2020-06-04T14:14:37-05:00 2019-09-30 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2018-10-01 131568923 American Friends of Hebrew University Inc % ELISSA FISHMAN AMER 2126078500 ONE BATTERY PARK PLAZA Suite 25th f NEW YORK NY 100041435 BETH MCCOY Nat'l Exe. Director 2126078500 2020-05-26 true Scott thompsett P00741490 2125990100 71.232.176.125 26377520201565000001 2020-06-04 P B6B9A4069768E68F2B23E91CFAE117586AF327BC 43A6EB1B60480DC255080CF589AF7F6909E0A95E 2018 2021-01-29 14:40:06Z BETH MCCOY-chief executive off ONE BATTERY PARK PLAZA 25TH FL NEW YORK NY 100041435 84579846 false X WWW.AFHU.ORG X 1931 NY TO SUPPORT the HEBREW UNIVERSITY OF Jerusalem, ISRAEL'S FOREMOST CENTER OF HIGHER education & RESEARCH. 61 60 75 238 0 -8080 45114274 59310975 398920 273447 47918542 24590364 -579799 -667579 92851937 83507207 48688321 53605561 0 0 9496257 9156228 176888 286500 7824348 4964322 5006591 63325788 68054880 29526149 15452327 714211971 720998903 43162149 42154149 671049822 678844754 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 THE 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 THE 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 INTER false false 56350362 53605561 273447 THE AMERICAN FRIENDS OF THE HEBREW UNIVERSITY'S (AFHU) PRIMARY EXEMPT PURPOSE IS TO PROMOTE, ENCOURAGE, AID AND ADVANCE HIGHER AND SECONDARY EDUCATION, RESEARCH AND TRAINING IN ALL BRANCHES OF KNOWLEDGE IN ISRAEL AND ELSEWHERE, AND TO AID IN THE MAINTENANCE AND DEVELOPMENT OF THE HEBREW UNIVERSITY OF JERUSALEM IN THE STATE OF ISRAEL (THE "HEBREW UNIVERSITY"). GRANTS AWARDED TO HEBREW UNIVERSITY INCLUDE, BUT ARE NOT LIMITED TO, THOSE FOR SCHOLARSHIPS AND FELLOWSHIPS, RESEARCH, CAPITAL PROJECTS, FACULTY RECRUITMENT, AND EQUIPMENT. 56350362 true true false false false true false false false true true true false true true true false true false false true true false true true false false true false true false false false false false false true false true false false false false true true true false false true X 65 0 true 75 true true true true IS false false false true true false false false false false false false false false X 61 60 true false false false false false false true true false false true true true true true true true true false AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X ELISSA FISHMAN 2126078569 ONE BATTERY PARK 25TH FL NEW YORK NY 10004 X Clive Kabatznik President (as of 05/2019) 10.0 0.0 X X 0 0 0 Marc O Mayer Pres. (thru 05/2019)/Chairman 10.0 0.0 X X 0 0 0 Joshua Olshin Treasurer 5.0 0.0 X X 0 0 0 Frances Katz assistant treasurer 1.0 0.0 X X 0 0 0 Pamela N Emmerich Secretary 1.0 0.0 X X 0 0 0 Kenneth L Stein Esq Vice President 1.0 0.0 X X 0 0 0 Ronald M Zimmerman Vice President 1.0 0.0 X X 0 0 0 John H Bauman Director 1.0 0.0 X 0 0 0 Diane Belfer Director (thru 05/2019) 1.0 0.0 X 0 0 0 Annette Blum Director 1.0 0.0 X 0 0 0 James Blum Director 1.0 0.0 X 0 0 0 Roberta Bogen director (from 06/2019) 1.0 0.0 X 0 0 0 Stanley M Bogen Director 1.0 0.0 X 0 0 0 Joyce Brandman