2024-03-15T11:49:54-05:00 2022-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2022-01-01 411750692 Thurgood Marshall College Fund THUR 2025074851 901 F Street NW 700 Washington DC 200041436 Aisha T Brown CFO and COO 2025074851 2024-03-15 1 Aisha Brown XXX-XX-XXXX 1 Lori A Collingsworth P00639819 7038930300 2024-03-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X Harry L Williams 901 F Street NW 700 Washington DC 200041436 105065036 0 X www.tmcf.org X 1993 DE Providing leadership development, scholarships, and advocacy to prepare new leaders. 27 27 78 27 0 0 97256947 71201594 114450 239250 760673 -1959457 25127 -261813 98157197 69219574 42205594 38013313 0 0 11155420 13567794 0 0 2933476 10339964 21072561 63700978 72653668 34456219 -3434094 123348684 126922627 3093471 15668670 120255213 111253957 X The mission of the Thurgood Marshall College Fund is three-fold: Partner with our member-schools to increase access, retention and graduation rates of students attending their schools, identify and prepare students attending member-schools who have significant leadership potential, and create a pipeline for employers of highly qualified member-schools, students and alumni. 0 0 38013313 38013313 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 24365447 239250 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 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. 62378760 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 0 1 0 0 1 0 0 0 1 1 1 0 0 0 1 X 119 0 1 78 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AZ CA NY X X Aisha Brown CFOCOO 2025074851 901 F Street NW 700 Washington DC 200041436 Ciara Anfield Director 1.00 X 0 0 0 Gary Bettman Director 1.00 X 0 0 0 Pierre Breber Director 1.00 X 0 0 0 Greg Carter II Director 1.00 X 0 0 0 Theodore Colbert III Director 1.00 X 0 0 0 Robert Engel Director 1.00 X 0 0 0 Yvette Hunsicker Director 1.00 X 0 0 0 Sandra Hurse Director 1.00 X 0 0 0 Collis Jones Director 1.00 X 0 0 0 Gregory Jones Director 1.00 X 0 0 0 Lane McBride Director 1.00 X 0 0 0 Maria Melendez Director 1.00 X 0 0 0 Charles Merinoff Chair 1.00 X 0 0 0 Michelle Nettles Director 1.00 X 0 0 0 Racquel Oden Director 1.00 X 0 0 0 David Osswald Director 1.00 X 0 0 0 Melonie Parker Director 1.00 X 0 0 0 Dr N Joyce Payne Director 1.00 X 0 0 0 Joshua Petty Director 1.00 X 0 0 0 Chris Scalia Director 1.00 X 0 0 0 Kent Smith Jr Director 1.00 X 0 0 0 Paul Sweeney Jr Esq Director 1.00 X 0 0 0 Toni Townes-Whitley Director 1.00 X 0 0 0 Kevin Walling Director 1.00 X 0 0 0 Alicia West Director 1.00 X 0 0 0 Barbara Whye Director 1.00 X 0 0 0 Tatia Williams Director 1.00 X 0 0 0 Dr Harry Lee Williams President & CEO 40.00 X 770514 0 38379 Aisha T Brown Chief Finance & Operations Officer 40.00 X 325431 0 21938 Eric D Hart Chief Programs Officer 40.00 X 244276 0 23578 Andrea Horton Chief Marketing Officer 40.00 X 282282 0 28263 David Kyle Sheppard Chief Business And Legal Officer 40.00 X 303720 0 31868 George Spencer Chief Innovation And Growth Officer 40.00 X 282937 0 35155 Jason Hundley Vice President of Finance & Operations 40.00 X 243169 0 21653 Martinique Lashawn Thompson Vice President of Talent Acquisition 40.00 X 184524 0 13212 Betsy Ann Burton-Strunk Vice President of Development 40.00 X 190544 0 20612 Amy D Goldstein Vice President, Strategy 40.00 X 262471 0 32484 Brandon Kenny Executive Director 40.00 X 169553 0 6576 3259421 0 273718 26 0 1 0 Tyton Partners Consulting LLC 75 Federal Street Suite 200 Boston MA 02110 TMCF org Research 476635 ACUE(Association of College and Universi 745 Fifth Avenue Suite 500 New York NY 10151 Microcredential Cohort/Facilitation 312000 Vincent Hunt 80 Country Way Crawford FL 32327 I&E Programming Facilitation & Metaverse 182172 The Athena Advisors LLC 8004 Barron Street Takoma Park MD 20912 Fundraising 128905 Sun Chase Media LLC 3227 Fledgling Circle Woodbridge VA 22193 Event Recording/Photography 113320 6 58750 808282 153701 70180861 149129 71201594 Registration fees 900099 239250 239250 239250 1017553 1017553 32425985 35402995 -2977010 -2977010 -2977010 170810 808282 442467 -271657 -271657 CC Rewards and rebates 900099 9844 9844 9844 69219574 239250 0 -2221270 10700445 10700445 27312868 27312868 2388702 1389738 781024 217940 9286938 5403108 3036511 847319 296975 172779 97101 27095 1056986 614951 345598 96437 538193 313119 175971 49103 21374 21374 174130 174130 6343487 4987169 423206 933112 500512 40526 453273 6713 1253864 977653 245144 31067 1283881 853245 410160 20476 562442 219140 343302 6399663 5391226 579787 428650 4321666 3895353 156455 269858 113430 43593 69837 Dues and subscriptions 87588 63101 18781 5706 Employee recruitment 10524 746 9778 72653668 62378760 7341432 2933476 61384565 58345360 3158875 3223534 8511510 9109491 34772 28872 25000 0 565598 0 49439178 43545862 225968 225978 3218 12443530 123348684 126922627 2535117 2585624 258674 238799 299680 12844247 3093471 15668670 X 64770630 47426985 55484583 63826972 120255213 111253957 123348684 126922627 X -3434094 -3854067 -1713095 X X 0 1 X 1 0 X 24879611 23044196 97217874 97256947 71201594 313600222 24879611 23044196 97217874 97256947 71201594 313600222 25714885 287885337 67098 65747 98333 775160 1017553 2023891 315624113 1680768 0.91210 0.78030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1800192 0 -155311 37000 1607881 250000 1500000 50192 0 1800192 250000 0 0 0 250000 250000 0 0 0 250000 250000 0 0 0 250000 0.00000 1.00000 0.00000 0 0 0 Right-of-use asset - operating lease 10567425 Deferred compensation asset 1872887 Security deposit 3218 12443530 Lease liability - operating lease 10750947 Due to affiliate 220413 Deferred compensation liability 1872887 12844247 X 69633844 -3854077 4000000 442477 588400 69045444 174130 174130 69219574 78635100 4000000 2155562 6155562 72479538 174130 174130 72653668 Part V, Line 4: TMCF's endowment funds are intended to be used for future scholarships. Part X, Line 2: The Organization performed an evaluation of uncertain tax positions for the years ended December 31, 2022 and 2021, and determined that there were no matters that would require recognition in the consolidated financial statements or that may have any effect on its tax-exempt status. Part XI, Line 2d - Other Adjustments: Special event expenses 442,467. OFC consolidated income 10. Part XII, Line 2d - Other Adjustments: Special event expenses 442,467. Uncollectible pledges 1,713,095. 35th Annual Gala 979092 808282 170810 232467 210000 979092 808282 170810 232467 210000 442467 -271657 1 Alabama A&M University 105 Patton Hall Normal AL 35762 636001097 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Alabama A&M University 105 Patton Hall Normal AL 35762 636001097 501(c)(3) or 115 25000 0 N/A N/A Novartis Faculty Grant Alabama A&M University 105 Patton Hall Normal AL 35762 636001097 501(c)(3) or 115 416667 0 N/A N/A 2022-2023 Apple New Silicon Initiative (NSI) Grant Alcorn State University 1000 ASU Drive Lorman MS 39096 646000013 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Allen University 1530 Harden Street Columbia SC 29204 570341191 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Bethune-Cookman University 640 Dr Mary Mcleod Bethune Blvd Daytona Beach FL 321143099 590704726 501(c)(3) 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Cheyney University of PA 837 University Circle PO Box 200 Cheney PA 193190200 232478688 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Claflin University 400 Magnolia St Orangeburg DC 29115 570314374 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Delaware State University Foundation Inc 1200 North DuPont Highway Dover DE 19901 201372435 501(c)(3) 50000 0 N/A N/A Novartis Faculty Grant Dillard University 2601 Gentilly Blvd New Orleans LA 70122 720408929 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Elizabeth City State University PO Box 1467 Elizabeth City NC 27906 237115345 501(c)(3) 10000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Elizabeth City State University PO Box 1467 Elizabeth City NC 27906 237115345 501(c)(3) 8050 0 N/A N/A ECSU-ISSP One-Stop Conference MiniGrant Fayetteville State University 1200 Murchison Rd Fayetteville NC 283014298 561238736 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Fayetteville State University 1200 Murchison Rd Fayetteville NC 283014298 561238736 501(c)(3) or 115 60000 0 N/A N/A TMCF Fleischer Scholars Program Florida A&M University 1601 S Martin Luther King Jr Blvd Tallahassee FL 32307 590977035 501(c)(3) or 115 10000 0 N/A