Mission
The United Negro College Fund (UNCF) is the nation’s largest and most effective minority education organization. Established in 1944, it helps students not only attend college but thrive, graduate, and become leaders. The organization provides scholarships, funds for historically Black colleges and universities (HBCUs), and advocates for minority education and community engagement.
Basic Information
Tax-Exempt
Founded in
1944
EIN
13-1624241
Total Assets
$848.8 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 2 of 2 goals
At a Glance
Scholarships
College is more important and expensive than ever. UNCF offers more than 10,000 scholarships and internships through 400 programs to help overcome financial obstacles to obtaining a college education.
Member Colleges
UNCF's 37 member HBCUs provide more than 55,000 students with quality education at tuitions that are on average 26% less than comparable institutions. The organization helps improve outcomes for these schools and students.
Advocacy and Engagement
UNCF advocates for local and federal policies to remove barriers to higher education. They are committed to making college education more accessible and affordable to all American students.
Impact Stats
$83M+
Scholarships awarded annually
$83M+ in scholarships awarded annually
UNCF awards over $83 million in scholarships to more than 7,000 students each year, helping to bridge financial gaps and support academic success.
500,000+
Students with degrees
500,000 Students with college degrees
Since its inception, UNCF has helped more than 500,000 students earn college degrees, significantly increasing minority participation in higher education.
8,000+
Annual graduates
8,000+ Graduates annually
Over 8,000 students graduate annually from UNCF-member colleges and universities, ready to contribute to society with their acquired knowledge and skills.
86%
Funds to support
86% of funds to student support
An impressive 86% of every dollar raised by UNCF goes directly to student support and scholarships, maximizing the impact of donor contributions.
Past Events
2024 UNCF Gala
06/15/2024
Eric Benet performed at the 2024 UNCF “A Mind Is…”® Gala on June 15.
2024 Student Leadership Conference
05/29/2024
The 2024 Annual UNCF Student Leadership Conference began on May 29.
Teacher Appreciation Week
05/01/2024
Teacher Appreciation Week kicked off with a new UNCF study finding that Black parents and caregivers report better outcomes when there are more Black teachers at school.
Impact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
74
70
/100
Program Expense Ratio
85.10%
16
/20
Program Revenue Growth
-56.67%
2
/20
Leverage Ratio
0.09041
20
/20
Working Capital Ratio
4.503
18
/20
Fundraising Efficiency
0.6374
14
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 352.4M | 97.53% |
| Program Services | 100.7K | 0.03% |
| Investment Income | 6.873M | 1.90% |
| Sales of Non-Inventory Assets | 1.969M | 0.54% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 361.4M | 100.00% |
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