Liabilities / Assets
6th percentile
Higher debt load relative to assets than 6% of similar nonprofits.
990 • Fiscal year 2016 • EIN 54-6063408
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
6th percentile
Higher debt load relative to assets than 6% of similar nonprofits.
Liabilities / Revenue
9th percentile
Higher debt load relative to revenue than 9% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 165.8% of source-year revenue.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
42nd percentile
Faster revenue growth than 42% of similar nonprofits.
Assets
Up$13,077,413
Up $689,397 (+5.6%) from 2015
Net Assets
Up$13,067,073
Up $687,197 (+5.6%) from 2015
Liabilities
Up$10,340
Up $2,200 (+27%) from 2015
Revenue
Up$726,423
Up $3,892 (+0.5%) from 2015
Expenses
Up$600,065
Up $52,291 (+9.5%) from 2015
Net Income
Down$126,358
Down $48,399 (-28%) from 2015
Cfa institute research foundations mission is to provide independent, high-quality research that helps investment professionals effectively fulfill their duties with prudence, loyalty and care. The foundation emphasizes research of practical value to investment professionals, while exploring new and challenging topics that provide a unique perspective in the evolving profession of investment management.
To provide independent, high quality research that helps investment professionals effectively fulfill their duties with prudence, loyalty and care.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $12,219,811 | $12,882,315 | ▲ $662,504 |
| Inventories for Sale or Use | $75,584 | $96,874 | ▲ $21,290 |
| Cash and Non-Interest-Bearing Accounts | $64,576 | $79,397 | ▲ $14,821 |
| Prepaid Expenses and Deferred Charges | $0 | $6,331 | ▲ $6,331 |
| Accounts Receivable | $1,493 | $4,130 | ▲ $2,637 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Land, Buildings, and Equipment, Net | $0 | - | - |
| Intangible Assets | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $12,388,016 | $13,077,413 | ▲ $689,397 |
| Other Assets Total | $26,552 | $8,366 | ▼ $18,186 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $8,140 | $10,340 | ▲ $2,200 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $8,140 | $10,340 | ▲ $2,200 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $12,379,876 | $13,067,073 | ▲ $687,197 |
| Permanently Rstr Net Assets | $0 | $0 | → $0 |
| Temporarily Rstr Net Assets | $0 | $0 | → $0 |
| Total Net Assets Fund Balance | $12,379,876 | $13,067,073 | ▲ $687,197 |
| Total Liabilities and Net Assets / Fund Balance | $12,388,016 | $13,077,413 | ▲ $689,397 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2015 | $1,467,771 | - | ▲ $15,745 | $0 | $1,410,766 |
| 2014 | $1,539,230 | - | ▲ $2,791 | $0 | $1,467,771 |
| 2013 | $1,574,843 | - | ▲ $39,387 | $0 | $1,539,230 |
| 2012 | $1,642,611 | $3,000 | ▲ $16,732 | $0 | $1,574,843 |
| 2011 | $1,724,601 | - | ▲ $22,260 | $0 | $1,642,611 |
| Name | Title | Other | Total |
|---|---|---|---|
| R Christine Sapsara | Secretary - Exit 4/2016 | $86,187 | $86,187 |
| Renee Kathleen-doyle Blasky | Board Member | $57,400 | $57,400 |
| Name | Title |
|---|---|
| John T Grier Cfa | Chair |
| Jeffery V Bailey Cfa | Immediate Past Chair |
| Dwight Churchill Cfa | President & CEO-exited 1/2015 |
| Joachim Klement Cfa Cfp | Vice Chair |
| Aaron Low Cfa | Board Member |
| Arnold S Wood Emeritus | Board Member |
| Brian Singer Cfa | Board Member |
| Diane Garnick CPA | Board Member |
| Frederic Lebel Cfa | Board Member |
| George R Hoguet Cfa Frm | Board Member |
| Jason Hsu Phd | Board Member |
| Paul Smith Cfa | Board Member |
| Vikram Kuriyan Phd Cfa | Board Member |
| Wayne H Wagner | Board Member |
| Walter V Haslett Jr Cfa | Executive Director/board Mbr |
| Jessica Lawson | Secretary - Entered 4/2016 |
| Kimball E Maynard | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $403,815 |
| Grants and Similar Amounts Paid | $196,250 |
| Total Fundraising Expense | $18,217 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $133,250 | - | - | $133,250 |
| Fees for Services Other | $115,075 | $600 | $6,000 | $121,675 |
| Travel | $30,422 | $69,095 | - | $99,517 |
| Grants to Domestic Orgs | $42,500 | - | - | $42,500 |
| Payments to Affiliates | $11,000 | $26,000 | - | $37,000 |
| Conferences and Meetings | $31,131 | $2,698 | - | $33,829 |
| Fees for Services Accounting | - | $26,572 | - | $26,572 |
| Foreign Grants | $20,500 | - | - | $20,500 |
| Office Expenses | $8,019 | $3,118 | $36 | $11,173 |
| Information Technology | - | $4,300 | $3,200 | $7,500 |
| Fees for Services Management | - | $6,910 | - | $6,910 |
| Fees for Services Legal | - | - | $4,952 | $4,952 |
| Other Expenses | $876 | $1,588 | $4,029 | $876 |
| Advertising | $65 | - | - | $65 |
| Total Functional Expenses | $440,967 | $140,881 | $18,217 | $600,065 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,197,065 |
| Expenses per Audited Statements | $600,065 |
| Total Expenses per Form 990 | $600,065 |
| Expenses Not Reported on Form 990 | $597,000 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Derosa Research and Trading Inc | New Cannan, CT | - | - | $15,000 |
| Vst Inc | Lafayette, CA | - | - | $15,000 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | Grantmaking | - | - | - | $15,500 |
| East Asia and the Pacific | Grantmaking | - | - | - | $2,500 |
| South Asia | Grantmaking | - | - | - | $2,500 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
“Cfa institute research foundation has one sole voting member, cfa institute, which has the exclusive right to elect and remove elected trustees.”
“Form 990 will be presented to the finance committee chair and executive director in detail. In addition, copies will be provided to each member of the board of trustees. The chair/executive director presentation and provision of copies to the board occur prior to filing.”
“Cfa institute research foundation has adopted and operates under a written conflict of interest policy established by its sole member, cfa institute. Cfa institute research foundation monitors and enforces compliance with this policy.”
“The organization's financial statements, governing documents and the cfa institute research foundation's conflict of interest policy are available to the public upon request.”
“Although cfa institute research foundation has not formally adopted whistleblower, and document retention and destruction policies, it operates under the policies established by its sole voting member, cfa institute.”
“Description:consulting total fees:121075”
“Description:other total fees:600”
“Cfa institute research foundation intends to utilize its endowment to support the research activities of the foundation in perpetuity. The 11 september memorial scholarship fund utilizes its funds to provide educational scholarships that benefit survivors and families of the 11 september terrorist attacks.”
“The foundation has performed an evaluation of its tax positions and has maintained its tax-exempt status. The foundation determined that it has adequately provided for all open tax years under the income taxes topic of the fasb asc and has no uncertain tax positions.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 8140 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 10340 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1493 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 4130 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE INDEPENDENT, HIGH QUALITY RESEARCH THAT HELPS INVESTMENT PROFESSIONALS EFFECTIVELY FULFILL THEIR DUTIES WITH PRUDENCE, LOYALTY AND CARE. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 65 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 65 |
| IRS990/AllOtherContributionsAmt | 0 | 258817 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | KIMBALL MAYNARD |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4349515499 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 915 EAST HIGH STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CHARLOTTESVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 22902 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 64576 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 79397 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 2698 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 31131 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 33829 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 415635 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 196250 |
| IRS990/CYInvestmentIncomeAmt | 0 | 298812 |
| IRS990/CYOtherExpensesAmt | 0 | 403815 |
| IRS990/CYOtherRevenueAmt | 0 | 501 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 11475 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 126358 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 600065 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 18217 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 726423 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | CFA INSTITUTE RESEARCH FOUNDATION SPONSORED, PUBLISHED AND DISTRIBUTED RESEARCH THAT CONTRIBUTED TO THE GLOBAL BODY OF KNOWLEDGE THAT INVESTMENT PROFESSIONALS AROUND THE WORLD USE IN THEIR DAY-TO-DAY PRACTICE. OVER THE PAST YEAR, THE FOUNDATION PUBLISHED: LET'S ALL LEARN HOW TO FISH...TO SUSTAIN LONG-TERM ECONOMIC GROWTH(MAY 2016), RESEARCH FOUNDATION REVIEW 2015 (MARCH 2016), THE INDUSTRIAL ORGANIZATION OF THE GLOBAL ASSET MANAGEMENT BUSINESS (NOVEMBER 2015), AND TRADING AND ELECTRONIC MARKETS: WHAT INVESTMENT PROFESSIONALS NEED TO KNOW(OCTOBER 2015). |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 354732 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 26572 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 26572 |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 4952 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 4952 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 6910 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 6910 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 6000 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 600 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 115075 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 121675 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | true |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/ProgramServicesAmt | 0 | 20500 |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 20500 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 2.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 2.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 2.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 2.0 |
| IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 49309 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 155093 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 31619 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 19977 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 1592 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JEFFERY V BAILEY CFA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | WALTER V HASLETT JR CFA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PAUL SMITH CFA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RENEE KATHLEEN-DOYLE BLASKY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DIANE GARNICK CPA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JOHN T GRIER CFA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BRIAN SINGER CFA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | GEORGE R HOGUET CFA FRM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | WAYNE H WAGNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | ARNOLD S WOOD EMERITUS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JOACHIM KLEMENT CFA CFP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | AARON LOW CFA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | FREDERIC LEBEL CFA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | JASON HSU PHD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | VIKRAM KURIYAN PHD CFA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | KIMBALL E MAYNARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | R CHRISTINE SAPSARA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | JESSICA LAWSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | DWIGHT