EIN 59-1859804

Internal Audit Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1976
Most recent tax filings
2023-12-01
Description
To shape, expand, and advance knowledge of Internal auditing by developing and disseminating timely, relevant information and insights that address the needs of our stakeholders globally. Research and education in Internal auditing. Research & Education in Internal Auditing.
Related structure
Internal Audit Foundation is a subordinate organization under Institute of Internal Auditors (IIA).
Also known as...
Institute of Internal Auditors- Research Foundation
Total revenues
$1,129,209
2023
Total expenses
$1,401,432
2023
Total assets
$5,672,334
2023
Num. employees
0
2023

Program areas at Internal Audit Foundation

The Foundation provides grants to educational institutions worldwide that participate in the iia's Internal auditing education partnership (iaep) program which was developed to respond to the growing interest in Internal Audit education at institutions of higher learning. Iaep program schools teach an Internal auditing curriculum within a degree program (undergraduate or post-graduate) endorsed by the iia. The Foundation has an annual grant cycle open october of each year in which schools may apply for grants to support activities related to the following: curriculum development and program growth & marketing.
The Foundation conducts and funds research on the Internal Audit profession including trending practices over time and research on the impact of macro economic, technological, and environmental factors on the business environment and subsequently the profession. Partnering with academics and partner organizations, the iaf issues white paper, practitioner reports, and academic research papers as a result of its research efforts based on both quantitative and qualitative efforts.

Grants made by Internal Audit Foundation

GranteeGrant descriptionAmount
Louisiana State University and Agricultural and Mechanical CollegeTeaching Assistants$9,000
Board of Regents Nevada System of Higher EducationTeaching Assistants$8,500

Who funds Internal Audit Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Network for GoodUnrestricted$38,251
Institute of Internal Auditors Philadelphia ChapterSupport Research of Ia$10,000
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$7,500
...and 1 more grant received

Personnel at Internal Audit Foundation

NameTitleCompensation
Anthony PuglieseIia Chief Executive Officer$0
Sarah FedeleVice President , Finance and Development$0
Heather PownallExecutive Vice President Strategy and PPL and Innov$0
Ann S CohenExecutive Director$0
Hina BehalFinance Director$0
...and 20 more key personnel

Financials for Internal Audit Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,050,260
Program services$0
Investment income and dividends$86,531
Tax-exempt bond proceeds$0
Royalty revenue$49,319
Net rental income$0
Net gain from sale of non-inventory assets$-56,901
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,129,209

Form 990s for Internal Audit Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-12-04990View PDF
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-02-22990View PDF
...and 10 more Form 990s
Data update history
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Updated personnel
Identified 3 new personnel
December 23, 2023
Used new vendors
Identified 1 new vendor, including
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Institute of Internal Auditors - Houston Chapter
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsProfessional associationsBusiness and community development organizationsResearch centersChapter / child organizationsCharities
Issues
Science and technologyBusiness and industry
Characteristics
Conducts researchNational levelEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1035 Greenwood Blvd Suite 401
Lake Mary, FL 32746
Metro area
Orlando-Kissimmee-Sanford, FL
County
Seminole County, FL
Website URL
theiia.org/en/?azredirect=true 
Phone
(407) 937-1300
IRS details
EIN
59-1859804
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1976
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U00: Science and Technology Research: General
NAICS code, primary
813920: Professional Associations
Parent/child status
Subordinate organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0177752
FTB Entity ID
3257733
AB 488 data last updated ("as-of") date
2025-01-15
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