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The Uscib Foundation Inc

EIN 13-3234953 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair55 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 42% of its spending went to programs.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE USCIB FOUNDATION INC. (THE "FOUNDATION") SERVES AS THE EDUCATIONAL AND RESEARCH ARM OF THE UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS ("USCIB"). ITS MISSION IS TO ADVANCE THE ROLE OF THE PRIVATE SECTOR IN GLOBAL ECONOMIC GROWTH AND SOCIAL DEVELOPMENT, PARTICULARLY THROUGH MULTILATERAL ENGAGEMENT AND PUBLIC-PRIVATE PARTNERSHIPS..

Income
$565,547
Spending
$508,764
Spent on programs
42%
Reserves
3.4 months of spending
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
0
Highest pay
$594,488, president & chair

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 55 out of 100. Higher than 13% of charities in its peer group (philanthropy, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.4 months of spending.

  • Debt

    5 of 20

    It owes 65% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 10% of income.

  • Income trend

    15 of 15

    Income rose 25% on the year before.

  • Spending floor

    0 of 15

    42% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 90 out of 100. Higher than 75% of charities in its peer group (philanthropy, $250k to $1m).

  • Independent board

    25 of 25

    6 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $76,575 spent. THE PROJECT ON DATA PRIVACY IN THE METAVERSE AND IMMERSIVE TECHNOLOGIES IS LED BY BUSINESS AT OECD (BIAC) AND THE UNITED STATES COUNCIL FOR INTERNATIONAL BUSINESS FOUNDATION. THE PROJECT EXAMINES THE EXTENT TO WHICH THE METAVERSE AND RELEVANT IMMERSIVE TECHNOLOGIES POSE UNIQUE PRIVACY AND DATA PROTECTION ISSUES, AND HOW THESE ISSUES CAN BE UNDERSTOOD IN THE CONTEXT OF THE GUIDELINES. THE GOAL OF THE PROJECT IS TO FOSTER GREATER UNDERSTANDING OF THE ISSUE OF PRIVACY IN THE METAVERSE AND RELEVANT IMMERSIVE TECHNOLOGIES, PARTICULARLY IN THE CONTEXT OF THE OECD GUIDELINES. THE PROJECT IS INTENDED TO CREATE AN EVIDENCE BASE FOR POSSIBLE OECD WORK ON THE PROTECTION OF PRIVACY IN THIS EMERGING DIGITAL ENVIRONMENT.
  2. $76,715 spent. THE FOUNDATION LAUNCHED THE BUSINESS PACT FOR THE FUTURE, A BUSINESS INITIATIVE TO ACCELERATE IMPLEMENTATION OF THE UN 2030 SUSTAINABLE DEVELOPMENT AGENDA, A CENTERPIECE OF THE SUMMIT OF THE FUTURE ("SOTF"). THE BUSINESS PACT CALLS FOR AN ALL-OF-SOCIETY APPROACH TO ACHIEVE THE UN'S GLOBAL GOALS AND TO PROMOTE PUBLIC-PRIVATE PARTNERSHIPS. IT HIGHLIGHTS SUPPORT FOR THE MULTILATERAL SYSTEM AND THE IMPORTANCE OF ENGAGING BUSINESS IN DECISION MAKING PROCESSES.
  3. $59,240 spent. THE FOUNDATION ASSISTED THE BIAC HEALTH COMMITTEE'S STRONGER TOGETHER INITIATIVE TO CONNECT THE OUTCOMES OF THE OECD HEALTH MINISTERIAL AND THE OECD HEALTH COMMITTEE PROGRAM OF WORK. THIS TWO-YEAR INITIATIVE WILL PROVIDE EVIDENCE AND INSIGHTS TO SUPPORT THE OECD HEALTH COMMITTEE'S WORK AND PROMOTE HEALTH RESILIENCE AS A KEY STRATEGY IN OUR SOCIOECONOMIC AND POLITICAL FRAMEWORKS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 1986.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: The Foundation (Houston, TX), EIN 92-0742101. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.