2020-08-17T09:11:38-05:00 2019-09-30 061667465 PRAGER METIS CPAS LLC 401 HACKENSACK AVE 4TH FLOOR HACKENSACK NJ 07601 990 2018-10-01 132909403 ISRAEL SCHOLARSHIP EDUCATION FOUNDATION ISRA 2126837772 520 EIGHTH AVE 4TH FL NEW YORK NY 10018 HARRY KATZ TREASURER 2126837772 2019-11-26 1 COREY H NEUBAUER CPA P00363626 2013427753 2020-08-12 69.126.201.197 2020-08-12 20:12:31 ED P 244321C9AF6EDA126C10A32F8950EDDECAE50AB5 5F3B82EEF80DF0D8D0B5FD32C65630090555C2E6 2018 2020-11-06 18:47:13Z YOSI MANOR 520 EIGHTH AVE 4TH FL NEW YORK NY 10018 4448572 0 X WWW.ISEF.ORG X 1977 NY ISRAEL SCHOLARSHIP EDUCATION FOUNDATION'S MISSION IS TO NARROWISRAEL'S SOCIO-ECONOMIC GAP THROUGH HIGHER EDUCATION. ITS UNIQUEMETHODOLOGY COMBINES SCHOLARSHIP SUPPORT FOR GIFTED YOUNG PEOPLE FROMDISADVANTAGED BACKGROUNDS WITH COMMUNITY SERVICE, LEADERSHIP TRAINING, AND SOCIAL-CONSCIENCE BUILDING. 24 24 4 0 0 0 1828822 2932162 0 0 178474 87450 -123653 -186960 1883643 2832652 1161211 1120150 0 0 393698 471748 47500 47500 294863 322232 290677 1924641 1930075 -40998 902577 5248792 6324336 349646 463628 4899146 5860708 X ISRAEL SCHOLARSHIP EDUCATION FOUNDATION'S MISSION IS TO NARROWISRAEL'S SOCIO-ECONOMIC GAP THROUGH HIGHER EDUCATION. ITS UNIQUE METHODOLOGY COMBINES SCHOLARSHIP SUPPORT FOR GIFTED YOUNG PEOPLE FROMDISADVANTAGED BACKGROUNDS WITH COMMUNITY SERVICE, LEADERSHIP TRAINING, AND SOCIAL-CONSCIENCE BUILDING. 0 0 1419779 1120150 THE ISRAEL SCHOLARSHIP EDUCATION FOUNDATION PROVIDES FUNDS TO ITS AFFILIATED ORGANIZATION IN ISRAEL, THROUGH WHICH SCHOLARSHIPS ARE PROVIDED TO ISRAELI CITIZEN STUDENTS STUDYING IN ISRAEL, AT THE UNDERGRADUATE, GRADUATE, AND POST-GRADUATE LEVELS. DURING THE ACADEMIC YEAR 2018-2019, APPROXIMATELY 413 STUDENTS IN ISRAEL RECEIVED ASSISTANCE THROUGH THIS PROGRAM. IN ADDITION, 23 INTERNATIONAL SCHOLARS, ALL ISRAELI CITIZENS, RECEIVED ISRAEL SCHOLARSHIP EDUCATION FOUNDATION SCHOLARSHIPS FOR THE ACADEMIC YEAR 2018-2019, SO THAT THEY COULD PARTICIPATE IN PHD, MD, LAW, OR POST-DOCTORATE PROGRAMS AT VARIOUS UNIVERSITIES IN THE UNITED STATES, CANADA, AND EUROPE. 1419779 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 5 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X SMADAR MANOR 2126837772 520 EIGHTH AVE 4TH FLOOR NEW YORK NY 10018 YVONNE COHEN DIRECTOR 1.00 X 0 0 0 NORMAN BELMONTE DIRECTOR 1.00 X 0 0 0 DAVID DANGOOR DIRECTOR 1.00 X 0 0 0 DAREL M BENAIM DIRECTOR 1.00 X 0 0 0 SAMUEL ELIA DIRECTOR 1.00 X 0 0 0 SIMON ELIAS DIRECTOR 1.00 X 0 0 0 EZRA MARCOS DIRECTOR 1.00 X 0 0 0 ROYSI ERBES DIRECTOR 1.00 X 0 0 0 ALBERT NASSER DIRECTOR 1.00 X 0 0 0 JACQUES NASSER DIRECTOR 1.00 X 0 0 0 RICHARD ROTHBERG SECRETARY 1.00 X 0 0 0 DANIEL ROUBENI DIRECTOR 1.00 X 0 0 0 JUDY ROSENBERG DIRECTOR 1.00 X 0 0 0 ROBERT SHASHA DIRECTOR 1.00 X 0 0 0 KATRIN YAGHOUBI SOSNICK DIRECTOR 1.00 X 0 0 0 JUDITH WOLFF DIRECTOR 1.00 X 0 0 0 MICHAEL VAKNIN DIRECTOR 1.00 X 0 0 0 CARLOS BENAIM PRESIDENT 1.00 X X 0 0 0 NINA A WEINER CO ISEF CHAIRWOMAN/EMERITA 1.00 X X 0 0 0 HARRY KATZ TREASURER 1.00 X X 0 0 0 AVI ABERGEL DIRECTOR 1.00 X 0 0 0 YOSI MANOR DIRECTOR 1.00 X 0 0 0 JOSEPH ROSE DIRECTOR 1.00 X 0 0 0 LIOR YAHALOMI DIRECTOR 1.00 X 0 0 0 DMITRY SHIMELFARB EXECUTIVE DIRECTOR 40.00 X 139850 0 0 139850 0 0 1 0 0 0 INTERCONTINENTAL NEW YORK BARCLAY 111 E 48TH ST NEW YORK NY 10017 HOSPITALITY 133224 1 887176 2044986 1180889 2932162 117379 117379 1399031 1428960 -29929 -29929 -29929 0 887176 186960 -186960 -186960 2832652 -29929 0 -69581 1120150 1120150 148031 59213 29606 59212 272497 132457 74971 65069 51220 23346 12737 15137 14578 14578 50200 50200 47500 47500 23848 10970 5724 7154 31704 14584 7609 9511 35714 16427 8572 10715 27984 7109 3710 17165 23338 10735 5601 7002 10529 10529 711 327 171 213 PUBLIC RELATIONS 62881 11038 51843 MISCELLANEOUS EXPENSE 8783 2894 1547 4342 OTHER PROJECTS 407 407 1930075 1419779 215433 294863 267343 1382643 144763 25000 23316 14215 11607 3319 2608 4829307 4886709 4060 4060 5248792 6324336 59646 173628 290000 290000 349646 463628 X 120561 1103068 4778585 4757640 4899146 5860708 5248792 6324336 902577 58985 0 X X 0 1 X 1 0 X 1354234 1441167 1507203 1529852 2928125 8760581 1354234 1441167 1507203 1529852 2928125 8760581 8760581 145963 129991 124714 111531 117379 629578 9390159 0.93300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5068584 25000 29055 75000 5047639 4729419 25000 364165 50000 5068584 4168525 560894 4729419 3791147 377378 4168525 4080187 25000 314040 3791147 1.00000 0 0 14215 11607 2608 2608 LOAN PAYABLE RELATED PARTY 290000 290000 X 2836690 4038 4038 2832652 0 2832652 1934113 4038 4038 1930075 0 1930075 PART X, LINE 2: PART X- FIN 48 FOOTNOTE AS OF SEPTEMBER 30, 2019, MANAGEMENT BELIEVES THAT BASED ON EVALUATION ON ISEF'S TAX POSITIONS THAT ANY LIABILITY AS A RESULT OF UNCERTAIN TAX POSITIONS WOULD BE IMMATERIAL. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS TO ASSIST IN EVALUATING THE ORGANIZATION'S TAX POSITIONS. ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY, WOULD BE RECOGNIZED AS PART OF THE INCOME TAX POSITION. INCOME TAX RETURNS ARE FILED IN THE U.S. FEDERAL JURISDICTION AND STATE JURISDICTION. U.S. FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2015 ARE CLOSED. INCOME TAX RETURNS ARE ALSO FILED IN ISRAEL AND TAX RETURNS PRIOR TO FISCAL YEAR 2015 ARE CONSIDERED CLOSED. 1 MIDDLE EAST 0 0 GRANT MAKING 1120150 0 0 0 0 0 0 1120150 0 1120150 MIDDLE EAST GENERAL SUPPORT 883240 WIRE TRANSFER EDUCATION GRANTS MIDDLE EAST 21 236910 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS ISEF ISRAEL'S FUNDING FOR SCHOLARSHIP AND OTHER EXPENSES IS PROVIDED BY ISEF NEW YORK. ISEF ISRAEL PROVIDES SCHOLARSHIPS TO QUALIFIED STUDENTS THROUGH ASSOCIATED COLLEGES OR UNIVERSITIES AND DIRECTLY TO THE STUDENTS. THE SCHOLARSHIPS ARE DESIGNATED ONLY FOR THOSE UNDERSERVED ISRAELI STUDENTS. ISEF ISRAEL WORKS CLOSELY WITH THESE INSTITUTIONS TO PROPERLY PROVIDE THE SCHOLARSHIPS IN ACCORDANCE WITH ISEF NEW YORK POLICY. FUNDS TRANSFERRED TO ISEF ISRAEL ARE APPROVED BY ISEF NEW YORK'S EXECUTIVE DIRECTOR AND TREASURER IN ACCORDANCE WITH ISEF NEW YORK'S POLICY X X X X X X 1 BARBI ZAKIN EVENTS 370 EAST 76TH ST SUITE B503 NEW YORK NY 10021 PROFESSIONAL FUNDRAISING 1 887176 47500 839676 887176 47500 839676 GALA 2019 887176 887176 175570 1900 9490 887176 887176 175570 1900 9490 186960 -186960 X 5 1176851 MARKET VALUE X PROBONO LEGAL SERVICES 1 4037 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 1. CARLOS BENAIM IS MARRIED TO DAREL BENAIM. 2. YOSI MANOR IS MARRIED TO SMADAR MANOR. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS PROVIDED TO ISRAEL SCHOLARSHIP EDUCATION FOUNDATION'S BOARD MEMBERS IN ELECTRONIC FORM FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH RESPECTIVE BOARD MEMBER AND HE/SHE IS REQUIRED TO COMPLETE THE DISCLOSURE STATEMENT AND RETURN THE DOCUMENT TO ISEF'S EXECUTIVE DIRECTOR. ISEF'S EXECUTIVE DIRECTOR ALSO SENDS OUT AN ELECTRONIC COPY OF THE DOCUMENT TO THOSE BOARD MEMBERS WHO ARE NOT PRESENT AT THE BOARD MEETING, ASKING THEM TO COMPLETE AND RETURN THE DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS THAT ISEF'S EXECUTIVE COMMITTEE USES TO DETERMINE COMPENSATION FOR THE POSITION OF EXECUTIVE DIRECTOR AS WELL AS TOP MANAGEMENT POSITIONS INCLUDES ACCESSING COMPARABILITY DATA AS PART OF THE DELIBERATION AND DECISION MAKING. THE PROCESS THAT ISEF'S EXECUTIVE COMMITTEE USES TO DETERMINE COMPENSATION FOR OFFICERS OR OTHER KEY EMPLOYEES INCLUDES ACCESSING COMPARABILITY DATA AS PART OF THE DELIBERATION AND DECISION MAKING. FORM 990, PART VI, SECTION C, LINE 19 ISEF MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERESTS POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST. FORM 990, PART XII THE BOARD IS RESPONSIBLE FOR AUDIT OVERSIGHT AND SELECTION OF INDEPENDENT AUDITORS ISEF INTERNATIONAL ED FUND 4 CHAIM PEKERIS ST SCIENCE PARK REHOVOT IS PROGRAM AD IS NO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 ISEF R 883240 CASH