EIN 23-7265867

Madison College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
1973
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Madison College Foundation enhances access to education by raising and distributing funds, supporting students and programs at Madison College.
Also known as...
Madison Area Technical College Foundation
Total revenues
$5,512,141
2023
Total expenses
$3,265,175
2023
Total assets
$23,630,068
2023
Num. employees
7
2023

Program areas at Madison College Foundation

Scholarships - Madison Area Technical College Foundation, Inc. Provides scholarships solely for students of the Madison Area Technical College. School scholarships help students afford access to the College and reward academic excellence.
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.
General program activities - Madison Area Technical College Foundation manages program funds on behalf of Madison College departments to support their fundraising efforts.
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.

Who funds Madison College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$606,000
The Oscar Rennebohm FoundationEducation$110,000
The Roots and Wings FoundationEarly Child Education Scholarships for Students & Child Care Scholarships for Students' Children$100,000
...and 34 more grants received totalling $1,358,147

Personnel at Madison College Foundation

NameTitleCompensation
Tammy ThayerChief Executive Officer$240,737
Chad MargenauVice President , Finance and Operations$147,319
Bryan WoodhouseVice President of Development
Margaret KratzVice President of Philanthropy$100,017
Ruth ShoupScholarship and Creative Senior Director
...and 11 more key personnel

Financials for Madison College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$4,164,607
Program services$417,964
Investment income and dividends$298,652
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$306,123
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$324,795
Total revenues$5,512,141

Form 990s for Madison College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-14990View PDF
2022-062022-11-07990View PDF
2021-062022-03-09990View PDF
2020-062021-04-13990View PDF
2019-062020-10-15990View PDF
...and 9 more Form 990s

Organizations like Madison College Foundation

OrganizationLocationRevenue
Foothill-Deanza Community Colleges FoundationLos Altos Hills, CA$5,298,234
Nfa FoundationNorwich, CT$3,730,231
Eastern Arizona College FoundationThatcher, AZ$2,463,835
Montana State University-Northern FoundationHavre, MT$3,113,318
Northwestern Oklahoma State University FoundationAlva, OK$5,788,359
University of Maine Pulp and Paper FoundationOrono, ME$1,744,030
Emporia State University FoundationEmporia, KS$23,571,806
University of North Florida FoundationJacksonville, FL$17,199,983
Park City Education FoundationPark City, UT$4,777,168
Chadron State FoundationChadron, NE$2,681,948
Data update history
November 2, 2024
Updated personnel
Identified 3 new personnel
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $30,000 from Lau and Bea Christensen Charitable Foundation
August 10, 2024
Received grants
Identified 10 new grant, including a grant for $110,000 from The Oscar Rennebohm Foundation
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
State / local levelEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
3591 Anderson St 203a
Madison, WI 53704
Metro area
Madison, WI
County
Dane County, WI
Website URL
supportmadisoncollege.org/ 
Phone
(608) 246-6441
IRS details
EIN
23-7265867
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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