Form990
Click to see attachment
Click to see attachment
Click to see attachment
Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter social security numbers on this form as it may be made public.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
A For the 2021 calendar year, or tax year beginning 01-01-2021 , and ending 12-31-2021
BCheck if applicable:
CName of organization
MDRC
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
200 VESEY STREET 23RD FLOOR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY102812103
D Employer identification number

23-7379473
E Telephone number

G Gross receipts $ 113,396,410
F Name and address of principal officer:
VIRGINIA KNOX PRESIDENT
200 VESEY STREET 23RD FLOOR
NEW YORK,NY102812103
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.MDRC.ORG
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions.
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1974
M State of legal domicile: DE
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: MDRC IS DEDICATED TO IMPROVING THE WELL-BEING OF LOW-INCOME PEOPLE. (SEE SCHEDULE O) THROUGH OUR RESEARCH, WE SEEK TO ENHANCE THE EFFECTIVENESS OF SOCIAL POLICIES & PROGRAMS THAT AFFECT THE POOR.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 14
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 14
5 Total number of individuals employed in calendar year 2021 (Part V, line 2a) ...... 5 334
6 Total number of volunteers (estimate if necessary) ............. 6 15
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 0
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 62,468,182 89,213,706
9 Program service revenue (Part VIII, line 2g) ......... 1,312,280 1,435,053
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 1,799,274 2,487,809
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 0 0
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 65,579,736 93,136,568
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 3,925,358 2,958,012
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 36,553,739 37,479,943
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet7,941    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 25,547,195 34,654,322
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 66,026,292 75,092,277
19 Revenue less expenses. Subtract line 18 from line 12....... -446,556 18,044,291
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 118,549,591 143,919,606
21 Total liabilities (Part X, line 26)............. 33,778,745 37,637,344
22 Net assets or fund balances. Subtract line 21 from line 20..... 84,770,846 106,282,262
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2021)
Form 990 (2021)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: SEE SCHEDULE O
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 16,783,264 including grants of $ 0 ) (Revenue $ 657,814 )
FAMILY WELL-BEING AND CHILD DEVELOPMENTFOR MORE THAN TWO DECADES, MDRC HAS BEEN A LEADER IN AN EXPANDING FIELD OF RESEARCH THAT EXAMINES HOW CHILDREN ARE AFFECTED BY WELFARE REFORM AND OTHER SOCIAL POLICIES THAT ARE PRIMARILY DESIGNED TO AFFECT THE EMPLOYMENT AND INCOME STATUS OF THEIR PARENTS. MDRC IS STUDYING SEVERAL INITIATIVES THAT SEEK TO BENEFIT CHILDREN BY BUILDING HEALTHIER FAMILY RELATIONSHIPS, INCLUDING FEDERAL RESPONSIBLE FATHERHOOD PROGRAMS. MDRC IS THE LEAD EVALUATOR OF THE FEDERAL GOVERNMENT'S $1.5 BILLION INVESTMENT IN HOME VISITING PROGRAMS, WHICH PROVIDE PREVENTIVE SERVICES TO FAMILIES WITH YOUNG CHILDREN TO PREVENT CHILD MALTREATMENT, IMPROVE MATERNAL AND CHILD HEALTH OUTCOMES, AND INCREASE SCHOOL READINESS. (SEE SCHEDULE O)OUR CHILD CARE AND EARLY EDUCATION STUDIES AIM TO DEEPEN POLICYMAKERS' UNDERSTANDING OF THE EFFECTS OF EARLY CARE ENVIRONMENTS, INCLUDING HEAD START. WE HAVE BEEN A LEADER IN DEVELOPING AND TESTING PROGRAMS THAT BOLSTER THE EMOTIONAL AND BEHAVIORAL DEVELOPMENT OF PRESCHOOLERS AND THE MATH SKILLS OF PRESCHOOL CHILDREN AND KINDERGARTNERS. WE'RE LEADING THE EXPANDING CHILDREN'S EARLY LEARNING (EXCEL) NETWORK, A COLLABORATION OF LOCAL OFFICIALS, PRESCHOOL PROVIDERS, AND RESEARCHERS AS ACTIVE PARTICIPANTS IN INNOVATION AND EVIDENCE-BUILDING.
4b (Code:   ) (Expenses $ 13,466,286 including grants of $ 238,665 ) (Revenue $ 549,297 )
YOUTH DEVELOPMENT, CRIMINAL JUSTICE, AND EMPLOYMENTMDRC WAS ORIGINALLY ESTABLISHED TO STUDY PROGRAMS FOR AMERICANS WHO FACE SERIOUS OBSTACLES TO FINDING AND KEEPING STEADY WORK. OUR VERY FIRST PROJECT, THE NATIONAL SUPPORTED WORK DEMONSTRATION, TESTED THE IMPACT OF PAID WORK EXPERIENCE FOR LONG-TERM WELFARE RECIPIENTS, EX-OFFENDERS, HIGH SCHOOL DROPOUTS, AND SUBSTANCE ABUSERS, AND IT IS STILL REGARDED AS ONE OF THE MOST COMPREHENSIVE SOURCES OF EVIDENCE ON EMPLOYMENT PROGRAMS TARGETED TO THESE GROUPS.(SEE SCHEDULE O)TODAY WE ARE TESTING TAILORED INTERVENTIONS FOR YOUNG PEOPLE DISCONNECTED FROM THE WORLDS OF SCHOOL AND WORK, YOUNG PEOPLE AND ADULTS AT RISK OF ENTERING THE CRIMINAL JUSTICE SYSTEM, EX-PRISONERS REENTERING THEIR COMMUNITIES, AND PEOPLE WITH WORK-LIMITING DISABILITIES. THE FINDINGS OF OUR NEW STUDIES AS THEY EMERGE ARE INTENDED TO EXPAND IMPLEMENTATION OF EFFECTIVE PROGRAMS IN THE DIFFERENT PUBLIC ASSISTANCE, ENFORCEMENT, AND SERVICE DELIVERY SYSTEMS THAT INTERACT WITH INDIVIDUALS WHO FACE SPECIAL CHALLENGES IN THE LABOR MARKET.
4c (Code:   ) (Expenses $ 9,518,011 including grants of $ 2,419,629 ) (Revenue $ 28,882 )
ECONOMIC MOBILITY, HOUSING, AND COMMUNITIESAS AN INVESTIGATOR OF POLICIES TO IMPROVE THE LIVES OF FAMILIES RECEIVING WELFARE BENEFITS, MDRC HAS BROUGHT ITS PROGRAM DEVELOPMENT SKILLS AND REPUTATION FOR METHODOLOGICAL RIGOR TO THE CHALLENGE OF LEARNING HOW BEST TO IMPROVE THE ECONOMIC HEALTH OF WORKERS AND COMMUNITIES. THE CONCENTRATION OF POVERTY AND AN ASSOCIATED LACK OF ACCESS TO GOOD JOBS, AFFORDABLE HOUSING, QUALITY GOODS AND SERVICES, AND ECONOMIC AND POLITICAL RESOURCES PRESENTS SPECIAL CHALLENGES FOR IMPROVING THE PROSPECTS OF RESIDENTS OF NEIGHBORHOODS WITH HIGH POVERTY RATES. MDRC HAS EVALUATED A NUMBER OF "PLACE-BASED" PROJECTS THAT ADDRESSED URBAN POVERTY AND JOBLESSNESS. (SEE SCHEDULE O)WE ARE ALSO EVALUATING A NUMBER OF REFORMS IN PUBLIC HOUSING AUTHORITIES AND HOUSING CHOICE VOUCHER PROGRAM, HELPING TO IMPROVE THE NATION'S PRINCIPAL HOUSING ASSISTANCE PROGRAMS.
(Code:   ) (Expenses $ 20,896,952 including grants of $ 299,718 ) (Revenue $ 2,512,585 )
