Finance and governance
IFAW adheres to the highest professional standards of financial management and oversight in all the countries in which we operate. We have developed global policies to ensure the sound stewardship of donor funds and to ensure that we can achieve the maximum positive impact for animals in crisis around the world.
As a nonprofit organization that is exempt from federal taxation, we ensure our donors’ money is spent as efficiently and effectively as possible.
We communicate with our supporters, donors, and prospective donors by email, postal mail, phone, and other means, both to educate the public and to request contributions. These educational activities correspond to the organization’s major program areas and campaigns. Education, advocacy and awareness activities both inform and educate the public in addition to motivating our constituents to take action for animals.
As a result, in accordance with the Financial Accounting Standards Board (FASB) guidelines and Internal Revenue Service (IRS) guidance, when a communication has both a programmatic and fundraising component, the costs associated with these activities are allocated to program and fundraising costs according to the content of the activity. This standard practice in non-profit accounting is called joint cost allocation.
IFAW operates on a July 1 to June 30 fiscal year. The documents below are from the latest fiscal year for which filings have been completed.