EIN 13-4052259

Media Development Investment Fund (MDIF)

IRS 501(c) type
Num. employees
Year formed
Most recent tax filings
Media Development Investment Fund (MDIF) provides affordable financing and technical assistance to independent news and information businesses in challenging environments, helping them to become financially sustainable.
Total revenues
Total expenses
Total assets
Num. employees

Program areas at MDIF

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.
The 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.
In 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.
Media advisory and event.

Who funds Media Development Investment Fund (MDIF)

Grants from foundations and other nonprofits
The Lenfest Institute for Journalism Special Asset Fund of TPF(L) = $58,823.00$58,823

Personnel at MDIF

Harlan MandelChief Executive Officer$270,816
Marie NemcovaChief Operating Officer$127,000
Jim EganChief Investment Officer / Board Member
Teling PetersonChief Financial Officer$182,317
Patrice SchneiderChief Strategy Officer$159,978
...and 18 more key personnel

Financials for MDIF

RevenuesFYE 12/2021
Total grants, contributions, etc.$7,194,961
Program services$1,850,748
Investment income and dividends$82,398
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-17,684
Total revenues$9,110,423

Form 990s for MDIF

Fiscal year endingDate received by IRSFormPDF link
2020-122021-11-01990View PDF
2019-122021-04-05990View PDF
2018-122020-02-07990View PDF
2017-122019-02-21990View PDF
2016-122018-01-18990View PDF
...and 7 more Form 990s

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Data update history
August 9, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 2, 2022
Received grants
Identified 1 new grant, including a grant for $1,000 from The Harold and Marilyn Melcher Foundation
July 26, 2022
Updated personnel
Identified 1 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 23, 2021
Updated personnel
Identified 7 new personnel
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Human servicesForeign affairsInternational developmentCrime and lawPublic policyLegal servicesEconomic developmentBusiness and industry
Operates internationallyTax deductible donations
General information
37 W 20th St Suite 804
New York, NY 10011
Metro area
New York-Newark-Jersey City, NY-NJ-PA
New York County, NY
Website URL
(212) 807-1304
Facebook page
Twitter profile
IRS details
Fiscal year end
Taxreturn type
Form 990
Year formed
Eligible to receive tax-deductible contributions (Pub 78)
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
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