NonprofitsMadison Area Technical College Foundation Inc

Education

Madison Area Technical College Foundation Inc

MADISON, WI

Total revenue

$5.0M

Total expenses

$3.7M

Net assets

$25.0M

Grants received

$6.0M

84 grants

EIN

237265867

Tax year

2023

Mission

To support madison area technical college and their students.

Programs

4 programs

General program activities - madison area technical college foundation manages program funds on behalf of madison college departments to support their fundraising efforts.

Expenses: $660K

Grants -madison area technical college foundation, inc. Provides small amounts of financial assistance to retain students who are enrolled but encounter financial emergencies for which the students do not have other resources.

Expenses: $65KGrants: $65K

Capital campaign support for the college to support college strategic initiatives.

Expenses: $24KGrants: $24K

Campaign:stand by you campaign - the historic $30 million campaign has four important objectives:smart future scholarships - provide expanded student scholarships, which deliver funding for students to help them achieve their dreams in the 150+ professional fields that impact your community every day.emergency grants - assist students who face financial burdens such as lack of food, transportation issues, medical bills, family crises and other financial challenges.scholars of promise - this initiative benefits low-income recent high school graduates who have the motivation to complete their college education, but lack financial resources. We do this by providing financial aid and scholarships to cover the cost of tuition, in addition to providing wrap around support services and mentorship throughout their educational journey at madison college.planned gifts - help realize of our vision that no student be denied an education due to financial barriers.

0

Financials

FY 2023

Revenue

Contributions & grants$3.8M
Program service revenue$210K
Investment income$722K
Other revenue$311K
Total revenue$5.0M

Expenses

Grants paid$2.0M
Salaries & benefits$843K
Fundraising$364K
Other expenses$893K
Total expenses$3.7M
Total assets$26.4M
Net assets$25.0M

People

17 listed

NameRoleCompensation

TAMMY THAYER

CHIEF EXECUTIVE OFFICER

Board

$241K

40 hrs/wk

BILL BEISENSTEIN

PRESIDENT

Board

1 hrs/wk

DEBRA LANGE

SECRETARY

Board

1 hrs/wk

RUSSELL CANNON

DIRECTOR

Board

1 hrs/wk

GORDON DERZON

DIRECTOR (THRU 07/2023)

Board

1 hrs/wk

JOHN FELLER

DIRECTOR

Board

1 hrs/wk

MARIO GARCIA SIERRA

DIRECTOR

Board

1 hrs/wk

ROBIN ROBERTS

TREASURER

Board

1 hrs/wk

BETH JEFFERSON

DIRECTOR (THRU 05/2024)

Board

1 hrs/wk

MARSHALL MENNENGA

DIRECTOR

Board

1 hrs/wk

TIM O'BRIEN

DIRECTOR

Board

1 hrs/wk

JAMES RIORDAN

DIRECTOR

Board

1 hrs/wk

TRACY SCHWEITZER

DIRECTOR

Board

1 hrs/wk

CORY SIMMS

DIRECTOR (THRU 05/2024)

Board

1 hrs/wk

KATIE HOTTMANN

DIRECTOR

Board

1 hrs/wk

TODD LUDGATE

VICE PRESIDENT

Board

1 hrs/wk

CHAD MARGENAU

VP FINANCE AND OPERATIONS

Staff

$156K

40 hrs/wk

Grants received

Showing 84 of 84

FromAmountPurposeYear
$1M
GOODMAN SOUTH EARLY LEARNING CAMPUS
2024
$400K
GOODMAN SOUTH EARLY LEARNING CAMPUS
2024
$275K
FRAUTSCHI FAMILY PATHWAY SCHOLARSHIP FUND
2024
$200K
ECE SCHOLARSHIPS & SUPPORT
2024
$55K
GENERAL OPERATING SUPPORT
2024
$50K
SUPPORT OPERATIONS
2024
$37K
WBE SCHOLARSHIP AND STAND BY JACK PLEDGE
2024
$17K
Donor Designation for General Support
2024
$10K
GENERAL CHARITABLE PURPOSES
2024
$10K
OPERATIONS
2024
$325K
FRAUTSCHI FAMILY PATHWAY SCHOLARSHIP FUND
2023
$300K
GOODMAN SOUTH EARLY LEARNING CAMPUS
2023
$150K
ECE SCHOLARSHIP FUND SUPPORT
2023
$111K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$54K
TO SUPPORT SECONDARY AND POST SECONDARY COLLISION REPAIR TRAINING PROGRAMS.
2023
$50K
SUPPORT OPERATIONS
2023
$40K
GENERAL SUPPORT
2023
$22K
Donor Designation for General Support
2023
$6K
For grant recipient's exempt purposes
2023
$500
MATCHING GIFT
2023
$606K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$350K
GENERAL CHARITABLE PURPOSES
2022
$100K
EARLY CHILD EDUCATION SCHOLARSHIPS FOR STUDENTS & CHILD CARE SCHOLARSHIPS FOR STUDENTS' CHILDREN
2022
$82K
Funding for dental hygiene program expansion and scholarships
2022
$50K
WILLIAM T. EVJUE SCHOLARSHIP FUND
2022
$41K
For grant recipient's exempt purposes
2022
$33K
GENERAL SUPPORT
2022
$30K
Donor Designation for General Support
2022
$23K
TO SUPPORT SECONDARY AND POST SECONDARY COLLISION REPAIR TRAINING PROGRAMS.
2022
$19K
GENERAL SUPPORT
2022
$10K
GENERAL CHARITABLE PURPOSES
2022
$1K
MATCHING GIFT
2022
$100
VOLUNTEER GRANT
2022
$102K
For recipient's exempt purpose
2021
$99K
For grant recipient's exempt purposes
2021
$99K
For grant recipient's exempt purposes
2021
$40K
PROVIDE SCHOLARSHIPS
2021
$100
VOLUNTEER GRANT
2021
$50
MATCHING GIFTS
2021
$52K
For grant recipient's exempt purposes
2020
$51K
TO SUPPORT EQUIPMENT, TECHNOLOGY, STUDENT RECRUITMENT, AND OUTREACH FOR THE AGRICULTURE PROGRAM
2020
$50K
Madison College Stand by Jack Initiative
2020
$42K
Donor Designation for General Support
2020
$20K
STUDENT ACHIEVEMENT
2020
$17K
GENERAL ASSISTANCE
2020
$11K
TO SUPPORT SECONDARY AND POST SECONDARY COLLISION REPAIR TRAINING PROGRAMS.
2020
$11K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$10K
PROJECT SUPPORT FOR SCHOLARSHIPS.
2020
$10K
MADISON COLLEGE SCHOLARS OF PROMISE
2020
$10K
GENERAL CHARITABLE PURPOSES
2020
$10K
PROJECT SUPPORT FOR SCHOLARSHIPS.
2020
$5K
FINANCIAL AID FOR MATC GOODMAN SOUTH STUDENTS
2020
$5K
TO PROVIDE GENERAL SUPPORT.
2020
$5K
BUTCH'S LIL AMERICA SCHOLARSHIP
2020
$4K
SCHOLARSHIP AWARDS
2020
$3K
VISUAL & PERFORMING ART MAJOR SCHOLARSHIP AWARDS
2020
$3K
GENERAL SCHOLARSHIP AWARD FUND
2020
$41K
For grant recipient's exempt purposes
2019
$6K
FOOD AND HOUSING ASSISTANCE FOR COLLEGE STUDENTS DUE TO COVID-19
2019
$5K
GENERAL SUPPORT
2019
$150K
SUPPORT FOR SCHOLARSHIPS & CONSTRUCTION OF NEW SOUTH CAMPUS.
2018
$17K
GENERAL ASSISTANCE
2018
$15K
Dash Emergency Grant for Pell Grant Recipients
2018
$5K
GENERAL SUPPORT
2018
$23K
NURSING SCHOLARSHIPS
2017

Funded by

$6.0M from 29 funders · 84 grants · 2017–2024

The Roots And Wings Foundation Inc

$2.2M · 7 grants · 2022–2024

Madison Community Foundation

$1.0M · 11 grants · 2020–2024

Vanguard Charitable Endowment Program

$829K · 4 grants · 2020–2023

Donor Advised Charitable Giving Inc

$497K · 7 grants · 2017–2023

The Evjue Foundation Inc

$340K · 5 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$337K · 6 grants · 2019–2023

Summit Credit Union

$130K · 4 grants · 2020–2024

United Way Of Dane County Inc

$112K · 4 grants · 2020–2024

Details

EIN237265867
NTEE codeB124
Subsection03
Ruling date1973-03
Formed1973
Employees7
Volunteers15
MADISON AREA TECHNICAL COLLEGE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo