2013-11-22T09:58:35-06:00 2013-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVENUE 32ND FLOOR MILWAUKEE WI 53202 990 2012-07-01 391341603 MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC MILW 4142977997 700 WEST STATE STREET NO 214 MILWAUKEE WI 532331443 JEFFREY J NELSON 4142977997 2013-11-19 1 TROY E MARINE CPA P00187863 4147775500 2013-11-19 2012 2015-11-30 17:44:51Z JEANNETTE BELL 700 WEST STATE STREET NO 214 MILWAUKEE WI 532331443 11570238 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. 18 17 0 21 0 0 7033458 5538209 0 0 112328 1363162 -15182 6993 7130604 6908364 1897017 5959951 0 0 123750 91500 0 0 31005 108733 203862 2129500 6255313 5001104 653051 9867487 10224580 74660 226548 9792827 9998032 TO ENHANCE BUSINESS & COMMUNITY PARTNERSHIPS, OBTAIN THE RESOURCES & ENDOWMENT NECESSARY TO ENSURE ACCESS TO MATC & CAREER SUCCESS FOR ALL GREATER MILWAUKEE AREA STUDENTS REGARDLESS OF FINANCIAL STATUS, WHILE SERVING AS A CATALYST FOR THE ECONOMIC VITALITY OF THE REGION. 0 0 5477680 5461040 THE FOUNDATION ASSUMED THE ROLE OF ADMINISTERING CONTRIBUTED FUNDS FOR SUPPORT OF MILWAUKEE PUBLIC TELEVISION, WHICH WERE PREVIOUSLY HANDLED BY A SEPARATE 501(C)3 ORGANIZATION. MILWAUKEE PUBLIC TELEVISION IS OWNED AND OPERATED BY THE MILWAUKEE AREA TECHNICAL COLLEGE. THE FOUNDATION ADMINISTERED $5,518,133 IN CONTRIBUTIONS FOR MILWAUKEE PUBLIC TELEVISION AND DISBURSED $5,461,040 IN GRANTS IN ITS FIRST FULL YEAR IN THIS ROLE. INCLUDED IN THE GRANTS WAS $233,000 IN DISBURSEMENTS FROM A QUASI-ENDOWMENT MANAGED BY THE FOUNDATION FOR MPTV'S GENERAL OPERATIONS. 391173 357891 THE FOUNDATION AWARDED 29% MORE IN SCHOLARSHIPS AND EMERGENCY GRANTS THAN THE PREVIOUS YEAR, DUE PRIMARILY TO RECEIVING A MULTI-YEAR GRANT TO FUND THE IMPLEMENTATION OF A NEW EMERGENCY GRANT PROGRAM FOR STUDENTS. A TOTAL OF 380 STUDENTS RECEIVED SCHOLARSHIPS OR EMERGENCY GRANT ASSISTANCE TO HELP THEM PERSIST AND, ULTIMATELY, GRADUATE. 157367 141020 THE FOUNDATION SUPPORTED A NUMBER OF MATC'S PROGRAMS, INCLUDING SPONSORING A SPEAKER EVENT THAT WAS ATTENDED BY OVER 1,000 STUDENTS, FACULTY, STAFF AND COMMUNITY LEADERS. 6026220 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 2 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X CHRISTINE MCGEE 4142977997 700 WEST STATE STREET SUITE 214 MILWAUKEE WI 532331443 ANGELA RESTER 0.50 X 0 0 0 BRIAN LEHOUILLIER 0.50 X X 0 0 0 DAVID BISHOP 0.50 X 0 0 0 DEAN MULLER 0.50 X 0 0 0 DOUG WINTER 0.50 X 0 0 0 ERIC REISNER 0.50 X 0 0 0 GARY COLPAERT 0.50 X 0 0 0 GEORGE HINTON 0.50 X 0 0 0 JEANNETTE BELL 0.50 X X 0 0 0 JEFFREY NELSON 0.50 X X 0 0 0 JEROME MCGINNIS 0.50 X 0 0 0 JIM MILNER 0.50 X 0 0 0 L RICHARD KINNEY 0.50 X 0 0 0 LINDA STEWART 0.50 X 0 0 0 MARIA AVILA 0.50 X 0 0 0 MICHAEL BURKE 0.50 40.00 X 0 219830 30634 NATAVAN ABBOTT 0.50 X 0 0 0 MELANIE HOLMES 0.50 X 0 0 0 ROBERT DAVIS 0.50 X X 0 0 0 SHELLEY JUREWICZ 0.50 X 0 0 0 WILLIAM BECKETT 0.50 X 0 0 0 CHRISTINE MCGEE 40.00 5.00 X 34315 57818 19003 34315 277648 49637 0 0 1 0 0 59195 5479014 71802 5538209 272336 272336 5696218 4605392 1090826 1090826 1090826 26525 59195 26482 43 43 36950 30000 6950 6950 6908364 0 0 1370155 5675521 5675521 284430 284430 34315 3432 24020 6863 57185 42318 6175 8692 46800 46800 38144 38144 12246 2450 2450 7346 21000 10500 6930 3570 29 29 69 69 4118 4118 BANK FEES 68193 68193 OTHER DIRECT EXPENSES 7500 7500 DEVELOPMENT 4386 4386 BOARD EXPENSE 914 914 463 315 148 6255313 6026220 198088 31005 816841 399472 432945 187479 124549 281833 0 2128 4269744 9353668 4223408 0 9867487 10224580 46060 216548 28600 10000 74660 226548 X 925777 899729 6437101 6478519 2429949 2619784 9792827 9998032 9867487 10224580 653051 -447846 0 X X 0 1 X 1 0 X 290435 386215 419849 7033458 5538209 13668166 318000 277000 160000 102732 164920 1022652 608435 663215 579849 7136190 5703129 14690818 14690818 117424 108655 124826 139010 272336 762251 15453069 0.95070 0.93810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2429949 5152872 77132 457548 34732 7167673 2487828 173788 -65381 138402 27884 2429949 2113063 10250 364515 2487828 1939605 2589 170869 2113063 2061229 183118 -303742 1000 1939605 0.37000 0.63000 0 0 0 6681920 -447846 164920 56482 -226444 6908364 0 6908364 6476715 164920 56482 221402 6255313 0 6255313 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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 56,482. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 56,482. GOLF FOR SCHOLARSHIPS 54415 46845 7570 375 6803 2615 225 4991 FIVE STAR EVENT 31305 12350 18955 448 7222 450 3353 85720 59195 26525 448 375 6803 9837 675 8344 26482 43 36950 30000 1 1.00000 36950 30000 30000 6950 WI 1 0 1 0 1.00000 CHRISTINE MCGEE 700 W STATE ST MILWAUKEE WI 53233 0 1 6950 1 MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 69218 71802 FMV EQUIPMENT, MEDICAL SUPPLIES, TOOLS, MATERIALS FOR EDUCATIONAL AND EDUCATION-RELATED NEEDS MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 5461040 FMV MPTV OPERATIONAL EXPENSES MILLER PARK STADIUM DISTRICT COMMUNITY PROGRAM ONE BREWERS WAY MILWAUKEE WI 53214 73461 FMV TRANSFER OF SCHOLARSHIP FUND. 1 1 SCHOLARSHIPS AND EMERGENCY ASSISTANCE GRANTS 364 284430 PROVIDE EDUCATIONAL SCHOLARSHIPS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 0 205385 0 0 0 14445 0 0 0 30634 0 250464 0 0 SUPPLEMENTAL INFORMATION PART III 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 1 200 FMV X 10 28569 SALE X 1 50 FMV X EQUIPMENT 9 51041 FMV X MATERIALS 6 20511 FMV 0 0 0 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 284430 FMV MILWAUKEE AREA TECHNICAL COLLEGE B 71802 FMV MILWAUKEE AREA TECHNICAL COLLEGE B 69218 FMV MILWAUKEE AREA TECHNICAL COLLEGE O 91500 FMV MILWAUKEE AREA TECHNICAL COLLEGE O 136420 FMV MILWAUKEE AREA TECHNICAL COLLEGE N 21000 FMV MILWAUKEE AREA TECHNICAL COLLEGE P 5461040 FMV MILWAUKEE AREA TECHNICAL COLLEGE P 7500 FMV