Thurgood Marshall College Fund

“TMCF has a professional employer organization (PEO) arrangement with Insperity. Insperity files all required federal employment tax returns.”

“The Federal form 990 is prepared by an independent public accounting firm. The draft form 990 is initially reviewed by management and is made available to the entire Board of Directors before filing with the Internal Revenue Service.”

“TMCF's reputation for integrity is its most valuable asset and is directly related to the conduct of its Board of Directors, officers, and other employees. Therefore, employees must never use their positions with TMCF, or any of its clients, for private gain, to advance personal interests, or to obtain favors or benefits for themselves, members of their families or any other individuals, corporations or business entities. TMCF adheres to the highest legal and ethical standards applicable in our business. TMCF's business is conducted in strict observance of both the letter and spirit of all applicable laws and the integrity of each employee is of utmost importance. Employees of TMCF shall conduct their personal affairs such that their duties and responsibilities to TMCF are not jeopardized and/or legal questions do not arise with respect to their association or work with TMCF.”

“TMCF uses independent board approval, comparability data, and contemporaneous substantiation of the deliberation and decision when determining compensation of the top management officials as well as key employees.”

“TMCF does not make public governing documents or the conflict of interest policy. The financials statements are posted to the website.”

“The identification process is implemented by pre-screening students for geographic preferences, career objectives, and matching TMCF's partners' needs. Qualified applicants demonstrate personal effectiveness competencies such as active listening skills, presentation skills, professionalism, dependability and reliability, interpersonal skills and self-awareness in order to model the behavior of a student for whom the talent acquisition division determines is the best recruit. TMCF Corporate Scholar Programs promote career readiness through scholarships, leadership development, boot camps, and immersive experiences for hand-selected student leaders attending HBCUs and PBIs. These highly competitive and unique programs leverage the knowledge, experience, and network of top employers from around the country and TMCF staff to foster a collaborative learning community. Students develop key leadership skills, nurture their originality and receive hands-on experience that will prepare them to be career ready as they join the workforce.”

“(continuation): This training will equip future teachers with the skills they need to successfully enter high-need schools in urban and rural communities. Selected science, technology, engineering, and math (STEM) majors will take part in a two-week fellowship designed to expose those considering a career education to the latest theories and practices associated with exemplary science and mathematics instruction.”

“Uncollectible pledges -3,709,848.”

“TMCF's Finance Committee is responsible for the oversight of the audit and the selection of the independent accountant. This process has not changed from prior years.”