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AMERICA-ISRAEL CULTURAL FOUNDATION INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
AMERICA-ISRAEL CULTURAL FOUNDATION INC (EIN 13-1664048)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-11-14
IRS object ID
201103189349304900
Schema version
2010v3.4
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-11-14T13:34:34-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1EISNERAMPER LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1750 THIRD AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100172703ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN131664048EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1America-Israel Cultural Foundation IncBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlAMERNameControl
Phone2125571600Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11140 Broadway SUITE 304AddressLine1
CityNew YorkCity
StateNYState
ZIP Code10001ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJOSEPH HOLLANDERName
TitleTREASURERTitle
Phone2125571600Phone
Date Signed2011-11-11DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
Phone2129498700Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeXAddressChange
Name Of Principal Officer PersonJOSEPH HOLLANDERNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11140 BROADWAY SUITE 304AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10001ZIPCode
FieldValueIRS element (for citing)
Gross Receipts5670423GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Sitewww.aicf.orgWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1939YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTHE MISSION OF THE AMERICA-ISRAEL CULTURAL FOUNDATION (AICF) IS TO SUPPORT AND DEVELOP ARTISTIC LIFE IN ISRAEL BY AWARDING SCHOLARSHIPS AND GRANTS.ActivityOrMissionDescription
Nbr Voting Members Governing Body24NbrVotingMembersGoverningBody
Nbr Independent Voting Members24NbrIndependentVotingMembers
Total Nbr Employees4TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year2222480ContributionsGrantsPriorYear
Contributions Grants Current Year5233016ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY36390ProgramServiceRevenueCY
Investment Income Prior Year1059852InvestmentIncomePriorYear
Investment Income Current Year15101InvestmentIncomeCurrentYear
Other Revenue Prior Year33057OtherRevenuePriorYear
Other Revenue Current Year149002OtherRevenueCurrentYear
Total Revenue Prior Year3315389TotalRevenuePriorYear
Total Revenue Current Year5433509TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year1367872GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY1159313GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year182000SalariesEtcPriorYear
Salaries Etc Current Year262652SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY27413TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year250116TotalFundrsngExpCurrentYear
Other Expense Prior Year1020434OtherExpensePriorYear
Other Expenses Current Year557911OtherExpensesCurrentYear
Total Expenses Prior Year2570306TotalExpensesPriorYear
Total Expenses Current Year2007289TotalExpensesCurrentYear
Revenues Less Expenses Prior Year745083RevenuesLessExpensesPriorYear
Revenues Less Expenses CY3426220RevenuesLessExpensesCY
Total Assets BOY3595159TotalAssetsBOY
Total Assets EOY6615341TotalAssetsEOY
Total Liabilities BOY709055TotalLiabilitiesBOY
Total Liabilities EOY303017TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY2886104NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY6312324NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionThe mission of the America-Israel Cultural Foundation (AICF) is to support and develop artistic life in Israel by awarding scholarships and grants. By encouraging Israeli artists and supporting institutions and programs, AICF makes a vital contribution to the cultural foundation of Israel and strengthens her relationship with America.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense1269168Expense
Grants1004598Grants
Revenue36390Revenue
DescriptionScholarships 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. Approximately 425 scholarships were granted.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense214617Expense
Grants154715Grants
DescriptionPerformance Projects-AICF initiates or supports differenct projects whose aim is to assist and promote young artists in the early stages of their education by helping them find performance opportunitiesDescription

Activity3 Activity3

FieldValueIRS element (for citing)
Expense5472Expense
DescriptionPeriphery Programs-Develops talent in remote areas of Israel through mentorship and training to arts teachers, specialized workshops with top teaching artists, scholarships and financial assistanceDescription
FieldValueIRS element (for citing)
Total Program Service Expense1489257TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetstrueReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmttrueConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficetrueForeignOffice
Foreign ActivitiestrueForeignActivities
More Than5000 K To OrganizationstrueMoreThan5000KToOrganizations
More Than5000 K To IndividualstrueMoreThan5000KToIndividuals
Professional FundraisingtrueProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With109621NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees4NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccounttrueForeignFinancialAccount
Name Of Foreign CountryISNameOfForeignCountry
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members24NbrVotingGoverningBodyMembers
Number Independent Voting Members24NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledCAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledPAStatesWhereCopyOfReturnIsFiled
Own WebsiteXOwnWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonKEVIN HIGGINSNamePerson
Telephone Number2125571600TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11140 BROADWAY SUITE 304AddressLine1
Citynew yorkCity
StateNYState
ZIP Code10001ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (25 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationKey EmployeeKeyEmployee
William Schwartz
President20.0XX000
Sanford Batkin
BOARD MEMBER5.0X000
Linda Schonfeld
Secretary5.0XX000
Joseph Hollander
Treasurer10.0XX000
Jonathan Goldberg
Asst. Secretary10.0XX000
Barbara Samuelson
VICE-PRESIDENT5.0XX000
Diane Belfer
Board Member5.0X000
Ann Bialkin
Board Member5.0X000
Renee Cherniak
BOARD MEMBER15.0X000
Lonny Darwin
Board Member5.0X000
Debby Edelsohn
board member15.0X000
Stephanie Feldman
Assistant-treasurer5.0XX000
Charlotte Hattenbach
board member15.0X000
Stephanie Katzovicz
Board Member5.0X000
Jane Stern Lebell
Board Member5.0X000
Bradly Lubin
Board Member5.0X000
Wendy Marks
Board Member5.0X000
Marguerite Perkins-Mautner
Board Member5.0X000
Tamar Rudich
Board Member5.0X000
Renee Schreiber
Board Member5.0X000
Romie Shapiro
Board Member5.0X000
Carol Starley
board member15.0X000
Ralph Tornberg
Board Member5.0X000
Helen Sax Potaznik
board member5.0X000
DAVID R HOMAN
EXECUTIVE DIRECTOR US50.012818709938X
FieldValueIRS element (for citing)
Total Reportable Comp From Org128187TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation9938TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Fundraising Events625000FundraisingEvents
All Other Contributions4608016AllOtherContributions
Noncash Contributions34205NoncashContributions
Total Contributions5233016TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionREGISTRATION FEESDescription
Total Revenue Column36390TotalRevenueColumn
Related Or Exempt Function Income36390RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue36390TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column15101TotalRevenueColumn
Exclusion$15,101ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities36185Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities36185Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Gross Income Fundraising Events116473GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events625000CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses200729FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-84256TotalRevenueColumn
Exclusion-$84,256ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnExclusionExclusionAmount
BUYOUT OF LEASE900099154973$154,973
FOREIGN CURRENCY TRANSACTIONS90009978285$78,285
FieldValueIRS element (for citing)
Total Other Revenue233258TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column5433509TotalRevenueColumn
Related Or Exempt Function Income36390RelatedOrExemptFunctionIncome
Exclusion$164,103ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total79870Total
Program Services79870ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total1079443Total
Program Services1079443ProgramServices

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total128187Total
Program Services72676ProgramServices
Management And General27912ManagementAndGeneral
Fundraising27599Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total91684Total
Program Services51980ProgramServices
Management And General19964ManagementAndGeneral
Fundraising19740Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total23127Total
Program Services13112ProgramServices
Management And General5036ManagementAndGeneral
Fundraising4979Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total0Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total19654Total
Program Services11143ProgramServices
Management And General4278ManagementAndGeneral
Fundraising4233Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total27000Total
Management And General27000ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total124405Total
Program Services55142ProgramServices
Management And General69263ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total27413Total
Fundraising27413Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total305Total
Management And General305ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total84023Total
Program Services25261ProgramServices
Fundraising58762Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total13426Total
Program Services7612ProgramServices
Management And General2924ManagementAndGeneral
Fundraising2890Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total10599Total
Program Services6009ProgramServices
Management And General2309ManagementAndGeneral
Fundraising2281Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total35000Total
Program Services19843ProgramServices
Management And General7621ManagementAndGeneral
Fundraising7536Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total14605Total
Program Services1964ProgramServices
Management And General871ManagementAndGeneral
Fundraising11770Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total11115Total
Program Services5557ProgramServices
Fundraising5558Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total12547Total
Program Services7114ProgramServices
Management And General2732ManagementAndGeneral
Fundraising2701Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
APPROPRIATIONS FOR PROJECTS141821114718658543765
POSTAGE AND DELIVERY14265828930052971
COMPUTER EXPENSES204491159344534403
CREDIT CARD AND BANK FEES13084741928492816
OTHER PROGRAM EXPENSES1030510305

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total24962Total
Program Services3454ProgramServices
Management And General809ManagementAndGeneral
Fundraising20699Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2007289Total
Program Services1489257ProgramServices
Management And General267916ManagementAndGeneral
Fundraising250116Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY2494289BOY
EOY600EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY34851BOY
EOY3608387EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY525BOY
EOY1935069EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY97552BOY
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY11975BOY
EOY68588EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis114938LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec86871LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY36133BOY
EOY28067EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY5720BOY
EOY60516EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY914114BOY
EOY914114EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY3595159BOY
EOY6615341EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY578467BOY
EOY204271EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY130588BOY
EOY98746EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY709055BOY
EOY303017EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY2886104BOY
EOY5207035EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
EOY55289EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
EOY1050000EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY2886104BOY
EOY6312324EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY3595159BOY
EOY6615341EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses3426220ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1898684CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2577981CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1397763CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2222480CurrentTaxYearMinus1Year
Current Tax Year5233016CurrentTaxYear
Total13329924Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1898684CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2577981CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1397763CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2222480CurrentTaxYearMinus1Year
Current Tax Year5233016CurrentTaxYear
Total13329924Total
FieldValueIRS element (for citing)
Public Support Total17013329924PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years414104CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years154549CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years5454CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year30992CurrentTaxYearMinus1Year
Current Tax Year93386CurrentTaxYear
Total698485Total
FieldValueIRS element (for citing)
Total Support14028409TotalSupport
Public Support Pertcentage1700.95021PublicSupportPertcentage170
Public Support Pertcent Prior Year0.83690PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts

Current Year CurrentYear

FieldValueIRS element (for citing)
Contributions1050000Contributions
Investment Earnings Or Losses5289InvestmentEarningsOrLosses
End Of Year Balance1055289EndOfYearBalance
FieldValueIRS element (for citing)
Permanent Endowment EOY Balance0.99500PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.00500TermEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR
LandLand
BuildingsBuildings
Leasehold ImprovementsLeaseholdImprovements

Equipment Equipment

FieldValueIRS element (for citing)
Investment Cost Or Other Basis60237InvestmentCostOrOtherBasis
Depreciation50027Depreciation
Book Value10210BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Investment Cost Or Other Basis54701InvestmentCostOrOtherBasis
Depreciation36844Depreciation
Book Value17857BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings28067TotalOfBookValueLandBuildings

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionDONATED MUSICAL INSTRUMENTSDescription
Book Value914114BookValue
FieldValueIRS element (for citing)
Total Book Value Other Assets914114TotalBookValueOtherAssets
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionSEVERANCE PAYABLEDescription
Amount$98,746Amount
FieldValueIRS element (for citing)
Total Of Amounts98746TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierSCHEDULE D, PART XIVIdentifier
ExplanationThe Foundation follows the provisions of 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 statementsExplanation

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedtrueGrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionMiddle East and North AfricaRegion
Number Of Offices1NumberOfOffices
Number Of Employees6NumberOfEmployees
Type Of Activities ConductedProgram ServicesTypeOfActivitiesConducted
Specific Services ProvidedSCHOLARSHIP FUNDINGSpecificServicesProvided
Total Expenditures1203940TotalExpenditures
FieldValueIRS element (for citing)
Subtotal Number Of Offices1SubtotalNumberOfOffices
Subtotal Number Of Employees6SubtotalNumberOfEmployees
Total Number Of Offices1TotalNumberOfOffices
Total Number Of Employees6TotalNumberOfEmployees
Subtotal Amount Spent1203940SubtotalAmountSpent
Total Amount Spent1203940TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS

FieldValueIRS element (for citing)
RegionMiddle East/North AfricaRegion
Purpose Of GrantSCHOLARSHIPS AND GRANTSPurposeOfGrant
Amount Of Cash Grant159849AmountOfCashGrant
Manner Of Cash DisbursementCHECKMannerOfCashDisbursement
FieldValueIRS element (for citing)
Total Number Of501c3 Orgs3TotalNumberOf501c3Orgs

Grants To Ind Outside US GrantsToIndOutsideUS (2 entries)

Type Of AssistanceTypeOfAssistanceRegionRegionNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrantManner Of Cash DisbursementMannerOfCashDisbursement
SCHOLARSHIPSMiddle East/North Africa856902181CHECK
SCHOLARSHIPSEurope/Iceland/Greenland617413CHECK
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorp
Interest In Foreign TrustfalseInterestInForeignTrust
Own Foreign CorpfalseOwnForeignCorp
Passive Foreign Invest CofalsePassiveForeignInvestCo
Foreign PartnershipfalseForeignPartnership
Boycott CountriesfalseBoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)

IdentifierIdentifierExplanationExplanation
SCHEDULE F, PART 1, LINE 2ALL STUDENTS MUST SUBMIT AUTHENTICATION OF STUDY (LETTER OR TRANSCRIPT FROM THE SCH0OL).
SCHEDULE PART 1, LINE 3, COLUMN (E)SPECIFIC TYPES OF SERVICES IN REGION: CULTURAL EDUCATIONAL PROGRAMS: GRANTS/SCHOLARSHIPS TO TALENTED STUDENTS IN THE AREAS OF THEATER, MUSIC, & FINE ARTS.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsXMailSolicitations
Phone SolicitationsXPhoneSolicitations
In Person SolicitationsXInPersonSolicitations
Special Fundraising EventsXSpecialFundraisingEvents
Agreement Ref FundraisingtrueAgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

