Funder DirectoryNATIONAL MINORITY SUPPLIER DEVELOPMENT
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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

$7.2M

Annual 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

$3.5M

Minority 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

ArtsCulture & Humanities

Financial Snapshot

2024 filing

Total Revenue

$29.7M

Total Expenses

$31.7M

Giving Over Time

3 years

Giving over time from 2021 to 2023. Peak $1.4M in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

60 grants

Grant Size Distribution

60 grants

<$10K
38
grants
$10–50K
21
grants
$50–250K
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

18 states

New York
$970K
59% of total
Michigan
$114K
7% of total
North Carolina
$90K
6% of total
Indiana
$69K
4% of total
Georgia
$64K
4% of total
Illinois
$54K
3% of total
Ohio
$50K
3% of total
Colorado
$35K
2% of total
Texas
$30K
2% of total
Kentucky
$30K
2% of total

+8 more states

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