2026-04-16T14:03:38-05:00 2025-06-30 393647910 WIPFLI ADVISORY LLC 2501 W BELTLINE HWY STE 501 MADISON WI 53713 990 2024-07-01 237265867 MADISON AREA TECHNICAL COLLEGE FOUNDATION INC MADI 6082466441 3591 ANDERSON STREET 203A MADISON WI 53704 BRYAN WOODHOUSE CHIEF EXECUTIVE OFFICER 6082466441 2026-04-16 1 1 QUINN DUGAN P02267768 6082741980 2026-03-11 2024 2025-03-06 01:10:19Z MADISON COLLEGE FOUNDATION BRYAN WOODHOUSE 3591 ANDERSON STREET 203A MADISON WI 53704 6768986 0 X WWW.SUPPORTMADISONCOLLEGE.ORG X 1973 WI TO SUPPORT MADISON AREA TECHNICAL COLLEGE AND THEIR STUDENTS. 11 11 7 13 0 0 3771977 5044562 209530 124924 721847 1238588 310875 360912 5014229 6768986 1985905 5693808 0 0 843475 1123165 0 0 524350 893192 914735 3722572 7731708 1291657 -962722 26412340 27208443 1363613 1946615 25048727 25261828 X THE MISSION OF MADISON AREA TECHNICAL COLLEGE FOUNDATION IS TO ENRICH LIVES AND STRENGTHEN OUR COMMUNITY THROUGH THE ACQUISITION OF PRIVATE FUNDING IN SUPPORT OF HIGH QUALITY OPEN ACCESS EDUCATION AT MADISON COLLEGE. 0 0 2444864 2444864 0 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. 613477 0 124924 GENERAL PROGRAM ACTIVITIES - MADISON AREA TECHNICAL COLLEGE FOUNDATION MANAGES PROGRAM FUNDS ON BEHALF OF MADISON COLLEGE DEPARTMENTS TO SUPPORT THEIR FUNDRAISING EFFORTS. 118944 118944 0 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. 0 0 0 CAMPAIGN - THE STAND BY YOU CAMPAIGN IS COMPLETE AS OF THE END OF FY25.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. 3130000 3130000 0 CAPITAL PROJECT SUPPORT. 3130000 3130000 0 6307285 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 26 0 7 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 0 WI X BRYAN WOODHOUSE 6082466441 3591 ANDERSON STREET SUITE 203A MADISON WI 53704 TAMMY THAYER CHIEF EXECUTIVE OFFICER 40.00 X 252436 0 15246 CHAD MARGENAU VP FINANCE AND OPERATIONS (THRU 01/2025) 40.00 X 160317 0 24694 BRYAN WOODHOUSE VP OF DEVELOPMENT 40.00 X 150541 0 30436 BILL BEISENSTEIN PRESIDENT 1.00 X X 0 0 0 TODD LUDGATE VICE PRESIDENT 1.00 X X 0 0 0 ROBIN ROBERTS TREASURER 1.00 X X 0 0 0 DEBRA LANGE SECRETARY 1.00 X X 0 0 0 TURINA BAKKEN DIRECTOR 1.00 X 0 0 0 RUSSELL CANNON DIRECTOR 1.00 X 0 0 0 JOHN FELLER DIRECTOR 1.00 X 0 0 0 MARIO GARCIA SIERRA DIRECTOR 1.00 X 0 0 0 KATIE HOTTMANN DIRECTOR 1.00 X 0 0 0 MARSHALL MENNENGA DIRECTOR 1.00 X 0 0 0 TIM O'BRIEN DIRECTOR (THRU 02/2025) 1.00 X 0 0 0 JAMES RIORDAN DIRECTOR (THRU 05/2025) 1.00 X 0 0 0 TRACY SCHWEITZER DIRECTOR 1.00 X 0 0 0 563294 0 70376 3 0 1 0 0 5044562 122187 5044562 RENTAL REVENUE 531120 124924 124924 124924 518524 518524 720064 0 720064 720064 720064 360912 360912 360912 6768986 124924 0 1599500 3130000 3130000 2563808 2563808 296793 65569 128459 102765 652637 96709 294134 261794 35463 7834 15349 12280 74672 16498 32319 25855 63600 11117 28887 23596 4804 4804 22000 22000 9479 9479 61498 11698 49800 36451 36451 9633 9633 57549 21756 21553 14240 87435 87435 38036 31195 6841 15924 15924 132399 132399 18354 18354 COLLEGE PROGRAMMING 393994 393994 27179 27179 7731708 6307285 900073 524350 681750 395819 2501311 1881808 1626631 1100576 20206 23527 73075 65168 4269522 1415075 2954658 2854447 17144834 19483087 227395 244529 1182480 1159482 26412340 27208443 132091 663348 0 34962 0 26648 1231522 1221657 1363613 1946615 X 3645492 3853076 21403235 21408752 25048727 25261828 26412340 27208443 -962722 1175823 0 X X 0 1 X 1 0 X 4488015 2740789 4164607 3771977 5044562 20209950 4488015 2740789 4164607 3771977 5044562 20209950 5611763 14598187 244702 233948 298652 480975 518524 1776801 252266 296668 324795 310875 360912 1545516 23532267 1500278 0.62030 0.66500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13515562 411145 1761755 672609 15015853 12339672 248909 1566545 639564 13515562 10458891 1443914 991231 554364 12339672 12109480 523041 -1591915 581715 10458891 9885140 543160 2221297 540117 12109480 0.00000 0.75343 0.24657 0 0 4257632 1414844 2842788 11890 231 11659 2854447 FINANCE LEASE OBLIGATION 1221657 1221657 X 7935330 1175823 1175823 6759507 9479 9479 6768986 7722229 0 7722229 9479 9479 7731708 PART V, LINE 4: ALL ENDOWMENTS ARE FOR THE PURPOSE OF PROVIDING CONTINUAL FINANCIAL SUPPORT TO MADISON AREA TECHNICAL COLLEGE FOUNDATION, INC. TO SUPPORT MADISON COLLEGE IN ITS COMMITMENT TO INCREASE ACCESS SO THAT NO STUDENT WILL BE DENIED AN EDUCATION DUE TO FINANCIAL BARRIERS. PART X, LINE 2: THE FOUNDATION IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FOUNDATION HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. 1 MADISON AREA TECHNICAL COLLEGE 1701 WRIGHT STREET MADISON WI 53704 391067818 STATE OF WI 3130000 0 ADVISOR GRANT, COLLEGE PROGRAMMING AND CAPITAL PROJECTS 1 0 SCHOLARSHIPS 1998 2444864 STUDENT GRANTS 116 118944 PART I, LINE 2: THE COLLEGE FINANCIAL AID STAFF REVIEW STUDENT GRANT REQUESTS AND DETERMINE FINANCIAL NEED BASED ON DONOR ESTABLISHED CRITERIA. IF IT IS DETERMINED THAT THE STUDENT NEEDS AND IS ELIGIBLE FOR A GRANT, THE APPROVED REQUESTS ARE SENT TO THE FOUNDATION ACCOUNTANT FOR PROCESSING. THE CHIEF EXECUTIVE OFFICER SIGNS THE CHECKS FOR ALL GRANT DISBURSEMENTS. AVERAGE GRANTS ARE $500 PER INDIVIDUAL. X 1 1 X X 0 0 0 0 0 0 0 0 0 TAMMY THAYER CHIEF EXECUTIVE OFFICER 217436 0 35000 0 0 0 0 0 15246 0 267682 0 0 0 CHAD MARGENAU VP FINANCE AND OPERATIONS (THRU 01/2 142817 0 17500 0 0 0 10279 0 14415 0 185011 0 0 0 BRYAN WOODHOUSE VP OF DEVELOPMENT 140541 0 10000 0 0 0 0 0 30436 0 180977 0 0 0 PART I, LINE 1A THE CHIEF EXECUTIVE OFFICER AND THE VP OF DEVELOPMENT HAD THEIR ROTARY CLUB DUES PAID BY THE ORGANIZATION. NO PART OF THIS BENEFIT WAS TREATED AS TAXABLE COMPENSATION. X 1 400 COST OF DONATED PROPERTY X 13 45200 COST OF DONATED PROPERTY X NEW AND USED OPHTHALMOLOGY EQUIPMENT (FULL LIST AVAILABLE SEPARATELY) 1 30000 COST OF DONATED PROP X VET TECH GAS STERILIZERS WITH TRAINING MATERIALS 2 22587 COST OF DONATED PROP X QUILTING MACHINE, BOOKS, AND BINS OF FABRIC 1 9400 COST OF DONATED PROP X AUTOMOTIVE TOOLS AND ALIGNMENT MACHINE 2 5000 COST OF DONATED PROP X DENTAL SUPPLIES 5 4800 COST OF DONATED PROP X BAKING & DECORATING RESOURCE BOOKS, MOLDS, PANS, TOOLS, CAKE STANDS 1 4500 COST OF DONATED PROP X CONGA DRUMS 1 300 COST OF DONATED PROP 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C MADISON AREA TECHNICAL COLLEGE FOUNDATION BOARD AND STAFF MEMBERS ARE OBLIGATED TO ACT IN THE BEST INTEREST OF THE ORGANIZATION. THIS OBLIGATION REQUIRES THAT EMPLOYEES AND BOARD MEMBERS, IN THE PERFORMANCE OF FOUNDATION DUTIES, SEEK ONLY THE FURTHERANCE OF THE MISSION OF MADISON AREA TECHNICAL COLLEGE FOUNDATION, INC. AND ITS RELATED FOUNDATION. AT ALL TIMES, EMPLOYEES AND BOARD MEMBERS ARE PROHIBITED FROM USING THE ORGANIZATION'S NAME OR PROPERTY, FOR PRIVATE PROFIT OR BENEFIT. EACH BOARD MEMBER SHALL SIGN THE CONFLICT OF INTEREST DISCLOSURE POLICY AT THE ANNUAL MEETING EACH YEAR. WHEN A CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE MADISON COLLEGE FOUNDATION BOARD OF DIRECTORS, THE INTERESTED PERSON(S) SHALL CALL IT TO THE ATTENTION OF THE BOARD OF DIRECTORS AND SAID PERSON(S) SHALL NOT VOTE ON THE MATTER. IN ADDITION, THE PERSON(S) SHALL NOT PARTICIPATE IN THE FINAL DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION AND SHALL RETIRE FROM THE ROOM DURING THE VOTE OF THE BOARD OF DIRECTORS. WHEN THERE IS A DOUBT ABOUT WHETHER A CONFLICT EXISTS, THE MATTER SHALL BE RESOLVED BY VOTE OF THE BOARD OF DIRECTORS. THE VOTE SHALL EXCLUDE THE PERSON(S) INVOLVED IN THE SEEMING CONFLICT OF INTEREST. THE OFFICIAL MINUTES OF THE BOARD OF DIRECTORS SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED AND THAT THE INTERESTED PERSON(S) WAS (WERE) NOT PRESENT DURING THE FINAL DISCUSSION OR VOTE AND DID NOT VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF EXECUTIVE OFFICER'S SALARY IS SET BY THE FOUNDATION BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION USING COMPARABILITY DATA TO DETERMINE COMPENSATION AND THEN MAKES A FINAL RECOMMENDATION TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC CHAD MARGENAU - 5728 LAKE EDGE RD, MCFARLAND, WI 53558-8703. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES MADE FROM PRIOR YEAR.