MDC INC
AI Summary
MDC INC is a nonprofit organization dedicated to economic development, with a mission to eliminate systemic inequities and promote thriving communities across the South. With an operating budget of $6 million and total revenue of $3.3 million for the 2024 filing year, MDC INC relies on a diverse range of funding sources, with no single funder contributing 50% or more of its revenue. More information about their initiatives and impact can be found at www.mdcinc.org.
Mission Statement
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.
Cause Areas
1
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is MDC INC’s budget?
In 2024, MDC INC reported an annual operating budget of around $6 million. More detailed financial information is available to registered users.
What causes does MDC INC support?
MDC INC supports work in Economic development.
Where does MDC INC operate?
MDC INC is headquartered in DURHAM, NC.
Who funded MDC INC recently?
In 2025, MDC INC received grants from TARGET FOUNDATION, ARIZONA COMMUNITY FOUNDATION, and REIDSVILLE AREA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant MDC INC received in 2024?
The largest grant to MDC INC in 2024 exceeds $700 thousand.