Select date
Exclusive – Tax Documents: U.S. Chamber of Commerce Foundation Turns to Soros-Funded Groups and Democrats to Keep Dwindling Operations Alive
by Matthew Boyle, Breitbart:
Tax documents for the U.S. Chamber of Commerce Foundation and for a major foundation funded by leftist billionaire George Soros show the organization that purports to represent the U.S. business community has turned hard left in recent years.
The Tides Foundation’s public filings from 2018 to 2022 show the Soros-funded organization has given more than $12 million to the U.S. Chamber of Commerce Foundation over that five-year span. In 2018, the Tides Foundation gave the Chamber’s foundation $450,000. In 2019, Tides gave the Chamber group $1,450,000. It gave another $100,000 in 2020, followed by $10 million in 2021 and another $175,885 in 2022. That totals $12,175,885 in a five-year span.
TRUTH LIVES on at https://sgtreport.tv/
The Tides Foundation is funded by a variety of leftist donors including tens of millions of dollars given by Soros’s various groups and family members.
“God knows what they promised in return for a Tides Foundation contribution of that size,” a former Chamber consultant told Breitbart News. “But, George Soros doesn’t write checks like this without a return on his investment.”
During this timeframe, specifically from 2021 to 2022, revenue for the U.S. Chamber of Commerce Foundation dropped significantly per 2022 tax documents the organization just filed. Revenue for the organization in 2021, per the documents, was at $53,612,150 whereas in 2022 per the group’s IRS 990 form it was at $30,634,307. That’s a drop of $22,977,843—or about 42 percent—in revenue in just one year.
In 2022, the tax documents show that Suzanne Clark—the director and CEO of the U.S. Chamber of Commerce Foundation who also serves as the President and CEO of the U.S. Chamber of Commerce—made $6,326,094 from the U.S. Chamber foundation, or just under $125,000 a week.
“Is Susie Clark really worth $100k a week to represent the biz community?” a former Chamber employee told Breitbart News.
The 2022 tax filings from the U.S. Chamber foundation also show the organization’s biggest vendor was that year an organization called the Markham Group, LLC, a Little Rock, Arkansas-based event planning company. Markham Group was paid $5,193,837 in 2022 from the U.S. Chamber foundation per the IRS document, far and away much higher than any other vendor.
