Madison Area Technical College Foundation Inc
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.
Madison Area Technical College Foundation Inc at a glance
In short: Madison Area Technical College Foundation Inc gave $3.1M across 1 grant in 2025 (avg $3.1M), mostly in Wisconsin. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $3,130,000
- +4663.7% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $3,130,000
- +4663.7% vs 2024
- Median grant
- $3,130,000
- Total assets
- $27,208,443
- +3.0% vs 2024
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Madison Area Technical College Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Madison Area Technical College Foundation Inc gives
- Giving grew 1813% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $60K (2023) to $4.0M (2019). In 2025 it made 1 grant totaling $3.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $3,130,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $27,208,443 | $6,768,986 | $7,731,708 | $3,130,000 | 1 | $1,238,588 |
| 2024 | $26,412,340 | $5,014,229 | $3,722,572 | $65,705 | 1 | $721,847 |
| 2023 | $23,630,068 | $5,512,141 | $3,265,175 | $59,547 | 1 | $604,775 |
| 2022 | $19,547,707 | $4,171,287 | $2,699,863 | $163,643 | 1 | $759,900 |
| 2021 | $21,012,715 | $5,486,614 | $4,102,475 | $1,540,165 | 1 | $372,403 |
| 2020 | $18,086,376 | $4,862,377 | $2,591,913 | $168,989 | 1 | $1,154,175 |
| 2019 | $16,518,142 | $6,005,321 | $6,434,457 | $3,974,666 | 1 | $330,362 |
About Madison Area Technical College Foundation Inc
Based on IRS filings
Madison Area Technical College Foundation Inc is a public charity focused on Education, based in Madison, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $27.2M in total assets. In 2025, it awarded 1 grant totaling $3.1M. Net investment income was $1.2M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Madison Area Technical College Foundation Inc is led by Tammy Thayer, Chief Executive Officer on every filing since 2019; 3 of 16 officers listed in 2025 are compensated.
Officers on the 2025 filing
Tammy Thayer
Chief Executive Officer
On filings since 2019
40 hrs/week
$195K (2019) → $252K (2025)
Bill Beisenstein
President
Treasurer → President, 2022
On filings since 2019
1 hr/week
No compensation reported
James Riordan
Director
On filings since 2019
1 hr/week
No compensation reported
Marshall Mennenga
Director
Director → President, 2020
President → Director, 2022
On filings since 2019
1 hr/week
No compensation reported
Tim O'Brien
Director
On filings since 2020
1 hr/week
No compensation reported
John Feller
Director
On filings since 2023
1 hr/week
No compensation reported
Katie Hottmann
Director
On filings since 2023
1 hr/week
No compensation reported
Tracy Schweitzer
Director
On filings since 2023
1 hr/week
No compensation reported
Mario Garcia Sierra
Director
On filings since 2024
1 hr/week
No compensation reported
Russell Cannon
Director
On filings since 2024
1 hr/week
No compensation reported
Turina Bakken
Director
New on the 2025 filing
1 hr/week
No compensation reported
Chad Margenau
Vice President Finance & Operations
On filings since 2021
40 hrs/week
$102K (2021) → $160K (2025)
Bryan Woodhouse
Vice President of Development
New on the 2025 filing
40 hrs/week
$151K (2025)
Robin Roberts
Treasurer
President → Director, 2020
Director → Treasurer, 2022
On filings since 2019
1 hr/week
No compensation reported
Todd Ludgate
Vice President
Director → Vice President, 2020
On filings since 2019
1 hr/week
No compensation reported
Debra Lange
Secretary
On filings since 2020
1 hr/week
No compensation reported
Former officers (11)
- Former: Gordon Derzon (2019–2024) — Director
- Former: Beth Jefferson (2022–2024) — Director
- Former: Cory Simms (2023–2024) — Director
- Former: Margaret Kratz (2023) — Vice President of Philanthropy
- Former: Robert Tercek (2019–2022) — Director
- Former: Melinda Gustafson Gervasi (2020–2022) — Director
- Former: Dianne Redsten (2019–2020) — Secretary
- Former: Elizabeth Kirchstein (2019–2020) — Vice President
- Former: Lawrence Barton (2019–2020) — Director
- Former: Ashok Bhargava (2019) — Director
- Former: Robert Dinndorf (2019) — Executive Director of Phil.
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $252K, to Tammy Thayer (Chief Executive Officer). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Madison Area Technical College Foundation Inc
How much does Madison Area Technical College Foundation Inc give each year?
Madison Area Technical College Foundation Inc gave $3.1M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $66K across 1 grant.
How large is Madison Area Technical College Foundation Inc?
Madison Area Technical College Foundation Inc reported $27.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.8M.
What is Madison Area Technical College Foundation Inc?
Madison Area Technical College Foundation Inc is a public charity focused on Education, based in Madison, WI. It holds $27.2M in total assets as of 2025.
Where does Madison Area Technical College Foundation Inc operate?
Madison Area Technical College Foundation Inc has awarded grants in Wisconsin.
What is Madison Area Technical College Foundation Inc's EIN?
Madison Area Technical College Foundation Inc's EIN (Employer Identification Number) is 23-7265867. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS June 10, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS February 22, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 9, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 29, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 16, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Madison Area Technical College Foundation Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Madison Area Technical College Foundation Inc's focus areas in our free grants database
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