CHURCHILL CFA |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 300073 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 1049047 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 57400 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 188999 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 66210 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 131818 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | IMMEDIATE PAST CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | EXECUTIVE DIRECTOR/BOARD MBR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | SECRETARY - EXIT 4/2016 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | SECRETARY - ENTERED 4/2016 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | PRESIDENT & CEO-EXITED 1/2015 |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1965 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | true |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 26786 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GrantAmt | 0 | 123500 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 133250 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 133250 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 42500 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 42500 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 295564 |
| IRS990/GrossReceiptsAmt | 0 | 995201 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 3200 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 4300 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 7500 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 75584 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 96874 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 272026 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 272026 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 12219811 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 12882315 |
| IRS990/IRPDocumentCnt | 0 | 13 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 268778 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | CFA INSTITUTE RESEARCH FOUNDATIONS MISSION IS TO PROVIDE INDEPENDENT, HIGH-QUALITY RESEARCH THAT HELPS INVESTMENT PROFESSIONALS EFFECTIVELY FULFILL THEIR DUTIES WITH PRUDENCE, LOYALTY AND CARE. THE FOUNDATION EMPHASIZES RESEARCH OF PRACTICAL VALUE TO INVESTMENT PROFESSIONALS, WHILE EXPLORING NEW AND CHALLENGING TOPICS THAT PROVIDE A UNIQUE PERSPECTIVE IN THE EVOLVING PROFESSION OF INVESTMENT MANAGEMENT. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | true |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 12379876 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 13067073 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 26786 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 26786 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 560839 |
| IRS990/NoncashContributionsAmt | 0 | 4263 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 36 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3118 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 8019 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 11173 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 26552 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 8366 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | PRODUCT MERCHANDISE COSTS |
| IRS990/OtherExpensesGrp/Desc | 1 | TAXES |
| IRS990/OtherExpensesGrp/Desc | 2 | ALL OTHER EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | STAFF TRAINING |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 4029 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1588 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 47719 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 410 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 876 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 47719 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 4439 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1588 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 876 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt | 0 | 26000 |
| IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt | 0 | 11000 |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 37000 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 6331 |
| IRS990/PrincipalOfficerNm | 0 | Paul Smith |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 511120 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PUBLICATIONS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 11475 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 11475 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | CFA INSTITUTE RESEARCH FOUNDATION CONTINUED TO ADMINISTER THE CFA INSTITUTE 11 SEPTEMBER MEMORIAL SCHOLARSHIP FUND, WHICH ANNUALLY AWARDS SCHOLARSHIPS TO STUDENTS PURSUING UNDERGRADUATE EDUCATION IN FINANCE, ECONOMICS, ACCOUNTING OR BUSINESS ETHICS AND WHO ARE EITHER FAMILY OF THE 11 SEPTEMBER 2001 TERRORIST ATTACK CASUALTIES OR WHO THEMSELVES WERE DISABLED IN THE ATTACK. DURING THE 2015-2016 ACADEMIC YEAR THE FUNDS WERE AWARDED TO 15 QUALIFIED INDIVIDUALS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 86235 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 72750 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 394189 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 214750 |
| IRS990/PYInvestmentIncomeAmt | 0 | 317092 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 333024 |
| IRS990/PYOtherRevenueAmt | 0 | 515 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 10735 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 174757 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 547774 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 722531 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt | 0 | 0 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 126358 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RelatedOrganizationsAmt | 0 | 156818 |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 11475 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/ExclusionAmt | 0 | 501 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.