2014-05-06T11:22:20-05:00 2013-09-30 GRANT THORNTON LLP 666 THIRD AVENUE NEW YORK NY 100174057 990 2012-10-01 131568923 American Friends of Hebrew University Inc % JANE KAMPTON CONTROLLER AMER 2126078500 ONE BATTERY PARK PLAZA Suite 25TH FL NEW YORK NY 100041435 peter willner 2125990100 2014-05-05 true 2125990100 2012 2015-11-30 17:44:51Z PETER WILLNER NATL EXEC DIR ONE BATTERY PARK PLAZA 25TH FL NEW YORK NY 10004 119186641 false X WWW.AFHU.ORG X 1931 NY to support hebrew university of jerusalem, israel's foremost center of higher education and research, by nurturing the intellectual strength of the people of israel and forging partnerships with american jewry. 62 62 74 210 6449 600 34326562 28860295 163899 380414 10296245 18752437 -178155 -283574 44608551 47709572 35128666 46914960 0 0 6952810 7339376 176500 180750 8067209 3969500 4475784 46227476 58910870 -1618925 -11201298 550002076 579347993 33514992 33575915 516487084 545772078 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 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 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 INTERNATIONAL false false 46914960 46914960 380414 The American Friends of Hebrew University's (AFHU) primary exempt purpose is to support Hebrew University and other educational institutions in Israel and the United States. AFHU accomplishes this by making grants to these organizations to promote and encourage higher education, research and training in all disciplines. 46914960 true true false false false true false false false true true true false true true true false true false false true true true true true false false true true true false false false false false false false false true false false false false true true false false false true 74 0 true 74 true true true true IS LS false false false true true false false false false false false false X 62 62 true false false false false false false true true false false true true true true true true true true false CA CT DC FL IL MD MA MI MN NJ NY NC PA RI VA X X JANE KAMPTON CONTROLLER 2126078569 ONE BATTERY PARK PLAZA 25TH FL NEW YORK NY 10004 Daniel I Schlessinger 10.0 X X 0 0 Mr Michael S Kurtz 5.0 X X 0 0 Mr Michael A Lobel 5.0 X X 0 0 Mr Joshua Olshin 1.0 X X 0 0 Pamela N Emmerich 1.0 X X 0 0 Mr Ernest Bogen 1.0 X X 0 0 Rita Bogen 1.0 X X 0 0 Mr Charles H Goodman 1.0 X X 0 0 Mr Todd S Lundy 1.0 X X 0 0 Kenneth L Stein Esq 1.0 X X 0 0 Ronald M Zimmerman 1.0 X X 0 0 John H Bauman 1.0 X 0 0 Diane Belfer 1.0 X 0 0 James Blum 1.0 X 0 0 Mr Stanley M Bogen 1.0 X 0 0 Ms Joyce Brandman 1.0 X 0 0 Mr Scott Burg 1.0 X 0 0 Mr Leonard D Cordes 1.0 X 0 0 Mr I Steven Edelson 1.0 X 0 0 Alan P Fiske 1.0 X 0 0 Ms Ruth Flinkman-Marandy 1.0 X 0 0 Mr Michael J Freed 1.0 X 0 0 Ms Patricia L Glaser 1.0 X 0 0 Mr Lawrence E Glick 1.0 X 0 0 Mr Steven Good 1.0 X 0 0 Mr Mark Gordon 1.0 X 0 0 Brindell Gottlieb 1.0 X 0 0 Arthur Gutterman 1.0 X 0 0 Nancy Hamburger 1.0 X 0 0 Sheldon Hechtman 1.0 X 0 0 Dr William H Isacoff 1.0 X 0 0 Mrs Renae Jacobs-Anson 1.0 X 0 0 Helen Jacobs-Lepor 1.0 X 0 0 Ms Emma Joels 1.0 X 0 0 Mr Marvin Jubas 1.0 X 0 0 Mr Clive Kabatznik 1.0 X 0 0 Mr Martin E Karlinsky 1.0 X 0 0 Brad S Karp 1.0 X 0 0 Mrs Frances Katz 1.0 X 0 0 Ellen Klersfeld 1.0 X 0 0 Mr Harvey M Krueger 1.0 X 0 0 Ms Marla Lerner Tanenbaum 1.0 X 0 0 Barry H Lippman 1.0 X 0 0 Mrs Barbara A Mandel 1.0 X 0 0 Mindy Mann 1.0 X 0 0 Mr James E Matanky 1.0 X 0 0 Mr Marc O Mayer 1.0 X 0 0 Jamie McCourt 1.0 X 0 0 Mrs Leona Z Rosenberg 1.0 X 0 0 Mr Keith L Sachs 1.0 X 0 0 Sam Sandler 1.0 X 0 0 Mr George A Schieren 1.0 X 0 0 Mr David Bruce Smith 1.0 X 0 0 Mr Ira Lee Sorkin 1.0 X 0 0 Eric C Stein 1.0 X 0 0 Ruth Ellen Toole 1.0 X 0 0 Ms Mary Ann Tuft 1.0 X 0 0 Mr Mark Vidergauz 1.0 X 0 0 Robert Wertheimer 1.0 X 0 0 Mr Martin Zelman 1.0 X 0 0 