2011-11-02T14:23:24-05:00 2010-12-31 LARSONALLEN LLP 2900 SOUTH QUINCY ST SUITE 150 ARLINGTON VA 22206 990 2010-01-01 521289843 INSTITUTE OF INTERNATIONAL FINANCE INC INST 2028573600 1333 H STREET NW NO 800E WASHINGTON DC 200054770 CHARLES DALLARA 2028573600 2011-11-01 1 7039985100 2010 2016-03-07 17:11:31Z CHARLES DALLARA 1333 H STREET NW NO 800E WASHINGTON DC 200054770 28962298 0 X WWW.IIF.COM X 1982 DC 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 OUR MEMBERS AND FOSTER GLOBAL FINANCIAL STABILITY. 34 33 96 0 0 0 0 0 25635824 27324820 -1447534 687324 51522 89890 24239812 28102034 0 0 0 0 15779895 19131788 0 0 0 8745279 9523663 24525174 28655451 -285362 -553417 22793088 28050995 3000309 8743393 19792779 19307602 X 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 OUR MEMBERS AND FOSTER GLOBAL FINANCIAL STABILITY. 0 0 ECONOMIC AND FINANCIAL ANALYSIS - THE INSTITUTE PROVIDES ITS MEMBERS WITH HIGH-QUALITY, TIMELY, AND IMPARTIAL ANALYSIS AND RESEARCH ON GLOBAL FINANCIAL AND ECONOMIC DEVELOPMENTS AND OTHER CENTRAL ISSUES IN GLOBAL FINANCE. OUR ANALYSIS BENEFITS FROM IN-DEPTH COVERAGE OF MAJOR MATURE ECONOMIES AND FINANCE. IN 2010, WE PUBLISHED 114 RESEARCH NOTES, 92 INSIGHTS, 4 REGIONAL REPORTS; 3 CAPITAL FLOWS REPORTS; 11 MONTHLY GLOBAL ECONOMIC MONITORS; 11 CAPITAL MARKET MONITORS; DAILY ECONOMIC AND MARKET BRIEFINGS IN ADDITION TO SEVERAL OTHER RESEARCH REPORTS. IN ADDITION TO THESE REPORTS, IIF ECONOMISTS PROVIDE ECONOMIC BRIEFINGS IN A VARIETY OF GLOBAL AND REGIONAL VENUES. EVENTS AND TRAINING PROGRAMS - THE INSTITUTE PROVIDES A WIDE RANGE OF GLOBAL AND REGIONAL OPPORTUNITIES FOR MEMBERS TO GATHER AND DISCUSS ISSUES OF COMMON INTEREST AND CONCERN ON GLOBAL FINANCIAL AND ECONOMIC ISSUES. IN 2010, THE AFTERMATH OF THE GLOBAL FINANCIAL CRISIS, THE GLOBAL ECONOMIC RECOVERY, AND THE EUROPEAN DEBT CRISIS, FIGURED PROMINENTLY IN ALL OUR EVENTS WHICH TOTALED APPROXIMATELY 100 AND INCLUDED PRESENTATIONS ON THE FINANCIAL AND ECONOMIC OUTLOOK, DISCUSSIONS ON RISK MANAGEMENT, DISSEMINATION OF MARKET BEST PRACTICES, ANALYSIS OF THE RECOVERY, RECOMMENDATIONS FOR THE G20, AMONG OTHER THINGS. GLOBAL FINANCIAL SERVICES REGULATION - THE FOCUS OF THE INSTITUTE'S REGULATORY AFFAIRS WORK IS TWO-FOLD: TO SERVE AS A FORUM FOR DIALOGUE WITH OFFICIALS ON KEY ISSUES AFFECTING THE GLOBAL FINANCIAL SERVICES INDUSTRY AND TO IDENTITY AND DISSEMINATE BEST PRACTICES AND INDUSTRY STANDARDS IN SUCH AREAS AS RISK MANAGEMENT, CORPORATE GOVERNANCE, AND REGULATORY COMPLIANCE. IN 2010, THE IIF RELEASED ITS REPORTS ON "SYSTEMIC RISK AND SYSTEMICALLY IMPORTANT FIRMS" AND "A GLOBAL APPROACH TO RESOLVING FAILING FINANCIAL FIRMS" WHICH BOTH ADDRESSED KEY ISSUES RELATED TO THE FINANCIAL CRISIS. THE INSTITUTE HAS ALSO EMPHASIZED THE NEED FOR THE FINANCIAL SERVICES INDUSTRY TO EXAMINE AND IMPROVE ITS OWN PRACTICES AND, CONTINUED TO REVIEW AND ENCOURAGE THE IMPLEMENTATION OF INDUSTRY BEST PRACTICES. THE IIF CONTINUES TO SERVE AS A FORUM FOR DIALOGUE WITH THE FINANCIAL STABILITY BOARD (FSB), BASEL COMMITTEE ON BANKING SUPERVISION (BCBS), AND THE INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS (IOSCO), AMONG OTHERS. CAPITAL MARKETS AND EMERGING MARKETS POLICY - THE IIF WORKS WITH POLICYMAKERS, REGULATORS, AND MULTILATERAL ORGANIZATIONS TO STRENGTHEN THE EFFICIENCY, TRANSPARENCY, STABLILITY, AND COMPETITIVENESS OF THE GLOBAL FINANCIAL SYSTEM, WITH AN EMPHASIS ON VOLUNTARY, MARKET-BASED APPROACHES TO CRISIS PREVENTION AND MANAGEMENT, AND PROMOTES THE DEVELOPMENT OF SOUND FINANCIAL SYSTEMS, WITH AN EMPHASIS ON EMERGING MARKETS. IN 2010, THE INSTITUTE CONTINUED TO ADVANCE THE IMPLEMENTATION OF THE PRINCIPLES FOR STABLE CAPITAL FLOWS AND FAIR DEBT RESTRUCTURING IN EMERGING MARKETS AS PART OF ITS ONGOING MISSION TO STRENGTHEN THE FRAMEWORK FOR STABLE CAPITAL FLOWS TO EMERGING MARKETS. DURING 2010, THE PRINCIPLES IMPLEMENTATION PROCESS SUPPORTED TRADITIONAL CRISIS PREVENTION AND RESOLUTION CASES IN ADDITION TO PROVIDING GUIDANCE RELATED TO THE EUROPEAN DEBT CRISIS. THE BENEFITS OF A COOPERATIVE, TRANSPARENT, AND MARKET-BASED APPROACH TO GOOD FAITH NEGOTIATIONS IN THESE CASES CONTRIBUTED TO THE RESTORATION OF EXTERNAL MARKET ACCESS IN COUNTRIES SUPPORTED BY DEBT-RELIEF PROGRAMS.MEMBERSHIP DEVELOPMENT - MEMBERSHIP DEVELOPMENT ACTIVITIES INCLUDE, AMONG OTHER THINGS, ONE-ON-ONE MEETINGS WITH OUR MEMBERS TO DISCUSS ISSUES OF CONCERN TO THEM AND TO EXPLAIN THE RANGE OF PRODUCTS AND SERVICES AVAILABLE TO THEM. IT ALSO INCLUDES PRESS RELATIONS AS MANY OF THE TOPICS WE COVER ANALYTICALLY ARE OF INTEREST TO THE PRESS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 50 0 96 1 0 1 CH 0 0 0 0 X 34 33 0 0 1 0 1 1 1 1 1 0 0 0 1 1 0 1 1 1 0 0 X THE ORGANIZATION 2028573600 1333 H STREET NW NO 800E WASHINGTON DC 200054770 JOSEF ACKERMANN 2.00 X X 0 0 0 ROBERT E SETUBAL 2.00 X X 0 0 0 FRANCISCO GONZALEZ 2.00 X X 0 0 0 MARCUS WALLENBERG 2.00 X X 0 0 0 HASSAN EL SAYED ABDALLA 2.00 X 0 0 0 YANNIS S COSTOPOULOS 2.00 X 0 0 0 IBRAHIM S DABDOUB 2.00 X 0 0 0 OSWALD GRUEBEL 2.00 X 0 0 0 JAN HOMMEN 2.00 X 0 0 0 JIANG JIANQING 2.00 X 0 0 0 K VAMAN KAMATH 2.00 X 0 0 0 WALTER B KIELHOLZ 2.00 X 0 0 0 NOBUO KUROYANAGI 2.00 X 0 0 0 FREDERIE OUDEA 2.00 X 0 0 0 CORRADO PASSERA 2.00 X 0 0 0 BAUDOUIN PROT 2.00 X 0 0 0 URS ROHNER 2.00 X 0 0 0 PETER SANDS 2.00 X 0 0 0 YASUHIRO SATO 2.00 X 0 0 0 RICK WAUGH 2.00 X X 0 0 0 CHARLES DALLARA 40.00 X X 3524496 0 624500 WALTER BAYLY 2.00 X 0 0 0 MARTIN BLESSING 2.00 X 0 0 0 GARY D COHN 2.00 X 0 0 0 YOON-DAE EUH 2.00 X 0 0 0 DOUGLAS FLINT 2.00 X 0 0 0 JAMES P GORMAN 2.00 X 0 0 0 ROBERT KELLY 2.00 X 0 0 0 VIKRAM PANDIT 2.00 X 0 0 0 SUZAN SABANCI DINCER 2.00 X 0 0 0 MARTIN SENN 2.00 X 0 0 0 MICHAEL SMITH 2.00 X 0 0 0 JAMES E STALEY 2.00 X 0 0 0 ANDREAS TREICHL 2.00 X 0 0 0 BARRIE ORELLANA 40.00 X 354327 0 24500 YUSUKE HORIGUCHI 40.00 X 453709 0 24500 HUNG TRAN 40.00 X 619702 0 24500 PHILIP SUTTLE 40.00 X 610631 0 24500 GREGORY FAGER 40.00 X 456845 0 24500 GEORGE ABED 40.00 X 494132 0 24500 JEFFREY ANDERSON 40.00 X 452063 0 24500 FREDERICK JASPERSEN 40.00 X 389964 0 24500 DAVID SCHRAA 40.00 X 482482 0 24500 ABDESSATAR OUANES 40.00 X 396368 0 24500 PAUL WRIGHT 40.00 X 454235 0 24500 DAVID HEDLEY 40.00 X 275898 0 24500 BEJOY DASGUPTA 40.00 X 307850 0 24500 LUBOMIR MITOV 40.00 X 314297 0 24500 NADER NAZMI 40.00 X 283990 0 24500 GARBIS IRADIAN 40.00 X 224251 0 22038 10095240 0 1014038 33 0 1 0 VOGL COMMUNICATIONS 2000 P ST NW 408 WASHINGTON DC 20036 PRESS RELATIONS 275000 THREESPOT MEDIALLC 3333 14TH ST SUITE 300 WASHINGTON DC 20010 WEBSITE ENHANCEMENT 125284 2 MEMBERSHIP DUES 900099 24209215 24209215 SPONSORSHIP INCOME 900099 2591847 2591847 REGISTRATION FEE INCOM 900099 523758 523758 27324820 551295 551295 996293 860264 136029 136029 136029 OTHER INCOME 900099 89890 89890 89890 28102034 24822863 0 3279171 9288955 6830647 882113 1476945 653128 324934 58181 618013 1032548 1634468 2347156 2385949 415209 127422 DATA SERVICE, SUBSCRIPT 424163 TEMPORARY SERVICES 150989 MISCELLANEOUS EXPENSES 4631 28655451 -62301 -126263 11484381 16720086 345025 367686 374953 612745 2985973 2114845 772151 871128 9878879 9605613 22793088 28050995 1465706 1871542 959541 6380516 575062 491335 3000309 8743393 X 19792779 19307602 19792779 19307602 22793088 28050995 X -553417 68240 X 0 1 1 X 0 885145 445976 439169 1401928 1121562 280366 698900 547307 151593 871128 DEFERRED RENT 491335 491335 28102034 28655451 -553417 68240 68240 -485177 28170274 68240 68240 28102034 0 28102034 28655451 0 28655451 0 28655451 THE INSTITUTE ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS ON JANUARY 1, 2009. THE INSTITUTE EVALUATED ITS TAX POSITION AND DETERMINED THAT ITS TAX POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. THE INSTITUTES TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2007 TO 2009 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. EAST ASIA AND THE PACIFIC 1 1 MANAGEMENT AND GENERAL EXPENSES FOR START-UP OFFICE IN CHINA. 173788 1 0 1 173788 0 173788 0 0 0 0 0 0 X 1 1 X X X X 0 0 0 CHARLES DALLARA 1067628 0 1400000 0 1056868 0 624500 0 0 0 4148996 0 0 0 BARRIE ORELLANA 200365 0 150000 0 3962 0 24500 0 0 0 378827 0 0 0 YUSUKE HORIGUCHI 234281 0 150000 0 69428 0 24500 0 0 0 478209 0 0 0 HUNG TRAN 344702 0 275000 0 0 0 24500 0 0 0 644202 0 0 0 PHILIP SUTTLE 335631 0 275000 0 0 0 24500 0 0 0 635131 0 0 0 GREGORY FAGER 310771 0 140000 0 6074 0 24500 0 0 0 481345 0 0 0 GEORGE ABED 319132 0 175000 0 0 0 24500 0 0 0 518632 0 0 0 JEFFREY ANDERSON 301198 0 145000 0 5865 0 24500 0 0 0 476563 0 0 0 FREDERICK JASPERSEN 279650 0 105000 0 5314 0 24500 0 0 0 414464 0 0 0 DAVID SCHRAA 262335 0 215000 0 5147 0 24500 0 0 0 506982 0 0 0 ABDESSATAR OUANES 241368 0 155000 0 0 0 24500 0 0 0 420868 0 0 0 PAUL WRIGHT 249427 0 200000 0 4808 0 24500 0 0 0 478735 0 0 0 DAVID HEDLEY 219582 0 52000 0 4316 0 24500 0 0 0 300398 0 0 0 BEJOY DASGUPTA 235186 0 68000 0 4664 0 24500 0 0 0 332350 0 0 0 LUBOMIR MITOV 234589 0 75000 0 4708 0 24500 0 0 0 338797 0 0 0 NADER NAZMI 212794 0 67000 0 4196 0 24500 0 0 0 308490 0 0 0 GARBIS IRADIAN 179251 0 45000 0 0 0 22038 0 0 0 246289 0 0 0 PART I, LINE 1A PERSONAL SERVICES TO THE MANAGING DIRECTOR AND IS INCLUDED IN HIS REPORTABLE COMPENSATION. FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF DIRECTORS AMENDED THE BYLAWS ON JUNE 10, 2010. THE FOLLOWING IS A SUMMARY OF THE AMENDMENTS: (1) ARTICLE IV, SECTION 3: ANY DIRECTOR MAY BE REMOVED FROM OFFICE BY AN AFFIRMATIVE VOTE OF THE BOARD IF THE ORGANIZATION THE DIRECTOR REPRESENTS IS NO LONGER A MEMBER OF THE INSTITUTE, OR IF THE BOARD CONSIDERS SUCH REMOVAL TO BE IN THE BEST INTERESTS OF THE INSTITUTE. (2) ARTICLE III, SECTION 4(C): (C) THE MEMBERSHIP OF A MEMBER MAY BE TERMINATED BY AN AFFIRMATIVE VOTE OF THE BOARD OF DIRECTORS IF IN ITS DISCRETION THE BOARD BELIEVES THAT SUCH TERMINATION IS IN THE BEST INTERESTS OF THE INSTITUTE. UPON SUCH TERMINATION, A PROPORTIONATE SHARE OF SUCH MEMBERS ANNUAL DUES PAYMENT SHALL BE RETURNED TO THE MEMBER. THE RETURNED SHARE SHALL EQUAL THE PERCENTAGE OF THE MEMBERS ANNUAL DUES PAYMENT THAT IS DETERMINED BY DIVIDING BY TWELVE (12) THE NUMBER OF MONTHS REMAINING IN THE INSTITUTES FISCAL YEAR AFTER THE MEMBERS TERMINATION. FORM 990, PART VI, SECTION A, LINE 6 FULL MEMBERS AND ASSOCIATE MEMBERS FORM 990, PART VI, SECTION A, LINE 7A FULL MEMBERS ELECT 33 OF THE INSTITUTE'S AUTHORIZED TOTAL OF 34 BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS APPROVE THE BOARD RECOMMENDED BUDGET. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE ACCOUNTING MANAGER, REVIEWED AND FINALIZED BY THE DIRECTOR OF FINANCE, THEN REVIEWED AND SIGNED BY THE MANAGING DIRECTOR BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS HAVE ESTABLISHED A SEPARATE COMPENSATION COMMITTEE WHICH REVIEWS THE COMPENSATION OF THE ORGANIZATION CEO. THIS INCLUDES A REVIEW OF COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION OF THE ORGANIZATON'S CEO. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 68,240.