2014-03-27T08:58:18-05:00 2013-09-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2012-10-01 131996126 AMERICAN FRIENDS OF THE TEL AVIV UNIVERSITY INC AMER 2127429070 39 BROADWAY NEW YORK NY 10006 ARI WEIN 2127429070 2014-03-20 1 FREDERICK H ROTHMAN P01275277 2128674000 2012 2015-11-30 17:44:51Z ARI WEIN 39 BROADWAY NEW YORK NY 10006 50630101 0 X WWW.AFTAU.ORG X 1955 NY DEVELOPMENT & ADVANCEMENT OF HIGHER EDUCATION 39 39 29 39 0 0 12943719 16485699 6760510 6575698 4692591 1865483 -85150 -40261 24311670 24886619 18584252 18709243 0 0 2652266 2972332 101100 181500 2609161 1582651 1814715 22920269 23677790 1391401 1208829 48209185 53082975 4361332 5334307 43847853 47748668 X AMERICAN FRIENDS OF THE TEL AVIV UNIVERSITY, INC. (AFTAU) IS A NATIONAL, NON-PROFIT ORGANIZATION WHOSE PRIMARY PURPOSE, AS STATED IN ITS BYLAWS, IS TO RAISE FUNDS FOR THE DEVELOPMENT AND ADVANCEMENT OF HIGHER EDUCATION, RESEARCH AND TRAINING IN ALL BRANCHES OF KNOWLEDGE IN ISRAEL AND ELSEWHERE. 0 0 6515111 5830789 6575698 STUDY ABROAD STUDENT PROGRAM: FACILITATED THE STUDY OF HUNDREDS OF STUDENTS FROM AMERICA AND OTHERS AT TEL AVIV UNIVERSITY, FOSTERING UNDERSTANDING AND OPENING NEW LINES OF COMMUNICATION AND DIALOGUE. 7844541 7844541 SCHOLARSHIPS FELOWSHIPS AND HIGHER EDUCATION SUPPORT: BOTH DEDICATED AND AGGREGATED AFTAU CONTRIBUTONS ENABLED THOUSANDS OF STUDENTS TO STUDY AT TAU. DIRECTED GIFTS IN SUPPORT OF SPECIFIC FACULTIES AT TEL AVIV UNIVERSITY ALLOWED THE UNIVERSITY TO MAINTAIN ITS HIGH STANDARDS. SIGNIFICANT DEDICATED GIFTS FUNDED THE INTERNATIONALLY RENOWNED BUCHMAN-MEHTA SCHOOL OF MUSIC, THE JAIME AND JOAN CONSTANTINER SCHOOL OF EDUCATION, FACULTY RECRUITMENT, THE BOB SHAPELL SCHOOL OF SOCIAL WORK, THE HISTORY DEPARTMENT, THE ARCHEOLOGY DEPARTMENT, GOLDREICH FAMILY INSTITUTE FOR YIDDISH LANGUAGE, DISABLED STUDENTS, THE DAYAN CENTER, AND THE DENTAL SCHOOL. ADDITIONALLY, DESIGNATED SCHOLARSHIPS AND FELLOWSHIPS ALLOWED HUNDREDS OF UNDERPRIVELEDGED AND DESERVING STUDENTS TO ACCESS AND RECEIVE A HIGHER EDUCATION. 5033913 5033913 SCIENTIFIC RESEARCH AND COMPUTER SCIENCE: AFTAU CONTINUES TO RECEIVE DESIGNATED SUPPORT FOR TOP TIER SCIENTIFIC RESEARCH BEING PERFORMED AT TEL AVIV UNIVERSITY. CANCER RESEARCH, ALZHIEMERS RESEARCH, HIV-AIDS, NANOSCIENCE, ALTERNATIIVE ENERGY MANY OTHER AREAS ARE ALL BEING PURSUED AT TAU. THIS PAST YEAR SIGNIFICANT DONATIONS WERE RECEIVED FOR RESEARCH IN ALZHEIMERS, CARDIOVASCULAR STUDIES, NEXT GENERATION TECHNOLOGIES, HIV, VARIOUS CANCERS, FAMILIAL DYSAUTONOMIA, AND COSMOLOGY. 19393565 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 1 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 6 0 29 1 0 0 0 0 0 1 1 0 0 0 0 X 39 39 1 1 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NY IL CA PA FL MD CT MA NJ X ARI WEIN 2127429070 39 BROADWAY NEW YORK NY 10006 WILLIAM F COHEN 5.00 X X 0 0 0 JON GURKOFF 10.00 X X 0 0 0 MARSHALL POLK 10.00 X X 0 0 0 MICHAEL SHAOUL 20.00 X X 0 0 0 RICKI ALON 2.00 X 0 0 0 ALAN L AUFZIEN 2.00 X 0 0 0 BERTRAM J COHN 1.00 X 0 0 0 ARTURO CONSTANTINER 1.00 X 0 0 0 JACK FEILER 1.00 X 0 0 0 NOMI P GHEZ 2.00 X 0 0 0 ROBERT GOLDBERG 2.00 X 0 0 0 JONA GOLDRICH 2.00 X 0 0 0 GABRIEL HAMANI 1.00 X 0 0 0 MELVIN L KATTEN 1.00 X 0 0 0 CHAIM KATZMAN 1.00 X 0 0 0 HARVEY M KRUEGER 10.00 X 0 0 0 JOAN C LESSING 3.00 X 0 0 0 NORMAN H LIPOFF 2.00 X 0 0 0 TAMAR RUDICH 2.00 X 0 0 0 ALAN M SILBERSTEIN 1.00 X 0 0 0 JACQUELINE SIMKIN 2.00 X 0 0 0 JOEL D TAUBER 2.00 X 0 0 0 DR BEN A WILLIAMOWSKY 5.00 X 0 0 0 MURRAY ZUCKER 1.00 X 0 0 0 JOSEPH KLAFTER 40.00 X 0 0 0 ELLEN T HORING 1.00 X 0 0 0 HARVEY ROTHENBERG 1.00 X 0 0 0 RICHARD SINCERE 15.00 X 0 0 0 AYELET WEINSTEIN 1.00 X 0 0 0 ALLEN RESSLER 1.00 X 0 0 0 DR MARC ROTHMAN 1.00 X 0 0 0 MICHEL STEINBERGER 1.00 X 0 0 0 DR NICOLAJ WOLFSON 5.00 X 0 0 0 CLEMENT ERBMANN 1.00 X 0 0 0 GAIL WHITE 1.00 X 0 0 0 JAMES DUBIN 1.00 X 0 0 0 BONNIE BRAND 1.00 X 0 0 0 SANFORD M BAKLOR 1.00 X 0 0 0 OFER ALON 1.00 X 0 0 0 GAIL REISS 40.00 X 297350 0 36764 ARI WEIN 40.00 X 149945 0 36891 JOE HUBER 40.00 X 171190 0 22690 BARBARA SCHREIBMAN 40.00 X 136342 0 14036 ROSALIE LURIE 40.00 X 123013 0 21654 877840 0 132035 5 0 1 0 J S FRIEDMAN INC 19111 COLLINS AVE 2305 N MIAMI BCH FL 33160 MARKETING 158340 DRURY DESIGN DYNAMICS INC 49 W 27TH STREET NEW YORK NY 10001 WEBSITE DEVELOPMENT 109250 2 255950 16229749 16485699 OVERSEAS STUDENT FEES 900099 6575698 6575698 6575698 888951 888951 26633231 25656699 976532 976532 976532 23000 255950 86783 -63783 -63783 OTHER INCOME 900099 23522 23522 23522 24886619 6575698 0 1825222 97587 97587 38318 38318 18573338 18573338 589318 190801 398517 1839646 227038 688482 924126 86935 8728 32192 46015 295221 25045 109084 161092 161212 11691 59808 89713 28027 23038 4989 88700 88700 181500 181500 268413 268413 10824 2336 8488 272525 98596 20819 153110 357203 132361 25453 199389 129848 57161 18170 54517 266000 24000 96799 145201 123005 50653 12070 60282 181058 6475 26187 148396 54821 14536 16115 24170 34291 5000 14646 14645 23677790 19393565 1675064 2609161 100 100 3316922 4398102 11364457 11857821 52098 168507 504913 377170 173633 127743 33030076 36296156 240492 217864 31407 16682 48209185 53082975 268096 212806 1873318 2309722 2219918 2811779 4361332 5334307 X 1644597 867417 20695321 24895423 21507935 21985828 43847853 47748668 48209185 53082975 X 1208829 1835455 856531 X X 0 1 X 1 0 X 7229581 7638204 8954577 12943719 16485699 53251780 7229581 7638204 8954577 12943719 16485699 53251780 2921149 50330631 759844 792991 861060 860334 888951 4163180 1553 14964 24543 16501 23522 81083 57496043 24116599 0.87540 0.91710 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANOUS REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21507935 890894 -13001 400000 21985828 20743157 944408 20370 200000 21507935 20538936 223580 -19359 20743157 19901469 633264 4203 20538936 22566370 850289 3338457 572449 6281198 19901469 1.00000 0 0 30000 30000 119637 107555 12082 355276 269615 85661 127743 ANNUITY OBLIGATIONS 2811779 2811779 X 26060192 1835455 -393469 1441986 24618206 268413 268413 24886619 23409377 0 23409377 268413 268413 23677790 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE USED FOR THE FOLLOWING: FELLOWSHIPS, SCHOLARSHIPS, CHAIRS, AND SPECIAL PROJECTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: UNCERTAINTY IN INCOME TAXES - AFTAU HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING SEPTEMBER 30, 2010 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -393,469. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 268,413. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 268,413. 1 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS IN REGION 18549338 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTS TO RECIPIENTS IN REGION 24000 0 0 0 0 0 0 18573338 0 18573338 MIDDLE EAST AND NORTH AFRICA GENERAL SUPPORT 18508338 WIRE TRANSFER 1 SCHOLARSHIPS FOR STUDENTS MIDDLE EAST AND NORTH AFRICA 3 21000 CHECK RESEARCH GRANT MIDDLE EAST AND NORTH AFRICA 1 20000 WIRE TRANSFER RESEARCH GRANTS EUROPE (INCLUDING ICELAND AND GREENLAND) 1 24000 WIRE TRANSFER 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: AMERICAN FRIENDS OF TEL AVIV UNIVERSITY (AFTAU) HIRES AN INDEPENDENT AUDITOR IN ISRAEL TO AUDIT THE FUNDS THAT WE TRANSFER TO THE RECIPIENT. THIS AUDIT IS DONE ANNUALLY. X X X X X X 1 J S FRIEDMAN 24 GLENBROOKE DRIVE WHITE PLAINS NY 10605 FLORIDA FUNDRARSING 0 694000 157500 536500 NEAL P MYERBERG 179 SHORE ROAD OLD GREENWICH CT 06870 PLANNED GIVING 0 400000 24000 376000 1094000 181500 912500 PA MD FL NY CA IL CT MA NJ PASSING THE TORCH DINNER 278950 255950 23000 35118 26301 25364 278950 255950 23000 35118 26301 25364 86783 -63783 EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) AMOUNTS ARE PAID PER THE SIGNED CONTRACT AND ACTUAL EXPENSES INCURRED ARE PAID BASED ON PROPER DOCUMENTATION BEING PROVIDED. 1 THE REGENTS OF THE UNIV OF CALIF SAN DIEGO 9500 GILMAN DRIVE LA JOLLA CA 92093 956006144 THE REGENTS OF THE U 60000 GENERAL SUPPORT THE ASPEN INSTITUTE 2010 CARMICHAEL ROAD QUEENSTOWN MD 21658 840399006 501 (C)(3) 31875 GENERAL SUPPORT HARVARD UNIVERSITY 79 JFK STREET CAMBRIDGE MA 02138 042103580 501 (C)(3) 5712 GENERAL SUPPORT 3 SCIENTIFIC RESEARCH 2 29818 SCHOLARSHIP 4 8500 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE FOR THOSE STUDENTS STUDYING TOWARDS AN ACADEMIC DEGREE ON A FULL TIME BASIS. SCHOLARSHIPS ARE GRANTED ACCORDING TO THE FINANCIAL SITUATION OF APPLICANTS AND THEIR FAMILIES. OTHER CRITERIA SUCH AS SCHOLASTIC ACHIEVEMENT, EFFORTS AT SELF-SUPPORT, ARMY SERVICE, ETC. ARE ALSO TAKEN INTO CONSIDERATION.THE BASIS FOR GRANT DISTRIBUTIONS ARE THE APPROVED RECOMMENDATIONS OF AFTAU'S PROJECTS COMMITTEE. X X X X 0 0 0 0 0 0 0 0 0 GAIL REISS 296318 0 0 0 1032 0 14868 0 21896 0 334114 0 0 0 ARI WEIN 149585 0 0 0 360 0 14995 0 21896 0 186836 0 0 0 JOE HUBER 169606 0 0 0 1584 0 8560 0 14130 0 193880 0 0 0 BARBARA SCHREIBMAN 134627 0 0 0 1715 0 6817 0 7219 0 150378 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MICHAEL SHAOUL AND RICHARD SINCERE HAVE A BUSINESS RELATIONSHIP. GAIL WHITE AND WILLIAM COHEN HAVE A FAMILY RELATIONSHIP JOEL TAUBER AND ELLEN HORING HAVE A FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 3 COMPOSITION OF THE EXECUTIVE COUNCIL: THE EXECUTIVE COUNCIL SHALL CONSIST OF THE CHAIRMAN OF THE BOARD OF DIRECTORS, THE PRESIDENT EX OFFICIO. THE VICE CHAIRMAN OF THE BOARD, THE SECRETARY, THE TREASURER, THE CHAIRMAN EMERITUS, THE CHAIRMAN OF EACH OF THE FACULTY BOARDS, THE CHAIRMAN OF THE FOLLOWING STANDING COMMITTEES: DEVELOPMENT, COMMUNICATIONS, INVESTMENT, NOMINATIONS AND MANAGEMENT/FINANCE AND NO MORE THAN FOUR ADDITIONAL MEMBERS OF THE BOARD OF DIRECTORS APPOINTED TO THE EXECUTIVE COUNCIL BUT THE CHAIRMAN OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 3 DUTIES OF THE EXECUTIVE COUNCIL: THE EXECUTIVE COUNCIL SHALL BE THE MANAGING BODY OF THE CORPORATION AND SHALL ACT ON ALL MATTERS ORDINARILY REFERRED TO THE BOARD OF DIRECTORS BETWEEN ITS MEETINGS, EXCEPT THAT IT SHALL HAVE NO POWER AS TO THE FOLLOWING MATTERS: (A) REMOVAL OF DIRECTORS FROM OFFICE; (B) CHANGING THE NUMBER OF DIRECTORS; (C) THE FILING OF VACANCIES IN THE BOARD OF DIRECTORS OR IN ANY COMMITTEE; (D) THE AMENDMENTS OF THE CERTIFICATE OF INCORPORATION; (E) THE AMENDMENTS OR REPEAL OF THE BY-LAWS; AND (F) THE AMENDMENT OR REPEAL OF ANY RESOLUTIONS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COUNCIL SHALL REVIEW ALL OF THE SIGNIFICANT DEVELOPMENTS OF THE CORPORATION AND ITS OPERATIONS, INCLUDING THE CURRENT CAMPAIGN, FINANCES AND UNIVERSITY-RELATED ISSUES. FORM 990, PART VI, SECTION B, LINE 11 THE 990 WAS PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BOARD PRIOR TO ITS BEING FINALIZED. ANY QUESTIONS, SUGGESTIONS OF RELEVANT INFORMATION OR CHANGES ARE INCLUDED IN THE FINAL DOCUMENT THAT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE CONFLICT OF INTEREST POLICY DISCLAIMER/DISCLOSURE REQUEST IS SENT TO ALL APPLICABLE OFFICERS AND DIRECTORS. FOLLOW UP ENSURES THAT ALL PARTIES SIGN AND RETURN THEIR RESPECTIVE FORMS. IF ANY CONFLICT SITUATIONS ARISE THE BOARD WOULD BE INFORMED AND THE VOTE WOULD TAKE PLACE WITH THE CONFLICTED PERSON RECUSING THEMSELVE FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY FOR THE POSITION OF PRESIDENT WAS COMPARED TO OTHER SIMILAR ORGANIZATIONS. THE COMPARISONS WERE DONE USING PUBLICLY AVAILABLE INFORMATION ON FORMS 990 AS WELL AS SALARY SURVEYS BY OTHER INDEPENDENT ORGANIZATIONS. A SALARY REVIEW IS DONE ANNUALLY AS PART OF THE BUDGETING PROCESS AND ALL EXECUTIVE PAY IS REVIEWED BY THE ORGANIZATION'S EXECUTIVE COMMITTEE. THE SALARY FOR THE POSITION OF CFO OR OTHER SENIOR MANAGEMENT WAS COMPARED TO VARIOUS OTHER SIMILAR ORGANIZATIONS. THE COMPARISONS WERE DONE USING PUBLICLY AVAILABLE INFORMATION ON FORMS 990 AS WELL AS SALARY SURVEYS BY OTHER INDEPENDENT ORGANIZATIONS. A SALARY REVIEW IS DONE ANNUALLY AS PART OF THE BUDGETING PROCESS AND ALL EXECUTIVE AND SENIOR MANAGEMENT PAY IS REVIEWED BY THE ORGANIZATIONS EXECUTIVE COMMITTEE. THIS REVIEW WAS LAST PERFORMED IN AUGUST 2012. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, FINANCIAL STATEMENTS AND 990 AND OTHER TAX RETURNS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -393,469. ASSUMPTION OF SUPPORTING SERVICES 1,250,000. FOR 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. DR GEORGE S WISE FOUNDATION INC 39 BROADWAY SUITE 1510 NEW YORK NY 10006 205875693 SUPPORTING ORGANIZATION NY 501(C)(3) 11, TYPE 1 AMERICAN FRIENDS OF TEL AVIV UNIVERSITY 1 CHARITABLE REMAINDER TRUST (3) CRT NY N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0