2019-01-28T15:42:47-06:00 2018-06-30 410746749 CLIFTONLARSONALLEN LLP PO BOX 23819 GREEN BAY WI 543053819 990 2017-07-01 391341603 MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC MILW 4142977687 700 WEST STATE STREET NO S214 MILWAUKEE WI 532331443 EUGENE GILCHRIST TREASURER 4142977687 2019-01-25 1 WENDY MALLO P01250277 9204367800 2019-01-25 74.142.163.66 2019-01-25 12:38:06 CS P AAA3AE9BDF6734101642B97DAF1FCA69E104ADE4 3AE945EEE574427D90B393B128DC333B50ECA69A 2017 2019-02-21 02:37:17Z EUGENE GILCHRIST 700 WEST STATE STREET NO S214 MILWAUKEE WI 532331443 11697184 0 X WWW.MATC.EDU/SUPPORT_MATC X 1979 WI THE MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION, INC IS A NOT-FOR-PROFIT CORPORATION ORGANIZED AND OPERATED TO SECURE COMMUNITY INVOLVEMENT WITH, INCLUDING FINANCIAL SUPPORT OF, THE MILWAUKEE AREA TECHNICAL COLLEGE (MATC). THE SPECIFIC PURPOSES OF THE FOUNDATION ARE TO SOLICIT, HOLD, MANAGE, INVEST AND EXPEND CONTRIBUTIONS, GRANTS AND BEQUESTS (INCLUDING ENDOWMENT GIFTS) EXCLUSIVELY FOR THE MAINTENANCE, SUPPORT AND BENEFIT OF THE MILWAUKEE AREA TECHNICAL COLLEGE AND ITS STUDENTS, INCLUDING THE OPERATION OF MILWAUKEE PBS. 14 12 0 15 0 0 10291725 6791794 0 0 1309996 1267293 17166 15983 11618887 8075070 6640229 7346585 0 0 20000 25142 0 24500 65054 122430 129267 6782659 7525494 4836228 549576 18014943 18474727 8402 20460 18006541 18454267 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 5737138 5856318 MILWAUKEE PBS (FORMERLY MILWAUKEE PUBLIC TELEVISION) IS OWNED AND OPERATED BY THE MILWAUKEE AREA TECHNICAL COLLEGE. THE FOUNDATION ADMINISTERED $5,856,318 IN CONTRIBUTIONS FOR MILWAUKEE PBS AND DISBURSED $5,737,138 IN PROGRAM SUPPORT, A DECREASE OF 0.8% OVER THE PRIOR YEAR. 761184 647356 THE FOUNDATION AWARDED $647,356 IN SCHOLARSHIPS AND EMERGENCY STUDENT ASSISTANCE GRANTS TO 728 STUDENTS. THIS REFLECTS AN INCREASE OF 3.4% IN DOLLARS AWARDED OVER THE PRIOR YEAR AND CONTINUES A SEVEN YEAR TREND OF INCREASED STUDENT SUPPORT. 869348 842911 THROUGH GRANTS IT RECEIVED DURING THE FISCAL YEAR AND PRIOR YEARS, THE FOUNDATION PROVIDED $879,348 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 325% INCREASE OVER THE PRIOR YEAR'S PROGRAM SUPPORT. IN ADDITION, THE FOUNDATION SERVED AS THE CONDUIT FOR $63,093 OF IN-KIND DONATIONS OF MATERIALS AND EQUIPMENT FOR MATC'S PROGRAMS. 7367670 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 12 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 X 14 12 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 NORMAN BARRIENTOS SECRETARY 0.50 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 MATTHEW MOORE DIRECTOR 0.50 X 0 0 0 DEAN MULLER DIRECTOR 0.50 X 0 0 0 ANGELA M RESTER VICE PRESIDENT 0.50 X X 0 0 0 MICHAEL STULL DIRECTOR 0.50 X 0 0 0 ERIC ZOROMSKI DIRECTOR 0.50 X 0 0 0 VICKI J MARTIN DIRECTOR 0.50 39.50 X 0 316765 43738 JULIANNA EBERT DIRECTOR 0.50 X 0 0 0 BRIAN LEHOUILLIER DIRECTOR 0.50 X 0 0 0 MARK FOLEY DIRECTOR 0.50 X 0 0 0 LAURA M BRAY EXECUTIVE DIRECTOR 10.00 30.00 X 0 147565 38133 CHRISTINE MCGEE OPERATIONS DIRECTOR 19.00 X 0 59951 17981 0 524281 99852 1 0 1 0 0 2000 6789794 148658 6791794 626372 626372 4249908 3608987 640921 640921 640921 29110 2000 13127 15983 15983 8075070 0 0 1283276 6699019 6699019 647566 