INSTITUTE OF INTERNATIONAL FINANCE INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- INSTITUTE OF INTERNATIONAL FINANCE INC (EIN 52-1289843)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-07-28
- IRS object ID
- 202532099349300018
- Schema version
- 2024v5.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-28T12:25:06+00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135381590 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DR STE 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 221023599 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521289843 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSTITUTE OF INTERNATIONAL FINANCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INST | BusinessNameControlTxt |
| Phone | 2028573600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1333 H St NW 1010E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Timothy D Adams | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 2028573600 | PhoneNum |
| Signature | 2025-07-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TODD TERESCO | PreparerPersonNm |
| PTIN | P00247720 | PTIN |
| Phone | 7038930600 | PhoneNum |
| Preparation | 2025-07-28 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIMOTHY D ADAMS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1333 H St NW 1010E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $46,707,199 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.IIF.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | TO SUPPORT FINANCIAL INDUSTRY IN PRUDENTLY MANAGING RISKS AND TO FOSTER GLOBAL FINANCIAL STABILITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 48 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 47 | VotingMembersIndependentCnt |
| Total Employee | 76 | TotalEmployeeCnt |
| Total Volunteers | 47 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $250,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $68,503 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $32,685,178 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $32,752,586 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,757,909 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,308,172 | CYInvestmentIncomeAmt |
| PY Other Revenue | $92,142 | PYOtherRevenueAmt |
| CY Other Revenue | $39,642 | CYOtherRevenueAmt |
| PY Total Revenue | $34,785,229 | PYTotalRevenueAmt |
| CY Total Revenue | $34,168,903 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $23,388,790 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,932,998 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,342,999 | PYOtherExpensesAmt |
| CY Other Expenses | $12,095,493 | CYOtherExpensesAmt |
| PY Total Expenses | $33,731,789 | PYTotalExpensesAmt |
| CY Total Expenses | $35,028,491 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,053,440 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$859,588 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $40,901,723 | TotalAssetsBOYAmt |
| Total Assets EOY | $61,094,562 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $12,307,885 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $32,089,811 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $28,593,838 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $29,004,751 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | ECONOMIC RESEARCH. IIF'S ECONOMIC RESEARCH DEPARTMENT CONTINUES TO LEAD IN THE FIELD OF MACROECONOMIC RESEARCH FOR EMERGING MARKETS. OUR PRIMARY PUBLICATION, GLOBAL MACRO VIEWS, ALONG WITH REPORTS SPECIFIC TO INDIVIDUAL COUNTRIES, HAVE CENTERED ON IMPORTANT THEMES WITHIN THE BACKDROP OF THE PERSISTENT GLOBAL GEOPOLITICAL UNCERTAINTY. OUR REPORTS IN 2024 HELPED TO IDENTIFY, ASSESS AND RECALIBRATE GLOBAL RISKS FROM TRADE TENSIONS, MILITARY CONFLICTS, FINANCIAL SANCTIONS, ECONOMIC FRAGMENTATION AND RISING DEBT LEVELS, ALL SET AGAINST A BACKDROP OF AN UNUSUALLY LARGE NUMBER OF CONSEQUENTIAL POLITICAL ELECTIONS OCCURRING THIS YEAR. THE TEAM CONTINUED TO WORK ON PAPERS THAT REFLECTED THESE GEOPOLITICAL UNCERTAINTIES, SUCH AS THE CRISIS IN THE MIDDLE EAST; ECONOMIC DEVELOPMENTS IN COUNTRIES GOING THROUGH SIGNIFICANT ELECTIONS, SUCH AS MEXICO; AND ON CHINA'S MONETARY AND FISCAL STIMULUS LAID OUT IN SEPTEMBER AND OCTOBER. A RECORD NUMBER OF MEMBERS ALSO JOINED OUR ECONOMIC RESEARCH TEAM ON IIF-LED INVESTOR TRIPS IN VARIOUS REGIONS, INCLUDING TO BRAZIL, CHINA, EGYPT, AND EASTERN EUROPE. THE IIF ALSO REMAINED COMMITTED TO HIGHLIGHTING DEBT-RELATED VULNERABILITIES ACROSS MATURE AND EMERGING MARKETS VIA ITS FLAGSHIP GLOBAL DEBT MONITOR AND THEMATIC REPORTS. AS A KEY PRIVATE SECTOR REPRESENTATIVE TO THE IMF'S GLOBAL SOVEREIGN DEBT ROUNDTABLE (GSDR), THE IIF WILL CONTINUE TO SHARE DEVELOPMENTS WITH OUR MEMBERS, MORE IMPORTANT NOW THAN EVER AS THE USE OF THE COMMON FRAMEWORK IS TESTED AND CHALLENGED. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REGULATORY AFFAIRS. AS REGULATORS CONTINUE TO REVIEW AND REVISE POLICIES, WE HAVE ENGAGED AND RESPONDED TO KEY CONSULTATIONS ACROSS JURISDICTIONS, ENSURING POLICIES PROMOTE EFFICIENT CAPITAL MARKETS AND THE MOBILIZATION OF INVESTMENT AND SAVINGS FOR THE BENEFIT OF LOCAL ECONOMIES. REGARDING PRUDENTIAL REGULATION AND FRAGMENTATION, THE IIF CONTINUED TO AGGRESSIVELY ADVOCATE FOR AN EFFICIENT, INTERNATIONALLY ALIGNED REGULATORY FRAMEWORK FROM A PRO-GROWTH PERSPECTIVE. WE HAVE ADVOCATED AGAINST THE VIEW THAT "MORE CAPITAL" IS ALWAYS BETTER AND AGAINST EXCESSIVELY ONEROUS SUPERVISORY PRACTICES THAT ARE STIFLING AND UNPREDICTABLE. THE IIF CONTINUED TO FOCUS ON HOW MITIGATE THE RISK OF FRAGMENTATION AS DIFFERING APPROACHES FROM SUPERVISORS TO CAPITAL AND LIQUIDITY REMAIN A KEY CONCERN. GOING FORWARD, THE IIF WILL NEED TO FOCUS ON THE BASEL III ENDGAME, A LEVEL PLAYING FIELD AND ON THE FUTURE OF GLOBAL STANDARD SETTING MORE BROADLY. REGARDING INSURANCE ISSUES, WE CONTINUED TO STRIVE FOR EFFICIENT AND PRAGMATIC CAPITAL REGULATION AND AVOIDING MISGUIDED APPROACHES TO SYSTEMIC RISK IN THE INSURANCE SECTOR. WE HAVE ALSO REINFORCED OUR ADVOCACY IN EMERGING AREAS, INCLUDING THE USE OF AI, CYBER AND OPERATIONAL RESILIENCE. FINALLY, WE CLOSELY WATCHED BOTH THE STRUCTURAL SHIFTS IN THE INSURANCE BUSINESS MODEL, INCLUDING PRIVATE EQUITY OWNED OR INFLUENCED INSURERS AND OFFSHORE ARRANGEMENTS, AND THE RESULTING REGULATORY RESPONSE. REGARDING NON-BANK FINANCIAL INTERMEDIATION (NBFI), WE RESPONDED TO MEMBER CONCERNS ABOUT POTENTIAL COMPETITIVE INEQUALITIES VIS-A-VIS NON-BANK PLAYERS AND HAD HAD AN ACTIVE YEAR ENGAGING WITH EXPERTS AND POLICY MAKERS TO GATHER EVIDENCE AND CONDUCT ANALYSIS OF POTENTIAL SYSTEMIC RISKS. REGARDING CYBER SECURITY, RESILIENCE AND THIRD-PARTY RISK, WE CONTINUED ADVOCATING FOR PRAGMATIC AND EFFECTIVE GLOBAL STANDARDS REGARDING CYBER RISK MANAGEMENT, THIRD PARTY RISKS AND THE DEVELOPMENT OF OPERATIONAL RESILIENCE PRINCIPLES FOR THE FINANCIAL SECTOR. THE IIF HAS SUPPORTED EFFORTS TO REDUCE FRAGMENTATION, INCLUDING IN THE AREA OF CYBER INCIDENT REPORTING. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SUSTAINABLE FINANCE. IN 2024, OUR FOCUS ON SUSTAINABLE FINANCE CONTINUED TO UNDERSCORE THAT THE FINANCIAL SECTOR CAN ENABLE-BUT NOT DRIVE- THE NET-ZERO TRANSITION, THAT BEING THE ROLE OF POLICYMAKERS. TO THAT END, IIF PUBLISHED "RESETTING THE DEBATE ON THE ROLE OF PRIVATE FINANCE IN THE NET-ZERO TRANSITION" TO ENGAGE REGULATORS AND SUPERVISORS GLOBALLY TO REFRAME THE ROLE OF THE FINANCIAL SECTOR IN THE NET-ZERO TRANSITION. WE HAVE SUPPORTED OUR MEMBERS IN THIS ENABLING ROLE- HOLDING 8 TRANSITION FINANCE WORKSHOPS GLOBALLY, FROM SAO PAOLO AND NEW YORK TO SINGAPORE AND KUALA LUMPUR, ENGAGING MORE THAN 400 PARTICIPANTS. OUR 2024 SUSTAINABLE FINANCE ROUNDTABLES AND FORA ALONE WELCOMED MORE THAN 700 PARTICIPANTS. IN 2025, WE WILL AMPLIFY OUR SUSTAINABLE FINANCE ADVOCACY IN EUROPE FOR A MORE PRAGMATIC EU SUSTAINABLE FINANCE AGENDA THAT SUPPORTS GROWTH AND COMPETITIVENESS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)
| DescDesc |
|---|
| DIGITAL FINANCE. ON DIGITAL FINANCE ISSUES, THE IIF BEGAN PARTNERING WITH THE BIS ON PROJECT AGORA, A GLOBAL EXPLORATION OF HOW TOKENIZATION CAN ENHANCE THE FUNCTIONING OF WHOLESALE CROSS-BORDER PAYMENTS. THIS EFFORT IS PART OF OUR BROADER WORK ON PAYMENTS, INCLUDING WITH THE FSB AND THE G20. WE CONTINUED TO ADVOCATE FOR A MORE PRAGMATIC APPROACH TO DIGITAL ASSETS, AND TO RAISE RISKS IN RETAIL CBDC PROJECTS. THE IIF HAS ESTABLISHED ITSELF AS THE LEADING INDUSTRY PARTNER INFORMING POLICYMAKER EFFORTS AS THEY PURSUE NEW PLATFORMS FOR TOKENIZED DEPOSITS, TOKENIZED ASSETS, AND NEW GLOBAL STANDARDS FOR DIGITAL ASSETS. RECOGNIZING THE POTENTIAL TRANSFORMATIVE IMPACT OF AI AND NEW TECHNOLOGIES, THIS YEAR, THE IIF LAUNCHED THE AI/ML EXPERTS GROUP TO ENGAGE INDUSTRY LEADERS AND INCREASED OUR FOCUS ON QUANTUM PREPAREDNESS. |
