DETROIT REGIONAL CHAMBER FOUNDATION INC

DETROIT REGIONAL CHAMBER FOUNDATION INC

Detroit, MI, US
501(c)3
EIN
38-2352462
Regional Funder

DETROIT REGIONAL CHAMBER FOUNDATION INC

Detroit, MI, US
501(c)3
EIN
38-2352462
Regional Funder

Overview

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Est.

1981

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Detroit Regional Chamber Foundation Inc, with EIN 38-2352462, is a nonprofit organization focused on business promotion and dedicated to developing programs that enhance the economic growth of the Detroit region, aiming to position it among the fastest-growing economies in the U.S. In the 2025 filing year, the foundation reported an operating budget of $14.6 million and total revenue of $18.2 million, with significant funding from multiple sources without reliance on a single funder for over 50% of its revenue. More information can be found on their website at www.detroitchamber.com.

Mission Statement

DETROIT REGIONAL CHAMBER FOUNDATION, INC (THE "FOUNDATION") IS DEDICATED TO GROWING PROGRAMS OR INITIATIVES THAT ARE IMPORTANT TO ENSURING THE DETROIT REGION'S ECONOMY IS ONE OF THE FASTEST GROWING IN THE U.S.
Revenues

$18.2M

Expenses

$15.3M

Net Income:
+$2.9M
Assets

$7.9M

Liabilities

$1.4M

Net Assets:
+$6.6M
Operating Budget

$14.6M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

14

Median grant size
$125K
Largest grant received
$3.2M
S
Sandy K Baruah
Board Member
K
Karen Belans
Board Member
M
Megan Spanitz
Board Member

Frequently Asked Questions

What is DETROIT REGIONAL CHAMBER FOUNDATION INC’s budget?
In 2025, DETROIT REGIONAL CHAMBER FOUNDATION INC reported an annual operating budget of around $14.6 million. More detailed financial information is available to registered users.
What causes does DETROIT REGIONAL CHAMBER FOUNDATION INC support?
DETROIT REGIONAL CHAMBER FOUNDATION INC supports work in Business promotion.
Where does DETROIT REGIONAL CHAMBER FOUNDATION INC operate?
DETROIT REGIONAL CHAMBER FOUNDATION INC is headquartered in Detroit, MI.
Who funded DETROIT REGIONAL CHAMBER FOUNDATION INC recently?
In 2025, DETROIT REGIONAL CHAMBER FOUNDATION INC received grants from DETROIT REGIONAL CHAMBER, DETROIT PROMISE SCHOLARSHIP DETROIT PROMISE ZONE AUTHORITY, and DETROIT PROMISE SCHOLARSHIP DETROIT PROMISE ZONE AUTHORITY. More information on this organization’s funders is available to registered users.
What is the largest grant DETROIT REGIONAL CHAMBER FOUNDATION INC received in 2024?
The largest grant to DETROIT REGIONAL CHAMBER FOUNDATION INC in 2024 exceeds $3.2 million.
Overview
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