2014-11-13T11:18:03-06:00 2014-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVENUE 32ND FLOOR MILWAUKEE WI 53202 990 2013-07-01 391341603 MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC MILW 4142977997 700 WEST STATE STREET NO S214 MILWAUKEE WI 532331443 JEFFREY J NELSON TREASURER 4142977997 2014-11-12 1 TROY E MARINE CPA P00187863 4147775500 2014-11-12 2013 2015-11-30 17:44:51Z JEANNETTE BELL 700 WEST STATE STREET NO S214 MILWAUKEE WI 532331443 10723451 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. 18 17 0 20 0 0 5538209 6429572 0 0 1363162 614333 6993 16368 6908364 7060273 5959951 5446249 0 0 91500 20960 0 0 24566 203862 241990 6255313 5709199 653051 1351074 10224580 12166989 226548 21723 9998032 12145266 X 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 4579800 4576513 MILWAUKEE PUBLIC TELEVISION (MPTV) IS OWNED AND OPERATED BY THE MILWAUKEE AREA TECHNICAL COLLEGE. THE FOUNDATION ADMINISTERED $5,341,398 IN CONTRIBUTIONS FOR MILWAUKEE PUBLIC TELEVISION AND DISBURSED $4,576,604 IN EXPENSE ASSISTANCE IN FY2014. INCLUDED IN THE ASSISTANCE WAS $252,474 IN DISBURSEMENTS FROM A QUASI-ENDOWMENT MANAGED BY THE FOUNDATION FOR MPTV'S GENERAL OPERATIONS. 321009 303423 THE FOUNDATION AWARDED 12% MORE IN SCHOLARSHIPS AND EMERGENCY GRANTS THAN THE PREVIOUS YEAR. A TOTAL OF 446 STUDENTS RECEIVED SCHOLARSHIPS OR EMERGENCY GRANT ASSISTANCE TO HELP THEM PERSIST AND, ULTIMATELY, GRADUATE. 462726 441824 THROUGH GRANTS IT RECEIVED, THE FOUNDATION SUPPORTED A NUMBER OF MATC'S PROGRAMS, INCLUDING A NEW KEY MANUFACTURING SKILLS TRAINING PROGRAM TO TRAIN DISPLACED INDUSTRIAL WORKERS, THE EXPANSION OF THE MATC ENTREPRENEURSHIP CENTER'S TECHNICAL SERVICES AND EQUIPMENT, AND THE PURCHASE OF NEW EQUIPMENT FOR MATC'S ENERGY CONSERVATION AND ADVANCED MANUFACTURING CENTER. 124489 124489 THE FOUNDATION PROVIDED GRANTS OR ASSISTANCE TO TWO OTHER ORGANIZATIONS FOR PROGRAMMING RELATED TO MATC. ONE GRANT IS PROVIDING MATCHING DOLLARS FOR THREE INDIVIDUAL DEVELOPMENT ACCOUNTS ESTABLISHED BY THE ORGANIZATION'S CLIENTS WHO INTEND TO USE THEIR IDAS FOR EDUCATION-RELATED EXPENSES AT MATC. THE OTHER WAS FOR MPTV'S MEMBRSHIP INTO THE DIGITAL CONVERGENCE ALLIANCE. 124489 124489 5488024 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 3 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 X 18 17 0 0 1 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 VP & PRESIDENT-ELECT 0.50 X X 0 0 0 DAVID BISHOP DIRECTOR 0.50 X 0 0 0 DEAN MULLER DIRECTOR 0.50 X 0 0 0 ERIC REISNER DIRECTOR 0.50 X 0 0 0 EUGENE GILCHRIST DIRECTOR 0.50 X 0 0 0 FRED ROYAL JR DIRECTOR 0.50 X 0 0 0 GARY COLPAERT DIRECTOR 0.50 X 0 0 0 GEORGE HINTON DIRECTOR 0.50 X 0 0 0 JEANNETTE BELL PRESIDENT 0.50 X X 0 0 0 JEFFREY NELSON TREASURER 0.50 X X 0 0 0 JEROME MCGINNIS DIRECTOR 0.50 X 0 0 0 L RICHARD KINNEY DIRECTOR 0.50 X 0 0 0 MICHAEL BURKE EX-OFFICIO DIRECTOR 0.50 39.50 X 0 244554 28831 MICHELLE KEITH DIRECTOR 0.50 X 0 0 0 NATAVAN ABBOTT DIRECTOR 0.50 X 0 0 0 MELANIE HOLMES DISTRICT BOARD LIAISON 0.50 X 0 0 0 RICK ROSSER DIRECTOR 0.50 X 0 0 0 ROBERT DAVIS SECRETARY UNTIL NOV. 0.50 X X 0 0 0 SHELLEY JUREWICZ DIRECTOR 0.50 X 0 0 0 WILLIAM BECKETT DIRECTOR START FEB. 0.50 X 0 0 0 CHRISTINE MCGEE EXECUTIVE DIRECTOR 40.00 5.00 X 8174 88412 17169 8174 332966 46000 0 0 1 0 0 55125 6374447 251425 6429572 360291 360291 3857148 3603106 254042 254042 254042 36474 55125 30072 6402 6402 39966 30000 9966 9966 7060273 0 0 630701 5142826 5142826 303423 303423 8174 654 6049 1471 12786 6472 1497 4817 49950 49950 45658 45658 12153 7500 1944 2709 21000 7140 7560 6300 90 90 4342 4342 BANK FEES 75112 75112 OTHER PROGRAM SUPPORT 17288 17288 OTHER DIRECT EXPENSES 8164 2721 2722 2721 DEVELOPMENT 6458 6458 1775 1775 5709199 5488024 196609 24566 399472 616557 187479 290051 281833 581817 2128 2258 9353668 10676306 10224580 12166989 216548 21223 10000 500 226548 21723 X 899729 1008581 6478519 8195552 2619784 2941133 9998032 12145266 10224580 12166989 1351074 796160 0 X X 0 1 X 1 0 X 386215 419849 7033458 5538209 6429572 19807303 277000 160000 102732 164920 248722 953374 663215 579849 7136190 5703129 6678294 20760677 20760677 108655 124826 139010 272336 360291 1005118 21765795 0.95380 0.95070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7167673 1139878 813936 345848 32320 8743319 2429949 5152872 77132 457548 34732 7167673 2487828 173788 -65381 138402 27884 2429949 2113063 10250 364515 2487828 1939605 2589 170869 2113063 0.34000 0.66000 0 0 0 8165227 796160 248722 60072 1104954 7060273 0 7060273 6017993 248722 60072 308794 5709199 0 5709199 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 60,072. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 60,072. GOLF FOR SCHOLARSHIPS 53710 39625 14085 368 5390 2818 3632 FIVE STAR EVENT 35542 14000 21542 13965 400 1417 1 2347 1500 847 1476 531 75 91599 55125 36474 1476 368 5921 16783 475 5049 30072 6402 39966 30000 1 1.00000 39966 30000 30000 9966 WI 1 0 1 0 1.00000 CHRISTINE MCGEE 700 W STATE ST MILWAUKEE WI 53233 0 1 9966 1 MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 230213 211611 FMV EQUIPMENT, MEDICAL SUPPLIES, TOOLS, MATERIALS FOR EDUCATIONAL AND EDUCATION-RELATED NEEDS MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 4576513 MPTV OPERATIONAL EXPENSES WISCONSIN WOMEN'S BUSINESS INITIATIVE CORP 2745 N DR MARTIN LUTHER KING JR DRIVE MILWAUKEE WI 53212 391597954 6000 FMV INDIVIDUAL DEVELOPMENT ACCOUNTS FOR MATC STUDENTS DIGITAL CONVERGENCE ALLIANCE INC 1300 N BOULEVARD TAMPA FL 33607 460796925 118489 MPTV MEMBERSHIP IN THE DIGITAL CONVERGENCE ALLIANCE 3 SCHOLARSHIPS AND EMERGENCY ASSISTANCE GRANTS 446 303423 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 MICHAEL BURKE EX-OFFICIO DIRECTOR 0 227651 0 0 0 16903 0 1500 0 27331 0 273385 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 12 7725 SALE X 12 32089 SALE X EQUIPMENT 11 194096 FMV X SOFTWARE 2 8815 FMV X MATERIALS 4 8700 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BOARD ADOPTED REVISED BYLAWS THAT CLARIFY THE ROLE AND AUTHORITY OF THE EXECUTIVE DIRECTOR AND COMPLY WITH STATE STATUTES. 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. THE FOUNDATION'S BYLAWS WERE UPDATED TO REFLECT THIS PRACTICE. 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 BOARD WILL DETERMINE 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. AUDITED FINANCIAL INFORMATION FOR THE FOUNDATION IS INCLUDED IN AN ANNUAL REPORT PRODUCED BY MATC, WHICH IS MAILED TO MAJOR DONORS AND COMMUNITY LEADERS, AS WELL AS POSTED ON OUR WEBSITE. 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 303423 FMV MILWAUKEE AREA TECHNICAL COLLEGE B 230213 FMV MILWAUKEE AREA TECHNICAL COLLEGE B 211611 FMV MILWAUKEE AREA TECHNICAL COLLEGE N 21000 FMV MILWAUKEE AREA TECHNICAL COLLEGE O 20960 FMV MILWAUKEE AREA TECHNICAL COLLEGE O 231923 FMV MILWAUKEE AREA TECHNICAL COLLEGE P 4576513 FMV MILWAUKEE AREA TECHNICAL COLLEGE P 8040 FMV