2013-08-08T10:56:34-05:00 2012-09-30 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2011-10-01 131996126 AMERICAN FRIENDS OF THE TEL AVIV UNIVERSITY INC AMER 2127429070 39 BROADWAY NEW YORK NY 10006 ARI WEIN 2127429070 2013-08-07 1 FREDERICK H ROTHMAN P01275277 2128674000 2011 2016-02-24 21:20:13Z ARI WEIN 39 BROADWAY NEW YORK NY 10006 47249545 0 X WWW.AFTAU.ORG X 1955 NY DEVELOPMENT & ADVANCEMENT OF HIGHER EDUCATION 47 47 29 47 0 0 8954577 12943719 4489973 6760510 1688963 4692591 24543 -85150 15158056 24311670 13115499 18584252 0 0 2381354 2652266 24750 101100 2131449 1775885 1582651 17297488 22920269 -2139432 1391401 44191385 48209185 3803191 4361332 40388194 43847853 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 7191329 6528905 6760510 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. 9462751 9445070 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 DEDCIATED 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. 2610277 2610277 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 ARA LL 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. AFTAU CONTINUED TO RAISE FUNDS FOR THE ENHANCEMENT OF THE TEL AVIV UNIVERSITY CAMPUS AS WELL AS MANY OTHER VARIED PROGRAMS. THIS INCLUDED A MAJOR GIFT OF 1.3 MILLION DOLLARS TOWARD THE BUILDING AND ESTABLISHMENT OF A NATIONAL COLLECTIONS OF NATURAL HISTORY BUILDING. IT IS HOPED THAT THIS FUTURE REPOSITORY AND MUSEUM OF THE AREA'S NATURAL HISTORY WILL BE AN EDUCATION CENTERPIECE FOR FUTURE GENERATIONS. 19264357 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 1 538 0 29 1 0 0 0 0 1 1 1 1 0 0 0 0 X 47 47 0 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 RICKI ALON 2.00 X 0 0 0 ALAN L AUFZIEN 2.00 X 0 0 0 GABY BRILL 1.00 X 0 0 0 BERTRAM J COHN 1.00 X 0 0 0 STEWART M COLTON 2.00 X 0 0 0 ARTURO CONSTANTINER 1.00 X 0 0 0 ISAAC J DJERASSI 1.00 X 0 0 0 DINA ETTINGER 1.00 X 0 0 0 JACK FEILER 1.00 X 0 0 0 NOMI P GHEZ 2.00 X 0 0 0 SANDRA GLASS 2.00 X 0 0 0 ROBERT GOLDBERG 2.00 X 0 0 0 JONA GOLDRICH 2.00 X 0 0 0 GLENN GOLENBERG 2.00 X 0 0 0 ALLAN GREEN 1.00 X 0 0 0 GARBIEL 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 KRUGER 10.00 X 0 0 0 JOAN C LESSING 3.00 X 0 0 0 NORMAN H LIPOFF 2.00 X 0 0 0 JOEL MANDEL 2.00 X 0 0 0 TAMAR RUDICH 2.00 X 0 0 0 YOEL SARAF 1.00 X 0 0 0 ALAN SCHWARTZ 1.00 X 0 0 0 MICHAEL SHAOUL 20.00 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 ROBERT J TOPCHIK 1.00 X 0 0 0 BEN A WILLIAMOWSKY 5.00 X 0 0 0 FLORENCE WISE 1.00 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 STEVEN H NAGOURNEY 1.00 X 0 0 0 HARVEY ROTHENBERG 1.00 X 0 0 0 RICHARD SINCERE 2.00 X 0 0 0 AYELET WEINSTEIN 1.00 X 0 0 0 ALLEN RESSLER 1.00 X 0 0 0 MARC ROTHMAN 1.00 X 0 0 0 MICHEL STEINBERG 1.00 X 0 0 0 GAIL WHITE 1.00 X 0 0 0 ARI WEIN 40.00 X 144850 0 22165 GAIL REISS 40.00 X 244964 0 20711 DANIEL SCHMIT 40.00 X 158788 0 19982 BARBARA SCHREIBMAN 40.00 X 124355 0 8409 ROSALIE LURIE 40.00 X 114171 0 10294 JOE HUBER 40.00 X 120050 0 11059 907178 0 92620 6 0 1 0 0 93706 12850013 12943719 OVERSEAS STUDENT FEES 900099 6760510 6760510 6760510 860334 860334 26633231 22800974 3832257 3832257 3832257 35250 93706 136901 -101651 -101651 OTHER INCOME 900099 16501 16501 16501 24311670 6760510 0 4607441 56375 56375 64321 64321 18463556 18463556 432690 90632 342058 1719233 206572 667413 845248 98253 7733 35665 54855 254169 23378 98844 131947 147921 11641 53694 82586 5384 5384 54479 44225 10254 92287 92287 101100 101100 232425 232425 9357 9357 210542 115865 15237 79440 261925 133752 47846 80327 92256 16783 18868 56605 266013 23000 97205 145808 161812 51771 22008 88033 95144 12467 12402 70275 61565 19761 16722 25082 39462 3800 17831 17831 22920269 19264357 1524463 2131449 1000 100 4920893 3316922 12048448 11364457 36964 52098 495982 322349 235198 173633 25980589 33030076 899664 240492 68629 31407 44191385 48209185 189032 268096 1636485 1873318 1977674 2219918 3803191 4361332 X 1079970 1644597 18565067 20695321 20743157 21507935 40388194 43847853 44191385 48209185 X 1391401 2068259 X 1 1 0 X 0 X 26184995 7229581 7638204 8954577 12943719 62951076 26184995 7229581 7638204 8954577 12943719 62951076 742198 62208878 1538204 759844 792991 861060 860334 4812433 14633 1553 14964 24543 16501 72194 67835703 19657997 0.91710 0.90490 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: MISCELLANOUS REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 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 81719 37918 346345 240630 105715 173633 ANNUITY OBLIGATIONS 2219918 2219918 24311670 22920269 1391401 -94126 2162385 2068259 3459660 24047504 -94126 62385 -31741 24079245 232425 232425 24311670 22687845 0 22687845 232425 232425 22920270 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: 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, 2008 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 62,385. ASSUMPTION OF SUPPORTING SERVICES 2,100,000. TOTAL TO SCHEDULE D, PART XI, LINE 8: 2,162,385. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 62,385. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 232,425. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 232,425. 1 MIDDLE EAST AND NORTH AFRICA GRANTS TO RECIPIENTS IN REGION 18451556 EUROPE (INCLUDING ICELAND AND GREENLAND) GRANTS TO RECIPIENTS IN REGION 12000 0 0 0 0 0 0 18463556 0 18463556 MIDDLE EAST AND NORTH AFRICA GENERAL SUPPORT 18398575 WIRE TRANSFER RESEARCH GRANT MIDDLE EAST AND NORTH AFRICA 3 40776 CHECK RESEARCH GRANT MIDDLE EAST AND NORTH AFRICA 2 12205 WIRE TRANSFER SCHOLARSHIPS FOR STUDENTS EUROPE (INCLUDING ICELAND AND GREENLAND) 1 12000 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. METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: AMERICAN FRIENDS OF TEL AVIV UNIVERSITY HIRES AN INDEPENDENT AUDITOR IN ISRAEL TO DO AN ANNUAL AUDIT OF FUNDS THAT ARE TRANSFERRED TO THE RECIPIENTS THERE. X X X X X X 0 J S FRIEDMAN 24 GLENBROOKE DRIVE WHITE PLAINS NY 10605 FLORIDA FUNDRARSING 0 1800000 70986 1729014 NEAL P MYERBERG 179 SHORE ROAD OLD GREENWICH CT 06870 PLANNED GIVING 0 860000 24000 836000 2660000 94986 2565014 PA MD FL NY CA IL CT MA NJ DINNER 128956 93706 35250 455 116777 651 19018 128956 93706 35250 455 116777 651 19018 136901 -101651 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 50000 GENERAL SUPPORT THE SACKLER SCHOOL 17 EAST 62ND STREET NEW YORK NY 10065 6375 GENERAL SUPPORT 2 SCIENTIFIC RESEARCH 3 36271 SCHOLARSHIP 13 28050 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 ARI WEIN 144490 0 0 0 360 0 0 0 22165 0 167015 0 0 0 GAIL REISS 243932 0 0 0 1032 0 0 0 20711 0 265675 0 0 0 DANIEL SCHMIT 158572 0 0 0 216 0 0 0 19982 0 178770 0 0 0 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 2011. 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 5: NET UNREALIZED LOSSES ON INVESTMENTS: -94,126. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 62,385. ASSUMPTION OF SUPPORTING SERVICES 2,100,000. TOTAL TO FORM 990, PART XI, LINE 5: 2,068,259. 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 T 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0