2019-11-15T10:02:32-08:00 2018-12-31 113504904 SCHEER GUARNIERI & ASSOCIATES CPAs LLP 180 S Broadway Ste 100 White Plains NY 10605 990 2018-01-01 131664048 AMERICA-ISRAEL CULTURAL FOUNDATION INC AMER 2125571600 322 8TH AVENUE NEW YORK NY 10001 JOSHUA-MARC TANENBAUM President 2019-11-15 true MICHAEL S GUARNIERI CPA P00635129 9144379400 2018 2020-04-17 16:48:07Z X 322 8TH AVENUE 1702 NEW YORK NY 10001 7900680 false false X www.aicf.org X 1939 NY The mission of the America-Israel Cultural Foundation (AICF) is to support and develop artistic life in Israel by awarding scholarships and grants. 23 23 4 0 1785046 3314589 0 218115 225253 125723 0 2128884 3539842 623425 654420 0 394399 744423 0 282099 1848461 1154445 2866285 2553288 -737401 986554 6060737 6364785 374008 138102 5686729 6226683 X The mission of the America-Israel Cultural Foundation (AICF) is to support and develop artistic life in Israel by awarding scholarships and grants. false false 1029776 654420 Scholarships Programs- A wide ranged program granting scholarships in all categories of the arts, mainly for study in Israel and a few for study abroad, including the US. 639340 558924 Cultural Enrichment Grants and Special Projects-Professional development, mentorship and guidance of various cultural institutions and individual artists who best represent Israeli culture internationally 224261 Other grants and special projects-Promotion of Israeli culture internationally and support of the early careers of young artist. 1893377 true true false false false false false false false true true false false true false true true false false true true true true false true false false false false true false false false false false false false false false false false false false false false false true false false false true 15 0 true 4 true false false false false false false false false 0 false false false false false false false false false false false false X 23 23 false false false false false false false true true false true true true true true true true true true false false X X JODI SANDLER 2125571600 1140 BROADWAY SUITE 304 NEW YORK NY 10001 X WILLIAM SCHWARTZ Chairman 10.00 0.00 X X 0 0 0 SANFORD BATKIN BOARD MEMBER 5.00 0.00 X 0 0 0 LINDA SCHONFELD BOARD MEMBER 10.00 0.00 X 0 0 0 JOSEPH HOLLANDER President 10.00 0.00 X X 0 0 0 JULIE JACOBS Treasurer 10.00 0.00 X X 0 0 0 STEPHANIE FELDMAN BOARD MEMBER 5.00 0.00 X X 0 0 0 SCOTT MORTMAN ISRAEL CHAIR 5.00 0.00 X X 0 0 0 ANN BIALKIN BOARD MEMBER 5.00 0.00 X 0 0 0 JUDITH KLEBANOW Secretary 5.00 0.00 X X 0 0 0 MATTHEW AZRIELI BOARD MEMBER 5.00 0.00 X 0 0 0 KRISTINA REIKO COOPER Vice President 5.00 0.00 X X 0 0 0 MARTIN KARLINSKY board member 5.00 0.00 X X 0 0 0 LYNN BARTNER WIESEL exexutive offic 5.00 0.00 X X 0 0 0 ALEXANDER BAU BOARD MEMBER 5.00 0.00 X 0 0 0 RISA PERLMUTTER GOLDSTEIN BOARD MEMBER 5.00 0.00 X 0 0 0 JANE STERN LEBELL BOARD MEMBER 5.00 0.00 X 0 0 0 JAMES GOULD BOARD MEMBER 5.00 0.00 X 0 0 0 HELEN SAX POTAZNIK BOARD MEMBER 5.00 0.00 X 0 0 0 BARBARA SAMUELSON board member 5.00 0.00 X 0 0 0 CAROL STARLEY CHAPTER PRESIDE 5.00 0.00 X 0 0 0 ERIC REINER BOARD MEMBER 5.00 0.00 X 0 0 0 SHIRA STERN BOARD MEMBER 5.00 0.00 X 0 0 0 JOSHUA-MARC TANENBAUM President 5.00 0.00 X 0 0 0 DAVID HOMAN EXECUTIVE DIRECTOR 50.00 0.00 X 171391 0 0 171391 1 false true false 0 39377 3275212 3314589 0 113406 113406 0 0 0 4353046 4241199 111847 111847 111847 119639 39377 119639 0 0 0 0 3539842 111847 113406 0 0 654420 654420 0 171391 111404 25709 34278 0 492176 319915 73826 98435 0 60901 39586 9135 12180 19955 12971 2993 3991 0 25558 8434 14057 3067 55813 18418 30697 6698 0 0 0 101630 48159 43894 9577 47628 23814 23814 49348 32076 7402 9870 5566 3618 835 1113 0 122180 79417 18327 24436 68780 44707 10317 13756 0 0 0 0 18131 11785 2720 3626 18231 11850 2735 3646 APPROPRIATIONS FOR PROJECTS 607541 454104 125579 27858 TELECOMMUNICATIONS 14449 9392 2167 2890 Postage and Shipping 9194 5976 1379 1839 INVESTMENT FEES 5271 5271 5125 3331 769 1025 2553288 1893377 377812 282099 170356 538278 478237 915031 2500 815190 0 0 0 0 0 47287 48643 242290 111891 86810 130399 4361433 3003130 0 0 0 914114 914114 6060737 6364785 157131 22809 212898 115293 3979 374008 138102 X 1841722 2284870 40000 136806 3805007 3805007 5686729 6226683 6060737 6364785 986554 -446600 X false true X true false X 5412084 1920535 1218253 1785046 2740167 13076085 0 0 5412084 1920535 1218253 1785046 2740167 13076085 0 13076085 132448 395178 163386 218115 225253 1134380 0 125723 125723 14336188 0.91210 0.90730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3805007 225253 225253 3805007 3744267 60740 218115 215115 3805007 3744267 163386 163386 3744267 3716267 28000 395178 395178 3744267 2702640 1013627 132448 132448 3716267 false false false 34406 1280 33126 67114 53130 13984 140770 57481 83289 130399 DONATED MUSICAL INSTRUMENTS 914114 914114 X 3093242 -446600 -446600 3539842 3539842 2553288 2553288 2553288 Part V, Line 4: Intended uses of the endowment fund. To further the mission of the America-Israel Cultural Foundation, inc. by awarding scholarships and grants from the investment earnings of the endowments Part X : FIN48 Footnote The Foundation follows the provisions of the Financial Accounting Standards Board's Accounting Standards Codification ("ASC") 740-10-05 relating to accounting and reporting for uncertainty in income taxes. Because of the Foundation's general tax exempt status, ASC 740-10-05 has not had, and is not expected to have, a material impact on the Foundation's financial statements. true MIDDLE EAST 1 5 PROGRAM SERVICES SCHOLARSHIP & GRANTS 0 1 5 1 5 SCHOLARSHIPS 1 SCHOLARSHIPS MIDDLE EAST 385 654420 CHECKS false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US Each year the Israel Office must submit a budget detailing the amount of grants that they would like to award for the upcoming year. The Board of Directors will accept, reject or modify the budget. The NY Office receives quarterly reports on how much is actually granted. All students must submit authentification of study (Letter or transcript from the school) X X X X X X false GALA 159016 39377 119639 79864 7613 1500 30662 159016 39377 119639 79864 7613 1500 30662 119639 false false false false false false false false false false DAVID HOMAN EXECUTIVE DIRECTOR 171391 171391 Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: Other grants and special projects-Promotion of Israeli culture internationally and support of the early careers of young artist. Form 990, Part VI, Line 11b: Form 990 Review Process FINANCE COMMITTEE MEETS WITH ACCOUNTING FIRM AND DIRECTOR OF FINANCE PRIOR TO FILING FORM 990. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts BOARD MEMBERS AND OFFICERS ARE REQUIRED ON AN ONGOING BASIS TO DECLARE ANY CONFLICT OF INTEREST AND THEY MUST BE REPORTED IN THE BOARD MINUTES Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE EXECUTIVE DIRECTOR'S COMPENSATION is reviewed by the Executive and Finance Committees for approval Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION IS PROVIDED UPON REQUEST. AMERICA ISRAEL CULTURAL FOUNDATION RA TEL AVIV JERUSALEM IS GRANTS IS CHARITY NA false false false false false false false false false false false false false false false false true false false false AMERICA ISRAEL CULTURAL FOUNDATION RA p 700000 WIRE TRANSFER