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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. Total assets have grown from $3.2M in 2013 to $4.4M in 2023. The foundation is governed by 3 officers and trustees. The foundation will invest its assets to produce investment returns to fund annual distributions to pre- selected 501(c)(3) charities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York, Connecticut and Virginia. 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.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$10K
Largest Grant
$50K
Based on 15 grants from the most recent 990-PF filing.
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 | N/A |
| Lee S Cochran | DIRECTOR | $0 | $0 | N/A |
| E Peyton Cochran | DIRECTOR | $0 | $0 | N/A |
Total Giving
$276K
Total Assets
$4.4M
Fair Market Value
$4.4M
Net Worth
$4.3M
Grants Paid
$258K
Contributions
N/A
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 |
| St Mark'S Episcopal ChurchGENERAL | New Canaan, CT | $20K | 2023 |
| Jefferson Scholars FoundationGENERAL | Charlottesville, VA | $20K | 2023 |
| Rising Starr Horse RescueGENERAL | Wilton, CT | $12K | 2023 |
| Horizons NationalGENERAL | Westport, CT | $10K | 2023 |
| American Women ArtistsGENERAL | Chesterfield, MO | $7K | 2023 |
| College Of Charleston FoundationGENERAL | Charleston, SC | $6K | 2023 |
| Muddy Paws RescueGENERAL | New York, NY | $5K | 2023 |
| Central Park ConservancyGENERAL | New York, NY | $5K | 2023 |
| Hospital For Special SurgeryGENERAL | New York, NY | $5K | 2023 |
| Future 5GENERAL | Stamford, CT | $5K | 2023 |
| Bottom LineGENERAL | Brooklyn, 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 |