Form 990 for tax year 2022

Totals

Total revenue

$315,930

Total expenses

$439,193

Contributions and grants received

$305,625

Grants paid

$0

Program service revenue

$0

Investment income

$1,544

Other revenue

$8,761

Total assets, end of year

$947,705

Total liabilities, end of year

$11,320

Net assets or fund balances, end of year

$936,385

Program services expenses (Part IX)

$434,841

Management and general expenses

$4,352

Fundraising expenses

$0

Program service expenses (Part III)

$434,841

Program services were 99.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• THE PENNSYLVANIA CHAMBER EDUCATIONAL FOUNDATION IS ENGAGED IN A BOLD, COLLABORATIVE ECONOMIC RESURGENCE INITIATIVE THAT WILL CREATE A FRAMEWORK TO FOSTER LONG-TERM ECONOMIC GROWTH AND EQUALITY OF OPPORTUNITY IN THE COMMONWEALTH. WE'RE BLAZING A BOLD APPROACH THAT EMPHASIZES A COMPETITIVE PENNSYLVANIA, A SOLID INFRASTRUCTURE AND A STRONGER WORKFORCE THROUGH STRATEGIES THAT WILL LEAD TO A ROBUST ECONOMY AND EXPANDED OPPORTUNITIES. IN 2022, THE PA CHAMBER EDUCATIONAL FOUNDATION HOSTED AN ANNUAL ECONOMIC SUMMIT FORECAST. THIS EVENT WAS DESIGNED FOR COMPANY PRESIDENTS, EXECUTIVE OFFICERS, BUSINESS OWNERS, FINANCIAL OFFICERS, TREASURERS, BOARD MEMBERS AND INVESTORS. THIS EVENT PRESENTED SOME OF THE NATION'S MOST RESPECTED ECONOMIC FORECASTERS, ANALYSTS AND INNOVATION FUTURISTS WHO PROVIDED INSIGHTS TO HELP BUSINESS LEADERS UNDERSTAND THE DETAILS OF THE CURRENT ECONOMY AND PREPARE FOR WHAT IS EXPECTED IN THE FUTURE.COMPANIES ARE GROWING MORE AND MORE ATTUNED TO ENSURING THEIR EMPLOYEES ARE BEING LISTENED TO AND THEIR NEEDS ARE BEING MET; AS WELL AS HIRING, INSPIRING AND LIFTING UP THE DIVERSE PEOPLE WHO REPRESENT THE UNIQUE FABRIC OF THEIR COMMUNITIES. THE PENNSYLVANIA CHAMBER EDUCATIONAL FOUNDATION IS PROUD TO PRESENT THE SECOND ANNUAL EQUALITY AND DIVERSITY SUMMIT AS A FORUM FOR LEADERS IN CORPORATE DIVERSITY TO SHARE HOW THEY ARE BREAKING DOWN BARRIERS, FOSTERING HONEST CONVERSATIONS AND CREATING WORK ENVIRONMENTS WHERE PEOPLE FEEL EMPOWERED TO LEARN, WORK AND GROW INTO THE BEST PROFESSIONAL VERSIONS OF THEMSELVES. THE EVENT WILL HELP ATTENDEES NOT ONLY LEARN HOW TO RETAIN EMPLOYEES, BUT ATTRACT THE TALENTED AND DIVERSE WORKFORCE OF TOMORROW.

  Expenses $434,841 · Revenue $1,295

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• PA CHAMBER OF BUSINESS & INDUSTRY

  501(C)(6) · FRONTLINE ADVOCATE FOR BUSINESS IN PENNSYLVANIA · PA

• PENNSYLVANIA CHAMBER OF BUSINESS & INDUSTRY POLITICAL ACTION COMMITTEE

  527 · PROTECTION & ADVANCEMENT OF BUSINESS CLIMATE IN PA · PA

  Directly controlled by PCBI

• COMMONWEALTH LEADERS CUP

  527 · PROTECTION & ADVANCEMENT OF BUSINESS CLIMATE IN PA · PA

  Directly controlled by PCBI

• CITIZENS TO PROTECT PENNSYLVANIA JOBS

  501(C)(4) · EDUCATE THE GENERAL PUBLIC ABOUT BUSINESS ISSUES · PA

  Directly controlled by PCBI

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Provenance

Return type

form_990

Tax year

2022

Filed

6 August 2023

IRS schema version

2022v5.0

Source object

202322499349301612

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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