THURGOOD MARSHALL COLLEGE FUND APPLAUDS CONGRESS AND PRESIDENT TRUMP FOR INCLUDING HBCU RELIEF IN CORONAVIRUS AID, RELIEF, and ECONOMIC SECURITY(CARES) ACT

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THURGOOD MARSHALL COLLEGE FUND APPLAUDS CONGRESS AND PRESIDENT TRUMP FOR INCLUDING HBCU RELIEF IN CORONAVIRUS AID, RELIEF, and ECONOMIC SECURITY(CARES) ACT

FOR IMMEDIATE RELEASE

TMCF will continue to work with the Department of Education to get the supplemental funding to schools quickly

WASHINGTON, DC (March 26, 2020) – The Thurgood Marshall College Fund (TMCF) applauds both chambers of Congress and President Trump for acting in a strong, bi-partisan fashion and enacting the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act will provide $1.05 Billion in much needed relief to HBCUs, PBIs and other MSIs who have experienced considerable financial hardship as a consequence of the Coronavirus outbreak and its aftermath.

We particularly extend our appreciation to Senator Cory Booker (D-NJ), Senator Doug Jones (D-AL), and Senator Tim Scott (R-SC), Bi-Partisan HBCU Caucus Founder and Co-Chair, Congresswoman Alma Adams (D-NC), Congressional Black Caucus Chairwoman, Congresswoman Karen Bass and many other champions from both sides of the aisle who listened to and took recognition of the unique challenges facing our schools and their students, and responded by making specific funding for HBCUs, PBIs and MSIs a priority in the drafting of the CARES Act.

“The CARES Act would not have included critical funding for our most vulnerable students and higher education institutions without the collective advocacy efforts of the entire HBCU and MSI community. Our unified effort of persistent advocacy to lawmakers regarding the challenges our schools have encountered in responding to the Coronavirus made the difference in getting this critically-needed financial relief to our schools,” said Harry L. Williams, TMCF president & CEO.

TMCF now looks forward to working with the Department of Education to get the much-needed emergency funding to our schools as quickly as possible.

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About the Thurgood Marshall College Fund (TMCF)

Established in 1987, the 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 and Predominantly Black Institutions, 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: www.tmcf.org.

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Hennessy and the Thurgood Marshall College Fund expand the reach of the Hennessy Fellows program to all HBCU graduates, addressing critical needs of TMCF’s member HBCUs and their students.

Hennessy Fellows is an unprecedented $10M initiative for HBCU grad students, designed to equip the next generation of diverse C-suite leaders through financial assistance, access and experiences.

  • DJ D-Nice’s #ShowMeYourWalk HBCU Grad Partywill kick off at 9pm ET on Instagram Live for viewers aged 21+.
  • Members of the Hennessy family, including Nas and A$AP Ferg, will partake in the virtual celebration.
  • In addition to highlighting graduates and their institutions, the #ShowMeYourWalk HBCU Grad Partywill raise funds for participating HBCUs and their students.
  • Comprised of eight graduate students, each prepared to enter the workforce no matter what it holds.
  • Hennessy & TMCF also welcome a second cohort of Fellows: ten high-achieving, high-potential students representing Clark Atlanta University, Howard, Morgan State, Southern and Florida A&M Universities.
  • Applications for the third class of Hennessy Fellows will open starting August 2020.
  • Launching in June, the learning resource will be available to Hennessy Fellows and all HBCU students aged 21+.
  • Designed specifically for diverse candidates, the platform pulls back the curtain to C-Suite leaders, offering transparent insights and resources to help students navigate corporate America.
  • Access can be found via the Hennessy Fellows page at TMCF.org.