Public Charity

EMERGING MARKETS DEVELOPMENT CORPORATION

EMERGING MARKETS DEVELOPMENT CORPORATION is a Public Charity headquartered in Palm Desert, CA. Financial data from the 2025 filing: $235K revenue, $704K expenses, $398K total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $50K.

EIN: 270574694 Palm Desert, CA Management & Technical Assistance NTEE: S02 Latest filing: 2025
Total Revenue$235K
Total Expenses$704K
Total Assets$398K
Grants Given1
Grant Total$50K
Filing Years2021–2025

Mission

Research and publish data on under-invested communities as opportunities for place-based initiatives. Facilitate private sector investment in underserved communities. Assists community organizations to partner with each other and the private sector for community development activities. Advance notions of place-based community economic development.

Sample Grants Given

CHICAGO, IL · 2025
Community Neighborhood Assistance
$50,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

FORMER Daniel Tellalian
CEO Elwood Hopkins
DIRECTOR Jan Mcelwee
DIRECTOR Raul P Lomeli-Azoubel
DIRECTOR Thomas Tseng
DIRECTOR Trooper Sanders

Officer compensation and complete director data available with membership.

Top Grant Purposes

Community Neighborhood Assistance
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $235K $704K $398K
2024 $731K $638K $867K
2023 $1.2M $420K $773K
2022 $229K $28K
2021 $100K $112K $257K

Between 2021 and 2025, reported annual revenue grew from $100K to $235K (+135%), with total assets most recently reported at $398K.

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

Grant Geography

Grants from this foundation were reported to recipients in IL.

IL

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

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