United Negro College Fund, Inc. HQ

A mind is a terrible thing to waste®

aka UNCF   |   Washington, DC   |  UNCF.org

Mission

Since UNCF was founded in 1944, opportunities for African American and other minority youths have increased dramatically. But the national need for minority education has proven as timeless as UNCF's motto, "A mind is a terrible thing to waste."® Far too many African American and other minority students still lack the financial and other support or the rigorous pre-college education they need to gain admission to and succeed in college. It is to the success, in school and beyond, of these young men and women that UNCF is dedicated, as much today as it was when it was founded.

Ruling year info

2004

Principal Officer

Mr. Dr. Michael L. L. Lomax

Main address

1805 7th Street NW

Washington, DC 20001 USA

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EIN

13-1624241

NTEE code info

Education N.E.C. (B99)

Scholarships, Student Financial Aid, Awards (B82)

Civil Rights, Social Action, and Advocacy N.E.C. (R99)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Financial Aid

UNCF provides has helped more than half a million students earn college degrees since it was founded, providing more than 10,000 scholarships and internships each year through more than 400 programs for minority and low-income students. UNCF's Corporate Scholars Program provides not only opportunities for students, but access to a diverse pipeline of future leaders for some of the nation's largest corporations. UNCF provides financial support to its 37 member historically black colleges and universities (HBCUs) so they can maintain strong academic programs and affordable tuition levels and so they can provide last-dollar scholarships to their 55,000 students. HBCUs represent just 3% of the nation's colleges and universities, but have awarded nearly 20% of the college degrees earned by African Americans. UNCF also reaches out to public policy makers to advocate for the importance of minority education, both at the K-12 and the college level.

Population(s) Served
Economically disadvantaged people
Students

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

United Negro College Fund, Inc.
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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United Negro College Fund, Inc.

Board of directors
as of 07/25/2022
SOURCE: Self-reported by organization
Board chair

William Stasior

No Affiliation

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Bank of America

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Glenda Baskin Glover

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Sharon Murphy

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David Sable

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Aloysius McLaughlin

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Ben-Saba Hasan

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A. Charles Thomas

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Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No