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Minority Television Project Inc. is a private corporation based in SAN MATEO, CA. The foundation received its IRS ruling in 2019. The principal officer is Booker T Wade. It holds total assets of $109.3M. Annual income is reported at $5.7M. Total assets have grown from $4.2M in 2011 to $109.3M in 2024. The foundation is governed by 11 officers and trustees. Tax records are available from 2015 to 2024. According to available records, Minority Television Project Inc. has made 30 grants totaling $743K, with a median grant of $17K. The foundation has distributed between $365K and $378K annually from 2023 to 2024. Individual grants have ranged from $999 to $134K, with an average award of $25K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in California, Illinois, Ohio, which account for 80% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Minority Television Project Inc. (MTP) defies easy categorization. Founded in 1991 as the owner of KMTP-TV — the San Francisco Bay Area's second African-American owned public television station — MTP has evolved well beyond its broadcasting origins into a multipronged operating organization centered on STEM education. Grant seekers approaching MTP expecting a traditional foundation grantmaking process will find no open RFPs, no organizational application portal, and no grants page. The application_instructions on file read explicitly as 'none.'
MTP's external funding activity flows entirely through the Wade Scholarship Program, which provides full master's-degree support for economically disadvantaged students pursuing graduate engineering degrees at top-tier U.S. universities. All 30 grants documented in IRS filings are individual scholarships paid to or through universities — Stanford, University of Chicago, Ohio State, Carnegie Mellon, Yale, Columbia, Georgia Tech, Virginia Tech, University of Illinois, and others — averaging $24,755 per award with a formal cap of $50,000 per student.
The organization's internal structure has shifted dramatically. Its three FY2024 programs — the Wade Institute of Technology (a new STEM graduate college in formation, $1.37M in expenses), the Wade Scholarship Program ($484,815), and KMTP-TV station operations ($386,669) — reveal an institution that has materially repositioned its priorities. The television station, the source of MTP's name and its original tax-exempt purpose, now accounts for less than 17% of program spending.
First-time applicants must understand that the path to MTP funding is the Wade Scholarship Program exclusively. There is no LOI process, no organizational grant cycle, and no indication of plans to establish one. The scholarship program is governed by Executive Director Booker T. Wade Jr. (a Stanford Law graduate) alongside Board Chair Herb Anderson and Vice Chair Jawara Lumumba. Any communication with MTP should demonstrate explicit alignment with its core thesis: that funding engineering master's degrees for economically disadvantaged individuals drives systemic transformation of the STEM ecosystem — not arts, broadcasting, or organizational capacity.
MTP's giving is exclusively scholarship-based and directed to individual students, not organizations. Based on 30 grants in IRS filings, cumulative scholarship disbursements total $742,639 with an average per-award amount of approximately $24,755. The maximum scholarship is formally capped at $50,000 per student, covering tuition, on-campus housing, food allowance, and instructional supplies across 3.3 semesters or 5 academic quarters.
Annual giving has stabilized in the $360,000–$380,000 range: $364,815 in FY2023 and $377,824 in FY2024. This represents approximately 7.4% of MTP's $5.08M in total FY2024 expenses — a modest outlay relative to its $109.3M asset base. With net investment income of $3.19M in FY2024 and a $75.9M cash and investment pool, MTP has substantial unrealized capacity to expand scholarship volumes if leadership chooses to scale. No signals of an imminent increase in giving rate were found in available sources.
Geographically, the scholarship portfolio skews toward elite national institutions: California accounts for 17 of 30 grants (57%), reflecting Bay Area roots, while Illinois (5), Ohio (2), Pennsylvania (2), New York (1), Connecticut (1), Georgia (1), and Virginia (1) round out the national footprint. The largest single awards have gone to Stanford University ($133,833 for a multi-recipient cohort and $47,903 separately), University of Chicago ($81,751 and $26,414 in separate disbursements), and Ohio State ($64,404 and $41,169). Mid-range awards cluster between $10,000 and $35,000.
Individual scholarship amounts vary because MTP funds actual cost of attendance rather than flat stipends — a Stanford student receives a larger check than an Ohio State student, reflecting real tuition differentials. This explains the wide range from $999 (a supplemental disbursement) to $133,833 (a multi-student Stanford cohort). Critically, no grants to arts organizations, cultural programs, nonprofits, or TV-adjacent entities appear anywhere in the grantee record, despite KMTP's cultural programming mission.
Minority Television Project Inc. occupies an unusual position among Arts & Culture foundations of similar asset scale. Its peer group by size consists primarily of operating foundations — art museums, visual arts collections, and cultural institutions — that, like MTP, deploy their resources largely for internal programs rather than external grantmaking. What distinguishes MTP from all asset-matched peers is its radical programmatic misalignment with its own Arts & Culture classification: every dollar of external giving flows to STEM graduate education, a domain with no apparent connection to its television broadcasting license.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Minority Television Project Inc. | $109.3M | $377,824 | Engineering Scholarships / Public TV (CA) | Scholarship only — no org grants |
| Frederick R Weisman Art Foundation | $109.7M | Not publicly disclosed | Visual Arts (CA) | N/A — operating |
| Nasher Foundation | $111.7M | Not publicly disclosed | Arts & Culture (TX) | N/A — operating |
| American Craftsman Museum Inc. | $112.7M | Not publicly disclosed | Arts & Crafts (FL) | N/A — operating |
| De Pere Cultural Foundation Inc. | $105.4M | Not publicly disclosed | Arts & Culture (WI) | N/A — operating |
| Neue Galerie New York | $116.0M | Not publicly disclosed | European Fine Art (NY) | N/A — operating |
The peer foundations are conventional art-world operating organizations whose assets exist primarily to sustain museum collections and cultural programming. MTP used a television nonprofit vehicle to accumulate $109M in assets — largely through the 2016-2017 FCC spectrum auction payout of $87.8M — and is deploying those assets toward STEM education rather than the cultural programming its classification implies. This organizational idiosyncrasy makes direct comparison of giving ratios, application processes, or programmatic alignment with peer foundations essentially meaningless for grant strategy purposes.
The most significant recent development at MTP is a pair of FCC enforcement actions in 2024. In April, the commission issued a $20,000 Notice of Apparent Liability against KMTP-TV for failure to maintain a compliant local public inspection file. In May 2024, a separate $10,000 NAL followed for apparently violating Section 399B of the Communications Act — specifically, airing paid commercial content on a non-commercial educational license. These actions mirror a 2004 enforcement case in which MTP was fined $10,000 for identical commercial violations, a legal battle that escalated to the U.S. Supreme Court, which declined to hear the case in 2014. The recurrence of compliance issues in 2024 — two decades later — suggests the tension between KMTP's revenue needs and its educational license restrictions remains unresolved.
On the program side, the Wade Scholarship Program remains MTP's most externally visible activity. Applications for Fall 2026 enrollment were open with a hard deadline of February 20, 2026, and awards to be announced May 1, 2026. The Wade Institute of Technology, a new STEM-focused graduate college being organized by MTP at 135 University Avenue in Palo Alto, has emerged as the highest-expense program at $1.37M annually, overtaking both the scholarship program and the television station. This represents MTP's most ambitious programmatic expansion since acquiring KMTP-TV's license in the late 1980s.
No leadership transitions were found in available 2025-2026 sources. Booker T. Wade Jr. continues as Executive Director, Herb Anderson as Board Chair, and Jawara Lumumba as Vice Chair. California AB-488 delinquent status was flagged in available nonprofit registry data.
The Wade Scholarship Program is the only external funding pathway MTP offers. The following guidance is for individual graduate engineering students — not organizations — as no organizational grant application process exists.
Target qualifying universities before applying for the scholarship. Eligibility requires admission to a master's in engineering at a Top 30 graduate engineering program (US News rankings) or an HBCU with an accredited engineering program. Your admission is a prerequisite, not a parallel track. MTP's documented grantee roster spans Stanford, University of Chicago, Ohio State, Carnegie Mellon, Yale, Columbia, Georgia Tech, Virginia Tech, University of Illinois, Cornell, San Jose State, and Foothill College — indicating the program has funded students at a range of institutional selectivity levels.
Document economic disadvantage with specificity. Selection criteria weight economic disadvantage explicitly — based on income, family net worth, and parental educational attainment. First-generation college students from lower-income households are the clearest fit. Vague statements about overcoming adversity are insufficient; be prepared to provide concrete financial documentation.
Structure your personal statement around the four evaluation pillars. The program formally assesses: (1) independence of thought and intellectual curiosity, (2) leadership potential and resilience, (3) civic mindedness and awareness of others, and (4) undergraduate academic achievements and quality of recommendations. Address each pillar explicitly — do not assume reviewers will infer these qualities from a transcript or degree.
Mirror MTP's mission language. The organization frames its scholarship work as 'making transformative changes in the technology ecosystem.' Applications that articulate how a funded engineering degree will enable meaningful contribution — particularly from an underrepresented economic background — resonate with this framing.
Respect the hard deadline. February 20 is absolute for Fall 2026 enrollment, with awards on May 1. Since top engineering programs often require applications in December or January, scholarship and university applications must run in parallel — not in sequence.
Initiate direct contact early. Reach the program at contact@wadescholarship.org or 415-777-3232. No public application portal was confirmed during research; direct outreach to verify the submission process is essential before the deadline.
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Operate an educational entity and college providing master's degrees in engineering.
Expenses: $1.4M
Providing scholarships to those attending american universities for advanced degrees in the engineering field.
Expenses: $485K
Operates a public tv station providing educational, cultural and arts programs to the audiences in the greater san francisco bay area.
Expenses: $387K
MTP's giving is exclusively scholarship-based and directed to individual students, not organizations. Based on 30 grants in IRS filings, cumulative scholarship disbursements total $742,639 with an average per-award amount of approximately $24,755. The maximum scholarship is formally capped at $50,000 per student, covering tuition, on-campus housing, food allowance, and instructional supplies across 3.3 semesters or 5 academic quarters. Annual giving has stabilized in the $360,000–$380,000 range:.
Minority Television Project Inc. has distributed a total of $743K across 30 grants. The median grant size is $17K, with an average of $25K. Individual grants have ranged from $999 to $134K.
Minority Television Project Inc. (MTP) defies easy categorization. Founded in 1991 as the owner of KMTP-TV — the San Francisco Bay Area's second African-American owned public television station — MTP has evolved well beyond its broadcasting origins into a multipronged operating organization centered on STEM education. Grant seekers approaching MTP expecting a traditional foundation grantmaking process will find no open RFPs, no organizational application portal, and no grants page. The applicati.
Minority Television Project Inc. is headquartered in SAN MATEO, CA. While based in CA, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| BOOKER T WADE JR | EXECUTIVE DI | $180K | $696 | $181K |
| YOUNGSU YOO | DIR.SEC.STAT | $150K | $47K | $197K |
| LORNA JONES | DIRECTOR | $120K | $696 | $121K |
| FAN WEN | FINANCIAL OF | $78K | $0 | $78K |
| GWENDOLYN MAY | DIRECTOR | $0 | $0 | N/A |
| MELVINA JONES | DIR. ASSIST | $0 | $0 | N/A |
| BARBARA WADE | DIRECTOR | $0 | $0 | N/A |
| KYLA TALLEY | DIRECTOR | $0 | $0 | N/A |
| HERB ANDERSON | CHAIR AND OF | $0 | $0 | N/A |
| JAWARA LUMUMBA | DIRECTOR AND | $0 | $0 | N/A |
| DARYL HARRIS SR | DIRECTOR | $0 | $0 | N/A |
Total Giving
$378K
Total Assets
$109.3M
Fair Market Value
$110.4M
Net Worth
$71.6M
Grants Paid
$378K
Contributions
N/A
Net Investment Income
$3.2M
Distribution Amount
N/A
Total: $71.9M
Total Grants
30
Total Giving
$743K
Average Grant
$25K
Median Grant
$17K
Unique Recipients
20
Most Common Grant
$2K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| COLUMBIA UNIVERSITYSCHOLARSHIP | NEW YORK, NY | $25K | 2024 |
| THE UNIVERSITY OF CHICAGOSCHOLARSHIP FOR BRUNO FELALAGA | CHICAGO, IL | $82K | 2024 |
| STANFORD UNIVERSITYSCHOLARSHIP-LEWIS, GENTLES, SIBHATU | STANFORD, CA | $48K | 2024 |
| THE OHIO STATE UNIVERSITYSCHOLARSHIP FOR LIDIYA ATSIBEHA | COLUMBUS, OH | $41K | 2024 |
| BEATRICE BORKERSCHOLARSHIP - FOR FOOTHILL COLLEGE | PALO ALTO, CA | $34K | 2024 |
| CAMEGIE MELLON UNIVERSITYSCHOLARSHIP SELAM GANO;N JANGHA | PITTSBURGH, PA | $30K | 2024 |
| YALE UNIVERSITYFOR BINIYAM LOLISO LOMBE | NEW HAVEN, CT | $25K | 2024 |
| UNIVERSITY OF ILLINOISSCHOLARSHIP FOR KOJO VANDY | URBANA, IL | $20K | 2024 |
| VIRGINIA TECHSCHOLARSHIP FOR LWAM AREGAWI HAILE | BLACKSBURG, VA | $19K | 2024 |
| KOJO EGYIR VANDYSCHOLARSHIP-UNIVERSITY OF ILLINOIS | PALO ALTO, CA | $16K | 2024 |
| WILLIAM SANDSSCHOLARSHIP FOR CORNEL UNIVERSITY | PALO ALTO, CA | $12K | 2024 |
| SAN JOSE STATE UNIVERSITYFOR BEATRICE BORKER | SAN JOSE, CA | $10K | 2024 |
| FOOTHILL COLLEGESCHOLARSHIP FOR BEATRICE BORKER | LOS ALTOS HILLS, CA | $10K | 2024 |
| UC REGENTSFOR BEATRICE BORKER | SANTA CRUZ, CA | $2K | 2024 |
| BRUNO FELALAFASCHOLARSHIP -UNIVERSITY OF CHICAGO | CHICAGO, IL | $2K | 2024 |
| BINIYAM LOMBESCHOLARSHIP FOR YALE UNIVERSITY | PALO ALTO, CA | $1K | 2024 |
| LIDIYA BERIHUNSCHOLARSHIP - OHIO STATE UNIVERSITY | PALO ALTO, CA | $999 | 2024 |
| Georgia Institute Of TechSCHOLARSHIP FOR JONATHAN RHONE | Atlanta, GA | $45K | 2023 |
| Johnathan RhoneSCHOLARSHIP - GA INST TECH | Palo Alto, CA | $10K | 2023 |
| Mahilet AdemSCHOLARSHIP- STANFORD UNIVERSITY | Palo Alto, CA | $2K | 2023 |