2020-11-11T12:31:24-06:00 2019-12-31 346565596 Ernst and Young US LLP 111 Monument Circle Ste 4000 Indianapolis IN 46204 990 2019-01-01 461561597 US Chamber of Commerce Foundation USCH 2024635590 1615 H ST NW Washington DC 20062 Stan M Harrell CFO 2024635590 2020-11-11 1 Jennifer Rhoderick P00395735 3176817000 216.200.160.162 2020-11-11 13:08:00 ES P A62120BDD6964BE211B960640D3C7E2FA9317D21 A62120BDD6964BE211B960640D3C7E2FA9317D21 2019 2021-01-29 14:40:06Z Stan M Harrell 1615 H ST NW Washington DC 20062 34997981 0 X http://www.uschamberfoundation.org/ X 2012 DE The US Chamber of Commerce Foundation conducts (Please see Schedule O for the continuation) charitable and educational activities to address issues affecting our nation, our economy, and the global business environment. 7 6 64 0 4413 0 23227972 25056312 2268055 2185316 1387190 1688104 269503 309118 27152720 29238850 1324998 1208010 0 0 6886560 7805274 0 0 981623 15869307 19515038 24080865 28528322 3071855 710528 49897158 55857911 317525 497190 49579633 55360721 X The US Chamber of Commerce Foundation conducts charitable and educational activities to address issues affecting our nation, our economy, and the global business environment. 0 0 10015368 15000 561584 Hiring Our Heroes (HOH) is a nationwide effort to help veterans, transitioning service members, and military spouses find meaningful employment. The US Chamber of Commerce Foundation runs the program to improve public-private sector coordination in hundreds of communities across America. 5710026 190000 267635 The Center for Education and Workforce, through its research, programs, and policy on education and skills training, mobilizes the business community to be more engaged partners, challenge the status quo, and connect education and workforce reforms to economic development. 3896204 52000 196526 The US Chamber of Commerce Foundation Corporate Citizenship Center is a leading resource for educating the public and sharing best practices as to how businesses can make a difference. Our programs, events, research, and relationships with key NGOs and governments have educated the public on how business can improve social and environmental conditions. 1025837 0 1117206 Institute for Organization Management:Institute for Organization Management is the professional education program of the US Chamber of Commerce Foundation. It is the premier nonprofit professional education program for association and chamber professionals, fostering individual growth through interactive learning and networking opportunities. Since 1921, the Institute has educated thousands of past, current, and future nonprofit leaders from across the country, making it one of the oldest and best regarded adult education programs in nonprofit management. 3259261 134910 4100 Research, public education, and meetings to drive the public policy debate on key or emerging issues affecting the business community. 933137 816100 309118 Contributions, ones which are over $5,000 are detailed in Schedule I. 5218235 951010 1430424 24839833 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 X 196 0 1 64 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 AL AR CA CO FL GA HI IL KS KY MA MD MI MN MS NH NJ NM NY OH OR PA RI SC TN UT VA WI WV X Stan M Harrell 2024635590 1615 H ST NW Washington DC 20062 Thomas J Donohue CEO 1.00 40.00 X 0 6649224 18882 Suzanne Clark President & Director 2.00 38.00 X 0 2998166 147589 Justin Waller Operations officer 1.00 40.00 X 0 1140477 27631 Stan Harrell CFO 1.00 40.00 X 0 772423 327521 Carolyn Cawley Westermann Senior Vice President 20.00 20.00 X 359669 198600 34036 Eric Eversole Pres, HOH 36.00 4.00 X 306702 209823 54652 Ryan Meyers Gnl Cnsl & Secy 15.00 25.00 X 0 379787 33405 Kathryn Traver VP Operations, Asst Secy 40.00 X 201087 0 201947 Cheryl Oldham SVP, Educ & Workf USCCF 33.00 7.00 X 0 311247 50332 Marc E DeCourcey SVP, CCC 40.00 X 279712 0 56039 Rebecca Mousseau Exec Dir, Corp Relations, CCC 40.00 X 183960 0 147729 Michael Carney SVP Emerging Issues 40.00 X 231915 0 48193 Horace C Hodges Sr Dir, Events & Prog, HOH 40.00 X 217473 0 24197 Jason Tyszko VP, CEW 32.00 8.00 X 0 193905 35827 Diana Cantor Director 1.00 X 0 0 0 Jennifer L Dorn Director 1.00 X 0 0 0 Thomas Kuhn Director 1.00 X 0 0 0 William G Little Chair/Director 1.00 1.00 X 0 0 0 Michael S Neal Director 1.00 X 0 0 0 Donald Shepard Director 1.00 X 0 0 0 1780518 12853652 1207980 20 0 1 0 The Markham Group LLC 1000 W 3RD Street Little Rock AR 72201 Consult on events 3537252 Propper Daley 6380 Wilshire Blvd Suite 1500 Los Angeles CA 90048 Public relations services 469606 Robert G Sheets 5515 Pershing Ave Downers Grove IL 60515 Educational consulting 197486 Advoc 8 LLC PO Box 90480 Washington DC 20090 Digital and print services 149875 HCM Strategists LLC 1156 15th St NW Suite 850 Washington DC 20036 Policy research 145113 8 5400 25050912 25056312 Professional training 611600 1117206 1117206 Govt svc grants 541900 432584 432584 Meetings revenue 900099 333261 333261 Service sales 541900 264000 264000 Sales promotion 900099 19500 19500 18765 18765 2185316 1447011 -84758 1531769 6000224 5759131 241093 241093 50906 190187 Affiliate svc charges 561000 309118 309118 309118 29238850 2456169 4413 1721956 X 1208010 1208010 1090810 817733 273077 4922544 4568862 353682 1791920 1675205 116715 142340 32724 109616 67000 67000 116285 116285 8263495 8263473 22 421679 421319 360 714975 714789 186 774682 774682 1576970 1534499 42471 3968088 3882978 85110 Administrative support 2530000 2530000 Program support service 761718 761718 Bad debt 176000 66000 110000 Taxes and fees 1806 1556 250 28528322 24839833 2706866 981623 4901376 8572523 9679199 6772493 35316583 40512895 49897158 55857911 317525 497190 317525 497190 X 31259355 33485275 18320278 21875446 49579633 55360721 49897158 55857911 X 710528 4985802 84758 X 0 1 X 1 0 X 57089297 21325898 27170125 23227972 25038781 153852073 57089297 21325898 27170125 23227972 25038781 153852073 17983721 135868352 553740 885964 1087559 1263477 1531769 5322509 66310 154380 244121 269503 309118 1043432 160218014 8216933 0.84800 0.85250 X Section B Line 10 Affiliate service charges. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 34554701 4985802 589681 5575483 28979218 259632 259632 29238850 28564718 589681 589681 27975037 553285 553285 28528322 Part X, Line 2: ASC 740 footnote from 2019 audit: Management's analysis of uncertain tax positions as required under Financial Accounting Standards Board Accounting Standards Codification (ASC) 740, Income Taxes, determined that USCCF had no uncertain tax positions, and, as such, no liability has been recorded as of December 31, 2019 or 2018. Management does not anticipate any material changes in this position in the next 12 months. USCCF is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes USCCF is no longer subject to income tax examinations for years prior to 2016. Part XI, Line 4b - Other Adjustments: Partnership pass through income ($84,758) Reclass investment fees as expenses $116,285 Interest revenue from agency transaction with affiliate $228,105 Part XII, Line 4b - Other Adjustments: Agency transactions from affiliate $437,000 Reclass investment fees as expenses $116,285 East Asia 0 1 Program services. MBA Case competition. 825 Europe 0 8 Program services. Corporate citizenship initiatives and emerging public policy education issues. 172953 North America 0 2 Program services. Corporate citizenship initiatives and emerging public policy education issues. 1000 Europe 0 0 Seminars and speaking engagements. Educate on corporate citizenship, emerging issues and veteran civilian transition. 67131 North America 0 0 Seminars and speaking engagements. Educate on corporate citizenship and workforce issues. 3085 East Asia 0 0 Seminars and speaking engagements. Educate public on veteran civilian transition. 2242 0 11 0 0 0 11 247236 0 247236 0 0 0 0 0 0 Part I, line 3: Schedule F Part I We use the accrual method of accounting on all of our transactions. Part III Accounting Method: 1 Alzheimers Association-National Capital Area Chapter 8180 Greensboro Dr Suite 400 McLean VA 22102 133039601 501(c)(3) 10000 The Foundation supports organizations enhancing social well being. American Legislative Exchange Council 2900 Crystal Drive Arlington VA 22202 520140979 501(c)(3) 42000 To support broad educational programs on business and the law. Battle Creek Area Chamber Foundation 34 West Jackson St Battle Creek MI 49017 383506154 501(c)(3) 7500 Grant to implement Sharing Solutions - opioid misuse in the workplace program. Blue Star Families PO BOX 230637 Encinitas CA 92023 800369895 501(c)(3) 10000 Contribution in support of the Blue Star Families White Oak Conference whose goal is to better support American veterans. We have worked with Blue Star Families in the past and are confident our contribution wil be well spent. Buffalo Niagara Partnership Foundation 257 West Genesee Street Buffalo NY 14202 160761958 501(c)(3) 25000 Grant to implement a work-based learning program to better connect students with learning opportunities to graduate ready for college and career. Chamber of Commerce for Greater Philadelphia Regional Foundation 200 South Broad Street Philadelphia PA 19102 232653189 501(c)(3) 40000 Grant to pilot test the Foundation's Job Data Exchange, a program designed to improve how clearly employers communicate their hiring needs to learners and