EIN 39-1341603

Milwaukee Area Technical College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1979
Most recent tax filings
2023-06-01
Description
The Milwaukee Area Technical College Foundation supports MATC by raising funds for scholarships and program support, engages those passionate about the college and the community it benefits, and provided $1,237,311 in direct program support to MATC. Additionally, the foundation administered $6,974,572 in contributions for Milwaukee PBS (formerly Milwaukee Public Television) and awarded $6,344,067 in program support. Milwaukee PBS is owned and operated by MATC.
Total revenues
$15,371,502
2023
Total expenses
$12,615,686
2023
Total assets
$38,530,809
2023
Num. employees
0
2023

Program areas at Milwaukee Area Technical College Foundation

The Foundation administered $7,286,803 in contributions for Milwaukee pbs (formerly Milwaukee public television) and awarded $7,118,896 in program support. Milwaukee pbs is owned and operated by Milwaukee Area Technical College (matc).
The Foundation awarded $2,919,271 in scholarships and emergency grant assistence to students, including $540,245 to 505 promise students.
The Foundation provided $1,773,541 in direct program support to matc, 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 $23,630 of in-kind donations of materials and equipment for matc's programs.

Who funds Milwaukee Area Technical College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Milwaukee Foundation (GMF)Milwaukee PBS$292,672
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$107,230
Milwaukee Area Workforce Investment Board (MAWIB)Workforce Investment Act Youth Activities$106,500
...and 21 more grants received totalling $923,471

Personnel at Milwaukee Area Technical College Foundation

NameTitleCompensation
Ginny FinnChief Development Officer
Laura M. BrayExecutive Director , Matc Foundation$0
Jason FlandersDirector , Finance and Operations$0
Chantel ByrdPresident$0
Dave MegnaVice President$0
...and 8 more key personnel

Financials for Milwaukee Area Technical College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$14,559,282
Program services$0
Investment income and dividends$943,097
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-176,452
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$45,575
Total revenues$15,371,502

Form 990s for Milwaukee Area Technical College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-03-28990View PDF
2021-062022-06-10990View PDF
2020-062021-04-15990View PDF
2019-062020-08-26990View PDF
...and 9 more Form 990s
Data update history
August 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 25, 2024
Updated personnel
Identified 5 new personnel
July 15, 2024
Received grants
Identified 5 new grant, including a grant for $106,500 from Milwaukee Area Workforce Investment Board (MAWIB)
July 11, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 7 new grant, including a grant for $292,672 from Greater Milwaukee Foundation (GMF)
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
700 W State St No S214
Milwaukee, WI 53233
Metro area
Milwaukee-Waukesha, WI
County
Milwaukee County, WI
Website URL
matc.edu/error.html 
Phone
(414) 297-7687
IRS details
EIN
39-1341603
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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