2013-02-04T14:13:52-06:00 2012-06-30 390857178 SMITH & GESTELAND LLP PO BOX 1764 MADISON WI 53701 990 2011-07-01 237265867 MADISON AREA TECHNICAL COLLEGE FOUNDATION INC MADI 6082466441 1701 WRIGHT STREET MADISON WI 53704 ROBERT DINNDORF 6082466441 2013-02-04 1 KEITH H BAUMGARTNER P00187845 6088367500 2011 2016-02-25 16:41:14Z X ROBERT DINNDORF 1701 WRIGHT STREET MADISON WI 53704 5839611 0 X HTTP://MATCMADISON.EDU X 1973 WI THE FOUNDATION SOLICITS, RECEIVES, MANAGES AND DISTRIBUTES GIFTS FROM ALUMNI, CORPORATIONS, FOUNDATIONS, COMMUNITY ORGANIZATIONS AND OTHER FRIENDS OF THE COLLEGE. THESE GENEROUS GIFTS ENHANCE MADISON COLLEGE'S ABILITY TO PROVIDE AN ACCESSIBLE, HIGH QUALITY EDUCATION TO MEED STUDENT NEEDS AND TO HELP DEVELOP A HIGHLY SKILLED WORKFORCE FOR SOUTHERN WISCONSIN. 22 20 0 0 0 0 1675860 1718188 0 0 390396 310243 25504 16487 2091760 2044918 1616163 1316472 0 0 35971 65000 0 0 45291 153349 261900 1805483 1643372 286277 401546 8185698 8125009 134265 35610 8051433 8089399 X THE MADISON AREA TECHNICAL COLLEGE FOUNDATION SOLICITS, RECEIVES, MANAGES AND DISBURSES FUNDS, EQUIPMENT AND OTHER RESOURCES FOR THE BENEFIT OF MADISON AREA TECHNICAL COLLEGE AND ITS STUDENTS. 0 0 996999 996999 MATC FOUNDATION PROVIDES SCHOLARSHIPS SOLELY FOR STUDENTS OF THE MADISON AREA TECHNICAL COLLEGE.SCHOOL SCHOLARSHIPS: HELP STUDENTS AFFORD ACCESS TO THE COLLEGE AND REWARD ACADEMIC EXCELLENCE. 38474 38474 STUDENT GRANTS: PROVIDE SMALL AMOUNTS OF FINANCIAL ASSISTANCE TO RETAIN STUDENTS WHO ARE ENROLLED BUT ENCOUNTER FINANCIAL EMERGENCIES FOR WHICH THE STUDENTS DO NOT HAVE OTHER RESOURCES. 155785 155785 GENERAL PROGRAM SUPPORT: PROVIDES A MARK OF DISTINCTION BY ACQUIRING SUPPLIES, EQUIPMENT, FACILITY ENHANCEMENTS AND PROVIDING OTHER FUNDING FOR COLLEGE PRIORITIES THAT IS NOT AVAILABLE THROUGH THE COLLEGE BUDGET. 166389 166389 INNOVATION GRANTS: THE MADISON COLLEGE FOUNDATION INNOVATION GRANTS PROGRAM PROVIDES FUNDING TO STUDENTS, FACUTLY, AND STAFF FOR THE DEVELOPMENT AND IMPLEMENTATION OF HIGH QUALITY PROJECTS THAT SUPPORT COLLEGE GOALS AND/OR THE COLLEGE MISSION. FOUNDATION INNOVATION GRANTS FINANCE PROJECTS NOT NORMALLY FUNDED BY THE COLLEGE BUDGET OR OTHER SOURCES. EVIDENCE MUST BE PROVIDED THAT THE PROPOSED PROJECT IS LINKED TO A UNIT PLAN OR OTHER COLLEGE INITIATIVE AND HAS BEEN DISCUSSED WITH APPROPRIATE DEPARTMENT LEADERSHIP. MORE THAN $250,000 IN FUNDING HAS BEEN PROVIDED TO OVER 100 PROJECTS SINCE THE GRANTS PROGRAM WAS ESTABLISHED IN 1999. 166389 166389 1357647 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 1 10 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 X 22 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X ROBERT DINNDORF 6082466440 3550 ANDERSON ST MADISON WI 53704 LARRY BARTON 1.00 X 0 0 0 ASHOK BHARGAVA 5.00 X X 0 0 0 HOLLY CREMER BERKENSTADT 1.00 X 0 0 0 MAUREEN KENNEDY BOELTER 3.00 X X 0 0 0 DAVID J DEAN 2.00 X 0 116663 10761 GORDON DERZON 1.00 X 0 0 0 PAM DRUHAN 1.00 X 0 0 0 LAU CHRISTENSEN 1.00 X 0 0 0 PETER FOY 1.00 X 0 0 0 BENNETTE HARRIS 1.00 X 0 0 0 ANNETTE MILLER 1.00 X 0 0 0 LISA NELSON 1.00 X 0 0 0 DIANNE REDSTEN 1.00 X 0 0 0 JANET HARTUNG RENFERT 3.00 X X 0 0 0 JIM RIORDAN 1.00 X 0 0 0 ROBIN ROBERTS 1.00 X 0 0 0 MARY SCHMOEGER 1.00 X 0 0 0 MARY STRICKLAND 1.00 X 0 0 0 BOB TERCEK 1.00 X 0 0 0 TAMMY THAYER 2.00 X X 0 0 0 SUSAN LABELLE 1.00 X 0 0 0 DAVID VILLA 1.00 X 0 0 0 ROBERT DINNDORF 40.00 X 0 142271 25688 BETTSEY BARHORST 10.00 X 0 252612 29494 0 511546 65943 0 0 1 0 0 114987 1603201 125671 1718188 206403 206403 3863882 3760042 103840 103840 103840 34626 114987 34651 -25 -25 MISCELLANEOUS INCOME 900099 16512 16512 16512 2044918 0 0 326730 155785 155785 1160687 1160687 65000 65000 61617 61617 66192 66192 26113 26113 40268 40268 43 43 1838 1838 MISCELLANEOUS 13810 907 1020 11883 DONOR DEVELOPMENT 10795 10795 DONOR RECOGNITION 10080 10080 CATERING AND FOOD 8697 6905 1792 22447 11706 10741 1643372 1357647 240434 45291 849954 521725 208458 522423 13237 21609 0 1050 61164 0 0 61164 6979928 6864815 134121 132223 8185698 8125009 134265 35610 134265 35610 X 764611 771864 4210171 4001030 3076651 3316505 8051433 8089399 8185698 8125009 X 401546 -363580 X X 0 1 1 X 0 X 1834216 2357143 1757524 1675860 1718188 9342931 1834216 2357143 1757524 1675860 1718188 9342931 511850 8831081 121348 159551 120653 197609 206403 805564 8234 16512 24746 10173241 0.86810 0.91920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4271852 262718 129003 160664 4502909 3010180 474172 787500 4271852 2241024 281081 488075 3010180 2425343 247829 -432148 2241024 0 0 61164 61164 61164 2044918 1643372 401546 -363580 -363580 37966 1649797 -363580 -31541 -395121 2044918 0 2044918 1611831 34651 34651 1577180 66192 66192 1643372 PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 34,651. INVESTMENT EXPENSES NETTED WITH GAINS ON FINANCIAL STATEMENTS -66,192. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 34,651. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES NETTED WITH GAINS ON FINANCIAL STATEMENTS 66,192. CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY CO CA AR AZ AK AL REDSTEN GOLF CLASSIC 25223 13987 11236 6178 4640 3667 448 TURKEY TROT 14140 0 14140 6154 250 4442 1 110250 101000 9250 8872 149613 114987 34626 12332 4890 3667 13762 34651 -25 1 MADISON AREA TECHNICAL COLLEGE 3550 ANDERSON STREET MADISON WI 53704 391067818 501(C)(3) 155785 CAPITAL AND SPECIAL PROJECTS SCHOLARSHIPS 1286 996999 STUDENT GRANTS 99 38474 FOUNDATION INNOVATION GRANTS 11 4200 GIFTS-IN-KIND 0 0 121014 MARKET VALUE VARIOUS ITEMS TO ASSIST IN INSTRUCTIONS OF STUDENTS, SUCH AS CARS, COMPUTER EQUIPMENT, PROGRRAM EQUIPMENT, AND TOYS FOR CHILDREN. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE COLLEGE COUNSELORS REQUEST GRANTS FOR STUDENTS FROM FOUNDATION DONORS. THE DIRECTOR OF PROCESS AND OPERATIONS IN THE LEARNER DEVELOPMENT CENTER REVIEWS ALL REQUESTS FOR APPROPRIATE NEED AND FINANCIAL AID CRITERIA. IF IT IS DETERMINED THAT THE STUDENT INDEED NEEDS A GRANT, THE REQUEST IS SENT TO THE FOUNDATION ACCOUNTANT TO ISSUE THE CHECK, GAS CARD(S) AND/OR FOOD STORE CARD(S). SCHEDULE I, PART I, LINE 1: RECORDS SUBSTANTIATING THE AMOUNT OF GRANTS OR ASSISTANCE ARE MAINTAINED BY MADISON AREA TECHNICAL COLLEGE. THE FOUNDATION DOES NOT KEEP A SEPARATE SET OF RECORDS AND RELIES ON THE COLLEGE FOR THIS FUNCTION. X 1 1 X 0 0 0 0 0 0 0 0 0 ROBERT DINNDORF 0 142271 0 0 0 0 0 0 0 25688 0 167959 0 0 BETTSEY BARHORST 0 252612 0 0 0 0 0 0 0 29494 0 282106 0 0 PART I, LINE 1A SOCIAL CLUB DUES ARE CONSIDERED A MEMBERSHIP EXPENSE FOR THE FOUNDATION. THEY ARE NOT CONSIDERED COMPENSATION. COMPENSATION IS SET BY THE MADISON AREA TECHNICAL COLLEGE BOARD OF TRUSTEES USING ESTABLISHED PRACTICES. THESE PRACTICES GOVERN COMPENSATION OF STAFF ASSIGNED TO FOUNDATION-RELATED WORK. JANET RENFERT - PORTER SACK CPAS DIRECTOR 48692 BOOKKEEPING SERVICES 0 X EQUIPMENT & SUPPLIES 44 94864 X AUCTION ITEMS 75 10578 X OTHER 20 20228 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THERE IS NO PRIOR REVIEW. THE BOARD PRESIDENT OR THE EXECUTIVE DIRECTOR SIGNS THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C MADISON AREA TECHNICAL COLLEGE FOUNDATION BOARD AND STAFF MEMBERS ARE OBLIGATED TO ACT IN THE BEST INTEREST OF THE ORGANIZATION. THIS OBLIGATION REQUIRES THAT EMPLOYEES AND BOARD MEMBERS, IN THE PERFORMANCE OF FOUNDATION DUTIES, SEEK ONLY THE FURTHERANCE OF THE MISSION OF MADISON COLLEGE AND ITS RELATED FOUNDATION. AT ALL TIMES, EMPLOYEES AND BOARD MEMBERS ARE PROHIBITED FROM USING THE ORGANIZATION'S NAME OR PROPERTY, FOR PRIVATE PROFIT OR BENEFIT. EACH BOARD MEMBER SHALL SIGN THE CONFLICT OF INTEREST DISCLOSURE POLICY AT THE ANNUAL MEETING EACH YEAR. A. SCOPE-THE OFFICERS, EMPLOYEES, OR AGENTS OF THE FOUNDATION SHOULD NEITHER SOLICIT NOR ACCEPT GRATUITIES, FAVORS, OR ANYTHING OF MONETARY VALUE FROM CONTRACTORS/VENDORS. THIS IS NOT INTENDED TO PRECLUDE BONA-FIDE FUND RAISING-ACTIVITIES OF THE MADISON COLLEGE FOUNDATION. B. RELATIONSHIPS-NO BOARD MEMBER OR STAFF MEMBER OF THE FOUNDATION SHALL PARTICIPATE IN THE SELECTION, AWARD, OR ADMINISTRATION OF A PURCHASE FROM, OR CONTRACT WITH A VENDOR WHERE, TO THE KNOWLEDGE OF THE EMPLOYER OR BOARD MEMBER, ANY OF THE FOLLOWING HAS A FINANCIAL INTEREST IN THAT PURCHASE OR CONTRACT: 1. THE BOARD OR STAFF MEMBER; 2. ANY MEMBER OF THEIR IMMEDIATE FAMILY; 3. THEIR PARTNER; 4. AN ORGANIZATION IN WHICH ANY OF THE ABOVE IS AN OFFICER, DIRECTOR, OR EMPLOYEE; 5. A PERSON OR ORGANIZATION WITH WHOM ANY OF THE ABOVE INDIVIDUALS IS NEGOTIATING OR HAS ANY ARRANGEMEN CONCERNING PROSPECTIVE EMPLOYMENT. C. DISCLOSURE-ANY POSSIBLE CONFLICT OF INTEREST SHALL BE DISCLOSED BY THE PERSON OR PERSONS CONCERNED. D. BOARD ACTION-WHEN A CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE MADISON COLLEGE FOUNDATION BOARD OF DIRECTORS, THE INTERESTED PERSON(S) SHALL CALL IT TO THE ATTENTION OF THE BOARD OF DIRECTORS AND SAID PERSON(S) SHALL NOT VOTE ON THE MATTER. IN ADDITION, THE PERSON(S) SHALL NOT PARTICIPATE IN THE FINAL DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION AND SHALL RETIRE FROM THE ROOM DURING THE VOTE OF THE BOARD OF DIRECTORS. WHEN THERE IS DOUBT ABOUT WHETHER A CONFLICT EXISTS, THE MATTER SHALL BE RESOLVED BY VOTE OF THE BOARD OF DIRECTORS. THE VOTE SHALL EXCLUDE THE PERSON(S) INVOLVED IN THE SEEMING CONFLICT OF INTEREST. E. RECORD OF CONFLICT-THE OFFICIAL MINUTES OF THE BOARD OF DIRECTORS SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED AND THAT THE INTERESTED PERSON(S) WAS (WERE) NOT PRESENT DURING THE FINAL DISCUSSION OR VOTE AND DID NOT VOTE ON THE MATTER. F. SIGNATURE AND EFFECTIVE DATE-THE UNDERSIGNED AGREES TO ABIDE BY THIS CONFLICT OF INTEREST POLICY. THE DISCLOSURE STATEMENT SHALL BE SIGNED ANNUALLY BY EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR IS A COLLEGE EMPLOYEE. THE ADMINISTRATIVE SALARY SCHEDULE IS SET BY THE COLLEGE BOARD OF TRUSTEES FOR THE APPROXIMATELY 90 ADMINISTRATORS ON THIS SCHEDULE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE BY CONTACTING THE FOUNDATION OFFICE BY PHONE, EMAIL OR BY MAIL. AN ANNUAL REPORT IS SENT TO ALL DONORS. THE IRS 990 IS AVAILABLE ON OTHER WEBSITES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -363,580. THE PROCESS FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGE IN THE PAST YEAR. MADISON AREA TECHNICAL COLLEGE 3550 ANDERSON STREET MADISON WI 53704 391067818 EDUCATIONAL ORGANIZATION WI 501(C)(3) LINE 2 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 MADISON AREA TECHNICAL COLLEGE N 507396 MADISON AREA TECHNICAL COLLEGE B 155785 MADISON AREA TECHNICAL COLLEGE C 54017