Education has been a core value for The American Chamber of Commerce in Thailand (AMCHAM) since it was founded in 1956. Over the last three decades, AMCHAM has provided over 2,900 scholarships, supported over 860 schools, and brought dozens of native speaking English teachers to rural schools. In 2004, AMCHAM formally registered the American Chamber of Commerce in Thailand Foundation (ATF) to carry out its charitable activities. The ATF is recognized by the Ministry of Finance in Thailand as a Public Charitable Organization (number 632) and donations are tax deductible in Thailand. 100% of all cash donations go to scholarships for deserving Thai students to send them to local universities throughout the Kingdom. No donation funding goes to overheads, as administrative support is provided entirely by AMCHAM staff and the Community Engagement Committee.