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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 | 55 member schools |
Chair of the board | Racquel Oden |
President & CEO | Harry L. Williams |
Main organ | Board of Directors |
Website | www.tmcf.org |
The Thurgood Marshall College Fund (TMCF) is a non-profit organization that supports and represents nearly 300,000 students attending its 55 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. [1] [2] [3]
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. [4]
TMCF advocates for higher education at public historically black colleges and universities (HBCUs) and has grown from a small organization providing scholarships for public HBCUs, raising over $500 million to date for programmatic support, capacity building support, and scholarships for its member schools and the students matriculating on the campuses. [5]
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. The Thurgood Marshall College fund supports 55 schools and is a 501(c)(3) tax-exempt, charitable organization, which means it does not pay taxes on its income. [6]
TMCF was granted $50 million in 2015 by Apple, [7] $26.5 million in 2017 by the Charles Koch Foundation and Koch Industries, [8] and $6 million by The Boeing Company in 2018. [9] [10]
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 promising future entrepreneurs and introduce them to potential investors and successful entrepreneurs. [11] [12]
Member School Breakdown: [15]
UNCF, the United Negro College Fund, also known as the United Fund, is an American philanthropic organization that funds scholarships for black students and general scholarship funds for 37 private historically black colleges and universities. UNCF was incorporated on April 25, 1944, by Frederick D. Patterson, Mary McLeod Bethune, and others. UNCF is headquartered at 1805 7th Street, NW in Washington, D.C. In 2005, UNCF supported approximately 65,000 students at over 900 colleges and universities with approximately $113 million in grants and scholarships. About 60% of these students are the first in their families to attend college, and 62% have annual family incomes of less than $25,000. UNCF also administers over 450 named scholarships.
The Miller Brewing Company is an American brewery and beer company in Milwaukee, Wisconsin. It was founded in 1855 by Frederick Miller. Molson Coors acquired the full global brand portfolio of Miller Brewing Company in 2016, and operates the Miller Brewery at the site of the original Miller Brewing Company complex.
Historically black colleges and universities (HBCUs) are institutions of higher education in the United States that were established before the Civil Rights Act of 1964 with the intention of primarily serving African Americans. Most of these institutions were founded during the Reconstruction era after the Civil War and are concentrated in the Southern United States. They were primarily founded by Protestant religious groups, until the Second Morill Act of 1890 required educationally segregated states to provide African American, public higher-education schools in order to receive the Act's benefits.
The Koch family foundations are a group of charitable foundations in the United States associated with the family of Fred C. Koch. The most prominent of these are the Charles Koch Foundation and the David H. Koch Charitable Foundation, created by Charles Koch and David Koch, two sons of Fred C. Koch who own the majority of Koch Industries, an oil, gas, paper, and chemical conglomerate which is the US's second-largest privately held company. Charles' and David's foundations have provided millions of dollars to a variety of organizations, including libertarian and conservative think tanks. Areas of funding include think tanks, political advocacy, climate change denial, higher education scholarships, cancer research, arts, and science.
Texas Southern University is a public historically black university in Houston, Texas. The university is a member school of the Thurgood Marshall College Fund and is accredited by the Southern Association of Colleges and Schools. It is classified among "R2: Doctoral Universities – High research activity".
Florida Agricultural and Mechanical University (FAMU), commonly known as Florida A&M, is a public historically black land-grant university in Tallahassee, Florida. Founded in 1887, It is the third largest historically black university in the United States by enrollment and the only public historically black university in Florida. It is a member of the State University System of Florida and is accredited to award baccalaureate, master's, and doctoral degrees by the Commission on Colleges of the Southern Association of Colleges and Schools.
Lincoln University (LU) is a public state-related historically black university (HBCU) near Oxford, Pennsylvania. Founded as the private Ashmun Institute in 1854, it has been a public institution since 1972 and is the second HBCU in the state, after Cheyney University of Pennsylvania. Lincoln is also recognized as the first college-degree granting HBCU in the country. Its main campus is located on 422 acres (170.8 ha) near the town of Oxford in southern Chester County, Pennsylvania. The university has a second location in the University City area of Philadelphia. Lincoln University provides undergraduate and graduate coursework to approximately 2,000 students. It is a member-school of the Thurgood Marshall College Fund.
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The Thurgood Marshall School of Law (TMSL) is an ABA-accredited law school at Texas Southern University in Houston, Texas. It awards Juris Doctor and Master of Law degrees. Thurgood Marshall School of Law is a member-school of the Thurgood Marshall College Fund and Association of American Law Schools.
Savannah State University is a public historically black university in Savannah, Georgia. It is the oldest historically black public university in the state. The university is a member-school of the Thurgood Marshall College Fund.
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Charles de Ganahl Koch is an American billionaire businessman. As of February 2024, he was ranked as the 23rd richest man in the world on the Bloomberg Billionaires Index, with an estimated net worth of $64.9 billion. Koch has been co-owner, chairman, and chief executive officer of Koch Industries since 1967, while his late brother David Koch served as executive vice president. Charles and David each owned 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business. Koch Industries is the largest privately held company by revenue in the United States, according to Forbes.
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