AMERICA-ISRAEL CULTURAL FOUNDATION INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
AMERICA-ISRAEL CULTURAL FOUNDATION INC (EIN 13-1664048)
Tax period
2011-01-01 to 2011-12-31
Filed
2013-01-23
IRS object ID
201320239349300637
Schema version
2011v1.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-01-23T12:38:38-08:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Scheer & Rubinstein CPAs LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1180 S Broadway Ste 100AddressLine1
CityWhite PlainsCity
StateNYState
ZIP Code10605ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN131664048EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1AMERICA-ISRAEL CULTURAL FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlAMERNameControl
Phone2125571600Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11140 BROADWAYAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10001ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameWILLIAM SCHWARTZName
TitlePresidentTitle
Date Signed2012-11-18DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NamePAUL R SCHEERName
Phone9144379400Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonWILLIAM SCHWARTZNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11140 BROADWAY SUITE 304AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10001ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1556771GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
All Affiliates IncludedfalseAllAffiliatesIncluded
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1939YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionThe mission of the America-Israel Cultural Foundation (AICF) is to support and develop artistic life in Israel by awarding scholarships and grants.ActivityOrMissionDescription
Nbr Voting Members Governing Body27NbrVotingMembersGoverningBody
Nbr Independent Voting Members26NbrIndependentVotingMembers
Total Nbr Employees5TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year5233016ContributionsGrantsPriorYear
Contributions Grants Current Year1495411ContributionsGrantsCurrentYear
Program Service Revenue Prior Year36390ProgramServiceRevenuePriorYear
Program Service Revenue CY25339ProgramServiceRevenueCY
Investment Income Prior Year15101InvestmentIncomePriorYear
Investment Income Current Year6778InvestmentIncomeCurrentYear
Other Revenue Prior Year149002OtherRevenuePriorYear
Other Revenue Current Year-129730OtherRevenueCurrentYear
Total Revenue Prior Year5433509TotalRevenuePriorYear
Total Revenue Current Year1397798TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year1159313GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY858232GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year262652SalariesEtcPriorYear
Salaries Etc Current Year320433SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year27413TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year183156TotalFundrsngExpCurrentYear
Other Expense Prior Year557911OtherExpensePriorYear
Other Expenses Current Year994629OtherExpensesCurrentYear
Total Expenses Prior Year2007289TotalExpensesPriorYear
Total Expenses Current Year2173294TotalExpensesCurrentYear
Revenues Less Expenses Prior Year3426220RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-775496RevenuesLessExpensesCY
Total Assets BOY6615341TotalAssetsBOY
Total Assets EOY5920788TotalAssetsEOY
Total Liabilities BOY303017TotalLiabilitiesBOY
Total Liabilities EOY383960TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY6312324NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY5536828NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionThe mission of the America-Israel Cultural Foundation (AICF) is to support and develop artistic life in Israel by awarding scholarships and grants.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense1086830Expense
Grants864244Grants
Revenue25339Revenue
DescriptionScholarships 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.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense438248Expense
Grants348494Grants
DescriptionOther grants and special projects-Promotion of Israeli culture internationally and support of the early careers of young artist.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense119746Expense
Grants95222Grants
DescriptionPerformance Projects-AICF initiates or supports differenct projects whose aim is to assist and promote young artists in the early stages of their education by helping them find performance opportunitiesDescription
FieldValueIRS element (for citing)
Total Of Other Program Service Exp9560TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt7602TotalOfOtherProgramServiceGrnt
Total Program Service Expense1654384TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetstrueReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmttrueConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficetrueForeignOffice
Foreign ActivitiestrueForeignActivities
More Than5000 K To OrganizationstrueMoreThan5000KToOrganizations
More Than5000 K To IndividualstrueMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationstrueGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With109628NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees5NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Form990-T FiledfalseForm990-TFiled
Foreign Financial AccounttrueForeignFinancialAccount
Name Of Foreign CountryISNameOfForeignCountry
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Form8886 T FiledfalseForm8886TFiled
Non Deductible ContributionsfalseNonDeductibleContributions
Non Deductible DisclosurefalseNonDeductibleDisclosure
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Number Of8282 Filed0NumberOf8282Filed
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Form8899 FiledfalseForm8899Filed
Form1098 C FiledfalseForm1098CFiled
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Filed Lieu1041falseFiledLieu1041
Licensed More Than One StatefalseLicensedMoreThanOneState
Indoor Tanning ServicesfalseIndoorTanningServices
Form720 FiledfalseForm720Filed
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members27NbrVotingGoverningBodyMembers
Number Independent Voting Members26NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChapterstrueLocalChapters
Policies Reference ChapterstruePoliciesReferenceChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Written Policy Or ProcedurefalseWrittenPolicyOrProcedure
States Where Copy Of Return Is FiledPAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledCAStatesWhereCopyOfReturnIsFiled
Own WebsiteXOwnWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonKEVIN HIGGINSNamePerson
Telephone Number2125571600TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11140 BROADWAY SUITE 304AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10001ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (29 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationHighest Compensated EmployeeHighestCompensatedEmployee
CAROL STARLEY
CHAPTER PRESIDE15.00000
ROMIE SHAPIRO
BOARD MEMBER5.00000
SUZANNE SEEBER
BOARD MEMBER5.00000
RENEE SCHREIBER
BOARD MEMBER5.00000
BARBARA SAMUELSON
BOARD MEMBER5.00000
TAMAR RUDICH
BOARD MEMBER5.00000
SANDRA ROTHMAN
BOARD MEMBER5.00000
HELEN SAX POTAZNIK
BOARD MEMBER5.00000
MARGUERITE PERKINS-MAUTNER
BOARD MEMBER5.00000
WENDY MARKS
BOARD MEMBER5.00000
BRADLY LUBIN
BOARD MEMBER5.00000
JANE STERN LEBELL
BOARD MEMBER5.00000
STEPHANIE KATZOVICZ
BOARD MEMBER5.00000
ORA HOLIN
BOARD MEMBER5.00000
CHARLOTTE HATTENBACH
CHAPTER PRESIDE15.00000
AVERI FUCHS
BOARD MEMBER5.00000
DEBBY EDELSOHN
CHAPTER PRESIDE15.00000
LONNY DARWIN
BOARD MEMBER5.00000
RENEE CHERNIAK
CHAPTER PRESIDE15.00000
ANN BIALKIN
President5.00000
DIANE BELFER
BOARD MEMBER5.00000
STEPHANIE FELDMAN
ASST TREASURER5.00000
JONATHAN GOLDBERG
ASST SECRETARY10.00000
JOSEPH HOLLANDER
Treasurer10.00000
LINDA SCHONFELD
Secretary5.00000
SANFORD BATKIN
Vice President5.00000
WILLIAM SCHWARTZ
President20.00000
DAVID HOMAN
EXECUTIVE DIRECTOR50.00136375010842X
ORIT NAOR
EXECUTIVE DIR-ISRA50.00117425031214X
FieldValueIRS element (for citing)
Total Reportable Comp From Org253800TotalReportableCompFromOrg
Total Other Compensation42056TotalOtherCompensation
Number Individuals GT100 K2NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Fundraising Events118000FundraisingEvents
All Other Contributions1377411AllOtherContributions
Total Contributions1495411TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionREGISTRATION FEESDescription
Total Revenue Column25339TotalRevenueColumn
Related Or Exempt Function Income25339RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue25339TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column6778TotalRevenueColumn
Exclusion$6,778ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities44563Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities44563Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Gross Income Fundraising Events76962GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events118000CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses114410FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-37448TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnExclusionExclusionAmount
FOREIGN CURRENCY TRANSACT900099-90922-$90,922
DISPOSITION OF ASSETS900099-1360-$1,360
FieldValueIRS element (for citing)
Total Other Revenue-92282TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1397798TotalRevenueColumn
Related Or Exempt Function Income25339RelatedOrExemptFunctionIncome
Exclusion-$85,504ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total40000Total
Program Services40000ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total141263Total
Program Services141263ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total676969Total
Program Services676969ProgramServices

