Pennsylvania Chamber of Business & Industry Educational Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PA CHAMBER FOUNDATION IS A 501(C)(3) PA CHAMBER AFFILIATED ENTITY THAT EXISTS TO SUPPORT THE CHAMBER'S MISSION. THE FOUNDATION WORKS IN PARTNERSHIP WITH THE PA CHAMBER TO ACCELERATE THE PRIORITIES OF THE BUSINESS COMMUNITY AND SUPPORTS RESEARCH AND EDUCATION PROGRAMS THAT POSITIVELY IMPACT PENNSYLVANIA'S COMPETITIVENESS, INFRASTRUCTURE, WORKFORCE DEVELOPMENT AND EQUALITY OF OPPORTUNITY.
- Income
- $769,430
- Spending
- $390,779
- Spent on programs
- 99%
- Reserves
- 43.1 months of spending
- Largest source of income
- donations and private grants, 93%
- Employees
- 0
- Volunteers
- 9
- Highest pay
- $760,674, president
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
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover 43.1 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 49% of income.
Income trend
15 of 15Income rose 217% on the year before.
Spending floor
15 of 1599% 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: 93 out of 100.
Independent board
25 of 257 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports 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 (1)
- $388,206 spent. THE PENNSYLVANIA CHAMBER EDUCATIONAL FOUNDATION IS ENGAGED IN A BOLD, COLLABORATIVE ECONOMIC RESURGENCE INITIATIVE THAT WILL CREATE A FRAMEWORK TO FOSTER LONG-TERM ECONOMIC GROWTH AND EQUALITY OF OPPORTUNITY IN THE COMMONWEALTH. WE'RE BLAZING A BOLD APPROACH THAT EMPHASIZES A COMPETITIVE PENNSYLVANIA, A SOLID INFRASTRUCTURE AND A STRONGER WORKFORCE THROUGH STRATEGIES THAT WILL LEAD TO A ROBUST ECONOMY AND EXPANDED OPPORTUNITIES.IN 2024, THE PA CHAMBER EDUCATIONAL FOUNDATION HOSTED AN ANNUAL ECONOMIC FORECAST SUMMIT. DESIGNED FOR CORPORATE EXECUTIVES, FINANCIAL OFFICERS, BOARD MEMBERS, AND INVESTORS, THE EVENT EDUCATED ATTENDEES ABOUT THE STATE OF THE COMMONWEALTH AND NATIONAL ECONOMIES BOTH NOW AND IN THE YEAR AHEAD. THE AGENDA FEATURED EXPERT ECONOMIC ANALYSTS, FORECASTERS, AND INNOVATION FUTURISTS WHO PROVIDED INSIGHTS TO HELP BUSINESS LEADERS UNDERSTAND DETAILS OF THE CURRENT ECONOMY AND PREPARE FOR WHAT'S COMING. A RECEPTION FOLLOWING THE EVENT HONORED FORMER PA CHAMBER PRESIDENT AND CEO GENE BARR, WHO EARNED THE CENTRAL PENN BUSINESS JOURNAL'S "ICON HONORS" AWARD FOR HIS SUCCESS AND LEADERSHIP WHILE AT THE HELM OF THE PA CHAMBER. CIVIL DISCOURSE AND CIVICS EDUCATION PLAY A CRITICAL ROLE IN MAINTAINING A FUNCTIONAL DEMOCRACY, AND IT'S INCREASINGLY IMPORTANT TO ENCOURAGE STUDENT ENGAGEMENT IN CIVICS SO YOUNG PEOPLE CAN BECOME FUTURE ENGAGED CITIZENS. IN 2024, THE PENNSYLVANIA CHAMBER FOUNDATION WAS PROUD TO CARRY ON ITS TWO-YEAR TRADITION WITH THE U.S. CHAMBER OF COMMERCE FOUNDATION AND CHAMBERS OF COMMERCE THROUGHOUT PENNSYLVANIA TO HOST THE PENNSYLVANIA CIVICS BEE AN AFFILIATE OF THE NATIONAL CIVICS BEE, WHICH ENCOURAGES YOUNG AMERICANS IN 6TH, 7TH, AND 8TH GRADE TO ENGAGE IN CIVICS AND CONTRIBUTE TO THEIR COMMUNITIES. MODELED ON TRADITIONAL SPELLING AND GEOGRAPHY BEES, THE COMPETITION ALLOWS STUDENTS TO WIN RECOGNITION AND EARN CASH PRIZES BY SHARING IDEAS FOR IMPROVING THEIR COMMUNITIES AND SHOWING THEIR KNOWLEDGE AND ENTHUSIASM FOR CIVICS. THE WINNER OF THE PENNSYLVANIA CIVICS BEE WENT ON TO COMPETE IN THE INAUGURAL NATIONAL CIVICS BEE NATIONAL CHAMPIONSHIP, WHICH TOOK PLACE IN WASHINGTON, D.C., IN NOVEMBER 2024.
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
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.
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 November 6, 2026.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1991.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 November 4, 2026.
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