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WCTC FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
WCTC FOUNDATION INC (EIN 39-1325835)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-12
IRS object ID
202641329349303519
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-12T11:13:11-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110401 W INNOVATION DR STE 300AddressLine1Txt
CityWAUWATOSACityNm
State AbbreviationWIStateAbbreviationCd
ZIP53226ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN391325835EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WCTC FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWCTCBusinessNameControlTxt
Phone2626915202PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 MAIN STREET C 018AddressLine1Txt
CityPEWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53072ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBYN LUDTKEPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2626915202PhoneNum
Signature2026-05-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKRISTEN DONLEVYPreparerPersonNm
PTINP01670215PTIN
Phone4144761880PhoneNum
Preparation2026-05-07PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerROBYN LUDTKEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 MAIN STREET C 018AddressLine1Txt
CityPEWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53072ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,403,931GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.WCTC.EDU/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1977FormationYr
Legal Domicile StateWILegalDomicileStateCd
Activity Or MissionWCTC FOUNDATION INC. IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO SECURE CHARITABLE RESOURCES HELPING THE STUDENTS OF WAUKESHA COUNTY TECHNICAL COLLEGE ACHIEVE THEIR EDUCATIONAL GOALS.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers19TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,162,323PYContributionsGrantsAmt
CY Contributions Grants$1,840,469CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$283,395PYInvestmentIncomeAmt
CY Investment Income$545,659CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue-$6,940CYOtherRevenueAmt
PY Total Revenue$1,445,718PYTotalRevenueAmt
CY Total Revenue$2,379,188CYTotalRevenueAmt
PY Grants And Similar Paid$1,484,169PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$767,645CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$179,027PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$174,582CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$112,161PYOtherExpensesAmt
CY Other Expenses$132,114CYOtherExpensesAmt
PY Total Expenses$1,775,357PYTotalExpensesAmt
CY Total Expenses$1,074,341CYTotalExpensesAmt
PY Revenues Less Expenses-$329,639PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,304,847CYRevenuesLessExpensesAmt
Total Assets BOY$8,929,078TotalAssetsBOYAmt
Total Assets EOY$10,418,511TotalAssetsEOYAmt
Total Liabilities BOY$87,445TotalLiabilitiesBOYAmt
Total Liabilities EOY$20,356TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,841,633NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,398,155NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionWCTC 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$767,645ExpenseAmt
Grant$767,645GrantAmt
Revenue$2,392,432RevenueAmt
DescTHE 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.Desc
Total Program Service Expenses$767,645TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee5EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JUSTIN KEHRINGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2626915101PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 MAIN ST STE C018AddressLine1Txt
CityPEWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53072ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
SANDY MCGEE
CHAIRPERSON0.50Yes (X)Yes (X)$0$0$0
TAMMY MCCORMACK
VICE CHAIRPERSON0.50Yes (X)Yes (X)$0$0$0
MARY MANNING
TREASURER0.50Yes (X)Yes (X)$0$0$0
ANITA RODRIGUEZ CORDERO
MEMBER0.50Yes (X)$0$0$0
NICK DILLON
MEMBER0.50Yes (X)$0$0$0
PHILIP KUBOW
MEMBER0.50Yes (X)$0$0$0
JAN LENNON
MEMBER0.50Yes (X)$0$0$0
DAN WOLFGRAM
MEMBER0.50Yes (X)$0$0$0
ROBYN LUDTKE
EXECUTIVE DIRECTOR40.00Yes (X)Yes (X)$125,386$0$0
BRADY CHUCKEL
SECRETARY0.50Yes (X)Yes (X)$0$0$0
LAUREN HESS
MEMBER0.50Yes (X)$0$0$0
MARGO LEHMANN
MEMBER0.50Yes (X)$0$0$0
STEVE BASILOTTO
MEMBER0.50Yes (X)$0$0$0
DAN NOLDE
MEMBER0.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$125,386TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$22,349FundraisingAmt
All Other Contributions$1,818,120AllOtherContributionsAmt
Noncash Contributions$55,731NoncashContributionsAmt
Total Contributions$1,840,469TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$326,069TotalRevenueColumnAmt
Exclusion$326,069ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,232,368SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,012,778SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$219,590SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$219,590TotalRevenueColumnAmt
Exclusion$219,590ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$5,025FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$22,349ContriRptFundraisingEventAmt
Fundraising Direct Expenses$11,965FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$6,940TotalRevenueColumnAmt
Exclusion-$6,940ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,379,188TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$538,719ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$55,731TotalAmt
Program Services$55,731ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$711,914TotalAmt
Program Services$711,914ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$125,386TotalAmt
Management And General$125,386ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$33,944TotalAmt
Management And General$33,944ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$808TotalAmt
Management And General$808ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$14,444TotalAmt
Management And General$14,444ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$28,804TotalAmt
Management And General$28,804ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$46,466TotalAmt
Management And General$46,466ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$595TotalAmt
Management And General$595ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,264TotalAmt
Management And General$7,264ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$16,546TotalAmt
Management And General$16,546ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$547TotalAmt
Management And General$547ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,859TotalAmt
Management And General$3,859ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$901TotalAmt
Management And General$901ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$11,327TotalAmt
Management And General$11,327ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
PRINTING$5,468$5,468
DUES & SUBSCRIPTIONS$2,568$2,568
BAD DEBT EXPENSE$622$622

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$7,147TotalAmt
Management And General$7,147ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,074,341TotalAmt
Program Services$767,645ProgramServicesAmt
Management And General$306,696ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$146,009BOYAmt
EOY$649,213EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$92,733BOYAmt
EOY$535,566EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$500BOYAmt
EOY$102EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,107BOYAmt
EOY$3,872EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,505LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,799LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,606BOYAmt
EOY$706EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$8,686,123BOYAmt
EOY$9,229,052EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,929,078BOYAmt
EOY$10,418,511EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$64,421BOYAmt
EOY$3,928EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,500EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,024BOYAmt
EOY$14,928EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$87,445BOYAmt
EOY$20,356EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,653,002BOYAmt
EOY$2,969,093EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,188,631BOYAmt
EOY$7,429,062EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,841,633BOYAmt
EOY$10,398,155EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,929,078BOYAmt
EOY$10,418,511EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,304,847ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$251,675NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1WAUKESHA COUNTY AREA TECHNICAL COLLEGE DISTRICTBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN396005054EIN
Organization Type6OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$711,914SupportAmt
Other Support$55,731OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$711,914SupportSumAmt
Other Support Sum$55,731OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Disclosed Org Leg CtrlYes (1)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (1)DisclosedForCharitablePrpsInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,255,694BeginningYearBalanceAmt
Contributions$128,700ContributionsAmt
Investment Earnings Or Losses$6,553InvestmentEarningsOrLossesAmt
Administrative Expenses$20,275AdministrativeExpensesAmt
End Year Balance$1,411,222EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,240,137BeginningYearBalanceAmt
Contributions$19,465ContributionsAmt
Investment Earnings Or Losses$6,206InvestmentEarningsOrLossesAmt
Administrative Expenses$10,114AdministrativeExpensesAmt
End Year Balance$1,255,694EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,207,483BeginningYearBalanceAmt
Contributions$26,661ContributionsAmt
Investment Earnings Or Losses$5,993InvestmentEarningsOrLossesAmt
End Year Balance$1,240,137EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,136,324BeginningYearBalanceAmt
Contributions$65,432ContributionsAmt
Investment Earnings Or Losses$5,727InvestmentEarningsOrLossesAmt
End Year Balance$1,207,483EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,090,318BeginningYearBalanceAmt
Contributions$40,485ContributionsAmt
Investment Earnings Or Losses$5,521InvestmentEarningsOrLossesAmt
End Year Balance$1,136,324EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,505OtherCostOrOtherBasisAmt
Depreciation$3,799DepreciationAmt
Book Value$706BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$706TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescACCRUED RETIREMENT BENEFITSDesc
Amt$14,928Amt
FieldValueIRS element (for citing)
Total Liability$14,928TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$2,636,019TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$251,675NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$39,656DonatedServicesAndUseFcltsAmt
Revenue Not Reported$291,331RevenueNotReportedAmt
Revenue Subtotal$2,344,688RevenueSubtotalAmt
Investment Expenses Not Incld$46,466InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$11,966OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$34,500RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,379,188TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,079,497TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$39,656DonatedServicesUseFcltsAmt
Other Expenses Included$11,966OtherExpensesIncludedAmt
Expenses Not Reported$51,622ExpensesNotReportedAmt
Expenses Subtotal$1,027,875ExpensesSubtotalAmt
Investment Expenses Not Incld2$46,466InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$46,466ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,074,341TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE ENDOWMENT FUNDS ARE HELD TO GENERATE EARNINGS WHICH ARE INTENDED TO BE USED FOR SCHOLARSHIPS FOR STUDENTS AT THE COLLEGE AND FOR SUPPORT OF COLLEGE PROGRAMS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FUNDRAISING EVENT EXPENSES -11,966.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EVENT EXPENSES 11,966.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1WCTC CHILD DEVELOPMENT CTR AUCTIONEvent1Nm
Gross Receipts Event1$27,374GrossReceiptsEvent1Amt
Charitable Contri Event1$22,349CharitableContriEvent1Amt
Gross Revenue Event1$5,025GrossRevenueEvent1Amt
Rent Facility Costs Event1$7,019RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$4,946OtherDirectExpensesEvent1Amt
Gross Receipts Total$27,374GrossReceiptsTotalAmt
Charitable Contributions Tot$22,349CharitableContributionsTotAmt
Gross Revenue Total Events$5,025GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$7,019RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$4,946OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$11,965DirectExpenseSummaryEventsAmt
Net Income Summary-$6,940NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1WAUKESHA COUNTY TECHNICAL COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 MAIN STREETAddressLine1Txt
CityPEWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53072ZIPCd
FieldValueIRS element (for citing)
Recipient EIN396005054RecipientEIN
IRC SectionGOVTIRCSectionDesc
Cash Grant$0CashGrantAmt
Non Cash Assistance$55,731NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceMATERIALS, SUPPLIES, EQUIPMENTNonCashAssistanceDesc
Purpose Of GrantDELIVERING STUDENT LEARNINGPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS AWARDED TO STUDENTS OF WCTCGrantTypeTxt
Recipient331RecipientCnt
Cash Grant$711,914CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationWHEN AWARDING SCHOLARSHIPS AND GRANTS TO INDIVIDUAL STUDENTS, WCTC USES ACADEMICWORKS SOFTWARE TO COLLECT APPROPRIATE DATA FROM STUDENTS TO ENSURE AID AWARDS ARE IN ACCORDANCE WITH PROVISIONS STATED BY FUNDER AND COLLEGE. GRANTS MADE TO THE PROGRAMS OF WCTC ARE REVIEWED BY THE FOUNDATION PRESIDENT AND REPRESENTATIVE OF THE INDIVIDUAL DONOR FUNDS TO ENSURE THAT EXPENDITURES ARE MADE IN ACCORDANCE WITH DONOR DIRECTIVES.ExplanationTxt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)SUPPLIES6$45,316FMV
Yes (X)EQUIPMENT3$5,415FMV
Yes (X)TOOLS2$5,000FMV
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE NUMBER IN COLUMN B IS THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4THE AMENDED AND RESTATED ARTICLES OF INCORPORATION AND BYLAWS UPDATE THE WCTC FOUNDATION TO ALIGN WITH 501(C)(3) TYPE I SUPPORTING ORGANIZATION REQUIREMENTS AND CLARIFY GOVERNANCE AUTHORITY, INCLUDING BOARD POWERS, AMENDMENT PROCEDURES, AND DISSOLUTION PROVISIONS. THE REVISIONS CONVERT THE ORGANIZATION TO A NONMEMBER STRUCTURE, STREAMLINE THE ARTICLES BY MOVING OPERATIONAL DETAIL TO THE BYLAWS, AND ENHANCE CLARITY AROUND DIRECTOR COMPOSITION, APPOINTMENT AUTHORITY, TERM LIMITS, MEETING REQUIREMENTS, AND CLOSEDSESSION PRACTICES. ADDITIONAL BYLAW CHANGES FORMALIZE OFFICER ROLES (INCLUDING THE EXECUTIVE DIRECTOR), ESTABLISH BESTPRACTICE GOVERNANCE CONTROLS, AND INCORPORATE MOUREQUIRED PROVISIONS RELATED TO LEADERSHIP OVERSIGHT AND LARGE FINANCIAL DISBURSEMENTS.
FORM 990, PART VI, SECTION B, LINE 11BA DRAFT OF THE PRELIMINARY FORM 990 WITH ALL ATTACHMENTS IS MADE AVAILABLE TO MEMBERS OF THE BOARD WHO ARE THEN ASKED TO REVIEW AND PROVIDE FEEDBACK TO EXECUTIVE DIRECTOR IN ADVANCE OF FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY WHEREIN ALL MEMBERS AND KEY EMPLOYEES DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS OR STATE THE LACK THEREOF. THE STATEMENT IS SIGNED BY EACH INDIVIDUAL AND A COPY IS RETAINED BY THE ORGANIZATION. THE POLICY IS REVIEWED AND DISCUSSED ANNUALLY AS PART OF A REGULAR MEETING OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT IS DOCUMENTED IN A WRITTEN EMPLOYMENT AGREEMENT AND EXECUTED BY THE BOARD PRESIDENT AND KEY EMPLOYEE. COMPENSATION IS REVIEWED ANNUALLY BY THE ORGANIZATION'S EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. FOR PURPOSES OF DETERMINING A FAIR MARKET LEVEL OF COMPENSATION, THE COMMITTEE USES MARKET DATA OF WAGES AND BENEFITS OF COMPARABLE ORGANIZATIONS AND POSITIONS. THE WAGE AND BENEFIT LEVELS ARE REVIEWED, DISCUSSED, AND VOTED UPON IN COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025.
FORM 990, PART VI, SECTION C, LINE 19WCTC FOUNDATION INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CONTACT INFORMATION IS PROVIDED BY THE ORGANIZATION'S WEBSITE.