Overview
What is Program On International Financial Systems Inc?
Program On International Financial Systems Inc, a 501(C)(3) organization, is situated in Cambridge, Massachusetts. Their primary focus is to promote dialogue and education on issues affecting the global financial system. They accomplish this through hosting international symposia, executive education programs, and special events. These events bring together senior policymakers, financial sector executives, and prominent academics to discuss policy issues. Additionally, PIFS supports academic scholarship on these topics. In 2022, they organized symposia with Europe, China, and Japan, and also hosted executive education programs for foreign government officials, some in partnership with Harvard Law School and the International Organization of Securities Commissions (IOSCO). Moreover, they organized special events on specific policy issues and even had a roundtable with the Chief Executive Officer of the U.K. Financial Conduct Authority. Overall, PIFS aims to foster discussion and promote understanding in the global financial sphere.
Official website here: www.pifsinternational.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Program On International Financial Systems Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an overall score derived entirely from accountability measures, the charity demonstrates a commitment to transparency and responsible financial management, underscored by its high scores across various metrics.
The organization boasts a robust governance structure, with 83% of its board members being independent and a solid five-member board. Its financial health is further evidenced by the absence of material diversion of assets and a favorable liabilities to assets ratio of 9.10%. The charity's program expense ratio of 72.16% indicates a strong focus on delivering its mission through programs rather than overhead costs.
While the financial efficiency ratios are commendable, showcasing low fundraising costs and sufficient working capital, the data does not highlight any specific programmatic initiatives or impact metrics. This may be an area for potential growth, as enhancing visibility into the outcomes of its programs could bolster the charity's overall appeal and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Program On International Financial Systems Inc legitimate?
Program On International Financial Systems Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Program On International Financial Systems Inc 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: $1,121,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,213
For more financial information, click here
Official website here: www.pifsinternational.org
What is the mission statement of Program On International Financial Systems Inc?
The Program on International Financial Systems Inc, as a 501(C)(3) organization, is dedicated to promoting education and fostering dialogue on issues affecting the global financial system. They achieve this by hosting international symposia, executive education programs, and special events. The organization also supports academic scholarship on these topics. In 2022, they organized three symposia with Europe, China, and Japan, each attended by senior policymakers, financial sector executives, and prominent academics. Additionally, they conducted six executive education programs for officials from foreign countries, some in partnership with prestigious institutions like Harvard Law School Executive Education and the International Organization of Securities Commissions (IOSCO). Furthermore, they organized special events on discrete policy issues, such as institutional investors and crypto assets, and climate-related financial regulation. The roundtable with the Chief Executive Officer of the U.K. Financial Conduct Authority was another notable event.
Official website here: www.pifsinternational.org
Who is the CEO of Program On International Financial Systems Inc?
Hal S Scott is the President/Director of Program On International Financial Systems Inc.
Official website here: www.pifsinternational.org
What is the revenue of Program On International Financial Systems Inc?
Program On International Financial Systems Inc's revenue in 2022 was $3,512,408.
Official website here: www.pifsinternational.org
Who are the executives of Program On International Financial Systems Inc and what are their salaries?
The average compensation at Program On International Financial Systems Inc during 2022 was $126,344. There are 12 employees and 120 volunteers at Program On International Financial Systems Inc.
Here are 11 key members and their salaries:
- Compensation: $600,000
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $70,000
- Related: $0
- Other: $0
- Compensation: $87,500
- Related: $0
- Other: $7,177
- Compensation: $339,897
- Related: $0
- Other: $17,340
- Compensation: $161,500
- Related: $0
- Other: $15,670
Official website here: www.pifsinternational.org
Where can I find the form 990 for Program On International Financial Systems Inc?
Program On International Financial Systems Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pifsinternational.org
Learn more at the official website: www.pifsinternational.org
Mission Statement of Program On International Financial Systems Inc
The Program on International Financial Systems (PIFS), a 501(c)(3) organization, is dedicated to promoting dialogue and education on matters affecting the global financial system. It achieves this mission by hosting international symposia, executive education programs, and special events. These events serve as platforms for senior policymakers, financial sector executives, and prominent academics to engage in discussions on policy issues that impact the global financial system. Furthermore, PIFS supports academic scholarship on these topics, fostering a deeper understanding of the intricacies of the global financial system. In 2022, PIFS hosted symposia with Europe, China, and Japan, each event attracting approximately 100 participants. Additionally, PIFS has hosted executive education programs for government officials from various countries, some in collaboration with esteemed institutions like Harvard Law School Executive Education and the International Organization of Securities Commissions (IOSCO). The organization also organizes special events on discrete policy issues, such as institutional investors and crypto assets, climate-related financial regulation, and roundtable discussions with high-level financial regulators.
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Impact
July, 2024
Program On International Financial Systems Inc's impact can be seen through its hosting of international symposia, executive education programs, and special events that foster dialogue and promote education on issues affecting the global financial system. By bringing together senior policymakers, financial sector executives, and prominent academics from around the world, PIFS creates a platform for discussing and addressing policy issues impacting the global financial system.
In addition, PIFS supports academic scholarship on these issues, further contributing to the advancement of knowledge and understanding in the field of international financial systems. By hosting events such as symposia with Europe, China, and Japan, as well as executive education programs for government officials from foreign countries in collaboration with prestigious institutions like Harvard Law School Executive Education and the International Organization of Securities Commissions (IOSCO), PIFS plays a significant role in building expertise and capacity in global financial governance.
Furthermore, PIFS's special events on topics like institutional investors, crypto assets, climate-related financial regulation, and more provide a platform for in-depth discussions and knowledge-sharing on emerging and critical issues in the financial sector. The organization's efforts contribute to shaping policies, fostering cooperation, and promoting research in the field of international financial systems on a global scale.
This information is meant to be a general summary of Program On International Financial Systems Inc. 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 2022.
- Investment Income: $10,418
- Program Service Revenue: $524,351
- Gross Receipts: $3,827,861
Assets and Liabilities:
- Total Assets: $3,725,139
- Total Liabilities: $339,288
- Net Assets: $3,385,851
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$524,351
Organization Details
Founding Year
2017
Phone
(857) 242-6747Principal Officer
Hal S Scott
Main Address
134 MT AUBURN STREET, CAMBRIDGE, MA, 02138
Website
www.pifsinternational.orgNTEE Category
Code: B90 - Education
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