Overview
What is Institute For The Future?
Institute For The Future (IFTF) is a Palo Alto, California-based nonprofit organization with a team of 47 researchers and staff. For over five decades, IFTF has been at the forefront of future forecasting, utilizing a variety of research agendas and interconnected labs to create comprehensive scans of the future landscape and delve into urgent futures. Their mission is to catalyze the global community to systematically think about the future. IFTF provides methodologies and tools to both private and public sectors, enabling them to discern and cope with current societal dilemmas, prevent the creation of new complex issues, and develop new alternatives in shaping the global future. Their work includes research initiatives, speeches, workshops, and labs.
Official website here: www.iftf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Institute For The Future has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 90% in this area, the organization demonstrates effective fiscal management, evidenced by high ratings in independent board leadership and a thorough audit oversight process, which contributes to its financial transparency and integrity.
While the Institute excels in financial accountability, it has a relatively lower score in the culture and community aspect, achieving 75%. This score indicates room for improvement in engaging with its community and demonstrating its impact in a way that resonates with stakeholders. Nonetheless, the organization maintains robust policies, including those for conflicts of interest and whistleblower protections, ensuring a solid governance framework.
Overall, the Institute For The Future stands out for its financial health and commitment to transparency, but it may benefit from enhancing its community engagement efforts to further strengthen its organizational impact.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For The Future legitimate?
Institute For The Future is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For The Future 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: $2,033,011
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,343,535
For more financial information, click here
Official website here: www.iftf.org
What is the mission statement of Institute For The Future?
The Institute For The Future serves as a global catalyst, encouraging systematic thinking about the future. As an independent non-profit organization, they lead innovation in the comprehensive research of long-term futures, offering methods and tools that engage both private and public sectors. Their mission encompasses helping societies discern and cope with present-day dilemmas, preventing the creation of more intricate challenges tomorrow, and shaping the global future by creating new, valuable alternatives.
Official website here: www.iftf.org
Who is the CEO of Institute For The Future?
Marina Gorbis is the Executive Director of Institute For The Future.
Official website here: www.iftf.org
What is the revenue of Institute For The Future?
Institute For The Future's revenue in 2022 was $13,331,270.
Official website here: www.iftf.org
Who are the executives of Institute For The Future and what are their salaries?
The average compensation at Institute For The Future during 2022 was $156,948. There are 47 employees and 7 volunteers at Institute For The Future.
Here are 19 key members and their salaries:
- Compensation: $347,881
- Related: $0
- Other: $64,184
- Compensation: $249,469
- Related: $0
- Other: $51,964
- Compensation: $254,028
- Related: $0
- Other: $36,308
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $253,040
- Related: $0
- Other: $36,770
- Compensation: $211,107
- Related: $0
- Other: $56,419
- Compensation: $245,444
- Related: $0
- Other: $47,912
- Compensation: $156,636
- Related: $0
- Other: $21,848
- Compensation: $290,740
- Related: $0
- Other: $57,003
- Compensation: $236,301
- Related: $0
- Other: $47,288
- Compensation: $198,097
- Related: $0
- Other: $19,310
- Compensation: $197,311
- Related: $0
- Other: $43,219
- Compensation: $172,609
- Related: $0
- Other: $35,186
Official website here: www.iftf.org
Where can I find the form 990 for Institute For The Future?
Institute For The Future's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iftf.org
Learn more at the official website: www.iftf.org
Mission Statement of Institute For The Future
The Institute for the Future, a pioneering nonprofit organization, is dedicated to anticipating and shaping the long-term future. In this capacity, the Institute catalyzes global communities to think critically about the future, serving as a leading innovator in the comprehensive and systematic research of the far-off future. By providing methodologies and tools to both the public and private sectors, the Institute aims to:
1. Enable today's societies to discern and effectively address pressing dilemmas.
2. Prevent the creation of more intricate challenges tomorrow.
3. Foster the creation of significant alternatives in the global future.
In essence, the Institute for the Future acts as a forward-thinking beacon, empowering organizations and individuals to proactively respond to complex societal issues and envision new possibilities. Through its groundbreaking research and resources, the Institute is committed to helping the world navigate the intricacies of the future and create a more sustainable and desirable future for all.
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Impact
October, 2024
Institute For The Future has made a significant impact by providing organizations worldwide with valuable future forecasting research and methodologies. Over the past 50 years, it has engaged in independent futures research that fosters foresight, leading to actionable insights and strategies for navigating an ever-changing world. Through a combination of research initiatives, workshops, and labs, IFTF explores both broad and deep aspects of the future landscape.
The organization catalyzes a global community to think systematically about the long-term future, empowering innovators and leaders in both the private and public sectors. By addressing current societal dilemmas and working to prevent future complexities, IFTF plays a crucial role in shaping alternatives that enhance global resilience and adaptability. Its comprehensive approaches not only inform decision-making today but also guide the creation of sustainable futures.
This information is meant to be a general summary of Institute For The Future. 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: $1,971
- Program Service Revenue: $13,312,593
- Gross Receipts: $13,331,270
Assets and Liabilities:
- Total Assets: $8,524,539
- Total Liabilities: $4,512,229
- Net Assets: $4,012,310
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$6,890,921
PROGRAM SERVICE REVENUE
Revenue
$6,414,054
PUBLICATION INCOME
Revenue
$7,618
Organization Details
Founding Year
1968
Phone
(650) 854-6322Principal Officer
Marina Gorbis
Main Address
201 HAMILTON AVENUE, PALO ALTO, CA, 94301
Website
www.iftf.orgNTEE Category
Code: B99Z - Education
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