Financials

The purpose of the Foundation for a Smoke-Free World is to improve global health by ending smoking in this generation. The Foundation funds research, promotes innovation, and supports collaborative initiatives to accelerate progress in reducing harm and deaths from smoking worldwide. The work of the Foundation includes ensuring that the developing world has equitable access to new technologies and approaches associated with smoking cessation and harm reduction. Our mission is also to address the impacts of a reduced demand for tobacco on smallholder tobacco farmers, and to help them transition to alternative crops and livelihoods.

The Foundation for a Smoke-Free World is an independent, US nonprofit 501(c)(3) organization, currently funded by Philip Morris International (PMI) through a binding Pledge Agreement for 12 years. The Foundation guaranteed its independence through its Certificate of Incorporation and Bylaws that preclude any influence from PMI or any other tobacco company on the Foundation’s activities or funded research. The Foundation’s Board of Directors and independent external auditors hired by the Board ensure compliance.

We post our audited financial statements and Form 990-PF to this site. Within our funding principles, our Pledge Agreement with PMI states that beginning in 2020 the Foundation will make its audited financial statements and Form 990-PF for the prior year publicly available by May 31. We are beginning the process in May 2019 with the 2018 financial reports.

WordPress Appliance - Powered by TurnKey Linux