United Negro College Fund Inc

WASHINGTON, DC EIN: 13-1624241 Website

UNCF is the nation's largest and most effective minority education organization that empowers students at HBCUs through scholarships, internships, and fellowships. The organization supports over 60,000 students at more than 1,100 schools and awards $65M+ in scholarships annually through more than 400 programs, with 85% of every dollar raised going directly to student support.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$917.0M

+8.0% YoY

Annual Giving

$59.2M

+5.7% YoY

Grant Count

40

+0.0% YoY

Avg Grant Size

$1.5M

+5.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$99M$199M$298M$397M20202021202220232024
Metric202420232022
Total Assets$917,027,785$848,813,093$679,851,959
Revenue$250,935,174$361,352,697$223,162,934
Expenses$195,036,675$171,465,522$192,711,820
Qualifying Distributions
Net Investment Income$24,621,876$8,841,568$10,792,111
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$21M$42M$63M$84M46 grants202051 grants202140 grants202240 grants202340 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MOREHOUSE COLLEGE$4.5MHISPANIC SCHOLARSHIP FUND$4.2MSHAW UNIVERSITY$3.2MCLARK ATLANTA UNIVERSITY$3.0MDILLARD UNIVERSITY$2.9MTUSKEGEE UNIVERSITY$2.6MASIAN AND PACIFIC ISLANDER$2.2MSPELMAN COLLEGE$1.8MXAVIER UNIVERSITY$1.8MHUSTON TILLOTSON UNIVERS…$1.8M

Grant Size Distribution

217 grants across all recorded years

1<$50K5$50–100K1$100–250K23$250–500K98$500K–1M77$1–5M12$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does United Negro College Fund Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DR MICHAEL L LOMAXPRESIDENT & CEO$925KMR EARLY REESECOO$766KMR MAURICE E JENKINS…EVP & CHIEF DEVELOPMENT OFFI…$458KMS LAJUAN LYLESSVP, HR & ADMINISTRATION$396KMR LAWRENCE GRIFFITH…SVP, SCHOLARSHIPS & PROGRAM$395KMS DESIREE C BOYKINVP GENERAL COUNSEL & SECRETARY$342KMR LODRIGUEZ MURRAYVP. GOVERNMENT AFFAIRS$335KMR SETH BARDUSVP, CFO & TREASURER$321KMS PAULETTE JACKSONVP DEV. HEADQUARTER DIVISION$314KMR ROBERT RUCKERVP, RESEARCH & MEMBER ENGA$310KMR MARC A BARNESSVP, PRINCIPAL GIFTS & STRAT…$300KMR DIEGO AVILESVP. DEV NORTHERN DIVISION$300KMS GENET YILMASVP, FINANCE & ACCOUNTING$270KMR ARMANI B SCOTTASSISTANT GENERAL COUNSEL$169KMS KIERA J LINDSAYASSISTANT SECRETARY$122K

From 2024 filing

NameTitleHoursCompensation
DR MICHAEL L LOMAXPRESIDENT & CEO50$924,674
MR EARLY REESECOO50$765,813
MR MAURICE E JENKINS JREVP & CHIEF DEVELOPMENT OFFICER50$457,936
MS LAJUAN LYLESSVP, HR & ADMINISTRATION50$396,114
MR LAWRENCE GRIFFITH JRSVP, SCHOLARSHIPS & PROGRAM50$395,182
MR LODRIGUEZ MURRAYVP. GOVERNMENT AFFAIRS50$335,106
MS DESIREE C BOYKINVP GENERAL COUNSEL & SECRETARY50$341,888
MR SETH BARDUSVP, CFO & TREASURER50$321,449
MR DIEGO AVILESVP. DEV NORTHERN DIVISION50$299,840
MS PAULETTE JACKSONVP DEV. HEADQUARTER DIVISION50$313,645
MR ROBERT RUCKERVP, RESEARCH & MEMBER ENGA50$310,008
MR MARC A BARNESSVP, PRINCIPAL GIFTS & STRATEGIC IMPACT50$300,035
MS GENET YILMASVP, FINANCE & ACCOUNTING50$270,108
MR ARMANI B SCOTTASSISTANT GENERAL COUNSEL50$169,197
MS KIERA J LINDSAYASSISTANT SECRETARY50$121,672
MR MILTON H JONES JRCHAIR OF THE BOARD9.6
DR GEORGE T FRENCH JRVICE CHAIR/INST. DIRECTOR1.5
MR ALFRED G GOLDSTEINVICE CHAIR0.75
MR KIETH COCKRELLBOARD MEMBER0.5
MS CELIA A COLBERTBOARD MEMBER1.25
MR GREGORY G CUNNINGHAMBOARD MEMBER0.5
MR VLADIMIR GALIOTHEBOARD MEMBER0.5
MR PAUL GAMABOARD MEMBER0.5
MR GERALD JOHNSONBOARD MEMBER0.5
MR ALOYSIUS MCLAUGHLINBOARD MEMBER0.75
MR KENNETH B MEHLMANBOARD MEMBER0.5
MR BEN MINICUCCIBOARD MEMBER0.5
MS RHONDA MORRISBOARD MEMBER0.5
MS TARA PARKERBOARD MEMBER0.5
MS LAURIE READHEADBOARD MEMBER0.5
MS DANETTE ANTHONY REEDBOARD MEMBER0.5
MR DAVID SABLEBOARD MEMBER0.5
MS LASONJA SCOTTBOARD MEMBER0.5
MR WILLIAM F STASIORBOARD MEMBER2.5
MR TERRY WOODARDBOARD MEMBER0.5
MR SAFROADU YEBOAH-AMANKWAHBOARD MEMBER0.5
DR ANTHONY J DAVISINSTITUTIONAL DIRECTOR0.5
DR PAULETTE DILLARDINSTITUTIONAL DIRECTOR0.5
DR CHERYL EVANS-JONESINSTITUTIONAL DIRECTOR0.5
DR HERMAN J FELTON JRINSTITUTIONAL DIRECTOR0.5
DR DWIGHT J FENNELLINSTITUTIONAL DIRECTOR0.5
DR ROCHELLE FORDINSTITUTIONAL DIRECTOR0.5
DR HELENE D GAYLEINSTITUTIONAL DIRECTOR0.5
DR RONNIE HOPKINSINSTITUTIONAL DIRECTOR0.5
DR GLENELL M LEE-PRUITTINSTITUTIONAL DIRECTOR0.5
DR CHARLOTTE P MORRISINSTITUTIONAL DIRECTOR0.5
DR YOLANDA W PAGEINSTITUTIONAL DIRECTOR0.5
DR GREGORY J VINCENTINSTITUTIONAL DIRECTOR0.5
DR MELVA K WALLACEINSTITUTIONAL DIRECTOR0.5
DR SUZANNE E WALSHINSTITUTIONAL DIRECTOR0.5

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

20states
+12 more states

Cities

AlbuquerqueAtlantaAugustaAustinBaltimoreBrooklynCharlotteChicagoColumbiaDallasDaytona BeachDenmarkDurhamFairfieldFayettevilleGreensboroHawkinsHolly SpringsHuntsvilleIndianapolis

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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