2025-07-23T15:31:24-05:00 2024-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2024-01-01 411750692 Thurgood Marshall College Fund THUR 2025074851 901 F St NW Ste 700 Washington DC 200041436 Aisha T Brown CFO and COO 2025074851 2025-07-23 1 1 Lori A Collingsworth P00639819 7038930300 2025-07-17 2024 2025-03-06 01:10:19Z Harry L Williams 901 F St NW Ste 700 Washington DC 200041436 96994332 0 X www.tmcf.org X 1993 DE Providing leadership development, scholarships, and advocacy to prepare new leaders. 32 32 114 48 0 0 76342112 84577154 288350 1248350 1143422 2329218 66242 101189 77840126 88255911 35393493 25231004 0 0 13610260 14774982 0 0 2594324 22047376 25701848 71051129 65707834 6788997 22548077 124287734 143339390 5637389 4340659 118650345 138998731 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 25231004 25231004 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 28559641 265150 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 383029 983200 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. 54173674 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 1 X 724 0 1 114 1 0 0 0 0 0 0 0 0 0 0 0 0 X 32 32 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 St NW Ste 700 Washington DC 200041436 Racquel Oden Chair 1.00 X X 0 0 0 Ciara Anfield Director 1.00 X 0 0 0 Terry Arnold Director 1.00 X 0 0 0 Gary Bettman Director 1.00 X 0 0 0 Cynthia Bowman 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 Byna Elliott Director 1.00 X 0 0 0 Robert Engel Director 1.00 X 0 0 0 Myron Frazier Director 1.00 X 0 0 0 Yvette Hunsicker Director 1.00 X 0 0 0 Jeffrey Hurd 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 Sean Lee Director 1.00 X 0 0 0 Lane McBride Director 1.00 X 0 0 0 April Payne-McMillian Director 1.00 X 0 0 0 Charles Merinoff Director 1.00 X 0 0 0 Machell Mims Director 1.00 X 0 0 0 Mark Nelson Director 1.00 X 0 0 0 Michelle Nettles 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 Josh Petty Director 1.00 X 0 0 0 Dr Quinton Ross Jr Director 1.00 X 0 0 0 Chris Scalia Director 1.00 X 0 0 0 Paul Sweeney Jr Esq Director 1.00 X 0 0 0 Byron Taylor 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 Tatia Williams Director 1.00 X 0 0 0 Dr Harry Lee Williams President & CEO 40.00 X 793000 0 76508 Tamara Mathis Thompson Chief Programs Officer 40.00 X 225616 0 24671 George Spencer Chief Development Officer 40.00 X 289800 0 57121 David Kyle Sheppard Chief Business and Legal Officer 40.00 X 335350 0 55637 Aisha T Brown Chief Finance & Operations Officer 40.00 X 399832 0 48677 Clara Ross Stamps Chief Marketing Officer 40.00 X 152789 0 33755 Jason Hundley Executive VP of Finance & Ops 40.00 X 254500 0 45318 Christopher Brown Exec. Director & Research Scientist 40.00 X 219808 0 38387 Martinique Lashawn Taylor Sr. VP of Programs 40.00 X 216000 0 52861 Dakota Doman Executive Director TM2 40.00 X 185980 0 13948 Tamaria Kai Perry SVP of Strategic Growth & Initiatives 40.00 X 185885 0 40297 3258560 0 487180 33 0 1 0 ACUE(Association of College and Universi 745 Fifth Avenue Suite 500 New York NY 10151 Microcredential Cohort/Facilitation 305000 Carlton Lee Copeland DBA Carlton Lee Stu 1952 Brannen Rd SE Atlanta GA 30316 Event design/ management 273506 Partnership for Education Advancement 499 Park Ave New York NY 10022 PTF Aggregate shared service pool 175000 Bureau of Creative Intelligence 2700 Welaunee Blvd Unit 1209 Tallahassee FL 32308 Designing/ Engineering 160500 Tyton Partners Consulting LLC 75 Federal Street Suite 200 Boston MA 02110 TMCF org Research 125000 6 67730 67500 84441924 46147 84577154 Contract income 900099 983200 983200 Registration fees 900099 265150 265150 1248350 1534967 1534967 9532672 8738421 794251 794251 794251 Refunds/ reimbursements 900099 101189 101189 101189 88255911 1248350 0 2430407 2659072 2659072 22571932 22571932 2492757 1255935 969025 267797 9627447 4850631 3742541 1034275 357094 179916 138816 38362 1499508 755502 582914 161092 798176 402148 310280 85748 60661 60661 135884 135884 4777356 4050981 183781 542594 795450 606545 160858 28047 1131384 841491 250473 39420 1855796 1072856 703979 78961 499837 121307 378530 10556552 9531165 864734 160653 5662025 5225969 296009 140047 116108 28237 87871 Dues and subscriptions 110795 19987 73480 17328 65707834 54173674 