Mdc Inc

Organization Overview

Mdc Inc is located in Durham, NC. The organization was established in 1968. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Mdc Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mdc Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Mdc Inc generated $5.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $3.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Mdc Inc has awarded 27 individual grants totaling $1,286,551. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MDC PROJECTS OVER FIVE DECADES HAVE HELPED SOUTHERN LEADERS AND COMMUNITIES ADVANCE ECONOMIC MOBILITY FOR PEOPLE ON THE MARGINS THROUGH EDUCATION, EMPLOYMENT, ECONOMIC SECURITY, AND STRATEGIC PHILANTHROPY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION IS A FUNDAMENTAL BUILDING BLOCK FOR ECONOMIC MOBILITY. WE WORK WITH COMMUNITIES TO IDENTIFY AND OVERCOME BARRIERS TO EDUCATIONAL SUCCESS SO THAT MORE STUDENTS CAN GRADUATE FROM HIGH SCHOOL, EARN A POST SECONDARY CREDENTIAL VALUED IN THE MARKETPLACE AND ENTER A CAREER THAT PAYS A LIFE-SUSTAINING WAGE OR SALARY.GREAT EXPECTATIONS: MDC SERVES AS THE ACTIVATING AGENCY FOR THE KATE B. REYNOLDS CHARITABLE TRUST'S GREAT EXPECTATIONS EARLY CHILDHOOD INITIATIVE, A $40 MILLION, 15-YEAR INVESTMENT FOCUSED ON HELPING CHILDREN IN FORSYTH COUNTY, N.C. SUCCEED BY THE TIME THEY COMPLETE KINDERGARTEN.LEARNING FOR EQUITY (A NETWORK FOR SOLUTIONS): MDC IS PARTNERING WITH THE OAK FOUNDATION TO LEARN MORE ABOUT THE INTERSECTION OF RACE, EDUCATIONAL EQUITY, AND LEARNING DIFFERENCES BY BUILDING A LEARNING AND ACTION NETWORK ACROSS NORTH CAROLINA.MY FUTURE NC: MDC IS ADVISING AND SUPPORTING THE WORK OF MY FUTURE NC, A COMMISSION OF NORTH CAROLINA'S LEADERS TO IMPROVE POSTSECONDARY COMPLETION RATES IN THE STATE AND FIND WAYS TO HELP ADULTS WITH SOME COLLEGE BUT NO DEGREE CROSS THE POSTSECONDARY FINISH LINE.TRANSFERRING SUCCESS: REPORT BY MDC TO THE ECMC FOUNDATION WHICH EXAMINES TRANSFER PRACTICES AND EXPERIENCES AT FOUR SOUTHERN COMMUNITY COLLEGES, OBSERVING HOW INSTITUTIONAL PRACTICES, FEDERAL AND STATE POLICIES, AND STUDENT MINDSET AND BEHAVIOR AFFECT TRANSFER STUDENTS.


MDC DEVELOPS PROGRAMS THAT ENABLE FAMILIES AND COMMUNITIES TO WEATHER HARD TIMES AND SUSTAIN ECONOMIC PROGRESS. FOR INDIVIDUALS, THAT MEANS GAINING ACCESS TO THE WORK SUPPORTS THAT EMPOWER THEM TO RISE OUT OF POVERTY WITH RESOURCES TO FEED THEIR FAMILIES, GROW THEIR SAVINGS, AND STAY IN SCHOOL. FOR COMMUNITIES, IT MEANS BUILDING THE CAPACITY AND SUPPORTING FRONT-LINE, COMMUNITY-BASED ORGANIZATIONS WITH TOOLS AND STRATEGIES TO REACH PEOPLE WHO OTHERWISE MAY NOT TAKE ADVANTAGE OF FINANCIAL AND EDUCATIONAL SUPPORTS AVAILABLE TO THEM.SOUTHERN PARTNERSHIP TO REDUCE DEBT: MDC IS A NATIONAL PARTNER IN THIS INITIATIVE OF THE ANNIE E. CASEY FOUNDATION FOCUSED ON TACKLING CONSUMER DEBT ISSUES THAT PERPETUATE WEALTH AND INCOME INEQUALITY.INTEGRATED SERVICES DELIVERY AND SOCIAL DETERMINANTS OF HEALTH: RECOGNIZING THAT ECONOMIC INSECURITY IS A MAJOR BARRIER FOR FAMILIES TRYING TO MOVE UP THE ECONOMIC LADDER, MDC IS HELPING COMMUNITIES (SUCH AS GUILFORD COUNTY) DEVELOP NETWORKS OF NONPROFIT AND PUBLIC SOCIAL SERVICES PROVIDERS TO EMPOWER FAMILIES WITH INCREASED LEVELS OF EDUCATION, EMPLOYMENT, FAMILY-SUSTAINING INCOME AND FINANCIAL STABILITY--ALSO IMPROVING SOCIAL DETERMINANTS OF CHILDHOOD DEVELOPMENT AND HEALTH.OUR 50 YEARS OF WORK IN WORKFORCE DEVELOPMENT HAVE FOCUSED ON ONE IMPORTANT OUTCOME: DEVELOPING PATHWAYS THAT ALLOW PEOPLE OF ALL BACKGROUNDS TO CONNECT WITH JOBS THAT PAY FAMILY-SUPPORTING WAGES.WE WORK WITH LOCAL, STATE, REGIONAL, AND NATIONAL PARTNERS TO ENVISION, DEVELOP AND SCALE PROGRAMS THAT PREPARE YOUTH AND ADULTS, ALIGN COMMUNITY COLLEGE TRAINING WITH LOCAL EMPLOYMENT NEEDS, CREATE ASSISTANCE NETWORKS, AND SHAPE SUPPORTIVE PUBLIC POLICIES.NETWORK FOR SOUTHERN ECONOMIC MOBILITY: MDC PROVIDES COACHING, TECHNICAL ASSISTANCE AND FACILITATED PEER-LEARNING SERVICES FOR LEADERS FROM SEVEN SOUTHERN COMMUNITIES WHO ARE COMMITTED TO INCREASING UPWARD ECONOMIC MOBILITY FOR YOUTH AND YOUNG ADULTS IN THE LOWEST INCOME BRACKETS.


OUR STRATEGIC PHILANTHROPY PRACTICE HELPS FOUNDATIONS AND GRANT-MAKING ORGANIZATIONS DEVELOP THE FOCUS, STRATEGY, CAPACITY, AND CULTURE THE SOUTH REQUIRES TO REDUCE POVERTY BY ADVANCING EQUITY IN EDUCATION, COMMUNITY DEVELOPMENT, HEALTH, AND FAMILY ECONOMIC SECURITY.RURALEAD (STRENGTHENING LEADERSHIP TO TRANSFORM RURAL COMMUNITIES): FUNDED BY THE ROBERT WOOD JOHNSON FOUNDATION, RURALEAD IS DESIGNED TO HELP FUNDERS AND THE FIELD OF STAKEHOLDERS INTERESTED IN HELPING RURAL PLACES UNDERSTAND HOW TO BETTER SUPPORT RURAL LEADERSHIP. MDC SEEKS TO LEARN WHAT LEADERS ARE STRUGGLING WITH; WHAT THEY SEE AS NEEDS AND GAPS; AND WHAT THE ROLE OF NATIONAL PLAYERS AND FUNDERS COULD BE.PASSING GEAR PHILANTHROPY: WE'VE WORKED SINCE 2004 TO HELP FOUNDATIONS AND OTHER GRANT-MAKING ORGANIZATIONS DEPLOY PHILANTHROPIC CAPITAL TO ADDRESS SYSTEMIC BARRIERS AND CATALYZE SHARED WELLBEING BY ADVANCING EQUITY IN EDUCATION, COMMUNITY DEVELOPMENT, HEALTH, AND FAMILY ECONOMIC SECURITY. OUR 2007 THE STATE OF THE SOUTH REPORT, "PHILANTHROPY AS THE SOUTH'S "PASSING GEAR, AND ITS 2017 ITERATION, "PHILANTHROPY AS THE SOUTH'S PASSING GEAR: FULFILLING THE PROMISE," CALLS UPON THE REGION'S PHILANTHROPIC ORGANIZATIONS TO THINK MORE CREATIVELY AND ACT MORE BOLDLY TO HELP THE SOUTH ADDRESS ITS DUAL CHALLENGES OF EQUITY AND COMPETITIVENESS.PASSING GEAR PHILANTHROPY INSTITUTE: AFTER 15 YEARS EQUIPPING INDIVIDUAL FOUNDATIONS TO INCREASE THEIR IMPACT, MDC OFFERS ITS PROVEN APPROACH AND METHODOLOGY TO COHORTS OF SOUTHERN FOUNDATIONS THROUGH THE NEW PASSING GEAR PHILANTHROPY INSTITUTE. THE GOAL: CREATE A NETWORK OF AT LEAST 30 SOUTHERN GRANTMAKERS ACTIVELY EMPLOYING PASSING GEAR PRINCIPLES AND DEPLOYING PHILANTHROPIC CAPITAL TO ADDRESS SYSTEMIC BARRIERS AND CATALYZE SHARED WELL-BEING FOR ALL PEOPLE IN THE SOUTH.RURAL FORWARD (RFWD): RFWD SUPPORTS INDIVIDUAL LEADERS, THEIR ORGANIZATIONS, AND THE COUNTY COALITIONS THAT ARE ACTIVELY WORKING TO MAKE THEIR RURAL COUNTIES HEALTHIER AND MORE THRIVING. RFWD ENVISIONS HEALTHIER, MORE SUSTAINABLE RURAL COMMUNITIES WITH INCREASED CAPACITY TO SOLVE THEIR OWN HEALTH PROBLEMS. WITH AN OVERALL GOAL OF IMPROVING THE MAJOR HEALTH INDICATORS IN NORTH CAROLINA OVER THE NEXT TEN YEARS, RFWD CARRIES OUT ITS MISSION TO BUILD CAPACITY AND DEVELOP RESOURCES THAT AMPLIFY THE IMPACT OF RURAL LEADERS, ORGANIZATIONS, AND COALITIONS.NC INCLUSIVE DISASTER RECOVERY NETWORK (NCIDR): NCIDR IS A COLLABORATIVE OF PUBLIC, PRIVATE, NON-PROFIT, AND FAITH ORGANIZATIONS SEEKING AVENUES FOR COMMUNITY VOICE AND EQUITABLE ACCESS TO RESOURCES IN A DISASTER RECOVERY SYSTEM. WORKING WITH THE NETWORK IS A GREAT WAY FOR STATEWIDE ORGANIZATIONS TO BE GOOD ALLIES FOR COMMUNITY-BASED ORGANIZATIONS ENGAGED IN ON-THE-GROUND DISASTER RECOVERY. RURAL FORWARD, A PROGRAM OF MDC SERVES AS CONVENER FOR NCIDR.


OTHER PROGRAMS INCLUDE THE FOLLOWING: COMMUNICATIONS: STATE OF THE SOUTH REPORTS AND BLOGAUTRY FELLOWSHIP: MDC RECRUITS A TALENTED AND PASSIONATE RECENT COLLEGE GRADUATE EACH YEAR TO WORK ONE FULL YEAR AS A PAID STAFF MEMBER AT MDC. THE AUTRY FELLOW WORKS ON A RANGE OF PROJECTS ADDRESSING PRESSING ISSUES OF EQUITY IN THE SOUTH.DAN BROUN INTERNSHIP: EACH YEAR, MDC SELECTS ONE COLLEGE STUDENT FOR THE OPPORTUNITY TO CONTRIBUTE TO MDC'S MISSION AND AGENDA DURING SUMMER AND TO TAKE AWAY SKILLS AND INSIGHTS THAT WILL SHAPE THEIR PERSPECTIVE ON THE UNIQUE CHALLENGES AND OPPORTUNITIES FACING THE SOUTH.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
307 W Main Street Llc
Management Company
$270,525
Solutions For Progress
Consulting Services
$240,000
Pyramid Communications
Consulting Services
$159,378
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $364,305
All other contributions, gifts, grants, and similar amounts not included above$3,856,928
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,221,233
Total Program Service Revenue$860,459
Investment income $16,107
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $22,953
Net Gain/Loss on Asset Sales $76,179
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,223,210

Grants Awarded

Over the last fiscal year, Mdc Inc has awarded $392,551 in support to 9 organizations.

Grant RecipientAmount

NORTH CAROLINA STATE BOARD OF EDUCATION

PURPOSE: SUB-GRANTEE WILL EXPLORE WAYS TO ADVANCE RACIAL EQUITY FOR VULNERABLE AND MARGINALIZED YOUNG PEOPLE

$75,000

CENTER FOR RACIAL EQUITY IN EDUCATION

Org PageRecipient Profile

Charlotte, NC

PURPOSE: SUB-GRANTEE WILL EXPLORE WAYS TO ADVANCE RACIAL EQUITY FOR VULNERABLE AND MARGINALIZED YOUNG PEOPLE

$50,000

Durham, NC

PURPOSE: SUB-GRANTEE WILL EXPLORE WAYS TO ADVANCE RACIAL EQUITY FOR VULNERABLE AND MARGINALIZED YOUNG PEOPLE

$50,000

DISABILITY RIGHTS NORTH CAROLINA

Org PageRecipient Profile

Raleigh, NC

PURPOSE: SUB-GRANTEE WILL EXPLORE WAYS TO ADVANCE RACIAL EQUITY FOR VULNERABLE AND MARGINALIZED YOUNG PEOPLE

$45,000

EXCEPTIONAL CHILDREN'S ASSISTANCE CENTER

Org PageRecipient Profile

Davidson, NC

PURPOSE: SUB-GRANTEE WILL EXPLORE WAYS TO ADVANCE RACIAL EQUITY FOR VULNERABLE AND MARGINALIZED YOUNG PEOPLE

$42,883

Durham, NC

PURPOSE: SUB-GRANTEE WILL EXPLORE WAYS TO ADVANCE RACIAL EQUITY FOR VULNERABLE AND MARGINALIZED YOUNG PEOPLE

$40,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mdc Inc has recieved totaling $300,000.

Awarding OrganizationAmount
Anonymous Trust

Raleigh, NC

PURPOSE: MULTI-YEAR GRANT TO SUPPORT TWO FELLOWS PER YEAR IN EASTERN NC (UP TO 75,000 ANNUALLY YEARS 2023-2026)

$300,000
View Grant Recipient Profile

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