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South Carolina · Nonprofit

MUSC STRATEGIC VENTURES

MUSC STRATEGIC VENTURES (South Carolina) receives grants from 5 organizations whose IRS filings report $1,514,003 to it, the largest being Combined Jewish Philanthropies of Greater Boston Inc ($673,800). 2 of them have funded it in more than one year.

$25M
Revenue FY2025
5
Funders on record
$1.5M
Grants received
$44M
Net assets
2/5 repeat funderspeak grant-dependency 8%

Against its field

MUSC STRATEGIC VENTURES runs a healthier operating margin than three-quarters of the 2,338 health nonprofits its size.

Operating margin81% · top quartile
Months of reserve21.4mo · top quartile
Revenue growth (annualized)39% · top quartile

this organization peer median middle 50% of peers· 2,338 health nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($1.7M) Expenses 100 ($807k) Net assets 100 ($673k)2018 Revenue 417 ($7.3M) Expenses 526 ($4.2M) Net assets 553 ($3.7M)2019 Revenue 484 ($8.5M) Expenses 312 ($2.5M) Net assets 1436 ($9.7M)2020 Revenue 204 ($3.6M) Expenses 375 ($3.0M) Net assets 1517 ($10M)2021 Revenue 322 ($5.6M) Expenses 332 ($2.7M) Net assets 1955 ($13M)2022 Revenue 228 ($4.0M) Expenses 479 ($3.9M) Net assets 3418 ($23M)2023 Revenue 300 ($5.3M) Expenses 491 ($4.0M) Net assets 3610 ($24M)2024 Revenue 245 ($4.3M) Expenses 598 ($4.8M) Net assets 3530 ($24M)2025 Revenue 1403 ($25M) Expenses 577 ($4.7M) Net assets 6487 ($44M)
'17'18'19'20'21'22'23'24'25
Revenue (1403)Expenses (577)Net assets (6487)Peer revenue range

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

Government-grant reliance: 2018 60%. Grants only. Government contracts and fees sit inside program revenue.

78% of MUSC STRATEGIC VENTURES’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,738 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$943k
17
$3.0M
18
$5.9M
19
$545k
20
$3.0M
21
$126k
22
$1.3M
23
$535k
24
$20M
25
21
months of
reserve
02Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income fell $400k → $195k.

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF)45% 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 MUSC STRATEGIC VENTURES’s funders (the co-funder graph). 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

MUSC STRATEGIC VENTURES leans on a few funders — its largest provides 45% of grant income and the top three 95%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

100% 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 MUSC STRATEGIC VENTURES.

45%
largest funder
95%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2022 84% · 2023 100%broadly stable.

“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.

Where its funders are

MUSC STRATEGIC VENTURES draws 63% of its grant income from funders outside South Carolina, across 4 states in all.

NY
MA
SC
LA

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

21
22
23
South Carolina out of state home

Funder states come from each funder’s own filing. $674k arriving through sponsors registered in 1 stateis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like MUSC STRATEGIC VENTURES

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

In South Carolina

Nationally

04Profile & governance

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

Where the money goes

45% of spending goes to programs.

Program 45%Management 55%Fundraising 0%

Governance

9
board members
44%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

SC

Part of a family of 4 related entities

  • Musc · exempt
  • University Medical Associates of the Medical University of South Carolina · exempt
  • Medical University Hospital Authority · exempt
  • Msv Health Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for MUSC STRATEGIC VENTURES: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MUSC STRATEGIC VENTURES?
MUSC STRATEGIC VENTURES (South Carolina) receives grants from 5 organizations whose IRS filings report $1,514,003 to it, the largest being Combined Jewish Philanthropies of Greater Boston Inc ($673,800). 2 of them have funded it in more than one year.
How many funders does MUSC STRATEGIC VENTURES have?
IRS filings report 5 organizations giving $1,514,003 in grants to MUSC STRATEGIC VENTURES, 2 of which have funded it in more than one year.
Who is the largest funder of MUSC STRATEGIC VENTURES?
Combined Jewish Philanthropies of Greater Boston Inc is the largest funder on record, with $673,800 in grants. The full list of funders is on this page.
How can an organization like MUSC STRATEGIC VENTURES 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 5funders 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 August 27, 2026. What this page cannot tell you · view filing