2026-05-13T17:09:27-04:00 2025-06-30 PwC US Tax LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2024-07-01 200247649 YESHIVA UNIVERSITY HIGH SCHOOLS % MR ALAN KLUGER YESH 6465924005 2540 AMSTERDAM AVENUE NEW YORK NY 10033 ALAN KLUGER DIRECTOR OF TAX 6465924009 2026-05-12 true true SAPNA P VASU P00545692 2673303000 2026-05-12 2024 2025-03-06 01:10:19Z ALAN KLUGER 2540 AMSTERDAM AVENUE NEW YORK NY 10033 20036815 false X YUHSB.ORG AND YUHSG.ORG X 2003 NY THE PRIMARY MISSION OF THE YESHIVA UNIVERSITY HIGH SCHOOLS IS TO TEACH AND PERPETUATE THE VALUES OF TORAH AND SECULAR STUDIES. SEE SCHEDULE O 23 23 156 23 421 0 4119678 3720536 14968322 14082153 667882 977222 -156525 -110821 19599357 18669090 3226421 3167221 0 0 9815417 9348925 0 0 185044 6895027 5825996 19936865 18342142 -337508 326948 27229629 24775775 7729870 3611860 19499759 21163915 X THE YESHIVA UNIVERSITY HIGH SCHOOLS HAS AS ITS EDUCATIONAL MISSION TO TEACH AND PERPETUATE THE VALUES OF TORAH AND SECULAR STUDIES. SEE SCHEDULE O. false false 16455420 3167221 14082153 YESHIVA UNIVERSITY HIGH SCHOOLS ("THE HIGH SCHOOLS") IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE. THE HIGH SCHOOLS, WHICH CONSISTS OF THE MARSHA STERN TALMUDICAL ACADEMY YESHIVA UNIVERSITY HIGH SCHOOL FOR BOYS AND THE SAMUEL H. WANG YESHIVA UNIVERSITY HIGH SCHOOL FOR GIRLS, MAINTAINS SEPARATE SECONDARY SCHOOL PROGRAMS FOR BOYS AND GIRLS. INSTRUCTION IS PROVIDED TO APPROXIMATELY 410 HIGH SCHOOL STUDENTS. THE HIGH SCHOOLS OFFER COLLEGE PREPARATORY PROGRAMS AND COMPREHENSIVE JEWISH STUDIES PROGRAMS LEADING TO A NEW YORK STATE REGENTS DIPLOMA. THE SCHOOLS ARE ACCREDITED BY BOTH THE NEW YORK STATE BOARD OF REGENTS AND THE MIDDLE STATES COMMISSION ON SECONDARY EDUCATION. 16455420 true true false false false false false false false true true true false false true false true false true true true false false true true false false false true true false false false false false false false false true false false false false true false false false true X 0 0 true 156 true true true false false false false true true false false false false false false X 23 23 true false false false false false false true true false false true true true true true true true true false X MR ALAN KLUGER 6465924009 YESHIVA UNIVERSITY 500 WEST 185TH S NEW YORK NY 10033 X RABBI SHIMON SCHENKER MENAHEL 35.0 0.0 X 204700 0 57249 RABBI DANIEL KONIGSBERG PRINCIPAL 35.0 0.0 X 127215 0 114762 BRACHA RUTNER HEAD OF SCHOOL UNTIL JUNE 2025 35.0 0.0 X 145595 0 78705 RABBI TANCHUM COHEN TEACHER/PROGRAM DIRECTOR 35.0 0.0 X 155209 0 31176 BARUCH MENDELSON TEACHER/PROGRAM DIRECTOR 35.0 0.0 X 66264 0 100192 ALIZA GEWIRTZ TEACHER/PRINCIPAL 35.0 0.0 X 91113 0 65372 LEAH SILVERA TEACHER/PRINCIPAL 35.0 0.0 X 91113 0 65372 NETANEL DANTO TEACHER/PROGRAM DIRECTOR 35.0 0.0 X 77767 0 73898 RABBI DR ARI D BERMAN PRESIDENT/TRUSTEE 5.0 0.0 X X 0 0 0 MIRIAM P GOLDBERG BOARD CHAIR/TRUSTEE 5.0 0.0 X 0 0 0 DEBRA ABITAN TRUSTEE 1.0 0.0 X 0 0 0 RABBI STEVEN BURG TRUSTEE 1.0 0.0 X 0 0 0 YOSSI COHEN TRUSTEE 1.0 0.0 X 0 0 0 DR FELIX L GLAUBACH TRUSTEE - DECEASED DEC 2024 1.0 0.0 X 0 0 0 ALAN E GOLDBERG TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL JESSELSON TRUSTEE 1.0 0.0 X 0 0 0 RABBI E SAMUEL KLIBANOFF TRUSTEE 1.0 0.0 X 0 0 0 DR RAMA KOSLOWE TRUSTEE 1.0 0.0 X 0 0 0 ELIOT LAUER TRUSTEE 1.0 0.0 X 0 0 0 DAVID MARKOWITZ TRUSTEE 1.0 0.0 X 0 0 0 ALIZA WEIN MERMELSTEIN TRUSTEE 1.0 0.0 X 0 0 0 IRA MITZNER TRUSTEE 1.0 0.0 X 0 0 0 MOSHE OPPENHEIM TRUSTEE 1.0 0.0 X 0 0 0 DAVID OTTENSOSER TRUSTEE 1.0 0.0 X 0 0 0 YITZCHOK ROSENTHAL TRUSTEE 1.0 0.0 X 0 0 0 MORDY ROTHBERG TRUSTEE 1.0 0.0 X 0 0 0 DAVID B SCHWARTZ TRUSTEE 1.0 0.0 X 0 0 0 STEVE TEICHMAN TRUSTEE 1.0 0.0 X 0 0 0 LOUIS TUCHMAN TRUSTEE 1.0 0.0 X 0 0 0 RABBI DANIEL TURKEL TRUSTEE 1.0 0.0 X 0 0 0 ANDREW J LAUER TRUSTEE/VP/GEN COUNSEL 10.0 0.0 X X 0 0 0 HARVEY WRUBEL TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL SCHREIBER VP BUS. AFFAIRS/CFO 5.0 0.0 X 0 0 0 958976 0 586726 23 false true false OXFORD HEALTH PLANS LLC 4 RESEARCH DRIVE SHELTON CT 06484 INSURANCE 1025152 BLANK ROME 130 NORTH 180 STREET PHILADELPHIA PA 19103 LEGAL 643130 SCHOLASTIC TRANSPORTATION PO BOX 100734 BROOKLYN NY 11210 TRANSPORTATION 548300 JOHN LECKIE INC 348 RAILROAD AVE HACKENSACK NJ 07601 TRANSPORTATION 501072 YESHIVA SERVICES LLC 25 ALLIK WAY SPRING VALLEY NY 10977 TRANSPORTATION 181178 11 900012 1593173 1227351 33137 3720536 STUDENT TUITION & FEES 900099 12512990 12512990 STUDENT DORM/FOOD/TRANSPORTATION 900099 1105410 1105410 STUDENT EDUCATION PROGRAMS 900099 321633 321633 PTACH PROGRAM FOR CHILDREN WITH DISABILITIES 900099 142120 142120 14082153 451590 421 451169 0 0 0 0 0 1758233 1229934 528299 525632 525632 26970 900012 137791 -110821 -110821 0 0 0 0 0 0 0 18669090 14082153 421 865980 0 3167221 3167221 0 0 715000 715000 6978011 6853011 125000 0 0 138857 136370 2487 928544 911911 16633 588513 578950 9563 0 0 64150 64150 0 0 65001 65001 82878 2188 80690 20190 20190 820186 102333 689887 27966 91011 56135 34876 0 104772 104772 1444814 1444814 0 181113 181113 0 0 209018 209018 0 ALLOCATED EXPENSES 1220000 1220000 STUDENT PROGRAMS 666578 666578 REPAIRS MAINTENANCE 410877 89100 321777 SECURITY 219301 219301 226107 6623 216089 3395 18342142 16455420 1701678 185044 64490 81071 0 0 909280 845575 83203 350684 0 0 0 0 0 0 0 0 0 0 6297518 4330674 1946347 1966844 12452520 9531989 11095900 