Boeing reaffirms commitment to HBCUs with $8 million investment through Thurgood Marshall College Fund

June 23, 2022
  • Multi-year partnership will support student initiatives including talent sourcing,
    career and leadership development, and scholarships through 2026
  • Builds on a previous $6 million strategic investment made in 2018

Arlington – June 17, 2022 – Today, Boeing (NYSE: BA) and the Thurgood Marshall College
Fund (TMCF) announced a new $8 million, multi-year partnership to support the development
of future technical talent. The Boeing l TMCF partnership renewal will support campus
recruitment initiatives, career immersion activities, TMCF Leadership Institute programming
and student scholarships at Historically Black Colleges and Universities (HBCUs) through
2026.

“Our company’s success and our ability to innovate for our customers is driven by how we
work together and live our values,” said Ted Colbert, president and CEO of Boeing Defense,
Space & Security. “That includes prioritizing equity, diversity and inclusion, which is vital to
achieving better business outcomes. Strategic partnerships, like those with HBCUs and the
Thurgood Marshall College Fund, help create a space where students can flourish – and they
establish a talent pipeline that is vital to future innovation across the aerospace industry and
here at Boeing.”

Building on a previous $6 million strategic investment made in 2018, the partnership will
expand to include a new fast-track hiring program that will supply technical talent for open
positions at Boeing locations in close geographic proximity to HBCUs.
“We are thrilled to continue our ground-breaking partnership with Boeing,” said Dr. Harry
Williams, president & CEO of the Thurgood Marshall College Fund (TMCF). “The Boeing l
TMCF HBCU investment represents what we deem as best practice for companies who are
committed to DEI. Through this partnership, Boeing has made a deep and long-term
commitment to HBCUs and the talented students that attend them. We’re excited about the
continued success of the collaboration.”

Since establishing the award-winning Boeing l TMCF partnership, Boeing has quadrupled
intern hiring through priority partner HBCUs and extended the company’s reach to more than
6,800 HBCU students. The partnership has been key to addressing Boeing’s racial equity
commitments and improving the representation of Black talent at the company.  The partnership                                                                           supports Boeing’s racial equity commitments and goal to improve the representation of                                                                                                  Black talent at the company.

“The Boeing l TMCF Scholar Program has been nothing short of amazing. It gave me the
reassurance and confidence to continue to reach for the stars,” said Jaida West, a member of
the Boeing l TMCF Inaugural Cohort. “The Boeing and TMCF Teams have poured into me
over the past two years, aiding my professional and personal development.”

TMCF university partners receiving support from Boeing include the following:

  • Alabama A&M University
  • Clark Atlanta University
  • Florida A&M University
  • Howard University
  • Morehouse College
  • Morgan State University
  • North Carolina A&T State University
  • Prairie View A&M University
  • South Carolina State University
  • Southern University and A&M College
  • Spelman College
  • Tennessee State University
  • Tuskegee University

To date, TMCF has awarded more than $500 million in assistance to HBCUs. In addition to
scholarships, TMCF provides programmatic, capacity building, public policy and advocacy
support for the 47 TMCF member schools and the nearly 300,000 students who attend them.

About The Boeing Company
As a leading global aerospace company, Boeing develops, manufactures and services
commercial airplanes, defense products and space systems for customers in more than 150
countries. As a top U.S. exporter, the company leverages the talents of a global supplier base
to advance economic opportunity, sustainability and community impact. Boeing’s diverse team
is committed to innovating for the future and living the company’s core values of safety, quality
and integrity. Learn more at www.boeing.com.

About 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 (HBCUs) and
Predominantly Black Institutions (PBIs). Publicly-supported HBCUs enroll over 80% of all
students attending HBCUs. 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 a source for top employers seeking top talent
for competitive internships and good jobs.

Contacts
Jason Capeheart
Boeing Communications
Phone: +1 703-209-5560
Jason.S.Capeheart@Boeing.com

Andrea Horton
TMCF Communications
Phone: +1 202-888-1648
Andrea.Horton@tmcf.org

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