UNCF President Michael Lomax to Step Down in June 2027 After 23-Year Tenure
Event summary
- Dr. Michael Lomax will conclude his presidency of UNCF in June 2027 after 23 years at the helm.
- Under his leadership, UNCF raised over $4 billion and expanded its endowment from $60 million to $500 million (expected to reach $600 million by departure).
- UNCF supported more than 300,000 students and strengthened partnerships across philanthropy, corporate America, higher education, and government.
- The board has launched a national search for Lomax’s successor, with the transition set to begin in mid-2027.
The big picture
UNCF’s leadership transition comes at a pivotal moment for HBCUs, which have gained increased national attention but face ongoing funding challenges. Lomax’s departure marks the end of an era defined by unprecedented growth in philanthropic support and institutional capacity-building. The next leader will need to navigate a shifting higher education landscape while maintaining UNCF’s role as a key advocate for educational equity.
What we're watching
- Succession Risk
- Whether UNCF can maintain its strategic momentum under new leadership after Lomax’s transformative tenure.
- Fundraising Momentum
- The pace at which UNCF advances its $1 billion capital campaign amid the transition.
- HBCU Advocacy
- How the next president will sustain UNCF’s influence in reshaping national conversations around HBCUs and educational equity.