The Third Party Risk Association was created out of a necessity to build a community of like-minded third party risk professionals to allow for the sharing of best practices, exchanging of ideas, and influencing of an industry. This organization is a 501(c)(6) not-for-profit. Activities in support of this purpose include, but are not limited to: - Promoting the value that third party risk professionals and practitioners add to their organizations; - Providing comprehensive professional, educational, and development opportunities, as well as standards and other professional practice guidance; - Researching, disseminating, and promoting to practitioners and stakeholders knowledge concerning third party risk and its appropriate role in control, risk management, and governance; - Educating practitioners and other relevant audiences on best practices in third party risk; and - Bringing together third party risk professionals and practitioners from all countries to share information, experiences, tools, and techniques. The organization was formed by Julie Gaiaschi & Jon Ehret on October 22, 2018 and is headquartered in Iowa.