UNCF's mission is to build a robust and nationally-recognized pipeline of under-represented students who, because of UNCF support, become highly-qualified college graduates and to ensure that our network of member institutions is a respected model of BEST (see schedule o) practice in moving students to and through college.
In care of SETH Bardu
Donations are tax-deductible
Category
Other
Employees
306
Volunteers
1,913
Financial Snapshot
FY ending 2023-03-31
Revenue
$361.4M
Expenses
$171.5M
Assets
$848.8M
Liabilities
$76.7M
Financial history
$361.4M$180.7M$0
17181920212223
RevenueExpenses
Latest FY2023: $361.4M · Avg: $153.3M
Foreign activity (Schedule F)
Total spent abroad$30.5M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
Region
Activity
Spent
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
—
—
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,
—
—
501(h) election
This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.
Political & Grant Activity
Campaign Spending
—
Lobbying
$817K
Grants Given
$49.3M
UNITED NEGRO COLLEGE FUND INC
Your actions
Address
1805 7TH Street NW
Washington, DC, 20001-318
Governance
Voting board members37
Independent members37
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Financial detail (Schedule D)
Board-designated %5.7%
Permanent endowment %71.6%
Endowment held by related orgNo
Fundraising activity (Schedule G)
Uses professional fundraisersYes
Gross fundraising receipts$818K
Net to org$782K
Retained by contractors$36K
ChannelsMail · Phone · Email · In-person · Grant solicitation