Cfa Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541386480 ✦ Charlottesville, VA ✦ Designated as a 501(c)(6)

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Overview

What is Cfa Institute?

Cfa Institute, headquartered as a nonprofit organization, is renowned for administering the CFA program - a comprehensive three-level educational and examination series focused on vital investment decision-making topics. The candidate body of knowledge covers essential subjects, serving as a foundation for professionals in the finance sector. Beyond this flagship program, Cfa Institute extends its reach by offering additional services to its members and the global investment community. These include the Certificate in Investment Performance Measurement (CIPM), a designation program aimed at professionals who contribute significantly to investment performance assessment.


Official website here: www.cfainstitute.org

Is Cfa Institute legitimate?

Cfa Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cfa Institute 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: $6,687,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,515,086

For more financial information, click here


Official website here: www.cfainstitute.org

What is the mission statement of Cfa Institute?

The Cfa Institute is known for administering the CFA program, a comprehensive three-level education and examination series focusing on topics vital to investment decision-making. This curriculum serves as the foundation for candidates' knowledge. Apart from the CFA program, the institution offers various initiatives for its members and the wider investment community. One such offering is the Certificate in Investment Performance Measurement (CIPM), a designation program targeting professionals responsible for evaluating investment performance. Overall, Cfa Institute plays a significant role in advancing investment knowledge and skills.


Official website here: www.cfainstitute.org

Who is the CEO of Cfa Institute?

Margaret Franklin is the Bog Chair of Cfa Institute. The CEO's salary of Cfa Institute is $1,276,066 and their total compensation is $1,319,391.


Official website here: www.cfainstitute.org

What is the revenue of Cfa Institute?

Cfa Institute's revenue in 2022 was $346,815,960.


Official website here: www.cfainstitute.org

Who are the executives of Cfa Institute and what are their salaries?

The average compensation at Cfa Institute during 2022 was $134,758. There are 610 employees and 5739 volunteers at Cfa Institute.


Here are 36 key members and their salaries (Cfa Institute's CEO's salary is $1,276,066 and their total compensation is $1,319,391):


Mark Lazberger Cfa (Bog Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tricia Rothschild Cfa (Bog Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Franklin Cfa (Pres & Ceo & Resrch Fdn Bd Member)
  • Compensation: $1,276,066
  • Related: $0
  • Other: $43,325
Marshall Bailey Cfa (Member, Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Birkin (Member, Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Fasciano Cfa (Member, Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Hill Phd (Member, Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heinz Hockmann Phd (Member, Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Punita Kumar-Sinha Cfa (Member, Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yimei Li Cfa (Member, Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karina Litvack (Member, Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Ng Cfa (Member, Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Nordin Cfa (Member, Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Wilton Cfa (Member, Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Hendry (Chief Financial Officer)
  • Compensation: $278,131
  • Related: $0
  • Other: $44,577
Joseph P Lange (Corporate Secretary)
  • Compensation: $199,106
  • Related: $0
  • Other: $47,082
Stephen M Horan Cfa (Managing Dir. (Exit 3/2021))
  • Compensation: $598,144
  • Related: $0
  • Other: $18,128
Sheri Lynn Littlefield (Chief Legal Officer)
  • Compensation: $553,279
  • Related: $0
  • Other: $55,834
Michael Collins (Managing Dir. (Exit 6/2022))
  • Compensation: $516,268
  • Related: $0
  • Other: $64,120
Gary Baker (Managing Dir. (Exit 5/2021))
  • Compensation: $724,790
  • Related: $0
  • Other: $22,017
Nick Pollard (Managing Director)
  • Compensation: $372,713
  • Related: $0
  • Other: $61,192
Chris Ainsworth (Managing Dir. (Exit 6/2022))
  • Compensation: $532,005
  • Related: $0
  • Other: $58,364
Paul Andrews (Managing Director)
  • Compensation: $486,314
  • Related: $0
  • Other: $53,023
Peg Jobst (Managing Dir. (Exit 4/2022))
  • Compensation: $548,230
  • Related: $0
  • Other: $63,951
Martin Colburn (Managing Director)
  • Compensation: $568,673
  • Related: $0
  • Other: $41,149
Barbara Petitt (Managing Director)
  • Compensation: $494,981
  • Related: $0
  • Other: $63,324
Lutfey Siddiqi (Managing Dir. (Exit 8/2021))
  • Compensation: $288,546
  • Related: $0
  • Other: $67
Mike Peterson (Chief Technology Officer)
  • Compensation: $382,170
  • Related: $0
  • Other: $55,574
Sandy Peters (Senior Head, Fin. Rpt Policy)
  • Compensation: $388,614
  • Related: $0
  • Other: $56,894
Tony Tan Exit 82021 (Head, Ethics, Standard Conduct)
  • Compensation: $415,718
  • Related: $0
  • Other: $9,934
Mary Leung (Head Advocacy (Exit 8/2022))
  • Compensation: $366,494
  • Related: $0
  • Other: $63,128
Chris Wiese (Senior Head, Learning Exp. & Assess. Dsgn.)
  • Compensation: $370,599
  • Related: $0
  • Other: $62,312
Allison Holmes (Chief Fin & Risk Officer (Exit 8/21))
  • Compensation: $838,124
  • Related: $0
  • Other: $53,358
Jeff Knighton Exit 82021 (Interim Cfo)
  • Compensation: $189,716
  • Related: $0
  • Other: $33,886
Leilani Hall (Senior Head, Codes And Standards)
  • Compensation: $406,166
  • Related: $0
  • Other: $46,848
Kurt N Schacht Cfa (Senior Head Adv)
  • Compensation: $358,312
  • Related: $0
  • Other: $62,407


