2013-09-16T11:12:51-07:00 2012-12-31 Scheer & Associates CPAs LLP 180 S Broadway Ste 100 White Plains NY 10605 990 2012-01-01 131664048 AMERICA-ISRAEL CULTURAL FOUNDATION INC AMER 2125571600 1140 BROADWAY NEW YORK NY 10001 WILLIAM SCHWARTZ 2013-09-12 true PAUL R SCHEER P00245171 9144379400 2012 2016-02-24 21:20:13Z WILLIAM SCHWARTZ 1140 BROADWAY SUITE 304 NEW YORK NY 10001 3366384 false false X N/A 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. 28 26 4 0 1495411 3005252 25339 26333 6778 27147 -129730 5322 1397798 3064054 858232 1010425 0 320433 328465 0 154648 994629 1188567 2173294 2527457 -775496 536597 5920788 6489741 383960 305661 5536828 6184080 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 969166 620467 26332 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. 781203 720147 Cultural Enrichment Grants and Special Projects-Professional development, mentorship and guidance of various cultural institutions and individual artists who best represent Israeli culture internationally 241141 Other grants and special projects-Promotion of Israeli culture internationally and support of the early careers of young artist. 107332 99192 2098842 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 false false false false false false false false false false false true true true false false false true false false false false true 28 0 true 4 true false false true IS false false false true true false 0 false false false false false false false false false false X 28 26 false false false false false false false true true false true true true true true true true true true false false PA NY CA X X KEVIN HIGGINS 2125571600 1140 BROADWAY SUITE 304 NEW YORK NY 10001 X LYNN SALVAGE 0.00 0.00 0 0 0 CAROL STARLEY 15.00 0.00 0 0 0 ROMIE SHAPIRO 5.00 0.00 0 0 0 SUZANNE SEEBER 5.00 0.00 0 0 0 HARVEY ROTHENBERG 5.00 0.00 0 0 0 BARBARA SAMUELSON 5.00 0.00 0 0 0 TAMAR RUDICH 5.00 0.00 0 0 0 SANDRA ROTHMAN 5.00 0.00 0 0 0 HELEN SAX POTAZNIK 5.00 0.00 0 0 0 MARGUERITE PERKINS-MAUTNER 5.00 0.00 0 0 0 WENDY MARKS 5.00 0.00 0 0 0 BRADLY LUBIN 5.00 0.00 0 0 0 JANE STERN LEBELL 5.00 0.00 0 0 0 STEPHANIE KATZOVICZ 5.00 0.00 0 0 0 ORA HOLIN 5.00 0.00 0 0 0 CHARLOTTE HATTENBACH 15.00 0.00 0 0 0 AVERI FUCHS 5.00 0.00 0 0 0 DEBBY EDELSOHN 15.00 0.00 0 0 0 LONNY DARWIN 5.00 0.00 0 0 0 RENEE CHERNIAK 15.00 0.00 0 0 0 ANN BIALKIN 5.00 0.00 0 0 0 DIANE BELFER 5.00 0.00 0 0 0 STEPHANIE FELDMAN 5.00 0.00 0 0 0 JONATHAN GOLDBERG 10.00 0.00 0 0 0 JOSEPH HOLLANDER 10.00 0.00 0 0 0 LINDA SCHONFELD 5.00 0.00 0 0 0 SANFORD BATKIN 5.00 0.00 0 0 0 WILLIAM SCHWARTZ 20.00 0.00 0 0 0 DAVID HOMAN 50.00 0.00 X 136500 0 11468 ORIT NAOR 50.00 0.00 X 109195 0 30908 245695 42376 2 false false false 0 187497 2817755 161503 3005252 REGISTRATION FEES 26333 26333 26333 25571 25571 0 0 0 179229 177653 1576 1576 1576 124677 187497 124677 0 0 0 FOREIGN CURRENCY TRANSACT 900099 5573 5573 DISPOSITION OF ASSETS 900099 -251 -251 5322 3064054 27909 30893 0 25500 25500 984925 984925 0 0 0 282265 179677 47562 55026 0 24849 16346 3559 4944 21351 14045 3057 4249 0 63144 22834 40310 111135 44454 50011 16670 0 0 1661 1661 100 100 9234 4617 4617 17483 11500 2504 3479 6649 4374 952 1323 0 45763 30102 6555 9106 10377 6826 1486 2065 0 0 0 0 15587 10253 2233 3101 17249 11346 2471 3432 Postage and Shipping 7745 5095 1109 1541 CREDIT CARD & BANK FEES 9658 6353 1383 1922 COMPUTER EXPENSES 18138 11931 2598 3609 APPROPRIATIONS FOR PROJECTS 847546 702334 107060 38152 7098 4669 1017 1412 2527457 2098842 273967 154648 700 400 3395160 1828600 0 1440727 957985 0 0 0 0 41280 78926 219433 112480 89923 106953 38884 2602763 0 0 0 914114 914114 5920788 6489741 318338 274504 65622 31157 383960 305661 X 2985722 3024194 1501106 1107246 1050000 2052640 5536828 6184080 5920788 6489741 536597 110655 X false true X true false X 1397763 2222480 5233016 1454424 3115907 13423590 0 0 1397763 2222480 5233016 1454424 3115907 13423590 0 13423590 5454 1059852 15101 6778 25571 1112756 0 0 14536346 0.92350 0.91210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1050000 1002640 104323 104323 2052640 1055289 1621 6910 1050000 1050000 5289 1055289 false false false 78969 60976 17993 140464 51504 88960 106953 DONATED MUSICAL INSTRUMENTS 914114 914114 SEVERANCE PAYABLE 31157 31157 X Part X 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. Part V, Line 4 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 true MIDDLE EAST 1 5 PROGRAM SERVICES SCHOLARSHIP & GRANTS 1137824 1 5 1 5 1137824 1137824 MIDDLE EAST SCHOLARSHIPS 290766 1 SCHOLARSHIPS MIDDLE EAST 513 694159 CHECKS false false false false false false Grantmaker's Description of How Grants are Used in Foreign Country 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 false GALA 312174 187497 124677 43245 2848 1300 77284 312174 187497 124677 43245 2848 1300 77284 124677 false 0 0 SCHOLARSHIPS 5 25500 JONATHAN GOLDBERG ATTORNEY 55644 LEGAL SERVICES true A BOARD MEMBER IS A PARTNER IN A LAW FIRM THAT THE ORGANIZATION DOES BUSINESS WITH X 1 156400 APPAISALS false true false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION IS PROVIDED UPON REQUEST. Form 990, Part VI, Line 15a 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 12c 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 11b 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 III, Line 4d 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. 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