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Milwaukee Area Technical College Foundation Inc

EIN 39-1341603 · Milwaukee, WI

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair65 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

AS THE COLLEGE'S PHILANTHROPIC PARTNER, MILWAUKEE AREA TECHNICAL COLLEGE (MATC) FOUNDATION'S MISSION IS TO BUILD DONOR RELATIONSHIPS TO FACILITATE PRIVATE INVESTMENTS THAT REMOVE BARRIERS TO EDUCATION, ACCELERATE CAREERS, AND DELIVER SKILLED TALENT TO THE MILWAUKEE AREA. THE FOUNDATION ALSO SERVES AS THE FINANCIAL STEWARD OF PRIVATE DONATIONS TO MILWAUKEE PBS, A VIEWER-SUPPORTED SERVICE OF MATC.

Income
$14.8 million
Spending
$14.1 million
Spent on programs
96%
Reserves
2.8 months of spending
Largest source of income
donations and private grants, 80%
Employees
0
Volunteers
20

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

Fair: 65 out of 100. Higher than 55% of charities in its peer group (education, $10m to $100m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.8 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 5% of income.

  • Income trend

    5 of 15

    Income fell 11% on the year before.

  • Spending floor

    15 of 15

    96% of spending went to programs and raising each dollar of donations cost 1 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 50% of charities in its peer group (education, $10m to $100m).

  • Independent board

    25 of 25

    19 of 19 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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)
  1. $13.6 million spent. MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION, INC. SECURES COMMUNITY INVOLVEMENT WITH, INCLUDING FINANCIAL SUPPORT OF, MILWAUKEE AREA TECHNICAL COLLEGE (MATC). THE SPECIFIC PURPOSES OF THE FOUNDATION ARE TO SOLICIT, HOLD, MANAGE, INVEST, AND EXPEND CONTRIBUTIONS, GRANTS, AND BEQUESTS (INCLUDING ENDOWMENT GIFTS) EXCLUSIVELY FOR THE MAINTENANCE, SUPPORT, AND BENEFIT OF MATC.THE FOUNDATION IS THE FISCAL SPONSOR FOR MILWAUKEE PBS (MPBS), A PROGRAM OF MATC. MPBS CONSISTS OF TWO TRADITIONAL TELEVISION STATIONS, WMVS AND WMVT, WHICH ARE LICENSED TO MATC; FOUR DIGITAL TELEVISION SERVICES; A STATE-OF-THE-ART PRODUCTION FACILITY; THE WEBSITE MPBS.ORG; AND THE MONTHLY MAGAZINE FINE TUNING. MPBS ALSO SERVES AS THE HANDS-ON TRAINING FACILITY FOR MATC STUDENTS ENROLLED IN THE TELEVISION AND VIDEO PRODUCTION PROGRAM. DURING THE 2024/25 ACADEMIC YEAR, THE FOUNDATION SUPPORTED STUDENT SUCCESS THROUGH THE AWARDING OF $5,408,778 IN SCHOLARSHIPS AND EMERGENCY ASSISTANCE GRANTS. WITH AN EMPHASIS ON SUPPORTING STUDENT PERSISTENCE AND GRADUATION, AWARDS WERE DESIGNED TO REMOVE FINANCIAL BARRIERS AND, WHEN POSSIBLE, ELIMINATE THE NEED FOR STUDENT LOANS, POSITIONING STUDENTS FOR ECONOMIC MOBILITY. THE TOTAL NUMBER OF STUDENTS RECEIVING SUPPORT IN THE 2024/25 ACADEMIC YEAR WAS 2,926.THE FOUNDATION PROVIDED $1,682,100 IN PROGRAM SUPPORT TO MILWAUKEE AREA TECHNICAL COLLEGE THAT WAS STRATEGICALLY ALIGNED TO SUPPORT STUDENT SUCCESS IN FAMILY-SUPPORTING, ECONOMICALLY MOBILE CAREERS AS REFLECTED BY REGIONAL EMPLOYERS' WORKFORCE PIPELINE PRIORITIES. THIS PROGRAM SUPPORT INCLUDED MATC DRIVE/AL HURVIS PEAK TRANSPORTATION CENTER, THE COLLEGE'S SPECIALTY HVAC PROGRAMS WITH A MILWAUKEE PUBLIC HIGH SCHOOL, AND SPECIALTY SUPPORT FOR BOARD AND LICENSE EXAM FEES FOR RECENT HEALTHCARE PATHWAY GRADUATES.FURTHER, THE FOUNDATION FACILITATED THE RECEIPT OF IN-KIND DONATIONS OF MATERIALS AND EQUIPMENT VALUED AT $117,682.SERVING AS MILWAUKEE PBS' FISCAL SPONSOR, THE FOUNDATION ADMINISTERED $8,450,181 IN CONTRIBUTIONS AND AWARDED $6,390,792 IN PROGRAM SUPPORT. MILWAUKEE PBS IS OWNED AND OPERATED BY MILWAUKEE AREA TECHNICAL COLLEGE.

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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 1979.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. 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.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.