The International Basketball Federation, commonly known as FIBA, is the global governing body for the sport of basketball. Founded in 1932, it oversees international competitions, including the FIBA Basketball World Cup and the basketball events at the Olympic Games. FIBA also establishes the official rules of the game and promotes basketball development worldwide. FIBA is responsible for organizing and regulating national basketball federations across its member countries. It currently has over 200 national federations as members, making it one of the largest sports organizations globally. FIBA aims to grow the sport and ensure fair play and sportsmanship in basketball competitions.