NonprofitsManagement Leadership For Tomorrow

Education

Management Leadership For Tomorrow

BETHESDA, MD

Total revenue

$41.9M

Total expenses

$41.1M

Net assets

$39.6M

Grants received

$55.5M

145 grants

EIN

521795164

Tax year

2024

Mission

See part iii, line 1.

Programs

2 programs

Maximizing career trajectories to expand economic opportunitygetting a great first job is an important start, but thriving from there requires steadily building the experiences, mentors, and networks required to advance. Mlt stays with individuals throughout their careers, helping them maintain positive earnings trajectories and maximize their leadership influence in areas like hiring, promotion, investment, and other decisions that have the potential to expand economic opportunity for others. Over 1,000 mlt alumni have ascended to senior leadership positions and there are over 15,000 mlt rising leaders coming up behind them.

Expenses: $7.8M

Improving employer practices to expand economic opportunitymlt is a key talent source and trusted advisor to over 200 major employers that collectively employ over 7 million americans. Mlt's insights, frameworks, and best practices help employers significantly expand their hiring pipelines, improve the way they develop their next generation of leaders, implement more meritocratic talent evaluation practices, improve their pay and benefits practices to better serve all employees, and much more.

Expenses: $4.4M

Financials

FY 2024

Revenue

Contributions & grants$36.5M
Program service revenue$4.8M
Investment income$556K
Other revenue
Total revenue$41.9M

Expenses

Grants paid
Salaries & benefits$27.2M
Fundraising$2.6M
Other expenses$13.9M
Total expenses$41.1M
Total assets$43.2M
Net assets$39.6M

People

26 listed

NameRoleCompensation

E JOHN RICE

CEO

Board

$397K

40 hrs/wk

CASEY RECUPERO

VP & CHIEF OPERATIONS OFFICER

Board

$296K

40 hrs/wk

WILBUR PRIESTER

VP & CHIEF FINANCIAL OFFICER

Board

$285K

40 hrs/wk

CRISTAL BARON

VP & CHIEF ADVANCEMENT OFFICER

Board

$262K

40 hrs/wk

ANDREW FLORANCE

BOARD MEMBER

Board

2 hrs/wk

TYLER DICKSON

BOARD MEMBER

Board

2 hrs/wk

SUSAN SCHUMAN

BOARD MEMBER

Board

2 hrs/wk

CHRISTY HAUBEGGER

BOARD MEMBER

Board

2 hrs/wk

DAVID CARLOCK

BOARD MEMBER

Board

2 hrs/wk

DAVID DEWILDE

BOARD MEMBER

Board

2 hrs/wk

FRANCES MESSANO

BOARD MEMBER

Board

2 hrs/wk

IME ARCHIBONG

BOARD MEMBER

Board

2 hrs/wk

JOHN LEGEND

BOARD MEMBER

Board

2 hrs/wk

KEN COLEMAN

BOARD MEMBER

Board

2 hrs/wk

MAC LAFOLLETTE

BOARD MEMBER

Board

2 hrs/wk

MARC JONES

BOARD MEMBER

Board

2 hrs/wk

MATT HALPRIN

BOARD MEMBER

Board

2 hrs/wk

MICHAEL RYAN

BOARD MEMBER

Board

2 hrs/wk

KRISTINA GILBERT

VP & CHIEF ADVISORY OFFICER

Staff

$284K

40 hrs/wk

KEVIN DONAHUE

VP & CHIEF STRATEGY OFFICER

Staff

$267K

40 hrs/wk

KEVIN WILLIAMS

MD, PE & ALT ASSETS FELLOWS

Staff

$259K

40 hrs/wk

MELISSA BOASBERG

VP, CHIEF OF STAFF

Staff

$248K

40 hrs/wk

WILLIAM GILDEA

VP & CHIEF PARTNERSHIPS OFFICER

Staff

$244K

40 hrs/wk

DAMIAN SACCOCIO

VP & CHIEF TECHNOLOGY OFFICER

Staff

$236K

40 hrs/wk

MARK TAGUCHI

VP & CHIEF STARTUPS AND IMPACT OFFICER

Staff

$232K

40 hrs/wk

SHARTOYEA SCOTT DIXON

VP & CHIEF PROGRAMS OFFICER

Staff

$225K

40 hrs/wk

Independent contractors

LIVEWORKSTRATEGIZE LLC

CAREER ADVANCEMENT SUPPORT

$308K

JONAH EDELMAN

RACIAL EQUITY AT WORK

$263K

DARYL M DICKSON PHD

OFFICE OF THE CEO SUPPORT

$238K

BERKELEY COACHING INSTITUTE LLC

SENIOR LEADER FELLOWSHIP

$233K

BORIS GUEVARA MOYSTON

CONSULTANT FOR MLT STARTUP & IMPACT FUND

$181K

Grants received

Showing 145 of 145

FromAmountPurposeYear
$1M
MEDICAL / PUBLIC SERVICES
2024
$600K
Program Grant
2024
$250K
MLT IS A NATIONAL NONPROFIT ORGANIZATION TACKLING THE UNDERLYING, BUT TYPICALLY OVERLOOKED ECONOMIC LEVERS CRITICAL TO ADVANCING RACIAL EQUITY AND SOCIAL JUSTICE IN AMERICA. BY EXPANDING ECONOMIC MOBILITY AND TRANSFORMING THE CAREER TRAJECTORIES OF PEOPLE OF COLOR, WHILE ALSO STANDARDIZING AND SCALING RACIALLY EQUITABLE EMPLOYER PRACTICES, MLT CLOSES THE RACIAL WEALTH GAPS THAT UNDERPIN THE BROADER ... PROGRAM FOR UNDERGRADUATE BLACK, HISPANIC AND NATIVE AMERICAN STUDENTS. MLT PROVIDES CP FELLOWS WITH A WINNING CAREER PLAYBOOK, PROFESSIONAL ONE-ON-ONE COACHING, AND AN ACCELERATING NETWORK OF 10,000 MLT ALUMNI AND EXECUTIVES FROM 200 MLT EMPLOYER PARTNERS.
2024
$250K
PROGRAM SUPPORT/PROJECT SUPPORT
2024
$175K
TO SUPPORT MAKING THE COLLEGE-TO-CAREER TRANSITION WORK FOR A CRITICAL MASS OF SOUTH BAY STUDENTS OF COLOR TO ENSURE THAT COLLEGE DELIVERS ON ITS PROMISE OF LASTING ECONOMIC MOBILITY.
2024
$125K
FOR GENERAL SUPPORT.
2024
$75K
UNRESTRICTED GENERAL SUPPORT
2024
$50K
CHARITABLE GRANT
2024
$25K
FOR THE PRIVATE EQUITY ACCELERATOR PROGRAM
2024
$3K
MATCHING GIFT
2024
$1K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$500
MATCHING GIFTS
2024
$3M
EDUCATION
2023
$1.0M
For grant recipient's exempt purposes
2023
$1.0M
SUPPORT COLLEGE TO CAREER TRAINING PROGRAM
2023
$1M
MLT ASCEND INITIATIVE
2023
$750K
TO PROVIDE EDUCATION AND SKILL DEVELOPMENT FOR HISTORICALLY UNDERREPRESENTED PEOPLE IN THE TECH SECTOR.
2023
$500K
TO SUPPORT CAREER ADVISING AND COACHING FOR SAN FRANCISCO STUDENTS
2023
$500K
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
2023
$175K
TO SUPPORT MAKING THE COLLEGE-TO-CAREER TRANSITION WORK FOR A CRITICAL MASS OF SOUTH BAY STUDENTS OF COLOR TO ENSURE THAT COLLEGE DELIVERS ON ITS PROMISE OF LASTING ECONOMIC MOBILITY.
2023
$125K
FOR GENERAL SUPPORT.
2023
$100K
FURTHER CHARITABLE GOALS
2023
$55K
UNRESTRICTED GENERAL SUPPORT
2023
$50K
CHARITABLE GRANT
2023
$50K
Operating Support/Annual Fund
2023
$43K
MLT Partnership fund
2023
$30K
PUBLIC/SOCIETY BENEFIT
2023
$10K
HUMAN SERVICES
2023
$10K
GENERAL OPERATING SUPPORT
2023
$10K
GENERAL PURPOSES
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$5K
CHARITABLE
2023
$3K
MATCHING GIFT
2023
$2K
MATCHING GIFT
2023
$1K
MATCHING GIFTS
2023
$1K
GENERAL OPERATING SUPPORT
2023
$500
PROFESSIONAL
2023
$1.2M
TO SUPPORT SCALING PLAN
2022
$893K
Program Grant
2022
$760K
MLT ASCEND INITIATIVE
2022
$408K
For grant recipient's exempt purposes
2022
$250K
CORE SUPPORT FOR ITS BLACK EQUITY AT WORK CERTIFICATION PROGRAM TO HELP COMPANIES IMPROVE THEIR IMPACTS ON BLACK WORKERS, SUPPLIERS AND COMMUNITIES
2022
$250K
MAKING THE COLLEGE-TO-CAREER TRANSITION WORK FOR A CRITICAL MASS OF SOUTH BAY STUDENTS OF COLOR TO ENSURE THAT COLLEGE DELIVERS ON ITS PROMISE OF LASTING ECONOMIC MOBILIY
2022
$200K
FURTHER CHARITABLE GOALS
2022
$150K
GENERAL OPERATING SUPPORT
2022
$100K
PROGRAM/OPERATING SUPPORT
2022
$55K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$55K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$54K
ADVISED - FOR GENERAL OPERATING SUPPORT.
2022
$50K
Workforce Development
2022
$50K
Operating Support/Annual Fund
2022
$25K
BACK TO SCHOOL GIVES
2022
$20K
UNRESTRICTED GENERAL SUPPORT
2022
$11K
GENERAL SUPPORT
2022
$10K
Directed Grant
2022
$4K
CHARITABLE
2022
$3K
MATCHING GIFT
2022
$875
CHARITABLE DONATION
2022
$650
MATCHING GIFTS
2022
$513
GENERAL PURPOSE
2022
$300
CHARITABLE
2022
$50
GENERAL SUPPORT
2022
$50
VOLUNTEER PROGRAM
2022
$2.2M
TO SUPPORT SCALING PLAN
2021
$1.2M
For grant recipient's exempt purposes
2021
$1.2M
For grant recipient's exempt purposes
2021
$500K
to support MLT Black Equity at Work Certification, a new initiative to drive action and accountability on Black equity in corporate America.
2021
$500K
to support MLT Black Equity at Work Certification a new initiative to drive action and accountability on Black equity in corporate America
2021
$305K
SOFTWARE ENGINEERING EDUCATION PROGRAM FOR STUDENTS OF COLOR
2021
$100K
Contribution
2021
$60K
OPERATING SUPPORT
2021
$10K
Operating Support/Annual Fund
2021
$1K
GENERAL OPERATING SUPPORT
2021
$15M
PUBLIC, SOCIETAL BENEFIT
2020
$8M
TO SUPPORT SCALING PLAN
2020
$4.7M
For grant recipient's exempt purposes
2020
$525K
MEDICAL / PUBLIC SERVICES
2020
$500K
General Support
2020
$500K
IN SUPPORT OF PROGRAMS ENHANCING ECONOMIC EMPOWERMENT IN BLACK COMMUNITIES
2020
$400K
JOBS INITIATIVE
2020
$400K
SCALE SOFTWARE ENGINEERING EDUCATION PROGRAM AND BOLSTER SUPPORT FOR STUDENTS OF COLOR
2020
$350K
MLT ASCEND INITIATIVE
2020
$150K
OPERATIONS
2020
$100K
General Support
2020
$81K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$75K
General Support
2020
$60K
OPERATING SUPPORT
2020
$50K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2020
$50K
TO ADDRESS THE IMPACT OF SYSTEMIC INEQUALITY
2020
$25K
AN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE.
2020
$15K
MLT PROGRAM AT THE UNIVERSITY OF WASHINGTON
2020
$12K
Matching Gift
2020
$10K
GENERAL OPERATING SUPPORT
2020
$10K
Annual contribution
2020
$10K
General support
2020
$10K
UNRESTRICTED GENERAL SUPPORT
2020
$10K
FOR CAREER PREP PROGRAM
2020
$10K
Operating Support/Annual Fund
2020
$1K
EXECUTIVE MATCHING GIFT PROGRAM
2020
$175
GENERAL SUPPORT
2020
$165
GENERAL PURPOSE
2020
$160
GENERAL OPERATING SUPPORT
2020
$130
EMPLOYER MATCHING GIFT PROGRAM
2020
$100
For general support as part of the matching gift or directed giving program
2020
$135K
For grant recipient's exempt purposes
2019
$15K
Unrestricted
2019
$15K
PUBLIC, SOCIETAL BENEFIT
2019
$10K
Operating Support/Annual Fund
2019
$1K
GENERAL CONTRIBUTION
2019
$610
GENERAL OPERATING SUPPORT
2019
$100
GENERAL SUPPORT
2019
$157K
For grant recipient's exempt purposes
2018
$15K
General Support
2018
$1K
GENERAL OPERATING SUPPORT
2018
$300
PROGRAM/OPERATING SUPPORT
2018
$36K
INTERNATIONAL
2017
$22K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$55.5M from 75 funders · 145 grants · 2017–2024

National Philanthropic Trust

$15.1M · 4 grants · 2017–2023

Blue Meridian Partners Inc

$11.4M · 3 grants · 2020–2022

Fidelity Investments Charitable Gift Fund

$8.8M · 8 grants · 2017–2023

Pwc Foundation Inc

$3M · 1 grant · 2023

Citi Foundation

$2.1M · 3 grants · 2020–2023

Gs Donor Advised Philanthropy Fund

$1.5M · 2 grants · 2020–2024

NEO Philanthropy Inc

$1.5M · 2 grants · 2022–2024

Sergey Brin Family Foundation

$1.2M · 2 grants · 2022–2023

Details

EIN521795164
NTEE codeB60Z
Subsection03
Ruling date1992-11
Formed1992
Employees211
Volunteers204
MANAGEMENT LEADERSHIP FOR TOMORROW — Mission, Financials & Grants Received | Grantivo