Greater Atlanta Chamber Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE GREATER ATLANTA CHAMBER FOUNDATION, INC. WAS ESTABLISHED TO SERVE AS A COMMUNITY FUND, I.E., A COMMUNITY FOUNDATION, TO FUND SPECIFIC ATLANTA CHAMBER OF COMMERCE ORIENTED PROJECTS THAT ARE DESIGNED TO PROMOTE CHARITABLE AND EDUCATIONAL PROJECTS IN THE CITY OF ATLANTA AND ITS METROPOLITAN AREA.
- Income
- $2.9 million
- Spending
- $4.8 million
- Spent on programs
- 100%
- Reserves
- -1.3 months of spending
- Largest source of income
- donations and private grants, 97%
- Employees
- 0
- Volunteers
- 224
- Highest pay
- $815,295, president & 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
Weak: 30 out of 100. Higher than 2% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 202% of what it owns.
Living within its means
0 of 15Spending exceeded income by 64% of income.
Income trend
15 of 15Income rose 33% on the year before.
Spending floor
15 of 15100% 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
Good: 70 out of 100. Higher than 23% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 25223 of 224 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no 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
0 of 10Did not give 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 (15)
- $1.9 million spent. PROGRAM PASS THRU'S Education/Talent: *To grow the metro Atlanta region's talent and workforce advantage. *Further develop The Atlanta Talent Collaborative, convening top HR professionals to create a robust talent pipeline for the region's most-in-demand jobs. *Place 150 individuals into jobs through Connect to Work GA. *Georgia Intern App, placing 400 interns with leading metro businesses with a focus on rural Georgia HBCU, USG School and a majority of TCSG schools. Community/Destination Downtown: *Accelerate Downtown Reimagined initiative by engaging consultants, community leaders and public officials in a coordinated effort to focus on lasting improvements for downtown Atlanta. Focusing on improvement of infrastructure, safety, cleanliness, housing, homelessness, and development, including advancing policy changes. Community/Regional Water: *Study the potential impact of advancing water policy and any lessons learned that will help to sustain or improve its use.
- $728,836 spent. PUBLIC AFFAIRS/COMMUNICATIONS *MAC WORKS TO STRENGTHEN METRO ATLANTA'S REPUTATION AS A TOP-TIER GLOBAL REGION, *POSITION MAC LEADERSHIP AND BOARD MEMBERS AS REGIONAL THOUGHT LEADERS AND SOUGHT-AFTER EXPERTS, AND *CREATE, EDIT, AND PUBLISH MATERIALS AND DIGITAL MARKETING THAT DRIVE THE CHAMBER'S OVERALL MISSION
- $672,839 spent. EDUCATION/TALENT *TO GROW THE METRO ATLANTA REGION'S TALENT AND WORKFORCE ADVANTAGE, MAC HAS CREATED AND IS FURTHER DEVELOPING: *A NEW BRAND TO ATTRACT AND RETAIN TALENT, "ATLANTA - WHERE YOU BELONG" *THE ATLANTA TALENT COLLABORATIVE, CONVENING TOP HR PROFESSIONALS TO CREATE ROBUST TALENT PIPELINES FOR THE REGION'S MOST IN-DEMAND JOBS *CONNECT TO WORK GA, CONNECTING HIRING MANAGERS TO TALENT FROM UNDERREPRESENTED COMMUNITIES *CREDENTIAL LIBRARY, CREATING A COMPREHENSIVE CATALOG OF DEGREES AND CERTIFICATIONS COMMONLY HELD ACROSS INDUSTRIES *GEORGIA INTERN APP, PLACING INTERNS WITH LEADING METRO BUSINESSES WITH A FOCUS ON RURAL AND HBCU TALENT
- $600,903 spent. PUBLIC POLICY PROGRAM OPERATIONS
- $542,602 spent. DIVERSITY EQUITY & INCLUSION
- $214,667 spent. PUBLIC POLICY
- $103,259 spent. ENVIRONMENTAL
- $68,520 spent. METRO EXPORT PLAN
- $6,458 spent. WORKFORCE DEVELOPMENT
- (Expenses $ 600,903 including grants of $ 0)(Revenue $ 0) PUBLIC POLICY PROGRAM OPERATIONS
- (Expenses $ 542,602 including grants of $ 0)(Revenue $ 1,000) DIVERSITY EQUITY & INCLUSION
- (Expenses $ 214,667 including grants of $ 0)(Revenue $ 12,000) PUBLIC POLICY
- (Expenses $ 103,259 including grants of $ 0)(Revenue $ 0) ENVIRONMENTAL
- (Expenses $ 68,520 including grants of $ 0)(Revenue $ 17,558) METRO EXPORT PLAN
- (Expenses $ 6,458 including grants of $ 0)(Revenue $ 0) WORKFORCE DEVELOPMENT
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 May 1977.
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.
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.