647566 8352 2461 3231 2660 16790 4947 6495 5348 36350 36350 24500 24500 21337 21337 24456 7377 3682 13397 21000 6300 7980 6720 265 265 6321 6321 OTHER DIRECT EXPENSES 7458 2381 5077 DUES & SUBSCRIPTIONS 5134 5134 ALL OTHER EXPENSES 3275 3275 DEVELOPMENT 1953 1953 1718 1718 7525494 7367670 92770 65054 979261 446086 24878 267102 2630596 1142862 11611 13797 14368597 16604880 18014943 18474727 8402 20260 200 8402 20460 X 943187 1066127 13750427 13888151 3312927 3499989 18006541 18454267 18014943 18474727 549576 -101850 0 X X 0 1 X 1 0 X 6429572 6268617 6874027 10291725 6791794 36655735 248722 324099 338694 357302 375853 1644670 6678294 6592716 7212721 10649027 7167647 38300405 38300405 360291 376516 367294 385015 626372 2115488 40415893 0.94770 0.95440 X 10356109 1587194 951826 1471698 42736 11380695 9274373 333313 1151575 361987 41165 10356109 9531380 144720 -123028 250730 27969 9274373 8743319 1046402 118391 347771 28961 9531380 7167673 1139878 813936 345848 32320 8743319 0.69250 0.30750 0.00000 0 0 0 X 8362200 -101850 375853 274003 8088197 -13127 -13127 8075070 7914474 375853 13127 388980 7525494 0 7525494 PART X, LINE 2: THE FOUNDATION HAS RECEIVED NOTIFICATION THAT IT QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501 (C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUE -13,127. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUE 13,127. PART V, LINE 4 THE FOUNDATION'S ENDOWMENT FUNDS ARE DESIGNATED BY DONORS FOR SCHOLARSHIPS AND PROGRAMS WITHIN MATC. 1 CONVERGENT NONPROFIT SOLUTIONS LLC 2451 CUMBERLAND PARKWAY SUITE 367 ATLANTA GA 303396136 FEASIBILITY STUDY 0 0 24500 -24500 24500 -24500 WI FIVE STAR 27175 500 26675 9997 280 27175 500 26675 9997 280 10277 16398 1 MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 GOVERNMENT 879348 63093 FMV EQUIPMENT AND MATERIALS FOR EDUCTIONAL AND RELATED NEEDS MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 GOVERNMENT 5521455 215683 FMV PAYMENT OF MILWAUKEE PBS INVOICES DIRECTLY TO VENDORS MILWAUKEE PBS OPERATING EXPENSES 1 SCHOLARSHIPS AND EMERGENCY ASSISTANCE GRANTS 728 647356 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 J MARTIN DIRECTOR 0 251254 0 0 0 65511 0 21710 0 22028 0 360503 0 0 LAURA M BRAY EXECUTIVE DIRECTOR 0 128487 0 0 0 19078 0 10278 0 27855 0 185698 0 0 SCHEDULE J, PART II THE DIRECTOR'S (COLLEGE PRESIDENT) COMPENSATION IS PAID BY MATC, A RELATED ORGANIZATION, AND IS ESTABLISHED BY THE DISTRICT BOARD OF DIRECTORS. COMPENSATION IS BASED ON A COMPREHENSIVE PROCESS CONDUCTED BY MATC'S HUMAN RESOURCES DEPARTMENT, WHICH INCLUDES COMPARATIVE DATA. X 47 27910 SALES PROCEEDS X 15 57655 SALES PROCEEDS X AIRCRAFT 1 41957 APPRAISAL X EQUIPMENT 5 21136 FAIR MARKET VALUE 1 0 1 1 PART I, LINE 32B: THE FOUNDATION USES A THIRD PARTY VENDOR TO ACCEPT, PROCESS AND SELL ALL DOANTED 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. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S PROCESS FOR ASSUMING RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. 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 0 1 1 1 1 0 0 0 MILWAUKEE AREA TECHNICAL COLLEGE B 7263842 ACTUAL MILWAUKEE AREA TECHNICAL COLLEGE B 63093 FMV MILWAUKEE AREA TECHNICAL COLLEGE P 50000 ACTUAL MILWAUKEE AREA TECHNICAL COLLEGE C 375853 FMV