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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Media Development Investment Fund Inc.

Media Development Investment Fund Inc.

Fiscal year ending 2019. Filed on November 13, 2020.

37 West 20th Street Suite 801
New York, New York 10011

Media Development Investment Fund Inc. (EIN: 13-4052259) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Media Development Investment Fund Inc., a 501(c)(3) charitable organization, reported compensation for 11 out of 15 total employees. Among the employees shown here, the average compensation is $193,211. The highest compensated employee at Media Development Investment Fund Inc. is Harlan Mandel with fiscal year 2019 compensation of $313,796.

Revenue, expenses, and employee compensation

Revenue

$7,031,987

Expenses

$9,925,742

Employee compensation

$3,943,734
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Harlan Mandel
Chief Executive Officer
$313,796
$249,820 No related comp$63,976
Kihara Kiarie
Chief Investment Officer
$260,698
$194,734 No related comp$65,964
Teling Peterson
Chief Financial Officer
$217,584
$170,302 No related comp$47,282
Elena Popovic
General Counsel and Secretary
$205,918
$164,719 No related comp$41,199
Rashid Malik
Principal Investment Offic
$202,700
$149,735 No related comp$52,965
Mari Budesa
CFO (Thru 12/31/18)
$176,778
$172,370 No related comp$4,408
Kevin Brockland
Investment Officer
$158,418
$119,920 No related comp$38,498
Partice Schneider
Chief Strategy Officer
$145,554
$145,554 No related compNo other comp
Marie Nemcova
Chief Operating Officer
$130,765
$130,765 No related compNo other comp
Bilal Randeree
Program Director
$119,900
$119,900 No related compNo other comp
Mohamed Nanabhay
Deputy Chief Executive Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Adriaan Stoop
Director
Alexej Fulmek
Director
Bernard Poulet
Chairman (Thru 4/19)
James Egan
Director
Nani Jansen
Director
Richard Atterbury
Director
Sheila Coronel
Chair (Since 4/19)
Ying-Yuen Chan
Director

Contractors

Nisalux Pty Ltd.
Consultant
$234,061
Pt Bintang Larasati Mitra Sentosa
Consultant
$132,015

Mission Statement

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

Revisions to this organization profile

November 17, 2025:
2024 Media Development Investment Fund Inc. 990 filed
November 15, 2024:
2023 Media Development Investment Fund Inc. 990 filed
November 16, 2023:
2022 Media Development Investment Fund Inc. 990 filed

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