CFA INSTITUTE: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CFA INSTITUTE (EIN 54-1386480)
- Tax period
- 2020-09-01 to 2021-08-31
- Filed
- 2022-07-12
- IRS object ID
- 202221939349301417
- Schema version
- 2020v4.2
- 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 | 2022-07-12T10:38:23-05:00 | ReturnTs |
| Tax Period End | 2021-08-31 | 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 | 2020-09-01 | 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 | 229022083 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARGARET FRANKLIN | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 4349515499 | PhoneNum |
| Signature | 2022-07-12 | 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 |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANDREW ROE | PreparerPersonNm |
| PTIN | P01876391 | PTIN |
| Phone | 7032868000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| 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 | $318,128,368 | 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 | 581 | TotalEmployeeCnt |
| Total Volunteers | 6731 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $164,819,596 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $276,135,280 | CYProgramServiceRevenueAmt |
| PY Investment Income | $18,781,619 | PYInvestmentIncomeAmt |
| CY Investment Income | $21,984,487 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,375,578 | PYOtherRevenueAmt |
| CY Other Revenue | $1,501,466 | CYOtherRevenueAmt |
| PY Total Revenue | $184,976,793 | PYTotalRevenueAmt |
| CY Total Revenue | $299,621,233 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $20,742,295 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $17,511,578 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $107,195,648 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $117,464,387 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $176,202,154 | PYOtherExpensesAmt |
| CY Other Expenses | $164,590,717 | CYOtherExpensesAmt |
| PY Total Expenses | $304,140,097 | PYTotalExpensesAmt |
| CY Total Expenses | $299,566,682 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$119,163,304 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $54,551 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $709,843,889 | TotalAssetsBOYAmt |
| Total Assets EOY | $744,557,424 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $447,817,461 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $431,795,371 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $262,026,428 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $312,762,053 | 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 MEMBER SERVICES: THE ORGANIZATION PROMOTES LIFELONG LEARNING BY SPONSORING AND DISSEMINATING A VARIETY OF EDUCATIONAL CONTENT TO INVESTMENT PROFESSIONALS ON TOPICS RELEVANT TO THE PROFESSION. IT ALSO PROVIDES CAREER DEVELOPMENT RESOURCES, CREATES AFFILIATION AND NETWORKING OPPORTUNITIES, AND PROMOTES AWARENESS AND RECOGNITION OF MEMBER CREDENTIALS TO THE INDUSTRY AND INVESTING PUBLIC. | 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 |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CFA INSTITUTE ALSO PROVIDES A VARIETY OF PROGRAMS AND SERVICES TO ITS MEMBERS AND TO THE GLOBAL INVESTMENT COMMUNITY AT LARGE. PROGRAMS INCLUDE THE CERTIFICATE IN INVESTMENT PERFORMANCE MEASURMENT (CIPM), A DESIGNATION PROGRAM FOR PROFESSIONALS THAT PRODUCE, INTERPRET, PRESENT AND EXPLAIN INVESTMENT PERFORMANCE AND PRODUCTS (INCLUDING SELECTION AND EVALUATION OF INVESTMENT MANAGERS), AND THE CFA INSTITUTE INVESTMENT FOUNDATIONS, A PROGRAM FOR NON-PROFESSIONALS WORKING IN THE INVESTMENT MANAGEMENT INDUSTRY. | 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 | 0 | 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 | 357 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 581 | 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 (33 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| DANIEL GAMBA CFA | ||||||||||
| BOG CHAIR & EC CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| MARIA WILTON CFA | ||||||||||
| BOG VICE CHAIR & PAC CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| MARSHALL BAILEY CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALEXANDER BIRKIN | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT BRUNER | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DANIEL FASCIANO CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| PUNITA KUMAR-SINHA CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| YIMEI LI CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| KARINA LITVACK | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| GEOFFREY NG CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DIANE NORDIN CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| TRICIA ROTHSCHILD CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ZOUHEIR TAMIM EL JARKASS CFA | ||||||||||
| MEMBER, BOARD OF GOVERNORS | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARGARET FRANKLIN CFA | ||||||||||
| PRES & CEO & RESRCH FDN BD MEM | 40.00 | 1.00 | Yes (X) | Yes (X) | $558,892 | $0 | $44,028 | |||
| JOSEPH P LANGE | ||||||||||
| CORPORATE SECRETARY | 40.00 | 0.00 | Yes (X) | $154,886 | $0 | $40,331 | ||||
| ALLISON HOLMES | ||||||||||
| CHIEF FIN & RISK OFFICER (EXIT 8/21) | 40.00 | 0.00 | Yes (X) | $580,154 | $0 | $62,079 | ||||
| STEVEN HENDRY | ||||||||||
