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AMERICA-ISRAEL CULTURAL FOUNDATION INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
AMERICA-ISRAEL CULTURAL FOUNDATION INC (EIN 13-1664048)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-10
IRS object ID
201503149349302220
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-11-10T10:14:05-08:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Scheer & Associates CPAs LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1180 S Broadway Ste 100AddressLine1Txt
CityWhite PlainsCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10605ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131664048EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICA-ISRAEL CULTURAL FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone2125571600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11140 BROADWAYAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM SCHWARTZPersonNm
Person TitlePresidentPersonTitleTxt
Signature2015-11-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL S GUARNIERI CPAPreparerPersonNm
PTINP00635129PTIN
Phone9144379400PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$6,950,567GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.aicf.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1939FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionThe mission of the America-Israel Cultural Foundation (AICF) is to support and develop artistic life in Israel by awarding scholarships and grants.ActivityOrMissionDesc
Voting Members Governing Body25VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$2,144,413PYContributionsGrantsAmt
CY Contributions Grants$5,412,084CYContributionsGrantsAmt
PY Program Service Revenue$26,314PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$211,453PYInvestmentIncomeAmt
CY Investment Income$132,448CYInvestmentIncomeAmt
PY Other Revenue$28,366PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,410,546PYTotalRevenueAmt
CY Total Revenue$5,544,532CYTotalRevenueAmt
PY Grants And Similar Paid$1,006,775PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$840,636CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$495,429PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$392,930CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$173,350CYTotalFundraisingExpenseAmt
PY Other Expenses$1,133,985PYOtherExpensesAmt
CY Other Expenses$4,216,780CYOtherExpensesAmt
PY Total Expenses$2,636,189PYTotalExpensesAmt
CY Total Expenses$5,450,346CYTotalExpensesAmt
PY Revenues Less Expenses-$225,643PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$94,186CYRevenuesLessExpensesAmt
Total Assets BOY$6,603,814TotalAssetsBOYAmt
Total Assets EOY$6,757,757TotalAssetsEOYAmt
Total Liabilities BOY$579,164TotalLiabilitiesBOYAmt
Total Liabilities EOY$333,281TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,024,650NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,424,476NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe mission of the America-Israel Cultural Foundation (AICF) is to support and develop artistic life in Israel by awarding scholarships and grants.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,725,671ExpenseAmt
DescOther grants and special projects-Promotion of Israeli culture internationally and support of the early careers of young artist.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$682,375ExpenseAmt
Grant$573,551GrantAmt
DescScholarships 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.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$453,734ExpenseAmt
Grant$453,734GrantAmt
DescCultural Enrichment Grants and Special Projects-Professional development, mentorship and guidance of various cultural institutions and individual artists who best represent Israeli culture internationallyDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$104,969TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$104,969TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$4,966,749TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document28IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee7EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Org Filed In Lieu Of Form1041falseOrgFiledInLieuOfForm1041Ind
Licensed More Than One StatefalseLicensedMoreThanOneStateInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members25GoverningBodyVotingMembersCnt
Independent Voting Member26IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJODI SANDLERPersonNm
Phone2125571600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11140 BROADWAY SUITE 304AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10001ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeInd
WILLIAM SCHWARTZ
President20.000.00Yes (X)Yes (X)$0$0$0
SANFORD BATKIN
BOARD MEMBER5.000.00Yes (X)$0$0$0
LINDA SCHONFELD
Secretary5.000.00Yes (X)$0$0$0
JOSEPH HOLLANDER
Treasurer10.000.00Yes (X)Yes (X)$0$0$0
JONATHAN GOLDBERG
ASST SECRETARY10.000.00Yes (X)Yes (X)$0$0$0
STEPHANIE FELDMAN
ASST TREASURER5.000.00Yes (X)Yes (X)$0$0$0
DIANE BELFER
BOARD MEMBER5.000.00Yes (X)$0$0$0
ANN BIALKIN
BOARD MEMBER5.000.00Yes (X)$0$0$0
RENEE CHERNIAK
CHAPTER PRESIDE5.000.00Yes (X)$0$0$0
KAREN BELFER
BOARD MEMBER5.000.00Yes (X)$0$0$0
DEBBY EDELSOHN
CHAPTER PRESIDE5.000.00Yes (X)$0$0$0
MARTIN KARLINSKY
BOARD MEMBER5.000.00Yes (X)$0$0$0
CHARLOTTE HATTENBACH
CHAPTER PRESIDE5.000.00Yes (X)$0$0$0
ORA HOLIN
BOARD MEMBER5.000.00Yes (X)$0$0$0
BOB IMMERMAN
BOARD MEMBER5.000.00Yes (X)$0$0$0
JANE STERN LEBELL
BOARD MEMBER5.000.00Yes (X)$0$0$0
BRADLY LUBIN
BOARD MEMBER5.000.00Yes (X)$0$0$0
ANDY BELFER
BOARD MEMBER5.000.00Yes (X)$0$0$0
MARGUERITE PERKINS-MAUTNER
CHAPTER PRESIDE5.000.00Yes (X)$0$0$0
HELEN SAX POTAZNIK
BOARD MEMBER5.000.00Yes (X)$0$0$0
SANDRA ROTHMAN
BOARD MEMBER5.000.00Yes (X)$0$0$0
TAMAR RUDICH
BOARD MEMBER5.000.00Yes (X)$0$0$0
BARBARA SAMUELSON
Vice President5.000.00Yes (X)Yes (X)$0$0$0
HARVEY ROTHENBERG
BOARD MEMBER5.000.00Yes (X)$0$0$0
CAROL STARLEY
