EIN 11-3642835

Bankers' Association for Finance and Trade (BAFT)

IRS 501(c) type
501(c)(6)
Num. employees
0
Year formed
2002
Most recent tax filings
2023-08-01
NTEE code, primary
Description
BAFT's mission is to develop policy on international matters, advocate on behalf of banks engaged in global banking services & support bank global operations through education, compliance assistance, networking, peer group opportunities and issue papers.
Related structure
BAFT is a subordinate organization under American Bankers Association (ABA).
Also known as...
BAFT Inc
Total revenues
$4,717,556
2023
Total expenses
$3,874,664
2023
Total assets
$1,270,229
2023
Num. employees
0
2023

Program areas at BAFT

Conferences/workshops:provide thought leadership and educational sessions to those involved in transaction banking to keep them abreast of the latest issues and challenges facing the industry. Approximately 10 conferences and workshops were held in in-person, virtual, and hybrid formats. In-person/hybrid events were offered in several cities and regions across the globe, allowing for bilateral meetings and networking among attendees.
Education and traininga variety of on-demand online education certificate programs related to trade finance, transaction banking, and cash management aimed at a variety of profiles and levels of expertise within the banking industry and corporates involved in transaction banking are offered. Additional custom training solutions (virtual or in-person) are offered on transaction banking-related topics per request of banks and or providers in the transaction banking space.
Membershipthe following items are included with membership to enhance current knowledge and information sharing: - participate in councils and committees where members share best practices and share ideas, address challenges, develop and participate in working groups- quarterly newsletter updates - membership directory- periodic webinars on topics of interest- access to best practice documents, standard trade agreements, policy documents and comment letters, and recorded webinars

Personnel at BAFT

NameTitleCompensation
Tod BurwellPresident and Chief Executive Officer$0
Karin Petersen FlynnChief Financial Officer$0
Daniel PinhoVice President, Operations and Business Management
Arlene SanchezVice President , Marketing and Events$0
Diana RodriguezVice President , International Policy$0
...and 18 more key personnel

Financials for BAFT

RevenuesFYE 08/2023
Total grants, contributions, etc.$0
Program services$4,717,556
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,717,556

Form 990s for BAFT

Fiscal year endingDate received by IRSFormPDF link
2023-082024-07-12990View PDF
2022-082023-07-14990View PDF
2021-082022-07-06990View PDF
2020-082021-07-21990View PDF
2019-082020-08-26990View PDF
...and 8 more Form 990s
Data update history
January 25, 2024
Updated personnel
Identified 8 new personnel
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 23, 2023
Updated personnel
Identified 1 new personnel
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 7, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Trade associationsBusiness and community development organizationsChapter / child organizations
Issues
Business and industry
Characteristics
MembershipsOperates internationallyCommunity engagement / volunteeringNo full-time employees
General information
Address
1333 New Hampshire Ave NW
Washington, DC 20036
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
baft.org/ 
Phone
(202) 663-7575
Twitter profile
@baft_global 
IRS details
EIN
11-3642835
Fiscal year end
August
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Subordinate organization
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