| INTERIM CFO (EFFECTIVE 7/16/21) | 40.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEPHEN M HORAN CFA | ||||||||||
| MANAGING DIRECTOR (EXIT 3/1/21) | 40.00 | 0.00 | $382,409 | $0 | $62,551 | Yes (X) | ||||
| SHERI LYNN LITTLEFIELD | ||||||||||
| CHIEF LEGAL OFFICER | 40.00 | 0.00 | $352,231 | $0 | $54,369 | Yes (X) | ||||
| MICHAEL COLLINS | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $343,377 | $0 | $61,434 | Yes (X) | ||||
| GARY BAKER | ||||||||||
| MANAGING DIRECTOR (EXIT 5/1/21) | 40.00 | 0.00 | $389,335 | $0 | $52,684 | Yes (X) | ||||
| NICK POLLARD | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $373,530 | $0 | $102,458 | Yes (X) | ||||
| CHRIS AINSWORTH | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $350,703 | $0 | $54,879 | Yes (X) | ||||
| LEILANI HALL | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $325,437 | $0 | $47,012 | Yes (X) | ||||
| PEG JOBST | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $317,369 | $0 | $61,753 | Yes (X) | ||||
| MARTIN COLBURN | ||||||||||
| MANAGING DIRECTOR | 40.00 | 0.00 | $429,558 | $0 | $40,451 | Yes (X) | ||||
| KURT N SCHACHT CFA | ||||||||||
| SENIOR HEAD ADVOCACY | 40.00 | 0.00 | $368,593 | $0 | $54,835 | Yes (X) | ||||
| WILLIAM TOHME | ||||||||||
| SENIOR REGIONAL HEAD | 40.00 | 0.00 | $311,053 | $0 | $0 | Yes (X) | ||||
| TONY TAN | ||||||||||
| HEAD, ETHICS, STANDARD CONDUCT | 40.00 | 0.00 | $350,574 | $0 | $9,714 | Yes (X) | ||||
| MARY LEUNG | ||||||||||
| HEAD ADVOCACY | 40.00 | 0.00 | $288,393 | $0 | $79,350 | Yes (X) | ||||
| MIKE PETERSON | ||||||||||
| CHIEF TECHNOLOGY OFFICER | 40.00 | 0.00 | $315,114 | $0 | $42,830 | Yes (X) | ||||
| JEFF KNIGHTON | ||||||||||
| CONTROLLER (EXIT 8/21) | 0.00 | 0.00 | $216,311 | $0 | $49,982 | Yes (X) | ||||
| EMILY DUNBAR | ||||||||||
| MANAGING DIR. (EXIT 6/30/20) | 40.00 | 0.00 | $530,378 | $0 | $25,606 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,938,297 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $946,346 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 224 | 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 |
|---|---|---|---|---|---|
| WPP GROUP USA INC (THE OGILVY GROUP) | |||||
| 636 11TH AVENUE | NEW YORK | NY | 10036 | ADVERTISING | $12,170,691 |
| WATERMELON EXPRESS INC DBA BENCHPREP | |||||
| 111 S WACKER DR STE 1200 | CHICAGO | IL | 60606 | PROFESSIONAL SERVICES | $6,167,708 |
| ERNST & YOUNG US LLP | |||||
| PO BOX 640382 | PITTSBURGH | PA | 15264 | PROFESSIONAL SERVICES | $3,825,693 |
| THE BOSTON CONSULTING GROUP INC | |||||
| 1450 BRICKELL AVE 34TH FLOOR | MIAMI | FL | 33131 | CONSULTING | $3,245,000 |
| TEKSYSTEMS INC | |||||
| PO BOX 198568 | ATLANTA | GA | 30384 | PROFESSIONAL SERVICES | $3,082,076 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 208 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CANDIDATE FEES | 900099 | $198,311,195 | $198,311,195 |
| MEMBERSHIP DUES | 900099 | $45,685,391 | $45,685,391 |
| EDUCATIONAL PRODUCTS | 611710 | $30,840,241 | $30,840,241 |
| ESG PROGRAM COURSE | 900099 | $1,298,453 | $1,298,453 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $276,135,280 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,191,622 | TotalRevenueColumnAmt |
| Exclusion | $11,191,622 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $607,839 | TotalRevenueColumnAmt |
| Exclusion | $607,839 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $77,270 | 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 | $77,270 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,270 | TotalRevenueColumnAmt |
| Exclusion | $77,270 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $29,300,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $18,448,765 | SecuritiesAmt |
| Other | $58,370 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,851,235 | SecuritiesAmt |
| Other | -$58,370 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,792,865 | TotalRevenueColumnAmt |
| Exclusion | $10,792,865 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADVERTISING | 900099 | $428,547 | $428,547 |
| SERVICE FEE REP. OFFICE | 900099 | $219,600 | $219,600 |
| MISCELLANEOUS | 900099 | $168,210 | $168,210 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $816,357 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $299,621,233 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $276,951,637 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $22,669,596 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,294,467 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,217,111 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,156,946 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,575,473 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,081,268 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,795,566 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,855,134 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,569 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,495,048 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,807,962 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $195,274 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,358,421 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,876,235 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,911,518 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,929,659 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,335,985 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $471,913 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,489,950 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,531 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,975,485 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,439,338 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| EXAM ADMIN EXPENSES | $54,784,415 |
