CFA INSTITUTE: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CFA INSTITUTE (EIN 54-1386480)
- Tax period
- 2022-09-01 to 2023-08-31
- Filed
- 2024-06-25
- IRS object ID
- 202441779349301104
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-06-25T09:50:58-05:00 | ReturnTs |
| Tax Period End | 2023-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8350 BROAD STREET SUITE 900 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541386480 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CFA INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CFAI | BusinessNameControlTxt |
| Phone | 4349515499 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 EAST HIGH STREET | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22902 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARGARET FRANKLIN | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 4349515499 | PhoneNum |
| Signature | 2024-06-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARGARET | PersonFirstNm |
| Person Last | FRANKLIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN KEARNS | PreparerPersonNm |
| PTIN | P02061479 | PTIN |
| Phone | 7032868000 | PhoneNum |
| Preparation | 2024-06-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARGARET FRANKLIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 EAST HIGH ST | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229022083 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $361,226,289 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.CFAINSTITUTE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1986 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | SEE STATEMENT O | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 502 | TotalEmployeeCnt |
| Total Volunteers | 4862 | TotalVolunteersCnt |
| Total Gross UBI | $476,706 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $195,399 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $390,617 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $328,773,914 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $327,156,040 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,981,661 | PYInvestmentIncomeAmt |
| CY Investment Income | $19,291,055 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,669,768 | PYOtherRevenueAmt |
| CY Other Revenue | $13,898,180 | CYOtherRevenueAmt |
| PY Total Revenue | $346,815,960 | PYTotalRevenueAmt |
| CY Total Revenue | $360,345,275 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $17,520,751 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $15,034,322 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $104,169,159 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $102,328,540 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $157,042,669 | PYOtherExpensesAmt |
| CY Other Expenses | $154,628,435 | CYOtherExpensesAmt |
| PY Total Expenses | $278,732,579 | PYTotalExpensesAmt |
| CY Total Expenses | $271,991,297 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $68,083,381 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $88,353,978 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $663,377,785 | TotalAssetsBOYAmt |
| Total Assets EOY | $774,533,858 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $371,824,941 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $376,977,607 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $291,552,844 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $397,556,251 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE STATEMENT O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE CHARTERED FINANCIAL ANALYST (CFA) PROGRAM: THE ORGANIZATION ADMINISTERS THE CFA PROGRAM, A THREE-LEVEL, EDUCATION AND EXAMINATION PROGRAM COVERING TOPICS ESSENTIAL TO THE INVESTMENT DECISION-MAKING PROCESS. PROGRAM TOPICS FORM THE CANDIDATE BODY OF KNOWLEDGE AND INCLUDE ETHICAL AND PROFESSIONAL STANDARDS, QUANTITATIVE METHODS, ECONOMICS, FINANCIAL STATEMENT REPORTING AND ANALYSIS, CORPORATE FINANCE, EQUITY AND FIXED-INCOME ANALYSIS, ALTERNATIVE INVESTMENTS, DERIVATIVES, PORTFOLIO MANAGEMENT, AND WEALTH PLANNING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROFESSIONAL DEVELOPMENT SERVICES: THE ORGANIZATION PROMOTES LIFELONG LEARNING BY DEVELOPING AND DISSEMINATING A VARIETY OF EDUCATIONAL COURSES AND CERTIFICATES TO INVESTMENT PROFESSIONALS ON TOPICS RELEVANT TO THE PROFESSION, INCLUDING CERTIFICATE IN ESG INVESTING; CLIMATE RISK, VALUATION AND INVESTING CERTIFICATE, PRIVATE MARKETS AND ALTERNATIVE INVESTMENTS CERTIFICATES, DATA SCIENCE FOR INVESTMENT PROFESSIONS CERTIFICATE, THE CERTIFICATE IN INVESTMENT PERFORMANCE MANAGEMENT AND INVESTMENT FOUNDATIONS CERTIFICATE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STANDARDS ADVOCACY, AND THOUGHT LEADERSHIP: THE ORGANIZATION IS A LEADING VOICE ON ISSUES OF FAIRNESS, EFFICIENCY, AND INVESTOR PROTECTION IN GLOBAL CAPITAL MARKETS AND PROMOTES HIGH STANDARDS OF ETHICS, INTEGRITY, AND PROFESSIONAL EXCELLENCE WITHIN THE INVESTMENT COMMUNITY. THE ORGANIZATION ALSO PROMOTES AND ENFORCES THE CFA INSTITUTE CODE OF ETHICS AND STANDARDS OF PROFESSIONAL CONDUCT. ALL MEMBERS OF THE ORGANIZATION AND CANDIDATES IN THE CFA PROGRAM ARE REQUIRED TO ADHERE TO THIS CODE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 262 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 502 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | HK | ForeignCountryCd |
| Foreign Country | CH | ForeignCountryCd |
| Foreign Country | IN | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Foreign Country | SN | ForeignCountryCd |
| Foreign Country | AE | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN HENDRY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4349515499 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 EAST HIGH STREET | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229022083 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| MARGARET FRANKLIN CFA | ||||||||||
| PRES & CEO & RESRCH FDN BD MEM | 40.00 | 1.00 | Yes (X) | Yes (X) | $1,258,421 | $0 | $47,171 | |||
| MARK LAZBERGER CFA | ||||||||||
| BOG CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| TRICIA ROTHSCHILD CFA | ||||||||||
| BOG VICE CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| GEOFFREY NG CFA | ||||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARIA WILTON CFA | ||||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DANIEL FASCIANO CFA | ||||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| HEINZ HOCKMANN PHD | ||||||||||
| BOARD MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BAILEY MARSHALL CFA | ||||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| OYEBANJI FEHINTOLA CFA | ||||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| PUNITA KUMAR-SINHA CFA | ||||||||||
