INSTITUTE OF INTERNATIONAL FINANCE INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- INSTITUTE OF INTERNATIONAL FINANCE INC (EIN 52-1289843)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-08-09
- IRS object ID
- 202122219349301442
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-08-09T15:43:30-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 111986323 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1899 L STREET NW SUITE 850 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521289843 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSTITUTE OF INTERNATIONAL FINANCE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INST | BusinessNameControlTxt |
| Phone | 2028573600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1333 H STREET NW NO 800E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY D ADAMS | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 2028573600 | PhoneNum |
| Signature | 2021-08-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TIMOTHY | PersonFirstNm |
| Person Last | ADAMS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FRANK H SMITH | PreparerPersonNm |
| PTIN | P00639053 | PTIN |
| Phone | 2022274000 | PhoneNum |
| Preparation | 2021-08-09 | PreparationDt |
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) |
|---|---|---|
| Principal Officer | TIMOTHY D ADAMS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1333 H STREET NW NO 800E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $38,894,701 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.IIF.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | TO SUPPORT FINANCIAL INDUSTRY IN PRUDENTLY MANAGING RISKS AND TO FOSTER GLOBAL FINANCIAL STABILITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 45 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 44 | VotingMembersIndependentCnt |
| Total Employee | 83 | TotalEmployeeCnt |
| Total Volunteers | 44 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,245,877 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $32,896,546 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $30,251,998 | CYProgramServiceRevenueAmt |
| PY Investment Income | $609,661 | PYInvestmentIncomeAmt |
| CY Investment Income | $234,237 | CYInvestmentIncomeAmt |
| PY Other Revenue | $97,899 | PYOtherRevenueAmt |
| CY Other Revenue | $163,994 | CYOtherRevenueAmt |
| PY Total Revenue | $33,604,106 | PYTotalRevenueAmt |
| CY Total Revenue | $31,896,106 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,415,312 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $23,509,877 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,060,144 | PYOtherExpensesAmt |
| CY Other Expenses | $9,124,719 | CYOtherExpensesAmt |
| PY Total Expenses | $33,475,456 | PYTotalExpensesAmt |
| CY Total Expenses | $32,634,596 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $128,650 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$738,490 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $43,892,546 | TotalAssetsBOYAmt |
| Total Assets EOY | $44,779,369 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,463,799 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,619,495 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $26,428,747 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $28,159,874 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | RESEARCH ON EM ECONOMIC/FINANCIAL RISKS AND SOVEREIGN DEBT VULNERABILITIES. IN 2020, WE FOCUSED ON ANALYZING HOW THE PANDEMIC AND THE ACCOMPANYING ECONOMIC CRISIS HAS INTENSIFIED RISKS AND VULNERABILITIES AMONG FRONTIER AND EMERGING MARKETS (EM) AND WHETHER THERE WILL BE A SURGE OF SOVEREIGN DEBT RESTRUCTURINGS. IN ORDER TO MONITOR THE RECOVERY EFFORTS ACROSS EM, THE IIF DEVELOPED A COMPREHENSIVE DATABASE OF POLICY AND REGULATORY RESPONSES, EXPANDED OUR CAPITAL FLOWS COVERAGE TO FRONTIER MARKETS (FM), AND PUBLISHED NEW DATABASES THAT TRACK FLOWS TO LOCAL MARKET DEBT. ALSO, WHILE THE CURRENT HEALTH PANDEMIC MUST REMAIN A TOP PRIORITY, COVID-19 HAS BROUGHT BROADER ESG CHALLENGES INTO MUCH GREATER FOCUS, AND WE ANALYZED THE NEED FOR STRUCTURAL REFORM IN EMERGING MARKET SOVEREIGN DEBT FINANCING, EMPHASIZING SUPPORT FOR SUSTAINABLE LONG-TERM CAPITAL FLOWS AND INNOVATIVE PUBLIC-PRIVATE SECTOR SOLUTIONS. FINALLY, WE CONTINUED TO COLLABORATE WITH THE OECD AS THE HOST REPOSITORY FOR THE VOLUNTARY PRINCIPLES FOR DEBT TRANSPARENCY.EM MACROECONOMIC RESEARCH: THIS PAST YEAR, IIF'S COMPREHENSIVE MACROECONOMIC RESEARCH, INCLUDING OUR FLAGSHIP PUBLICATIONS GLOBAL MACRO VIEWS, ECONOMIC VIEWS, AND MACRO NOTES, FOCUSED ON KEY THEMES IN THE CONTEXT OF THE COVID-19 SHOCK, INCLUDING UNPRECEDENTED CAPITAL FLIGHT; VULNERABILITIES AND POLICY RESPONSES; AND PROSPECTS FOR RECOVERY. CAPITAL FLOWS RESEARCH: OUR CAPITAL FLOWS RESEARCH REPORTS HIGHLIGHTED THE UNPRECEDENTED SCALE OF OUTFLOWS FROM EM AND UNDERLYING DRIVERS. WE ALSO PUBLISHED FORWARD-LOOKING ANALYSIS ON EXTERNAL FINANCING GAPS TO HELP MARKETS ASSESS WHERE DOLLAR SHORTAGES AND MATURITY MISMATCHES ARE GREATEST. IN ADDITION, WE REGULARLY UPDATED OUR TRACKING OF EXCHANGE RATE FAIR VALUES ACROSS EM. ANALYSIS OF POLICY RESPONSES: WE COMPILED A TRACKER OF FISCAL AND MONETARY POLICY EASING ACTIONS ACROSS EM AND CAREFULLY TRACKED THE GROWING CALLS FOR QE ACROSS EM, GIVEN THE NEED TO FINANCE RAPIDLY WIDENING BUDGET DEFICITS. WE ALSO FLAGGED VULNERABILITIES ACROSS THE EM COMPLEX, HIGHLIGHTING REGION-SPECIFIC AND COUNTRY-SPECIFIC FACTORS THAT MAY ACCENTUATE RISK FACTORS.PROSPECTS FOR RECOVERY: WE INCREASED THE FREQUENCY OF OUR GROWTH AND CAPITAL FLOWS FORECAST UPDATES, GIVEN THE RAPIDLY EVOLVING SITUATION AROUND COVID-19 AND THE NEED TO ASSESS WHERE PROSPECTS FOR RECOVERY ARE BEST. THE OUTLOOK REMAINS VERY FLUID AND THIS RESEARCH AREA WILL OCCUPY A LOT OF OUR FOCUS GOING FORWARD. PRIVATE SECTOR PARTICIPATION IN THE DSSI AND RELATED EFFORTS TO ASSIST VULNERABLE COUNTRIES: IIF REPORTED ON KEY CHALLENGES TO THE DEBT SERVICE SUSPENSION INITIATIVE (DSSI), SUCH AS DEFINING NPV NEUTRALITY, ACHIEVING TRANSPARENCY AND INTER-CREDITOR EQUITY, FIDUCIARY OBLIGATIONS, AND PRESERVING MARKET ACCESS ETC., BUT ALSO BUILT A VALUABLE TOOLKIT TO SUPPORT VOLUNTARY PRIVATE SECTOR PARTICIPATION. WE ALSO PUBLISHED THE TERMS OF REFERENCE FOR VOLUNTARY PRIVATE SECTOR PARTICIPATION IN THE G20/PARIS CLUB DSSI. THE GROUP OF TRUSTEES OF THE PRINCIPLES FOR STABLE CAPITAL FLOWS AND FAIR DEBT RESTRUCTURING: IN 2020, THE GROUP OF TRUSTEES HIGHLIGHTED THREE KEY MESSAGES. FIRST, LIQUIDITY PROBLEMS THAT PERSIST BEYOND THE SHORT TERM ARE REALLY SOLVENCY PROBLEMS AND SHOULD BE ADDRESSED USING WELL-ESTABLISHED MECHANISMS, INCLUDING AN IMF PROGRAM AND GOOD-FAITH DEBT RESTRUCTURING NEGOTIATIONS. SECOND, WHILE TRUE LIQUIDITY PROBLEMS MAY NOT REQUIRE POLICY CONDITIONALITY, EFFECTIVE RESOLUTION OF SOLVENCY CHALLENGES CANNOT BE FOUND WITHOUT IT. THIRD, EFFECTIVE SOLUTIONS TO THE DEBT PROBLEMS OF LOW-INCOME AND DEVELOPING COUNTRIES WILL REQUIRE MORE ACTIVE PARTICIPATION FROM THE MULTILATERALS SOME OF THE LARGEST CREDITORS TO THESE COUNTRIES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADVOCACY ON GLOBAL FINANCIAL REGULATORY ISSUES: THE IMPACT OF THE COVID-19 PANDEMIC IN 2020 REPRESENTED A WATERSHED MOMENT FOR FINANCIAL REGULATION. IIF WORKED WITH REGULATORS, SUPERVISORS, AND STANDARD-SETTING BODIES TO EVALUATE AND EXCHANGE INSIGHTS ON HOW THE FINANCIAL SYSTEM FUNCTIONED DURING THE COVID-19 CRISIS AND CONTINUED TO PUSH BACK AGAINST REGULATORY FRAGMENTATION. IIF ALSO CONTINUED TO PRIORITIZE AML/CFT POLICY REFORM, ALIGNING EFFORTS INTERNATIONALLY AND ADVOCATING FOR ROBUST CHANGES TO ENHANCE INFORMATION SHARING, INCREASE BENEFICIAL OWNERSHIP TRANSPARENCY AND EXPAND THE USE OF TECHNOLOGICAL INNOVATION. WE ALSO BUILT ON OUR CYBER SECURITY WORK WITH AN EMPHASIS ON ADDRESSING REGULATORY FRAGMENTATION, CYBER INCIDENT REPORTING AND THE RELATED TOPIC OF OPERATIONAL RESILIENCE.REGULATORY RESPONSE TO COVID-19: DURING 2020, IIF ENGAGED WITH POLICYMAKERS TO ANALYZE AND PROVIDE FEEDBACK ON THE POLICY RESPONSE TO THE COVID-19 CRISIS. THE IIF ALSO CONTINUED ITS ANALYSIS OF THE IMPACT AND RELATED EFFECTS OF NEW RULES AND SUPERVISORY GUIDANCE, UNDERSCORING THE IMPORTANCE OF IMPACT ASSESSMENTS AND PROMOTING GREATER CROSS-BORDER REGULATORY CONSISTENCY AND THE AVOIDANCE OF FRAGMENTATION AND UNINTENDED CONSEQUENCES. THE IIF ALSO COMPILED A DATABASE SUMMARIZING EACH OF THE PRUDENTIAL REGULATORY MEASURES TAKEN TO DATE BY THE G20 AND OTHER LEADING JURISDICTIONS.PRUDENTIAL CAPITAL: IIF PARTICIPATED IN A DATA STUDY FOCUSING ON THE TRADING AND MARKET RISK ELEMENTS OF THE BASEL CAPITAL FRAMEWORK. IIF ALSO SUBMITTED INDUSTRY RESPONSES TO THE BASEL COMMITTEE ON BANKING SUPERVISION'S (BCBS) CONSULTATIVE DOCUMENTS ON THE "CAPITAL TREATMENT OF SECURITIZATIONS OF NON-PERFORMING LOANS AND REVISIONS TO ITS "PRINCIPLES FOR THE SOUND MANAGEMENT OF OPERATIONAL RISK."AML-CFT/ILLICIT FINANCE: IIF PROVIDED INDUSTRY INPUT ON NEW GUIDANCE AND STANDARDS EMANATING FROM THE FINANCIAL ACTION TASK FORCE, THE BCBS WORKING GROUP ON AML/CFT, AND NATIONAL AND REGIONAL SUPERVISORS AND LAW ENFORCEMENT AGENCIES. THE FOCUS REMAINS ON THREE KEY AREAS OF SYSTEMIC EFFECTIVENESS: REGULATORY ENGAGEMENT ON ANTI-FINANCIAL CRIME POLICY REFORM; ENGAGEMENT IN INDUSTRY DIALOGUE WITH REGULATORY AND ENFORCEMENT BODIES ON A GLOBAL BASIS TO ENHANCE PUBLIC/PRIVATE SECTOR COOPERATION; AND ENHANCEMENTS TO THE USE OF TECHNOLOGY TO FIGHT FINANCIAL CRIME.EFFECTIVE REGULATION: THE IIF CONTINUED ITS WORK TO IDENTIFY EFFECTIVE AND EFFICIENT APPROACHES FOR CROSS-BORDER REGULATION AND PROVIDE PRIVATE-SECTOR INPUT TO THE GLOBAL DIALOGUE ON DEVELOPMENT OF A NEW FINANCIAL REGULATORY ARCHITECTURE. WE CONTINUED TO COVER A RANGE OF KEY TOPICS BEYOND PRUDENTIAL REGULATION, WITH PARTICULAR EMPHASIS ON MARKET FRAGMENTATION, POST-REFORM IMPACT EVALUATIONS, INCLUDING TOO-BIG-TO-FAIL, EFFECTIVENESS OF SUPERVISORY COLLEGES, CCP RESOLUTION AND REFERENCE RATE REFORM. DIGITAL REGULATION AND INNOVATION. THE PANDEMIC HIGHLIGHTED THE IMPORTANCE OF INTERNATIONAL COORDINATION AND CO-OPERATION AND CROSS-SECTORAL CONSISTENCY IN DATA POLICY REGIMES. THIS CONTINUES TO GROW IN IMPORTANCE AS DIGITAL SERVICES REPRESENT AN INCREASING PORTION OF THE GLOBAL ECONOMY. IN 2020, IIF CONTINUED TO FOCUS ON ISSUES RELATED TO CLOUD, DIGITAL IDENTITY, DATA LOCALIZATION, AND CROSSBORDER PAYMENTS, AND WE CAREFULLY MONITORED DEVELOPMENTS ON CENTRAL BANK DIGITAL CURRENCIES AND STABLECOINS. THE IIF IS ALSO DRAFTING AN 'ETHICAL CHARTER' FOR DATA, IN CONJUNCTION WITH A GROUP OF MEMBER CHIEF DATA OFFICERS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GLOBAL POLICY INITIATIVES ON ESG, SUSTAINABILITY AND CLIMATE FINANCE. DURING 2020, THIS WORK STREAM CONTINUED TO RISE IN IMPORTANCE AND THE IIF MADE STRIDES ACROSS A NUMBER OF FRONTS INCLUDING THE ESTABLISHMENT OF THE TASKFORCE ON SCALING VOLUNTARY CARBON MARKETS, THE DEVELOPMENT OF A POSITION PAPER ON PRUDENTIAL APPROACHES TO CLIMATE-RELATED AND ENVIRONMENTAL RISKS, DEVELOPMENT OF A BOARD STATEMENT ON SUSTAINABLE FINANCE, WORK ON A SET OF PRINCIPLES FOR A U.S. TRANSITION TO A SUSTAINABLE LOW-CARBON ECONOMY, AND THE PUBLICATION OF OTHER RELATED, CUTTING-EDGE RESEARCH AND PUBLICATIONS.WORK OF THE IIF SFWG: OVER THE COURSE OF 2020, THE WORK OF IIF'S SUSTAINABLE FINANCE WORKING GROUP (SFWG) EVOLVED RAPIDLY IN RESPONSE TO CHANGING MARKET AND POLICY CONTEXTS IN PARTICULAR, THE COVID-19 PANDEMIC, WHICH HIGHLIGHTED SUSTAINABLE FINANCE AS A KEY CHANNEL FOR SUPPORTING ECONOMIC RECOVERY. THE WORK OF THE SFWG INCLUDED THE LAUNCH OF NEW INITIATIVES ON NATURE-RELATED FINANCIAL RISKS, THE DELIVERY OF TECHNICAL METHODOLOGIES FOR PORTFOLIO GREENHOUSE GAS (GHG) MEASUREMENT, AND CONTINUED PROLIFERATION OF NEW POLICY AND REGULATORY FRAMEWORKS ON CLIMATE RISK. A KEY THEME REMAINED AVOIDING MARKET FRAGMENTATION AND FINDING COMMON STANDARDS FOR ESG REPORTING. THE IIF IS ACTIVELY LEADING CUTTING-EDGE INITIATIVES ON ENVIRONMENTAL PRIORITIES AND SUPPORTING NEW EFFORTS INCLUDING IN AREAS LIKE BIODIVERSITY. SCALING VOLUNTARY CARBON MARKETS: THE IIF-SPONSORED TASKFORCE ON SCALING VOLUNTARY CARBON MARKETS (TSVCM) WAS ESTABLISHED IN 2020 WITH THE AIM OF DEVELOPING A ROADMAP TO HELP CATALYZE A MASSIVE SCALE-UP OF VOLUNTARY CARBON MARKETS IN SUPPORT OF GLOBAL CLIMATE TARGETS AND NET ZERO GOALS. THE TSVCM RELEASED AN INTERIM REPORT WHICH CONTAINED A SET OF 17 DETAILED RECOMMENDATIONS IN SIX KEY ACTIONS AREAS, INCLUDING ESTABLISHMENT OF A SET OF CORE CARBON PRINCIPLES AND AN ATTRIBUTE TAXONOMY, DEVELOPMENT OF REFERENCE CONTRACTS, TRADE AND POST-TRADE MARKET INFRASTRUCTURE TO ENHANCE MARKET EFFICIENCY AND BOLSTER LIQUIDITY, AS WELL AS ACTIONS TO CLARIFY THE LEGITIMACY OF OFFSETTING, ENHANCE MARKET INTEGRITY, AND STIMULATE DEMAND. IIF POSITION PAPER ON PRUDENTIAL APPROACHES TO CLIMATE-RELATED AND ENVIRONMENTAL RISKS: DURING 2020, THE IIF WORKED WITH MEMBERS TO FORMULATE COHERENT INDUSTRY PERSPECTIVES ON PRUDENTIAL APPROACHES TO CLIMATE-RELATED AND ENVIRONMENTAL RISKS IN THE YEARS AHEAD, INCLUDING PRIORITIES AND KEY CHALLENGES. THE PAPER, ENTITLED PRUDENTIAL PATHWAYS: INDUSTRY PERSPECTIVES ON SUPERVISORY AND REGULATORY APPROACHES TO CLIMATE-RELATED AND ENVIRONMENTAL RISKS, COMMUNICATED GLOBAL INDUSTRY VIEWS ON THE RAPIDLY EVOLVING SET OF SUPERVISORY AND REGULATORY APPROACHES AND ENCOURAGED COORDINATION AND ALIGNMENT OF APPROACHES ACROSS COUNTRIES TO REDUCE MARKET FRAGMENTATION. IIF BOARD STATEMENT ON SUSTAINABLE FINANCE: BUILDING ON LONG-STANDING BOARD SUPPORT FOR THE IIF'S WORK ON SUSTAINABILITY THE IIF BOARD STATEMENT ON SUSTAINABLE FINANCE IS A POWERFUL ARTICULATION OF HIGH-LEVEL VIEWS FROM THE GLOBAL FINANCIAL SECTOR ON INTERNATIONAL SUSTAINABLE FINANCE POLICY AND REGULATION, ADDRESSING BOTH THE RISKS AND THE OPPORTUNITIES ASSOCIATED WITH CLIMATE CHANGE. PRINCIPLES FOR A U.S. TRANSITION TO A SUSTAINABLE LOW-CARBON ECONOMY: THE IIF CONVENED A BROAD-BASED, CROSS-SECTORAL COALITION TO COMMUNICATE SHARED VIEWS ON A NEW U.S. POSITION ON CLIMATE ISSUES AND THE ROLE OF THE FINANCIAL SECTOR IN DELIVERING THE LOW-CARBON TRANSITION. THE GROUP IS WORKING ON DEVELOPING A SET OF PRINCIPLES FOR A U.S. TRANSITION TO A SUSTAINABLE LOW-CARBON ECONOMY, DESIGNED TO SERVE AS A FRAMEWORK. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | 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 | 0 | 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 | 0 | 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 | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 29 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 83 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CH | ForeignCountryCd |
| Foreign Country | SN | 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 | 45 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 44 | 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 | 0 | 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 | BARRIE ORELLANA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2028573316 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1333 H STREET NW NO 800E | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (58 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| TIMOTHY D ADAMS | ||||||||
| PRESIDENT/CEO | 40.00 | Yes (X) | Yes (X) | $2,819,960 | $0 | $49,969 | ||
| CLAY LOWERY | ||||||||
| EXECUTIVE VICE PRESIDENT | 40.00 | $1,035,649 | $0 | $49,969 | Yes (X) | |||
| ANDRES PORTILLA | ||||||||
| MANAGING DIRECTOR | 40.00 | $851,614 | $0 | $49,874 | Yes (X) | |||
| ROBIN BROOKS | ||||||||
| MANAGING DIRECTOR | 40.00 | $624,871 | $0 | $36,643 | Yes (X) | |||
| BRAD CARR | ||||||||
| MANAGING DIRECTOR | 40.00 | $605,504 | $0 | $49,969 | Yes (X) | |||
| SONJA GIBBS | ||||||||
| MANAGING DIRECTOR | 40.00 | $614,786 | $0 | $28,751 | Yes (X) | |||
| ELIZABETH ROBERTS | ||||||||
| GENERAL COUNSEL | 40.00 | $537,135 | $0 | $28,500 | Yes (X) | |||
| BARRIE ORELLANA | ||||||||
| MANAGING DIRECTOR | 35.00 | Yes (X) | $504,526 | $0 | $49,969 | |||
| MARTIN BOER | ||||||||
| SENIOR DIRECTOR | 40.00 | $505,978 | $0 | $43,636 | Yes (X) | |||
| CHRISTOPHER FULGHUM | ||||||||
| MANAGING DIRECTOR | 40.00 | $491,368 | $0 | $49,969 | Yes (X) | |||
| LOREN BUSHKAR | ||||||||
| MANAGING DIRECTOR | 40.00 | $493,834 | $0 | $36,643 | Yes (X) | |||
| ELINA RIBAKOVA | ||||||||
| DEPUTY CHIEF ECONOMIST | 40.00 | $489,652 | $0 | $38,569 | Yes (X) | |||
| SERGI LANAU | ||||||||
| DEPUTY CHIEF ECONOMIST | 40.00 | $462,960 | $0 | $28,500 | Yes (X) | |||
| MARY FRANCES MONROE | ||||||||
| DIR., INSURANCE REG. AND POLICY | 40.00 | $449,742 | $0 | $29,337 | Yes (X) | |||
| AXEL WEBER | ||||||||
| CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SIM TSHABALALA | ||||||||
| VICE CHAIR. AND TREAS. | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CANDIDO BRACHER | ||||||||
| VICE CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| WALTER KIELHOLZ | ||||||||
| VICE CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PLYUSH GUPTA | ||||||||
| VICE CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SAEED AL-GHAMDI | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ABDULLA AL-KHALIFA | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| OLIVER BATE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| WALTER BAYLY | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ANA BOTIN | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SIQING CHEN | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SUZAN SABANCI DINCER | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN DUGAN | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DOUGLAS FLINT | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS GIBBONS | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER KING | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JEAN LEMIERRE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHEL M LIES | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KANETSUGU MIKE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JEAN-PIERRE MUSTIER | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RANIA MAHMOUD NASHAR | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RONALD O'HANLEY | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TETSUO OHKUBO | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| FREDERIC OUDEA | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL PINTO | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN PORTER | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| URS ROHNER | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ALISON ROSE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TATSUMFUMI SAKAI | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES SCHARF | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTIAN SEWING | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BERNHARD SPALT | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JES STALEY | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| OLAUG SVARVA | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MAKOTO TAKASHIMA | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JESSICA TAN | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHAN TORGEBY | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| CARLOS TORRES-VILA | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK TUCKER | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSE VINALS | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN WALDRON | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN VAN RIJSWIJKK | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SHEMARA WIKRAMANAYAKE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MARTIN ZIELKE | ||||||||
| BOARD DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $10,487,579 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $570,298 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 52 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|
| MCKINSEY & COMPANY INC | ||||||||
| PO BOX 7247-7255 | PHILADELPHIA | PA | 19170 | CONSULTING | $748,323 | |||
| GREYSTOKE | ||||||||
| PROGRAM SERVICES CONSULTANT | $444,010 | RUE FRANCOIS STROOBANT 36 B-1050 I | BRUSSELS | BE | ||||
| BLOOMBERG LP | ||||||||
| 731 LEXINGTON AVENUE | NEW YORK | NY | 10022 | DATA SUBSCRIPTION SERVICES | $243,035 | |||
| PROTECH | ||||||||
| 5457 TWIN KNOLLS ROAD | COLUMBIA | MD | 21045 | SOFTWARE PROGRAMMING | $219,608 | |||
| PREMIER GLOBAL SERVICE | ||||||||
| PO BOX 404351 | ATLANTA | GA | 30384 | CONFERENCE CALL SERVICE | $167,009 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,245,877 | AllOtherContributionsAmt |
| Total Contributions | $1,245,877 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| MEMBERSHIP DUES | 900099 | $29,716,598 | $29,716,598 | |
| SPONSORSHIP INCOME | 900099 | $525,500 | $525,500 | |
| REGISTRATION FEES | 900099 | $9,900 | $9,900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $30,251,998 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $717,556 | TotalRevenueColumnAmt |
| Exclusion | $717,556 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,515,276 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,998,595 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$483,319 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$483,319 | TotalRevenueColumnAmt |
| Exclusion | -$483,319 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| SUBLEASE INCOME | 900099 | $91,432 | $91,432 |
| EXCHANGE RATE ADJUSTMENT | 900099 | $41,411 | $41,411 |
| REGULATORY AFFAIRS | 900099 | $31,151 | $31,151 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $163,994 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,896,106 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $29,726,498 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $923,731 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,443,868 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,957,734 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $897,070 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,299,942 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $911,263 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $227,239 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,944 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,523 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,229,864 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $525,573 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $292,921 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,626,682 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $427,628 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $604,570 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $660,695 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,292 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| SUBSCRIPTIONS/BOOKS | $614,632 |
| TAXES AND FEES | $453,524 |
| RECRUITMENT | $93,459 |
| MISCELLANOUS | $20,461 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,712 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,634,596 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,177 | BOYAmt |
| EOY | $116,538 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,992,052 | BOYAmt |
| EOY | $15,329,563 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $475,312 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $259,463 | BOYAmt |
| EOY | $166,808 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,052,677 | BOYAmt |
| EOY | $1,126,309 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,393,694 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,881,605 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,124,356 | BOYAmt |
| EOY | $1,512,089 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,055,512 | BOYAmt |
| EOY | $25,820,122 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $215,309 | BOYAmt |
| EOY | $232,628 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,892,546 | BOYAmt |
| EOY | $44,779,369 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,160,487 | BOYAmt |
| EOY | $2,544,929 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,572,135 | BOYAmt |
| EOY | $11,095,707 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,731,177 | BOYAmt |
| EOY | $2,978,859 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,463,799 | BOYAmt |
| EOY | $16,619,495 | 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 | $26,428,747 | BOYAmt |
| EOY | $28,159,874 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,428,747 | BOYAmt |
| EOY | $28,159,874 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,892,546 | BOYAmt |
| EOY | $44,779,369 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$738,490 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,469,617 | NetUnrlzdGainsLossesInvstAmt |
| 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 B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (1) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,643,660 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,362,084 | DepreciationAmt |
| Book Value | $1,281,576 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,496,122 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,345,771 | DepreciationAmt |
| Book Value | $150,351 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $253,912 | OtherCostOrOtherBasisAmt |
| Depreciation | $173,750 | DepreciationAmt |
| Book Value | $80,162 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,512,089 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED RENT AND LEASE INCENTIVE | Desc |
| Amt | $2,978,859 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,978,859 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE INSTITUTE EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 1 | 0 | PROGRAM SERVICES | ADVOCACY ON REGULATORY ISSUES AND MEMBERSHIP DEVELOPMENT | $573,491 |
| EAST ASIA AND THE PACIFIC | 2 | 4 | PROGRAM SERVICES | ECONOMIC ANALYSIS AND MEMBERSHIP DEVELOPMENT | $827,984 |
| MIDDLE EAST AND NORTH AFRICA | 1 | 2 | PROGRAM SERVICES | MEMBERSHIP DEVELOPMENT | $750,157 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 4 | SubtotalOfficesCnt |
| Subtotal Employees | 6 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 4 | TotalOfficeCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Subtotal Spent | $2,151,632 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $2,151,632 | TotalSpentAmt |
| 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 | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3: | IIF REPORTED THE EXPENDITURES BASED ON THE ACCOUNTING METHOD USED IN ITS AUDITED FINANCIAL STATEMENTS WHICH IS AN ACCRUAL BASIS. |
| PART III ACCOUNTING METHOD: |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TIMOTHY D ADAMS | ||||||||||||||
| PRESIDENT/CEO | $1,350,000 | $0 | $1,450,000 | $0 | $19,960 | $0 | $28,500 | $0 | $21,469 | $0 | $2,869,929 | $0 | $0 | $0 |
| CLAY LOWERY | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | $510,000 | $0 | $535,500 | $0 | -$9,851 | $0 | $28,500 | $0 | $21,469 | $0 | $1,085,618 | $0 | $0 | $0 |
| ANDRES PORTILLA | ||||||||||||||
| MANAGING DIRECTOR | $427,380 | $0 | $427,380 | $0 | -$3,146 | $0 | $28,500 | $0 | $21,374 | $0 | $901,488 | $0 | $0 | $0 |
| ROBIN BROOKS | ||||||||||||||
| MANAGING DIRECTOR | $360,570 | $0 | $259,610 | $0 | $4,691 | $0 | $28,500 | $0 | $8,143 | $0 | $661,514 | $0 | $0 | $0 |
| BRAD CARR | ||||||||||||||
| MANAGING DIRECTOR | $315,000 | $0 | $299,250 | $0 | -$8,746 | $0 | $28,500 | $0 | $21,469 | $0 | $655,473 | $0 | $0 | $0 |
| SONJA GIBBS | ||||||||||||||
| MANAGING DIRECTOR | $315,000 | $0 | $299,250 | $0 | $536 | $0 | $28,500 | $0 | $251 | $0 | $643,537 | $0 | $0 | $0 |
| ELIZABETH ROBERTS | ||||||||||||||
| GENERAL COUNSEL | $331,500 | $0 | $198,900 | $0 | $6,735 | $0 | $28,500 | $0 | $0 | $0 | $565,635 | $0 | $0 | $0 |
| BARRIE ORELLANA | ||||||||||||||
| MANAGING DIRECTOR | $258,520 | $0 | $245,594 | $0 | $412 | $0 | $28,500 | $0 | $21,469 | $0 | $554,495 | $0 | $0 | $0 |
| MARTIN BOER | ||||||||||||||
| SENIOR DIRECTOR | $286,684 | $0 | $220,747 | $0 | -$1,453 | $0 | $28,500 | $0 | $15,136 | $0 | $549,614 | $0 | $0 | $0 |
| CHRISTOPHER FULGHUM | ||||||||||||||
| MANAGING DIRECTOR | $278,566 | $0 | $222,853 | $0 | -$10,051 | $0 | $28,500 | $0 | $21,469 | $0 | $541,337 | $0 | $0 | $0 |
| LOREN BUSHKAR | ||||||||||||||
| MANAGING DIRECTOR | $280,500 | $0 | $210,375 | $0 | $2,959 | $0 | $28,500 | $0 | $8,143 | $0 | $530,477 | $0 | $0 | $0 |
| ELINA RIBAKOVA | ||||||||||||||
| DEPUTY CHIEF ECONOMIST | $306,000 | $0 | $192,780 | $0 | -$9,128 | $0 | $17,100 | $0 | $21,469 | $0 | $528,221 | $0 | $0 | $0 |
| SERGI LANAU | ||||||||||||||
| DEPUTY CHIEF ECONOMIST | $280,500 | $0 | $182,325 | $0 | $135 | $0 | $28,500 | $0 | $0 | $0 | $491,460 | $0 | $0 | $0 |
| MARY FRANCES MONROE | ||||||||||||||
| DIR., INSURANCE REG. AND POLICY | $285,600 | $0 | $157,080 | $0 | $7,062 | $0 | $28,500 | $0 | $837 | $0 | $479,079 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION OF MISSION: | THE MISSION OF THE INSTITUTE IS TO SUPPORT THE FINANCIAL INDUSTRY IN PRUDENTLY MANAGING RISKS, INCLUDING SOVEREIGN RISK; IN DEVELOPING BEST PRACTICES AND STANDARDS; AND IN ADVOCATING REGULATORY, FINANCIAL, AND ECONOMIC POLICIES THAT ARE IN THE BROAD INTEREST OF ITS MEMBERS AND FOSTER GLOBAL FINANCIAL STABILITY. IN FULFILLING THIS MISSION, THE INSTITUTE'S MAIN ACTIVITIES ARE TO: PROVIDE HIGH-QUALITY, TIMELY, AND IMPARTIAL ANALYSIS AND RESEARCH TO ITS MEMBERS ON EMERGING MARKETS AND OTHER CENTRAL ISSUES IN GLOBAL FINANCE; SYSTEMATICALLY IDENTIFY, ANALYZE, AND SHAPE REGULATORY, FINANCIAL, AND ECONOMIC POLICY ISSUES OF RELEVANCE TO ITS MEMBERS GLOBALLY OR REGIONALLY; DEVELOP AND ADVANCE REPRESENTATIVE VIEWS AND CONSTRUCTIVE PROPOSALS THAT INFLUENCE THE PUBLIC DEBATE ON PARTICULAR POLICY PROPOSALS, INCLUDING THOSE OF MULTILATERAL AGENCIES, AND