2020-08-17T08:50:38-05:00 2019-09-30 420714325 RSM US LLP 4 TIMES SQUARE NEW YORK NY 10036 990 2018-10-01 237270753 AMERICAN ASSOCIATES BEN-GURION UNIVERSITY OF THE NEGEV INC AMER 2126877721 1001 AVENUE OF THE AMERICAS 19TH FL NEW YORK NY 10018 DOUG SESERMAN CEO 2126877721 2020-08-17 1 LYNNE JOHNSON P00757336 2123721000 73.226.132.236 2020-08-17 07:47:49 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 AECF77219117B6B1EC9B6AE33341583F740A001D 2018 2020-09-23 17:36:50Z DOUG SESERMAN 1001 AVENUE OF THE AMERICAS 19TH FL NEW YORK NY 10018 84153992 0 X WWW.AABGU.ORG X 1973 NY AABGU PLAYS A VITAL ROLE IN CREATING A WORLD CLASS UNIVERSITY IN THE ISRAELI DESERT. 85 85 65 85 86052 86052 30446239 24067130 0 0 21944939 22889128 -45188 -126097 52345990 46830161 45654802 39263348 0 0 6467386 6414398 30000 30000 4200849 4895306 5759046 57047494 51466792 -4701504 -4636631 759382859 743138492 40706354 34869557 718676505 708268935 AABGU PLAYS A VITAL ROLE IN SUSTAINING DAVID BEN GURION'S VISION, CREATING A WORLD CLASS INSTITUTION OF EDUCATION AND RESEARCH IN THE ISRAELI DESERT, NURTURING THE NEGEV COMMUNITY AND SHARING THE UNIVERSITY'S EXPERTISE LOCALLY AND AROUND THE GLOBE. 0 0 42753866 39221646 BEN-GURION UNIVERSTY SUPPORT: AABGU RAISES AWARENESS AND FUNDS WITHIN THE U.S. FOR BEN-GURION UNIVERSITY. SUPPORT INCLUDES, BUT IS NOT LIMITED TO, GRANTS FOR ONGOING OPERATIONS (E.G. SCHOLARSHIPS/FELLOWSHIPS, STUDENT ACTVITIES), ACADEMIC RESEARCH (E.G. WATER/ENVIRONMENT, CYBER SECURITY, ROBOTICS/ARTIFICIAL INTELLIGENCE, MEDICAL BREAKTHROUGHS), CAPITAL PROJECTS (E.G. DORMITORIES, RESEARCH LABS, CLASSROOM BUILDINGS, CONFERENCE FACILITIES), AND COMMUNITY OUTREACH ACTIVITIES TO SUPPORT THE DEVELOPMENT OF ISRAEL'S NEGEV REGION (E.G. VOLUNTEER AND SOCIAL ACTION TO UNDERPRIVILEGED COMMUNITIES AND INDIVIDUALS, BEDOUIN SUPPORT, YOUTH CLUBS, MENTORING/TUTORING, UNIVERSITY PREP PROGRAMS, ETC.) 356802 41702 OSP (OVERSEAS STUDENT PROGRAM): THE AABGU OVERSEAS STUDENT PROGRAM RECRUITS STUDENTS FROM THE U.S. TO STUDY ABROAD AT BEN-GURION UNIVERSITY IN ISRAEL. 475736 ZIN FELLOWS LEADERSHIP PROGRAM: THE AABGU ZIN FELLOWS PROGRAM IS AN INSPIRING AND TRANSFORMATIVE OPPORTUNITY FOR OUTSTANDING AMERICANS IN THEIR 30S-50S. THE EIGHTEEN MONTH PROGRAM CONSISTS OF TWO IN-PERSON GATHERINGS IN THE UNITED STATES FOLLOWED BY AN IMMERSIVE ISRAEL EXPERIENCE. ZIN FELLOWS REPRESENT THE BEST OF THE BEST IN TERMS OF THE NEXT GENERATION. THEY ARE CURRENT AND FUTURE AMERICAN COMMUNITY LEADERS WHO ARE INTERESTED IN UNDERSTANDING THE UNIQUE ROLE BGU PLAYS IN THE DEVELOPMENT OF THE NEGEV AND THE FUTURE OF ISRAEL. 43586404 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 1 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 44 0 1 65 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 85 85 1 0 0 0 0 0 0 1 1 0 1 0 1 1 1 1 1 1 1 0 0 AK AL AR AZ CA CO CT DE FL GA HI IN KS KY LA MA MD ME MI MS MN NV ND NE NJ NM NY OH OK OR PA RI SC TN VA VT WA WI WV X X SHAWN CONSIDINE 2126877721 1001 AVENUE OF THE AMERICAS 19TH FL NEW YORK NY 10018 X ZVI ALON BOARD MEMBER 1.00 X 0 0 0 ROBERT ARNOW BOARD MEMBER (PARTIAL YEAR) 1.00 X 0 0 0 JOSHUA ARNOW BOARD MEMBER 1.00 X 0 0 0 BARBARA BALIFF BOARD MEMBER 1.00 X 0 0 0 TRACY BELL BOARD MEMBER 1.00 X 0 0 0 ARNOLD BENGIS BOARD MEMBER 1.00 X 0 0 0 DAVA BERKMAN BOARD MEMBER 1.00 X 0 0 0 JACK BERSHAD BOARD MEMBER 1.00 X 0 0 0 DAVID BRESLAUER BOARD MEMBER 1.00 X 0 0 0 JAMES BRESLAUER BOARD MEMBER 1.00 X 0 0 0 SYLVIA BRODSKY BOARD MEMBER 1.00 X 0 0 0 RIVA COLLINS BOARD MEMBER 1.00 X 0 0 0 ROBERT COLTON BOARD MEMBER 1.00 X 0 0 0 NEIL DAVIDOWITZ BOARD MEMBER 1.00 X 0 0 0 JACOB DAYAN VICE PRESIDENT 1.00 X X 0 0 0 GARY DEBODE BOARD MEMBER 1.00 X 0 0 0 MARCI DOLLINGER BOARD MEMBER 1.00 X 0 0 0 LEONARD EPSTEIN BOARD MEMBER 1.00 X 0 0 0 STEVEN FINKELMAN BOARD MEMBER 1.00 X 0 0 0 DEBORAH FOX BOARD MEMBER 1.00 X 0 0 0 DODI FROMSON BOARD MEMBER 1.00 X 0 0 0 LIS GAINES BOARD MEMBER 1.00 X 0 0 0 STANLEY GINSBURG BOARD MEMBER 1.00 X 0 0 0 MAX GITTER BOARD MEMBER 1.00 X 0 0 0 LLOYD GOLDMAN BOARD MEMBER 1.00 X 0 0 0 ALEXANDER GOREN BOARD MEMBER 1.00 X 0 0 0 ANDREA GOREN TREASURER 1.00 X 0 0 0 CRAIG GRANOWITZ BOARD MEMBER 1.00 X 0 0 0 ELIZABETH GRZEBINSKI BOARD MEMBER 1.00 X 0 0 0 JANE GURAL-SENDERS BOARD MEMBER 1.00 X 0 0 0 WILLIAM HANDY BOARD MEMBER 1.00 X 0 0 0 ARTHUR HESSEL BOARD MEMBER 1.00 X 0 0 0 IRA A INGERMAN TREASURER 3.00 X X 0 0 0 MARVIN ISRAELOW BOARD MEMBER 1.00 X 0 0 0 WILLIAM JOEL BOARD MEMBER 1.00 X 0 0 0 EDWARD KAPLAN BOARD MEMBER 1.00 X 0 0 0 LEON KAPLAN BOARD MEMBER 1.00 X 0 0 0 CONNIE KATZ BOARD MEMBER 1.00 X 0 0 0 BARRY KAYNE BOARD MEMBER 1.00 X 0 0 0 CAROL KIMMEL BOARD MEMBER 1.00 X 0 0 0 DOUGLAS KRUPP BOARD MEMBER 1.00 X 0 0 0 JEFF KUPFER BOARD MEMBER 1.00 X 0 0 0 DONNA LAM SECRETARY 1.00 X X 0 0 0 MARIBETH LERNER BOARD MEMBER 1.00 X 0 0 0 MICHELE LEVIN BOARD MEMBER 1.00 X 0 0 0 NAT LEVY BOARD MEMBER 1.00 X 0 0 0 JAN ABBY LIFF BOARD MEMBER 1.00 X 0 0 0 SHELDON LONDON BOARD MEMBER 1.00 X 0 0 0 ELLEN MARCUS VICE PRESIDENT 1.00 X X 0 0 0 JILL MAX BOARD MEMBER 1.00 X 0 0 0 JOANNE MOORE VICE PRESIDENT 1.00 X X 0 0 0 HOLLY NELSON BOARD MEMBER 1.00 X 0 0 0 ALAN NEWMAN BOARD MEMBER 1.00 X 0 0 0 MARJORIE OFFER BOARD MEMBER 1.00 X 0 0 0 JEFF POLAK BOARD MEMBER 1.00 X 0 0 0 JOEL REINSTEIN VICE PRESIDENT 1.00 X X 0 0 0 STEVE ROGERS BOARD MEMBER 1.00 X 0 0 0 JOSEPH ROSE BOARD MEMBER 1.00 X 0 0 0 GABRIEL RUBANENKO BOARD MEMBER 1.00 X 0 0 0 CAROL SAAL BOARD MEMBER 1.00 X 0 0 0 JONATHAN SACK BOARD MEMBER 1.00 X 0 0 0 SHERRIE SAVETT BOARD MEMBER 1.00 X 0 0 0 JULIE SAVITCH BOARD MEMBER 1.00 X 0 0 0 MAX SCHECHNER BOARD MEMBER 1.00 X 0 0 0 PETER SCHECHTER BOARD MEMBER 1.00 X 0 0 0 ERNEST SCHELLER VICE PRESIDENT 1.00 X X 0 0 0 JAYNIE SCHULTZ BOARD MEMBER 1.00 X 0 0 0 JOEL SHALOWITZ BOARD MEMBER 1.00 X 0 0 0 BRUCE SHOLK BOARD MEMBER 1.00 X 0 0 0 FREDERICK SIEGMUND BOARD MEMBER & ASSISTANT SECRETARY (PARTIAL YEAR) 1.00 X X 0 0 0 JESSICA SILLINS VICE PRESIDENT 1.00 X X 0 0 0 CRAIG SIMON BOARD MEMBER 1.00 X 0 0 0 LINDA SIMON BOARD MEMBER 1.00 X 0 0 0 KATHLEEN SPITZER BOARD MEMBER 1.00 X 0 0 0 ROBIN TOUBIN STEIN BOARD MEMBER 1.00 X 0 0 0 ILANA SUBAR BOARD MEMBER 1.00 X 0 0 0 CHARLES TEMEL BOARD MEMBER 1.00 X 0 0 0 IRA WAGNER BOARD MEMBER 1.00 X 0 0 0 DAVID WAGONFELD BOARD MEMBER 1.00 X 0 0 0 MARTIN WEINBERG BOARD MEMBER 1.00 X 0 0 0 WAYNE WOODMAN BOARD MEMBER 1.00 X 0 0 0 TONI YOUNG PRESIDENT 5.00 X X 0 0 0 MICHAEL ZEIGER BOARD MEMBER 1.00 X 0 0 0 ROBERT ZIPKIN BOARD MEMBER 1.00 X 0 0 0 ROY ZUCKERBERG BOARD MEMBER 1.00 X 0 0 0 DOUGLAS SESERMAN CHIEF EXECUTIVE OFFICER 40.00 X 525516 0 191364 JULIA NELSON THRU 110218 CHIEF FINANCIAL & ADMIN. OFFICER 40.00 X 204582 0 24538 TIMOTHY GREENE CHIEF OF STAFF 40.00 X 131932 0 8014 PHILIP S GOMPERTS REGIONAL DIRECTOR 40.00 X 284108 0 54246 KEVIN LEOPOLD EXECUTIVE DIRECTOR NORTHEAST 40.00 X 248159 0 71996 ANDREW HOFFER ASSOCIATE DIRECTOR, SOUTHWEST REGION 40.00 X 197080 0 46976 KEREN WARANCH VICE PRESIDENT REGIONAL OPERATIONS 40.00 X 185268 0 57126 CLAIRE WINICK REGIONAL DIRECTOR 40.00 X 180445 0 41386 RONNI MORDECHAI-STRONGIN CHIEF MARKETING OFFICER 40.00 X 167529 0 56959 2124619 0 552605 17 0 1 0 AB DATA LTD 600 AB DATA DRIVE MILWAUKEE WI 53217 DIRECT MAIL 220202 RSM US LLP 151 W 42ND STREET 19TH FLOOR NEW YORK NY 10036 ACCOUNTING/TAX 132063 MICHAEL PAGE INTERNATIONAL INC 201 BROAD STREET SUITE 440 STAMFORD CT 06901 TEMP AGENCY 127598 PERLMAN & PERLMAN LLP 521 FIFTH AVE 30TH FL NEW YORK NY 10175 LEGAL SERVICES 121820 PROSPECTIVE CORP 8 HAVEN AVE221 PORT WASHINGTON NY 11050 PUBLIC RELATIONS 100664 6 110700 23956430 1314655 24067130 19194035 86052 19107983 40789827 37094734 3695093 3695093 3695093 103000 110700 229097 -126097 -126097 46830161 0 86052 22676979 41702 41702 39221646 39221646 1291914 313156 278024 700734 3919213 950025 843406 2125782 271733 65867 58478 147388 589595 142916 126883 319796 341943 82886 73587 185470 390250 56973 293396 39881 142087 14208 117933 9946 179475 179475 30000 30000 1986078 1765877 220201 88056 88056 636050 443126 177250 15674 171576 25736 128682 17158 127981 19197 95986 12798 664871 99731 498653 66487 1007866 332596 372910 302360 48675 48675 101038 101038 BAD DEBT EXPENSE 89062 89062 TELECOMMUNICATIONS 71744 10762 53808 7174 BANK FEES 54237 54237 51466792 43586404 3679539 4200849 130852 7994 4725203 5018639 30894015 30751695 419692 242211 913211 715219 232512 197992 306596346 218856121 411346027 484392217 5038212 3671623 759382859 743138492 973109 1039331 39733245 33830226 40706354 34869557 X 51519045 58118622 85178393 64623933 581979067 585526380 718676505 708268935 759382859 743138492 X -4636631 -5080286 -690653 X 0 1 X 1 0 X 43453517 38518782 29371022 21047359 24067130 156457810 43453517 38518782 29371022 21047359 24067130 156457810 16802378 139655432 1519551 6582595 14777812 10077282 19107983 52065223 25031 86052 111083 61250 80295 77768 55800 103000 378113 209012229 0.66820 0.72810 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENT GROSS INCOME - 2014 AMOUNT: $ 61,250. 2015 AMOUNT: $ 80,100. 2016 AMOUNT: $ 77,400. 2017 AMOUNT: $ 55,800. 2018 AMOUNT: $ 103,000. MISC INCOME - 2015 AMOUNT: $ 195. 2016 AMOUNT: $ 368. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 999106 403952 X 0 647275354 6816399 15138146 36483071 1463405 631283423 383330771 250022998 39247653 24875036 451032 647275354 306485960 60000333 30471112 13233764 392870 383330771 163754207 131068091 16603147 4843763 95722 306485960 169734809 5405725 -3531229 7770001 85097 163754207 0.06000 0.94000 0.00000 1 0 554611 372575 182036 262006 246050 15956 96594 96594 0 197992 U.S. TREASURIES AND OTHER BONDS 65104996 F INVESTMENT FUNDS 270174173 C INVESTMENTS HELD IN ISRAEL 149113048 F 484392217 DUE TO BEN-GURION UNIVERSITY 17878248 OTHER LIABILITIES 351139 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 15285049 DEFERRED LEASE OBLIGATIONS AND INCENTIVE 315790 33830226 X 39293345 -5080286 -690653 -5770939 45064284 1765877 1765877 46830161 49700915 0 49700915 1765877 1765877 51466792 PART III, LINE 4: COLLECTION OF SEVERAL THOUSAND BOOKS AND OTHER PUBLICATIONS ON HERPETOLOGY DONATED MANY YEARS AGO TO AABGU; THEY ARE ON LONG TERM LOAN AT NO CHARGE TO BEN-GURION UNIVERSITY, AND THE BOOK VALUE IS $999,106. AN ART DEALER DONATED OVER 100 PAINTINGS VALUED AT $509,540 IN 2008. SINCE THEN AABGU HAS BEEN SELLING THESE PAINTINGS. THE BOOK VALUE OF UNSOLD PAINTINGS IS $432,552. PART V, LINE 4: THE ENDOWMENT FUNDS ARE INTENDED TO PROVIDE SCHOLARSHIPS AND FELLOWSHIPS FOR STUDENTS AT BEN-GURION UNIVERSITY; TO SUPPORT RESEARCH IN A VARIETY OF ACADEMIC FIELDS AT BEN-GURION UNIVERSITY; TO SUPPORT THE MEDICAL SCHOOL, BUSINESS SCHOOL, DESERT STUDIES PROGRAMS AND OTHER POST GRADUATE PROGRAMS AT BEN-GURION UNIVERSITY. PART X, LINE 2: AABGU QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE IRC), AND IS A PUBLICLY SUPPORTED CHARITABLE ORGANIZATION AS DESCRIBED IN SECTION 509(A)(1) OF THE IRC. AABGU IS NOT CLASSIFIED AS A PRIVATE FOUNDATION, AND IS SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT), IF APPLICABLE. FOR THE YEARS ENDED SEPTEMBER 30, 2019 AND 2018, AABGU DID NOT OWE ANY UBIT. MANAGEMENT HAS EVALUATED AABGU'S TAX POSITIONS AND CONCLUDED THAT AABGU HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE TO THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, AABGU IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2016, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 389,191. LOSS ON UNCOLLECTABLE RECEIVABLES -1,079,844. FORM 990, SCHEDULE D, PART V, LINE 3A ENDOWMENTS HELD IN ISRAEL ARE EITHER TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED GIFTS THAT HAVE BEEN TRANSMITTED TO BEN-GURION UNIVERSITY OF THE NEGEV ("BGU"), AND ARE MAINTAINED BY BGU ON BEHALF OF AABGU. EXCEPT FOR CERTAIN ENDOWMENT FUNDS WHICH REQUIRE THAT A PORTION OF THE EARNINGS BE REINVESTED IN THE ENDOWMENT FUND, ALL EARNINGS ON THE ENDOWMENTS MAINTAINED BY BGU ON BEHALF OF AABGU, AT THE DIRECTION OF AABGU, FOR SCHOLARSHIPS AND OTHER PROJECTS OF BGU. 1 MIDDLE EAST AND NORTH AFRICA INVESTMENTS 149113048 MIDDLE EAST AND NORTH AFRICA 1 PROGRAM SERVICES PAYMENTS TO VENDORS IN ISRAEL FOR ACCOUNTING SERVICES TO AUDIT GRANTS, STAFF TRAVEL TO ISRAEL/MEETINGS/RETREAT, MISSIONS FOR DONORS AND BOARD MEETING, INCLUDING MEDIA, CYBER AND ZIN FELLOW MISSION, AND BOARD OF GOV. MEETING. 130967 MIDDLE EAST AND NORTH AFRICA GRANTS TO RECIPIENTS LOCATED IN THE REGION 39221646 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 75794608 0 1 0 0 0 1 264260269 0 264260269 MIDDLE EAST AND NORTH AFRICA CAPITAL PROJECTS 18955715 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA ACADEMIC RESEARCH 7698811 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA ACADEMIC CHAIRS 230221 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA DESERT STUDIES 2611219 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA SCHOLARSHIPS 8660596 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA COMMUNITY OUTREACH 579137 