Millennium Challenge Corporation
E50117
The Millennium Challenge Corporation is a U.S. foreign aid agency that provides large-scale, grant-based development assistance to low- and lower-middle-income countries to promote economic growth and reduce poverty.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal agency
→
foreign aid agency → |
| appliesPrinciple |
accountability
→
country ownership → results-based management → transparency → |
| boardChair |
United States Secretary of State
→
|
| continent |
North America
→
|
| cooperatesWith |
United States Agency for International Development
→
World Bank → regional development banks → |
| country |
United States of America
→
|
| focusesOn |
agriculture and rural development
→
education projects → energy sector projects → infrastructure development → transportation sector projects → water and sanitation projects → |
| foundedBy |
United States Congress
→
|
| fundingModel |
grant-based assistance
→
|
| fundingSource |
appropriations from the United States Congress
→
|
| governanceStructure |
board of directors
→
|
| hasChiefExecutive |
Chief Executive Officer of the Millennium Challenge Corporation
→
|
| hasJurisdiction |
United States federal government
→
|
| headquartersLocation |
Washington, D.C.
→
|
| inception |
2004
→
|
| industry |
development aid
→
international development → |
| languageOfWorkOrName |
English
→
|
| legalBasis |
Millennium Challenge Act of 2003
→
|
| locatedInTheAdministrativeTerritorialEntity |
District of Columbia
→
|
| missionStatement |
to reduce poverty through economic growth
→
|
| operatesIn |
developing countries worldwide
→
|
| parentOrganization |
United States government
→
|
| programType |
compact programs
→
threshold programs → |
| purpose |
economic growth promotion
→
good governance promotion → poverty reduction → private sector–led growth support → |
| selectionCriteria |
country performance on economic freedom indicators
→
country performance on governance indicators → country performance on investments in people → |
| serviceArea |
low-income countries
→
lower-middle-income countries → |
| shortName |
MCC
→
|
| uses |
country scorecards
→
|
| website |
https://www.mcc.gov
→
|
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
Honor Award of the National Building Museum
→
|
hasRecipient |