Public Charity

MUSC STRATEGIC VENTURES

MUSC STRATEGIC VENTURES, of CHARLESTON, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.3M in revenue, $4.8M in expenses, $105.0M in total assets. 7 publicly reported grants to this organization, totaling roughly $1.5M, appear in IRS filings.

EIN: 300895040 CHARLESTON, SC Latest filing: 2024
Total Revenue$4.3M
Total Expenses$4.8M
Total Assets$105.0M
Grant Records7
Funding Total$1.5M
Filing Years2020–2024

Mission

TO PROMOTE AND SUPPORT THE EDUCATIONAL, MEDICAL, SCIENTIFIC, AND RESEARCH PURPOSES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA "MUSC", AND UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA "UMA", INCLUDING THEIR COLLABORATIONS WITH MEDICAL UNIVERSITY HOSPITAL AUTHORITY "MUHA", TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE TAX-EXEMPT PURPOSE OF MUSC AND UMA, AND ANY OTHER EXISTING OR FUTURE TAX-EXEMPT AFFILIATES OF MUSC OR UMA; AND TO PROMOTE, ESTABLISH, CONDUCT AND MAINTAIN ACTIVITIES ON ITS OWN BEHALF, OR IN COLLABORATIONS OR VENTURES WITH OTHERS, AS SUCH MAY CONTRIBUTE TO OR OTHERWISE SUPPORT AND ASSIST MUSC OR UMA, OR ANY OTHER EXISTING OR FUTURE TAX-EXEMPT AFFILIATES OF MUSC OR UMA, ALL IN ACCORDANCE WITH LAW AND REQUIREMENTS UNDER THE MEANING OF SECTION 501(C)(3) OF THE IRC AND SHALL NOT CARRY ON ANY ACTIVITY NOT PERMITTED UNDER SUCH STATUTE.

Officers & Directors

DIRECTOR Charles Schulze
DIRECTOR David Cole
CHAIR & DIRECTOR Don Johnson Ii
DIRECTOR Donna Johnson
DIRECTOR James Lemon
SECRETARY Katherine Haltiwanger

Officer compensation and complete director data available with membership.

Top Grant Purposes

DAF - Health Care & Research
$673,800 2 grants
RESEARCH SUBCONTRACT
$458,203 1 grant
Unspecified
$310,000 2 grants
HOGS FOR THE CAUSE FAMILY AND PATIENT FUND
$50,000 1 grant
BRING THE HEALING POWER OF PLAY TO CHILDREN IN HOSPITAL SETTINGS
$22,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.3M $4.8M $105.0M
2023 $5.3M $4.0M $104.8M
2022 $4.0M $3.9M $107.2M
2021 $5.6M $2.7M $67.8M
2020 $3.6M $3.0M $60.0M

Between 2020 and 2024, reported annual revenue grew from $3.6M to $4.3M (+20%), with total assets most recently reported at $105.0M.

Interactive year-over-year charts and full filing details available with membership.

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