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South Carolina · Nonprofit

MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION

MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION (South Carolina) receives grants from 217 organizations whose IRS filings report $80,917,378 to it, the largest being THE DUKE ENDOWMENT ($22,643,652). 121 of them have funded it in more than one year.

Revenue FY2025
$137M
Funders on record
217
Grants received
$81M
Net assets
$779M
121/217 repeat funderspeak grant-dependency 20%
01What it does

What Medical University of South Carolina Foundation does

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.

As stated on its FY2025 Form 990.

Programs

  1. 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.

    $52,125,049 spentof which $52,125,049 as grants$14,773,345 earned by the program
    79% of program spending
  2. 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.

    $2,858,821 spentof which $2,858,821 as grants
    4% of program spending
  3. 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.

    $11,058,993 spent$4,260,100 earned by the program
    17% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $66,042,863.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($66M) Expenses 100 ($67M) Net assets 100 ($396M)2018 Revenue 192 ($127M) Expenses 65 ($43M) Net assets 112 ($443M)2019 Revenue 72 ($48M) Expenses 59 ($39M) Net assets 113 ($449M)2020 Revenue 43 ($29M) Expenses 60 ($40M) Net assets 112 ($446M)2021 Revenue 89 ($59M) Expenses 95 ($63M) Net assets 140 ($556M)2022 Revenue 154 ($102M) Expenses 70 ($47M) Net assets 135 ($534M)2023 Revenue 122 ($81M) Expenses 84 ($56M) Net assets 142 ($561M)2024 Revenue 135 ($89M) Expenses 93 ($62M) Net assets 164 ($648M)2025 Revenue 207 ($137M) Expenses 121 ($81M) Net assets 196 ($779M)
'17'18'19'20'21'22'23'24'25
Revenue (207)Expenses (121)Net assets (196)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $615M to $747M (+21%).

$577M
$624M
$628M
$615M
$747M
$730M
$755M
$817M
$944M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

68% of MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$950k
’17
$83M
’18
$8.4M
’19
−$11M
’20
−$4.4M
’21
$55M
’22
$24M
’23
$27M
’24
$56M
’25
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Stuart Ames

Chief executive officer

Board chair

Jim Macleod

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed546059333234333234
Joined·+12+50+3+3+4+4+24+5
No longer listed·65129425253
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 28 funders to 90 funders, grant income rose $4.1M → $12M.

47 of 217 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION’s funders (the co-funder graph). Top 30 of 217 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION has a broad base — no single funder exceeds 28% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

54% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION.

28%
largest funder
39%
top three
~10
effective funders

Largest funder’s share by year: 2017 32% · 2018 21% · 2019 38% · 2020 23% · 2021 30% · 2022 32% · 2023 38% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

39% of MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION draws 90% of its grant income from funders outside South Carolina, across 28 states in all.

ME
NH
WA
IL
WI
MI
NY
MA
OR
IN
OH
PA
NJ
CT
CA
CO
MO
VA
MD
DE
TN
NC
SC
LA
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
South Carolina out of state home

Funder states come from each funder’s own filing. $23M arriving through sponsors registered in 20 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION runs a healthier operating margin than three-quarters of the 1,256 health nonprofits its size.

Operating margin41% · top quartile
Months of reserve0.9mo · above the median
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 1,256 health nonprofits over $100M, FY2025

Organizations like MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In South Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 9%Fundraising 10%

Governance

30
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

73%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 3 states

NY
CA
SC

Part of a family of 8 related entities

  • 55 Bee Street LLC · disregarded
  • Parking Garage Associates LLC · disregarded
  • 135 Cannon Street · disregarded
  • 165 Cannon Street · disregarded
  • 1824 Health Ventures LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION?
MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION (South Carolina) receives grants from 217 organizations whose IRS filings report $80,917,378 to it, the largest being THE DUKE ENDOWMENT ($22,643,652). 121 of them have funded it in more than one year.
How many funders does MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION have?
IRS filings report 217 organizations giving $80,917,378 in grants to MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION, 121 of which have funded it in more than one year.
Who is the largest funder of MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION?
THE DUKE ENDOWMENT is the largest funder on record, with $22,643,652 in grants. The full list of funders is on this page.
How can an organization like MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 217 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing