The International Finance Corporation (IFC), established in 1956 and headquartered in Washington D.C., provides investment and advisory services to promote private sector development in developing countries with the goal of improving living standards and alleviating poverty. It supports private companies through financing and technical assistance, focusing on sustainable agriculture, health, education, and infrastructure, among other sectors. The IFC operates with 184 member countries and is governed by a board of 25 executive directors, including representatives from multiple nations.