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Nonprofiteer
← THURGOOD MARSHALL COLLEGE FUND INC

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

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.

The source document this was parsed from is served over the API, which is where bulk and document access live.