NonprofitsNorthwood Technical College Foundation Inc

Northwood Technical College Foundation Inc

RICE LAKE, WI

Total revenue

$1.1M

Total expenses

$525K

Net assets

$7.2M

Grants received

$1.3M

31 grants

EIN

391313438

Tax year

2024

Mission

The northwood technical college foundation provides support to promote, develop, and expand quality education and services of northwood tech and to encourage the success and achievement of northwood tech students, faculty, staff and alumni.

Programs

5 programs

Other student supportthe foundation provides gas and grocery cards of $25 each for students who wouldn't otherwise have the funds to drive to class or purchase groceries; we also cover ged fees, nutrition baskets, meal vouchers, and a pantry for food, school supplies, and basic household goods on 3 of our 4 main campuses. The total provided for these items in fy25 was $62,587

Expenses: $63KGrants: $63K

Institutional support$53,273 was paid to the college from grants to support program equipment, as well as recruitment and retention activities.

Expenses: $53KGrants: $53K

Capital campaignthe second year of the capital campaign to support the medical laboratory education center, which houses the medical laboratory technician program, resulted in a grant for $23,000 paid to the college for related expenses.

Expenses: $23KGrants: $23K

Emergency grantsstudents in need of emergency support received $13,137 in grants to remove financial barriers.

Expenses: $13KGrants: $13K

Staff developmentstaff have the opportunity to apply for professional development grants each fall. Last year, the foundation provided $3,091 to cover expenses related to staff training.

Expenses: $3K

Financials

FY 2024

Revenue

Contributions & grants$770K
Program service revenue
Investment income$307K
Other revenue
Total revenue$1.1M

Expenses

Grants paid$381K
Salaries & benefits
Fundraising$2K
Other expenses$144K
Total expenses$525K
Total assets$7.3M
Net assets$7.2M

People

12 listed

NameRoleCompensation

SHAY HORTON

PRESIDENT

Board

1 hrs/wk

HEATHER MCABEE

VICE PRESIDENT

Board

1 hrs/wk

KEVIN BOREEN

TREASURER

Board

1 hrs/wk

BRAD GINGRAS

SECRETARY

Board

1 hrs/wk

LORI LABEREE

BOARD LIAISON

Board

1 hrs/wk

BECKY BIRCHMEIER

MEMBER

Board

1 hrs/wk

ROB BUEHLER

MEMBER

Board

1 hrs/wk

GREG CHRISTENSON

MEMBER

Board

1 hrs/wk

KEN DISHER

MEMBER

Board

1 hrs/wk

KEVIN JACOBSON

MEMBER

Board

1 hrs/wk

ROBERTA LINDEMANN

MEMBER

Board

1 hrs/wk

KIMBERLY PEARSON

EXECUTIVE DIRECTOR

Board

1 hrs/wk

Grants received

Showing 31 of 31

FromAmountPurposeYear
$126K
Funding in support of dental hygiene program and mobile dental training lab
2024
$13K
MED LAB REMODEL
2024
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$6K
VET TECH STUDENT SCHOLARSHIPS
2024
$52K
PROGRAM SUPPORT
2023
$30K
PROGRAM SUPPORT
2023
$13K
MED LAB REMODEL
2023
$10K
PROGRAM SUPPORT
2023
$6K
VET TECH STUDENT SCHOLARSHIPS
2023
$6K
For grant recipient's exempt purposes
2023
$60K
GENERAL OPERATING
2022
$55K
For grant recipient's exempt purposes
2022
$15K
GEN/OPER SUPPORT
2022
$15K
Medical Laboratory Technician Program
2022
$5K
UNRESTRICTED GENERAL
2022
$100K
For recipient's exempt purpose
2021
$24K
INDUSTRY 4.0 TECHNOLOGY
2021
$19K
For grant recipient's exempt purposes
2021
$19K
For grant recipient's exempt purposes
2021
$10K
Mechatronics: Power Transmission Componentry
2021
$50K
TO SUPPORT EQUIPMENT & TECHNOLOGY
2020
$8K
For grant recipient's exempt purposes
2018

Funded by

$1.3M from 22 funders · 31 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$106K · 5 grants · 2018–2023

Natl Christian Charitable Fdn Inc

$100K · 1 grant · 2020

Patricia Ann Emberg Charitable Trust

$84K · 2 grants · 2021–2022

Westfields Hospital Foundation Inc

$52K · 1 grant · 2023

The Chicago Community Trust

$50K · 1 grant · 2020

Details

EIN391313438
Subsection03
Ruling date1978-12
Formed1978
Employees0
Volunteers100
NORTHWOOD TECHNICAL COLLEGE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo