EIN 57-1031624

Zucker Institute for Innovation Commercialization

IRS 501(c) type
501(c)(3)
Num. employees
9
Year formed
1995
Most recent tax filings
2024-06-01
Description
The Foundation manages and markets intellectual property emanating from Musc in order to expedite, for the public's benefit, the translation of ideas into procedures, devices, and products.
Also known as...
Musc Foundation for Research Development
Total revenues
$5,103,130
2024
Total expenses
$4,489,978
2024
Total assets
$4,740,841
2024
Num. employees
9
2024

Program areas at Zucker Institute for Innovation Commercialization

The Foundation manages and markets intellectual property emanating from Musc in order to expedite, for the public's benefit, the translation of ideas into procedures, devices, and products.
The Foundation is a 501(c)3 not-for-profit technology transfer office that acts as a point of contact for industry and entrepreneurs wishing to commercialize intellectual property from the Medical University of South Carolina (MUSC).
The Foundation assists Musc in accomplishing its educational and public service missions by supporting continuing medical education and other opportunities for Musc faculty, residents, and medical students. Other regional, national and international attendees and faculty contribute to the exchange of information and ideas.

Who funds Zucker Institute for Innovation Commercialization

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
BlueCross BlueShield of South Carolina FoundationAccess To Care$830,131
BlueCross BlueShield of South Carolina FoundationInvesting in South Carolina Children$590,736
Beemok Family FoundationHollings Cancer Center$534,379
...and 32 more grants received totalling $3,218,968

Personnel at Zucker Institute for Innovation Commercialization

NameTitleCompensation
Todd HeadleyChief Executive Officer$276,435
Nathan Dolloff, PhdctoChief Technology Officer
Joe FioreVice President of Operations and Business Development$160,055
Joe RuscitoVice President of Medical$195,694
Paul AsperSenior Vice President , Commercialization and Opera$119,162
...and 6 more key personnel

Financials for Zucker Institute for Innovation Commercialization

RevenuesFYE 06/2024
Total grants, contributions, etc.$0
Program services$4,604,458
Investment income and dividends$94,931
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$403,741
Total revenues$5,103,130

Form 990s for Zucker Institute for Innovation Commercialization

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-14990View PDF
2023-062024-05-13990View PDF
2022-062023-03-15990View PDF
2021-062022-04-07990View PDF
2021-062022-03-11990View PDF
...and 11 more Form 990s

Organizations like Zucker Institute for Innovation Commercialization

OrganizationLocationRevenue
Anesthesia Quality Institute (AQI)Schaumburg, IL$2,413,428
BrciBedford, MA$1,409,354
K-State Innovation PartnersManhattan, KS$8,764,418
Baruch S. Blumberg InstituteDoylestown, PA$12,785,028
LENA FoundationLouisville, CO$13,123,770
Ndri USANew York, NY$3,093,762
Denver Research InstituteDenver, CO$4,969,818
Texas Health Research & Education InstituteArlington, TX$3,482,536
AllianceChicagoChicago, IL$8,496,884
Health Effects Institute (HEI)Boston, MA$14,983,818
Data update history
March 27, 2025
Received grants
Identified 10 new grant, including a grant for $534,379 from Beemok Family Foundation
January 8, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 5, 2025
Updated personnel
Identified 4 new personnel
January 3, 2025
Used new vendors
Identified 1 new vendor, including
November 26, 2024
Received grants
Identified 5 new grant, including a grant for $250,000 from Dominion Energy Charitable Foundation
Nonprofit Types
School foundationsGrantmaking organizationsCorporate foundationsResearch centersHeadquarter / parent organizationsCharities
Issues
Science and technologyHealthEducation
Characteristics
Funds one specific organizationConducts researchTax deductible donationsAccepts online donations
General information
Address
135 Cannon St MSC 828 No 101l
Charleston, SC 29425
Metro area
Charleston-North Charleston, SC
County
Charleston County, SC
Website URL
zuckerinnovation.org/ 
Phone
(843) 876-1900
IRS details
EIN
57-1031624
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Central organization
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