Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 1,053,481 | 1,236,528 | 1,333,219 | 2,069,617 | 2,866,000 | 8,558,845 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 1,053,481 | 1,236,528 | 1,333,219 | 2,069,617 | 2,866,000 | 8,558,845 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 1,338,805 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 7,220,040 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 1,053,481 | 1,236,528 | 1,333,219 | 2,069,617 | 2,866,000 | 8,558,845 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 121,813 | 83,823 | 113,158 | 150,307 | 146,808 | 615,909 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 14,000 | 600 | 10,365 | 77 | 25,042 | |
| 11 | Total support. Add lines 7 through 10 | 9,199,796 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2022 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2023. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 4A: | THE FLORIDA CHAMBER FOUNDATION IS A STATEWIDE, BUSINESS-LED, NON-PARTISAN RESEARCH AND FUTURE-ORIENTED THINK TANK WORKING IN PARTNERSHIP WITH REGIONAL AND STATE LEADERS TO SECURE FLORIDA'S FUTURE. FOUNDED IN 1968, THE FLORIDA CHAMBER FOUNDATION IS AN ESSENTIAL VOICE FOR IMPROVING FLORIDA'S PRO-BUSINESS CLIMATE TO ENABLE FLORIDA TO GROW, DIVERSIFY, AND PROSPER. AS THE FLORIDA CHAMBER FOUNDATION CONTINUES DEVELOPING PARTNERSHIPS AROUND FLORIDA TO PREPARE FOR 2030, WE SEEK FLORIDA'S TOP BUSINESS LEADERS AND FUTURISTS TO UNITE FLORIDA'S BUSINESS COMMUNITY. COLLECTIVE ACTION AND PHILANTHROPIC ALIGNMENT WILL GUIDE THE FLORIDA CHAMBER FOUNDATION'S FLORIDA 2030 BLUEPRINT INITIATIVE TO SECURE FLORIDA'S FUTURE. IN THE LAST YEAR, FLORIDA HAS RETURNED TO PRE-COVID-19 TIMES, RECOVERING ALL JOBS LOST DURING THE PANDEMIC. FLORIDA IS CREATING 1 IN EVERY 10 NEW U.S. JOBS AND HAS GROWN TO THE 15TH LARGEST ECONOMY IN THE WORLD. OUR GOAL IS TO GROW TO BE THE 10TH LARGEST ECONOMY IN THE WORLD BY 2030, WHILE AT THE SAME TIME ENSURING THAT EVERY FLORIDIAN HAS A PATHWAY TO PROSPERITY AND WE ENSURE VIBRANCY AND RESILIENCY FOR EVERY FLORIDA COMMUNITY. WE ARE UNITING FLORIDA'S TOP BUSINESSES TO JOIN US IN LEADING A UNIFIED EFFORT TO SECURE FLORIDA'S FUTURE. THE FLORIDA CHAMBER FOUNDATION COMMUNITY DEVELOPMENT PARTNERS REPRESENT JOB CREATORS AND COMMUNITY BUILDERS WITH A STATEWIDE FOOTPRINT COMMITTED TO CHAMPIONING SOLUTIONS FOR FLORIDA'S LONG-TERM ECONOMIC SUCCESS. THEIR INVESTMENT ALSO PLAYS A VITAL ROLE IN FUNDING KEY TOOLS SUCH AS WWW.THEFLORIDASCORECARD.ORG, A DYNAMIC ONLINE TOOL THAT IDENTIFIES AND TRACKS THE KEY FACTORS