Intermetallic ferromagnetic compound Mn5Ge3, with Curie temperature T-C=296 K, a spin polarization of P=42%, and a good lattice match to semiconductors, is a potential spin injector for spintronics. We report the enhanced magnetic properties and spin polarization of Mn4FeGe3. By replacing one Mn atom in Mn5Ge3 with Fe, the T-C of Mn4FeGe3 has been enhanced to 319.50 K, while still maintaining the same crystal structure, high electrical conductivity, and a high residual resistivity ratio of 5.33. More importantly, the spin polarization in excess of 60% of Mn4FeGe3, much higher than that of Mn5Ge3, has been realized. (C) 2007 American Institute of Physics.