MUSC Foundation for Research Development is a nonprofit organization categorized as Public Charity based in CHARLESTON, SC. Its most recent IRS filing (2025) reports revenue of $5.6M, expenses of $5.2M, total assets of $4.7M. Imperigo tracks 15 reported grant relationships connected to this organization totaling approximately $449K.
1. TO SUPPORT THE EDUCATIONAL, RESEARCH, AND HEALTHCARE MISSION OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (MUSC) BY FOSTERING CREATIVITY AND INNOVATION. 2. TO INITIATE AND SUSTAIN COOPERATION AND COLLABORATION BETWEEN MUSC AND BUSINESS AND INDUSTRY. 3. ACT AS MUSC'S INTELLECTUAL PROPERTY MANAGEMENT AND TECHNOLOGY MARKETING ARM. 4. ADVANCE HEALTHCARE-RELATED ECONOMIC DEVELOPMENT FOR SOUTH CAROLINA AND THE NATION. 5. SUPPORT ECONOMIC DEVELOPMENT THROUGH TECHNOLOGY LICENSING.
How MUSC Foundation for Research Development divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Showing up to 5 of 15 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.6M | $5.2M | $4.7M |
| 2024 | $5.1M | $4.5M | $4.7M |
| 2023 | $5.5M | $4.6M | $4.1M |
| 2022 | $3.0M | $2.9M | $2.3M |
| 2021 | $2.8M | $2.8M | $2.4M |
Between 2021 and 2025, reported annual revenue grew from $2.8M to $5.6M (+102%), with total assets most recently reported at $4.7M.
Interactive year-over-year charts and full filing details available with membership.
