2022-01-19T13:58:49-06:00 2021-03-31 135565207 KPMG LLP 8350 BROAD STREET SUITE 900 MCLEAN VA 22102 990 2020-04-01 131624241 UNITED NEGRO COLLEGE FUND INC UNIT 2028100274 1805 7TH STREET NW WASHINGTON DC 20001 SETH BARDU CFO 2028100274 2021-12-15 1 SETH BARDU 999009999 WHITNEY B HEBRON P01226647 7032868000 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z SETH BARDU 1805 7TH STREET NW WASHINGTON DC 20001 564296664 0 X WWW.UNCF.ORG X 1944 NY TO ENSURE ALL AMERICANS HAVE EQUAL ACCESS TO A COLLEGE EDUCATION THAT PREPARES (SEE SCHEDULE O) THEM FOR RICH INTELLECTUAL LIVES, COMPETITIVE AND FULFILLING CAREERS, ENGAGED CITIZENSHIP AND SERVICE TO OUR NATION. UNCF HAS HELPED MORE THAN 500,000 STUDENTS EARN THEIR COLLEGE DEGREES SINCE ITS FOUNDING IN 1944. UNCF IS THE NATION'S LARGEST PRIVATE SCHOLARSHIP PROVIDER TO MINORITY GROUP MEMBERS. EACH YEAR, WE AWARD MORE THAN $100 MILLION IN SCHOLARSHIPS TO STUDENTS ATTENDING MORE THAN 1,100 SCHOOLS ACROSS THE COUNTRY, INCLUDING OUR PRESTIGIOUS NETWORK OF 37 MEMBER HBCUS. UNCF MEMBER HBCUS ARE KNOWN FOR THEIR ACHIEVEMENTS - AWARDING UNDERGRADUATE AND GRADUATED DEGREES - PROVIDING IMPRESSIVE RESULTS THROUGH RESEARCH AND PROMOTING ECONOMIC BENEFITS THAT YIELD MAJOR IMPACT FOR THEIR COMMUNITIES, REGIONS, STATES, THE NATION, AND THE WORLD. 32 32 234 1210 -116724 0 79890044 215474463 316484 293158 10903762 7989423 37326 0 91147616 223757044 103378236 99225546 0 0 20639522 23843976 46636 65500 13161687 37356293 52089018 161420687 175224040 -70273071 48533004 532322112 653425402 52863891 91066943 479458221 562358459 X UNCF'S MISSION IS TO BUILD A ROBUST AND NATIONALLY-RECOGNIZED PIPELINE OF UNDER-REPRESENTED STUDENTS WHO, BECAUSE OF UNCF SUPPORT, BECOME HIGHLY-QUALIFIED COLLEGE GRADUATES AND TO ENSURE THAT OUR NETWORK OF MEMBER INSTITUTIONS IS A RESPECTED MODEL OF BEST (SEE SCHEDULE O) PRACTICE IN MOVING STUDENTS TO AND THROUGH COLLEGE. 0 0 78449290 48277929 THE GATES MILLENNIUM SCHOLARS PROGRAM (GMSP) COVERS COST OF EDUCATION TO SUPPORT UNDERGRADUATE THROUGH DOCTORAL PROGRAMS FOR OUTSTANDING MINORITY STUDENTS WITH SIGNIFICANT FINANCIAL NEED SELECTED AS GATES MILLENNIUM SCHOLARS THAT ENTERED TARGET DISCIPLINES. GMSP, THE MOST EXTENSIVE PROGRAM IN UNCF'S HISTORY, WAS AWARDED IN 1999 BY THE BILL AND MELINDA GATES FOUNDATION FOR $1.3 BILLION. THIS 20-YEAR PROGRAM SUNSETS IN 2029. 53845193 31348332 DIRECT PROGRAM EXPENDITURES RELATED TO DISBURSEMENTS OF SCHOLARSHIPS AND COSTS FOR EVALUATING ELIGIBILITY FOR SCHOLARSHIPS AND EXPENSES ASSOCIATED WITH PROVIDING TECHNICAL ASSISTANCE TO MEMBER SCHOOLS AND OTHER INSTITUTIONS. THE WORK OF UNCF'S GROWING PORTFOLIO OF SCHOLARSHIP PROGRAMS IS UNRIVALED AND INCLUDES A VARIETY OF SCHOLARSHIP PROGRAMS MANAGED BY UNCF, SUCH AS THE FUND II FOUNDATION UNCF STEM SCHOLARS PROGRAM, UNCF/KOCH SCHOLARS PROGRAM, K-12 EDUCATION FELLOWSHIP AND THE FREDERICK DOUGLASS BICENTENNIAL SCHOLARSHIP PROGRAM. THE PANDA CARES SCHOLARS PROGRAM HAS EXPANDED TO A THREE-YEAR RENEWABLE SCHOLARSHIP AWARD. THE FUND II STEM SCHOLARS PROGRAM COMPLETED ITS FIRST (SEE SCHEDULE O) COHORT, GRADUATING ITS FIRST SET OF ENTRANTS. THE WALTON FELLOWS PROGRAM, AN EDUCATIONAL REFORM PROGRAM AIMED AT HELPING INFORM NEW