2026-02-06T16:39:23-06:00 2025-03-31 135565207 KPMG LLP 8350 BROAD STREET SUITE 900 MCLEAN VA 22102 990 2024-04-01 131624241 UNITED NEGRO COLLEGE FUND INC UNIT 2028100274 1805 7TH STREET NW WASHINGTON DC 20001 JOHN HENRY CFO 2028100274 2026-02-06 1 0 AMANDA COON P01754645 7032868000 2026-02-06 2024 2025-03-06 01:10:19Z EARLY W REESE 1805 7TH STREET NW WASHINGTON DC 20001 536334191 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. 31 31 360 2755 -41191 0 226304098 134733831 9200 16000 24621876 24171553 0 0 250935174 158921384 99641084 94710549 0 0 39048957 42007588 24000 24000 23374513 56322634 46769792 195036675 183511929 55898499 -24590545 917027785 892426921 67568374 56637648 849459411 835789273 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 99385148 57625190 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, AND THE FUND II STEM SCHOLARS PROGRAM COMPLETED ITS THIRD (SEE SCHEDULE O)COHORT, CONTINUING TO BUILD ON AN IMPRESSIVE RECORD OF STUDENT OUTCOMES. 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 (INTERNSHIP) PROGRAMS AS WELL AS DOZENS OF OTHER SCHOLARSHIPS, 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 TRANSFORMATIONAL 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. THE ONGOING RAPID RISE IN THE COST OF COLLEGE ATTENDANCE, THE INABILITY TO EARN FUNDS DURING THE COVID-19 PANDEMIC AND DECREASING FINANCIAL AID HAVE CAUSED MORE AND MORE STUDENTS TO APPLY TO UNCF FOR ASSISTANCE EACH YEAR. HOWEVER, WE CAN SUPPORT ONLY ONE OUT OF EVERY 10 STUDENTS WHO APPLIES. THESE STUDENTS ARE OUR FUTURE HEALTH PROFESSIONALS, SOCIAL WORKERS, TEACHERS, GOVERNMENT POLICY MAKERS, ENTREPRENEURS, BUSINESS LEADERS 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." 16175163 13074301 THE GATES MILLENNIUM SCHOLARS PROGRAM (GMSP) COVERS COST OF EDUCATION TO SUPPORT UNDERGRADUATE PROGRAMS FOR OUTSTANDING STUDENTS OF COLOR WITH SIGNIFICANT FINANCIAL NEED, AND THE COSTS THROUGH DOCTORAL DEGREES IN SEVEN TARGET DISCIPLINES FOR STUDENTS SELECTED AS GATES MILLENNIUM SCHOLARS. GMSP, THE MOST EXTENSIVE PROGRAM IN UNCF'S HISTORY, WAS AWARDED IN 1999 BY THE BILL AND MELINDA GATES FOUNDATION FOR $1.6 BILLION. THS 20-YEAR PROGRAM SUNSETS IN 2029. 23997206 23997206 DISTRIBUTIONS TO MEMBER INSTITUTIONS OF UNCF. 4848057 13852 16000 INSTITUTIONAL SERVICES PROVIDED TO MEMBER INSTITUTIONS OF UNCF AND OTHER PROGRAM SERVICES. 4848057 13852 16000 144405574 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 1542 0 1 360 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 31 31 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 GENET YILMA 2028100274 1805 7TH STREET NW WASHINGTON DC 20001 MR MILTON H JONES JR CHAIR OF THE BOARD 9.60 0.00 X X 0 0 0 DR GEORGE T FRENCH JR VICE CHAIR/INSTITUTIONAL DIRECTOR 0.75 0.00 X X 0 0 0 MR ALFRED G GOLDSTEIN VICE CHAIR 0.75 0.00 X X 0 0 0 MR KIETH COCKRELL 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 GREGORY G CUNNINGHAM BOARD MEMBER 0.50 0.00 X 0 0 0 MR VLADIMIR GALIOTHE BOARD MEMBER 0.50 0.00 X 0 0 0 MR PAUL GAMA BOARD MEMBER 0.50 0.00 X 0 0 0 MR GERALD JOHNSON BOARD MEMBER 0.50 0.00 X 0 0 0 MR ALOYSIUS MCLAUGHLIN BOARD MEMBER 0.75 0.00 X 0 0 0 MR KENNETH B MEHLMAN BOARD MEMBER 0.50 0.00 X 0 0 0 MR BEN MINICUCCI BOARD MEMBER 0.50 0.00 X 0 0 0 MS RHONDA MORRIS BOARD MEMBER 0.50 0.00 X 0 0 0 MS TARA PARKER BOARD MEMBER 0.50 0.00 X 0 0 0 MR MARCUS PURTY BOARD MEMBER 0.50 0.00 X 0 0 0 MS LAURIE READHEAD BOARD MEMBER 0.50 0.00 X 0 0 0 MS DANETTE ANTHONY REED BOARD MEMBER 0.50 0.00 X 0 0 0 MR DAVID SABLE BOARD MEMBER 0.50 0.00 X 0 0 0 MS LASONJA SCOTT BOARD MEMBER 0.50 0.00 X 0 0 0 MR WILLIAM F STASIOR BOARD MEMBER 2.50 0.00 X 0 0 0 MR TERRY WOODARD BOARD MEMBER 0.50 0.00 X 0 0 0 MR SAFROADU YEBOAH-AMANKWAH BOARD MEMBER 0.50 0.00 X 0 0 0 DR ANTHONY J DAVIS INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR PAULETTE DILLARD INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR HERMAN J FELTON JR INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR DWIGHT J FENNELL INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR RONNIE HOPKINS INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR GLENELL M LEE-PRUITT INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR YOLANDA W PAGE INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR MELVA K WALLACE INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR SUZANNE E WALSH INSTITUTIONAL DIRECTOR 0.50 0.00 X 0 0 0 DR MICHAEL L LOMAX PRESIDENT & CEO 50.00 0.00 X 1304933 0 118448 MS THERESE BADON SVP, DEV NORTHERN DIVISION 50.00 0.00 X 308402 0 37233 MS DESIREE C BOYKIN SVP, GENERAL COUNSEL & SECRETARY 50.00 0.00 X 324479 0 48895 MR JOHN HENRY EVP, CFO & TREASURER 50.00 0.00 X 186054 0 4951 MS KIERA J LINDSAY ASST GENERAL COUNSEL & SECRETARY 50.00 0.00 X 124410 0 8332 MR ARMANI B SCOTT ASST GENERAL COUNSEL & SECRETARY 50.00 0.00 X 170950 0 22610 MS GENET A YILMA SVP, ACCT & FINANCE, ASST TREASURER 50.00 0.00 X 322803 0 30771 MR EARLY REESE COO 50.00 0.00 X 579321 0 134903 MR MAURICE JENKINS EVP & CHIEF DEVELOPMENT OFFICER 50.00 0.00 X 710668 0 110673 MS LAJUAN LYLES EVP, PEOPLE & CULTURE 50.00 0.00 X 418495 0 106542 MR LAWRENCE GRIFFITH JR EVP, SCHOLARSHIPS & PROGRAMS 50.00 0.00 X 417250 0 36426 MR LODRIGUEZ MURRAY SVP, PUBLIC POLICY & GOV. AFFAIRS 50.00 0.00 X 354002 0 84311 MS PAULETTE JACKSON SVP, NATIONAL DEVELOPMENT 50.00 0.00 X 321527 0 30391 MR ROBERT RUCKER SVP, CIO, ENTERPRISE TECHNOLOGY 50.00 0.00 X 331944 0 26019 MR MARC A BARNES SVP, PRINCIPAL GIFTS & STRATEGY 50.00 0.00 X 499745 0 101188 MR SEKOU BIDDLE SVP, ADVOCACY & STUDENT DEV. 50.00 0.00 X 252823 0 1712 MS AKOSUA ALI SVP STRATEGIC INITIATIVES 50.00 0.00 X 275000 0 27243 6902806 0 930648 107 0 1 0 RR DONNELLEY & SONS CO 35 W WACKER DRIVE CHICAGO IL 60601 MGMT CONSULTANTS 3888980 STRADA COLLABORATIVE INC DBA INSIDE TRAC 10 WEST MARKET STREET SUITE 1100 INDIANAPOLIS IN 46204 EDUCATIONAL COACHING 1693709 BLUE STATE DIGITAL 101 AVENUE OF AMERICA 12TH FLOOR NEW YORK NY 10013 MGMT CONSULTANTS 1329107 BLACKBAUD PO BOX 930256 ATLANTA GA 31193 SOFTWARE PROVIDER 667553 COMMUNITY COUNSELLING 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10022 CAMPAIGN CONSULTANT 662462 49 452803 8222435 126058593 134733831 PROGRAM RENTAL INCOME 900099 16000 16000 16000 19259268 -41191 19300459 368824640 363912355 4912285 4912285 4912285 13500452 8222435 13500452 0 158921384 16000 -41191 24212744 70713343 70713343 23997206 23997206 4559359 4559359 29349814 12795421 6541150 10013243 1556743 587428 509615 459700 4064702 1764277 1133880 1166545 2476970 934670 810861 731439 13469852 4258509 6133345 3077998 655288 655288 400609 85000 315609 24000 24000 1081935 1081935 592734 366092 36627 190015 7309825 998690 657760 5653375 -98604 1425348 -1768551 244599 2307073 1172994 261640 872439 3965692 2644771 559569 761352 3212094 2889312 142974 179808 906503 906503 1048570 1048570 237404 237404 BAD DEBT EXPENSE 11680623 11680623 INDIRECT COST RECOVERY 194 7009955 -7009761 183511929 144405574 15731842 23374513 39298929 56073619 268139755 213576117 245275339 145822679 46809359 11929213 32037790 34880146 115569646 211188989 200608316 230885371 16098010 917027785 892426921 24242581 21778516 4276524 3213246 23326218 22277470 15723051 9368416 67568374 56637648 X 57862436 60787593 791596975 775001680 849459411 835789273 917027785 892426921 -24590545 10920407 0 X 0 1 X 1 0 X 215474463 212138431 352410439 226304098 134717771 1141045202 215474463 212138431 352410439 226304098 134717771 1141045202 318856505 822188697 5473251 3829419 6872996 22543257 19328017 58046940 88834 88834 1518862 3614017 6629149 7852445 13500452 33114925 1232295901 651439 0.66720 0.65680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 176 1 14096 0 1 521101 1 235924 0 771297 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. 1414260 X X X X SEE SCH D, PART XIII 0 0 183839018 7536087 13513277 8286503 196601879 153854299 8914254 26385052 5314587 183839018 155460348 8059029 -4196124 5468954 153854299 124606106 25970929 10037391 5154078 155460348 94413257 7788628 26938397 4534176 124606106 0.07500 0.64390 0.28110 0 0 6350000 6350000 23034095 7050272 15983823 469226 351314 117912 5038531 4527627 510904 11917507 11917507 34880146 HEDGE FUNDS 65790806 F PRIVATE EQUITIES 77504575 F US AND GLOBAL EQUITIES 83543551 F FIXED INCOME 4046439 F 230885371 ACCRUED DISTRIBUTION TO MEMBER INST 9368416 9368416 X 169814555 10920407 1054699 11975106 157839449 1081935 1081935 158921384 183484693 1054699 1054699 182429994 1081935 1081935 183511929 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, 2025, UNCF HELD THE REMAINING $1,414,260 OF THIS COLLECTION WITHIN A SECURED ENVIRONMENT FOR FUTURE PLANNED DISTRIBUTION. PART V, LINE 4: UNCF'S ENDOWMENTS CONSIST OF 186 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, 2025 AND 2024 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) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 18088000 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA 0 0 INVESTMENTS 20825000 0 0 0 0 0 0 38913000 0 38913000 1 0 1 1 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, 2024. X X X X X X 1 TONYA COLEMAN 1825 LEGACY LANE CHASKA MN 65671 GALA/BALL 0 575470 24000 551470 575470 24000 551470 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 3360723 2264476 1096247 144806 119396 832045 WASH DC GALA 1607038 1101820 505218 66731 55052 383435 76 16755126 4856139 11898987 1571767 1295933 9031287 21722887 8222435 13500452 1783304 1470381 10246767 13500452 0 1 ALLEN UNIVERSITY 1530 HARDEN STREET COLUMBIA SC 29204 570341191 501(C)(3) 901251 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN BENEDICT COLLEGE HARDEN AND BAND STREETS COLUMBIA SC 29204 570314365 501(C)(3) 2120774 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN BENNETT COLLEGE FOR WOMEN 900 EAST WASHINGTON STREET GREENSBORO NC 27401 560532296 501(C)(3) 864610 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN BETHUNE-COOKMAN UNIVERSITY 640 DR MARY MCLEOD BETHUNE BLVD DAYTONA BEACH FL 32114 590704726 501(C)(3) 1671342 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN CLAFLIN UNIVERSITY 400 MAGNOLIA STREET ORANGEBURG SC 29115 570314374 501(C)(3) 1159052 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN CLARK ATLANTA UNIVERSITY 223 JAMES P BRAWLEY DRIVE ATLANTA GA 30314 581825259 501(C)(3) 2968505 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN DILLARD UNIVERSITY 2601 GENTILLY BLVD NEW ORLEANS LA 70122 720408929 501(C)(3) 1201234 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN EDWARD WATERS UNIVERSITY 1658 KINGS ROAD JACKSONVILLE FL 32209 591146751 501(C)(3) 1019968 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN FISK UNIVERSITY 1000 17TH AVENUE NORTH NASHVILLE TN 37208 620202000 501(C)(3) 1210030 262925 FMV BLOOMBERG SUBSCRIPTION & AREA OFFICE GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN FLORIDA MEMORIAL UNIVERSITY 15800 NW 42ND AVENUE MIAMI FL 33054 590668483 501(C)(3) 1083394 241523 FMV BLOOMBERG SUBSCRIPTION & AREA OFFICE GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN HUSTON TILLOTSON UNIVERSITY 900 CHICON STREET AUSTIN TX 78702 741180151 501(C)(3) 1186178 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN INTERDENOMINATIONAL THEOLOGICAL CENTER 700 MARTIN L KING JR DRIVE SW ATLANTA GA 30314 580814544 501(C)(3) 756958 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN JARVIS CHRISTIAN UNIVERSITY HIGHWAY 80 WEST HAWKINS TX 75765 750995027 501(C)(3) 851507 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN JOHNSON C SMITH UNIVERSITY 100 BEATTIES FORD ROAD CHARLOTTE NC 28216 250983069 501(C)(3) 1032051 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN LANE COLLEGE 545 LANE AVENUE JACKSON TN 38301 620570060 501(C)(3) 925894 267341 FMV BLOOMBERG SUBSCRIPTION & AREA OFFICE GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN LEMOYNE OWEN COLLEGE 807 WALKER AVENUE MEMPHIS TN 38126 620475690 501(C)(3) 928414 288022 FMV BLOOMBERG SUBSCRIPTION & AREA OFFICE GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN LIVINGSTONE COLLEGE 701 WEST MONROE STREET SALISBURY NC 28144 560603922 501(C)(3) 983418 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN MILES COLLEGE 5500 MYRON MASSEY BLVD FAIRFIELD AL 35064 630400608 501(C)(3) 1135410 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN MOREHOUSE COLLEGE 830 WESTVIEW DRIVE SW ATLANTA GA 30314 580566205 501(C)(3) 3141793 210342 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN MORRIS COLLEGE 100 WEST COLLEGE STREET SUMTER SC 29150 576000734 501(C)(3) 715077 119545 FMV BLOOMBERG SUBSCRIPTION & AREA OFFICE GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN OAKWOOD UNIVERSITY 7000 ADVENTIST BOULEVARD NW HUNTSVILLE AL 35896 630366652 501(C)(3) 1186312 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN PAINE COLLEGE 1235 15TH STREET AUGUSTA GA 30901 237434499 501(C)(3) 895517 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN PHILANDER SMITH UNIVERSITY ONE TRUDDIE KIBBE REED DRIVE LITTLE ROCK AR 72202 710239729 501(C)(3) 983439 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN RUST COLLEGE 150 RUST AVENUE HOLLY SPRINGS MS 38635 640303805 501(C)(3) 807382 238292 FMV BLOOMBERG SUBSCRIPTION & AREA OFFICE GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN SAINT AUGUSTINE'S UNIVERSITY 1315 OAKWOOD AVENUE RALEIGH NC 27610 560547478 501(C)(3) 867537 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN SHAW UNIVERSITY 118 EAST SOUTH STREET RALEIGH NC 27611 560530235 501(C)(3) 1024718 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN SPELMAN COLLEGE 350 SPELMAN LANE SW ATLANTA GA 30314 580566243 501(C)(3) 3600671 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN STILLMAN COLLEGE 3601 STILLMAN BOULEVARD TUSCALOOSA AL 35403 630315935 501(C)(3) 1118650 238292 FMV BLOOMBERG SUBSCRIPTION & AREA OFFICE GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN TALLADEGA COLLEGE 627 WEST BATTLE STREET TALLADEGA AL 35160 630288870 501(C)(3) 1220001 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN TEXAS COLLEGE 2404 NORTH GRAND AVENUE TYLER TX 75712 750917417 501(C)(3) 909242 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN TOUGALOO COLLEGE 500 WEST COUNT LINE ROAD TOUGALOO MS 39174 640303093 501(C)(3) 1044100 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN TUSKEGEE UNIVERSITY CARNEGIE HALL 2ND FLOOR TUSKEGEE AL 36088 630288878 501(C)(3) 1459412 262383 FMV BLOOMBERG SUBSCRIPTION & AREA OFFICE GRANTS & SCHOLARSHIPS, TECH ASSIST, AREA OFFICE JOINT CAMPAIGN VIRGINIA UNION UNIVERSITY 1500 NORTH LOMBARDY STREET RICHMOND VA 23220 540524516 501(C)(3) 963217 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN VOORHEES UNIVERSITY 103 ACADEMIC CIRCLE DENMARK SC 29042 570329786 501(C)(3) 999210 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN WILBERFORCE UNIVERSITY PO BOX 1001 WILBERFORCE OH 45384 310604719 501(C)(3) 957735 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN WILEY UNIVERSITY 711 WILEY AVENUE MARSHALL TX 75670 750818183 501(C)(3) 910928 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN XAVIER UNIVERSITY ONE DREXEL DRIVE NEW ORLEANS LA 70125 720635884 501(C)(3) 2054597 119545 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN ASIAN AND PACIFIC ISLANDER 2025 M STREET NW WASHINGTON DC 20036 571192973 501(C)(3) 1826780 0 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) 1607792 0 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN HISPANIC SCHOLARSHIP FUND 55 SECOND STREET SAN FRANCISCO CA 94105 521051044 501(C)(3) 3839937 0 FMV AREA OFFICE SUPPORT GRANTS & SCHOLARSHIPS, AREA OFFICE JOINT CAMPAIGN 40 VARIOUS SCHOLARSHIPS 8879 20397625 STIPENDS, HONORARIUMS, & FELLOWSHIPS 1567 3599581 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 709718 0 495000 0 100215 0 90250 0 28198 0 1423381 0 0 0 MR MAURICE JENKINS EVP & CHIEF DEVELOPMENT OFFICER 358812 0 316875 0 34981 0 98794 0 11879 0 821341 0 0 0 MR EARLY REESE COO 452307 0 92033 0 34981 0 122147 0 12756 0 714224 0 0 0 MR MARC A BARNES SVP, PRINCIPAL GIFTS & STRATEGY 351445 0 122800 0 25500 0 69507 0 31681 0 600933 0 0 0 MS LAJUAN LYLES EVP, PEOPLE & CULTURE 320856 0 67253 0 30386 0 80073 0 26469 0 525037 0 0 0 MR LAWRENCE GRIFFITH JR EVP, SCHOLARSHIPS & PROGRAMS 337911 0 52500 0 26839 0 23867 0 12559 0 453676 0 0 0 MR LODRIGUEZ MURRAY SVP, PUBLIC POLICY & GOV. AFFAIRS 308769 0 44651 0 582 0 71752 0 12559 0 438313 0 0 0 MS DESIREE C BOYKIN SVP, GENERAL COUNSEL & SECRETARY 321978 0 0 0 2501 0 22637 0 26258 0 373374 0 0 0 MR ROBERT RUCKER SVP, CIO, ENTERPRISE TECHNOLOGY 291463 0 28500 0 11981 0 0 0 26019 0 357963 0 0 0 MS GENET A YILMA SVP, ACCT & FINANCE, ASST TREASURER 278298 0 40539 0 3966 0 18252 0 12519 0 353574 0 0 0 MS PAULETTE JACKSON SVP, NATIONAL DEVELOPMENT 269856 0 39690 0 11981 0 19079 0 11312 0 351918 0 0 0 MS THERESE BADON SVP, DEV NORTHERN DIVISION 253902 0 39000 0 15500 0 10836 0 26397 0 345635 0 0 0 MS AKOSUA ALI SVP STRATEGIC INITIATIVES 275000 0 0 0 0 0 0 0 27243 0 302243 0 0 0 MR SEKOU BIDDLE SVP, ADVOCACY & STUDENT DEV. 236723 0 16100 0 0 0 0 0 1712 0 254535 0 0 0 MR ARMANI B SCOTT ASST GENERAL COUNSEL & SECRETARY 158857 0 11284 0 809 0 10766 0 11844 0 193560 0 0 0 MR JOHN HENRY EVP, CFO & TREASURER 160576 0 25000 0 478 0 0 0 4951 0 191005 0 0 0 PART I, LINE 4B NON-QUALIFIED DEFERRED COMPENSATION PLANS ARE IN PLACE FOR DR. MICHAEL LOMAX, PRESIDENT & CEO; MR. EARLY REESE, CHIEF OPERATING OFFICER; MR. MAURICE JENKINS, EVP & CHIEF DEVELOPMENT OFFICER; MR. LODRIGUEZ MURRAY, VP, GOVERNMENT AFFAIRS; MS. LAJUAN LYLES, SVP, HR AND ADMINISTRATION; AND MR. MARC BARNES, SVP FOR PRINCIPAL GIFTS AND STRATEGIC IMPACT. 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 2024, UNCF DEFERRED $16,667, $100,000, $75,000, $42,187, $20,833, AND $50,000 FOR DR. LOMAX, MR. REESE, MR. JENKINS, MS. LYLES, MR. BARNES, AND MR. MURRAY RESPECTIVELY. 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 31565000 631300 30933700 2015 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: DISTRICT OF COLUMBIA DATE THE REBATE COMPUTATION WAS PERFORMED: 08/14/2020 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 UNIVERSITY 9) FISK UNIVERSITY 10) FLORIDA MEMORIAL UNIVERSITY 11) HUSTON-TILLOTSON UNIVERSITY 12) INTERDENOMINATIONAL THEOLOGICAL CENTER 13) JARVIS CHRISTIAN UNIVERSITY 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 UNIVERSITY 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 UNIVERSITY 35) WILBERFORCE UNIVERSITY 36) WILEY UNIVERITY 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, OFFICER 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 RECOMMEND 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. 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 UNITED NEGRO COLLEGE FUND INC 13-1624241 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 GOVERNING DOCUMENTS SUCH AS THE BYLAWS ARE 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.