Passes our checks

Thurston County Chamber Foundation

EIN 91-1543494 · Olympia, WA

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

What it says it does

BUILDING STRONG COMMUNITIES THROUGH EDUCATIONS, ENTREPRENUERSHIP, AND EQUITY.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 52 out of 100.

Reserves
4 of 35
Spendable reserves would cover 0.5 months of spending.
Debt
10 of 20
It owes 43% of what it owns.
Living within its means
15 of 15
Income exceeded spending by 40% of income.
Income trend
15 of 15
Income rose 102% on the year before.
Spending floor
8 of 15
51% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 48 out of 100.

Independent board
25 of 25
7 of 7 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no 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.
Independent check of accounts
6 of 15
Its accounts were not audited or reviewed 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 June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

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

Programs described in its return (3)

$69,906 spent. SMALL BUSINESS INCUBATOR: THE THURSTON COUNTY SMALL BUSINESS INCUBATOR IS CREATING JOBS BY HELPING ENTREPRENEURS AND SMALL BUSINESSES ACCESS THE RESOURCES THEY NEED FOR GROWTH AND LONG-TERM SUCCESS. THE INCUBATOR, A PROJECT OF THE THURSTON COUNTY CHAMBER FOUNDATION, IS SUPPORTED BY THE FOUNDATION, THE THURSTON COUNTY CHAMBER OF COMMERCE, THE BUSINESS COMMUNITY, AND LOCAL AND STATE GOVERNMENTS. FOR THE CURRENT YEAR, THE PROGRAM FOCUSED ON MINORITY OWNED MICRO BUSINESSES. 12 PEOPLE SERVED.
$201,048 spent. LEADERSHIP THURSTON COUNTY: A PROGRAM TO DEVELOP INFORMED, SKILLED AND COMMITTED LEADERSHIP REPRESENTATIVE OF THE AREA'S DIVERSE CITIZENS. THE PROGRAM WAS ESTABLISHED TO DEVELOP COMMUNITY LEADERS. IT IS A LOCAL PROGRAM CREATED SPECIFIALLY FOR OUR COMMUNITY AND DESIGNED TO HELP PARTICIPANTS: 1.ACQUIRE KNOWLEDGE AND A BROAD UNDERSTANDING OF THE COMPLEX ISSUES FACING SOUTH SOUND. 2.BUILD RELATIONSHIPS FOR COLLABORATIVE EFFORTS NEEDED TO RESOLVE CHALLENGES. 3.ENHANCE LEADERSHIP SKILLS THORUGH EXPERIENCES WITH COMMUNITY LEADERS AND OTHER ACTIVITIES DURING THE YEAR. 75 STUDENTS SERVED.
$31,692 spent. THURSTON THRIVES IS A COMMUNITY INITIATIVE TO IMPROVE THE HEALTH AND SAFETY FOR ALL PEOPLE IN THURSTON COUNTY. USING A COLLECTIVE IMPACT FRAMEWORK, THURSTON THRIVES BRINGS TOGETHER LOCAL JURISIDICTIONS, BUSINESSES AND NONPROFITS TO FIND NEW WAYS OF WORKING TOGETHER TO ADDRESS OUR REGIONS' MOST PRESSING NEEDS. 165 PEOPLE SERVED.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

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 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 October 1996.
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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