Grantmaking public charityEIN 237348220
NATIONAL MINORITY SUPPLIER DEVELOPMENT
NEW YORK, NY 10018
Total Assets
$10.8M
FY 2024
Annual Giving
—
FY 2024
Grants Made
0
FY 2024
Avg Grant
—
FY 2024
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$7.2MAnnual conference & exchange: connects nmsdc-certified minority business enterprises (mbes) with national/local corporate members, government entities, nonprofits, and other buyers to increase the inclusion of mbes in the u.s. Supply chain. Additionally, mbes are connected to education, capital, contracts, and other growth and development activities to ensure mbes are poised and ready to enter and expand their presence in the u.s. Supply chain, while national/local corporate members are connected to education on how to expand their supplier diversity programs.
Program 2
$4.3M"corporate success, mbe services & programs:centers of excellence certificate program: a 12-month innovative and rigorous diverse vendor business development initiative to facilitate the development and growth of nmsdc-certified mbes with $1 million to less than $10 million in sales to become more prepared to compete effectively and win larger contracts with corporations, anchor institutions, and government agencies.acres: cultivating equity in black agriculture: a 12-week program designed to help black minority business enterprises (mbes) in the agriculture industry grow their capacity to take on major national contracts with nmsdc corporate members.nmsdc cyberpro training network: an extensive training curriculum designed for small and medium-sized businesses, helping them establish a prioritized security program for resilience against cyber-attacks.emerging young entrepreneurs program: a year-long program created to support gen z and millennial minority entrepreneurs between the ages of 19-35.mbe center for accelerated growth, innovation, and resiliency: a new transformation center, funded in part by the minority business development agency (mbda) capital readiness grant, to deliver comprehensive contract and capital readiness programming nationally through the nmsdc network. The program brings together network members as well as leading minority business nonprofits and government agencies committed to scaling mbes.capital managers program: a transformative initiative that unlocks a gateway to the resources and support system critical for achieving entrepreneurial dreams. Nmsdc has created a comprehensive database of capital firms with an ethnic minority founder and/or a focus on the minority business ecosystem."
Program 3
$3.5MMinority business economic forum: connects the most influential policymakers, academics, business, and community leaders in the u.s. To discuss the systemic barriers mbes face in growing their businesses and creating generational wealth. This event provides a unique opportunity to propose solutions to overcome those barriers and promote an inclusive economy that works for all.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$29.7M
Total Expenses
$31.7M
Giving Over Time
3 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
60 grants
Grant Size Distribution
60 grants
Geographic Focus
18 states
+8 more states
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