2021-04-06T17:22:06-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 1660 OSHKOSH AVE SUITE 200 OSHKOSH WI 54902 990 2019-07-01 391341603 MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC MILW 4142977687 700 WEST STATE STREET NO S214 MILWAUKEE WI 532331443 JEFFREY NELSON TREASURER 4142977687 2021-03-23 1 SARAH HOFKENS P01297845 9202315890 2021-03-23 2019 2022-09-23 18:48:47Z JULIANNA EBERT 700 WEST STATE STREET NO S214 MILWAUKEE WI 532331443 16052188 0 X WWW.MATC.EDU/FOUNDATION X 1979 WI SUPPORT MILWAUKEE AREA TECHNICAL COLLEGE BY RAISING FUNDS FOR SCHOLARSHIPS/PROGRAM SUPPORT. 13 13 0 13 0 0 8481271 10266215 0 0 788049 243070 1070 46485 9270390 10555770 8700464 9938582 0 0 0 0 0 0 58439 192456 223909 8892920 10162491 377470 393279 19201725 19972337 182020 168927 19019705 19803410 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 6465017 6465017 THE FOUNDATION ADMINISTERED $6,974,481 IN CONTRIBUTIONS FOR MILWAUKEE PBS (FORMERLY MILWAUKEE PUBLIC TELEVISION) AND AWARDED $6,465,017 IN PROGRAM SUPPORT. MILWAUKEE PBS IS OWNED AND OPERATED BY MILWAUKEE AREA TECHNICAL COLLEGE (MATC). 2131956 2127333 THE FOUNDATION PROVIDED $1,649,099 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 NEW 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 $69,780 OF IN-KIND DONATIONS OF MATERIALS AND EQUIPMENT FOR MATC'S PROGRAMS. 1352956 1346232 THE FOUNDATION AWARDED $1,338,316 IN SCHOLARSHIPS AND EMERGENCY GRANT ASSISTANCE TO 1,375 STUDENTS, INCLUDING $704,542 TO 383 PROMISE STUDENTS. THIS REFLECTS AN INCREASE OF 22% IN DOLLARS AWARDED OVER THE PRIOR YEAR AND CONTINUES A NINE YEAR TREND OF INCREASED STUDENT SUPPORT. 9949929 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 18 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 13 13 0 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X X CHRISTINE MCGEE 4142977997 700 WEST STATE STREET S214 MILWAUKEE WI 532331443 JEFFREY NELSON TREASURER 1.00 X X 0 0 0 JULIANNA EBERT PRESIDENT 2.00 X X 0 0 0 ANGELA M RESTER DIRECTOR 0.50 X 0 0 0 EUGENE A GILCHRIST VICE PRESIDENT 1.00 X X 0 0 0 DAVID B BISHOP SECRETARY 1.00 X X 0 0 0 GARY J COLPAERT 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 ANTHONY SMITH DIRECTOR 0.50 X 0 0 0 MICHAEL STULL DIRECTOR 0.50 X 0 0 0 VICKI MARTIN EX-OFFICIO DIRECTOR 0.50 39.50 X 0 353213 46802 JAMIE BERGER DIRECTOR 0.50 X 0 0 0 KEVIN JOY DIRECTOR 0.50 X 0 0 0 MATTHEW PARTRIDGE DIRECTOR 0.50 X 0 0 0 ERICA CASE MATC DISTRICT BOARD APPOINTED DIRECTOR 0.25 X 0 0 0 CHRISTINE MCGEE OPERATIONS DIRECTOR 19.00 X 0 51751 3412 LAURA BRAY EXECUTIVE DIRECTOR 15.00 25.00 X 0 166784 42834 0 571748 93048 0 0 1 0 0 10266215 575496 10266215 615998 615998 5121990 5494918 -372928 -372928 -372928 47985 1500 46485 46485 10555770 0 0 289555 8506141 8506141 1432441 1432441 4839 4839 36974 36974 42780 42780 13999 2597 4755 6647 22072 1750 7251 13071 28000 7000 7000 14000 1665 1665 1774 19 1755 8461 8461 ADMINISTRATIVE ENDOWMEN 37768 37768 FUNDRAISING AND DEVELOP 7099 7099 DUES AND SUBSCRIPTIONS 3903 3903 BANK FEES 2381 2381 12194 1895 10299 10162491 9949929 154123 58439 718692 407227 17223 32405 1044458 647381 19421 14750 17401931 18870574 19201725 19972337 182020 168927 182020 168927 X 1262080 1400740 17757625 18402670 19019705 19803410 19201725 19972337 393279 390426 0 X 0 1 X 1 0 X 6874027 10291725 6791794 7909230 9690719 41557495 338694 357302 375853 572041 575496 2219386 7212721 10649027 7167647 8481271 10266215 43776881 43776881 367294 385015 626372 763940 615998 2758619 9129 17166 1070 46485 73850 46609350 0.93920 0.94090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12197410 2906987 308227 2032706 47243 13332675 11380695 1233587 669545 1041114 45303 12197410 10356109 1587194 951826 1471698 42736 11380695 9274373 333313 1151575 361987 41165 10356109 9531380 144720 -123028 250730 27969 9274373 0.70340 0.29660 0 0 0 X 11396802 390426 491886 1500 883812 10512990 42780 42780 10555770 10613097 491886 1500 493386 10119711 42780 42780 10162491 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 1,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUE 1,500. PART V, LINE 4 THE FOUNDATION'S ENDOWMENT FUNDS ARE DESIGNATED BY DONORS FOR SCHOLARSHIPS AND PROGRAMS WITHIN MATC. MPBS TENNESSEE TRIP 20000 20000 AROUND THE CORNER TRIP 13050 13050 2 14935 14935 1500 47985 47985 1500 1500 46485 1 MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 GOVERNMENT 1958951 77173 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 6259888 205129 FMV PAYMENT OF MILWAUKEE PBS INVOICES DIRECTLY TO VENDORS MILWAUKEE PBS OPERATING EXPENSES BELIEVE IN STUDENTS INC C/O AFT LOCAL 212 730 W JUNEAU AVE MILWAUKEE WI 53233 813612875 501C3 5000 SUBGRANTEE FOR EMERGENCY STUDENT ASSISTANCE 2 0 SCHOLARSHIPS AND EMERGENCY ASSISTANCE GRANTS 1798 1394941 37500 FMV CHROMEBOOKS 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 VICKI MARTIN EX-OFFICIO DIRECTOR 0 279954 0 0 0 73259 0 23259 0 23543 0 400015 0 0 LAURA BRAY EXECUTIVE DIRECTOR 0 141238 0 0 0 25501 0 11201 0 31633 0 209573 0 0 SCHEDULE J, PART II 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. X 45 61447 SALES PROCEEDS X 12 474269 SALES PROCEEDS X MATERIALS AND EQUIPMENT 3 25580 FAIR MARKET VALUE X SOFTWARE AND E-LEARNING COURSES 1 14200 FAIR MARKET VALUE 0 1 1 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 CHANGED EX-OFFICIO AND APPOINTED DIRECTORS TO NON-VOTING DIRECTORS; ADDED TERM LIMITS AND GUIDELINES FOR EXCEPTIONS; CLARIFIED THE LANGUAGE PERTAINING TO THE NOTICE OF THE ANNUAL MEETING AND ANY SPECIAL MEETINGS; CLARIFIED THE LANGUAGE PERTAINING TO TAKING ACTION WITHOUT A MEETING; UPDATED THE CONFLICT OF INTEREST LANGUAGE; IDENTIFIED AND DESCRIBED THE DUTIES AND RESPONSIBILITIES OF TWO STANDING COMMITTEES - FINANCE AND GOVERNANCE (NEW). 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 8218939 ACTUAL MILWAUKEE AREA TECHNICAL COLLEGE B 69780 FMV MILWAUKEE AREA TECHNICAL COLLEGE C 691875 ACTUAL MILWAUKEE AREA TECHNICAL COLLEGE P 50000 FMV MILWAUKEE AREA TECHNICAL COLLEGE C 491886 ACTUAL