2012-08-01T14:24:27-05:00 2011-09-30 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2010-10-01 131996126 AMERICAN FRIENDS OF THE TEL AVIV UNIVERSITY INC AMER 2127429070 39 BROADWAY NEW YORK NY 10006 ARI WEIN 2127429070 2012-07-30 1 FREDERICK H ROTHMAN 2128674000 2010 2016-02-24 21:20:13Z ARI WEIN 39 BROADWAY NEW YORK NY 10006 25454986 0 X WWW.AFTAU.ORG X 1955 NY DEVELOPMENT & ADVANCEMENT OF HIGHER EDUCATION 42 42 23 0 0 0 7638204 8954577 4057923 4489973 1137739 1688963 14964 24543 12848830 15158056 11206273 13115499 0 0 2073395 2381354 0 24750 2230344 1595394 1775885 14875062 17297488 -2026232 -2139432 46041477 44191385 3046445 3803191 42995032 40388194 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 4091226 3582437 4489973 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. 4571478 4571478 SCHOLARSHOPS FELLOWSHIPS AND HIGHER EDUCATION SUPPORT: BOTH DEDICATED AND AGGREGATED AFTAU CONTRIBUTIONS 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. DEDICATED GIFTS OF $100,000 OR MORE FUNDED THE INTERNATIONALLY RENOWNED BUCHMANN-MEHTA SCHOOL OF MUSIC, THE JAIME AND JOAN CONSTANTINER SCHOOL OF EDUCATION, THE RECANATI BUSINESS SCHOOL, THE MINERVA INSTITUTE, THE DAYAN CENTER AND THE GOLDREICH FAMILY INSTITUTE FOR YIDDISH LANGUAGE, LITERATURE AND CULTURE. ADDITIONALLY DESIGCATED SCHOLARSHIPS AND FELLOWSHIPS ALLOWED HUNDREDS OF UNDERPRIVELAGED AND DISABLED STUDENTS TO ACCESS AND RECIEVE A HIGHER EDUCATION. 3007161 3007161 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 ALTERNATIVE ENERGY AND MANY OTHER AREAS ARE ALL BEING PURSUED AT TEL AVIV UNIVERSITY. THIS PAST YEAR SPECIFIC DONATIONS OVER $100,000 WERE RECEIVED FOR DAVID AND INEZ MYERS TRANSGENIC MODELING OF HUMAN DISEASE, PROF. DANNY MICHEALSON'S GROUNDBREAKING ALZHEIMERS RESEARCH, BREAST CANCER RESEARCH, THE ZUCKER SUSMAN CHAIR FOR GLAUCOMA RESEARCH AND RESEARCH INTO NEXT GENERATION TECHNOLOGIES. 1940652 1954423 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. 1940652 1954423 13610517 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 499 0 23 1 0 0 0 0 0 1 1 0 0 0 0 X 42 42 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 X ARI WEIN 2127429070 39 BROADWAY NEW YORK NY 10006 WILLIAM F COHEN 10.00 X X 0 0 0 JON GURKOFF 1.00 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 5.00 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 1.00 X 0 0 0 YOEL SARAF 1.00 X 0 0 0 ALAN SCHWARTZ 1.00 X 0 0 0 MICHAEL SHAOUL 1.00 X 0 0 0 ALAN M SILBERSTEIN 3.00 X 0 0 0 JACQUELINE SIMKIN 2.00 X 0 0 0 JOEL D TAUBER 1.00 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 5.00 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 ARI WEIN 40.00 X 169620 0 39342 RONI KRINSKY 40.00 X 212819 0 20258 GAIL REISS 40.00 X 0 0 0 MARK FREEDMAN 40.00 X 164360 0 24214 DANIEL SCHMIT 40.00 X 176110 0 28426 BARBARA SCHREIBMAN 40.00 X 128682 0 14469 ROSALIE LURIE 40.00 X 120465 0 21038 972056 0 147747 6 0 1 0 0 1000 8953577 8954577 OVERSEAS STUDENT FEES 900099 4489973 4489973 4489973 861060 861060 11124833 10296930 827903 827903 827903 OTHER INCOME 900099 24543 24543 24543 15158056 4489973 0 1713506 4340 4340 63679 63679 13047480 13047480 392997 134653 258344 1560349 179634 535137 845578 73407 5771 25078 42558 221359 21128 76088 124143 133242 10692 46569 75981 11107 11107 43821 35056 8765 91889 91889 24750 24750 211525 211525 3740 3740 420342 66595 48339 305408 261443 107836 55079 98528 90526 27959 15642 46925 269706 22000 99082 148624 133772 17977 23159 92636 152073 4496 22137 125440 56275 23390 13154 19731 29666 3800 12933 12933 17297488 13610517 1456627 2230344 1000 1000 4478197 4920893 13388919 12048448 28302 36964 495982 260784 128870 235198 26388461 25980589 1581929 899664 45799 68629 46041477 44191385 87995 189032 1135504 1636485 1822946 1977674 3046445 3803191 X 1375178 1079970 21080918 18565067 20538936 20743157 42995032 40388194 46041477 44191385 X -2139432 -467406 X X 0 1 1 X 0 X 17415601 26184995 7229581 7638204 8954577 67422958 17415601 26184995 7229581 7638204 8954577 67422958 1470473 65952485 1454097 1538204 759844 792991 861060 5406196 2444 14633 1553 14964 24543 58137 72887291 14642611 0.90490 0.87040 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANOUS REVENUE RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20538936 223580 -19359 20743157 19901469 633264 4203 20538936 22566370 850289 3338457 572449 6281198 19901469 0.00000 1.00000 0.00000 0 0 30000 30000 119637 79997 39640 346345 180787 165558 235198 ANNUITY OBLIGATIONS 1977674 1977674 15158056 17297488 -2139432 -1317510 850104 -467406 -2606838 13479125 -1317510 -149896 -1467406 14946531 211525 211525 15158056 17085963 0 17085963 211525 211525 17297488 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 -149,896. ASSUMPTION OF SUPPORTING SERVICES 1,000,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -149,896. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 211,525. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 211,525. 1 MIDDLE EAST AND NORTH AFRICA GRANT 13018080 EUROPE (INCLUDING ICELAND AND GREENLAND) GRANT 29400 0 0 0 13047480 0 13047480 EUROPE (INCLUDING ICELAND AND GREENLAND) GENERAL SUPPORT 5400 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA GENERAL SUPPORT 12971580 WIRE TRANSFER 2 RESEARCH GRANT EUROPE (INCLUDING ICELAND AND GREENLAND) 1 24000 WIRE TRANSFER RESEARCH GRANT MIDDLE EAST AND NORTH AFRICA 1 20000 WIRE TRANSFER SCHOLARSHIPS FOR STUDENTS MIDDLE EAST AND NORTH AFRICA 5 26500 CHECK 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 0 NEAL P MYERBERG 179 SHORE ROAD OLD GREENWICH CT 06870 PLANNED GIVING 0 425000 24750 400250 425000 24750 400250 PA MD FL NY CA IL 1 X GENERAL SUPPORT GENERAL SUPPORT SCIENTIFIC RESEARCH 6 47179 SCHOLARSHIP 4 16500 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 169260 0 0 0 360 0 16962 0 22380 0 208962 0 0 0 RONI KRINSKY 212819 0 0 0 0 0 5186 0 15072 0 233077 0 0 0 MARK FREEDMAN 163808 0 0 0 552 0 8218 0 15996 0 188574 0 0 0 DANIEL SCHMIT 175894 0 0 0 216 0 8806 0 19620 0 204536 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DINA ETTINGER AND TAMAR RUDICH 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 B, LINE 11 THE BOARD REVIEWS THE 990 AND RECEIVES THE FINAL COPY PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE CONFLICT OF INTEREST POLICY DISCLAIMER/DISCLOSURE REQUEST IS SENT TO ALL APPLICABLE OFFICERS, DIRECTORS, ETC. FOLLOW UP BY THE CFO ENSURES THAT ALL PARTIES SIGN AND RETURN THEIR RESPECTIVE FORMS. IF ANY CONFLICT SITUATION ARISES, THE BOARD WOULD BE INFORMED AND A VOTE WOULD TAKE PLACE WITH THE CONFLICTED PERSON RECUSING HIM/HERSELF 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 AND KEY EMPLOYEE PAY IS REVIEWED BY THE ORGANIZATION'S EXECUTIVE COMMITTEE. THE SALARY FOR THE POSITION OF CFO OR OTHER KEY EMPLOYEES 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 KEY EMPLOYEE PAY IS REVIEWED BY THE ORGANIZATIONS EXECUTIVE COMMITTEE. THIS REVIEW WAS LAST PERFORMED IN 2010. 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: -1,317,510. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -149,896. ASSUMPTION OF SUPPORTING SERVICES 1,000,000. TOTAL TO FORM 990, PART XI, LINE 5: -467,406. PART XII LINE 2C THE PROCESS HAS NOT CHANGED SINCE PRIOR YEAR. 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0