Director 1.0 0.0 X 0 0 0 Michael Cypers Director 1.0 0.0 X 0 0 0 I Steven Edelson Director 1.0 0.0 X 0 0 0 Alan P Fiske Director 1.0 0.0 X 0 0 0 Ruth Flinkman-Marandy Director 1.0 0.0 X 0 0 0 Steve Frankel Director 1.0 0.0 X 0 0 0 Michael J Freed Director 1.0 0.0 X 0 0 0 Julie Gal Director 1.0 0.0 X 0 0 0 Mark Genender Director 1.0 0.0 X 0 0 0 Patricia L Glaser Director 1.0 0.0 X 0 0 0 Steven Good Director 1.0 0.0 X 0 0 0 Richard Goodman Director 1.0 0.0 X 0 0 0 Brindell Gottlieb Director 1.0 0.0 X 0 0 0 Neal Grossman director (from 06/2019) 1.0 0.0 X 0 0 0 Arthur Gutterman Director 1.0 0.0 X 0 0 0 Nancy Hamburger Director 1.0 0.0 X 0 0 0 William H Isacoff Director 1.0 0.0 X 0 0 0 Renae Jacobs-Anson Director 1.0 0.0 X 0 0 0 Helen Jacobs-Lepor Director 1.0 0.0 X 0 0 0 Emma Joels Director 1.0 0.0 X 0 0 0 Marvin Jubas Director 1.0 0.0 X 0 0 0 Brad S Karp Director 1.0 0.0 X 0 0 0 Myron Kaufman Director (thru 03/2019) 1.0 0.0 X 0 0 0 William Kilberg Director 1.0 0.0 X 0 0 0 Ellen Klersfeld Director 1.0 0.0 X 0 0 0 Michael S Kurtz honorary chair/Director 1.0 0.0 X 0 0 0 Marla Lerner Tanenbaum Director 1.0 0.0 X 0 0 0 Barry H Lippman Director 1.0 0.0 X 0 0 0 Michael Lobel Director 1.0 0.0 X 0 0 0 Mrs Barbara A Mandel Director 1.0 0.0 X 0 0 0 Mindy Mann Director 1.0 0.0 X 0 0 0 James E Matanky Director 1.0 0.0 X 0 0 0 Beno Michel Director 1.0 0.0 X 0 0 0 Annette Pakula Director 1.0 0.0 X 0 0 0 Mrs Leona Z Rosenberg Director 1.0 0.0 X 0 0 0 Richard Rothschild Director 1.0 0.0 X 0 0 0 Steven C Rubinow Director 1.0 0.0 X 0 0 0 Herbert L Sachs Director 1.0 0.0 X 0 0 0 Sam Sandler Director 1.0 0.0 X 0 0 0 George A Schieren Director 1.0 0.0 X 0 0 0 daniel I Schlessinger director 1.0 0.0 X 0 0 0 Sheryl Schwartz Director 1.0 0.0 X 0 0 0 Lynne G Silbert Director 1.0 0.0 X 0 0 0 David Bruce Smith Director 1.0 0.0 X 0 0 0 Robert Snyder Director 1.0 0.0 X 0 0 0 Ira Lee Sorkin Director 1.0 0.0 X 0 0 0 Eric C Stein Director 1.0 0.0 X 0 0 0 Mary Ann Tuft Director 1.0 0.0 X 0 0 0 Mark Vidergauz Director 1.0 0.0 X 0 0 0 Richard S Ziman Director 1.0 0.0 X 0 0 0 BETH MCCOY chief executive officer 50.0 0.0 X 619720 0 73190 ELISSA FISHMAN CHIEF FINANCIAL OFFICER 50.0 0.0 X 303425 0 41744 MONICA LOEBL NAT'L DIRECTOR OF DEVELOPMENT 50.0 0.0 X 319216 0 36095 SUZANNE PONSOT EXECutive DIRECTOR - NY reg. 40.0 0.0 X 305391 0 43072 SHERI KAUFER executive dir.- Western region 40.0 0.0 X 270277 0 47099 EILEEN HUME CHIEF MARKETING OFFICER 40.0 0.0 X 259228 0 56360 DANIEL RUTBERG CHIEF OPERATIONS OFFICER 40.0 0.0 X 231475 0 33582 GLENNYS HUHN CHIEF HUMAN RESOURCES OFFICER 40.0 0.0 X 234528 0 17833 2543260 0 348975 25 false true false Oberland Inc 254 Canal Street Suite 5000 NEW YORK NY 10013 Marketing & Advert. 952030 ONLINE COMPUTERS AND COMMUNICATIONS 110 SOUTH JEFFERSON ROAD SUITE 200 WHIPPANY NJ 07981 IT CONSULTING 338558 DONOR POINTBKVDRUM 3390 PEACHTREE ROAD NE 10TH FLOOR ATLANTA GA 30326 DIGITAL MARKETING 309016 GRANT THORNTON LLP 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 10017 AUDITING & TAX 189210 DUKAS LINDEN PUBLIC RELATIONS INC 100 W 26th St NEW YORK NY 10001 Marketing 105692 5 893828 397000 58020147 2207910 59310975 REGISTRATION FEES 900099 273447 273447 273447 12539780 12539780 0 85786 85786 38905 38905 0 38905 38905 12050584 12050584 12050584 12050584 280369 893828 1072639 -792270 -792270 0 0 0 0 0 0 0 83507207 273447 23922785 78987 78987 0 53526574 53526574 0 1430729 247721 544924 638084 0 5950925 1123768 1204658 3622499 334236 56617 79564 198055 968545 162074 276093 530378 471793 87125 110356 274312 0 72228 3777 48337 20114 209579 209579 0 286500 286500 380144 380144 694915 72523 292057 330335 412369 50797 361572 341800 64237 96341 181222 202329 2051 193467 6811 0 905883 153453 236425 516005 333434 78304 50398 204732 0 122514 27691 29691 65132 0 0 37363 3600 22135 11628 96694 17456 22105 57133 EVENTS 494530 494530 PRINTING AND LETTERSHOP 361995 96246 956 264793 DIRECT MAIL 244215 244215 OTHER EXPENSES 96599 2831 82940 10828 68054880 56350362 3880170 7824348 3636877 2754473 23767198 31242227 21914046 27352183 0 0 0 0 0 0 0 0 0 0 0 0 5062771 2118831 2933245 2943940 522417643 513937513 79126869 82512093 0 0 0 0 60416093 60256474 714211971 720998903 2162021 2428888 23173813 22326340 0 0 0 0 0 0 0 0 0 0 0 0 17826315 17398921 43162149 42154149 X 8994286 13671397 288788722 276347845 373266814 388825512 671049822 678844754 714211971 720998903 X 15452327 -7817366 159971 X false true X true false X 37166347 44487791 47972620 45114274 59310975 234052007 0 0 37166347 44487791 47972620 45114274 59310975 234052007 44946121 189105886 12179623 11964032 11476186 12124500 12664471 60408812 3297 0 0 11442 14739 350805 230980 295240 289017 280369 1446411 295921969 1782851 0.63904 0.63559 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 15000 296151 true true 609143086 13055324 10976030 23396817 609777623 578293415 7574443 45499604 22224376 609143086 520684239 11828917 65505803 19725544 578293415 479000447 7932644 54551329 20800181 520684239 511810897 5905147 -17146534 20732668 836395 479000447 0.88100 0.11900 true false 2344800 2344800 520216 520216 1268871 1251646 17225 263645 202846 60799 315240 314340 900 2943940 STATE OF ISRAEL BONDS 649240 F PRIVATE EQUITY 12508788 F VENTURE CAPITAL 8915111 F HEDGE FUNDS 60438954 F 82512093 TRUST & SPLIT INT AGREEMENTS 57880681 INT RECEIVABLE & OTHER ASSETS 1523807 OTHER LONG-TERM ASSETS 751677 DUE FROM AFHU CH. COMMON FUND 100309 60256474 0 SPLIT INTEREST AGREEMENT 16688163 POST RETIREMENT BENEFIT OBLIGA 710758 17398921 X 75988490 -7817367 159971 -7657396 83645886 380144 -518823 -138679 83507207 68193559 518823 518823 67674736 380144 380144 68054880 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 $301,613 GIFTS TO HU/AFHU ($15,000) -------------------------------------------------------- AGGREGATED GRANTS REPORTED ON PART I, LINE 3 ($15,000) UNREALIZED GAINS/(LOSS) ($10,376) INCOME AND DIVIDENDS $19,914 ------------------------------------------------------- TOTAL CHANGES ($5,462) END OF YEAR BALANCE $296,151 ENDOWMENTS FUNDS SCHEDULE D, PART V, LINE 4 THE AMERICAN FRIENDS OF HEBREW UNIVERSITY HOLDS AN ENDOWMENT FOR THE PURPOSE OF GENERATING INCOME THAT WILL ULTIMATELY BE USED TO SUPPORT THE HEBREW UNIVERSITY'S EDUCATIONAL MISSION. 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 GUIDANCE 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 ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT THE REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. 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. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. CONSOLIDATED FINANCIAL STATEMENTS SCHEDULE D, PART XI & XII 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 ("CCF"). CCF FILES ITS OWN STANDALONE FORM 990-PF AND, ACCORDINGLY, ITS ACTIVITIES ARE NOT INCLUDED IN THE SCHEDULE D RECONCILIATION. THE RECONCILIATIONS IN PART XI & XII RECONCILE BACK TO AFHU'S STANDALONE ACTIVITY IN THE AUDITED FINANCIAL STATEMENTS. reconciliation of revenue SCHEDULE D, PART XI LINE 2D, OTHER REVENUE ON BOOKS NOT ON RETURN: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT $ 131,305 CHANGE IN ASSETS OF TRUSTS AND OTHER SPLIT-INTEREST AGREEMENTS $ (13,476) Pension related expenses other than net periodic pension cost $ 42,142 ---------- TOTAL LINE 2D $ 159,971 ---------- SCHEDULE D, PART XI, LINE 4B, OTHER REVENUE ON RETURN NOT ON BOOKS: FUNDRAISING EXPENSE - EVENTS $(792,270) REGISTRATION FEES RECLASSED FROM EVENTS $ 273,447 ---------- TOTAL LINE 4B $(518,823) ---------- Reconciliation of Expenses SCHEDULE D, PART XII, LINE 2D, OTHER EXPENSES ON BOOKS NOT ON RETURN: FUNDRAISING EXPENSE - EVENTS $ 792,270 REGISTRATION FEES RECLASSED FROM EVENTS $(273,447) ---------- TOTAL LINE 2(D) $ 306,913 ---------- true Middle East and North Africa Grantmaking 53526574 Central America and the Caribbean Investments 47293779 Middle East and North Africa Investments 1950339 102770692 102770692 Middle East and North Africa General 53425354 wire Middle East and North Africa GENERAL 60838 check Middle East and North Africa Research 40382 wire 3 true false true true 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 THE AMERICAN FRIENDS OF HEBREW UNIVERSITY (AFHU) INVESTS DIRECTLY IN VARIOUS ALTERNATIVE INVESTMENTS THAT MAY BE ORGANIZED AS EITHER FOREIGN CORPORATIONS OR FOREIGN PARTNERSHIPS; IT, LIKEWISE, INVESTS IN DOMESTIC LIMITED PARTNERSHIPS THAT MAY, IN TURN, INVEST IN FOREIGN CORPORATIONS OR PARTNERSHIPS. NEVERTHELESS, AFHU'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR THE FILING OF FORMS 926, 5471, 8621, OR 8865. TO THE EXTENT THAT AFHU IS REQUIRED TO COMPLETE ONE (OR MORE) OF THESE FOREIGN FORMS, IT IS FILED WITH AFHU'S FORM 990-T FILING. X X X X X X X true Neal P Myerberg 179 Shore road old greenwich CT 06870 Planned Giving false 811500 130500 681000 Donor Point MarketingBKV 3390 Peachtree Road NE 10th floor atlanta GA 30326 Direct Mail Services false 302803 156000 146803 1114303 286500 827803 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI Bel Air Affair 397450 342100 55350 73316 118 78125 181691 Boca Gala 288750 218800 69950 81200 31452 83240 84805 8 487997 332928 155069 62123 228181 17786 150602 1174197 893828 280369 216639 259751 179151 417098 1072639 -792270 true BOSTON UNIVERSITY SCHOOL OF MEDICINE 715 ALBANY STREET BOSTON MA 02118 942539545 501(c)(3) 36853 STUDENT EXCHANGE PROGRAM BETWEEN HADASSAH & BOSTON UNIVERSITY Hadassah medical organization 50 west 58th street new york NY 10019 132563745 501(c)(3) 27311 prosthesis American Technion Society 55 E 59th St 14th Fl New York NY 10022 130434195 501(c)(3) 14823 Scholarship 3 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 THAT UNDERTAKE PROGRAMMATIC ACTIVITIES SUPPORTING AFHU, NO ADDITIONAL MONITORING PROCEDURES ARE IN PLACE. X false true X X X X false true false false false false false true false BETH MCCOY chief executive officer 532143 0 65000 0 22577 0 40417 0 32773 0 692910 0 0 0 ELISSA FISHMAN CHIEF FINANCIAL OFFICER 278425 0 25000 0 0 0 12375 0 29369 0 345169 0 0 0 MONICA LOEBL NAT'L DIRECTOR OF DEVELOPMENT 294216 0 25000 0 0 0 24750 0 11345 0 355311 0 0 0 SUZANNE PONSOT EXECutive DIRECTOR - NY reg. 295391 0 10000 0 0 0 12375 0 30697 0 348463 0 0 0 SHERI KAUFER executive dir.- Western region 247777 0 22500 0 0 0 22708 0 24391 0 317376 0 0 0 EILEEN HUME CHIEF MARKETING OFFICER 239228 0 20000 0 0 0 11328 0 45032 0 315588 0 0 0 DANIEL RUTBERG CHIEF OPERATIONS OFFICER 231475 0 0 0 0 0 8920 0 24662 0 265057 0 0 0 GLENNYS HUHN CHIEF HUMAN RESOURCES OFFICER 214528 0 20000 0 0 0 14296 0 3537 0 252361 0 0 0 FORM 990, SCHEDULE J, PART I, lINE 1 THE chief executive officer, BETH MCCOY, RECEIVED A TAX GROSS-UP IN CALENDAR YEAR 2018. THE AMOUNT IS INCLUDED ON HER FORM W-2 AND DISCLOSED ON THIS RETURN AS OTHER REPORTABLE COMPENSATION. form 990, schedule J, part I, Line 4(b) American Friends of Hebrew University ("AFHU") implemented a Section 457(f) plan in fiscal year 2018. Chief Executive Officer, Beth McCoy, participates in the Section 457(f) plan and received an employer-funded contribution of $15,667 in calendar year 2018. 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 CALENDAR YEAR 2018. ALL BONUS/SALARY RECOMMENDATIONS FOR SENIOR STAFF MEMBERS ARE RECOMMENDED BY THE chief executive officer 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 chief executive officer AND MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE ABOVE-MENTIONED 3 BOARD MEMBERS AND AN ADDITIONAL 17 BOARD MEMBERS. THE EXECUTIVE 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, AND PROVIDES MINUTES OF THE MEETING. Michael Kurtz Board Member 28397 Investment Management Fees false SCHEDULE L, PART VI AFHU holds an investment in Betavisor, LLC, with an approximate FMV of $10,549,046, which is under the control of a family member of Board Member, Michael Kurtz. AFHU paid the firm $28,397 in investment management fees in the fiscal year ending September 30, 2019. X 31 2127410 cost or sale price X state of Israel Bonds 4 80500 cost or sale price false true true FORM 990, SCHEDULE M, LINE 32(A) TO THE EXTENT THAT AFHU RECEIVES NONCASH CONTRIBUTIONS OF MARKETABLE SECURITIES, THE ORGANIZATION'S INVESTMENT CUSTODIAN IS TASKED WITH DISPOSING OF THOSE SECURITIES. FAMILY RELATIONSHIP DISCLOSURE FORM 990, PART VI, SECTION A, LINE 2 Roberta Bogen, director 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. 990 REVIEW PROCESS FORM 990, PART VI, LINE 11 THE ORGANIZATION'S FORM 990 WAS PREPARED BY A NATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE DEPARTMENT. IN APRIL OF 2018, THE ORGANIZATIONS OUTSIDE ACCOUNTING FIRM PRESENTED THE FORM 990 TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS TO ENABLE THEM TO FULFILL THEIR DUE DILIGENCE AND OVERSIGHT RESPONSIBILITIES. ONCE APPROVED FOR FILING BY THE AUDIT COMMITTEE, THE FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. CONFLICT OF INTEREST POLICY MONITORING AND ENFORCEMENT 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. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINE 15 ALL BONUS/SALARY RECOMMENDATIONS FOR THE chief executive officer ARE DETERMINED BY THE COMPENSATION COMMITTEE WHICH IS COMPRISED OF THE PRESIDENT, TREASURER AND CHAIRMAN OF THE BOARD. THE COMPENSATION COMMITTEE THEN MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE FOR APPROVAL. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE ABOVE-MENTIONED 3 BOARD MEMBERS AND AN ADDITIONAL 17 BOARD MEMBERS. THE FINAL APPROVAL RESTS WITH THE EXECUTIVE COMMITTEE. ALL BONUS/SALARY RECOMMENDATIONS FOR ALL OTHER OFFICERS AND KEY EMPLOYEES ARE MADE BY THE chief executive officer TO THE COMPENSATION COMMITTEE, WHO ULTIMATELY MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE. THE FINAL APPROVAL RESTS WITH THE EXECUTIVE COMMITTEE. DISCLOSURE OF DOCUMENTS 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, part Vii - board relationships AFHU HOLDS MARKETABLE SECURITIES WITH AN APPROXIMATE VALUE OF $2,274,000 IN A NON-POOLED ENDOWMENT FUND WHICH IS UNDER THE CONTROL OF THE DONOR AND BOARD MEMBER STANLEY BOGEN. AFHU does not pay any investment management fees to Mr. Bogen's investment firm; accordingly this transaction does not need to be disclosed on Form 990, Schedule L. In the interests of full disclosure, AFHU is reporting this relationship on its Form 990. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 CHANGES IN VALUE OF SPLIT-INTEREST AGREEMENTS $ 131,305 CHANGES IN ASSETS OF TRUSTS AND OTHER SPLIT-INTEREST AGREEMENTS HELD BY OTHERS $ (13,476) Pension related expenses other than net periodic pension cost $ 42,142 ----------- TOTAL $ 159,971 ----------- AFHU CHARITABLE COMMON FUND one battery park plaza new york NY 10004 133525587 Donor Advised NY 501(c)(3) private fdn afhu true HEBREW UNIVERSITY OF JERUSALEM Mt Scopus Campus JERUSALEM IS 91905 237285905 EDUCATION IS 501(c)(3) school NA false Charitable Remainder Annuity trust (6) Investment AFHU 1.00000 true Charitable Remainder Unitrust (13) Investment AFHU 1.00000 true false true true false false false false false false false false true false true true true false false false AFHU CHARITABLE COMMON FUND C 397000 FMV