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International AIDS Vaccine Initiative
Also known as Iavi
International AIDS Vaccine Initiative reported $103.4 million in revenue and $107.3 million in expenses for calendar year 2025. Of every $100 it spent, $85.17 went to program services, $14.67 to management and general costs and $0.16 to fundraising. Its largest source of revenue was contributions and grants: 96.1% of the total. Government grants made up 38.9%. The highest compensation it reported for one person was $767,248 (PRESIDENT/CEO). 163 people received more than $100,000 in reportable compensation. Revenue rose 17% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $107MFor context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $103MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.2% | 86.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.7% | 8.0% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 2.6% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 96.1% | 96.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 38.9% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.2% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $767,248 | $341,362 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.71% | 1.06% |
| People paid over $100,000 Part VII, line 2 | 163 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 5.5 | 7.5 |
| Independent voting board members Part VI 1a–1b | 13 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseResearch and development:through scientific and clinical research in africa, india, europe, and the U.S., iavi develops vaccines and antibodies in and for the developing world and seeks to accelerate their introduction in low-income countries. Iavi advances scientific discovery and development by fostering unique collaborations among academia, industry, local communities, governments, and funders to explore new and better ways to address public health threats that disproportionately affect people living in poverty. Vaccine and antibody candidates are put through a rigorous process of clinical…
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Director/trustee, officer, 35.00 hrs/week | $705,773 | $0 | $61,475 | $767,248 |
| CHIEF DEV. OFFICER- RESEARCH DEV. Highest compensated employee, 35.00 hrs/week | $414,513 | $0 | $64,206 | $478,719 |
| VP, HEAD OF EID AND EPIDEMIOLOGY Highest compensated employee, 35.00 hrs/week | $393,577 | $0 | $51,231 | $444,808 |
| VP, DISCOVERY SCIENCE Highest compensated employee, 35.00 hrs/week | $374,045 | $0 | $57,507 | $431,552 |
| VIRAL VACC. & HEAD OF DDL Highest compensated employee, 35.00 hrs/week | $376,537 | $0 | $51,372 | $427,909 |
| CHIEF PEOPLE OFFICER, VP OF HR Officer, 35.00 hrs/week | $367,640 | $0 | $58,899 | $426,539 |
| GENERAL COUNSEL / BOARD SECRETARY Officer, 35.00 hrs/week | $357,370 | $0 | $66,089 | $423,459 |
| VP, BIOPROCESS DEV. & MFG. Highest compensated employee, 35.00 hrs/week | $346,345 | $0 | $43,056 | $389,401 |
163 people received more than $100,000 in reportable compensation from International AIDS Vaccine Initiative (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.2M (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 13 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5239
- Volunteers Part I, line 613
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| EMMES CORPORATION Clinical research studies | $1,140,283 |
| WCH PTY LTD (CLS) Legal services | $854,117 |
| US MEDIC EQUIP CONSLT Equipment maintenance | $369,625 |
| GRF CPAS & ADVISORS Auditors | $320,397 |
Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to International AIDS Vaccine Initiative totaling $31M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from International AIDS Vaccine Initiative's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for International AIDS Vaccine Initiative, you can publish a response that is linked from this page.
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Of every $100 International AIDS Vaccine Initiative spent in 2025, $85.17 went to programs. The full breakdown, from its IRS Form 990:
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All international, foreign affairs & national security charities · Largest charities in New York
Questions people ask
How much of International AIDS Vaccine Initiative's spending goes to programs?
In calendar year 2025, International AIDS Vaccine Initiative reported that 85.2% of its $107.3 million in expenses went to program services, 14.7% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does International AIDS Vaccine Initiative pay its top executive?
The largest total compensation International AIDS Vaccine Initiative reported for one person in calendar year 2025 was $767,248, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does International AIDS Vaccine Initiative get its money?
Of $103.4 million in revenue in calendar year 2025, 96.1% came from contributions and grants (including 38.9% from government grants) and 1.2% from program service revenue (Form 990, Part VIII).
Is International AIDS Vaccine Initiative a registered charity?
The IRS lists EIN 13-3870223 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202632119349300808 · read the filing
- 2024: Form 990 for calendar year 2024, object 202523039349302807 · read the filing
- 2023: Form 990 for calendar year 2023, object 202412049349300811 · read the filing
- 2022: Form 990 for calendar year 2022, object 202331809349300608 · read the filing
- 2021: Form 990 for calendar year 2021, object 202212149349300711 · read the filing
- 2020: Form 990 for calendar year 2020, object 202131899349301048 · read the filing
- 2019: Form 990 for calendar year 2019, object 202031849349301818 · read the filing
All filings for EIN 13-3870223: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.