2015-11-10T10:14:05-08:00 2014-12-31 Scheer & Associates CPAs LLP 180 S Broadway Ste 100 White Plains NY 10605 990 2014-01-01 131664048 AMERICA-ISRAEL CULTURAL FOUNDATION INC AMER 2125571600 1140 BROADWAY NEW YORK NY 10001 WILLIAM SCHWARTZ President 2015-11-09 true MICHAEL S GUARNIERI CPA P00635129 9144379400 2014 2016-02-25 16:41:14Z 6950567 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. 25 26 7 0 2144413 5412084 26314 0 211453 132448 28366 0 2410546 5544532 1006775 840636 0 495429 392930 0 173350 1133985 4216780 2636189 5450346 -225643 94186 6603814 6757757 579164 333281 6024650 6424476 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 3725671 Other grants and special projects-Promotion of Israeli culture internationally and support of the early careers of young artist. 682375 573551 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. 453734 453734 Cultural Enrichment Grants and Special Projects-Professional development, mentorship and guidance of various cultural institutions and individual artists who best represent Israeli culture internationally 104969 104969 4966749 true true false false false false false false false false true false false true true true true false false true true true true false true false false false false false false false false false false false false false false false false true true false false false true false false false false true 28 0 true 7 true false false false false false false false false 0 false false false false false false false false false false X 25 26 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 President 20.00 0.00 X X 0 0 0 SANFORD BATKIN BOARD MEMBER 5.00 0.00 X 0 0 0 LINDA SCHONFELD Secretary 5.00 0.00 X 0 0 0 JOSEPH HOLLANDER Treasurer 10.00 0.00 X X 0 0 0 JONATHAN GOLDBERG ASST SECRETARY 10.00 0.00 X X 0 0 0 STEPHANIE FELDMAN ASST TREASURER 5.00 0.00 X X 0 0 0 DIANE BELFER BOARD MEMBER 5.00 0.00 X 0 0 0 ANN BIALKIN BOARD MEMBER 5.00 0.00 X 0 0 0 RENEE CHERNIAK CHAPTER PRESIDE 5.00 0.00 X 0 0 0 KAREN BELFER BOARD MEMBER 5.00 0.00 X 0 0 0 DEBBY EDELSOHN CHAPTER PRESIDE 5.00 0.00 X 0 0 0 MARTIN KARLINSKY BOARD MEMBER 5.00 0.00 X 0 0 0 CHARLOTTE HATTENBACH CHAPTER PRESIDE 5.00 0.00 X 0 0 0 ORA HOLIN BOARD MEMBER 5.00 0.00 X 0 0 0 BOB IMMERMAN BOARD MEMBER 5.00 0.00 X 0 0 0 JANE STERN LEBELL BOARD MEMBER 5.00 0.00 X 0 0 0 BRADLY LUBIN BOARD MEMBER 5.00 0.00 X 0 0 0 ANDY BELFER BOARD MEMBER 5.00 0.00 X 0 0 0 MARGUERITE PERKINS-MAUTNER CHAPTER PRESIDE 5.00 0.00 X 0 0 0 HELEN SAX POTAZNIK BOARD MEMBER 5.00 0.00 X 0 0 0 SANDRA ROTHMAN BOARD MEMBER 5.00 0.00 X 0 0 0 TAMAR RUDICH BOARD MEMBER 5.00 0.00 X 0 0 0 BARBARA SAMUELSON Vice President 5.00 0.00 X X 0 0 0 HARVEY ROTHENBERG BOARD MEMBER 5.00 0.00 X 0 0 0 CAROL STARLEY CHAPTER PRESIDE 10.00 0.00 X 0 0 0 DAVID HOMAN EXECUTIVE DIRECTOR 50.00 0.00 X 147528 0 0 147528 1 false false false 0 13114 5398970 2925000 5412084 REGISTRATION FEES 0 115221 115221 0 0 0 1285833 1268606 17227 17227 17227 137429 13114 137429 0 0 0 0 5544532 17227 115221 0 0 840636 840636 0 147528 88517 22129 36882 0 181632 125437 27245 28950 0 37271 24226 5591 7454 26499 17224 3975 5300 0 5182 1710 2850 622 64694 21349 35582 7763 0 0 14957 4936 8226 1795 19205 6339 10563 2303 18986 9493 9493 22279 14481 3342 4456 15451 10043 2318 3090 0 50593 32885 7589 10119 23248 15111 3487 4650 0 0 0 0 17119 11127 2568 3424 19606 12744 2941 3921 DONATIONS OF ARTWORK 2925000 2925000 APPROPRIATIONS FOR PROJECTS 985177 784338 164323 36516 Postage and Shipping 9699 6304 1455 1940 OTHER EXPENSES 8553 5559 1283 1711 17031 9290 4780 2961 5450346 4966749 310247 173350 1700 19980 2169223 1122677 475242 0 0 0 0 0 0 71678 46517 224398 148890 93390 75508 2878467 4578961 0 0 0 914114 914114 6603814 6757757 46178 69678 373527 111954 159459 151649 579164 333281 X 2946016 2708209 775994 2302640 3716267 6024650 6424476 6603814 6757757 94186 305640 X false true X true false X 5233016 1454424 3115907 2144413 5412084 17359844 0 0 5233016 1454424 3115907 2144413 5412084 17359844 0 17359844 15101 6778 25571 211453 132448 391351 0 5573 28366 33939 17785134 0.97610 0.91290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 83036 72692 10344 141362 76198 65164 75508 DONATED MUSICAL INSTRUMENTS 914114 914114 SEVERANCE PAYABLE 151649 151649 X 5850172 305640 305640 5544532 5544532 5450346 5450346 5450346 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 1344641 1 5 1 5 1344641 1344641 MIDDLE EAST SCHOLARSHIPS 267085 1 SCHOLARSHIPS MIDDLE EAST 588 573551 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 150543 13114 137429 70018 11235 10150 46026 150543 13114 137429 70018 11235 10150 46026 137429 X 1 2925000 APPRAISAL false false false 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. ADVISORY counsil of the aicf TEL AVIV JERUSALEM IS GRANTS IS CHARITY NA false false false false false false false false false false false false false false false false false false false false