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United Negro College Fund

Washington, DC · EIN 13-1624241 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending March 31, 2025 (tax year 2024) · View the filing · Correct or respond

United Negro College Fund reported $158.9 million in revenue and $183.5 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $78.69 went to program services, $8.57 to management and general costs and $12.74 to fundraising. Its largest source of revenue was contributions and grants: 84.8% of the total. The highest compensation it reported for one person was $1,423,381 (PRESIDENT & CEO). 107 people received more than $100,000 in reportable compensation. Revenue rose 74% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $184M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $159M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
78.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.6%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
12.7%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.17$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
84.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,423,381$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.78%1.28%
People paid over $100,000
Part VII, line 2
1078
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
54.713.3
Independent voting board members
Part VI 1a–1b
31 of 31100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$99M expenses · 68.8% of program spending · grants $58M

Direct program expenditures related to disbursements of scholarships and costs for evaluating eligibility for scholarships and expenses associated with providing technical assistance to member schools and other institutions.the work of uncf's growing portfolio of scholarship programs is unrivaled and includes a variety of scholarship programs managed by uncf, such as the fund ii foundation uncf STEM scholars program, uncf/koch scholars program, k-12 education fellowship and the frederick douglass bicentennial scholarship program. The panda cares scholars program has expanded to a three-year…

$16M expenses · 11.2% of program spending · grants $13M

The gates millennium scholars program (gmsp) covers cost of education to support undergraduate programs for outstanding students of color with significant financial need, and the costs through doctoral degrees in seven target disciplines for students selected as gates millennium scholars. Gmsp, the most extensive program in uncf's history, was awarded in 1999 by the bill and melinda gates foundation for $1.6 billion. Ths 20-year program sunsets in 2029

$24M expenses · 16.6% of program spending · grants $24M

Distributions to member institutions of uncf

$4.8M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 50.00 hrs/week
$1,304,933$0$118,448$1,423,381
EVP & CHIEF DEVELOPMENT OFFICER
Key employee, 50.00 hrs/week
$710,668$0$110,673$821,341
COO
Key employee, 50.00 hrs/week
$579,321$0$134,903$714,224
SVP, PRINCIPAL GIFTS & STRATEGY
Highest compensated employee, 50.00 hrs/week
$499,745$0$101,188$600,933
EVP, PEOPLE & CULTURE
Key employee, 50.00 hrs/week
$418,495$0$106,542$525,037
EVP, SCHOLARSHIPS & PROGRAMS
Key employee, 50.00 hrs/week
$417,250$0$36,426$453,676
SVP, PUBLIC POLICY & GOV. AFFAIRS
Highest compensated employee, 50.00 hrs/week
$354,002$0$84,311$438,313
SVP, GENERAL COUNSEL & SECRETARY
Officer, 50.00 hrs/week
$324,479$0$48,895$373,374

107 people received more than $100,000 in reportable compensation from United Negro College Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$159M$184M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$159M$184M78.7%$836M$1,423,381
FY2024 ⓘ$251M$195M83.4%$849M$984,285
FY2023 ⓘ$361M$171M85.1%$772M$994,390
FY2022 ⓘ$223M$193M87.6%$593M$1,149,543
FY2021 ⓘ$224M$175M88.5%$562M$1,169,606
FY2020 ⓘ$91M$161M87.4%$479M$816,415

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b31 · 31 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5360
  • Volunteers Part I, line 62,755

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
RR DONNELLEY & SONS CO
Mgmt consultants
$3,888,980
STRADA COLLABORATIVE INC DBA INSIDE TRAC
Educational coaching
$1,693,709
BLUE STATE DIGITAL
Mgmt consultants
$1,329,107
BLACKBAUD
Software provider
$667,553
COMMUNITY COUNSELLING
Campaign consultant
$662,462

Individuals listed as contractors are left out. 49 contractors were paid more than $100,000 in all.

Private foundation grants it received

239 private foundations reported grants to United Negro College Fund totaling $78M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from United Negro College Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for United Negro College Fund, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in District of Columbia

Questions people ask

How much of United Negro College Fund's spending goes to programs?

In the fiscal year ending March 31, 2025, United Negro College Fund reported that 78.7% of its $183.5 million in expenses went to program services, 8.6% to management and general and 12.7% to fundraising (Form 990, Part IX).

How much does United Negro College Fund pay its top executive?

The largest total compensation United Negro College Fund reported for one person in the fiscal year ending March 31, 2025 was $1,423,381, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does United Negro College Fund get its money?

Of $158.9 million in revenue in the fiscal year ending March 31, 2025, 84.8% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is United Negro College Fund a registered charity?

The IRS lists EIN 13-1624241 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202600379349300125 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202433549349300843 · read the filing
  • FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202313469349300741 · read the filing
  • FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202330129349301703 · read the filing
  • FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202240199349301314 · read the filing
  • FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202033429349301208 · read the filing

All filings for EIN 13-1624241: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.