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total0Total

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total268571Total
Program Services161397ProgramServices
Management And General38768ManagementAndGeneral
Fundraising68406Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total29860Total
Program Services18493ProgramServices
Management And General3476ManagementAndGeneral
Fundraising7891Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total0Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total22002Total
Program Services13626ProgramServices
Management And General2560ManagementAndGeneral
Fundraising5816Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total106247Total
Program Services17885ProgramServices
Management And General88362ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total106243Total
Program Services31332ProgramServices
Management And General63161ManagementAndGeneral
Fundraising11750Fundraising

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total100Total
Management And General100ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total12746Total
Program Services6373ProgramServices
Fundraising6373Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total11968Total
Program Services7412ProgramServices
Management And General1394ManagementAndGeneral
Fundraising3162Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total8388Total
Program Services5195ProgramServices
Management And General977ManagementAndGeneral
Fundraising2216Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total51708Total
Program Services32024ProgramServices
Management And General6019ManagementAndGeneral
Fundraising13665Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total8060Total
Program Services4992ProgramServices
Management And General938ManagementAndGeneral
Fundraising2130Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total11156Total
Program Services6909ProgramServices
Management And General1299ManagementAndGeneral
Fundraising2948Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total12877Total
Program Services7975ProgramServices
Management And General1499ManagementAndGeneral
Fundraising3403Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
OTHER PROGRAM EXPENSES554834366461466
CREDIT CARD & BANK FEES11647721313563078
COMPUTER EXPENSES180601118521024773
APPROPRIATIONS FOR PROJECTS62443045733012246144639

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total5451Total
Program Services3375ProgramServices
Management And General636ManagementAndGeneral
Fundraising1440Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2173294Total
Program Services1654384ProgramServices
Management And General335754ManagementAndGeneral
Fundraising183156Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY600BOY
EOY700EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY3608387BOY
EOY3395160EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
EOY0EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY1935069BOY
EOY1440727EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY68588BOY
EOY41280EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis187192LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec97269LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY28067BOY
EOY89923EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
EOY0EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY974630BOY
EOY952998EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY6615341BOY
EOY5920788EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY204271BOY
EOY318338EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY98746BOY
EOY65622EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY303017BOY
EOY383960EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY3306066BOY
EOY2985722EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY1956258BOY
EOY1501106EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY1050000BOY
EOY1050000EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6312324BOY
EOY5536828EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6615341BOY
EOY5920788EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-775496ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit RequiredfalseFederalGrantAuditRequired
Federal Grant Audit PerformedfalseFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2577981CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1397763CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2222480CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year5233016CurrentTaxYearMinus1Year
Current Tax Year1454424CurrentTaxYear
Total12885664Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

FieldValueIRS element (for citing)
Total0Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

FieldValueIRS element (for citing)
Total0Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2577981CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1397763CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2222480CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year5233016CurrentTaxYearMinus1Year
Current Tax Year1454424CurrentTaxYear
Total12885664Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total0AmountsSubstContributorsTotal
Public Support Total17012885664PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years154549CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years5454CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1059852CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year15101CurrentTaxYearMinus1Year
Current Tax Year6778CurrentTaxYear
Total1241734Total

Net UBI NetUBI

FieldValueIRS element (for citing)
Total0Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Total Support14127398TotalSupport
Public Support Pertcentage1700.91210PublicSupportPertcentage170
Public Support Pertcent Prior Year0.95021PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance1055289BeginningOfYearBalance
Investment Earnings Or Losses1621InvestmentEarningsOrLosses
Other Expenditures6910OtherExpenditures
End Of Year Balance1050000EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Contributions1050000Contributions
Investment Earnings Or Losses5289InvestmentEarningsOrLosses
End Of Year Balance1055289EndOfYearBalance
FieldValueIRS element (for citing)
Permanent Endowment EOY Balance1.00000PermanentEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis66399OtherCostOrOtherBasis
Depreciation55372Depreciation
Book Value11027BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis120793OtherCostOrOtherBasis
Depreciation41897Depreciation
Book Value78896BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings89923TotalOfBookValueLandBuildings

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionDONATED MUSICAL INSTRUMENTSDescription
Book Value914114BookValue
FieldValueIRS element (for citing)
Total Book Value Other Assets952998TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionSEVERANCE PAYABLEDescription
Amount$65,622Amount
FieldValueIRS element (for citing)
Total Of Amounts65622TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Part XPart X : FIN48 FootnoteThe 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.
Part V, Line 4Part 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

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedtrueGrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionMIDDLE EASTRegion
Number Of Offices1NumberOfOffices
Number Of Employees6NumberOfEmployees
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConducted
Specific Services ProvidedSCHOLARSHIP FUNDINGSpecificServicesProvided
Total Expenditures1216887TotalExpenditures
FieldValueIRS element (for citing)
Subtotal Number Of Offices1SubtotalNumberOfOffices
Subtotal Number Of Employees6SubtotalNumberOfEmployees
Total Number Of Offices1TotalNumberOfOffices
Total Number Of Employees6TotalNumberOfEmployees
Subtotal Amount Spent1216887SubtotalAmountSpent
Total Amount Spent1216887TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS

FieldValueIRS element (for citing)
RegionMIDDLE EASTRegion
Purpose Of GrantSCHOLARSHIPSPurposeOfGrant
Amount Of Cash Grant87733AmountOfCashGrant
FieldValueIRS element (for citing)
Total Number Of Other Orgs1TotalNumberOfOtherOrgs

Grants To Ind Outside US GrantsToIndOutsideUS

FieldValueIRS element (for citing)
Type Of AssistanceSCHOLARSHIPSTypeOfAssistance
RegionMIDDLE EASTRegion
Number Of Recipients464NumberOfRecipients
Amount Of Cash Grant589236AmountOfCashGrant
Manner Of Cash DisbursementCHECKSMannerOfCashDisbursement
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorp
Interest In Foreign TrustfalseInterestInForeignTrust
Own Foreign CorpfalseOwnForeignCorp
Passive Foreign Invest CofalsePassiveForeignInvestCo
Foreign PartnershipfalseForeignPartnership
Boycott CountriesfalseBoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

FieldValueIRS element (for citing)
IdentifierGrantmaker's Description of How Grants are Used in Foreign CountryIdentifier
ExplanationEach 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)Explanation

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsXMailSolicitations
Phone SolicitationsXPhoneSolicitations
In Person SolicitationsXInPersonSolicitations
Special Fundraising EventsXSpecialFundraisingEvents
Agreement Ref FundraisingfalseAgreementRefFundraising
Licensed StatesPALicensedStates
Licensed StatesNYLicensedStates
Licensed StatesCALicensedStates

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1GALANameOfEvent1
Gross Receipts Event1194962GrossReceiptsEvent1
Charitable Contributions Event1118000CharitableContributionsEvent1
Gross Revenue Event176962GrossRevenueEvent1
Rent Facility Costs Event129500RentFacilityCostsEvent1
Food And Beverage Event116977FoodAndBeverageEvent1
Entertainment Event16200EntertainmentEvent1
Other Direct Expenses Event161733OtherDirectExpensesEvent1
Gross Receipts Total194962GrossReceiptsTotal
Charitable Contributions Total118000CharitableContributionsTotal
Gross Revenue Total Events76962GrossRevenueTotalEvents
Rent Facility Costs Total Events29500RentFacilityCostsTotalEvents
Food And Beverage Total Events16977FoodAndBeverageTotalEvents
Entertainment Total Events6200EntertainmentTotalEvents
Other Direct Expenses Total Events61733OtherDirectExpensesTotalEvents
Direct Expense Summary Events114410DirectExpenseSummaryEvents
Net Income Summary-37448NetIncomeSummary

Schedule I IRS990ScheduleI

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1JEWISH NATIONAL FUNDBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line142 EAST 69TH STAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10021ZIPCode
FieldValueIRS element (for citing)
EIN Of Recipient131659627EINOfRecipient
IRC Section501c3IRCSection
Amount Of Cash Grant40000AmountOfCashGrant
Amount Of Non Cash Assistance0AmountOfNonCashAssistance
Method Of ValuationFMVMethodOfValuation
Purpose Of GrantORGANIZATION SUPPORTPurposeOfGrant
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants1TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations0TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantSCHOLARSHIPSTypeOfGrant
Number Of Recipients11NumberOfRecipients
Amount Of Cash Grant141263AmountOfCashGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Form 990, Part VI, Line 19Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableGOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION IS PROVIDED UPON REQUEST.
Form 990, Part VI, Line 12cForm 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsBOARD 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 11Form 990, Part VI, Line 11: Form 990 Review ProcessFINANCE COMMITTEE MEETS WITH ACCOUNTING FIRM AND DIRECTOR OF FINANCE PRIOR TO FILING FORM 990.
Form 990, Part III, Line 4dForm 990, Part III, Line 4d : Other Program Services DescriptionOTHER PROGRAM SERVICES 4: Other grants and special projects-Promotion of Israeli culture internationally and support of the early careers of young artist.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1ADVISORY counsil of the aicfBusinessNameLine1

Address Foreign AddressForeign

FieldValueIRS element (for citing)
Address Line1TEL AVIVAddressLine1
CityJERUSALEMCity
CountryISCountry
FieldValueIRS element (for citing)
Primary ActivitiesGRANTSPrimaryActivities
Legal Domicile Foreign CountryISLegalDomicileForeignCountry
Exempt Code SectionCHARITYExemptCodeSection

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1
FieldValueIRS element (for citing)
Controlled OrgfalseControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

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