| GLOBAL EVENTS. IN ADDITION TO ROUNDTABLES AND THEMATIC CONVERSATIONS THAT COVER THE ABOVE TOPICS, THE IIF'S 2024 FLAGSHIP EVENTS INCLUDED THE GLOBAL OUTLOOK FORUM DURING SPRING MEETINGS WEEK IN WASHINGTON, DC, IN APRIL AND REGIONAL EVENTS, SUCH ARE OUR EUROPEAN SUMMIT IN PARIS AND CANADA FORUM IN TORONTO. OUR ANNUAL MEMBERSHIP MEETING RETURNED IN FULL FORCE TO WASHINGTON, DC, WITH 1,275 ATTENDEES, 66 SESSIONS AND NEARLY 200 SPEAKERS, REINFORCING IIF'S FORWARD-LOOKING COMMITMENT TO ADDRESSING THE INDUSTRY'S MOST RELEVANT CHALLENGES. OVER THE COURSE OF THE YEAR, OUR MEMBERS CONTINUED TO BE ENTHUSIASTIC (~8,000 ATTENDEES) AND WIDESPREAD (REPRESENTING ~100 COUNTRIES)-WE EXPECT THIS TURNOUT OUT TO BE EVEN GREATER AS WE CLOSE OUT THE YEAR. WE REMAIN FOCUSED ON THE IMPORTANCE OF SHOWCASING DIVERSE VOICES. OUR ~1,000 SPEAKERS MADE MORE THAN 100 EVENTS A ROBUST SHOWCASE OF PUBLIC SECTOR SENIOR OFFICIALS AND OUR MEMBERS' THOUGHT LEADERS. GOING INTO 2025, WE WILL CONTINUE TO HOLD REGIONAL EVENTS, WITH AN AUSTRALIA FORUM AND EUROPEAN SUMMIT IN MARCH, ALONGSIDE OUR FLAGSHIP ANNUAL MEMBERSHIP MEETING IN WASHINGTON, DC. |
| MEMBER SERVICES. WE HAVE PUT MEMBER KEY CONCERNS AND TOPICS OF INTEREST AS CENTRAL TO OUR MEDIA AND EVENTS. AS A RESULT, IIF CONTENT HAS GARNERED MORE THAN 16,000 MEDIA MENTIONS, WITH MORE THAN 5,000 MENTIONS THAT INCLUDED GROWTH AND COMPETITIVENESS. WE EXPECT EVEN MORE AS WE CLOSE OUT THE YEAR. OUR ANNUAL MEMBERSHIP MEETING IN OCTOBER GARNERED 1,300 ARTICLE MENTIONS ALONE, WITH MORE THAN 50 IN TOP-TIER PUBLICATIONS. IIF CONTINUES TO LEAD ITS PEER ORGANIZATIONS IN TOP-TIER MEDIA COVERAGE, EARNING NEARLY A THIRD OF COVERAGE. ORGANIC SOCIAL MEDIA ENGAGEMENT HAS INCREASED MORE THAN 400% AND WE CONTINUE TO GROW PRESENCE AND SHARE OF VOICE VIA PODCASTS, AND ON SOCIAL MEDIA, WITH ~400K (AND COUNTING) IMPRESSIONS ACROSS X AND LINKEDIN.THE FUTURE LEADERS GROUP CONTINUES TO RECOGNIZE EMERGING LEADERS OF THE FINANCIAL INDUSTRY. THE CLASS OF 2024 CONSISTED OF 60 PARTICIPANTS FROM 58 INSTITUTIONS REPRESENTING 26 COUNTRIES. DURING THE EUROPEAN SUMMIT IN PARIS AND ALONGSIDE THE AMM IN WASHINGTON, THE CLASS WAS INTRODUCED TO C-SUITE SPEAKERS AND POLICYMAKERS, DISCUSSING TOPICS RANGING FROM FINANCIAL STABILITY TO NATURE-RELATED FINANCIAL RISK AND THE IMPACT OF GENERATIVE AI. WE HAVE HAD ROBUST INTEREST IN THE CLASS FOR 2025 AND WILL WELCOME A CLASS OF 65 AT THE BEGINNING OF THE NEW YEAR, OUR LARGEST CLASS TO DATE. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 34 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 76 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | SN | ForeignCountryCd |
| Foreign Country | CH | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 48 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 47 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Policies Reference Chapters | false | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARRIE ORELLANA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2028573316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1333 H STREET NW 1010E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (69 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 |
|---|---|---|---|---|---|---|---|---|---|
| Ana Botin | |||||||||
| Chairman | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Michel M Lies | |||||||||
| Vice Chairman | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Piyush Gupta | |||||||||
| Vice Chairman (THRU 10/24) | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Sim Tshabalala | |||||||||
| Vice Chair. and Treas. | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Timothy Adams | |||||||||
| President/CEO | 40.0 | 0.0 | Yes (X) | Yes (X) | $2,940,000 | $0 | $57,099 | ||
| Abdulaziz Al-Helaissi | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Abdulla Al-Khalifa | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Akihiro Fukutome | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Anne Richards | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bettina Orlopp | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| C S Venkatakrishnan | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Carlos Torres-Vila | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Cezary Stypulkowski | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Charles Scharf | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Christian Sewing | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Daniel Pinto | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| David McKay | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Douglas Flint | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Edward Pick | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Hana Al-Rostamani | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Helen Wong | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Howard Davies | |||||||||
| Board Director (THRU 07/24) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jacques de Vaucleroy | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jean Lemierre | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jessica Tan | |||||||||
