2012-04-23T16:24:23-04:00 2011-09-30 GRANT THORNTON LLP 666 THIRD AVENUE NEW YORK NY 100174011 990 2010-10-01 131568923 American Friends of Hebrew University Inc AMER 2126078500 ONE BATTERY PARK PLAZA NEW YORK NY 100041435 james rothkopf 2012-04-23 2125990100 2010 2016-02-24 21:20:13Z PETER WILLNER NATL EXEC DIR ONE BATTERY PARK PLAZA 25TH FL NEW YORK NY 10004 159111983 false X WWW.AFHU.ORG X 1931 NY to support hebrew university of jerusalem, israel's foremost center of higher education and research, by nurturing the intellectual strength of the people of israel and forging partnerships with american jewry. 63 63 74 250 27665 0 35400161 35281986 0 0 11258980 23852880 -296249 -412614 46362892 58722252 31943700 36080409 0 0 6518051 6245478 149577 183661 6832009 3474744 3772900 42086072 46282448 4276820 12439804 481902912 487921834 35113172 33995631 446789740 453926203 X AMERICAN FRIENDS OF THE HEBREW UNIVERSITY (AFHU) IS A NATIONAL, NOT-FOR-PROFIT ORGANIZATION IN SUPPORT OF THE HEBREW UNIVERSITY OF JERUSALEM, ISRAEL'S FOREMOST CENTER OF HIGHER EDUCATION AND RESEARCH. FORGING A MEANINGFUL PARTNERSHIP BETWEEN AMERICAN JEWRY AND THE PEOPLE OF ISRAEL, AFHU HELPS TO ENSURE THE NATION'S WELL BEING BY NURTURING ISRAEL'S GREATEST ASSET: THE INTELLECTUAL STRENGTH OF ITS PEOPLE. AFHU'S CULTURAL AND EDUCATIONAL PROGRAMS ATTRACT PEOPLE FROM ALL WALKS OF LIFE, INCLUDING HEBREW UNIVERSITY AND ROTHBERG INTERNATIONAL SCHOOL ALUMNI, AMERICAN SCHOLARS AND SCIENTISTS, AND THE GENERAL U.S. PUBLIC. THESE PROGRAMS, AS WELL AS AFHU MISSIONS TO ISRAEL AND HEBREW UNIVERSITY, PROMOTE GREATER UNDERSTANDING OF THE UNIVERSITY'S CONTRIBUTIONS IN FIELDS RANGING FROM TECHNOLOGY, MEDICINE AND LAW TO AGRICULTURE, PUBLIC POLICY AND JEWISH STUDIES. FOUNDED BY THE AMERICAN PHILANTHROPIST, FELIX M. WARBURG IN 1925, AFHU HAS BEEN A CENTRAL FORCE IN HEBREW UNIVERSITY'S RISE TO INTERNATIONAL false false 36080409 36080409 0 The American Friends of Hebrew University's (AFHU) primary exempt purpose is to support Hebrew University and other educational institutions in Israel and the United States. AFHU accomplishes this by making grants to these organizations to promote and encourage higher education, research and training in all disciplines. 36080409 true true false false true false false false true true true false true true true false true false false true true true true true false false true true true false false false false false false false false true false false false false true true false false false true 77 0 true 74 true true true true IS false false false true true false false false false false false false X 63 63 true false false false false false false true true false false true true true true true true true true false CA DC FL HI IL MD MA MI MN NJ NY NC PA RI UT VA X X JANE KAMPTON CONTROLLER 2126078569 ONE BATTERY PARK PLAZA 25TH FL NEW YORK NY 10004 Mr Martin E Karlinsky 10.0 X X Mr George Schieren 5.0 X X Mr Michael A Lobel 5.0 X X Mr Joshua Olshin 1.0 X X Pamela N Emmerich 1.0 X X Mr Ernest Bogen 1.0 X X Rita Bogen 1.0 X X Ambassador William A Brown 1.0 X X Mr Charles H Goodman 1.0 X X Mr Michael Jesselson 1.0 X X Mr Todd S Lundy 1.0 X X Kenneth L Stein Esq 1.0 X X Ronald M Zimmerman 1.0 X X John H Bauman 1.0 X Mrs Diane Belfer 1.0 X Mr Stanley M Bogen 1.0 X Ms Joyce Brandman 1.0 X Mr Scott Burg 1.0 X Mr Leonard D Cordes 1.0 X Mr I Steven Edelson 1.0 X Alan P Fiske 1.0 X Ms Ruth Flinkman-Marandy 1.0 X Mr Michael J Freed 1.0 X Ms Patricia L Glaser 1.0 X Mr Lawrence E Glick 1.0 X Mr Steven Good 1.0 X Mr Mark Gordon 1.0 X Brindell Gottlieb 1.0 X Mr Alex Halberstein 1.0 X Nancy Hamburger 1.0 X Dr William H Isacoff 1.0 X Mrs Renae Jacobs-Anson 1.0 X Ms Emma Joels 1.0 X Mr Marvin Jubas 1.0 X Mr Clive Kabatznik 1.0 X Ambassador Max M Kampelman 1.0 X Brad S Karp 1.0 X A Sidney Katz Esq 1.0 X Mrs Frances