2025-03-13T06:32:54-05:00 2024-06-30 831819454 VRAKAS ADVISORS LLC 6309 60TH STREET SUITE 200 KENOSHA WI 53144 990 2023-07-01 391341603 MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC MILW 4142977687 700 W STATE STREET M66 MILWAUKEE WI 53233 MATTHEW PARTRIDGE TREASURER 4142977687 2025-02-08 1 1 PETER J SINSKY P00031015 2627970400 2023 2025-03-06 01:10:19Z JULIANNA EBERT 700 W STATE STREET M66 MILWAUKEE WI 53233 28932439 0 X WWW.MATC.EDU/FOUNDATION X 1979 WI SUPPORT MILWAUKEE AREA TECHNICAL COLLEGE BY RAISING FUNDS FOR SCHOLARSHIPS/PROGRAM SUPPORT. 17 17 0 24 0 0 14623774 14519026 0 0 766642 2134605 45575 46794 15435991 16700425 11835180 13187039 0 0 0 0 0 0 170697 780894 652406 12616074 13839445 2819917 2860980 38530809 42802673 475980 292801 38054829 42509872 X THE MATC FOUNDATION IS DEDICATED TO CREATING A PROSPEROUS REGION BY EXPANDING ACCESS TO EDUCATION AND ECONOMIC OPPORTUNITIES. AS THE COLLEGE'S PHILANTHROPIC PARTNER, WE BUILD DONOR RELATIONSHIPS TO FACILITATE PRIVATE INVESTMENTS THAT REMOVE BARRIERS TO EDUCATION, ACCELERATE CAREERS, AND DELIVER SKILLED TALENT TO THE MILWAUKEE AREA. 0 0 7098195 7098195 THE FOUNDATION ADMINISTERED $7,453,253 IN CONTRIBUTIONS FOR MILWAUKEE PBS (FORMERLY MILWAUKEE PUBLIC TELEVISION) AND AWARDED $7,453,253 IN PROGRAM SUPPORT. MILWAUKEE PBS IS OWNED AND OPERATED BY MILWAUKEE AREA TECHNICAL COLLEGE (MATC). 1438567 1438567 THE FOUNDATION PROVIDED $1,348,000 IN DIRECT PROGRAM SUPPORT TO MILWAUKEE AREA TECHNICAL COLLEGE IN PROGRAM AREAS THAT ARE STRATEGICALLY ALIGNED WITH STUDENTS' GOALS OF PURSUING FAMILY-SUPPORTING CAREERS AND EMPLOYERS' GOALS TO ACCESS A REGIONALLY-BASED, WELL-PREPARED WORKFORCE PIPELINE, INCLUDING SUPPORT FOR THE MATC DRIVE (FORMERLY REV UP)/ AL HURVIS PEAK TRANSPORTATION CENTER, THE EXPANSION OF THE REGISTERED NURSING PROGRAM, AND A PROGRAM THAT COVERED THE FEES FOR BOARD/LICENSE EXAM FEES FOR RECENT GRADUATES OF MATC'S HEALTHCARE PROGRAMS. IN ADDITION, THE FOUNDATION SERVED AS THE CONDUIT FOR $57,832 OF IN-KIND DONATIONS OF MATERIALS AND EQUIPMENT FOR MATC'S PROGRAMS. 4775535 4650277 THE FOUNDATION AWARDED $5,199,000 IN SCHOLARSHIPS AND EMERGENCY ASSISTANCE GRANTS, INCLUDING $407,000 TO PROMISE STUDENTS $2,781,000 TO CHECOTA STUDENTS AND $280,000 TO FROEDTERT (HEALTHCARE) STUDENTS. DURING THE 2023/24 SCHOOL YEAR, THE FOUNDATION PROVIDED SUPPORT TO 3,192 STUDENTS. 13312297 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X X JASON FLANDERS 4142977997 700 WEST STATE STREET S214 MILWAUKEE WI 53233 CHANTEL BYRD PRESIDENT 2.00 X X 0 0 0 JULIANNA EBERT SECRETARY 1.00 X X 0 0 0 DAVE MEGNA VICE PRESIDENT 1.00 X X 0 0 0 MATTHEW PARTRIDGE TREASURER 1.00 X X 0 0 0 JAMIE BERGER DIRECTOR 0.50 X 0 0 0 JIM COSCO DIRECTOR 0.50 X 0 0 0 EUGENE GILCHRIST DIRECTOR 0.50 X 0 0 0 VIOLA HAWKINS DIRECTOR 0.50 X 0 0 0 JAIME HURTADO DIRECTOR 0.50 X 0 0 0 SUSAN LUBAR DIRECTOR 0.50 X 0 0 0 TRACY LUBER DIRECTOR 0.50 X 0 0 0 EMILY PHILLIPS DIRECTOR 0.50 X 0 0 0 TIMOTHY SMITH DIRECTOR 0.50 X 0 0 0 ERICA CASE DIRECTOR 0.50 X 0 0 0 DANIELLE BERGNER DIRECTOR 0.50 X 0 0 0 RAJES NAMBOOTHIRY DIRECTOR 0.50 X 0 0 0 ANTHONY CRUZ DIRECTOR 0.50 X 0 0 0 LAURA BRAY EXECUTIVE DIRECTOR 15.00 25.00 X 0 192302 47070 JASON FLANDERS OPERATIONS DIRECTOR 40.00 X 0 109721 30047 VIRGINIA FINN CHIEF DEVELOPMENT OFFICER 40.00 X 0 129966 27857 0 431989 104974 0 0 1 0 0 14519026 553862 14519026 1105749 1105749 13260870 12232014 1028856 1028856 1028856 EVENT INCOME 611310 46794 46794 46794 16700425 46794 0 2134605 8536762 8536762 4650277 4650277 45562 45562 96620 96620 84719 84719 176541 34849 70990 70702 32749 32749 4670 4670 59884 24854 30285 4745 21000 5250 5250 10500 8730 2265 6465 10589 10589 OTHER EXPENSES 80885 12478 8230 60177 FUNDRAISING AND DEVELOP 24573 24573 DUES AND SUBSCRIPTIONS 5884 5884 13839445 13312297 356451 170697 805523 1756233 544967 74788 1349026 2005026 55987 32159 35775306 38934467 38530809 42802673 475980 292801 475980 292801 X 1614801 2519734 36440028 39990138 38054829 42509872 38530809 42802673 2860980 1594063 0 X 0 1 X 0 0 X 10266215 12665033 17075131 14559327 15067888 69633594 10266215 12665033 17075131 14559327 15067888 69633594 69633594 615998 640820 944364 943097 1105749 4250028 46485 12215 28838 45575 46794 179907 74063529 0.94020 0.93970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16450534 25080 1926425 528404 91188 17782447 15368989 77339 1705474 611587 89681 16450534 16754167 3319799 -2449220 2169435 86322 15368989 13332675 1832711 3944601 2274880 80940 16754167 12197410 2906987 308227 2032706 47243 13332675 0.73380 0.26620 0 0 0 18758631 1594063 548862 2142925 16615706 84719 84719 16700425 14303588 548862 548862 13754726 84719 84719 13839445 PART V, LINE 4: THE ENDOWMENT CONSISTS OF 78 INDIVIDUAL FUNDS ESTABLISHED BY DONORS TO PROVIDE ANNUAL FUNDING FOR SPECIFIC ACTIVITIES AND GENERAL OPERATIONS. THE ENDOWMENT ALSO INCLUDES CERTAIN NET ASSETS THAT HAVE BEEN DESIGNED FOR ENDOWMENT BY THE BOARD OF DIRECTORS TO BENEFIT THE MPBS. 1 MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 1433567 5000 MATERIALS AND EQUIPMENT FOR EDUCATIONAL AND RELATED NEEDS - EQUIPMENT AND MATERIALS; PAYMENT OF PROGRAM INVOICES DIRECTLY MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE STREET MILWAUKEE WI 53233 396003459 7098195 0 MILWAUKEE PBS OPERATING EXPENSES - PAYMENT OF MILWAUKEE PBS INVOICES DIRECTLY TO VENDORS 1 SCHOLARSHIPS AND EMERGENCY ASSISTANCE GRANTS 3192 4294800 PART I, LINE 2: THE MATC FOUNDATION (THE FOUNDATION) OPERATES AND MAINTAINS A COMPREHENSIVE RANGE OF FUNDSS THAT HAVE BEEN ESTABLISHED TO SUPPORT THE EDUCATIONAL AND STRATEGIC GOALS OF THE MILWAUKEE AREA TECHNICAL COLLEGE (MATC) AND ITS STUDENTS. THE FOUNDATION AWARDS A WIDE RANGE OF SCHOLARSHIPS TO STUDENTS ATTENDING MATC. ADDITIONALLY, THE FOUNDATION PROVIDES INSTITUTIONAL GRANTS THAT SUPPORT THE COLLEGE. SCHOLARSHIPS AND GRANTS ARE AWARDED BASED ON MEETING QUALIFYING CRITERIA. SCHOLARSHIPS ARE PAID DIRECTLY TO MATC AND ARE APPLIED TO STUDENTS' ACCOUNTS. OTHER EMERGENCY STUDENT ASSISTANCE GRANTS ARE PAID TO THIRD-PARTIES WHENEVER POSSIBLE. PROGRAM SUPPORT IS PAID TO MATC VIA AN INVOICE PROCESS. PART II, LINE 1, COLUMN (H): NAME OF ORGANIZATION OR GOVERNMENT: MILWAUKEE AREA TECHNICAL COLLEGE (H) PURPOSE OF GRANT OR ASSISTANCE: FOR EDUCTIONAL AND RELATED NEEDS - EQUIPMENT AND MATERIALS; PAYMENT OF PROGRAM INVOICES DIRECTLY TO VENDORS 0 0 0 0 0 0 0 0 0 LAURA BRAY EXECUTIVE DIRECTOR 0 192302 0 0 0 0 0 13077 0 33993 0 239372 0 0 VIRGINIA FINN CHIEF DEVELOPMENT OFFICER 0 129966 0 0 0 0 0 8838 0 19019 0 157823 0 0 X 1 86630 SALES PROCEEDS X DESIGN AIR - HVAC 1 11779 FMV X MILWAUKEE TOOL 1 8467 FMV X HEISER - CHARGING STATION 1 5000 FMV 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 PBS 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 NONVOTING MEMBER OF THE MATC FOUNDATION'S BOARD OF DIRECTORS. IN ADDITION, THE PRESIDENT OF MATC IS HIRED BY AND REPORTS TO THE DISTRICT BOARD AND SERVES AS A NONVOTING MEMBER OF THE MATC FOUNDATION'S BOARD OF DIRECTORS. THE FOUNDATION'S BYLAWS REFLECT THESE PRACTICES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWD BY THE EXECUTIVE DIRECTOR AND OPERATIONS 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 APPROPRIATE COURSE OF ACTION OR IF NO ACTION IS NEEDED. ALL OTHER FOUNDATION STAFF ALSO ANNUALLY DISCLOSE POTENTIAL CONFLICTS OF INTEREST, WHICH ARE REVIEWED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR COMPENSATION - THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF MATC (RELATED ORGANIZATION), WHICH IS RESPONSIBLE FOR COMPENSATION AND CONDUCTING ANNUAL PERFORMANCE REVIEWS. COMPENSATION IS BASED ON A COMPREHENSIVE PROCESS CONDUCTED BY MATC'S HUMAN RESOURCES DEPARTMENT AND INCLUDES COMPARATIVE DATA. KEY EMPLOYEES COMPENSATION - OTHER KEY EMPLOYEE(S) ARE EMPLOYEES OF MATC (RELATED ORGANIZATION), WHICH IS RESPONSIBLE FOR COMPENSATION AND CONDUCTING ANNUAL PERFORMANCE REVIEWS. COMPENSATION IS 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 ARE TECHNICAL COLLEGE FOUNDATION, INC MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. MILWAUKEE AREA TECHNICAL COLLEGE 700 W STATE MILWAUKEE WI 53233 396003459 EDUCATION WI GOVERNMENTAL UNIT 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0