11999612 0 0 0 0 677889 0 27229629 24775775 7310833 2679230 0 0 419037 592210 0 0 0 0 0 0 0 0 0 0 0 340420 7729870 3611860 X 1216557 1524807 18283202 19639108 19499759 21163915 27229629 24775775 326948 1337208 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14309078 56800 1918428 1454906 0 14829400 14020997 1800 2273095 1986814 0 14309078 14123326 3689 1048998 1155016 0 14020997 15819822 14900 -967609 743787 0 14123326 12630045 63500 3984053 335932 521844 0 15819822 0.03350 0.73880 0.22770 true false 435000 435000 5358389 4244563 1113826 504129 86111 418018 0 0 1966844 ALTERNATIVE/OTHER INVESTMENTS 11999612 F 11999612 0 DUE TO YESHIVA UNIVERSITY 340420 340420 X 16911867 1337208 1337208 15574659 65001 3029430 3094431 18669090 15247711 137791 137791 15109920 65001 3167221 3232222 18342142 FORM 990, SCHEDULE D, PART V, LINE 4 THE HIGH SCHOOLS' ENDOWMENT FUNDS ARE INTENDED FOR STUDENT SCHOLARSHIPS AND PRIZES, INSTRUCTION AND TRAINING. FORM 990, SCHEDULE D, PART VII - INVESTMENTS THE HIGH SCHOOLS' ALTERNATIVE INVESTMENTS AND PUBLICLY TRADED SECURITIES PRIMARILY REPRESENT OWNERSHIP INTERESTS IN THE YESHIVA UNIVERSITY CONSOLIDATED INVESTMENT POOL. THE HIGH SCHOOOLS ALSO HAVE CERTAIN SEPARATELY INVESTED ASSETS WHICH ARE ALSO MANAGED BY YESHIVA UNIVERSITY. FORM 990, SCHEDULE D, PART X, LINE 2 - FIN 48 EFFECTIVE JULY 1, 2007, THE HIGH SCHOOLS ADOPTED THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AN INTERPRETATION OF FASB STATEMENT NO. 109 (FIN 48). FIN 48 CLARIFIED THE ACCOUNTING FOR UNCERTAIN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FIN 48 ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. THERE WAS NO MATERIAL IMPACT TO THE HIGH SCHOOL'S FINANCIAL STATEMENTS AS A RESULT OF THE ADOPTION OF FIN 48 OR IN THIS REPORTING YEAR. THEREFORE, NO FIN 48 FOOTNOTE WAS INCLUDED IN THE FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2025. FORM 990, SCHEDULE D, PART XI, LINE 4B RECLASS OF SCHOLARSHIP EXPENSES OF $3,167,221 THAT ARE NETTED AGAINST TUITION REVENUE FOR FINANCIAL STATEMENT PURPOSES AND SPECIAL EVENT EXPENSES OF ($137,791) THAT ARE OFFSET AGAINST FUNDRAISING INCOME FOR FORM 990 PURPOSES, TOTALING $3,029,430. FORM 990, SCHEDULE D, PART XII, LINE 2D RECLASS OF SPECIAL EVENT EXPENSES OF $137,791. FORM 990, SCHEDULE D, PART XII, LINE 4B RECLASS OF SCHOLARSHIP EXPENSES OF $3,167,221. true true true true true true true false false false false false false false false true false true SCHEDULE E - PART I - LINE 3 THE NONDISCRIMINATION POLICY CAN BE FOUND ON THE SCHOOLS' WEBSITE APPLICATION PORTAL AS WELL AS IN THE SCHOOL'S HANDBOOK, WHICH CAN ALSO BE FOUND ON THE SCHOOL'S WEBSITE. SCHEDULE E - PART I - LINE 6 YESHIVA UNIVERSITY HIGH SCHOOLS RECEIVED FUNDS FROM THE NEW YORK STATE EDUCATION DEPARTMENT DURING FY 2025 IN THE AMOUNT OF $1,593,173. THE HIGH SCHOOLS' RIGHT TO SUCH AID HAS NEVER BEEN REVOKED OR SUSPENDED. Middle East and North Africa 0 0 Program Services EDUCATION 69751 0 0 0 0 69751 69751 false false false false false false FORM 990, SCHEDULE F, PART I, LINE 3- DETAILS OF ACTIVITIES OUTSIDE THE US EDUCATIONAL STUDENT EXCHANGE PROGRAM IN ISRAEL AND SOLIDARITY TRIPS TO ISRAEL X X X X X X X false ANNUAL DINNER 364555 337585 26970 87166 50625 SCHOLARSHIP CPN 535457 535457 0 900012 873042 26970 87166 50625 137791 -110821 true STUDENT SCHOLARSHIPS AND PRIZES 263 3167221 FORM 990, SCHEDULE I, PART I & III - SUPPLEMENTAL INFORMATION THE HIGH SCHOOLS OFFERS ASSISTANCE TO ITS STUDENTS THROUGH MERIT BASED SCHOLARSHIPS AND NEED BASED FINANCIAL AID. MERIT BASED SCHOLARSHIPS ARE AWARDED BASED ON THE DECISIONS OF A COMMITTEE COMPRISED OF FACULTY AND EDUCATION LEADERSHIP BASED ON A VARIETY OF CHARACTER BASED ACADEMIC CRITERIA. NEED BASED FINANCIAL AID IS AWARDED BY THE HIGH SCHOOL FINANCE OFFICE AND AN INDEPENDENT TUITION ASSISTANCE COMMITTEE. X true true X X X X X X false false false false false false false false false RABBI DANIEL KONIGSBERG PRINCIPAL 127215 0 0 0 0 0 6175 0 108587 0 241977 0 0 0 RABBI SHIMON SCHENKER MENAHEL 204700 0 0 0 0 0 0 0 57249 0 261949 0 0 0 BRACHA RUTNER HEAD OF SCHOOL UNTIL JUNE 2025 145595 0 0 0 0 0 6525 0 72180 0 224300 0 0 0 RABBI TANCHUM COHEN TEACHER/PROGRAM DIRECTOR 150158 0 0 0 5051 0 0 0 31176 0 186385 0 0 0 BARUCH MENDELSON TEACHER/PROGRAM DIRECTOR 61213 0 0 0 5051 0 4152 0 96040 0 166456 0 0 0 NETANEL DANTO TEACHER/PROGRAM DIRECTOR 72716 0 0 0 5051 0 3722 0 70176 0 151665 0 0 0 ALIZA GEWIRTZ TEACHER/PRINCIPAL 86062 0 0 0 5051 0 4394 0 60978 0 156485 0 0 0 LEAH SILVERA TEACHER/PRINCIPAL 86062 0 0 0 5051 0 4394 0 60978 0 156485 0 0 0 FORM 990, SCHEDULE J, PART II - DETAILS OF COMPENSATION RABBI DANIEL KONIGSBERG - COLUMN C INCLUDES EMPLOYEE CONTRIBUTIONS TO A SECTION 403(B) RETIREMENT PLAN. COLUMN D INCLUDES NON-TAXABLE MEDICAL BENEFITS AND THE PORTION OF RABBI KONIGSBERG'S SALARY THAT IS DESIGNATED AS NON-TAXABLE PARSONAGE. RABBI SHIMON SCHENKER - COLUMN D INCLUDES NON-TAXABLE MEDICAL BENEFITS, THE COSTS OF AN EMPLOYER PROVIDED CELL PHONE AND THE PORTION OF RABBI SCHENKER'S SALARY THAT IS DESIGNATED AS NON-TAXABLE PARSONAGE. BRACHA RUTNER -COLUMN C INCLUDES EMPLOYER CONTRIBUTIONS TO A SECTION 403(B) RETIREMEN T PLAN. COLUMN D INCLUDES THE COSTS OF AN EMPLOYER PROVIDED CELL PHONE USED FOR BUSINESS PURPOSES, AND THE PORTION OF MS. RUTNER'S SALARY THAT IS DESIGNATED AS NON-TAXABLE PARSONAGE. RABBI TANCHUM COHEN - COLUMN D INCLUDES NON-TAXABLE MEDICAL BENEFITS. RABBI BARUCH MENDELSON - COLUMN C INCLUDES EMPLOYER CONTRIBUTIONS TO A SECTION 403(B) RETIREMENT PLAN. COLUMN D INCLUDES NON-TAXABLE MEDICAL BENEFITS AND THE PORTION OF RABBI MENDELSON'S SALARY THAT IS DESIGNATED AS NON-TAXABLE PARSONAGE. NETANEL DANTO - COLUMN C INCLUDES EMPLOYER CONTRIBUTIONS TO A SECTION 403(B) RETIREMENT PLAN. COLUMN D INCLUDES NON-TAXABLE MEDICAL BENEFITS AND THE PORTION OF RABBI DANTO'S SALARY THAT IS DESIGNATED AS NON-TAXABLE PARSONAGE. ALIZA GEWRITZ - COLUMN C INCLUDES EMPLOYER CONTRIBUTIONS TO A SECTION 403(B) RETIREMENT PLAN. COLUMN D INCLUDES NON-TAXABLE MEDICAL BENEFITS AND THE PORTION OF MS. GEWIRTZ'S SALARY THAT IS DESIGNATED AS NON-TAXABLE PARSONAGE. FORM 990, PART VII, LINE 5 AND SCHEDULE J COMPENSATION FROM UNRELATED ORGANIZATION THE HIGH SCHOOLS' PRESIDENT, SENIOR VICE PRESIDENT, CFO/VP FOR BUSINESS AFFAIRS, AND VP FOR LEGAL AFFAIRS ARE ALSO OFFICERS OF YESHIVA UNIVERSITY, AN AFFILIATED BUT UNRELATED ORGANIZATION FOR FORM 990 REPORTING PURPOSES. THE UNIVERSITY PROVIDES CERTAIN FINANCIAL, ADMINISTRATIVE, LEGAL, FACILITIES AND HUMAN RESOURCE SERVICES TO THE HIGH SCHOOLS. THESE OFFICERS ARE PAID SOLELY BY YESHIVA UNIVERSITY THROUGH THE UNIVERSITY'S PAYROLL SYSTEM AND THEIR FULL COMPENSATION AND BENEFITS ARE REPORTED ON YESHIVA UNIVERSITY'S FORM 990. FORM 990, SCHEDULE J, PART I PART I, LINE 1A - THE HOUSING ALLOWANCE REFERS TO THE PARSONAGE SALARY DESIGNATION RECEIVED BY CERTAIN EMPLOYEES LISTED IN PART VII AND DETAILED ABOVE. X 5 33137 FMV 0 false true false FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION YESHIVA UNIVERSITY HIGH SCHOOL FOR BOYS: YESHIVA UNIVERSITY HIGH SCHOOL FOR BOYS EMPHASIZES THE CORE BELIEF THAT TORAH IS AT THE CENTER OF OUR EXISTENCE AND REPRESENTS THE LENS THROUGH WHICH WE LOOK AT ALL OF LIFE, AS IT GUIDES OUR RESPONSE TO EACH AND EVERY OPPORTUNITY AND CHALLENGE. WE THEREFORE DEFINE OUR LIVES NOT ONLY BY THE ONGOING STUDY OF TORAH, BUT BY OUR COMPLETE DEDICATION TO THE VALUES AND IDEALS OF TORAH. SIMULTANEOUSLY, WE RECOGNIZE THAT PROPER UNDERSTANDING OF THE SCIENCES AND HUMANITIES, EXAMINED THROUGH THE PRISM OF TORAH, CAN FURTHER OUR APPRECIATION OF G-D'S GREAT WISDOM. IT IS BY THE LIGHT OF BOTH OF G-D'S EXPRESSIONS OF HIS WILL - THROUGH REVELATION AND CREATION, TORAH U'MADDA - THAT WE INTERACT WITH AND IMPACT THE WORLD AROUND US. LIVE A LIFE OF TORAH IN LIGHT OF THE ABOVE, THE YESHIVA PROVIDES A CHALLENGING ACADEMIC PROGRAM IN AN ATMOSPHERE THAT EXPECTS AND EXPRESSES ADHERENCE TO THE TRADITIONAL IDEALS AND PRACTICES OF ORTHODOX JUDAISM. IT IS DESIGNED TO MOTIVATE TORAH LIVING - STRIVING TO BECOME EVER MORE DEVOTED TO G-D, TORAH LEARNING, PERSONAL INTEGRITY, AND THE KIND OF ETHICAL BEHAVIOR BASIC TO JEWISH LIFE AS WELL AS TO PARTICIPATION IN CONTEMPORARY SOCIETY. BECOMING PRODUCTIVE MEMBERS OF SOCIETY AS LAW-ABIDING CITIZENS AND PRODUCTIVE MEMBERS OF THE UNITED STATES OF AMERICA, MTA STUDENTS ARE COMMITTED TO CONTRIBUTING TO THE CULTURE OF THE BROADER COMMUNITY IN WHICH WE LIVE, BRINGING TORAH VALUES TO THE LARGER CIVILIZATION AND THEREBY SANCTIFYING G-D'S NAME. AS THE HIGH SCHOOL OF YESHIVA UNIVERSITY, OUR IDENTIFICATION WITH THE INSTITUTIONAL COMMITMENT TO TORAH U'MADDA REQUIRES THE ESTABLISHMENT OF AN ENVIRONMENT IN WHICH TALMIDIM ARE ENCOURAGED TO PURSUE ALL ACADEMIC STUDIES WITH THE INTENT OF BECOMING MORE UNDERSTANDING OF THE WORLD AND ITS MYSTERIES, TO WORK HARD AT PERSONAL ACADEMIC ACHIEVEMENT, AND TO MAXIMIZE INTELLECTUAL POTENTIAL. IT IS OUR HOPE THAT EACH TALMID WILL SEEK TO ENRICH THE HIGH SCHOOL EXPERIENCE BY INVOLVEMENT IN CO-CURRICULAR ACTIVITIES, BOTH AT YESHIVA AND THROUGH COMMUNAL PARTICIPATION. OUR PROGRAMS, BOTH ACADEMIC AND EXTRACURRICULAR, REFLECT THE PRIMACY OF TORAH AS WELL AS THE IMPORTANCE OF A BROAD LIBERAL ARTS AND SCIENCE PROGRAM. WE STRIVE TO ENABLE OUR TALMIDIM TO FULFILL THEIR RELIGIOUS AND INTELLECTUAL PASSIONS TO THE FULLEST EXTENT POSSIBLE. YESHIVA UNIVERSITY HIGH SCHOOL FOR GIRLS: EDUCATING GENERATIONS OF COMMITTED ORTHODOX JEWISH WOMEN WHO ARE DEEPLY INVESTED IN THEIR OVDEI HASHEM AND DEVOTION TO ERETZ YISRAEL. WE SEEK TO CREATE A COMMUNITY OF LEARNERS WHO PURSUE EXCELLENCE IN BOTH TORAH, GENERAL AND SPECIALIZED STUDIES, FOSTERING A LIFESTYLE THAT THOUGHTFULLY INTEGRATES BOTH REALMS. OUR GRADUATES EMERGE AS CONTRIBUTORS IN THEIR COMMUNITIES, EQUIPPED WITH THE WISDOM, STRENGTH AND VALUES TO MAKE A MEANINGFUL IMPACT IN THE WORLD. FORM 990, PART VI, SECTION A, LINE 11B - BOARD REVIEW OF FORM 990 THE YESHIVA UNIVERSITY HIGH SCHOOLS' FORM 990 WAS REVIEWED AND SIGNED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON A DRAFT RETURN PREPARED BY THE HIGH SCHOOLS' FINANCE STAFF AND DIRECTOR OF TAX. THE DRAFT RETURN WAS REVIEWED BY THE HIGH SCHOOLS' SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER AND GENERAL COUNSEL. THE FINAL VERSION OF THE FORM 990 WAS MADE AVAILABLE TO THE BOARD OF TRUSTEES VIA A SECURE WEBSITE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THE FORM 990, AS FILED, IS MADE AVAILABLE TO THE PUBLIC IN ACCORDANCE WITH INTERNAL REVENUE SERVICE RULES AND REGULATIONS. FORM 990, PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY THE OFFICERS AND BOARD MEMBERS OF THE YESHIVA UNIVERSITY HIGH SCHOOLS ARE SUBJECT TO THE FOLLOWING CONFLICT OF INTEREST POLICY AND PROCEDURES: THE POLICY APPLIES TO ALL MEMBERS OF THE HIGH SCHOOLS' BOARD OF TRUSTEES AND BOARD COMMITTEES, OFFICERS AND KEY EMPLOYEES OF THE HIGH SCHOOL AND SELECT EMPLOYEES AS DESIGNATED BY THE GENERAL COUNSEL (COLLECTIVELY, THE "COVERED PERSONS"). THE POLICY PROVIDES THAT COVERED PERSONS ARE TO ACT AT ALL TIMES IN A MANNER CONSISTENT WITH THEIR RESPONSIBILITIES TO THE HIGH SCHOOL AND AVOID CIRCUMSTANCES IN WHICH THEIR FINANCIAL OR OTHER TIES TO OUTSIDE ENTITIES COULD PRESENT AN ACTUAL, POTENTIAL OR APPARENT CONFLICT OF INTEREST OR IMPAIR THE HIGH SCHOOLS' REPUTATION. FURTHER, ALL COVERED PERSONS ARE NOT TO ENGAGE IN BUSINESS WITH THE HIGH SCHOOL. IN THE CASE OF A RARE EXCEPTION, A GOVERNANCE COMMITTEE HAS BEEN ESTABLISHED TO REVIEW THE FACTS AND, IF IT IS IN THE HIGH SCHOOLS' BEST INTERESTS, APPROVE SUCH EXCEPTIONS. CONFLICT WAIVER REQUESTS CONSIDERED BY THE COMMITTEE, WHETHER OR NOT APPROVED, ARE REPORTED TO THE BOARD OF TRUSTEES. QUESTIONS AS TO WHETHER A TRANSACTION CONSTITUTES A RELATED PARTY TRANSACTION WITH RESPECT TO COVERED PERSONS ARE RESOLVED BY THE CONFLICTS WAIVER COMMITTEE AND THE PRESIDENT IN CONSULTATION WITH THE GENERAL COUNSEL. COVERED PERSONS ARE REQUIRED TO COMPLETE, SIGN AND SUBMIT TO THE GENERAL COUNSEL AN ANNUAL DISCLOSURE STATEMENT; TO PROMPTLY NOTIFY THE GENERAL COUNSEL OF ANY CHANGE IN THE INFORMATION PREVIOUSLY REPORTED ON SUCH PERSON'S DISCLOSURE STATEMENT; AND TO FURNISH SUPPLEMENTAL INFORMATION AND/OR CONFIRM THE CONTINUED ACCURACY OF THE CURRENT DISCLOSURE STATEMENT, IF REQUESTED BY THE GENERAL COUNSEL. IN ADDITION, A COVERED PERSON WHO BELIEVES A CURRENT, PENDING OR PROPOSED TRANSACTION WOULD CONSTITUTE A RELATED PARTY TRANSACTION OR OTHERWISE CONSTITUTE AN ACTUAL, POTENTIAL OR APPARENT CONFLICT OF INTEREST, IS REQUIRED TO PROMPTLY DISCLOSE TO THE GENERAL COUNSEL AND TO THE CHAIR OF EACH BOARD AND COMMITTEE OF WHICH THE COVERED PERSON IS A MEMBER, THE EXISTENCE OF THE CONFLICT (OR APPEARANCE OF CONFLICT) AND OTHER MATERIAL INFORMATION THAT THE COVERED PERSON MAY HAVE REGARDING THE TRANSACTION. NEW COVERED PERSONS ARE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT. THE DETAILS OF THE POLICY AND ITS REQUIREMENTS ARE REVIEWED WITH THEM. THE GENERAL COUNSEL MAINTAINS A DATABASE OF THE DISCLOSURE STATEMENTS OF COVERED PERSONS AND A SYSTEM FOR MONITORING CURRENT, PENDING AND PROPOSED TRANSACTIONS FOR POTENTIAL INTERESTED TRANSACTIONS BASED ON THE DISCLOSURES MADE IN EACH COVERED PERSON'S ANNUAL DISCLOSURE STATEMENT AND ANY PERIODIC UPDATES SUBMITTED PURSUANT TO THE POLICY. IN ADDITION TO THE CONFLICT OF INTEREST POLICY ABOVE FOR COVERED PERSONS, HIGH SCHOOL EMPLOYEES ARE ALSO SUBJECT TO ADDITIONAL CONFLICT OF INTEREST REPORTING REQUIREMENTS AS SET FORTH IN THE EMPLOYEE HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15A AND 15B - COMPENSATION REVIEW THE COMPENSATION OF ALL EMPLOYEES EARNING IN EXCESS OF A SPECIFIED THRESHOLD SALARY LEVEL, AS WELL AS ALL OF THE HIGH SCHOOLS' OFFICERS AND KEY EMPLOYEES, IS REVIEWED BY YESHIVA UNIVERSITY'S AND THE HIGH SCHOOLS' COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE INDEPENDENT MEMBERS OF THE COMMITTEE CONDUCT A DETAILED REVIEW AND APPROVAL OF SUCH COMPENSATION UTILIZING COMPARABILITY DATA FROM THIRD PARTY SALARY SURVEYS AND FORM 990 SALARY DISCLOSURES FROM OTHER ORGANIZATIONS. CONTEMPORANEOUS DOCUMENTATION OF THE COMMITTEE'S DELIBERATION AND DECISIONS ARE MADE A PART OF THE COMMITTEE'S WRITTEN MINUTES. FORM 990, PART VI, SECTION C, LINE 19 - PUBLIC DISCLOSURE THE HIGH SCHOOLS DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE HIGH SCHOOLS DOES MAKE ITS FORM 990 AND 990-T AVAILABLE TO THE PUBLIC IN ACCORDANCE WITH INTERNAL REVENUE SERVICE RULES AND REGULATIONS. FORM 990, PART VI, LINE 2, BOARD - OFFICER RELATIONSHIPS ANDREW LAUER (OFFICER) AND HARVEY WRUBEL (TRUSTEE) HAVE A FAMILY RELATIONSHIP. MIRIAM GOLDBERG (TRUSTEE) AND ALAN GOLDBERG (TRUSTEE) HAVE A FAMILY RELATIONSHIP. FORM 990, PART I, LINE 6 - VOLUNTEERS IN ADDITION TO THE BOARD MEMBERS WHO SERVE WITHOUT COMPENSATION, THE HIGH SCHOOLS UTILIZES MANY VOLUNTEERS IN THE CONDUCT OF ITS ACTIVITIES, HOWEVER, IT DOES NOT TRACK THE NUMBER OF THESE ADDITIONAL VOLUNTEERS. FORM 990, PART VII - AVERAGE HOURS PER WEEK THE AVERAGE HOURS PER WEEK LISTED FOR THE KEY EMPLOYEES AND HIGHEST PAID EMPLOYEES REPRESENT THE HIGH SCHOOLS' OFFICIAL WORK WEEK. HOWEVER, IN PRACTICE, SUCH INDIVIDUALS WORK SIGNIFICANTLY MORE HOURS PER WEEK AND ARE EXPECTED TO BE AVAILABLE FOR HIGH SCHOOLS BUSINESS AT ALL TIMES OTHER THAN THE SABBATH AND JEWISH HOLIDAYS. FORM 990, PART V - COMMON PAY AGENT THE HIGH SCHOOLS AUTHORIZES YESHIVA UNIVERSITY TO BE ITS COMMON PAY AGENT FOR FEDERAL AND STATE EMPLOYMENT TAX REPORTING AND PAYING PURPOSES. ACCORDINGLY, YESHIVA UNIVERSITY FILES ALL OF THE HIGH SCHOOLS EMPLOYMENT TAX RETURNS WITH THE IRS AND NEW YORK, INCLUDING FORMS W-2 AND W-3. IN ADDITION, SINCE YESHIVA UNIVERSITY PERFORMS THE ACCOUNTS PAYABLE AND PROCUREMENT FUNCTIONS ON BEHALF OF THE HIGH SCHOOLS, YESHIVA UNIVERSITY FILES FORMS 1099 AND 1096 ON BEHALF OF THE HIGH SCHOOLS. ACCORDINGLY, THE HIGH SCHOOLS FORM 990, PART V, QUESTIONS 1A AND 1B ARE REPORTED AS ZERO EVEN THOUGH THE HIGH SCHOOLS DOES EMPLOY ITS OWN EMPLOYEES AND REPORTS ITS OWN INDEPENDENT CONTRACTORS ON PART VII, SECTION B. CHARITABLE REMAINDER TRUST - 1 FUNDRAISING NY NA T false false false false false false false false false false false false false false false false false false false false