2013-01-23T12:38:38-08:00 2011-12-31 Scheer & Rubinstein CPAs LLP 180 S Broadway Ste 100 White Plains NY 10605 990 2011-01-01 131664048 AMERICA-ISRAEL CULTURAL FOUNDATION INC AMER 2125571600 1140 BROADWAY NEW YORK NY 10001 WILLIAM SCHWARTZ 2012-11-18 true PAUL R SCHEER 9144379400 2011 2016-02-25 16:41:14Z WILLIAM SCHWARTZ 1140 BROADWAY SUITE 304 NEW YORK NY 10001 1556771 false false X N/A 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. 27 26 5 0 5233016 1495411 36390 25339 15101 6778 149002 -129730 5433509 1397798 1159313 858232 0 262652 320433 27413 0 183156 557911 994629 2007289 2173294 3426220 -775496 6615341 5920788 303017 383960 6312324 5536828 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 1086830 864244 25339 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. 438248 348494 Other grants and special projects-Promotion of Israeli culture internationally and support of the early careers of young artist. 119746 95222 Performance 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 opportunities 9560 7602 1654384 true true false false false false false false false true true false false true true true false true false true true true true false true false false true true false false false false false false false false false false false false false false false false false true false false false false true 28 0 true 5 true false false true IS false false false false false true true false 0 false false false false false false false false false false false X 27 26 false false false false false false false true true false true true true true true true true true true false false false PA NY CA X X KEVIN HIGGINS 2125571600 1140 BROADWAY SUITE 304 NEW YORK NY 10001 X CAROL STARLEY 15.00 0 0 0 ROMIE SHAPIRO 5.00 0 0 0 SUZANNE SEEBER 5.00 0 0 0 RENEE SCHREIBER 5.00 0 0 0 BARBARA SAMUELSON 5.00 0 0 0 TAMAR RUDICH 5.00 0 0 0 SANDRA ROTHMAN 5.00 0 0 0 HELEN SAX POTAZNIK 5.00 0 0 0 MARGUERITE PERKINS-MAUTNER 5.00 0 0 0 WENDY MARKS 5.00 0 0 0 BRADLY LUBIN 5.00 0 0 0 JANE STERN LEBELL 5.00 0 0 0 STEPHANIE KATZOVICZ 5.00 0 0 0 ORA HOLIN 5.00 0 0 0 CHARLOTTE HATTENBACH 15.00 0 0 0 AVERI FUCHS 5.00 0 0 0 DEBBY EDELSOHN 15.00 0 0 0 LONNY DARWIN 5.00 0 0 0 RENEE CHERNIAK 15.00 0 0 0 ANN BIALKIN 5.00 0 0 0 DIANE BELFER 5.00 0 0 0 STEPHANIE FELDMAN 5.00 0 0 0 JONATHAN GOLDBERG 10.00 0 0 0 JOSEPH HOLLANDER 10.00 0 0 0 LINDA SCHONFELD 5.00 0 0 0 SANFORD BATKIN 5.00 0 0 0 WILLIAM SCHWARTZ 20.00 0 0 0 DAVID HOMAN 50.00 X 136375 0 10842 ORIT NAOR 50.00 X 117425 0 31214 253800 42056 2 false false false 0 118000 1377411 1495411 REGISTRATION FEES 25339 25339 25339 6778 6778 0 0 0 44563 44563 0 76962 118000 114410 -37448 0 0 FOREIGN CURRENCY TRANSACT 900099 -90922 -90922 DISPOSITION OF ASSETS 900099 -1360 -1360 -92282 1397798 25339 -85504 40000 40000 141263 141263 676969 676969 0 0 0 268571 161397 38768 68406 29860 18493 3476 7891 0 22002 13626 2560 5816 0 106247 17885 88362 106243 31332 63161 11750 0 0 0 100 100 12746 6373 6373 11968 7412 1394 3162 8388 5195 977 2216 0 51708 32024 6019 13665 8060 4992 938 2130 0 0 0 0 11156 6909 1299 2948 12877 7975 1499 3403 OTHER PROGRAM EXPENSES 5548 3436 646 1466 CREDIT CARD & BANK FEES 11647 7213 1356 3078 COMPUTER EXPENSES 18060 11185 2102 4773 APPROPRIATIONS FOR PROJECTS 624430 457330 122461 44639 5451 3375 636 1440 2173294 1654384 335754 183156 600 700 3608387 3395160 0 1935069 1440727 0 0 0 0 68588 41280 187192 97269 28067 89923 0 0 0 0 974630 952998 6615341 5920788 204271 318338 98746 65622 303017 383960 X 3306066 2985722 1956258 1501106 1050000 1050000 6312324 5536828 6615341 5920788 -775496 X false true true X false false X 2577981 1397763 2222480 5233016 1454424 12885664 0 0 2577981 1397763 2222480 5233016 1454424 12885664 0 12885664 154549 5454 1059852 15101 6778 1241734 0 0 14127398 0.91210 0.95021 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1055289 1621 6910 1050000 1050000 5289 1055289 1.00000 false false false 66399 55372 11027 120793 41897 78896 89923 DONATED MUSICAL INSTRUMENTS 914114 952998 SEVERANCE PAYABLE 65622 65622 Part X 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. Part V, Line 4 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 true MIDDLE EAST 1 6 PROGRAM SERVICES SCHOLARSHIP FUNDING 1216887 1 6 1 6 1216887 1216887 MIDDLE EAST SCHOLARSHIPS 87733 1 SCHOLARSHIPS MIDDLE EAST 464 589236 CHECKS false false false false false false Grantmaker's Description of How Grants are Used in Foreign Country 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 false PA NY CA GALA 194962 118000 76962 29500 16977 6200 61733 194962 118000 76962 29500 16977 6200 61733 114410 -37448 JEWISH NATIONAL FUND 42 EAST 69TH ST NEW YORK NY 10021 131659627 501c3 40000 0 FMV ORGANIZATION SUPPORT 1 0 SCHOLARSHIPS 11 141263 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION IS PROVIDED UPON REQUEST. Form 990, Part VI, Line 12c 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 11 Form 990, Part VI, Line 11: Form 990 Review Process FINANCE COMMITTEE MEETS WITH ACCOUNTING FIRM AND DIRECTOR OF FINANCE PRIOR TO FILING FORM 990. Form 990, Part III, Line 4d 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. 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