2022-11-11T14:00:40-06:00 2021-12-31 366055558 GRANT THORTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2021-01-01 237379473 MDRC MDRC 2125323200 200 VESEY STREET 23RD FLOOR NEW YORK NY 102812103 JESUS M AMADEO SR. VP & CFO 2125323200 2022-11-04 1 JESUS AMADEO XXX-XX-XXXX SCOTT THOMPSETT P00741490 2125990100 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z VIRGINIA KNOX PRESIDENT 200 VESEY STREET 23RD FLOOR NEW YORK NY 102812103 113396410 0 X WWW.MDRC.ORG X 1974 DE 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. 14 14 334 15 0 0 62468182 89213706 1312280 1435053 1799274 2487809 0 0 65579736 93136568 3925358 2958012 0 0 36553739 37479943 0 0 7941 25547195 34654322 66026292 75092277 -446556 18044291 118549591 143919606 33778745 37637344 84770846 106282262 X SEE SCHEDULE O 0 0 16783264 0 657814 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. 13466286 238665 549297 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. 9518011 2419629 28882 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. 20896952 299718 2512585 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. 20896952 299718 2512585 60664513 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 95 0 1 334 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA DC NY X JESUS AMADEO SR VP & CFO 2125323200 200 VESEY STREET 23RD FLOOR NEW YORK NY 102812103 X MARY JO BANE CHAIR 1.00 0.00 X 0 0 0 REBECCA BLANK TREASURER 1.00 0.00 X 0 0 0 ROBERT DENHAM DIRECTOR 1.00 0.00 X 0 0 0 AOIFINN DEVITT DIRECTOR 1.00 0.00 X 0 0 0 RONALD HASKINS DIRECTOR 1.00 0.00 X 0 0 0 HILARY HOYNES DIRECTOR 1.00 0.00 X 0 0 0 JAMES H JOHNSON DIRECTOR (THRU 08/2021) 1.00 0.00 X 0 0 0 LAWRENCE KATZ DIRECTOR 1.00 0.00 X 0 0 0 JOHN B KING JR DIRECTOR (THRU 04/2021) 1.00 0.00 X 0 0 0 MILTON J LITTLE JR DIRECTOR 1.00 0.00 X 0 0 0 BRIDGET TERRY LONG DIRECTOR 1.00 0.00 X 0 0 0 JOSH B MCGEE DIRECTOR 1.00 0.00 X 0 0 0 RICHARD J MURNANE DIRECTOR 1.00 0.00 X 0 0 0 ELOY ORTIZ OAKLEY DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL ROSTER DIRECTOR 1.00 0.00 X 0 0 0 ROBERT SOLOW CHAIRMAN EMERITUS (VOTING) 1.00 0.00 X 0 0 0 VIRGINIA W KNOX PRESIDENT 40.00 0.00 X 558565 0 46306 JESUS M AMADEO SR. VICE PRESIDENT & CFO 40.00 0.00 X 458462 0 37358 SHARON ROWSER THRU 072021 VICE PRESIDENT & DEP. DIR PRED 40.00 0.00 X 446787 0 9993 DAN J BLOOM SR. VICE PRESIDENT & DIR. PRED 40.00 0.00 X 326847 0 23817 ROSE KOB VICE PRESIDENT & GENERAL CNSEL 40.00 0.00 X 270365 0 15911 JOHN MARTINEZ AS OF 122021 VICE PRESIDENT & DIR. PROG. DEV. 40.00 0.00 X 239804 0 17276 JAMES A RICCIO PRINCIPAL RESEARCH FELLOW 40.00 0.00 X 278398 0 19181 CHARLES MICHALOPOULOS CHIEF ECONOMIST 40.00 0.00 X 271099 0 20736 PATRICIA WEISS HR DIRECTOR 