Waldo and Margaret Falkener were descendents from a well-established African-American family based in Greensboro (Guildford Co.), North Carolina. The Falkener family was involved in the Ohio abolitionist and underground railroad movements during the Civil War. Through the late nineteenth and twentieth centuries, they were active lawyers, teachers, and community leaders.

Waldo C. Falkener, a black civil rights activist in Greensboro, first began lobbying the city for equal rights in the 1940s. His demand for African Americans to have access to Greensboro's public golf courses led to the city's closing the courses in 1949. Falkener was elected to the Greensboro City Council in 1959, and was the only black member of the Greensboro City Council during the 1960 Woolworth's lunch counter sit-ins. While on the council, Falkener pursued better roads, public utilities, recreational facilities, and more public employment. After his second term, Falkener worked as a bail bondsmen and real estate developer. He died in 1992 at age 89.

His wife, Margaret Evelyn Evans Falkener, was born in 1919 to Robert and Lillie Evans of Salisbury, North Carolina. She attended Talladega College in Alabama, graduating in 1940. Margaret and Waldo married on January 23, 1942, and eventually had three children. Along with her husband, Margaret was also politically active in the Democratic Party, and was a member of numerous civic groups in Greensboro, including the AKA Sorority, Greensboro United Way, Greensboro Girl Scouts, Jack and Jill of America, Inc, and The Girlfriends. Margaret Falkener died in 2004.

Waldo Falkener's parents were active community members in central North Carolina. His mother, Margaret Mitchell Falkener, was born in 1870 in Oberlin, Ohio. She attended Oberlin College, moved to North Carolina to teach, and married Henry Hall Falkener in 1892. Henry Falkener was born in Warren City and attended Shaw University in Raleigh, North Carolina. He was a schoolteacher in the 1880s. He was elected to the North Carolina State Senate and served from January to March 1889 as a representative of Warren County. Following his term, a new North Carolina law requiring a poll tax and literacy test for all voters went into effect, essentially ending the black vote and any chance for his re-election. (It was 80 years before another black representative was elected to North Carolina's state government.) After 1889, he worked at the newly established A&M College for the Colored Race (now North Carolina A&T) as a bursar, librarian, and English professor. Meanwhile, Margaret Mitchell Falkener founded the music department at A&M College in 1894, where she taught piano. She later became the first woman supervisor of Guilford County's black schools. Margaret was an organizing member of Unified Institutional Baptist Church, a founder of the county's first black garden club, and was a member of the Federation of Colored Women's Clubs of North Carolina. They had five sons, including Waldo.

Margaret Mitchell Falkener's younger brother, George Henry Mitchell, was born in Washington, D.C., in 1875, and grew up in Chattanooga, Tennessee. He attended Shaw University for a Bachelor of Laws in 1899, and then went to University of New York for his Master of Laws. He was admitted to the North Carolina bar in 1900, and moved to Greensboro in 1902. George Henry Mitchell was the first black attorney in Greensboro, and became the first president of the North Carolina Negro Bar Association. Along with his law career, Falkener was a real estate developer and published a weekly paper, , with William Windsor. He married his first wife, Maude M. Wood, in 1903; they had one son, George Junior. Maude died in 1907. George Mitchell later married Lucy C. Smith, of Chattanooga, and they had five children.

Margaret and George Mitchell's father, George W. Mitchell, was a professor of Latin and Greek at Howard University. He also practiced law. Their mother, Alvira Scott, was the daughter of abolitionist John H. Scott, of Oberlin, Ohio. Scott was active in Oberlin's anti-slavery movement, and at one point had led a protest at a jail to free 15 of Oberlin's black residents who had been called before the U.S. District Court to answer charges of infringment of Fugitive Slave Laws. He also attended Oberlin College.