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA MEDICAL SCHOOL AND HEALTH SERVICES 458156 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA LIBRARY SUPPORT 27791 WIRE TRANSFER 1 0 1 0 1 1 1 0 PART I, LINE 2: AABGU RETAINS AN ACCOUNTING FIRM IN ISRAEL TO PERFORM AGREED UPON PROCEDURES OF THE UTILIZATION OF FUNDS GRANTED TO BEN-GURION UNIVERSITY (BGU). THIS ACCOUNTING FIRM ANNUALLY RECONCILES ALL GRANTS BETWEEN AABGU AND BGU, PERFORMS TESTING TO VERIFY GRANTED FUNDS ARE APPLIED PROPERLY TO DONORS' RESTRICTIONS OR INTENDED GIFT PURPOSE. BIANNUALLY, AABGU IS PROVIDED A FULL REPORT WITH THE RESULTS OF THE RECONCILIATION AND TESTING PROCEDURES. IN ADDITION, FOR MAJOR GRANTS, AABGU REQUESTS ANNUAL REPORTS FROM BGU ON HOW FUNDS WERE USED THAT YEAR. IN CERTAIN CASES, AABGU FORMS OVERSIGHT COMMITTEES, COMPOSED OF MEMBERS OF ITS BOARD, TO OVERSEE THE PROGRESS OF SELECTED PROJECTS FUNDED BY AABGU GRANTS. X X X X X AB DATA LTD 600 AB DATA DRIVE MILWAUKEE WI 53217 DIRECT MAIL SOLICITATIONS 1 229836 30000 199836 229836 30000 199836 AL AK AZ AR CA CO CT DE FL GA HI IN KS KY LA ME MD MA MI MN MS NE NV NJ NM NY ND OH OK OR PA RI SC TN VT VA WA WV WI MA DINNER 53500 32100 21400 241 2200 22033 377 31590 TX DINNER 79200 46200 33000 1234 6864 35432 1440 19407 1 81000 32400 48600 5625 47430 2750 52474 213700 110700 103000 1475 14689 104895 4567 103471 229097 -126097 1 SCHOLARSHIPS 12 41702 FMV TUITION REMISSION CREDITED TO STUDENTS' ACCOUNTS PART I, LINE 2: AABGU HAS A PROCEDURE WHERE STUDENTS HAVE TO APPLY FOR SCHOLARSHIPS. AABGU STAFF REVIEW THE APPLICATIONS AND MAKE RECOMMENDATIONS. THE RECOMMENDATIONS ARE REVIEWED BY A COMMITTEE AND SCHOLARSHIPS ARE AWARDED. IN MOST CASES THE SCHOLARSHIP AWARDS ARE NOT GIVEN DIRECTLY TO THE STUDENTS, THE CASH IS SENT TO A BANK ACCOUNT BGU MAINTAINS IN THE U.S. WITH A NOTE TO BGU EXPLAINING WHAT AMOUNTS HAVE BEEN AWARDED TO WHICH STUDENTS. IN MOST CASES, FULL SCHOLARSHIPS ARE NOT AWARDED, ONLY PARTIAL SCHOLARSHIPS. AABGU MAKES SURE THAT STUDENTS HAVE IN FACT ENROLLED IN THE PROGRAM AND PAID THEIR SHARE OF TUITION BEFORE SCHOLARSHIPS ARE AWARDED. IN A FEW CASES SCHOLARSHIP MONIES ARE DISBURSED DIRECTLY TO THE STUDENTS. X 1 1 X X X X 0 1 0 0 0 0 0 1 0 DOUGLAS SESERMAN CHIEF EXECUTIVE OFFICER 489226 0 0 0 36290 0 145050 0 46314 0 716880 0 0 0 JULIA NELSON THRU 110218 CHIEF FINANCIAL & ADMIN. OFFICER 203865 0 0 0 717 0 9782 0 14756 0 229120 0 0 0 PHILIP S GOMPERTS REGIONAL DIRECTOR 281883 0 0 0 2225 0 27500 0 26746 0 338354 0 0 0 KEVIN LEOPOLD EXECUTIVE DIRECTOR NORTHEAST 247997 0 0 0 162 0 26592 0 45404 0 320155 0 0 0 ANDREW HOFFER ASSOCIATE DIRECTOR, SOUTHWEST REGION 196616 0 0 0 464 0 10255 0 36721 0 244056 0 0 0 KEREN WARANCH VICE PRESIDENT REGIONAL OPERATIONS 185160 0 0 0 108 0 19564 0 37562 0 242394 0 0 0 CLAIRE WINICK REGIONAL DIRECTOR 178220 0 0 0 2225 0 18230 0 23156 0 221831 0 0 0 RONNI MORDECHAI-STRONGIN CHIEF MARKETING OFFICER 167065 0 0 0 464 0 17900 0 39059 0 224488 0 0 0 PART I, LINE 1A PER THE CEO'S EMPLOYMENT AGREEMENT, HE IS ENTITLED TO A MONTHLY HOUSING ALLOWANCE. THE AMOUNT PAID DURING 2018 IS INCLUDED IN COLUMN B(III) AND REPORTED ON HIS W2. PART I, LINE 4B THE FOLLOWING EMPLOYEE PARTICIPATED IN A NON-QUALIFIED SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN (SERP), WHICH WAS ESTABLISHED UNDER SECTION 457(F) OF THE IRC.: DOUGLAS SESERMAN - CEO THE ORGANIZATION ESTABLISHED THE SERP FOR THE CEO, EFFECTIVE OCTOBER 1, 2017. THE ARRANGEMENT IS A FIVE YEAR ARRANGMENT THAT INCLUDES A SUBSTIANIAL RISK OF FORFEITURE BASED ON THE TERMS OF THE AGREEMENT. NO AMOUNTS ATTRIBUTABLE TO THE DEFERRED COMPENSATION PLAN, FOR THE CALENDAR YEAR ENDED 12/31/2018 PERIOD, WERE PAID TO THE CEO. PART I, LINE 7 IN CALENDAR 2018, THE CHIEF OF STAFF RECEIVED PERFORMANCE BASED BONUSE. AMOUNT IS SHOWN BELOW TIMOTHY GREENE - $10,000 X 48 1314655 MARKET VALUE 0 0 0 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS SHOWN ABOVE REPRESENTS THE TOTAL NUMBER OF DONORS OF NON-CASH GIFTS DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 1. ROBERT ARNOW AND JOSHUA ARNOW, BOARD MEMBERS, HAD A FAMILY RELATIONSHIP. 2. JAMES BRESLAUER AND DAVID BRESLAUER, BOARD MEMBERS, HAVE A FAMILY RELATIONSHIP. 3. ALEXANDER GOREN AND ANDREA GOREN, BOARD MEMBERS, HAVE A FAMILY RELATIONSHIP. 4. CRAIG SIMON AND LINDA SIMON, BOARD MEMBERS, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 10B AABGU HAS REGIONAL ADVISORY BOARDS IN SOME PARTS OF THE COUNTRY WHERE IT HAS SIGNIFICANT NUMBERS OF SUPPORTERS. THE COMPLIANCE OF REGIONAL ADVISORY BOARDS WITH POLICIES AND PROCEDURES OF THE NATIONAL ORGANIZATION IS ASSURED IN TWO WAYS: 1. REGIONAL ADVISORY BOARDS ARE GUIDED BY AABGU'S PROFESSIONAL DEVELOPMENT STAFF. 2. REGIONAL ADVISORY BOARDS INCLUDE ONE OR MORE MEMBERS OF AABGU'S NATIONAL BOARD (WHICH IS AABGU'S GOVERNING BODY). FORM 990, PART VI, SECTION B, LINE 11B THE REVIEW PROCESS FOR AABGU'S DRAFT 990 (BEFORE FILING) IS THAT THE BOARD'S AUDIT COMMITTEE REVIEWS THE DOCUMENT IN ITS ENTIRETY, AND THE 990 IS NOT FILED UNTIL THE AUDIT COMMITTEE IS SATISFIED THAT IT IS IN ORDER. AFTER THE AUDIT COMMITTEE REVIEWS THE DRAFT 990, IT IS POSTED TO THE BOARD OF DIRECTORS SECTION OF THE AABGU WEBSITE, AND BOARD MEMBERS ARE NOTIFIED IN ADVANCE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C 1. PRIOR TO THE BOARD'S ANNUAL MEETING, CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE DISTRIBUTED TO BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES USING AN ELECTRONIC DOCUMENT SIGNATURE PLATFORM. 