IMPACTING FLORIDA'S FUTURE, GIVES LOCAL STAKEHOLDERS THE POWER TO MEASURE PROGRESS WITHIN THEIR OWN COMMUNITIES AND PROVIDES FLORIDA LEADERS WITH THE METRICS THEY NEED TO SECURE FLORIDA'S FUTURE. ADDITIONALLY, THE CDP COUNCIL'S INVESTMENT ALSO HELPS FUND HAVING THE ONLY FULL-TIME CHAMBER CHIEF ECONOMIST IN THE COUNTRY ALONG WITH KEY RESEARCH PROJECTS AND ECONOMIC ANALYSIS THAT DRIVES SOLUTIONS TO SECURE FLORIDA'S FUTURE. FLORIDA'S LEADERS-SUCH AS THOSE SERVING ON THE CDP COUNCIL-HAVE THE UNIQUE OPPORTUNITY TO POSITION FLORIDA AS THE NATIONAL EXAMPLE OF FREE ENTERPRISE, JOB CREATION, AND PROVEN RESULTS. COMMUNITY DEVELOPMENT PARTNERS MEET WITH OTHER THOUGHT LEADERS AND FUTURISTS FROM ACROSS THE STATE AND NATION TO HELP STEER FLORIDA TOWARD LONG-TERM SOLUTIONS, LEVERAGING THE NETWORK OF OFFICES, EMPLOYEES AND RELATIONSHIPS CDP COMPANIES BRING TO BEAR. SINCE ITS INCEPTION, THE FLORIDA CHAMBER FOUNDATION HAS BROUGHT TOGETHER THE BEST AND BRIGHTEST MINDS FROM THE BUSINESS COMMUNITY TO POSITION OUR STATE FOR SUCCESS. WE WILL CONTINUE TO PROVIDE SOLUTIONS AND DIRECTION FOR FLORIDA AND IT IS ESSENTIAL THAT WE HAVE THE RIGHT PEOPLE AND ORGANIZATIONS ENGAGED IN A LONG-TERM VIEW ON HOW TO MAKE FLORIDA MORE GLOBALLY COMPETITIVE. |
| FORM 990, PART III, LINE 4B: | THE FLORIDA CHAMBER FOUNDATION'S FLORIDA 2030 BLUEPRINT IS A UNIFYING AND VISIONARY STRATEGIC PLAN FOR FLORIDA'S FUTURE WITH 39 GOALS CONTAINED WITHIN SIX PILLARS TO GUIDE FLORIDA TO GROWING INTO A TOP 10 GLOBAL ECONOMY, CREATING A PATH TO PROSPERITY FOR ALL ZIP CODES IN FLORIDA AND POSITIONING FLORIDA AS THE TOP STATE FOR ATTRACTING AND RETAINING TALENT AND VISITORS OF ALL AGES. TO REACH THE FLORIDA 2030 BLUEPRINT GOALS TAKES CREATING MOVEMENTS, ALL YEAR LONG, TO UNITE THE BUSINESS COMMUNITY TO DRIVE NON-PARTISAN SOLUTIONS AND TO MOVE THE NEEDLE TO MAKE SURE FLORIDA CONTINUES ON THE PATH TO SECURE FLORIDA'S FUTURE. PART OF THE ALL-YEAR-LONG MOVEMENT INCLUDES FIVE FLORIDA CHAMBER FOUNDATION EDUCATIONAL SOLUTION SUMMITS THAT BRING TO LIFE THE STRATEGIC INITIATIVES, PILLARS AND PROGRESS BEING MADE ON THE 39 GOALS. THESE ONE-DAY EVENTS BRING TOGETHER LEADING VOICES, BUSINESS LEADERS, COMMUNITY AND STATEWIDE LEADERS, EDUCATORS, LAWMAKERS AND OTHER KEY STAKEHOLDERS TO CONTINUE THE CONVERSATION AND REPORT ON THE PROGRESS BEING MADE EACH YEAR ON THE RESPECTIVE FLORIDA 2030 BLUEPRINT GOALS TIED TO EACH BOARD-DIRECTED STRATEGIC INITIATIVE VIA EDUCATIONAL AND INTERACTIVE SOLUTION SUMMITS. EACH OF THE GOALS IS MEASURED AND TRACKED ON WWW.THEFLORIDASCORECARD.ORG - A DYNAMIC