FieldValueIRS element (for citing)
Name Of IndividualTAVROW LUND CONSULTING LLCNameOfIndividual

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1101 MERRITT 7AddressLine1
Address Line2SECOND FLOORAddressLine2
CityNORWARKCity
StateCTState
ZIP Code06851ZIPCode
FieldValueIRS element (for citing)
ActivityCONSULTING FUNDRAISINGActivity
Fundraiser Control Of FundsfalseFundraiserControlOfFunds
Amount Retained By Contractor27413AmountRetainedByContractor
FieldValueIRS element (for citing)
Total Retained By Contractors27413TotalRetainedByContractors
Licensed StatesCALicensedStates
Licensed StatesNYLicensedStates
Licensed StatesPALicensedStates

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1JANUARY GALANameOfEvent1
Gross Receipts Event1433598GrossReceiptsEvent1
Charitable Contributions Event1375000CharitableContributionsEvent1
Gross Revenue Event158598GrossRevenueEvent1
Food And Beverage Event123028FoodAndBeverageEvent1
Other Direct Expenses Event189064OtherDirectExpensesEvent1
Name Of Event2OCTOBER GALANameOfEvent2
Gross Receipts Event2307875GrossReceiptsEvent2
Charitable Contributions Event2250000CharitableContributionsEvent2
Gross Revenue Event257875GrossRevenueEvent2
Food And Beverage Event220030FoodAndBeverageEvent2
Other Direct Expenses Event268607OtherDirectExpensesEvent2
Total Number Of Other Events0TotalNumberOfOtherEvents
Gross Receipts Total741473GrossReceiptsTotal
Charitable Contributions Total625000CharitableContributionsTotal
Gross Revenue Total Events116473GrossRevenueTotalEvents
Food And Beverage Total Events43058FoodAndBeverageTotalEvents
Other Direct Expenses Total Events157671OtherDirectExpensesTotalEvents
Direct Expense Summary Events200729DirectExpenseSummaryEvents
Net Income Summary-84256NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantSCHOLARSHIPSTypeOfGrant
Number Of Recipients18NumberOfRecipients
Amount Of Cash Grant79870AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierSCHEDULE I, PART 1, LINE 2Identifier
ExplanationALL STUSENTS MUST SUBMIT AUTHENTICATION OF STUDY (LETTER OR TRANSCRIPT FROM THE SCHOOL).Explanation

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArt
Art Historical TreasuresArtHistoricalTreasures
Art Fractional InterestArtFractionalInterest
Books And PublicationsBooksAndPublications
Clothing And Household GoodsClothingAndHouseholdGoods
Cars And Other VehiclesCarsAndOtherVehicles
Boats And PlanesBoatsAndPlanes
Intellectual PropertyIntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Noncash Contribs Rptd F99034205NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStock
Securities Prtnrshp Trust IntrstsSecuritiesPrtnrshpTrustIntrsts
Securities MiscellaneousSecuritiesMiscellaneous
Qualified Contrib Hist StructQualifiedContribHistStruct
Qualified Contrib OtherQualifiedContribOther
Real Estate ResidentialRealEstateResidential
Real Estate CommercialRealEstateCommercial
Real Estate OtherRealEstateOther
CollectiblesCollectibles
Food InventoryFoodInventory
Drugs And Medical SuppliesDrugsAndMedicalSupplies
TaxidermyTaxidermy
Historical ArtifactsHistoricalArtifacts
Scientific SpecimensScientificSpecimens
Archaeological ArtifactsArchaeologicalArtifacts
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGifts
Third Parties UsedtrueThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

FieldValueIRS element (for citing)
IdentifierNON CASH DONATIONSIdentifier
ExplanationMORGAN STANLEY SMITH BARNEY SELLS ALL DONATED SECURITIES ON THE BEHALF OF AICF.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
FORM 900 PART VISECTION B(11a) Finance committee meets with Accounting Firm and Director of Finance prior to filing Form 990. (12c) Board Members and Officers are required on an ongoing basis to declare any conflict of interests and they must be reported in the Board Minutes. (15) The Executive Director's compensation is reviewed and approved by Chairman of the Board.
EXTENSION OF TIME TO FILEAN EXTENSION OF TIME TO FILE THE 990 WAS PAPER FILED.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1ADVISORY COUNSIL OF THE AICFBusinessNameLine1

Address Foreign AddressForeign

FieldValueIRS element (for citing)
Address Line1TEL AVIVAddressLine1
CityJERUSALEMCity
CountryISCountry
FieldValueIRS element (for citing)
Primary ActivitiesGRANTSPrimaryActivities
Legal Domicile Foreign CountryISLegalDomicileForeignCountry
Exempt Code SectionCHARITYExemptCodeSection
Controlled OrgfalseControlledOrg