Indiana State Chamber of Commerce Foundation Inc

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We partner with 25,000 members and investors – representing over four million Hoosiers – to cultivate a world-class environment and provide economic prosperity. THE INDIANA CHAMBER OF COMMERCE FOUNDATION WORKS TO ENCOURAGE, AID, AND PROMOTE EDUCATIONAL AND CHARITABLE ORGANIZATIONS, ENDEAVORS, AND RESEARCH ACTVITIES WHICH WILL BENEFIT THE GENERAL PUBLIC OF INDIANA, WITH AN EMPHASIS ON ACTIVITIES THAT PROMOTE ECONOMIC DEVELOPMENT AND JOB OPPORTUNITIES WITHIN INDIANA.
311010164
EIN
1981
Founded
Indianapolis, IN 46204 United States
Address
indianachamber.com
Web
indianachamber
Twitter (20197)
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Description

Indiana State Chamber of Commerce Foundation Inc

The Indiana State Chamber of Commerce Foundation Inc, with an Employer Identification Number (EIN) of 31-1010164, is a nonprofit organization categorized under Educational Institutions and Related Activities / Educational Services and Schools - Other, as classified by the National Taxonomy of Exempt Entities (NTEE)[1]. Donations to this organization are tax-deductible, reflecting its status as a federally recognized tax-exempt entity.

Purpose and Activities

The foundation is dedicated to supporting educational and charitable endeavors. It focuses on fostering research activities and promoting the development of educational initiatives[3].

Financial Overview

In recent years, the foundation has primarily relied on contributions for its revenue, with a high percentage coming from this source. For instance, contributions have accounted for nearly all of its total revenue in different years[1]. The organization's expenses are diverse, including salaries and wages, with executive compensation also being a notable expense. Despite generating considerable revenue from contributions, the foundation has reported net losses in some years, reflecting higher expenses than revenue[1].

Governance and Structure

There is limited information available on the specific governance structure of the Indiana State Chamber of Commerce Foundation Inc, including details about its board members[3].

Relationship to the Indiana Chamber of Commerce Inc

The Indiana Chamber of Commerce Inc is a separate entity from the foundation but is closely related in purpose. It serves as a leading business advocacy organization in Indiana, with a significant membership base representing various industries across the state[5]. The Chamber focuses on business advocacy and provides training conferences for its members[4].

While the Indiana Chamber of Commerce Inc is distinct, both organizations are integral to promoting business interests and educational initiatives within Indiana.

[1] https://projects.propublica.org/nonprofits/organizations/311010164 [2] https://projects.propublica.org/nonprofits/organizations/350411610/201440649349300914/full [3] https://www.guidestar.org/profile/31-1010164 [4] https://www.guidestar.org/profile/35-0411610 [5] https://www.indianachamber.com

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