Thurgood Marshall College Fund Inc
82% goes to programs $3 to raise $100 Strong reserves
Thurgood Marshall College Fund Inc is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1993, with $88,255,911 in FY2024 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
901 F St Nw Ste 700, Washington, DC, 20004 EIN 41-1750692 Since 1993
Revenue (FY2024)
$88.3M
▲ 13.4% vs prior year
Education median: $200K
Expenses (FY2024)
$65.7M
Net assets
$139.0M
Employees
114
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs · $3 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Thurgood Marshall College Fund Inc: 82% to programs · $3 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating25 mo reserves · +26% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Thurgood Marshall College Fund Inc: 25 mo reserves · +26% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Thurgood Marshall College Fund Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Thurgood Marshall College Fund Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Providing leadership development, scholarships, and advocacy to prepare new leaders.
What they do
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
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.
Contact & location
- Address
- 901 F St Nw Ste 700, Washington, DC, 20004
- City
- Washington
- State
- District of Columbia
- Category
- Education
- Subcategory
- Student Services & Aid
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $19.7M (FY2013) to $88.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.3MNet assets $139.0M
Operating margin
25.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$143.3M
Total liabilities
$4.3M
Net assets
$139.0M
Salaries & benefits
$14.8M
22% of expenses
Board members
32
32 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $88,255,911▲13.4% | $65,707,834▼7.5% | $138,998,731▲17.1% | $143,339,390▲15.3% | 990 |
| 2023 | $77,840,126▲12.5% | $71,051,129▼2.2% | $118,650,345▲6.6% | $124,287,734▼2.1% | 990 |
| 2022 | $69,219,574▼29.5% | $72,653,668▲14.1% | $111,253,957▼7.5% | $126,922,627▲2.9% | 990 |
| 2021 | $98,157,197▲0.8% | $63,700,978▲191% | $120,255,213▲43.4% | $123,348,684▲43.3% | 990 |
| 2020 | $97,413,793▲329% | $21,874,607▼0.4% | $83,885,227▲665% | $86,074,777▲477% | 990 |
| 2019 | $22,699,677▼9.8% | $21,970,052▼10.6% | $10,971,701▲7.0% | $14,929,633▲11.4% | 990 |
| 2018 | $25,160,955▲12.3% | $24,571,931▲10.9% | $10,256,414▲5.2% | $13,406,083▼10.1% | 990 |
| 2017 | $22,395,742▲27.9% | $22,162,863▲23.9% | $9,744,887▲3.5% | $14,915,015▲11.2% | 990 |
| 2016 | $17,505,271▼7.4% | $17,892,773▲1.5% | $9,415,182▼1.2% | $13,418,158▼4.9% | 990 |
| 2015 | $18,898,032▲39.3% | $17,631,549▲52.9% | $9,532,803▲11.3% | $14,113,142▲24.7% | 990 |
| 2014 | $13,562,776▼31.3% | $11,533,207▼33.5% | $8,566,285▲30.9% | $11,318,738▼3.9% | 990 |
| 2013 | $19,749,770 | $17,331,905▲74.3% | $6,542,776▲57.5% | $11,779,354▲52.7% | 990 |
| 2012 | — | $9,943,832▼33.3% | $4,154,463▲4.6% | $7,713,370▲9.9% | 990 |
| 2011 | — | $14,907,009 | $3,970,562 | $7,019,440 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dr Harry Lee Williams — $793,000 (1.21% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Harry Lee Williams | President & Ceo | 40 | $793,000 |
| Aisha T Brown | Chief Finance & Operations Officer | 40 | $399,832 |
| David Kyle Sheppard | Chief Business and Legal Officer | 40 | $335,350 |
| George Spencer | Chief Development Officer | 40 | $289,800 |
| Jason Hundley | Executive Vp of Finance & Ops | 40 | $254,500 |
| Tamara Mathis Thompson | Chief Programs Officer | 40 | $225,616 |
| Christopher Brown | Exec. Director & Research Scientist | 40 | $219,808 |
| Martinique Lashawn Taylor | Sr. Vp of Programs | 40 | $216,000 |
| Dakota Doman | Executive Director Tm2 | 40 | $185,980 |
| Tamaria Kai Perry | Svp of Strategic Growth & Initiatives | 40 | $185,885 |
| Clara Ross Stamps | Chief Marketing Officer | 40 | $152,789 |
| Alicia West | Director | 1 | — |
| April Payne-mcmillian | Director | 1 | — |
| Byna Elliott | Director | 1 | — |
| Byron Taylor | Director | 1 | — |
| Charles Merinoff | Director | 1 | — |
| Chris Scalia | Director | 1 | — |
| Ciara Anfield | Director | 1 | — |
| Collis Jones | Director | 1 | — |
| Cynthia Bowman | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Acue(association of College and Universi | Microcredential Cohort/facilitation | $305,000 |
| Carlton Lee Copeland DBA Carlton Lee Stu | Event Design/ Management | $273,506 |
| Partnership For Education Advancement | Ptf Aggregate Shared Service Pool | $175,000 |
| Bureau of Creative Intelligence | Designing/ Engineering | $160,500 |
| Tyton Partners Consulting LLC | Tmcf Org Research | $125,000 |
Grants received · $121.0M total
131 grants to Thurgood Marshall College Fund Inc totaling $121.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $3,725,207 |
| Educational Credit Management Corporation | Fafsa student support | 2024 | $1,487,791 |
| American Online Giving Foundation Inc | General support | 2024 | $1,057,912 |
| Fidelity Non-profit Management Foundation | Technology & equipment | 2024 | $600,000 |
| Silicon Valley Community Foundation | Education | 2024 | $170,000 |
| Business Roundtable Inc | General support | 2024 | $50,000 |
| The Community Fdn of Middle Tn Inc | 2024 for scholarships for entrepreneurial programs | 2024 | $50,000 |
| Community Foundation of Sarasota County Inc | Education | 2024 | $50,000 |
| American Endowment Foundation | Educational | 2024 | $20,000 |
| The Seattle Foundation | Tmcf forever fund | 2024 | $15,000 |
| The Blackbaud Giving Fund | General support | 2024 | $11,650 |
| Toledo Community Foundation | General support | 2024 | $7,700 |
| Blue Meridian Partners Inc | To support scaling plan | 2023 | $3,770,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $2,040,328 |
| American Online Giving Foundation Inc | General support | 2023 | $1,091,230 |
Grants made · $2.7M in FY2024
37 grants totaling $2.7M in FY2024 — showing the 15 largest. All grants made by Thurgood Marshall College Fund Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Delaware State University Foundation Inc | Institutional grant | $675,000 |
| Howard University | Faculty awards | $429,787 |
| Texas Southern University Foundation | Tmcf soar (seeking, observing and achieving results) scholar program | $141,000 |
| Alabama State University Foundation Inc | Tmcf soar (seeking, observing and achieving results) scholar program | $141,000 |
| Virginia State University Foundation | Tmcf soar (seeking, observing and achieving results) scholar program | $141,000 |
| Alabama A&m University | Tmcf soar (seeking, observing and achieving results) scholar program | $141,000 |
| Fayetteville State University | Tmcf soar (seeking, observing and achieving results) scholar program | $141,000 |
| Lawson State Community College | Tmcf soar (seeking, observing and achieving results) scholar program | $70,500 |
| Tennessee State University | Apple nsi microgrant grant | $50,000 |
| Southern University and A&m College | Apple nsi microgrant grant | $50,000 |
| North Carolina A&t University | Boeing capacity grants | $50,000 |
| Hampton University | Fellows summit | $50,000 |
| North Carolina A&t University | Apple nsi microgrant grant | $50,000 |
| Delaware State University Foundation Inc | Dsu near completers pilot | $45,032 |
| The Foundation For Nc A&t State Uni Versi | Medtronic r & d grant | $40,000 |
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Frequently asked questions
- Is Thurgood Marshall College Fund Inc a legitimate nonprofit?
- Yes. Thurgood Marshall College Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1750692, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Thurgood Marshall College Fund Inc's EIN?
- Thurgood Marshall College Fund Inc's Employer Identification Number (EIN) is 41-1750692.
- How much revenue does Thurgood Marshall College Fund Inc report?
- Thurgood Marshall College Fund Inc reported $88,255,911 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Thurgood Marshall College Fund Inc's spending goes to programs?
- Thurgood Marshall College Fund Inc spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Thurgood Marshall College Fund Inc have?
- CharityIndex grades Thurgood Marshall College Fund Inc A, based on program efficiency and fundraising cost.
- How much does Thurgood Marshall College Fund Inc's highest-paid employee make?
- The highest reported compensation on Thurgood Marshall College Fund Inc's latest Form 990 is $793,000, paid to Dr Harry Lee Williams (President & Ceo).
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Explore more
Data for Thurgood Marshall College Fund Inc (EIN 41-1750692) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.