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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.
- Base
- $297k
- Bonus
- —
- Other
- $18k
- Benefits
- $20k
- Base
- $208k
- Bonus
- —
- Other
- —
- Benefits
- $21k
- Base
- $208k
- Bonus
- —
- Other
- —
- Benefits
- $18k
- Base
- $197k
- Bonus
- —
- Other
- —
- Benefits
- $9k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO 75th to 90th percentile | $297k | — | $18k | $20k | $335k $355k |
General Counsel Key Employee Median to 75th percentile | $208k | — | — | $21k | $254k $269k |
VP of Medical Technologly Board Vice President Median to 75th percentile | $208k | — | — | $18k | $237k $251k |
VP Board Vice President 25th percentile to median | $197k | — | — | $9k | $206k $218k |
Senior Director of Ip Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $121k $128k |
Trustee Board Member 10th to 25th percentile | — | — | — | — | $18k $20k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at MUSC Foundation for Research Development equaled 6% of the organization's total expenses. The median for medical research organizations is 10%.
Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Climbed 109%
over 2 years
From $160k in 2022 to $335k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 15% from 2023 to 2024, while revenue rose 11%.
- Key Employee pay rose 38% from 2023 to 2024.
- Board Vice President pay rose 13% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MUSC Foundation for Research Development
What does the Chief Executive Officer of MUSC Foundation for Research Development earn?
In 2024, the Chief Executive Officer of MUSC Foundation for Research Development received $334,818 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Medical Research organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MUSC Foundation for Research Development compare with similar nonprofits?
Compared with the same role at Medical Research organizations nationwide, the 2024 pay of the Chief Executive Officer at MUSC Foundation for Research Development falls between the 75th and 90th percentiles. In 2024, the highest total compensation at MUSC Foundation for Research Development equaled 6% of the organization's total expenses. The median for medical research organizations is 10%.
What are MUSC Foundation for Research Development's revenue and expenses?
In 2024, MUSC Foundation for Research Development reported $5.6M in total revenue and $5.2M in total expenses on its IRS Form 990.
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