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      <CYMinus4YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>479654000</BeginningYearBalanceAmt>
        <ContributionsAmt>27833000</ContributionsAmt>
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        <EndYearBalanceAmt>502861000</EndYearBalanceAmt>
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      <LandGrp>
        <InvestmentCostOrOtherBasisAmt>329087866</InvestmentCostOrOtherBasisAmt>
        <BookValueAmt>329087866</BookValueAmt>
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      <BuildingsGrp>
        <InvestmentCostOrOtherBasisAmt>1704645921</InvestmentCostOrOtherBasisAmt>
        <DepreciationAmt>219455021</DepreciationAmt>
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      <OtherLandBuildingsGrp />
      <TotalBookValueLandBuildingsAmt>1847169979</TotalBookValueLandBuildingsAmt>
      <FinancialDerivativesGrp />
      <CloselyHeldEquityInterestsGrp />
      <OtherSecuritiesGrp>
        <Desc>MARKETBABLE SECURITIES</Desc>
        <BookValueAmt>634051000</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>OTHER INVESTMENTS</Desc>
        <BookValueAmt>27464000</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </OtherSecuritiesGrp>
      <TotalBookValueSecuritiesAmt>661515000</TotalBookValueSecuritiesAmt>
      <FederalIncomeTaxLiabilityAmt>0</FederalIncomeTaxLiabilityAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>PROVISION FOR EMPLOYEE RIGHTS</Desc>
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      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>OTHER PROVISIONS AND ACCURED LIABILITIES</Desc>
        <Amt>0</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>RETIREMENT BENEFITS PAYABLE</Desc>
        <Amt>0</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>OTHER</Desc>
        <Amt>0</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>DEPOSITS FROM FRIEND ORGANIZATIONS AND OTHERS</Desc>
        <Amt>39097000</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>RESTRICTED DONATIONS FOR CONSTRUCTION</Desc>
        <Amt>28138000</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>ADVANCES FOR RESTITUTION OF LAND</Desc>
        <Amt>51202000</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>LIABILITY FOR ANNUITY PAYMENTS</Desc>
        <Amt>820000</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>1423663000</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>817885725</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>817885725</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>817885725</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>852738758</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>852738758</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>852738758</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="IRS990ScheduleE">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>true</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>true</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>false</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>false</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>false</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>false</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>false</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>false</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>false</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>true</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID</FormAndLineReferenceDesc>
        <ExplanationTxt>THE UNIVERSITY RECEIVES A MAJOR PART OF ITS BUDGET FROM THE GOVERNMENT OF ISRAEL BY THE PLANNING AND BUDGET COMMITTEE AT THE COUNCIL FOR HIGHER EDUCATION FOR RESEARCH AND TEACHING.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleF documentId="IRS990ScheduleF">
      <AccountActivitiesOutsideUSGrp>
        <RegionTxt>Middle East and North Africa</RegionTxt>
        <OfficesCnt>1</OfficesCnt>
        <EmployeeCnt>7941</EmployeeCnt>
        <TypeOfActivitiesConductedTxt>Program Services</TypeOfActivitiesConductedTxt>
        <SpecificServicesProvidedTxt>HIGH LEARNING</SpecificServicesProvidedTxt>
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      </AccountActivitiesOutsideUSGrp>
      <SubtotalOfficesCnt>1</SubtotalOfficesCnt>
      <SubtotalEmployeesCnt>7941</SubtotalEmployeesCnt>
      <TotalOfficeCnt>1</TotalOfficeCnt>
      <TotalEmployeeCnt>7941</TotalEmployeeCnt>
      <SubtotalSpentAmt>852738760</SubtotalSpentAmt>
      <TotalSpentAmt>852738760</TotalSpentAmt>
      <TransferToForeignCorpInd>false</TransferToForeignCorpInd>
      <InterestInForeignTrustInd>false</InterestInForeignTrustInd>
      <ForeignCorpOwnershipInd>false</ForeignCorpOwnershipInd>
      <PassiveForeignInvestmestCoInd>false</PassiveForeignInvestmestCoInd>
      <ForeignPartnershipInd>false</ForeignPartnershipInd>
      <BoycottCountriesInd>false</BoycottCountriesInd>
    </IRS990ScheduleF>
    <IRS990ScheduleJ documentId="IRS990ScheduleJ">
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      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
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        <PersonNm>Prof Asher Cohen</PersonNm>
        <TitleTxt>President</TitleTxt>
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        <NontaxableBenefitsFilingOrgAmt>24248</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>265456</TotalCompensationFilingOrgAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Yosef Gal</PersonNm>
        <TitleTxt>VP External Relations</TitleTxt>
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        <NontaxableBenefitsFilingOrgAmt>41214</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>221040</TotalCompensationFilingOrgAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Re'em Sari</PersonNm>
        <TitleTxt>Academic Head (Authority for B</TitleTxt>
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        <TotalCompensationFilingOrgAmt>216440</TotalCompensationFilingOrgAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Yishai Frankel</PersonNm>
        <TitleTxt>CEO</TitleTxt>
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        <TotalCompensationFilingOrgAmt>281360</TotalCompensationFilingOrgAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Oron Shagrir</PersonNm>
        <TitleTxt>International Vice President</TitleTxt>
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        <TotalCompensationFilingOrgAmt>198196</TotalCompensationFilingOrgAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Mona Khoury Kassabri</PersonNm>
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        <TotalCompensationFilingOrgAmt>226917</TotalCompensationFilingOrgAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Binyamin Chefetz</PersonNm>
        <TitleTxt>Center Manager</TitleTxt>
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        <TotalCompensationFilingOrgAmt>214243</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Guy Harpaz</PersonNm>
        <TitleTxt>Dean of Students and Chair of</TitleTxt>
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        <TotalCompensationFilingOrgAmt>185952</TotalCompensationFilingOrgAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Tamir Shefer</PersonNm>
        <TitleTxt>Dean, Faculty of Social Scienc</TitleTxt>
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        <NontaxableBenefitsFilingOrgAmt>52612</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>265846</TotalCompensationFilingOrgAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Dotan Zaidel</PersonNm>
        <TitleTxt>Head of HR</TitleTxt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Roni Kalman</PersonNm>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Revah Shalom</PersonNm>
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        <TotalCompensationFilingOrgAmt>167606</TotalCompensationFilingOrgAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Nicole Adler</PersonNm>
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        <TotalCompensationFilingOrgAmt>207664</TotalCompensationFilingOrgAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Assaf Friedler</PersonNm>
        <TitleTxt>Dean Faculty of Natural Scienc</TitleTxt>
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        <NontaxableBenefitsFilingOrgAmt>37324</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>192888</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Asher Ben-Arieh</PersonNm>
        <TitleTxt>Dean of School of Social Work</TitleTxt>
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        <TotalCompensationFilingOrgAmt>156019</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Zini Avraham Yitzchak</PersonNm>
        <TitleTxt>Dean Faculty of Dentistry</TitleTxt>
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        <NontaxableBenefitsFilingOrgAmt>31688</NontaxableBenefitsFilingOrgAmt>
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      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Yaniv Cohen</PersonNm>
        <TitleTxt>CFO</TitleTxt>
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        <NontaxableBenefitsFilingOrgAmt>33625</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>178765</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Sara Cohen</PersonNm>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Saul Bordman</PersonNm>
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        <TotalCompensationFilingOrgAmt>205211</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Tomer Brodi</PersonNm>
        <TitleTxt>Dean of the Faculty of Law</TitleTxt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Gili Drori</PersonNm>
        <TitleTxt>Deputy Dean, Faculty of Socia</TitleTxt>
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      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Avichai Hovav</PersonNm>
        <TitleTxt>Vice Director</TitleTxt>
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        <TotalCompensationFilingOrgAmt>200794</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Aharon Palmon</PersonNm>
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        <NontaxableBenefitsFilingOrgAmt>18126</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>198235</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Lilach Sagiv</PersonNm>
        <TitleTxt>Vice Director</TitleTxt>
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        <NontaxableBenefitsFilingOrgAmt>14792</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>160201</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Yitzhak Chen</PersonNm>
        <TitleTxt>Head, Institute for Advance St</TitleTxt>
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        <NontaxableBenefitsFilingOrgAmt>36241</NontaxableBenefitsFilingOrgAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW BEFORE IT IS FILED WITH IRS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY BY INQUIRY OF ITS EMPLOYEES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SALARIES OF SENIOR MANAGEMENT OF THE UNIVERSITY ARE SET ACCORDING TO THE GUIDELINES AND LIMITATIONS OF THE FINANCE MINISTRY'S DIRECTOR OF WAGES. THE SALARIES OF UNIVERSITY EMPLOYEES ARE DETERMINED BY NATIONAL WAGE AGREEMENTS APPROVED BY THE FINANCE MINISTRY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19:</FormAndLineReferenceDesc>
        <ExplanationTxt>IN ACCORDANCE WITH THE LAW IN ISRAEL, THE UNIVERSITY SUPPLIES TO THE PUBLIC, UPON REQUEST, ALL NON-ACADEMIC INFORMATION AND IT ALSO POSTS ON ITS WEBSITE GOVERNING DOCUMENTS AND DATA REGARDING ITS BUDGET.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:</FormAndLineReferenceDesc>
        <ExplanationTxt>Translation Differences</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PROCESS DID NOT CHANGE FROM LAST YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
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        <ForeignAddress>
          <AddressLine1Txt>GIVAT RAM</AddressLine1Txt>
          <CityNm>JERUSALEM</CityNm>
          <CountryCd>IS</CountryCd>
        </ForeignAddress>
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        <TotalIncomeAmt>9601082</TotalIncomeAmt>
        <EndOfYearAssetsAmt>2718619</EndOfYearAssetsAmt>
        <DirectControllingNACd>N/A</DirectControllingNACd>
      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>UNIVERSITY ASSET MANAGEMENT CO</BusinessNameLine1Txt>
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        <ForeignAddress>
          <AddressLine1Txt>JABOTINSKLY STREET</AddressLine1Txt>
          <CityNm>JERUSALEM</CityNm>
          <CountryCd>IS</CountryCd>
        </ForeignAddress>
        <LegalDomicileForeignCountryCd>IS</LegalDomicileForeignCountryCd>
        <EndOfYearAssetsAmt>802563</EndOfYearAssetsAmt>
        <DirectControllingNACd>N/A</DirectControllingNACd>
      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>THE HEBREW UNIVETSITY MAGNES PRESSLTD</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <ForeignAddress>
          <AddressLine1Txt>JERUSALEM</AddressLine1Txt>
          <CityNm>JERUSALEM</CityNm>
          <CountryCd>IS</CountryCd>
        </ForeignAddress>
        <LegalDomicileForeignCountryCd>IS</LegalDomicileForeignCountryCd>
        <EndOfYearAssetsAmt>0</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>NA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>THE UNIVERSITY VETERINARY HOSPITAL</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <ForeignAddress>
          <AddressLine1Txt>JERUSALEM</AddressLine1Txt>
          <CityNm>JERUSALEM</CityNm>
          <CountryCd>IS</CountryCd>
        </ForeignAddress>
        <LegalDomicileForeignCountryCd>IS</LegalDomicileForeignCountryCd>
        <EndOfYearAssetsAmt>10679655</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>NA</BusinessNameLine1Txt>
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      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>THE COSELL CENTER FOR PHYSICAL EDUCATION</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <ForeignAddress>
          <AddressLine1Txt>JERUSALEM</AddressLine1Txt>
          <CityNm>JERUSALEM</CityNm>
          <CountryCd>IS</CountryCd>
        </ForeignAddress>
        <LegalDomicileForeignCountryCd>IS</LegalDomicileForeignCountryCd>
        <EndOfYearAssetsAmt>12862709</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>NA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>