Thurgood Marshall College Fund
History
The organization was established in 1987, under the leadership of Dr. N. Joyce Payne, in cooperation with Miller Brewing Company, Sony Music, the NBA, Reebok and the American Association of State Colleges and Universities to institutionally support public HBCUs. It underwent a name change in 2006 from the Thurgood Marshall Scholarship Fund to the Thurgood Marshall College Fund.
TMCF advocates for higher education at public historically black colleges and universities (HBCUs) and has grown from a small organization providing scholarships for public HBCUs, raising over $500 million to date for programmatic support, capacity building support, and scholarships for its member schools and the students matriculating on the campuses.
Its mission differs from that of the United Negro College Fund, which supported approximately 65,000 students at 900 colleges and universities with approximately $113 million in grants and scholarships in 2015 alone. The Thurgood Marshall College fund supports 55 schools and is a 501(c)(3) tax-exempt, charitable organization, which means it does not pay taxes on its income.
TMCF was granted $50 million in 2015 by Apple, $26.5 million in 2017 by the Charles Koch Foundation and Koch Industries, and $6 million by The Boeing Company in 2018.
Acquisitions
In 2013, TMCF acquired the Opportunity Funding Corporation (OFC), merging the two organizations with TMCF becoming the parent organization. Both organizations share a similar mission of providing service to the HBCU community, particularly in the area of talent identification. While continuing its efforts to enhance the entrepreneurship curriculum within public and private HBCUs, OFC will identify the promising future entrepreneurs and introduce them to potential investors and successful entrepreneurs.
Leadership
- Harry L. Williams became president and CEO in 2018.
- Johnny C. Taylor Jr. was president and CEO from 2010 to 2018.
- Johnny Parham became the first executive director in 1994.
- Dwayne Ashley served as president and the chief executive officer from 1999 to 2010 and created the Leadership Institute and Member Schools Conference.
Member schools listing
Member School Breakdown:
- 55 Member School Breakdown
- 42 HBCUs: 4-year Historically Black Colleges and Universities
- 6 LAW: HBCU Law Schools
- 1 MED: HBCU Medical School
- 3 PBIs: 4-year Predominantly Black Institutions
- 7 Historically Black Community Colleges
- 1 technical college
- 42 HBCUs: 4-year Historically Black Colleges and Universities
- ^ North Carolina A&T football plays in CAA Football, which is administered by the all-sports CAA as a separate entity.
TMCF Partners
Scholarships
- Adobe
- Wells Fargo
- Hershey
- Lowe's
- Molson Coors
- Honda
- Charles Koch Foundation
- Coca-Cola
- NHL
- NBA
- Costco Wholesale
- Apple
- Altria
- McDonald's
- Medtronic Foundation
- VISA
- Mondelez International
- Cheniere
- T-Mobile
K-12 Initiatives
Student Leadership and Talent Sourcing
- Adobe
- Wells Fargo
- Walmart
- Molson Coors
- Hershey
- Koch Industries Inc
- Medtronic
- Apple
- United Airlines
- Microsoft
- Merrill Lynch
- Amazon
- Gallup
- John Deere
- Kellogg's
- Booz Allen Hamilton
- Ally
- Marines
Innovation and Entrepreneurship
Higher Education Research
Board of directors
- Breakthru Beverage Group
- NHL
- Boeing
- Wells Fargo
- Sidley Austin LLP
- Costco Wholesale
- Walmart
- John Deere
- GCM Grosvenor
- Central State University
- United Airlines
- Molson Coors
- JPMorgan Chase
- Altria
- Lincoln University
- NBA
- K&L Gates
- Booz Allen Hamilton
- Hershey
- ManpowerGroup
- Honda
References
- ^ "The Mega List of Scholarships You Should Apply for | Class of 2021-2022". Archived from the original on 2021-06-13. Retrieved 2021-06-17.
- ^ "Thurgood Marshall College Fund, Citi Foundation Announce Partnership to Provide Career Readiness Support to HBCU Students". 15 June 2021. Archived from the original on 24 June 2021. Retrieved 19 June 2021.
- ^ "Business Roundtable Partners with Thurgood Marshall College Fund to Invest in HBCU Students". Archived from the original on 2021-07-11. Retrieved 2021-07-11.
- ^ "What is the Thurgood Marshall College Fund? - Best Value Schools". 21 July 2020. Archived from the original on 24 June 2021. Retrieved 17 June 2021.
- ^ "Thurgood Marshall College Fund (TMCF)". 16 March 2020. Archived from the original on 24 June 2021. Retrieved 17 June 2021.
- ^ "Thurgood Marshall College Fund and United Negro College Fund Partner with Testing for America to Help Safely Reopen HBCUs". Archived from the original on 2021-06-24. Retrieved 2021-06-19.
- ^ Lev-Ram, Michal (March 10, 2015). "Apple commits more than $50 million to diversity efforts". Fortune. Archived from the original on 7 January 2019. Retrieved 30 January 2019.
- ^ White Goode, Robin (January 12, 2017). "Charles Koch Gives $25.6 Million to Thurgood Marshall College Fund". Black Enterprise. Archived from the original on 1 March 2019. Retrieved 30 January 2019.
- ^ "Boeing: Boeing invests $6 million in Thurgood Marshall College Fund" (Press release). The Boeing Company. June 5, 2018. Archived from the original on 21 February 2019. Retrieved 30 January 2019.
- ^ "Thurgood Marshall College Fund Serves as Critical Driver in Corporate America DEI Efforts". Archived from the original on 2021-07-11. Retrieved 2021-07-11.
- ^ "Member Thurgood Marshall College Fund Merges with Opportunity Funding Corporation as First Step in New Growth Strategy". August 2013. Archived from the original on 2021-06-24. Retrieved 2021-06-19.
- ^ "Thurgood Marshall College Fund". Tmcf.org. Archived from the original on 2022-02-14. Retrieved 2022-02-20.
- ^ Taylor, Johnny C. Jr. (11 December 2017). "I'm Passing the TMCF Baton to DSU President Dr. Harry L. Williams". New York Amsterdam News. Archived from the original on 2017-12-11. Retrieved 2018-11-28.
- ^ "Member-Schools". Thurgood Marshall College Fund. Retrieved 2022-02-27.
- ^ "Member-Schools Breakdown".
- ^ "Our Partners". Thurgood Marshall College Fund. Retrieved 2022-02-27.