GEORGIA CHAMBER OF COMMERCEFOUNDATION INC

ATLANTA, GA, 30303-1581 (404) 223-2268 Est. 2007 EIN 26-0708412
S41 - Chambers of Commerce & Business Leagues 990 - Public charity return 501(c)(3)
gachamber.com

Mission

THE GEORGIA CHAMBER OF COMMERCE FOUNDATION UNDERTAKES ACTIVITIES, WHICH EDUCATE THE PUBLIC ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY THE FOUNDATION PRIMARILY FOCUSES ON THE ISSUES OF HEALTH CARE AND WORK FORCE DEVELOPMENT IN THE STATE OF GEORGIA. THE FOUNDATION PROMOTES DEVELOPMENT OF POLICIES IN GEORGIA WHICH ADDRESS THE CRISIS IN HEALTH CARE FINANCING AND ITS IMPACT ON GEORGIA BUSINESSES AND EMPLOYEES. THE FOUNDATION ALSO IS INVOLVED IN ACTIVITIES TO IMPROVE THE TRAINING AND MARKETABILITY OF GEORGIA'S WORK FORCE TO BRING HEALTHY ECONOMIC GROWTH TO ALL PARTS OF THE STATE

Giving Portfolio

Total Grants
45
Total Giving
$1.2M
Recipients
43
Years Active
2018 - 2024
Avg grant: $29,495 Median: $25,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202437$999K $27K350
20231$25K $25K01
20222$124K $62K11
20203$82K $27K30
20182$13K $6K20

Sectors Funded

Education
5
Community Improvement
1

Top States

Georgia
44
Colorado
1

Grantee Size Profile

$1M - $5M
3
$500K - $1M
2
Under $100K
1
Over $50M
1

Top Grantees

Page 1 of 3
DOOLY COUNTY SCHOOL SYSTEM
GA - 2 grants
$50K
JOHNSON COUNTY BOARD OF EDUCATION
GA
$50K
FRANKLIN COUNTY SCHOOLS
GA
$50K
WILKES COUNTY SCHOOLS
GA - 2 grants
$50K
MERIWETHER COUNTY SCHOOL SYSTEM
GA
$50K
BERRIEN COUNTY BOARD OF EDUCATION
GA
$50K
CHATTAHOOCHEE COUNTY SCHOOL DISTRICT
GA
$49K
DECATUR COUNTY SCHOOLS
GA
$49K

Grants Awarded · 44 grants

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Financials

Total Revenue
$2,871,929
Total Expenses
$2,940,330
Net Assets
$-253,215
7 employees 8 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
1.0 months deficit Deficit
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 323.5%
Expenses ↑ 192.8%
Revenue Sources
Contributions 100.0%
Expense Breakdown
Program 88.0% Management 6.8% Fundraising 5.1%

Officers & Trustees (12)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$2,871,929 ↑$2,940,330$-253,215
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$678,183 ↓$1,004,355$-184,814
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$691,000 ↓$1,066,924$141,358
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$1,217,825 ↑$1,184,783$1,173,177
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$436,000 $151,051$1,153,479

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EIN: 26-0708412 · Source: IRS Form 990 e-file data