Mr Richard S Ziman 1.0 X 0 0 Lawrence Zweifach 1.0 X 0 0 Michael Jesselson 1.0 X 0 0 Mark Ratner 1.0 X 0 0 Max Kampelman 1.0 X 0 0 Fred Lafer 1.0 X 0 0 Frank Lautenberg 1.0 X 0 0 PETER WILLNER 50.0 X 447072 0 52526 JAMES ROTHKOPF 50.0 X 316605 0 59856 BETH MCCOY 40.0 X 300268 0 50847 JANE KAMPTON 50.0 X 209744 0 51630 INA STRAUSS 40.0 X 213823 0 16185 MATTHEW ROSS 40.0 X 173191 0 35279 BETH KYMAN 40.0 X 159579 0 18108 MONICA LOEBL 40.0 X 159146 0 34746 SHERI KAUFER 40.0 X 156918 0 33457 2136346 0 352634 16 false true false GRANT THORNTON LLP 666 THIRD AVENUE NEW YORK NY 10017 AUDITING & TAX 151265 LAUTMAN MASKA NEILL COMPANY 1730 RHODE ISLAND AVE NW SUITE 30 WASHINGTON DC 20036 FUNDRAISING 124124 SECURITY CAPITAL RESEARCH AND MANAG CHASE TOWER 10 S DEARBON ST 1400 CHICAGO IL 60603 INV MANAGEMENT 120851 GREENSPOON MARDER PA 100 WEST CYPRESS CREEK ROAD FORT LAUDERDALE FL 33309 LEGAL 100777 4 991805 113564 187855 27567071 987776 28860295 REGISTRATION FEES 900099 380414 380414 380414 11923809 6449 11917360 0 0 60459 60459 0 60459 60459 77476286 70647659 6828627 6828628 6828628 397410 991805 829410 -432000 -432000 0 0 HURRICANE SANDY INSURANCE PROCEEDS 900099 87483 87483 MISCELLANEOUS REIMBURSEMENT 900099 484 484 87967 47709572 380414 6449 18462414 79249 79249 28500 28500 46807211 46807211 0 1461237 884957 576280 0 4264179 1152780 3111399 325858 131907 193951 895331 360568 534763 392771 136571 256200 202249 25462 176787 197817 189340 8477 297834 297834 0 180750 180750 189027 189027 251645 17501 234144 529164 529164 335734 77305 258429 59824 38282 21542 0 534377 176398 357979 336677 58239 278438 0 132465 37994 94471 0 0 196447 102229 94218 91803 32015 59788 DIRECT MAIL 325985 325985 EVENTS 399646 399646 PRINTING AND LETTERSHOP 275529 275529 MISCELLANEOUS 119561 20292 99269 58910870 46914960 3928701 8067209 5586849 5573005 7644712 2999615 28645499 26050294 0 0 0 0 0 0 0 0 0 0 0 0 6103709 2920764 3344714 3182945 432403138 457370960 28608058 34778052 0 0 0 0 43769106 49393122 550002076 579347993 1369469 1403964 25213755 23940482 0 0 0 0 0 0 0 0 0 0 0 0 6931768 8231469 33514992 33575915 X 7119515 5269928 180657447 205072533 328710122 335429617 516487084 545772078 550002076 579347993 X -11201298 39916064 570228 X false true X true false X 32577498 35400161 35281986 34326562 28860295 166446502 0 0 32577498 35400161 35281986 34326562 28860295 166446502 24839947 141606555 8041153 8918023 9938259 10904179 11977819 49779433 27665 8865 6449 42979 411193 614233 237855 359600 485377 2108258 218377172 544313 0.64845 0.65712 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 122644 469709 true true 445798076 5926830 51532696 27973336 475284266 338251606 58903555 66020080 17377165 445798076 357406000 2758000 -8062000 13850000 338252000 333991000 1452000 33944000 11981000 357406000 335098000 3092000 4734000 8933000 333991000 0.87060 0.12940 true false 2344804 2344804 870216 349999 520217 1371410 1177346 194064 503885 397054 106831 1013394 996365 17029 3182945 STATE OF ISRAEL BONDS 2576000 F ALTERNATIVE INVESTMENTS 32202052 F 34778052 TRUST & SPLIT INT AGREEMENTS 48564811 COMMON FUND 83084 MISCELLANEOUS RECEIVABLES 745227 49393122 0 SPLIT INTEREST AGREEMENT 7764582 MISCELLANEOUS LIABILITIES 466887 8231469 X 87319820 39916064 -168375 39747689 47572131 189027 -51586 137441 47709572 58605054 51586 51586 58553468 189027 168375 357402 58910870 RECONCILIATION OF REVENUE FORM 990, SCHEDULE D, PART XI Line 2d, Other revenue on books not on return: Legal fees-endowment related $(168,375) LINE 4B - revenue on return not on books: FUNDRAISING EXPENSE- Events $(432,000) Registration Fees Reclassed from Events $ 380,414 ------------------------------------------------------ Total Line 4(b) $ (51,586) Reconciliation of expenses FORM 990, SCHEDULE D, PART XIII Line 2d, expense on books not on return: FUNDRAISING EXPENSE- Events $ 432,000 Registration Fees Reclassed from Events $(380,414) ------------------------------------------------------ Total Line 4(b) $ 51,586 LINE 4B - Expense on return not on books: Legal fees- Endowment Related $168,375 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 standard 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 standard also provides guidance on measurement, classification, interest and penalties, and disclosure and had no material impact on the accompanying consolidated financial statements. The tax years ended 2010, 2011, 2012 and 2013 are still open to audit for both federal and state purposes. 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. Consolidated Financial Statements Schedule D, Part XI, XII & XIII 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. The American Friends of Hebrew University has completed Schedule D, Parts XI, XII & XIII, which provide a reconciliation from the audited financial statements to the Form 990, reporting its separate activity. 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 $601,759 Gifts to Other Charitable Institutions ($20,540) Gifts to hu/afhu ($102,104) Management Fees ($2,500) Unrealized Gains/(loss) $(24,690) Dividends $17,964 ---------- Total Changes ($131,870) End of Year Balance $469,709 true Middle East and North Africa Grantmaking 46793711 Europe (Including Iceland and Greenland) Grantmaking 13500 Central America and the Caribbean Investments 22286405 69093616 69093616 Middle East and North Africa GENERAL 46727282 WIRE Middle East and North Africa GENERAL 29475 CHECK Middle East and North Africa Research 36954 WIRE 3 Research Europe (Including Iceland and Greenland) 9000 WIRE 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 invests in domestic and foreign limited partnerships that may own an interest in a foreign corporation, passive foreign investment company, or foreign partnership. Nevertheless, the organization's investment activities may not reach the thresholds required for filing the Forms 926, 5471, 8621 or 8865. To the extent that the organization is required to complete one of these foreign forms, it is filed with the organization's annual Form 990-T. X X X X X X X true Lautman Maska Neill Co Direct Mail Consulting false 456989 108750 348239 Neal P Myerberg Planned Giving false 3084206 72000 3012206 3541195 180750 3360445 CA CT DC FL IL MD MA MI MN NJ NY NC PA RI VA la scopus gala 587250 433000 154250 123765 116575 33183 ny gala dinner 276000 220800 55200 62153 37575 1000 15 525965 338005 187960 258791 88233 108135 1389215 991805 397410 444709 242383 142318 829410 -432000 true BOSTON UNIVERSITY SCHOOL OF MEDICINE 715 ALBANY STREET BOSTON MA 02118 942539545 501(c)(3) 33717 STUDENT EXCHANGE PROGRAM BETWEEN HADASSAH & BOSTON UNIVERSITY hadassah medical organization 50 west 58th street new york NY 10019 132563745 501(c)(3) 24993 morton amsterdam chair in periodontal prosthesis in the school of dental medicine Congregation Kol Shofar 215 Blackfield Drive Tiburon CA 94920 136110872 501(c)(3) 14190 General Purpose jewISH community federation of San Francisco 121 steuart Street san francisco CA 94105 941156533 501(c)(3) 5500 General purpose 4 Visting Lectureship 1 8500 sabbatical research 1 20000 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, no additional monitoring procedures are in place. X false true X X false false false false false false false true false PETER WILLNER 419730 0 0 0 27342 0 22500 0 30026 0 499598 0 JAMES ROTHKOPF 286605 0 30000 0 0 0 22491 0 37365 0 376461 0 BETH MCCOY 270268 0 30000 0 0 0 22494 0 28353 0 351115 0 JANE KAMPTON 184744 0 25000 0 0 0 16812 0 34818 0 261374 0 INA STRAUSS 213823 0 0 0 2961 0 13224 0 230008 0 MATTHEW ROSS 173191 0 0 0 0 0 15733 0 19546 0 208470 0 BETH KYMAN 159579 0 0 0 0 0 7149 0 10959 0 177687 0 MONICA LOEBL 154146 0 5000 0 0 0 7067 0 27679 0 193892 0 SHERI KAUFER 152918 0 4000 0 0 0 13919 0 19538 0 190375 0 COMPENSATION FORM 990, SCHEDULE J, PART I, LINE 1 The spouse of the executive director periodically travels with him on business trips. The American Friends of Hebrew University treats these payments as taxable compensation, the amounts of which are included on his Form W-2 and disclosed on this return as other reportable compensation. 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 fiscal year 2012. All bonus/salary recommendations for senior staff members are recommended by the National Executive Director 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 National Executive Director and makes a recommendation to the Management Committee. The Management Committee is comprised of the above-mentioned 3 Board members and an additional 16 Board members. The Management 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. X 43 987276 cost or sale price X state of Israel Bonds 1 500 cost or sale price false true true Noncash Contributions 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 disclsoure FORM 990, PART VI, section A, LINE 2 ERNEST BOGEN, VICE PRESIDENT, AND RITA BOGEN, secretary, have a family relationship. ERNEST BOGEN, VICE PRESIDENT, AND STANLEY M BOGEN, director, have a family relationship. Ken Stein, Vice President, and Eric Stein, Director, have a family relationship. Sheldon Hechtman, Director, and Ellen Klersfeld, Director and member of the investment committee, have a family relationship. joshua olshin, assistant treasurer, and Eric Stein, director, 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 financial department. A copy of the draft Form 990 was reviewed and approved by the Audit Committee and 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 National Executive Director 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 Management Committee for approval. The Management Committee is comprised of the above-mentioned 3 board members and an additional 16 board members. The final approval rests with the Management Committee. All bonus/salary recommendations for all other officers and key employees are made by the National Executive Director to the Compensation Committee, who ultimately makes a recommendation to the Management Committee. The final approval rests with the Management 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 - Board Relationships AFHU holds a real estate investment with an approximate value of $5,157,922. Board member, Richard Ziman, is a principal with the real estate investment company. AFHU holds marketable securities with an approximate value of $5,221,121 in a non-pooled endowment fund which is under the control of the donor and Board member, Stanley Bogen. The Organization does not pay any investment management fees to the board member's firm; accordingly this transaction does not need to be disclosed on Form 990, Schedule L. In the interests of full disclosure, AFHU is reporting these relationships on its Form 990. afhu has an interest in a private equity investment with an approximate value of $2,779,766, of which a regional board member, Ken Abramowitz is a principal. Other changes in net assets Form 990, Schedule XI, Line 9 Change in Value of Split Interest agreements $570,228 AFHU CHARITABLE COMMON FUND one battery park plaza new york NY 10004 133525587 Donor Advised NY 501(c)(3) private fdn NA true HEBREW UNIVERSITY OF JERUSALEM Mt Scopus Campus JERUSALEM IS 91905 237285905 EDUCATION IS 501(c)(3) school NA false false true true false false false false false false false false true false true true true false false false AFHU charitable common fund c 113564 fmv