2014-11-25T16:49:33-06:00 2014-06-30 390974031 WEGNER CPAS LLP 2110 LUANN LN MADISON WI 537133074 990 2013-07-01 391828080 SOUTHWEST WISCONSIN TECHNICAL COLLEGE FOUNDATION INC SOUT 6088223262 1800 BRONSON BLVD FENNIMORE WI 538099778 DR DUANE FORD FOUNDATION DIRECTOR 6088223262 2014-11-25 1 SCOTT HAUMERSEN CPA P00084908 6082744020 2013 2015-11-30 17:44:51Z DR DUANE FORD 1800 BRONSON BLVD FENNIMORE WI 538099778 1500883 0 X WWW.SWTC.EDU X 1980 WI PROVIDE SCHOLARSHIPS AND ASSISTANCE TO STUDENTS AND FACULTY AND ON-CAMPUS STUDENT HOUSING 14 14 0 40 0 0 251262 274723 333377 349090 151896 202746 1410 0 737945 826559 129845 174930 0 0 0 0 0 0 114367 418472 486105 548317 661035 189628 165524 4959946 5403725 1748205 1816859 3211741 3586866 PROMOTE LEARNING THROUGH FUNDING AND ACTIVITIES THAT ENABLES SOUTHWEST TECH TO PROVIDE OPPORTUNITIES FOR SUCCESS. 0 0 295257 348079 SOUTHWEST WISCONSIN TECHNICAL COLLEGE FOUNDATION OWNS AND OPERATES ON-CAMPUS HOUSING UNITS TO PROVIDE AFFORDABLE HOUSING OPTIONS FOR STUDENTS OF THE COLLEGE. THE HOUSING UNITS HAVE A CAPACITY OF 100 TENANTS. 174930 174930 1011 SOUTHWEST WISCONSIN TECHNICAL COLLEGE FOUNDATION ANNUALLY AWARDS SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE TO STUDENTS AND FACULTY OF THE COLLEGE TO ASSIST THE RECIPIENTS WITH OBTAINING A DEGREE OR FUTHERING THEIR PROFESSIONAL DEVELOPMENT. SOUTHWEST WISCONSIN TECHNICAL COLLEGE FOUNDATION PROVIDED AWARDS TO APPROXIMATELY 200 STUDENTS AND FACULTY MEMBERS DURING THE YEAR. 470187 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 WI X X SAMANTHA GOSS 6088222366 1800 BRONSON BLVD FENNIMORE WI 538099778 X DR DUANE FORD FOUNDATION DIRECTOR 4.00 X X 0 0 0 BECKY FERNETTE PRESIDENT 0.50 X X 0 0 0 KEVIN RAISBECK VICE PRESIDENT 0.50 X X 0 0 0 RANDY WEEKS SECRETARY/TREASURER 0.50 X X 0 0 0 EILEEN NICKELS DIRECTOR 0.50 X 0 0 0 NICK NICE DIRECTOR 0.50 X 0 0 0 J BRUCE BRADLEY DIRECTOR 0.50 X 0 0 0 CAROL ROGERS DIRECTOR 0.50 X 0 0 0 TONY SCHWAB DIRECTOR 0.50 X 0 0 0 TAMMIE ENGELKE DIRECTOR 0.50 X 0 0 0 JERRY BRUNNER DIRECTOR 0.50 X 0 0 0 LORI BARRY DIRECTOR 0.50 X 0 0 0 CONNIE LARSON DIRECTOR 0.50 X 0 0 0 TOM SHEEHAN DIRECTOR 0.50 X 0 0 0 JOSH WIEDERHOLT DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 SOUTHWEST WISCONSIN TECHNICAL COLLEGE 1800 BRONSON BLVD FENNIMORE WI 538099778 EMPLOYEE LEASING SERVICES 186781 1 274723 274723 STUDENT HOUSING RENTS 531110 342946 342946 OTHER HOUSING REVENUE 531110 2842 2842 LAUNDRY REVENUE 812310 2291 2291 MISCELLANEOUS REVENUE 611430 1011 1011 349090 48409 48409 828661 674324 154337 154337 154337 826559 349090 0 202746 X 7110 7110 167820 167820 150 150 6500 6500 216601 77409 40495 98697 4973 98 4875 17114 1410 7463 8241 160104 144351 15753 1976 68 1174 734 5305 2279 2143 883 69682 69682 3700 58 2705 937 661035 470187 76481 114367 23971 118828 213352 133729 28767 20700 25090 191904 2737 2028 2434826 551399 1939634 1883427 2726395 3053109 4959946 5403725 47780 178638 14000 14000 1651727 1591292 34698 32929 1748205 1816859 X 575722 712369 1571019 1709497 1065000 1165000 3211741 3586866 4959946 5403725 165524 209601 0 X 0 1 X 1 0 X 165718 154866 178945 251262 274723 1025514 165718 154866 178945 251262 274723 1025514 82642 942872 55999 60026 67194 71639 48409 303267 1328781 1443873 0.70960 0.72520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2293347 126427 339965 110223 2649516 2097234 49797 238898 45495 47087 2293347 2059529 62295 60688 41850 43428 2097234 1795050 11068 335543 38300 925 42907 2059529 1671027 55595 142788 37250 37110 1795050 0.43970 0.56030 0 0 80000 80000 2334889 532413 1802476 19937 18986 951 1883427 SECURITY DEPOSITS 32929 32929 1036160 209601 209601 826559 0 826559 661035 0 661035 0 661035 PART IV, LINE 2B: THE FOUNDATION ADMINISTERS AN EMERGENCY LOAN FUND WHERE STUDENTS MAY OBTAIN MODEST SHORT-TERM LOANS FOR SCHOOL AND/OR PERSONAL EXPENSES. IN ADDITION TO AMOUNTS CONTRIBUTED BY DONORS TO THE EMERGENCY LOAN FUND, THE FOUNDATION IS ALSO THE CUSTODIAN OF SOUTHWEST WISCONSIN TECHNICAL COLLEGE'S FUNDS USED FOR THE SAME PURPOSE. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING ASSOCIATE DEGREES AND TECHNICAL DIPLOMAS AND WHO MEET SPECIFIED CRITERIA, PROVIDE ASSISTANCE TO FACULTY FURTHERING THEIR PROFESSIONAL DEVELOPMENT, AND SUPPORT CERTAIN SPECIAL PROJECTS AND EVENTS. 1 SOUTHWEST WISCONSIN TECHNICAL COLLEGE 1800 BRONSON BLVD FENNIMORE WI 538099778 391088496 WISCONSIN TECHNICAL 7110 ASSISTANCE TO VARIOUS COLLEGE PROGRAMS AND STUDENT CLUBS AND ORGANIZATIONS 1 SCHOLARSHIPS TO STUDENTS PURSUING ASSOCIATE DEGREES AND TECHNICAL DIPLOMAS 214 164477 GENERAL EDUCATION DEVELOPMENT (GED) AND HIGH SCHOOL EQUIVALENCY DIPLOMA (HSED) TESTING SERVICES FOR SPECIFIC INDIVIDUALS 59 816 REGISTRATION FEES AND OTHER ASSISTANCE TO FACULTY FURTHERING THEIR PROFESSIONAL DEVELOPMENT 7 2527 PART I, LINE 2: THE FOUNDATION DISBURSES SCHOLARSHIP FUNDS ON A SEMESTER BASIS DIRECTLY TO SOUTHWEST WISCONSIN TECHNICAL COLLEGE'S BUSINESS OFFICE ON BEHALF OF THE RECIPIENT. BEFORE THE FOUNDATION DISBURSES FUNDS FOR A SEMESTER, IT MUST RECEIVE FROM THE COLLEGE THE SCHOLARSHIP RECIPIENT'S GRADE TRANSCRIPT FOR THE LAST SEMESTER COMPLETED BY THE RECIPIENT AND WRITTEN CONFIRMATION FROM THE COLLEGE THAT THE STUDENT IS IN GOOD ACADEMIC STANDING. FORM 990, PART VI, SECTION B, LINE 11 THE PREPARED FORM 990 IS REVIEWED BY THE FOUNDATION DIRECTOR AND THE FOUNDATION STAFF BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY COVERS ALL OF ITS DIRECTORS AND PRINCIPAL OFFICERS, AS DEFINED IN THE POLICY. ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH BROAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, AS DEFINED IN THE POLICY, IS CONSIDERED AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE MUST LEAVE THE MEETING OF THE GOVERNING BODY WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING DIRECTORS WILL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE MEETING OF THE GOVERNING BODY, BUT AFTER THE PRESENTATION HE/SHE MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BODY WILL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. TO ENSURE THE FOUNDATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, THE FOUNDATION WILL CONDUCT PERIODIC REVIEWS OF, BUT NOT LIMITED TO, WHETHER PARTNERSHIPS OR OTHER ARRANGEMENTS WITH THIRD PARTIES CONFORM TO THE FOUNDATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT, OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON SOUTHWEST WISCONSIN TECHNICAL COLLEGE'S WEBSITE AS WELL AS UPON REQUEST. FORM 990, PART IX, LINE 11G EMPLOYEE LEASING SERVICES: PROGRAM SERVICE EXPENSES 73,479. MANAGEMENT AND GENERAL EXPENSES 40,441. FUNDRAISING EXPENSES 98,697. TOTAL EXPENSES 212,617. MANAGEMENT CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 3,930. MANAGEMENT AND GENERAL EXPENSES 54. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,984.