Latest news with #TMCF
Miami Herald
24-04-2025
- Business
- Miami Herald
Trump issues new executive order on HBCUs
On April 23, 2025, President Donald Trump signed an executive order reestablishing the White House Initiative to Promote Excellence and Innovation at Historically Black Colleges and Universities (HBCUs). This move underscores Trump's commitment to enhancing the role of HBCUs in American higher education and economic executive order aims to strengthen HBCUs by increasing private-sector and philanthropic support, improving infrastructure, and enhancing workforce readiness among HBCU students. It establishes a White House Initiative on HBCUs, led by an Executive Director, to expand their capacity to deliver high-quality education, build partnerships, and provide students with professional development opportunities in key industries.A significant component of the order is the formation of the President's Board of Advisors on HBCUs, housed within the Department of Education. This board will include leaders from various sectors, including philanthropy, education, business, and current HBCU presidents, to guide the administration's efforts in supporting these institutions. The initiative also focuses on addressing barriers that HBCUs face in accessing federal and state funding, improving their competitiveness for research and development grants, and fostering public-private partnerships to promote centers of academic research and program excellence. Additionally, it encourages states to meet their obligations by matching federal funds appropriated to 1890 Land Grant HBCUs, marking the first time this issue has been highlighted in an executive Thurgood Marshall College Fund (TMCF) expressed appreciation for the executive order, stating that it reaffirms President Trump's support for investment in HBCUs. TMCF President & CEO Dr. Harry L. Williams emphasized that the order should serve as a call-to-action for corporations, foundations, and lawmakers to support HBCUs and their executive order builds upon previous actions taken by the Trump administration to support HBCUs, including securing permanent annual funding through the FUTURE Act and relocating the Federal HBCU Initiative to the White House for direct reestablishing the White House Initiative on HBCUs, President Trump aims to elevate these institutions as beacons of educational excellence and economic opportunity, ensuring they continue to play a vital role in cultivating leaders across various sectors. The post Trump issues new executive order on HBCUs appeared first on HBCU Gameday. Copyright HBCU Gameday 2012-2025
Business Upturn
24-04-2025
- Business
- Business Upturn
TMCF thanks President Trump for reaffirming his commitment to HBCUs in executive order
By GlobeNewswire Published on April 24, 2025, 05:51 IST Washington, D.C., April 23, 2025 (GLOBE NEWSWIRE) — Officials at the Thurgood Marshall College Fund (TMCF) extend appreciation to President Trump for signing an executive order reestablishing the White House Initiative to Promote Excellence and Innovation at Historically Black Colleges and Universities (White House Initiative) and reinforcing key TMCF policy priorities for the HBCU community. 'Today's executive order serves as strong reaffirmation of President Trump's support of investment of historically Black colleges and universities,' said TMCF President & CEO Dr. Harry L. Williams . 'This executive order should serve as a call-to-action for corporations, foundations, members of Congress and state lawmakers to redouble their efforts to support HBCUs and their students. TMCF looks forward to continued engagement with the administration and Congress to deliver results for HBCUs and the students they serve via appropriations and other legislative actions.' Following the signing of the executive order today, U.S. Secretary of Education Linda McMahon said, 'The White House initiative highlighted today reinforces President Trump's commitment to supporting and elevating America's HBCUs. The Department will work with the initiative and HBCUs to expand partnerships and share best practices for institutions to become hubs of opportunity and economic engines for local industries and employers. I am eager to elevate and support America's HBCUs, including in my role on the President's Board of Advisors for the White House Initiative on HBCUs.' In addition to reestablishing the White House Initiative, this executive order encourages states to meet their obligations by matching federal funds appropriated to 1890 Land Grant HBCUs, marking the first time this issue has been highlighted in an executive order. Additionally, today's executive order explicitly encourages private and philanthropic investment into HBCUs and their students. Today's signing also moves the White House Initiative back to the White House, where its reporting lines resided during the first Trump administration. 'The TMCF government relations team has worked closely with the White House to advocate for the inclusion of our policy priorities in the executive order over the past three months and we are very pleased that many of our priorities are reflected in the final version of the document promulgated today,' Dr. Williams said. About Thurgood Marshall College Fund Established in 1987, Thurgood Marshall College Fund (TMCF) is the nation's largest organization exclusively representing the Black college community. TMCF member schools include the publicly supported historically Black colleges and universities, predominantly Black institutions and historically Black community colleges, enrolling nearly 80% of all students attending Black colleges and universities. Through scholarships, capacity building and research initiatives, innovative programs and strategic partnerships, TMCF is a vital resource in the K-12 and higher education space. The organization is also the source of top employers seeking top talent for competitive internships and good jobs. TMCF is a 501(c)(3) tax-exempt, charitable organization. For more information about TMCF, visit . Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Associated Press
21-03-2025
- Business
- Associated Press
Dr. N. Joyce Payne Research Center presented financial well-being preliminary findings
Washington, D.C., March 21, 2025 (GLOBE NEWSWIRE) -- Preliminary findings from a financial well-being survey were presented by the Dr. N. Joyce Payne Research Center (Payne Center) during the Thurgood Marshall College Fund (TMCF) DevCon Potomac | 25 conference just outside of Washington, D.C. The Payne Center partnered with the Savings Collaborative to conduct a financial well-being survey to learn more about the financial behaviors, challenges and aspirations of students of historically Black colleges and universities (HBCUs). Students who participated in the survey were enrolled at TMCF member schools. Dr. Barbara Freeman, founder and CEO of the Savings Collaborative, facilitated a session at DevCon and released a one-page research summary. The goal of the survey is to better equip HBCU students to enhance their financial capabilities, support long-term financial goals and help them achieve generational wealth. The full report will be released on April 23 at Virginia State University, a TMCF member institution. A panel of HBCU students will discuss strategies for building generational wealth and effective methods to help college students manage their finances based on the report's findings. 'The survey was designed to gain insights into how the students manage their finances, their financial goals and identify areas where they need support to better align their actions with their financial aspirations,' Dr. M.C. Brown II, executive director and research scientist at the Payne Center, said. 'We're excited to unveil our preliminary findings and help students identify next steps to achieve their financial goals.' About Thurgood Marshall College Fund Established in 1987, Thurgood Marshall College Fund (TMCF) is the nation's largest organization exclusively representing the Black college community. TMCF member schools include the publicly supported historically Black colleges and universities, predominantly Black institutions and historically Black community colleges, enrolling nearly 80% of all students attending Black colleges and universities. Through scholarships, capacity building and research initiatives, innovative programs and strategic partnerships, TMCF is a vital resource in the K-12 and higher education space. The organization is also the source of top employers seeking top talent for competitive internships and good jobs. TMCF is a 501(c)(3) tax-exempt, charitable organization. For more information about TMCF, visit