ONLINE TOOL THAT IDENTIFIES AND TRACKS THE KEY FACTORS IMPACTING FLORIDA'S FUTURE. THE FLORIDA SCORECARD GIVES LOCAL STAKEHOLDERS THE POWER TO MEASURE PROGRESS WITHIN THEIR OWN COMMUNITIES AND PROVIDES FLORIDIANS WITH THE METRICS THEY NEED TO SECURE FLORIDA'S FUTURE. AT THE CONCLUSION OF EACH SOLUTION SUMMIT, ATTENDEES LEAVE WITH A CLEAR ROADMAP TO HOW THEY CAN FURTHER ENGAGE WITH THE FLORIDA CHAMBER FOUNDATION, EACH STRATEGIC INITIATIVE, CONTINUING CONVERSATIONS AND WORK AS WELL AS HOW TO UNITE LOCALLY MAKE AN IMPACT IN THEIR OWN COMMUNITY DOWN TO THE ZIP CODE/NEIGHBORHOOD LEVEL. PARTICIPANTS ARE FOCUSED ON CREATING ECONOMIC OPPORTUNITY FOR ALL AND PUTTING THE LONG TERM AHEAD OF THE SHORT TERM. THE FLORIDA CHAMBER FOUNDATION SOLUTIONS SUMMITS INCLUDE: -FLORIDA ECONOMIC OUTLOOK & JOBS SOLUTION SUMMITS (JANUARY) -FLORIDA PROSPERITY & ECONOMIC OPPORTUNITY SOLUTION SUMMIT (MAY) -FLORIDA LEARNERS TO EARNERS WORKFORCE SOLUTION SUMMIT (JUNE) -FLORIDA TECHNOLOGY & INNOVATION SOLUTION SUMMIT (AUGUST) -FLORIDA TRANSPORTATION, GROWTH & INFRASTRUCTURE SOLUTION SUMMIT (DECEMBER) THE FLORIDA CHAMBER FOUNDATION'S SOLUTION SUMMITS CULMINATE ANNUALLY IN THE FUTURE OF FLORIDA FORUM EACH FALL. AS THE PREMIER FOUNDATION EVENT OF THE YEAR, THE FORUM BRINGS TOGETHER FLORIDA'S TOP BUSINESS LEADERS, ELECTED OFFICIALS, COMMUNITY AND EDUCATION ADVOCATES TO CONNECT ON UNITING TO ENSURE THE RIGHT DISCUSSIONS HAPPEN IN FLORIDA AND WORK TO ACHIEVE THE FLORIDA 2030 BLUEPRINT GOALS. FROM DISCUSSING THE FUTURE OF ECONOMIC DEVELOPMENT AND DIVERSIFICATION TO ALIGNING EDUCATION AND TRAINING WITH WORKFORCE NEEDS, THE STATE OF THE CURRENT AND FUTURE ECONOMY, THE FUTURE OF TRANSPORTATION AND INFRASTRUCTURE, MANUFACTURING, TRADE AND LOGISTICS, TECH AND INNOVATION, TOURISM, LEGISLATION, THE BUSINESS LED BRAND OF FLORIDA AND MUCH MORE - THE FUTURE OF FLORIDA FORUM SERVES AS THE EVENT THAT DRIVES THE OVERALL THE MISSION OF THE FLORIDA CHAMBER AND UNITES THE BUSINESS COMMUNITY TO SECURE FLORIDA'S FUTURE. |
| FORM 990, PART III, LINE 4C: | CURRENTLY THERE ARE 763,530 CHILDREN LIVING IN POVERTY IN FLORIDA'S 983 ZIP CODES. HALF OF THEM LIVE IN JUST 150 OF FLORIDA'S 983 ZIP CODES. THE FLORIDA PROSPERITY PROJECT WAS BORN OUT OF THE IDEA THAT THE ZIP CODE A PERSON IS BORN INTO SHOULD NOT DICTATE THEIR FUTURE OPPORTUNITIES. WE BELIEVE NO CHILD SHOULD WONDER WHERE THEIR NEXT MEAL WILL COME FROM. WE BELIEVE THAT NO CHILD SHOULD WONDER WHERE THEY WILL SLEEP AT NIGHT. WE BELIEVE THAT NO CHILD SHOULD WORRY ABOUT WHO WILL PROTECT THEM. PART OF THE FLORIDA CHAMBER FOUNDATION'S FLORIDA 2030 BLUEPRINT, THE GOAL OF THE FLORIDA PROSPERITY PROJECT IS TO CUT FLORIDA'S CHILDHOOD POVERTY RATE IN HALF BY 2030. THE 10 ROOT CAUSES OF GENERATIONAL POVERTY OUR RESEARCH INTO CHILDHOOD POVERTY IDENTIFIED TEN ROOT CAUSES THAT CREATE THE CYCLE OF GENERATIONAL POVERTY; 1.LACK OF EMPLOYMENT OPPORTUNITIES 2.LACK OF EDUCATION & WORKFORCE DEVELOPMENT 3.UNAFFORDABLE AND UNATTAINABLE HOUSING 4.POOR TRANSPORTATION OPTIONS 5.DISPROPORTIONATE ADVERSE HEALTH OUTCOMES 6.FOOD INSECURITY 7.UNAFFORDABLE & UNATTAINABLE CHILD CARE AND FAMILY CARE 8.UNSAFE ENVIRONMENTS, 9.IMBALANCE OF OUTCOMES IN THE CRIMINAL JUSTICE SYSTEM, 10.LACK OF COMMUNITY VOICE AND SELF-AGENCY OUR PASSION TO ENSURE EVERY PERSON HAS THE OPPORTUNITY TO REACH THEIR FULLEST POTENTIAL IS WHY WE CREATED THE FLORIDA CHAMBER FOUNDATION'S FLORIDA PROSPERITY PROJECT. BECAUSE WE ARE FIRMLY COMMITTED TO END THE INEQUALITY OF OPPORTUNITY THAT EXISTS IN FLORIDA, WE'VE TAKEN THE FULL STRENGTH OF OUR VOICES TO CAPITOL HILL AND WE HAVE SHARED OUR ANALYSIS AND POLICY RECOMMENDATIONS FOR CHANGE BEFORE LAWMAKERS IN TALLAHASSEE AND WASHINGTON, D.C. OUR PASSION TO SECURE FLORIDA'S FUTURE IS STRONGER TODAY THAN EVER. THE FLORIDA PROSPERITY PROJECT EFFORTS INCLUDE: -ZIP CODE LEVEL DATA RESEARCH VIA WWW.THEFLORIDAGAPMAP.ORG THAT HELPS LOCAL COMMUNITIES IDENTIFY WHICH ZIP CODES ARE MOST IN NEED OF HELP AND HOW TO BEST ALLOCATE RESOURCES -A STATEWIDE ADVISORY BOARD MADE UP OF BUSINESS LEADERS WHO ARE COMMITTED TO CREATING EQUALITY OF OPPORTUNITY FOR ALL FLORIDIANS -CREATING A FRAMEWORK TO DEVELOP COUNTYWIDE PROSPERITY EFFORTS AND ZIP CODE CHAMPIONS IN EVERY COMMUNITY IN FLORIDA -AN ANNUAL SOLUTION SUMMIT THAT BRINGS TOGETHER THE BUSINESS COMMUNITY TO LEARN MORE ABOUT THE ROOT CAUSES OF POVERTY AND SHARE SOLUTIONS -CREATING A RESOURCE CENTER OF PROMISING PRACTICES FROM WHICH COUNTY AND ZIP CODE CHAMPIONS CAN GAIN INSIGHT -ADVOCACY AT THE LOCAL, STATE, AND NATIONAL LEVEL CUTTING CHILDHOOD POVERTY IN HALF IS AN AUDACIOUS GOAL, BUT IT CAN BE DONE IF WE TARGET OUR EFFORTS TO AREAS WITHIN OUR COMMUNITIES MOST IN NEED. ONE ZIP CODE AT A TIME. ONE NEIGHBORHOOD AT A TIME. |
| FORM 990, PART V, LINE 2A: | ALL EMPLOYEES OF FLORIDA CHAMBER OF COMMERCE FOUNDATION, INC. ARE EMPLOYEES OF FLORIDA CHAMBER OF COMMERCE, INC., A RELATED ORGANIZATION. DURING CALENDAR YEAR 2022, THERE WERE 8 EMPLOYEES PRIMARILY DEDICATED TO WORKING FOR THE FLORIDA CHAMBER OF COMMERCE FOUNDATION, INC. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE FINANCE AND INVESTMENT COMMITTEES WERE COMBINED. THIS CHANGE WAS APPROVED OCTOBER 11, 2023. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE FLORIDA CHAMBER OF COMMERCE BOARD ELECTS THE FLORIDA CHAMBER OF COMMERCE FOUNDATION BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S DIRECTOR OF ACCOUNTING FOR ACCURACY. ANY QUESTIONS OR ISSUES ARE RESOLVED WITH THE DIRECTOR OF ACCOUNTING AND INDEPENDENT ACCOUNTING FIRM THAT PREPARED THE FORM 990 AND ALL SUPPORTING SCHEDULES. A COPY IS PROVIDED TO THE AUDIT COMMITTEE FOR THEIR REVIEW AND COMMENTS IN CONSULTATION WITH THE ORGANIZATION'S DIRECTOR OF ACCOUNTING AND INDEPENDENT CPA. THE FORM 990 IS THEN PROVIDED TO THE MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW AND COMMENT, PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE CENTER. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS MENTIONED AT BOARD MEETINGS AND A COPY OF THE POLICY IS INCLUDED IN THE BOARD MATERIALS AT EACH MEETING. MEMBERS ARE REQUIRED TO SIGN A STATEMENT AND DISCLOSE ANY CONFLICTS OF INTERESTS. ANY CONFLICTS OR POTENTIAL CONFLICTS ARE DISCUSSED AND RESOLVED WITH THE CHAIRMAN OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE OF FLORIDA CHAMBER OF COMMERCE REVIEWS AND APPROVES THE COMPENSATION OF THE PRESIDENT/CEO. THE PRESIDENT'S EMPLOYMENT CONTRACT IS APPROVED AND RENEWED ANNUALLY. THE LAST COMPENSATION STUDY WAS PERFORMED IN 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | FLORIDA CHAMBER OF COMMERCE FOUNDATION MAKES ITS THREE MOST CURRENT YEARS OF FORM 990S AVAILABLE TO THE PUBLIC UPON REQUEST. NO OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART VII, LINE 1A: WAGES ARE EARNED AND PAID BY FLORIDA CHAMBER OF COMMERCE OF WHICH $258,606 FOR MARK WILSON AND $41,528 FOR CATHERINE YEUTTER IN SALARIES AND BENEFITS ARE ALLOCATED TO THE FLORIDA CHAMBER FOUNDATION. |
| FORM 990, PART XII, LINE 2C: | AUDIT COMMITTEE MEETS WITH THE INDEPENDENT AUDITORS PRIOR TO THE START OF THE ENGAGEMENT IN ORDER TO CONDUCT A PLANNING MEETING. COMMITTEE MEMBERS ARE AVAILABLE DURING THE AUDIT PROCESS, AS NECESSARY, TO DISCUSS ANY PERTINENT ISSUES WITH THE AUDITORS. THE COMMITTEE CONDUCTS AN EXIT MEETING WITH THE AUDITORS, WHERE THE DRAFT OF THE AUDIT IS REVIEWED AND DISCUSSED. ONCE SATISFIED, THE AUDIT COMMITTEE AND THE INDEPENDENT AUDITORS PRESENT THE AUDITOR REPORTS AND THE AUDITED FINANCIAL STATEMENTS TO THE BOARD WITH THE AUDIT COMMITTEE'S RECOMMENDATION FOR ACCEPTANCE BY THE BOARD. THIS PROCEDURE IS A BEST PRACTICE AND IS CONSISTENT WITH THE PRIOR YEAR PROCEDURE. |
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| Software Version: |