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The Institute of Internal Auditors North AmericaBreadcrumb SeparatorInternal Audit FoundationBreadcrumb SeparatorAbout the Internal Audit Foundation

About Internal Audit Foundation

Originally called The Foundation for Auditability, Research, and Education (FARE), and later known as The IIA Research Foundation, the Internal Audit Foundation was established in 1976. Since then, the Foundation has consistently set the standard for professional achievement in the internal auditing profession.

The Foundation is a 501(c)(3) tax-exempt (in the United States) corporation formed to provide and expand research and education for the benefit of internal auditors, the internal auditing profession, the business and government communities, and the general public. For over 35 years, The Foundation has been the global leader in sponsoring, disseminating, and promoting research and knowledge resources to enhance the development and effectiveness of the internal audit profession.

Vision: To be a vital resource for impactful Internal Audit and related Stakeholder research, educational materials and practice insights.


The Foundation's major objective is to shape, expand and advance knowledge of internal auditing by developing and disseminating timely, relevant information and insights that address the needs of our Stakeholders globally.

  • Goal #1: Provide internal auditors and related stakeholders with knowledge and innovative insights that enhance the profession’s value proposition
  • Goal #2: Promote enhancements in professional practice through the identification and selection of topical issues of interest to our global stakeholders
  • Goal #3: Produce and deliver a suite of timely and relevant materials that address the needs of a broad range of key stakeholders
  • Goal #4: Deploy both financial and business models that are sustainable for the Foundation.

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