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OIG Oversight: Inter-American Foundation Overview
The Inter-American Foundation (IAF) is an independent agency that delivers development assistance directly to grassroots organizations in Latin America and the Caribbean. Created through the Foreign Assistance Act of 1969, IAF was designed to channel development assistance directly to the organized poor in Latin America and the Caribbean. IAF provides grants to grassroots groups and nongovernmental organizations to support creative ideas for self-help. Grant recipients carry out activities to, for example, promote more profitable agriculture, micro businesses and community enterprises; provideskills training vital to well-paid employment; offer access to water, basic utilities and adequate housing; and enable people to channel their energy into productive work.
IAF also encourages partnerships among community organizations, business, and local governments with the aim of improving the quality of life for poor people and strengthening democratic practices. In its grants, IAF works to assure the participation of indigenous peoples, African descendants, persons with disabilities, and other marginalized groups, and encourages their inclusion in political and social processes.
IAF is governed by a board of directors, which appoints the IAF’s president, who also serves as Chief Executive Officer.
For more information, visit the official IAF Website.