40.00 0.00 X 268514 0 17172 JOHN HUTCHINS COMMUNICATIONS DIRECTOR 40.00 0.00 X 266008 0 18130 CAROLYN HILL SENIOR FELLOW 40.00 0.00 X 258035 0 18792 BARBARA GOLDMAN VP, DIR DEPLOYMENT & ACCOUNTABILITY 40.00 0.00 X 255562 0 16902 3898446 0 261574 101 1 1 0 MEF ASSOCIATES CANAL CENTER PLAZA ALEXANDRIA VA 22314 RESEARCH SUBCONTRACT 2369857 ABT ASSOCIATES INC 10 FAWCETT STREET CAMBRIDGE MA 02138 RESEARCH SUBCONTRACT 2334709 MATHEMATICA POLICY RESEARCH INC 600 ALEXANDER PARK PRINCETON NJ 08543 RESEARCH SUBCONTRACT 2021453 RTI INTERNATIONAL PO BOX 900002 RALEIGH NC 27675 RESEARCH SUBCONTRACT 1243545 THE COLERIDGE INITIATIVE INC 4511 DALTON ROAD CHEVY CHASE MD 20815 RESEARCH SUBCONTRACT 972477 33 50458080 38755626 89213706 MANAGEMENT FEES 900090 1435053 1435053 1435053 1526814 1526814 21220837 20259842 960995 960995 960995 93136568 1435053 0 2487809 2958012 2958012 2451491 844597 1603752 3142 272465 272465 25856472 20125676 5730796 1458782 1046551 412231 5226610 3898989 1326036 1585 2214123 1652119 562004 146644 146644 203168 203168 516438 516438 272887 266852 6035 4147898 3837251 308024 2623 3244459 2455664 788795 43455 35152 8303 252633 111925 140708 714668 535086 179509 73 272469 204003 68438 28 SUBCONTRACTOR EXPENSES 19006455 16614069 2392344 42 SITE PROGRAM PAYMENTS 2097856 2097856 SURVEY EXPENSES 1378900 1378900 COMMUNICATION EXPENSES 771840 614473 157367 1584552 1714873 -130769 448 75092277 60664513 14419823 7941 7487466 3974293 22916476 39205922 20904057 25110149 1148789 1757378 13025242 5459724 8278667 7565518 42243716 46215685 13311213 18756707 2259207 1333954 118549591 143919606 8732119 16083919 11410374 12811241 13636252 8742184 33778745 37637344 X 59477109 79806296 25293737 26475966 84770846 106282262 118549591 143919606 18044291 3467125 0 X 0 1 X 1 1 1 X 62938410 65542615 67945664 62468182 89213706 348108577 62938410 65542615 67945664 62468182 89213706 348108577 25909897 322198680 1567329 1720168 1936600 1209689 1526814 7960600 82159 56153 138312 356207489 9574723 0.90450 0.90990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42593632 8319132 1394722 49518042 38628656 5404557 1439581 42593632 35338197 5324803 2034344 38628656 37465989 -851877 1275915 35338197 32880037 4979020 393068 37465989 0.46530 0.18070 0.35390 0 0 12250992 4698328 7552664 774250 761396 12854 7565518 EQUITY LONG/SHORT 11000455 F MIDDLE MARKET LENDING 5081867 F PRIVATE EQUITY 1757439 F REAL ASSETS (LIMITED PSHIPS) 916946 F 18756707 DEFERRED RENT 7408230 457(B) PLAN LIABILITIES 1333954 8742184 X 96087255 3467125 3467125 92620130 516438 516438 93136568 74575839 0 74575839 516438 516438 75092277 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. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 16999268 EUROPE (INCLUDING ICELAND & GREENLAND) INVESTMENTS 1755445 0 0 0 0 0 0 18754713 0 18754713 1 0 1 1 1 0 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. 1 ASCEND STL INC 3520 PAGE BOULEVARD ST LOUIS MO 63106 431844396 501(C)(3) 75000 0 RESTRICTED PURPOSE A BAKERSFIELD COLLEGE KERN COMMUNITY COLLEGE DISTRICT 2100 CHESTER AVENUE BAKERSFIELD CA 93301 956006644 501(C)(3) 22900 0 RESTRICTED PURPOSE A CAMDEN COUNTY COLLEGE PO BOX 200 COLLEGE DRIVE BLACKWOOD NJ 08012 221821290 501(C)(3) 7500 0 RESTRICTED PURPOSE A CENTURY COLLEGE 3300 CENTURY AVENUE NORTH WHITE BEAR LAKE MN 55110 411687554 501(C)(3) 10000 0 RESTRICTED PURPOSE A CHAFFEY COMMUNITY COLLEGE DISTRICT 5885 HAVEN AVENUE RANCHO CUCAMONGA CA 917373002 956000558 501(C)(3) 20000 0 RESTRICTED PURPOSE A CHARLES STEWART MOTT COMMUNITY COLLEGE 140 E COURT STREET FLINT MI 48503 381914697 501(C)(3) 10000 0 RESTRICTED PURPOSE A CINCINNATI STATE TECHNICAL AND COMMUNITY COLLEGE 3520 CENTRAL PARKWAY CINCINNATI OH 45223 310784054 501(C)(3) 25000 0 RESTRICTED PURPOSE A COAHOMA COMMUNITY COLLEGE & EARLY COLLEGE HIGH SCHOOL 3240 FRIARS POINT ROAD CLARKSDALE MS 38614 640437624 501(C)(3) 7500 0 RESTRICTED PURPOSE A COMMUNITY COLLEGE OF BALTIMORE COUNTY FOUNDATION INC 7201 ROSSVILLE BOULEVARD BALTIMORE MD 212373899 203246676 501(C)(3) 75000 0 RESTRICTED PURPOSE A DALLAS COLLEGE 4343 IH-30 MESQUITE TX 75150 751213149 501(C)(3) 7500 0 RESTRICTED PURPOSE A ESSEX COUNTY COLLEGE 303 UNIVERSITY AVENUE NEWARK NJ 07102 221821292 501(C)(3) 20000 0 RESTRICTED PURPOSE A HENRY FORD COLLEGE 5101 EVERGREEN RD DEARBORN MI 48128 200027170 501(C)(3) 10000 0 RESTRICTED PURPOSE A HOUSING AUTHORITY OF BALTIMORE CITY 417 E FAYETTE ST BALTIMORE MD 21202 526000889 501(C)(3) 361847 0 RESTRICTED PURPOSE A HOUSTON HOUSING AUTHORITY 2640 FOUNTAIN VIEW DRIVE HOUSTON TX 77057 746001238 501(C)(3) 1623175 0 RESTRICTED PURPOSE A HUDSON COUNTY COMMUNITY COLLEGE 26 JOURNAL SQUARE JERSEY CITY NJ 07306 222045990 501(C)(3) 7500 0 RESTRICTED PURPOSE A IVY TECH COMMUNITY COLLEGE OF INDIANA 50 W FALL CREEK PARKWAY NORTH DR INDIANAPOLIS IN 46208 351180631 501(C)(3) 60000 0 RESTRICTED PURPOSE A JF DRAKE STATE COMMUNITY & TECHNICAL COLLEGE 3421 MERIDIAN STREET NORTH HUNTSVILLE AL 35811 630439942 501(C)(3) 7500 0 RESTRICTED PURPOSE A LORAIN COUNTY COMMUNITY COLLEGE 1005 NORTH ABBE ROAD ELYRIA OH 44035 340930187 501(C)(3) 6000 0 RESTRICTED PURPOSE A MAYOR'S FUND TO ADVANCE NEW YORK CITY 253 BROADWAY 6TH FLOOR NEW YORK NY 10007 133783906 501(C)(3) 110000 0 RESTRICTED PURPOSE A MERCER COUNTY COMMUNITY COLLEGE 1200 OLD TRENDTON ROAD WEST WINDSOR NJ 08550 221804242 501(C)(3) 7500 0 RESTRICTED PURPOSE A METROPOLITAN MILWAUKEE FAIR HOUSING COUNCIL INC 759 N MILWAUKEE STREET SUITE 500 MILWAUKEE WI 53202 391286685 501(C)(3) 155110 0 RESTRICTED PURPOSE A MIDDLESEX COUNTY COLLEGE 2600 WOODBRIDGE AVENUE EDISON NJ 088183050 221769370 501(C)(3) 10000 0 RESTRICTED PURPOSE A NEW JERSEY COUNCIL OF COUNTY COLLEGES 330 WEST STATE STREET TRENTON NJ 08618 223085497 501(C)(3) 10000 0 RESTRICTED PURPOSE A OFFICE OF CHILD SUPPORT SERVICES CUYAHOGA JOB AND FAMILY SERVICES 1640 SUPERIOR AVENUE CLEVELAND OH 44114 346000817 501(C)(3) 123665 0 RESTRICTED PURPOSE A OWENS STATE COMMUNITY COLLEGE PO BOX 10000 TOLEDO OH 43699 341059164 501(C)(3) 64248 0 RESTRICTED PURPOSE A PASSAIC COUNTY COMMUNITY COLLEGE 1 COLLEGE BOULEVARD PATERSON NJ 07505 221907901 501(C)(3) 20000 0 RESTRICTED PURPOSE A RESEARCH FOUNDATION OF CUNY 230 WEST 41ST STREET 7TH FLOOR NEW YORK NY 10036 131988190 501(C)(3) 18567 0 RESTRICTED PURPOSE A ROWAN COLLEGE AT BURLINGTON COUNTY 900 COLLEGE CIRCLE MT LAUREL NJ 08054 221825538 501(C)(3) 7500 0 RESTRICTED PURPOSE A STARK STATE COLLEGE 6200 FRANK AVE NW NORTH CANTON OH 44720 341055865 501(C)(3) 30000 0 RESTRICTED PURPOSE A STATE COUNCIL OF HIGHER EDUCATION FOR VIRGINIA 101 N 14TH STREET 10TH FLOOR RICHMOND VA 23219 546020516 501(C)(3) 15000 0 RESTRICTED PURPOSE A TRINITY VALLEY COMMUNITY COLLEGE 100 CARDINAL DRIVE ALTHENS TX 75751 756001769 501(C)(3) 7500 0 RESTRICTED PURPOSE A UNION COUNTY COLLEGE 1033 SPRINGFIELD AVENUE CRANFORD NJ 07016 221515225 501(C)(3) 7500 0 RESTRICTED PURPOSE A 32 0 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. X X X X X 1 0 0 0 0 0 0 1 0 VIRGINIA W KNOX PRESIDENT 526884 0 31681 0 0 0 46306 0 0 0 604871 0 0 0 JESUS M AMADEO SR. VICE PRESIDENT & CFO 441852 0 16610 0 0 0 37358 0 0 0 495820 0 0 0 SHARON ROWSER THRU 072021 VICE PRESIDENT & DEP. DIR PRED 298921 0 0 0 147866 0 9526 0 467 0 456780 0 0 0 DAN J BLOOM SR. VICE PRESIDENT & DIR. PRED 326847 0 0 0 0 0 23817 0 0 0 350664 0 0 0 JAMES A RICCIO PRINCIPAL RESEARCH FELLOW 278148 0 0 0 250 0 19181 0 0 0 297579 0 0 0 CHARLES MICHALOPOULOS CHIEF ECONOMIST 270849 0 0 0 250 0 19736 0 1000 0 291835 0 0 0 ROSE KOB VICE PRESIDENT & GENERAL CNSEL 252474 0 17891 0 0 0 15911 0 0 0 286276 0 0 0 PATRICIA WEISS HR DIRECTOR 268012 0 0 0 502 0 17172 0 0 0 285686 0 0 0 JOHN HUTCHINS COMMUNICATIONS DIRECTOR 263841 0 0 0 2167 0 17651 0 479 0 284138 0 0 0 CAROLYN HILL SENIOR FELLOW 257785 0 0 0 250 0 16042 0 2750 0 276827 0 0 0 BARBARA GOLDMAN VP, DIR DEPLOYMENT & ACCOUNTABILITY 255312 0 0 0 250 0 16902 0 0 0 272464 0 0 0 JOHN MARTINEZ AS OF 122021 VICE PRESIDENT & DIR. PROG. DEV. 239804 0 0 0 0 0 16580 0 696 0 257080 0 0 0 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. 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.