Types of Gifts

Tributes and Memorials

The tradition of tribute scholarships at Madison College dates back to 1947, when faculty and staff established a fund in memory of Alexander R. Graham, who led the school from 1925 to 1947. A memorial sholarship was established by the family of Luvern J. Mitby, widow of former College district director (president) Norman Mitby and a longtime Madison College supporter. Scholarships and endowment funds are an excellent way to honor people and organizations that have been significant in your life.

Foundation Endowment

The Foundation's undesignated endowment fund represents an important long-term strategy to ensure that funding is always available to support initiatives identified by the leadership of the College and the Foundation. Each year earnings from the endowment are designated by the Foundation Board to support scholarships, grants, and a host of other needs identified by the College.

Named Scholarships

You can establish a scholarship by choosing from several funding options:

• Endowed scholarships provide a perpetual income to fund scholarships. A minimum gift of $10,000 (which may be made over several years) is necessary to establish an endowed scholarship. A portion of the earnings is spent each year.
• Annual scholarships provide scholarships for both full- and part-time students each year. A minimum annual gift of $500 per year for three years is necessary to establish an annual named scholarship.
• Program scholarships: gifts of any amount can be made to support students in a specific career program. Smaller gifts are pooled to create program scholarships.
• Loan and grant accounts support students needing special assistance. You can start a grant or loan fund or add to an existing fund.

Program Scholarships and Learning Enhancement

The Foundation provides scholarships to students across the full range of programs from Automotive Technology to the Zach Peterson-GED Test Fund at Portage... and 150 others! There are also accounts that enhance programs through equipment purchases, as well as student and faculty career development. New funds may also be established. 

Methods of Giving

• Online

• Check, credit card, or cash

• Securities and other property

• Gifts in-kind

• Planned gifts

Matching Gifts

Increase the impact of your gift to the Foundation! Did you know that many local and national companies may match your charitable contributions through a matching gifts program? Some employers may even double or triple your gift. If you see your employer or its parent company listed below, your personnel or human resources department may be able to provide you with a form to initiate a matching gift.

• Alliant Energy
• Altria Group, Inc.
• AnchorBank
• AT&T Foundation
• Bank of America Corporation
• CDW (Formerly Berbee Information Networks Corporation)
• Cisco Systems, Inc.
• Citigroup, Inc.
• DEMCO
• General Electric Company
• Home Depot, Inc.
• Hooper Corporation
• Johnson Controls, Inc.
• JPMorgan Chase & Co.
• Kimberly-Clark Corporation
• Kraft Foods, Inc./Oscar Mayer
• Macy’s, Inc.
• Merrill Lynch & Co., Inc.
• Pepsico, Inc.
• PPG Industries
• RBC Wealth Management
• Sentry Insurance
• SYSCO Corporation
• Thrivent Financial for Lutherans
• UPS, Inc.
• US Bancorp
• Verizon Communications
• Wells Fargo

Recognition

Your gift will be recognized for contributions you make during the July 1 – June 30 fiscal year. The Foundation’s motto is "Building a community of support for the high skill workforce of the future.” Donor levels were named in keeping with this "building” theme.