Wctc Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
WCTC FOUNDATION INC. IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO SECURE CHARITABLE RESOURCES HELPING THE STUDENTS OF WAUKESHA COUNTY TECHNICAL COLLEGE (WCTC) ACHIEVE THEIR EDUCATIONAL GOALS. THE ORGANIZATION SOLICITS, HOLDS, INVESTS, AND EXPENDS DONOR FUNDS.
- Income
- $2.4 million
- Spending
- $1.1 million
- Spent on programs
- 72%
- Reserves
- 33.2 months of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 5
- Volunteers
- 19
- Highest pay
- $125,386, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 79% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 33.2 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 55% of income.
Income trend
15 of 15Income rose 65% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 2513 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $767,645 spent. THE WCTC FOUNDATION, INC. IS A NONPROFIT ORGANIZATION ORGANIZED EXCLUSIVELY TO SUPPORT WAUKESHA COUNTY TECHNICAL COLLEGE ("WCTC"), ITS EDUCATIONAL PROGRAMS, AND ITS STUDENTS THROUGH THE SOLICITATION, STEWARDSHIP, INVESTMENT, AND DISTRIBUTION OF CHARITABLE GIFTS, GRANTS, SCHOLARSHIPS, ENDOWMENT FUNDS, AND BEQUESTS. THE FOUNDATION ADVANCES STUDENT SUCCESS, WORKFORCE DEVELOPMENT, AND COMMUNITY IMPACT BY PROVIDING FINANCIAL RESOURCES THAT ENHANCE EDUCATIONAL ACCESS, ACADEMIC ACHIEVEMENT, AND CAREER READINESS.DURING THE FISCAL YEAR ENDED JUNE 30, 2025, THE FOUNDATION EXPANDED ITS SUPPORT OF WCTC STUDENTS AND INSTITUTIONAL INITIATIVES THROUGH SCHOLARSHIPS, CAPITAL CAMPAIGN FUNDRAISING, DONOR ENGAGEMENT, STUDENT ASSISTANCE PROGRAMS, AND STRATEGIC PARTNERSHIPS WITH BUSINESSES, COMMUNITY ORGANIZATIONS, AND PHILANTHROPIC LEADERS. THE FOUNDATION AWARDED MORE THAN $343,000 IN SCHOLARSHIPS THROUGH 512 SCHOLARSHIP AWARDS BENEFITING 332 STUDENTS ACROSS MORE THAN 170 ACADEMIC PROGRAMS. SCHOLARSHIP SUPPORT REDUCED FINANCIAL BARRIERS FOR STUDENTS PURSUING CAREERS IN HEALTHCARE, MANUFACTURING, ENGINEERING, BUSINESS, PUBLIC SAFETY, DESIGN, CULINARY ARTS, SKILLED TRADES, AND OTHER HIGH-DEMAND WORKFORCE FIELDS. AWARDS RANGED FROM $250 TO MORE THAN $2,500 AND INCLUDED BOTH GENERAL AND DONOR-ESTABLISHED NAMED SCHOLARSHIPS.THE FOUNDATION ALSO ADMINISTERED AND EXPANDED CHARITABLE GIVING OPPORTUNITIES THROUGH ENDOWED SCHOLARSHIP FUNDS, PLANNED GIVING AND LEGACY GIFTS, DONOR-ADVISED SUPPORT, TARGETED PROGRAM CONTRIBUTIONS, AND CAPITAL CAMPAIGN INITIATIVES. DURING THE YEAR, THE FOUNDATION MANAGED APPROXIMATELY $10.4 MILLION IN TOTAL ASSETS, INCLUDING MORE THAN $9.2 MILLION IN INVESTMENTS DEDICATED TO SUPPORTING LONG-TERM EDUCATIONAL AND SCHOLARSHIP OPPORTUNITIES FOR WCTC STUDENTS AND PROGRAMS.IN SEPTEMBER 2024, THE FOUNDATION LAUNCHED A MAJOR CAPITAL CAMPAIGN SUPPORTING WCTC'S APPLIED ARTIFICIAL INTELLIGENCE ("APPLIED AI") INITIATIVES AND FUTURE WORKFORCE TRAINING EXPANSION. THE CAMPAIGN RECEIVED TRANSFORMATIONAL EARLY SUPPORT THROUGH A $1 MILLION COMMITMENT FROM JOEL QUADRACCI AND FAMILY AND CONTINUED TO GENERATE SUBSTANTIAL COMMUNITY AND CORPORATE SUPPORT FROM REGIONAL EMPLOYERS, BUSINESSES, FOUNDATIONS, AND PHILANTHROPIC PARTNERS. CAMPAIGN PROCEEDS WILL SUPPORT THE DEVELOPMENT OF INNOVATIVE EDUCATIONAL SPACES AND TECHNOLOGIES DESIGNED TO PREPARE STUDENTS FOR CAREERS IN EMERGING INDUSTRIES AND STRENGTHEN WORKFORCE READINESS THROUGHOUT SOUTHEASTERN WISCONSIN.THE FOUNDATION FURTHER SUPPORTED WORKFORCE DEVELOPMENT AND INSTRUCTIONAL INNOVATION THROUGH PARTNERSHIPS BENEFITING SPECIALIZED LEARNING ENVIRONMENTS AND HANDS-ON TRAINING INITIATIVES. DURING THE YEAR, CHARITABLE SUPPORT HELPED ADVANCE PROJECTS INCLUDING THE APPLIED AI LAB AND THE GENERAC HUMAN PATIENT SIMULATION LAB, WHICH PROVIDES ADVANCED SIMULATION TECHNOLOGY AND EXPERIENTIAL LEARNING OPPORTUNITIES FOR EMERGENCY MEDICAL SERVICES, HEALTHCARE, AND FIRST RESPONDER TRAINING PROGRAMS.THE FOUNDATION CONTINUED TO ADDRESS STUDENT BASIC NEEDS THROUGH SUPPORT OF THE WCTC CAMPUS CUPBOARD, A FREE STUDENT FOOD PANTRY SERVING STUDENTS EXPERIENCING FOOD INSECURITY. DURING THE 20242025 ACADEMIC YEAR, CAMPUS CUPBOARD USAGE INCREASED BY APPROXIMATELY 33%, REFLECTING INCREASED STUDENT DEMAND AND AWARENESS OF AVAILABLE SUPPORT SERVICES. FOUNDATION FUNDING AND DONOR CONTRIBUTIONS HELPED PROVIDE FOOD AND ESSENTIAL RESOURCES THAT ENABLED STUDENTS TO REMAIN FOCUSED ON THEIR EDUCATION AND PERSIST TOWARD DEGREE COMPLETION.ADDITIONAL FOUNDATION ACTIVITIES DURING THE YEAR INCLUDED FUNDRAISING EVENTS, DONOR STEWARDSHIP INITIATIVES, VOLUNTEER ENGAGEMENT, ALUMNI AND COMMUNITY OUTREACH, AND RECOGNITION PROGRAMS HONORING LEADERSHIP AND PHILANTHROPY IN SUPPORT OF TECHNICAL EDUCATION. THE FOUNDATION IS GOVERNED BY A VOLUNTEER BOARD OF DIRECTORS AND SUPPORTED BY STAFF AND COMMUNITY ADVOCATES COMMITTED TO STRENGTHENING EDUCATIONAL OPPORTUNITIES, EXPANDING ACCESS TO WORKFORCE TRAINING, AND SUPPORTING THE LONG-TERM SUCCESS OF WCTC STUDENTS AND THE COMMUNITIES THEY SERVE.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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