2021-04-20T17:12:32-05:00 2020-09-30 420714325 RSM US LLP 4 TIMES SQUARE NEW YORK NY 10036 990 2019-10-01 237270753 AMERICAN ASSOCIATES BEN-GURION UNIVERSITY OF THE NEGEV INC AMER 2126877721 1001 AVENUE OF THE AMERICAS 19TH FL NEW YORK NY 10018 DOUG SESERMAN CEO 2126877721 2021-04-19 1 LYNNE JOHNSON P00757336 2123721000 2019 2022-09-23 18:48:47Z DOUG SESERMAN 1001 AVENUE OF THE AMERICAS 19TH FL NEW YORK NY 10018 73312749 0 X WWW.AABGU.ORG X 1973 NY AABGU PLAYS A VITAL ROLE IN CREATING A WORLD CLASS UNIVERSITY IN THE ISRAELI DESERT. 81 81 48 81 10923 8706 24067130 24847842 0 0 22889128 11627375 -126097 -163247 46830161 36311970 39263348 43634406 0 0 6414398 6529854 30000 30000 3785884 5759046 5417733 51466792 55611993 -4636631 -19300023 743138492 756412362 34869557 40648470 708268935 715763892 AABGU PLAYS A VITAL ROLE IN SUSTAINING DAVID BEN-GURION'S VISION, CREATING A WORLD-CLASS INSTITUTION OF EDUCATION AND RESEARCH IN THE ISRAELI DESERT, NURTURING THE NEGEV COMMUNITY AND SHARING THE UNIVERSITY'S EXPERTISE LOCALLY AND AROUND THE GLOBE. 0 0 46660054 43634406 BEN-GURION UNIVERSITY SUPPORT: AABGU RAISES FUNDS WITHIN THE U.S. FOR BEN-GURION UNIVERSITY. SUPPORT INCLUDES, BUT IS NOT LIMITED TO, GRANTS FOR ONGOING OPERATIONS (E.G. SCHOLARSHIPS/FELLOWSHIPS, STUDENT ACTVITIES), ACADEMIC RESEARCH (E.G. WATER/ENVIRONMENT, CYBER SECURITY, ROBOTICS/ARTIFICIAL INTELLIGENCE, MEDICAL BREAKTHROUGHS), CAPITAL PROJECTS (E.G. DORMITORIES, RESEARCH LABS, CLASSROOM BUILDINGS, CONFERENCE FACILITIES), AND COMMUNITY OUTREACH ACTIVITIES TO SUPPORT THE DEVELOPMENT OF ISRAEL'S NEGEV REGION (E.G. VOLUNTEER AND SOCIAL ACTION TO UNDERPRIVILEGED COMMUNITIES AND INDIVIDUALS, BEDOUIN SUPPORT, YOUTH CLUBS, MENTORING/TUTORING, UNIVERSITY PREP PROGRAMS, ETC.) 963996 RAISING AWARENESS & EDUCATION PROGRAM: AABGU RAISES AWARENESS IN THE U.S. TO POTENTIAL DONORS ABOUT BGU AND THE NEGEV REGION IN GENERAL. AABGU ALSO EDUCATES CURRENT AND POTENTIAL DONORS ON VARIOUS RESEARCH AND COMMUNITY-BASED INITIATIVES CONDUCTED BY THE UNIVERSITY, AS WELL AS THE NEGEV REGION IN GENERAL. AABGU SHOWCASES BGU'S ACADEMIC EXCELLENCE AND GROUNDBREAKING RESEARCH TO INDIVIDUALS, FOUNDATIONS, ORGANIZATIONS, AND THE MEDIA THROUGH VARIOUS ACTIVITIES, INCLUDING A SERIES OF EDUCATIONAL PROGRAMS, EVENTS, AND INFORMATIVE DIGITAL AND PRINT COMMUNICATIONS THAT FEATURE BGU'S WORLD-RENOWNED FACULTY. 289199 ZIN FELLOWS LEADERSHIP PROGRAM: THE AABGU ZIN FELLOWS PROGRAM IS AN INSPIRING AND TRANSFORMATIVE OPPORTUNITY FOR OUTSTANDING AMERICANS IN THEIR 30S-50S. THE EIGHTEEN MONTH PROGRAM CONSISTS OF TWO IN-PERSON GATHERINGS IN THE UNITED STATES FOLLOWED BY AN IMMERSIVE ISRAEL EXPERIENCE. ZIN FELLOWS REPRESENT THE BEST OF THE BEST IN TERMS OF THE NEXT GENERATION. THEY ARE CURRENT AND FUTURE AMERICAN COMMUNITY LEADERS WHO ARE INTERESTED IN UNDERSTANDING THE UNIQUE ROLE BGU PLAYS IN THE DEVELOPMENT OF THE NEGEV AND THE FUTURE OF ISRAEL. 47913249 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 1 1 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 36 0 48 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 81 81 1 0 0 0 0 0 0 1 1 0 1 0 1 1 1 1 1 1 1 0 0 AK AL AR CA CO CT DC FL GA HI IL KS KY MA MD ME MI MS MN NC NH NV ND NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV X X SHAWN CONSIDINE 2126877721 1001 AVENUE OF THE AMERICAS 19TH FL NEW YORK NY 10018 X DOUGLAS SESERMAN CHIEF EXECUTIVE OFFICER 40.00 X 535828 0 176828 KEVIN LEOPOLD EXECUTIVE DIRECTOR NORTHEAST 40.00 X 252494 0 69074 PHILIP S GOMPERTS REGIONAL DIRECTOR 40.00 X 287344 0 32587 KEREN WARANCH VICE PRESIDENT REGIONAL OPERATIONS 40.00 X 199772 0 59944 ANDREW HOFFER ASSOCIATE DIRECTOR SOUTHWEST 40.00 X 197117 0 51007 CLAIRE WINICK REGIONAL DIRECTOR 40.00 X 177449 0 42302 TIMOTHY GREENE CHIEF FINANCIAL OFFICER 40.00 X 192857 0 22471 JACOB DAYAN VICE PRESIDENT 3.00 X X 0 0 0 ANDREA GOREN TREASURER 3.00 X X 0 0 0 DONNA LAM SECRETARY 3.00 X X 0 0 0 ELLEN MARCUS VICE PRESIDENT 3.00 X X 0 0 0 JOANNE MOORE VICE PRESIDENT 3.00 X X 0 0 0 JOEL REINSTEIN VICE PRESIDENT 3.00 X X 0 0 0 TONI YOUNG PRES.(UNTIL 9/15/20)/BOARD MEMBER 5.00 X X 0 0 0 GARY DEBODE BOARD MEMBER/PRES.(AS OF 9/15/20) 1.00 X X 0 0 0 ZVI ALON BOARD MEMBER 1.00 X 0 0 0 NINA APPEL BOARD MEMBER 1.00 X 0 0 0 JOSHUA ARNOW BOARD MEMBER 1.00 X 0 0 0 BARBARA BALIFF BOARD MEMBER 1.00 X 0 0 0 TRACY BELL BOARD MEMBER 1.00 X 0 0 0 DAVA BERKMAN BOARD MEMBER 1.00 X 0 0 0 KEN BLOOM BOARD MEMBER 1.00 X 0 0 0 DAVID BRESLAUER BOARD MEMBER 1.00 X 0 0 0 JAMES BRESLAUER BOARD MEMBER 1.00 X 0 0 0 SYLVIA BRODSKY BOARD MEMBER 1.00 X 0 0 0 RIVA COLLINS BOARD MEMBER 1.00 X 0 0 0 ROBERT COLTON BOARD MEMBER 1.00 X 0 0 0 NEIL DAVIDOWITZ BOARD MEMBER 1.00 X 0 0 0 MARCI DOLLINGER BOARD MEMBER 1.00 X 0 0 0 LISA FIELD BOARD MEMBER 1.00 X 0 0 0 STEVEN FINKELMAN BOARD MEMBER 1.00 X 0 0 0 ESTHER FOER BOARD MEMBER 1.00 X 0 0 0 DEBORAH FOX BOARD MEMBER 1.00 X 0 0 0 RICHARD FREEDMAN BOARD MEMBER 1.00 X 0 0 0 DODI FROMSON BOARD MEMBER 1.00 X 0 0 0 LIS GAINES BOARD MEMBER 1.00 X 0 0 0 STANLEY GINSBURG BOARD MEMBER 1.00 X 0 0 0 MAX GITTER BOARD MEMBER 1.00 X 0 0 0 LLOYD GOLDMAN BOARD MEMBER 1.00 X 0 0 0 ALEXANDER GOREN BOARD MEMBER 1.00 X 0 0 0 CRAIG GRANOWITZ BOARD MEMBER 1.00 X 0 0 0 ELIZABETH GRZEBINSKI BOARD MEMBER 1.00 X 0 0 0 JANE GURAL-SENDERS BOARD MEMBER 1.00 X 0 0 0 WILLIAM HANDY BOARD MEMBER 1.00 X 0 0 0 MARVIN ISRAELOW BOARD MEMBER 1.00 X 0 0 0 EDWARD KAPLAN BOARD MEMBER 