MDC Today Family Foundation Inc

ALPHARETTA, GA EIN: 20-4009968

MDC Today Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALPHARETTA, GA. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $224K in total assets. In 2021, it awarded 5 grants totaling $116K. Net investment income was $50K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$224K

-18.6% YoY

Annual Giving

$116K

+373.3% YoY

Grant Count

+400.0% YoY

Avg Grant Size

$23K

-5.3% YoY

Under IRS private-foundation payout rules, MDC Today Family Foundation Inc reported a distributable amount of $9K for 2021 — the minimum it must pay out in qualifying distributions.

About MDC Today Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $139K (99%)

Texas $1K (1%)

States

Georgia Texas

Cities

AlpharettaBufordPlanoSmyrnaVidalia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	$223,959	$275,172
Revenue	$63,238	$22,562
Expenses	$117,905	$25,748
Qualifying Distributions	$117,186	—
Net Investment Income	$50,319	—
Distributable Amount	$8,972	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2021

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include MDC Today Foundation ($73,637), Mike Hurst ($30,000), Eyes of Love Lighthouse Mission ($6,000).

Recipient	Purpose	Amount
MDC Today Foundation Alpharetta, GA	General Support	$73,637
Mike Hurst Smyrna, GA	Benevolence	$30,000
Eyes of Love Lighthouse Mission Buford, GA	General Support	$6,000
Betty Dixon Vidalia, GA	Benevolence	$5,000
East West Ministries Plano, TX	General Support	$1,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
Daniel J McSwain	Trustee & President	5	—
Robert K McSwain	Trustee & Vice-President	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is MDC Today Family Foundation Inc?

MDC Today Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALPHARETTA, GA. It holds $224K in total assets as of 2021.

How large is MDC Today Family Foundation Inc?

As of 2021, MDC Today Family Foundation Inc holds $224K in total assets with $63K in annual revenue. It awarded 5 grants totaling $116K in 2021.

Where does MDC Today Family Foundation Inc operate?

MDC Today Family Foundation Inc has awarded grants in Georgia, Texas.

What size grants does MDC Today Family Foundation Inc award?

In 2021, MDC Today Family Foundation Inc awarded 5 grants totaling $116K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is MDC Today Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, MDC Today Family Foundation Inc reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is MDC Today Family Foundation Inc's EIN?

MDC Today Family Foundation Inc's EIN (Employer Identification Number) is 20-4009968. IRS Form 990 filing data is available on this page for 2020–2021.