UNCF Gray's Way
Black Issues in Higher Education, Sept 30, 1999 by Ronald Roach
But he adds that "the emphasis is on the wrong end of the educational spectrum. I would rather see the support go to the improvement of primary and secondary math and science education of minority students. Too many African American and Hispanic students are not getting the preparation they need to pursue math and science education at the college level."
Impressive Growth
Though the Gates pledge brought a fresh round of media glare to the UNCF, with front-page stories in national newspapers and spots on all three major network news shows, the organization has sought high visibility since it was founded in 1944 by then Tuskegee Institute President Dr. Frederick D. Patterson.
Yet the 1990s have represented a decade of phenomenal growth for The College Fund. Perhaps most significant has been the organization's expanded fund raising and program administration activities.
The College Fund's most recent capital campaign drive, Campaign 2000, yielded $280 million over nearly five years -- the largest amount ever raised by a consortium of historically Black institutions.
In addition, the Indianapolis-based Lilly Endowment last year gave the UNCF a $42 million grant to help member colleges with capital needs, student scholarship money, faculty training and curriculum development. The award stunned the American higher education community because, at the time, it represented the largest single grant the foundation had awarded to any educational group.
"Forty million dollars is an attention getter," says Dr. Humphrey Doermann, former president of the Minnesota-based Bush Foundation, a leading provider of funds for higher education initiatives. Doermann is co-author of a forthcoming book on Black private colleges.
"UNCF has been at the center of the strongest network of any group of private colleges in the country," Doermann says, adding the cooperation within that network even surpasses that of Ivy League schools and the Midwestern private college networks.
Levine notes that a little less than two decades ago, many higher education experts feared that private Black colleges might become extinct, much like private women's colleges and universities.
"Bill Gray and the UNCF have managed to improve the climate dramatically and make Black colleges much more visible and more attractive to students because of the money he has been able to raise.
"There is a lot of money out there today. In fact, this country is awash in money right now because of the emerging economy and Wall Street," he says. "Bill Gray makes an attractive target for some of that giving because of his background. Here's a guy who headed the House budget committee.
"So he comes through not just as another academic asking for money -- but as someone who has experience in the world of finance, government and business," Levine says.
In addition to funds raised in support of its members' basic needs, the UNCF under Gray's leadership has raised impressive sums to fund designated programs -- known in the philanthropic community as "restricted gifts" or "restricted funds."
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Reference Articles
- A Maryland state trooper gave Erik Bonstrom an $80 ticket for driving too slowly
- In California, postal worker Dean Hudson has been found guilty
- Alec Loorz, the 15-year-old founder of Kids vs. Global Warming and recent Brower Youth Award recipient, went to Congress in November for a press conference with Senators Barbara Boxer and John Kerry, who are championing legislation to stabilize US greenho
- Foreign exchange
- The buzz on bees
Most Recent Reference Publications
Most Popular Reference Articles
- Credit card debt on college campuses: causes, consequences, and solutions
- 9 questions to ask your new lover: what you were afraid to ask, but always wanted to know
- How Tyler Perry rose from homelessness to a $5 million mansion
- Rejoice anyway - Zephaniah 3:14-20, Philippians 4:4-7 - Living by the Word - Column
- Living by the word



