Prince William Chamber Foundation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
- Raising each dollar of donations cost 57 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE FOUNDATION MISSION IS TO ENGAGE AND CONNECT THE GREATER PRINCE WILLIAM COUNTY BUSINESSES WITH INITIATIVES THAT BRIDGE GAPS IN THE AREAS OF EDUCATION, UNDERSERVED POPULATIONS AND COMMUNITY BUILDING; ALL TO GROW AND ENHANCE WORKFORCE DEVELOPMENT. THE FOUNDATION EXISTS TO ADVANCE THE ABILITY OF OUR PARTNERS TO ENGAGE WITH THE COMMUNITY TO SOLVE CHALLENGES AND BUILD ON PAST SUCCESSES. ACCORDINGLY, THE FOUNDATION WILL BUILD TEAMS, IMPLEMENT STRATEGIES AND FOSTER SOLUTIONS THAT REQUIRE BUY-IN FROM PRINCE WILLIAM BUSINESSES & COMMUNITY LEADERS. WE WILL UTILIZE OUR EXISTING NETWORK TO ENLIST THOSE LEADERS AND IDENTIFY THE PATH TO FUTURE SUCCESSES.
- Income
- $290,212
- Spending
- $545,056
- Spent on programs
- 81%
- Reserves
- -8.1 months of spending
- Largest source of income
- fees for its services, 79%
- Employees
- 0
- Volunteers
- 50
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 10 out of 100. Higher than 0% of charities in its peer group (philanthropy, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 269186% of what it owns.
Living within its means
0 of 15Spending exceeded income by 88% of income.
Income trend
10 of 15Income fell 3% on the year before.
Spending floor
0 of 1581% of spending went to programs and raising each dollar of donations cost 57 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100. Higher than 73% of charities in its peer group (philanthropy, $250k to $1m).
Independent board
25 of 2513 of 13 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
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.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, 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)
- $441,570 spent. THE FOUNDATION MISSION IS TO ENGAGE AND CONNECT THE GREATER PRINCE WILLIAM COUNTY BUSINESSES WITH INITIATIVES THAT BRIDGE GAPS IN THE AREAS OF EDUCATION, UNDERSERVED POPULATIONS AND COMMUNITY BUILDING; ALL TO GROW AND ENHANCE WORKFORCE DEVELOPMENT. THE FOUNDATION EXISTS TO ADVANCE THE ABILITY OF OUR PARTNERS TO ENGAGE WITH THE COMMUNITY TO SOLVE CHALLENGES AND BUILD ON PAST SUCCESSES. ACCORDINGLY, THE FOUNDATION'S PROGRAM EVENTS SYNERGIZES TEAMS, IMPLEMENTS STRATEGIES AND FOSTERS SOLUTIONS THAT REQUIRE BUY-IN FROM PRINCE WILLIAM BUSINESSES & COMMUNITY LEADERS. THE FOUNDATION UTILIZES AN EXISTING NETWORK OF LOCAL BUSINESSES TO ENLIST THEIR LEADERS AND TO IDENTIFY THE PATH TO FUTURE SUCCESSES.
Source: Form 990 for the year ending June 30, 2025, 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? Worth knowing.
Status was revoked on November 15, 2023 for not filing returns for three years, and reinstated on February 15, 2025.
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 June 2025.
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 February 2025.
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.