Thurgood Marshall College Fund, Inc.

https://tmcf.org/

The Thurgood Marshall College Fund (TMCF) is the largest organization in the United States exclusively representing the Black college community. Established in 1987, its core mission is to ensure student success by promoting educational excellence and preparing the next generation of workforce talent through leadership development. TMCF's headquarters are located in Washington, D.C..

TMCF provides a wide array of services and programs, including merit- and need-based scholarships, programmatic support, capacity building, and research initiatives for its member schools. It offers leadership development, internships, career resources, and talent discovery programs, connecting students from Historically Black Colleges and Universities (HBCUs), Predominantly Black Institutions (PBIs), and Historically Black Community Colleges (HBCCs) with employers. The organization also engages in advocacy to support its member institutions and advance educational and economic equity.

Dr. Harry L. Williams serves as the President & CEO, with Racquel Oden as the Chair of the Board. In recent news, TMCF received a $25 million grant from Lilly Endowment Inc. in January 2025 to enhance capacity at HBCUs. In March 2026, its annual Presidents & Chancellors Fly-In facilitated connections between member institutions and government officials, leading to the introduction of a bipartisan bill aimed at streamlining federal funding for HBCUs. The organization also reported a strong financial position for fiscal year 2024, with total assets exceeding $143 million and operating revenue of $93.8 million.

Latest updates

Loss of Rep. Scott Creates Uncertainty for HBCU Funding

Event summary

  • U.S. Representative David Scott, a key advocate for Historically Black Colleges and Universities (HBCUs), has passed away.
  • Rep. Scott secured $80 million in mandatory funding for agriculture-focused scholarships at 1890 institutions.
  • He served in Congress for over 50 years and graduated from Florida A&M University and the Wharton School.
  • The Thurgood Marshall College Fund (TMCF) is mourning his loss and highlighting his contributions to the HBCU community.

The big picture

Rep. Scott’s passing represents a significant loss for the HBCU community, as he was a consistent and influential voice in securing vital funding and advocating for their sustainability. His efforts helped to address a historical underfunding issue, but his absence creates a risk of policy reversals or a slowdown in progress. TMCF’s role in bridging the gap between HBCUs and policymakers will be increasingly critical in the coming years.

What we're watching

Legislative Momentum
The future of Rep. Scott’s existing legislation and any pending HBCU-related bills is now uncertain, requiring TMCF and other advocacy groups to actively engage with Congress to maintain progress.
Funding Stability
The long-term stability of the $80 million agriculture scholarship program will be tested as new legislators assess priorities and potentially seek to reallocate funds.
Succession Risk
The replacement of Rep. Scott will likely shift the dynamics of HBCU advocacy within Congress, potentially impacting TMCF’s ability to influence policy and secure resources.

TMCF Expands HBCU Faculty Development Initiative with ACUE

Event summary

  • The Thurgood Marshall College Fund (TMCF) is expanding its partnership with the Association of College and University Educators (ACUE) through the CHANGE Initiative.
  • The CHANGE Initiative, fully funded by TMCF, focuses on faculty and staff professional development across Historically Black Colleges and Universities (HBCUs).
  • The 2026 cohort of the initiative includes 10 institutions, five continuing and five new.
  • The initiative now includes unlimited access for faculty and staff, expanded scope to include leadership and support staff, and a research component focused on well-being and institutional improvement.

The big picture

The partnership reflects a growing recognition of the critical role of faculty development in improving outcomes at HBCUs, institutions often facing resource constraints. By focusing on evidence-based teaching practices and staff well-being, TMCF and ACUE are attempting to address systemic challenges within the higher education sector. The expansion to include leadership and support staff signals a broader effort to cultivate institutional capacity beyond the classroom, potentially influencing the long-term viability of these institutions.

What we're watching

Implementation Risk
The success of the expanded initiative hinges on the ability of TMCF and ACUE to effectively integrate the program across ten institutions and ensure widespread faculty and staff participation.
Data Integrity
The inclusion of longitudinal research requires robust data collection and analysis to accurately measure the impact of the program on student outcomes and institutional performance.
Funding Sustainability
While TMCF fully funds the initiative currently, long-term sustainability will depend on securing additional funding sources or demonstrating a clear return on investment to justify continued support.

HBCU Governance Initiative Receives $1.3M Lumina Foundation Grant

Event summary

  • TM² Executive Search, a subsidiary of the Thurgood Marshall College Fund (TMCF), received a $1.3 million grant from Lumina Foundation.
  • The 18-month initiative will assess governance at a cohort of HBCUs and produce recommendations for institutions and a sector-wide brief.
  • The initiative will be led by HBCU governance scholars Dr. Felecia Commodore and Dr. Toya Barnes-Teamer.
  • TM² has completed over 60 executive searches since its founding in 2016.

The big picture

HBCUs have historically faced governance challenges due to limited resources and support. This grant represents a targeted effort to address this gap, potentially improving institutional stability and student outcomes. Lumina Foundation’s investment aligns with its Goal 2040, which aims to increase credential attainment and equity in higher education, suggesting a broader strategic focus on HBCU strength as a key lever for achieving that goal.

What we're watching

Implementation Risk
The success of the initiative hinges on the ability of TM² and its partners to effectively implement the assessments and recommendations across a diverse cohort of HBCUs, potentially facing institutional resistance or resource constraints.
Sector Adoption
The broader HBCU sector’s willingness to adopt the recommendations and insights generated by the initiative will be critical in driving systemic governance improvements.
Long-Term Impact
Whether the initiative’s findings translate into sustained improvements in HBCU board effectiveness and institutional outcomes beyond the 18-month timeframe remains to be seen.

Bipartisan HBCU Funding Bill Emerges from TMCF Fly-In

Event summary

  • The Thurgood Marshall College Fund (TMCF) hosted its annual Presidents & Chancellors Fly-In in Washington, D.C., on March 30, 2026.
  • Senators Raphael Warnock and Katie Britt introduced a bipartisan bill, the HBCU Research Capacity Act, during a roundtable at the event.
  • The HBCU Research Capacity Act aims to streamline federal funding opportunities for HBCUs via a centralized website.
  • A new report, “Stewarding the Legacy,” from the Dr. N. Joyce Payne Research Center, surveyed HBCU presidents to identify leadership success factors.
  • TMCF represents member institutions enrolling nearly 80% of all students attending Black colleges and universities.

The big picture

The TMCF Fly-In highlights the ongoing need for targeted support and advocacy for HBCUs, which face unique challenges in securing funding and leadership. The introduction of the HBCU Research Capacity Act signals a potential shift towards more streamlined federal support, but the long-term impact will depend on legislative action and implementation. The report on presidential leadership underscores the importance of institutional stability and effective governance in the face of evolving higher education demands.

What we're watching

Legislative Progress
The bipartisan nature of the HBCU Research Capacity Act suggests potential for passage, but its ultimate fate will depend on committee assignments and floor votes in both chambers of Congress.
Research Impact
The findings of the Dr. N. Joyce Payne Research Center’s report could influence HBCU presidential selection processes and leadership development programs, potentially impacting institutional effectiveness.
Funding Landscape
The success of the centralized funding website, if enacted, will determine whether it meaningfully improves HBCU access to STEM research and development grants, and whether it reduces administrative burdens.

HBCU Presidential Turnover: New Study Points to Data-Driven Retention Strategies

Event summary

  • The Thurgood Marshall College Fund (TMCF) released a study, 'Stewarding the Legacy,' examining HBCU presidential leadership, identifying factors linked to longer tenures and institutional effectiveness.
  • The study surveyed sitting HBCU presidents and challenges the conventional wisdom that presidential turnover is solely a function of external factors.
  • TMCF relaunched TM² Executive Search in 2024 to improve candidate matching and increase presidential tenure.
  • The study highlights the importance of strategic executive search and onboarding processes for HBCU presidents.

The big picture

Historically, HBCUs have faced significant challenges related to presidential turnover, impacting institutional stability and strategic planning. This study represents a shift towards a data-driven approach to leadership development and retention, potentially offering a blueprint for other institutions facing similar governance challenges. The TM² Executive Search initiative, if successful, could become a model for specialized talent acquisition within the higher education sector.

What we're watching

Execution Risk
The success of TM² Executive Search will depend on its ability to consistently identify and place candidates who demonstrably improve institutional outcomes, not just shorten turnover.
Governance Dynamics
HBCU boards will need to actively adopt and implement the study’s recommendations, requiring a shift in governance practices and potentially challenging existing power structures.
Funding Sustainability
The long-term viability of the Payne Center’s research and TM²’s operations hinges on TMCF’s ability to secure sustained funding from donors and potentially government sources.

HBCU Leaders Lobby Congress as Federal Funding Debate Intensifies

Event summary

  • The Thurgood Marshall College Fund (TMCF) is hosting its annual Presidents & Chancellors Fly-In on March 24, 2026, in Washington, D.C.
  • The Fly-In brings together leaders from Historically Black Colleges and Universities (HBCUs), Historically Black Community Colleges (HBCCs), and Predominantly Black Institutions (PBIs).
  • The event aims to influence federal legislation and policies impacting these institutions, engaging members of Congress, executive branch officials, and corporate leaders.
  • Programming includes panels on AI and workforce development, a fireside chat with Under Secretary of Education Nicholas Kent, and a roundtable with Senators Warnock and Britt.
  • TMCF represents the Black college community and enrolls nearly 80% of students attending Black colleges and universities.

The big picture

The Fly-In underscores the ongoing need for advocacy and support for HBCUs, HBCCs, and PBIs, which face unique challenges related to funding, infrastructure, and student outcomes. The event's focus on AI and workforce development reflects the broader imperative for these institutions to adapt to rapidly changing economic conditions. Given the significant role these institutions play in educating a substantial portion of Black students, their success is intrinsically linked to broader societal equity and economic mobility.

What we're watching

Policy Shifts
The success of TMCF's lobbying efforts will hinge on the evolving political landscape and the priorities of the incoming Congress, particularly regarding federal funding for HBCUs and PBIs.
AI Impact
How the discussion around AI and the workforce at the Fly-In translates into concrete programs and partnerships will be a key indicator of TMCF's ability to prepare students for future job markets.
Financial Stability
Whether TMCF can secure commitments from corporate leaders and government officials to bolster the financial stability of member institutions will determine the long-term viability of the HBCU and PBI network.

HBCU Advocacy Intensifies as TMCF Pushes for Infrastructure Bill

Event summary

  • The Thurgood Marshall College Fund (TMCF) held an Arkansas HBCU Summit on March 12, 2026, featuring TMCF President Dr. Harry L. Williams, Congressman French Hill, and Congresswoman Alma S. Adams.
  • The summit focused on HBCU infrastructure, sustainability, private capital, and connecting talent to the economy.
  • Advocacy centered on the IGNITE HBCU Excellence Act, aimed at securing federal funding for HBCU infrastructure.
  • TMCF represents the nation’s largest Black college community, encompassing institutions enrolling nearly 80% of all students at Black colleges and universities.
  • A subsequent HBCU Fly-In Convening is scheduled for March 24, 2026, to further lobby for policy changes.

The big picture

The summit highlights the ongoing need for substantial investment in HBCUs, which face persistent challenges related to infrastructure and long-term financial stability. TMCF’s advocacy efforts reflect a broader trend of minority-serving institutions actively engaging in policy lobbying to secure resources and address systemic inequities. The reliance on legislative action underscores the vulnerability of HBCUs to changes in government priorities and the potential for political gridlock to impede progress.

What we're watching

Legislative Outlook
The passage of the IGNITE HBCU Excellence Act will be a key indicator of Congress's commitment to supporting HBCUs, and its failure could signal broader challenges in securing federal funding for minority-serving institutions.
Private Capital
The summit’s emphasis on private capital and public-private partnerships suggests a growing reliance on non-governmental funding sources for HBCU sustainability, which could introduce new governance and accountability considerations.
Political Alignment
The bipartisan support demonstrated at the summit, with participation from both Republican and Democratic lawmakers, may be fragile and susceptible to shifts in the political landscape.

Jackson's Passing Highlights TMCF's Role in Corporate Diversity Initiatives

Event summary

  • The Rev. Jesse L. Jackson, a prominent civil rights leader and HBCU advocate, passed away.
  • Jackson graduated from North Carolina A&T State University in 1964, where he held leadership positions including student government president and football quarterback.
  • Jackson brokered partnerships between TMCF and major corporations, securing multi-year investments for scholarships and Silicon Valley exposure.
  • The Thurgood Marshall College Fund (TMCF) represents the Black college community and supports nearly 80% of students at Black colleges and universities.

The big picture

Rev. Jackson’s advocacy was instrumental in establishing TMCF as a key intermediary between corporations seeking to diversify their workforce and HBCUs providing the talent. His passing underscores the ongoing need for organizations like TMCF to champion HBCUs and facilitate these crucial partnerships, particularly as corporate DEI initiatives face increasing pressure and evaluation. The organization's ability to maintain its influence will depend on its capacity to adapt to evolving philanthropic landscapes and corporate priorities.

What we're watching

Succession Risk
The loss of Jackson’s influence may impact TMCF’s ability to secure similar corporate partnerships and funding commitments, requiring the organization to identify and cultivate new relationships.
Corporate Scrutiny
Increased scrutiny of corporate diversity, equity, and inclusion (DEI) programs may lead to a reassessment of philanthropic investments like those facilitated by TMCF, potentially impacting future funding levels.
Talent Pipeline
The continued demand for diverse talent from HBCUs will pressure TMCF to expand its programs and partnerships to ensure a robust pipeline of qualified candidates for competitive internships and jobs.

Congress Rejects Administration Cuts to Pell Grants, Boosts HBCU Funding

Event summary

  • Congress passed the FY26 minibus appropriations bill, specifically the Labor-H portion, on February 3, 2026.
  • The bill maintains funding levels for Pell Grants, Federal Supplemental Equal Opportunity Grants (FSEOG), Federal Work Study, and TRIO programs, rejecting proposed administration cuts.
  • The legislation allocates funding to the Research and Development Infrastructure Grant Program for HBCUs and MSIs, previously unfunded in FY25.
  • Title III and Title V programs at HBCUs, MSIs, and PBIs will receive modest funding increases.

The big picture

The passage of this appropriations bill represents a victory for organizations like the TMCF and the institutions they serve, averting potentially damaging cuts to vital student aid programs. It highlights the ongoing political tension between administration priorities and Congressional support for equity-focused initiatives within higher education, a sector facing increasing pressure to demonstrate value and accessibility. The modest increases for HBCUs and MSIs suggest a growing recognition of their importance in addressing systemic inequalities and fostering a diverse talent pipeline.

What we're watching

Political Shifts
The bipartisan nature of this agreement may signal a broader trend toward prioritizing social programs despite potential political disagreements, though future appropriations cycles remain uncertain.
HBCU Impact
How HBCUs and MSIs leverage the Research and Development Infrastructure Grant Program will be a key indicator of the bill's long-term impact on their competitiveness and innovation capabilities.
Advocacy Efforts
The TMCF's stated goals of doubling the Pell Grant and further increasing HBCU infrastructure investment suggest continued advocacy efforts and potential future legislative battles.

TMCF Proposes Transatlantic Higher Education Network

Event summary

  • The Thurgood Marshall College Fund (TMCF) unveiled the Research Exchange and African Collaboration with HBCUs (REACH) Network at the EASA 2026 Annual Conference in Cape Town, South Africa.
  • The REACH Network aims to establish formal transatlantic partnerships between HBCUs and Historically Disadvantaged Institutions (HDIs) in South Africa through faculty exchange, student mobility, and collaborative research.
  • The initiative will initially focus on linking America's 19 historically Black land-grant universities with South African HDIs.
  • TMCF leadership, including Dr. Harry L. Williams, Dr. N. Joyce Payne, and Dr. M.C. Brown II, presented the framework and met with leadership at Stellenbosch University and University of the Western Cape.

The big picture

The TMCF’s initiative reflects a growing recognition of the shared historical experiences and educational challenges faced by Black institutions in the US and South Africa. This move signals a potential shift towards greater international collaboration within higher education, particularly among institutions serving marginalized communities. While HBCUs collectively manage a significant endowment base, the success of this program will depend on aligning the needs of HDIs with US resources and navigating complex geopolitical considerations.

What we're watching

Governance Dynamics
The success of the REACH Network hinges on establishing robust governance structures that ensure equitable partnerships and avoid power imbalances between institutions with differing resources and influence.
Funding Sustainability
The long-term viability of the exchange programs and collaborative research will depend on securing consistent funding from both public and private sources, a challenge given the economic disparities between the US and South Africa.
Implementation Pace
The pace at which formal partnership agreements are finalized and implemented will be a key indicator of the initiative's commitment and potential for widespread adoption across both HBCUs and HDIs.

MacKenzie Scott's $120 Million Boost Signals HBCU Investment Surge

Event summary

  • Philanthropist MacKenzie Scott has invested a total of $120 million in the Thurgood Marshall College Fund (TMCF) since 2020.
  • The initial $50 million gift in 2020 was followed by a $70 million unrestricted gift in September 2025.
  • TMCF plans to use the funds to expand scholarship programs, increase internal capacity (including AI integration), and bolster member institutions.
  • The SOAR program, focused on student preparation, expanded by 80% in 2025, impacting 1,000 students.

The big picture

MacKenzie Scott’s philanthropic strategy of providing large, unrestricted grants to a wide range of organizations has spurred a wave of funding for HBCUs and similar institutions. This influx of capital, while beneficial, highlights the ongoing systemic inequities in higher education funding and the potential for philanthropic support to become a critical, albeit unpredictable, revenue stream for these institutions. TMCF's ability to effectively deploy these funds and demonstrate impact will be crucial for attracting future investment and solidifying its position as a leader in the Black college community.

What we're watching

Governance Dynamics
The lack of prior disclosure regarding Scott's gifts suggests a shift in TMCF's transparency strategy, potentially driven by a desire to manage the influx of capital and avoid donor fatigue.
Execution Risk
Integrating artificial intelligence into TMCF’s operations carries execution risk; success will depend on attracting and retaining talent with the necessary expertise and adapting existing programs.
Sustainability
The reliance on large, unrestricted gifts creates a sustainability challenge; TMCF will need to diversify funding sources to ensure long-term operational stability and avoid dependence on individual philanthropy.
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