1.00 X 0 0 0 CONNIE KATZ BOARD MEMBER 1.00 X 0 0 0 BARRY KAYNE BOARD MEMBER 1.00 X 0 0 0 TARA KELLEHER BOARD MEMBER 1.00 X 0 0 0 CAROL KIMMEL BOARD MEMBER 1.00 X 0 0 0 DOUGLAS KRUPP BOARD MEMBER 1.00 X 0 0 0 JEFF KUPFER BOARD MEMBER 1.00 X 0 0 0 MARIBETH LERNER BOARD MEMBER 1.00 X 0 0 0 JAN ABBY LIFF BOARD MEMBER 1.00 X 0 0 0 SHELDON LONDON BOARD MEMBER 1.00 X 0 0 0 JILL MAX BOARD MEMBER 1.00 X 0 0 0 HOLLY NELSON BOARD MEMBER 1.00 X 0 0 0 ALAN NEWMAN BOARD MEMBER 1.00 X 0 0 0 JEFF POLAK BOARD MEMBER 1.00 X 0 0 0 STEVE ROGERS BOARD MEMBER 1.00 X 0 0 0 JOSEPH ROSE BOARD MEMBER 1.00 X 0 0 0 CAROL ROTHSCHILD BOARD MEMBER 1.00 X 0 0 0 GABRIEL RUBANENKO BOARD MEMBER 1.00 X 0 0 0 CAROL SAAL BOARD MEMBER 1.00 X 0 0 0 JONATHAN SACK BOARD MEMBER 1.00 X 0 0 0 SHERRIE SAVETT BOARD MEMBER 1.00 X 0 0 0 JULIE SAVITCH BOARD MEMBER 1.00 X 0 0 0 MAX SCHECHNER BOARD MEMBER 1.00 X 0 0 0 PETER SCHECHTER BOARD MEMBER 1.00 X 0 0 0 ERNEST SCHELLER BOARD MEMBER 1.00 X 0 0 0 LISA SCHELLER BOARD MEMBER 1.00 X 0 0 0 JOEL SHALOWITZ BOARD MEMBER 1.00 X 0 0 0 JESSICA SILLINS BOARD MEMBER 1.00 X 0 0 0 CRAIG SIMON BOARD MEMBER 1.00 X 0 0 0 ERNIE SIMON BOARD MEMBER 1.00 X 0 0 0 KATHLEEN SPITZER BOARD MEMBER 1.00 X 0 0 0 ILANA SUBAR BOARD MEMBER 1.00 X 0 0 0 AMY TOLTZ-MILLER BOARD MEMBER 1.00 X 0 0 0 ROBIN TOUBIN STEIN BOARD MEMBER 1.00 X 0 0 0 HAREL TURKEL BOARD MEMBER 1.00 X 0 0 0 ARIELA WAGNER BOARD MEMBER 1.00 X 0 0 0 IRA WAGNER BOARD MEMBER 1.00 X 0 0 0 DAVID WAGONFELD BOARD MEMBER 1.00 X 0 0 0 MARTIN WEINBERG BOARD MEMBER 1.00 X 0 0 0 LEW WINARSKY BOARD MEMBER 1.00 X 0 0 0 MICHAEL ZEIGER BOARD MEMBER 1.00 X 0 0 0 ROBERT ZIPKIN BOARD MEMBER 1.00 X 0 0 0 ROY ZUCKERBERG BOARD MEMBER 1.00 X 0 0 0 1842861 0 454213 17 0 1 0 AB DATA LTD PO BOX 170062 MILWAUKEE WI 53217 DIRECT MAIL 233278 RSM US LLP 4 TIMES SQUARE 151 W 42ND ST 19TH NEW YORK NY 10036 ACCOUNTING/TAX 154475 PERLMAN & PERLMAN LLP 521 FIFTH AVE 30TH FL NEW YORK NY 10175 LEGAL SERVICES 152578 DA'AT 500 7TH AVE 8TH FL NEW YORK NY 10018 TRAVEL AGENCY 149423 STARFISH LLC 32 WEST 22ND STREET - 3RD FLOOR NEW YORK NY 10010 REBRANDING 127444 6 178897 24668945 1625041 24847842 9678143 10923 9667220 38749133 5600 36799901 5600 1949232 0 1949232 1949232 32031 178897 195278 -163247 -163247 36311970 0 10923 11453205 43634406 43634406 1003447 301034 407609 294804 4255332 835078 1161098 2259156 286682 57371 93642 135669 638132 124719 173411 340002 346261 67349 79769 199143 133322 113291 20031 200461 10111 190350 167000 19936 147064 30000 30000 2479016 2350851 128165 89628 89628 671605 294674 175401 201530 159434 23915 119576 15943 156176 17179 124941 14056 646267 64626 484701 96940 182952 45738 64033 73181 241454 60364 84509 96581 44050 44050 99136 99136 TELECOMMUNICATIONS 73729 5898 58983 8848 BANK FEES 61743 61743 BAD DEBT EXPENSE 11760 11760 55611993 47913249 3912860 3785884 7994 2987 5018639 10895451 30751695 30102798 242211 86625 911457 759270 197992 152187 218856121 206530478 484392217 505427844 3671623 3213992 743138492 756412362 1039331 968697 0 973190 33830226 38706583 34869557 40648470 X 58118622 60194785 650150313 655569107 708268935 715763892 743138492 756412362 X -19300023 29350447 -2555467 X 0 1 X 1 0 X 38518782 29371022 21047359 24067130 24847842 137852135 38518782 29371022 21047359 24067130 24847842 137852135 2801119 135051016 6582595 14777812 10077282 19107983 9667220 60212892 25031 86052 10923 122006 80295 77768 55800 103000 32031 348894 198535927 0.68020 0.66820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENT GROSS INCOME - 2015 AMOUNT: $ 80,100. 2016 AMOUNT: $ 77,400. 2017 AMOUNT: $ 55,800. 2018 AMOUNT: $ 103,000. 2019 AMOUNT: $ 32,031. MISC INCOME - 2015 AMOUNT: $ 195. 2016 AMOUNT: $ 368. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 999106 398352 X 0 631283423 6631979 37227089 34028027 2350852 638763612 647275354 6816399 15138146 36483071 1463405 631283423 383330771 250022998 39247653 24875036 451032 647275354 306485960 60000333 30471112 13233764 392870 383330771 163754207 131068091 16603147 4843763 95722 306485960 0.00000 1.00000 0.00000 1 0 552857 410529 142328 262006 252147 9859 96594 96594 0 152187 U.S. TREASURIES AND OTHER BONDS 53097760 F INVESTMENT FUNDS 306927734 C INVESTMENTS HELD IN ISRAEL 145402350 F 505427844 DUE TO BEN-GURION UNIVERSITY 20753041 OTHER LIABILITIES 37923 OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS 17653527 DEFERRED LEASE OBLIGATIONS AND INCENTIVE 262092 38706583 X 60627934 29350447 -2555467 26794980 33832954 2479016 2479016 36311970 53132977 0 53132977 2479016 2479016 55611993 PART III, LINE 4: COLLECTION OF SEVERAL THOUSAND BOOKS AND OTHER PUBLICATIONS ON HERPETOLOGY DONATED MANY YEARS AGO TO AABGU; THEY ARE ON LONG TERM LOAN AT NO CHARGE TO BEN-GURION UNIVERSITY, AND THE BOOK VALUE IS $999,106. AN ART DEALER DONATED OVER 100 PAINTINGS VALUED AT $509,540 IN 2008. SINCE THEN AABGU HAS BEEN SELLING THESE PAINTINGS. THE BOOK VALUE OF UNSOLD PAINTINGS IS $398,352. PART V, LINE 4: ENDOWMENTS HELD IN ISRAEL ARE RESTRICTED GIFTS THAT ARE MAINTAINED AND MANAGED BY BEN-GURION UNIVERSITY OF THE NEGEV ("BGU") ON BEHALF OF AABGU. EXCEPT FOR CERTAIN ENDOWMENTS THAT HAVE A DEFINED ALLOCATION, EACH YEAR, AT THE DIRECTION OF AABGU, BGU DETERMINES A SPEND RATE TO BE APPLIED AGAINST THE ENDOWMENT FUND. THE ALLOCATION BASED ON THE SPEND RATE FUNDS SCHOLARSHIPS AND OTHER PROJECTS AT BGU. PART X, LINE 2: AABGU QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE IRC), AND IS A PUBLICLY SUPPORTED CHARITABLE ORGANIZATION AS DESCRIBED IN SECTION 509(A)(1) OF THE IRC. AABGU IS NOT CLASSIFIED AS A PRIVATE FOUNDATION, AND IS SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT), IF APPLICABLE. FOR THE YEARS ENDED SEPTEMBER 30, 2020 AND 2019, AABGU DID NOT HAVE MATERIAL UBIT EXPENSES AND LIABILITIES. MANAGEMENT HAS EVALUATED AABGU'S TAX POSITIONS AND CONCLUDED THAT AABGU HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE TO THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, AABGU IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2017, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -2,343,978. LOSS ON UNCOLLECTABLE RECEIVABLES -211,489. 1 MIDDLE EAST AND NORTH AFRICA INVESTMENTS 145402350 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES PAYMENTS TO VENDORS IN ISRAEL FOR TRAVEL, MEETINGS, MISSIONS, AND BOARD MEETINGS AS BGU IS LOCATED IN ISRAEL. 33708 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 43634406 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 119065345 0 1 0 0 0 1 308135809 0 308135809 MIDDLE EAST AND NORTH AFRICA ACADEMIC PROGRAMS AND RESEARCH 17780254 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA CAPITAL PROJECTS 16305966 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA SCHOLARSHIPS 7713816 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA COMMUNITY OUTREACH 899094 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA MEDICAL SCHOOL AND HEALTH SERVICES 774155 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA ACADEMIC CHAIRS 161120 WIRE TRANSFER 1 1 1 0 1 1 1 0 PART I, LINE 2: AABGU'S ACCOUNTING FIRM RECONCILES A SAMPLING OF GRANTS BETWEEN AABGU AND BGU, PERFORMING TESTING TO VERIFY GRANTED FUNDS ARE APPLIED PROPERLY TO DONORS' RESTRICTIONS OR INTENDED GIFT PURPOSE. IN ADDITION, FOR CERTAIN MAJOR GRANTS, AABGU HAS AN OVERSIGHT COMMITTEE, COMPOSED OF MEMBERS OF ITS BOARD, TO OVERSEE THE PROGRESS OF SELECTED PROJECTS FUNDED BY THESE GRANTS. BGU REPORTS ANNUALLY TO THE COMMITTEE ON HOW FUNDS WERE USED THAT YEAR. PART III ACCOUNTING METHOD: X X X X X 1 AB DATA LTD PO BOX 170062 MILWAUKEE WI 53217 DIRECT MAIL SOLICITATIONS 1 265245 30000 235245 265245 30000 235245 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NV NJ NM NY ND NH NC OH OK OR PA RI SC TN UT VA WA WV WI MA DINNER 95774 76618 19156 20393 1360 15925 SILLICON WADI VALLY 54918 49272 5646 21000 1600 0 2 60236 53007 7229 102784 2000 30216 210928 178897 32031 144177 4960 46141 195278 -163247 X 1 1 X X X X 0 1 0 0 0 0 0 0 0 DOUGLAS SESERMAN CHIEF EXECUTIVE OFFICER 499364 0 0 0 36464 0 127554 0 49274 0 712656 0 0 0 KEVIN LEOPOLD EXECUTIVE DIRECTOR