EDUCATORS ON HOW TO IMPROVE THE K-12 EDUCATION SYSTEM FROM THE INSIDE OUT, CELEBRATED ITS 10TH YEAR. TOGETHER, THESE UNCF SCHOLARSHIP AND STUDENT PROFESSIONAL DEVELOPMENT PROGRAMS AS WELL AS DOZENS OF OTHER INTERNSHIPS, FELLOWSHIPS AND FACULTY DEVELOPMENT OPPORTUNITIES ADD UP TO SOME OF THE NEWEST, BEST, AND STRONGEST OFFERINGS UNCF HAS FOR STUDENTS AND EDUCATORS, WITH MUCH MORE TO COME. HELPING YOUNG PEOPLE, ESPECIALLY AFRICAN AMERICAN AND OTHER MINORITY STUDENTS, GET AN EDUCATION THAT STARTS ON THE FIRST DAY OF PRESCHOOL AND DOESN'T END UNTIL COLLEGE GRADUATION IS WHAT UNCF IS ALL ABOUT. A THREE-PILLAR STRATEGY GUIDES OUR MISSION: POSITIONING MEMBER INSTITUTIONS AS A VIABLE COLLEGE OPTION FOR STUDENTS AND INVESTING IN INSTITUTIONAL CAPACITY TO IMPROVE STUDENT OUTCOMES; CREATING TRANSFORMATONAL 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.COLLEGE TUITION HIKES AND DECREASING FINANCIAL AID HAVE CAUSED MORE AND MORE STUDENTS TO APPLY TO UNCF FOR ASSISTANCE EACH YEAR. HOWEVER, WE CAN ONLY SUPPORT ONE OUT OF EVERY 10 STUDENTS WHO APPLIES. THESE STUDENTS ARE OUR FUTURE HEALTH PROFESSIONALS, SOCIAL WORKERS, TEACHERS, GOVERNMENT POLICY MAKERS, AND MILITARY MEN AND WOMEN - THEY ARE THE FUTURE PROSPERITY OF OUR NATION. WE THANK ALL DONORS, PAST AND CURRENT FOR THEIR FINANCIAL CONTRIBUTIONS AND VOLUNTEERISM AND HOPE NEW DONORS ARE INSPIRED TO SUPPORT UNCF'S WORTHY MISSION BY GIVING AS DEEPLY AS POSSIBLE BECAUSE "A MIND IS A TERRIBLE THING TO WASTE, BUT A WONDERFUL THING TO INVEST IN." 19564294 19564294 DISTRIBUTIONS TO MEMBER INSTITUTIONS. 3165442 34991 293158 INSTITUTIONAL SERVICES PROVIDED TO MEMBER INSTITUTIONS OF UNCF AND OTHER PROGRAM SERVICES. 3165442 34991 293158 155024219 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 660 0 1 234 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 32 32 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OK OR PA RI SC TN UT VA WV WI X X X SETH BARDU 2028100274 1805 7TH STREET NW WASHINGTON DC 20001 MR WILLIAM F STASIOR CHAIR OF THE BOARD 2.50 0.00 X X 0 0 0 MR ALFRED G GOLDSTEIN VICE CHAIR 0.75 0.00 X X 0 0 0 DR BILLY C HAWKINS VICE CHAIR/INSTITUTIONAL DIR 1.00 0.00 X X 0 0 0 MR MILTON H JONES JR VICE CHAIR 1.50 0.00 X X 0 0 0 DR A CHARLES THOMAS BOARD MEMBER (UNTIL 8/5/20) 0.50 0.00 X 0 0 0 MR ALOYSIUS MCLAUGHLIN BOARD MEMBER 0.75 0.00 X 0 0 0 MR ANDREW P SWIGER BOARD MEMBER 1.25 0.00 X 0 0 0 MR BEN-SABA HASAN BOARD MEMBER 0.50 0.00 X 0 0 0 MS CELIA A COLBERT BOARD MEMBER 1.25 0.00 X 0 0 0 MR DAVID SABLE BOARD MEMBER 0.50 0.00 X 0 0 0 MS GERRI MASON HALL BOARD MEMBER 0.50 0.00 X 0 0 0 DR GLENDA BASKIN GLOVER BOARD MEMBER 0.50 0.00 X 0 0 0 MR GREGORY G CUNNINGHAM BOARD MEMBER 0.50 0.00 X 0 0 0 MR MICHAEL P NORRIS BOARD MEMBER (UNTIL 3/4/21) 0.50 0.00 X 0 0 0 MS SHARON MURPHY BOARD MEMBER 1.00 0.00 X 0 0 0 MR SOL GINDI BOARD MEMBER (UNTIL 10/25/20) 0.50 0.00 X 0 0 0 MS TERESA M SEBASTIAN BOARD MEMBER 1.25 0.00 X 0 0 0 MS LAURIE READHEAD BOARD MEMBER 0.50 0.00 X 0 0 0 DR A ZACHARY FAISON INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR C REYNOLD VERRET BOARD/INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR CLARENCE D ARMBRISTER INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR CYNTHIA WARRICK BOARD/INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR DAVID A THOMAS INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR ERNEST C MCNEALEY INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR GEORGE T FRENCH JR BOARD/INSTITUTIONAL DIRECTOR 0.75 0.00 X 0 0 0 DR HAKIM J LUCAS INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR JAFFUS HARDRICK INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR LEROY STAGGERS INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR MARY SCHMIDT CAMPBELL BOARD/INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR PAULETTE DILLARD INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR W FRANKLIN EVANS INSTIT DIR (UNTIL 12/31/20) 0.50 0.00 X 0 0 0 DR WALTER M KIMBROUGH BOARD/INSTITUTIONAL DIRECTOR 0.75 0.00 X 0 0 0 MR E LABRENT CHRITE BOARD/INSTITUTIONAL DIRECTOR 0.50 0.50 X 0 0 0 MR PAUL GAMA BOARD MEMBER 0.50 0.50 X 0 0 0 MS CARMEN WALTERS BOARD MEMBER 0.50 0.50 X 0 0 0 MR DWAUN J WARMACK BOARD MEMBER 0.50 0.50 X 0 0 0 MS NICOLE ROSS BOARD MEMBER 0.50 0.50 X 0 0 0 MR KENNETH B MEHLMAN BOARD MEMBER 0.50 0.50 X 0 0 0 DR MICHAEL L LOMAX PRESIDENT & CEO 50.00 0.00 X 1023706 0 145900 MR SETH BARDU SVP, CFO & TREASURER 50.00 0.00 X 289144 0 41337 MS DESIREE C BOYKIN VP GENERAL COUNSEL & SECRETARY 50.00 0.00 X 265673 0 31315 MR BRANDON FITZGERALD ASSOC GC & ASSIST SECY 50.00 0.00 X 176329 0 14121 MR EARLY REESE COO 50.00 0.00 X 479328 0 31706 MR MAURICE JENKINS EVP & CHIEF DEVELOPMENT OFFICER 50.00 0.00 X 380846 0 65938 MS LAJUAN LYLES SVP, HR & ADMINISTRATION 50.00 0.00 X 294358 0 37847 MR LAWRENCE GRIFFITH JR SVP, SCHOLARSHIPS & PROGRAMS 50.00 0.00 X 305791 0 25117 MR DIEGO AVILES VP. DEV NORTHERN DIVISION 50.00 0.00 X 238162 0 36289 MR BRIAN BRIDGES VP, RESEARCH & MEMBER ENGAGEMENT 50.00 0.00 X 226510 0 36642 MR LODRIGUEZ MURRAY VP. GOVERNMENT AFFAIRS 50.00 0.00 X 242488 0 10773 MS PAULETTE JACKSON VP DEV. HEADQUARTER DIVISION 50.00 0.00 X 225803 0 18396 MR SEKOU BIDDLE VP ADVOCACY 50.00 0.00 X 232990 0 10568 4381128 0 505949 57 0 1 0 MCKINSEY AND COMPANY INC 140 FOUNTAIN PARKWAY N ST PETERSBURG FL 33716 MGMT CONSULTANTS 4224775 RR DONNELLEY & SONS CO 35 W WACKER DRIVE CHICAGO IL 60601 PRINTING 3655448 DELOITTE CONSULTING LLP PO BOX 844717 DALLAS TX 752844717 MGMT CONSULTANTS 1197636 COMMUNITY COUNSELING SERVICE CO LLC 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10022 STRATEGIC FUND DEVMT 909787 BLACKBAUD 2300 WILSON BOULEVARD SUITE 420 ARLINGTON VA 22201 SOFTWARE SUPPLIER 535895 37 1155404 10797064 203521995 215474463 PROGRAM RENTAL INCOME 900099 293158 293158 293158 5473251 -116724 5589975 341536930 339020758 2516172 2516172 2516172 1518862 10797064 1518862 0 223757044 293158 -116724 8106147 72264312 72264312 26961234 26961234 3295483 3295483 16099430 7741497 3255047 5102886 520554 255389 96823 168342 2652068 1299366 537804 814898 1276441 516234 419926 340281 11139538 9534976 794661 809901 299068 5918 284843 8307 268148 85000 183148 65500 65500 982448 948512 33936 198481 78312 6873 113296 5224014 546900 246177 4430937 1445244 932777 86623 425844 2313480 1170595 299219 843666 27802 9059 4886 13857 215394 183536 13886 17972 26252 26252 1076824 325487 751337 129946 