K-12 EDUCATIONFOR 25 YEARS, MDRC HAS BEEN LEARNING WHAT MAY BE MOST EFFECTIVE TO RAISE THE ACADEMIC ACHIEVEMENT OF YOUNG PEOPLE WHO ARE AT RISK OF FAILING. WE COLLABORATE WITH PUBLIC SCHOOL SYSTEMS, CHARTER ORGANIZATIONS, AND NATIONAL NONPROFITS TO EVALUATE THEIR PROGRAMS AND TO USE THAT INFORMATION TO HELP THEM DEVELOP EVIDENCE-BASED STRATEGIES FOR CONTINUOUS PROGRAM IMPROVEMENT.AT A TIME OF GROWING NATIONAL AND STATE INTEREST IN IMPROVING LOW-PERFORMING SCHOOLS AND BETTER PREPARING STUDENTS FOR COLLEGE AND WORK, OUR EVALUATIONS HAVE ESTABLISHED MDRC AS A RESPECTED VOICE IN EDUCATION RESEARCH AND POLICY AND AS A LEADER IN DESIGNING RIGOROUS EDUCATION EVALUATIONS. POSTSECONDARY EDUCATION POLICYMAKERS AND THE PHILANTHROPIC SECTOR HAVE FOCUSED NEW EFFORTS ON INCREASING STUDENT PERSISTENCE AND ACHIEVEMENT IN POSTSECONDARY EDUCATION. SINCE THE LAUNCH OF ITS OPENING DOORS DEMONSTRATION IN THE EARLY 2000S, MDRC HAS BEEN DIRECTLY INVOLVED IN DEVELOPING AND EVALUATING STRATEGIES TO HELP STUDENTS SUCCEED, PARTICULARLY STUDENTS AT COMMUNITY COLLEGES AND NONSELECTIVE FOUR-YEAR INSTITUTIONS. THROUGH OUR WORK, WE HAVE IDENTIFIED THE MOST EFFECTIVE PROGRAMS DEVELOPED BY OTHERS, HELPED REPLICATE THOSE PROGRAMS IN NEW CONTEXTS, AND ASSISTED COMMUNITIES AND INSTITUTIONS IN DEVELOPING NEW INTERVENTIONS BASED ON THE EVIDENCE DEVELOPED IN THE STUDIES AVAILABLE. ONE OF OUR CENTERPIECE PROJECTS, SUCCESS, FOCUSES ON HELPING STATES AND HIGHER EDUCATION INSTITUTIONS ADOPT AND SCALE THE MORE SUCCESSFUL INTERVENTIONS THAT HAVE BEEN DEVELOPED AND TESTED.CENTER FOR EFFECTIVE CAREER AND TECHNICAL EDUCATIONMOTIVATED BY A DESIRE TO ADDRESS BOTH EDUCATION AND WAGE DISPARITIES, POLICYMAKERS, EDUCATORS, EMPLOYERS, AND PHILANTHROPISTS HAVE INCREASINGLY BEGUN TO INVEST IN NEW MODELS OF CAREER AND TECHNICAL EDUCATION (CTE) THAT ARE BASED ON THE PREMISE THAT ALL STUDENTS NEED POSTSECONDARY CREDENTIALS TO ADAPT TO AN INCREASINGLY COMPLEX LABOR MARKET. NO LONGER SIMPLY A STAND-ALONE VOCATIONAL CLASS IN HIGH SCHOOL OR AN OCCUPATIONAL SKILLS COURSE AT A COMMUNITY COLLEGE, CTE NOW ENCOMPASSES A BROAD RANGE OF MULTI-FACETED MODELS INCLUDING CAREER PATHWAYS, APPRENTICESHIPS, SECTORAL TRAINING, AND EMPLOYER RELATIONSHIPS AND SERVES EVERYONE FROM SECONDARY AND COLLEGE STUDENTS TO AT-RISK YOUTH AND ADULT WORKERS. BUILDING ON MDRC'S 20-YEAR HISTORY OF STUDYING CTE PROGRAMS, THE CENTER INCUBATES NEW IDEAS, SYNTHESIZES FINDINGS AND LESSONS LEARNED, AND DISSEMINATES THIS KNOWLEDGE TO POLICYMAKERS, PRACTITIONERS, AND OTHER RESEARCHERS IN ORDER TO HELP ENSURE THAT EXPANSION OF CTE PROGRAMS IS INFORMED BY A GROWING EVIDENCE BASE. THE CENTER DRAWS ON KNOWLEDGE ACROSS EDUCATION AND TRAINING SYSTEMS AND USES A BROAD LENS TO DETECT CROSS-CUTTING ISSUES, DEVELOP A TARGETED RESEARCH AGENDA, AND SHARE FINDINGS. CENTER FOR CRIMINAL JUSTICE RESEARCHTHE CRIMINAL JUSTICE SYSTEM IS EMERGING FROM DECADES OF "GET TOUGH" POLICIES THAT QUADRUPLED THE RATE OF INCARCERATION NATIONALLY, TO THE POINT WHERE THE UNITED STATES, WITH LESS THAN 5 PERCENT OF THE WORLD'S POPULATION, NOW HOLDS MORE THAN 20 PERCENT OF THE WORLD'S PRISONERS. A GROWING NUMBER OF STATES AND LOCALITIES ARE REFORMING THEIR CRIMINAL JUSTICE SYSTEMS. THEY SEEK TO REDUCE INCARCERATION AND INCREASE FAIRNESS BY CHANGING THE WAY CASES ARE HANDLED FROM THE FRONT END OF THE SYSTEM (ARREST AND PRETRIAL) TO THE BACK END (INCARCERATION AND REENTRY). THE MDRC CENTER FOR CRIMINAL JUSTICE RESEARCH WORKS WITH NATIONAL AND LOCAL CRIMINAL JUSTICE AGENCIES, POLICYMAKERS, COURTS, AND COMMUNITY-BASED ORGANIZATIONS TO ANSWER PRESSING QUESTIONS AND IMPROVE BOTH THE EFFECTIVENESS OF THE CRIMINAL JUSTICE SYSTEM AND THE OUTCOMES OF INDIVIDUALS INVOLVED IN IT.CENTER FOR APPLIED BEHAVIORAL SCIENCE (CABS)TOO OFTEN, PROGRAMS AND POLICIES DO NOT CONSIDER THE WAY PEOPLE ACTUALLY THINK AND BEHAVE. IT IS OFTEN ASSUMED THAT THOSE MOST IN NEED WILL FIND A WAY TO OVERCOME OBSTACLES, BUT BEHAVIORAL SCIENCE DEMONSTRATES THAT EVEN SMALL HASSLES CREATE BARRIERS THAT PREVENT THOSE IN NEED OF SERVICES FROM RECEIVING THEM. APPLYING THESE INSIGHTS CAN IMPROVE THE WAY PROGRAMS ARE DESIGNED AND SERVICES ARE DELIVERED. CABS HAS COLLABORATED WITH MORE THAN 100 AGENCIES, EDUCATIONAL INSTITUTIONS, AND NONPROFITS IN 26 STATES TO DEVELOP AND TEST BEHAVIORAL INTERVENTIONS TO IMPROVE OUTCOMES FOR CLIENTS AND STUDENTS.CABS COMBINES MDRC'S EXPERTISE IN SOCIAL PROGRAMS WITH INSIGHTS FROM BEHAVIORAL SCIENCE. PROJECTS THAT ARE AFFILIATED WITH CABS DEVELOP INNOVATIVE, LOW-COST INTERVENTIONS TO IMPROVE THE EFFECTIVENESS OF SOCIAL PROGRAMS AND THE EXPERIENCES OF THE FAMILIES AND INDIVIDUALS RECEIVING THESE SERVICES. INTERVENTIONS ARE BASED ON RESEARCH FROM BEHAVIORAL SCIENCE, INCLUDING BEHAVIORAL ECONOMICS, SOCIAL PSYCHOLOGY, COGNITIVE PSYCHOLOGY, AND ORGANIZATIONAL BEHAVIOR. PROBLEMS TACKLED BY THE CENTER ADDRESS RELEVANT POLICIES IN HUMAN SERVICES PROGRAMS, EDUCATIONAL SETTINGS, AND EMPLOYMENT TRAINING PROGRAMS. USING A DIAGNOSTIC METHODOLOGY TO IDENTIFY OPPORTUNITIES MOST AMENABLE TO LIGHT-TOUCH, HIGH-IMPACT INTERVENTIONS, CABS DESIGNS INTERVENTIONS AND TESTS THEIR IMPACT THROUGH EXPERIMENTATION AND PROVIDES TECHNICAL ASSISTANCE TO SOCIAL SERVICE AGENCIES IMPLEMENTING SUCH APPROACHES.CENTER FOR DATA INSIGHTSACROSS THE SOCIAL SECTOR, GOVERNMENT AGENCIES, EDUCATIONAL INSTITUTIONS, AND NONPROFIT ORGANIZATIONS ARE ALL BENEFITING FROM GREATER ACCESS BOTH TO MORE DETAILED AND FREQUENT DATA AND TO A VARIETY OF OPTIONS FOR INCREASED COMPUTING POWER. WITH DATA-SCIENCE TOOLS AND GUIDANCE IN APPLYING THEM, PRACTITIONERS CAN HARNESS MULTIPLE SOURCES OF DATA TO GAIN NEW INSIGHTS ABOUT THE INDIVIDUALS THEY SERVE, THE CONTEXTS IN WHICH THEY OPERATE, THEIR STAFF MEMBERS, AND THEIR PROGRAM FEATURES. WHEN SUCH TOOLS ARE INCORPORATED INTO DAILY OPERATIONS IN A RESPONSIBLE WAY, THEY CAN HELP PRACTITIONERS IMPROVE THEIR PROGRAMS AND THE LIVES OF THOSE THEY SERVE.THE CENTER FOR DATA INSIGHTS FURTHERS MDRC'S LONG-STANDING COMMITMENT TO HELPING ORGANIZATIONS WITH WHICH WE COLLABORATE THEIR PROGRAMS AND SYSTEMS BY HARNESSING THE BENEFITS OF OPERATIONAL DATA-SCIENCE TECHNIQUES THOSE THAT PRODUCE ACTIONABLE INSIGHTS THAT CAN AFFECT DAILY PRACTICE. RANGING FROM SIMPLE DESCRIPTIVE SUMMARIES TO ADVANCED MACHINE LEARNING ALGORITHMS, THE CENTER'S PROJECTS AIM TO USE INSTITUTIONS' INCREASINGLY RICH DATA TO PROVIDE NEW INSIGHTS THAT CAN HELP THEM REFINE AND TARGET THEIR SERVICES. THE CENTERPIECE OF CDI'S WORK IS A MAJOR FEDERAL PROJECT THE TANF DATA INITIATIVE WHICH WORKS WITH WELFARE AGENCIES IN BUILDING LONG-TERM STAFF CAPACITY AT THE LOCAL, STATE, AND FEDERAL LEVELS, WHILE ALSO MAKING IMMEDIATE CONTRIBUTIONS TO THE QUALITY OF TANF DATA.
4d Other program services (Describe in Schedule O.)
(Expenses $ 20,896,952 including grants of $ 299,718 ) (Revenue $ 2,512,585 )
4e Total program service expensesMediumBullet60,664,513
Form 990 (2021)
Form 990 (2021)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part IIIClick to see attachment..............
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XIIClick to see attachment......................
12a
Yes
 
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...Click to see attachment
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
21
Yes
 
Form 990 (2021)
Form 990 (2021)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
22
 
No
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part III.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................
34
 
No
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
 
No
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...
35b
 
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
95
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2021)
Form 990 (2021)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
334
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. See instructions.
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
 
No
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
 
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2021)
Form 990 (2021)
Page 6
Part VI
Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
14
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
14
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filedMediumBullet
CA , DC , NY
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletJESUS AMADEO SR VP & CFO200 VESEY STREET 23RD FLOOR   NEW YORK,NY102812103 (212) 532-3200
Form 990 (2021)
Form 990 (2021)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) MARY JO BANE......................................................................
CHAIR
 1.00
.................
0.00 		X           0 0 0
(2) REBECCA BLANK......................................................................
TREASURER
 1.00
.................
0.00 		X           0 0 0
(3) ROBERT DENHAM......................................................................
DIRECTOR
 1.00
.................
0.00 		X           0 0 0
(4) AOIFINN DEVITT......................................................................
DIRECTOR
 1.00
.................
0.00 		X           0 0 0
(5) RONALD HASKINS......................................................................
DIRECTOR
 1.00
.................
0.00 		X           0 0 0
(6) HILARY HOYNES......................................................................
DIRECTOR
 1.00
.................
0.00 		X           0 0 0
(7) JAMES H JOHNSON......................................................................
DIRECTOR (THRU 08/2021)
 1.00
.................
0.00 		X           0 0 0
(8) LAWRENCE KATZ......................................................................
DIRECTOR
 1.00
.................
0.00 		X           0 0 0
(9) JOHN B KING JR......................................................................
DIRECTOR (THRU 04/2021)
 1.00
.................
0.00 		X           0 0 0
(10) MILTON J LITTLE JR......................................................................
DIRECTOR
 1.00
.................
0.00 		X           0 0 0
(11) BRIDGET TERRY LONG......................................................................
DIRECTOR
 1.00
.................
0.00 		X           0 0 0
(12) JOSH B MCGEE......................................................................
DIRECTOR
 1.00
.................
0.00 		X           0 0 0
(13) RICHARD J MURNANE......................................................................
DIRECTOR
 1.00
.................
0.00 		X           0 0 0
(14) ELOY ORTIZ OAKLEY......................................................................
DIRECTOR
 1.00
.................
0.00 		X           0 0 0
(15) MICHAEL ROSTER......................................................................
DIRECTOR
 1.00
.................
0.00 		X           0 0 0
(16) ROBERT SOLOW......................................................................
CHAIRMAN EMERITUS (VOTING)
 1.00
.................
0.00 		X           0 0 0
(17) VIRGINIA W KNOX......................................................................
PRESIDENT
 40.00
.................
0.00 		    X       558,565 0 46,306
Form 990 (2021)
Form 990 (2021)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) JESUS M AMADEO........................................................................
SR. VICE PRESIDENT & CFO
 40.00
.......................0.00 		    X       458,462 0 37,358
(19) SHARON ROWSER THRU 072021........................................................................
VICE PRESIDENT & DEP. DIR PRED
 40.00
.......................0.00 		    X       446,787 0 9,993
(20) DAN J BLOOM........................................................................
SR. VICE PRESIDENT & DIR. PRED
 40.00
.......................0.00 		    X       326,847 0 23,817
(21) ROSE KOB........................................................................
VICE PRESIDENT & GENERAL CNSEL
 40.00
.......................0.00 		    X       270,365 0 15,911
(22) JOHN MARTINEZ AS OF 122021........................................................................
VICE PRESIDENT & DIR. PROG. DEV.
 40.00
.......................0.00 		    X       239,804 0 17,276
(23) JAMES A RICCIO........................................................................
PRINCIPAL RESEARCH FELLOW
 40.00
.......................0.00 		        X   278,398 0 19,181
(24) CHARLES MICHALOPOULOS........................................................................
CHIEF ECONOMIST
 40.00
.......................0.00 		        X   271,099 0 20,736
(25) PATRICIA WEISS........................................................................
HR DIRECTOR
 40.00
.......................0.00 		        X   268,514 0 17,172
(26) JOHN HUTCHINS........................................................................
COMMUNICATIONS DIRECTOR
 40.00
.......................0.00 		        X   266,008 0 18,130
(27) CAROLYN HILL........................................................................
SENIOR FELLOW
 40.00
.......................0.00 		        X   258,035 0 18,792
(28) BARBARA GOLDMAN........................................................................
VP, DIR DEPLOYMENT & ACCOUNTABILITY
 40.00
.......................0.00 		          X 255,562 0 16,902




1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 3,898,446 0 261,574
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet101
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
MEF ASSOCIATES

CANAL CENTER PLAZA
ALEXANDRIA,VA22314 		RESEARCH SUBCONTRACT 2,369,857
ABT ASSOCIATES INC

10 FAWCETT STREET
CAMBRIDGE,MA02138 		RESEARCH SUBCONTRACT 2,334,709
MATHEMATICA POLICY RESEARCH INC

600 ALEXANDER PARK
PRINCETON,NJ08543 		RESEARCH SUBCONTRACT 2,021,453
RTI INTERNATIONAL

PO BOX 900002
RALEIGH,NC27675 		RESEARCH SUBCONTRACT 1,243,545
THE COLERIDGE INITIATIVE INC

4511 DALTON ROAD
CHEVY CHASE,MD20815 		RESEARCH SUBCONTRACT 972,477
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet33
Form 990 (2021)
Form 990 (2021)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d  
e Government grants (contributions)1e 50,458,080
f All other contributions, gifts, grants, and similar amounts not included above1f 38,755,626
g Noncash contributions included in lines 1a - 1f:$ 1g  
h Total. Add lines 1a-1f.......MediumBullet 89,213,706
Program Service RevenueAmt Business Code
2a MANAGEMENT FEES 900090 1,435,053 1,435,053    
b
c
d
e
f All other program service revenue.        
g Total. Add lines 2a–2f .....MediumBullet 1,435,053
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 1,526,814     1,526,814
4 Income from investment of tax-exempt bond proceedsMediumBullet        
5 Royalties...........MediumBullet        
(ii) Personal (i) Real
6a Gross rents     6a
b Less: rental expenses     6b
c Rental income or (loss)     6c
d Net rental income or (loss).......MediumBullet        
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory   21,220,837 7a
b Less: cost or other basis and sales expenses   20,259,842 7b
c Gain or (loss)   960,995 7c
d Net gain or (loss).........MediumBullet 960,995     960,995
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..MediumBullet        
Business Code Miscellaneous Revenue
11a            
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet  
12 Total revenue. See instructions.....MediumBullet 93,136,568 1,435,053 0 2,487,809
Form 990 (2021)
Form 990 (2021)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 2,958,012 2,958,012
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ...........    
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............    
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 2,451,491 844,597 1,603,752 3,142
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ......... 272,465 272,465    
7 Other salaries and wages........ 25,856,472 20,125,676 5,730,796  
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 1,458,782 1,046,551 412,231  
9 Other employee benefits ....... 5,226,610 3,898,989 1,326,036 1,585
10 Payroll taxes ........... 2,214,123 1,652,119 562,004  
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 146,644   146,644  
c Accounting ........... 203,168   203,168  
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ...... 516,438   516,438  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)        
12 Advertising and promotion ....        
13 Office expenses ....... 272,887 266,852 6,035  
14 Information technology ...... 4,147,898 3,837,251 308,024 2,623
15 Royalties ..        
16 Occupancy ........... 3,244,459 2,455,664 788,795  
17 Travel ............ 43,455 35,152 8,303  
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 252,633 111,925 140,708  
20 Interest ...........        
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 714,668 535,086 179,509 73
23 Insurance ... 272,469 204,003 68,438 28
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a SUBCONTRACTOR EXPENSES 19,006,455 16,614,069 2,392,344 42
b SITE PROGRAM PAYMENTS 2,097,856 2,097,856    
c SURVEY EXPENSES 1,378,900 1,378,900    
d COMMUNICATION EXPENSES 771,840 614,473 157,367  
e All other expenses 1,584,552 1,714,873 -130,769 448
25 Total functional expenses. Add lines 1 through 24e 75,092,277 60,664,513 14,419,823 7,941
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2021)
Form 990 (2021)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 7,487,466 1 3,974,293
2 Savings and temporary cash investments ......... 22,916,476 2 39,205,922
3 Pledges and grants receivable, net ...... 20,904,057 3 25,110,149
4 Accounts receivable, net .............   4  
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
  5  
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
  6  
7 Notes and loans receivable, net ...........   7  
8 Inventories for sale or use ............   8  
9 Prepaid expenses and deferred charges ...... 1,148,789 9 1,757,378
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 13,025,242
b Less: accumulated depreciation 10b 5,459,724 8,278,667 10c 7,565,518
11 Investments—publicly traded securities . 42,243,716 11 46,215,685
12 Investments—other securities. See Part IV, line 11 ..... 13,311,213 12 18,756,707
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 2,259,207 15 1,333,954
16 Total assets. Add lines 1 through 15 (must equal line 33)... 118,549,591 16 143,919,606
Liabilities 17 Accounts payable and accrued expenses ..... 8,732,119 17 16,083,919
18 Grants payable ... 11,410,374 18 12,811,241
19 Deferred revenue .........   19  
20 Tax-exempt bond liabilities .........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
  22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ..   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 13,636,252 25 8,742,184
26 Total liabilities. Add lines 17 through 25.. 33,778,745 26 37,637,344
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 59,477,109 27 79,806,296
28 Net assets with donor restrictions ........... 25,293,737 28 26,475,966
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 84,770,846 32 106,282,262
33 Total liabilities and net assets/fund balances ........ 118,549,591 33 143,919,606
Form 990 (2021)
Form 990 (2021)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
93,136,568
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
75,092,277
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
18,044,291
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
84,770,846
5
Net unrealized gains (losses) on investments ...............
5
3,467,125
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
0
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
106,282,262
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2021)
Form 990 (2021)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
MDRC
 
Employer identification number

23-7379473
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
a
b
c
d
e
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 62,938,410 65,542,615 67,945,664 62,468,182 89,213,706 348,108,577
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3 62,938,410 65,542,615 67,945,664 62,468,182 89,213,706 348,108,577
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. 25,909,897
6 Public support. Subtract line 5 from line 4. 322,198,680
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
7 Amounts from line 4.. 62,938,410 65,542,615 67,945,664 62,468,182 89,213,706 348,108,577
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 1,567,329 1,720,168 1,936,600 1,209,689 1,526,814 7,960,600
9 Net income from unrelated business activities, whether or not the business is regularly carried on..     82,159 56,153   138,312
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..            
11 Total support. Add lines 7 through 10 356,207,489
12
12
9,574,723
13
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................right arrow
Section C. Computation of Public Support Percentage
14
14
90.450 %
15
15
90.990 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose            
3 Gross receipts from activities that are not an unrelated trade or business under section 513 .....            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge            
6 Total. Add lines 1 through 5            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support. (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2017 (b) 2018 (c) 2019 (d) 2020 (e) 2021 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described on 11a above?
11b
 
 
c
A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer lines 2a and 2b below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer lines 3a and 3b below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by 0.035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Schedule A (Form 990) 2021

Schedule A (Form 990) 2021
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes 1  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity 		2  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3  
4 Amounts paid to acquire exempt-use assets 4  
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) 5  
6 Other distributions (describe in Part VI). See instructions 6  
7Total annual distributions. Add lines 1 through 6. 7  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI). See instructions 		8  
9 Distributable amount for 2021 from Section C, line 6 9  
10 Line 8 amount divided by Line 9 amount 10  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions 		(ii)
Underdistributions
Pre-2021 		(iii)
Distributable
Amount for 2021
1 Distributable amount for 2021 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2021 (reasonable cause required-- explain in Part VI).
See instructions.		  
3 Excess distributions carryover, if any, to 2021:
a From 2016.......  
b From 2017.......  
c From 2018.......  
d From 2019.......  
e From 2020.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2021 distributable amount  
i Carryover from 2016 not applied (see
instructions) 		 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2021 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2021 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2021, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions. 		 
6 Remaining underdistributions for 2021. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions. 		 
7 Excess distributions carryover to 2022. Add lines
3j and 4c. 		 
8 Breakdown of line 7:
a Excess from 2017.....  
b Excess from 2018.....  
c Excess from 2019.....  
d Excess from 2020.....  
e Excess from 2021.....  
Schedule A (Form 990) (2021)

Schedule A (Form 990) 2021
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A (Form 990) 2021


Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Name of the organization
MDRC
 
Employer identification number

23-7379473
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2021)
Schedule B (Form 990) (2021) Page 2
Name of organization
MDRC
  		Employer identification number
23-7379473
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
 
 
 
 
  ,    

$ RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)
Schedule B (Form 990) (2021)
Page 3
Name of organization
MDRC
  		Employer identification number

23-7379473
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2021)
Schedule B (Form 990) (2021)
Page 4
Name of organization
MDRC
  		Employer identification number

23-7379473
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2021)
Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet Attach to Form 990.
SchDMd Bullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
MDRC
 
Employer identification number

23-7379473
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance .... 42,593,632 38,628,656 35,338,197 37,465,989 32,880,037
b Contributions ...          
c Net investment earnings, gains, and losses 8,319,132 5,404,557 5,324,803 -851,877 4,979,020
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ... 		1,394,722 1,439,581 2,034,344 1,275,915 393,068
f Administrative expenses ....          
g End of year balance ...... 49,518,042 42,593,632 38,628,656 35,338,197 37,465,989
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet46.530 %
b
Permanent endowment SchDMd Bullet18.070 %
c
Term endowment SchDMd Bullet35.390 %
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
 
No
(ii) Related organizations .................
3a(ii)
 
No
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .....      
b Buildings ....        
c Leasehold improvements   12,250,992 4,698,328 7,552,664
d Equipment ....   774,250 761,396 12,854
e Other .....        
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 7,565,518
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........    
(3) Other
(A) EQUITY LONG/SHORT		 11,000,455 F

(B) MIDDLE MARKET LENDING		 5,081,867 F

(C) PRIVATE EQUITY		 1,757,439 F

(D) REAL ASSETS (LIMITED PSHIPS)		 916,946 F
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 18,756,707
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 8,742,184
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 96,087,255
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a 3,467,125
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e 3,467,125
3 Subtract line 2e from line 1.................. 3 92,620,130
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a 516,438
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c 516,438
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 93,136,568
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 74,575,839
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d.................... 2e 0
3 Subtract line 2e from line 1................... 3 74,575,839
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a 516,438
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b..................... 4c 516,438
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 75,092,277
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
PART V, LINE 4: MDRC'S BOARD OF DIRECTORS CREATED AN ENDOWMENT FUND IN 1999. THE FUND INCLUDES PERMANENTLY RESTRICTED, TEMPORARILY RESTRICTED, AND UNRESTRICTED CONTRIBUTIONS THAT HAVE BEEN DESIGNATED TO THE FUND FOR THE PURPOSE OF MATCHING A $7 MILLION, FIVE YEAR CHALLENGE GRANT GIVEN BY THE PREDECESSOR ORGANIZATION OF THE ATLANTIC PHILANTHROPIES. SPENDING FROM THE ENDOWMENT FUND IS INTENDED TO SUPPORT PROGRAM DEVELOPMENT, INFORMATION DISSEMINATION ACTIVITIES, AND CORPORATE STRATEGIC INITIATIVES. SPENDING FROM THE ENDOWMENT IS APPROVED BY THE BOARD OF DIRECTORS BASED ON THE RULES ESTABLISHED UNDER MDRC'S ENDOWMENT SPENDING POLICY.
PART X, LINE 2: MDRC FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. MDRC IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. MDRC HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. MDRC HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN ITS FINANCIAL STATEMENTS.
Schedule D (Form 990) 2021


Additional Data


Software ID:  
Software Version:  




SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990.Right pointing arrow large image Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
MDRC
 
Employer identification number

23-7379473
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in the region (d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in the region		 (f) Total expenditures
for and investments
in the region
CENTRAL AMERICA AND THE CARIBBEAN     INVESTMENTS   16,999,268
EUROPE (INCLUDING ICELAND & GREENLAND)     INVESTMENTS   1,755,445
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
3a Sub-total .... 0 0 18,754,713
b Total from continuation sheets to Part I ... 0 0 0
c Totals (add lines 3a and 3b) 0 0 18,754,713
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2021
Schedule F (Form 990) 2021
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of noncash
assistance 		(h) Description
of noncash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......MediumBullet
 
3 Enter total number of other organizations or entities .......................MediumBullet
 
Schedule F (Form 990) 2021
Schedule F (Form 990) 2021Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
noncash
assistance 		(g) Description
of noncash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2021
Schedule F (Form 990) 2021
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2021
Schedule F (Form 990) 2021
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.
ReturnReference Explanation
PART III ACCOUNTING METHOD:  
SCHEDULE F, PART IV MDRC INVESTS IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. MDRC, LIKEWISE, MAKES DIRECT INVESTMENTS INTO CORPORATIONS DOMICILED OUTSIDE THE UNITED STATES. NEVERTHELESS, MDRC'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, 8621 OR 8865. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH THE ORGANIZATION'S FORM 990-T.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2021
Additional Data


Software ID:  
Software Version:  




Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
MDRC
 
Employer identification number
23-7379473
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) ASCEND STL INC
3520 PAGE BOULEVARD
ST LOUIS,MO63106 		43-1844396 501(C)(3) 75,000 0     RESTRICTED PURPOSE A
(2) BAKERSFIELD COLLEGE
KERN COMMUNITY COLLEGE DISTRICT
2100 CHESTER AVENUE
BAKERSFIELD,CA93301 		95-6006644 501(C)(3) 22,900 0     RESTRICTED PURPOSE A
(3) CAMDEN COUNTY COLLEGE
PO BOX 200 COLLEGE DRIVE
BLACKWOOD,NJ08012 		22-1821290 501(C)(3) 7,500 0     RESTRICTED PURPOSE A
(4) CENTURY COLLEGE
3300 CENTURY AVENUE NORTH
WHITE BEAR LAKE,MN55110 		41-1687554 501(C)(3) 10,000 0     RESTRICTED PURPOSE A
(5) CHAFFEY COMMUNITY COLLEGE DISTRICT
5885 HAVEN AVENUE
RANCHO CUCAMONGA,CA917373002 		95-6000558 501(C)(3) 20,000 0     RESTRICTED PURPOSE A
(6) CHARLES STEWART MOTT COMMUNITY COLLEGE
140 E COURT STREET
FLINT,MI48503 		38-1914697 501(C)(3) 10,000 0     RESTRICTED PURPOSE A
(7) CINCINNATI STATE TECHNICAL AND COMMUNITY COLLEGE
3520 CENTRAL PARKWAY
CINCINNATI,OH45223 		31-0784054 501(C)(3) 25,000 0     RESTRICTED PURPOSE A
(8) COAHOMA COMMUNITY COLLEGE & EARLY COLLEGE HIGH SCHOOL
3240 FRIARS POINT ROAD
CLARKSDALE,MS38614 		64-0437624 501(C)(3) 7,500 0     RESTRICTED PURPOSE A
(9) COMMUNITY COLLEGE OF BALTIMORE
COUNTY FOUNDATION INC 7201
ROSSVILLE BOULEVARD
BALTIMORE,MD212373899 		20-3246676 501(C)(3) 75,000 0     RESTRICTED PURPOSE A
(10) DALLAS COLLEGE
4343 IH-30
MESQUITE,TX75150 		75-1213149 501(C)(3) 7,500 0     RESTRICTED PURPOSE A
(11) ESSEX COUNTY COLLEGE
303 UNIVERSITY AVENUE
NEWARK,NJ07102 		22-1821292 501(C)(3) 20,000 0     RESTRICTED PURPOSE A
(12) HENRY FORD COLLEGE
5101 EVERGREEN RD
DEARBORN,MI48128 		20-0027170 501(C)(3) 10,000 0     RESTRICTED PURPOSE A
(13) HOUSING AUTHORITY OF BALTIMORE CITY
417 E FAYETTE ST
BALTIMORE,MD21202 		52-6000889 501(C)(3) 361,847 0     RESTRICTED PURPOSE A
(14) HOUSTON HOUSING AUTHORITY
2640 FOUNTAIN VIEW DRIVE
HOUSTON,TX77057 		74-6001238 501(C)(3) 1,623,175 0     RESTRICTED PURPOSE A
(15) HUDSON COUNTY COMMUNITY COLLEGE
26 JOURNAL SQUARE
JERSEY CITY,NJ07306 		22-2045990 501(C)(3) 7,500 0     RESTRICTED PURPOSE A
(16) IVY TECH COMMUNITY COLLEGE OF INDIANA
50 W FALL CREEK PARKWAY NORTH DR
INDIANAPOLIS,IN46208 		35-1180631 501(C)(3) 60,000 0     RESTRICTED PURPOSE A
(17) JF DRAKE STATE COMMUNITY & TECHNICAL COLLEGE
3421 MERIDIAN STREET NORTH
HUNTSVILLE,AL35811 		63-0439942 501(C)(3) 7,500 0     RESTRICTED PURPOSE A
(18) LORAIN COUNTY COMMUNITY COLLEGE
1005 NORTH ABBE ROAD
ELYRIA,OH44035 		34-0930187 501(C)(3) 6,000 0     RESTRICTED PURPOSE A
(19) MAYOR'S FUND TO ADVANCE NEW YORK CITY
253 BROADWAY 6TH FLOOR
NEW YORK,NY10007 		13-3783906 501(C)(3) 110,000 0     RESTRICTED PURPOSE A
(20) MERCER COUNTY COMMUNITY COLLEGE
1200 OLD TRENDTON ROAD
WEST WINDSOR,NJ08550 		22-1804242 501(C)(3) 7,500 0     RESTRICTED PURPOSE A
(21) METROPOLITAN MILWAUKEE FAIR HOUSING COUNCIL INC
759 N MILWAUKEE STREET SUITE 500
MILWAUKEE,WI53202 		39-1286685 501(C)(3) 155,110 0     RESTRICTED PURPOSE A
(22) MIDDLESEX COUNTY COLLEGE
2600 WOODBRIDGE AVENUE
EDISON,NJ088183050 		22-1769370 501(C)(3) 10,000 0     RESTRICTED PURPOSE A
(23) NEW JERSEY COUNCIL OF COUNTY COLLEGES
330 WEST STATE STREET
TRENTON,NJ08618 		22-3085497 501(C)(3) 10,000 0     RESTRICTED PURPOSE A
(24) OFFICE OF CHILD SUPPORT SERVICES
CUYAHOGA JOB AND FAMILY SERVICES
1640 SUPERIOR AVENUE
CLEVELAND,OH44114 		34-6000817 501(C)(3) 123,665 0     RESTRICTED PURPOSE A
(25) OWENS STATE COMMUNITY COLLEGE
PO BOX 10000
TOLEDO,OH43699 		34-1059164 501(C)(3) 64,248 0     RESTRICTED PURPOSE A
(26) PASSAIC COUNTY COMMUNITY COLLEGE
1 COLLEGE BOULEVARD
PATERSON,NJ07505 		22-1907901 501(C)(3) 20,000 0     RESTRICTED PURPOSE A
(27) RESEARCH FOUNDATION OF CUNY
230 WEST 41ST STREET 7TH FLOOR
NEW YORK,NY10036 		13-1988190 501(C)(3) 18,567 0     RESTRICTED PURPOSE A
(28) ROWAN COLLEGE AT BURLINGTON COUNTY
900 COLLEGE CIRCLE
MT LAUREL,NJ08054 		22-1825538 501(C)(3) 7,500 0     RESTRICTED PURPOSE A
(29) STARK STATE COLLEGE
6200 FRANK AVE NW
NORTH CANTON,OH44720 		34-1055865 501(C)(3) 30,000 0     RESTRICTED PURPOSE A
(30) STATE COUNCIL OF HIGHER EDUCATION FOR VIRGINIA
101 N 14TH STREET 10TH FLOOR
RICHMOND,VA23219 		54-6020516 501(C)(3) 15,000 0     RESTRICTED PURPOSE A
(31) TRINITY VALLEY COMMUNITY COLLEGE
100 CARDINAL DRIVE
ALTHENS,TX75751 		75-6001769 501(C)(3) 7,500 0     RESTRICTED PURPOSE A
(32) UNION COUNTY COLLEGE
1033 SPRINGFIELD AVENUE
CRANFORD,NJ07016 		22-1515225 501(C)(3) 7,500 0     RESTRICTED PURPOSE A
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
32
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
0
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2021

Schedule I (Form 990) 2021
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
PART I, LINE 2: MDRC MONITORS USE OF FUNDS AWARDED THROUGH A COMBINATION OF FINANCIAL REPORTING, PROGRAMMATIC REPORTING, SITE VISITS AND AUDITS. EACH RECIPIENT SIGNS AN AGREEMENT WITH MDRC WHICH SPECIFIES THE RESTRICTED PURPOSE AND PERIOD OF AWARD, A PAYMENT SCHEDULE, AND A REPORTING SCHEDULE FOR FINANCIAL AND PROGRAMMATIC REPORTS. MDRC FINANCE AND PROGRAMMATIC STAFF PERFORM A COORDINATED REVIEW OF REPORTS SUBMITTED TO ENSURE COMPLIANCE WITH THE TERMS OF THE AWARD. PROGRAMMATIC STAFF COMMUNICATE FREQUENTLY WITH RECIPIENTS REGARDING THE RESEARCH ACTIVITIES BEING FUNDED AND MAKE PERIODIC SITE VISITS TO THE RECIPIENT. IN ADDITION, FINANCE STAFF AT MDRC REVIEW AUDIT REPORTS OF RECIPIENTS AND PERIODICALLY PERFORM ON-SITE FINANCIAL REVIEWS.
Schedule I (Form 990) 2021



Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
MDRC
 
Employer identification number

23-7379473
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
 
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
No
b
Any related organization? .......................
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
No
b
Any related organization? ......................
6b
 
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2021

Schedule J (Form 990) 2021
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1VIRGINIA W KNOX
PRESIDENT 		(i)

(ii)		 526,884
-------------
0 		31,681
-------------
0 		0
-------------
0 		46,306
-------------
0 		0
-------------
0 		604,871
-------------
0 		0
-------------
0
2JESUS M AMADEO
SR. VICE PRESIDENT & CFO 		(i)

(ii)		 441,852
-------------
0 		16,610
-------------
0 		0
-------------
0 		37,358
-------------
0 		0
-------------
0 		495,820
-------------
0 		0
-------------
0
3SHARON ROWSER THRU 072021
VICE PRESIDENT & DEP. DIR PRED 		(i)

(ii)		 298,921
-------------
0 		0
-------------
0 		147,866
-------------
0 		9,526
-------------
0 		467
-------------
0 		456,780
-------------
0 		0
-------------
0
4DAN J BLOOM
SR. VICE PRESIDENT & DIR. PRED 		(i)

(ii)		 326,847
-------------
0 		0
-------------
0 		0
-------------
0 		23,817
-------------
0 		0
-------------
0 		350,664
-------------
0 		0
-------------
0
5JAMES A RICCIO
PRINCIPAL RESEARCH FELLOW 		(i)

(ii)		 278,148
-------------
0 		0
-------------
0 		250
-------------
0 		19,181
-------------
0 		0
-------------
0 		297,579
-------------
0 		0
-------------
0
6CHARLES MICHALOPOULOS
CHIEF ECONOMIST 		(i)

(ii)		 270,849
-------------
0 		0
-------------
0 		250
-------------
0 		19,736
-------------
0 		1,000
-------------
0 		291,835
-------------
0 		0
-------------
0
7ROSE KOB
VICE PRESIDENT & GENERAL CNSEL 		(i)

(ii)		 252,474
-------------
0 		17,891
-------------
0 		0
-------------
0 		15,911
-------------
0 		0
-------------
0 		286,276
-------------
0 		0
-------------
0
8PATRICIA WEISS
HR DIRECTOR 		(i)

(ii)		 268,012
-------------
0 		0
-------------
0 		502
-------------
0 		17,172
-------------
0 		0
-------------
0 		285,686
-------------
0 		0
-------------
0
9JOHN HUTCHINS
COMMUNICATIONS DIRECTOR 		(i)

(ii)		 263,841
-------------
0 		0
-------------
0 		2,167
-------------
0 		17,651
-------------
0 		479
-------------
0 		284,138
-------------
0 		0
-------------
0
10CAROLYN HILL
SENIOR FELLOW 		(i)

(ii)		 257,785
-------------
0 		0
-------------
0 		250
-------------
0 		16,042
-------------
0 		2,750
-------------
0 		276,827
-------------
0 		0
-------------
0
11BARBARA GOLDMAN
VP, DIR DEPLOYMENT & ACCOUNTABILITY 		(i)

(ii)		 255,312
-------------
0 		0
-------------
0 		250
-------------
0 		16,902
-------------
0 		0
-------------
0 		272,464
-------------
0 		0
-------------
0
12JOHN MARTINEZ AS OF 122021
VICE PRESIDENT & DIR. PROG. DEV. 		(i)

(ii)		 239,804
-------------
0 		0
-------------
0 		0
-------------
0 		16,580
-------------
0 		696
-------------
0 		257,080
-------------
0 		0
-------------
0
Schedule J (Form 990) 2021

Schedule J (Form 990) 2021
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
PART I, LINE 4A: SHARON ROWSER, VICE PRESIDENT AND DEPARTMENT DIR. PRED SEPARATED FROM MDRC JULY 2021. UPON HER SEPARATION SHE RECEIVED A SEVERANCE PAYMENT. THIS AMOUNT IS $137,178 OF THE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN B (III).
PART I, LINE 7: THE PROCEDURES USED FOR DETERMINING BONUS PAYOUTS TO INDIVIDUALS LISTED IN THE FORM 990, PART VII, ARE DESCRIBED IN THE SCHEDULE O, PART VI, LINE 15 NARRATIVE.
Schedule J (Form 990) 2021

Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
MDRC
 
Employer identification number

23-7379473
Return Reference Explanation
FORM 990, PART III, LINE 1 MDRC WAS FOUNDED IN 1974 ON THE NOTION THAT HIGH - QUALITY RESEARCH AND EVIDENCE CAN PLAY A VITAL ROLE IN REDUCING POVERTY AND INEQUITY IN THE UNITED STATES. MDRC IS A NONPROFIT, NONPARTISAN SOCIAL POLICY AND EDUCATION RESEARCH ORGANIZATION COMMITTED TO FINDING SOLUTIONS TO SOME OF THE MOST DIFFICULT PROBLEMS FACING THE NATION - FROM REDUCING POVERTY AND BOLSTERING ECONOMIC SELF-SUFFICIENCY TO IMPROVING PUBLIC EDUCATION AND COLLEGE GRADUATION RATES. WE DESIGN PROMISING NEW INTERVENTIONS, EVALUATE EXISTING PROGRAMS USING THE HIGHEST RESEARCH STANDARDS, AND PROVIDE TECHNICAL ASSISTANCE TO BUILD BETTER PROGRAMS AND DELIVER EFFECTIVE INTERVENTIONS AT SCALE. OUR DIVERSE, INTERDISCIPLINARY STAFF OF RESEARCHERS AND FORMER EDUCATORS AND PROGRAM OPERATORS - SUPPORTED BY EXPERTS IN FINANCE, LAW, TECHNOLOGY, HUMAN RESOURCES, AND COMMUNICATIONS - WORK IN COMMUNITIES ACROSS THE COUNTRY, IN A WIDE RANGE OF DOMAINS, INCLUDING PRE-K TO POSTSECONDARY EDUCATION, CRIMINAL JUSTICE, HOUSING, AND JOB TRAINING. OUR WORK IS STRONGER WHEN OUR STAFF REPRESENT DIVERSE BACKGROUNDS AND PERSPECTIVES, OUR MANAGEMENT PRACTICES ARE INCLUSIVE, AND OUR ORGANIZATIONAL CULTURE PROMOTES GROWTH, LEARNING, AND INNOVATION. UNDERLYING ALL OUR WORK IS A DEEP FAITH IN THE WISDOM OF ON-THE-GROUND PROGRAM STAFF AND INDIVIDUALS DIRECTLY AFFECTED BY THE PROGRAMS AND POLICIES WE STUDY. OVER THE YEARS, MDRC HAS BROUGHT ITS COMMITMENT TO BUILDING STRONG EVIDENCE TO AN EVER - GROWING RANGE OF POLICY AREAS. WE HAVE WORKED IN NEARLY EVERY STATE AND MOST OF THE NATION'S MAJOR CITIES. TODAY WE ARE WORKING ON PROJECTS IN FIVE POLICY AREAS AND FOUR CENTERS: - FAMILY WELL-BEING AND CHILD DEVELOPMENT - K-12 EDUCATION - POSTSECONDARY EDUCATION - ECONOMIC MOBILITY, HOUSING, AND COMMUNITIES - YOUTH DEVELOPMENT, CRIMINAL JUSTICE, AND EMPLOYMENT - CENTER FOR APPLIED BEHAVIORAL SCIENCE - CENTER FOR DATA INSIGHTS - CENTER FOR CRIMINAL JUSTICE RESEARCH - CENTER FOR EFFECTIVE CAREER AND TECHNICAL EDUCATION MDRC HAS WORKED DILIGENTLY OVER THE LAST SEVERAL YEARS TO STRENGTHEN OUR EXISTING PROGRAMMATIC TECHNICAL ASSISTANCE, IMPLEMENTATION RESEARCH, AND COMMUNICATIONS FUNCTIONS, WHILE BUILDING NEW CAPABILITIES IN BEHAVIORAL SCIENCE AND DATA ANALYTICS - ALL IN THE SERVICE OF IMPROVING EDUCATION AND SOCIAL PROGRAMS. MDRC OFFERS "END-TO-END" RELATIONSHIPS AND SERVICES THAT INCORPORATE CLOSE ATTENTION TO THE LINKS AMONG AN INTERVENTION'S IMPLEMENTATION SYSTEM, ITS CORE ACTIVITIES, AND ITS HIGHEST PRIORITY OUTCOMES; STRONG DATA ANALYSIS; PREDICTIVE ANALYTICS; BEHAVIORAL DIAGNOSIS AND DESIGN; AND OTHER TECHNICAL ASSISTANCE SERVICES TO HELP PROGRAMS TARGET THEIR SERVICES EFFECTIVELY, IMPROVE THEIR RECRUITMENT AND ENGAGEMENT, AND DESIGN THEIR SERVICE APPROACHES TO CHANGE THE TRAJECTORIES OF THEIR PARTICIPANTS. WHAT DISTINGUISHES MDRC? DEDICATION TO LEARNING WHAT WORKS TO IMPROVE THE WELL-BEING OF FAMILIES WITH LOW INCOMES. WHEN SELECTING NEW PROJECTS, MDRC TAKES A PROACTIVE, STRATEGIC APPROACH THAT IS BASED ON AN ANALYSIS OF THE KEY ISSUES AND TRENDS IN SOCIAL POLICY AND AN ASSESSMENT OF OPPORTUNITIES TO LEARN. WE TRY TO ANSWER IMPORTANT POLICY QUESTIONS BY CONDUCTING MULTIPLE STUDIES OVER TIME, EACH BUILDING ON THE LAST, CONFIRMING WHAT HAS COME BEFORE AND ADDING NEW KNOWLEDGE. DEVOTION TO RIGOR, ACCURACY, AND INNOVATION. TO SHAPE POLICY AND PRACTICE IN THE FIELD, IT IS NOT ENOUGH TO LEARN WHAT WORKS; RESEARCH MUST LEARN WHY AND HOW PROGRAMS WORK. EACH MDRC STUDY USES THE MOST RIGOROUS APPROPRIATE RESEARCH DESIGN TO ASSESS WHAT DIFFERENCE A PROGRAM MAKES. WE ARE BEST KNOWN FOR LARGE-SCALE STUDIES USING RANDOM ASSIGNMENT, BUT WE ALSO USE AN ARRAY OF QUALITATIVE METHODS - ETHNOGRAPHY, FOCUS GROUPS, CASE STUDIES ROOTED IN FIELD RESEARCH, CLASSROOM OBSERVATIONS, CASE FILE REVIEWS, AND IN-DEPTH INTERVIEWING - TO COMPLEMENT OUR QUANTITATIVE ANALYSES. WE'RE ALSO A LEADER IN METHODOLOGICAL INNOVATION, DEVELOPING AND IMPLEMENTING NEW EVALUATION DESIGNS IN REAL-WORLD CONDITIONS. RESEARCH EXPERTISE AND OPERATIONAL KNOW-HOW. EVEN THE MOST INNOVATIVE RESEARCH DESIGNS CANNOT SUBSTITUTE FOR STRONG PROGRAMS. OUR DIVERSE STAFF INCLUDES BOTH EXPERTS IN QUALITATIVE AND QUANTITATIVE RESEARCH AND EXPERIENCED MANAGERS OF PROGRAMS AND PUBLIC AGENCIES. THIS RARE COMBINATION OF RESEARCH AND OPERATIONAL EXPERTISE HELPS IMPROVE THE PROGRAMS WE STUDY AND THAT THE REAL-WORLD TESTS WE MOUNT ANSWER THE RIGHT QUESTIONS. AS PART OF OUR MISSION TO BRING DIVERSE NEW RESEARCHERS INTO THE FIELD, WE HOST DOCTORAL FELLOWS AND MASTER'S AND UNDERGRADUATE INTERNS FROM UNDERREPRESENTED GROUPS. COMMITMENT TO CLEAR COMMUNICATION. FOR MDRC'S EVIDENCE TO MAKE A DIFFERENCE IN THE PUBLIC POLICIES AND PRACTICES THAT AFFECT LOW-INCOME PEOPLE, IT MUST REACH A BROAD AUDIENCE. WE PRODUCE CLEARLY WRITTEN RESEARCH REPORTS AS WELL AS POLICY BRIEFS, "HOW-TO" GUIDES, INFOGRAPHICS, VIDEOS, AND PODCASTS THAT DISTILL THE RESULTS OF OUR STUDIES AND DISCUSS THEIR IMPLICATIONS FOR POLICY AND PRACTICE. WE WIDELY DISSEMINATE OUR FINDINGS - TO THE MEDIA AND PUBLIC INTEREST GROUPS; IN TESTIMONY BEFORE CONGRESS AND STATE LEGISLATURES; AT PROFESSIONAL CONFERENCES AND IN JOURNAL ARTICLES; THROUGH NEWS BULLETINS E-MAILED TO MORE THAN 15,000 PEOPLE; VIA OUR COMPREHENSIVE WEBSITE; THROUGH A ROBUST SOCIAL MEDIA PRESENCE, PARTICULARLY ON FACEBOOK AND TWITTER (WITH A COMBINED 50,000+ FOLLOWERS); AND THROUGH THE PROVISION OF HANDS-ON TECHNICAL ASSISTANCE TO PUBLIC AND NONPROFIT PROGRAM OPERATORS. IN RECENT YEARS, WE'VE LAUNCHED SEVERAL BLOGS: IDEAS AND EVIDENCE, THE IMPLEMENTATION RESEARCH INCUBATOR, REFLECTIONS ON METHODOLOGY, IN PRACTICE, AND THE FUTURE OF CAREER AND TECHNICAL EDUCATION. ACHIEVEMENTS IN 2021 LIKE ALL ORGANIZATIONS, MDRC CONTINUE TO COPE WITH THE EFFECTS OF THE PANDEMIC - ON OUR WORK, ON OUR STAFF, AND ON THE PEOPLE SERVED BY THE PROGRAMS WE STUDY. AS A WORKPLACE, WE INSTITUTED A HYBRID WORKPLACE AND EXPANDED OUR LEAVE AND FLEXTIME POLICIES TO ACCOMMODATE THE REALITIES OF BALANCING WORK AND PERSONAL RESPONSIBILITIES DURING A PUBLIC HEALTH CRISIS. WE CREATED A NEW MANAGEMENT AND PLANNING GROUP THAT MEETS MONTHLY TO STRENGTHEN CROSS-DEPARTMENTAL COORDINATION AND COMMUNICATION ACROSS MDRC, SIGNIFICANTLY RAMPED UP TRAINING FOR SUPERVISORS, AND HIRED A CONSULTANT TO CONDUCT A "ROOT CAUSES ANALYSIS" TO BETTER UNDERSTAND HOW TO MAKE OUR WORKPLACE POLICIES MORE EQUITABLE. IN THE SUMMER, WE VOLUNTARILY RECOGNIZED SOCIAL POLICY WORKERS UNITED AS THE UNION REPRESENTING A PORTION OF OUR STAFF AND LOOK FORWARD TO A PRODUCTIVE COLLECTIVE BARGAINING NEGOTIATION. WE CONTINUED TO DEVELOP NEW WAYS OF DOING OUR WORK IN A MOSTLY VIRTUAL ENVIRONMENT, SHARING WHAT WE'VE LEARNED WITH THE LARGER FIELD. MDRC'S EQUITY COLLABORATIVE IS A STAFF-LED GROUP FOCUSED ON DEVELOPING CULTURALLY RESPONSIVE, EQUITY-BASED, AND INCLUSIVE PRACTICES INTO ALL MDRC'S RESEARCH AND TECHNICAL ASSISTANCE PROJECTS. IN 2021, THE EQUITY COLLABORATIVE LAUNCHED A PUBLIC WEB PAGE BY PUBLISHING THE FIRST THREE IN A SERIES OF GUIDANCE DOCUMENTS: "APPROACHES AND METHODS FOR ASSESSING AND REMEDYING BARRIERS, BURDEN, AND INEQUITIES IN PUBLIC SERVICE DELIVERY AND ACCESS," "GUIDING QUESTIONS FOR SUPPORTING CULTURALLY RESPONSIVE EVALUATION PRACTICES AND AN EQUITY-BASED PERSPECTIVE, AND "EQUITY METRICS, MEASURES, AND ANALYTIC APPROACHES IN EDUCATION RESEARCH." ON JUNE 15TH IT WAS ANNOUNCED VIA SOCIAL MEDIA BY MACKENZIE SCOTT THAT MDRC IS A RECIPIENT OF $15-MILLION GRANT. AS MDRC PRESIDENT VIRGINIA KNOX NOTED, "WE SEE THIS GIFT AS AN ENDORSEMENT OF OUR MISSION TO BRING THE BEST EVIDENCE AND IMPLEMENTATION KNOW-HOW TO IMPROVING POLICIES AND PROGRAMS SO THAT THEY CREATE REAL AVENUES OF OPPORTUNITY FOR PEOPLE WITH LOW INCOMES." MDRC RECEIVED SIGNIFICANT FUNDING FROM OTHER PRIVATE FUNDERS AND WON IMPORTANT COMPETITIVE CONTRACTS FROM FEDERAL AGENCIES, INCLUDING FROM THE ASCENDIUM EDUCATION GROUP TO LAUNCH A NEW RESEARCH AND SCALING PROJECT TO HELP STATES ADOPT NEW ASSESSMENT SYSTEMS FOR COMMUNITY COLLEGES TO DETERMINE WHETHER STUDENTS SHOULD BE PLACED IN REMEDIAL EDUCATION, FROM THE GATES FOUNDATION FOR A PROJECT TO STUDY AND PROMOTE MORE EQUITABLE AND EFFECTIVE ASSESSMENTS FOR PRESCHOOL CHILDREN, AND FROM A CONSORTIUM OF FOUNDATIONS TO SUPPORT A PROJECT TO ENCOURAGE STATES TO USE AVAILABLE FEDERAL FUNDS TO INVEST IN EFFECTIVE INTERVENTIONS TO PROMOTE COLLEGE COMPLETION. ORGANIZATION INVOLVED IN THE LATTER PROJECT INCLUDE THE INSTITUTE FOR COLLEGE ACCESS AND SUCCESS, THE STATE HIGHER EDUCATION EXECUTIVE OFFICERS ASSOCIATION, AND THE EDUCATION TRUST. MDRC ALSO RECEIVED FEDERAL CONTRACTS FOR TWO LARGE PROJECTS FOCUSED ON PERSONALIZING LEARNING AND TUTORING FOR K-12 STUDENTS. IN 2021, MDRC LAUNCHED POLICY-RELEVANT PROJECTS, RELEASED IMPORTANT FINDINGS FOR POLICYMAKERS AND PRACTITIONERS, AND PUBLISHED COMMENTARIES IN TRADE AND MAINSTREAM PUBLICATIONS FOCUSING ON EVIDENCE-BACKED LESSONS FOR POLICYMAKERS. HERE ARE JUST A FEW EXAMPLES:
FORM 990, PART III, LINE 1 IN COLLABORATION WITH THE ALL4ED AND THE EDUCATION TRUST, MDRC LAUNCHED THE "EDUCATIONAL EQUITY: SOLUTIONS THROUGH SOCIAL AND EMOTIONAL WELL-BEING" PROJECT, WHICH SHARES LESSONS THROUGH A SERIES OF PRACTITIONER BRIEFS. WE LAUNCHED THE HIGHER EDUCATION RANDOMIZED CONTROLLED TRIALS (THE-RCT), A RESTRICTED-ACCESS DATA FILE THAT CONTAINS STUDENT-LEVEL DATA FROM 30 RANDOMIZED CONTROLLED TRIALS BY MDRC, INCLUDING MORE THAN 45 INSTITUTIONS AND 68,000 STUDENTS. RESEARCHERS AT MDRC AND ELSEWHERE CAN USE THE DATA FILE TO CONDUCT NEW TYPES OF CROSS-CUTTING ANALYSES. MDRC PLANS TO EXPAND THE DATABASE TO INCLUDE EVALUATIONS BY OTHER RESEARCHERS. IN SPRING 2020, THE CENTER FOR EMPLOYMENT OPPORTUNITIES (CEO) LAUNCHED RETURNING CITIZENS STIMULUS PROGRAM, WHICH PROVIDED ABOUT $25 MILLION IN CASH PAYMENTS TO 10,000 PEOPLE RETURNING TO THEIR COMMUNITIES FROM INCARCERATION DURING THE PANDEMIC. IN MID-2021, MDRC RELEASED A STUDY DOCUMENTING CEO'S SUCCESSFUL IMPLEMENTATION OF THE PROGRAM AND HOW THE CASH PAYMENTS IMPROVED THE LIVES OF RECIPIENTS. WE RELEASED A STUDY OF MATH ENRICHMENT IN PRESCHOOL AND KINDERGARTEN IN NEW YORK CITY. IT FOUND THAT CHILDREN WHO RECEIVED TWO YEARS OF EARLY MATH ENRICHMENT HAD IMPROVED MATH TEST SCORES IN THIRD GRADE. THE SIZE OF THE EFFECT IS EQUIVALENT TO CLOSING ABOUT 40 PERCENT OF THE ACHIEVEMENT GAP BETWEEN CHILDREN FROM FAMILIES WITH LOW INCOMES AND THEIR PEERS FROM FAMILIES WITH HIGHER INCOMES. WE PUBLISHED A NEW ANALYSIS OF THE EFFECTS OF THE CITY UNIVERSITY OF NEW YORK (CUNY) ACCELERATED STUDY IN ASSOCIATE PROGRAMS (ASAP) MODEL, EVALUATED FIRST IN NEW YORK AND LATER IN OHIO, SHOWED LONG-TERM EFFECTS IN NEW YORK ON DEGREES EARNED AND CONSISTENT EFFECTS IN BOTH STATES. MDRC RELEASED NEW BRIEFS IN OUR IDEAS AND EVIDENCE SERIES, WHICH PROVIDES POLICYMAKERS AND PRACTITIONERS WITH FACT-BASED RESEARCH AND ANALYSIS TO HELP THEM ADDRESS CRITICAL ISSUES IN SOCIAL POLICY AND EDUCATION. MDRC STAFF MEMBERS PUBLISHED COMMENTARIES ON A WIDE RANGE OF TOPICS, ALL HIGHLIGHTING EVIDENCE FOR POLICYMAKERS AND PRACTITIONERS TO USE, IN VENUES LIKE THE HILL, GOVERNING, GOVERNMENT EXECUTIVE, HECHINGER REPORT, THE CRIME REPORTER, ROUTE FIFTY, COMMUNITY COLLEGE DAILY, THE 74 MILLION, EARLY LEARNING NATION, AND HIGHER ED DIVE.
FORM 990, PART III, LINE 1 COVID-19 IMPACT STATEMENT: THE PANDEMIC CAUSED BY THE SARS COV-2 VIRUS AND ITS ASSOCIATED DISEASE COVID-19 LED TO A CHANGE IN WORK PRACTICES SINCE MARCH 2020; NAMELY MUCH WORK BEING DONE REMOTELY, WITH CONSEQUENT ADJUSTMENTS TO RESEARCH WORK RELATED TO INSTITUTIONS THAT NEEDED TO BE OPEN FOR IN-PERSON ACTIVITIES FOR THE WORK TO BE CONDUCTED. IN EARLY 2021, MDRC'S OFFICES WERE MADE AVAILABLE TO EMPLOYEES AND EMPLOYEES USED THE OFFICES AND BEGAN TO ENGAGE IN IN-PERSON RESEARCH ACTIVITIES AGAIN. MDRC CONTINUES TO MONITOR ITS INVESTMENT PORTFOLIO AND ITS LIQUIDITY AND IS ACTIVELY WORKING TO MINIMIZE ANY POTENTIAL LONG-TERM IMPACTS. MDRC IS ACTIVELY WORKING WITH ITS RESEARCH COLLABORATORS AND FUNDERS AND DOES NOT EXPECT AN ADVERSE EFFECT FROM THE PANDEMIC IN ITS FUTURE WORK. TO HELP SUSTAIN ITSELF DURING THE ECONOMIC DISRUPTION WROUGHT BY THE PANDEMIC, MDRC SOUGHT ECONOMIC ASSISTANCE FROM THE GOVERNMENT. THE PAYCHECK PROTECTION PROGRAM ESTABLISHED BY THE CARES ACT PROVIDES SMALL BUSINESSES WITH FUNDS TO PAY UP TO 24 WEEKS OF CERTAIN NECESSARY EXPENDITURES, INCLUDING PAYROLL COSTS, RENT, AND UTILITIES. MDRC RECEIVED A PAYCHECK PROTECTION PROGRAM FORGIVABLE LOAN OF $4,648,200 AND REPORTED THIS LOAN ON ITS BALANCE SHEET. THE ORGANIZATION APPLIED FOR FULL FORGIVENESS OF THE LOAN IN MAY OF 2021 AS IT MET ALL OF THE CRITERIA REQUIRED BY THE SMALL BUSINESS ADMINISTRATION TO OBTAIN FORGIVENESS. IN AUGUST 2021, THE LOAN WAS FULLY FORGIVEN, AND MDRC CREDITED THE FEDERAL GOVERNMENT FOR THE PORTION OF THE FORGIVEN LOAN THAT WAS USED TO COVER PAYROLL IN ACTIVITIES FUNDED BY THE FEDERAL GOVERNMENT. THE LOAN IS RECORDED AS GOVERNMENTAL GRANT REVENUE ON PART VIII, LINE 1(E) OF THE FORM 990.
FORM 990, PART VI, SECTION B, LINE 11B 990 REVIEW PROCESS THE FORM 990 REVIEW PROCESS AT MDRC INCLUDES AN INTERNAL REVIEW BY MDRC'S SENIOR VICE PRESIDENT/CHIEF FINANCIAL OFFICER AND PRESIDENT AS WELL AS EXTERNAL REVIEW BY GRANT THORNTON. THE FORM 990 IS THEN REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE FULL BOARD IS PROVIDED WITH A COPY OF THE FORM 990 PRIOR TO ITS BEING FILED WITH THE IRS. THE FULL BOARD DISCUSSES THE FORM 990 POST-FILING AT ITS SCHEDULED ANNUAL MEETING IN DECEMBER.
FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY ENFORCEMENT & MONITORING DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE STATEMENTS ARE REVIEWED BY THE CORPORATE SECRETARY AND THE PRESIDENT FOR ACTUAL OR POSSIBLE CONFLICTS OF INTEREST. IF ANY IS DISCLOSED, OR INFERRED, THESE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE CHAIRMAN OF THE BOARD. IN RESPONSE, THE CHAIRMAN MIGHT CONVENE A GROUP OF DISINTERESTED DIRECTORS TO DISCUSS AND ADDRESS THE CONFLICT. ALL EMPLOYEES, INCLUDING OFFICERS WHO ARE ALSO STAFF MEMBERS AND KEY EMPLOYEES, ARE REQUIRED TO READ AND SIGN A CODE OF ETHICS, WHICH INCLUDES INFORMATION ABOUT CONFLICTS OF INTEREST. ANNUALLY, EACH EMPLOYEE MUST SIGN A STATEMENT DISCLOSING THE PRESENCE OR ABSENCE OF CONFLICTS OF INTEREST ON BEHALF OF THE EMPLOYEE AND FAMILY MEMBERS. FAILURE TO DO SO CAN RESULT IN DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION. THESE STATEMENTS ARE REVIEWED BY THE HUMAN RESOURCES DEPARTMENT AND, AS APPROPRIATE, BY COUNSEL FOR DETERMINATION REGARDING ACTION THAT SHOULD FOLLOW THE REPORTING OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. IN ADDITION TO THE REQUIRED ANNUAL REPORT, ALL EMPLOYEES ARE INSTRUCTED BY THE CODE OF ETHICS THAT THEY HAVE A RESPONSIBILITY TO REPORT A VIOLATION OF THE CODE. EMPLOYEES CAN REPORT ANY SUCH VIOLATION TO MDRC SUPERVISORY PERSONNEL, THE HUMAN RESOURCES DEPARTMENT, OR TO AN INDEPENDENT ORGANIZATION, LIGHTHOUSE SERVICES, WHICH HOSTS AN ONLINE SITE AND TOLL-FREE NUMBER WHICH EMPLOYEES CAN USE TO MAKE COMPLAINTS ANONYMOUSLY OR IN IDENTIFIABLE FORM.
FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE FINANCE AND COMPENSATION COMMITTEE ("THE COMMITTEE") OF MDRC'S BOARD OF DIRECTORS ESTABLISHES EACH YEAR THE COMPENSATION AND BONUS PAYMENTS, IF ANY, FOR THE TOP PAID AND NEXT TOP PAID OFFICER OF THE ORGANIZATION BASED ON SURVEY INFORMATION PROVIDED TO THEM FROM BOTH INTERNAL AND EXTERNAL SOURCES. THE INDIVIDUALS AT THE END OF 2021 ARE DR. KNOX AND MR. AMADEO. EACH YEAR MDRC'S HUMAN RESOURCES FUNCTION CONDUCTS A REVIEW OF THE FORM 990 AND OTHER DOCUMENTS OF RESEARCH ORGANIZATIONS THAT PERFORM SIMILAR RESEARCH AS MDRC, TO ASCERTAIN THEIR PAY STRUCTURES FOR THE TOP AND SECOND TOP PAID OFFICERS, WHICH IS TYPICALLY THE CEO OR PRESIDENT AND THE COO/CFO. INCLUDED IN THIS SURVEY IS THE BASE SALARY AND BONUS PAYMENTS MADE TO THE TOP AND SECOND TOP PAID EXECUTIVES OF THESE OTHER POLICY RESEARCH FIRMS, ALONG WITH SUCH COMPARABLE FACTORS AS SIZE OF THE ORGANIZATION AS MEASURED BY HEADCOUNT AND OPERATING BUDGETS. THIS SURVEY INFORMATION IS SUPPLEMENTED BY COMPARABLE INFORMATION PROVIDED FROM AN EXTERNAL, THIRD PARTY CONSULTING FIRM CALLED THE NATIONAL THINK TANK COMPENSATION SURVEY (NTTC) CONDUCTED BY AKRON INCORPORATED, A WASHINGTON DC BASED COMPENSATION CONSULTING FIRM. THE NTTC COMPILES THE BASE SALARY AND BONUS PAYMENT INFORMATION PROVIDED BY SURVEY PARTICIPANTS AND DISPLAYS THE INFORMATION ANONYMOUSLY BY QUARTILE, LOCATION, AND FIRM SIZE (STATED IN TERMS OF EMPLOYEES AND BUDGET). SURVEY PARTICIPANT INCLUDE COMPETING POLICY RESEARCH ORGANIZATIONS, AS WELL AS FOUNDATIONS, ENDOWMENTS, AND UNIVERSITIES. THE RESULTS OF BOTH THE IN-HOUSE AND EXTERNAL SURVEYS AND COMPARISON OF FORM 990S FOR THOSE COMPARABLE NOT-FOR-PROFIT ORGANIZATIONS ARE PRESENTED TO THE COMMITTEE, WHICH THEN DELIBERATES, AND BASED ON THE INFORMATION PROVIDED, ESTABLISHES THE PAY LEVEL FOR MDRC'S PRESIDENT AND CHIEF FINANCIAL OFFICER. THE COMPENSATION OF THE PRESIDENT AND CHIEF FINANCIAL OFFICER IS APPROVED BY THE BOARD. PART VI, SECTION B LINE 15B PROCESS FOR DETERMINING COMPENSATION THE COMMITTEE ESTABLISHES COMPENSATION LEVELS FOR THE CHIEF FINANCIAL OFFICER, AS REQUIRED BY THE CALIFORNIA NONPROFIT INTEGRITY ACT OF 2004. COMPENSATION FOR THE REST OF THE OFFICERS AND EMPLOYEES IS BASED ON A RECOMMENDATION BY THE PRESIDENT TO THE COMMITTEE. THE RECOMMENDATION FROM THE PRESIDENT ESTABLISHES A MERIT AND BONUS POOL FOR THE COMING YEAR, BASED ON THE ORGANIZATION'S STANDARD PAY PRACTICE AS DESCRIBED BELOW. THE PRESIDENT SETS AND APPROVES THE SALARY LEVEL AND BONUS PAYMENTS FOR OFFICERS OTHER THAN THE CHIEF FINANCIAL OFFICER, AND FOR OTHER KEY EMPLOYEES. EACH YEAR, MDRC'S PRESIDENT RECOMMENDS TO THE BOARD A SALARY POOL FOR MERIT INCREASES AND DISCRETIONARY BONUSES TO BE PAID TO OTHER OFFICERS AND KEY EMPLOYEES IN THE ORGANIZATION. THE MERIT INCREASE AND BONUS POOLS ARE GENERALLY COMPETITIVE WITHIN THE TWO MARKETPLACES IN WHICH THE ORGANIZATION COMPETES FOR HUMAN TALENT (NEW YORK AND CALIFORNIA). THE PRESIDENT BASES THE RECOMMENDATION ON SURVEY INFORMATION PROVIDED BY THE ORGANIZATION'S HUMAN RESOURCES DEPARTMENT, WHICH IN TURN, OBTAINS LOCAL LABOR MARKET PAY PRACTICES FROM EXTERNAL THIRD PARTY CONSULTING FIRMS SUCH AS MERCER HUMAN RESOURCES CONSULTING AND TOWERS PERRIN COMPENSATION CONSULTING, AS WELL AS CONDUCTING A SURVEY OF PAY PRACTICES FROM OTHER POLICY RESEARCH ORGANIZATIONS. TYPICAL MERIT INCREASE POOLS IN RECENT YEARS HAVE BEEN IN THE FOUR PERCENT (4%) TO FIVE PERCENT (5%) RANGE. ONCE THE MERIT INCREASE POOL HAS BEEN ESTABLISHED AND APPROVED BY THE BOARD, MDRC ESTABLISHES EACH EMPLOYEE'S SALARY BASED ON TWO FACTORS: PERFORMANCE ON THE JOB DURING THE MOST RECENT CALENDAR YEAR (MDRC USES A FOUR TIER PERFORMANCE RATING SYSTEM), AND WHERE AN EMPLOYEE'S SALARY FALLS WITHIN THE SALARY RANGE ESTABLISHED FOR THEIR POSITION (CALLED A COMPA-RATIO). HOLDING PERFORMANCE CONSTANT, MDRC'S COMPENSATION SYSTEM PROVIDES A GREATER INCREASE IN SALARY TO THOSE EMPLOYEES WHO ARE LOW IN THEIR SALARY RANGES AND PROVIDES SMALLER INCREASES IN SALARY TO THOSE EMPLOYEES WHO ARE HIGH IN THEIR SALARY RANGES. SALARY RANGES ARE DETERMINED BY AN INTERNAL JOB EVALUATION COMMITTEE BASED ON JOB DESCRIPTIONS OF WORK PERFORMED, COUPLED WITH MARKET SALARY INFORMATION FROM THIRD PARTY SOURCES. THE SAME SALARY SYSTEM IS DEPLOYED FOR OTHER OFFICERS, KEY EMPLOYEES, AND THE GENERAL EMPLOYEE POPULATION OF THE ORGANIZATION.
FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS MDRC'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH THE MDRC WEBSITE AND A HARD COPY IS PROVIDED UPON REQUEST. MDRC'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE GENERALLY AVAILABLE TO THE PUBLIC UPON REQUEST.
PART VII-A LINE 1 - FORMER OFFICERS: VICE PRESIDENT, DIRECTOR OF DEPLOYMENT AND ACCOUNTABILITY, BARBARA GOLDMAN, IS REPORTED AS A FORMER OFFICER WITH A DEPATURE DATE OF DECEMBER 2021.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


Additional Data


Software ID:  
Software Version: