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          <ZIPCode>90024</ZIPCode>
        </AddressUS>
        <EINOfRecipient>951831070</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <MethodOfValuation>BOOK</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>EDUCATIONAL ASSISTANCE</PurposeOfGrant>
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          <BusinessNameLine1>AMERICAN PARDES FOUNDATION</BusinessNameLine1>
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          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10018</ZIPCode>
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        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <MethodOfValuation>BOOK</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>EDUCATIONAL ASSISTANCE</PurposeOfGrant>
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      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>AMERICAN TECHNION SOCIETY</BusinessNameLine1>
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          <AddressLine1>5757 WILSHIRE BLVD SUITE 535</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90036</ZIPCode>
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        <EINOfRecipient>130434195</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>100180</AmountOfCashGrant>
        <MethodOfValuation>BOOK</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>EDUCATIONAL ASSISTANCE</PurposeOfGrant>
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      <RecipientTable>
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          <BusinessNameLine1>JEWISH FUND FOR JUSTICE</BusinessNameLine1>
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          <AddressLine1>330 7TH AVE SUITE 1902</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10001</ZIPCode>
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        <EINOfRecipient>521332694</EINOfRecipient>
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        <MethodOfValuation>BOOK</MethodOfValuation>
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        <PurposeOfGrant>EDUCATIONAL ASSISTANCE</PurposeOfGrant>
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      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>THE SCHECHTER INSTITUTE INC</BusinessNameLine1>
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          <AddressLine1>BOX 3566 PO BOX 8500</AddressLine1>
          <City>PHILADELPHIA</City>
          <State>PA</State>
          <ZIPCode>19178</ZIPCode>
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        <EINOfRecipient>223342043</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>18000</AmountOfCashGrant>
        <MethodOfValuation>BOOK</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>EDUCATIONAL ASSISTANCE</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>7</TotalNbrOf501C3AndGovtGrants>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>SCHOLARSHIPS/ FINANCIAL AID</TypeOfGrant>
        <NumberOfRecipients>401</NumberOfRecipients>
        <AmountOfCashGrant>3075038</AmountOfCashGrant>
        <MethodOfValuation>BOOK</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
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        <Identifier>PROCEDURE FOR MONITORING GRANTS IN THE U.S.:</Identifier>
        <ReturnReference>PART I, LINE 2:</ReturnReference>
        <Explanation>SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO THE STUDENTS BASED ON DIFFERENT CRITERIA. THE UNIVERSITY FOLLOWS ALL POLICIES AND REGULATIONS OF FEDERAL AID PROGRAMS WHEN IT AWARDS FINANCIAL AID TO STUDENTS. THE UNIVERSITY REQUIRES THE GRANTEE ORGANIZATIONS TO SUBMIT REPORTS TO SUPPORT THE USE OF GRANT FUNDS.</Explanation>
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        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
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      <Form990ScheduleJPartII>
        <NamePerson>MARK BOOKMAN</NamePerson>
        <BaseCompensationFilingOrg>146851</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
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        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
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    </IRS990ScheduleJ>
    <IRS990ScheduleL documentId="RetDoc1042800001">
      <LoanTable>
        <NamePerson>LOUIS COLEN</NamePerson>
        <PurposeOfLoan>PLANT FUND</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>5000</OriginalPrincipalAmount>
        <BalanceDue>5000</BalanceDue>
        <Default>0</Default>
        <ApprovedByBoard>0</ApprovedByBoard>
        <WrittenAgreement>0</WrittenAgreement>
      </LoanTable>
      <TotalBalanceDue>5000</TotalBalanceDue>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>4</NumberOfContributions>
        <NoncashContribsRptdF990>112518</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <AnyPropertyThatMustBeHeld>0</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>1</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>0</ThirdPartiesUsed>
      <Form990ScheduleMPartII>
        <Identifier>METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS:</Identifier>
        <ReturnReference>PART I, COLUMN (B):</ReturnReference>
        <Explanation>NON CASH DONATIONS ARE LISTED BY TOTAL NUMBER OF DONORS.</Explanation>
      </Form990ScheduleMPartII>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 2</ReturnReference>
        <Explanation>THE FOLLOWING BOARD MEMBERS HAVE A FAMILY RELATIONSHIP: FRANCIS S. MAAS AND VIRGINIA MAAS MERILYN ZIERING AND MICHAEL ZIERING</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE. ONCE APPROVED BY THE AUDIT COMMITTEE, THE RETURN IS THEN SENT TO ALL BOARD MEMBERS FOR REVIEW, PRIOR TO BEING FILED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>THE ORGANIZATION REQUIRES THE OFFICERS/DIRECTORS TO COMPLETE ANNUAL STATEMENTS TO INFORM THE ORGANIZATION OF ANY CONFLICT OF INTERESTS THAT MAY EXIST. THE SENIOR VICE PRESIDENT MONITORS THE COMPLIANCE OF THE POLICY. THE ADMINISTRATIVE ASSISTANT OF THE PRESIDENT KEEPS TRACK OF ALL ANNUAL STATEMENTS RECEIVED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>COMPENSATION FOR THE PRESIDENT AND OFFICERS IS REVIEWED FIRST BY THE COMPENSATION COMMITTEE AND THEN BY THE EXECUTIVE COMMITTEE. THE COMPENSATION IS BASED ON AN EXTENSIVE REPORT AND IS APPROVED BY THE EXECUTIVE COMMITTEE. PERIODICALLY THE EXECUTIVE COMMITTEE OR THE COMPENSATION COMMITTEE REQUIRE AN EXTENSIVE REPORT FROM AN INDEPENDENT CONSULTANT.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THEIR WEBSITE AND UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNANCE, MANAGEMENT, AND DISCLOSURE</Identifier>
        <ReturnReference>FORM 990, PART VI, LINE 1A</ReturnReference>
        <Explanation>THE GOVERNING BOARD DELEGATED THE AUTHORITY TO THE EXECUTIVE COMMITTEE TO APPROVE THE COMPENSATION OF THE PRESIDENT AND OFFICERS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 5:</ReturnReference>
        <Explanation>NET UNREALIZED LOSSES ON INVESTMENTS: -1,257,712. CHANGE IN VALUE OF LIABILITY UNDER GIFT ANNUITIES -67,453. TOTAL TO FORM 990, PART XI, LINE 5: -1,325,165.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FINANCIAL STATEMENTS AND REPORTING</Identifier>
        <ReturnReference>FORM 990, PART XII, LINE 2C</ReturnReference>
        <Explanation>NO CHANGES WERE MADE TO THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR, AS COMPARED TO THE PRIOR TAX YEAR.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM TD F 90-22.1 - REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS:</Identifier>
        <ReturnReference>2011 FORM 990, PART V, LINE 4A:</ReturnReference>
        <Explanation>THE AMERICAN JEWISH UNIVERSITY ("AJU") HAS INVESTMENTS IN FOREIGN HEDGE FUNDS (BAHAMAS, CAYMAN ISLANDS, BRITISH VIRGIN ISLANDS &amp; IRELAND). AJU DOES NOT HAVE ANY SIGNATURE AUTHORITY OVER ANY FOREIGN FINANCIAL ACCOUNTS. THEREFORE AJU IS NOT REQUIRED TO FILE THE FORM TD F90-22.1 FOR THE FISCAL YEAR ENDED JUNE 30, 2012.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>ZSRS FUND LLC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>15760 VENTURA BLVD SUITE 801</AddressLine1>
          <City>ENCINO</City>
          <State>CA</State>
          <ZIPCode>91436</ZIPCode>
        </AddressUS>
        <EIN>202587256</EIN>
        <PrimaryActivities>REAL ESTATE INVESTMENTS</PrimaryActivities>
        <LegalDomicileState>CA</LegalDomicileState>
        <TotalIncome>350823</TotalIncome>
        <EOYAssets>7570216</EOYAssets>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>AJU BBI HOLDINGS LLC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>15600 MULHOLLAND DRIVE</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90077</ZIPCode>
        </AddressUS>
        <PrimaryActivities>TITLE HOLDING</PrimaryActivities>
        <LegalDomicileState>CA</LegalDomicileState>
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        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>JEWISH TELEVISION NETWORK</BusinessNameLine1>
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          <AddressLine1>15600 MULHOLLAND DRIVE</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90077</ZIPCode>
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        <EIN>953556298</EIN>
        <PrimaryActivities>TO PROVIDE CULTURAL AND EDUCATIONAL INFORMATION TO THE JEWISH COMMUNITY</PrimaryActivities>
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        <PublicCharityStatus>170(B)(1) (A)(VI)</PublicCharityStatus>
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      <Form990ScheduleRPartII>
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          <BusinessNameLine1>UNIVERSITY OF JUDAISM FOUNDATION</BusinessNameLine1>
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          <City>LOS ANGELES</City>
          <State>CA</State>
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</Return>