2022-05-14T06:48:09-05:00 2021-06-30 420714325 RSM US LLP 30 S Wacker Drive Ste 3300 Chicago IL 60606 990 2020-07-01 843917846 IsraelNow Education Foundation ISRA 3126733267 30 South Wells Street No 4049 Chicago IL 60606 James A Pinkston Assistant Treasurer 3126733267 2022-05-12 1 James Pinkston 999009999 Rebekuh Eley P01247672 3126343400 2022-05-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z John Lowenstein 30 South Wells Street No 4049 Chicago IL 60606 499000 0 X N/A X 2019 IL IsraelNow Education Foundation (Foundation) is organized exclusively for charitable, educational, and religious purposes, including, for such purposes, the developing and funding of programs to create awareness and education of Jewish religion, history, culture and its connection to Israel. The Foundation's mission is to nurture and strengthen a long-lasting connection and commitment to Jewish life among 8th graders throughout the United States of America and Canada. 9 9 0 9 0 0 408263 499000 0 0 0 0 0 0 408263 499000 0 0 0 0 0 0 0 0 25801 408263 365399 408263 365399 0 133601 0 141206 0 7605 0 133601 X IsraelNow Education Foundation (Foundation) is organized exclusively for charitable, educational, and religious purposes, including, for such purposes, the developing and funding of programs to create awareness and education of Jewish religion, history, culture and its connection to Israel. The Foundation's mission is to nurture and strengthen a long-lasting connection and commitment to Jewish life among 8th graders throughout the United States of America and Canada. 0 0 154643 Developing and funding of programs to create awareness and education of the Jewish religion and its connection to Israel, including organizing and administering 8th grade trips to Israel and educational programs to facilitate an understanding of the religious foundation of Israel. 154643 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 IL X James A Pinkston 3123574790 30 South Wells Street Suite 4049 Chicago IL 60606 X Steven B Nasatir President 3.00 X X 0 0 0 Jerry Silverman Treasurer and Secretary 1.00 X X 0 0 0 Louis S Harrison Secretary until 01/13/21 0.25 X X 0 0 0 Steve Ain Board Member 0.25 X 0 0 0 Harlene Appelman Board Member 0.25 X 0 0 0 Alan Hoffman Board Member 0.25 X 0 0 0 Harvey Miller Board Member until June 2021 0.25 X 0 0 0 John Ruskay Board Member 0.25 X 0 0 0 Andrea Yablon Board Member 0.25 X 0 0 0 Michael Zaransky Board Member 0.25 X 0 0 0 Margot Pritzker Board Member 0.25 X 0 0 0 John Lowenstein Assistant Secretary 10.00 X 0 0 0 James A Pinkston Assistant Treasurer 2.00 X 0 0 0 0 0 0 0 0 0 0 Jewish Federation of Metropolitan Chicag 30 South Wells Street Chicago IL 60606 Administrative & Management Services 308869 1 499000 499000 499000 0 0 0 X 15235 15235 339742 146106 167835 25801 1604 802 802 322 311 11 7424 7424 1072 1072 365399 154643 184955 25801 140489 717 0 141206 7605 0 7605 X 133601 0 133601 0 141206 133601 0 X 0 1 X 1 0 X 408263 499000 907263 408263 499000 907263 907263 907263 X Part II, Short Year Explanation: The Foundation was incorporated on 9/13/2019. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 499000 0 499000 0 499000 365399 0 365399 0 365399 Part X, Line 2: The accounting standard for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2021, there were no unrecognized tax benefits identified or recorded as liabilities. The Foundation files Forms 990 in the U.S. federal jurisdiction and the State of Illinois. Form 990, Part VI, Section A, line 2 The following individuals have a business relationship: - Steven B. Nasatir, Officer and employee of Jewish United Fund - James A. Pinkston, Officer and employee of Jewish United Fund - Andrea Yablon, Director of Jewish United Fund - Michael Zaransky, Director of Jewish United Fund Form 990, Part VI, Section B, line 11b A copy of Form 990 was provided to the Board Members for their review prior to filing with the IRS. The Board Members were able to make recommendations for any changes prior to filing. Form 990, Part VI, Section B, line 12c A conflict of interest questionnaire is circulated to all Board Members. The completed questionnaires are reviewed and any conflicts are disclosed to the Board of Directors. If a Director does have a conflict or business relationship, he or she is required to abstain from any votes related to that matter. Form 990, Part VI, Section C, line 19 Financial statements, conflict of interest policy, and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d). Form 990, Part IX, line 11g Other Professional Fees: Program service expenses 146,106. Management and general expenses 167,835. Fundraising expenses 25,801. Total expenses 339,742.