workers. Convergence Center for Policy Resolution 1133 19th Street NW Washington DC 20036 320280279 501(c)(3) 20000 The Foundation supports organizations enhancing civil society. George Mason Foundation 3301 Fairfax Drive Arlington VA 22201 541603842 501(c)(3) 325000 To support broad educational programs on business and the law. Hands on DC 2600 Crystal Drive Arlington VA 22202 522265271 501(c)(3) 5500 The Foundation supports organizations enhancing civil society. Harlem Children's Zone 35 East 125th Street New York NY 10035 237112974 501(c)(3) 60000 The Foundation supports organizations enhancing civil society. Institute for Workforce Development & Economic Sustainability 1414 Cherry Street Olympia WA 98501 912140837 501(c)(3) 20000 Grant to produce a report highlighting child care costs and challenges in Washington state. Also sponsorship of an event series to promote the challenges posed by a lack of accessible and affordable childcare. Maryland Chamber of Commerce 60 West Street Annapolis MD 21401 521784310 501(c)(6) 5410 Grant to implement Sharing Solutions - opioid misuse in the workplace program. Miriam's Kitchen 2401 Virginia Ave NW Washington DC 20037 521331552 501(c)(3) 10000 The Foundation supports organizations enhancing civil society. National 4-H Council Po Box Baltimore MD 21297 362862206 501(c)(3) 12000 The Foundation supports organizations enhancing civil society. National Cryptologic Museum Foundation PO Box 1563 Millersville MD 21108 521986104 501(c)(3) 100000 The Foundation supports organizations enhancing civil society. Partnership for Public Service 1100 New York Ave Suite 200 East Washington DC 20005 061540513 501(c)(3) 8000 The Foundation supports organizations enhancing civil society. Prevent Cancer Foundation 1600 Duke Street Alexandria VA 22314 521429544 501(c)(3) 10000 The Foundation supports organizations enhancing social well being. Reporters Committee for Freedom of the Press 1156 15th Street NW Washington DC 20005 520972043 501(c)(3) 25000 The Foundation supports organizations enhancing civil society. So Others Might Eat 60 O Street NW Washington DC 20001 237098123 501(c)(3) 35000 The Foundation supports organizations enhancing civil society. Southeast Michigan Community Alliance 25363 Eureka Taylor MI 48180 382675191 501(c)(3) 40000 Grant to pilot test the Foundation's Job Data Exchange, a program designed to improve how clearly employers communicate their hiring needs to learners and workers. The Advertising Council 815 Second Ave New York NY 10017 130417693 501(c)(3) 50000 Support for the Foundation's workforce readiness campaign to inspire and empower Americans to achieve career success, created in cooperation with leading private, public and nonprofit sector partners. The Federalist Society 1776 Eye Street NW Washington DC 20006 363235550 501(c)(3) 70000 To support broad educational programs on business and the law. The John F Kennedy Center for the Performing Arts 2700 F Street NW Washington DC 20566 530245017 501(c)(3) 25000 The Foundation supports organizations enhancing civil society. The Leukemia and Lymphoma Society National Captial Area Chapter 3601 Eisenhower Ave SUITE 450 Alexandria VA 22303 135644916 501(c)(3) 10000 The Foundation supports organizations enhancing social well being. The Recycling Partnership Inc 125 Rowell Court Falls Church VA 22046 371622018 501(c)(3) 25000 This is another implementation partner for our Beyond 34 sustainability project. Both CCC and our corporate partners have worked with TRP for many years. University of Southern California University Gardens Los Angeles CA 90089 951642394 501(c)(3) 50000 Contribution to support research on media representations of professions and businesses. Urban Alliance Foundation 2030 Q Street NW Washington DC 20009 521938443 501(c)(3) 50000 The Foundation supports organizations enhancing civil society. Washington Humane Society 71 Ogelthrope Street NW Washington DC 20011 530219724 501(c)(3) 30000 The Foundation supports organizations enhancing civil society. 27 1 Part I, Line 2: USCCF exercises due diligence in determining that funds are provided to reputable organizations and all expenditures are appropriately documented. X 1 1 0 1 0 0 0 0 0 1 0 Thomas J Donohue CEO 0 1046228 0 5500000 0 102996 0 8200 0 10682 0 6668106 0 0 Suzanne Clark President & Director 0 734514 0 2050000 0 213652 0 115100 0 32489 0 3145755 0 0 Justin Waller Operations officer 0 522869 0 575000 0 42608 0 18200 0 9431 0 1168108 0 0 Stan Harrell CFO 0 493135 0 210000 0 69288 0 306400 0 21121 0 1099944 0 0 Carolyn Cawley Westermann Senior Vice President 359669 118600 0 80000 0 0 29400 0 4636 0 393705 198600 0 0 Eric Eversole Pres, HOH 305382 0 0 190000 1320 19823 29400 0 25252 0 361354 209823 0 0 Ryan Meyers Gnl Cnsl & Secy 0 296093 0 75000 0 8694 0 29400 0 4005 0 413192 0 0 Kathryn Traver VP Operations, Asst Secy 181087 0 20000 0 0 0 169320 0 32627 0 403034 0 0 0 Cheryl Oldham SVP, Educ & Workf USCCF 0 248247 0 63000 0 0 0 29400 0 20932 0 361579 0 0 Marc E DeCourcey SVP, CCC 219152 0 57500 0 3060 0 29400 0 26639 0 335751 0 0 0 Rebecca Mousseau Exec Dir, Corp Relations, CCC 146460 0 37500 0 0 0 123607 0 24122 0 331689 0 0 0 Michael Carney SVP Emerging Issues 211915 0 20000 0 0 0 15092 0 33101 0 280108 0 0 0 Horace C Hodges Sr Dir, Events & Prog, HOH 192473 0 25000 0 0 0 22902 0 1295 0 241670 0 0 0 Jason Tyszko VP, CEW 0 183905 0 10000 0 0 0 20606 0 15221 0 229732 0 0 Part I, Line 1a None of the executives listed on Part VII of the core form have taken first class travel. Social club dues are available to two of the executives listed in Part VII of the core form for business use only. None of these expenses are treated as taxable benefits. Part I, Line 3 The US Chamber of Commerce Foundation relied on the performance and compensation committee of a related organization. Total compensation is reviewed annually by an independent compensation consultant. The consultant prepares a compensation study primarily utilizing, as available, Form 990s and surveys of comparable organizations with similar responsibilities. Based on this information, total compensation is determined by the related organization's Performance and Compensation Committee on an annual basis for the US Chamber of Commerce Foundation's top official, who is not paid by the US Chamber of Commerce Foundation. Part I, Line 4b Supplemental Pension list: Suzanne Clark 209,664 Stan Harrell 69,288 Justin Waller 42,608 Eric Eversole 19,694 Ryan Meyers 8,694 The Supplemental Pension Plan provides cash payments to participants based on a formula that coordinates with the benefits that cannot be paid by the Retirement Plan due to the qualified plan pay cap under the law. These benefits are calculated and paid annually; there is no deferred component. Part I, Line 7 The US Chamber of Commerce Foundation's executive compensation is provided in the form of base salaries and performance based bonuses. The bonuses are contingent upon individual and organizational results and are not guaranteed in future years. Form 990, Part IV Question 12 Auditing of financial statements The US Chamber of Commerce Foundation is a related organization within the consolidated financial statements of the US Chamber of Commerce. Schedule R lists some additional related organizations included in the US Chamber of Commerce consolidated financial statements. Form 990, Part IV Question 26 The loan in Part X Line 6 is with the US Chamber of Commerce, which meets the definition of a disqualified person for the purposes of Line 6. However according to the Schedule L instructions, the Chamber does not meet the requirement of an interested person; thus, this loan is not disclosed on Schedule L. Form 990 Part V Item 1a Number reported on 1096 US Chamber of Commerce Foundation is part of a consolidated treasury function with affiliated organizations where an affiliated organization, the Chamber of Commerce of the USA makes payments on behalf of the US Chamber of Commerce Foundation. The number in box 1a is the number of information returns filed by the Chamber of Commerce of the USA on behalf of the US Chamber of Commerce Foundation. Form 990 Part V Item 2a Number reported on W-3 US Chamber of Commerce Foundation is part of a consolidated payroll function where all payroll functions are handled by an affiliated organization, the Chamber of Commerce of the USA. The Chamber of Commerce of the USA is the statutory employer for the employees of the US Chamber of Commerce Foundation and pays compensation on behalf of the US Chamber of Commerce Foundation. The number in box 2a is the number of the US Chamber of Commerce Foundation's employees reported on Form W-3 by the Chamber of Commerce of the USA. Form 990, Part VI, Section A, line 2 Suzanne Clark has a business relationship with Tom Donohue, Justin Waller, Stan M Harrell, Ryan Meyers, Cheryl Oldham, and Jason Tyszko. Form 990, Part VI, Section A, line 6 The US Chamber of Commerce Foundation (USCCF) has one class of membership. The sole member of USCCF is the Chamber of Commerce of the USA. Form 990, Part VI, Section A, line 7a The sole member of the US Chamber of Commerce Foundation is the Chamber of Commerce of the USA, which has the right to elect or appoint a majority of members of the governing body of US Chamber of Commerce Foundation. Form 990, Part VI, Section A, line 7b The following actions require the prior written approval of the Member: 1 Amending the Certificate of Incorporation; 2 Amending or repealing the bylaws or adopting new bylaws; 3 Adopting an agreement of merger or consolidation; 4 Adopting a plan of wind-up and dissolution; 5 The sale, lease, transfer, or other disposition of all or any substantial part of the Corporation's assets or properties; and 6 The creation of a subsidiary or another related organization. Form 990, Part VI, Section B, line 11b The draft Form 990 was provided in advance to the Board of Directors and reviewed individually with each member prior to filing. The board receives the most recently completed tax return at the next regularly scheduled meeting. The 990 is reviewed by an independent accounting firm. Form 990, Part VI, Section B, line 12c We annually notify staff of the Standards of Conduct and Ethics policy, which includes a requirement that any transaction or relationship that is reasonably expected to give rise to an actual or apparent conflict of interest be brought to the attention of a supervisor, a senior manager in the Talent Solutions department or the Office of the General Counsel. In addition, we issue an annual written questionnaire to all members of the board of directors asking for information on potential conflicts of interest, which is gathered by the Chief Financial Officer. All reports of potential conflicts will be evaluated by the General Counsel in consultation with other senior management and staff, as appropriate. Any conflicts of interest involving board members or staff are resolved in accordance with the USCCF's conflicts of interest policies. Form 990, Part VI, Section B, line 15b Part VI Question 15a The Chief Executive Officer is an employee of the US Chamber of Commerce and is not compensated by the organization. Part VI Question 15b The process for determining total compensation for the four key employees, whose compensation is charged to the US Chamber of Commerce Foundation, is as follows. An independent compensation consultant provides supporting data and analysis to the US Chamber of Commerce Foundation's Senior Vice President and the US Chamber of Commerce's Vice President, Talent Solutions who establishes job classifications and compensation ranges for all employees. These two executives then make their recommendations to the US Chamber of Commmerce Foundation's President. Based on this information, individual total compensation is determined by the individual's supervisor and the US Chamber of Commerce Foundation's President, and the Vice President, Talent Solutions on an annual basis. Form 990, Part VI, Section C, line 19 The Form 990 is made available to any member of the public who requests a copy. Any requestor is forwarded to the Administrative Director of Finance of the US Chamber of Commerce, who will forward a copy of the document to the requestor. The organization's governing documents and conflict of interest policy were made available during the filing period with the organization's Form 1023 which was filed on February 4, 2013. The organization's financial statements are not made available to the public but are reflected in the financial data of the Form 990. Form 990, Part IX, line 11g Policy and Research Consulting: Program service expenses 7774861. Management and general expenses 0. Fundraising expenses 22. Total expenses 7774883. Temp Salaries: Program service expenses 127892. Management and general expenses 0. Fundraising expenses 0. Total expenses 127892. Video production: Program service expenses 334151. Management and general expenses 0. Fundraising expenses 0. Total expenses 334151. Photographic services: Program service expenses 26569. Management and general expenses 0. Fundraising expenses 0. Total expenses 26569. Form 990, Part XI, line 9: Flow through loss from partnership investments 84758. Chamber of Commerce of the USA 1615 H St NW Washington DC 20062 530045720 An advocate for the nation's businesses to national leaders DC 501(c)(6) N/A N/A 0 Center for International Private Enterprise 1155 15th St NW Washington DC 20005 521398742 Promotes democracy through private enterprise and market reform. DC 501(c)(3) 7 Chamber of Commerce of the USA 0 USIBC Global Private Limited Jeevan Bharti Branch New Dehli New Dehli IN To enhance bilateral trade between India and USA IN C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 Chamber of Commerce of the USA S 235310 Calculated interest Chamber of Commerce of the USA N 2530000 Cost allocation discounted 33% Chamber of Commerce of the USA O 7805274 Actual salaries & benefit alloc Chamber of Commerce of the USA P 761718 Alloc amt at 33% disc & act cost Chamber of Commerce of the USA Q 309118 Alloc amt actual cost