We contracted with the independent certified public accounting firm of Williams, Adley & Company-DC LLP (Williams Adley) to conduct an audit of the Inter-American Foundation’s (IAF’s) financial statements for fiscal years 2021 and 2020. The audit objectives were to: (1) express an opinion on whether the financial statements as of September 30, 2021 and 2020, were presented fairly, in all material respects; (2) evaluate IAF’s internal control over financial reporting; and (3) determine whether IAF complied with applicable laws, regulations, contracts, and grant agreements. Williams Adley concluded that IAF’s financial statements are presented fairly, in all material respects, and in conformity with U.S. generally accepted accounting principles. The audit firm did not identify any material weaknesses or significant deficiencies in its internal control over financial reporting. The audit firm also found no reportable noncompliance for fiscal year 2021 with provisions of applicable laws, regulations, contracts, and grant agreements.