2023-11-13T15:22:47-06:00 2022-12-31 346565596 Ernst & Young US LLP 111 Monument Circle Ste 4000 Indianapolis IN 46204 990 2022-01-01 461561597 US Chamber of Commerce Foundation USCH 2024635590 1615 H ST NW Washington DC 20062 Stefan Freiberg CFO 2024635590 2023-11-13 1 Stefan Freiberg 999009999 0 Jennifer Rhoderick P00395735 3176817000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Stefan Freiberg 1615 H ST NW Washington DC 20062 38451264 0 X http://www.uschamberfoundation.org/ X 2012 DE The US Chamber of Commerce Foundation harnesses (Please see Schedule O for the continuation) the power of business to create solutions for the good of America and the world. 5 4 65 132 46034 0 53612150 30634307 659839 1056709 3197365 821891 537625 249384 58006979 32762291 30028730 9091046 0 0 8445081 9027642 0 0 1264905 15646017 20449403 54119828 38568091 3887151 -5805800 77506306 56374001 14835064 6479278 62671242 49894723 X The US Chamber of Commerce Foundation harnesses the power of business to create solutions for the good of America and the world. 0 0 14276037 2052361 157797 Hiring Our Heros (HOH) - HOH is a nationwide effort to help veterans, transitioning service members, and military spouses find meaningful employment. 7356744 200000 487898 Center for Education and Workforce (CEW) - CEW conducts research and produces programs on education and workforce issues. 5778580 2418600 91588 Corporate Citizenship Center (CCC) - CCC is a leading resource for educating the public on how businesses can and do make a difference by solving the complex challenges facing society. 2623294 75625 165202 Emerging Issues (EI) - EI conducts research, produces public education programs, and convenes experts to address emerging issues affecting the business community. Within the EI program is the Civic Trust, a nonpartisan educational initiative committed to increasing civic literacy, skills, and participation in schools, workplaces, and communities. 2310526 2294165 0 Global Task Force (GTF) - GTF is a public-private partnership that provides a unified platform for businesses to mobilize and deliver resources to assist COVID-19 efforts amid rising case counts across the globe. 1835220 1835220 0 Historic Preservation - The US Chamber of Commerce Foundation awards grants for historic preservation to ensure the public continues to benefit from the value of historical and architectural landmarks. 225378 0 267805 Institute for Organization Management (IOM) - IOM offers professional education training for association and chamber professionals, fostering individual growth through interactive learning and networking opportunities. 215075 215075 143384 Other activities - Contributions, ones which are over $5,000 are detailed in Schedule I. 7209493 4420085 576391 34620854 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 X 222 0 1 65 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 X 5 4 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 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 ND X Stefan Freiberg 2024635590 1615 H ST NW Washington DC 20062 Suzanne Clark Director, CEO 3.00 37.00 X X 0 5903062 423032 Diana Cantor Director 1.00 0.00 X 0 0 0 Thomas Kuhn Director 1.00 0.00 X 0 0 0 Michael S Neal Director 1.00 1.00 X 0 0 0 Thomas J Wilson Chair/Director 1.00 1.00 X 0 0 0 Justin Waller COO 2.00 38.00 X 0 1748189 139975 Carolyn Cawley Westermann President 30.00 10.00 X 370066 254717 39649 Stefan Freiberg CFO 2.00 38.00 X 0 530087 47770 David Detweiler General Counsel/ Secretary 2.00 38.00 X 0 155325 10718 Kathryn Traver VP Ops & Asst Secretary 40.00 0.00 X 126975 0 -235421 Eric Eversole Pres, HOH 40.00 0.00 X 332696 200000 34561 Marc DeCourcey SVP, CCC 40.00 0.00 X 326649 0 56276 Michael Carney SVP Emerging Issues 37.00 3.00 X 362816 0 63267 Cheryl Oldham SVP, Educ & Workf USCCF 24.00 16.00 X 0 357636 49174 Jason Tyszko VP, Policy & Programs 31.00 9.00 X 0 231422 46024 Morna Dexter VP Ops & Comms 40.00 0.00 X 223938 0 36204 Rebecca Mousseau Exec Dir, Corp Relations 40.00 0.00 X 209287 0 -188277 John Wood General Counsel 0.00 0.00 X 0 350000 32025 1952427 9730438 554977 28 1 1 0 The Markham Group LLC 1000 W 3RD Street Little Rock AR 72201 Program execution 5193837 The Atlantic Monthly Group LLC PO Box 21663 New York NY 10087 Communications support 265150 Robert G Sheets 5515 Pershing Ave Downers Grove IL 60515 Workforce research & project mgmt 200380 HCM Strategists LLC 501 Congress Ave Suite 150 Austin TX 78701 Education research & project mgmt 180623 Hamilton Place Strategies LLC 805 15th St NW Suite 200 Washington DC 20005 Public affairs consulting 120000 11 30634307 30634307 Service sales 541900 358000 358000 Professional training 611600 250105 250105 Sponsorship and meetin 900099 237650 237650 Govt svc grants 541900 156008 156008 Sales promotion 900099 53157 53157 1789 1789 1056709 1281216 -43065 1324281 5229648 5688973 -459325 -459325 35942 -495267 Affiliate svc charges 561000 249384 249384 249384 32762291 1252936 46034 829014 X 4767486 4767486 2098044 2098044 2225516 2225516 1035287 784162 251125 5631315 4748337 882978 2361040 2025238 335802 196426 79094 117332 75000 75000 124455 124455 12088749 12088749 137910 137910 397703 397703 1823641 1823641 681459 681459 2188088 2188088 Administrative support 2490000 2490000 Program support service 450722 450722 Taxes and fees 250 250 Bad debt recovery -205000 -205000 38568091 34620854 2682332 1264905 16039230 10355474 11919239 4574560 2024441 237600 47523396 41206367 77506306 56374001 2256770 62468 12578294 6416810 14835064 6479278 X 40111661 30097723 22559581 19797000 62671242 49894723 77506306 56374001 X -5805800 -7013784 43065 X 0 1 X 1 0 X 23227972 25056312 46249138 53612150 30626726 178772298 23227972 25056312 46249138 53612150 30626726 178772298 31316430 147455868 1263477 1531769 1274721 1414291 1324281 6808539 269503 309118 185241 537625 249384 1550871 187131708 6998506 0.78800 0.79470 X Section B Line 10 Affiliate service charge. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 28172045 -7013784 2504928 -4508856 32680901 81390 81390 32762291 40948564 2504928 2504928 38443636 124455 124455 38568091 Part X, Line 2: ASC 740 footnote from 2022 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, 2022 or 2021. Management does not anticipate any material changes in this position in the next 12 months. Management believes USCCF is no longer subject to income tax examinations for years prior to 2019. Part XI, Line 4b - Other Adjustments: Partnership pass through income ($43,065) Reclass investment fees as expenses $124,455 Part XII, Line 4b - Other Adjustments: Reclass investment fees as expenses $124,455 1 East Asia and the Pacific 0 0 Grants and other assistance. Equipment donated to assist in the fight against COVID-19. 2037916 East Asia and the Pacific 0 0 Grants and other assistance. Support for disaster resilience program. 20000 Europe 0 0 Grants and other assistance. Support for AmCham Ukraine employees. 67600 Europe 0 4 Program services. Corporate citizenship initiatives and emerging public policy education issues. 198741 Europe 0 0 Seminars and speaking engagements. Educate on corporate citizenship. 1916 North America 0 0 Grants and other assistance. Support for disaster resilience program. 25000 North America 0 0 Seminars and speaking engagements. Educate on workforce issues and professional education training. 3372 South Asia 0 0 Grants and other assistance. Equipment donated to assist in the fight against COVID-19 75000 0 4 0 0 0 4 2429545 0 2429545 East Asia and the Pacific Equipment donated to assist in the fight against COVID-19. 0 2037916 Equipment FMV East Asia and the Pacific Support for disaster resilience program. 20000 Check 0 North America Support for disaster resilience program. 25000 Wire transfer 0 South Asia Equipment donated to assist in the fight against COVID-19. 0 75000 Equipment FMV 0 4 Support for AmCham Ukraine employees. Europe 45 67600 Wire transfer 0 0 0 0 0 0 Part I, Line 2: The US Chamber of Commerce Foundation entered into contracts with four independent companies for the purchase, delivery and installation of medical equipment in support of the fight against the COVID-19 pandemic. The medical equipment was delivered to government agencies in the respective countries. The US Chamber of Commerce Foundation executes grant agreements for grants made to other 501(c)(3), 501(c)(6) and other organizations. Each grant agreement includes a proposal outlining the program and activities the grant funds will be used for. Each agreement stipulates that funds must be spent on (c)(3)-appropriate activities and all expenditures must be properly documented. The US Chamber of Commerce Foundation donated funds to AmCham Ukraine employees that were displaced due to the conflict in Ukraine. The donations were delivered, managed and monitored by a third party. 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 A HOUSE CALLED HUE LLC 4827 OLD NATIONAL HWY UNIT 1156 COLLEGE PARK GA 30337 831312241 25000 0 To aid a struggling small business in an economically distressed community. AIR XEO INC 2107 N DECATUE RD 435 DECATUR GA 30033 842986125 25000 0 To aid a struggling small business in an economically distressed community. ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION INC 8180 GREENSBORO DR SUITE 400 MC LEAN VA 22102 133039601 501(c)(3) 10000 0 Sponsorship of the Brain Ball charity event. APOSTROPHE PUZZLES 1028 NEW YORK AVENUE D4 BROOKLYN NY 11203 843941863 25000 0 To aid a struggling small business in an economically distressed community. ARKANSAS COMMUNITY COLLEGES 721 WEST 2ND STREET LITTLE ROCK AR 72201 710795889 501(c)(3) 10000 0 Grant to train leaders on improving career pathways for disadvantaged students. BALLERSWORLD 207 RICHARD ALLEN CT MONCKS CORNER SC 29461 461644607 25000 0 To aid a struggling small business in an economically distressed community. BIPARTISAN POLICY CENTER INC 1225 EYE STREET NW SUITE 1000 WASHINGTON DC 20005 731628382 501(c)(3) 125000 0 Grant to increase awareness of child care needs in nine regions/states. BOARD OF TRUSTEES OF ILLINOIS STATE UNIVERSITY CAMPUS BOX 1200 NORMAL IL 617901200 376014070 501(c)(3) 10000 0 Grant to train leaders on improving career pathways for disadvantaged students. BROWNSVILLE CHAMBER OF COMMERCE 1600 UNIVERSITY BLVD BROWNSVILLE TX 78520 740530305 501(c)(6) 8375 0 Grant to raise awareness for civics education through a local competition. CATERING BY DESIGN LLC 129 TRADITIONS LANE HAMPTON GA 30228 372026557 25000 0 To aid a struggling small business in an economically distressed community. CHAMBER OF COMMERCE COUNCIL BLUFFS IOWA 149 WEST BROADWAY COUNCIL BLUFFS IA 51503 420198270 501(c)(6) 8375 0 Grant to raise awareness for civics education through a local competition. CHAMBER OF COMMERCE OF THE USA 1615 H STREET WASHINGTON DC 20062 530045720 501(c)(6) 1835220 0 Grant for the historic preservation of the Chamber of Commerce of the USA Building at 1615 H Street, NW Washington, DC, a registered historic landmark, in partnership with the National Trust for Historic Preservation. All payments under the grant must be for costs approved by the National Trust for Historic Preservation. This grant ensures that the public benefits from the historical and architectural value of the building. CHE RAQUEL WARD 118 CROCKER ROAD HAVELOCK NC 28532 863216355 25000 0 To aid a struggling small business in an economically distressed community. COLORADO CHAMBER FOUNDATION 1600 BROADWAY SUITE 1000 DENVER CO 80202 742324426 501(c)(3) 6750 0 Grant to raise awareness for civics education through a local competition. COPPER LAKES DISTRIBUTORS LLC 17910 VAN DYKE ST SUITE 1272 DETROIT MI 482343954 844033203 25000 0 To aid a struggling small business in an economically distressed community. FOCUS COMPLETE LAWN SERVICE & LANDSCAPING 2543 GROVE PARK SCHERTZ TX 78164 810878409 25000 0 To aid a struggling small business in an economically