Form 990 for tax year 2023
Filed by THURGOOD MARSHALL COLLEGE FUND INC.
Totals
- Total revenue
- $77,840,126
- Total expenses
- $71,051,129
- Contributions and grants received
- $76,342,112
- Grants paid
- $35,393,493
- Program services expenses (Part IX)
- $57,100,054
- Management and general expenses
- $11,019,823
- Fundraising expenses
- $2,931,252
- Program service expenses (Part III)
- $57,100,054
Program services were 80.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Charles Merinoff
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Ciara Anfield
Director
- Total calculated
- $0
- Hours/week
- 1
-
Terry Arnold
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gary Bettman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Greg Carter II
Director
- Total calculated
- $0
- Hours/week
- 1
-
Theodore Colbert III
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robert Engel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Yvette Hunsicker
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey Hurd
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sandra Hurse
Director
- Total calculated
- $0
- Hours/week
- 1
-
Collis Jones
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gregory Jones
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sean Lee
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lane McBride
Director
- Total calculated
- $0
- Hours/week
- 1
-
April Payne-McMillian
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Nettles
Director
- Total calculated
- $0
- Hours/week
- 1
-
Racquel Oden
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Osswald
Director
- Total calculated
- $0
- Hours/week
- 1
-
Melonie Parker
Director
- Total calculated
- $0
- Hours/week
- 1
-
Josh Petty
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dr Quinton Ross Jr
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chris Scalia
Director
- Total calculated
- $0
- Hours/week
- 1
-
Paul Sweeney Jr Esq
Director
- Total calculated
- $0
- Hours/week
- 1
-
Byron Taylor
Director
- Total calculated
- $0
- Hours/week
- 1
-
Toni Townes-Whitley
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Walling
Director
- Total calculated
- $0
- Hours/week
- 1
-
Alicia West
Director
- Total calculated
- $0
- Hours/week
- 1
-
Barbara Whye
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tatia Williams
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dr Harry Lee Williams
President & CEO
- Total calculated
- $712,521
- From this org
- $637,000
- From related orgs
- $0
- Other
- $75,521
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $425,000
- Bonus
- $200,000
- Other
- $12,000
- Deferred
- $25,407
- Nontaxable benefits
- $50,114
- Filer's total
- $712,521
-
David Kyle Sheppard
Chief Business and Legal Officer
- Total calculated
- $335,071
- From this org
- $282,115
- From related orgs
- $0
- Other
- $52,956
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $237,115
- Bonus
- $45,000
- Other
- $0
- Deferred
- $19,305
- Nontaxable benefits
- $33,651
- Filer's total
- $335,071
-
Aisha T Brown
Chief Finance & Operations Officer
- Total calculated
- $360,298
- From this org
- $316,992
- From related orgs
- $0
- Other
- $43,306
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $267,992
- Bonus
- $49,000
- Other
- $0
- Deferred
- $9,510
- Nontaxable benefits
- $33,796
- Filer's total
- $360,298
-
George Spencer
Chief Innovation & Growth Officer
- Total calculated
- $346,987
- From this org
- $279,538
- From related orgs
- $0
- Other
- $67,449
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $233,538
- Bonus
- $46,000
- Other
- $0
- Deferred
- $22,500
- Nontaxable benefits
- $44,949
- Filer's total
- $346,987
-
Andrea Horton
Chief Marketing Officer
- Total calculated
- $318,664
- From this org
- $246,154
- From related orgs
- $0
- Other
- $72,510
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,154
- Bonus
- $40,000
- Other
- $0
- Deferred
- $30,000
- Nontaxable benefits
- $42,510
- Filer's total
- $318,664
-
Martinique Lashawn Taylor
Interim Chief Learning Officer
- Total calculated
- $218,129
- From this org
- $175,386
- From related orgs
- $0
- Other
- $42,743
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,386
- Bonus
- $30,000
- Other
- $0
- Deferred
- $2,298
- Nontaxable benefits
- $40,445
- Filer's total
- $218,129
-
Tamara Mathis Thompson
Interim Chief Of Programs
- Total calculated
- $198,780
- From this org
- $177,500
- From related orgs
- $0
- Other
- $21,280
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,500
- Bonus
- $23,000
- Other
- $0
- Deferred
- $7,100
- Nontaxable benefits
- $14,180
- Filer's total
- $198,780
-
Eric D Hart
Chief Programs Officer
- Total calculated
- $300,767
- From this org
- $240,000
- From related orgs
- $0
- Other
- $60,767
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,000
- Bonus
- $40,000
- Other
- $0
- Deferred
- $17,000
- Nontaxable benefits
- $43,767
- Filer's total
- $300,767
-
Christopher Brown
Exec. Director & Research Scientist
- Total calculated
- $223,951
- From this org
- $189,000
- From related orgs
- $0
- Other
- $34,951
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,000
- Bonus
- $14,000
- Other
- $0
- Deferred
- $11,340
- Nontaxable benefits
- $23,611
- Filer's total
- $223,951
-
Jason Hundley
Executive VP of Finance & Operations
- Total calculated
- $266,313
- From this org
- $222,692
- From related orgs
- $0
- Other
- $43,621
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $173,692
- Bonus
- $34,000
- Other
- $15,000
- Deferred
- $19,506
- Nontaxable benefits
- $24,115
- Filer's total
- $266,313
-
Betsy Ann Burton-Strunk
Vice President of Development
- Total calculated
- $232,623
- From this org
- $180,000
- From related orgs
- $0
- Other
- $52,623
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,000
- Bonus
- $30,000
- Other
- $0
- Deferred
- $10,800
- Nontaxable benefits
- $41,823
- Filer's total
- $232,623
-
Amy D Goldstein
Vice President, Strategy
- Total calculated
- $242,892
- From this org
- $180,000
- From related orgs
- $0
- Other
- $62,892
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,000
- Bonus
- $30,000
- Other
- $0
- Deferred
- $29,822
- Nontaxable benefits
- $33,070
- Filer's total
- $242,892
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 4b
- During the year ended December 31, 2022, the Organization established a non-qualified deferred compensation plan ("the Plan") on behalf of certain key executives. Organized under Internal Revenue Code (IRC) Section 457(f), the Plan is funded through annual contributions by the Organization, and will be paid to the executives upon retirement.
- Part I, Line 7
- Bonuses received by all officers are discretionary and determined based upon performance.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Partnership for Education Advancement
$10,400,000
Program support
-
Partnership for Education Advancement
$2,992,629
Program support
-
$528,307
UDC Builders Program
-
$416,667
2022-2023 Apple New Silicon Initiative (NSI) Grant
-
$404,746
Apple NSI Grant
-
$341,000
Apple NSI Grant
-
Capacity Building
-
DSU Near Completers Pilot
-
$85,000
Researcher Development Program - Core Civic
-
DSU Near Completers Pilot
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422209349300417
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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