2023-11-09T13:28:09-06:00 2022-12-31 132738625 DDK & COMPANY LLP ONE PENN PLAZA 6TH FLR NEW YORK NY 10119 990 2022-01-01 461723968 AFSNC INC AFSN 2128967635 40 WEST 57TH STREET 26TH FLOOR NEW YORK NY 10019 MICHELE PACKMAN VICE PRESIDENT 2129746000 2023-11-09 1 MICHELE PACKMAN 000000000 0 JEFFREY ZUKOFF P00116434 2129970600 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHELE PACKMAN 40 WEST 57TH STREET 26TH FLOOR NEW YORK NY 10019 10925000 0 X N/A X 2012 DE CONNECT BUSINESSES & GOVERNMENT LEADERS TO ISRAELI IDEAS, TECHNOLOGIES, AND INNOVATION. 5 5 0 6 0 0 9756195 10925000 0 0 0 0 0 0 9756195 10925000 3724639 4958000 0 0 0 0 0 0 0 4387005 2429619 8111644 7387619 1644551 3537381 3029853 4591708 2123738 148212 906115 4443496 AFSNC INC. WAS FORMED IN 2012 TO CONNECT BUSINESSES AND GOVERNMENT LEADERS TO ISRAELI IDEAS, TECHNOLOGIES, AND INNOVATION TO HELP SOLVE THEIR MOST PRESSING CHALLENGES. 0 0 4958000 4958000 GRANT-MAKING TO ISRAELI ORGANIZATIONS IN SUPPORT OF PROJECTS AS LISTED ON SCHEDULE F, PART II, 1(D). 1811623 EDUCATIONAL EVENTS AND GENERAL OUTREACH TO ENGAGE YOUNG LEADERS OF THE CHRISTIAN AND JEWISH FAITHS IN SUPPORT OF THEIR FAITH-BASED CONNECTION. 545329 FOSTERING RELATIONSHIPS AND COLLABORATION BETWEEN ISRAELI SOCIAL ENTREPRENEURS AND INTERNATIONAL PARTNERS IN BUSINESS AND TECHNOLOGY. 7314952 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 1 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 CA FL GA IL MA MI NY X X MICHELE PACKMAN 2128967635 40 WEST 57TH STREET 26TH FLOOR NEW YORK NY 10019 X PAUL E SINGER CHAIRMAN/PRESIDENT 5.00 X X 0 0 0 JAMES R LEDLEY DIRECTOR/VICE PRESIDENT 5.00 X X 0 0 0 JOSHUA L LEVINE DIRECTOR/TREASURER 5.00 X X 0 0 0 MYRON KAPLAN DIRECTOR/SECRETARY 5.00 X X 0 0 0 TERRY KASSEL VICE CHAIRMAN/VICE PRESIDE 5.00 X X 0 0 0 MICHELE PACKMAN VICE PRESIDENT 5.00 X 0 0 0 0 0 0 0 0 0 0 APC FIELDING LP 51 DIVISION STREET 106 SAG HARBOR NY 11963 CONSULTANT FOR THE CHARITABLE MISSION 2997145 TLALIM GROUP ARIEL SHARON BLVD 3 OR YEHUDA IS CONSULTANT FOR THE CHARITABLE MISSION 325858 ISRAEL KEHAT RUE LOUIS-DE-SVOIE 58 MORGES SZ CONSULTANT FOR THE CHARITABLE MISSION 319680 NER STRATEGIES 6A RABAN YOCHANAN BEN ZAKAI JERUSALEM IS CONSULTANT FOR THE CHARITABLE MISSION 107254 4 10925000 10925000 10925000 0 0 0 X 4958000 4958000 61739 61739 39900 39900 2240578 2240578 599 599 1487 1487 347 347 EVENT EXPENSES 52801 52801 SERVICES 29521 29521 BANK FEES 2245 2245 FILING FEES 402 402 7387619 7314952 72667 0 2779853 1041708 250000 3550000 3029853 4591708 2123738 148212 2123738 148212 X 656115 893496 250000 3550000 906115 4443496 3029853 4591708 3537381 0 X 0 1 X 0 0 X 20838700 13378938 6916158 9756195 10925000 61814991 20838700 13378938 6916158 9756195 10925000 61814991 19456800 42358191 61814991 0.68520 0.73390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 10925000 0 10925000 0 10925000 7387619 0 7387619 0 7387619 1 ISRAEL 0 6 PROGRAM SERVICESPROGRAM SERVICES/GRANTMAKING SERVICES RELATED TO THE CHARITABLE MISSION 607194 SWITZERLAND 0 2 PROGRAM SERVICESPROGRAM SERVICES SERVICES RELATED TO THE CHARITABLE MISSION 343164 0 8 0 0 0 8 950358 0 950358 ISRAEL START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT FOR GENERAL OPERATIONS 1300000 WIRE TRANSFER 0 ISRAEL START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT AS FOLLOWS: $1.5M FOR GENERAL OPERATIONS AND $1.2M FOR THE INNOVATION DIPLOMACY PROJECT 2705000 WIRE TRANSFER 0 ISRAEL START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT FOR GENERAL OPERATIONS 500000 WIRE TRANSFER 0 ISRAEL NEVO NETWORK WILL USE THE GRANT FOR GENERAL OPERATIONS. 153000 WIRE TRANSFER 0 ISRAEL START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT FOR THE HUMAN CAPITAL PROJECT 300000 WIRE TRANSFER 0 1 1 0 0 0 0 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PAGE 1, PART I, QUESTION #2 THIS ORGANIZATION MONITORS THE GRANTS VIA CONSTANT CONTACT WITH THE OFFICERS AND BOARD OF DIRECTORS OF THE GRANTEE ORGANIZATIONS. EACH GRANTEE ORGANIZATION IS KNOWN TO THIS ORGANIZATION BECAUSE THEY EACH SEND A DETAILED APPLICATION FOR FUNDS WHICH WAS APPROVED BY THE OFFICERS AND BOARD OF DIRECTORS OF THIS ORGANIZATION BEFORE THE FUNDS WERE DISBURSED. THE GRANTEE ORGANIZATIONS AS DESCRIBED IN PART II OF SCHEDULE F ARE EXEMPT FROM INCOME TAXATION IN THEIR LOCAL JURISDICTION. FORM 990, PART VI, SECTION A, LINE 2 PAUL E. SINGER OWNS OR CONTROLS ENTITIES THAT EMPLOY JOSHUA L. LEVINE, TERRY KASSEL AND MICHELE PACKMAN. JAMES R. LEDLEY AND MYRON KAPLAN PROVIDE LEGAL SERVICES TO PAUL SINGER AND TERRY KASSEL. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE CORPORATION HAS NO COMMITTEES, ONLY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION REVIEWS THE AUDITED FINANCIAL STATEMENTS, THEN COMPARES THEM TO WHAT WAS REPORTED ON FORM 990. THE OFFICERS THEN DISCUSS FORM 990 AND THE FINANCIAL STATMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ADDITIONALLY, SINCE THE ORGANIZATION IS REGISTERED WITH THE NEW YORK STATE CHARITIES BUREAU, THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE OF THE NEW YORK STATE CHARITIES BUREAU. FORM 990, PART IX, LINE 11G CONSULTING FEES RELATED TO: PROGRAM SERVICE EXPENSES 2,240,578. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,240,578.