Overview
What is Information Technology And Innovation Foundation?
The Information Technology and Innovation Foundation (ITIF) is a nonpartisan research and educational organization, acting as a think tank, situated in Washington D.C. Their primary mission is to develop, assess, and advocate for policy solutions that stimulate innovation, enhance productivity, and foster growth, opportunity, and progress. ITIF's areas of focus include innovation and competitiveness, information technology and data, telecommunications, trade and globalization, and life sciences, agricultural biotechnology, and clean energy. As a non-partisan research institution, ITIF comprises 47 dedicated employees.
Official website here: www.itif.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.
The Information Technology and Innovation Foundation (ITIF) has received a solid Three-Star rating from Charity Navigator, indicating a commendable performance overall. With a score of 86%, the organization exhibits strong accountability and financial practices, including a high percentage of independent board members and no material diversion of assets. Their effective fundraising efforts and low liabilities to assets ratio further highlight their financial health and sustainability.
In terms of organizational strengths, ITIF excels in leadership and adaptability, achieving a perfect score in this category. The foundation has demonstrated a commitment to investing in leadership development, which is essential for ensuring long-term effectiveness and innovation. Additionally, their culture and community score reflects a positive internal environment, contributing to the organization's overall efficacy.
However, the organization could bolster its accountability and finance score through improvements in its culture and community practices, where it scored 81%. While the overall performance is strong, fostering a more robust community engagement strategy may enhance their impact and outreach efforts further.
This AI summary has been generated from information found on Charity Navigator.
Is Information Technology And Innovation Foundation legitimate?
Information Technology And Innovation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Information Technology And Innovation Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,969,025
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,341,402
For more financial information, click here
Official website here: www.itif.org
What is the mission statement of Information Technology And Innovation Foundation?
The Information Technology and Innovation Foundation (ITIF) is a non-partisan research and educational institution with a mission to formulate, evaluate, and promote policy solutions. Their objective is to accelerate innovation and boost productivity, thereby stimulating growth, opportunities, and progress. ITIF focuses on various critical issues at the intersection of technological innovation and public policy, including innovation and competitiveness, information technology and data, telecommunications, trade and globalization, and life sciences, agricultural biotechnology, and clean energy.
Official website here: www.itif.org
Who is the CEO of Information Technology And Innovation Foundation?
Robert D Atkinson is the President of Information Technology And Innovation Foundation.
Official website here: www.itif.org
What is the revenue of Information Technology And Innovation Foundation?
Information Technology And Innovation Foundation's revenue in 2023 was $7,572,049.
Official website here: www.itif.org
Who are the executives of Information Technology And Innovation Foundation and what are their salaries?
The average compensation at Information Technology And Innovation Foundation during 2023 was $91,711. There are 47 employees at Information Technology And Innovation Foundation.
Here are 34 key members and their salaries:
- Compensation: $614,781
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- Compensation: $248,898
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- Other: $39,952
- Compensation: $322,004
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- Other: $58,242
- Compensation: $197,554
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- Other: $25,977
- Compensation: $107,662
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- Other: $3,301
- Compensation: $144,564
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- Other: $19,668
- Compensation: $135,440
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- Other: $15,609
- Compensation: $140,496
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- Other: $3,933
Official website here: www.itif.org
Where can I find the form 990 for Information Technology And Innovation Foundation?
Information Technology And Innovation Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.itif.org
Learn more at the official website: www.itif.org
Mission Statement of Information Technology And Innovation Foundation
The Information Technology and Innovation Foundation (ITIF) is a non-partisan research and educational institution that focuses on formulating, evaluating, and promoting policy solutions. Its mission is to accelerate innovation and boost productivity, ultimately spurring growth, opportunity, and progress. ITIF's work encompasses a range of critical issues at the intersection of technological innovation and public policy. This includes areas such as innovation and competitiveness, information technology and data, telecommunications, trade and globalization, and life sciences, agricultural biotechnology, and clean energy. Through its research and educational initiatives, ITIF seeks to influence policy decisions and drive progress in these areas, contributing to a more innovative and productive society.
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Impact
October, 2024
The Information Technology and Innovation Foundation (ITIF) plays a significant role in shaping policy solutions that enhance innovation and productivity across various sectors. By addressing critical issues at the nexus of technological advancement and public policy, ITIF influences discussions and decisions in areas such as information technology, telecommunications, trade, and life sciences.
Through research and analysis, ITIF provides valuable insights that can lead to effective strategies for economic growth and competitiveness. By promoting a deeper understanding of how innovation drives progress, ITIF supports the development of policies that not only stimulate economic opportunity but also improve community well-being. Its contributions help ensure that the benefits of innovation are broadly shared, ultimately fostering a more dynamic and inclusive economy.
This information is meant to be a general summary of Information Technology And Innovation Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $162,270
- Program Service Revenue: $116,977
- Gross Receipts: $7,572,049
Assets and Liabilities:
- Total Assets: $11,637,943
- Total Liabilities: $3,390,661
- Net Assets: $8,247,282
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT REVENUE
Revenue
$84,302
SPEAKING INCOME
Revenue
$17,000
PUBLICATION INCOME
Revenue
$15,675
Organization Details
Founding Year
2006
Phone
(202) 449-1351Principal Officer
Robert D Atkinson
Main Address
700 K STREET NW 600, WASHINGTON, DC, 20001
Website
www.itif.orgNTEE Category
Code: S013 - Community improvement
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