2025-11-14T14:01:47-06:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 521682441 BANK INFORMATION CENTER BANK 2027377752 1023 15TH ST NW 10TH FLOOR WASHINGTON DC 20005 ELANA BERGER EXECUTIVE DIRECTOR 2027377752 2025-11-14 1 0 ELIZABETH W HELLER P00397829 3019519090 2024 2025-03-06 01:10:19Z ELANA BERGER 1023 15TH ST NW 10TH FLOOR WASHINGTON DC 20005 1883755 0 X WWW.BANKINFORMATIONCENTER.ORG X 1998 DC BANK INFORMATION CENTER PARTNERS WITH CIVIL SOCIETY TO SPOTLIGHT THE RISKS AND IMPROVE THE TRANSPARENCY, ACCOUNTABILITY, AND SUSTAINABILITY OF DEVELOPMENT FINANCE. 8 8 12 8 0 0 2812831 1812578 0 19200 98927 37454 0 14523 2911758 1883755 0 204375 0 0 1562809 1371169 0 0 40954 1204212 1181271 2767021 2756815 144737 -873060 3138226 3011607 1213098 1944897 1925128 1066710 X THE BANK INFORMATION CENTER'S MISSION IS TO PROMOTE SOCIAL, ECOLOGICAL AND ECONOMIC JUSTICE BY AMPLIFYING LOCAL VOICES AND DEMOCRATIZING DEVELOPMENT. BIC ADVOCATES FOR GREATER TRANSPARENCY, ACCOUNTABILITY, SUSTAINABILITY, AND INCLUSION AT THE MULTILATERAL DEVELOPMENT BANKS. 0 0 743529 75661 ENVIRONMENT: THE PROGRAM WORKS TO ENSURE THAT MDBS SUPPORT POSITIVE ACTION ON CLIMATE AND FORESTS, INCORPORATING ENVIRONMENTAL SUSTAINABILITY, AND PEOPLE'S RIGHTS TO A LIVABLE ENVIRONMENT, THROUGHOUT THEIR WORK. 636396 89512 19200 SOCIAL INCLUSION: THE PROGRAM WORKS SPECIFICALLY TO IMPROVE IFI (INTERNATIONAL FINANCE INSTITUTION) GOVERNANCE AND OPERATIONS BY PRIORITIZING THE INCLUSION OF MARGINALIZED GROUPS, THE PROTECTION OF THEIR RIGHTS, AND THEIR EQUAL ACCESS TO PROJECT BENEFITS. BIC'S ADVOCACY CURRENTLY FOCUSES OF THREE MARGINALIZED GROUPS THAT HAVE BEEN HISTORICALLY OVERLOOKED BY IFIS: CHILDREN, WOMEN AND PERSONS WITH DISABILITIES. 211968 26702 POLICY: THE PROGRAM WORKS TOWARD IMPROVED POLICIES AT THE IFIS, PRIMARILY IN THE AREA OF STRONGER ENVIRONMENTAL AND SOCIAL STANDARDS, STRONGER ACCOUNTABILITY FRAMEWORKS, AND IMPROVED OPPORTUNITIES FOR STAKEHOLDER ENGAGEMENT. BICS STRATEGIC FOCUS WILL REMAIN ON THE WORLD BANK GROUP, AS THE PRIMARY STANDARD SETTER FOR IFIS, BUT WILL ALSO RESPOND TO OPPORTUNITIES AT REGIONAL DEVELOPMENT BANKS AND KEY TRUST FUNDS TO STRENGTHEN POLICIES ACROSS INSTITUTIONS IN AN EFFORT TO SUPPORT UPWARD HARMONIZATION OF STANDARDS. 525246 12500 SPECIAL PROJECTS 415312 GENERAL PROGRAMS 940558 12500 2532451 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X ELANA BERGER 2027377752 1023 15TH ST NW 10TH FLOOR WASHINGTON DC 20005 JUDY GEARHART BOARD CHAIR 1.00 X X 0 0 0 STEWART ROSS TREASURER 1.00 X X 0 0 0 KINDRA MOHR BOARD MEMBER 1.00 X 0 0 0 EDSON NGIRABAKUNZI BOARD MEMBER 1.00 X 0 0 0 FATUMA IBRAHIM BOARD MEMBER 1.00 X 0 0 0 GUNILLA OLSSON BOARD MEMBER 1.00 X 0 0 0 TRACI ROMINE BOARD MEMBER 1.00 X 0 0 0 JULIA NEIVA BOARD MEMBER 1.00 X 0 0 0 ELANA BERGER EXECUTIVE DIRECTOR 40.00 X 143063 0 35339 PAULINA GARZO DE JOCHNICK DIRECTOR LATIN AMERICA SUSTAINABLE 40.00 X 129600 0 10368 KYLE ASH CLIMATE AND ADVOCACY DIRECTOR 40.00 X 107382 0 29015 380045 0 74722 3 0 1 0 0 1812578 1812578 CONTRACT INCOME 900099 19200 19200 19200 37454 37454 OTHER INCOME 900099 14523 14523 14523 1883755 19200 0 51977 X 204375 204375 178402 167910 7344 3148 851245 796571 38272 16402 51276 49240 1425 611 211558 202748 6167 2643 78688 74061 3239 1388 60942 60942 647745 621653 18264 7828 65439 57229 5738 2472 8287 7539 524 224 204236 192224 8409 3603 148657 131460 15946 1251 22750 8863 13879 8 729 686 30 13 3744 3514 161 69 DUES & SUBSCRIPTIONS 15332 11592 2618 1122 BAD DEBT 2060 1683 273 104 MISCELLANEOUS 1350 1103 179 68 2756815 2532451 183410 40954 167556 240249 1417022 109033 654525 325000 1281 5167 16521 20175 51591 20847 741 30744 525389 553988 355191 1727251 3138226 3011607 70960 74973 747297 163439 394841 1706485 1213098 1944897 X 144420 78385 1780708 988325 1925128 1066710 3138226 3011607 -873060 14642 0 X 0 1 X 1 0 X 3329889 2093311 1491358 2812831 1812578 11539967 3329889 2093311 1491358 2812831 1812578 11539967 6577099 4962868 7816 9822 11997 98927 37454 166016 3768 14523 18291 11724274 20660 0.42330 0.98680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31791 1047 30744 19800 19800 0 30744 DEPOSITS 29312 OPERATING LEASE RIGHT-OF-USE ASSET 1646174 ROU INCENTIVE 51765 1727251 OPERATING LEASE LIABILITY 1706485 1706485 1898397 14642 14642 1883755 0 1883755 2756815 0 2756815 0 2756815 1 SOUTH AMERICA 0 0 GRANTMAKING 56025 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 102350 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 16000 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 10000 SOUTH ASIA 0 0 GRANTMAKING 20000 SUB-SAHARAN AFRICA 0 2 PROGRAM SERVICES SOCIAL INCLUSION/ENVIRONMENT 69371 EUROPE 0 2 PROGRAM SERVICES SOCIAL INCLUSION/ENVIRONMENT 127409 SOUTH ASIA 0 1 PROGRAM SERVICES ENVIRONMENT 29136 SOUTH AMERICA 0 1 PROGRAM SERVICES SOCIAL INCLUSION/ENVIRONMENT 84525 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES SOCIAL INCLUSION 69404 NORTH AMERICA 0 1 PROGRAM SERVICES SOCIAL INCLUSION 81722 0 5 0 3 0 8 430291 235651 665942 SUB-SAHARAN AFRICA PROJECT MONITORING 13202 WIRE 0 CENTRAL AMERICA AND THE CARIBBEAN PROJECT MONITORING 10000 WIRE 0 SOUTH AMERICA PROJECT MONITORING 7250 WIRE 0 SOUTH AMERICA PROJECT MONITORING 8500 WIRE 0 CENTRAL AMERICA AND THE CARIBBEAN PROJECT MONITORING 6000 WIRE 0 SUB-SAHARAN AFRICA PROJECT MONITORING 7500 WIRE 0 SOUTH AMERICA PROJECT MONITORING 7000 WIRE 0 SUB-SAHARAN AFRICA PROJECT MONITORING 7411 WIRE 0 SUB-SAHARAN AFRICA PROJECT MONITORING 10983 WIRE 0 SUB-SAHARAN AFRICA PROJECT MONITORING 12500 WIRE 0 SUB-SAHARAN AFRICA PROJECT MONITORING 6000 WIRE 0 SOUTH AMERICA PROJECT MONITORING 14500 WIRE 0 EAST ASIA AND THE PACIFIC PROJECT MONITORING 10000 WIRE 0 SUB-SAHARAN AFRICA PROJECT MONITORING 11500 WIRE 0 SOUTH ASIA PROJECT MONITORING 20000 WIRE 0 SUB-SAHARAN AFRICA PROJECT MONITORING 10000 WIRE 0 16 0 1 0 0 0 0 0 PART I, LINE 2: BIC REQUIRES GRANT RECIPIENTS TO SUBMIT A BRIEF NARRATIVE AND FINANCIAL REPORT, USUALLY WITHIN ONE YEAR FROM WHEN THE GRANT WAS AWARDED. THE REPORTS DESCRIBE HOW THE GRANT MONEY WAS SPENT. X 0 0 0 0 0 0 0 0 0 ELANA BERGER EXECUTIVE DIRECTOR 143063 0 0 0 0 0 12061 0 23278 0 178402 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN WAS PREPARED BY THE OUTSIDE ACCOUNTANTS, REVIEWED BY SENIOR MANAGEMENT AND THEN BY THE BOARD'S TREASURER PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ARE REQUIRED TO SIGN AN ACKNOWLEDGMENT THAT THEY HAVE READ AND UNDERSTAND THE CONFLICT OF INTEREST POLICY AND MUST DISCLOSE ANY POTENTIAL CONFLICT RELATIONSHIPS. IF ANY SUCH RELATIONSHIPS ARE DISCLOSED, THE INFORMATION IS ESCALATED TO THE BOARD PRESIDENT VIA THE EXECUTIVE DIRECTOR. THE PRESIDENT, POSSIBLY WITH THE ASSISTANCE OF THE EXECUTIVE COMMITTEE, DETERMINES IF THE CONFLICT OF INTEREST MERITS FURTHER ACTION, INCLUDING POTENTIAL REMOVAL OF A CONFLICTED PERSON FROM THE BOARD. THIS POLICY ALSO APPLIES TO EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD EXECUTIVE COMMITTEE SETS THE SALARY OF THE EXECUTIVE DIRECTOR, BASED ON CURRENT TRENDS, BUDGET, AND EXPERIENCE OF THE INDIVIDUAL. THIS COMMITTEE ALSO ADJUSTS THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON THE ANNUAL PERFORMANCE EVALUATION CONDUCTED BY THE BOARD, WHICH IS DOCUMENTED AND KEPT ON FILE ELECTRONICALLY. KEY EMPLOYEE SALARIES ARE DETERMINED BY THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR ANNUALLY ADJUSTS THE SALARY OF KEY EMPLOYEES BASED ON THE ANNUAL PERFORMANCE EVALUATION, WHICH IS DOCUMENTED AND KEPT ON FILE ELECTRONICALLY. THE LAST COMPENSATION REVIEW WAS HELD IN MARCH 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROJECT MONITORING: PROGRAM SERVICE EXPENSES 333,800. MANAGEMENT AND GENERAL EXPENSES 1,551. FUNDRAISING EXPENSES 665. TOTAL EXPENSES 336,016. PROGRAM CONSULTING: PROGRAM SERVICE EXPENSES 287,853. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 287,853. ADMINISTRATIVE SUPPORT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,713. FUNDRAISING EXPENSES 7,163. TOTAL EXPENSES 23,876.