International Law Institute

“The organization's bylaws and articles of incorporation were amended in jan 2024”

“The finance committee and executive committee have not regularly documented their meeting and actions.”

“The form 990 was prepared by the outside accountants and reviewed by the president. A copy of the form 990 was provided to the board prior to filing with the irs.”

“Board members and staff are required to sign a conflict of interest statement annually. Potential or reported conflicts are considered and resolved by disinterested members of the finance committee.”

“The salary of the executive director is determined annually after performance review by an informal committee of directors in either late december or early january. The compensation of comparable organizations is taken into account, along with the executive director's performance and relative compensation of other ili employees. The executive director does not have a say in the final compensation decision which is then approved by the board. The most recent review process took place in september 2024.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Professionals may achieve practical solutions to common problems in ways that suit their nations' own needs. Economic growth and social stability is achieved through the right combination of enlightened policies, capable administration, and an active private sector. The process includes developing a transparent, efficient, and stable legal system; sound financial institutions; and a core of trained, able individuals in various professions. The institutions that matter - good government, stable legal and judicial systems, transparent procurement policies and functioning capital markets - are fundamental, but ultimately they are only as effective as the people who create and manage them. Through its commitment to fostering prosperity around the globe, ili has been providing professional training and technical assistance to the individuals and institutions who manage these institutional systems.”

“Professional fees: program service expenses 378,145. Management and general expenses 32,539. Fundraising expenses 0. Total expenses 410,684.”