Overview
What is United Negro College Fund Inc?
The United Negro College Fund Inc, based in Washington D.C., is a nonprofit organization with a significant mission. They focus on ensuring equal access to higher education for all Americans, particularly those from underrepresented groups. With over 300 employees, their work includes managing scholarship programs, providing technical assistance to institutions, and investing in institutional capacity to enhance student outcomes. Some of their notable scholarship programs include the Fund II Foundation UNCF STEM Scholars Program, K-12 Education Fellowship, and the Frederick Douglass Bicentennial Scholarship Program. They have helped over 500,000 students earn their college degrees since 1944, awarding over $100 million in scholarships annually to students attending more than 1,100 schools across the country. Their member Historically Black Colleges and Universities (HBCUs) are renowned for their achievements and contribute positively to their communities. The ongoing rise in college costs and decreasing financial aid have led to increased applications for assistance. Despite helping only one in ten applicants, their support plays a crucial role in shaping future healthcare professionals, social workers, teachers, government policy makers, entrepreneurs, business leaders, military personnel, and more, contributing to the nation's prosperity.
Official website here: www.uncf.org
Is United Negro College Fund Inc legitimate?
United Negro College Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Negro College Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $3,450,758
Professional Fundraising Fees: $36,000
Other Salaries and Wages: $23,019,789
For more financial information, click here
Official website here: www.uncf.org
What is the mission statement of United Negro College Fund Inc?
United Negro College Fund Inc's mission is dedicated to ensuring equal access to higher education for all Americans, with a focus on under-represented students. Since its founding in 1944, the organization has helped over 500,000 students earn their college degrees. UNCF is the largest private scholarship provider for minority group members in the US, awarding over $100 million in scholarships each year to students attending more than 1,100 schools across the country. This includes prestigious Historically Black Colleges and Universities (HBCUs) within UNCF's network, which provide impressive results through research, economic benefits, and an impressive record of student outcomes. UNCF's mission aims to build a robust pipeline of highly-qualified college graduates and ensure their network of member institutions is a respected model of best practice in moving students to and through college.
Official website here: www.uncf.org
Who is the CEO of United Negro College Fund Inc?
Early Reese is the Chair Of The Board of United Negro College Fund Inc. The CEO's salary of United Negro College Fund Inc is $853,098 and their total compensation is $994,390.
Official website here: www.uncf.org
What is the revenue of United Negro College Fund Inc?
United Negro College Fund Inc's revenue in 2023 was $361,352,697.
Official website here: www.uncf.org
Who are the executives of United Negro College Fund Inc and what are their salaries?
The average compensation at United Negro College Fund Inc during 2023 was $86,505. There are 306 employees and 1,913 volunteers at United Negro College Fund Inc.
Here are 65 key members and their salaries (United Negro College Fund Inc's CEO's salary is $853,098 and their total compensation is $994,390):
- Dr Michael L Lomax (President & Ceo)
- Mr Early Reese (Coo)
- Mr Maurice Jenkins (Evp & Chief Development Of)
- Ms Lajuan Lyles (Svp, Hr & Administration)
- Mr Lodriguez Murray (Vp. Government Affairs)
- Mr Lawrence Griffith Jr (Svp, Scholarships & Progra)
- Mr Seth Bardu (Svp, Cfo & Treasurer)
- Ms Desiree C Boykin (Vp General Counsel & Secre)
- Ms Paulette Jackson (Vp Dev. Headquarter Divisi)
- Mr Diego Aviles (Vp. Dev Northern Division)
- Mr Robert Rucker (Vp, Research & Member Enga)
- Ms Therese Badon (Vp Of Development)
- Mr Milton H Jones Jr (Chair Of The Board) [Trustee/Director]
- Dr George T French Jr (Vice Chair/Institutional D) [Trustee/Director]
- Mr Alfred G Goldstein (Vice Chair) [Trustee/Director]
- Dr David L Beckley (Board Member) [Trustee/Director]
- Mr Michael J Cleveland (Board Member) [Trustee/Director]
- Ms Celia A Colbert (Board Member) [Trustee/Director]
- Mr Gregory G Cunningham (Board Member) [Trustee/Director]
- Mr Paul Gama (Board Member) [Trustee/Director]
- Mr Aloysius Mclaughlin (Board Member) [Trustee/Director]
- Mr Kenneth B Mehlman (Board Member) [Trustee/Director]
- Ms Laurie Readhead (Board Member) [Trustee/Director]
- Ms Nicole Ross (Board Member) [Trustee/Director]
- Mr David Sable (Board Member) [Trustee/Director]
- Ms Teresa M Sebastian (Board Member) [Trustee/Director]
- Mr William F Stasior (Board Member) [Trustee/Director]
- Dr Henry N Tisdale (Board Member) [Trustee/Director]
- Ms Carmen Walters (Board Member) [Trustee/Director]
- Dr Ernest C Mcnealey (Institutional Director)
- Dr Roslyn Clark Artis (Institutional Director)
- Dr Suzanne Walsh (Institutional Director)
- Dr Lawrence M Drake (Institutional Director)
- Dr Dwaun J Warmack (Institutional Director)
- Dr Rochelle L Ford (Institutional Director)
- Dr A Zachary Faison (Institutional Director)
- Dr Frank L Sims (Institutional Director)
- Dr Jaffus Hardrick (Institutional Director)
- Dr Melva K Williams (Institutional Director)
- Rev Matthew Wesley Williams (Institutional Director)
- Dr Lester C Newman (Institutional Director)
- Dr Clarence D Armbrister (Institutional Director)
- Dr Logan C Hampton (Institutional Director)
- Dr Vernell Bennett-Fairs (Institutional Director)
- Dr Anthony J Davis (Institutional Director)
- Dr Bobbie Knight (Institutional Director)
- Dr David A Thomas (Institutional Director)
- Dr Leroy Staggers (Institutional Director)
- Dr Leslie N Pollard (Institutional Director)
- Dr Cheryl Evans Jones (Institutional Director)
- Dr Roderick L Smothers Sr (Institutional Director)
- Dr Ivy R Taylor (Institutional Director)
- Dr Christine Johnson Mcphail (Institutional Director)
- Dr Paulette Dillard (Institutional Director)
- Dr Helene D Gayle (Institutional Director)
- Dr Cynthia Warrick (Institutional Director)
- Dr Gregory J Vincent (Institutional Director)
- Dr Dwight J Fennell (Institutional Director)
- Dr Carmen Walters (Institutional Director)
- Dr Charlotte P Morris (Institutional Director)
- Dr Hakim J Lucas (Institutional Director)
- Dr Ronnie Hopkins (Institutional Director)
- Dr Elfred Anthony Pinkard (Institutional Director)
- Dr Herman J Felton Jr (Institutional Director)
- Dr C Reynold Verret (Institutional Director)
Official website here: www.uncf.org
Where can I find the form 990 for United Negro College Fund Inc?
The United Negro College Fund Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.uncf.org
Learn more at the official website: www.uncf.org
Mission Statement of United Negro College Fund Inc
United Negro College Fund Inc, a renowned organization, is dedicated to ensuring all Americans have equal access to higher education. With a rich history dating back to 1944, UNCF has helped over 500,000 students earn their college degrees. As the nation's largest private scholarship provider for under-represented students, UNCF annually awards over $100 million in scholarships to students attending more than 1,100 schools across the country, including its prestigious network of 37 member Historically Black Colleges and Universities (HBCUs). These institutions have achieved remarkable results, awarding undergraduate and graduate degrees, conducting groundbreaking research, and contributing significant economic benefits to their communities, regions, states, the nation, and the world.
UNCF's mission goes beyond providing scholarships. It is committed to building a robust pipeline of under-represented students who, with UNCF's support, become highly-qualified college graduates. The organization's growing portfolio of scholarship programs is unrivaled and includes various initiatives such as the Fund II Foundation UNCF STEM Scholars Program, the UNCF/Koch Scholars Program, the K-12 Education Fellowship, and the Frederick Douglass Bicentennial Scholarship Program. These programs have an impressive record of student outcomes, with the Panda Cares Scholars Program now offering a three-year renewable scholarship award, and the Fund II STEM Scholars Program celebrating its third cohort. Other scholarship, internship, fellowship, and faculty development opportunities further enhance UNCF's offerings for students and educators.
Through a three-pillar strategy, UNCF positions its member institutions as a viable college option for students and invests in institutional capacity to improve student outcomes. It creates transformative support programs to ensure students are enrolling and persisting through college completion. Building awareness of educational attainment and cultivating college-going behaviors within the African American community is another crucial aspect of UNCF's mission. However, the increasing cost of college attendance, the inability to earn funds during the COVID-19 pandemic, and decreasing financial aid have led more students to apply for UNCF's assistance each year. Despite this, UNCF can only support one out of every ten students who applies. These students are the future healthcare professionals, social workers, teachers, government policy makers, entrepreneurs, business leaders, and military men and women – the future prosperity of our nation. UNCF thanks its past and current donors for their financial contributions and volunteering and invites new donors to support its worthy mission by giving deeply because, as they say, "a mind is a terrible thing to waste, but a wonderful thing to invest in."
Impact
This information is meant to be a general summary of United Negro College Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
United Negro College Fund Inc has had a significant impact on ensuring all Americans have equal access to a college education. Since its founding in 1944, UNCF has helped more than 500,000 students earn their college degrees. It is the largest private scholarship provider to minority group members, awarding over $100 million in scholarships annually to students attending more than 1,100 schools across the country, including its network of 37 member Historically Black Colleges and Universities (HBCUs).
UNCF's scholarship programs, such as the Fund II Foundation UNCF STEM Scholars Program, UNCF/Koch Scholars Program, and others, provide invaluable support to students from underrepresented communities, empowering them to succeed in their academic and professional pursuits. Additionally, UNCF's efforts in creating awareness of educational attainment within the African American community help cultivate college-going behaviors and promote equal opportunities for all.
Despite the challenges posed by the rising cost of college attendance and the impact of the COVID-19 pandemic, UNCF continues to make a difference in the lives of aspiring professionals in various fields, including health care, education, business, and government. By investing in students and supporting their higher education journeys, UNCF is contributing to the future prosperity of the nation.
Through its three-pillar strategy of positioning member institutions as viable college options, creating support programs for student success, and fostering a college-going culture, UNCF is working towards building a strong pipeline of highly-qualified college graduates from underrepresented backgrounds. The organization's mission to invest in students' potential and provide them with the resources they need to excel underscores the importance of education in unlocking opportunities and realizing individual and collective success.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RENTAL INCOME
Revenue
$100,690
Organization Details
Founding Year
1944
Phone
(202) 810-0274
Principal Officer
Early Reese
Main Address
1805 7TH STREET NW, WASHINGTON, DC, 20001
Website
www.uncf.org
NTEE Category
Code: B82 - Education
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