I find it somewhat funny because I'm not an Angry White Man and have a sense of humor. Only somewhat because it's a rather stupid joke, and the art design is clearly lacking.
But it is a prime example of reverse racism and what is considered OK to make fun of and what isn't.
If I was an Angry White Man I'd go all Al Sharpton over this.
More prejudice than racist...most people confuse these terms.
Personally, I think it's funny as hell but agree with Jekelish's comments above. Similarly, imagine the out roar if we watched TV commercials for the "United Caucasian College Fund".