EIN 23-7265867

Madison College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
1973
Most recent tax filings
2022-06-01
Description
The Madison Area Technical College Foundation, Inc. solicits, manages, and distributes gifts from alumni, corporations, foundations, community organizations, and other friends of the College.
Also known as...
Madison Area Technical College Foundation
Total revenues
$4,171,287
2022
Total expenses
$2,699,863
2022
Total assets
$19,547,707
2022
Num. employees
7
2022

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
Schwab Charitable FundEducation$111,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$102,083
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$98,570
...and 24 more grants received totalling $682,185

Personnel at Madison College Foundation

NameTitleCompensation
Tammy ThayerChief Executive Officer$219,155
Chad MargenauVice President , Finance and Operations / Vice President Finance and Operations$142,232
Maggie Porter KratzVice President of Philanthropy
Kayla RieseSenior Director of Marketing and Philanthropy Office
Ruth ShoupScholarship and Creative Director
...and 9 more key personnel

Financials for Madison College Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$2,740,789
Program services$373,930
Investment income and dividends$233,948
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$525,952
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$296,668
Total revenues$4,171,287

Form 990s for Madison College Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-04-13990View PDF
2019-062020-10-15990View PDF
2018-062019-09-14990View PDF
2017-062018-05-14990View PDF
2016-062017-08-08990View PDF
...and 6 more Form 990s

Organizations like Madison College Foundation

OrganizationLocationRevenue
Colorado Mountain College FoundationGlenwood Springs, CO$6,420,205
Schenectady County Community College FoundationSchenectady, NY$1,084,149
Ventura College FoundationVentura, CA$4,130,513
Sierra College FoundationRocklin, CA$2,297,129
Saddleback College FoundationMission Viejo, CA$2,051,430
Herkimer County College FoundationHerkimer, NY$1,378,994
Cowley College FoundationArkansas City, KS$1,731,602
Illinois Valley Community College FoundationOglesby, IL$1,424,751
Pasadena City College FoundationPasadena, CA$5,699,349
Monterey Peninsula College FoundationMonterey, CA$2,609,037
Data update history
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $30,000 from Lau and Bea Christensen Charitable Foundation
August 3, 2022
Received grants
Identified 14 new grant, including a grant for $1,500,000 from Irwin A & Robert D Goodman Foundation
September 24, 2021
Received grants
Identified 2 new grant, including a grant for $10,000 from Irving and Dorothy Levy Family Foundation
September 23, 2021
Received grants
Identified 7 new grant, including a grant for $50,000 from Evjue Foundation
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportProvides scholarshipsTax deductible donations
General information
Address
3591 Anderson St 203a
Madison, WI 53704
Metro area
Madison, 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
B42: Undergraduate College (4-year)
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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