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

Media Development Investment Fund Inc.

Fiscal year ending 2020. Filed on November 1, 2021.

37 West 20th Street Suite 804
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 2020 IRS Form 990 filing, Media Development Investment Fund Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 15 total employees. Among the employees shown here, the average compensation is $196,748. The highest compensated employee at Media Development Investment Fund Inc. is Harlan Mandel with fiscal year 2020 compensation of $340,868.

Revenue, expenses, and employee compensation

Revenue

$10,012,583

Expenses

$11,535,736

Employee compensation

$4,377,685
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Harlan Mandel
Chief Executive Officer
$340,868
$270,816 No related comp$70,052
Teling Peterson
Chief Financial Officer
$249,764
$182,317 No related comp$67,447
Elena Popovic
General Counsel and Secretary
$220,576
$176,168 No related comp$44,408
Rashid Malik
Principal Investment Officer
$216,569
$158,834 No related comp$57,735
Kevin Brockland
Principal Investment Officer
$177,463
$135,022 No related comp$42,441
Patrice Schneider
Chief Strategy Officer
$159,978
$159,978 No related compNo other comp
Viviana Gonzalez
Investment Officer
$145,331
$119,472 No related comp$25,859
Bilal Randeree
Program Director
$133,180
$124,460 No related comp$8,720
Marie Nemcova
Chief Operating Officer
$127,000
$127,000 No related compNo other comp
Mohamed Nanabhay
Deputy Chief Executive Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Adriaan Stoop
Vice Chair
Alexej Fulmek
Director (Thru 8/20)
Catherine Gicheru
Director
James Egan
Director (Thru 6/20)
Kerstin Mogull
Director
Maria-Teresa Ronderos
Director
Nani Jansen
Director (Part-Year)
Richard Atterbury
Director
Sheila Coronel
Chair
Ying-Yuen Chan
Director (Thru 5/20)

Contractors

Nisalux Pty Ltd.
Consultant
$246,949
Pt Bintang Larasati Mitra Sentosa
Consultant
$133,475

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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