2016-11-07T15:37:55-06:00 2016-06-30 390859910 Baker Tilly Virchow Krause LLP 777 E Wisconsin Avenue 32nd Floor Milwaukee WI 53202 990 2015-07-01 391341603 Milwaukee Area Technical College Foundation Inc MILW 4142977997 700 West State Street No S214 Milwaukee WI 532331443 Eugene Gilchrist Treasurer 4142977997 2016-11-01 1 Troy Marine CPA P00187863 4147775500 2016-11-01 2015 2017-02-10 21:41:12Z Brian J LeHouillier 700 West State Street No S214 Milwaukee WI 532331443 12940054 0 X www.matc.edu/foundation 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 PUBLIC TELEVISION. 19 17 0 21 0 0 6268617 6874027 0 0 734601 371012 2332 9129 7005550 7254168 5664738 5990464 0 0 20000 22525 20784 10392 43894 257727 274135 5963249 6297516 1042301 956652 12624287 13075042 9673 7351 12614614 13067691 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 5268583 5268583 Milwaukee Public Television (MPTV) is owned and operated by the Milwaukee Area Technical College. The Foundation administered $5,552,659 in contributions for Milwaukee Public Television and disbursed $5,268,583 in program assistance in FY2016. 413175 394019 The Foundation awarded 16.5% more in scholarships and emergency grants than the previous year. Over 500 students received scholarships or emergency grant assistance from the Foundation to help them persist and, ultimately, graduate. 330571 327862 THROUGH GRANTS IT RECEIVED, THE FOUNDATION SUPPORTED A NUMBER OF MATC'S PROGRAMS, INCLUDING AN EARLY CHILDHOOD EDUCATION PROGRAM, THE MEN OF COLOR INITIATIVE, THE VOLUNTEER INCOME TAX ASSISTANCE (VITA) PROGRAM, AND THE PURCHASE OF NEW EQUIPMENT FOR MATC'S ENERGY CONSERVATION AND ADVANCED MANUFACTURING CENTER. 6012329 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 X 19 17 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X Christine McGee 4142977997 700 West State Street Suite S214 Milwaukee WI 532331443 Angela Rester Director 0.50 X 0 0 0 Brian LeHouillier President 1.00 X X 0 0 0 David Bishop Director 0.50 X 0 0 0 Dean Muller Director 0.50 X 0 0 0 EUGENE GILCHRIST treasurer 1.00 X X 0 0 0 Gary Colpaert Director 0.50 X 0 0 0 Jeannette Bell Past President 0.50 X 0 0 0 Jeffrey Nelson vice president 1.00 X X 0 0 0 L Richard Kinney Director 0.50 X 0 0 0 MICHELLE KEITH Director 0.50 X 0 0 0 Natavan Abbott Director 0.50 X 0 0 0 RICK ROSSER Director 0.50 X 0 0 0 William Beckett Secretary 1.00 X X 0 0 0 Matthew Moore Director 0.50 X 0 0 0 Vicki J Martin Ex-Officio Director 0.50 39.50 X 0 285785 39307 Peggy Williams-Smith Director 0.50 X 0 0 0 David Dull District Board Liaison 0.50 X 0 0 0 Eric Zoromski Director 0.50 X 0 0 0 Norman Barrientos Director 0.50 X 0 0 0 Christine McGee Executive Director 35.00 5.00 X 0 98341 25635 0 384126 64942 0 0 1 0 0 18448 6855579 223182 6874027 367294 367294 5641590 5637872 3718 3718 3718 23813 18448 18014 5799 5799 33330 30000 3330 3330 7254168 0 0 380141 5596445 5596445 394019 394019 6983 349 5028 1606 15542 5174 4777 5591 53400 53400 10392 10392 32849 32849 5850 5850 12154 6202 1102 4850 21000 7140 7560 6300 4815 4815 Bank&Merchant Card Fees 107783 107783 MPTV Underwriting Agenc 20988 20988 Other Direct Expenses 9009 3000 3009 3000 Development 6157 6157 130 -18 148 6297516 6012329 241293 43894 465468 622448 20407 6593 415856 632688 7560 8001 11714996 11805312 12624287 13075042 9673 7351 9673 7351 X 891969 801956 8719231 9363622 3003414 2902113 12614614 13067691 12624287 13075042 956652 -503575 0 X X 0 1 X 1 0 X 7033458 5538209 6429572 6268617 6874027 32143883 102732 164920 248722 324099 338694 1179167 7136190 5703129 6678294 6592716 7212721 33323050 33323050 139010 272336 360291 376516 367294 1515447 34838497 0.95650 0.95120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9531380 144720 -123028 250730 27969 9274373 8743319 1046402 118391 347771 28961 9531380 7167673 1139878 813936 345848 32320 8743319 2429949 5152872 77132 457548 34732 7167673 2487828 173788 -65381 138402 27884 2429949 0.00000 0.31000 0.69000 0 0 0 7137301 -503575 338694 48014 -116867 7254168 0 7254168 6684224 338694 48014 386708 6297516 0 6297516 Part V, Line 4: The Foundation's endowment funds are designated by donors for scholarships and programs within MATC. Part XI, Line 2d - Other Adjustments: Fundraising Expenses 48,014. Part XII, Line 2d - Other Adjustments: FUNDRAISING EXPENSES 48,014. WI Five Star Event 39166 16948 22218 619 15346 150 625 Gingerbread House Event 3095 1500 1595 1200 75 42261 18448 23813 1819 15346 225 625 18015 5798 33330 30000 1 1.00000 33330 30000 30000 3330 WI 1 0 1 0 1.00000 Christine McGee 700 W State St Milwaukee WI 53233 0 1 3330 Form 990, Schedule G, Part III A RAFFLE FOR AN AUTO OR CASH PRIZE IS CONDUCTED TO SUPPORT MILWAUKEE PUBLIC TELEVISION (MPTV). 1 Milwaukee Area Technical College 700 W State Street Milwaukee WI 53233 396003459 214154 113708 FMV Equipment, medical supplies, tools, materials For educational and education-related needs milwaukee Area Technical College 700 W State Street milwaukee WI 53233 396003459 5268583 MPTV Operational Expenses 1 SCHOLARSHIPS and emergency assistance grants 505 394019 Provide educational scholarships Part I, Line 2: The MATC Foundation, Inc. operates and maintains a comprehensive range of funds that have been established to support the educational and strategic goals of the college and MATC students annually. The foundation awards a wide range of scholarships to students in Milwaukee Area Technical College. Additionally, the foundation provides institutional grants that support faculty and student achievement on many levels. Scholarships and grants are given based on meeting qualifying criteria. Scholarships are paid directly to MATC and are applied to student 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 Ex-Officio Director 0 242124 0 0 0 43661 0 19558 0 19749 0 325092 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 46 38524 Sale & FMV X 1 58832 Appraisal X 13 73034 Sale X EQUIPMENT 2 48142 FMV X MATERIALS 3 4650 FMV 1 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 Public Television. 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 Board of Directors. Form 990, Part VI, Section B, line 11 Form 990 is reviewed by the Executive 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 - performance review is annually conducted by MATC (related organization). MATC also pays compensation of executive director. Compensation is determined 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, conflict 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 Street Milwaukee WI 53233 396003459 Education WI Governmental Unit 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 Milwaukee Area Technical College B 341618 fmv MILWaukee Area Technical College B 214153 Fmv MILWaukee Area Technical College B 113708 Fmv milwaukee Area Technical College C 22765 fmv milwaukee Area Technical College N 21000 fmv milwaukee Area Technical College O 22525 fmv milwaukee Area Technical College O 315929 fmv milwaukee Area Technical College P 5268583 fmv milwaukee Area Technical College P 9000 fmv Milwaukee Area Technical College P 5741 FMV