South Carolina · Nonprofit
MUSC STRATEGIC VENTURES
MUSC STRATEGIC VENTURES (South Carolina) receives grants from 5 organizations whose IRS filings report $2,290,463 to it, the largest being BETH ISRAEL DEACONESS MEDICAL CENTER INC ($1,234,663). 3 of them have funded it in more than one year.
- Revenue FY2025
- $25M
- Funders on record
- 5
- Grants received
- $2.3M
- Net assets
- $44M
What Musc Strategic Ventures does
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.
As stated on its FY2025 Form 990.
Program
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 uma (along with muha) to collectively collaborate with high quality affiliated health care providers; provide education with respect to health care to communities and providers; improve access to high quality health care for the citizenry of south carolina; establish and deppen relationships with musc and uma affiliates; optomize state-of-the-art information technology and communication systems to leverage expertise; utilize performance improvement methodologies to achieve optimal outcomes for populations; and generally drive other initiatives to promote the shared mission of musc and uma.
$2,091,856 spent$3,772,549 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $2,091,856.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $1.3M to $64M (+4650%).
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.
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).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
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
Patrick Cawley
CEO & director
Board chair
Don Johnson Ii
Chair & director
As listed on its FY2025 Form 990.
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) — 29% 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 54% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder 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.
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 81% of its grant income from funders outside South Carolina, across 4 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $674k arriving through sponsors registered in 1 state 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.
Against its field
MUSC STRATEGIC VENTURES runs a healthier operating margin than three-quarters of the 2,843 health nonprofits its size.
this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025
Organizations like MUSC STRATEGIC VENTURES
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
45% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
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.
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 MUSC STRATEGIC VENTURES?
- MUSC STRATEGIC VENTURES (South Carolina) receives grants from 5 organizations whose IRS filings report $2,290,463 to it, the largest being BETH ISRAEL DEACONESS MEDICAL CENTER INC ($1,234,663). 3 of them have funded it in more than one year.
- How many funders does MUSC STRATEGIC VENTURES have?
- IRS filings report 5 organizations giving $2,290,463 in grants to MUSC STRATEGIC VENTURES, 3 of which have funded it in more than one year.
- Who is the largest funder of MUSC STRATEGIC VENTURES?
- BETH ISRAEL DEACONESS MEDICAL CENTER INC is the largest funder on record, with $1,234,663 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.
Play a game about who funds Musc Strategic Ventures →
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 5 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 14, 2026. What this page cannot tell you · view filing