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Medical University Of South Carolina Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 576028985 ✦ Charleston, SC ✦ Designated as a 501(c)(3)

Overview

What is Medical University Of South Carolina Foundation?

The Medical University of South Carolina Foundation, established in 1966, functions as a charitable entity that supports the educational, research, and clinical programs of the Medical University of South Carolina (MUSC) and its Hospital Authority (MUHA). Located in Charleston, South Carolina, the Foundation promotes innovation and improved patient care through grants and gifts. In recent years, significant efforts have been made to expand telehealth-based mental health treatment for postpartum women and launch a maternal home visitation program to enhance health outcomes for mothers and newborns in rural communities. The Foundation's assets would be transferred to MUSC if it were dissolved. Its mission is to foster the growth of MUSC's educational, research, and healthcare initiatives.


Official website here: www.musc.edu/foundation

Is Medical University Of South Carolina Foundation legitimate?

Medical University Of South Carolina Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical University Of South Carolina Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.musc.edu/foundation

What is the mission statement of Medical University Of South Carolina Foundation?

The Medical University of South Carolina Foundation is an educational, charitable organization established to support the initiatives of the Medical University of South Carolina (MUSC) and the Medical University Hospital Authority. Its primary goal is to promote educational, research, clinical, and other programs within MUSC. The foundation's assets would be transferred to MUSC in the event of dissolution. In recent years, the foundation has expanded its role by promoting similar programs through the Medical University Hospital Authority. Significant support from donors has been instrumental in enhancing innovation and improved patient care and research, with a focus on maternal and newborn care, telehealth, and rural communities. MUSC is a national leader in telehealth medicine and has made significant strides in maternal and newborn care. Researchers at MUSC made several important discoveries, including the identification of the first gene type related to an underestimated disease. The foundation continues to engage the South Carolina community by expanding facilities and services in all areas of the state, with a commitment to providing excellent healthcare to the population. The regional health network remains a transformative process for the MUSC Health System in meeting the needs of South Carolina citizens.


Official website here: www.musc.edu/foundation

Who is the CEO of Medical University Of South Carolina Foundation?

Stuart Ames is the Ceo of Medical University Of South Carolina Foundation. The CEO's salary of Medical University Of South Carolina Foundation is $0 and their total compensation is $483,464.


Official website here: www.musc.edu/foundation

What is the revenue of Medical University Of South Carolina Foundation?

Medical University Of South Carolina Foundation's revenue in 2022 was $101,651,991.


Official website here: www.musc.edu/foundation

Who are the executives of Medical University Of South Carolina Foundation and what are their salaries?

There are 3 employees and 200 volunteers at Medical University Of South Carolina Foundation.

Here are 34 key members and their salaries (Medical University Of South Carolina Foundation's CEO's salary is $0 and their total compensation is $483,464):

    Stuart Ames (Ceo)
  • Compensation: $0
  • Related: $450,550
  • Other: $32,914

    • Dr David Cole (Director, Ex-Officio)
  • Compensation: $0
  • Related: $432,732
  • Other: $6,685

    • Robyn Frampton (Coo/Cfo)
  • Compensation: $42,000
  • Related: $175,402
  • Other: $3,935

    • Matt Muse (Controller)
  • Compensation: $0
  • Related: $120,320
  • Other: $2,429

    • Mr Richard Almeida (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James Allhusen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Omar Ramberan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James Battle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Lane Ballard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Brinda Chokshi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Deborah Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Rick Dhillon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr John Downing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr George Gephart Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Thomas Flanagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Col Mike Heath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Harold Jablon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Michael Misha Joukowsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Bob Keane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr James Lemon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Jan Childress Mccrary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Thomas Tom Motamed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Susan Pearlstine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr W Thomas Parrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Celeste Patrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Brian Poplin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Charles Schulze (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Marva Smalls (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Lisa Montgomery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ronald Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Charles Wendell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Ann Wrobleski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr John Cahill (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James Jim Macleod (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.musc.edu/foundation

    Where can I find the form 990 for Medical University Of South Carolina Foundation?

    The Medical University Of South Carolina Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.musc.edu/foundation

    Learn more at the official website: www.musc.edu/foundation

    Mission Statement of Medical University Of South Carolina Foundation

    The Medical University of South Carolina Foundation, or MUSC Foundation, was established in 1966 as an educational, charitable, and eleemosynary foundation under South Carolina law. This organization's primary purpose is to support the educational, research, clinical, and other facilities and programs of the Medical University of South Carolina (MUSC) and the Medical University Hospital Authority (MUHA), a component unit of MUSC. In the event of dissolution, the Foundation's assets would be transferred to MUSC and used to continue its activities.

    With a mission to promote education, research, and clinical initiatives for the Medical University of South Carolina and its Hospital Authority, the MUSC Foundation has been instrumental in providing significant support to enhance innovation, patient care, and research. In fiscal year 2022, numerous grants and donations were channeled towards the Foundation to further these objectives. For instance, MUSC doctors received grants to expand telehealth-based mental health treatment for South Carolina postpartum women and initiate a telehealth-enabled maternal home visitation program to improve health outcomes for South Carolina mothers and their newborns. Additionally, a substantial endowment was established to pilot and sustain maternal and newborn care in rural communities.

    MUSC is a leading institution in the delivery of telehealth medicine, playing a pivotal role in advancing healthcare for people in their communities. The Foundation's efforts have contributed to the growth and development of facilities and services across all areas of the state, with a focus on providing excellent health care. The regional health network continues to be a transformative process for the MUSC Health System, enabling it to serve the citizens of South Carolina more effectively.

    Impact

    This information is meant to be a general summary of Medical University Of South Carolina Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the Medical University of South Carolina Foundation can be seen in its substantial support towards promoting education, research, and innovative programs at the Medical University of South Carolina and the Medical University of South Carolina Hospital Authority. In FY22, significant gifts and grants were provided to advance patient care, research, and access to healthcare services in South Carolina.

    Specifically, the foundation supported projects such as increasing access to telehealth-based mental health treatment for postpartum women, launching a telehealth-enabled maternal home visitation program to improve health outcomes for mothers and newborns, and establishing an endowment to pilot and sustain maternal and newborn care in rural communities. These initiatives showcase the foundation's commitment to improving healthcare delivery, research, and services for the community.

    Moreover, the foundation's contributions have facilitated groundbreaking discoveries, such as identifying the first gene type related to a previously misunderstood disease. Through outreach and development efforts across the state, the Medical University of South Carolina Foundation continues to enhance healthcare services and facilities, with a focus on providing excellent care to individuals in their communities.

    Overall, the foundation's support has played a pivotal role in advancing medical research, improving patient care, and transforming the healthcare landscape in South Carolina.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $37,725,537
  • Program Service Revenue: $8,873,843
  • Gross Receipts: $403,604,964

    • Assets and Liabilities:
  • Total Assets: $730,105,616
  • Total Liabilities: $195,973,103
  • Net Assets: $534,132,513
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $5,878,635

    MUHA/MUSC PHYSICIANS/OTHER CLINIC

    Revenue

    $2,995,208

    Organization Details

    Founding Year

    1966

    Principal Officer

    Stuart Ames

    Main Address

    18 BEE STREET, CHARLESTON, SC, 29425

    NTEE Category

    Code: B11 - Education

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