The US Chamber of Commerce Foundation is the charitable arm of the US Chamber of Commerce, operating as a 501(c)(3) nonprofit organization based in Washington, DC. The Foundation harnesses the power of business to create solutions for the good of America and the world, anticipating, developing, and deploying solutions to challenges facing communities today and tomorrow.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$62.5M
+2.2% YoY
Annual Giving
$1.9M
Grant Count
55
Avg Grant Size
$34K
Mission & Focus Areas
The Foundation's mission centers on turning business vision into real impact in communities across America and around the world. Primary focus areas include:
- Workforce Development - Developing solutions to meet America's workforce needs, including career pathways and real-world learning initiatives
- Disasters - Helping businesses and communities respond to, prepare for, and recover from disasters
- Civics - Supporting civic education initiatives, including juror education programs
- Corporate Social Responsibility - Mobilizing business resources for community benefit
Grantmaking
The Foundation provides grants with typical award ranges of $5,625 to $2,037,916. In fiscal year 2024, the Foundation distributed $9,230,287 in total giving. The Foundation maintains an active grantmaking program, though specific application processes are not detailed in available sources.
How to Apply
es are not detailed in available sources.
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Geographic Focus
Where this funder awards grants
The Foundation's grantmaking priorities include Virginia, California, and the District of Columbia, with national reach across America.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024:
- Total Assets: $62,454,280
- Revenue: $42.3 million
- Expenses: $44.4 million
- Total Liabilities: $10.2 million
- Program Spend: 88%
- Management Spend: 7%
- Fundraising Spend: 5%
Fiscal Year 2023:
- Revenue: $37,774,439
- Expenses: $37,796,273
- Assets: $61,116,898
The Foundation maintains strong financial health with a Four-Star rating (92% score) based on accountability and finance metrics.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $62,454,280 | $61,116,898 | $56,374,001 |
| Revenue | $42,251,033 | $37,774,439 | $32,762,291 |
| Expenses | $44,438,918 | $37,796,273 | $38,568,091 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,541,837 | $4,047,257 | $821,891 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
171 grants across all recorded years
Open Grants
1 open opportunity from US Chamber of Commerce Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
David Johnson serves as Executive Director of the Foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Suzanne Clark | Director, CEO | 3 | — |
| Diana Cantor | Director | 1 | — |
| Nicole Lamb-Hale | Director | 1 | — |
| Michael S Neal | Director | 1 | — |
| Thomas J Wilson | Director/Chair | 1 | — |
| Justin Waller | COO | 2 | — |
| David Detweiler | General Counsel/ Secretary | 2 | — |
| Christine Kanuch | CFO | 2 | — |
| Carolyn Cawley Westermann | President | 34 | $363,098 |
| Michael Carney | President | 38 | $373,774 |
| Nikkita Subramanian | Asst Secretary | 30 | — |
| Eric Eversole | Pres, HOH | 40 | $329,976 |
| Marc DeCourcey | SVP | 40 | $310,471 |
| Howard Byck | SVP, Partnerships | 40 | $293,458 |
| Jason Tyszko | SVP, Policy & Programs | 33 | — |
| Elizabeth O'Brien | SVP, Programs & Events | 40 | $253,057 |
| Cheryl Oldham | SVP | 24 | — |
| Robert Glenn | VP, Resiliency | 40 | $233,312 |
| Stefan Freiberg | CFO | — | — |
Recent News & Activity
Recent developments and announcements
The Foundation has launched initiatives to expand career pathways and real-world learning opportunities. Recent programs include scholarship awards, with twelve scholarship recipients selected from 800 applicants. The Foundation also operates a Small Business Grant Program and maintains an active portfolio of grants, loans, and programs to benefit small businesses.
Small Business Grant Program AwardsSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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