Thurgood Marshall College Fund facts for kids

The Thurgood Marshall College Fund (TMCF) is an American non-profit organization that supports and represents nearly 300,000 students attending its 47 member-schools that include public historically black colleges and universities (HBCUs), medical schools, and law schools. The organization is named after the Supreme Court's first African-American Justice, Thurgood Marshall.

History

The organization was established in 1987, under the leadership of Dr. N. Joyce Payne in cooperation with Miller Brewing Company, Sony Music, the NBA, Reebok and the American Association of State Colleges and Universities to institutionally support public HBCUs. It underwent a name change in 2006 from the Thurgood Marshall Scholarship Fund to the Thurgood Marshall College Fund.

TMCF has championed higher education at public historically black colleges and universities (HBCUs) and has grown from a small organization providing scholarships for public HBCUs, raising over $300 million to date for programmatic support, capacity building support, and scholarships for its member-schools and the students matriculating on the campuses.

Its mission differs from that of the United Negro College Fund, which supported approximately 65,000 students at 900 colleges and universities with approximately $113 million in grants and scholarships in 2015 alone, while the Thurgood Marshall College fund only supports 47 schools; it is a 501(c)(3) tax-exempt, charitable organization, which means it does not pay taxes on its income.

TMCF was granted $50 million in 2015 by Apple, $26.5 million in 2017 by the Charles Koch Foundation and Koch Industries, and $6 million by The Boeing Company in 2018.

Acquisitions

In 2013, TMCF acquired the Opportunity Funding Corporation (OFC), merging the two organizations with TMCF becoming the parent organization. Both organizations share a similar mission of providing service to the HBCU community, particularly in the area of talent identification. While continuing its efforts to enhance the entrepreneurship curriculum within public and private HBCUs, OFC will identify the most promising future entrepreneurs and introduce them to potential investors and very successful entrepreneurs.

Leadership

• Harry L. Williams became president and CEO in 2018.
• Johnny C. Taylor Jr. was president and CEO from 2010 to 2018.
• Johnny Parham became the first executive director in 1994.
• Dwayne Ashley served as president and the chief executive officer from 1999 to 2010 and created the Leadership Institute and Member Schools Conference.

Member schools listing

Member-School Breakdown:

• 47 Member-School Breakdown
  • 42 HBCUs: 4-year Historically Black Colleges and Universities
    • 6 LAW: HBCU Law Schools
    • 1 MED: HBCU Medical School
  • 3 PBIs: 4-year Predominantly Black Institutions
  • 1 JUCO: Community College
  • 1 HBGI: Private Historically Black Graduate Institute

TMCF Partners

Scholarships

• Wells Fargo
• Hershey
• Lowe's
• Molson Coors
• Honda
• Charles Koch Foundation
• Coca-Cola
• NHL
• NBA
• Costco Wholesale
• Apple
• Altria
• McDonald's
• Medtronic Foundation
• VISA
• Mondelez International
• Cheniere
• T-Mobile

K-12 Initiatives

• Wells Fargo
• Molson Coors
• Amgen
• DuPont

Student Leadership and Talent Sourcing

• Wells Fargo
• Walmart
• Molson Coors
• Hershey
• Koch Industries Inc
• Medtronic
• Apple
• United Airlines
• Microsoft
• Merrill Lynch
• Amazon
• Gallup
• John Deere
• Kellogg's
• Booz Allen Hamilton
• Ally
• Marines

Innovation and Entrepreneurship

• Ally
• Apple
• John Deere
• Wells Fargo

Higher Education Research

• Walton Family Foundation
• Koch
• Charles Koch Foundation

Board of directors

• Breakthru Beverage Group
• NHL
• Boeing
• Wells Fargo
• Sidley Austin LLP
• Costco Wholesale
• Walmart
• John Deere
• GCM Grosvenor
• Central State University
• United Airlines
• Molson Coors
• JPMorgan Chase
• Altria
• Lincoln University
• NBA
• K&L Gates
• Booz Allen Hamilton
• Hershey
• ManpowerGroup
• Honda