2. PROFESSIONAL STAFF FOLLOW UP WITH ANY INDIVIDUAL WHO HAS NOT COMPLETED A DISCLOSURE FORM. 3. KEY EMPLOYEES ARE AWARE AND SUBJECT TO CONFLICT OF INTEREST POLICY AND PROCEDURES PER AABGU'S CONFLICT OF INTEREST POLICY. 4.THE ANNUAL DISCLOSURE STATEMENTS ARE REVIEWED BY THE CHIEF EXECUTIVE OFFICER, CHIEF OPERATIONS OFFICER AND GENERAL COUNSEL. IN THE EVENT THAT A CONFLICT OR A POTENTIAL CONFLICT IS DISCLOSED, IT IS PRESENTED TO THE CONFLICT OVERSIGHT COMMITTEE, AND THE AS SET FORTH IN THE POLICY. ANY INDIVIDUAL WHO HAS A POTENTIAL CONFLICT UNDER CONSIDERATION BY THE CONFLICT OVERSIGHT COMMITTEE MAY MAKE A PRESENTATION TO THE CONFLICT OVERSIGHT COMMITTEE UPON THE CONFLICT OVERSIGHT COMMITTEE'S REQUEST. HOWEVER, THEY SHALL NOT BE PRESENT FOR THE DELIBERATION OR VOTING ON THE MATTER, AND MAY NOT ATTEMPT TO IMPROPERLY INFLUENCE THE DELIBERATION OR VOTE. FORM 990, PART VI, SECTION B, LINE 15A AABGU HAS A COMPENSATION COMMITTEE. AABGU'S BY-LAWS PROVIDE: THE COMPENSATION COMMITTEE SHALL BE RESPONSIBLE FOR MAKING COMPENSATION RECOMMENDATIONS FOR THE CHIEF EXECUTIVE OFFICER. IT SHALL PRESCRIBE POLICY STANDARDS WITH RESPECT TO PERFORMANCE, ESTABLISH CRITERIA FOR SUPPLEMENTAL BENEFITS AND PERQUISITES, ALL RELATIVE TO MARKET COMPETITIVENESS. THE RECOMMENDATIONS SHALL BE MADE AVAILABLE TO THE EXECUTIVE COMMITTEE FOR APPROVAL. AS PART OF THE PROCESS IN DETERMINING COMPENSATION, THE COO PREPARES AN ANALYSIS OF THE COMPENSATION OF EXECUTIVE DIRECTORS OR CEOS OF THE OTHER "FRIENDS OF ISRAELI UNIVERSITIES ORGANIZATIONS BASED ON THE MOST RECENTLY AVAILABLE 990S. THIS ANALYSIS IS PROVIDED TO THE COMPENSATION COMMITTEE IN ADVANCE OF ANY DELIBERATIONS WITH REGARD TO THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION C, LINE 19 AABGU MAKES ITS AUDITED FINANCIAL STATEMENTS AND KEY GOVERNANCE DOCUMENTS AND POLICIES AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). AABGU POSTS A COPY OF THE 990 AND ITS AUDITED FINANCIAL STATEMENTS TO ITS WEBSITE. FORM 990, PART VII THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN PART VII, COLUMN F, AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 389,191. LOSS ON UNCOLLECTABLE RECEIVABLES -1,079,844. CHARITABLE REMAINDER TRUSTS (5) CHARITABLE TRUST NY AABGU 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0