| Board Director (THRU 01/24) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Johan Torgeby | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JOHN DUGAN | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| John Waldron | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jose Vinals | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Juan Carlos Mora Urib | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kanetsugu Mike | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Karl Guha | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Manfred Knof | |||||||||
| Vice Chairman (THRU 10/24) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mark Tucker | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Masahiro Kihara | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Milton Filho Maluhy | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Olaug Svarva | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Oliver Bate | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Peter Bosek | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Peter King | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Pietro Carlo Padoan | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Rick Haythomthwaite | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Robin Vince | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ronald O'Hanley | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Saeed Al-Ghamdi | |||||||||
| Board Director (THRU 07/24) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Sergio Ermotti | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Shemara Wikramanayake | |||||||||
| Board Director (THRU 02/24) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Shriti Vadera | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Siqing Chen | |||||||||
| Board Director (THRU 02/24) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Slawomir Krupa | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Su Shan Tan | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Suzan Sabanci | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Tareq Al-Sadhan | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Tetsuo Ohkubo | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Thomas Buberl | |||||||||
| Board Director | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Willibald Cernko | |||||||||
| Board Director (THRU 07/24) | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Elizabeth Roberts | |||||||||
| General Counsel | 40.0 | 0.0 | Yes (X) | $564,642 | $0 | $34,500 | |||
| Andres Portilla | |||||||||
| Managing Director | 40.0 | 0.0 | $882,721 | $0 | $57,005 | Yes (X) | |||
| Barrie Orellana | |||||||||
| Managing Director | 40.0 | 0.0 | $554,769 | $0 | $57,099 | Yes (X) | |||
| Christopher Fulghum | |||||||||
| Managing Director | 40.0 | 0.0 | $548,401 | $0 | $57,099 | Yes (X) | |||
| Clay Lowery | |||||||||
| Executive VP | 40.0 | 0.0 | $1,164,759 | $0 | $57,099 | Yes (X) | |||
| Jessica Renier | |||||||||
| Managing Director | 40.0 | 0.0 | $706,123 | $0 | $43,072 | Yes (X) | |||
| Marcello Estevao | |||||||||
| Managing Director (THRU 12/24) | 40.0 | 0.0 | $309,375 | $0 | $27,188 | Yes (X) | |||
| Sonja Gibbs | |||||||||
| Managing Director | 40.0 | 0.0 | $730,027 | $0 | $34,751 | Yes (X) | |||
| Emre Tiftik | |||||||||
| Director | 40.0 | 0.0 | $444,194 | $0 | $34,500 | Yes (X) | |||
| Garbis Iradian | |||||||||
| Chief Economist MENA | 40.0 | 0.0 | $447,758 | $0 | $34,500 | Yes (X) | |||
| Martin Boer | |||||||||
| Senior Director | 40.0 | 0.0 | $571,921 | $0 | $56,848 | Yes (X) | |||
| Mary Frances Monroe | |||||||||
| Director | 40.0 | 0.0 | $518,953 | $0 | $35,424 | Yes (X) | |||
| Richard Gray | |||||||||
| Director | 40.0 | 0.0 | $499,388 | $0 | $52,858 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $10,883,031 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $639,042 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | 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 | Address Line2ContractorAddress/ForeignAddress/AddressLine2Txt | Province Or StateContractorAddress/ForeignAddress/ProvinceOrStateNm |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ernst and Young LLP | |||||||||||
| 200 Plaza Dr 1st Floor | Secaucus | NJ | 07094 | Program Services Consultant | $1,060,000 | ||||||
| Wolfgang Engel | |||||||||||
| Program Services Consultant | $487,704 | Reisberferweg 7 83700 | RottachEgern | GM | 83700 | ||||||
| Greystroke SRLBV | |||||||||||
| Program Services Consultant | $469,446 | RUE Francois Stroobant 36 | BE | B-1050 Ixelles | Brussels | ||||||