CHAPTER PRESIDE10.000.00Yes (X)$0$0$0
DAVID HOMAN
EXECUTIVE DIRECTOR50.000.00$147,528$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$147,528TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$13,114FundraisingAmt
All Other Contributions$5,398,970AllOtherContributionsAmt
Noncash Contributions$2,925,000NoncashContributionsAmt
Total Contributions$5,412,084TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescREGISTRATION FEESDesc
FieldValueIRS element (for citing)
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$115,221TotalRevenueColumnAmt
Exclusion$115,221ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,285,833SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,268,606SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$17,227SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,227TotalRevenueColumnAmt
Related Or Exempt Func Income$17,227RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$137,429FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$13,114ContriRptFundraisingEventAmt
Fundraising Direct Expenses$137,429FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,544,532TotalRevenueColumnAmt
Related Or Exempt Func Income$17,227RelatedOrExemptFuncIncomeAmt
Exclusion$115,221ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$840,636TotalAmt
Program Services$840,636ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$147,528TotalAmt
Program Services$88,517ProgramServicesAmt
Management And General$22,129ManagementAndGeneralAmt
Fundraising$36,882FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$181,632TotalAmt
Program Services$125,437ProgramServicesAmt
Management And General$27,245ManagementAndGeneralAmt
Fundraising$28,950FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$37,271TotalAmt
Program Services$24,226ProgramServicesAmt
Management And General$5,591ManagementAndGeneralAmt
Fundraising$7,454FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$26,499TotalAmt
Program Services$17,224ProgramServicesAmt
Management And General$3,975ManagementAndGeneralAmt
Fundraising$5,300FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,182TotalAmt
Program Services$1,710ProgramServicesAmt
Management And General$2,850ManagementAndGeneralAmt
Fundraising$622FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$64,694TotalAmt
Program Services$21,349ProgramServicesAmt
Management And General$35,582ManagementAndGeneralAmt
Fundraising$7,763FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$14,957TotalAmt
Program Services$4,936ProgramServicesAmt
Management And General$8,226ManagementAndGeneralAmt
Fundraising$1,795FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$19,205TotalAmt
Program Services$6,339ProgramServicesAmt
Management And General$10,563ManagementAndGeneralAmt
Fundraising$2,303FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$18,986TotalAmt
Program Services$9,493ProgramServicesAmt
Fundraising$9,493FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$22,279TotalAmt
Program Services$14,481ProgramServicesAmt
Management And General$3,342ManagementAndGeneralAmt
Fundraising$4,456FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$15,451TotalAmt
Program Services$10,043ProgramServicesAmt
Management And General$2,318ManagementAndGeneralAmt
Fundraising$3,090FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$50,593TotalAmt
Program Services$32,885ProgramServicesAmt
Management And General$7,589ManagementAndGeneralAmt
Fundraising$10,119FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$23,248TotalAmt
Program Services$15,111ProgramServicesAmt
Management And General$3,487ManagementAndGeneralAmt
Fundraising$4,650FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$17,119TotalAmt
Program Services$11,127ProgramServicesAmt
Management And General$2,568ManagementAndGeneralAmt
Fundraising$3,424FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$19,606TotalAmt
Program Services$12,744ProgramServicesAmt
Management And General$2,941ManagementAndGeneralAmt
Fundraising$3,921FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DONATIONS OF ARTWORK$2,925,000$2,925,000
APPROPRIATIONS FOR PROJECTS$985,177$784,338$164,323$36,516
Postage and Shipping$9,699$6,304$1,455$1,940
OTHER EXPENSES$8,553$5,559$1,283$1,711

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$17,031TotalAmt
Program Services$9,290ProgramServicesAmt
Management And General$4,780ManagementAndGeneralAmt
Fundraising$2,961FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,450,346TotalAmt
Program Services$4,966,749ProgramServicesAmt
Management And General$310,247ManagementAndGeneralAmt
Fundraising$173,350FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,700BOYAmt
EOY$19,980EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,169,223BOYAmt
EOY$1,122,677EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$475,242BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$71,678BOYAmt
EOY$46,517EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$224,398LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$148,890LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$93,390BOYAmt
EOY$75,508EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,878,467BOYAmt
EOY$4,578,961EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$914,114BOYAmt
EOY$914,114EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,603,814BOYAmt
EOY$6,757,757EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$46,178BOYAmt
EOY$69,678EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$373,527BOYAmt
EOY$111,954EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$159,459BOYAmt
EOY$151,649EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$579,164BOYAmt
EOY$333,281EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,946,016BOYAmt
EOY$2,708,209EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$775,994BOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,302,640BOYAmt
EOY$3,716,267EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,024,650BOYAmt
EOY$6,424,476EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,603,814BOYAmt
EOY$6,757,757EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$94,186ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$305,640NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,233,016CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,454,424CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,115,907CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,144,413CurrentTaxYearMinus1YearAmt
Current Tax Year$5,412,084CurrentTaxYearAmt
Total$17,359,844TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,233,016CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,454,424CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,115,907CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,144,413CurrentTaxYearMinus1YearAmt
Current Tax Year$5,412,084CurrentTaxYearAmt
Total$17,359,844TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$17,359,844PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,101CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,778CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$25,571CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$211,453CurrentTaxYearMinus1YearAmt
Current Tax Year$132,448CurrentTaxYearAmt
Total$391,351TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$5,573CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$28,366CurrentTaxYearMinus1YearAmt
Total$33,939TotalAmt
FieldValueIRS element (for citing)
Total Support$17,785,134TotalSupportAmt
Public Support CY1700.97610PublicSupportCY170Pct
Public Support PY1700.91290PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$83,036OtherCostOrOtherBasisAmt
Depreciation$72,692DepreciationAmt
Book Value$10,344BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$141,362OtherCostOrOtherBasisAmt
Depreciation$76,198DepreciationAmt
Book Value$65,164BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$75,508TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescDONATED MUSICAL INSTRUMENTSDesc
Book Value$914,114BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$914,114TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescSEVERANCE PAYABLEDesc
Amt$151,649Amt
FieldValueIRS element (for citing)
Total Liability$151,649TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,850,172TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$305,640NetUnrealizedGainsInvstAmt
Revenue Not Reported$305,640RevenueNotReportedAmt
Revenue Subtotal$5,544,532RevenueSubtotalAmt
Total Revenue Per Form990$5,544,532TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,450,346TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$5,450,346ExpensesSubtotalAmt
Total Expenses Per Form990$5,450,346TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 FootnoteThe 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.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionMIDDLE EASTRegionTxt
Offices1OfficesCnt
Employee5EmployeeCnt
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConductedTxt
Specific Services ProvidedSCHOLARSHIP & GRANTSSpecificServicesProvidedTxt
Region Total Expenditures$1,344,641RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees5SubtotalEmployeesCnt
Total Office1TotalOfficeCnt
Total Employee5TotalEmployeeCnt
Subtotal Spent$1,344,641SubtotalSpentAmt
Total Spent$1,344,641TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionMIDDLE EASTRegionTxt
Purpose Of GrantSCHOLARSHIPSPurposeOfGrantTxt
Cash Grant$267,085CashGrantAmt
FieldValueIRS element (for citing)
Total Other Org1TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceSCHOLARSHIPSTypeOfAssistanceTxt
RegionMIDDLE EASTRegionTxt
Recipient588RecipientCnt
Cash Grant$573,551CashGrantAmt
Manner Of Cash DisbursementCHECKSMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside USFormAndLineReferenceDesc
ExplanationEach 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)ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyfalseAgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$150,543GrossReceiptsEvent1Amt
Charitable Contri Event1$13,114CharitableContriEvent1Amt
Gross Revenue Event1$137,429GrossRevenueEvent1Amt
Rent Facility Costs Event1$70,018RentFacilityCostsEvent1Amt
Food And Beverage Event1$11,235FoodAndBeverageEvent1Amt
Entertainment Event1$10,150EntertainmentEvent1Amt
Other Direct Expenses Event1$46,026OtherDirectExpensesEvent1Amt
Gross Receipts Total$150,543GrossReceiptsTotalAmt
Charitable Contributions Tot$13,114CharitableContributionsTotAmt
Gross Revenue Total Events$137,429GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$70,018RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$11,235FoodAndBeverageTotalEventsAmt
Entertainment Total Events$10,150EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$46,026OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$137,429DirectExpenseSummaryEventsAmt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$2,925,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesAPPRAISALMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4d: Other Program Services DescriptionOTHER 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 ProcessFINANCE 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 ConflictsBOARD 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 ManagementTHE EXECUTIVE DIRECTOR'S COMPENSATION is reviewed by the Executive and Finance Committees for approval
Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableGOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION IS PROVIDED UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ADVISORY counsil of the aicfBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1TEL AVIVAddressLine1Txt
CityJERUSALEMCityNm
CountryISCountryCd
FieldValueIRS element (for citing)
Primary ActivitiesGRANTSPrimaryActivitiesTxt
Legal Domicile Foreign CountryISLegalDomicileForeignCountryCd
Exempt Code SectionCHARITYExemptCodeSectionTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd