US Chamber of Commerce Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The US Chamber of Commerce Foundation harnesses the power of business to create solutions for the good of America and the world.
- Income
- $42.3 million
- Spending
- $44.4 million
- Spent on programs
- 88%
- Reserves
- 8 months of spending
- Largest source of income
- donations and private grants, 84%
- Employees
- 74
- Volunteers
- 136
- Highest pay
- $8.4 million, director, ceo
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
Good: 78 out of 100. Higher than 72% of charities in its peer group (education, $10m to $100m).
Reserves
28 of 35Spendable reserves would cover 8.0 months of spending.
Debt
16 of 20It owes 16% of what it owns.
Living within its means
4 of 15Spending exceeded income by 5% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 6 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: 95 out of 100. Higher than 44% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 254 of 5 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
7 of 7Has a 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
0 of 5Reports no independent review process for its chief executive's pay.
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 (10)
- $14.4 million spent. Hiring Our Heroes (HOH) - HOH is a nationwide effort to help veterans, transitioning service members, and military spouses find meaningful employment, including through educational efforts.
- $8.1 million spent. Disaster Response and Resiliency - the resilience portfolio supports community building and disaster preparedness by providing direct grants to small businesses affected by disaster and delivering education and training to communities so employers can be more resilient in the future.
- $5.5 million spent. Workforce - our workforce programming aims to build better pathways to quality careers by bridging crucial communication gaps between business and education and harnessing new technologies to support the people and enhancing their skills through education.
- $4.2 million spent. The Civic Trust - the Civic Trust is a nonpartisan educational initiative committed to increasing civic literacy, skills, and participation in schools, workplaces, and communities. Its largest initiative is the National Civics Bee, a nonpartisan national competition for middle school students that also engages their parents and other adults in civic learning.
- $2.0 million spent. Education - our education programming recognizes that quality education is essential to a building a competitive workforce and supports data-driven, region-specific childcare and K-12 education solutions.
- $1.6 million spent. Incubator - incubator pilot programs, including the Global Threats Initiative, to source, vet, and nurture cutting-edge solutions for the problems of tomorrow.
- $1.1 million spent. Signature Events - convenes leaders across business, government, and nonprofits to engage in discussion on a variety of topics supporting the US Chamber of Commerce Foundation's mission.
- $1.1 million spent. Judiciary Training - online training related to the importance of jury service and educational programs for international judges.
- $668,503 spent. Other - other activities that are supporting the mission including community development through educational coaching/mentoring opportunities.
- $219,379 spent. Historic Preservation - US Chamber of Commerce Foundation awards grantsfor historic preservation to the Chamber of Commerce of the USA to ensure the public continues to benefit from the value of historical and architectural landmarks.
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 October 13, 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 October 2013.
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 October 21, 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.