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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 41-1750692

Thurgood Marshall College Fund Inc

Washington, DCNTEE: B82ZFounded 1993Website

mission statement

Providing leadership development, scholarships, and advocacy to prepare new leaders.

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Total Revenue

$88.3M

FY 2024

Program Spending

82.4%

of total expenses

Known Funders

202

2019–2025 filings

Key Metrics (FY 2024)

The Numbers

$143.3M

Total Assets

$139.0M net

25.38 mo

Operating Reserves

FY 2024

+13%

Revenue Growth

YoY

114

Total Employees

FY 2024

Funding Track Record

Backed by 202 Institutional Funders

$210.7M raised across 622 grants · +$6.6M committed (2019–2025 filings)

Funder Geography

Funders across 34 states (2019–2025 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
National Philanthropic Trust	JENKINTOWN, PA	$50,105,050
Blue Meridian Partners Inc	NEW YORK, NY	$31,210,000
Lilly Endowment Inc	INDIANAPOLIS, IN	$25,000,000
Novartis US Foundation	EAST HANOVER, NJ	$12,486,267 +$250,000 committed
Charities Aid Foundation America	ALEXANDRIA, VA	$11,300,192
American Online Giving Foundation Inc	NEWARK, DE	$6,286,396
Medtronic Communities Foundation	MINNEAPOLIS, MN	$5,844,815
The Tracking Foundation	NEW YORK, NY	$5,000,000
Charles Koch Foundation	Arlington, VA	$4,884,160
The Sallie Mae Fund Inc	NEWARK, DE	$4,491,500

Total tracked: $210,676,200 across 622 grants · +$6,575,966 committed across 16 commitments (2019–2025 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$25.2M in expenses

Scholarships and grants: The Scholarship Program provides merit-based scholarships to students seeking financial assistance to complete their education. TMCF scholarships 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 liaisons and provide support to students throughout the internship program. See Schedule O for continuation

$28.6M in expenses

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

$383K in expenses

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.

Financial History