North Carolina · Nonprofit
MDC INC
MDC INC (North Carolina) receives grants from 22 organizations whose IRS filings report $9,775,587 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($7,000,000). 10 of them have funded it in more than one year, and 90% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $9.9M
- Funders on record
- 22
- Grants received
- $9.8M
- Net assets
- $14M
What Mdc Inc does
Mission
Mdc is a catalyst for equitable change in the south. We strengthen capacity, foster collaboration, and build influence to challenge systemic inequities and create communities where all people thrive. For more than five decades, mdc has advanced equity and equipped southern communities to address longstanding systemic challenges in education, employment, health, and wealth. We pursue this mission through three core areas of work that together accelerate systems change:research and analysismdc conducts rigorous research and analysis to understand the forces shaping opportunity and inequality across the south. We gather and interpret economic, demographic, and social data to tell the story of where the region stands and how it can move forward. Our landmark state of the south reports and related analyses provide the foundation for our work and guide strategies to achieve inclusive and equitable progress.continued on last page of sch o.
As stated on its FY2025 Form 990.
Programs
Educational equity: mdc works to improve early care and education systems in the south. We work with organizations, caregivers, educators, and community partners to identify and overcome barriers that affect young people and their families.great expectations: mdc serves as the activating agency for the kate b. Reynolds charitable trust's great expectations early childhood initiative in forsyth county. Over the past year, mdc provided more than 900 hours of direct support to over 20 grantees focused on early intervention and health, access to quality child care and early learning, and family economic support. Support included facilitation, coaching, conflict navigation, grant research, and strategic development, all with a commitment to fostering local ownership. Recent achievements include strengthening collarboation and communication among partners, developing grantees' systems thinking, and simplifying processes for accessing and sharing resources.home-based child care (hbcc): a vital and valued part of the north carolina early childhood system through two interconnected systems change initiatives: a community of practice of hbcc networks and a leadership development program of…
$1,878,619 spentof which $428,847 as grants$3,115,125 earned by the program31% of program spendingOur economic security & mobility (esm) team designs programs and advocates for policies that keep money in the hands of workers and families in southern communities who spend their dollars on housing, groceries, childcare, and small businesses. In short, investing in people means investing in community strength. We partner with communities and organizations to address the root causes of economic insecurity by connecting policy to people's daily lives. Through coalition-building, narrative change, and systems design rooted in lived experience, we push for policies that reward labor fairly, create a just tax system, reduce student debt, and ensure that economic benefits flow back to those doing the work that builds community.north carolina tax coalition: mdc convenes the nc tax coalition to advocate for an equitable tax system. The north carolina tax credit coalition made significant strides toward becoming a respected leader in our state's tax landscape in 2025. We developed a comprehensive action plan to guide program innovation and policy initiatives and established three dynamic work groups focused on free tax preparation, tax advocacy, and coalition building. Mdc recently…
$239,553 spent$138,254 earned by the program4% of program spendingRural prosperity and investment: mdc amplifies the voice, capacity, and power of rural communities while strengthening and networking the rural infrastructure.rural forward: created in 2014 to support the nonprofit, clinical, and human service sectors within the kate b. Reynolds charitable trust's healthy places nc (hpnc) initiative, rural forward continues to support hpnc counties, and expanded our services across north carolina, the us south, and at the national level. No matter scope, we are focused on supporting individual leaders, organizations, and coalitions with the capacity building, strategic planning, coaching, facilitation, and resource development tools they need to: strengthen their skills as individual leaders to vision and manage effectively; build the capacity and sustainability of their organizations to fulfill their missions and improve their communities; and network efforts within and beyond the county that promote the long-term health of rural nc.north carolina 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…
$2,104,552 spentof which $438,361 as grants$866,676 earned by the program35% of program spendingEquity-centered leadership and philanthropy (eclp) promotes practices, principles and experiences that infuse equity across a spectrum of individuals, leaders and sectors to reach their strongest impact for systematically marginalized communities in the u.s. South and beyond.race matters institute: a well-recognized, innovative approach to advancing racial equity with solid data, comprehensive tool-based strategies, and knowledge of local and national settings. Rmi trainings and facilitations are designed to advance concrete actions in both operations and programming that strengthen an organization's mission-performance. Our goal with all our clients is to increase their mission-driven results through embedding racial equity as a component of mission performance. We are especially known for our ability to customize race-informed strategies to an organization's specific mission, aspirations, and everyday work, and for our capacity to help clients move from aspiration to conceptualization and then to action. This includes operations, programs, and organizational culture. State of the south: a convening platform that builds networks for advocacy, systemic change, and equity across…
$1,816,991 spentof which $808,791 as grants$36,000 earned by the program30% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,039,715.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $4.4M to $15M (+246%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 3% · 2018 3% · 2019 0% · 2021 7% · 2022 2%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Kweku Forstall
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 6 funders to 7 funders, grant income rose $299k → $343k.
12 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 90% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MDC INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MDC INC leans on a few funders — its largest provides 72% of grant income and the top three 84%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MDC INC.
Largest funder’s share by year: 2017 51% · 2018 44% · 2019 46% · 2020 71% · 2021 87% · 2022 98% · 2023 36% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
20% of MDC INC's funders are still giving 3 years after their first grant; 45% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
90% of MDC INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.0M that is directly attributable, 78% of it comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $8.8M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like MDC INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
74% of spending goes to programs.
Governance
Public support
57%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Screen this organization
A dated, signed PDF of the compliance screen for MDC INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MDC INC?
- MDC INC (North Carolina) receives grants from 22 organizations whose IRS filings report $9,775,587 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($7,000,000). 10 of them have funded it in more than one year, and 90% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does MDC INC have?
- IRS filings report 22 organizations giving $9,775,587 in grants to MDC INC, 10 of which have funded it in more than one year.
- Who is the largest funder of MDC INC?
- NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $7,000,000 in grants. The full list of funders is on this page.
- How can an organization like MDC INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 22 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing