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Non-Dues Revenue

Our new environment is demanding elasticity and creativity in diversifying income streams for the future.

About Chamber Foundations

Foundations may be tax-exempt under Section 501(c)(3) of the U.S. Internal Revenue Code upon a finding that they exist for one or more exclusively charitable purposes. Donations to most types of 501(c)(3) organizations are tax deductible under IRS regulations. Foundations may also receive funding from other foundations offering grants or other funding opportunities, and in certain situations may provide revenue for chambers to pursue goals aligned with the foundation’s mission.

Many chambers have started foundations with 501(c)(3) tax status to support their communities. Some of the most active chamber foundations have a few things in common:

  • Focus - Their mission is focused, not all-encompassing. They have a specific purpose.
  • Tasks - They have responsibility for specific projects that are either not being done elsewhere or can be "chunked out" from current chamber operations.
  • Team - They have their own high-powered staff.
  • Funds - Their project and mission is in-demand and is ripe with potential for funding above the chamber "rate card."

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501(c)3 Foundation Data

View data about the number of chambers with a 501c(3) foundation from ACCE's FY2018 Chamber Operations Survey Report, (via Dynamic Chamber Benchmarking),: