Overview
What is Thurgood Marshall College Fund?
The Thurgood Marshall College Fund is a Washington, D.C.-based nonprofit organization dedicated to providing scholarships and grants to students in need. Through its Scholarship Program, merit-based awards are given annually to eligible students, ensuring they can complete their education. The Fund's Internship Program, managed by the talent acquisition division, offers opportunities to students attending member-schools, maintaining a minimum GPA of 3.0. With a mission to increase access, retention, and graduation rates at member-schools, the Fund also identifies and prepares students with strong leadership potential. The organization's workforce comprises 78 employees, committed to empowering new leaders.
Official website here: www.tmcf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%
The Thurgood Marshall College Fund (TMCF) has received an exceptional rating of 97% from Charity Navigator, which underscores its strong performance in accountability, finance, and impact measurement. With a program expense ratio of 84% and a fundraising efficiency ratio of $0.02, TMCF demonstrates a commitment to utilizing resources effectively for its mission of supporting HBCU students. The organization boasts a fully independent board and comprehensive policies for oversight, ensuring transparency and integrity in its operations.
User feedback highlights the profound impact TMCF has on students, providing not just financial support but also invaluable networking and professional development opportunities. Many beneficiaries express gratitude for the skills and connections they have gained, which have significantly contributed to their career advancements. The organization is viewed as a vital bridge between education and employment, particularly for students from HBCUs.
While the reviews are overwhelmingly positive, with numerous mentions of TMCF's dedication and effectiveness, a single review indicated a slightly less favorable experience, suggesting room for improvement. Overall, TMCF is celebrated for its mission-driven approach and its role in uplifting the next generation of leaders.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Thurgood Marshall College Fund legitimate?
Thurgood Marshall College Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thurgood Marshall College Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,388,702
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,658,379
For more financial information, click here
Official website here: www.tmcf.org
What is the mission statement of Thurgood Marshall College Fund?
The Thurgood Marshall College Fund serves a three-pronged purpose: partnering with member schools to enhance student access, retention, and graduation; identifying and cultivating leadership potential in students at these institutions; and establishing a pipeline for businesses to engage with highly qualified students and graduates. The organization's mission is geared towards preparing new leaders by collaborating with educational institutions and fostering the development of promising students.
Official website here: www.tmcf.org
Who is the CEO of Thurgood Marshall College Fund?
Harry L Williams is the Principal Officer of Thurgood Marshall College Fund. The CEO's salary of Thurgood Marshall College Fund is $770,514 and their total compensation is $808,893.
Official website here: www.tmcf.org
What is the revenue of Thurgood Marshall College Fund?
Thurgood Marshall College Fund's revenue in 2022 was $69,437,783.
Official website here: www.tmcf.org
Who are the executives of Thurgood Marshall College Fund and what are their salaries?
The average compensation at Thurgood Marshall College Fund during 2022 was $128,809. There are 78 employees and 27 volunteers at Thurgood Marshall College Fund.
Here are 38 key members and their salaries (Thurgood Marshall College Fund's CEO's salary is $770,514 and their total compensation is $808,893):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $770,514
- Related: $0
- Other: $38,379
- Compensation: $325,431
- Related: $0
- Other: $21,938
- Compensation: $244,276
- Related: $0
- Other: $23,578
- Compensation: $282,282
- Related: $0
- Other: $28,263
- Compensation: $303,720
- Related: $0
- Other: $31,868
- Compensation: $282,937
- Related: $0
- Other: $35,155
- Compensation: $243,169
- Related: $0
- Other: $21,653
- Compensation: $184,524
- Related: $0
- Other: $13,212
- Compensation: $190,544
- Related: $0
- Other: $20,612
- Compensation: $262,471
- Related: $0
- Other: $32,484
- Compensation: $169,553
- Related: $0
- Other: $6,576
Official website here: www.tmcf.org
Where can I find the form 990 for Thurgood Marshall College Fund?
Thurgood Marshall College Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tmcf.org
Learn more at the official website: www.tmcf.org
Mission Statement of Thurgood Marshall College Fund
The Thurgood Marshall College Fund is a nonprofit organization with a three-fold mission. In essence, it collaborates with member colleges and universities to boost student access, retention, and graduation rates. By doing so, it lays the groundwork for the next generation of leaders.
The heart of the Thurgood Marshall College Fund's mission revolves around nurturing future leaders. By identifying students with exceptional leadership potential who attend member schools, it fosters their growth and development. In this capacity, it functions as a bridge between these students and potential employers, creating a mutually beneficial pipeline.
Through strategic partnerships with its member institutions, the Thurgood Marshall College Fund strives to expand opportunities for underrepresented students. It empowers these students to overcome challenges and achieve academic success, paving the way for rewarding careers. In essence, the organization plays a pivotal role in fostering a new wave of diverse leaders, ready to make their mark on the world.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Thurgood Marshall College Fund (TMCF) significantly impacts higher education by enhancing access, retention, and graduation rates for students attending historically black colleges and universities (HBCUs). Through its scholarship program, TMCF provides merit-based financial assistance to students in need, effectively reducing barriers to education and empowering the next generation of leaders.
In addition to scholarships, TMCF offers leadership development programs and advocacy efforts, focusing on identifying and preparing students with significant leadership potential. By facilitating internships and connecting students with employers, TMCF creates a robust pipeline that not only prepares students for the workforce but also supports their professional growth and development.
The comprehensive approach of TMCF strengthens the educational experiences of students at member schools, fostering an environment where they can thrive academically and professionally. This commitment to cultivating leadership and ensuring financial accessibility for students has lasting effects, ultimately contributing to a more equitable society.
This information is meant to be a general summary of Thurgood Marshall College Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,778,248
- Program Service Revenue: $239,250
- Gross Receipts: $105,290,144
Assets and Liabilities:
- Total Assets: $131,416,499
- Total Liabilities: $16,793,171
- Net Assets: $114,623,328
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Registration fees
Revenue
$239,250
Organization Details
Founding Year
1993
Phone
(202) 507-4851Principal Officer
Harry L Williams
Main Address
901 F Street NW 700, Washington, DC, 200041436
Website
www.tmcf.orgNTEE Category
Code: B82Z - Education
If you are a representative of Thurgood Marshall College Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.