THE MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION

As filed

Subsection

03

NTEE code

H90

Classification

2800

Street

18 BEE ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• ALUMNI ASSOCIATION OF THE MEDICAL UNIVERSITY OF SOUTH CAROLI

  EIN 39-3429720

Mission and programs · 2024

• GIFTS AND GRANTS TO THE MEDICAL UNIVERSITY OF SOUTH CAROLINA AND THE MEDICAL UNIVERSITY OF SOUTH CAROLINA HOSPITAL AUTHORITY TO PROMOTE EDUCATION, RESEARCH, AND COMPREHENSIVE HEALTH CARE. SELECT SUPPORTED AREAS OF NOTE FOR FY 2025 INCLUDE STRUCTURAL HEART PROGRAM INITIATIVES AND ACTIVITIES, CHILDREN'S HEALTH, HOLLINGS CANCER CENTER RESEARCH, EQUIPMENT TO SERVE HEAD AND NECK CANCER CENTER, AND EHLERS DANLOS SYNDROME.

  Expenses $52,125,049 · Grants $52,125,049 · Revenue $14,773,345

• STUDENT SCHOLARSHIPS - THE MUSC ENTERPRISE IS FOCUSED ON THE AFFORDABILITY OF MEDICAL EDUCATION THROUGH SCHOLARSHIP OPPORTUNITIES FOR STUDENTS. TO THIS EFFORT, THE FOUNDATION HAS PARTNERED WITH MUSC TO INCREASE ITS SUPPORT OF SCHOLARSHIPS NOW AND IN THE FUTURE. SIGNIFICANT SCHOLARSHIP SUPPORT WAS AWARDED ACROSS ALL SIX COLLEGES THAT ENABLED STUDENTS TO BEGIN OR CONTINUE THEIR GOALS IN MEDICAL EDUCATION. THE RESOURCES PROVIDED BY THE FOUNDATION WERE COMBINED WITH OTHER RESOURCES OF MUSC TO CREATE AN EVER GROWING BASE OF AWARDED DOLLARS TO THESE STUDENTS. IN FY 2025, 19 NEW SCHOLARSHIP FUNDS WERE ESTABLISHED.

  Expenses $2,858,821 · Grants $2,858,821

• FACILITIES - THE FOUNDATION CONTINUES TO SUPPORT THE MAINTENANCE AND CREATION OF STUDENT AND FACULTY FACILITIES AT THE MEDICAL UNIVERSITY OF SOUTH CAROLINA. THE FOUNDATION WORKS STRATEGICALLY WITH THE MUSC ENTERPRISE TO PROVIDE AND SUPPORT STATE OF THE ART FACILITIES FOR THE PURPOSES OF CLINICAL CARE, RESEARCH, AND EDUCATION. THESE FACILITIES ARE INTEGRAL TO THE SUCCESS OF MUSC BEING RECOGNIZED AS A NATIONAL LEADER IN MANY DISCIPLINES AND FOR ITS CONTINUED NATIONAL GROWTH IN OTHER FOCUSED CLINCIAL, ACADEMIC AND RESEARCH AREAS.

  Expenses $11,058,993 · Revenue $4,260,100

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $136,664,063

  Expenses

  $81,004,152

  Contributions

  $93,088,813

  Grants paid

  $54,983,870

• 2023

  Revenue

  $88,946,011

  Expenses

  $61,981,772

  Contributions

  $53,789,434

  Grants paid

  $44,154,112

• 2022

  Revenue

  $80,589,263

  Expenses

  $56,259,300

  Contributions

  $39,849,315

  Grants paid

  $46,494,916

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2024 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2023 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2022 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2021 · 990

  Revenue

  $101,651,991

  Expenses

  $46,975,865

  Assets (EOY)

  $730,105,616

• 2021 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2020 · 990

  Revenue

  $58,752,346

  Expenses

  $63,202,309

  Assets (EOY)

  $746,557,015

• 2020 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2019 · 990

  Revenue

  $28,626,184

  Expenses

  $39,928,961

  Assets (EOY)

  $614,746,136

• 2018 · 990

  Revenue

  $47,561,905

  Expenses

  $39,134,326

  Assets (EOY)

  $627,864,659

• 2017 · 990

  Revenue

  $126,528,751

  Expenses

  $43,475,495

  Assets (EOY)

  $623,800,105

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• MEDICAL UNIVERSITY OF SOUTH CAROLINA

  $40,638,814

  2024 · ASSIST UNIVERSITY

• MEDICAL UNIVERSITY OF SOUTH CAROLINA

  $40,124,782

  2022 · ASSIST UNIVERSITY

• MEDICAL UNIVERSITY OF SOUTH CAROLINA

  $38,444,031

  2023 · ASSIST UNIVERSITY

• MUSC HOSPITAL AUTHORITY

  $13,335,290

  2024 · ASSIST HOSPITAL

• MUSC HOSPITAL AUTHORITY

  $6,746,770

  2022 · ASSIST HOSPITAL

• MUSC HOSPITAL AUTHORITY

  $5,199,513

  2023 · ASSIST HOSPITAL

Where these grants went next →

Grants received

• SHRINERS HOSPITALS FOR CHILDREN

  $3,000,000

  2022 · ENDOWED PROFESSORSHIP IN PEDIATRIC BURN CARE

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $1,125,018

  2024 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $1,092,540

  2023 · For grant recipient's exempt purposes

• NATIONAL PHILANTHROPIC TR

  $1,058,750

  2023 · HUMAN SERVICES

• NATIONAL PHILANTHROPIC TR

  $908,476

  2024 · HEALTH

• COASTAL COMMUNITY FOUNDATION OF SOUTH CAROLINA INC

  $871,565

  2023 · HEALTH

• DONOR ADVISED CHARITABLE GIVING

  $680,809

  2024 · HEALTH

• NATIONAL PHILANTHROPIC TR

  $647,094

  2022 · HEALTH

• THE AYCO CHARITABLE FOUNDATION

  $621,000

  2023 · MEDICAL / PUBLIC SERVICES

• MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC

  $525,028

  2024 · UNRESTRICTED GENERAL SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files