2024-05-14T14:27:04-05:00 2023-06-30 831819454 VRAKAS ADVISORS LLC 6309 60TH STREET SUITE 200 KENOSHA WI 53144 990 2022-07-01 391341603 MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC MILW 4142977687 700 W STATE STREET NO S214 MILWAUKEE WI 53233 MATTHEW PARTRIDGE TREASURER 4142977687 2024-05-07 1 MATTHEW PARTRIDGE 999009999 1 PETER J SINSKY P00031015 2627970400 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHANTEL BYRD 700 W STATE STREET NO S214 MILWAUKEE WI 53233 22306468 0 X WWW.MATC.EDU/FOUNDATION X 1979 WI SUPPORT MILWAUKEE AREA TECHNICAL COLLEGE BY RAISING FUNDS FOR SCHOLARSHIPS/PROGRAM SUPPORT. 17 17 0 25 0 0 17075131 14559282 0 0 1188773 766645 28838 45575 18292742 15371502 9072434 11835338 0 0 0 0 0 0 204267 435052 780348 9507486 12615686 8785256 2755816 33356211 38530809 334235 475980 33021976 38054829 THE MATC FOUNDATION SUPPORTS STUDENT SUCCESS AND ENHANCES LEARNING BY ENGAGING THOSE WHO ARE PASSIONATE ABOUT THE COLLEGE AND THE COMMUNITY IT BENEFITS. 0 0 7118896 7118896 THE FOUNDATION ADMINISTERED $7,286,803 IN CONTRIBUTIONS FOR MILWAUKEE PBS (FORMERLY MILWAUKEE PUBLIC TELEVISION) AND AWARDED $7,118,896 IN PROGRAM SUPPORT. MILWAUKEE PBS IS OWNED AND OPERATED BY MILWAUKEE AREA TECHNICAL COLLEGE (MATC). 1797171 1797171 45575 THE FOUNDATION PROVIDED $1,773,541 IN DIRECT PROGRAM SUPPORT TO MATC, INCLUDING SUPPORT FOR THE MATC DRIVE (FORMERLY REV UP)/ AL HURVIS PEAK TRANSPORTATION CENTER, THE EXPANSION OF THE REGISTERED NURSING PROGRAM, AND A PROGRAM THAT COVERED THE FEES FOR BOARD/LICENSE EXAM FEES FOR RECENT GRADUATES OF MATC'S HEALTHCARE PROGRAMS. IN ADDITION, THE FOUNDATION SERVED AS THE CONDUIT FOR $23,630 OF IN-KIND DONATIONS OF MATERIALS AND EQUIPMENT FOR MATC'S PROGRAMS. 2982988 2919271 THE FOUNDATION AWARDED $2,919,271 IN SCHOLARSHIPS AND EMERGENCY GRANT ASSISTENCE TO STUDENTS, INCLUDING $540,245 TO 505 PROMISE STUDENTS. 11899055 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 17 17 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X X JASON FLANDERS 4142977997 700 WEST STATE STREET S214 MILWAUKEE WI 53233 CHANTEL BYRD PRESIDENT 2.00 X X 0 0 0 JULIANNA EBERT VICE PRESIDENT 1.00 X X 0 0 0 DAVE MEGNA VICE PRESIDENT 1.00 X X 0 0 0 MATTHEW PARTRIDGE TREASURER 1.00 X X 0 0 0 JAMIE BERGER SECRETARY 1.00 X X 0 0 0 DEBORAH ALLEN DIRECTOR 0.50 X 0 0 0 KAMAL BANSAL DIRECTOR 0.50 X 0 0 0 CARLO CERVANTES DIRECTOR 0.50 X 0 0 0 JIM COSCO DIRECTOR 0.50 X 0 0 0 MONA FOWLER DIRECTOR 0.50 X 0 0 0 EUGENE GILCHRIST DIRECTOR 0.50 X 0 0 0 VIOLA HAWKINS DIRECTOR 0.50 X 0 0 0 JAIME HURTADO DIRECTOR 0.50 X 0 0 0 SUSAN LUBAR DIRECTOR 0.50 X 0 0 0 TRACY LUBER DIRECTOR 0.50 X 0 0 0 EMILY PHILLIPS DIRECTOR 0.50 X 0 0 0 DAYLA RANDOLPH DIRECTOR 0.50 X 0 0 0 TIMOTHY SMITH DIRECTOR 0.50 X 0 0 0 VICKI MARTIN DIRECTOR 0.50 X 0 0 0 ERICA CASE DIRECTOR 0.50 X 0 0 0 LAURA BRAY EXECUTIVE DIRECTOR 15.00 25.00 X 0 182058 45429 JASON FLANDERS OPERATIONS DIRECTOR 19.00 X 0 106164 28655 0 288222 74084 0 0 1 0 0 14559282 64447 14559282 943097 943097 6758514 6934966 -176452 -176452 -176452 EVENT INCOME 611310 45575 45575 45575 15371502 45575 0 766645 8916067 8916067 2919271 2919271 111904 111904 79352 79352 183931 37338 64376 82217 4654 4654 49779 49779 37142 3905 33237 28000 7000 7000 14000 5510 1560 3950 10258 10258 ADMINISTRATIVE ENDOWMEN 173384 173384 FUNDRAISING AND DEVELOP 65566 65566 DUES AND SUBSCRIPTIONS 3802 3802 27066 17819 9247 12615686 11899055 512364 204267 1465803 805523 42447 544967 1573774 1349026 52461 55987 30221726 35775306 33356211 38530809 334235 475980 334235 475980 X 1024843 1614801 31997133 36440028 33021976 38054829 33356211 38530809 2755816 2277037 0 X 0 1 X 1 0 X 8481271 10266215 12665033 17075131 14559327 63046977 8481271 10266215 12665033 17075131 14559327 63046977 63046977 763940 615998 640820 944364 943097 3908219 1070 46485 12215 28838 45575 134183 67089379 0.93970 0.92630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15761236 77339 1705474 1003834 89681 16450534 16754167 3319800 -2449220 1777188 86323 15761236 13332675 1832711 3944601 2274880 80940 16754167 12197410 2906987 308227 2032706 47243 13332675 11380695 1233587 669545 1041114 45303 12197410 0.73475 0.26525 0 0 0 17977817 2277037 408630 2685667 15292150 79352 79352 15371502 12944964 408630 408630 12536334 79352 79352 12615686 PART V, LINE 4: THE ENDOWMENT CONSISTS OF 78 INDIVIDUAL FUNDS ESTABLISHED BY DONORS TO PROVIDE ANNUAL FUNDING FOR SPECIFIC ACTIVITIES AND GENERAL OPERATIONS. THE ENDOWMENT ALSO INCLUDES CERTAIN NET ASSETS THAT HAVE BEEN DESIGNED FOR ENDOWMENT BY THE BOARD OF DIRECTORS TO BENEFIT THE MPBS. 1 MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 GOVERNMENT 1772637 23630 FMV MATERIALS AND EQUIPMENT FOR EDUCATIONAL AND RELATED NEEDS - EQUIPMENT AND MATERIALS; PAYMENT OF PROGRAM INVOICES DIRECTLY MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 GOVERNMENT 7119641 0 MILWAUKEE PBS OPERATING EXPENSES - PAYMENT OF MILWAUKEE PBS INVOICES DIRECTLY TO VENDORS 1 SCHOLARSHIPS AND EMERGENCY ASSISTANCE GRANTS 2404 2919271 0 PART I, LINE 2: THE MATC FOUNDATION (THE FOUNDATION) OPERATES AND MAINTAINS A COMPREHENSIVE RANGE OF FUNDS THAT HAVE BEEN ESTABLISHED TO SUPPORT THE EDUCATIONAL AND STRATEGIC GOALS OF THE MILWAUKEE AREA TECHNICAL COLLEGE (MATC) AND ITS STUDENTS. THE FOUNDATION AWARDS A WIDE RANGE OF SCHOLARSHIPS TO STUDENTS ATTENDING MATC. ADDITIONALLY, THE FOUNDATION PROVIDES INSTITUTIONAL GRANTS THAT SUPPORT THE COLLEGE. SCHOLARSHIPS AND GRANTS ARE AWARDED BASED ON MEETING QUALIFYING CRITERIA. SCHOLARSHIPS ARE PAID DIRECTLY TO MATC AND ARE APPLIED TO STUDENTS' ACCOUNTS. OTHER EMERGENCY STUDENT ASSISTANCE GRANTS ARE PAID TO THIRD-PARTIES WHENEVER POSSIBLE. PROGRAM SUPPORT IS PAID TO MATC VIA AN INVOICE PROCESS. PART II, LINE 1, COLUMN (H): NAME OF ORGANIZATION OR GOVERNMENT: MILWAUKEE AREA TECHNICAL COLLEGE (H) PURPOSE OF GRANT OR ASSISTANCE: FOR EDUCTIONAL AND RELATED NEEDS - EQUIPMENT AND MATERIALS; PAYMENT OF PROGRAM INVOICES DIRECTLY TO VENDORS 0 0 0 0 0 0 0 0 0 LAURA BRAY EXECUTIVE DIRECTOR 0 182058 0 0 0 0 0 12119 0 33310 0 227487 0 0 X 37 45817 SALES PROCEEDS X HAMMOND ORGAN 1 8000 FMV X MIYO KITS 2 7930 FMV X MILLING PROJECTS 1 2700 FMV 0 1 1 PART I, COLUMN (B): NUMBER OF CONTRIBUTORS LISTED. PART I, LINE 32B: THE FOUNDATION USES A THIRD PARTY VENDOR TO ACCEPT, PROCESS AND SELL ALL DONATED VEHICLES FOR SUPPORT OF MILWAUKEE PBS FORM 990, PART VI, SECTION A, LINE 7A THE CHAIRPERSON OF THE MATC DISTRICT BOARD OF DIRECTORS APPOINTS ONE OF ITS DIRECTORS TO SERVE AS A NON-VOTING MEMBER OF THE MATC FOUNDATION'S BOARD OF DIRECTORS. IN ADDITION, THE PRESIDENT OF MATC IS HIRED BY AND REPORTS TO THE DISTRICT BOARD AND SERVES AS A NON-VOTING MEMBER OF THE MATC FOUNDATION'S BOARD OF DIRECTORS. THE FOUNDATION'S BYLAWS REFLECT THESE PRACTICES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWD BY THE EXECUTIVE DIRECTOR AND OPERATIONS DIRECTOR, AND SENT TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND EXECUTIVE DIRECTOR ANNUALLY DISCLOSE POTENTIAL CONFLICTS TO THE BOARD VIA A PRINTED FORM. THE EXECUTIVE COMMITTEE REVIEWS ANY DISCLOSED CONFLICTS OF INTEREST AND DETERMINES APPROPRIATE COURSE OF ACTION OR IF NO ACTION IS NEEDED. ALL OTHER FOUNDATION STAFF ALSO ANNUALLY DISCLOSE POTENTIAL CONFLICTS OF INTEREST, WHICH ARE REVIEWED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR COMPENSATION - THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF MATC (RELATED ORGANIZATION), WHICH IS RESPONSIBLE FOR COMPENSATION AND CONDUCTING ANNUAL PERFORMANCE REVIEWS. COMPENSATION IS BASED ON A COMPREHENSIVE PROCESS CONDUCTED BY MATC'S HUMAN RESOURCES DEPARTMENT AND INCLUDES COMPARATIVE DATA. KEY EMPLOYEES COMPENSATION - OTHER KEY EMPLOYEE(S) ARE EMPLOYEES OF MATC (RELATED ORGANIZATION), WHICH IS RESPONSIBLE FOR COMPENSATION AND CONDUCTING ANNUAL PERFORMANCE REVIEWS. COMPENSATION IS BASED ON A COMPREHENSIVE PROCESS CONDUCTED BY MATC'S HUMAN RESOURCES DEPARTMENT AND INCLUDES COMPARATIVE DATA. FORM 990, PART VI, SECTION C, LINE 19 MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION, INC MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE MILWAUKEE WI 53233 396003459 EDUCATION WI GOVERNMENTAL UNIT 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0