Information Technology And Innovation Foundation

Information Technology And Innovation Foundation

Washington, DC 20001
Tax ID20-4403497

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About this organization

Revenue

$4,937,375

Expenses

$4,581,031

Website

itif.org

Mission

As technological innovation transforms the global economy and society, policymakers often lack the specialized knowledge and informed perspective necessary to evaluate and respond to fast-moving issues and circumstances. What should they do to capitalize on new opportunities, overcome challenges, and avoid potential pitfalls? The Information Technology and Innovation Foundation (ITIF) exists to provide answers and point the way forward. Founded in 2006, ITIF is an independent 501(c)(3) nonprofit, nonpartisan research and educational institute—a think tank—whose mission is to formulate, evaluate, and promote policy solutions that accelerate innovation and boost productivity to spur growth, opportunity, and progress. ITIF's goal is to provide policymakers around the world with high-quality information, analysis, and recommendations they can trust. To that end, ITIF adheres to a high standard of research integrity with an internal code of ethics grounded in the core values of analytical rigor, policy pragmatism, and independence from external direction or bias.

About

ITIF IS A NONPARTISAN RESEARCH AND EDUCATIONAL INSTITUTE - A THINK TANK - WHOSE MISSION IS TO FORMULATE, EVALUATE, AND PROMOTE POLICY SOLUTIONS THAT ACCELERATE INNOVATION AND BOOST PRODUCTIVITY TO SPUR GROWTH, OPPORTUNITY, AND PROGRESS. ITIF FOCUSES ON A HOST OF CRITICAL ISSUES AT THE INTERSECTION OF TECHNOLOGICAL INNOVATION AND PUBLIC POLICY - INCLUDING IN THE AREAS OF INNOVATION AND COMPETITIVENESS; INFORMATION TECHNOLOGY AND DATA; TELECOMMUNICATIONS; TRADE AND GLOBALIZATION; AND LIFE SCIENCES, AGRICULTURAL BIOTECHNOLOGY, AND CLEAN ENERGY.

Interesting data from their 2020 990 filing

The filing sets forth the mission of the non-profit as “Itif is a non-partisan research and educational institute whose mission is to formulate and promote public policies to advance technological innovation and productivity internationally, in washington and in the states.”.

When detailing its responsibilities, they were listed as: “Itif is a non-partisan research and educational institute.”.

  • The state in which the non-profit is legally permitted to operate is DE.
  • The address of the non-profit for 2020 according to the filing is 700 K ST NW NO 600, WASHINGTON, DC, 20001.
  • The number of employees reported by the non-profit on their form as of 2020 is 28.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $356,344.
  • The organization has 21 independent voting members.
  • The organization was formed in 2006.
  • The organization pays $2,761,213 in salary, compensation, and benefits to its employees.
  • The organization pays $212,018 in fundraising expenses.

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