NORTHEAST 252170 0 0 0 324 0 25484 0 43590 0 321568 0 0 0 PHILIP S GOMPERTS REGIONAL DIRECTOR 286293 0 0 0 1051 0 26833 0 5754 0 319931 0 0 0 KEREN WARANCH VICE PRESIDENT REGIONAL OPERATIONS 199610 0 0 0 162 0 20125 0 39819 0 259716 0 0 0 ANDREW HOFFER ASSOCIATE DIRECTOR SOUTHWEST 196653 0 0 0 464 0 11879 0 39128 0 248124 0 0 0 CLAIRE WINICK REGIONAL DIRECTOR 176497 0 0 0 952 0 17470 0 24832 0 219751 0 0 0 TIMOTHY GREENE CHIEF FINANCIAL OFFICER 192695 0 0 0 162 0 8912 0 13559 0 215328 0 0 0 PART I, LINE 1A PER THE CEO'S EMPLOYMENT AGREEMENT, HE IS ENTITLED TO A MONTHLY HOUSING ALLOWANCE. THE AMOUNT PAID DURING 2019 IS INCLUDED IN COLUMN B(III) AND REPORTED ON HIS W2. PART I, LINE 4B THE FOLLOWING EMPLOYEE PARTICIPATED IN A NON-QUALIFIED SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN (SERP), WHICH WAS ESTABLISHED UNDER SECTION 457(F) OF THE IRC.: DOUGLAS SESERMAN - CEO THE ORGANIZATION ESTABLISHED THE SERP FOR THE CEO, EFFECTIVE OCTOBER 1, 2017. THE ARRANGEMENT IS A FIVE YEAR ARRANGMENT THAT INCLUDES A SUBSTIANIAL RISK OF FORFEITURE BASED ON THE TERMS OF THE AGREEMENT. NO AMOUNTS ATTRIBUTABLE TO THE DEFERRED COMPENSATION PLAN, FOR THE CALENDAR YEAR ENDED 12/31/2019 PERIOD, WERE PAID TO THE CEO. X 72 1613841 AVERAGE MARKET VALUE X 4 11200 MARKET VALUE 0 0 0 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS SHOWN ABOVE REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS OF NON-CASH GIFTS DURING THE YEAR. PART I, LINE 32B: 1. ART WORK HELD AT THE STUDIO TO BE SOLD 2. CHARLES SCHWAB FOR STOCK CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 2 1. JAMES BRESLAUER AND DAVID BRESLAUER HAVE A FAMILY RELATIONSHIP. 2. ALEXANDER GOREN AND ANDREA GOREN HAVE A FAMILY RELATIONSHIP. 3. LLOYD GOLDMAN AND MARVIN ISRAELOW HAVE A FAMILY RELATIONSHIP. 4. DONNA LAM AND WILLIAM HANDY HAVE A FAMILY RELATIONSHIP. 5. ERNIE SCHELLER AND LISA SCHELLER HAVE A FAMILY RELATIONSHIP. 6. CRAIG SIMON AND LINDA SIMON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 10B AABGU HAS LOCAL CHAPTERS IN SOME PARTS OF THE COUNTRY WHERE IT HAS IDENTIFIED LOCAL LAY LEADERSHIP AND SUPPORTERS. THE COMPLIANCE OF CHAPTERS WITH POLICIES AND PROCEDURES GUIDED BY THE NATIONAL ORGANIZATION IS ASSURED IN TWO WAYS: 1. LOCAL CHAPTERS ARE GUIDED BY AABGU'S PROFESSIONAL DEVELOPMENT STAFF. 2. LOCAL CHAPTERS INCLUDE ONE OR MORE MEMBERS OF AABGU'S NATIONAL BOARD (WHICH IS AABGU'S GOVERNING BODY). FORM 990, PART VI, SECTION B, LINE 11B THE BOARD'S AUDIT COMMITTEE REVIEWS THE DOCUMENT IN ITS ENTIRETY, AND THE 990 IS NOT FILED UNTIL THE AUDIT COMMITTEE IS SATISFIED THAT IT IS IN ORDER. AFTER THE AUDIT COMMITTEE REVIEWS THE DRAFT 990, IT IS POSTED TO THE BOARD OF DIRECTOR'S SECTION OF THE AABGU WEBSITE IN ADVANCE OF THE FILINGS. FORM 990, PART VI, SECTION B, LINE 12C 1. PRIOR TO THE BOARD'S ANNUAL MEETING, CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE DISTRIBUTED TO BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES USING AN ELECTRONIC DOCUMENT SIGNATURE PLATFORM. 2. PROFESSIONAL STAFF FOLLOW UP WITH ANY INDIVIDUAL WHO HAS NOT COMPLETED A DISCLOSURE FORM. 3. KEY EMPLOYEES ARE AWARE AND SUBJECT TO CONFLICT OF INTEREST POLICY AND PROCEDURES PER AABGU'S CONFLICT OF INTEREST POLICY. 4. THE ANNUAL DISCLOSURE STATEMENTS ARE REVIEWED BY THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER AND GENERAL COUNSEL. IN THE EVENT THAT A CONFLICT OR A POTENTIAL CONFLICT IS DISCLOSED, IT IS PRESENTED TO THE CONFLICT OVERSIGHT COMMITTEE, AND THE AS SET FORTH IN THE POLICY. ANY INDIVIDUAL WHO HAS A POTENTIAL CONFLICT UNDER CONSIDERATION BY THE CONFLICT OVERSIGHT COMMITTEE MAY MAKE A PRESENTATION TO THE CONFLICT OVERSIGHT COMMITTEE UPON THE CONFLICT OVERSIGHT COMMITTEE'S REQUEST. HOWEVER, THEY SHALL NOT BE PRESENT FOR THE DELIBERATION OR VOTING ON THE MATTER, AND MAY NOT ATTEMPT TO IMPROPERLY INFLUENCE THE DELIBERATION OR VOTE. FORM 990, PART VI, SECTION B, LINE 15A AABGU HAS A COMPENSATION COMMITTEE. AABGU'S BY-LAWS PROVIDE: THE COMPENSATION COMMITTEE SHALL BE RESPONSIBLE FOR MAKING COMPENSATION RECOMMENDATIONS FOR THE CHIEF EXECUTIVE OFFICER. IT SHALL PRESCRIBE POLICY STANDARDS WITH RESPECT TO PERFORMANCE, ESTABLISH CRITERIA FOR SUPPLEMENTAL BENEFITS AND PERQUISITES, ALL RELATIVE TO MARKET COMPETITIVENESS. THE RECOMMENDATIONS SHALL BE MADE AVAILABLE TO THE EXECUTIVE COMMITTEE FOR APPROVAL. AS PART OF THE PROCESS IN DETERMINING COMPENSATION, THE CFO PREPARES AN ANALYSIS OF THE COMPENSATION OF EXECUTIVE DIRECTORS OR CEOS OF THE OTHER "FRIENDS OF ISRAELI UNIVERSITIES ORGANIZATIONS BASED ON THE MOST RECENTLY AVAILABLE 990S. THIS ANALYSIS IS PROVIDED TO THE COMPENSATION COMMITTEE IN ADVANCE OF ANY DELIBERATIONS WITH REGARD TO THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION C, LINE 19 AABGU MAKES ITS AUDITED FINANCIAL STATEMENTS AND KEY GOVERNANCE DOCUMENTS AND POLICIES AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). AABGU POSTS A COPY OF THE 990 AND ITS AUDITED FINANCIAL STATEMENTS TO ITS WEBSITE. FORM 990, PART VII THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN PART VII, COLUMN F, AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -2,343,978. LOSS ON UNCOLLECTABLE RECEIVABLES -211,489. MARCUS GIFT FILM LLC 1001 AVENUE OF AMERICAS NEW YORK NY 10018 237270753 DOCUMENTARY DE 0 465000 AABGU CHARITABLE REMAINDER TRUSTS (5) CHARITABLE TRUST NY AABGU 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0