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
8018%
Source: IRS Form 990, tax year 2023.
Who funds MDC INC
$6.1M in foundation grants on record from 12 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| National Philanthropic Trust | $7M | 1 |
| Windward Fund | $500K | 1 |
| United Way of the Greater Triangle | $209K | 4 |
| North Carolina Community Foundation | $125K | 1 |
| Sisters of Charity Foundation of South Carolina | $102K | 3 |
| Hollingsworth Funds | $100K | 1 |
| Arizona Community Foundation | $50K | 1 |
| Nc Budget & Tax Center | $25K | 1 |
| Aspen Institute | $11K | 2 |
| Fidelity Investments Charitable Gift Fund | $10K | 2 |
Leadership
JOHN L S SIMPKINS — PRESIDENT (Principal officer)
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