
H90— Medical Research Form 990 501(c)(3)
WWW.MUSC.EDU/FOUNDATION

Mission

THE MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION IS AN EDUCATIONAL, CHARITABLE, ELEEMOSYNARY FOUNDATION ORGANIZED TO PROMOTE THE EDUCATIONAL, RESEARCH, CLINICAL AND OTHER FACILITIES AND PROGRAMS OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA AND THE MEDICAL UNIVERSITY OF SOUTH CAROLINA HOSPITAL AUTHORITY.

Giving Portfolio

Total Grants
12
Total Giving
$209.2M
Recipients
12
Years Active
2017 - 2022
Avg grant: $17,435,180 Median: $15,646,685

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20222$47.7M $23.8M02
20212$39.5M $19.7M02
20202$31.2M $15.6M02
20192$31.4M $15.7M02
20182$29.0M $14.5M02
20172$30.5M $15.3M20

Sectors Funded

Health Care
6

Top States

South Carolina
12

Top Grantees

MEDICAL UNIVERSITY OF SOUTH CAROLINA
SC - 6 grants
$171.2M

Grants Awarded · 6 grants

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Financials

Total Revenue
$80,589,263
Total Expenses
$56,259,300
Net Assets
$561,266,866
1 employees 200 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
10.0 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 20.7%
Expenses ↑ 19.8%
Revenue Sources
Contributions 49.4% Earned revenue 8.3% Investment 42.5%
Expense Breakdown
Program 87.5% Management 8.5% Fundraising 4.0%

Officers & Trustees (33)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2022 Form 990$80,589,263 $56,259,300$561,266,866
2021 Form 990$101,651,991 $46,975,865$534,132,513
2020 Form 990$58,752,346 $63,202,309$555,540,620
2019 Form 990$28,626,184 $39,928,961$445,729,032
2018 Form 990$47,561,905 $39,134,326$449,410,789
2017 Form 990$126,528,751 $43,475,495$442,716,211

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EIN: 57-6028985 · Source: IRS Form 990 e-file data