Education : Scholarship and Financial Support

UNCF

A mind is a terrible thing to waste

three stars

88.22

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

Board Leadership
William F. Stasior
Chair Of The Board

CEO
Michael L. Lomax
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 88.22 three stars
  Financial 85.39 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 04/01/2019 and includes data from FY2018, the most recent 990 received at that time.

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.

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.

Financial

three stars

85.39

Accountability & Transparency

four stars

92.00

This rating was published 04/01/2019 and includes data from FY2018, 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)
88.5%
  Administrative Expenses 3.9%
  Fundraising Expenses 7.4%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 3.17
  Program Expenses Growth 0.4%
  Liabilities to Assets 6.8%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $57,924,926
   Federated Campaigns $1,112,404
   Membership Dues $0
   Fundraising Events $8,785,459
   Related Organizations $0
   Government Grants $0
Total Contributions $67,822,789
   Program Service Revenue $247,678
Total Primary Revenue $68,070,467
   Other Revenue $21,207,523
TOTAL REVENUE $89,277,990
   
EXPENSES  
   Program Expenses $151,585,911
   Administrative Expenses $6,447,898
   Fundraising Expenses $13,688,960
TOTAL FUNCTIONAL EXPENSES $171,722,769
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-82,444,779
   
Net Assets $637,253,512

Charts

Compensation % of Expenses Paid to Title
$983,929 0.57% Michael L. Lomax President, CEO

Mission

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) 88.22 three stars
College Now Greater Cleveland (OH) 95.47 four stars
Children's Scholarship Fund (NY) 89.39 three stars
The Lyford Cay Foundation (NY) 85.36 three stars
The Francis Ouimet Scholarship Fund (MA) 89.54 three stars

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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 Of The Board

CEO

Michael L. Lomax
President, CEO