Public Charity

Deutsche Bank Microcredit Development Fund Inc

Deutsche Bank Microcredit Development Fund Inc is a private foundation categorized as Public Charity based in New York, NY. Its most recent IRS filing (2019) reports revenue of $13K, expenses of $412K, total assets of $3.7M. Imperigo tracks 4 reported grants from this foundation totaling approximately $200K.

EIN: 133957277 New York, NY General Support NTEE: DEFAULT Latest filing: 2019
Total Revenue$13K
Total Expenses$412K
Total Assets$3.7M
Grants Given4
Grant Total$200K
Filing Years2017–2019

Mission

THE DEUTSCHE BANK MICROCREDIT DEVELOPMENT FUND, INC. WAS CREATED TO SUPPORT THE GROWTH, EFFECTIVENESS, AND SUSTAINABILITY OF MICROCREDIT PROGRAMS THAT SERVE THE POOR WITH ACCESS TO CREDIT FOR SELF-EMPLOYMENT.

Officers & Directors

Director Alex Counts
Director Asad Mahmood
Director Ben Midberry
Director Caroline Vance
President Gary S Hattem
Director Maureen D Donovan

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$200,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2019 $13K $412K $3.7M
2018 $77K $64K $4.1M
2017 $187K $50K $4.6M

Between 2017 and 2019, reported annual revenue declined from $187K to $13K (-93%), with total assets most recently reported at $3.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, DC, MD.

CADCMD

Full geographic grant map with state-by-state breakdown available with membership.

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