129946 ACCRL-RETURN FUNDS TO G 26000000 26000000 BAD DEBT EXPENSE 2742379 2736379 6000 INDIRECT COST RECOVERY 0 3428736 -3428736 0 175224040 155024219 7038134 13161687 23685359 82286308 78215506 86230320 38682284 76172738 34036819 9407809 25377576 24629010 248521386 233044525 111433310 144527749 6406691 6534752 532322112 653425402 6823491 9194962 431124 11527948 27159022 26255274 18450254 44088759 52863891 91066943 X 1343562 37789416 478114659 524569043 479458221 562358459 532322112 653425402 48533004 33414447 952787 0 X 0 1 X 1 0 X 53952100 67822789 60370684 79890044 215474463 477510080 53952100 67822789 60370684 79890044 215474463 477510080 43067082 434442998 18359899 16669418 16054720 11110436 5473251 67667724 251673 88770 340443 545518247 1468605 0.79640 0.59970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1 1 1144 0 1 467854 1 171471 0 640469 0 PART II-B, LINE 1: UNCF LOBBIES ON BEHALF OF HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCUS) AND FOR FEDERAL EDUCATION POLICIES AND RESOURCES FAVORABLE TO MINORITY STUDENTS. 1414250 X X X X SEE PART XIII 0 0 94413257 7788628 26938397 4534176 124606106 100741835 1386192 -2843499 4871271 94413257 103734086 79196 1651790 4723237 100741835 97514294 1821032 8893215 4494455 103734086 91155802 278805 10067981 3988294 97514294 0.04270 0.63720 0.32010 0 0 6350000 6350000 22958557 4748305 18210252 336145 318947 17198 4333510 4299532 33978 58607 41025 17582 24629010 HEDGE FUNDS 22646212 F PRIVATE EQUITIES 44758288 F US AND GLOBAL EQUITIES 57460080 F FIXED INCOME 19663169 F 144527749 ACCRUED DISTRIBUTION TO MEMBERS 10088759 ACCRUED RETURN OF FUNDS TO THE GATES FOUNDATION 34000000 44088759 X 257141830 33414447 952787 34367234 222774596 982448 982448 223757044 174241592 0 174241592 982448 982448 175224040 PART III, LINE 4: UNCF'S COLLECTION ITEMS AMOUNTING TO $6,929,250 CONSISTED OF DONATED WORKS OF ART RECEIVED FROM THE ESTATE OF BENNY ANDREWS FOUNDATION, INC. AN INDEPENDENT APPRAISAL WAS USED TO MEASURE THE FAIR VALUE AT DATE OF GIFT. THROUGH MARCH 31, 2021, IN ACCORDANCE WITH THE DONOR'S INTENT, UNCF DISTRIBUTED $5,515,000 OF THIS ARTWORK TO MEMBER COLLEGES AND OTHER ENTITIES. AS OF MARCH 31, 2021, UNCF HELD THE REMAINING $1,414,250 OF THIS COLLECTION WITHIN A SECURED ENVIRONMENT FOR FUTURE PLANNED DISTRIBUTION. PART V, LINE 4: UNCF'S ENDOWMENTS CONSIST OF 179 PROGRAMS ESTABLISHED FOR THE PURPOSE OF FUNDING SCHOLARSHIPS. NET ASSETS ASSOCIATED WITH THE ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: UNCF FOLLOWS THE PROVISIONS OF FASB ASC TOPIC 740-10, INCOME TAXES. UNCF HAS ANALYZED ITS UNRELATED BUSINESS ACTIVITIES FOR MARCH 31, 2021 AND 2020 AND DETERMINED THAT NO SIGNIFICANT AMOUNTS OF INCOME TAXES ARE DUE FOR SUCH ACTIVITIES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. MANAGEMENT REVIEWS ITS TAX POSITION UNDER APPLICABLE LAWS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. UNCF FILES IRS FORM 990 ANNUALLY WITH THE FEDERAL GOVERNMENT AND IS STILL OPEN TO EXAMINATION BY TAXING AUTHORITIES FOR FISCAL YEAR 2018 AND LATER. PART III, LINE 3E DISTRIBUTIONS IN LINE WITH DONOR'S INTENT. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 9052800 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 13468800 0 0 0 0 0 0 22521600 0 22521600 1 0 1 0 1 0 PART I, LINE 3: THE ACCRUAL METHOD IS USED TO ACCOUNT FOR EXPENDITURES. THE TOTAL REPORTED IN COLUMN (F) REPRESENTS THE MARKET VALUE OF THESE INVESTMENTS AS OF MARCH 31, 2021. PART III ACCOUNTING METHOD: X X X X X X 1 KELLY STRATEGIES LLC 2674 N UPSHUR STREET ARLINGTON VA 22207 CONSULTANT SERVICES 0 0 36500 -36500 STUDIO 4FORTY 440 CRYSTAL SPRINGS ROAD SAINT HELENA CA 94574 EVENT SUPPORT 0 0 16000 -16000 LEAH GOODWIN CREATIONS 1442 SEACOAST DRIVE APT 8 IMPERIAL BEACH CA 91932 CONSULTANT SERVICES 0 0 13000 -13000 65500 -65500 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY ATLANTA MASKED 935867 716352 219515 23739 195776 75TH ANNIV 927737 845192 82545 37764 44782 65 10452322 9235520 1216802 179055 1037746 12315926 10797064 1518862 240558 1278304 1518862 0 1 ALLEN UNIVERSITY 1530 HARDEN STREET COLUMBIA SC 29204 570341191 501(C)(3) 727911 80117 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN BENEDICT COLLEGE HARDEN AND BAND STREETS COLUMBIA SC 29204 570314365 501(C)(3) 1176918 80117 FMV AREA OFFICE & COVID SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN BENNETT COLLEGE FOR WOMEN 900 EAST WASHINGTON STREET GREENSBORO NC 27401 560532296 501(C)(3) 759657 80117 FMV AREA OFFICE & COVID SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN BETHUNE-COOKMAN UNIVERSITY 640 DR MARY MCLEOD BETHUNE BLVD DAYTONA BEACH FL 32114 590704726 501(C)(3) 1029732 80117 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN CLAFLIN UNIVERSITY 400 MAGNOLIA STREET ORANGEBURG SC 29115 570314374 501(C)(3) 1413927 80117 FMV AREA OFFICE & COVID SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN CLARK ATLANTA UNIVERSITY 223 JAMES P BRAWLEY DRIVE ATLANTA GA 30314 581825259 501(C)(3) 1532041 80117 FMV AREA OFFICE & COVID SUPPORT GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN DILLARD UNIVERSITY 2601 GENTILLY BLVD NEW ORLEANS LA 70122 720408929 501(C)(3) 1072073 80117 FMV AREA OFFICE & COVID SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN EDWARD WATERS COLLEGE 1658 KINGS 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GRAND AVENUE TYLER TX 75712 750917417 501(C)(3) 762311 80117 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN TOUGALOO COLLEGE 500 WEST COUNT LINE ROAD TOUGALOO MS 39174 640303093 501(C)(3) 1213708 80117 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN TUSKEGEE UNIVERSITY CARNEGIE HALL TUSKEGEE AL 36088 630288878 501(C)(3) 1324588 209940 FMV BLOOMBERG SUBSCRIPTION, AREA OFFICE & COVID SUPPORT GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN VIRGINIA UNION UNIVERSITY 1500 NORTH LOMBARDY STREET RICHMOND VA 23220 540524516 501(C)(3) 745819 80117 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN VOORHEES COLLEGE 103 ACADEMIC CIRCLE DENMARK SC 29042 570329786 501(C)(3) 897460 80117 FMV AREA OFFICE & COVID SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN WILBERFORCE UNIVERSITY PO BOX 1001 WILBERFORCE OH 45384 310604719 501(C)(3) 831366 80117 FMV AREA OFFICE & COVID SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN WILEY COLLEGE 711 WILEY AVENUE MARSHALL TX 75670 750818183 501(C)(3) 836469 80117 FMV AREA OFFICE & COVID SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN XAVIER UNIVERSITY ONE DREXEL DRIVE NEW ORLEANS LA 70125 720635884 501(C)(3) 1676522 80117 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN AMERICAN INDIAN GRADUATE CENTER SCHOLARS 3701 SAN MATEO BLVD NE ALBUQUERQUE NM 87110 850477062 501(C)(3) 4356153 0 FMV GRANTS & SCHOLARSHIPS ASIAN AND PACIFIC ISLANDER AMERICAN SCHOLARSHIP FUND 2025 M STREET NW WASHINGTON DC 20036 571192973 501(C)(3) 7595415 0 FMV GRANTS & SCHOLARSHIPS HISPANIC SCHOLARSHIP FUND 55 SECOND STREET SAN FRANCISCO CA 94105 521051044 501(C)(3) 16852484 0 FMV GRANTS & SCHOLARSHIPS EXCELENCIA IN EDUCATION 1156 15TH STREET NW WASHINGTON DC 20005 200927912 501(C)(3) 350000 0 FMV BUILDING A COMMUNITY OF PRACTICE TO LEVERAGE BIG DATA GRANT FAYETTEVILLE STATE UNIVERSITY 1200 MURCHINSON ROAD FAYETTEVILLE NC 28301 561238736 501(C)(3) 305000 0 FMV CAREER PATHWAYS INITIATIVE GRANT MORGAN STATE UNIVERSITY 1700 E CLOUD SPRING LANE BALTIMORE MD 21251 237089143 501(C)(3) 314750 0 FMV CAREER PATHWAYS INITIATIVE GRANT NORFOLK STATE UNIVERSITY 700 PARK AVENUE NORFOLK VA 23504 237235954 501(C)(3) 300000 0 FMV CAREER PATHWAYS INITIATIVE GRANT THE UNIVERSITY OF WEST ALABAMA UWA STATION 3 LIVINGSTONE AL 35470 636001100 501(C)(3) 260000 0 FMV CAREER PATHWAYS INITIATIVE GRANT TENNESSEE STATE UNIVERSITY FLOYD PAYNE CAMPUS CENTER NASHVILLE TN 37209 620786119 501(C)(3) 309575 0 FMV CAREER PATHWAYS INITIATIVE GRANT CHICAGO STATE 9501 S KING DRIVE CHICAGO IL 60628 362580815 501(C)(3) 75000 FMV CAREER PATHWAYS INITIATIVE GRANT CITY OF NEW YORK MEDGAR EVERS COLLEGE 1650 BEDFORD AVENUE BROOKLYN NY 11225 112561640 501(C)(3) 75000 FMV CAREER PATHWAYS INITIATIVE GRANT LINCOLN UNIVERSITY 1570 BALTIMORE PIKE LINCOLN PA 19352 231352655 501(C)(3) 75000 FMV CAREER PATHWAYS INITIATIVE GRANT MARTIN UNIVERSITY 2171 AVONDALE PLACE INDIANAPOLIS IN 46218 310970262 501(C)(3) 75000 FMV CAREER PATHWAYS INITIATIVE GRANT DUKE UNIVERSITY 2080 DUKE UNIVERSITY ROAD DURHAM NC 27708 562070036 501(C)(3) 55351 FMV STEM GRANT 51 VARIOUS SCHOLARSHIPS 3685 25362960 STIPENDS, HONORARIUMS, & FELLOWSHIPS 2015 1598274 PART I, LINE 2: WITH EACH SCHOLARSHIP GRANT RECEIVED, UNCF DEVELOPS GUIDELINES FOR THE DISBURSEMENT OF SCHOLARSHIP FUNDS WHICH ARE OUTLINED IN A GRANT AGREEMENT WITH THE GRANTOR. THE GUIDELINES MAY INCLUDE A COMBINATION OF SELECTION CRITERIA THAT MAY INCLUDE: FINANCIAL NEED, MAJOR, GRADE POINT AVERAGE, RESIDENCY, COMMUNITY SERVICE AND OTHER FACTORS MUTUALLY AGREED UPON FOR EACH SCHOLARSHIP FUND. STUDENTS APPLY FOR SCHOLARSHIPS THROUGH UNCF'S ONLINE APPLICATION TOOL. EACH APPLICANT IS REVIEWED BASED ON THE DESIGNATED ELIGIBILITY REQUIREMENTS FOR THE SCHOLARSHIP. UNCF'S ONLINE APPLICATION INCLUDES A WEIGHTED SCORING SYSTEM TO EVALUATE THE APPLICATIONS. ITEMS ARE WEIGHTED BASED ON A TOTAL POINTS SYSTEM. ACADEMIC PERFORMANCE (GPA), HONORS AND AWARDS, COMMUNITY SERVICE, PAID EMPLOYMENT, LEADERSHIP ACTIVITIES AND ESSAYS ARE AMONG ITEMS THAT ARE EVALUATED. UNCF FOLLOWS AGREED UPON GUIDELINES AND TIMELINES TO MONITOR THE USE OF FUNDS. X X X X X 0 1 0 0 0 0 0 0 0 DR MICHAEL L LOMAX PRESIDENT & CEO 508358 0 103000 0 412348 0 119950 0 25950 0 1169606 0 0 0 MR EARLY REESE COO 389401 0 75000 0 14927 0 19950 0 11756 0 511034 0 187500 0 MR MAURICE JENKINS EVP & CHIEF DEVELOPMENT OFFICER 294169 0 59000 0 27677 0 55107 0 10831 0 446784 0 0 0 MS LAJUAN LYLES SVP, HR & ADMINISTRATION 253791 0 36450 0 4117 0 15051 0 22796 0 332205 0 0 0 MR LAWRENCE GRIFFITH JR SVP, SCHOLARSHIPS & PROGRAMS 246022 0 37500 0 22269 0 14106 0 11011 0 330908 0 0 0 MR SETH BARDU SVP, CFO & TREASURER 259894 0 25000 0 4250 0 14094 0 27243 0 330481 0 0 0 MS DESIREE C BOYKIN VP GENERAL COUNSEL & SECRETARY 231390 0 33000 0 1283 0 8619 0 22696 0 296988 0 0 0 MR DIEGO AVILES VP. DEV NORTHERN DIVISION 228303 0 9000 0 859 0 9606 0 26683 0 274451 0 0 0 MR BRIAN BRIDGES VP, RESEARCH & MEMBER ENGAGEMENT 194457 0 30900 0 1153 0 11853 0 24789 0 263152 0 0 0 MR LODRIGUEZ MURRAY VP. GOVERNMENT AFFAIRS 212008 0 30000 0 480 0 0 0 10773 0 253261 0 0 0 MS PAULETTE JACKSON VP DEV. HEADQUARTER DIVISION 193376 0 26830 0 5597 0 8110 0 10286 0 244199 0 0 0 MR SEKOU BIDDLE VP ADVOCACY 203517 0 20000 0 9473 0 8967 0 1601 0 243558 0 0 0 MR BRANDON FITZGERALD ASSOC GC & ASSIST SECY 160323 0 15450 0 556 0 4043 0 10078 0 190450 0 0 0 PART I, LINE 4B NON-QUALIFIED DEFERRED COMPENSATION PLANS ARE IN PLACE FOR DR. MICHAEL LOMAX, PRESIDENT & CEO, AND MR. MAURICE JENKINS, EVP & CHIEF DEVELOPMENT OFFICER. THE TERMS AND CONDITIONS OF EACH OF THE RETIREMENT PLANS ARE IN KEEPING WITH THOSE OFFERED BY COMPARABLE INSTITUTIONS AND ARE DESIGNED TO ENSURE LONG-TERM TENURE. IN ACCORDANCE WITH UNCF'S AGREEMENT WITH MICHAEL LOMAX, A 3 YEAR CUMULATIVE LUMP SUM RETENTION PAYOUT (JULY 1, 2017 - JUNE 30, 2020) OF $300,000 WAS DISBURSED TO MR. LOMAX IN JULY 2020. THIS AMOUNT IS REPORTED AS OTHER REPORTABLE COMPENSATION IN COLUMN (B)(III) OF SCHEDULE J, PART II. IN 2020, UNCF DEFERRED $100,000 AND $40,000 RESPECTIVELY FOR DR. LOMAX AND MR. JENKINS. A DISTRICT OF COLUMBIA 536001131 000000000 2015-08-06 31565000 ADVANCE REFUNDING OF 2010 SERIES BOND ORIGINALLY ISSUED 12/23/2010 0 0 0 A 5309726 31565000 631300 30933700 2015 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 0 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: DISTRICT OF COLUMBIA DATE THE REBATE COMPUTATION WAS PERFORMED: 08/14/2020 SCHEDULE K, PART III, LINE 9; PART IV, LINE 7: AND PART V: UNCF IS WORKING TO ESTABLISH WRITTEN POST-ISSUANCE COMPLIANCE POLICIES AND PROCEDURES THAT MEET THE REQUIREMENTS TO ANSWER YES TO FORM 990, SCHEDULE K, PART III, LINE 9; PART IV, LINE 7; AND PART V. THESE POLICIES ARE NOT YET IN PLACE AS OF THE ORGANIZATION'S FISCAL YEAR ENDED MARCH 31, 2021. THEREFORE, UNCF HAS ANSWERED THESE QUESTIONS AS "NO" FOR THE 2020 FORM 990 SCHEDULE K. THESE POLICIES WILL BE ESTABLISHED AND IMPLEMENTED PRIOR TO THE ORGANIZATION'S FISCAL YEAR ENDING MARCH 31, 2022. FORM 990, PART VI, SECTION A, LINE 6 MEMBER INSTITUTIONS COMPRISE: 1) ALLEN UNIVERSITY 2) BENEDICT COLLEGE 3)BENNETT COLLEGE 4) BETHUNE-COOKMAN UNIVERSITY 5) CLAFLIN UNIVERSITY 6) CLARK ATLANTA UNIVERSITY 7) DILLARD UNIVERSITY 8) EDWARD WATERS COLLEGE 9) FISK UNIVERSITY 10) FLORIDA MEMORIAL UNIVERSITY 11) HUSTON-TILLOTSON UNIVERSITY 12) INTERDENOMINATIONAL THEOLOGICAL CENTER 13) JARVIS CHRISTIAN COLLEGE 14) JOHNSON C. SMITH UNIVERSITY 15) LANE COLLEGE 16) LEMOYNE-OWEN COLLEGE 17) LIVINGSTON COLLEGE 18) MILES COLLEGE 19)MOREHOUSE COLLEGE 20) MORRIS COLLEGE 21) OAKWOOD UNIVERSITY 22) PAINE COLLEGE 23) PHILANDER SMITH COLLEGE 24) RUST COLLEGE 25) SAINT AUGUSTINE UNIVERSITY 26) SHAW UNIVERSITY 27) SPELMAN COLLEGE 28) STILLMAN COLLEGE 29) TALLADEGA COLLEGE 30) TEXAS COLLEGE 31) TOUGALOO COLLEGE 32) TUSKEGEE UNIVERSITY 33) VIRGINIA UNION UNIVERSITY 34) VOORHEES COLLEGE 35) WILBERFORCE UNIVERSITY 36) WILEY COLLEGE 37) XAVIER UNIVERSITY FORM 990, PART VI, SECTION A, LINE 7A THE 37 MEMBER INSTITUTIONS, VIA THEIR PROXIES, ELECT ALL DIRECTORS TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B UNCF'S BYLAWS PROVIDE THAT ITS MEMBERS ELECT THE BOARD OF DIRECTORS AND OTHER MEMBERS; DETERMINE HOW BUDGETED FUNDS FOR THE MEMBERS ARE ALLOCATED AMONG THE MEMBERS; AND PROVIDE DIRECTION REGARDING ACTIVITIES AND PROGRAMS. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FILING OF FORM 990 ON BEHALF OF THE UNCF BOARD. THE COMMITTEE IS COMPRISED OF INDEPENDENT DIRECTORS. A DETAILED REVIEW IS ALSO PERFORMED BY MANAGEMENT AND UNCF'S OUTSIDE TAX PREPARERS. A COPY OF THE COMPLETED FORM 990 IS MADE AVAILABLE ELECTRONICALLY TO ALL BOARD MEMBERS BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY BY THE GENERAL COUNSEL TO BOARD MEMBERS, OFFICERS AND EMPLOYEES. EACH BOARD MEMBER, OFFICIER AND EMPLOYEE IS ASKED TO COMPLETE, SIGN AND RETURN A DECLARATION WHICH IDENTIFIES ANY POTENTIAL CONFLICTS OF INTEREST. DECLARATION FORMS FOR EMPLOYEES AND THOSE EMPLOYEES SERVING AS OFFICERS ARE REVIEWED BY COMMITTEE (GENERAL COUNSEL, CFO AND HEAD OF HUMAN RESOURCES) WHO THEN RECOMMENDS THE APPROPRIATE AND NECESSARY ACTION. DECLARATION FORMS OF BOARD MEMBERS, EMPLOYEES SERVING AS OFFICERS AND UNCF EXECUTIVES ARE PROVIDED TO THE CHAIR OF THE AUDIT COMMITTEE FOR REVIEW AND APPROPRIATE AND NECESSARY ACTION BY SAID COMMITTEE. DECLARATION FORMS OF BOARD MEMBERS AND LEADERSHIP TEAM MEMBERS ARE PROVIDED TO THE CHAIR OF THE AUDIT COMMITTEE FOR REVIEW AND APPROPRIATE AND NECESSARY ACTION BY SAID COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE ROLE OF THE HUMAN RESOURCES AND COMPENSATION COMMITTEE (HRCC) OF THE BOARD OF DIRECTORS IS TO DISCHARGE THE BOARD'S RESPONSIBILITIES RELATING TO COMPENSATION OF UNCF'S PRESIDENT AND CEO, OFFICERS AND KEY EMPLOYEES. THE COMMITTEE IS COMPRISED OF INSTITUTIONAL AND INDEPENDENT DIRECTORS . THE COMMITTEE UTILIZES COMPARABILITY STUDIES PRODUCED BY AN EXTERNAL COMPENSATION CONSULTING FIRM TO PRODUCE THEIR COMPENSATION ASSESSMENTS WHICH INFORM THE COMMITTEE'S DECISIONS. THE COMMITTEE MANAGES THE RELATIONSHIP WITH THE CONSULTANT AND HAS SOLE AUTHORITY TO RETAIN AND TERMINATE THEIR SERVICES. IN EXECUTIVE SESSION, HRCC FINDINGS AND DECISIONS ARE REPORTED TO THE BOARD. THE BOARD REVIEWS AND MAKES FINAL DECISIONS REGARDING COMPENSATION AND BENEFITS FOR THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF UNCF'S CERTIFICATE OF INCORPORATION IS AVAILABLE UPON WRITTEN OR VERBAL REQUEST. FINANCIAL DOCUMENTS SUCH AS FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON UNCF'S WEBSITE OR THE WEBSITE OF OTHERS OR UPON WRITTEN OR VERBAL REQUEST. UNCF'S CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC.