Thurgood Marshall College Fund

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Thurgood Marshall College Fund
AbbreviationTMCF
MottoWhere Education Pays Off
Founded1987
FounderN. Joyce Payne
TypeEducational non-profit
Headquarters901 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
Websitewww.tmcf.org

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 Thurgood Marshall College Fund is named for the U.S. Supreme Court's first African-American Justice, Thurgood Marshall. It is partnered with McDonald's[1][2] and several other major partners.

History[edit]

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 for State Colleges and Universities to create an organization that would support the public HBCUs. The organization 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). TMCF has blossomed from a small organization providing scholarships to a powerhouse of resources for public HBCUs, raising over $200 million to date for programmatic support, capacity building support and scholarships for its member-schools and the students matriculating on the campuses.

TMCF has a different mission than the United Negro College Fund, which only supports private HBCUs. TMCF is a 501(c)(3) tax-exempt, charitable organization.

In 2015, Apple gave TMCF $50million [3]

In 2017, the Charles Koch Foundation and Koch Industries gave TMCF $26.5million [4]

In 2018, the Boeing Company gave TMCF $6 million [5]

Acquisitions[edit]

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. OFC, while continuing its efforts to enhance the entrepreneurship curriculum within public and private HBCUs, will now focus on identifying the most promising future entrepreneurs and introducing them to potential investors and very successful entrepreneurs.

Leadership[edit]

  • Harry L. Williams became president & CEO in 2018[6]
  • Johnny C. Taylor Jr. was president & CEO from 2010-2018
  • Johnny Parham became the first executive director in 1994
  • Dwayne Ashley served as president and chief executive officer from 1999 to 2010 and created the Leadership Institute and Member Schools Conference.
  • John W. Marshall, one of Thurgood Marshall's sons, served as a Consultant and Senior Advisor to the organization from January, 2010 to January, 2011[7]

References[edit]

  1. ^ https://www.tmcf.org/our-scholarships/current-scholarships/tmcf-mcdonalds-true-to-the-hbcu-scholarship/13909
  2. ^ https://www.mcdonalds.com/us/en-us/365black/education/proud-partners.html
  3. ^ "Apple commits more than $50 million to diversity efforts". Fortune. Retrieved 2018-11-28.
  4. ^ "Charles Koch Gives $25.6 Million to Thurgood Marshall College Fund". Black Enterprise. 2017-01-12. Retrieved 2018-11-28.
  5. ^ "Boeing: Boeing invests $6 million in Thurgood Marshall College Fund". www.boeing.com. Retrieved 2018-11-28.
  6. ^ "I'm passing the TMCF baton to DSU president Dr. Harry L. Williams". Retrieved 2018-11-28.
  7. ^ "John W. Marshall - Great Black Speakers". Great Black Speakers. Retrieved 25 October 2017.

External links[edit]

Coordinates: 40°42′26″N 74°00′27″W / 40.707295°N 74.007584°W / 40.707295; -74.007584