nonprofit logo

Maryland Chamber Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521557804 ✦ Annapolis, MD ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Maryland Chamber Foundation?

The Maryland Chamber Foundation is a nonprofit organization situated in Annapolis, Maryland. Its primary mission is to support the Maryland Chamber of Commerce's research and educational objectives, focusing on analyzing the state's economy and business climate, talent pipeline, and economic competitiveness. The foundation achieves this by raising and allocating funds for teacher externships, conducting and disseminating research on critical business issues, and hosting educational forums to discuss and debate policies impacting Maryland businesses. Furthermore, it serves as a cornerstone in community-building within the business sector, prioritizing research, development, and education.


Official website here: www.mdchamber.org/foundation

Is Maryland Chamber Foundation legitimate?

Maryland Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Chamber Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,438

For more financial information, click here


Official website here: www.mdchamber.org/foundation

What is the mission statement of Maryland Chamber Foundation?

The Maryland Chamber Foundation, serving as a pillar of community building in business, is committed to supporting a better Maryland. Its primary focuses include research, development, and education. The foundation raises and utilizes funds for various purposes, such as facilitating teacher externships, promoting and disseminating research on crucial business issues in the Maryland economy and business climate, and organizing educational forums to discuss and debate policies impacting Maryland businesses. Its mission is geared towards contributing to the shared vision of a prosperous Maryland.


Official website here: www.mdchamber.org/foundation

Who is the CEO of Maryland Chamber Foundation?

Whitney Harmel is the President/Ceo of Maryland Chamber Foundation. The CEO's salary of Maryland Chamber Foundation is $0 and their total compensation is $272,869.


Official website here: www.mdchamber.org/foundation

What is the revenue of Maryland Chamber Foundation?

Maryland Chamber Foundation's revenue in 2022 was $246,100.


Official website here: www.mdchamber.org/foundation

Who are the executives of Maryland Chamber Foundation and what are their salaries?

There 8 volunteers at Maryland Chamber Foundation.


Here are 9 key members and their salaries (Maryland Chamber Foundation's CEO's salary is $0 and their total compensation is $272,869):


Mary Kane (President/Ceo)
  • Compensation: $0
  • Related: $240,450
  • Other: $32,419
Jim Cantor (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Edwards (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Whitney Harmel (Executive Director)
  • Compensation: $0
  • Related: $164,000
  • Other: $18,383
Dana Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fiona Ong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mel Litter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheela Murthy (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mdchamber.org/foundation

Where can I find the form 990 for Maryland Chamber Foundation?

Maryland Chamber Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mdchamber.org/foundation

Learn more at the official website: www.mdchamber.org/foundation

Mission Statement of Maryland Chamber Foundation

The Maryland Chamber Foundation, an integral part of the Maryland Chamber of Commerce, is committed to advancing the research and educational objectives of the business community in Maryland. This nonprofit organization focuses on analyzing the state's economy and business climate, identifying talent pipeline needs, and promoting economic competitiveness. With a shared vision of a better Maryland, the foundation plays a vital role in community-building within the business sector. Through its activities, the Maryland Chamber Foundation raises and allocates funds for various purposes, such as teacher externships, distributing research on important business issues in the Maryland economy and business climate, and organizing educational forums to discuss and debate policies impacting Maryland businesses.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Maryland Chamber Foundation plays a crucial role in enhancing the state's economy and business environment through focused research and educational initiatives. By analyzing Maryland's economy and business climate, the Foundation identifies trends and opportunities that inform policy and decision-making.

One of its significant contributions is funding teacher externships, which help educators connect classroom learning with real-world business applications. This initiative fosters a deeper understanding of the skills needed in the workforce, ultimately bridging the gap between education and industry needs.

Moreover, the Foundation promotes and distributes vital research on pressing business issues, facilitating informed discussions on policies that affect Maryland businesses. Through educational forums, the Foundation creates platforms for stakeholders to engage in meaningful dialogues, ensuring that the voice of the business community is heard in shaping policies that impact growth and competitiveness.

By focusing on research, development, and education, the Maryland Chamber Foundation supports a shared vision for a better Maryland, acting as a cornerstone of community-building in the business sector.




This information is meant to be a general summary of Maryland Chamber Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$246,100 (2022)
Expenses
$270,552 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $246,100

Assets and Liabilities:

  • Total Assets: $81,304
  • Total Liabilities: $4,506
  • Net Assets: $76,798

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1988

Principal Officer

Whitney Harmel

Main Address

60 WEST STREET 100, ANNAPOLIS, MD, 214012434

NTEE Category

Code: B95Z - Education

If you are a representative of Maryland Chamber Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.