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MFDF strengthens the expertise of independent directors through education and peer-to-peer networking and represents their perspectives within the industry, all in service of effective fund oversight.
Source: IRS Form 990 (Tax Year 2025)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$3.3M
Program Spending
88%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$3.1M
Total Assets
$8.1M
Total Liabilities
▼$2.3M
Net Assets
$5.8M
Officer Compensation
→$852.2K
Other Salaries
$919.8K
Investment Income
$313.1K
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $3.3M | $0 | $3.1M | $8.1M | $5.8M |
| 2023IRS e-File | $3.1M | $0 | $2.9M | $8.1M | $5.6M |
| 2022 | $2.8M | $0 | $2.5M | $6.3M | $4.5M |
| 2021 | $2.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2025 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2024 | 990 | DataIRS e-File | |
| 2023 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Carolyn Mcphillips | President | 40 | $466.2K | $0 | $35.6K | $501.8K |
| David Smith Jr | Evp/gen Counsel/secretary | 20 | $284.5K | $0 | $17K | $301.5K |
| Andrew Buddy Donohue Jr | Chair | 1 | $0 | $0 | $0 | $0 |
| Steve Byers | Treasurer | 1 | $0 | $0 | $0 | $0 |
Carolyn Mcphillips
President
$501.8K
Hrs/Wk
40
Compensation
$466.2K
Related Orgs
$0
Other
$35.6K
David Smith Jr
Evp/gen Counsel/secretary
$301.5K
Hrs/Wk
20
Compensation
$284.5K
Related Orgs
$0
Other
$17K
Andrew Buddy Donohue Jr
Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Steve Byers
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dianne Descoteaux | Sr. Counsel | 40 | $302.7K | $0 | $43.6K | $346.2K |
| Sara Vargo | Counsel | 40 | $253.7K | $0 | $24.9K | $278.7K |
| Young Hee Kim | Chief Of Staff | 40 | $187.6K | $0 | $33.4K |
Dianne Descoteaux
Sr. Counsel
$346.2K
Hrs/Wk
40
Compensation
$302.7K
Related Orgs
$0
Other
$43.6K
Sara Vargo
Counsel
$278.7K
Hrs/Wk
40
Compensation
$253.7K
Related Orgs
$0
Other
$24.9K
Young Hee Kim
Chief Of Staff
$221K
Hrs/Wk
40
Compensation
$187.6K
Related Orgs
$0
Other
$33.4K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Angela Brock-Kyle | Director | 1 | $0 | $0 | $0 | $0 |
| Dina Tantra | Director | 1 | $0 | $0 | $0 | $0 |
| Jane Carlin | Director | 1 | $0 | $0 | $0 | $0 |
| Lloyd Wennlund | Director | 1 | $0 | $0 | $0 | $0 |
| Mindy Posoff | Director | 1 | $0 | $0 | $0 | $0 |
| Peter Gerald Malone | Director |
Angela Brock-Kyle
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dina Tantra
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jane Carlin
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $0 |
| $1.8M |
| $5.7M |
| $4.1M |
| 2020 | $2.7M | $0 | $2.5M | $4.8M | $3.2M |
| 2019 | $2.5M | $2.4M | $2.3M | $4.4M | $4.2M |
| 2018 | $2.5M | $2.3M | $2.4M | $4M | $4M |
| 2017 | $2.4M | $2.3M | $2.3M | $4M | $3.9M |
| 2016 | $2.4M | $2.3M | $1.9M | $3.8M | $3.8M |
| 2015 | $2.2M | $2M | $1.7M | $3.3M | $3.2M |
| 2014 | $1.9M | $1.7M | $1.5M | $2.8M | $2.8M |
| 2013 | $1.6M | $1.5M | $1.6M | $2.4M | $2.3M |
| 2012 | $1.6M | $1.5M | $1.6M | $2.4M | $2.3M |
| 2022 | 990 | Data |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | — |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| $221K |
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Rob Helm | Director | 1 | $0 | $0 | $0 | $0 |
| Ron Parker | Director | 1 | $0 | $0 | $0 | $0 |
| Sanjeev Handa | Director | 1 | $0 | $0 | $0 | $0 |
| Sidney Harris Retired December 2024 | Director | 1 | $0 | $0 | $0 | $0 |
Lloyd Wennlund
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mindy Posoff
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Peter Gerald Malone
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rob Helm
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Ron Parker
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sanjeev Handa
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sidney Harris Retired December 2024
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0