Technology Education Foundation Inc

Organization Overview

Technology Education Foundation Inc is located in Madison, WI. The organization was established in 2004. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 03/2022, Technology Education Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Technology Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2022, Technology Education Foundation Inc generated $186.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $162.1k during the year ending 03/2022. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Technology Education Foundation Inc has awarded 88 individual grants totaling $658,101. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT THE ADVANCEMENT AND EDUCATION OF INDIVIDUALS BY PROVIDING INFORMATION TECHNOLOGY HARDWARE AND SOFTWARE TO PUBLIC SCHOOLS, LIBRARIES, OR OTHER NON-PROFIT EDUCATIONAL ORGANIZATIONS WITH A FACILITY FOR INDIVIDUALS TO LEARN TO USE SUCH COMPUTER EQUIPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTED FUNDS WHICH HELPED TO FUND THE PURCHASE OF COMPUTERS AND COMPUTER EQUIPMENT FOR USE IN VARIOUS CLASSROOMS.


GRANTED FUNDS WHICH HELPED TO FUND INITIATIVES FOR TECHNOLOGY TRAINING AND CLASSROOM PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Paul S Shain
Vice President
$0
James G Berbee
President
$0
Brett M Rimkus
Secretary/treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$110,960
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$141,749
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$252,709
Total Program Service Revenue$0
Investment income $22,400
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $32,360
Net Income from Fundraising Events -$121,362
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $186,107

Grants Awarded

Over the last fiscal year, Technology Education Foundation Inc has awarded $90,280 in support to 10 organizations.

Grant RecipientAmount

ELVER PARK NEIGHBORHOOD CENTER

Org PageRecipient Profile

Madison, WI

PURPOSE: FUNDS FOR TECHNOLOGY INITIATIVES

$12,000

BAYVIEW FOUNDATION

Org PageRecipient Profile

Madison, WI

PURPOSE: FUNDS FOR TECHNOLOGY INITIATIVES

$10,378

MONROE HIGH SCHOOL

PURPOSE: FUNDS FOR TECHNOLOGY INITIATIVES

$10,000

ST JAMES CATHOLIC SCHOOL

Org PageRecipient Profile

Verona, WI

PURPOSE: FUNDS FOR TECHNOLOGY INITIATIVES

$10,000

SIMPSON STREET FREE PRESS

Org PageRecipient Profile

Monona, WI

PURPOSE: FUNDS FOR TECHNOLOGY INITIATIVES

$10,000

WESTMINSTER PRESBYTERIAN CHURCH

Org PageRecipient Profile

Tucson, AZ

PURPOSE: FUNDS FOR TECHNOLOGY INITIATIVES

$9,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Technology Education Foundation Inc has recieved totaling $30,000.

Awarding OrganizationAmount
Berbeewaish Foundation Inc

Middleton, WI

PURPOSE: EDUCATIONAL SUPPORT - TECHNOLOGY FOR CHILDREN, TEENS, ADULTS WITH LIMITED ACCESS

$25,000
Tosa Foundation

Portola Valley, CA

PURPOSE: EDUCATION

$5,000
View Grant Recipient Profile

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