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Wisconsin · Public charity

Milwaukee Development Corporation

-instigate, implement, participate in and promote such activities as shall, in the judgment of mdc, tend to support the general community interest in a strong, vital, aesthetically exciting and economically viable greater milwaukee community.-develop for community consideration such studies, surveys and plans as may be necessary for…

$20M
Granted FY2023
1
Grants FY2023
1
Organizations funded FY2023
0%
First-time grantees FY2023
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Median grant, FY2023
$20,322,500
Largest grant, FY2023
$20,322,500
Organizations funded a year
1 to 1
FY2022 to FY2023
States reached, FY2023
1
Total assets, FY2023
$17M

How open it is to new grantees

In FY2023, 0% of the organizations Milwaukee Development Corporation funded were first-time grantees, receiving 0% of its grant dollars.

The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20231$20M0%
FY20221$18Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2022 to 2023.

Community Improvement$38M

Top grantees

Largest recipients by total granted, FY2022 to FY2023, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Milwaukee Economic Development Corporation$38,485,0152n/a

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About Milwaukee Development Corporation

How much does Milwaukee Development Corporation give?
Milwaukee Development Corporation reported 1 grants totaling $20,322,500 in its FY2023 IRS filing. It funded between 1 and 1 organizations a year over FY2022 to FY2023.
What does Milwaukee Development Corporation fund?
By grant dollars over FY2022 to FY2023, its largest causes are Community Improvement (100%).
Who are Milwaukee Development Corporation's largest grantees?
By total granted over FY2022 to FY2023: Milwaukee Economic Development Corporation ($38M).
Does Milwaukee Development Corporation fund new organizations?
In FY2023, 0% of the organizations it funded were first-time grantees.
Where is Milwaukee Development Corporation based?
Milwaukee Development Corporation is based in WI.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 1 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports no grant expense, so the figures above are from FY2023, the most recent year this funder made grants.

Source object · view filing

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