Page 27 - TMCF 2023 Annual Report

A YEAR IN REVIEW:
MILESTONES
FOR STUDENTS,
PARTNERS,
DONORS, AND
EMPLOYEES
This annual report would not be complete without shedding light on the most important people to TMCF, and their impact for this year.
STUDENTS
There were 15,575 completed applications for scholarships and 2,839 awards distributed to a total
of 2,380 students (some students received more than one award). The 2023-2024 award amount was $22M+.
STRATEGIC PARTNERS
TMCF welcomed 26 new strategic partners to our organization. Our new partners pledged more than $9,963,508 (or $10M) in support, increasing revenue from the previous year by $8.9M, an increase of 11.6%.
DONORS
We are happy to report that 241 corporations donated $85.2M. Total unique donors for 2023 is 5,626, contributing $4.7M.
EMPLOYEES
Although TMCF is focused on serving the Black college community, the employees who drive us to greatness each day truly represent equal opportunity in the most literal sense. Our superb staff is comprised of women and men from various backgrounds, ethnicities and colors.
At the end of this year and taking into account all staff, including our management and leadership teams, TMCF employed a total of 94 employees in full-time positions. Of those, 81 employees (86.2%) were Black/African American, 10 employees (10.6%) were Latino or Hispanic and six employees (6.4%) were two or more races. Ten employees were white (10.6%).
THURGOOD MARSHALL COLLEGE FUND 27