2020-04-01T14:37:06-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 100 CITY CENTER PO BOX 2886 OSHKOSH WI 54903 990 2018-07-01 391341603 MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC MILW 4142977687 700 WEST STATE STREET NO S214 MILWAUKEE WI 532331443 JEFFREY NELSON TREASURER 4142977687 2020-04-01 1 WENDY MALLO P01250277 9202315890 2020-04-01 67.137.57.251 2020-04-01 10:50:47 CD P 52C72375E9A6F9A2B9013841777EAF3BC327C0D7 1BC35A47AA1C67CEB85BD17C9EC4A66B87697CB2 2018 2020-09-23 17:36:50Z JEFFREY NELSON 700 WEST STATE STREET NO S214 MILWAUKEE WI 532331443 12013573 0 X WWW.MATC.EDU/FOUNDATION X 1979 WI TO SUPPORT MILWAUKEE AREA TECHNICAL COLLEGE BY RAISING FUNDS FOR SCHOLARSHIPS AND PROGRAM SUPPORT. 16 14 0 18 0 0 6791794 8481271 0 0 1267293 788049 15983 1070 8075070 9270390 7346585 8700464 0 0 25142 0 24500 0 59330 129267 192456 7525494 8892920 549576 377470 18474727 19201725 20460 182020 18454267 19019705 THE MATC FOUNDATION SUPPORTS STUDENT SUCCESS AND ENHANCES LEARNING BY ENGAGING THOSE WHO ARE PASSIONATE ABOUT THE COLLEGE AND THE COMMUNITY IT BENEFITS. THE FOUNDATION RAISES FUNDS FOR PROGRAMS AND SCHOLARSHIPS FOR MATC AND ITS STUDENTS. 0 0 5849311 5846778 MILWAUKEE PBS (FORMERLY MILWAUKEE PUBLIC TELEVISION) IS OWNED AND OPERATED BY THE MILWAUKEE AREA TECHNICAL COLLEGE. THE FOUNDATION ADMINISTERED $5,946,556 IN CONTRIBUTIONS FOR MILWAUKEE PBS AND DISBURSED $5,846,778 IN PROGRAM SUPPORT. 1765635 1758036 THROUGH GRANTS IT RECEIVED DURING THE FISCAL YEAR AND PRIOR YEARS, THE FOUNDATION PROVIDED $1,691,369 IN SUPPORT FOR MATC PROGRAMS, INCLUDING REV UP/AL HURVIS TRANSPORTATION CENTER, THE EXPANSION OF THE NURSING PROGRAM, AND AN INITIATIVE TO HELP IMPROVE THE TRANSITION OF STUDENTS FROM HIGH SCHOOL TO COLLEGE. THIS REPRESENTS A 92% INCREASE OVER THE PRIOR YEAR'S PROGRAM SUPPORT. IN ADDITION, THE FOUNDATION SERVED AS THE CONDUIT FOR $66,658 OF IN-KIND DONATIONS OF MATERIALS AND EQUIPMENT FOR MATC'S PROGRAMS. 1095650 1095650 THE FOUNDATION AWARDED $1,095,650 IN SCHOLARSHIPS AND EMERGENCY STUDENT ASSISTANCE GRANTS TO 830 STUDENTS, INCLUDING $647,672 TO 410 PROMISE STUDENTS. THIS REFLECTS AN INCREASE OF 71% IN DOLLARS AWARDED OVER THE PRIOR YEAR AND CONTINUES AN EIGHT YEAR TREND OF INCREASED STUDENT SUPPORT. 8710596 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 10 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 16 14 0 0 0 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 PRESIDENT 1.00 X X 0 0 0 JULIANNA EBERT VICE PRESIDENT 1.00 X X 0 0 0 ANGELA M RESTER SECRETARY 1.00 X X 0 0 0 EUGENE A GILCHRIST TREASURER 1.00 X X 0 0 0 DAVID B BISHOP DIRECTOR 0.50 X 0 0 0 GARY J COLPAERT DIRECTOR 0.50 X 0 0 0 BRIAN LEHOUILLIER DIRECTOR 0.50 X 0 0 0 SUSAN LUBAR SOLVANG DIRECTOR 0.50 X 0 0 0 TRACY LUBER DIRECTOR 0.50 X 0 0 0 MATTHEW MOORE DIRECTOR 0.50 X 0 0 0 DEAN MULLER DIRECTOR 0.50 X 0 0 0 MARY SCHEIBEL 