2016-08-15T10:42:25-05:00 2015-09-30 222407815 PARITZ & COMPANY PA 15 WARREN STREET STE 25 HACKENSACK NJ 076017126 990 2014-10-01 132909403 INTERNATIONAL SEPHARDIC EDUCATION FOUNDATION INTE 2126837772 520 EIGHTH AVE 4TH FLOOR NEW YORK NY 10018 JOSEPH M ROSE TREASURER 2126837772 2016-08-09 true BRIAN SEROTTA CPA P00634981 2013427753 2016-08-15 2014 2016-12-15 16:53:06Z JOSEPH M ROSE 520 EIGHTH AVE 4TH FLOOR NEW YORK NY 10018 1522147 false X WWW.ISEF.ORG X 1977 NY INTERNATIONAL SEPHARDIC EDUCATION FOUNDATION'S MISSION IS TO NARROW ISREAL'S SOCOI-ECONOMIC GAP THROUGH HIGHER EDUCATION. ITS UNIQUE METHODOLOGY COMBINES SCHOLARSHIP SUPPORT FOR GIFTED YOUNG PEOPLE FROM DISADVANTAGED BACKGROUNDS WITH COMMUNITY SERVICE, LEADERSHIP TRAINING, AND SOCIAL-CONSCIENCE BUILDING. 27 27 3 0 2221024 1354234 0 142214 145963 -40104 -58043 2323134 1442154 2365742 916144 0 319527 214223 50000 45000 281762 268401 251261 3003670 1426628 -680536 15526 4325492 4024841 43632 41495 4281860 3983346 X INTERNATIONAL SEPHARDIC EDUCATION FOUNDATION'S MISSION IS TO NARROW ISREAL'S SOCOI-ECONOMIC GAP THROUGH HIGHER EDUCATION. ITS UNIQUE METHODOLOGY COMBINES SCHOLARSHIP SUPPORT FOR GIFTED YOUNG PEOPLE FROM DISADVANTAGED BACKGROUNDS WITH COMMUNITY SERVICE, LEADERSHIP TRAINING, AND SOCIAL-CONSCIENCE BUILDING. false false 970919 916144 THE INTERNATIONAL SEPHARDIC 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 2014-2015, APPROXIMATELY 353 STUDENTS IN ISRAEL RECEIVED ASSISTANCE THROUGH THIS PROGRAM. IN ADDITION, 13 INTERNATIONAL SCHOLARS, ALL ISRAELI CITIZENS, RECEIVED INTERNATIONAL SEPHARDIC EDUCATION FOUNDATION SCHOLARSHIPS FOR THE ACADEMIC YEAR 2014-2015, SO THAT THEY COULD PARTICIPATE IN PHD, MD, LAW, OR POST-DOCTORATE PROGRAMS AT VARIOUS UNIVERSITIES IN THE UNITED STATES, CANADA, AND EUROPE. 970919 true true false false false false false false false true true false false false false true false true false false true true true true true false false false false true false false false false false false false false true false false false false true false true false true 20 0 false 3 true false false false false false true true false false false false false false X 27 27 true false false false false false false true true false false true true true true true true true true false NY X ANITA SCHNEE 2126837772 520 EIGHTH AVE 4TH FLOOR NEW YORK NY 10018 X AVI ABERGEL DIRECTOR 1.00 X 0 0 0 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 LISA SASSON CHETRIT 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 JOSEF NAJAR DIRECTOR 1.00 X 0 0 0 HARVEY M KRUEGER 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 MAYER ROSENZWEIG DIRECTOR 1.00 X 0 0 0 RICHARD ROTHBERG DIRECTOR 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 WALTER H WEINER 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 CHAIRMAN 1.00 X X 0 0 0 NINA A WEINER PRESIDENT 10.00 X X 0 0 0 JOSEPH ROSE TREASURER 1.00 X X 0 0 0 JANICE G STOLAR EXECUTIVE DI 35.00 X 139615 0 180 139615 180 1 true false false 622807 731427 87574 1354234 145963 145963 21950 622807 79993 -58043 1442154 145963 916144 916144 181387 29022 68927 83438 32836 5254 12477 15105 49200 49200 45000 45000 33052 5288 12560 15204 11101 1776 4219 5106 33297 5328 12652 15317 17341 2775 6589 7977 2248 2248 PUBLIC RELATIONS 78581 78581 MISCELLANEOUS EXPENSE 15841 2535 6019 7287 VEHICLE EXPENSE 7168 7168 OTHER PROJECTS 3432 549 1304 1579 1426628 970919 173947 281762 90081 238335 42494 97358 3125 29991 26885 5355 3106 4180377 3681982 4060 4060 4325492 4024841 43632 41495 43632 41495 X -37122 -53210 238795 245409 4080187 3791147 4281860 3983346 4325492 4024841 15526 -314040 X X false true X true false X 3018790 2978605 2564901 2221024 1354234 12137554 3018790 2978605 2564901 2221024 1354234 12137554 12137554 246702 223119 231025 155204 145963 1002013 13139567 21950 0.92370 0.92410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4080187 25000 314040 3791147 3867755 342432 130000 4080187 3637868 229887 3867755 3526867 236001 125000 3637868 3280617 246250 3526867 1.00000 false false 29991 26885 3106 3106 X SCHEDULE D, PAGE 3, PART X AS OF SEPTEMBER 30, 2015, 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 SCHOOL'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 2012 ARE CLOSED. INCOME TAX RETURNS ARE ALSO FILED IN ISRAEL AND TAX RETURNS PRIOR TO FISCAL YEAR 2012 ARE CONSIDERED CLOSED. true MIDDLE EAST GRANT MAKING 916144 916144 916144 GENERAL SUPPORT 742894 WIRE TRANSFER EDUCATION GRANTS MIDDLE EAST 13 173250 WIRE TRANSFER false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 2 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. SCHEDULE F, PAGE 1, PART I, LINE 3 MIDDLE EAST 916,144 0 X X X X X X true BARBI ZAKIN EVENTS 370 EAST 76TH STREET SUITE B503 NEW YORK NY 10021 FUNDRAISIN true 637642 45000 592642 637642 45000 592642 GALA 2015 637642 615692 21950 63719 7174 3250 2450 YOUNG LEADERSHI 7115 7115 1000 2400 644757 622807 21950 64719 9574 3250 2450 79993 -58043 SCHEDULE G, PAGE 1, PART I, LINE 2B, COLUMN (III) BARBI ZAKIN EVENTS NO X X X X false false false false false false false false false JANICE G STOLAR EXECUTIVE DIRECTOR 139615 180 139795 X 2 42454 MARKET VALUE X 1 45120 false false false FORM 990 - ORGANIZATION'S MISSION INTERNATIONAL SEPHARDIC EDUCATION FOUNDATION'S MISSION IS TO NARROW ISREAL'S SOCOI-ECONOMIC GAP THROUGH HIGHER EDUCATION. ITS UNIQUE METHODOLOGY COMBINES SCHOLARSHIP SUPPORT FOR GIFTED YOUNG PEOPLE FROM DISADVANTAGED BACKGROUNDS WITH COMMUNITY SERVICE, LEADERSHIP TRAINING, AND SOCIAL-CONSCIENCE BUILDING. FORM 990, PAGE 6, PART VI, LINE 2 NINA A. WEINER WALTER H. WEINER CARLOS BENAIM DAREL M. BENAIM FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 WAS PROVIDED TO INTERNATIONAL SEPHARDIC EDUCATION FOUNDATION'S BOARD MEMBERS IN ELECTRONIC FORM FOR REVIEW. FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, LINE 15A 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. FORM 990, PAGE 6, PART VI, LINE 15B 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, PAGE 6, PART VI, 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, ISRAEL IS PROGRAM AD IS AMUTOT NO false false false false false false false false false false false false false false false false false false true false ISEF R 742894 CASH