Official website here: www.cfainstitute.org

Where can I find the form 990 for Cfa Institute?

Cfa Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cfainstitute.org

Learn more at the official website: www.cfainstitute.org

Mission Statement of Cfa Institute

Cfa Institute, with its mission, plays a pivotal role in the investment industry by administering the CFA program, a comprehensive three-level educational and examination process. This program equips candidates with essential knowledge required for effective investment decision-making, covering a diverse range of topics. Cfa Institute also offers an additional designation program, the Certificate in Investment Performance Measuring (CIPM), catering to professionals involved in producing and reporting investment performance.

Beyond its certification programs, Cfa Institute extends its reach to its members and the broader investment community. It provides a multitude of services designed to enhance professional development and knowledge sharing. These offerings contribute significantly to the global investment community, fostering growth, innovation, and excellence. Cfa Institute remains committed to its mission of advancing knowledge, integrity, and practice in the investment profession.

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Impact




October, 2024

CFA Institute plays a crucial role in shaping the investment profession by administering the CFA program, a comprehensive three-level education and examination initiative designed to enhance the knowledge and skills essential for effective investment decision-making. This program establishes a robust candidate body of knowledge, empowering financial professionals with the expertise they need to excel in their careers.

Beyond the CFA program, CFA Institute offers various programs and services that further reinforce its impact on the global investment community. One notable initiative is the Certificate in Investment Performance Measurement (CIPM), a designation aimed at professionals involved in performance evaluation and reporting. By providing these educational resources and certifications, CFA Institute enhances professionalism, ethical standards, and competencies within the investment sector.

Additionally, its focus on community improvement fosters a culture of continuous learning and development, positioning CFA Institute as a leader in advocating for high standards in the financial industry. Through these efforts, CFA Institute not only aids individual career advancement but also contributes to the integrity and advancement of the entire investment profession.




This information is meant to be a general summary of Cfa Institute. 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.

Revenue
$346,815,960 (2022)
Expenses
$278,732,579 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,981,661
  • Program Service Revenue: $328,773,914
  • Gross Receipts: $346,931,502

Assets and Liabilities:

  • Total Assets: $663,377,785
  • Total Liabilities: $371,824,941
  • Net Assets: $291,552,844

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CANDIDATE FEES

Revenue

$246,789,906

MEMBERSHIP DUES

Revenue

$48,441,492

EDUCATIONAL PRODUCTS

Revenue

$31,788,517

ESG PROGRAM COURSE

Revenue

$1,753,999

Organization Details

Founding Year

1986

Principal Officer

Margaret Franklin

Main Address

915 EAST HIGH STREET, CHARLOTTESVILLE, VA, 229022083

NTEE Category

Code: S41 - Community improvement

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