Madison Area Technical College Foundation Inc logo

Madison Area Technical College Foundation Inc

Public charity · Grantmaker Madison, WI EIN: 23-7265867 Website

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.

Key facts about Madison Area Technical College Foundation Inc

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.

EIN
23-7265867
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$3,130,000
Grants made (2025)
1
Average grant
$3,130,000
Median grant
$3,130,000
Total assets
$27,208,443
Primary geography
Wisconsin (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$27.2M

+3.0% YoY

Annual Giving

$3.1M

+4663.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$3.1M

+4663.7% YoY

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.

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Madison

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $60K (2023) to $4.0M (2019). In 2025 it made 1 grant totaling $3.1M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Madison Area Technical College: $3.1MMadison Area Technical College$3.1M

The largest 2025 recipient was Madison Area Technical College ($3.1M).

Grant Size Distribution

5 grants across all recorded years

<$50K2$50–100K1$100–250K$250–500K$500K–1M2$1–5M$5M+

The most common grant size was in the $50–100K range: 2 grants of 5 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Madison Area Technical College Madison, WIAdvisor Grant, College Programming and Capital Projects$3,130,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2.5M$5M$7.5M$10M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$27,208,443$26,412,340$23,630,068
Revenue$6,768,986$5,014,229$5,512,141
Expenses$7,731,708$3,722,572$3,265,175
Net Investment Income$1,238,588$721,847$604,775

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS June 10, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS February 22, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS March 9, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2022)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS April 14, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS April 29, 2025)
  7. Updated Form 990 for fiscal year 2025 (received by the IRS April 16, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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

Tammy Thayer — Chief Executive Officer: $252KTammy ThayerChief Executive Officer$252KChad Margenau — VP Finance and Operations (Thru 01/2025): $160KChad MargenauVP Finance and Operations (Thru…$160KBryan Woodhouse — VP of Development: $151KBryan WoodhouseVP of Development$151K

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.

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