2019-09-26T11:20:34-05:00 2018-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2018-01-01 411750692 Thurgood Marshall College Fund THUR 2025074851 901 F Street NW No 300 Washington DC 20004 Aisha T Brown Vice President of Finance 2025074851 2019-09-26 1 Lori A Collingsworth P00639819 7038930300 2019-09-26 174.70.27.74 2019-09-26 12:18:34 ED P 5757F712A8161F6F3964D64EA127352BD3BB441C 5757F712A8161F6F3964D64EA127352BD3BB441C 2018 2019-02-21 02:37:17Z Harry L Williams 901 F Street NW No 300 Washington DC 20004 26413981 0 X www.tmcf.org X 1993 DE Providing leadership development, scholarships, and advocacy to prepare new leaders. 25 24 72 24 0 3153 21693033 24879611 491314 154665 97765 73779 113630 52900 22395742 25160955 4721839 6656896 0 0 9352093 9038499 0 0 751839 8088931 8876536 22162863 24571931 232879 589024 14915015 13406083 5170128 3149669 9744887 10256414 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 6656896 6656896 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 15020675 89800 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 129351 64865 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. 21806922 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 X 100 0 1 72 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 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 Jason M Hundley Senior Director o 2025074851 901 F Street NW No 300 Washington DC 20004 Jim Clifton Chair 1.00 X X 0 0 0 Gary B Bettman Director 1.00 X 0 0 0 Theodore Colbert III Director 1.00 X 0 0 0 Virgis W Colbert Director 1.00 X 0 0 0 Robert A Engel Director 1.00 X 0 0 0 Lt General Arthur J Gregg Director 1.00 X 0 0 0 Craig A Griffith Director 1.00 X 0 0 0 Doris E Harley Director 1.00 X 0 0 0 Sandra Hurse Director 1.00 X 0 0 0 Cynthia Jackson-Hammond Director 1.00 X 0 0 0 Collis R 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 Charles Merinoff Director 1.00 X 0 0 0 Michelle Nettles Director 1.00 X 0 0 0 Racquel Oden Director 1.00 X 0 0 0 Dr N Joyce Payne Director 1.00 X 0 0 0 Neil A Simmons Director 1.00 X 0 0 0 Kent J Smith Jr Director 1.00 X 0 0 0 David J Stern Director 1.00 X 0 0 0 Paul W Sweeney Jr Esq Director 1.00 X 0 0 0 Betty Thompson 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 Harry L Williams President & CEO 40.00 X X 518871 0 24719 Johnny C Taylor Jr Former President & CEO 40.00 X 16326 0 9656 Nias White Vice President of Finance 40.00 X 15923 0 10782 Michael Scott Lilly Chief Programs Officer 40.00 X 267072 0 27522 Gerard T Robinson Executive Director of CAO 40.00 X 241264 0 25856 Jamaal Bailey Chief Marketing & Admin Officer 40.00 X 207085 0 17063 David K Sheppard Sr VP, Gen. Counsel & Chief of Staff 40.00 X 194538 0 7875 George Spencer Executive VP of Business Development 40.00 X 158253 0 24265 Brad Gebert Chief Technology Officer 40.00 X 142462 0 27052 Dawna Taylor-Thornton Principal Investigator & ED of VBMA 40.00 X 138504 0 27416 Jennifer Wider Executive Director of CAO 40.00 X 126200 0 10219 Andrea Horton Senior VP of Programs 40.00 X 154824 0 16185 Amy Goldstein Senior Director of Revenue 40.00 X 110643 0 18454 2291965 0 247064 14 0 1 0 Stephney Riley Thomas 4130 Donalbain Drive Spring TX 77373 Travel and Meeting Logistics 152996 1 110506 82500 938025 5831618 17916962 1000000 24879611 Contract revenue 900099 153865 153865 Registration fees 900099 800 800 154665 67098 67098 1060365 1053684 6681 6681 6681 232675 938025 199342 33333 33333 Rebates, refunds, reimbursements 900099 19567 19567 19567 25160955 154665 0 126679 2019229 2019229 4637667 4637667 1767067 1390459 255619 120989 5749457 4524098 831700 393659 39815 31329 5760 2726 1053946 829322 152461 72163 428214 336950 61945 29319 136650 136650 16180 16180 8309 8309 2300924 2219940 65484 15500 633695 625596 5022 3077 351197 281000 41781 28416 434103 319116 113722 1265 520905 300223 220682 3150455 3104812 2034 43609 1059385 1025992 1740 31653 41945 23218 18727 16182 8957 7225 52472 29202 23270 Dues and subscriptions 134613 99812 25338 9463 Registrations 13974 13974 Employee recruitment 5547 5547 24571931 21806922 2013170 751839 328216 152672 6639471 559597 6287649 10794557 24691 24691 200000 900000 55906 700421 869264 843212 42234 26052 1089348 0 241175 240896 6325 7197 14915015 13406083 668121 686368 3397333 1403875 1078934 1038704 25740 20722 5170128 3149669 X -537929 -2579715 10032816 12586129 250000 250000 9744887 10256414 14915015 13406083 589024 -77497 0 X X 0 1 X 1 1 1 X 12693877 18164542 16882396 21693033 24879611 94313459 12693877 18164542 16882396 21693033 24879611 94313459 28978326 65335133 184168 312390 215824 94077 67098 873557 95187016 3814001 0.68640 0.68470 X 250000 250000 250000 250000 250000 250000 250000 250000 250000 250000 0.00000 1.00000 0.00000 0 0 51536 50024 1512 507222 482682 24540 310506 310506 0 26052 Deferred rent 20722 20722 X 26326757 -77218 1042719 200301 1165802 25160955 0 25160955 25815230 1042719 200580 1243299 24571931 0 24571931 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, 2018 and 2017, 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 199,342. OFC consolidated income 959. Part XII, Line 2d - Other Adjustments: Special event expenses 199,342. OFC consolidated expenses 1,238. Annual Gala 1004925 782000 222925 52470 52470 18900 NJ Awards of Excellence (AOE) 165775 156025 9750 505 5510 17132 52355 1170700 938025 232675 505 57980 69602 18900 52355 199342 33333 1 Albany State University 504 College Drive Albany GA 31705 580001966 501(c)(3) or 115 363692 0 N/A N/A Capacity Building National Academy of Sciences 500 Fifth Street NW Washington DC 20001 530196932 501(c)(3) 10000 0 N/A N/A Minority Serving Institution Grant North Carolina A&T State University 1601 East Market Stret Greensboro NC 27411 566000007 501(c)(3) or 115 50000 0 N/A N/A Capacity Building Texas Southern University 3100 Cleburne Street Houston TX 77004 746001391 501(c)(3) or 115 813521 0 N/A N/A Capacity Building University of the District of Columbia Foundation 4200 Connecticut Avenue NW Washington DC 20008 521152624 501(c)(3) 316666 0 N/A N/A Capacity Building Winston Salem State University 601 S Martin Luther King Jr Drive WinstonSalem NC 27110 566001466 501(c)(3) or 115 465350 0 N/A N/A Capacity Building 6 0 Scholarships and Awards 1325 4637667 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 0 0 0 0 0 0 1 0 Harry L Williams President & CEO 393871 0 125000 0 0 0 0 0 24719 0 543590 0 0 0 Michael Scott Lilly Chief Programs Officer 267072 0 0 0 0 0 9000 0 18522 0 294594 0 0 0 Gerard T Robinson Executive Director of CAO 206264 0 35000 0 0 0 0 0 25856 0 267120 0 0 0 Jamaal Bailey Chief Marketing & Admin Officer 172085 0 35000 0 0 0 975 0 16088 0 224148 0 0 0 David K Sheppard Sr VP, Gen. Counsel & Chief of Staff 159538 0 35000 0 0 0 0 0 7875 0 202413 0 0 0 George Spencer Executive VP of Business Development 134291 0 23962 0 0 0 3613 0 20652 0 182518 0 0 0 Brad Gebert Chief Technology Officer 129232 0 13230 0 0 0 9000 0 18052 0 169514 0 0 0 Dawna Taylor-Thornton Principal Investigator & ED of VBMA 124704 0 12675 0 1125 0 0 0 27416 0 165920 0 0 0 Andrea Horton Senior VP of Programs 120449 0 34375 0 0 0 0 0 16185 0 171009 0 0 0 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 See Part V Part V Part V X 1000000 900000 0 1 1 900000 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 March 2014 to a private corporation, for the repurchase of donated stocks back from the Organization, over five years, in 20% annual increments plus accrued interest each year.Original principal amount: 1,000,000Balance due beginning of year: 200,000Balance due end of year: -0-(a) Name of Person: Substantial contributor(b) Relationship with Organization: Substantial contributor(c) Purpose of Loan: Note receivable consists of a note issued in March 2018 to a private corporation, for the repurchase of donated stocks back from the Organization, over five years, in 20% annual increments plus accrued interest each year.Original principal amount: 1,000,000Balance due beginning of year: -0-Balance due end of year: 900,000 X 1 1000000 FMV stock pledge 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. 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 makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XII, Line 2c: TMCF's Audit 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 300 Washington DC 20004 364827319 Education search/ leadership development services DE 64865 32352 Thurgood Marshall College Fund Opportunity Funding Corporation Inc 901 F Street NW Suite 300 Washington DC 20004 521429761 Business plan funding DC Thurgood Marshall College Fund Inc C 959 245241 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0