| PRODUCT MERCH COSTS | $9,645,585 |
| CONTRACT LABOR & RECRUI | $3,234,396 |
| STAFF TRAINING | $419,252 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,931,181 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,566,682 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,282,818 | BOYAmt |
| EOY | $22,751,548 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,275,911 | BOYAmt |
| EOY | $132,843,069 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,958,094 | BOYAmt |
| EOY | $7,100,184 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $722,782 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,658,554 | BOYAmt |
| EOY | $16,189,670 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $21,853,261 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $17,015,706 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,778,309 | BOYAmt |
| EOY | $4,837,555 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $464,762,266 | BOYAmt |
| EOY | $537,809,723 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,384,094 | BOYAmt |
| EOY | $14,004,612 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,021,061 | BOYAmt |
| EOY | $9,021,063 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $709,843,889 | BOYAmt |
| EOY | $744,557,424 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,901,797 | BOYAmt |
| EOY | $59,059,130 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $391,753,021 | BOYAmt |
| EOY | $370,222,205 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,162,643 | BOYAmt |
| EOY | $2,514,036 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $447,817,461 | BOYAmt |
| EOY | $431,795,371 | 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 | $262,026,428 | BOYAmt |
| EOY | $312,762,053 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $262,026,428 | BOYAmt |
| EOY | $312,762,053 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $709,843,889 | BOYAmt |
| EOY | $744,557,424 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $54,551 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $51,331,174 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | -$650,100 | DonatedServicesAndUseFcltsAmt |
| Other Changes In Net Assets | $0 | 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 | $45,685,391 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $117,932 | NonDeductibleLbbyngPltclCYAmt |
| Non Deductible Lbbyng Pltcl Tot | $117,932 | NonDeductibleLbbyngPltclTotAmt |
| Taxable | $117,932 | TaxableAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,175,755 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,803,674 | DepreciationAmt |
| Book Value | $2,372,081 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,677,506 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,212,032 | DepreciationAmt |
| Book Value | $2,465,474 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,837,555 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $56,880 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER TAXES PAYABLE | $2,236,951 |
| DUE TO AFFILIATES | $82,610 |
| UNCLAIMED PROPERTY | $135,862 |
| SOCIETY DUES PAYABLE | $1,733 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,514,036 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $355,646,241 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $51,331,174 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $4,830,738 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $56,161,912 | RevenueNotReportedAmt |
| Revenue Subtotal | $299,484,329 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $195,274 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$58,370 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $136,904 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $299,621,233 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $304,910,616 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $5,480,838 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $58,370 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $5,539,208 | ExpensesNotReportedAmt |
| Expenses Subtotal | $299,371,408 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $195,274 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $195,274 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $299,566,682 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 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 4B - OTHER ADJUSTMENTS: | LOSS ON SALE OF ASSETS -58,370. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON SALE OF ASSETS 58,370. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (18 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| MIDDLE EAST AND NORTH AFRICA | 1 | 6 | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $1,274,311 |
| EUROPE | 2 | 50 | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $15,133,902 |
| EAST ASIA AND THE PACIFIC | 6 | 58 | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $16,259,976 |
| SOUTH ASIA | 1 | 12 | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $2,059,668 |
| CENTRAL AMERICA/CARIBBEAN | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $61,706 | ||
| NORTH AMERICA | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $325,871 | ||
| RUSSIA/INDEPENDENT STATES | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $18,974 | ||
| SOUTH AMERICA | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $55,034 | ||
| SUB-SAHARAN AFRICA | PROGRAM SERVICES | MEMBER & ADMIN SUPPORT | $117,711 | ||
| CENTRAL AMERICA/CARIBBEAN | GRANTMAKING | N/A | $218,555 | ||
| EAST ASIA AND THE PACIFIC | GRANTMAKING | N/A | $2,768,945 | ||
| EUROPE | GRANTMAKING | N/A | $4,345,645 | ||
| MIDDLE EAST AND NORTH AFRICA | GRANTMAKING | N/A | $483,147 | ||
| NORTH AMERICA | GRANTMAKING | N/A | $2,109,307 | ||
| RUSSIA/INDEPENDENT STATES | GRANTMAKING | N/A | $275,530 | ||
| SOUTH AMERICA | GRANTMAKING | N/A | $535,681 | ||
| SOUTH ASIA | GRANTMAKING | N/A | $949,485 | ||
| SUB-SAHARAN AFRICA | GRANTMAKING | N/A | $530,815 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 10 | SubtotalOfficesCnt |
| Subtotal Employees | 126 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 10 | TotalOfficeCnt |
| Total Employee | 126 | TotalEmployeeCnt |
| Subtotal Spent | $35,189,442 | SubtotalSpentAmt |
| Continuation Spent | $12,334,821 | ContinuationSpentAmt |
| Total Spent | $47,524,263 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (95 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|
| CENT. AMERICA/CARIBBEAN | GEN SUPPORT | $17,650 | WIRE/CHECK | N/A | N/A |
| CENT. AMERICA/CARIBBEAN | GEN SUPPORT | $49,762 | WIRE/CHECK | N/A | N/A |
| CENT. AMERICA/CARIBBEAN | GEN SUPPORT | $33,370 | WIRE/CHECK | N/A | N/A |
| CENT. AMERICA/CARIBBEAN | GEN SUPPORT | $37,418 | WIRE/CHECK | N/A | N/A |
| CENT. AMERICA/CARIBBEAN | GEN SUPPORT | $41,260 | WIRE/CHECK | N/A | N/A |
| CENT. AMERICA/CARIBBEAN | GEN SUPPORT | $39,095 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $472,201 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $549,736 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $95,670 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $173,982 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $166,836 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $435,781 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $112,135 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $27,537 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $49,585 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $125,403 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $350,672 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $88,600 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $65,104 | WIRE/CHECK | N/A | N/A |
| EAST ASIA/PACIFIC | GEN SUPPORT | $51,804 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $51,349 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $33,675 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $179,381 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $569,876 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $10,000 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $641,070 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $210,537 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $63,810 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $190,973 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $66,882 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $71,455 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $48,170 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $62,792 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $40,320 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $39,970 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $42,833 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $519,077 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $605,729 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $132,490 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $65,954 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $35,105 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $59,420 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $34,979 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $35,915 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $54,960 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $65,724 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $78,312 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $147,386 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $30,000 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $42,405 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $80,746 | WIRE/CHECK | N/A | N/A |
| EUROPE/ICELAND/GREENLAND | GEN SUPPORT | $34,350 | WIRE/CHECK | N/A | N/A |
| MIDDLE EAST/NORTH AFRICA | GEN SUPPORT | $47,350 | WIRE/CHECK | N/A | N/A |
| MIDDLE EAST/NORTH AFRICA | GEN SUPPORT | $124,795 | WIRE/CHECK | N/A | N/A |
| MIDDLE EAST/NORTH AFRICA | GEN SUPPORT | $44,875 | WIRE/CHECK | N/A | N/A |
| MIDDLE EAST/NORTH AFRICA | GEN SUPPORT | $40,640 | WIRE/CHECK | N/A | N/A |
| MIDDLE EAST/NORTH AFRICA | GEN SUPPORT | $38,460 | WIRE/CHECK | N/A | N/A |
| MIDDLE EAST/NORTH AFRICA | GEN SUPPORT | $50,685 | WIRE/CHECK | N/A | N/A |
| MIDDLE EAST/NORTH AFRICA | GEN SUPPORT | $44,477 | WIRE/CHECK | N/A | N/A |
| MIDDLE EAST/NORTH AFRICA | GEN SUPPORT | $41,060 | WIRE/CHECK | N/A | N/A |
| MIDDLE EAST/NORTH AFRICA | GEN SUPPORT | $10,160 | WIRE/CHECK | N/A | N/A |
| MIDDLE EAST/NORTH AFRICA | GEN SUPPORT | $34,645 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $591,128 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $126,304 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $38,679 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $44,690 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $69,465 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $150,745 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $119,907 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $227,270 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $465,915 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $54,723 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $41,950 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $33,065 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $53,640 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $48,053 | WIRE/CHECK | N/A | N/A |
| NORTH AMERICA | GEN SUPPORT | $40,082 | WIRE/CHECK | N/A | N/A |
| RUSSIA/NEWLY IND. STATES | GEN SUPPORT | $155,065 | WIRE/CHECK | N/A | N/A |
| RUSSIA/NEWLY IND. STATES | GEN SUPPORT | $81,045 | WIRE/CHECK | N/A | N/A |
| RUSSIA/NEWLY IND. STATES | GEN SUPPORT | $39,420 | WIRE/CHECK | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $282,300 | WIRE/CHECK | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $47,435 | WIRE/CHECK | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $46,411 | WIRE/CHECK | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $66,726 | WIRE/CHECK | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $51,969 | WIRE/CHECK | N/A | N/A |
| SOUTH AMERICA | GEN SUPPORT | $40,840 | WIRE/CHECK | N/A | N/A |
| SOUTH ASIA | GEN SUPPORT | $68,711 | WIRE/CHECK | N/A | N/A |
| SOUTH ASIA | GEN SUPPORT | $42,175 | WIRE/CHECK | N/A | N/A |
| SOUTH ASIA | GEN SUPPORT | $691,466 | WIRE/CHECK | N/A | N/A |
| SOUTH ASIA | GEN SUPPORT | $147,133 | WIRE/CHECK | N/A | N/A |
| SUB-SAHARAN AFRICA | GEN SUPPORT | $217,966 | WIRE/CHECK | N/A | N/A |
| SUB-SAHARAN AFRICA | GEN SUPPORT | $38,825 | WIRE/CHECK | N/A | N/A |
| SUB-SAHARAN AFRICA | GEN SUPPORT | $49,649 | WIRE/CHECK | N/A | N/A |
| SUB-SAHARAN AFRICA | GEN SUPPORT | $34,850 | WIRE/CHECK | N/A | N/A |
| SUB-SAHARAN AFRICA | GEN SUPPORT | $189,525 | WIRE/CHECK | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 101 | 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 MAKE ALL BOOKS AND RECORDS RELATED TO THE USE OF THE GRANT FUNDS AVAILABLE TO CFA INSTITUTE FOR A PERIOD OF FOUR YEARS AFTER ALL FUNDS HAVE BEEN EXPENDED. CFA INSTITUTE IS ALSO ABLE TO CONDUCT AN AUDIT OF THE SOCIETY GRANT RECIPIENTS WITHIN A YEAR AFTER GRANT FUNDS HAVE BEEN FULLY EXPENDED. 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 (72 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | 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) | $67,614 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETIES TEXAS | ||||||||||
| PO BOX 1467 | AUSTIN | TX | 787671467 | 454833185 | 501(C)(6) | $41,327 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ALABAMA | ||||||||||
| 100 OFFICE PARK DR | BIRMINGHAM | AL | 35223 | 631064381 | 501(C)(6) | $40,090 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ARKANSAS | ||||||||||
| 111 CENTER STREET 1ST FLOOR | LITTLE ROCK | AR | 72201 | 582055805 | 501(C)(6) | $34,580 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ATLANTA | ||||||||||
| 4355 COBB PARKWAY SUITE J 533 | ATLANTA | GA | 30339 | 581105110 | 501(C)(6) | $8,530 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY AUSTIN | ||||||||||
| PO BOX 1467 | AUSTIN | TX | 787671467 | 721621543 | 501(C)(6) | $55,231 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY BALTIMORE | ||||||||||
| 575 S CHARLES ST STE 500 | BALTIMORE | MD | 21201 | 520895933 | 501(C)(6) | $67,354 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY BOSTON | ||||||||||
| 2 FINANCIAL CENTER SUITE 1010 6 | BOSTON | MA | 02111 | 237069432 | 501(C)(6) | $307,017 | N/A | N/A | GEN SUPPORT | SOUTH STREET |
| CFA SOCIETY BUFFALO | ||||||||||
| PO BOX 529 ELLICOTT STATION | BUFFALO | NY | 14205 | 205170662 | 501(C)(6) | $37,936 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY CHICAGO | ||||||||||
| 134 N LASALLE ST SUITE 174 | CHICAGO | IL | 60602 | 362595074 | 501(C)(6) | $243,510 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY CINCINNATI | ||||||||||
| 4010 EXECUTIVE PARK DRIVE SUITE 1 | CINCINATTI | OH | 45241 | 237094427 | 501(C)(6) | $51,050 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY CLEVELAND | ||||||||||
| 3637 MEDINA RD STE 110 | MEDINA | OH | 441222126 | 237065462 | 501(C)(6) | $54,041 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY COLORADO | ||||||||||
| 6057 LAKEVIEW ST | LITTLETON | CO | 80120 | 840585027 | 501(C)(6) | $94,908 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY COLUMBUS | ||||||||||
| PO BOX 25 | BLACKLICK | OH | 43004 | 311393658 | 501(C)(6) | $34,071 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY DALLASFORT WORTH | ||||||||||
| PO BOX 8205116 | DALLAS | TX | 75382 | 237078748 | 501(C)(6) | $100,447 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY DAYTON | ||||||||||
| 10 N LUDLOW ST STE 800 | TROY | OH | 45373 | 260659612 | 501(C)(6) | $17,928 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY DETROIT | ||||||||||
| 35464 JEFFERS COURT | HARRISON TWP | MI | 48045 | 386087152 | 501(C)(6) | $52,734 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY EAST TENNESSEE | ||||||||||
| 1301 COWART STREET STE 131 | CHATTANOOGA | TN | 37402 | 585301049 | 501(C)(6) | $35,659 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY HARTFORD | ||||||||||
| PO BOX 182 | NORTH GRANBY | CT | 06060 | 060964607 | 501(C)(6) | $62,272 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY HAWAII | ||||||||||
| PO BOX 580 | AUSTIN | HI | 968090580 | 870753677 | 501(C)(6) | $35,280 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY HOUSTON | ||||||||||
| 10401 WESTOFFICE DRIVE | HOUSTON | TX | 77042 | 237004744 | 501(C)(6) | $77,305 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY IDAHO | ||||||||||
| 7661 W RIVERSIDE DR 105 | BOISE | ID | 83714 | 043704521 | 501(C)(6) | $33,479 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY INDIANAPOLIS | ||||||||||
| PO BOX 90232 | INDIANAPOLIS | IN | 46290 | 237119206 | 501(C)(6) | $47,833 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY IOWA | ||||||||||
| 711 HIGH STREET | DES MOINES | IA | 503920800 | 421152989 | 501(C)(6) | $51,456 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY JACKSONVILLE | ||||||||||
| 1579 THE GREENS WAY SUITE 20 | JACKSONVILLE BEACH | FL | 32250 | 591606008 | 501(C)(6) | $40,174 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY KANSAS CITY | ||||||||||
| 330 WENNEKER DRIVE | ST LOUIS | MO | 63124 | 820560661 | 501(C)(6) | $37,275 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY LOS ANGELES | ||||||||||
| 520 S GRAND AVENUE 655 | LOS ANGELES | CA | 90071 | 956069970 | 501(C)(6) | $185,299 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY LOUISIANA | ||||||||||
| 228 ST CHARLES AVE STE 200 | NEW ORLEANS | LA | 70130 | 720947195 | 501(C)(6) | $21,711 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY LOUISVILLE | ||||||||||
| PO BOX 36947 | LOUISVILLE | KY | 402022451 | 611333979 | 501(C)(6) | $39,791 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MADISON | ||||||||||
| 1241 JOHN Q HAMMONS DRIVE | MADISON | WI | 53717 | 391929703 | 501(C)(6) | $42,844 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MAINE | ||||||||||
| PO BOX 258 | BAR HARBOR | ME | 04609 | 043547791 | 501(C)(6) | $36,755 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MEMPHIS | ||||||||||
| 5118 PARK AVE SUITE 308 | MEMPHIS | TN | 38117 | 621636928 | 501(C)(6) | $40,635 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MIAMI | ||||||||||
| PO BOX 960901 | MIAMI | FL | 332960901 | 611572381 | 501(C)(6) | $52,667 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MILWAUKEE | ||||||||||
| 100 EAST WISCONSIN AVE STE 2400 | MILWAUKEE | WI | 53202 | 237072850 | 501(C)(6) | $61,283 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MINNESOTA | ||||||||||
| 1300 RAND TOWER 527 MARQUETTE AVE | MINNEAPOLIS | MN | 55402 | 411861989 | 501(C)(6) | $98,912 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY MISSISSIPPI | ||||||||||
| 1018 HIGHLAND COLONY PKWY STE 600 | RIDGELAND | MS | 39157 | 640716591 | 501(C)(6) | $33,790 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NAPLES | ||||||||||
| 11094 RIVER TRENT COURT | LEHIGH ACRES | FL | 33971 | 593405436 | 501(C)(6) | $36,369 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NASHVILLE | ||||||||||
| 7003 CHADWICK DR 350 | BRENTWOOD | TN | 37027 | 621181717 | 501(C)(6) | $45,123 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NEBRASKA | ||||||||||
| PO BOX 80685 | LINCOLN | NE | 68501 | 470667513 | 501(C)(6) | $43,400 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NEVADA | ||||||||||
| 2251 S FT APADIE RAD | LAS VEGAS | NV | 89117 | 200195946 | 501(C)(6) | $35,695 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NEW MEXICO | ||||||||||
| PO BOX 36947 | ALBURQUERQUE | NM | 87176 | 850454738 | 501(C)(6) | $36,987 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NEW YORK | ||||||||||
| 1540 BROADWAY SUITE 11 | NEW YORK | NY | 10036 | 135610350 | 501(C)(3) | $783,284 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY NORTH CAROLINA | ||||||||||
| 3004 OXBOW CT | RALEIGH | NC | 27613 | 561824044 | 501(C)(6) | $152,355 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY OKLAHOMA | ||||||||||
| PO BOX 13006 | OKLAHOMA CITY | OK | 73113 | 203779358 | 501(C)(6) | $69,112 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ORANGE COUNTY | ||||||||||
| 4533 MACARTHUR BLVD SUITE 182 | NEWPORT BEACH | CA | 92660 | 330228558 | 501(C)(6) | $62,122 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ORLANDO | ||||||||||
| PO BOX 2783 | ORLANDO | FL | 32802 | 593213363 | 501(C)(6) | $44,149 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY PHILADELPHIA | ||||||||||
| 100 NORTH 20TH STREET - 4TH FLOOR | PHILADELPHIA | PA | 19103 | 236395738 | 501(C)(6) | $177,194 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY PHOENIX | ||||||||||
| 16435 N SCOTTSDALE ROAD 105 | SCOTTSDALE | AZ | 852541525 | 860469879 | 501(C)(6) | $51,669 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY PITTSBURGH | ||||||||||
| PO BOX 1212 | PITTSBURGH | PA | 15230 | 251421153 | 501(C)(6) | $56,115 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY PORTLAND | ||||||||||
| PO BOX 434 | PORTLAND | OR | 97207 | 237358083 | 501(C)(6) | $51,346 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY PROVIDENCE | ||||||||||
| PO BOX 41027 | PROVIDENCE | RI | 02940 | 237069442 | 501(C)(6) | $37,089 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ROCHESTER | ||||||||||
