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Thurgood Marshall College Fund facts for kids

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Thurgood Marshall College Fund
Abbreviation TMCF
Founded 1987
Founder N. Joyce Payne
Type Educational non-profit
Headquarters 901 F Street NW, Suite 300
Washington, D.C., US
Region served
United States
Membership
47 member-schools
Chairman
Charles Merinoff
President & CEO
Harry L. Williams
Main organ
Board of Directors
Website www.tmcf.org

The Thurgood Marshall College Fund (TMCF) is a special group in America that helps almost 300,000 students. These students go to 47 different schools. These schools include public historically black colleges and universities (HBCUs), medical schools, and law schools. TMCF is named after Thurgood Marshall. He was the first African-American Justice on the Supreme Court.

How TMCF Started

TMCF was created in 1987. Dr. N. Joyce Payne led the effort. She worked with companies like Miller Brewing Company, Sony Music, and the NBA. The goal was to support public HBCUs. In 2006, the group changed its name. It went from the Thurgood Marshall Scholarship Fund to the Thurgood Marshall College Fund.

TMCF has always supported higher education at public HBCUs. It started small, giving scholarships to students. So far, TMCF has raised over $300 million. This money helps schools and students. It provides scholarships and supports school programs.

TMCF is different from the United Negro College Fund. TMCF supports 47 schools. It is a 501(c)(3) charitable group. This means it does not pay taxes on the money it earns. Big companies have also given money to TMCF. For example, Apple gave $50 million in 2015. The Charles Koch Foundation gave $26.5 million in 2017. The Boeing Company gave $6 million in 2018.

Helping Future Leaders

In 2013, TMCF joined with another group. This group was called the Opportunity Funding Corporation (OFC). TMCF became the main organization. Both groups want to help the HBCU community. They especially want to find talented students. OFC helps students learn about starting their own businesses. It also connects them with investors and successful business owners.

Who Leads TMCF

Many great leaders have guided TMCF.

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

Schools TMCF Helps

TMCF supports 47 different schools. Here's a quick look at the types of schools:

  • 42 HBCUs: These are 4-year Historically Black Colleges and Universities.
    • 6 LAW: These are HBCU Law Schools.
    • 1 MED: This is an HBCU Medical School.
  • 3 PBIs: These are 4-year Predominantly Black Institutions.
  • 1 JUCO: This is a Community College.
  • 1 HBGI: This is a Private Historically Black Graduate Institute.

TMCF's Partners

TMCF works with many companies and groups. These partners help TMCF support students and schools.

Scholarship Partners

These partners help provide money for students to go to college.

K-12 Initiatives Partners

These partners help with programs for younger students (kindergarten to 12th grade).

Student Leadership and Talent Sourcing Partners

These partners help students become leaders and find good jobs.

Innovation and Entrepreneurship Partners

These partners support new ideas and help students start their own businesses.

Higher Education Research Partners

These partners help TMCF study and improve higher education.

  • Walton Family Foundation
  • Koch
  • Charles Koch Foundation

Board of Directors Partners

These companies have leaders who serve on TMCF's Board of Directors.

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