2019-11-11T11:19:32-06:00 2018-12-31 346565596 Ernst and Young US LLP 111 Monument Circle Ste 4000 Indianapolis IN 46204 990 2018-01-01 461561597 US Chamber of Commerce Foundation USCH 2024635590 1615 H ST NW Washington DC 20062 Stan M Harrell CFO 2024635590 2019-11-11 1 Jennifer Rhoderick P00395735 3176817000 209.3.198.20 2019-11-11 11:11:12 ES P A62120BDD6964BE211B960640D3C7E2FA9317D21 A62120BDD6964BE211B960640D3C7E2FA9317D21 2018 2020-03-31 21:24:44Z Stan M Harrell 1615 H ST NW Washington DC 20062 30185545 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 61 0 -10109 0 27170125 23227972 1487395 2268055 1755801 1387190 244121 269503 30657442 27152720 785828 1324998 0 0 6270320 6886560 0 0 642815 16428885 15869307 23485033 24080865 7172409 3071855 49970964 49897158 287113 317525 49683851 49579633 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 8986759 10000 944007 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. 4406117 713998 45750 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. 3705947 5000 260564 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. For more than 10 years, our programs, events, research, and relationships with key NGOs and governments have educated the public on how business can improve social and environmental conditions. 2338590 5000 7925 Research, public education, and meetings to drive the public policy debate on key or emerging issues affecting the business community. 1128732 0 990137 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. 594070 591000 211503 Contributions, ones which are over $5,000 are detailed in Schedule I. 4061392 596000 1209565 21160215 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 137 0 1 61 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 Diana Cantor Director 1.00 X 0 0 0 Suzanne Clark Exec VP & Director 6.00 34.00 X 0 2468998 37100 Michael Edwards 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 Richard Martella Jr Director 1.00 X 0 0 0 Donald Shepard Director 1.00 1.00 X 0 0 0 Lily Fu Claffee Gnl Cnsl & Secy 1.00 25.00 X 0 934574 34898 Thomas J Donohue CEO 1.00 40.00 X 0 6909025 -11911 Stan Harrell CFO 1.00 40.00 X 0 775788 59242 Ryan Meyers Gnl Cnsl & Secy 6.00 20.00 X 0 327631 33891 Carolyn Cawley Westermann Senior Vice President 21.00 19.00 X 390331 120000 34939 Marc E DeCourcey SVP, CCC 40.00 X 248000 0 63505 Eric Eversole Pres, HOH 38.00 2.00 X 0 504216 40950 Cheryl Oldham SVP, Educ & Workf USCCF 31.00 9.00 X 0 305934 49668 Justin Waller Operations officer 1.00 40.00 X 0 1024332 27424 Horace C Hodges Sr Dir, Events & Prog, HOH 40.00 X 201339 0 16572 Rebecca Mousseau Exec Dir, Corp Relations, CCC 40.00 X 158886 0 35603 Elizabeth O'Brien Sr Dir Military Spouse Prog 1.00 X 169496 0 15870 Kathryn Traver VP Operations, Asst Secy 40.00 X 199481 0 34350 Jason Tyszko VP, CEW 32.00 8.00 X 0 187139 35292 1367533 13557637 507393 16 0 1 0 The Markham Group LLC 1000 W 3RD Street Little Rock AR 72201 Consult on events 2830885 Propper Daley 6380 Wilshire Blvd Suite 1500 Los Angeles CA 90048 Public relations services 418949 Craft Media Digital 1600 K St NW Suite 300 Washington DC 20006 Graphic design 235909 Worn LLC PO Box 21413 New York NY 100871413 Graphic design 154999 HCM Strategists LLC 1156 15th St NW Suite 850 Washington DC 20036 Policy research 120680 7 37500 23190472 23227972 Professional training 611600 990107 990107 Govt svc grants 541900 723007 723007 Service sales 541900 316000 316000 Meetings revenue 900099 219239 219239 Advertising revenue 541800 19672 19672 30 30 2268055 1169269 -94208 1263477 3250746 3032825 217921 217921 64427 153494 Affiliate svc charges 561000 211503 211503 Bad debt recovery 900099 58000 58000 269503 27152720 2459886 -10109 1474971 X 1324998 1324998 801019 630323 170696 4419534 4072427 347107 1666007 1551462 114545 135993 25408 110585 67000 67000 96348 96348 6256348 6256348 356129 356129 594123 594119 4 910894 910894 1082816 1076114 6702 3319778 3316017 3761 Administrative support 2100000 2100000 Program support service 949628 949628 Taxes and fees 250 250 24080865 21160215 2277835 642815 5718558 4901376 9451025 9679199 34801381 35316583 49970964 49897158 287113 317525 287113 317525 X 31643142 31259355 18040709 18320278 49683851 49579633 49970964 49897158 X 3071855 -3275371 99298 X 0 1 X 1 0 X 25174523 57089297 21325898 27170125 23227972 153987815 25174523 57089297 21325898 27170125 23227972 153987815 18999876 134987939 19652 506785 793262 996466 1263477 3579642 37157 66310 154380 244121 269503 771471 158338928 6789456 0.85250 0.84030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 24672805 -3275371 1073794 -2201577 26874382 278338 278338 27152720 24695221 1073794 1073794 23621427 459438 459438 24080865 Part X, Line 2: ASC 740 footnote from 2018 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, 2018 or 2017. 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 2015. Part XI, Line 4b - Other Adjustments: Partnership pass through income ($94,208) Reclass investment fees as expenses $96,348 Interest revenue from agency transaction with affiliate $218,198 Reclass bad debt adjustment as bad debt recovery $58,000 Part XII, Line 4b - Other Adjustments: Reclass investment fees as expenses $96,348 Equity adjustment for returned contribution $5,090 Reclass bad debt adjustment as bad debt recovery $58,000 Agency transactions from affiliate $300,000 Europe 2 Program services. Corporate citizenship initiatives and emerging public policy education issues. 211500 North America 2 Program services. Corporate citizenship initiatives and emerging public policy education issues. 30350 Europe 0 0 Seminars and speaking engagements. Promote public debate on emerging issues and veteran civilian transition. 17195 0 4 0 0 0 4 259045 0 259045 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. 1 ALZHEIMERS ASSOCIATION-NATL CAPITAL AREA 3701 PENDER DR SUITE 400 FAIRFAX VA 220306045 521196162 501(c)(3) 10000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. AMERICA SUCCEEDS 1390 Lawrence St Denver CO 80204 455334937 501(c)(3) 45000 Partner in a cross-country tour promoting research showing that students and workers must partake in lifelong learning to remain competitive in the rapidly changing workforce. AMERICAN RED CROSS 8550 ARLINGTON BLVD FAIRFAX VA 22031 530196605 501(c)(3) 10000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. BLACKSTONE VALLEY CHAMBER OF COMMERCE INC 670 Linwood Ave Ste 5 Whintinsville MA 01588 043300984 501(c)(6) 95000 Grant to implement a work-based learning program to better connect students with learning opportunities in order to graduate ready for college and career. 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. EQUAL JUSTICE WORKS 1730 M Street NW Washington DC 20036 521469738 501(c)(3) 15000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. GEORGETOWN UNIVERSITY 37th and O Streets NW Washington DC 20057 530196603 501(c)(3) 10000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. GREATER PHOENIX CHAMBER FOUNDATION 201 N Central Suite 2700 Phoenix AZ 85004 811367313 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. GREATER SARASOTA CHAMBER OF COMMERCE FOUNDATION 1945 Fruitville Road Sarasota FL 34236 261563145 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. KENTUCKY CHAMBER FOUNDATION INC 464 CHENAULT ROAD FRANKFORT KY 40601 611284992 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. LANCASTER CHAMBER OF COMMERCE & INDUSTRY 100 South Queen St Lancaster PA 17603 232095463 501(c)(6) 95000 Grant to implement a work-based learning program to better connect students with learning opportunities in order to graduate ready for college and career. MAINE STATE CHAMBER OF COMMERCE EDUCATION FOUNDATION 125 Community Drive Suite 101 Augusta ME 04330 831165095 501(c)(3) 95000 Grant to implement a work-based learning program to better connect students with learning opportunities in order to graduate ready for college and career. MIRIAM'S KITCHEN 2401 VIRGINIA AVENUE NW Washington DC 20037 521331552 501(c)(3) 20000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. MOUNT VERNON LADIES ASSOCIATION PO Box 110 Mount Vernon VA 22121 540564701 501(c)(3) 10000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. NATIONAL 4-H COUNCIL 7100 Connecticut Ave Chevy Chase MD 20815 362862206 501(c)(3) 15000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. NATIONAL CAPITAL AREA COUNCIL BOY SCOUTS OF AMERICA 9190 ROCKVILLE PIKE BETHESDA MD 208143897 530204610 501(c)(3) 10000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. NATIONAL ENDOWMENT FOR DEMOCRACY 1025 F Street NW Washington DC 20004 521344831 501(c)(3) 10000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. 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 or seeking to cure an illness. PREVENT CANCER FOUNDATION 1600 DUKE STREET SUITE 500 Alexandria VA 22314 521429544 501(c)(3) 10000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. PUBLIC EDUCATION FORUM OF MISSISSIPPI 248 East Capitol Street Jackson MI 392253276 570897061 501(c)(3) 8000 Grant to execute communications activities and host an event focused on high-quality early childhood education. SAN DIEGO REGIONAL ECONOMIC DEVELOPMENT FOUNDATION 530 B Street Suite 700 San Diego CA 92116 330992658 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. SO OTHERS MIGHT EAT 5185 MacArthur Blvd Washington DC 20016 237098123 501(c)(3) 35000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. TEMPE CHAMBER OF COMMERCE FOUNDATION 1232 E Broadway Road Suite 211 Tempe AZ 85282 860786010 501(c)(3) 95000 Grant to implement a work-based learning program to better connect students with learning opportunities in order to graduate ready for college and career. THE LEUKEMIA & LYMPHOMA SOCIETY NATIONAL CAPITAL AREA CHAPTER 3601 EISENHOWER AVE SUITE 450 Alexandria VA 22303 135644916 501(c)(3) 10000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. URBAN ALLIANCE FOUNDATION 2030 Q STREET NW Washington DC 20009 521938443 501(c)(3) 42500 The Foundation supports organizations enhancing civil society or seeking to cure an illness. WAKE FOREST CHAMBER FOUNDATION FOR COMMON PROGRESS 350 S White St Wake Forest NC 27587 471878507 501(c)(3) 95000 Grant to implement a work-based learning program to better connect students with learning opportunities in order to graduate ready for college and career. WASHINGTON HUMANE SOCIETY 71 OGLETHORPE ST NW Washington DC 20011 530219724 501(c)(3) 25000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. WASHINGTON IRELAND PROGRAM FOR SERVICE AND LEADERSHIP 620 F St NW Washington DC 20004 522254430 501(c)(3) 10000 The Foundation supports organizations enhancing civil society or seeking to cure an illness. WREATHS ACROSS AMERICA PO Box 249 4 Point Street Columbia Falls ME 04623 208362270 501(c)(3) 7500 The Foundation supports organizations enhancing civil society or seeking to cure an illness. 27 2 Part I, Line 2: USCCF exercises due diligence in determining that funds are provided to reputable organizations and all expenditures are appropriately documented. X X 1 1 0 1 0 0 0 0 0 1 0 Suzanne Clark Exec VP & Director 0 731246 0 1550000 0 187752 0 975 0 36125 0 2506098 0 0 Lily Fu Claffee Gnl Cnsl & Secy 0 209189 0 700000 0 25385 0 28875 0 6023 0 969472 0 0 Thomas J Donohue CEO 0 1046208 0 5750000 0 112817 0 -22700 0 10789 0 6897114 0 0 Stan Harrell CFO 0 490723 0 210000 0 75065 0 32300 0 26942 0 835030 0 0 Ryan Meyers Gnl Cnsl & Secy 0 257840 0 65000 0 4791 0 28875 0 5016 0 361522 0 0 Carolyn Cawley Westermann Senior Vice President 315331 0 75000 120000 0 0 27983 0 6956 0 425270 120000 0 0 Marc E DeCourcey SVP, CCC 210380 0 34500 0 3120 0 27773 0 35732 0 311505 0 0 0 Eric Eversole Pres, HOH 0 295210 0 190000 0 19006 0 28875 0 12075 0 545166 0 0 Cheryl Oldham SVP, Educ & Workf USCCF 0 242769 0 63165 0 0 0 28875 0 20793 0 355602 0 0 Justin Waller Operations officer 0 522869 0 475000 0 26463 0 17875 0 9549 0 1051756 0 0 Horace C Hodges Sr Dir, Events & Prog, HOH 176339 0 25000 0 0 0 15313 0 1259 0 217911 0 0 0 Rebecca Mousseau Exec Dir, Corp Relations, CCC 140886 0 18000 0 0 0 8726 0 26877 0 194489 0 0 0 Elizabeth O'Brien Sr Dir Military Spouse Prog 159496 0 10000 0 0 0 3591 0 12279 0 185366 0 0 0 Kathryn Traver VP Operations, Asst Secy 184481 0 15000 0 0 0 7031 0 27319 0 233831 0 0 0 Jason Tyszko VP, CEW 0 177139 0 10000 0 0 0 19895 0 15397 0 222431 0 0 Part I, Line 1a One of the executives listed on Part VII of the core form have taken first class travel. Social club dues are available to one 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 169,796 Stan Harrell 75,065 Eric Eversole 19,006 Justin Waller 26,463 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 V Item 1a Number reported on 1096 US Chamber of Commerce Foundation is part of a consolidated treasury function where all payments are handled by an affiliated organization, the Chamber of Commerce of the USA. The number in box 1a relates to the 1099s that the US Chamber of Commerce Foundation would have issued without participating in a consolidated treasury function. 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 number in box 2a relates to the W-2s that the US Chamber of Commerce Foundation would have issued without participating in a consolidated payroll function. Form 990, Part VI, Section A, line 2 Suzanne Clark has a business relationship with Tom Donohue, Justin Waller, Eric Eversole, 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's Senior Executive Vice President and the Vice President, Talent Solutions who establishes job classifications and compensation ranges for all employees. Based on this information, individual total compensation is determined by the individual's supervisor and the US Chamber of Commerce's Senior Executive Vice 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 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 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 IX, line 11g Policy and Research Consulting: Program service expenses 5797385. Management and general expenses 0. Fundraising expenses 0. Total expenses 5797385. Temp Salaries: Program service expenses 151989. Management and general expenses 0. Fundraising expenses 0. Total expenses 151989. Video production: Program service expenses 289592. Management and general expenses 0. Fundraising expenses 0. Total expenses 289592. Photographic services: Program service expenses 17382. Management and general expenses 0. Fundraising expenses 0. Total expenses 17382. Form 990, Part XI, line 9: Flow through loss from partnership investments 94208. Equity adjustment for returned contribution per IRS rules 5090. 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 242699 Calculated interest Chamber of Commerce of the USA N 2100000 Cost allocation discounted 33% Chamber of Commerce of the USA O 6886561 Actual salaries & benefit alloc Chamber of Commerce of the USA P 949628 Alloc amt at 33% disc & act cost Chamber of Commerce of the USA Q 211503 Alloc amt actual cost