The Medical College Of Wisconsin Inc

The Medical College Of Wisconsin Inc Overview

The Medical College Of Wisconsin Inc is located in Milwaukee, WI. The organization was established in 1968. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, Medical College Of Wisconsin Inc employed 7,232 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Medical College Of Wisconsin Inc generated $1.3b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.2b during the year ending 06/2020. While expenses have increased by 4.2% per year over the past 5 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, Medical College Of Wisconsin Inc has awarded 871 individual grants totaling $175,451,047. 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE MEDICAL COLLEGE OF WISCONSIN (MCW) IS A DISTINGUISHED LEADER AND INNOVATOR IN THE EDUCATION AND DEVELOPMENT OF THE NEXT GENERATION OF PHYSICIANS, (CONTINUED IN SCHEDULE O)

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION - APPROXIMATELY 1,500 STUDENTS ARE ENROLLED IN DEGREE-GRANTING EDUCATIONAL PROGRAMS AT MCW. THIS INCLUDES 995 MEDICAL STUDENTS, 326 GRADUATE STUDENTS, 139 PHARMACY STUDENTS, AND 47 MASTER OF SCIENCE IN ANESTHESIA STUDENTS. MCW FACULTY SUPERVISE MORE THAN 700 PHYSICIANS IN RESIDENCY TRAINING AND 200 PHYSICIANS IN FELLOWSHIP TRAINING THROUGH THE MEDICAL COLLEGE OF WISCONSIN AFFILIATED HOSPITALS, INC. (CONTINUED IN SCHEDULE O)


RESEARCH - MCW IS A MAJOR NATIONAL RESEARCH CENTER AND THE SECOND LARGEST RESEARCH INSTITUTION IN WISCONSIN. IN FISCAL YEAR 2020, MCW INVESTED $300.2 MILLION IN RESEARCH, TEACHING, TRAINING AND RELATED PURPOSES WHICH WILL LEAD TO IMPROVED PATIENT CARE AND HEALTH OUTCOMES. THIS TOTAL INCLUDES $110.2 MILLION FROM THE NATIONAL INSTITUTES OF HEALTH (NIH). MCW RANKS IN THE TOP THIRD OF U.S. MEDICAL SCHOOLS IN NIH RESEARCH SUPPORT. (CONTINUED IN SCHEDULE O)


PATIENT CARE - APPROXIMATELY 1,650 MCW PHYSICIANS AND MORE THAN 725 NURSE PRACTITIONERS, PHYSICIAN ASSISTANTS, AND OTHER HEALTH CARE PRACTITIONERS PROVIDE ADULT PATIENT CARE AS THE MEDICAL COLLEGE PHYSICIANS AND PEDIATRIC PATIENT CARE THROUGH CHILDREN'S SPECIALTY GROUP, A JOINT VENTURE WITH CHILDREN'S HOSPITAL AND HEALTH SYSTEM. THE MCW PHYSICIAN PRACTICE INCLUDES DOCTORS IN EVERY SPECIALTY AND SUBSPECIALTY OF MEDICINE. (CONTINUED IN SCHEDULE O)


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The Medical College Of Wisconsin Inc Vendors

Vendor Name (Service)Compensation
Natl Marrow Donor Program
Research Subcontract
$8,081,938
Froedtert Health Inc
Contractual Services
$8,043,210
Froedtert Health Medical Group
Physician/shared Svc
$11,944,046
Medical College Of Wi Affil Hosp
Resident Services
$8,225,019
Affiliated Construction Services In
Construction Service
$9,657,895
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$767,775
Related organizations$0
Government grants $163,191,409
All other contributions, gifts, grants, and similar amounts not included above$43,411,820
Noncash contributions included in lines 1a–1f $3,197,325
Total Revenue from Contributions, Gifts, Grants & Similar$207,371,004
Total Program Service Revenue$995,530,737
Investment income $25,801,789
Tax Exempt Bond Proceeds $12,740
Royalties $934,251
Net Rental Income $152,565
Net Gain/Loss on Asset Sales $56,628,132
Net Income from Fundraising Events -$360,105
Net Income from Gaming Activities $7,235
Net Income from Sales of Inventory $73,136
Miscellaneous Revenue$0
Total Revenue $1,286,151,484

The Medical College Of Wisconsin Inc Grants Awarded

Over the last fiscal year, The Medical College Of Wisconsin Inc has awarded $34,410,412 in support to 146 organizations.

Grant RecipientAmount

NATIONAL MARROW DONOR PROGRAM

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: RESEARCH SUBAWARD

$8,245,676

EMMES CORPORATION THE

PURPOSE: RESEARCH SUBAWARD

$4,133,058

UNIVERSITY OF WISCONSIN MADISON

PURPOSE: RES SUB/AHW/EDUC

$1,746,709

Milwaukee, WI

PURPOSE: RES SUB/AHW

$1,535,383

UNIVERSITY OF IOWA

PURPOSE: RESEARCH SUBAWARD

$758,437

MARQUETTE UNIVERSITY

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: RES SUB/AHW

$683,183
View Grant Profile

The Medical College Of Wisconsin Inc Grants Recieved

Over the last fiscal year, we have identified 22 grants that The Medical College Of Wisconsin Inc has recieved totaling $1,021,989.

Awarding OrganizationAmount
United Way Of Greater Milwaukee & Waukesha County Inc

Milwaukee, WI

PURPOSE: DONOR DESIGNATION PLEDGE PAYMENTS

$554,792
Agustin A Ramirez Jr Family Foundation

Milwaukee, WI

PURPOSE: PARKINSON'S DISEASE RESEARCH, RAMIREZ LEAN SCHOLARS FUND

$110,000
Mattei-Rothschild Foundation Inc

Glenview, KY

PURPOSE: SCHOLARSHIP FUNDNON-CASH DONATIONDATE OF GIFT: 11/15/20DESCRIPTION OF PROPERTY: 180 SHARES OF INVESCO QQQBOOK VALUE OF PROPERTY: $52,608.60METHOD USED TO CALCULATE BOOK VALUE: QUOTED MARKET PRICEMETHOD USED TO DETERMINE FAIR VALUE: QUOTED MARKET PRICE

$52,608
United Way Of Greater Milwaukee & Waukesha County Inc

Milwaukee, WI

PURPOSE: SHARED COMMUNITY INVESTMENT FUND

$50,000
Fotsch Family Foundation

Nashotah, WI

PURPOSE: CHARITABLE CONTRIBUTION

$50,000
Racine Community Foundation Inc

Racine, WI

PURPOSE: FOR THE WALTER ZEIT FELLOWSHIP

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$938,170,477
Earnings$7,836,816
Admin Expense$4,690,656
Net Contributions$333,678,389
Other Expense$39,760,047
Grants$1,520,412
Ending Balance$1,233,714,567

The Medical College Of Wisconsin Inc Peer Organizations

Organization NameAssets
Loyola University Of Chicago
Chicago, IL
$863,455,479
Depaul University
Chicago, IL
$903,291,560
Marquette University
Milwaukee, WI
$679,500,550
University Of St Thomas
St Paul, MN
$450,761,247
Illinois Institute Of Technology
Chicago, IL
$410,466,852
Bradley University
Peoria, IL
$238,646,085
Drake University
Des Moines, IA
$222,285,025
Calvin University
Grand Rapids, MI
$185,893,983
University Of Detroit Mercy
Detroit, MI
$175,014,094
Roosevelt University
Chicago, IL
$144,317,728
Olivet Nazarene University
Bourbonnais, IL
$145,296,157
Carthage College
Kenosha, WI
$147,961,776

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