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The Mdc Foundation is a private corporation based in CHARLOTTESVILLE, VA. The foundation received its IRS ruling in 2013. The principal officer is % Silvercrest. It holds total assets of $4.7M. Annual income is reported at $699K. THE FOUNDATION WILL INVEST ITS ASSETS TO PRODUCE INVESTMENT RETURNS TO FUND ANNUAL DISTRIBUTIONS TO PRE- SELECTED 501(C)(3) CHARITIES. According to available records, The Mdc Foundation has made 78 grants totaling $841K, with a median grant of $5K. Annual giving has grown from $137K in 2020 to $258K in 2023. Grantmaking activity was highest in 2022 with $302K distributed across 30 grants. Individual grants have ranged from $500 to $150K, with an average award of $11K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in New York, Connecticut, Virginia, which account for 92% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
THE FOUNDATION WILL INVEST ITS ASSETS TO PRODUCE INVESTMENT RETURNS TO FUND ANNUAL DISTRIBUTIONS TO PRE- SELECTED 501(C)(3) CHARITIES
THE FOUNDATION WILL INVEST ITS ASSETS TO PRODUCE INVESTMENT RETURNS TO FUND ANNUAL DISTRIBUTIONS TO PRE- SELECTED 501(C)(3) CHARITIES. Based on available records, the foundation has funded 78 grants. Its grantmaking reaches organizations primarily in NY, CT, VA.
The Mdc Foundation has distributed a total of $841K across 78 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $500 to $150K.
The Mdc Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Mdc Foundation is headquartered in CHARLOTTESVILLE, VA. While based in VA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dupre Cochran | SECRETARY/VP | $0 | $0 | $0 |
| Lee S Cochran | DIRECTOR | $0 | $0 | $0 |
| E Peyton Cochran | DIRECTOR | $0 | $0 | $0 |
Total Giving
$276K
Total Assets
$4.4M
Fair Market Value
$4.4M
Net Worth
$4.3M
Grants Paid
$258K
Contributions
$0
Net Investment Income
$170K
Distribution Amount
$208K
Total: $4.3M
Total Grants
78
Total Giving
$841K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
20
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harlem AcademyGENERAL | New York, NY | $5K | 2023 |
| Mt Sinai HospitalGENERAL | New York, NY | $150K | 2023 |
| Jefferson Scholars FoundationGENERAL | Charlottesville, VA | $20K | 2023 |
| St Mark'S Episcopal ChurchGENERAL | New Canaan, CT | $20K | 2023 |
| Rising Starr Horse RescueGENERAL | Wilton, CT | $12K |
Other foundations that have funded The Mdc Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| The Fine & Greenwald Foundation | $10K | 2021 | CHILDREN & EDUCATION |
DALTON, GA
ROSWELL, NM
CHICAGO, IL
BROOKLYN, NY
LOS ANGELES, CA
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2023 |
| Horizons NationalGENERAL | Westport, CT | $10K | 2023 |
| American Women ArtistsGENERAL | Chesterfield, MO | $7K | 2023 |
| College Of Charleston FoundationGENERAL | Charleston, SC | $6K | 2023 |
| Bottom LineGENERAL | Brooklyn, NY | $5K | 2023 |
| Hospital For Special SurgeryGENERAL | New York, NY | $5K | 2023 |
| Central Park ConservancyGENERAL | New York, NY | $5K | 2023 |
| Future 5GENERAL | Stamford, CT | $5K | 2023 |
| Muddy Paws RescueGENERAL | New York, NY | $5K | 2023 |
| Staunton Augusta Art CenterGENERAL | Staunton, VA | $2K | 2023 |
| AmericaresGENERAL | Stamford, CT | $1K | 2023 |
| American Folk Art MuseumGENERAL | New York, NY | $500 | 2023 |
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