2014-10-08T08:05:39-07:00 2013-12-31 Scheer & Associates CPAs LLP 180 S Broadway Ste 100 White Plains NY 10605 990 2013-01-01 131664048 AMERICA-ISRAEL CULTURAL FOUNDATION INC AMER 2125571600 1140 BROADWAY NEW YORK NY 10001 WILLIAM SCHWARTZ President 2014-09-30 true MICHAEL S GUARNIERI CPA P00635129 9144379400 2013 2015-11-30 17:44:51Z 7659654 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. 22 26 4 0 3005252 2144413 26333 26314 27147 211453 5322 28366 3064054 2410546 1010425 1006775 0 328465 495429 0 189897 1188567 1133985 2527457 2636189 536597 -225643 6489741 6603814 305661 579164 6184080 6024650 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 977801 649412 26314 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. 528958 528958 Cultural Enrichment Grants and Special Projects-Professional development, mentorship and guidance of various cultural institutions and individual artists who best represent Israeli culture internationally 482600 Other grants and special projects-Promotion of Israeli culture internationally and support of the early careers of young artist. 122878 122878 2112237 true true false false false false false false false true true false false true true true false true false true true true true false true false false false true true false false false false false false false false false false false false false false false false true false false false false true 28 0 true 4 true false false false false false false false false 0 false false false false false false false false false false X 22 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 0 0 0 SANFORD BATKIN BOARD MEMBER 5.00 0.00 0 0 0 LINDA SCHONFELD Secretary 5.00 0.00 0 0 0 JOSEPH HOLLANDER Treasurer 10.00 0.00 0 0 0 JONATHAN GOLDBERG ASST SECRETARY 10.00 0.00 0 0 0 STEPHANIE FELDMAN ASST TREASURER 5.00 0.00 0 0 0 DIANE BELFER BOARD MEMBER 5.00 0.00 0 0 0 ANN BIALKIN BOARD MEMBER 5.00 0.00 0 0 0 RENEE CHERNIAK CHAPTER PRESIDE 5.00 0.00 0 0 0 DEBBY EDELSOHN CHAPTER PRESIDE 5.00 0.00 0 0 0 CHARLOTTE HATTENBACH CHAPTER PRESIDE 5.00 0.00 0 0 0 ORA HOLIN BOARD MEMBER 5.00 0.00 0 0 0 JANE STERN LEBELL BOARD MEMBER 5.00 0.00 0 0 0 BRADLY LUBIN BOARD MEMBER 5.00 0.00 0 0 0 WENDY MARKS BOARD MEMBER 5.00 0.00 0 0 0 MARGUERITE PERKINS-MAUTNER CHAPTER PRESIDE 5.00 0.00 0 0 0 HELEN SAX POTAZNIK BOARD MEMBER 5.00 0.00 0 0 0 SANDRA ROTHMAN BOARD MEMBER 5.00 0.00 0 0 0 TAMAR RUDICH BOARD MEMBER 5.00 0.00 0 0 0 BARBARA SAMUELSON Vice President 5.00 0.00 0 0 0 HARVEY ROTHENBERG BOARD MEMBER 5.00 0.00 0 0 0 CAROL STARLEY CHAPTER PRESIDE 10.00 0.00 0 0 0 DAVID HOMAN EXECUTIVE DIRECTOR 50.00 0.00 X 150757 0 0 150757 1 false true false 0 78205 2066208 2003 2144413 REGISTRATION FEES 26314 26314 26314 53775 53775 0 0 0 5316010 5158332 157678 157678 157678 90776 78205 90776 0 0 0 FOREIGN CURRENCY TRANSACT 900099 28366 28366 28366 2410546 183992 82141 0 5474 5474 1001301 1001301 0 150757 90454 22614 37689 0 133373 89383 26553 17437 7295 4742 1094 1459 181469 118727 26823 35919 22535 14740 3332 4463 0 19524 19524 91810 36724 41314 13772 0 0 2599 2599 0 8882 4441 4441 13485 8821 1994 2670 5878 3845 869 1164 0 48123 31477 7117 9529 14225 9304 2104 2817 0 0 0 0 19291 12618 2853 3820 20034 13104 2963 3967 APPROPRIATIONS FOR PROJECTS 826503 622862 165489 38152 COMPUTER EXPENSES 20661 13514 3056 4091 TEMPORARY HELP 17476 11431 2585 3460 CREDIT CARD & BANK FEES 9992 6536 1478 1978 15502 10140 2293 3069 2636189 2112237 334055 189897 400 1700 1828600 2169223 957985 475242 0 0 0 0 0 78926 71678 225161 131771 106953 93390 2602763 2878467 0 0 0 914114 914114 6489741 6603814 274504 46178 373527 31157 159459 305661 579164 X 3024194 2946016 1107246 775994 2052640 2302640 6184080 6024650 6489741 6603814 -225643 66213 X false true X true false X 2222480 5233016 1454424 3115907 2144413 14170240 0 0 2222480 5233016 1454424 3115907 2144413 14170240 0 14170240 1059852 15101 6778 25571 211453 1318755 0 5573 28366 33939 15522934 0.91290 0.92350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2052640 280000 226110 245483 10627 2302640 1050000 1002640 104323 104323 2052640 1055289 1621 6910 1050000 1050000 5289 1055289 1.00000 false false false 83799 66984 16815 141362 64787 76575 93390 DONATED MUSICAL INSTRUMENTS 914114 914114 SEVERANCE PAYABLE 159459 159459 X 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 1304320 1 5 1 5 1304320 1304320 MIDDLE EAST SCHOLARSHIPS 351889 1 SCHOLARSHIPS MIDDLE EAST 513 649412 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 168981 78205 90776 44377 3212 1213 41974 168981 78205 90776 44377 3212 1213 41974 90776 false 0 0 SCHOLARSHIPS 2 5474 false false false false false false false false false false DAVID HOMAN EXECUTIVE DIRECTOR 150757 150757 JONATHAN GOLDBERG ATTORNEY LEGAL SERVICES true Schedule L, Part V Supplemental Information A BOARD MEMBER IS A PARTNER IN A LAW FIRM THAT THE ORGANIZATION DOES BUSINESS WITH 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 AND APPROVED BY THE CHAIRMAN OF THE BOARD 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