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    Thurgood Marshall College Fund

    Private FoundationIRS data 2021–2024
    Washington, DCEIN 411750692 Website

    Annual Giving

    $25.2M-29% YoY

    Grants

    38

    Median Grant

    $29K

    Organizations Funded

    29

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    Foundation Overview

    Mission

    TMCF's mission is to ensure student success by promoting educational excellence and preparing the next generation of workforce talent through leadership development; With our vision "Changing The World … One Leader At A Time," TMCF identifies, develops, and deploys HBCU students, who demonstrate leadership qualities

    Focus Areas

    historically black colleges and universitieshigher educationinstitutional support for collegescapacity building for collegesstudent scholarshipscareer readiness programsfaculty developmentresearch and development

    Grant Types

    institutional grantscapacity-building grantsscholarshipsfellowshipsfaculty grantsresearch and development grantsprogrammatic grantsmicrograntscareer-readiness program grantscapital grants

    Funded Initiatives

    Over $21M in scholarship funding awarded to 2,718 TMCF scholars in 2024-2025; Hennessy Fellows MBA program with $10M investment over 10 years; Lockheed Martin partnership providing 17 grants; Major funding includes $50M from Apple (2015), $25.6M from Charles Koch Foundation (2017), $6M from Boeing (2018)

    How to Apply

    Students create profile in Scholarship Portal, apply to matched scholarships via dashboard, submit required materials including online application, video essay (2 min), professional photo. Applications accepted October 1st through April 1st. All materials must be submitted through student portal.

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024-29%

    $25.2M

    Grants

    38

    Median

    $29K

    States

    12

    2023-7%

    $35.4M

    Grants

    39

    Median

    $25K

    States

    15

    2022

    $38.0M

    Grants

    49

    Median

    $20K

    States

    20

    Grant Size Distribution

    $29K

    Typical Grant (Median)

    $10K

    Smallest

    $14K

    25th Pctile

    $50K

    75th Pctile

    $22.6M

    Largest

    Excludes grants ≤ $5K. Half fall between $14K and $50K.

    Largest Recent Grants

    $22.6M

    2024

    Individual Grants (Aggregated)

    Individual assistance program

    $675K

    2024

    Delaware State University Foundation Inc

    DE · Institutional Grant

    $430K

    2024

    Howard University

    DC · Faculty Awards

    $141K

    2024

    Virginia State University

    VA · TMCF SOAR (Seeking, Observing and Achieving Results) Scholar Program

    $141K

    2024

    Fayetteville State University

    NC · TMCF SOAR (Seeking, Observing and Achieving Results) Scholar Program

    Geographic Focus

    DE
    $720K2 grants
    DC
    $455K2 grants
    AL
    $390K5 grants
    NC
    $314K6 grants
    VA
    $204K3 grants

    Top states by total grant dollars. Based on IRS filing data.

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $143.3M
    $25.2M(17.6%)
    2023
    $124.3M
    $35.4M(28.5%)
    2022
    $126.9M
    $38.0M(29.9%)
    2021
    $123.3M
    $42.2M(34.2%)

    Grants paid shown as percentage of total assets

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

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