What is MDRC?
Founded in 1974, MDRC operates as a nonprofit entity focused on enhancing the well-being of individuals with low incomes through the development and assessment of effective programs. The organization is committed to creating evidence-based solutions for complex societal challenges and offers technical assistance to bolster program efficacy. MDRC's comprehensive services include in-depth studies, publications, videos, and podcasts, all designed to inform policymakers and practitioners. Their core work aims to alleviate poverty and broaden opportunities across the United States.
How much funding has MDRC raised?
MDRC has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in MDRC
PPP
Public-Private Partnership
What's next for MDRC?
The recent major strategic investment in MDRC suggests a phase of significant scaling or expansion for its evidence-based program development and evaluation initiatives. This capital infusion is likely to empower MDRC to deepen its research into critical social issues, broaden its technical assistance reach, and further its mission of poverty reduction and opportunity expansion. The enterprise-level funding indicates confidence in MDRC's long-term impact and its capacity to drive meaningful societal change through rigorous data and program innovation.
See full MDRC company page
