2016-05-12T12:56:36-05:00 2015-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2015-01-01 411750692 Thurgood Marshall College Fund THUR 2025074851 901 F Street NW No 300 Washington DC 20004 Johnny C Taylor Jr President & CEO 2025074851 2016-05-12 1 Lori A Collingsworth P00639819 7038930300 2016-05-12 2015 2016-09-27 15:27:22Z Johnny C Taylor Jr 901 F Street NW No 300 Washington DC 20004 19459857 0 X www.tmcf.org X 1993 DE Providing leadership development, scholarships, and advocacy to prepare new leaders. 30 30 156 0 0 0 12693877 18164542 514269 332378 8231 184113 346399 216999 13562776 18898032 2151097 7677349 0 0 4519544 5416713 0 0 497995 4862566 4537487 11533207 17631549 2029569 1266483 11318738 14113142 2752453 4580339 8566285 9532803 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 8108438 7677349 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 7188647 332378 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 15297085 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 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 X 83 0 1 156 1 0 0 0 0 0 1 1 0 0 0 0 X 30 30 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 Nias White Vice President of Finance & Administration 2025074851 901 F Street NW No 300 Washington DC 20004 Jim Clifton Chair 1.00 X X 0 0 0 Racquel Oden Treasurer 1.00 X X 0 0 0 Claire Babineaux-Fontenot Director 1.00 X 0 0 0 Arthur Jackson Director 1.00 X 0 0 0 Neil Simmons Director 1.00 X 0 0 0 Dmitri Stockton Director 1.00 X 0 0 0 Harry Williams Director 1.00 X 0 0 0 Virgis Colbert Director 1.00 X 0 0 0 Lt General Arthur Gregg Director 1.00 X 0 0 0 Samuel Boyd Jr Director 1.00 X 0 0 0 Ronald Mason Jr Director 1.00 X 0 0 0 Gary Bettman 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 Craig Griffith Director 1.00 X 0 0 0 Marc Howze Director 1.00 X 0 0 0 Kenneth Martin Jr Director 1.00 X 0 0 0 David Stern Director 1.00 X 0 0 0 Larry Waters Director 1.00 X 0 0 0 Curt Kolcun Director 1.00 X 0 0 0 Naomi Hudson Director 1.00 X 0 0 0 Greg Jones 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 Michael Sherman Director 1.00 X 0 0 0 Hardy Dorsey Director 1.00 X 0 0 0 Paul Sweeney Jr Director 1.00 X 0 0 0 Betty Thompson Director 1.00 X 0 0 0 Steven Wolfe Pereira Director 1.00 X 0 0 0 Kevin Walling Director 1.00 X 0 0 0 Johnny C Taylor Jr President & CEO 40.00 X 699859 0 20129 Kathy C Harris Chief of Staff 40.00 X 161171 0 6175 Jennifer H Wider Vice President 40.00 X 150924 0 10944 Velma R Hart Chief Financial Officer 40.00 X 141014 0 16613 M Scott Lilly VP, Talent Acq. and Campus Relations 40.00 X 166455 0 19909 Jamaal O Bailey VP, Marketing 40.00 X 168388 0 7121 Edith L Bartley VP, Governmental Affairs 40.00 X 141184 0 11923 M Bradley Gebert Chief Information Officer 40.00 X 136734 0 18534 Julie Eberly Chief Development Officer 40.00 X 109615 0 651 1875344 0 111999 12 0 1 0 0 108747 111785 2048501 2716541 13178968 45653 18164542 Registration fees 900099 153700 153700 Contract revenue 900099 149375 149375 Other conference & tuition 900099 29303 29303 332378 129769 129769 20 20 182601 0 182601 182601 182601 287928 233584 54344 54344 54344 294789 2048501 328241 -33452 -33452 Rebates, refunds, reimbursements 900099 67830 67830 67830 18898032 332378 0 401112 5588381 5588381 2088968 2088968 1206829 829992 274796 102041 3405258 2542763 633711 228784 54895 42490 6993 5412 701781 543194 89403 69184 47950 37114 6108 4728 1984 727 1257 40831 14967 25864 23692 23692 689371 576092 76154 37125 160189 144577 11304 4308 197725 152896 26300 18529 426575 342799 79464 4312 550854 222899 327955 1478120 1436382 23569 18169 660571 622397 34278 3896 55072 20187 34885 29580 10843 18737 31447 11527 19920 Bad debt expense 69471 69471 Dues and subscriptions 56465 40063 14985 1417 Miscellaneous 51517 22687 28740 90 Registrations 10992 4029 6963 3031 1111 1920 17631549 15297085 1836469 497995 516531 596797 66617 2763415 9396645 3884615 61029 66993 800000 600000 75 14231 862082 771848 110461 90234 0 5806274 325430 242220 41950 48363 11318738 14113142 628308 694376 296172 2565592 1200000 1161203 500000 0 127973 159168 2752453 4580339 X -3383725 -2842497 11700010 12125300 250000 250000 8566285 9532803 11318738 14113142 1266483 -299965 0 X X 0 1 X 1 0 X 15627958 9516944 19059834 12693877 18164542 75063155 15627958 9516944 19059834 12693877 18164542 75063155 27519421 47543734 17167 168586 175255 184168 312390 857566 75920721 3938190 0.62620 0.67320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250000 250000 250000 250000 250000 819 819 250000 250000 442 442 250000 250000 656 656 250000 0.00000 1.00000 0.00000 0 0 44354 34946 9408 166486 110026 56460 651242 626876 24366 90234 Deferred rent 110676 Security deposit 48492 159168 X 21012248 -299965 2085940 328241 2114216 18898032 0 18898032 20045730 2085940 328241 2414181 17631549 0 17631549 Part V, Line 4: TMCF's endowment funds are intended to be used for future scholarships. Part X, Line 2: TMCF performed an evaluation of uncertain tax positions for the years ended December 31, 2015 and 2014, 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 328,241. Part XII, Line 2d - Other Adjustments: Special event expenses 328,241. Annual Dinner 2193170 1929386 263784 1526 268324 30366 NJ Awards of Excellence (AOE) 150120 119115 31005 725 26500 800 2343290 2048501 294789 2251 294824 31166 328241 -33452 1 Alabama A&M University 4900 Meridian Street North Normal AL 35762 636001097 501(c)(3) or 115 50000 300000 FMV Software licenses Incentive Grant/ Software license grant Alabama State 915 S Jackson Street Montgomery AL 36104 636067745 501(c)(3) or 115 50000 0 FMV Software licenses Incentive Grant Albany State 504 College Drive Albany GA 31705 586001996 501(c)(3) or 115 0 75000 FMV Software licenses Software license grant Alcorn State University 1000 ASU Drive Alcorn State MS 39096 646000013 501(c)(3) or 115 0 800000 FMV Software licenses Software license grant Central State University 1400 Brush Row Road Wilberforce OH 45384 310675386 501(c)(3) or 115 0 273500 FMV Software licenses Software license grant Coppin State University 2500 West North Avenue Baltimore MD 21216 526002033 501(c)(3) or 115 0 600000 FMV Software licenses Software license grant Elizabeth City State University PO Box 912 Canal Street Station New York NY 10013 237115345 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant Fayetteville State University 1200 Murchison Road Fayetteville NC 28301 237029901 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant Florida A&M University 101 Foote Hilyer Tallahassee FL 32307 590977035 501(c)(3) or 115 0 65000 FMV Software licenses Software license grant Grambling State University PO Box 629 Grambling LA 71245 720758240 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant Hampton University 100 East Queen Steet Hampton VA 23668 540505990 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant Kentucky State University 400 East Main Street Hume Hall Suite 103 Office of IR Frankfort KY 40601 611099712 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant Langston University PO Box 1500 Langston OK 73050 911896819 501(c)(3) or 115 0 530000 FMV Software licenses Software license grant Medgar Evers College 1650 Bedford Avenue New York NY 11225 136400434 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant Mississippi Valley State College 14000 Highway 82 West Itta Bena MS 38941 646001395 501(c)(3) or 115 0 68500 FMV Software licenses Software license grant Morehouse College 830 Westview Dr SW Atlanta GA 30314 580566205 501(c)(3) or 115 50000 701000 FMV Software licenses Incentive Grant/ Software license grant Morgan State University 1700 E Cold Spring Lane Baltimore MD 21251 526002033 501(c)(3) or 115 50000 48500 FMV Software licenses Incentive Grant/ Software license grant Norfolk State University 700 Park Avenue Norfolk VA 23504 546002808 501(c)(3) or 115 50000 65000 FMV Software licenses Incentive Grant/ Software license grant North Carolina A&T State University 1601 E Market Street Greensboro NC 27411 566000756 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant North Carolina Central University 1801 Fayetteville Street Durham NC 27707 237410301 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant Prairie View A&M University SR Collins Building 111 Mailstop 2515 Prairie View TX 77446 760336834 