From public IRS filings
MDC INC
DURHAM, NC
Mission
MDC ENVISIONS A SOUTH WHERE SYSTEMIC INEQUITIES NO LONGER EXIST AND ALL PEOPLE THRIVE. MDC CATALYZES AND ACCELERATES ECONOMIC MOBILITY ACROSS THE SOUTH BY ACTIVATING CHANGEMAKERS, STRENGTHENING CAPACITY, FRAMING KEY ISSUES, AND CULTIVATING NETWORKS CENTERING EQUITY THROUGH IT ALL.
Financials (IRS Form 990)
Total revenue
$3.3M
Total expenses
$8M
Total assets
$13M
Program expense ratio
80%
Source: IRS Form 990, tax year 2023.
Who funds MDC INC
$18.5M in foundation grants on record from 28 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| National Philanthropic Trust | $7M | 1 |
| Bill & Melinda Gates Foundation | $3.9M | 3 |
| Kresge Foundation | $2.2M | 5 |
| Duke Endowment | $1.7M | 8 |
| Z Smith Reynolds Foundation | $1M | 7 |
| Annie E Casey Foundation | $593K | 13 |
| Windward Fund | $500K | 1 |
| Target Foundation | $250K | 1 |
| Robert Wood Johnson Foundation | $249K | 1 |
| Rural Economic Development Center | $218K | 1 |
Leadership
JOHN L S SIMPKINS — PRESIDENT (Principal officer)
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