distressed community. GREATER CROFTON CHAMBER OF COMMERCE INC PO BOX 4146 CROFTON MD 21114 521643395 501(c)(6) 8375 0 Grant to raise awareness for civics education through a local competition. IOWA CHAMBER ALLIANCE 700 WALNUT STREET SUITE 1600 DES MOINES IA 50307 823376034 501(c)(6) 6750 0 Grant to raise awareness for civics education through a local competition. KEEPING YOU SWEET 310 LENOX AVENUE PATERSON NJ 07502 815027822 25000 0 To aid a struggling small business in an economically distressed community. KENTUCKY CHAMBER FOUNDATION INC 464 CHENAULT ROAD FRANKFORD KY 40601 611284992 501(c)(3) 10000 0 Contribution to tornado relief effort. KENTUCKY CHAMBER FOUNDATION INC 464 CHENAULT ROAD FRANKFORD KY 40601 611284992 501(c)(3) 6750 0 Grant to raise awareness for civics education through a local competition. LISETTE LAVERGNE LAW PC 7080 HOLLYWOOD BLVD SUITE 1100 LOS ANGELES CA 90028 821862675 25000 0 To aid a struggling small business in an economically distressed community. MASON CITY CHAMBER OF COMMERCE 9 N FEDERAL AVE MASON CITY IA 50401 420398820 501(c)(6) 8375 0 Grant to raise awareness for civics education through a local competition. MY DADDY'S RECIPES LLC 815 N LABREA AVENUE 409 INGLEWOOD CA 90302 862344896 25000 0 To aid a struggling small business in an economically distressed community. NATIONAL BLACK CHAMBER OF COMMERCE 601 PENNSYLVANIA AVENUE NW SOUTH BUILDING 900 WASHINGTON DC 20004 351889294 501(c)(3) 25000 0 Grant to serve as partner in small business grant program. NEW MEXICO ASSOCIATION OF COMMERCE AND INDUSTRY PO BOX 9706 ALBUQUERQUE NM 87119 850124357 501(c)(6) 6750 0 Grant to raise awareness for civics education through a local competition. PANORAMIC LEARNING ACADEMY LLC 1614 ALCATRAZ AVE B BERKELEY CA 94703 844450000 25000 0 To aid a struggling small business in an economically distressed community. PETIT BEAU-TY & GROOMING COMPANY 917 NE 62ND STREET SUITE A FT LAUDERDALE FL 33334 823421752 25000 0 To aid a struggling small business in an economically distressed community. PLANTING PEOPLE GROWING JUSTICE LLC PO BOX 131984 SAINT PAUL MN 55113 474833750 25000 0 To aid a struggling small business in an economically distressed community. POSTSECONDARY ELECTRONIC STANDARDS COUNCIL 1250 CONNECTICUT AVENUE NW SUITE 700 WASHINGTON DC 20036 522179499 501(c)(3) 10000 0 Membership supporting open data exchange standards. PRECISION MEDIA AND DESIGNS 101 W 5TH ST UNIT 6024 TEMPE AZ 85281 844202258 25000 0 To aid a struggling small business in an economically distressed community. PRIME PROPOSAL GROUP INC 7901 4TH STREET N SUITE 300 ST PETERSBURG FL 33702 834407910 25000 0 To aid a struggling small business in an economically distressed community. SHELBY TECHNOLOGY SOLUTIONS 214 WEST TEXAS SUITE 1109 MIDLAND TX 79701 872895757 25000 0 To aid a struggling small business in an economically distressed community. SO OTHERS MIGHT EAT 71 O STREET NW WASHINGTON DC 20001 237098123 501(c)(3) 20000 0 Sponsorship of young professionals program, support towards breaking poverty cycle in DC. SOW & REAP PHYSICAL THERAPY LLC 2009 AIRLINE DR SUITE 300-288 BOSSIER CITY LA 71111 843012678 25000 0 To aid a struggling small business in an economically distressed community. STATE OF LA SOUTHERN UNIVERSITY AND A&M COLLEGE PO BOX 9294 2 ROOSEVELT STEPTOE DRIVE BATON ROUGE LA 70813 726000817 60000 0 Donation to establish a scholarship fund. STATE OF MICHIGAN DEPARTMENT OF LABOR AND ECONOMIC OPPORTUNITY 2501 WOODLAKE CIRCLE OKEMOS MI 48864 386000134 30000 0 Grant to train leaders on improving career pathways for disadvantaged students. TALLAHASSEE CHAMBER OF COMMERCE INC PO BOX 1639 300 E PARK AVENUE TALLAHASSEE FL 32301 590474165 501(c)(6) 10000 0 Grant to train leaders on improving career pathways for disadvantaged students. TEXAS ASSOCIATION OF BUSINESS & CHAMBER OF COMMERCE FOUNDATION 316 W 12TH STREET 200 AUSTIN TX 78701 743021673 501(c)(3) 6750 0 Grant to raise awareness for civics education through a local competition. THE GREATER PUEBLO CHAMBER OF COMMERCE 302 SANTA FEE AVENUE PUEBLO CO 81003 840296940 501(c)(6) 8375 0 Grant to raise awareness for civics education through a local competition. THE HOWARD UNIVERSITY 1851 9th STREET NW 3RD FLR WASHINGTON DC 20001 530204707 501(c)(3) 60000 0 Donation to establish a scholarship fund. THE LEUKEMIA & LYMPHOMA SOCIETY NATIONAL CAPITAL AREA CHAPTER PO BOX 22470 NEW YORK NY 100872446 135644916 501(c)(3) 7500 0 Sponsorship of Students of the Year program. THE NATIONAL BUSINESS LEAGUE INC 1001 WOODWARD AVENUE SUITE 910 DETROIT MI 48226 731714404 501(c)(3) 25000 0 Grant to serve as partner in small business grant program. TINA'S TIRES INC 808 1ST STREET WEST RIVIERA BEACH FL 33404 834420688 25000 0 To aid a struggling small business in an economically distressed community. URBAN ALLIANCE FOUNDATION 2030 Q STREET NW WASHINGTON DC 20009 521938443 501(c)(3) 30000 0 Sponsorship of internship program. USBC ECONOMIC DEVELOPMENT CORPORATION 1001 CONNECTICUT AVENUE NW SUITE 504 WASHINGTON DC 20036 900899831 501(c)(3) 25000 0 Grant to serve as partner in small business grant program. WALKER'S LEGACY LLC 80 M STREET SE STE 100 WASHINGTON DC 20003 464936795 25000 0 Grant to serve as partner in small business grant program. WASHINGTON HUMANE SOCIETY 71 OGLETHORPE ST NW WASHINGTON DC 20011 530219724 501(c)(3) 10000 0 Sponsorship of Bark Ball charity event. WOOFBOWL LLC 155 WATER ST BROOKLYN NY 11201 823812010 25000 0 To aid a struggling small business in an economically distressed community. 16 34 Cash prize for Civics Bee winners. 16 9000 Vehicle giveaway to a military connected individual. 1 40433 FMV Vehicle Wages and fees for military connected individuals placed in corporate internships. 486 2048611 Part I, Line 2: The US Chamber of Commerce Foundation executed a grant agreement with the Chamber of Commerce of the USA for historic preservation. All payments under the grant must be for costs approved by the National Trust for Historic Preservation. Formal transfer of funds occurs after a review and approval of costs involved between grantee and grantor. The US Chamber of Commerce Foundation operates programs to support small businesses in America's most economically distressed communities, with the mission being to prevent community deterioration. The programs include direct cash assistance, as well as educational training and coaching, to support the growth and resiliency of the small businesses and the communities they serve. The US Chamber of Commerce Foundation executes grant agreements for grants made to other 501(c)(3), 501(c)(6) and other organizations. Each grant agreement includes a proposal outlining the program and activities the grant funds will be used for. Each agreement stipulates that funds must be spent on (c)(3)-appropriate activities and all expenditures must be properly documented. The US Chamber of Commerce Foundation supports a small number of charities tied to our purpose, strategic intent, or strategic priorities. These sponsorships focus on the community in which we live and work or are connected to our mission. X X 1 1 X X X 0 1 0 0 0 0 0 1 0 Suzanne Clark Director, CEO 0 1487753 0 4375000 0 40309 0 392025 0 31007 0 6326094 0 0 Justin Waller COO 0 647697 0 1100000 0 492 0 129525 0 10450 0 1888164 0 0 Carolyn Cawley Westermann President 370066 124717 0 130000 0 0 18969 13056 4516 3108 393551 270881 0 0 Stefan Freiberg CFO 0 430087 0 100000 0 0 0 19825 0 27945 0 577857 0 0 Eric Eversole Pres, HOH 328784 0 0 200000 3912 0 32025 0 2536 0 367257 200000 0 0 Michael Carney SVP Emerging Issues 282816 0 80000 0 0 0 32025 0 31242 0 426083 0 0 0 Cheryl Oldham SVP, Educ & Workf USCCF 0 275536 0 82000 0 100 0 31705 0 17469 0 406810 0 0 Marc DeCourcey SVP, CCC 242737 0 80000 0 3912 0 32025 0 24251 0 382925 0 0 0 John Wood General Counsel 0 0 0 350000 0 0 0 32025 0 0 0 382025 0 0 Jason Tyszko VP, Policy & Programs 0 216372 0 15000 0 50 0 26728 0 19296 0 277446 0 0 Morna Dexter VP Ops & Comms 193938 0 30000 0 0 0 24069 0 12135 0 260142 0 0 0 David Detweiler General Counsel/ Secretary 0 155325 0 0 0 0 0 2538 0 8180 0 166043 0 0 Part I, Line 1a Two of the individuals listed in Part VII of the core form utilized travel for companions at least once for business travel. Social club dues are available to two of the individuals listed in Part VII of the core form for business use only. Part I, Line 4b The Chamber of Commerce of the USA sponsors a non-qualified 457(f) deferred compensation plan for select employees. The plan provides for additional compensation for service through selected dates. If participants leave prior to the selected dates, the additional compensation may be forfeited or reduced. 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 The US Chamber of Commerce Foundation is a related organization within the consolidated financial statements of the Chamber of Commerce of the USA. Schedule R lists some additional related organizations included in the Chamber of Commerce of the USA consolidated financial statements. Form 990, Part IV Question 26 The receivable in Part X Line 6 is with the Chamber of Commerce of the USA, which meets the definition of a disqualified person for the purposes of Line 6. However according to the Schedule L instructions, the Chamber of Commerce of the USA does not meet the requirement of an interested person; thus, this receivable 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 VI, Section A, line 2 Suzanne Clark, Justin Waller, Stefan Freiberg, and David Detweiler have a business relationship. Form 990, Part VI, Section A, line 6 The US Chamber of Commerce Foundation has one class of membership. The sole member of US Chamber of Commerce Foundation 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 15 Part VI Question 15a The process for determining total compensation for the President is as follows: Total compensation is reviewed annually by an independent compensation consultant. The consultant prepares a compensation study primarily utilizing, as available, Forms 990 and surveys of comparable organizations with similar positions. Based on this information, total compensation is determined by the Chamber of Commerce of the USA's President and CEO, and the Chief Human Resource Officer, USCC and USCCF, on an annual basis. Part VI Question 15b The process for determining total compensation for the two 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 President and the Chamber of Commerce of the USA's Chief Human Resource Officer, USCC and USCCF, 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 Foundation's President, and the Chief Human Resource Officer, USCC and USCCF, 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 Chamber of Commerce of the USA, 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 11704933. Management and general expenses 0. Fundraising expenses 0. Total expenses 11704933. Temp Salaries: Program service expenses 124429. Management and general expenses 0. Fundraising expenses 0. Total expenses 124429. Video production: Program service expenses 141114. Management and general expenses 0. Fundraising expenses 0. Total expenses 141114. Photographic services: Program service expenses 118273. Management and general expenses 0. Fundraising expenses 0. Total expenses 118273. Form 990, Part XI, line 9: Flow through loss from partnership investments 43065. 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 The Madison County Record 1615 H St NW Washington DC 20062 201452063 Newspaper publishing DE C 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 Chamber of Commerce of the USA B 1835220 Actual expenses Chamber of Commerce of the USA S 69264 Calculated interest Chamber of Commerce of the USA N 2490000 Cost allocation discounted 33% Chamber of Commerce of the USA O 9027642 Actual salaries & benefit alloc Chamber of Commerce of the USA P 450722 Actual expenses Chamber of Commerce of the USA Q 249384 Alloc amt actual cost