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Virginia · Nonprofit

Association of Chamber of Commerce Executives Foundation

Association of Chamber of Commerce Executives Foundation (Virginia) receives grants from 19 organizations whose IRS filings report $7,908,219 to it, the largest being Lumina Foundation for Education Inc ($2,291,826). 12 of them have funded it in more than one year.

Revenue FY2025
$1.4M
Funders on record
19
Grants received
$7.9M
Net assets
$315k
12/19 repeat fundersgrants exceed reported revenue in one year
01What it does

What Association of Chamber of Commerce Executives Foundation does

Mission

To establish committees or associations to develop and promote educational activities in connection with community growth and its associated problems.

As stated on its FY2025 Form 990.

Program

  1. Lumina - the purpose of this project is to bring together chambers of Commerce, community colleges and community-based organizations that directly represent communities of color to develop and drive the growth of credentialing and degree programs in their regions with the ultimate goal of placing low-income workers, particularly bipoc workers, in well-paid jobs with opportunities for career advancement. This grant will support up to eight partnerships between local or regional Chambers of Commerce and community colleges to expand employment-aligned credential attainment for adults of color. Kresge - the purpose of this project is to mobilize collective action to connect urban higher education ecosystem community stakeholders to Improve postsecondary success and talent development aligned to regional business needs and to implement professional development throughout the network to elevate the value and potential for urban higher education ecosystems as an economic recovery tool in the wake of Covid-19. Ascendium - support ACCEF in working with up to 12 rural chambers of Commerce to learn how to bring local community partners together to provide rural learners and workers from…

    $1,243,259 spentof which $14,929 as grants$74,081 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,243,259.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($1.8M) Expenses 100 ($1.7M) Net assets 100 ($70k)2018 Revenue 92 ($1.6M) Expenses 96 ($1.6M) Net assets 107 ($75k)2020 Revenue 60 ($1.1M) Expenses 66 ($1.1M) Net assets 64 ($45k)2021 Revenue 69 ($1.2M) Expenses 66 ($1.1M) Net assets 210 ($146k)2022 Revenue 97 ($1.7M) Expenses 96 ($1.6M) Net assets 351 ($244k)2023 Revenue 68 ($1.2M) Expenses 71 ($1.2M) Net assets 363 ($253k)2024 Revenue 123 ($2.2M) Expenses 128 ($2.2M) Net assets 397 ($276k)2025 Revenue 78 ($1.4M) Expenses 79 ($1.3M) Net assets 453 ($315k)
'17'18'20'21'22'23'24'25
Revenue (78)Expenses (79)Net assets (453)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $576k to $1.0M (+81%).

$394k
$425k
$320k
$576k
$1.0M
$1.5M
$1.2M
$1.5M
'17'18'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$80k
’17
$5k
’18
−$53k
’20
$102k
’21
$99k
’22
$8k
’23
$24k
’24
$39k
’25
6.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Ian Fletcher

Chair

As listed on its FY2025 Form 990.

'17'18'20'21'22'23'24'25
Listed1414151816121514
Joined·+0·+7+9+4+7+4
No longer listed·0·411845
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 5 funders to 4 funders, grant income fell $1.2M → $1.1M.

2 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $303k from 2 payers (the payer shares this organization's board, largest Silicon Valley Community Foundation). These are real filings, and they are not money Association of Chamber of Commerce Executives Foundation raised.

From the IRS filings of Association of Chamber of Commerce Executives Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Association of Chamber of Commerce Executives Foundation has a broad base — no single funder exceeds 29% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

35% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Association of Chamber of Commerce Executives Foundation.

29%
largest funder
54%
top three
~7
effective funders

Largest funder’s share by year: 2017 39% · 2018 50% · 2019 40% · 2020 61% · 2021 67% · 2022 81% · 2023 91% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

9% of Association of Chamber of Commerce Executives Foundation's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

Association of Chamber of Commerce Executives Foundation draws 100% of its grant income from funders outside Virginia, across 11 states in all.

IL
WI
MI
NY
MA
IN
NJ
CA
MD
NC
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $685k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like Association of Chamber of Commerce Executives Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

14
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 2 states

VA
DC

Part of a family of 2 related entities

  • Association of Chamber of Commerce Executives Inc · exempt
  • Fringe Benefits Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for Association of Chamber of Commerce Executives Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Association of Chamber of Commerce Executives Foundation?
Association of Chamber of Commerce Executives Foundation (Virginia) receives grants from 19 organizations whose IRS filings report $7,908,219 to it, the largest being Lumina Foundation for Education Inc ($2,291,826). 12 of them have funded it in more than one year.
How many funders does Association of Chamber of Commerce Executives Foundation have?
IRS filings report 19 organizations giving $7,908,219 in grants to Association of Chamber of Commerce Executives Foundation, 12 of which have funded it in more than one year.
Who is the largest funder of Association of Chamber of Commerce Executives Foundation?
Lumina Foundation for Education Inc is the largest funder on record, with $2,291,826 in grants. The full list of funders is on this page.
How can an organization like Association of Chamber of Commerce Executives Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing