Mission:
The Doley Foundation will stay committed to students pursuing a degree in the business and finance fields at the Thurgood Marshall Schools. We are also committed to keeping a diverse board with individuals from various backgrounds so that we may accommodate the needs of all our recipients. We will also make sure that all our proceeds are given to the most qualified candidates.

History of the Foundation:
The Doley Foundation was founded in 2003 by Ambassador Harold Doley. The Foundation was donated at an amount of 5 million dollars. Mr. Doley has a history of giving back to the black community. He has sat on the presidents’ initiative for historically black colleges and universities and was a member of the board of Clark Atlanta University. His involvement is significant, in that he donated Doley securities, one of the oldest African American Investment banks to the Thurgood Marshall College fund. We at the foundation are proud and honored to have a figure of his stature as a supporter of the Doley Foundation. Doley Securities is set up as a 501c3; under this code an entity must contribute 85 percent of its net profit of the company to support a cause. In this case, all of the company’s assets are owned by the Fund and net revenues are donated to the foundation. The securities company is located at 616 Baronne Street, New Orleans Louisiana which is owned by the foundation as well. We as board members are working to increase the revenues of the firm in order to benefit the Thurgood Marshall Scholarship Fund which is dedicated to supporting underprivileged student’s educational needs.

Contributions of The Doley Foundation:

The Doley Foundation was founded in 2003 by
Dec. 2006- Southern University New Orleans-The Doley Foundation funded them with a full legal library of books to be used in their library that was devastated during “Hurricane Katrina”

Prior to that, the Foundation submitted a check in the amount of $25,000.00 to the Texas Southern University for research reports that are comparable to Wall Street Analyst Reports on various oil and gas companies that are publicly traded in Texas, particularly in the Houston area and they have produced these reports and submitted them to financial institutions in the Texas area as well as the public pension funds for the state of Texas and their financial advisors in terms of recommendations on these stocks and they would substantially buy recommendations.

There is a similar type of program at Tulane University Stern Business School. Success rate has been tracked and exceeds Wall Street in their success rate, which we would like to emulate as well at our schools. We have been working with Texas Southern University and Lincoln University in getting their students into internship programs and this is extremely competitive because there are students across the co untry that is competing to work on Wall Street. We have submitted several names from those two universities because there is only one way to get to Wall Street standing up, that is with an internship.

Another commitment that has been made by the Foundation is the Barnes Foundation/Museum in Philadelphia, the control of which was turned over to Lincoln University. They are working with the Governor Rendell. The Barnes, although a museum, is really an educational institution first. We have committed $25,000.00 (that figure will most likely grow) for a Lecture Hall for the Lincoln University students at the new facility to be completed in late 2008 or 2009.

We have also contracted with an African-American sculptor to design a sculptor dedicated to people of color that have worked and contributed to20New Orleans and to Louisiana. Music, literature, culinary arts, etc. at St. Louis Cemetery No. 1. This is going through the Foundation.