Government
Data updated April 3, 2025

What does the do?

Updates published annually

The Inter-American Foundation (IAF) is an independent federal agency responsible for supporting community-led development in Latin America and the Caribbean. It provides grants to local organizations to promote sustainable development, expand economic opportunities, and strengthen civil society. It was established in 1969.

In FY 2024,

$36.5M

was spent by the Inter-American Foundation
In FY 2024,

<0.1%

of federal spending was by the Inter-American Foundation

How much does the Inter-American Foundation spend?

The Inter-American Foundation spent $36.5 million in fiscal year (FY) 2024. This was 0.00054% of the $6.78 trillion in overall federal spending. The department ranked 76th among federal agencies in total spending.

The Inter-American Foundation accounted for <0.1% of all federal spending in FY 2024.

Share of IAF net spending compared to the top ten highest spending agencies in FY 2024

Federal spending may shift over time due to population growth, changes in policy and programs, and emerging problems to address. Adjusting for inflation, the Inter-American Foundation’s federal spending has increased from $24.2 million in 1980 to $36.5 million in 2024.

The Inter-American Foundation’s federal spending in FY 2024 was higher than in FY 1980.

Yearly federal net spending by IAF, adjusted for inflation (2024 dollars), FYs 1980–2024

Since 1980, the Inter-American Foundation's spending has increased 50.8%, while overall spending has increased 193.7%.
The department’s spending grew less than overall spending, which means that the department’s share of the federal budget decreased. In 2024, IAF accounted for 0.00054% of all federal spending. That’s 0.000056 percentage points lower than 2014 and 0.00051 points lower than in 1980.
Major legislation, internal or global economic conditions, and acute events like the COVID-19 pandemic can affect spending year to year. For example, the federal budget fluctuated during the pandemic, rising from $5.3 trillion (in 2023 dollars) in 2019 to $7.7 trillion in 2020 and $7.8 trillion in 2021.

The Inter-American Foundation’s share of federal spending in FY 2024 was lower than in FY 1980.

Percentage of federal budget dedicated to IAF, FYs 1980–2024

Most federal spending can be categorized as direct or indirect. Direct spending refers to money the federal government spends on budget items such as federal programs, employee salaries, and debt interest. Indirect spending refers to federal transfers to state and local governments.
In FY 2024, all of the Inter-American Foundation's spending was direct.
The chart below outlines all IAF spending.

How did the Inter-American Foundation spend its budget in 2024?

Federal government net spending isolated to IAF, FY 2024

How many people work for the Inter-American Foundation?

Some 45 of the 2.31 million total civilian federal employees work for the Inter-American Foundation as of September 2024. This is 12.5% more people than the agency staffed in 2010.

The number of federal employees working for the Inter-American Foundation has increased 12.5% since 2010.

Number of federal employees working for IAF, September 2010–2024

IAF accounts for 0.002% of the overall federal workforce. As the number of federal employees has changed, so too has the way the workforce is organized, with resources allocated to agencies depending on government priorities. IAF constituted a larger share of the overall federal workforce in September 2024 than in 2010 (0.0019%).
While the number of employees on an agency’s payroll contributes to that agency’s expenditures, some agencies have relatively few employees compared to their budget or vice versa, giving them an outsized share of either the budget or the workforce. According to the most recent data, the Inter-American Foundation's share of the workforce (0.002%) is larger than its share of the budget (0.00054%).

Who leads the Inter-American Foundation?

The IAF is led by a President and CEO who is appointed by IAF's Board of Directors. The board members are appointed by the president of the United States and confirmed by the Senate.

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Methodology

USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.

Page sources

USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.

  • Office of Personnel Management

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  • Office of Management and Budget and US Department of the Treasury

    Budget of the US Government and Monthly Treasury Statement

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