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant Savannah State University 3219 College Street Savannah GA 31404 586002069 501(c)(3) or 115 50000 9500 FMV Software licenses Incentive Grant/ Software license grant Shaw University 1118 E South Street Raleigh NC 27601 560530235 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant South Carolina State University 300 College Street NE Orangeburgs SC 29117 576000950 501(c)(3) or 115 0 4500 FMV Software licenses Software license grant Spelman College 350 Spelman Lane SW Box 616 Atlanta GA 30314 580566243 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant Tennessee State University 3500 John A Merit Blvd Nashville TN 37209 620786119 501(c)(3) or 115 0 350000 FMV Software licenses Software license grant Texas Southern 3100 Cleburne Avenue Houston TX 77004 746001391 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant Tuskegee University 1200 W Montgomery Rd Tuskegee AL 36088 630288878 501(c)(3) or 115 50000 885000 FMV Software licenses Incentive Grant/ Software license grant University of Arkansas at Pine Bluff 1200 North University Drive Pine Bluff AZ 71601 716010030 501(c)(3) or 115 0 10000 FMV Software licenses Software license grant University of the Virgin Islands 2 John Brewers Bay St. Thomas VQ 00802-9990 660432514 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant West Virginia State University PO Box 1000 Institute WV 25112 556019228 501(c)(3) or 115 50000 0 N/A N/A Incentive Grant Virginia State University 1 Hayden Drive PO Box 9068 Petersburg VA 23806 546001811 501(c)(3) or 115 0 163000 FMV Software licenses Software license grant York College 94-20 Guy R Brewer Blvd Jamaica NY 11451 231352698 501(c)(3) or 115 0 612000 FMV Software licenses Software license grant Return of prior year software license grants (re-granted 2015) 901 F Street NW Washington DC 20004 501(c)(3) or 115 -1025954 FMV Software licenses Return of prior year license grants 33 0 Scholarships and Awards 652 2088968 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): Incentive Grant Recipients: Recipients of the Apple and TMCF HBCU Initiative Comprehensive Database Program incentive grants were among the very first to submit complete data on undergraduate students and faculty in computer science-related disciplines at their institutions. Initially, there were to be twenty (20) $50,000 incentive grants awarded in the inaugural year of the program. However, due to a tie resulting from the review process, Apple and TMCF generously agreed to award twenty-one (21) $50,000 incentive grants. Software license grants: These grants make available Microsoft software and licenses across the spectrum of Microsoft products including operating system software, desktop applications, programming, server, site management and instructional software to address long-term technology needs of HBCU campuses. X X X 0 0 0 0 0 0 0 1 0 Johnny C Taylor Jr President & CEO 370859 0 329000 0 0 0 9000 0 11129 0 719988 0 0 0 Kathy C Harris Chief of Staff 141171 0 20000 0 0 0 0 0 6175 0 167346 0 0 0 Jennifer H Wider Vice President 120924 0 30000 0 0 0 4888 0 6056 0 161868 0 0 0 Velma R Hart Chief Financial Officer 141014 0 0 0 0 0 0 0 16613 0 157627 0 0 0 M Scott Lilly VP, Talent Acq. and Campus Relations 136455 0 30000 0 0 0 8401 0 11508 0 186364 0 0 0 Jamaal O Bailey VP, Marketing 138388 0 30000 0 0 0 975 0 6146 0 175509 0 0 0 Edith L Bartley VP, Governmental Affairs 116184 0 25000 0 0 0 5872 0 6051 0 153107 0 0 0 M Bradley Gebert Chief Information Officer 112734 0 24000 0 0 0 8654 0 9880 0 155268 0 0 0 Part I, Line 7 Bonuses received by all officers are discretionary and determined based upon performance. X 2 28648 Fair Market Value X Supplies 6 17005 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. 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 11 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. Opportunity Funding Corporation Inc 901 F Street NW Suite 300 Washington DC 20004 521429761 Business plan funding DC Thurgood Marshall College Fund Inc C -8210 242220 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 Opportunity Funding Corporation Inc S 75000 Cash distribution