EIN 41-1750692

Thurgood Marshall College Fund (TMCF)

IRS 501(c) type
501(c)(3)
Num. employees
184
Year formed
1993
Most recent tax filings
2023-12-01
Description
TMCF supports and represents nearly 300,000 students attending its 47 member-schools that include publicly-supported Historically Black Colleges and Universities (HBCUs), medical schools and law schools.
Total revenues
$77,840,126
2023
Total expenses
$71,051,129
2023
Total assets
$124,287,734
2023
Num. employees
184
2023

Program areas at TMCF

Scholarships and grants: The Scholarship Program provides merit-based scholarships to students seeking financial assistance to complete their education. TMCF scholarships are awarded annually to students meeting the TMCF eligibility criteria. Awards are made each semester based on a verification process designed to ensure that students are meeting high expectations and have an unmet financial need.The TMCF Internship Program is managed by the talent acquisition division and seeks students who attend member-schools and maintain a minimum GPA of 3.0. Members of the division serve as liaisons and provide support to students throughout the internship program. See Schedule O for continuation
TM2 Search: TM2 Education Search provides retained search and leadership development services designed to help build and develop sustainable leadership and boards. Specifically, our searches focus on the following positions: Board of Trustees, Presidents & Chancellors, Provosts, Deans, and the Executive Level of institutions in the Black College Community.
Leadership training and seminars: The Teacher Quality and Retention Program (TQRP) was designed to help teachers enhance the learning experience of students. Now, more than ever, our students need qualified teachers who can help them overcome challenging school environments and achieve academic and personal success. Historically Black Colleges and Universities (HBCU's) graduate more minority teachers than any other source.TQRP provides a one-week summer institute designed to give education majors experience in the application of educational theories and practices. See Schedule O for continuation

Grants made by TMCF

GranteeGrant descriptionAmount
Partnership for Education AdvancementProgram Support$10,400,000
Partnership for Education AdvancementProgram Support$2,992,629
University of DC FoundationUdc Builders Program$528,307
...and 18 more grants made totalling $14,634,491

Who funds Thurgood Marshall College Fund (TMCF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Blue Meridian PartnersTo Support Scaling Plan$11,010,000
Medtronic FoundationMilestone Based Payment$2,500,000
Charities Aid Foundation of AmericaCharitable Donation$2,059,125
...and 99 more grants received totalling $25,551,182

Personnel at TMCF

NameTitleCompensation
Harry L. WilliamsPresident and Chief Executive Officer$637,000
Aisha T. BrownChief Financial Officer$316,992
Clara Ross StampsChief Marketing and Communications Officer
George F. SpencerChief Innovation and Growth Officer$279,538
Ja'Ron Kenneth SmithExecutive Director , Chief Administrative Officer$244,423
...and 15 more key personnel

Financials for TMCF

RevenuesFYE 12/2023
Total grants, contributions, etc.$76,342,112
Program services$288,350
Investment income and dividends$1,470,915
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-327,493
Net income from fundraising events$-3,350
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$69,592
Total revenues$77,840,126

Form 990s for TMCF

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-07990View PDF
2022-122024-03-15990View PDF
2022-122023-11-02990View PDF
2021-122024-03-15990View PDF
2021-122022-11-15990View PDF
...and 12 more Form 990s

Organizations like TMCF

OrganizationLocationRevenue
Saint Peter's UniversityJersey City, NJ$116,646,712
Rider UniversityLawrenceville, NJ$196,010,794
Goucher CollegeBaltimore, MD$84,585,565
The Culinary Institute of America (CIA)Hyde Park, NY$225,789,915
Ave Maria UniversityAve Maria, FL$72,587,422
LSU FoundationBaton Rouge, LA$107,404,676
Hunter College Foundation (HCF)New York, NY$79,160,399
Huston-Tillotson University (HTU)Austin, TX$29,495,539
Bethune-Cookman UniversityDaytona Beach, FL$102,222,024
Oakwood UniversityHuntsville, AL$67,340,745
Data update history
October 3, 2024
Updated personnel
Identified 1 new personnel
September 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 3 new vendors, including , , and
September 22, 2024
Updated personnel
Identified 9 new personnel
August 25, 2024
Received grants
Identified 24 new grant, including a grant for $2,500,000 from Medtronic Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
EducationAfrican Americans
Characteristics
Provides grantsFundraising eventsNational levelReceives government fundingEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
901 F St NW 700
Washington, DC 20004
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
tmcf.org/ 
Phone
(202) 507-4851
Facebook page
ThurgoodMarshallCollegeFund 
Twitter profile
@tmcf_hbcu 
IRS details
EIN
41-1750692
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1993
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
106235
FTB Entity ID
3804050
AB 488 data last updated ("as-of") date
2024-10-16
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