The Economic Club of Washington, D.C. is a peer-group, nonprofit organization with an exclusive membership restricted to executive level leaders of major private sector organizations primarily based in the Washington, D.C., metropolitan region. Through Economic Club activities, members have the opportunity to gain expert insight into critical global economic, business, and political issues that impact the operations of the organizations they lead. They also are able to interact with peers in ways that strengthen the area business community and support their ability to effectively guide their individual businesses.
Members of The Economic Club of Washington, D.C. are CEOs and Presidents of large local and national corporations headquartered in the metropolitan region; heads of Washington offices of Fortune 100 companies; managing partners in leading law, accounting and financial firms; executives of top consulting, technology, energy, and research organizations, and heads of national associations, major educational institutions, and leading cultural entities. Membership is limited and currently capped at 650. It also is carefully balanced to ensure a broad spectrum of perspectives among members and that no specific industry, profession, or field of expertise is over-represented. Additionally, membership is restricted to one individual from smaller organizations and two executives from larger ones.
Economic Club members are invited to attend up to 10 signature events each year at which luminaries from all walks of life share their expertise about breaking news issues of the day. These events generally are organized around a breakfast, lunch, or dinner. Attendance is covered by the annual membership dues. Members also are able to invite a limited number of guests to each event for a reasonable fee.
The Economic Club sponsors other programs that draw the metropolitan region’s business community closer together and provide opportunities for area business leaders to share information and learn from each other about unique industry trends. One of the most popular is the Member-hosted Dinner series. On one night, generally three times a year, several Club members host small dinners in their homes for eight to 12 other members. Another program is the Executive Conversations that are exclusive opportunities for Club members to gain expert insight into the most current trends and developments in specific industries from leading executives in those fields who also are Economic Club members. About 20 members are invited to attend each of the Executive Conversations that generally are held at the offices of the hosting member around a breakfast or lunch.
The Economic Club is a 501(c)(3) organization. For tax purposes, dues are considered a charitable contribution.
Becoming a Member
Candidates for membership in the Economic Club must be nominated by a current Club member and seconded by another one. The nominating and seconding members may not be from the same organization. When submitted for consideration by the Membership Committee, the nomination must be supported by the candidate’s biography and a letter of recommendation from the nominating Club member.
The Membership Committee meets regularly to review nominations. Factors taken into consideration in the evaluation process include the candidate’s business and professional achievements, governmental and diplomatic service, leadership role in civic activities, and area of expertise.