2012-06-14T12:06:32-05:00 2011-12-31 521511275 Raffa PC 1899 L Street NW Suite 900 Washington DC 20036 990 2011-01-01 411750692 Thurgood Marshall College Fund Inc THUR 2125738888 80 Maiden Lane No 2204 New York NY 10038 Velma R Hart CAE 2025074858 2012-06-14 1 Frank H Smith P00639053 2028225000 2012-06-13 2011 2016-02-24 21:20:13Z Johnny C Taylor Jr 80 Maiden Lane No 2204 New York NY 10038 16134139 0 X www.thurgoodmarshallfund.org X 1993 DE Providing leadership development, scholarships, and advocacy to prepare new leaders. 29 29 102 29 0 0 9453356 15627958 0 185600 9643 5044 -10425 -386737 9452574 15431865 2154411 7068361 0 0 3612971 3822812 0 0 297091 4537202 4015836 10304584 14907009 -852010 524856 6103445 7019440 2356428 3048878 3747017 3970562 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 7068361 7068361 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. 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. 5448453 185600 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 (HBCUs) 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. This training will equip future teachers with the skills they need to successfully enter high-need schools in urban and rural communities. Selected STEM majors will take part in a two-week fellowship designed to expose those considering a career in 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. 12516814 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 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 0 0 0 0 0 1 122 0 1 102 1 0 0 0 0 0 1 1 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 AL AZ CA NY X Velma R Hart CAE Chief Financial Officer 2025074851 901 F Street NW Suite 300 Washington DC 20004 Jim Clifton 1.00 X X 0 0 0 Noel Hankin 1.00 X X 0 0 0 Ken Wilcox 1.00 X X 0 0 0 Racquel Oden 1.00 X X 0 0 0 John P Bilbrey 1.00 X 0 0 0 Charlene Binder 1.00 X 0 0 0 Peter C Browning 1.00 X 0 0 0 Jesse Calloway 1.00 X 0 0 0 Hardy Dorsey 1.00 X 0 0 0 Robert A Engel 1.00 X 0 0 0 John Esposito 1.00 X 0 0 0 Diedra Fontaine 1.00 X 0 0 0 Rollin L Ford 1.00 X 0 0 0 Neil B Golden 1.00 X 0 0 0 Thomas Harvey 1.00 X 0 0 0 Andre P Hughes 1.00 X 0 0 0 Arthur Jackson Jr 1.00 X 0 0 0 Harold L Martin Sr 1.00 X 0 0 0 Dr Ronald Mason Jr 1.00 X 0 0 0 Timothy McChristian 1.00 X 0 0 0 Charles Merinoff 1.00 X 0 0 0 Rhonda Mims 1.00 X 0 0 0 Eileen Serra 1.00 X 0 0 0 Jared Smith 1.00 X 0 0 0 Stanley B Stallworth Esq 1.00 X 0 0 0 David J Stern 1.00 X 0 0 0 Paul W Sweeney Jr Esq 1.00 X 0 0 0 Betty Thompson 1.00 X 0 0 0 Larry Waters 1.00 X 0 0 0 Johnny C Taylor Jr 40.00 X 403111 0 24757 Velma Hart CAE 40.00 X 32951 0 1734 Jamaal Bailey 40.00 X 111864 0 2036 Kathy Harris 40.00 X 131490 0 8560 William Meaux 40.00 X 133444 0 7656 Eve M Hall 40.00 X 152210 0 12583 Jennifer Wider 40.00 X 145885 0 3165 Kenneth Austin 40.00 X 172903 0 0 1283858 0 60491 7 1 1 0 0 213733 818564 2816092 11779569 8000000 15627958 Registration fees 900099 185600 185600 185600 5044 5044 283227 818564 702274 -419047 -419047 Other income 900099 20187 20187 Sublease income 900099 12123 12123 32310 15431865 185600 0 -381693 7068361 7068361 462553 299364 136129 27060 2860349 1851128 841790 167431 15896 10287 4678 931 222692 144120 65538 13034 261322 169120 76906 15296 4200 2597 1104 499 77689 48047 20418 9224 361621 223647 95040 42934 206046 206046 187802 179002 7184 1616 313500 145393 165080 3027 327822 5871 321951 2126102 2059065 52640 14397 70160 67962 1726 472 47484 47484 89465 1664 87801 75750 4465 70914 371 Miscellaneous 53929 2970 50959 0 Bad debt 45762 0 45762 0 Subscriptions & dues 28504 27705 0 799 14907009 12516814 2093104 297091 226533 18278 2765723 1030174 2785401 5522434 45193 6957 920056 584215 224325 335841 30406 56270 75350 6103445 7019440 995856 683401 124195 380008 1135309 1835309 101068 150160 2356428 3048878 X 753264 -2402796 2743753 6123358 250000 250000 3747017 3970562 6103445 7019440 X 524856 -301311 X 0 1 1 X 1 1 X 9700528 14169943 8453945 9287706 15627958 57240080 9700528 14169943 8453945 9287706 15627958 57240080 9436168 47803912 141662 32855 4471 9643 17167 205798 187066 556266 82450 608 20187 846577 58292455 4032392 0.82010 0.90700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250000 656 656 250000 250000 -6800 6800 250000 1.00000 0 0 35000 7656 27344 399360 288792 110568 485696 287767 197929 335841 Capital lease obligation 34366 Deferred rent 67302 Security deposit 48492 150160 15431865 14907009 524856 -756 -300555 -301311 223545 16312507 -756 191247 702274 892765 15419742 12123 12123 15431865 15788407 191247 702274 893521 14894886 12123 12123 14907009 Description of Intended Use of Endowment Funds: Part V, Line 4: TMCF's endowment funds are intended to be used for future scholarships. Description of Uncertain Tax Positions Under FIN 48: Part X: TMCF performed an evaluation of uncertain tax positions for the year ended December 31, 2011, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. Part XII, Line 2d - Other Adjustments: Special event expenses 702,274. Part XII, Line 4b - Other Adjustments: Sublease income 12,123. Part XIII, Line 2d - Other Adjustments: Special event expenses 702,274. Part XIII, Line 4b - Other Adjustments: Sublease income 12,123. Annual Dinner 641451 431451 210000 143550 3000 337429 NJ Awards of Excellence 152000 130011 21989 19791 1000 40083 4 308340 257102 51238 1500 29959 2050 123912 1101791 818564 283227 1500 193300 6050 501424 702274 -419047 1 Scholarships and Awards 701 7068361 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, 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 1 0 0 0 0 0 0 0 0 Johnny C Taylor Jr 291943 0 99168 0 12000 0 16500 0 8257 0 427868 0 0 0 Eve M Hall 137210 0 15000 0 0 0 9600 0 2983 0 164793 0 0 0 Kenneth Austin 0 0 0 0 172903 0 0 0 0 0 172903 0 0 0 Supplemental Information Part III Kenneth Austin, former VP of Development, received $172,903 in severance payments during 2011. X 14065 FMV X 1 8000000 FMV X 1 25394 FMV X 2 64718 FMV X Jr Pad Folios 1 14000 FMV X Pad Folios 1 8250 FMV 0 0 0 Form 990, Part VI, Section B, line 11 The federal Form 990 is prepared by an independent public accounting firm, Raffa P.C. The 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 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -756. Prior period adjustments: -300,555. Total to Form 990, Part XI, Line 5: -301,311.