2023-11-14T09:58:54-06:00 2022-12-31 261550036 BERNSTEIN ROSEN & COMPANY CPAS PC 630 THIRD AVENUE SUITE 1502 NEW YORK NY 10017 990 2022-01-01 311577589 AMERICAN FRIENDS OF IDC AMER 2122135961 142 WEST 57TH STREET 11TH FLOOR NEW YORK NY 10019 LESLIE SKYBA EXECUTIVE DIRECTOR 2122135961 2023-11-03 1 LESLIE SKYBA 999009999 0 BERNSTEIN ROSEN COMPANY CPAS PC P01025069 2126129700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GIL TENZER 142 WEST 57TH STREET 11TH FLOOR NEW YORK NY 10019 27096642 0 X WWW.AFORU.ORG X 1994 NY TO ENCOURAGE STUDENTS TO PURSUE THEIR PERSONAL DREAMS BE THEY IN BUSINESS, LAW, COMPUTER SCIENCE, GOVERNMENT, STRATEGY, DIPLOMACY, OR COMMUNICATIONS, WITHOUT FORGETTING THEIR RESPONSIBILITY TO COMMUNITY, WHETHER LOCAL OR GLOBAL. 25 25 5 26 0 0 14020837 26654209 0 0 20125 -52307 0 0 14040962 26601902 10159672 14048134 0 0 701830 763322 0 0 260611 222513 297350 11084015 15108806 2956947 11493096 14623044 26021150 30535 167903 14592509 25853247 X TO ENCOURAGE STUDENTS TO PURSUE THEIR PERSONAL DREAMS BE THEY IN BUSINESS, LAW, COMPUTER SCIENCE, GOVERNMENT, STRATEGY, DIPLOMACY, OR COMMUNICATIONS, WITHOUT FORGETTING THEIR RESPONSIBILITY TO COMMUNITY, WHETHER LOCAL OR GLOBAL. 0 0 4299018 4299018 ACADEMIC PROGRAMS - 1) PROVIDE SUPPORT TO 11 SCHOOLS WITHIN REICHMAN UNIVERSITY, INCLUDING THE SCHOOL OF BUSINESS, COMMUNICATIONS, COMPUTER SCIENCE, GOVERNMENT, PSYCHOLOGY, LAW, ECONOMICS, ENTREPRENUERSHIP, SUSTAINABILITY, MEDICINE AND THE RAPHAEL RECANATI INTERNATIONAL SCHOOL. 2) PROVIDE SUPPORT FOR A LEADING EDGE RESEARCH PUBLICATION, 2 INTERNATIONAL CONFERENCES, 2 FELLOWSHIP PROGRAMS AND 6 RESEARCH INSTITUTES AND 3)SUPPORT SOCIAL AND CULTURAL ACTIVITIES ON CAMPUS. 3368891 3368891 SCHOLARSHIPS TO ENCOURAGE STUDENTS TO PURSUE HIGHER EDUCATION. 6786106 6330225 GENERAL SUPPORT - PROVIDE SUPPORT TO REICHMAN UNIVERSITY'S OPERATING AND INFRASTRUCTURE GROWTH COSTS. 50000 50000 ENDOWMENTS - TRANSFERS OF DESIGNATED FUNDS TO THE ENDOWMENT AT REICHMAN UNIVERSITY. 50000 50000 14504015 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 25 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 NY X THE ORGANIZATION 2122135961 142 WEST 57TH STREET 11TH FLOOR NEW YORK NY 10019 X LESLIE SKYBA EXECUTIVE DIRECTOR 40.00 X 199635 0 51339 AMY GROSS DIR. OF ADVANCEMENT 40.00 X 103064 0 64870 GIL TENZER CHAIRMAN 1.00 X X 0 0 0 LAUREN CRAMER SECRETARY 1.00 X X 0 0 0 JOANNE LANDAU TREASURER 1.00 X X 0 0 0 MIRIAM ADELSON BOARD MEMBER 1.00 X 0 0 0 MICHAEL ADLER THRU 11-09-22 BOARD MEMBER 1.00 X 0 0 0 GIDEON ARGOV BOARD MEMBER 1.00 X 0 0 0 ROBERT BLUM BOARD MEMBER 1.00 X 0 0 0 ZOHAR DAYAN BOARD MEMBER 1.00 X 0 0 0 ELI ELEFANT BOARD MEMBER 1.00 X 0 0 0 DAVID FINE BOARD MEMBER 1.00 X 0 0 0 MARK GERSON BOARD MEMBER 1.00 X 0 0 0 NATHAN HEVRONY BOARD MEMBER 1.00 X 0 0 0 RONALD LAUDER BOARD MEMBER 1.00 X 0 0 0 ANDREW LEWIN BOARD MEMBER 1.00 X 0 0 0 JOEY LOW BOARD MEMBER 1.00 X 0 0 0 ROY RASKIN BEG 03-01-22 BOARD MEMBER 1.00 X 0 0 0 STEWART RESNICK BOARD MEMBER 1.00 X 0 0 0 ALLEN ROSESHINE BOARD MEMBER 1.00 X 0 0 0 DEBORAH SLADE BOARD MEMBER 1.00 X 0 0 0 GADI SLADE BOARD MEMBER 1.00 X 0 0 0 MENACHEM STERNBERG BOARD MEMBER 1.00 X 0 0 0 ANDREW TAITZ BOARD MEMBER 1.00 X 0 0 0 ALBERTO VITALE BOARD MEMBER 1.00 X 0 0 0 GUY WELTSCH BOARD MEMBER 1.00 X 0 0 0 YORAM WIND BOARD MEMBER 1.00 X 0 0 0 SAMUEL ZELL BOARD MEMBER 1.00 X 0 0 0 302699 0 116209 2 0 1 0 0 26654209 126751 26654209 18579 18579 423854 494740 -70886 -70886 -70886 26601902 0 0 -52307 14048134 14048134 250974 83658 83658 83658 317561 167500 112679 37382 10430 6575 3251 604 136228 38429 69049 28750 48129 17834 15418 14877 22300 9165 8296 4839 16273 16273 34542 26150 5300 3092 11932 11932 57369 14740 20955 21674 64883 26667 24136 14080 53550 2734 50816 32635 32635 3866 1589 1438 839 15108806 14504015 344180 260611 170251 151219 13134288 24487829 1430 2609 2450 2450 0 0 1298250 1360668 18825 18825 14623044 26021150 30535 45283 122620 30535 167903 X 208188 -154795 14384321 26008042 14592509 25853247 14623044 26021150 11493096 -232358 0 X X 0 1 X 1 0 X 10771794 9893207 9097685 14020837 26654209 70437732 10771794 9893207 9097685 14020837 26654209 70437732 27528918 42908814 -640 328 6337 20125 -52307 -26157 70411575 103387 0.60940 0.69310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2034981 -302225 1732756 626042 1300108 108831 2034981 599235 26807 626042 1.00000 0 0 2450 2450 0 0 X 26369544 -232358 -232358 26601902 0 26601902 15108806 0 15108806 0 15108806 PART V, LINE 4: IN 2020, AFIDC ESTABLISHED AN ENDOWMENT FUND FOR REICHMAN UNIVERSITY TO CREATE A SELF-SUSTAINING SOURCE OF FUNDING TO SUPPORT THE UNIVERSITY IN PERPETUITY. EACH YEAR A PORTION OF THE ENDOWMENT MAY BE PAID OUT TO SUPPORT CURRENT NEEDS, WHILE THE REMAINDER WILL BE RETAINED TO GROW AND SUPPORT FUTURE GENERATIONS. PART X, LINE 2: AFIDC IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAX HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. CURRENTLY, AFIDC HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. MANAGEMENT BELIEVES THAT THEY WILL CONTINUE TO BE EXEMPTED FROM TAX. AFIDC'S POLICY IS TO RECORD INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THERE WAS NO INTEREST AND PENALTIES EXPENSE RECORDED AND NO ACCRUED INTEREST AND PENALTIES. AFIDC'S FEDERAL AND STATE EXEMPT STATUS TAX RETURNS ARE OPEN FOR EXAMINATION FOR THE YEARS 2019, 2020 AND 2021. AFIDC FOLLOWS THE PROVISIONS OF ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE ACCOUNTING FOR, AND DISCLOSURE OF MORE LIKELY THAN NOT FOR RECOGNITION AND DE-RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. 0 MIDDLE EAST AND NORTH AFRICA - 0 0 GRANTMAKING 14048134 0 0 0 0 0 0 14048134 0 14048134 MIDDLE EAST AND NORTH AFRICA - ACADEMIC PROGRAMS 14048134 WIRE TRANSFER 0 1 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION IS A "FRIENDS OF ORGANIZATION THAT SUPPORTS REICHMAN UNIVERSITY (FORMERLY THE INTERDISCIPLINARY CENTER HERZLIYA) IN ISRAEL. PART III ACCOUNTING METHOD: X X 0 0 0 0 0 0 0 0 0 LESLIE SKYBA EXECUTIVE DIRECTOR 199635 0 0 0 0 0 7000 0 44339 0 250974 0 0 0 AMY GROSS DIR. OF ADVANCEMENT 103064 0 0 0 0 0 3100 0 61770 0 167934 0 0 0 X 2 126751 FMV ON DONATION DATE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS GADI SLADE AND DEBORAH SLADE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD TREASURER AND EXECUTIVE DIRECTOR. PRIOR TO FILING FORM 990, THE FINAL DRAFT IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ANY CONFLICTS OF INTEREST THAT ARISE ARE DISCUSSED AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION REVIEWS THE COMPENSATION AT COMPARABLE ORGANIZATIONS AND USES THAT INFORMATION AS A GUIDELINE IN DETERMINING APPROPRIATE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S APPLICATION FOR EXEMPT STATUS IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND THE FORM 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR