Overview
What is Milwaukee Area Technical College Foundation Inc?
Milwaukee Area Technical College Foundation Inc is a charitable organization based in Milwaukee, Wisconsin, with a significant focus on supporting Milwaukee Area Technical College (MATC). Through fundraising efforts, the foundation has administered substantial contributions totaling $6,974,572 to Milwaukee PBS, formerly known as Milwaukee Public Television. Milwaukee PBS is an integral part of MATC. The foundation's mission is to engage individuals passionate about the college and the community it benefits, ultimately contributing to student success and learning enhancement at MATC.
Official website here: www.matc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Milwaukee Area Technical College Foundation Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The foundation scored exceptionally well, with a 100% rating in both Accountability & Finance and Culture & Community, indicating robust transparency and operational integrity. It boasts a fully independent board and has excellent financial practices, such as maintaining a low liabilities to assets ratio and high program expense efficiency.
Strengths of the organization include its solid governance practices, demonstrated by the presence of a majority of independent board members and comprehensive policies for conflict of interest, whistleblower protection, and document retention. The foundation's ability to maintain high program expenses indicates a strong focus on delivering impactful services to the community, which aligns with its mission to support the educational initiatives at Milwaukee Area Technical College.
Despite its many strengths, the data does not indicate any particular limitations or issues facing the foundation, suggesting a well-managed organization. The high ratings across various metrics signify a healthy financial state and a commitment to upholding ethical standards in its operations. Overall, the Milwaukee Area Technical College Foundation Inc stands out as a reliable and effective nonprofit dedicated to enhancing educational opportunities.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Milwaukee Area Technical College Foundation Inc?
80% of 444 reviewers on Facebook recommend the Milwaukee Area Technical College Foundation Inc. Here is a summary of their reviews:
Many individuals express a strong fondness for the institution, highlighting the enriching educational experience it provides. Reviewers appreciate the knowledgeable professors and the supportive interactions with fellow students. Positive sentiments regarding the learning environment are frequently mentioned, indicating that participants feel they have gained valuable skills and connections during their time at the college.
Overall, sentiments lean toward a commendable endorsement of the college's programs and community, as many alumni reflect positively on their educational journey and the impact it had on their lives. With a significant portion of the audience recommending the foundation, it appears to deliver on its mission effectively.
This AI summary has been generated from reviews found on Facebook.
Is Milwaukee Area Technical College Foundation Inc legitimate?
Milwaukee Area Technical College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Area Technical College Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.matc.edu/foundation
What is the mission statement of Milwaukee Area Technical College Foundation Inc?
The Milwaukee Area Technical College Foundation Inc supports the success of students at Milwaukee Area Technical College by raising funds for scholarships and program support. The foundation engages those passionate about the college and the community it benefits, enhancing learning opportunities. In the past, the foundation has administered significant contributions for Milwaukee Public Television, which is owned and operated by Milwaukee Area Technical College. These funds have been used to award program support worth over 6 million dollars.
Official website here: www.matc.edu/foundation
Who is the CEO of Milwaukee Area Technical College Foundation Inc?
Julianna Ebert is the President of Milwaukee Area Technical College Foundation Inc.
Official website here: www.matc.edu/foundation
What is the revenue of Milwaukee Area Technical College Foundation Inc?
Milwaukee Area Technical College Foundation Inc's revenue in 2022 was $18,292,742.
Official website here: www.matc.edu/foundation
Who are the executives of Milwaukee Area Technical College Foundation Inc and what are their salaries?
There 16 volunteers at Milwaukee Area Technical College Foundation Inc.
Here are 19 key members and their salaries:
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- Related: $168,635
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Official website here: www.matc.edu/foundation
Where can I find the form 990 for Milwaukee Area Technical College Foundation Inc?
Milwaukee Area Technical College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.matc.edu/foundation
Learn more at the official website: www.matc.edu/foundation
Mission Statement of Milwaukee Area Technical College Foundation Inc
Milwaukee Area Technical College Foundation, a charitable organization, is dedicated to enhancing the learning experience at Milwaukee Area Technical College (MATC) by securing funds for scholarships and program support. By engaging individuals who share a passion for the college and the community it serves, the Foundation plays a vital role in fostering student success at MATC.
In the past, the Foundation has made significant contributions to Milwaukee Public Television (now Milwaukee PBS), which is owned and operated by MATC. Their support amounted to $6,974,572 in contributions and an additional $6,344,067 in program funding. These funds have helped to elevate the educational opportunities available to students and the broader community. Milwaukee PBS is known for its commitment to providing high-quality, accessible educational content to viewers. With the Foundation's backing, the station can continue to expand its reach and impact.
The Milwaukee Area Technical College Foundation's mission extends beyond financial support. By raising funds and advocating for student needs, the organization fosters an environment that empowers students to succeed and thrive. This commitment to student success is a testament to the Foundation's unwavering dedication to the mission of Milwaukee Area Technical College.
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Impact
October, 2024
Milwaukee Area Technical College Foundation Inc significantly enhances educational opportunities in the community by raising essential funds for scholarships and program support. In recent years, the foundation has administered nearly $7 million in contributions, directly impacting the Milwaukee PBS, which operates under Milwaukee Area Technical College (MATC). Through these contributions, the foundation awarded over $6.3 million in program support, facilitating a rich learning environment for students. Its mission focuses on promoting student success and fostering a collaborative spirit among those passionate about the college and its community, ultimately contributing to the academic and professional growth of countless individuals. This engagement reflects a deep commitment to education and the betterment of the local community, creating lasting effects on individuals and the broader society.
This information is meant to be a general summary of Milwaukee Area Technical College Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,188,773
- Gross Receipts: $23,694,767
Assets and Liabilities:
- Total Assets: $33,356,211
- Total Liabilities: $334,235
- Net Assets: $33,021,976
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Organization Details
Founding Year
1979
Phone
(414) 297-7687Principal Officer
Julianna Ebert
Main Address
700 WEST STATE STREET NO S214, MILWAUKEE, WI, 532331443
Website
www.matc.edu/foundationNTEE Category
Code: B30 - Education
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