Page 28 - TMCF 2023 Annual Report

HBCU TRANSFORMATION PROJECT
The HBCU Transformation Project received a $124 million investment from Blue Meridian Partners, increasing its total investment to $184 million. The new investment will expand the Transformation Project’s work to drive systemic improvements among historically Black colleges and universities (HBCUs) nationwide.
The HBCU Transformation Project is a collaboration between UNCF (United Negro College Fund), TMCF and Partnership for Education Advancement (Ed Advancement). Forty HBCUs are currently working intensively with the Project and additional campuses are expected to join.
“HBCUs have always been an express train to the Black middle class, and to keep that going, we need to accelerate our collaborative work and identify solutions that help maximize our students’ path to success. We’re thrilled that major donors and philanthropies are showing a new interest in HBCUs, and we welcome their support. It’s long past time for HBCUs to get the resources they deserve.”
Dr. Harry L. Williams, President & CEO, TMCF
28 2023 ANNUAL REPORT