8939836 2594324 45686389 64297700 3461432 3946989 24681372 20674796 39502 887260 44061 0 47477644 50925242 226006 226034 2671328 2381369 124287734 143339390 2703410 1729930 2933979 2610729 5637389 4340659 X 39126297 50122232 79524048 88876499 118650345 138998731 124287734 143339390 X 22548077 1510157 -3709848 X X 0 1 X 1 0 X 97217874 97256947 71201594 76342112 84577154 426595681 97217874 97256947 71201594 76342112 84577154 426595681 81525307 345070374 98333 775160 1017553 1470915 1534967 4896928 431492609 3097214 0.79970 0.80470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2056151 150000 111787 300000 2017938 1607881 300000 148270 0 2056151 1800192 0 -155311 37000 1607881 250000 1500000 50192 0 1800192 250000 0 0 0 250000 0.00000 1.00000 0.00000 0 0 0 Deferred compensation liability 2288067 Lease liability - operating lease 102249 Due to affiliate 220413 2610729 X 95980184 1510129 6350000 28 7860157 88120027 135884 135884 88255911 75631798 6350000 3709848 10059848 65571950 135884 135884 65707834 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, 2024 and 2023, 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: OFC consolidated income 28. Part XII, Line 2d - Other Adjustments: Uncollectible pledges 1 Alabama A&M University Foundation PO Box 1057 Normal AL 35762 237067600 501(c)(3) 25000 0 N/A N/A Boeing Capacity Grant Alabama A&M University 105 Patton Hall Normal AL 35762 636001097 501(c)(3) or 115 141000 0 N/A N/A TMCF SOAR (Seeking, Observing and Achieving Results) Scholar Program Alabama State University Foundation PO Box 1046 Montgomery AL 36101 636067745 501(c)(3) 141000 0 N/A N/A TMCF SOAR (Seeking, Observing and Achieving Results) Scholar Program Bowie State University 14000 Jericho Park Road Bowie MD 207159465 526002033 501(c)(3) or 115 12500 0 N/A N/A Novartis Faculty Grant Delaware State University Foundation Inc 1200 North DuPont Highway Dover DE 19901 201372435 501(c)(3) 45032 0 N/A N/A DSU Near Completers Pilot Delaware State University Foundation Inc 1200 North DuPont Highway Dover DE 19901 201372435 501(c)(3) 675000 0 N/A N/A Institutional Grant Fayetteville State University 1200 Murchison Rd Fayetteville NC 28301 561238736 501(c)(3) or 115 141000 0 N/A N/A TMCF SOAR (Seeking, Observing and Achieving Results) Scholar Program Florida A&M University 1601 S Martin Luther King Jr Blvd Tallahassee FL 32307 590977035 501(c)(3) or 115 32500 0 N/A N/A Institutional Grant Hampton University 100 E Queen St Hampton VA 23669 540505990 501(c)(3) or 115 50000 0 N/A N/A Fellows Summit Hampton University 100 E Queen St Hampton VA 23669 540505990 501(c)(3) or 115 12500 0 N/A N/A Institutional Grant Howard University 2201 Georgia Avenue NW Washington DC 20059 530204707 501(c)(3) 429787 0 N/A N/A Faculty Awards Howard University 2201 Georgia Avenue NW Washington DC 20059 530204707 501(c)(3) 25000 0 N/A N/A Institutional Grant Jackson State University 1400 J R Lynch Street Jackson MS 39217 646000507 501(c)(3) or 115 32500 0 N/A N/A Institutional Grant Lawson State Community College 3060 Wilson Rd SW Birmingham AL 35221 630641064 501(c)(3) or 115 70500 0 N/A N/A TMCF SOAR (Seeking, Observing and Achieving Results) Scholar Program Livingstone College 701 W Monroe St Salisbury NC 28144 560603922 501(c)(3) 20000 0 N/A N/A Grow with Google Meharry Medical College 1005 Dr DB Todd Jr Blvd Nashville TN 372083599 620488046 501(c)(3) 12500 0 N/A N/A Institutional Grant Morehouse College 830 Westview Dr SW Atlanta GA 30314 580566205 501(c)(3) 25000 0 N/A N/A Boeing Capacity Grant Morgan State University Foundation 1700 E Cold Spring Ln Baltimore MD 21251 237089143 501(c)(3) 25000 0 N/A N/A Boeing Capacity Grant North Carolina A&T University 1601 E Market St Greensboro NC 27411 566000007 501(c)(3) or 115 50000 0 N/A N/A Boeing Capacity Grants North Carolina A&T University 1601 E Market St Greensboro NC 27411 566000007 501(c)(3) or 115 50000 0 N/A N/A Apple NSI Microgrant Grant North Carolina A&T University Foundation 1601 E Marke St Dowdy Bldg Ste 400 Greensboro NC 27411 237055330 501(c)(3) 40000 0 N/A N/A Medtronic R & D Grant North Carolina A&T University Foundation 1601 E Marke St Dowdy Bldg Ste 400 Greensboro NC 27411 237055330 501(c)(3) 12500 0 N/A N/A Novartis Faculty Grant Southern University and A&M College 801 Harding Blvd Baton Rouge LA 70807 726000817 501(c)(3) or 115 50000 0 N/A N/A Apple NSI Microgrant Grant Southern University and A&M College 801 Harding Blvd Baton Rouge LA 70807 726000817 501(c)(3) or 115 25000 0 N/A N/A Boeing Capacity Grant Southern University and A&M College 801 Harding Blvd Baton Rouge LA 70807 726000817 501(c)(3) or 115 37500 0 N/A N/A Novartis Faculty Grants Spelman College 350 Spelman Ln SW Atlanta GA 303144395 580566243 501(c)(3) 25000 0 N/A N/A Boeing Capacity Grant Spelman College 350 Spelman Ln SW Atlanta GA 303144395 580566243 501(c)(3) 12500 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 25000 0 N/A N/A Boeing Capacity Grant Tennessee State University 3500 John A Merritt Blvd Nashville TN 37209 620786119 501(c)(3) or 115 10235 0 N/A N/A CBRE Faculty Research Grant Tennessee State University 3500 John A Merritt Blvd Nashville TN 37209 620786119 501(c)(3) or 115 50000 0 N/A N/A Apple NSI Microgrant Grant Tennessee State University 3500 John A Merritt Blvd Nashville TN 37209 620786119 501(c)(3) or 115 12500 0 N/A N/A Novartis Faculty Grant Texas Southern University 3100 Cleburne Street Houston TX 77004 746001391 501(c)(3) or 115 12500 0 N/A N/A Novartis Faculty Grant Texas Southern University 3100 Cleburne Street Houston TX 77004 746001391 501(c)(3) or 115 23518 0 N/A N/A TMCF SOAR (Seeking, Observing and Achieving Results) Scholar Program Texas Southern University Foundation 3100 Cleburne Street Houston TX 77004 741620415 501(c)(3) 141000 0 N/A N/A TMCF SOAR (Seeking, Observing and Achieving Results) Scholar Program Tuskegee University 1200 W Montgomery Rd Tuskegee AL 36088 630288878 501(c)(3) 12500 0 N/A N/A Novartis Faculty Grant University of Maryland Eastern Shore 11868 College Backbone Rd Priness Anne MD 21853 526002033 501(c)(3) or 115 12500 0 N/A N/A Novartis Faculty Grant Virginia State University 1 Hayden Drive Virginia State Univers VA 23806 546074532 501(c)(3) or 115 141000 0 N/A N/A TMCF SOAR (Seeking, Observing and Achieving Results) Scholar Program 25 0 Scholarships 2852 22571932 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 1 0 X X X X 0 1 0 0 0 0 0 1 0 Dr Harry Lee Williams President & CEO 425000 0 260000 0 108000 0 23348 0 53160 0 869508 0 0 0 Aisha T Brown Chief Finance & Operations Officer 295932 0 103900 0 0 0 11995 0 36682 0 448509 0 0 0 David Kyle Sheppard Chief Business and Legal Officer 282475 0 52875 0 0 0 20020 0 35617 0 390987 0 0 0 George Spencer Chief Development Officer 241500 0 48300 0 0 0 23000 0 34121 0 346921 0 0 0 Jason Hundley Executive VP of Finance & Ops 185000 0 39500 0 30000 0 19671 0 25647 0 299818 0 0 0 Martinique Lashawn Taylor Sr. VP of Programs 180000 0 36000 0 0 0 6480 0 46381 0 268861 0 0 0 Christopher Brown Exec. Director & Research Scientist 184808 0 35000 0 0 0 13188 0 25199 0 258195 0 0 0 Tamara Mathis Thompson Chief Programs Officer 189616 0 36000 0 0 0 9025 0 15646 0 250287 0 0 0 Tamaria Kai Perry SVP of Strategic Growth & Initiative 146577 0 28000 0 11308 0 16593 0 23704 0 226182 0 0 0 Dakota Doman Executive Director TM2 170000 0 15980 0 0 0 0 0 13948 0 199928 0 0 0 Clara Ross Stamps Chief Marketing Officer 142789 0 10000 0 0 0 9167 0 24588 0 186544 0 0 0 Part I, Line 1a The Organization has an agreement with a residential building to lease an apartment for use by the President and CEO. 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. Substantial contributor Subst. contributor 406377 Rent 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 5 46147 Fair Market Value 0 0 0 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 management 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 -3,709,848. Form 990, Part XII, Line 2c: TMCF's Finance Committee is responsible for the oversight of the audit and the selection of the independent accountant. This process has not changed from prior years. TM2 Search LLC 901 F St NW Ste 700 Washington DC 200041436 364827319 Education search/ leadership development services DE 983200 1071601 Thurgood Marshall College Fund Opportunity Funding Corporation Inc 901 F St NW Ste 700 Washington DC 200041436 521429761 Business plan funding/ dormant DC Thurgood Marshall College Fund Inc C 28 226034 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0