| 2 BERRYWOOD CIRCLE | PENFIELD | NY | 14526 | 160977751 | 501(C)(6) | $43,415 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SACRAMENTO | ||||||||||
| 915 L STREET SUITE C-252 | SACRAMENTO | CA | 95814 | 943315268 | 501(C)(6) | $42,039 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SALT LAKE | ||||||||||
| 150 SOCIAL HALL | SALT LAKE CITY | UT | 84145 | 611526448 | 501(C)(6) | $45,925 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SAN ANTONIO | ||||||||||
| 12526 LA AVENTURA ST | SAN ANTONIO | TX | 78233 | 741660459 | 501(C)(6) | $41,194 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SAN DIEGO | ||||||||||
| PO BOX 928456 | SAN DIEGO | CA | 921928456 | 237069278 | 501(C)(6) | $71,820 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SAN FRANCISCO | ||||||||||
| 235 MONTGOMERY ST 725 | SAN FRANCISCO | CA | 94104 | 946078576 | 501(C)(6) | $216,971 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SEATTLE | ||||||||||
| PO BOX 7455 | BONNEY LAKE | WA | 98391 | 911164972 | 501(C)(6) | $90,642 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SOUTH CAROLINA | ||||||||||
| 2711 MIDDLEBURG DR SUITE 316 | COLUMBIA | SC | 29204 | 571134283 | 501(C)(6) | $38,546 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SOUTH FLORIDA | ||||||||||
| 8602 TOURMALINE BLVD | BOYNTON BEACH | FL | 33437 | 300325375 | 501(C)(6) | $50,002 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY SPOKANE | ||||||||||
| 808 W SPOKANE FALLS BLVD | SPOKANE | WA | 99201 | 911592696 | 501(C)(6) | $37,683 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY ST LOUIS | ||||||||||
| 330 WENNEKER DRIVE | ST LOUIS | MO | 63124 | 436031785 | 501(C)(6) | $74,141 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY STAMFORD | ||||||||||
| 6 OLIVER STREET HARBOR VIEW | SOUTH NORWALK | CT | 06854 | 061513527 | 501(C)(6) | $62,775 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY TAMPA BAY | ||||||||||
| 12157 W LINEBAUGH AVE PMB 312 | TAMPA | FL | 336261732 | 510669210 | 501(C)(6) | $79,608 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY TUCSON | ||||||||||
| 1820 E RIVER ROAD | TUCSON | AZ | 85718 | 462993396 | 501(C)(6) | $32,989 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY VERMONT | ||||||||||
| 110 MAIN STREET STE 201 | BURLINGTON | VT | 05401 | 043374500 | 501(C)(6) | $35,070 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY VIRGINIA | ||||||||||
| PO BOX 31441 | RICHMOND | VA | 23294 | 541429832 | 501(C)(6) | $57,245 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY WASHINGTON DC | ||||||||||
| 1401 NEW YORK AVE NW SUITE 33 | WASHINGTON | DC | 20005 | 237360649 | 501(C)(6) | $143,741 | N/A | N/A | GEN SUPPORT | |
| CFA SOCIETY WEST MICHIGAN | ||||||||||
| 134 N LASALLE ST | KALAMAZOO | MI | 49009 | 380892650 | 501(C)(6) | $37,748 | N/A | N/A | GEN SUPPORT | |
| COLUMBIA UNIVERSITY | ||||||||||
| 435 WEST 116TH ST BOX F-18 | NEW YORK | NY | 10027 | 135598093 | 501(C)(3) | $45,000 | N/A | N/A | GEN SUPPORT | |
| MARSH USA INC | ||||||||||
| 1950 N STEMMONS FREEWAY SUITE 5010 | DALLAS | TX | 75207 | 361436000 | 501(C)(6) | $13,116 | N/A | N/A | GEN SUPPORT | |
| THE INSTITUTE FOR THE FIDUCIARY STANDARD | ||||||||||
| PO BOX 3201 | WEST MCLEAN | VA | 22103 | 452592011 | 501(C)(6) | $10,000 | N/A | N/A | GEN SUPPORT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 69 | 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 MAKE ALL BOOKS AND RECORDS RELATED TO THE USE OF THE GRANT FUNDS AVAILABLE TO CFA INSTITUTE FOR A PERIOD OF FOUR YEARS AFTER ALL FUNDS HAVE BEEN EXPENDED. CFA INSTITUTE IS ALSO ABLE TO CONDUCT AN AUDIT OF THE SOCIETY GRANT RECIPIENTS WITHIN A YEAR AFTER GRANT FUNDS HAVE BEEN FULLY EXPENDED. 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. 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 |
| 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 (19 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALLISON HOLMES | ||||||||||||||
| CHIEF FIN & RISK OFFICER (EXIT 8/21) | $350,000 | $0 | $225,000 | $0 | $5,154 | $0 | $34,200 | $0 | $27,879 | $0 | $642,233 | $0 | $0 | $0 |
| MARGARET FRANKLIN CFA | ||||||||||||||
| PRES & CEO & RESRCH FDN BD MEM | $550,000 | $0 | $0 | $0 | $8,892 | $0 | $34,200 | $0 | $9,828 | $0 | $602,920 | $0 | $0 | $0 |
| EMILY DUNBAR | ||||||||||||||
| MANAGING DIR. (EXIT 6/30/20) | $134,788 | $0 | $0 | $0 | $395,590 | $0 | $17,854 | $0 | $7,752 | $0 | $555,984 | $0 | $0 | $0 |
| NICK POLLARD | ||||||||||||||
| MANAGING DIRECTOR | $339,028 | $0 | $0 | $0 | $34,502 | $0 | $76,211 | $0 | $26,247 | $0 | $475,988 | $0 | $0 | $0 |
| MARTIN COLBURN | ||||||||||||||
| MANAGING DIRECTOR | $300,000 | $0 | $120,000 | $0 | $9,558 | $0 | $34,200 | $0 | $6,251 | $0 | $470,009 | $0 | $0 | $0 |
| STEPHEN M HORAN CFA | ||||||||||||||
| MANAGING DIRECTOR (EXIT 3/1/21) | $355,000 | $0 | $22,660 | $0 | $4,749 | $0 | $34,200 | $0 | $28,351 | $0 | $444,960 | $0 | $0 | $0 |
| GARY BAKER | ||||||||||||||
| MANAGING DIRECTOR (EXIT 5/1/21) | $359,435 | $0 | $0 | $0 | $29,900 | $0 | $39,538 | $0 | $13,146 | $0 | $442,019 | $0 | $0 | $0 |
| KURT N SCHACHT CFA | ||||||||||||||
| SENIOR HEAD ADVOCACY | $250,000 | $0 | $108,425 | $0 | $10,168 | $0 | $30,000 | $0 | $24,835 | $0 | $423,428 | $0 | $0 | $0 |
| SHERI LYNN LITTLEFIELD | ||||||||||||||
| CHIEF LEGAL OFFICER | $328,000 | $0 | $19,836 | $0 | $4,395 | $0 | $34,200 | $0 | $20,169 | $0 | $406,600 | $0 | $0 | $0 |
| CHRIS AINSWORTH | ||||||||||||||
| MANAGING DIRECTOR | $325,000 | $0 | $20,900 | $0 | $4,803 | $0 | $34,200 | $0 | $20,679 | $0 | $405,582 | $0 | $0 | $0 |
| MICHAEL COLLINS | ||||||||||||||
| MANAGING DIRECTOR | $315,000 | $0 | $21,210 | $0 | $7,167 | $0 | $34,200 | $0 | $27,234 | $0 | $404,811 | $0 | $0 | $0 |
| PEG JOBST | ||||||||||||||
| MANAGING DIRECTOR | $301,344 | $0 | $6,533 | $0 | $9,492 | $0 | $34,200 | $0 | $27,553 | $0 | $379,122 | $0 | $0 | $0 |
| LEILANI HALL | ||||||||||||||
| MANAGING DIRECTOR | $293,917 | $0 | $14,993 | $0 | $16,527 | $0 | $34,200 | $0 | $12,812 | $0 | $372,449 | $0 | $0 | $0 |
| MARY LEUNG | ||||||||||||||
| HEAD ADVOCACY | $266,475 | $0 | $0 | $0 | $21,918 | $0 | $53,903 | $0 | $25,447 | $0 | $367,743 | $0 | $0 | $0 |
| TONY TAN | ||||||||||||||
| HEAD, ETHICS, STANDARD CONDUCT | $316,394 | $0 | $34,180 | $0 | $0 | $0 | $9,616 | $0 | $98 | $0 | $360,288 | $0 | $0 | $0 |
| MIKE PETERSON | ||||||||||||||
| CHIEF TECHNOLOGY OFFICER | $197,917 | $0 | $112,500 | $0 | $4,697 | $0 | $29,150 | $0 | $13,680 | $0 | $357,944 | $0 | $0 | $0 |
| WILLIAM TOHME | ||||||||||||||
| SENIOR REGIONAL HEAD | $242,989 | $0 | $0 | $0 | $68,064 | $0 | $0 | $0 | $0 | $0 | $311,053 | $0 | $0 | $0 |
| JEFF KNIGHTON | ||||||||||||||
| CONTROLLER (EXIT 8/21) | $214,260 | $0 | $0 | $0 | $2,051 | $0 | $25,711 | $0 | $24,271 | $0 | $266,293 | $0 | $0 | $0 |
| JOSEPH P LANGE | ||||||||||||||
| CORPORATE SECRETARY | $153,117 | $0 | $0 | $0 | $1,769 | $0 | $18,374 | $0 | $21,957 | $0 | $195,217 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | MEMBERS OF THE LEADERSHIP TEAM ARE ELIGIBLE TO BOOK A BUSINESS CLASS FARE (REGARDLESS OF FLIGHT TIME OR SEGMENT MILEAGE). IF THE SELECTED FLIGHT OFFERS A 3-CABIN CONFIGURATION (ECONOMY/BUSINESS/FIRST), A BUSINESS CLASS TICKET IS APPROPRIATE. IF THE SELECTED FLIGHT ONLY OFFERS A 2-CABIN CONFIGURATION (ECONOMY/FIRST), A FIRST CLASS TICKET IS APPROPRIATE. LEADERSHIP TEAM TRAVELERS SHOULD CONSIDER BOTH A FLEXIBLE AND A RESTRICTED TICKET AND SELECT THE FARE THAT PROVIDES THE BEST OPTION FOR THEIR TRAVEL. A FLEXIBLE TICKET IS APPROPRIATE IF ONE'S SCHEDULE IS LIKELY TO CHANGE. A CHANGEABLE, NON-REFUNDABLE TICKET IS APPROPRIATE IF ONE'S SCHEDULE IS FIRM. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: TAX SERVICES FOR EXPATRIATES ARE GROSSED-UP. ALL EXPATRIATES AND INTERNATIONAL ROTATION ASSIGNMENT PROGRAM EMPLOYEES' SALARIES ARE EQUALIZED TO THEIR RESIDENTIAL TAX CODE. 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: THE U.S. WELLNESS PROGRAM CHANGED IN CY2016 FROM A REIMBURSABLE PLAN TO A CREDIT-WELLNESS PROGRAM. HOWEVER, U.S. EMPLOYEES WHO ARE NOT COVERED BY A CFA INSTITUTE HEALTH PLAN, AND NON-U.S. EMPLOYEES ARE STILL ELIGIBLE FOR REIMBURSEMENTS ASSUMING THEY QUALIFY. |
| PART I, LINE 4A | EMILY DUNBAR $377,407 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, 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 CFA INSTITUTE INVESTMENT FOUNDATIONS CURRICULUM. 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 190,990 IN 162 COUNTRIES. CFA INSTITUTE'S MEMBERSHIP INCLUDES 184,446 CFA CHARTERHOLDERS AND EXTENDS ITS REACH INTO LOCAL COMMUNITIES THROUGH A NETWORK OF 160 MEMBER SOCIETIES IN 82 COUNTRIES. 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 UAE. 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 PROVIDED TO THE AUDIT AND FINANCE COMMITTEE MEMBERS AND RETURN COPIES ARE PROVIDED TO EACH BOARD OF GOVERNOR MEMBER 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 COMPRISED OF FOUR 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 PEOPLE AND CULTURE 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 ANNUAL BASIS TO GAUGE THE COMPETITIVENESS OF EXECUTIVE COMPENSATION AT CFA INSTITUTE. THE MOST RECENT EXECUTIVE MARKET STUDY WAS CONDUCTED IN FY2019, 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 PEOPLE AND CULTURE 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. |
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 | $221,206 | $1,308,121 | CFA INSTITUTE | |||||||
| CFA INSTITUTE INDIA PRIVATE LTD | |||||||||||||||
| 702 7TH FLOOR ONE BKC TOWER | MUMBAI | IN | 981196398 | PROF. ORG | IN | $1,695,314 | $2,368,142 | CFA INSTITUTE | MAHARASHTRA | 400051 | |||||
| CFA GLOBAL HOLDINGS LLC | |||||||||||||||
| 471269465 | HOLDINGS | $0 | $0 | CFA INSTITUTE | PO BOX 2083 | CHARLOTTESVILLE | VA | 22902 | VA | ||||||
| SI WEI BEIJING ENTERPRISE MGMT | |||||||||||||||
| 55/F CHINA WORLD TOWER B NO 1 CHAO | BEIJING | CH | 981228213 | PROF. ORG | CH | $4,607,796 | $4,687,851 | CFA CHINA | 100738 | ||||||
| CFA INSTITUTE SINGAPORE PVT LTD | |||||||||||||||
| 30 RAFFLES PL 23-01 | SINGAPORE | SN | 981261400 | PROF. ORG | SN | $905,712 | $580,339 | CFA INSTITUTE | 048622 | ||||||
| CFA INSTITUTE LTD | |||||||||||||||
| PART OF FL 7 AL MAQAM TOWER | ADGM SQUARE | AE | 981442588 | PROF. ORG | AE | $925,143 | $1,345,593 | 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 | PO BOX 2083 | 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 | $282,746,082 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $791,594,990 | 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 | Yes (1) | 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 (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CFA INSTITUTE RESEARCH FOUNDATION | ||
| O | $650,100 | HISTORICAL COST |
| CFA INSTITUTE RESEARCH FOUNDATION | ||
| B | $67,614 | HISTORICAL COST |