Florida · Nonprofit
INTERNAL AUDIT FOUNDATION
INTERNAL AUDIT FOUNDATION (Florida) receives grants from 11 organizations whose IRS filings report $863,988 to it, the largest being NETWORK FOR GOOD ($373,253). 8 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $2.2M
- Funders on record
- 11
- Grants received
- $864k
- Net assets
- $6.5M
What Internal Audit Foundation does
Mission
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. Fueled by the generosity of donors, the Internal Audit Foundation empowers the internal audit profession by developing cutting-edge research and programs. The foundation helps current and future internal auditors stay relevant by building and enhancing their skills and knowledge, ensuring organizations are equipped to create, protect, and sustain long-term value.
As stated on its FY2024 Form 990.
Programs
On its FY2024 return the organization reported starting a significant new program.
The foundation provides a global grant program to provide temporary funding support to iia institutes and chapters to strengthen member programs and services.these grants support initiatives such as certification training, student and university awareness programs, and equipment needs.
Its own explanation, from Schedule O of that return (Part III, line 2).
The foundation provides grants to educational institutions worldwide that participate in the iia's internal audit academic alliance, a program created to strengthen and expand internal audit education in higher education. Through the alliance, schools incorporate an internal auditing curriculum within an undergraduate or graduate degree program endorsed by the iia. The foundation conducts an annual grant cycle each year through which schools may apply for funding to support curriculum development and program growth and marketing.
$393,418 spentof which $99,309 as grants58% of program spendingThe foundation conducts and funds research on the internal audit profession, including studies on emerging practices, the effects of macroeconomic, technological, and environmental factors, and the future of the profession. In collaboration with academics and partner organizations, the foundation produces reports based on both quantitative and qualitative methods.
$144,739 spentof which $14,000 as grants21% of program spendingThe foundation provides a global grant program to provide temporary funding support to iia institutes and chapters to strengthen member programs and services.these grants support initiatives such as certification training, student and university awareness programs, and equipment needs.
$136,489 spentof which $5,750 as grants20% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $674,646.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $5.7M to $7.5M (+31%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
94% of INTERNAL AUDIT FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base held at 4 funders, grant income fell $148k → $70k.
5 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 53% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $625k from one payer (the payer shares this organization's board, largest The Institute of Internal Auditors Inc). These are real filings, and they are not money INTERNAL AUDIT FOUNDATION raised.
From the IRS filings of INTERNAL AUDIT FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
INTERNAL AUDIT FOUNDATION leans on a few funders — its largest provides 43% of grant income and the top three 82%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INTERNAL AUDIT FOUNDATION.
Largest funder’s share by year: 2017 34% · 2018 39% · 2019 59% · 2020 55% · 2021 42% · 2022 58% · 2023 64% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of INTERNAL AUDIT FOUNDATION's funders are still giving 3 years after their first grant; 73% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
53% of INTERNAL AUDIT FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $409k that is directly attributable, 100% of it comes from funders outside Florida, across 5 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $455k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
INTERNAL AUDIT FOUNDATION runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Organizations like INTERNAL AUDIT FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
46% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 37 states
Part of a family of 2 related entities
- The Institute of Internal Auditors Inc · exempt
- Canadian Institute of Internal Auditors · exempt
Screen this organization
A dated, signed PDF of the compliance screen for INTERNAL AUDIT FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds INTERNAL AUDIT FOUNDATION?
- INTERNAL AUDIT FOUNDATION (Florida) receives grants from 11 organizations whose IRS filings report $863,988 to it, the largest being NETWORK FOR GOOD ($373,253). 8 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does INTERNAL AUDIT FOUNDATION have?
- IRS filings report 11 organizations giving $863,988 in grants to INTERNAL AUDIT FOUNDATION, 8 of which have funded it in more than one year.
- Who is the largest funder of INTERNAL AUDIT FOUNDATION?
- NETWORK FOR GOOD is the largest funder on record, with $373,253 in grants. The full list of funders is on this page.
- How can an organization like INTERNAL AUDIT FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing