2011-04-25T11:31:07-05:00 2010-06-30 DELOACH & WILLIAMSON LLP 1401 MAIN STREET SUITE 660 COLUMBIA SC 29201 990 2009-07-01 576028985 MEDICAL UNIVERSITY OF SOUTH CAROLINA FOUNDATION MEDI 8437922677 18 BEE STREET CHARLESTON SC 29425 ROBYN FRAMPTON 2011-03-08 8037718855 2011-03-09 X 2009 2016-02-24 21:20:13Z foundation thomas anderson 18 BEE STREET charleston SC 29425 215691386 false X WWW.MUSC.EDU.FOUNDATION X 1966 SC the foundation was organized to promote the facilities and programs of the medical university of south carolina and the medical university of south carolina hospital authority. 30 30 0 0 0 0 28550142 24798074 10839161 17317625 -12259972 4669104 148189 102070 27277520 46886873 21112764 17830747 0 0 19079 21566 127994 55000 1337037 7123009 12115273 28382846 30022586 -1105326 16864287 298720055 346348709 126788300 138907553 171931755 207441156 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. false false 17264818 17164169 GIFTS AND GRANTS TO THE MEDICAL UNIVERSITY OF SOUTH CAROLINA AND THE MEDICAL UNIVERSITY OF SOUTH CAROLINA HOSPITAL AUTHORITY TO PROMOTE EDUCATION, RESEARCH AND OTHER PROGRAMS. 609904 609904 STUDENT SCHOLARSHIPS 9201781 SUPPORT OF STUDENT AND FACULTY FACILITIES AT THE MEDICAL UNIVERSITY OF SOUTH CAROLINA. 56674 56674 AWARDS 56674 56674 27133177 true true false false false false false false true true true false false false false false false true true false false true false true true false false false false false false false false false false true true false false true true false true false true 40 0 true 0 true false true CJ false false true true true true false false false false false false 30 30 true false false false false false false true true false false true true true true true true true true false SC X X THOMAS P ANDERSON 8437922677 18 BEE STREET charleston SC 29425 WILLIAM A BAKER JR 1.0 X X 0 0 0 MELVYN BERLINSKY 0.0 X 0 0 0 WILLIAM H BEST 0.0 X 0 0 0 PAULA HARPER BETHEA 0.0 X 0 0 0 FRANK W BRUMLEY 0.0 X 0 0 0 JAMES B EDWARDS 0.0 X 0 0 0 RICHARD D ELLIOTT 0.5 X 0 0 0 CARLOS E EVANS 0.5 X 0 0 0 THEODORA L FELDBERG 0.0 X 0 0 0 RAYMOND S GREENBERG 3.5 X 0 212189 44819 WILLIAM B HEWITT 0.0 X 0 0 0 FELICE HIRSCH 0.5 X 0 0 0 HAROLD B HOLMES JR 0.0 X 0 0 0 VERNON E MERCHANT JR 0.0 X 0 0 0 ANTONY M MERCK 0.0 X 0 0 0 JOHN TUCKER MORSE 0.0 X 0 0 0 KELLEY SMITH O QUINN 0.0 X 0 0 0 WILBUR P PREZZANO JR 0.0 X 0 0 0 THOMAS C ROWLAND JR 1.5 X 0 0 0 WALTER G SEINSHEIMER 1.0 X 0 0 0 ROBERT J SYWOLSKI 1.0 X 0 0 0 JOHN E THOMPSON JR 3.0 X 0 0 0 RICK J THROCKMORTON 1.0 X 0 0 0 THOMAS WARING 0.0 X 0 0 0 ANITA G ZUCKER 10.0 X X 0 0 0 LARRY F BURTSCHY 1.0 X 0 0 0 THOMAS E HEARON III 1.0 X 0 0 0 BARCLAY McFADDEN III 0.0 X 0 0 0 A McKOY ROSE JR 0.5 X 0 0 0 HARRY J BUTLER JR 0.5 X 0 0 0 KAY K CHITTY 2.0 X 0 0 0 ROBERT E HUGHES JR 0.5 X 0 0 0 STEVE OWINGS 0.5 X 0 0 0 WILLIAM H BINGHAM SR 0.5 X 0 0 0 JOHN E CAY III 0.5 X 0 0 0 LARRY J FERGUSON 0.5 X 0 0 0 CECIL EDWARD FLOYD 1.0 X 0 0 0 SHAWN A JENKINS 1.0 X 0 0 0 BROWNLEE LOWRY 0.5 X 0 0 0 ELIZABETH H MCCULLOUGH 0.5 X 0 0 0 DOUGLAS P WENDEL 0.5 X 0 0 0 L John Clark 2.0 X 0 0 0 william m matthew 0.0 X 0 0 0 Walter F Johnson 0.5 X 0 0 0 allan stalvey 0.5 X 0 0 0 daniel j sullivan 1.5 X 0 0 0 THOMAS P ANDERSON 40.0 X X 216561 21000 75248 ROBYN M FRAMPTON 40.0 X 0 121206 33461 216561 354395 153528 1 false true true LCG Associates 400 Galleria Parkway suite 1800 ATLANTA GA 30339 investing consultant 185108 1 24798074 4645839 24798074 RENTAL INCOME 6599742 6599742 0 MUHA/UMA/OTHER CLINICAL 10717883 10717883 17317625 4034678 4034678 0 0 169107157 168472731 634426 634426 634426 433852 331782 102070 0 0 0 46886873 17317625 0 4669104 17830747 17830747 0 0 0 21566 21566 0 0 0 0 0 0 230956 209593 21363 18750 18750 0 55000 55000 352028 352028 114580 90093 24487 0 110666 110666 0 0 0 100649 100649 0 0 7189323 7189323 0 1312139 1286220 25919 0 0 PERSONNEL 886182 886182 PROPERTY EXPENSES 379220 363715 15505 CONTRACTED SERVICES 20830 20830 DEVELOPMENT COSTS 1282037 1282037 INSURANCE 55443 55443 62470 7394 55076 30022586 27133177 1552372 1337037 7509158 6690995 34194381 32178969 15326391 17623280 55949 401317 92731301 9838939 84174748 82892362 118304999 156270727 39138766 50273327 15663 17732 298720055 346348709 3299548 4526583 11685938 10946551 5300000 47845259 84936196 53973572 21566618 21615588 126788300 138907553 X 32815366 31639122 54794519 79948908 84321870 95853126 171931755 207441156 298720055 346348709 X false true true X false X X false false false MEDICAL UNIVERSITY OF SOUTH CAROLINA 576007222 06 true true true 15307319 MUSC HOSPITAL AUTHORITY 571098556 06 true true true 136774 2 15444093 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 145666648 7621736 30998381 2732704 181554061 160917099 7224238 -17882162 4592527 145666648 0.07100 0.80330 0.12570 false false 40714994 66944 40781938 50859695 542004 9527700 41873999 207860 151340 311239 47961 188464 0 188464 82892362 26550468 F 23722859 F 50273327 0 ANNUITIES PAYABLE 3763188 CONTRIBUTIONS PAYABLE-MUSC 17852400 21615588 46886873 30022586 16864287 18645114 18645114 35509401 65945889 18645114 82120 331782 19059016 46886873 46886873 30436488 82120 331782 413902 30022586 30022586 special events expense Part XII, Line 2d Reclass for presentation purposes only special events expense Part XIII, Line 2d Reclass for presentation purposes only intended uses of endowment funds Schedule D, Part V, Line 4 the intended uses of the endowment funds are to support the three primary missions of the medical university of south carolina and the medical university hospital authority, education, patient care, and research. X X X X X X true James B Edwards consultant false 0 55000 0 0 55000 0 SC various 433852 433852 331782 0 433852 433852 331782 331782 102070 true medical university of south carolina 18 BEE STREET charleston SC 29425 576007222 115 13608858 1698461 fmv in-kind contribution assist university Medical university hospital authority 171 ASHLEY AVENUE charleston SC 29425 571098556 501(c)(3) 136774 cash assist hospital X X X X false false false false false false false false false THOMAS P ANDERSON 212473 21000 4088 70635 4613 287196 25613 286648 26156 RAYMOND S GREENBERG 0 207194 4995 44819 0 257008 273996 ROBYN M FRAMPTON 0 121206 33461 0 154667 149911 compensation from unrelated organization form 990, part VII, Line 5 thomas anderson received compensation from an unrelated organization, University Medical Associates, for services rendered to the medical university of south carolina foundation as follows: W-2 Wages: $212,473, which includes a $17,500 bonus. In addition, University Medical associates provided $53,604 in fringe benefits to Mr. Anderson. South carolina jobs-economic development authority 570960018 2009-12-17 1083280 building and structures false false south carolina jobs-economic development authority 570960018 2009-12-17 2360428 building and structures false false south carolina jobs-economic development authority 570960018 2009-12-17 20858099 building and structures false false south carolina jobs-economic development authority 570960018 2010-01-07 19381084 building and structures false false 1083280 6000 1077280 true false true true 2360428 10000 2350428 true false true true 20858099 96000 20762099 true false true true 19381084 88000 19293084 true false true true X 26 12740 FMV X 2291 FMV X 21361 FMV X 23 2034664 FMV X 4 830600 FMV X 1 70 FMV X 11 12080 FMV X Equipment/Jewelry 23 797748 FMV X Vacation/Free Passes 86 28049 FMV X Professional Services 11 906236 FMV 2 false false false Form 990 Review Process Form 990, Part VI, Line 11 Management provides an electronic copy of the 990 to the board of directors along with an executive summary for their review and feedback. in addition, the 990 is presented to the audit committee for review and approval. Conflict of interest policy Form 990, part VI, Line 12 the policy is provided to all directors, principal officers, and top management annually. They are asked to sign a statement affirming that they have received a copy of the policy, have read and understand the policy, and agree to comply with the policy. the board is also surveyed for any issues. process for determining compensation Form 990, part VI, Line 15 the ceo's contract is disclosed in the board of director's manual. the executive committee of the board of directors sets compensation for the ceo. the committee relies on performance evaluations, peer and industry comparisons, and any additional independent data to set the executive compensation. the cfo's compensation is set by the ceo in conert with the board chairperson. a formal performance evaluation is prepared along with comparable data from independent parties and peers. public transparency form 990, part VI, line 19 the organization makes its financial statements available through its own website. also provided on the website are certain governing documents as well as the organizations's irs determination letter. the conflict of interest policy and other documents are available upon request. the foundation is continuing to make more information available through its website. non-standard contributions Schedule M, Line 31 although it is not a written policy, it is standard protocal to flag such contributions for review in order to determine whether to accept. Business Relationship Part VI, section a, line 2 Richard Elliott and Robert Hughes, both members of the board of directors, had a business relationship during the tax year. 55 Bee Street LLC 55 BEE STREET Charleston SC 29425 576028985 Rental SC 100557 1097953 NA Parking Garage Associates LLC 18 BEE STREET charleston SC 29425 576028985 rental SC 1803632 18982005 NA 135 cannon street llc 135 CANNON STREET charleston SC 29403 576028985 RENTAL SC 2157414 23546328 na Medical university of south carolina 171 ASHLEY AVENUE charleston SC 29425 576007222 university SC IRC 115 6 na musc hospital authority 171 ASHLEY AVENUE charleston SC 29425 571098556 hospital SC 501(c)(3) 6 na false true false true true false false false true false true true true true true true true true Medical University of South Carolina B,D,E 15307319 Medical University Hospital authority B,D,E 136774