N/A Google Capacity Building Grant Florida A&M University 1601 S Martin Luther King Jr Blvd Tallahassee FL 32307 590977035 501(c)(3) or 115 25000 0 N/A N/A Novartis Faculty Grant Hampton University 100 E Queen St Hampton VA 23669 540505990 501(c)(3) or 115 12500 0 N/A N/A Novartis Faculty Grant Howard University 2201 Georgia Avenue NW Washington DC 20059 530204707 501(c)(3) 10000 0 N/A N/A Google Capacity Building Grant Howard University 2201 Georgia Avenue NW Washington DC 20059 530204707 501(c)(3) 455287 0 N/A N/A 2022-2023 Apple New Silicon Initiative (NSI) Grant Huston-Tillotson University 900 Chicon St Austin TX 78702 741180151 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Jackson State University 1400 J R Lynch Street Jackson MS 39217 646000507 501(c)(3) or 115 12500 0 N/A N/A Novartis Faculty Grant Jackson State University 1400 J R Lynch Street Jackson MS 39217 646000507 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Kentucky State University 400 East Main Street Frankfort KY 406012334 611099712 501(c)(3) or 115 10000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Langston University Foundation PO Box 725 Langston OK 73050 113815948 501(c)(3) 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Lincoln University of Missouri 120 Chestnut Street Jefferson City MO 651010000 446001089 501(c)(3) 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Morgan State University 1700 E Cold Spring Ln Baltimore MD 21251 526002033 501(c)(3) or 115 12500 0 N/A N/A Novartis Faculty Grant Morgan State University 1700 E Cold Spring Ln Baltimore MD 21251 526002033 501(c)(3) or 115 397100 0 N/A N/A 2022-2023 Apple New Silicon Initiative (NSI) Grant Norfolk State University 700 Park Ave Norfolk VA 235048050 510499918 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant North Carolina Central University 1801 Fayetteville St Durham NC 27707 566000730 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Partnership for Education Advancement 499 Park Avenue 27th Floor New York NY 10022 831400442 501(c)(3) 8000000 0 N/A N/A Program support Prairie View A&M University 100 University Dr Prairie View TX 77446 746001078 501(c)(3) or 115 400841 0 N/A N/A 2022-2023 Apple New Silicon Initiative (NSI) Grant Savannah State University 3219 College St Savannah GA 31404 586002069 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant South Carolina State University Foundation Inc PO Box 7187 Orangeburg SC 291154427 237113930 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Southern University and A&M College 801 Harding Blvd Baton Rouge LA 70807 726000817 501(c)(3) or 115 10000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Southern University and A&M College Law Center 801 Harding Blvd Baton Rouge LA 70807 726000817 501(c)(3) or 115 12500 0 N/A N/A CBRE Faculty Research Grant Southern University at New Orleans Foundation 6801 Press Dr New Orleans LA 70126 720799587 501(c)(3) 10000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Southern University System Foundation 598 Harding Blvd P O Box 9562 Baton Rouge LA 70813 237052911 501(c)(3) 15000 0 N/A N/A Zero Hunger Innovation Challenge Stillman College 3601 Stillman Blvd Tuscaloosa AL 35401 630315935 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Tennessee State University 3500 John A Merritt Blvd Nashville TN 37209 620786119 501(c)(3) or 115 75000 0 N/A N/A Novartis Faculty Grant Tennessee State University 3500 John A Merritt Blvd Nashville TN 37209 620786119 501(c)(3) or 115 12500 0 N/A N/A CBRE Faculty Research Grant Texas Southern University 3100 Cleburne Street Houston TX 77004 746001391 501(c)(3) or 115 60000 0 N/A N/A TMCF Fleischer Scholars Program Tougaloo College 500 W County Line Rd Tougaloo MS 39174 640303093 501(c)(3) 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Tuskegee University 1200 W Montgomery Rd Tuskegee AL 36088 630288878 501(c)(3) 25000 0 N/A N/A Novartis Faculty Grant Tuskegee University 1200 W Montgomery Rd Tuskegee AL 36088 630288878 501(c)(3) 40000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant University of Arkansas at Pine Bluff 1200 N University Dr Pine Bluff AR 71603 716010030 501(c)(3) or 115 15000 0 N/A N/A Zero Hunger Innovation Challenge Virginia State University 1 Hayden St Petersburg VA 23806 546074532 501(c)(3) or 115 110000 0 N/A N/A TMCF Fleischer Scholars Program West Virginia State University PO Box 1000 Institute WV 25112 556019228 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant Winston Salem State University 601 S Martin Luther King Jr Drive WinstonSalem NC 27110 566001466 501(c)(3) or 115 20000 0 N/A N/A Grow with Google HBCU Career Readiness Program Grant 37 0 Scholarships 4877 27312868 0 N/A N/A Part I, Line 2: Scholarships are awarded per semester based on available funding. Thurgood Marshall College Fund Scholarships are not awarded directly to students. Scholarships are awarded to the student via the member college or university to which the student has been accepted. Students interested in applying for a TMCF scholarship must meet the following criteria: A citizen of the United States, full-time student pursuing a degree in any discipline at one of the TMCF "member schools", and demonstrate commitment to academic excellence. Part II, line 1, Column (h): Research Grants- TMCF partners with government agencies and companies to offer capacity building support and funding for researchers at member-schools and elsewhere, to support research that is of mutual interest to donors and the research community. The primary function of research and development support is to discover and attain cutting-edge knowledge about scientific and technological topics for the purpose of uncovering and enabling development of valuable new products, processes and services at our member-schools. X X X X 0 1 0 0 0 0 0 1 0 Dr Harry Lee Williams President & CEO 418514 0 352000 0 0 0 25407 0 12972 0 808893 0 0 0 Aisha T Brown Chief Finance & Operations Officer 235431 0 90000 0 0 0 9839 0 12099 0 347369 0 0 0 David Kyle Sheppard Chief Business And Legal Officer 219220 0 84500 0 0 0 20500 0 11368 0 335588 0 0 0 George Spencer Chief Innovation And Growth Officer 221831 0 60000 0 1106 0 20500 0 14655 0 318092 0 0 0 Andrea Horton Chief Marketing Officer 197157 0 85125 0 0 0 23250 0 5013 0 310545 0 0 0 Amy D Goldstein Vice President, Strategy 147470 0 115001 0 0 0 27000 0 5484 0 294955 0 0 0 Eric D Hart Chief Programs Officer 196842 0 47434 0 0 0 17743 0 5835 0 267854 0 0 0 Jason Hundley Vice President of Finance & Operatio 168169 0 75000 0 0 0 18375 0 3278 0 264822 0 0 0 Betsy Ann Burton-Strunk Vice President of Development 145544 0 45000 0 0 0 11700 0 8912 0 211156 0 0 0 Martinique Lashawn Thompson Vice President of Talent Acquisition 143274 0 41250 0 0 0 0 0 13212 0 197736 0 0 0 Brandon Kenny Executive Director 118553 0 51000 0 0 0 5130 0 1446 0 176129 0 0 0 Part I, Line 4b During the year ended December 31, 2022, the Organization established a non-qualified deferred compensation plan ("the Plan") on behalf of certain key executives. Organized under Internal Revenue Code (IRC) Section 457(f), the Plan is funded through annual contributions by the Organization, and will be paid to the executives upon retirement. Part I, Line 7 Bonuses received by all officers are discretionary and determined based upon performance. See Part V Part V Part V X 1000000 0 0 1 1 Substantial contributor Subst. contributor 562442 Rent 0 Schedule L, Part II, Loans To and From Interested Persons: (a) Name of Person: Substantial contributor(b) Relationship with Organization: Substantial contributor(c) Purpose of Loan: Note receivable consists of a note issued in May 2019 to a private corporation, for the repurchase of donated stocks back from the Organization, with $100,000 down payment and four equal increments of $225,000 plus accrued interest each year for the next four years.Original principal amount: 1,000,000Balance due beginning of year: 25,000Balance due end of year: 0 Sch L, Part IV, Business Transactions Involving Interested Persons: (a) Name of Person: Substantial contributor(b) Relationship Between Interested Person and Organization: Substantial contributor(d) Description of Transaction: Rental of real property- Office Lease X 10 143311 Fair Market Value X Hershey kisses box units 1500 4485 Fair Market Value X Hershey bars 1500 1333 Fair Market Value 0 0 0 Form 990, Heading, Item B- Amended Return The 990 has been amended to reflect the final numbers from the audited financial statements completed after the original 990 was filed. Parts of the 990 that changed from the original filing: Parts I, III, IV, VIII, IX, X, XI and XII and Schedules A, D, I and L Form 990, Part III, Line 4a, Scholarships and grants (continuation): The identification process is implemented by pre-screening students for geographic preferences, career objectives, and matching TMCF's partners' needs. Qualified applicants demonstrate personal effectiveness competencies such as active listening skills, presentation skills, professionalism, dependability and reliability, interpersonal skills and self-awareness in order to model the behavior of a student for whom the talent acquisition division determines is the best recruit. TMCF Corporate Scholar Programs promote career readiness through scholarships, leadership development, boot camps, and immersive experiences for hand-selected student leaders attending HBCUs and PBIs. These highly competitive and unique programs leverage the knowledge, experience, and network of top employers from around the country and TMCF staff to foster a collaborative learning community. Students develop key leadership skills, nurture their originality and receive hands-on experience that will prepare them to be career ready as they join the workforce. Form 990, Part III, Line 4b, Leadership training and seminars (continuation): This training will equip future teachers with the skills they need to successfully enter high-need schools in urban and rural communities. Selected science, technology, engineering, and math (STEM) majors will take part in a two-week fellowship designed to expose those considering a career education to the latest theories and practices associated with exemplary science and mathematics instruction. Part V, Lines 2a & b, Part VII, Part IX Compensation & Benefits Reporting: TMCF has a professional employer organization (PEO) arrangement with Insperity. Insperity files all required federal employment tax returns. Form 990, Part VI, Section B, line 11b The Federal form 990 is prepared by an independent public accounting firm. The draft form 990 is initially reviewed by the Audit Committee and is made available to the entire Board of Directors before filing with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c TMCF's reputation for integrity is its most valuable asset and is directly related to the conduct of its Board of Directors, officers, and other employees. Therefore, employees must never use their positions with TMCF, or any of its clients, for private gain, to advance personal interests, or to obtain favors or benefits for themselves, members of their families or any other individuals, corporations or business entities. TMCF adheres to the highest legal and ethical standards applicable in our business. TMCF's business is conducted in strict observance of both the letter and spirit of all applicable laws and the integrity of each employee is of utmost importance. Employees of TMCF shall conduct their personal affairs such that their duties and responsibilities to TMCF are not jeopardized and/or legal questions do not arise with respect to their association or work with TMCF. Form 990, Part VI, Section B, line 15 TMCF uses independent board approval, comparability data, and contemporaneous substantiation of the deliberation and decision when determining compensation of the top management officials as well as key employees. Form 990, Part VI, Section C, line 19 TMCF does not make public governing documents or the conflict of interest policy. The financials statements are posted to the website. Form 990, Part XI, line 9: Uncollectible pledges -1,713,095. Form 990, Part XII, Line 2c: TMCF's Finance Committee is responsible for oversight of the audit, including selection of the independent accountant. The process is consistent with previous years. TM2 Search LLC 901 F Street NW Suite 700 Washington DC 200041436 364827319 Education search/ leadership development services DE 0 22352 Thurgood Marshall College Fund Opportunity Funding Corporation Inc 901 F Street NW Suite 700 Washington DC 200041436 521429761 Business plan funding DC Thurgood Marshall College Fund Inc C 10 225978 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0