2022-06-10T11:19:40-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 1660 OSHKOSH AVE SUITE 200 OSHKOSH WI 54902 990 2020-07-01 391341603 MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC MILW 4142977687 700 WEST STATE STREET NO S214 MILWAUKEE WI 532331443 MATTHEW PARTRIDGE TREASURER 4142977687 2022-06-02 1 MATTHEW PARTRIDGE 999009999 SARAH HOFKENS P01297845 9202315890 2022-06-01 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JULIANNA EBERT 700 WEST STATE STREET NO S214 MILWAUKEE WI 532331443 15619810 0 X WWW.MATC.EDU/FOUNDATION X 1979 WI SUPPORT MILWAUKEE AREA TECHNICAL COLLEGE BY RAISING FUNDS FOR SCHOLARSHIPS/PROGRAM SUPPORT. 15 13 0 13 0 0 10266215 12665033 0 0 243070 1021588 46485 12215 10555770 13698836 9938582 8308064 0 0 0 0 0 0 41682 223909 344321 10162491 8652385 393279 5046451 19972337 30589690 168927 1779998 19803410 28809692 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 5956615 5956615 THE FOUNDATION ADMINISTERED $6,776,496 IN CONTRIBUTIONS FOR MILWAUKEE PBS (FORMERLY MILWAUKEE PUBLIC TELEVISION) AND AWARDED $5,956,615 IN PROGRAM SUPPORT. MILWAUKEE PBS IS OWNED AND OPERATED BY MILWAUKEE AREA TECHNICAL COLLEGE (MATC). 1048281 1035200 THE FOUNDATION PROVIDED $990,180 IN DIRECT PROGRAM SUPPORT TO MATC, INCLUDING SUPPORT FOR THE 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 $58,101 OF IN-KIND DONATIONS OF MATERIALS AND EQUIPMENT FOR MATC'S PROGRAMS. 1332882 1316249 THE FOUNDATION AWARDED $1,316,249 IN SCHOLARSHIPS AND EMERGENCY GRANT ASSISTANCE TO 1,138 STUDENTS, INCLUDING $636,595 TO 381 PROMISE STUDENTS. 8337778 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 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 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 15 13 0 0 1 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 532331443 EUGENE A GILCHRIST VICE PRESIDENT 1.00 X X 0 0 0 KAMAL BANSAL VICE PRESIDENT 1.00 X 0 0 0 MATTHEW PARTRIDGE TREASURER 1.00 X X 0 0 0 SUSAN LUBAR SECRETARY 1.00 X X 0 0 0 JULIANNA EBERT PRESIDENT 2.00 X X 0 0 0 ERICA CASE MATC DISTRICT BOARD APPOIN 0.25 X 0 0 0 VICKI MARTIN EX-OFFICIO DIRECTOR 0.50 39.50 X 0 0 0 KEVIN JOY DIRECTOR 0.50 X 0 0 0 JAMIE BERGER DIRECTOR 0.50 X 0 0 0 JIM COSCO DIRECTOR 0.50 X 0 0 0 VI HAWKINS DIRECTOR 0.50 X 0 0 0 MICHAEL STULL DIRECTOR 0.50 X 0 0 0 TRACY LUBER DIRECTOR 0.50 X 0 0 0 DAVID BISHOP SECRETARY 1.00 X X 0 0 0 JEFFREY NELSON TREASURER 1.00 X X 0 0 0 ANGELA RESTER DIRECTOR 0.50 X 0 0 0 ANTHONY SMITH DIRECTOR 0.50 X 0 0 0 CHRISTINE MCGEE OPERATIONS DIRECTOR, OUTGOING 19.00 X 0 55129 3729 LAURA BRAY EXECUTIVE DIRECTOR 15.00 25.00 X 0 171730 11855 JASON FLANDERS OPERATIONS DIRECTOR, INCOMING 19.00 X 0 0 0 0 226859 15584 0 0 1 0 0 12665033 58101 12665033 640819 640819 2300343 1919574 380769 380769 380769 13615 1400 12215 12215 13698836 0 0 1033803 6991815 6991815 1316249 1316249 10121 10121 115395 115395 55081 55081 32326 8956 9168 14202 22309 3738 6641 11930 28000 7000 7000 14000 1457 1457 6507 6507 ADMINISTRATIVE ENDOWMEN 43481 43481 BANK FEES 6630 6630 DUES AND SUBSCRIPTIONS 3477 3477 FUNDRAISING AND DEVELOP 1550 1550 17987 10020 7967 8652385 8337778 272925 41682 407227 3226302 32405 47443 647381 1626333 14750 9242 18870574 25680370 19972337 30589690 168927 1779998 168927 1779998 X 1400740 2298567 18402670 26511125 19803410 28809692 19972337 30589690 5046451 3959831 0 X 0 1 X 1 0 X 10291725 6791794 7909230 9690719 12606932 47290400 357302 375853 572041 575496 58101 1938793 10649027 7167647 8481271 10266215 12665033 49229193 226461 49002732 385015 626372 763940 615998 640820 3032145 9129 17166 1070 46485 12215 86065 52347403 0.93610 0.93920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13332675 1832711 3944601 2274880 80940 16754167 12197410 2906987 308227 2032706 47243 13332675 11380695 1233587 669545 1041114 45303 12197410 10356109 1587194 951826 1471698 42736 11380695 9274373 333313 1151575 361987 41165 10356109 0.73512 0.26487 0 0 0 X 18106584 3959831 501598 1400 4462829 13643755 55081 55081 13698836 9100302 501598 1400 502998 8597304 55081 55081 8652385 PART X, LINE 2: MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION, INC. IS ORGANIZED AS A WISCONSIN NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A), AS AN ORGANIZATION DESCRIBED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTIONS 170(B)(1)(A)(VI) AND (VIII), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER IRC SECTIONS 509(A)(1) AND (3), RESPECTIVELY. THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. WE HAVE DETERMINED THAT THE FOUNDATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAVE NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUE 1,400. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUE 1,400. PART V, LINE 4 THE FOUNDATION'S ENDOWMENT FUNDS ARE DESIGNATED BY DONORS FOR SCHOLARSHIPS AND PROGRAMS WITHIN MATC. 1 MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 GOVERNMENT 1035200 FMV EQUIPMENT AND MATERIALS; PAYMENT OF PROGRAM INVOICES DIRECTLY TO VENDORS FOR EDUCTIONAL AND RELATED NEEDS MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 GOVERNMENT 5956615 FMV PAYMENT OF MILWAUKEE PBS INVOICES DIRECTLY TO VENDORS MILWAUKEE PBS OPERATING EXPENSES 1 SCHOLARSHIPS AND EMERGENCY ASSISTANCE GRANTS 1519 1316249 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. 0 0 0 0 0 0 0 0 0 LAURA BRAY EXECUTIVE DIRECTOR 0 171730 0 0 0 0 0 0 0 0 0 171730 0 0 X 33 27085 SALES PROCEEDS X 11 457226 SALES PROCEEDS 0 1 1 PART I, COLUMN (B): CAR AND OTHER VEHICLES: ITEM COUNT SECURITIES-PUBLICLY TRADED: NUMBER OF CONTRIBUTIONS 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 4 FOR SECTION III.W. THE EXECUTIVE COMMITTEE WAS DEFINED AS FOLLOWS: EXECUTIVE COMMITTEE THE BOARD SHALL, AT ITS ANNUAL MEETING, APPOINT AN EXECUTIVE COMMITTEE CONSISTING OF THE OFFICERS APPOINTED AS PRESIDENT, VICE PRESIDENT(S), TREASURER AND SECRETARY. THE EXECUTIVE DIRECTOR OF THE FOUNDATION SHALL BE AN EX-OFFICIO MEMBER OF THE EXECUTIVE COMMITTEE AND SHALL NOT BE A VOTING MEMBER. THE EXECUTIVE COMMITTEE WILL BE RESPONSIBLE FOR MONITORING THE FIDUCIARY, BUSINESS AND FUND RAISING FUNCTIONS OF THE BOARD INCLUDING BUT NOT LIMITED TO AUDITING, BUDGETING AND BUDGET MONITORING INCLUDING AMENDMENTS, FINANCIAL POLICIES, PROCEDURES AND INTERNAL CONTROLS, SPENDING POLICIES FOR ALL CATEGORIES OF FOUNDATION ACCOUNTS, INVESTMENTS, FUND RAISING POLICIES AND PROCEDURES, POLICIES RELATING TO CONFLICTS OF INTEREST, MATTERS THAT MAY BE REQUIRED IN MAINTAINING AN EFFECTIVE RELATIONSHIP WITH THE COLLEGE, AND PROVIDING TIMELY AND EFFECTIVE FEEDBACK TO THE LEADERSHIP AND MANAGEMENT OF THE FOUNDATION. IN FULFILLING THESE RESPONSIBILITIES, THE EXECUTIVE COMMITTEE SHALL MAINTAIN REGULAR INFORMATION SHARING WITH THE BOARD INCLUDING A CONSENT AGENDA ON SUCH MATTERS AT EACH BOARD MEETING. THE EXECUTIVE COMMITTEE SHALL CONDUCT A BOARD PLANNING EXERCISE NO LESS THAN ONCE ANNUALLY AT WHICH THE BOARD SHALL CONSIDER MATTERS INCLUDING BUT NOT LIMITED TO MISSION, GOALS AND STRATEGIES OF THE COLLEGE, ATTENDANT GOALS AND STRATEGIES OF THE FOUNDATION, SPECIFIC PLANS TO FULFILL THOSE STRATEGIES, AND MILESTONES AND OTHER MONITORING MEASUREMENTS. 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 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 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 REVIEWED 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 THE 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 EMPLOYEE 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 MILWAUKEE AREA TECHNICAL COLLEGE B 6991815 ACTUAL MILWAUKEE AREA TECHNICAL COLLEGE B 58101 FMV MILWAUKEE AREA TECHNICAL COLLEGE C 2171307 ACTUAL MILWAUKEE AREA TECHNICAL COLLEGE P 50000 FMV MILWAUKEE AREA TECHNICAL COLLEGE C 501598 ACTUAL