Katz 1.0 X Ellen Klersfeld 1.0 X Mr Harvey M Krueger 1.0 X Mr Michael S Kurtz 1.0 X Mr Fred S Lafer 1.0 X Senator Frank Lautenberg 1.0 X Ms Marla Lerner Tanenbaum 1.0 X Barry H Lippman 1.0 X Mrs Barbara A Mandel 1.0 X Mr James E Matanky 1.0 X Mr Marc O Mayer 1.0 X Jamie McCourt 1.0 X Dr Mark A Ratner 1.0 X Mrs Leona Z Rosenberg 1.0 X Mr Keith L Sachs 1.0 X Daniel I Schlessinger 1.0 X Mr David Bruce Smith 1.0 X Mr Ira Lee Sorkin 1.0 X Eric C Stein 1.0 X Ruth Ellen Toole 1.0 X Ms Mary Ann Tuft 1.0 X Mr Mark Vidergauz 1.0 X Richard D Weinberg Esq 1.0 X Mr Martin Zelman 1.0 X Mr Richard S Ziman 1.0 X PETER WILLNER 50.0 X 460383 0 39339 JAMES ROTHKOPF 50.0 X 298095 0 35472 BETH MCCOY 50.0 X 268149 0 32749 JANE KAMPTON 50.0 X 185642 0 22850 JACQUELINE GLODSTEIN 40.0 X 183819 0 32503 JILL MOSKOWITZ 40.0 X 187755 0 11901 MATTHEW ROSS 40.0 X 185909 0 23871 BETH KYMAN 40.0 X 166759 0 9239 JAMES WILSON 40.0 X 152870 0 22241 2089381 0 230165 17 false true false LAUTMAN MASKA NEILL COMPANY 1730 RHODE ISLAND AVE NW SUITE 301 WASHINGTON DC 20036 FUNDRAISING 129743 MOSES SINGER LLP THE CHRYSLER BUILDING 405 LEX AVE NEW YORK NY 10174 LEGAL 132932 GRANT THORNTON LLP 666 THIRD AVE NEW YORK NY 10017 AUDITING&TAX 190930 SECURITY CAPITAL RESEARCH AND MANAG CHASE TOWER 10 S DEARBON ST 1400 CHICAGO IL 60603 INV MANAGEMENT 212457 4 525922 400649 341000 34014415 1550466 35281986 0 9993589 27665 9965924 0 0 113598553 99739262 13859291 13859291 13859291 237855 525922 650469 -412614 -412614 0 0 0 58722252 27665 23412601 1068144 1068144 18000 18000 34994265 34994265 0 1340163 793653 546510 0 3672646 949268 2723378 202535 62304 140231 703366 242099 461267 326768 105685 221083 114681 24864 89817 182205 115221 66984 269084 267998 1086 0 183661 183661 206357 206357 0 182491 66971 115520 232614 38 232576 282799 65798 217001 21045 9803 11242 0 600025 197776 402249 349062 81709 267353 0 116752 29680 87072 0 0 196559 97716 98843 91593 31052 60541 DIRECT MAIL 308084 308084 EVENTS 462020 462020 PRINTING AND LETTERSHOP 102723 5628 97095 MISCELLANEOUS 54806 16410 38396 46282448 36080409 3370030 6832009 94827 146913 10368345 10704868 27143600 26363703 6120674 2581451 3730260 3539223 384269287 365949554 41028480 37162657 15268113 44054916 481902912 487921834 1603855 1186828 25957934 25100818 7551383 7707985 35113172 33995631 X 5092560 5311814 152635789 127444252 289061391 321170137 446789740 453926203 481902912 487921834 X 12439804 -5303341 X false true true X false X 38309157 45792868 32577498 35400161 35281986 187361670 38309157 45792868 32577498 35400161 35281986 187361670 27362765 159998905 10889905 10324062 8041153 8918023 9965924 48139067 27665 27665 625625 512232 411193 614233 237855 2401138 237929540 0.67246 0.68737 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6 288427 617328 true true 357406000 2758000 -8062000 13850000 338252000 333991000 1452000 33944000 11981000 357406000 335098000 3092000 4734000 8933000 333991000 0.86630 0.13370 false false 2344804 2344804 870216 350000 520216 1381362 933997 447365 386591 236617 149974 1137701 1060837 76864 3539223 STATE OF ISRAEL BONDS 3180500 F ALTERNATIVE INVESTMENTS 33982157 F 37162657 TRUST & SPLIT INT AGREEMENTS 42874257 DUE FROM CCF 74934 MISCELLANEOUS RECEIVABLES 1105725 44054916 0 SPLIT INTEREST AGREEMENT 7044405 MISCELLANEOUS LIABILITIES 663580 7707985 58722252 46282448 12439804 -33806357 29004197 -4802160 7637644 53563341 -33806357 28503017 -5303340 58866681 206357 -350786 -144429 58722252 46426877 412615 412615 46014262 206357 61829 268186 46282448 RECONCILIATION OF CHANGE IN NET ASSETS FORM 990, SCHEDULE D, PART XI LINE 8: CHANGES IN VALUE OF SPLIT-INTEREST AGREEMENTS (388,630) Beneficial Interest in Outside Foundation $28,977,900 Other Adjustments 414,927 ========== Total Change $29,004,197 RECONCILIATION OF REVENUE FORM 990, SCHEDULE D, PART XII LINE 2D - Other revenue on books not on return: CHANGES IN VALUE OF SPLIT-INTEREST AGREEMENTS (388,630) Beneficial Interest in Foundation $28,977,900 Net Asset Re-Designations (86,253) -------------- $28,503,017 LINE 4B - other expense on return not on books FUNDRAISING EXPENSE $(412,614) Legal Fees $61,828 ------------------------------------------------------------ Total Change $(350,786) RECONCILIATION OF EXPENSES FORM 990, SCHEDULE D, PART XIII Line 2d - Other expenses on books not on return: Net expenses from fundraising activities reclassed to Part VIII $412,615 Line 4b - Other expenses on return, but not in books Pooled Legal Fees $61,828 Rounding $1 Income taxes Form 990, Schedule D, Part X, Line 2 The Organization follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This standard provides that the tax effects from an uncertain tax position can be recognized in the consolidated financial statements only if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The standard also provides guidance on measurement, classification, interest and penalties, and disclosure and had no material impact on the accompanying consolidated financial statements. The tax years ended 2008, 2009 and 2010 are still open to audit for both federal and state purposes. The Organization has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. Consolidated Financial Statements Schedule D, Partx XI, XII & XIII American Friends of Hebrew University receives consolidated financial statements that include the activities of a related organization, American Friends of Hebrew University Charitable Common Fund. The American Friends of Hebrew University has completed Schedule D, Parts XI, XII & XIII, which provide a reconciliation from the audited financial statements to the Form 990, reporting its separate activity. Schedule D, Part I AFHU is providing additional detail on its donor advised funds since the IRS provided schedule does not accurately reflect the transactions in the current year (which are reported on Line 3). Beginning Year Balance $895,572 Gifts to Other Charitable Institutions ($14,000) Gifts to Other Educational Institutions ($274,427) Management Fees ($13,800) Unrealized Gains $5,976 Dividends $18,008 Total Changes ($278,244) End of Year Balance $617,328 Schedule D, Part V, Endowment Fund The pooled endowment fund for the American Friends of the Hebrew University of Jerusalem ("the Organization") provides grant allocations to the Hebrew University of Jerusalem for scholarships, research, equipment and other projects in accordance with approximately 1,700 individual donor endowment fund agreements. The grant amounts are determined based on an annual spending policy approved by the Board of Directors. true Middle East and North Africa Program Services GRANT MAKING 34994265 East Asia and the Pacific Investments 58184791 Middle East and North Africa Investments 5556362 Europe (Including Iceland and Greenland) Investments 37523074 North America Investments 8684400 Russia and the Newly Independent States Investments 1210783 South America Investments 13789217 Sub-Saharan Africa Investments 476960 South Asia Investments 2022768 162442620 162442620 Middle East/North Africa General Purposes, Scholarships, Research, Capital Projects. 34919759 wire Middle East/North Africa GENERAL PURPOSES of school 32501 check Middle East/North Africa Research in experimental surgery by the Medical Faculty and for Lectureship. 34916 wire 3 Individual Awards and Prizes Middle East/North Africa 1 7000 check true false false false true false Activities Outside the United States Form 990, Schedule F, Part I, Line 2 The American Friends of The Hebrew University employs the services of a CPA firm to verify that grants to The Hebrew University are spent for the purposes for which the donor intended. Form 990, Schedule F, Part IV, Lines 1, 4 & 5 The American Friends of Hebrew University invests in domestic and foreign limited partnerships that may own an interest in a foreign corporation, passive foreign investment company, or foreign partnership. Nevertheless, American Friends of Hebrew University's investment in these partnerships did not reach the thresholds required for filing the Forms 926, 8621 or 8865. X X X true Lautman Maska Neill Co Direct Mail Consulting false 421683 107156 314527 MYERBERG SHAIN ASSOCIATES PLANNED GIVING false 1878000 36707 1841293 Neal P Myerberg Planned Giving false 1251000 39797 1211203 3550683 183660 3367023 CA DC FL HI IL MD MA MI MN NJ NM NC PA RI UT VA AWARD LUNCHEON 175100 107006 68094 68355 8249 GALA DINNER 136200 115050 21150 61694 9421 21 452477 303866 148611 242991 38150 221610 763777 525922 237855 373040 38150 239280 650470 -412615 true BOSTON UNIVERSITY SCHOOL OF MEDICINE 715 Albany Street Boston MA 02118 942539545 501(C)(3) 31481 Student exchange program between Hadassah & Boston University CONGREGATION KOL SHOFAR 215 BLACKFIELD DRIVE TIBURON CA 94920 136110872 501(C)(3) 12500 General Purposes HADASSAH MEDICAL ORGANIZATION 50 WEST 58TH STREET NEW YORK NY 100192500 132563745 501(C)(3) 23614 Morton Amsterdam Chair in Periodential prosthesis in the school of Dental Medicine. AFHU Charitable Common Fund one battery park plaza new york NY 10004 133525587 501(c)(3) 998799 general purpose 4 Visiting Lectureship 1 10000 Grant monitoring procedures Schedule I, Part I, Line 2 Grants made within the United States are limited to 501(c)(3) organizations that are active in fulfilling the charitable purposes of the American Friends of Hebrew University. Since grants are only made to select charities, no additional monitoring procedures are in place. X false true X X X false false false false false false false true false PETER WILLNER 404474 0 37500 0 18409 0 13379 0 25960 0 499722 0 0 0 JAMES ROTHKOPF 268095 0 30000 0 0 0 4512 0 30960 0 333567 0 0 0 BETH MCCOY 238149 0 30000 0 0 0 8200 0 24549 0 300898 0 0 0 JANE KAMPTON 165642 0 20000 0 0 0 2877 0 19973 0 208492 0 0 0 JACQUELINE GLODSTEIN 183819 0 0 0 0 0 1688 0 30815 0 216322 0 0 0 JILL MOSKOWITZ 175255 0 12500 0 0 0 5198 0 6703 0 199656 0 0 0 MATTHEW ROSS 173409 0 12500 0 0 0 5081 0 18790 0 209780 0 0 0 BETH KYMAN 159259 0 7500 0 0 0 1963 0 7276 0 175998 0 0 0 JAMES WILSON 142870 0 10000 0 0 0 2156 0 20085 0 175111 0 0 0 COMPENSATION FORM 990, SCHEDULE J, PART I, LINE 1 The spouse of the executive director periodically travels with him on business trips. The American Friends of Hebrew University treats these payments as taxable compensation, the amounts of which are included on his Form W-2 and disclosed on this return as other reportable compensation. Form 990, Schedule J, Part I, Line 7 Several individuals reported on the organization's Form 990 in Part VII and Schedule J received bonuses in fiscal year 2011. All bonus/salary recommendations for senior staff members are recommended by the National Executive Director to the Compensation Committee. The Compensation Committee is comprised of the President, Treasurer and Chairman of the Board. The Compensation Committee reviews materials provided by the National Executive Director and makes a recommendation to the Management Committee. The Management Committee is comprised of the above-mentioned 3 Board members and an additional 16 Board members. The Management Committee makes the ultimate decision about all senior staff salary/bonus increases/adjustments. As evidence of their decision and approval, the President of the Board signs and dates an Excel spreadsheet with the final approved recommendations. In accordance with the by-laws of the American Friends of the Hebrew University, the contract for the National Executive Director (which provides for compensation and benefits) is negotiated by the Compensation Committee. It is then reviewed by the Management Committee who makes a recommendation for approval to the Executive Committee. The Executive Committee is comprised of 19 Board members from the Management Committee and 7 additional Board members for a total of 26 members. The Executive Committee approves the contract for the National Executive Director. X 34 1550466 cost or sale price false true true Noncash Contributions To the extent that AFHU receives noncash contributions of marketable securities, the organization's investment manager is tasked with disposing of those securities. FORM 990, PART VI, LINE 2 ERNEST BOGEN, VICE PRESIDENT, AND RITA BOGEN, secretary, have a family relationship. ERNEST BOGEN, VICE PRESIDENT, AND STANLEY M BOGEN, director, have a family relationship. Ken Stein, Vice President, and Eric Stein, President of the San Francisco Regional Board, have a family relationship. FORM 990, PART VI, LINE 11 The organization's Form 990 was prepared by a national accounting firm in conjunction with the organization's financial department. A copy of the draft Form 990 was reviewed and approved by the Audit Committee and made available to the entire Board of Directors prior to its filing with the Internal Revenue Service. FORM 990, PART VI, LINE 12 Each officer, director, trustee and key employee of the organization is required to annually disclose any conflicts of interest that arise by virtue of their employment, board service, or position with the organization. The organization monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. The President has the authority to monitor the conflicts of interest questionnaires and report the findings to the Board of Directors. Conflicts, when they arise, are investigated immediately. FORM 990, PART VI, LINE 15 The American Friends of The Hebrew University Management Committee comprised of officers of the corporation (Chairman, President, Vice-President, Treasurer, Chairman of the Audit Committee, etc.) meets monthly and is empowered by the Board of Directors to review and approve the organization's business decisions and policies. The Management Committee determines compensation for all senior level employees and the Executive Committee determines the compensation for the National Executive Director. FORM 990, PART VI, LINE 19 The organization makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the Internet at www.guidestar.org and on the organization's website, www.afhu.org. The organization's financial statements, governing documents and conflict of interest policy will be made available upon request. The audited financial statements are also available on the organization's website. Form 990 - Board Relationships AFHU holds an investment with an approximate value of $3.708 million with Rexford Industrial. Board member, Richard Ziman, is a principal with Rexford Industrial. The organization did not pay fees that exceeded the threshold necessary for reporting on form 990, Schedule L. In the interests of full disclosure, AFHU is reporting this relationship on its Form 990. Form 990, Schedule XI, Line 5 Unrealized Losses (33,806,357) Beneficial Interest in Trust 28,977,900 Change in Value of Split Interest (388,630) Net Asset Re-Designations (86,253) Rounding (1) Total Change (5,303,341) AFHU CHARITABLE COMMON FUND one battery park plaza new york NY 10004 133525587 Donor Advised NY 501(c)(3) private fdn NA HEBREW UNIVERSITY OF JERUSALEM Mt Scopus Campus JERUSALEM IS 91905 237285905 EDUCATION IS 501(C)(3) school NA false true true false false false false false false false true false true true true true false false American Friends of Hebrew University B 998799 Charitable Common Fund American Friends of Hebrew University C 400649 Charitable Common Fund