Northeast Wisconsin Technical College Education Foundation

The Northeast Wisconsin Technical College Education Foundation is a public, non-profit organization established in 1970 to provide financial support to Northeast Wisconsin Technical College (NWTC) students. It is classified under the National Taxonomy of Exempt Entities (NTEE) code B31I, which includes vocational and technical schools.

Mission

The Foundation's mission is to enhance the educational experience at NWTC by providing scholarships and other forms of financial assistance to students. It promotes the value of technical education within the community and supports NWTC's vision and mission.

Governance

The Foundation is governed by a Board of Directors, which includes members from various educational, business, and community backgrounds. This board oversees the strategic direction and operations of the Foundation.

Financial Overview

As of recent financial data, the Foundation reported total assets of approximately $8.42 million and total liabilities of about $109,000. Its primary source of revenue is contributions, which accounts for over 90% of its income. The Foundation also generates funds from investment income and occasional sales of assets.

Activities and Impact

The Foundation supports various initiatives at NWTC, including:

• Scholarships: Providing financial assistance to students, especially those from low-income backgrounds, to pursue high-wage career programs.
• Student Emergency Fund: Offering support for immediate needs such as food, housing, childcare, and transportation.
• College-Wide Projects: Funding initiatives like the Veterans Resource Center, Tech Camps, Farm Business Tuition Assistance Program, and facility enhancements.

These efforts aim to address barriers to education and ensure that students, regardless of financial status, can access educational opportunities.