The National Minority Supplier Development Council (NMSDC), our parent organization, requires each regional council to submit an annual report of purchasing activity for its members. This information is used to aggregate national and regional minority purchasing figures. The figures are then used to analyze purchasing trends, communicate our network’s effectiveness, and to recognize the collective results achieved by our corporate members across the country.
Information requested on this form is used to develop national and regional aggregate minority purchasing figures. It is also used to help analyze purchasing trends.
The following guidelines for reporting purchasing figures are suggested to NMSDC Corporate members in order to maximize the usefulness and consistency of information reported.
- Purchasing figures for minority-owned (minority men/women).
- Deposits with minority banks (or other banking activity).
- Business transacted by a corporation with its own minority franchisees or dealers should be reported separately.
- In regard to Second Tier programs, we ask that you report dollars spent directly and indirectly with minority businesses.
- Minority purchasing figures should relate to the NMSDC definition of minority-owned businesses.
An MBE is a for-profit enterprise, regardless of size, physically located in the United States or its trust territories, which is owned, operated and controlled by minority group members. “Minority group members” are United States citizens who are African-American, Hispanic-American, Native American, Asian-Pacific American and Asian-Indian American. Ownership by minority individuals means the business is at least 51% owned by such individuals or, in the case of a publicly-owned business, at least 51% of the stock is owned by one or more such individuals. Further, the management and daily operations are controlled by those minority group members.
DEFINITION OF MINORITY-OWNED BUSINESS
African-American A U.S. citizen having origins in any of the Black racial groups of Sub-Sahara Africa.
Latin-American A U.S. citizen of true-born Latin heritage, from any of the Spanish speaking areas of Latin America or the following regions: Mexico, Central America, South America and the Caribbean basin only. Brazilian’s Afro-Brazilian and Indigenous peoples) shall be listed under Hispanic designation for certification purposes.
Native American A person who is an American Indian, Eskimo, Aleut or Native Hawaiian, and regarded as such by the community of which the person claims to be a part. Native Americans must be documented members of a North American tribe, band or otherwise organized group of native people who are indigenous to the continental United States and proof can be provided through a Native American Blood Degree Certificate (i.e., tribal registry letter, tribal roll register number).
Asian-Pacific American A U.S. citizen whose origins are from Japan, China, Taiwan, Korea, Vietnam, Laos, Cambodia, the Philippines, Samoa, Guam, Indonesia, Thailand, Malaysian the U.S. Trust Territories of the Pacific or the Northern Marianas.
Asian-Indian American A U.S. citizen whose origins are from India, Pakistan and Bangladesh.
Corporate Purchasing Activity Report
Please make every reasonable effort to complete this report. Through your cooperation, MMSDC and NMSDC will be able to more effectively advocate minority business development and ensure appropriate recognition of our corporate membership. Should you have any questions regarding information requested or methods to maintain the information within your company, please contact James Franklin at 313-873-2124.