Public Charity

MEDIA DEVELOPMENT INVESTMENT FUND INC

MEDIA DEVELOPMENT INVESTMENT FUND INC, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $14.7M in revenue, $13.9M in expenses, $53.8M in total assets. 6 publicly reported grants to this organization, totaling roughly $2.0M, appear in IRS filings.

EIN: 134052259 NEW YORK, NY Latest filing: 2024
Total Revenue$14.7M
Total Expenses$13.9M
Total Assets$53.8M
Grant Records6
Funding Total$2.0M
Filing Years2019–2024

Mission

MDIF PROVIDES AFFORDABLE FINANCING AND TECHNICAL ASSISTANCE TO INDEPENDENT NEWS AND INFORMATION ORGANIZATIONS IN CHALLENGING ENVIRONMENTS, HELPING THEM TO BECOME FINANCIALLY SUSTAINABLE. SEE SCHEDULE O FOR CONTINUATION.

Officers & Directors

VICE CHAIR Adriaan Stoop
PROGRAM DIRECTOR Bilal Randeree
DIRECTOR Catherine Gicheru
CHIEF FINANCIAL OFFICER Dan Margoshes
SECRETARY/GENERAL COUNSEL Elena Popovic
INVESTMENT DIRECTOR OF EUROPE Grzegorz Kossakowski

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL
$800,360 1 grant
Civil Participation
$500,000 1 grant
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$500,000 2 grants
CIVIL PARTICIPATION
$185,000 1 grant
SUPPORT JOURNALISM EFFORTS IN EASTERN EUROPE
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $14.7M $13.9M $53.8M
2023 $17.7M $14.9M $55.7M
2022 $26.2M $10.7M $52.1M
2020 $10.0M $11.5M $32.0M
2019 $7.0M $9.9M $34.0M

Between 2019 and 2024, reported annual revenue grew from $7.0M to $14.7M (+109%), with total assets most recently reported at $53.8M.

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

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