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Education : Scholarship and Financial Support (Fundraising)

UNCF

A mind is a terrible thing to waste

four stars

90.47

1805 7th Street, NW Washington, DC 20001
tel: (800) 331-2244   Web Site
EIN: 13-1624241

Board Leadership
William F. Stasior
Chair

CEO
Michael L. Lomax
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 90.47 four stars
  Financial 92.23 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 06/01/2016 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

four stars

92.23

Accountability & Transparency

three stars

89.00

This rating was published 06/01/2016 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
84.8%
  Administrative Expenses 7.3%
  Fundraising Expenses 7.8%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 4.23
  Program Expenses Growth 4.8%
  Liabilities to Assets 16.0%
All data for Financial Performance Metrics calculations was provided by UNCF on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by UNCF on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
UNCF (DC) 90.47 four stars
Children's Scholarship Fund Philadelphia (PA) 100.00 four stars
Mitchell Institute (ME) 91.88 four stars
Carson Scholars Fund (MD) 91.81 four stars
Extra Mile Education Foundation (PA) 85.91 three stars

Compare These Charities (Highly Rated)

Since its inception in 1944, UNCF has grown to become the nation's oldest and most successful African American higher education assistance organization. Our mission is to enhance the quality of education by providing financial assistance to deserving students, raising operating funds for member colleges and universities, and increasing access to technology for students and faculty at historically black colleges and universities. UNCF helps promising students attend college and graduate by providing operating funds for its 39 member colleges, administering 400 scholarship and internship programs, and serving as a national advocate for the importance of minority higher education by representing the public policy interests of its students and member colleges.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $188,243,557
   Federated Campaigns $1,622,563
   Membership Dues $0
   Fundraising Events $7,191,774
   Related Organizations $0
   Government Grants $867,740
Total Contributions $197,925,634
   Program Service Revenue $0
Total Primary Revenue $197,925,634
   Other Revenue $23,444,122
TOTAL REVENUE $221,369,756
   
EXPENSES  
   Program Expenses $149,817,827
   Administrative Expenses $9,083,856
   Fundraising Expenses $12,132,427
TOTAL FUNCTIONAL EXPENSES $171,034,110
   
Payments to Affiliates $0
Excess (or Deficit) for the year $50,335,646
   
Net Assets $773,588,865

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Gates Millennium Scholars Program $103,944,091 69.4%
Educational Delivery $28,957,564 19.3%
Institutional Services $2,403,406 1.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-03 06/01/2016 90.47 four stars
 
CN 2.0
2015-03 02/01/2016 89.62 three stars
2014-03 08/01/2015 87.37 three stars
2013-03 07/01/2014 91.20 four stars
2012-03 06/01/2013 91.34 four stars
2011-03 05/01/2012 90.71 four stars
2010-03 09/20/2011 87.96 three stars
 
CN 1.0
2010-03 06/01/2011 78.60 two stars
2009-03 07/01/2010 80.66 three stars
2008-03 07/01/2009 82.00 three stars
2007-03 10/01/2008 84.16 three stars
2006-03 04/01/2008 89.02 three stars
2005-03 03/01/2006 85.62 three stars
2004-03 03/01/2005 88.06 three stars
2003-03 12/01/2003 83.37 three stars
2002-03 04/15/2003 91.08 four stars
2001-03 10/15/2002 95.99 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-1624241
Name in IRS Master File UNITED NEGRO COLLEGE FUND INC
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(927) Fundraising
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End March
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • March, 2015
  • March, 2014
  • March, 2013
  • March, 2012
  • March, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$1,113,708 0.65% Michael L. Lomax President, CEO

Since its inception in 1944, UNCF has grown to become the nation's oldest and most successful African American higher education assistance organization. Our mission is to enhance the quality of education by providing financial assistance to deserving students, raising operating funds for member colleges and universities, and increasing access to technology for students and faculty at historically black colleges and universities. UNCF helps promising students attend college and graduate by providing operating funds for its 39 member colleges, administering 400 scholarship and internship programs, and serving as a national advocate for the importance of minority higher education by representing the public policy interests of its students and member colleges.

Highly Rated

Charity Name & State Overall Score Overall Rating
UNCF (DC) 90.47 four stars
Great Aspirations Scholarship Program (VA) 92.21 four stars
Evans Scholars Foundation (IL) 87.16 three stars
Thurgood Marshall College Fund (DC) 94.69 four stars
Daniel Murphy Scholarship Fund (IL) 89.28 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

UNCF
1805 7th Street, NW
Washington, DC 20001
tel: (800) 331-2244
EIN: 13-1624241

Visit Web Site

Board Leadership

William F. Stasior
Chair

CEO

Michael L. Lomax
President, CEO

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