| Jeremy McDaniels | |||||||||||
| Program Services Consultant | $307,026 | 14 Ungarnsgade | DA | 2300 | 5 Sal | Copenhagen | |||||
| Laurence F White | |||||||||||
| Program Services Consultant | $131,978 | 105 McConnell Street | Kensington | AS | VIC3031 | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $18,503 | GovernmentGrantsAmt |
| All Other Contributions | $50,000 | AllOtherContributionsAmt |
| Total Contributions | $68,503 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| MEMBERSHIP DUES | 900099 | $29,554,397 | $29,554,397 | |
| SPONSORSHIP INCOME | 900099 | $1,183,606 | $1,183,606 | |
| PROGRAM & SERVICE FEES | 900099 | $1,584,765 | $1,584,765 | |
| REGISTRATION FEE INCOME | 900099 | $429,818 | $429,818 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $32,752,586 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,497,503 | TotalRevenueColumnAmt |
| Exclusion | $1,497,503 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,348,965 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,538,296 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$189,331 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$189,331 | TotalRevenueColumnAmt |
| Exclusion | -$189,331 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $39,642 | TotalRevenueColumnAmt |
| Exclusion | $39,642 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $39,642 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,168,903 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,568,980 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,531,420 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,825,731 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,278,546 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $922,660 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $969,778 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $936,283 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $292,168 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,608 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,410 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,622,180 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,695 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $348,356 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $232,319 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,448,723 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,825,151 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,391,761 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,802 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| SUBSCRIPTIONS/ BOOKS | $730,559 |
| TAXES AND FEES | $411,044 |
| STAFF DEVELOPMENT | $121,778 |
| BAD DEBT EXPENSE | $1,939 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,028,491 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,731 | BOYAmt |
| EOY | -$38,249 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,438,588 | BOYAmt |
| EOY | $17,310,857 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $796,578 | BOYAmt |
| EOY | $433,501 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $663,493 | BOYAmt |
| EOY | $688,660 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,163,629 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,394,492 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $825,956 | BOYAmt |
| EOY | $6,769,137 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,723,046 | BOYAmt |
| EOY | $24,405,774 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,331,331 | BOYAmt |
| EOY | $11,524,882 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,901,723 | BOYAmt |
| EOY | $61,094,562 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,168,766 | BOYAmt |
| EOY | $1,229,602 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,536,199 | BOYAmt |
| EOY | $12,644,619 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,602,920 | BOYAmt |
| EOY | $18,215,590 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,307,885 | BOYAmt |
| EOY | $32,089,811 | 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 | $28,593,838 | BOYAmt |
| EOY | $29,004,751 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,593,838 | BOYAmt |
| EOY | $29,004,751 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,901,723 | BOYAmt |
| EOY | $61,094,562 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$859,588 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,270,501 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (true) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,335,441 | OtherCostOrOtherBasisAmt |
| Depreciation | $555,194 | DepreciationAmt |
| Book Value | $5,780,247 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,479,408 | OtherCostOrOtherBasisAmt |
| Depreciation | $493,712 | DepreciationAmt |
| Book Value | $985,696 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $348,780 | OtherCostOrOtherBasisAmt |
| Depreciation | $345,586 | DepreciationAmt |
| Book Value | $3,194 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,769,137 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Security Deposits | $268,727 |
| Right of Use Assets | $11,256,155 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $11,524,882 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal Income Taxes | |
| OPERATING LEASE LIABILITY | $18,215,590 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $18,215,590 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $0 | RevenueSubtotalAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $0 | TotalRevenuePerForm990Amt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $0 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $0 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | FormAndLineReferenceDesc |
| Explanation | THE INSTITUTE FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN FASB ASC TOPIC 740, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE INSTITUTE EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. IT IS THE INSTITUTE'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAINTY IN INCOME TAXES, IF ANY, IN INCOME TAX OR INTEREST EXPENSE. AS OF DECEMBER 31, 2024 AND 2023, THE INSTITUTE HAD NO ACCRUAL FOR INTEREST AND/OR PENALTIES. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 1 | 1 | Program Services | Member outreach | $534,047 |
| East Asia and the Pacific | 2 | 4 | Program Services | Member outreach | $1,854,527 |
| Middle East and North Africa | 1 | 2 | Program Services | Member outreach | $835,742 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 4 | SubtotalOfficesCnt |
| Subtotal Employees | 7 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 4 | TotalOfficeCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Subtotal Spent | $3,224,316 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $3,224,316 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Timothy Adams | ||||||||||||||
| President/CEO | $1,450,000 | $0 | $1,485,000 | $0 | $5,000 | $0 | $34,500 | $0 | $22,599 | $0 | $2,997,099 | $0 | $0 | $0 |
| Elizabeth Roberts | ||||||||||||||
| General Counsel | $360,362 | $0 | $198,199 | $0 | $6,081 | $0 | $34,500 | $0 | $0 | $0 | $599,142 | $0 | $0 | $0 |
| Clay Lowery | ||||||||||||||
| Executive VP | $554,403 | $0 | $609,843 | $0 | $513 | $0 | $34,500 | $0 | $22,599 | $0 | $1,221,858 | $0 | $0 | $0 |
| Andres Portilla | ||||||||||||||
| Managing Director | $464,590 | $0 | $418,131 | $0 | $0 | $0 | $34,500 | $0 | $22,505 | $0 | $939,726 | $0 | $0 | $0 |
| Sonja Gibbs | ||||||||||||||
| Managing Director | $380,375 | $0 | $342,337 | $0 | $7,315 | $0 | $34,500 | $0 | $251 | $0 | $764,778 | $0 | $0 | $0 |
| Jessica Renier | ||||||||||||||
| Managing Director | $367,920 | $0 | $331,128 | $0 | $7,075 | $0 | $34,500 | $0 | $8,572 | $0 | $749,195 | $0 | $0 | $0 |
| Marcello Estevao | ||||||||||||||
| Managing Director (THRU 12/24) | $187,500 | $0 | $121,875 | $0 | $0 | $0 | $27,188 | $0 | $0 | $0 | $336,563 | $0 | $0 | $0 |
| Barrie Orellana | ||||||||||||||
| Managing Director | $289,058 | $0 | $260,152 | $0 | $5,559 | $0 | $34,500 | $0 | $22,599 | $0 | $611,868 | $0 | $0 | $0 |
| Christopher Fulghum | ||||||||||||||
| Managing Director | $302,819 | $0 | $242,256 | $0 | $3,326 | $0 | $34,500 | $0 | $22,599 | $0 | $605,500 | $0 | $0 | $0 |
| Martin Boer | ||||||||||||||
| Senior Director | $317,770 | $0 | $244,683 | $0 | $9,468 | $0 | $34,500 | $0 | $22,348 | $0 | $628,769 | $0 | $0 | $0 |
| Richard Gray | ||||||||||||||
| Director | $296,972 | $0 | $193,032 | $0 | $9,384 | $0 | $34,500 | $0 | $18,358 | $0 | $552,246 | $0 | $0 | $0 |
| Mary Frances Monroe | ||||||||||||||
| Director | $316,583 | $0 | $196,282 | $0 | $6,088 | $0 | $34,500 | $0 | $924 | $0 | $554,377 | $0 | $0 | $0 |
| Garbis Iradian | ||||||||||||||
| Chief Economist MENA | $287,024 | $0 | $160,734 | $0 | $0 | $0 | $34,500 | $0 | $0 | $0 | $482,258 | $0 | $0 | $0 |
| Emre Tiftik | ||||||||||||||
| Director | $270,977 | $0 | $168,006 | $0 | $5,211 | $0 | $34,500 | $0 | $0 | $0 | $478,694 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ including grants of $) DIGITAL FINANCE. ON DIGITAL FINANCE ISSUES, THE IIF BEGAN PARTNERING WITH THE BIS ON PROJECT AGORA, A GLOBAL EXPLORATION OF HOW TOKENIZATION CAN ENHANCE THE FUNCTIONING OF WHOLESALE CROSS-BORDER PAYMENTS. THIS EFFORT IS PART OF OUR BROADER WORK ON PAYMENTS, INCLUDING WITH THE FSB AND THE G20. WE CONTINUED TO ADVOCATE FOR A MORE PRAGMATIC APPROACH TO DIGITAL ASSETS, AND TO RAISE RISKS IN RETAIL CBDC PROJECTS. THE IIF HAS ESTABLISHED ITSELF AS THE LEADING INDUSTRY PARTNER INFORMING POLICYMAKER EFFORTS AS THEY PURSUE NEW PLATFORMS FOR TOKENIZED DEPOSITS, TOKENIZED ASSETS, AND NEW GLOBAL STANDARDS FOR DIGITAL ASSETS. RECOGNIZING THE POTENTIAL TRANSFORMATIVE IMPACT OF AI AND NEW TECHNOLOGIES, THIS YEAR, THE IIF LAUNCHED THE AI/ML EXPERTS GROUP TO ENGAGE INDUSTRY LEADERS AND INCREASED OUR FOCUS ON QUANTUM PREPAREDNESS. |
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ including grants of $) GLOBAL EVENTS. IN ADDITION TO ROUNDTABLES AND THEMATIC CONVERSATIONS THAT COVER THE ABOVE TOPICS, THE IIF'S 2024 FLAGSHIP EVENTS INCLUDED THE GLOBAL OUTLOOK FORUM DURING SPRING MEETINGS WEEK IN WASHINGTON, DC, IN APRIL AND REGIONAL EVENTS, SUCH ARE OUR EUROPEAN SUMMIT IN PARIS AND CANADA FORUM IN TORONTO. OUR ANNUAL MEMBERSHIP MEETING RETURNED IN FULL FORCE TO WASHINGTON, DC, WITH 1,275 ATTENDEES, 66 SESSIONS AND NEARLY 200 SPEAKERS, REINFORCING IIF'S FORWARD-LOOKING COMMITMENT TO ADDRESSING THE INDUSTRY'S MOST RELEVANT CHALLENGES. OVER THE COURSE OF THE YEAR, OUR MEMBERS CONTINUED TO BE ENTHUSIASTIC (~8,000 ATTENDEES) AND WIDESPREAD (REPRESENTING ~100 COUNTRIES)-WE EXPECT THIS TURNOUT OUT TO BE EVEN GREATER AS WE CLOSE OUT THE YEAR. WE REMAIN FOCUSED ON THE IMPORTANCE OF SHOWCASING DIVERSE VOICES. OUR ~1,000 SPEAKERS MADE MORE THAN 100 EVENTS A ROBUST SHOWCASE OF PUBLIC SECTOR SENIOR OFFICIALS AND OUR MEMBERS' THOUGHT LEADERS. GOING INTO 2025, WE WILL CONTINUE TO HOLD REGIONAL EVENTS, WITH AN AUSTRALIA FORUM AND EUROPEAN SUMMIT IN MARCH, ALONGSIDE OUR FLAGSHIP ANNUAL MEMBERSHIP MEETING IN WASHINGTON, DC. |
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ including grants of $) MEMBER SERVICES. WE HAVE PUT MEMBER KEY CONCERNS AND TOPICS OF INTEREST AS CENTRAL TO OUR MEDIA AND EVENTS. AS A RESULT, IIF CONTENT HAS GARNERED MORE THAN 16,000 MEDIA MENTIONS, WITH MORE THAN 5,000 MENTIONS THAT INCLUDED GROWTH AND COMPETITIVENESS. WE EXPECT EVEN MORE AS WE CLOSE OUT THE YEAR. OUR ANNUAL MEMBERSHIP MEETING IN OCTOBER GARNERED 1,300 ARTICLE MENTIONS ALONE, WITH MORE THAN 50 IN TOP-TIER PUBLICATIONS. IIF CONTINUES TO LEAD ITS PEER ORGANIZATIONS IN TOP-TIER MEDIA COVERAGE, EARNING NEARLY A THIRD OF COVERAGE. ORGANIC SOCIAL MEDIA ENGAGEMENT HAS INCREASED MORE THAN 400% AND WE CONTINUE TO GROW PRESENCE AND SHARE OF VOICE VIA PODCASTS, AND ON SOCIAL MEDIA, WITH ~400K (AND COUNTING) IMPRESSIONS ACROSS X AND LINKEDIN.THE FUTURE LEADERS GROUP CONTINUES TO RECOGNIZE EMERGING LEADERS OF THE FINANCIAL INDUSTRY. THE CLASS OF 2024 CONSISTED OF 60 PARTICIPANTS FROM 58 INSTITUTIONS REPRESENTING 26 COUNTRIES. DURING THE EUROPEAN SUMMIT IN PARIS AND ALONGSIDE THE AMM IN WASHINGTON, THE CLASS WAS INTRODUCED TO C-SUITE SPEAKERS AND POLICYMAKERS, DISCUSSING TOPICS RANGING FROM FINANCIAL STABILITY TO NATURE-RELATED FINANCIAL RISK AND THE IMPACT OF GENERATIVE AI. WE HAVE HAD ROBUST INTEREST IN THE CLASS FOR 2025 AND WILL WELCOME A CLASS OF 65 AT THE BEGINNING OF THE NEW YEAR, OUR LARGEST CLASS TO DATE. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | MEMBERSHIP IN THE INSTITUTE SHALL BE OPEN TO ANY LENDING INSTITUTION, BANK (INCLUDING WITHOUT LIMITATION INVESTMENT BANK, COMMERCIAL BANK, MERCHANT BANK), ASSET MANAGER, INVESTMENT FUND, INSURANCE COMPANY, PAYMENT PROCESSOR OR EXCHANGE THAT IS, IN EACH INSTANCE, ENGAGED IN INTERNATIONAL FINANCIAL TRANSACTIONS. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | IIF'S FULL MEMBERS CAN ELECT ALL 50 AUTHORIZED INDIVIDUALS OF THE BOARD OF DIRECTORS (ALTHOUGH THE BOARD OF DIRECTORS ITSELF MAY ELECT UP TO 10 OF ITS MEMBERS). |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | IIF'S FULL MEMBERS HAVE FINAL APPROVAL ON THE BOARD OF DIRECTOR'S RECOMMENDATIONS TO APPROVE THE ANNUAL BUDGET, AS WELL AS ANY CHANGES TO THE ORGANIZATION'S BYLAWS. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE FEDERAL FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. UPON ISSUANCE OF THE DRAFT, THE FORM 990 IS REVIEWED BY THE SENIOR ACCOUNTING MANAGER, THE MANAGING DIRECTOR OF FINANCE, AND THEN REVIEWED AND SIGNED BY THE PRESIDENT AND CEO BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| Form 990, Part VI, Line 12c Conflict of interest policy | IIF DISSEMINATES THE POLICY AND ASK INDIVIDUALS TO NOTIFY OF ANY POSSIBLE CONFLICT. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | THE BOARD OF DIRECTORS HAS ESTABLISHED A SEPARATE COMPENSATION COMMITTEE WHICH REVIEWS THE COMPENSATION (BOTH BASE SALARY AND YEAR-END BONUS RANGE) OF IIF'S PRESIDENT/ CHIEF EXECUTIVE OFFICER (CEO) PRIOR TO THE ESTABLISHMENT AND/OR RENEWAL/ EXTENSION OF AN EMPLOYMENT CONTRACT. THIS INCLUDES A REVIEW OF COMPARABILITY DATA. IN ADDITION, AT THE END OF EACH YEAR, THE COMMITTEE REVIEWS THE ACCOMPLISHMENTS OF THE PRESIDENT/ CEO TO DETERMINE THE ACTUAL YEAR-END BONUS WITHIN THE RANGE ESTABLISHED BY THE CONTRACT. THE PRESIDENT/ CEO'S EMPLOYMENT CONTRACT BECAME EFFECTIVE JANUARY 2013, WAS RENEWED AND EXTENDED IN JUNE, 2015 WITH A NEW TERMINATION DATE OF DECEMBER 31, 2017, WAS RENEWED AND EXTENDED IN DECEMBER 2017 WITH A NEW TERMINATION DATE OF DECEMBER 31, 2020, AND WAS RENEWED AND EXTENDED IN JULY 2020 WITH A NEW TERMINATION DATE OF DECEMBER 31, 2023, AND WAS RENEWED AND EXTENDED WITH A NEW TERMINATION DATE OF DECEMBER 2027. THE COMPENSATION COMMITTEE LAST MET VIA CONFERENCE CALL IN DECEMBER 2024 TO REVIEW AND TO DETERMINE THE ACTUAL YEAR-END BONUS WITHIN THE RANGE ESTABLISHED BY THE CONTRACT. THE PRESIDENT/ CEO REVIEWS MARKET COMPENSATION DATA FOR KEY EMPLOYEES AS PROVIDED BY THE MANAGING DIRECTOR OF FINANCE AND ADMINISTRATION. THIS PROCESS LAST TOOK PLACE IN DECEMBER 2024. |
| Form 990, Part VI, Line 19 Required documents available to the public | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Schedule F, Part I, Line 3 | IIF REPORTED THE EXPENDITURES BASED ON THE ACCOUNTING METHOD USED IN ITS AUDITED FINANCIAL STATEMENTS WHICH IS AN ACCRUAL BASIS. |
| FORM 990, PART III, LINE I: ORGANIZATION'S MISSION | THE MISSION OF THE INSTITUTE IS TO SUPPORT THE FINANCIAL INDUSTRY IN PRUDENTLY MANAGING RISKS, INCLUDING SOVEREIGN RISK; IN DEVELOPING BEST PRACTICES AND STANDARDS; AND IN ADVOCATING REGULATORY, FINANCIAL, AND ECONOMIC POLICIES THAT ARE IN THE BROAD INTEREST OF ITS MEMBERS AND FOSTER GLOBAL FINANCIAL STABILITY. IN FULFILLING THIS MISSION, THE INSTITUTE'S MAIN ACTIVITIES ARE TO: PROVIDE HIGH-QUALITY, TIMELY, AND IMPARTIAL ANALYSIS AND RESEARCH TO ITS MEMBERS ON EMERGING MARKETS AND OTHER CENTRAL ISSUES IN GLOBAL FINANCE; SYSTEMATICALLY IDENTIFY, ANALYZE, AND SHAPE REGULATORY, FINANCIAL, AND ECONOMIC POLICY ISSUES OF RELEVANCE TO ITS MEMBERS GLOBALLY OR REGIONALLY; DEVELOP AND ADVANCE REPRESENTATIVE VIEWS AND CONSTRUCTIVE PROPOSALS THAT INFLUENCE THE PUBLIC DEBATE ON PARTICULAR POLICY PROPOSALS, INCLUDING THOSE OF MULTILATERAL AGENCIES, AND BROAD THEMES OF COMMON INTEREST TO PARTICIPANTS IN GLOBAL FINANCIAL MARKETS; WORK WITH POLICYMAKERS, REGULATORS, AND MULTILATERAL ORGANIZATIONS TO STRENGTHEN THE EFFICIENCY, TRANSPARENCY, STABILITY AND COMPETITIVENESS OF THE GLOBAL FINANCIAL SYSTEM, WITH AN EMPHASIS ON VOLUNTARY MARKET-BASED APPROACHES TO CRISIS PREVENTION AND MANAGEMENT; PROMOTE THE DEVELOPMENT OF SOUND FINANCIAL SYSTEMS, WITH AN EMPHASIS ON EMERGING MARKETS; PROVIDE A NETWORK FOR MEMBERS TO EXCHANGE VIEWS AND OFFER OPPORTUNITIES FOR EFFECTIVE DIALOGUE AMONG POLICYMAKERS, REGULATORS, AND PRIVATE SECTOR FINANCIAL INSTITUTIONS; DEFINE, ARTICULATE, AND DISSEMINATE BEST PRACTICES AND INDUSTRY STANDARDS IN SUCH AREAS AS RISK MANAGEMENT AND ANALYSIS, DISCLOSURE, CORPORATE GOVERNANCE AND REGULATORY COMPLIANCE. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IIF ASIA PACIFIC LTD | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 RAFFLES PLACE | AddressLine1Txt |
| Address Line2 | SUITE 22-06 SINGA | AddressLine2Txt |
| City | SINGAPORE | CityNm |
| Country | SN | CountryCd |
| Foreign Postal | 048623 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | A CENTRALIZED HUB FOR REGIONAL ACTIVITIES IN THE ASIA PACIFIC REGION | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | SN | LegalDomicileForeignCountryCd |
| Total Income | $691,290 | TotalIncomeAmt |
| End Of Year Assets | $697,886 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSTITUTE OF INTERNATIONAL FINANCE INC | BusinessNameLine1Txt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule R, Part I | FormAndLineReferenceDesc |
| Explanation | IIF CONDUCTS SOME OF ITS PROGRAMS THROUGH FIELD OFFICES AND AFFILIATES IN FOREIGN COUNTRIES. IN ORDER TO ADHERE WITH THE LAWS OF SINGAPORE, IIF ASIA PACIFIC, LTD. WAS ESTABLISHED IN MAY 2014 TO ACT AS A CENTRALIZED HUB FOR REGIONAL ACTIVITIES IN THE ASIA PACIFIC REGION. IIF IS THE SOLE MEMBER OF IIF ASIA PACIFIC, LTD. FOR PURPOSES OF THE 990, IIF ASIA PACIFIC, LTD IS LISTED AS A DISREGARDED ENTITY AND ITS ACTIVITIES REFLECTED THROUGHOUT THE TAX RETURN. | ExplanationTxt |
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