North Carolina · Nonprofit
NORTH CAROLINA CHAMBER FOUNDATION
NORTH CAROLINA CHAMBER FOUNDATION (North Carolina) receives grants from 7 organizations whose IRS filings report $4,411,668 to it, the largest being The Winston-Salem Foundation ($1,991,668). 2 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $3.3M
- Funders on record
- 7
- Grants received
- $4.4M
- Net assets
- $7.2M
What North Carolina Chamber Foundation does
Mission
The purpose and mission of the organization is to promote the social welfare of the state of north carolina and its citizens by identifying, investigating, studying, researching, and analyzing in a nonpartisan manner the factors that enhance the business climate, workforce development, and quality of life of the state, including the prospects for the creation and retention of jobs for the state's citizens, and educating and instructing the business community and general public by disseminating and publishing the knowledge gained as a result of those activities. The organization will not direct its efforts or expend funds in making any legislative recommendations, preparing prospective legislation, or contacting legislators or other elected officials for the purpose of influencing legislation.
As stated on its FY2024 Form 990.
Program
Proactively deliver pro-business solutions for north carolina's most daunting economic challenges to effectively produce meaningful outcomes. Drive implementation of nc leads: driving job creation, increasing prosperity", developed with the involvement of top north carolina business leaders, local chambers of commerce and key stakeholders. Promote accountability, transparency and clear metrics key for measuring progress thatis accessible to citizens, politicians, associations, universities and anyone who has an internet enabled device.
$887,920 spentof which $100,000 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $887,920.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $5.5M to $7.6M (+37%).
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.
94% of NORTH CAROLINA CHAMBER FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
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
Frank Holding
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $108k → $683k.
4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 71% 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: $305k from 3 payers (the payer shares this organization's board, largest Foundation for the Carolinas). These are real filings, and they are not money NORTH CAROLINA CHAMBER FOUNDATION raised.
From the IRS filings of NORTH CAROLINA CHAMBER 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
NORTH CAROLINA CHAMBER FOUNDATION leans on a few funders — its largest provides 45% of grant income and the top three 96%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
99% 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 NORTH CAROLINA CHAMBER FOUNDATION.
Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 78% — diversifying over time.
“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.
Where its funders are
71% of NORTH CAROLINA CHAMBER FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.3M that is directly attributable, 100% of it comes from North Carolina funders.
Funder states come from each funder’s own filing. $3.2M arriving through sponsors registered in 4 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.
Against its field
NORTH CAROLINA CHAMBER FOUNDATION runs a healthier operating margin than three-quarters of the 8,121 health nonprofits its size.
this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024
Organizations like NORTH CAROLINA CHAMBER 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 North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
74% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 5 related entities
- North Carolina Chamber Political Action Committee · exempt
- North Carolina Chamber Legal Institute · exempt
- North Carolina Chamber Independent Expenditure · exempt
- Nc Chamber · exempt
- North Carolina Chamber Services · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for NORTH CAROLINA CHAMBER 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.
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 NORTH CAROLINA CHAMBER FOUNDATION?
- NORTH CAROLINA CHAMBER FOUNDATION (North Carolina) receives grants from 7 organizations whose IRS filings report $4,411,668 to it, the largest being The Winston-Salem Foundation ($1,991,668). 2 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does NORTH CAROLINA CHAMBER FOUNDATION have?
- IRS filings report 7 organizations giving $4,411,668 in grants to NORTH CAROLINA CHAMBER FOUNDATION, 2 of which have funded it in more than one year.
- Who is the largest funder of NORTH CAROLINA CHAMBER FOUNDATION?
- The Winston-Salem Foundation is the largest funder on record, with $1,991,668 in grants. The full list of funders is on this page.
- How can an organization like NORTH CAROLINA CHAMBER FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 FY2024 (financials across 2017–2024), and the filings of 7 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