Institute of International Finance
Nonprofit profile at a glance
- EIN
- 521289843
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Washington, DC, United States
- Phone
- +1 202 857-3600
- Rating confidence
- Limited
Reported finances
- Revenue
- $34,168,903
- Expenses
- $35,028,491
- Assets
- $61,094,562
- Liabilities
- $32,089,811
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
69 people listed
Executive titles in this filing
- Timothy Adams (President/CEO)
Highest reported compensation
- Timothy Adams (President/CEO): $2,997,099 total reported compensation
- Clay Lowery (Executive VP): $1,221,858 total reported compensation
- Andres Portilla (Managing Director): $939,726 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
As a global organization, we understand that having varied perspectives helps generate better ideas to solve the complex problems of our changing world. We also believe that having varied perspectives in the workplace alongside fostering a respectful and welcoming environment makes us better able to serve our members and the broader global financial community.
What it reported doing in 2024
Regulatory affairs. As regulators continue to review and revise policies, we have engaged and responded to key consultations across jurisdictions, ensuring policies promote efficient capital markets and the mobilization of investment and savings for the benefit of local economies. Regarding prudential regulation and fragmentation, the iif continued to aggressively advocate for an efficient, internationally aligned regulatory framework from a pro-growth perspective. We have advocated against the view that "more capital" is always better and against excessively onerous supervisory practices that are stifling and unpredictable. The iif continued to focus on how mitigate the risk of fragmentation as differing approaches from supervisors to capital and liquidity remain a key concern. Going forward, the iif will need to focus on the basel iii endgame, a level playing field and on the future of global standard setting more broadly. Regarding insurance issues, we continued to strive for efficient and pragmatic capital regulation and avoiding misguided approaches to systemic risk in the insurance sector. We have also reinforced our advocacy in emerging areas, including the use of ai, cyber and operational resilience. Finally, we closely watched both the structural shifts in the insurance business model, including private equity owned or influenced insurers and offshore arrangements, and the resulting regulatory response. Regarding non-bank financial intermediation (nbfi), we responded to member concerns about potential competitive inequalities vis-a-vis non-bank players and had had an active year engaging with experts and policy makers to gather evidence and conduct analysis of potential systemic risks. Regarding cyber security, resilience and third-party risk, we continued advocating for pragmatic and effective global standards regarding cyber risk management, third party risks and the development of operational resilience principles for the financial sector. The iif has supported efforts to reduce fragmentation, including in the area of cyber incident reporting.
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 60
- Accountability: 90
- Sustainability: 30
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 97.9%; rating input score 98; 31st percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.5%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 1.74; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.53; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 32.9%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.5% per year; rating input score 100; 10th percentile among comparable filings
- Asset growth: 3.2% per year; rating input score 100; 24th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 6 operating locations identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 47 of 48 board members independent · 7 of 9 filing controls reported
- Programs: 6 filed program accomplishments
- Leadership: top reported pay $3M · 69 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.5M reported
- Consistency: 11 of 11 current checks pass
- Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Operating margin scored 22/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.