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Media Development Investment Fund
Media Development Investment Fund reported $14.7 million in revenue and $13.9 million in expenses for calendar year 2024. Of every $100 it spent, $83.49 went to program services, $14.73 to management and general costs and $1.78 to fundraising. Its largest source of revenue was contributions and grants: 78.3% of the total. The highest compensation it reported for one person was $411,995 (CHIEF EXECUTIVE OFFICER). 19 people received more than $100,000 in reportable compensation. Revenue rose 109% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $14MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.5% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.7% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.8% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 78.3% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 15.5% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $411,995 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.97% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 19 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 29.6 | 56.6 |
| Independent voting board members Part VI 1a–1b | 7 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseMdif 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
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
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Director/trustee, officer, 40.00 hrs/week | $319,448 | $0 | $92,547 | $411,995 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $246,419 | $0 | $37,501 | $283,920 |
| SECRETARY/GENERAL COUNSEL Officer, 40.00 hrs/week | $201,637 | $0 | $54,988 | $256,625 |
| CHIEF STRATEGY OFFICER Highest compensated employee, 40.00 hrs/week | $215,296 | $0 | $0 | $215,296 |
| CHIEF INVESTMENT OFFICER Key employee, 40.00 hrs/week | $192,317 | $0 | $5,481 | $197,798 |
| CHIEF OF STAFF Highest compensated employee, 40.00 hrs/week | $131,893 | $0 | $49,919 | $181,812 |
| SENIOR ADVISOR TO CEO (OUTGOING) Highest compensated employee, 40.00 hrs/week | $176,000 | $0 | $0 | $176,000 |
| INVESTMENT DIRECTOR OF EUROPE Highest compensated employee, 40.00 hrs/week | $160,074 | $0 | $0 | $160,074 |
19 people received more than $100,000 in reportable compensation from Media Development Investment Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 510
- Volunteers Part I, line 67
Private foundation grants it received
7 private foundations reported grants to Media Development Investment Fund totaling $8.0M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Media Development Investment Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Media Development Investment Fund, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Media Development Investment Fund spent in 2024, $83.49 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Media Development Investment Fund's spending goes to programs?
In calendar year 2024, Media Development Investment Fund reported that 83.5% of its $13.9 million in expenses went to program services, 14.7% to management and general and 1.8% to fundraising (Form 990, Part IX).
How much does Media Development Investment Fund pay its top executive?
The largest total compensation Media Development Investment Fund reported for one person in calendar year 2024 was $411,995, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Media Development Investment Fund get its money?
Of $14.7 million in revenue in calendar year 2024, 78.3% came from contributions and grants and 15.5% from program service revenue (Form 990, Part VIII).
Is Media Development Investment Fund a registered charity?
The IRS lists EIN 13-4052259 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543219349301234 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423209349304727 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313199349331226 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243209349301204 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133059349300638 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023189349311247 · read the filing
All filings for EIN 13-4052259: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.