BROAD THEMES OF COMMON INTEREST TO PARTICIPANTS IN GLOBAL FINANCIAL MARKETS; WORK WITH POLICYMAKERS, REGULATORS, AND MULTILATERAL ORGANIZATIONS TO STRENGTHEN THE EFFICIENCY, TRANSPARENCY, STABILITY AND COMPETITIVENESS OF THE GLOBAL FINANCIAL SYSTEM, WITH AN EMPHASIS ON VOLUNTARY MARKET-BASED APPROACHES TO CRISIS PREVENTION AND MANAGEMENT; PROMOTE THE DEVELOPMENT OF SOUND FINANCIAL SYSTEMS, WITH AN EMPHASIS ON EMERGING MARKETS; PROVIDE A NETWORK FOR MEMBERS TO EXCHANGE VIEWS AND OFFER OPPORTUNITIES FOR EFFECTIVE DIALOGUE AMONG POLICYMAKERS, REGULATORS, AND PRIVATE SECTOR FINANCIAL INSTITUTIONS; DEFINE, ARTICULATE, AND DISSEMINATE BEST PRACTICES AND INDUSTRY STANDARDS IN SUCH AREAS AS RISK MANAGEMENT AND ANALYSIS, DISCLOSURE, CORPORATE GOVERNANCE AND REGULATORY COMPLIANCE. |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERSHIP IN IIF SHALL BE OPEN TO ANY LENDING INSTITUTION, INVESTMENT BANK, MERCHANT BANK, INVESTMENT FUND ENGAGED IN INTERNATIONAL FINANCIAL TRANSACTIONS, OR INSURANCE COMPANY. |
| FORM 990, PART VI, SECTION A, LINE 7A | IIF'S FULL MEMBERS CAN ELECT 30 AUTHORIZED INDIVIDUALS OF THE BOARD OF DIRECTORS WHILE THE REMAINING BOARD OF DIRECTORS ELECT AN ADDITIONAL 10. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FEDERAL FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. UPON ISSUANCE OF THE DRAFT, THE FORM 990 IS REVIEWED BY THE SENIOR ACCOUNTING MANAGER, THE MANAGING DIRECTOR OF FINANCE, AND THEN REVIEWED AND SIGNED BY THE PRESIDENT AND CEO BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | IIF DISSEMINATES THE POLICY AND ASK INDIVIDUALS TO NOTIFY OF ANY POSSIBLE CONFLICT. HOWEVER, IF NON-COMPLIANCE WAS IDENTIFIED, IIF WOULD CERTAINLY ENFORCE THE POLICY AND REQUIRE COMPLIANCE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS HAS ESTABLISHED A SEPARATE COMPENSATION COMMITTEE WHICH REVIEWS THE COMPENSATION (BOTH BASE SALARY AND YEAR-END BONUS RANGE) OF IIF'S PRESIDENT/CHIEF EXECUTIVE OFFICER (CEO) PRIOR TO THE ESTABLISHMENT AND/OR RENEWAL/EXTENSION OF AN EMPLOYMENT CONTRACT. THIS INCLUDES A REVIEW OF COMPARABILITY DATA. IN ADDITION, AT THE END OF EACH YEAR, THE COMMITTEE REVIEWS THE ACCOMPLISHMENTS OF THE PRESIDENT/CEO TO DETERMINE THE ACTUAL YEAR-END BONUS WITHIN THE RANGE ESTABLISHED BY THE CONTRACT. THE PRESIDENT/CEO'S EMPLOYMENT CONTRACT BECAME EFFECTIVE JANUARY 2013, WAS RENEWED AND EXTENDED IN JUNE, 2015 WITH A NEW TERMINATION DATE OF DECEMBER 31, 2017, WAS RENEWED AND EXTENDED IN DECEMBER 2017 WITH A NEW TERMINATION DATE OF DECEMBER 31, 2020, AND WAS RENEWED AND EXTENDED IN JULY 2020 WITH A NEW TERMINATION DATE OF DECEMBER 31, 2023. THE COMPENSATION COMMITTEE LAST MET VIA CONFERENCE CALL IN DECEMBER 2020 TO REVIEW AND TO DETERMINE THE ACTUAL YEAR-END BONUS WITHIN THE RANGE ESTABLISHED BY THE CONTRACT. THE PRESIDENT/CEO REVIEWS MARKET COMPENSATION DATA FOR KEY EMPLOYEES AS PROVIDED BY THE MANAGING DIRECTOR OF FINANCE AND ADMINISTRATION. THIS PROCESS LAST TOOK PLACE IN DECEMBER 2020. |
| 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. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IIF ASIA PACIFIC LTD | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 RAFFLES PLACE SUITE 22-06 SINGA | AddressLine1Txt |
| Country | SN | CountryCd |
| Foreign Postal | 048623 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | A CENTRALIZED HUB FOR REGIONAL ACTIVITIES IN THE ASIA PACIFIC REGION | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | SN | LegalDomicileForeignCountryCd |
| Total Income | $342,447 | TotalIncomeAmt |
| End Of Year Assets | $930,312 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSTITUTE OF INTERNATIONAL FINANCE INC | BusinessNameLine1Txt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART I: | FormAndLineReferenceDesc |
| Explanation | IIF CONDUCTS SOME OF ITS PROGRAMS THROUGH FIELD OFFICES AND AFFILIATES IN FOREIGN COUNTRIES. IN ORDER TO ADHERE WITH THE LAWS OF SINGAPORE, IIF ASIA PACIFIC, LTD. WAS ESTABLISHED IN MAY 2014 TO ACT AS A CENTRALIZED HUB FOR REGIONAL ACTIVITIES IN THE ASIA PACIFIC REGION. IIF IS THE SOLE MEMBER OF IIF ASIA PACIFIC, LTD. FOR PURPOSES OF THE 990, IIF ASIA PACIFIC, LTD IS LISTED AS A DISREGARDED ENTITY AND ITS ACTIVITIES REFLECTED THROUGHOUT THE TAX RETURN. | ExplanationTxt |