New York · Nonprofit
MEDIA DEVELOPMENT INVESTMENT FUND INC
MEDIA DEVELOPMENT INVESTMENT FUND INC (New York) receives grants from 15 organizations whose IRS filings report $32,366,459 to it, the largest being OPEN SOCIETY INSTITUTE ($19,300,000). 9 of them have funded it in more than one year.
- Revenue FY2024
- $15M
- Funders on record
- 15
- Grants received
- $32M
- Net assets
- $34M
What Media Development Investment Fund Inc does
Mission
Mdif provides affordable financing and technical assistance to independent news and information organizations in challenging environments, helping them to become financially sustainable. See schedule o for continuation.
As stated on its FY2024 Form 990.
Programs
Mdif provides loan and equity financing by way of "program related investments" (pris) to further its charitable mission. Mdif maintains a segregated pool of funds from which it makes pris. Return of invested capital is recycled through the pool for reinvestment.with every pri, mdif provides customized training and technical assistance to media organizations at varying stages of the business life cycle. In addition, mdif trains media organizations in the use of digital and transformational technology for enhancing the sustainability of the media organization.see schedule o for continuation.
$8,520,691 spentof which $2,183,803 as grants$2,437,138 earned by the program74% of program spendingThe myanmar media program ("sida myanmar") provides a range of highly tailored media business-oriented technical assistance to myanmar's independent media companies, including one-to-one expert consulting, group workshops, peer-to-peer knowledge sharing and direct grants for building management capacity.
$949,589 spentof which $568,061 as grants8% of program spendingIn its global program, supported by sida, ("sida global") mdif utilizes its financing and capacity building expertise to identify, develop, and transform media companies in need, globally, combined with sida's support, to provide loan and early stage equity financing, and technical assistance, particularly in building digital capacity and strengthening media business development.
$816,621 spentof which $40,203 as grants7% of program spendingAdvisory programs.
$1,303,068 spentof which $356,928 as grants11% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $11,589,969.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
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 $33M to $52M (+57%).
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.
78% of MEDIA DEVELOPMENT INVESTMENT FUND INC’s revenue is contributions — about as donation-reliant as the typical peer (80% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 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.
Chief executive
Harlan Mandel
Chief executive officer
Board chair
Sheila Coronel
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 9 funders, grant income rose $100k → $9.3M.
4 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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 MEDIA DEVELOPMENT INVESTMENT FUND 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
MEDIA DEVELOPMENT INVESTMENT FUND INC leans on a few funders — its largest provides 60% of grant income and the top three 83%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2020 69% · 2021 84% · 2022 64% · 2023 54% — 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
40% of MEDIA DEVELOPMENT INVESTMENT FUND INC's funders are still giving 3 years after their first grant; 60% 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
75% of MEDIA DEVELOPMENT INVESTMENT FUND INC's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 4 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.
Against its field
MEDIA DEVELOPMENT INVESTMENT FUND INC is better cushioned than half of the 828 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024
Government funding MEDIA DEVELOPMENT INVESTMENT FUND INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.0M on record.
- Agency for International Development$5.0M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like MEDIA DEVELOPMENT INVESTMENT FUND 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 New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Public support
37%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 13 related entities
- Digital News Ventures LLC · disregarded
- Mdif Equities LLC · disregarded
- Mdif Media Finance I Bv · disregarded
- Mdif Media Holdings I LLC · disregarded
- Mdif Media Holdings II LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for MEDIA DEVELOPMENT INVESTMENT FUND 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 MEDIA DEVELOPMENT INVESTMENT FUND INC?
- MEDIA DEVELOPMENT INVESTMENT FUND INC (New York) receives grants from 15 organizations whose IRS filings report $32,366,459 to it, the largest being OPEN SOCIETY INSTITUTE ($19,300,000). 9 of them have funded it in more than one year.
- How many funders does MEDIA DEVELOPMENT INVESTMENT FUND INC have?
- IRS filings report 15 organizations giving $32,366,459 in grants to MEDIA DEVELOPMENT INVESTMENT FUND INC, 9 of which have funded it in more than one year.
- Who is the largest funder of MEDIA DEVELOPMENT INVESTMENT FUND INC?
- OPEN SOCIETY INSTITUTE is the largest funder on record, with $19,300,000 in grants. The full list of funders is on this page.
- How can an organization like MEDIA DEVELOPMENT INVESTMENT FUND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 FY2024 (financials across 2017–2024), and the filings of 15 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