2015-05-27T15:05:29-05:00 2014-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2014-01-01 411750692 Thurgood Marshall College Fund THUR 2025074851 901 F Street NW No 300 Washington DC 20004 Velma R Hart CAE Chief Financial Officer 2025074851 2015-05-27 1 Lori A Collingsworth P00639819 7038930300 2015-05-27 2014 2016-02-25 16:41:14Z Johnny C Taylor Jr 901 F Street NW No 300 Washington DC 20004 13895148 0 X www.tmcf.org X 1993 DE Providing leadership development, scholarships, and advocacy to prepare new leaders. 28 28 123 0 0 0 19059834 12693877 406362 514269 7010 8231 276564 346399 19749770 13562776 9214087 2151097 0 0 3934106 4519544 0 0 525251 4183712 4862566 17331905 11533207 2417865 2029569 11779354 11318738 5236578 2752453 6542776 8566285 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 2235170 2151097 Scholarships and grants: The Scholarship Program provides merit-based scholarships to students seeking financial assistance to complete their education. TMCF scholarship recipients 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 a liaison and provide support to students throughout the internship program. See Schedule O for continuation 7123153 514269 Leadership training and seminars: The Teachers Qualify 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 one-week summer institutes designed to give education majors experience in the application of educational theories and practices. See Schedule O for continuation 9358323 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 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 127 0 1 123 1 0 0 0 0 0 1 1 0 0 0 0 X 28 28 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 Velma R Hart CAE Chief Financial Officer 2025074851 901 F Street NW No 300 Washington DC 20004 Jim Clifton Chair 1.00 X X 0 0 0 Ken Wilcox Treasurer 1.00 X X 0 0 0 Racquel Oden Secretary 1.00 X X 0 0 0 Claire Babineaux-Fontenot Director 1.00 X 0 0 0 Gary Bettman Director 1.00 X 0 0 0 Samuel J Boyd Jr Director 1.00 X 0 0 0 William Cox Director 1.00 X 0 0 0 Hardy Dorsey Director 1.00 X 0 0 0 Robert A Engel Director 1.00 X 0 0 0 John Esposito Director 1.00 X 0 0 0 Thomas Harvey Director 1.00 X 0 0 0 Naomi Hudson Director 1.00 X 0 0 0 Arthur Jackson Jr Director 1.00 X 0 0 0 Curt Kolcun Director 1.00 X 0 0 0 Dr Ronald Mason Jr Director 1.00 X 0 0 0 Charles Merinoff Director 1.00 X 0 0 0 David J Stern Director 1.00 X 0 0 0 Dmitri Stockton 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 Kevin Walling Director 1.00 X 0 0 0 Craig A Griffith Director 1.00 X 0 0 0 Gregory Jones Director 1.00 X 0 0 0 Kenneth Martin Jr Director 1.00 X 0 0 0 Marc A Howze Director 1.00 X 0 0 0 Michelle Nettles Director 1.00 X 0 0 0 Neil A Simmons Director 1.00 X 0 0 0 Ted Colbert Director 1.00 X 0 0 0 Johnny C Taylor Jr President & CEO 40.00 X 594220 0 22341 Velma R Hart CAE Chief Financial Officer 40.00 X 170998 0 25824 Jamaal Bailey VP of Marketing 40.00 X 156572 0 8128 M Scott Lilly VP of Talent Acquisition 40.00 X 148315 0 23121 Jennifer Wider VP of Development 40.00 X 138735 0 11687 Kathy Harris Chief of Staff 40.00 X 132682 0 9197 Edith Bartly VP of Government Affairs 40.00 X 117746 0 12867 1459268 0 113165 9 0 1 0 Skep Ventures LLC 500 Baron Road Waxhaw NC 28173 Information Technology 140000 MWW Group 1 Meadowlands Plaza East Rutherford NJ 07073 Communications 109298 2 92807 841910 3753815 8005345 44912 12693877 Contract revenue 900099 290340 290340 Registration fees 900099 223929 223929 514269 8231 8231 175937 0 175937 175937 175937 490970 841910 332372 158598 158598 Other receipts 900099 11864 11864 11864 13562776 514269 0 354630 2151097 2151097 812384 529564 201384 81436 3008665 2131442 629540 247683 40177 28810 6833 4534 624002 447460 106123 70419 34316 24607 5836 3873 1635 571 1064 57013 19910 37103 1027527 880676 61851 85000 168808 163605 1783 3420 190800 151458 34754 4588 258423 189555 63873 4995 510330 224147 286183 1657125 1596754 48669 11702 666654 664478 1476 700 39577 13163 25756 658 41269 13726 26857 686 36713 12821 23892 Dues and subscriptions 110213 92409 12557 5247 Bad debt expense 54888 54888 Miscellaneous 30902 18428 12474 Registrations 9851 3440 6411 838 202 326 310 11533207 9358323 1649633 525251 72876 583148 3720552 0 6398975 9396645 43677 61029 0 800000 18104 75 911352 800891 151730 110461 1331490 325430 41950 41950 11779354 11318738 611068 628308 3124201 296172 1304356 1200000 0 500000 196953 127973 5236578 2752453 X -2368169 -3383725 8660945 11700010 250000 250000 6542776 8566285 11779354 11318738 2029569 -6060 0 X X 0 1 X 1 1 1 X 9453356 15627958 9516944 19059834 12693877 66351969 9453356 15627958 9516944 19059834 12693877 66351969 21288305 45063664 9643 17167 168586 175255 184168 554819 608 20187 11864 32659 66939447 3710742 0.67320 0.70180 X Schedule A, Part II, Line 10, Explanation of Other Income: Other income - 2010 Amount: $ 608. 2011 Amount: $ 20,187. 2014 Amount: $ 11,864. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250000 250000 250000 819 819 250000 250000 442 442 250000 250000 656 656 250000 250000 -6800 6800 250000 0.00000 1.00000 0.00000 0 0 35000 34179 821 709866 670456 39410 166486 96256 70230 110461 Deferred rent 79481 Security deposit 48492 127973 X 14410976 -6060 521888 332372 848200 13562776 0 13562776 12387467 521888 332372 854260 11533207 0 11533207 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, 2014 and 2013, 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 332,372. Part XII, Line 2d - Other Adjustments: Special event expenses 332,372. Annual Dinner 1158772 711692 447080 16250 222698 71624 NJ Awards of Excellence (AOE) 174108 130218 43890 21400 400 1332880 841910 490970 16250 244098 72024 332372 158598 1 Scholarships and Awards 519 2151097 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. X X X 0 0 0 0 0 0 0 1 0 Johnny C Taylor Jr President & CEO 331150 0 251070 0 12000 0 8750 0 13591 0 616561 0 0 0 Velma R Hart CAE Chief Financial Officer 139998 0 31000 0 0 0 3650 0 22174 0 196822 0 0 0 Jamaal Bailey VP of Marketing 131572 0 25000 0 0 0 975 0 7153 0 164700 0 0 0 M Scott Lilly VP of Talent Acquisition 133315 0 15000 0 0 0 8100 0 15021 0 171436 0 0 0 Jennifer Wider VP of Development 113735 0 25000 0 0 0 4534 0 7153 0 150422 0 0 0 Part I, Line 7 Bonuses received by all officers are discretionary and determined based upon performance. X 7 26413 Fair Market Value X Samsung tablets 50 18500 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. Program fellows will attend one of four institutes being held around the country. 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 -6060 325430 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0