EIN 26-0708412

Georgia Chamber of Commerce Foundation

IRS 501(c) type
501(c)(3)
Num. employees
11
State
Year formed
2007
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Georgia Chamber of Commerce Foundation undertakes activities that educate the public on useful subjects for individuals and beneficial to the community. The Foundation primarily focuses on health care and work force development issues. In 2021, it played an integral role in setting the long-term strategic direction of the Georgia Chamber of Commerce by examining emerging trends, developing public policy, and performing data analysis.
Total revenues
$691,000
2022
Total expenses
$1,066,924
2022
Total assets
$1,049,882
2022
Num. employees
11
2022

Program areas at Georgia Chamber of Commerce Foundation

In 2022, the Georgia Chamber of Commerce Foundation (the Foundation) was integral in setting the long-term strategic direction of the Georgia Chamber of Commerce by examining emerging trends and performing policy and data analysis. This year the Foundation was responsible for: 7 amicus briefs 19 Foundation briefings 24 policy committee meetings288 policy committee members 11,400 survey responses from business leaders building on the work of Georgia 2030, the Foundation has continued to implement its strategic plan, the new Georgia economy to examine opportunities and risks that accompany the advent of new technologies and innovation. The new Georgia economy has three core areas which include addressing our workforce shortages and building long-term talent pipelines, developing infrastructure of the future, and creating a more dynamic, diverse economy. Two new member councils were launched in 2022. The hub Chamber council is a working policy council comprised of the leaders of 11 metropolitan chambers of Commerce across Georgia. Each has volunteered to come together in order to research and better understand issues that affect business in all regions that each Chamber represents, as well as to create a common policy platform regarding these issues. The council collaborates with regional and state development, economic and policy experts and interest groups to act as a voice to influence state policy goals and strives to do best for business in Georgia. Focus areas of the 2023 legislative session include workforce development and housing, future forward infrastructure, defense communities security & veterans affairs and fiscal security. This group issues its own legislative priorities and policy statements. The second member council that was launched was the manufacturing and industry council. This group will be distinct from other internal Chamber groups due to its focus specifically on Georgia's manufacturing sector. This group will be kept abreast of other Chamber initiatives of interest, allowing council members to leverage their membership to advance those that specifically impact the industry and the business community as a whole. This group will be distinct from other external groups in that it will foremost focus on policy development based on findings from data, research, and best practices. Through the thoughtful convening of Georgia's top manufacturers, the policy solutions will be advanced through legislative and agency actions as well as opportunities to implement solutions through partnerships. This group's primary objectives will not center around professional development or networking. The goals of the council are as follows including their 2022 priority areas: goals:- to promote economic growth and development of the manufacturing sector.- create quality curated content for the benefit of members, partners and the general public featuring the manufacturing sector and showcasing its economic impact. - develop policy recommendations for government and local action. - advance business best practices and research to provide business intelligence. - provide data, statistics, and research regarding Georgia's manufacturing industry to identify opportunities to bolster industry growth throughout the state. - to convene manufacturers to discuss emerging challenges and opportunities. - facilitate drafting of legislation in concert with gac when necessary. - examine legislative trends in surrounding states to better prepare for potential state and local action in Georgia, including legislation that would have positive and negative impacts. - specific areas of focus will be determined by council leadership with full council input each year. In 2023, this group will focus on: - talent development - workforce housing - supply chain the Foundation focused on the war for talent a great deal in 2022 because it has been identified as the top concern for member companies. To that end, the Foundation issued a war for talent report in january outlining recommendations for policymakers and best practices for business leaders. Additionally, Foundation staff engaged with several external groups to address the war for talent at the k-12, post-secondary, and workforce levels. Engagement with the deeper learning coalition focused on creating richer learning experiences for k-12 students that are tied to real world experiences. Working the achieve atlanta peer work group, enabled conversations focused on how to increase persistence and completion for those in higher education as well as how to facilitate stronger links to the workforce. Foundation staff worked with the Georgia house higher education workforce subcommittee to have member companies testify to the significant workforce shortages that were being experienced and potential solutions from their perspective. In 2022, the Chamber Foundation began a new effort focused on access to housing and homeownership. Georgia Chamber members reported having issues recruiting and retaining talent because there is not sufficient housing stock and home prices have risen significantly. Foundation staff testified to the Georgia house study committee on housing access and affordability. A key part of the Foundation is the policy committees which examine policy activity occurring throughout the united states and globally to identify best practices and challenges. Each policy committee developed strategic areas of focus for the coming year. They are as follows: business climate committee the Georgia Chamber's business climate committee examines policies related to strengthening and expanding Georgia's business-friendly climate and competitive advantages. Broadly, the committee considers topics related to tax structure, pro-growth policies, and regulations such as maintaining right to work laws. In 2023 the committee will focus on: - economic trends - supply chain - incentives - tax policy trends - innovations in manufacturing - workforce pipeline energy and natural resources the committee analyzes and advocates on federal and state energy, conservation, water and natural resource management issues. The committee actively responds to federal and state rulemaking proposals. The committee also works with members of the conservation community to promote endangered species and related policies, including the recent constitutional amendment 1, the Georgia outdoor stewardship act. In 2023 the committee will focus on: - legislative priorities - electric mobility - climate change - epa/ epd rulemaking - agriculture health and wellness healthcare is not only a concern for businesses, but it is increasingly an economic development issue for communities. The health and wellness committee has continued to build on the work of the Georgia Chamber's healthcare access study examining ways to expand access to quality healthcare and improve the way care is delivered to create better health outcomes. In 2023 the committee will focus on: - improving healthcare outcomes - Georgia's healthcare workforce - mental health - affordability innovation and technology the capacity to innovate is quickly becoming the most important determinant of economic growth. The innovation and technology committee focuses on emerging trends that impact businesses and communities and how to evolve in order to capitalize on these innovations and advancements. In 2023 the committee will focus on: - automation - cybersecurity and data protection - innovation of strategy and data utilization - tech equity - web3 law and judiciary originally concentrated on tort reform and judicial nominations, the law and judiciary committee has expanded its focus and efforts to include its amicus brief program, engaging in judicial races, and promoting fair legal policy in Georgia. This committee meets quarterly. In 2023 the committee will focus on: - apportionment - civil justice reform - negligent security - judicial engagement - amicus briefs talent and leadership the talent and leadership committee focuses on policies and initiatives that address talent and workforce challenges that are being seen across the state as the economy evolves and explore innovative ways to address those issues. In 2023 the committee will focus on: - barrier to post-secondary success - trends in upskilling and retraining - Georgia's evolving workforce - equity considerations for workforce growth and talent development

Grants made by Georgia Chamber of Commerce Foundation

GranteeGrant descriptionAmount
Choose OutdoorsGeneral Support$100,000
Georgia Partnership for Excellence in EducationEducation Grant$24,000

Who funds Georgia Chamber of Commerce Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Workforce Fairness Institute (WFI)General - Program Support$7,500

Personnel at Georgia Chamber of Commerce Foundation

NameTitleCompensation
James C ClarkChief Executive Officer and President / President and Chief Executive Officer$0
Stephanie MartinChief Financial Officer$0
Tasha AllenVice President , Talent Management and Diversity$0
Daniela PerrySenior Director Public Policy and Federal Affairs / Vice President Foundation$0
Neil PruittChair$0
...and 3 more key personnel

Financials for Georgia Chamber of Commerce Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$691,000
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$691,000

Form 990s for Georgia Chamber of Commerce Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-07990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
2018-122020-01-23990View PDF
...and 10 more Form 990s
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 6, 2024
Updated personnel
Identified 2 new personnel
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 3 new personnel
June 27, 2023
Received grants
Identified 1 new grant, including a grant for $7,500 from Workforce Fairness Institute (WFI)
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Business and industry
Characteristics
Political advocacyState / local levelTax deductible donations
General information
Address
270 Peachtree St NW 2200
Atlanta, GA 30303
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
County
Fulton County, GA
Website URL
gachamber.com/ 
Phone
(404) 223-2268
IRS details
EIN
26-0708412
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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