Public Charity

MUSC STRATEGIC VENTURES

MUSC STRATEGIC VENTURES, of CHARLESTON, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $24.6M in revenue, $4.7M in expenses, $119.9M in total assets. 8 publicly reported grants to this organization, totaling roughly $2.3M, appear in IRS filings.

EIN: 300895040 CHARLESTON, SC Single Organization Support NTEE: E11 Latest filing: 2025
Total Revenue$24.6M
Total Expenses$4.7M
Total Assets$119.9M
Grant Records8
Funding Total$2.3M
Filing Years2021–2025

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.

Where $100 goes at Musc Strategic Ventures

How Musc Strategic Ventures divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$49 Programs the work itself
$51 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $49 for programs

$49
Musc Strategic Ventures will perform functions that would otherwise have to be performed by musc and uma which will involve determining and implementing strategies that enable musc and…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

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

Research & Policy
$1,234,663 2 grants
Health & Medicine
$745,800 4 grants
Unspecified
$310,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $24.6M $4.7M $119.9M
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

Between 2021 and 2025, reported annual revenue grew from $5.6M to $24.6M (+336%), with total assets most recently reported at $119.9M.

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

See the full picture for MUSC STRATEGIC VENTURES

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