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 ERIC ZOROMSKI DIRECTOR 0.50 X 0 0 0 VICKI MARTIN DIRECTOR 0.50 39.50 X 0 333939 45103 CHRISTINE MCGEE OPERATIONS DIRECTOR 19.00 X 0 51597 3463 LAURA BRAY EXECUTIVE DIRECTOR 15.00 25.00 X 0 162391 43485 0 547927 92051 0 0 1 0 0 8481271 572041 8481271 763940 763940 2765727 2741618 24109 24109 24109 2635 1565 1070 1070 9270390 0 0 789119 7604814 7604814 1095650 1095650 36759 36759 21747 21747 12998 3132 4100 5766 18324 3582 14742 28000 7000 7000 14000 2373 2373 1057 699 358 8038 8038 ADMINISTRATIVE ENDOWMEN 36246 36246 FUNDRAISING AND DEVELOP 14783 14783 DUES AND SUBSCRIPTIONS 1831 1831 BANK FEES 1822 1822 8478 3001 5477 8892920 8710596 122994 59330 446086 718692 267102 17223 1142862 1044458 13797 19421 16604880 17401931 18474727 19201725 20260 182020 200 0 20460 182020 X 1066127 1262080 13888151 13821703 3499989 3935922 18454267 19019705 18474727 19201725 377470 187968 0 X 0 1 X 1 0 X 6268617 6874027 10291725 6791794 7909230 38135393 324099 338694 357302 375853 572041 1967989 6592716 7212721 10649027 7167647 8481271 40103382 40103382 376516 367294 385015 626372 763940 2519137 42622519 0.94090 0.94770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11380695 1233587 669545 1041114 45303 12197410 10356109 1587194 951826 1471698 42736 11380695 9274373 333313 1151575 361987 41165 10356109 9531380 144720 -123028 250730 27969 9274373 8743319 1046402 118391 347771 28961 9531380 0.67740 0.32260 0 0 0 X 9875187 187968 456754 1565 646287 9228900 41490 41490 9270390 9309749 456754 1565 458319 8851430 41490 41490 8892920 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 1,565. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUE 1,565. 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 1691468 66568 FMV EQUIPMENT AND MATERIALS FOR EDUCTIONAL AND RELATED NEEDS MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 GOVERNMENT 5632727 214051 FMV PAYMENT OF MILWAUKEE PBS INVOICES DIRECTLY TO VENDORS MILWAUKEE PBS OPERATING EXPENSES 1 SCHOLARSHIPS AND EMERGENCY ASSISTANCE GRANTS 830 1095650 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 MILWAUKE 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 ASSISTANCE GRANTS ARE PAID TO MATC OR THIRD PARTIES WHENEVER POSSIBLE. 0 0 0 0 0 0 0 0 0 VICKI MARTIN DIRECTOR 0 267547 0 0 0 66392 0 22591 0 22512 0 379042 0 0 LAURA BRAY EXECUTIVE DIRECTOR 0 136924 0 0 0 25467 0 11167 0 32318 0 205876 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 28 21548 SALES PROCEEDS X 17 483927 SALES PROCEEDS X EQUIPMENT AND TOOLS 11 66568 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 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. 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 8601689 ACTUAL MILWAUKEE AREA TECHNICAL COLLEGE B 66568 FMV MILWAUKEE AREA TECHNICAL COLLEGE P 50000 ACTUAL MILWAUKEE AREA TECHNICAL COLLEGE C 456754 FMV