Inter-American Foundation

Inter-American Foundation At A Glance

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The Inter-American Foundation (IAF) is an independent U.S. agency dedicated to channel development assistance directly to the poor in Latin America and the Caribbean. 

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Created in 1969, the Inter-American Foundation (IAF) is an independent U.S. agency dedicated to channel development assistance directly to the poor in Latin America and the Caribbean. Authorized by the Foreign Assistance Act of 1969, and initially conceived as a temporary venture, the IAF was created to assist with increasing educational opportunities, the production of food and the development of agriculture, and the improvement of environmental conditions relating to health, maternal and child care, family planning, housing, free trade union development and other social and economic needs. It also seeks to incorporate marginalized groups into much of its assistance. Since its inception, the IAF has given more than 5,100 grants valued at more than $700 million in development assistance. It receives resources from two main funding streams: repayments of loans originally made by the U.S. government under the Alliance for Progress to various Latin American and Caribbean governments via the Inter-American Development Bank, and annual appropriations from the U.S. Congress. In the FY 2014 Omnibus, Congress appropriated $22.5 million for the IAF, which was relatively consistent with historical funding levels.

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