| BOARD MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALEXANDER BIRKIN | ||||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MEI GAO CFA | ||||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOANNE HILL PHD | ||||||||||
| BOARD MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| YIMEI LI CFA | ||||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEVEN HENDRY | ||||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 0.00 | Yes (X) | $531,455 | $0 | $65,644 | ||||
| JOE LANGE | ||||||||||
| CORPORATE SECRETARY | 40.00 | 0.00 | Yes (X) | $210,077 | $0 | $48,294 | ||||
| MARTIN COLBURN | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $577,156 | $0 | $49,571 | Yes (X) | ||||
| SHERI KELLY | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $560,152 | $0 | $57,592 | Yes (X) | ||||
| PAUL ANDREWS | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $548,046 | $0 | $58,569 | Yes (X) | ||||
| MICHAEL COLLINS EXIT 62022 | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $547,515 | $0 | $51,073 | Yes (X) | ||||
| BARBARA PETITT EXIT 22023 | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $516,900 | $0 | $64,672 | Yes (X) | ||||
| CHRIS WIESE | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $466,561 | $0 | $64,384 | Yes (X) | ||||
| ANDREW ROME | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $342,592 | $0 | $56,490 | Yes (X) | ||||
| CHRIS AINSWORTH EXIT 62022 | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $245,320 | $0 | $40,124 | Yes (X) | ||||
| PEG JOBST EXIT 42022 | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $190,425 | $0 | $28,257 | Yes (X) | ||||
| PAUL MOODY | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $461,295 | $0 | $5,391 | Yes (X) | ||||
| CAROLE CRAWFORD EXIT 72023 | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $464,771 | $0 | $49,096 | Yes (X) | ||||
| HEIDI DIEDRICH EXIT 82022 | ||||||||||
| SENIOR HEAD, GLOBAL B2C | 40.00 | 0.00 | $453,287 | $0 | $47,660 | Yes (X) | ||||
| SANDY PETERS | ||||||||||
| SENIOR HEAD, FIN. RPT POLICY | 40.00 | 0.00 | $415,504 | $0 | $58,373 | Yes (X) | ||||
| MIKE PETERSON | ||||||||||
| CHIEF TECHOLOGY OFFICER | 40.00 | 0.00 | $407,416 | $0 | $57,325 | Yes (X) | ||||
| VITO LORE | ||||||||||
| SENIOR HEAD, STRATEGY & PLAN. | 40.00 | 0.00 | $391,203 | $0 | $64,169 | Yes (X) | ||||
| LEILANI HALL | ||||||||||
| SENIOR HEAD, CODES AND STAND. | 40.00 | 0.00 | $419,734 | $0 | $48,504 | Yes (X) | ||||
| KURT SCHACHT CFA EXIT 122022 | ||||||||||
| SENIOR HEAD ADV | 40.00 | 0.00 | $303,410 | $0 | $60,955 | Yes (X) | ||||
| NICK POLLARD | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $517,817 | $0 | $75,557 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $9,829,057 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,098,871 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 305 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|
| PROMETRIC LLC | |||||||||
| 500 ROSS ST | PITTSBURGH | PA | 15262 | PROFESSIONAL SVS | $30,618,965 | ||||
| DATAART SOLUTIONS INC | |||||||||
| 475 PARK AVENUE SOUTH 15TH FLOOR | NEW YORK | NY | 10016 | PROFESSIONAL SVS | $9,523,685 | ||||
| THE GATE WORLDWIDE LLC | |||||||||
| 71 5TH AVE 8TH FLOOR | NEW YORK | NY | 10003 | ADVERTISING | $7,558,966 | ||||
| BRITISH COUNCIL | |||||||||
| PROFESSIONAL SVS | $7,412,362 | 1 REDMAN PLACE STRATFORD | LONDON | UK | E20 1JQ | ||||
| WATERMELON EXPRESS INC DBA BENCHPREP | |||||||||
| 111 S WACKER DRIVE SUITE 1200 | CHICAGO | IL | 60606 | PROFESSIONAL SVS | $5,600,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 91 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CANDIDATE FEES | 900099 | $247,460,809 | $247,460,809 |
| MEMBERSHIP DUES | 900099 | $50,504,684 | $50,504,684 |
| EDUCATIONAL PRODUCTS | 611710 | $29,190,547 | $29,190,547 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $327,156,040 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,172,069 | TotalRevenueColumnAmt |
| Exclusion | $20,172,069 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $539,909 | TotalRevenueColumnAmt |
| Exclusion | $539,909 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $73,743 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $73,743 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $73,743 | TotalRevenueColumnAmt |
| Exclusion | $73,743 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $881,014 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$881,014 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$881,014 | TotalRevenueColumnAmt |
| Exclusion | -$881,014 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| MISCELLANEOUS | 900099 | $12,641,791 | $12,641,791 | |
| CAREER CENTER REVENUE | 541900 | $476,706 | $476,706 | |
| SERVICE FEE REP. OFFICE | 900099 | $166,031 | $166,031 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $13,284,528 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $360,345,275 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $339,963,862 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $476,706 | UnrelatedBusinessRevenueAmt |
| Exclusion | $19,904,707 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,080,606 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,953,716 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,186,400 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,077,922 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,447,918 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,230,664 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,385,636 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $821 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,553,934 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,421,548 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $248,576 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,366,052 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,858,491 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,948,129 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,744,372 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,677,194 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,179,282 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $997,199 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,124,842 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,033,577 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| EXAM ADMIN EXPENSES | $35,925,764 |
| PRODUCT MERCH COSTS | $11,065,233 |
| CONTRACT LABOR & RECRUI | $5,097,898 |
| STAFF TRAINING | $418,154 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,967,167 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,991,297 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,500,161 | BOYAmt |
| EOY | $22,301,469 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,370,794 | BOYAmt |
| EOY | $177,060,774 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,140,290 | BOYAmt |
| EOY | $8,188,525 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,013,659 | BOYAmt |
| EOY | $17,263,214 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $30,682,706 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,763,493 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,550,228 | BOYAmt |
| EOY | $14,919,213 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $464,572,076 | BOYAmt |
| EOY | $497,808,221 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,209,514 | BOYAmt |
| EOY | $18,016,314 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,021,063 | BOYAmt |
| EOY | $18,976,128 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $663,377,785 | BOYAmt |
| EOY | $774,533,858 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,216,426 | BOYAmt |
| EOY | $48,271,795 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,242,347 | BOYAmt |
| EOY | $306,689,592 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,366,168 | BOYAmt |
| EOY | $22,016,220 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $371,824,941 | BOYAmt |
| EOY | $376,977,607 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,552,844 | BOYAmt |
| EOY | $397,556,251 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,552,844 | BOYAmt |
| EOY | $397,556,251 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $663,377,785 | BOYAmt |
| EOY | $774,533,858 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $88,353,978 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $14,255,376 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | -$600,200 | DonatedServicesAndUseFcltsAmt |
| Other Changes In Net Assets | $3,994,253 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
| Dues Assessments | $50,504,684 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $51,104 | NonDeductibleLbbyngPltclCYAmt |
| Non Deductible Lbbyng Pltcl Tot | $51,104 | NonDeductibleLbbyngPltclTotAmt |
| Taxable | $51,104 | TaxableAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,736,950 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,144,848 | DepreciationAmt |
| Book Value | $2,592,102 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,945,756 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,618,645 | DepreciationAmt |
| Book Value | $12,327,111 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $14,919,213 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| LEASE OBLIGATIONS AND FINANCE LIABILITY | $19,555,393 |
| OTHER TAXES PAYABLE | $1,864,980 |
| UNCLAIMED PROPERTY | $304,962 |
| DUE TO AFFILIATES | $189,261 |
| FEDERAL EXCISE TAX | $52,900 |
| SOCIETY DUES PAYABLE | $48,724 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $22,016,220 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $379,095,988 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $14,255,376 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $3,862,899 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$248,576 | OtherRevenueAmt |
| Revenue Not Reported | $17,869,699 | RevenueNotReportedAmt |
| Revenue Subtotal | $361,226,289 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$881,014 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$881,014 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $360,345,275 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $273,092,581 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $4,463,099 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | -$3,113,239 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,349,860 | ExpensesNotReportedAmt |
| Expenses Subtotal | $271,742,721 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $248,576 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $248,576 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $271,991,297 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | CFA INSTITUTE HAS PERFORMED AN EVALUATION OF ALL UNRELATED BUSINESS INCOME AND HAS MAINTAINED ITS TAX-EXEMPT STATUS. CFA INSTITUTE HAS DETERMINED THAT IT HAS ADEQUATELY PROVIDED FOR ALL OPEN TAX YEARS AND HAS NO UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | INVESTMENT MANAGEMENT FEES -248,576. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | LOSS ON DISPOSAL OF ASSETS -881,014. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FAILED SALE LEASEBACK ADJUSTMENT -3,994,253. LOSS ON SALE OF ASSETS 881,014. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (18 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | OfficesOfficesCnt | EmployeeEmployeeCnt |
|---|---|---|---|---|---|
| CENTRAL AMERICA & THE CARRIBEAN | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $1,572 | ||
| EAST ASIA & THE PACIFIC | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $19,199,001 | 6 | 55 |
| EUROPE | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $14,562,925 | 2 | 59 |
| MIDDLE EAST & NORTH AFRICA | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $1,966,210 | 1 | 5 |
| NORTH AMERICA | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $129,230 | ||
| RUSSIA & THE NEWLY INDEPENDENT STATES | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $120 | ||
| SOUTH AMERICA | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $21,924 | ||
| SOUTH ASIA | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $4,332,758 | 1 | 24 |
| SUB-SAHARAN AFRICA | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $19,455 | ||
| CENTRAL AMERICA & THE CARRIBEAN | GRANTMAKING | N/A | $127,465 | ||
| EAST ASIA & THE PACIFIC | GRANTMAKING | N/A | $2,250,198 | ||
| EUROPE | GRANTMAKING | N/A | $3,945,090 | ||
| MIDDLE EAST & NORTH AFRICA | GRANTMAKING | N/A | $607,190 | ||
| NORTH AMERICA | GRANTMAKING | N/A | $1,798,581 | ||
| RUSSIA & NEIGHBORING STATES | GRANTMAKING | N/A | $113,185 | ||
| SOUTH AMERICA | GRANTMAKING | N/A | $490,629 | ||
| SOUTH ASIA | GRANTMAKING | N/A | $857,166 | ||
| SUB-SAHARAN AFRICA | GRANTMAKING | N/A | $764,213 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 10 | SubtotalOfficesCnt |
| Subtotal Employees | 143 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 10 | TotalOfficeCnt |
| Total Employee | 143 | TotalEmployeeCnt |
| Subtotal Spent | $40,213,740 | SubtotalSpentAmt |
| Continuation Spent | $10,973,172 | ContinuationSpentAmt |
| Total Spent | $51,186,912 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (102 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|
| CENTRAL AMERICA & THE CARRIBEAN | GEN SUPPORT | $15,017 | WIRE/CHECK | $0 | N/A | N/A |
| CENTRAL AMERICA & THE CARRIBEAN | GEN SUPPORT | $17,658 | WIRE/CHECK | $0 | N/A | N/A |
| CENTRAL AMERICA & THE CARRIBEAN | GEN SUPPORT | $36,593 | WIRE/CHECK | $0 | N/A | N/A |
| CENTRAL AMERICA & THE CARRIBEAN | GEN SUPPORT | $28,407 | WIRE/CHECK | $0 | N/A | N/A |
| CENTRAL AMERICA & THE CARRIBEAN | GEN SUPPORT | $14,297 | WIRE/CHECK | $0 | N/A | N/A |
| CENTRAL AMERICA & THE CARRIBEAN | GEN SUPPORT | $15,493 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $315,069 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $50,679 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $89,536 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $305,559 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $132,239 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $77,163 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $143,865 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $68,544 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $43,919 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $357,985 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $461,768 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $109,030 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $46,877 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $7,288 | WIRE/CHECK | $0 | N/A | N/A |
| EAST ASIA & THE PACIFIC | GEN SUPPORT | $36,800 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $38,352 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $32,515 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $53,905 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $35,474 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $38,713 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $42,927 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $382,350 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $582,539 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $103,164 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $18,769 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $48,657 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $155,245 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $51,010 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $27,406 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $25,129 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $143,560 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $74,002 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $54,527 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $183,924 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $66,939 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $41,243 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $26,683 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $30,609 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $31,373 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $172,737 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $52,926 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $516,401 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $71,507 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $505,300 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $50,000 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $136,182 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $55,241 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $42,000 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $8,159 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $14,996 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $27,214 | WIRE/CHECK | $0 | N/A | N/A |
| EUROPE | GEN SUPPORT | $8,000 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $8,925 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $39,064 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $71,925 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $30,962 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $49,817 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $105,084 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $24,784 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $156,114 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $21,802 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $24,694 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $15,590 | WIRE/CHECK | $0 | N/A | N/A |
| MIDDLE EAST & NORTH AFRICA | GEN SUPPORT | $58,429 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $186,334 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $34,229 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $531,305 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $43,183 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $92,824 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $49,891 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $45,616 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $27,885 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $44,638 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $32,701 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $547,097 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $93,063 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $32,341 | WIRE/CHECK | $0 | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $37,473 | WIRE/CHECK | $0 | N/A | N/A |
| RUSSIA & NEIGHBORING STATES | GEN SUPPORT | $72,565 | WIRE/CHECK | $0 | N/A | N/A |
| RUSSIA & NEIGHBORING STATES | GEN SUPPORT | $40,620 | WIRE/CHECK | $0 | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $55,537 | WIRE/CHECK | $0 | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $258,800 | WIRE/CHECK | $0 | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $45,701 | WIRE/CHECK | $0 | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $35,160 | WIRE/CHECK | $0 | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $45,285 | WIRE/CHECK | $0 | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $50,146 | WIRE/CHECK | $0 | N/A | N/A |
| SOUTH ASIA | GEN SUPPORT | $37,447 | WIRE/CHECK | $0 | N/A | N/A |
| SOUTH ASIA | GEN SUPPORT | $616,632 | WIRE/CHECK | $0 | N/A | N/A |
| SOUTH ASIA | GEN SUPPORT | $117,291 | WIRE/CHECK | $0 | N/A | N/A |
| SOUTH ASIA | GEN SUPPORT | $83,818 | WIRE/CHECK | $0 | N/A | N/A |
| SUB-SAHARAN AFRICA | GEN SUPPORT | $127,836 | WIRE/CHECK | $0 | N/A | N/A |
| SUB-SAHARAN AFRICA | GEN SUPPORT | $32,229 | WIRE/CHECK | $0 | N/A | N/A |
| SUB-SAHARAN AFRICA | GEN SUPPORT | $29,694 | WIRE/CHECK | $0 | N/A | N/A |
| SUB-SAHARAN AFRICA | GEN SUPPORT | $217,682 | WIRE/CHECK | $0 | N/A | N/A |
| SUB-SAHARAN AFRICA | GEN SUPPORT | $348,272 | WIRE/CHECK | $0 | N/A | N/A |
| SUB-SAHARAN AFRICA | GEN SUPPORT | $8,500 | WIRE/CHECK | $0 | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 102 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | Yes (1) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | INDIVIDUAL GRANT PAYMENTS ARE MONITORED AND TRACKED BY CFA INSTITUTE STAFF. GRANT RECIPIENTS ARE REQUIRED TO SUBMIT DETAILED BUSINESS PLANS, BUDGETS AND REPORTS. ADDITIONALLY AS PART OF THE GRANT MONITORING PROCEDURES, THE GRANT RECIPIENTS HAVE TO PROVIDE CFA INSTITUTE THEIR FINANCIALS ANNUALLY. CFA INSTITUTE IS ALSO ABLE TO CONDUCT AN AUDIT OF THE SOCIETY GRANT RECIPIENTS AT ANY TIME. CFA INSTITUTE ENSURES THAT ITS GRANT AGREEMENTS CONTAIN LANGUAGE RESTRICTING THE USE OF GRANT FUNDS TO BE USED FOR ANY PURPOSE OTHER THAN AS SPECIFIED IN THE INDIVIDUAL GRANT. THE GRANT FUNDS CAN NEITHER BE USED TO REIMBURSE THE EXPENSES THAT SOCIETY GRANT RECIPIENTS INCURRED PRIOR TO THE GRANT'S APPROVAL, NOR CAN THE GRANT FUNDS RESULT IN AN UNEXPECTED SURPLUS FOR THE SOCIETY GRANT RECIPIENTS. THESE PROCEDURES ENSURE THAT NO AMOUNTS CAN BE USED FOR THE INUREMENT OF PRIVATE INDIVIDUALS, INCLUDING INDIVIDUAL MEMBERS. |
| PART III ACCOUNTING METHOD: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (69 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CFA INSTITUTE RESEARCH FOUNDATION | |||||||||||
| 915 EAST HIGH STREET | CHARLOTTESVILLE | VA | 22902 | 546063408 | 501(C)(3) | $176,441 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETIES TEXAS | |||||||||||
| PO BOX 1467 | AUSTIN | TX | 787671467 | 454833185 | 501(C)(6) | $57,338 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ALABAMA | |||||||||||
| 100 OFFICE PARK DR | BIRMINGHAM | AL | 35223 | 631064381 | 501(C)(6) | $35,989 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ARKANSAS | |||||||||||
| 111 CENTER STREET 1ST FLOOR | LITTLE ROCK | AR | 72201 | 582055805 | 501(C)(6) | $28,133 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ATLANTA | |||||||||||
| 4355 COBB PARKWAY SUITE J-533 | ATLANTA | GA | 30339 | 581105110 | 501(C)(6) | $44,448 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY AUSTIN | |||||||||||
| PO BOX 1467 | AUSTIN | TX | 787671467 | 721621543 | 501(C)(6) | $38,486 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY BALTIMORE | |||||||||||
| 575 S CHARLES ST STE 500 | BALTIMORE | MD | 21201 | 520895933 | 501(C)(6) | $50,870 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY BOSTON | |||||||||||
| 101 FEDERAL ST SUITE 502 | BOSTON | MA | 02110 | 237069432 | 501(C)(6) | $153,540 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY BUFFALO | |||||||||||
| PO BOX 529 ELLICOTT STATION | BUFFALO | NY | 14205 | 205170662 | 501(C)(6) | $21,403 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY CHICAGO | |||||||||||
| 33 N LASALLE STREET SUITE 910 | CHICAGO | IL | 60602 | 362595074 | 501(C)(6) | $232,581 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY CINCINNATI | |||||||||||
| 4010 EXECUTIVE PARK DRIVE SUITE 100 | CINCINATTI | OH | 45241 | 237094427 | 501(C)(6) | $24,212 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY CLEVELAND | |||||||||||
| 24199 LYMAN BLVD | SHAKER HEIGHTS | OH | 44122 | 237065462 | 501(C)(6) | $49,653 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY COLORADO | |||||||||||
| 6057 LAKEVIEW ST | LITTLETON | CO | 80120 | 840585027 | 501(C)(6) | $73,238 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY COLUMBUS | |||||||||||
| GITANGA CLOSE APARTMENTS 1-B | COLUMBUS | OH | 432031550 | 311393658 | 501(C)(6) | $19,413 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY DALLASFORT WORTH | |||||||||||
| PO BOX 8205116 | DALLAS | TX | 75382 | 237078748 | 501(C)(6) | $82,028 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY DAYTON | |||||||||||
| 10 N LUDLOW ST STE 800 | TROY | OH | 45373 | 260659612 | 501(C)(6) | $8,424 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY DETROIT | |||||||||||
| 35464 JEFFERS COURT | HARRISON TOWNSHIP | MI | 48045 | 386087152 | 501(C)(6) | $45,837 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY EAST TENNESSEE | |||||||||||
| 520 LOOKOUT ST | CHATTANOOGA | TN | 37403 | 463796519 | 501(C)(6) | $38,023 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY HARTFORD | |||||||||||
| PO BOX 266 | GRANBY | CT | 06035 | 900770635 | 501(C)(6) | $56,320 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY HAWAII | |||||||||||
| PO BOX 580 | HONOLULU | HI | 968090580 | 870753677 | 501(C)(6) | $15,748 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY INDIANAPOLIS | |||||||||||
| PO BOX 1225 | CARMEL | IN | 46032 | 237119206 | 501(C)(6) | $42,177 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY JACKSONVILLE | |||||||||||
| 1579 THE GREENS WAY SUITE 20 | JACKSONVILLE BEACH | FL | 32250 | 591606008 | 501(C)(6) | $33,564 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY KANSAS CITY | |||||||||||
| PO BOX 26285 | OVERLAND | KS | 66225 | 820560661 | 501(C)(6) | $24,948 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY LOS ANGELES | |||||||||||
| 13400 RIVERSIDE DR STE 215 | SHERMAN OAKS | CA | 91423 | 956069970 | 501(C)(6) | $142,506 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY LOUISIANA | |||||||||||
| 228 ST CHARLES AVE STE 200 | NEW ORLEANS | LA | 70130 | 720947195 | 501(C)(6) | $14,865 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY LOUISVILLE | |||||||||||
| 13603 FOREST BEND CIRCLE | LOUISVILLE | KY | 40245 | 900838184 | 501(C)(6) | $22,194 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MADISON | |||||||||||
| 1241 JOHN Q HAMMONS DRIVE | MADISON | WI | 53717 | 391929703 | 501(C)(6) | $23,974 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MAINE | |||||||||||
| PO BOX 258 | BAR HARBOR | ME | 04609 | 043547791 | 501(C)(6) | $32,735 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MILWAUKEE | |||||||||||
| 100 EAST WISCONSIN AVENUE STE 2400 | MILWAUKEE | WI | 53202 | 237072850 | 501(C)(6) | $47,303 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MINNESOTA | |||||||||||
| 121 SOUTH EIGHTH STREET SUITE 825 | MINNEAPOLIS | MN | 55402 | 411861989 | 501(C)(6) | $102,420 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MISSISSIPPI | |||||||||||
| 1018 HIGHLAND COLONY PARKWAY SUITE | RIDGELAND | MS | 39157 | 640716591 | 501(C)(6) | $15,486 | $0 | N/A | N/A | GEN SUPPORT | 600 |
| CFA SOCIETY NAPLES | |||||||||||
| 11094 RIVER TRENT COURT | LEHIGH ACRES | FL | 33971 | 593405436 | 501(C)(6) | $30,149 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NASHVILLE | |||||||||||
| 1718 CHURCH ST 330352 | NASHVILLE | TN | 37203 | 621181717 | 501(C)(6) | $42,453 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NEBRASKA | |||||||||||
| PO BOX 80685 | LINCOLN | NE | 68501 | 470667513 | 501(C)(6) | $38,063 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NEVADA | |||||||||||
| 2251 S FT APADIE RAD | LAS VEGAS | NV | 89117 | 200195946 | 501(C)(6) | $11,008 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NEW MEXICO | |||||||||||
| PO BOX 36947 | ALBUQUERQUE | NM | 87176 | 850454738 | 501(C)(6) | $28,600 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NEW YORK | |||||||||||
| 1540 BROADWAY SUITE 1010 | NEW YORK | NY | 100362714 | 833591457 | 501(C)(6) | $527,479 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NORTH CAROLINA | |||||||||||
| 3004 OXBOW CT | RALEIGH | NC | 27613 | 561824044 | 501(C)(6) | $136,193 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF HOUSTON | |||||||||||
| 10401 WESTOFFICE DRIVE | HOUSTON | TX | 77042 | 237004744 | 501(C)(6) | $52,441 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF IDAHO | |||||||||||
| 7661 W RIVERSIDE DR 105 | BOISE | ID | 83714 | 043704521 | 501(C)(6) | $16,528 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF IOWA | |||||||||||
| PO BOX 307 | BONDURANT | IA | 50035 | 421152989 | 501(C)(6) | $44,564 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF MEMPHIS | |||||||||||
| 5118 PARK AVE SUITE 308 | MEMPHIS | TN | 38117 | 621636928 | 501(C)(6) | $35,830 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OF MIAMI | |||||||||||
| PO BOX 960901 | MIAMI | FL | 332960901 | 611572381 | 501(C)(6) | $48,986 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OKLAHOMA | |||||||||||
| PO BOX 13006 | OKLAHOMA CITY | OK | 73113 | 203779358 | 501(C)(6) | $60,261 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ORANGE COUNTY | |||||||||||
| 4533 MACARTHUR BLVD SUITE 182 | NEWPORT BEACH | CA | 92660 | 330228558 | 501(C)(6) | $50,379 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ORLANDO | |||||||||||
| PO BOX 2783 | ORLANDO | FL | 32802 | 593213363 | 501(C)(6) | $35,725 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY PHILADELPHIA | |||||||||||
| 1900 MARKET STREET 8TH FLOOR | PHILADELPHIA | PA | 19103 | 236395738 | 501(C)(6) | $147,333 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY PHOENIX | |||||||||||
| 1341 W 13TH PLACE | TEMPE | AZ | 85281 | 860469879 | 501(C)(6) | $52,735 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY PITTSBURGH | |||||||||||
| PO BOX 1212 | PITTSBURGH | PA | 15230 | 251421153 | 501(C)(6) | $41,000 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY PORTLAND | |||||||||||
| PO BOX 434 | PORTLAND | OR | 97207 | 237358083 | 501(C)(6) | $46,166 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY PROVIDENCE | |||||||||||
| PO BOX 41027 | PROVIDENCE | RI | 02940 | 237069442 | 501(C)(6) | $17,538 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ROCHESTER | |||||||||||
| 2 BERRYWOOD CIRCLE | PENFIELD | NY | 14526 | 160977751 | 501(C)(6) | $21,450 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SACRAMENTO | |||||||||||
| 915 L STREET SUITE C-252 | SACRAMENTO | CA | 95814 | 943315268 | 501(C)(6) | $19,497 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SALT LAKE | |||||||||||
| 150 SOCIAL HALL | SALT LAKE CITY | UT | 84145 | 611526448 | 501(C)(6) | $34,595 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SAN ANTONIO | |||||||||||
| 12526 LA AVENTURA ST | SAN ANTONIO | TX | 78233 | 741660459 | 501(C)(6) | $18,894 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SAN DIEGO | |||||||||||
| PO BOX 928456 | SAN DIEGO | CA | 921928456 | 237069278 | 501(C)(6) | $53,709 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SAN FRANCISCO | |||||||||||
| 201 SPEAR ST SUITE 1100 | SAN FRANCISCO | CA | 941056164 | 946078576 | 501(C)(6) | $191,498 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SEATTLE | |||||||||||
| PO BOX 8388 | COVINGTON | WA | 98042 | 911164972 | 501(C)(6) | $65,598 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SOUTH CAROLINA | |||||||||||
| 2711 MIDDLEBURG DR SUITE 316 | COLUMBIA | SC | 29204 | 571134283 | 501(C)(6) | $20,594 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SOUTH FLORIDA | |||||||||||
| 6752 146TH RD | WEST PALM BEACH | FL | 33418 | 300325375 | 501(C)(6) | $31,941 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SPOKANE | |||||||||||
| 808 W SPOKANE FALLS BLVD | SPOKANE | WA | 99201 | 911592696 | 501(C)(6) | $17,806 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ST LOUIS | |||||||||||
| 330 WENNEKER DRIVE | ST LOUIS | MO | 63124 | 436031785 | 501(C)(6) | $54,212 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY STAMFORD | |||||||||||
| 6 OLIVER STREET HARBOR VIEW | SOUTH NORWALK | CT | 06854 | 061513527 | 501(C)(6) | $31,677 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY TAMPA BAY | |||||||||||
| 12157 W LINEBAUGH AVE PMB 312 | TAMPA | FL | 336261732 | 510669210 | 501(C)(6) | $54,569 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY TUCSON | |||||||||||
| 1820 E RIVER ROAD | TUCSON | AZ | 85718 | 462993396 | 501(C)(6) | $26,844 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY VIRGINIA | |||||||||||
| 6806 PARAGON PL SUITE 300 | RICHMOND | VA | 23230 | 541429832 | 501(C)(6) | $29,523 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY WASHINGTON DC | |||||||||||
| 1401 NEW YORK AVE NW STE 330 | WASHINGTON | DC | 20005 | 237360649 | 501(C)(6) | $145,597 | $0 | N/A | N/A | GEN SUPPORT | |
| CFA WEST MICHIGAN SOCIETY | |||||||||||
| 99 MONROE AVENUE NW | GRAND RAPIDS | MI | 49503 | 030560080 | 501(C)(6) | $28,525 | $0 | N/A | N/A | GEN SUPPORT | |
| COLUMBIA UNIVERSITY | |||||||||||
| 435 WEST 116TH STREET | NEW YORK | NY | 10027 | 135598093 | 501(C)(3) | $15,000 | $0 | N/A | N/A | GEN SUPPORT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 67 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | INDIVIDUAL GRANT PAYMENTS ARE MONITORED AND TRACKED BY CFA INSTITUTE STAFF. GRANT RECIPIENTS ARE REQUIRED TO SUBMIT DETAILED BUSINESS PLANS, BUDGETS AND REPORTS. ADDITIONALLY AS PART OF THE GRANT MONITORING PROCEDURES, THE GRANT RECIPIENTS HAVE TO PROVIDE CFA INSTITUTE THEIR FINANCIALS ANNUALLY. CFA INSTITUTE IS ALSO ABLE TO CONDUCT AN AUDIT OF THE SOCIETY GRANT RECIPIENTS AT ANY TIME. ALL DOMESTIC GRANTEES HAVE BEEN DEEMED TO BE TAX-EXEMPT ENTITIES THAT ARE SUBJECT TO PRIVATE INUREMENT PROHIBITIONS JUST AS CFA INSTITUTE IS. THESE GRANTS ARE NOT USED TO PROVIDE FUNDS TO ANY INDIVIDUAL MEMBERS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (21 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARGARET FRANKLIN CFA | ||||||||||||||
| PRES & CEO & RESRCH FDN BD MEM | $658,000 | $0 | $570,400 | $0 | $30,021 | $0 | $36,600 | $0 | $10,571 | $0 | $1,305,592 | $0 | $0 | $0 |
| MARTIN COLBURN | ||||||||||||||
| MANAGING DIRECTOR | $330,000 | $0 | $228,300 | $0 | $18,856 | $0 | $36,600 | $0 | $12,971 | $0 | $626,727 | $0 | $0 | $0 |
| SHERI KELLY | ||||||||||||||
| MANAGING DIRECTOR | $350,000 | $0 | $205,364 | $0 | $4,788 | $0 | $36,600 | $0 | $20,992 | $0 | $617,744 | $0 | $0 | $0 |
| PAUL ANDREWS | ||||||||||||||
| MANAGING DIRECTOR | $350,000 | $0 | $187,200 | $0 | $10,846 | $0 | $36,600 | $0 | $21,969 | $0 | $606,615 | $0 | $0 | $0 |
| MICHAEL COLLINS EXIT 62022 | ||||||||||||||
| MANAGING DIRECTOR | $139,110 | $0 | $214,816 | $0 | $193,589 | $0 | $36,600 | $0 | $14,473 | $0 | $598,588 | $0 | $0 | $0 |
| STEVEN HENDRY | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $330,000 | $0 | $198,000 | $0 | $3,455 | $0 | $36,600 | $0 | $29,044 | $0 | $597,099 | $0 | $0 | $0 |
| NICK POLLARD | ||||||||||||||
| MANAGING DIRECTOR | $350,430 | $0 | $132,063 | $0 | $35,324 | $0 | $54,052 | $0 | $21,505 | $0 | $593,374 | $0 | $0 | $0 |
| BARBARA PETITT EXIT 22023 | ||||||||||||||
| MANAGING DIRECTOR | $276,474 | $0 | $190,215 | $0 | $50,211 | $0 | $36,600 | $0 | $28,072 | $0 | $581,572 | $0 | $0 | $0 |
| CHRIS WIESE | ||||||||||||||
| MANAGING DIRECTOR | $301,516 | $0 | $161,752 | $0 | $3,293 | $0 | $36,600 | $0 | $27,784 | $0 | $530,945 | $0 | $0 | $0 |
| CAROLE CRAWFORD EXIT 72023 | ||||||||||||||
| MANAGING DIRECTOR | $305,662 | $0 | $152,500 | $0 | $6,609 | $0 | $36,600 | $0 | $12,496 | $0 | $513,867 | $0 | $0 | $0 |
| HEIDI DIEDRICH EXIT 82022 | ||||||||||||||
| SENIOR HEAD, GLOBAL B2C | $150,552 | $0 | $93,817 | $0 | $208,918 | $0 | $31,188 | $0 | $16,472 | $0 | $500,947 | $0 | $0 | $0 |
| SANDY PETERS | ||||||||||||||
| SENIOR HEAD, FIN. RPT POLICY | $302,750 | $0 | $107,784 | $0 | $4,970 | $0 | $36,600 | $0 | $21,773 | $0 | $473,877 | $0 | $0 | $0 |
| LEILANI HALL | ||||||||||||||
| SENIOR HEAD, CODES AND STAND. | $301,740 | $0 | $108,583 | $0 | $9,411 | $0 | $36,600 | $0 | $11,904 | $0 | $468,238 | $0 | $0 | $0 |
| PAUL MOODY | ||||||||||||||
| MANAGING DIRECTOR | $280,894 | $0 | $173,039 | $0 | $7,362 | $0 | $0 | $0 | $5,391 | $0 | $466,686 | $0 | $0 | $0 |
| MIKE PETERSON | ||||||||||||||
| CHIEF TECHOLOGY OFFICER | $292,415 | $0 | $103,341 | $0 | $11,660 | $0 | $36,600 | $0 | $20,725 | $0 | $464,741 | $0 | $0 | $0 |
| VITO LORE | ||||||||||||||
| SENIOR HEAD, STRATEGY & PLAN. | $289,700 | $0 | $98,354 | $0 | $3,149 | $0 | $36,600 | $0 | $27,569 | $0 | $455,372 | $0 | $0 | $0 |
| ANDREW ROME | ||||||||||||||
| MANAGING DIRECTOR | $257,007 | $0 | $83,378 | $0 | $2,207 | $0 | $36,600 | $0 | $19,890 | $0 | $399,082 | $0 | $0 | $0 |
| KURT SCHACHT CFA EXIT 122022 | ||||||||||||||
| SENIOR HEAD ADV | $230,104 | $0 | $64,293 | $0 | $9,013 | $0 | $34,516 | $0 | $26,439 | $0 | $364,365 | $0 | $0 | $0 |
| CHRIS AINSWORTH EXIT 62022 | ||||||||||||||
| MANAGING DIRECTOR | $156,439 | $0 | $27,850 | $0 | $61,031 | $0 | $25,690 | $0 | $14,434 | $0 | $285,444 | $0 | $0 | $0 |
| JOE LANGE | ||||||||||||||
| CORPORATE SECRETARY | $169,507 | $0 | $37,868 | $0 | $2,702 | $0 | $24,885 | $0 | $23,409 | $0 | $258,371 | $0 | $0 | $0 |
| PEG JOBST EXIT 42022 | ||||||||||||||
| MANAGING DIRECTOR | $110,000 | $0 | $29,536 | $0 | $50,889 | $0 | $18,580 | $0 | $9,677 | $0 | $218,682 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | FIRST-CLASS OR CHARTER TRAVEL: MEMBERS OF THE LEADERSHIP TEAM AS WELL AS OTHER MANAGING DIRECTORS ARE ELIGIBLE FOR FIRST CLASS AIR TRAVEL. MEMBERS OF THE LEADERSHIP TEAM, MANAGING DIRECTORS, AND THE BOARD OF GOVERNORS ARE ELIGIBLE FOR FIRST CLASS RAIL TRAVEL. TRAVEL FOR COMPANION: COMPANION TRAVEL IS AVAILABLE AS OF THE POLICY REVISION DATE FOR THE FOLLOWING GROUPS WITH THE COST OF THE SECOND TICKET COVERED BY CFA INSTITUTE BUT REPRESENTING TAXABLE INCOME TO THE TRAVELER. THIS BENEFIT DOES NOT ROLL OVER IF NOT USED WITHIN THE FISCAL YEAR. *MEMBERS OF THE LEADERSHIP TEAM ARE ELIGIBLE ON ONE TRIP PER FISCAL YEAR TO PURCHASE AN ADDITIONAL TICKET FOR ONE COMPANION IN THE SAME CLASS OF SERVICE. THIS DOES NOT APPLY TO NON-LEADERSHIP TEAM MANAGING DIRECTORS. *MEMBERS OF THE BOARD OF GOVERNORS ARE ELIGIBLE TO PURCHASE AN ADDITIONAL TICKET FOR ONE COMPANION IN THE SAME CLASS OF SERVICE FOR ONE BUSINESS TRIP PER FISCAL YEAR. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: CFA INSTITUTE PROVIDED A GROSS UP ON INCOME REPORTED TO CEO TO COVER IMPUTED INCOME ASSOCIATED WITH THE PROVISION OF OUTSIDE TAX PREPARATION SERVICES. HOUSING ALLOWANCE OR RESIDENT FOR PERSONAL USE: CFA INSTITUTE PAYS FOR RELOCATION HOUSING AND INCLUDES THIS IN THE EMPLOYEE'S COMPENSATION. AS CUSTOMARY IN LOCAL COUNTRY, CFA INSTITUTE EMPLOYEES WHO LIVE AND WORK IN HONG KONG, INDIA, OR UNITED ARAB EMIRATES ARE PROVIDED HOUSING ALLOWANCES WHICH ARE INCLUDED IN COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: EFFECTIVE 1 JANUARY 2023, LIFESTYLE SPENDING ACCOUNTS (LSA'S) WERE ESTABLISHED FOR ALL CFA INSTITUTE EMPLOYEES. FUNDS ALLOCATED TO THE LSA'S CAN BE USED FOR REIMBURSEMENT OF APPROVED EXPENSES RELATED TO MEMBER HEALTH AND WELLNESS, UP TO A MAXIMUM AMOUNT. PRIOR TO THAT, THE U.S. WELLNESS PROGRAM CHANGED IN CY2016 FROM A REIMBURSABLE PLAN TO A CREDIT-WELLNESS PROGRAM. HOWEVER, U.S. EMPLOYEES WHO WERE NOT COVERED BY A CFA INSTITUTE HEALTH PLAN, AND NON-U.S. EMPLOYEES WERE STILL ELIGIBLE FOR REIMBURSEMENTS ASSUMING THEY QUALIFY. |
| PART I, LINE 4A | SEVERANCE PAYMENTS WERE MADE AS FOLLOWS: MICHAEL COLLINS $176,167 HEIDI DIEDRICH $187,975 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHERI KELLY | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | KEY EMPLOYEE | RelationshipDescriptionTxt |
| Transaction | $54,462 | TransactionAmt |
| Transaction | EMPLOYMENT COMPENSATION TO A FAMILY MEMBER | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART 1, LINE 1: | TO LEAD THE INVESTMENT PROFESSION GLOBALLY BY PROMOTING THE HIGHEST STANDARDS OF ETHICS, EDUCATION, AND PROFESSIONAL EXCELLENCE FOR THE ULTIMATE BENEFIT OF SOCIETY. |
| PART III, LINE 1: | CFA INSTITUTE IS THE GLOBAL, NON-PROFIT PROFESSIONAL MEMBERSHIP ASSOCIATION THAT ADMINISTERS THE CHARTERED FINANCIAL ANALYST (CFA) CERTIFICATE, THE CERTIFICATE IN INVESTMENT PERFORMANCE MEASUREMENT (CIPM), AND THE CERTIFICATE IN ESG INVESTING AND ALSO PROVIDES PROFESSIONAL LEARNING COURSES. EXAMINATION PROGRAMS ARE CONDUCTED WORLDWIDE ALONG WITH RESEARCH, PROFESSIONAL DEVELOPMENT PROGRAMS AND PROFESSIONAL CONDUCT ENFORCEMENT FOR ITS INDIVIDUAL MEMBERS. THE ORGANIZATION SETS VOLUNTARY, ETHICS-BASED PROFESSIONAL AND PERFORMANCE-REPORTING STANDARDS FOR THE INVESTMENT PROFESSION. THE STATED MISSION OF THE ORGANIZATION IS TO LEAD THE INVESTMENT PROFESSION GLOBALLY BY PROMOTING THE HIGHEST STANDARDS OF ETHICS, EDUCATION, AND PROFESSIONAL EXCELLENCE FOR THE ULTIMATE BENEFIT OF SOCIETY. CFA INSTITUTE PURSUES THIS MISSION ON BEHALF OF ITS INDIVIDUAL MEMBERS WHO CURRENTLY NUMBER 205,957 IN 169 MARKETS. CFA INSTITUTE'S MEMBERSHIP INCLUDES 199,799 CFA CHARTERHOLDERS AND EXTENDS ITS REACH INTO LOCAL COMMUNITIES THROUGH A NETWORK OF 160 MEMBER SOCIETIES IN 82 MARKETS. CFA INSTITUTE IS HEADQUARTERED IN CHARLOTTESVILLE, VIRGINIA, UNITED STATES, WITH BRANCH OFFICES IN LONDON, BRUSSELS, HONG KONG, NEW YORK, AND WASHINGTON D.C. AND SUBSIDIARY OFFICES IN BEIJING, HONG KONG, MUMBAI, SHANGHAI, SINGAPORE AND ABU DHABI. MORE INFORMATION ON THE ORGANIZATION CAN BE FOUND AT WWW.CFAINSTITUTE.ORG. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE FOUR CLASSES OF MEMBERSHIP IN CFA INSTITUTE ARE REGULAR, AFFILIATE, CHARTER-HOLDER MEMBERS AND MEMBER SOCIETIES. REGULAR MEMBERS ARE ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED AT MEMBER MEETINGS. |
| FORM 990, PART VI, SECTION A, LINE 7A | REGULAR MEMBERS HAVE ONE VOTE PER EACH MATTER SUBMITTED INCLUDING THE RIGHT TO ELECT THE OFFICERS (CHAIR AND VICE CHAIR) AND MEMBERS OF THE CFA INSTITUTE BOARD OF GOVERNORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS PRESENTED TO THE AUDIT AND FINANCE COMMITTEE AND DISCUSSED IN DETAIL. IN ADDITION, COPIES ARE PROVIDED TO EACH OF THE BOARD OF GOVERNORS. THESE PRESENTATIONS TAKE PLACE PRIOR TO FILING THE FORM 990 WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST STATEMENTS ARE COLLECTED ANNUALLY. EMPLOYEE AND BOARD OF GOVERNORS' DISCLOSURES ARE DIRECTED TO THE CHIEF COMPLIANCE OFFICER. THE CONFLICT OF INTEREST POLICY PROVIDES VARIOUS AVENUES FOR REPORTING, INCLUDING ANYONE WISHING TO ESCALATE CONCERNS DIRECTLY TO THE RISK COMMITTEE CHAIR. COMPLIANCE TRAINING ON THE CODE OF CONDUCT, INCLUDING ON CONFLICTS OF INTEREST, IS REQUIRED FOR ALL NEW EMPLOYEES AND ONGOING ANNUALLY. ALL EMPLOYEES ACKNOWLEDGE THEIR UNDERSTANDING AND ADHERENCE TO POLICY WITHIN THE CODE OF CONDUCT ANNUALLY. THE RESTRICTIONS IMPOSED ON A PERSON WITH A CONFLICT VARY BASED ON THE NATURE OF THE CONFLICT AND THE SITUATION; HOWEVER, RESOLUTION OF A CONFLICT COULD INCLUDE PROHIBITING A BOARD MEMBER FROM PARTICIPATING IN A PARTICULAR DELIBERATION AND/OR DECISION. |
| FORM 990, PART VI, SECTION B, LINE 15 | TO ENSURE ONGOING AND EFFECTIVE CORPORATE GOVERNANCE, THE BOARD OF GOVERNORS UTILIZES A COMMITTEE - THE PEOPLE AND CULTURE (PAC) COMMITTEE - COMPRISED OF THREE GOVERNORS WHO ARE INDEPENDENT OF MANAGEMENT OF CFA INSTITUTE AND ARE FREE OF ANY RELATIONSHIP THAT WOULD INTERFERE WITH THEIR EXERCISE OF INDEPENDENT JUDGMENT. THE PAC COMMITTEE SETS THE COMPENSATION OF THE CEO, INCLUDING ANY INCENTIVE, AND ENGAGES INDEPENDENT CONSULTANTS AS NEEDED TO PROVIDE COMPENSATION RECOMMENDATIONS. THE COMMITTEE ENSURES THAT INDEPENDENT COMPARATIVE COMPENSATION STUDIES ARE CONDUCTED ON AN BIENNIAL BASIS TO GAUGE THE COMPETITIVENESS OF EXECUTIVE COMPENSATION AT CFA INSTITUTE. THE MOST RECENT EXECUTIVE MARKET STUDY WAS CONDUCTED IN FY2023, WHEN CFA INSTITUTE RETAINED A GLOBAL MANAGEMENT CONSULTING FIRM TO PROVIDE COMPETITIVE PAY BENCHMARKS THAT REFLECT THE MARKETS FROM WHICH CFA INSTITUTE WOULD MOST LIKELY RECRUIT EXECUTIVE TALENT. PEER GROUP SELECTION SPANNED DIFFERENT INDUSTRY SECTORS, INCLUDING NOT-FOR-PROFIT AND FINANCIAL SERVICES FIRMS, AND GENERAL INDUSTRY. THE NOT-FOR-PROFIT PEER GROUP SELECTION WAS BASED ON CRITERIA THAT INCLUDED MISSION, REVENUE, HEADCOUNT AND GLOBAL PRESENCE. PAY DATA WAS COLLECTED FROM PUBLICLY DISCLOSED IRS FORM 990S. DATA FOR THE OTHER INDUSTRY SECTORS WAS SOURCED USING BOTH THIRD-PARTY SURVEY DATA AND INFORMATION DISCLOSED ON PUBLIC FILINGS. THE CONSULTING FIRM PERFORMED THIS STUDY ON AN INDEPENDENT FEE BASIS. ADDITIONALLY, THE CFA INSTITUTE PAC COMMITTEE ALSO ENGAGES INDEPENDENT ADVISORS TO HELP INTERPRET HOW THE REPORTED MARKET DATA APPLIES TO CFA INSTITUTE'S EXECUTIVE POSITIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC THROUGH THE ORGANIZATION'S WEBSITE, WWW.CFAINSTITUTE.ORG. |
| FORM 990, PART XI, LINE 9: | FAILED SALE LEASEBACK ADJUSTMENT 3,994,253. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (6 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Province Or StateForeignAddress/ProvinceOrStateNm | Foreign PostalForeignAddress/ForeignPostalCd | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Legal Domicile StateLegalDomicileStateCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CFA INSTITUTE CHINA LIMITED | |||||||||||||||
| 27/F HENLEY BUILDING 5 QUEENS ROA | HONG KONG | HK | 980615079 | PROF. ORG | HK | $166,031 | $1,417,555 | CFA INSTITUTE | |||||||
| CFA INSTITUTE INDIA PRIVATE LTD | |||||||||||||||
| 702 7TH FLOOR ONE BKC TOWER G BL | MUMBAI | IN | 981196398 | PROF. ORG | IN | $2,940,590 | $3,744,888 | CFA INSTITUTE | MAHARASHTRA | 400051 | |||||
| CFA GLOBAL HOLDINGS LLC | |||||||||||||||
| 471269465 | HOLDINGS | $0 | $0 | CFA INSTITUTE | 915 EAST HIGH STREET | CHARLOTTESVILLE | VA | 22902 | VA | ||||||
| SI WEI BEIJING ENTERPRISE MGMT | |||||||||||||||
| FL 55 UNITS 01 11B 12 CHINA WOR | BEIJING | CH | 981228213 | PROF. ORG | CH | $5,137,784 | $6,651,472 | CFA INSTITUTE CHINA LIMITED | 100004 | ||||||
| CFA INSTITUTE SINGAPORE PVT LTD | |||||||||||||||
| 30 RAFFLES PL 23-01 | SINGAPORE | SN | 981261400 | PROF. ORG | SN | $38,890 | $544,303 | CFA INSTITUTE | 048622 | ||||||
| CFA INSTITUTE LTD | |||||||||||||||
| PART OF FL 7 AL MAQAM TOWER | ADGM SQUARE | AE | 981442588 | PROF. ORG | AE | $1,125,869 | $1,483,428 | CFA INSTITUTE | |||||||
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CFA INSTITUTE RESEARCH FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 EAST HIGH STREET | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 546063408 | EIN |
| Primary Activities | INV.RESEARCH | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Exempt Code Section | 501 (C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CFA INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CVILLE OPERATIONS HOLDINGS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 EAST HIGH STREET | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455449709 | EIN |
| Primary Activities | REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CFA INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $3,225,270 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $44,438,921 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CVILLE OPERATIONS HOLDINGS INC | ||
| B | $1,000,000 | FAIR MARKET VALUE |
| CFA INSTITUTE RESEARCH FOUNDATION | ||
| O | $600,200 | HISTORICAL COST |
| CFA INSTITUTE RESEARCH FOUNDATION | ||
| B | $176,441 | FAIR MARKET VALUE |
Comments