The Institute of Current World Affairs is a 501 c(3) Exempt Operating Foundation. Donations to the Institute are tax deductible, as allowed by law. Principal operating revenues for Institute programs are provided from its own endowment, and from the income derived from two private trusts established over 75 years ago to support the Institute. The fellowship program is also supported by generous donations from Institute members and other like-minded individuals.
The following charts provide an overview of the Institute’s 2011 expenditures. Further details are available in the 2011 Audited Financial Statements and Tax return, the 990PF. See below.