What Miami Dade College Foundation does

Miami Dade College Foundation is a Florida-based 501(c)(3) nonprofit organization that serves as the official philanthropic and fundraising arm of Miami Dade College. Founded approximately 65 years ago and headquartered at MDC's Wolfson Campus in downtown Miami, the Foundation raises charitable contributions from individual donors, alumni, corporations, and community partners to fund scholarships, academic programs, and emergency support services for MDC students. It reports approximately $37 million in annual funding supporting more than 18,000 students per year, decomposed into roughly $25 million for Student Success, $15 million for Signature Scholars, and $12 million for college programs and emergency aid.

The Foundation's programmatic surface spans a broad portfolio rather than a single product. Core offerings include the annual Alumni Hall of Fame (running since 2003 with 400+ inductees), Women Who Lead, I AM MDC Day, more than 30 named memorial scholarships, and signature programs such as the Signature Scholars program. Wraparound support services include campus food pantries, career closets, and workforce program funds operationalized across all eight MDC campuses (Wolfson, Kendall, Hialeah, Homestead, North, Medical, Padrón, West). Specialized programs include The Idea Center and Scale Up Miami (entrepreneurship), Miami Fashion Institute, arts and culture initiatives (Koubek Center, Miami Book Fair, Miami Film Festival, MOAD, NWSA), athletics, and The Honors College.

The Foundation's business model is philanthropic rather than commercial: it collects voluntary donations via its website and signature events, distributes funds to MDC programs and students, and reports impact against student outcomes rather than revenue or ARR. Its 11–50 staff operates alongside a Board of Directors and an alumni network of 2.5 million, with no disclosed AI, software-as-a-service, API, or application products. Corporate development is organized through tiered event sponsorships (Honoring, Featuring, Supporting) with named partners including TD Bank, Baptist Health, American Airlines, Jackson Health Foundation, Florida Power & Light, Johnson Controls, Regions Bank, and Santander.

Name

Miami Dade College Foundation

Legal name

Miami Dade College Foundation

Website

https://foundation.mdc.edu

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

11–50 employees

Short description

Miami Dade College Foundation is a nonprofit fundraising arm of Miami Dade College that raises approximately $37 million annually from donors, alumni, and corporate sponsors to provide scholarships and wraparound support services to more than 18,000 MDC students each year.

Ownership category

akta.pro rank

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Philanthropic Donations: The foundation receives charitable contributions from individual donors, alumni, corporations, and community partners to fund scholarships, programs, and emergency aid for Miami Dade College students.
2. Memorial Scholarships: Named memorial scholarships established by donors to honor loved ones while supporting deserving students' educational pursuits.
3. Program-Specific Giving: Donations directed to specific programs including Arts & Culture, Athletics, Campus Food Pantries, Career Closets, and Workforce Programs across MDC's multiple campuses.
4. Event-Based Fundraising: Revenue generated through signature events such as the Alumni Hall of Fame, which raises vital funds for student scholarships while celebrating distinguished alumni.

Distribution channels1 record

Marketing channels4 records

Core offering

Miami Dade College Foundation is the official fundraising and philanthropic arm of Miami Dade College. It solicits charitable contributions from individual donors, alumni, and corporate sponsors to fund student scholarships, academic programs, emergency aid, and student support services such as campus food pantries and career closets across MDC's eight campuses. The Foundation also runs signature alumni and community events, including the Alumni Hall of Fame, Women Who Lead, and I AM MDC Day.

Product overview

Miami Dade College Foundation operates as a charitable nonprofit organization supporting Miami Dade College. Its digital presence centers on the foundation website (foundation.mdc.edu) which serves as a donation portal and information hub. The foundation's programmatic offerings include: the Alumni Hall of Fame (annual scholarship fundraising event inducting distinguished alumni since 2003), scholarship programs (memorial scholarships, nursing scholarships, and other named funds), arts and cultural initiatives (Koubek Center, Live Arts Miami, Miami Book Fair, Miami Film Festival, MOAD, NWSA), student support services (campus food pantries at 8 locations, career closets, workforce development funds), and special programs (Women Who Lead, I AM MDC Day, The Idea Center innovation hub, Miami Fashion Institute, athletics programs). The foundation reports annual impact of approximately $37 million supporting 18,000+ students, with $25 million invested in student success and $12 million in college programs.

Differentiator

Problem solved

Functional benefit

Brands

• MDC Alumni Association: Alumni association for Miami Dade College graduates forming one of the most vibrant and rapidly expanding alumni communities globally

Products and services

• MDC Greatest Need Fund
• Memorial Scholarships

Quantifiable outcome

• $1 invested at MDC nearly triples a student's lifetime earnings
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered event partner, supporting sponsor, honoring sponsor and featuring sponsor.

• Loews Coral Gables Hotelevent partnerOthersVenue partner for the annual Miami Dade College Alumni Hall of Fame event. The 2026 Hall of Fame ceremony will be held at Loews Coral Gables Hotel located at 2950 Coconut Grove Drive, Coral Gables, FL 33134.
• American Airlinessupporting sponsorGTM or Marketing PartnerCorporate sponsor of the Miami Dade College Alumni Hall of Fame event, supporting scholarship fundraising initiatives.
• Jackson Health Foundationsupporting sponsorGTM or Marketing PartnerCorporate sponsor supporting the Alumni Hall of Fame and student scholarship programs.
• Florida Power & Light Company (FPL)supporting sponsorGTM or Marketing PartnerCorporate sponsor of the Alumni Hall of Fame event supporting MDC scholarship initiatives.
• Johnson Controlssupporting sponsorGTM or Marketing PartnerCorporate sponsor supporting the Hall of Fame and MDC programs.
• Latin Builders Associationsupporting sponsorGTM or Marketing PartnerIndustry association sponsor supporting MDC scholarships and workforce development.
• Regions Banksupporting sponsorGTM or Marketing PartnerBanking partner sponsoring the Hall of Fame event and scholarship fundraising.
• Santandersupporting sponsorGTM or Marketing PartnerFinancial services sponsor of MDC Foundation events.
• TD Bank N.A.honoring sponsorGTM or Marketing PartnerBanking sponsor supporting MDC Foundation scholarship programs.
• Baptist Healthhonoring sponsorGTM or Marketing PartnerHealthcare partner sponsoring MDC Foundation events and programs.
• BrightView Landscapesfeaturing sponsorGTM or Marketing PartnerCorporate sponsor of the Alumni Hall of Fame event.
• CircleInfeaturing sponsorGTM or Marketing PartnerCorporate sponsor supporting MDC student success initiatives.
• Miami-Dade County Public Schools Foundationhonoring sponsorGTM or Marketing PartnerEducational foundation partner supporting shared mission of student success.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Others

• Florida Blue Foundation: Corporate-affiliated Florida philanthropic foundation; relevant as a known donor partner to MDC Foundation (per 2023 funding round) and comparable as a Florida-focused grantmaking entity.
• American Endowment Foundation: Donor-advised fund sponsor serving individual philanthropists and nonprofits; relevant as an enabling partner for the same donor base and as a parallel vehicle for scholarship and community-impact giving.

Direct peers

• University of Florida Foundation: The fundraising and endowment arm of Florida's flagship public university; directly comparable as a state university foundation that raises, invests, and grants funds for scholarships, programs, and faculty support.
• Broward College Foundation: Philanthropic arm of a Florida community college peer; directly comparable given the shared community-college model, scholarship focus, and South Florida service area.
• University of Miami Foundation: Fundraising arm of a major private research university in Coral Gables, FL; highly comparable as a South Florida higher-ed foundation pursuing similar alumni, corporate, and scholarship fundraising strategies.
• Nova Southeastern University Foundation: Fundraising entity of a private South Florida university; comparable as a Florida-based higher-ed foundation pursuing scholarship and program fundraising in an overlapping donor market.
• Florida International University Foundation: Philanthropic arm of FIU, a major public university in Miami; directly comparable given shared Miami market, similar community-college-to-university pipeline, and parallel scholarship/alumni programs.
• Valencia College Foundation: Foundation for a Florida community college system; closely comparable given similar two-year college mission, scholarship and emergency-aid programs, and Central Florida service area.
• Florida State University Foundation: Foundation for Florida State University; directly comparable as a large public university foundation with a multi-million dollar annual fund, alumni giving programs, and endowment management.

Emerging players

• United Negro College Fund (UNCF): National nonprofit that funds scholarships and capacity-building for minority-serving institutions; comparable in mission and scholarship-funding model though operating at broader national scale across multiple colleges.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Miami Dade College Foundation