2017-10-26T12:40:57-07:00 2016-12-31 SCHEER GUARNIERI & ASSOCIATES CPAs LLP 180 S Broadway Ste 100 White Plains NY 10605 990 2016-01-01 131664048 AMERICA-ISRAEL CULTURAL FOUNDATION INC AMER 2125571600 1140 BROADWAY NEW YORK NY 10001 JOSEPH HOLLANDER President 2017-10-26 true MICHAEL S GUARNIERI CPA P00635129 9144379400 2016 2021-01-29 14:40:06Z 1746809 false false X www.aicf.org X 1939 NY The mission of the America-Israel Cultural Foundation (AICF) is to support and develop artistic life in Israel by awarding scholarships and grants. 32 26 3 0 1920535 1218253 0 395178 163386 0 2315713 1381639 725169 663087 0 339514 286886 0 160210 866764 705688 1931447 1655661 384266 -274022 6699729 6429515 295389 234544 6404340 6194971 X The mission of the America-Israel Cultural Foundation (AICF) is to support and develop artistic life in Israel by awarding scholarships and grants. false false 554060 494278 Scholarships Programs- A wide ranged program granting scholarships in all categories of the arts, mainly for study in Israel and a few for study abroad, including the US. 365489 365489 Cultural Enrichment Grants and Special Projects-Professional development, mentorship and guidance of various cultural institutions and individual artists who best represent Israeli culture internationally 282678 Other grants and special projects-Promotion of Israeli culture internationally and support of the early careers of young artist. 1202227 true true false false false false false false false true true false false true true true true false false true true true true false true false false false false true false false false false false false false false false false false false false false false false true false false false false true 12 0 true 3 true false false false false false false false false 0 false false false false false false false false false false X 32 26 false false false false false false false true true false true true true true true true true true true false false X X JODI SANDLER 2125571600 1140 BROADWAY SUITE 304 NEW YORK NY 10001 X WILLIAM SCHWARTZ Chairman 10.00 0.00 X X 0 0 0 SANFORD BATKIN BOARD MEMBER 5.00 0.00 X 0 0 0 LINDA SCHONFELD BOARD MEMBER 10.00 0.00 X 0 0 0 JOSEPH HOLLANDER President 10.00 0.00 X X 0 0 0 JULIE JACOBS Vice President 10.00 0.00 X X 0 0 0 STEPHANIE FELDMAN Treasurer 5.00 0.00 X X 0 0 0 DIANE BELFER BOARD MEMBER 5.00 0.00 X 0 0 0 ANN BIALKIN BOARD MEMBER 5.00 0.00 X 0 0 0 JUDITH KLEBANOW Secretary 5.00 0.00 X X 0 0 0 SCOTT MORTMAN AMUTA CHAIR 5.00 0.00 X X 0 0 0 KRISTINA REIKO COOPER AMUTA VICE CHAI 5.00 0.00 X X 0 0 0 MARTIN KARLINSKY Vice President 5.00 0.00 X X 0 0 0 CHARLOTTE HATTENBACH CHAPTER PRESIDE 5.00 0.00 X 0 0 0 ORA HOLIN BOARD MEMBER 5.00 0.00 X 0 0 0 DR SHARON AZRIELI BOARD MEMBER 5.00 0.00 X 0 0 0 JANE STERN LEBELL BOARD MEMBER 5.00 0.00 X 0 0 0 BRADLY LUBIN BOARD MEMBER 5.00 0.00 X 0 0 0 MELISSA DALLAL BOARD MEMBER 5.00 0.00 X 0 0 0 REVITAL GAL BOARD MEMBER 5.00 0.00 X 0 0 0 HELEN SAX POTAZNIK BOARD MEMBER 5.00 0.00 X 0 0 0 SANDRA ROTHMAN BOARD MEMBER 5.00 0.00 X 0 0 0 NITZA GENOSAR BOARD MEMBER 5.00 0.00 X 0 0 0 BARBARA SAMUELSON Vice President 5.00 0.00 X 0 0 0 HARVEY ROTHENBERG BOARD MEMBER 5.00 0.00 X 0 0 0 YOSSI LEVY BOARD MEMBER 5.00 0.00 X 0 0 0 GEDALIAH ANNA RIESENBERG BOARD MEMBER 5.00 0.00 X 0 0 0 CAROL STARLEY CHAPTER PRESIDE 5.00 0.00 X 0 0 0 ERIC REINER BOARD MEMBER 5.00 0.00 X 0 0 0 DANIEL RUEVEN BOARD MEMBER 5.00 0.00 X 0 0 0 SHIRA STERN BOARD MEMBER 5.00 0.00 X 0 0 0 ORA STIBBE BOARD MEMBER 5.00 0.00 X 0 0 0 JOSHUA-MARC TANENBAUM BOARD MEMBER 5.00 0.00 X 0 0 0 DAVID HOMAN EXECUTIVE DIRECTOR 50.00 0.00 X 155068 0 0 155068 1 false true false 0 26025 1192228 1218253 0 138256 138256 0 0 0 197052 171922 25130 25130 25130 193248 26025 193248 0 0 0 0 1381639 25130 138256 X 0 0 663087 663087 0 155068 100794 23260 31014 0 74773 48604 11216 14953 0 40934 26607 6140 8187 16111 10472 2417 3222 0 35087 11579 19298 4210 49475 16327 27211 5937 0 0 0 172571 56948 94914 20709 31446 15723 15723 31632 20561 4745 6326 6253 4064 938 1251 0 60485 39315 9073 12097 34499 22424 5175 6900 0 0 0 0 18168 11809 2725 3634 18965 12327 2845 3793 APPROPRIATIONS FOR PROJECTS 224607 126961 79892 17754 Postage and Shipping 9728 6323 1459 1946 TELECOMMUNICATIONS 8961 5825 1344 1792 CREDIT CARD & BANK FEES 3811 2477 572 762 0 1655661 1202227 293224 160210 365236 436699 580221 319159 40000 0 0 0 0 0 69943 43855 161753 97643 75899 64110 4694316 4611578 0 0 0 914114 914114 6699729 6429515 53294 37947 92943 60883 149152 135714 295389 234544 X 2660073 2420704 30000 3744267 3744267 6404340 6194971 6699729 6429515 -274022 64653 X false true X true false X 3115907 2144413 5412084 1920535 1218253 13811192 0 0 3115907 2144413 5412084 1920535 1218253 13811192 0 13811192 25571 211453 132448 395178 163386 928036 0 5573 28366 33939 14773167 0.93490 0.94580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3744267 163386 163386 3744267 3716267 28000 395178 395178 3744267 2702640 1013627 132448 132448 3716267 2052640 280000 226110 245483 10627 2302640 1050000 1002640 104323 104323 2052640 false false false 51439 42835 8604 110314 54808 55506 64110 DONATED MUSICAL INSTRUMENTS 914114 914114 SEVERANCE PAYABLE 135714 135714 X 1446292 64653 64653 1381639 1381639 1655661 1655661 1655661 Part V, Line 4: Intended uses of the endowment fund. To further the mission of the America-Israel Cultural Foundation, inc. by awarding scholarships and grants from the investment earnings of the endowments Part X : FIN48 Footnote The Foundation follows the provisions of the Financial Accounting Standards Board's Accounting Standards Codification ("ASC") 740-10-05 relating to accounting and reporting for uncertainty in income taxes. Because of the Foundation's general tax exempt status, ASC 740-10-05 has not had, and is not expected to have, a material impact on the Foundation's financial statements. true MIDDLE EAST 1 5 PROGRAM SERVICES SCHOLARSHIP & GRANTS 951701 1 5 1 5 951701 951701 middle east SCHOLARSHIPS 168809 1 SCHOLARSHIPS MIDDLE EAST 386 494278 CHECKS false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US Each year the Israel Office must submit a budget detailing the amount of grants that they would like to award for the upcoming year. The Board of Directors will accept, reject or modify the budget. The NY Office receives quarterly reports on how much is actually granted. All students must submit authentification of study (Letter or transcript from the school) X X X X X X false GALA 219273 26025 193248 60204 758 1250 131036 219273 26025 193248 60204 758 1250 131036 193248 false false false false false false false false false false DAVID HOMAN EXECUTIVE DIRECTOR 155068 155068 Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: Other grants and special projects-Promotion of Israeli culture internationally and support of the early careers of young artist. Form 990, Part VI, Line 11b: Form 990 Review Process FINANCE COMMITTEE MEETS WITH ACCOUNTING FIRM AND DIRECTOR OF FINANCE PRIOR TO FILING FORM 990. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts BOARD MEMBERS AND OFFICERS ARE REQUIRED ON AN ONGOING BASIS TO DECLARE ANY CONFLICT OF INTEREST AND THEY MUST BE REPORTED IN THE BOARD MINUTES Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE EXECUTIVE DIRECTOR'S COMPENSATION is reviewed by the Executive and Finance Committees for approval Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION IS PROVIDED UPON REQUEST. ADVISORY counsil of the aicf TEL AVIV JERUSALEM IS GRANTS IS CHARITY NA false false false false false false false false false false false false false false false false false false false false