2024-10-31T10:17:27-05:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2023-01-01 237049727 AMERICAN FRIENDS OF THE RAMBAM MEDICAL CENTER AMER 2122924499 442 5TH AVENUE 1353 NEW YORK NY 10018 DAVID A STERLING SECRETARY/TREASURER 2122924499 2024-10-31 1 1 EVA MRUK P00543254 2122862600 2024-10-30 2023 2024-10-15 13:58:12Z MERI BARER 442 5TH AVENUE 1353 NEW YORK NY 10018 6061661 0 X WWW.AFORAM.ORG X 1969 NY TO PROMOTE AND SUPPORT THE RAMBAM HEALTH CARE CAMPUS IN ISRAEL. 18 18 3 18 0 0 18221929 6020952 0 0 1366 40709 0 0 18223295 6061661 2547025 7157943 0 0 531966 615494 0 0 347486 239829 158706 3318820 7932143 14904475 -1870482 19835404 17979409 28951 43438 19806453 17935971 TO PROMOTE AND SUPPORT THE RAMBAM HEALTH CARE CAMPUS-THE PREMIER MEDICAL CENTER IN NORTHERN ISRAEL. 0 0 7157943 7157943 0 AMERICAN FRIENDS OF THE RAMBAM MEDICAL CENTER IS PRIVILEGED TO BE THE PRIMARY ORGANIZATION HELPING RAMBAM ACHIEVE ITS MISSION: EXCELLENCE IN MEDICINE, LEADERSHIP IN SCIENTIFIC RESEARCH, AND A COMMITMENT TO PROVIDING MEDICAL CARE FOR ALL IN NEED. OVER 7 MILLION DOLLARS IN GRANT FUNDS WERE AWARDED TO RAMBAM HEALTH CARE CAMPUS IN HAIFA, ISRAEL IN 2023. 7157943 1 1 0 0 0 0 0 0 0 0 0 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 0 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 NY CA X X NATHANIEL GOLDMAN 2122924499 442 5TH AVENUE 1353 NEW YORK NY 10018 MERI BARER PRESIDENT 3.00 X X 0 0 0 DAVID A STERLING SECRETARY/TREASURER 1.00 X X 0 0 0 DAVID ADLERSTEIN DIRECTOR 2.00 X 0 0 0 BENJAMIN ANTHONY DIRECTOR 1.00 X 0 0 0 JOYCE CHABBOTT DIRECTOR 1.00 X 0 0 0 ADAM EMMERICH DIRECTOR 1.00 X 0 0 0 GEORGE FELDENKREIS DIRECTOR 1.00 X 0 0 0 ALAN FORMAN DIRECTOR 1.00 X 0 0 0 MICHAL FROSTIG DIRECTOR 1.00 X 0 0 0 LEVY GERZBERG DIRECTOR 1.00 X 0 0 0 RACHEL JONAS DIRECTOR 1.00 X 0 0 0 MITCH RUBENSTEIN DIRECTOR 1.00 X 0 0 0 JESSE M SCHWARTZ DIRECTOR 1.00 X 0 0 0 AGNES SHEMIA DIRECTOR 1.00 X 0 0 0 JEFF SHEMIA DIRECTOR 1.00 X 0 0 0 JONATHAN SOHNIS DIRECTOR 1.00 X 0 0 0 AARON SPENCER DIRECTOR 1.00 X 0 0 0 LAWRENCE A WOLFE DIRECTOR 1.00 X 0 0 0 NATHANIEL GOLDMAN CHIEF FINANCIAL OFFICER 40.00 X 187500 0 40498 ELLEN POMERANTZ DIRECTOR - NORTHEAST REGION 40.00 X 134752 0 32477 SARI KATZ ARSHADNIA DIRECTOR - WESTERN REGION 40.00 X 127500 0 53903 449752 0 126878 3 0 1 0 0 6020952 833096 6020952 40709 40709 6061661 0 0 40709 7157943 7157943 227998 227998 262252 52450 209802 39600 10631 28969 47989 17207 30782 37655 20089 17566 27400 27400 7486 5772 1714 11487 11487 25859 25859 23989 23989 3194 3194 32319 10309 22010 PROGRAM EVENTS 25156 25156 STAFF DEVELOPMENT 1816 1816 7932143 7157943 426714 347486 708099 325303 2189366 3770796 16937939 13870947 0 12363 19835404 17979409 28951 43438 28951 43438 X -285923 1465592 20092376 16470379 19806453 17935971 19835404 17979409 -1870482 0 X X 0 1 X 1 0 X 1689484 2916286 3959354 7992081 6020952 22578157 1689484 2916286 3959354 7992081 6020952 22578157 9915039 12663118 2271 2154 2310 1366 40709 48810 22626967 0.55960 0.50530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 6101961 40300 40300 6061661 0 6061661 7972443 40300 40300 7932143 0 7932143 PART X, LINE 2: AFORAM RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT AFORAM HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. AFORAM IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO DECEMBER 31, 2020. 1 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 7157943 0 0 0 0 0 0 7157943 0 7157943 MIDDLE EAST TO PROVIDE SUPPORT FOR HOSPITAL AND RESEARCH SERVICES. 7157943 WIRE TRANSFER 0 1 0 0 0 0 0 0 0 PART I, LINE 2: AMERICAN FRIENDS OF THE RAMBAM MEDICAL CENTER (AFORAM) IS DEDICATED TO PROMOTING AND SUPPORTING THE RAMBAM HEALTH CARE CAMPUS, THE LARGEST MEDICAL FACILITY IN NORTHERN ISRAEL. A CORNERSTONE OF OUR MISSION IS TO ENSURE THAT ALL GRANT FUNDS ARE UTILIZED EFFECTIVELY AND IN ALIGNMENT WITH OUR COMMITMENT TO EXCELLENCE IN MEDICINE, LEADERSHIP IN SCIENTIFIC RESEARCH, AND EQUITABLE MEDICAL CARE FOR ALL IN NEED. TO MONITOR THE USE OF GRANT FUNDS AWARDED TO THE RAMBAM HEALTH CARE CAMPUS, AFORAM EMPLOYS A COMPREHENSIVE OVERSIGHT PROCESS THAT INCLUDES THE FOLLOWING KEY COMPONENTS: 1. PERIODIC PROGRESS REPORTS: WE REQUIRE THE RAMBAM HEALTH CARE CAMPUS TO SUBMIT DETAILED PROGRESS REPORTS AT REGULAR INTERVALS. THESE REPORTS OUTLINE HOW FUNDS ARE BEING UTILIZED, PROGRESS ON SPECIFIC PROJECTS, AND OVERALL IMPACT. THIS ALLOWS US TO ASSESS THE EFFECTIVENESS OF OUR SUPPORT AND MAKE INFORMED DECISIONS REGARDING FUTURE FUNDING. 2. ANNUAL SITE VISITS: AT A MINIMUM, OUR TEAM CONDUCTS ANNUAL VISITS TO THE RAMBAM HEALTH CARE CAMPUS. DURING THESE VISITS, WE ENGAGE DIRECTLY WITH HOSPITAL ADMINISTRATION, MEDICAL STAFF, AND RESEARCHERS TO EVALUATE THE IMPLEMENTATION OF FUNDED PROJECTS. THIS ON-THE-GROUND ASSESSMENT ENSURES TRANSPARENCY AND ACCOUNTABILITY IN HOW GRANT FUNDS ARE APPLIED. 3. EXPENDITURE SUBSTANTIATION: WE MAINTAIN A PROTOCOL FOR REQUESTING SUBSTANTIATION OF EXPENDITURES RELATED TO OUR GRANTS. THIS MAY INCLUDE INVOICES, RECEIPTS, AND OTHER DOCUMENTATION THAT DEMONSTRATE THE APPROPRIATE USE OF FUNDS. BY VERIFYING EXPENDITURES, WE ENSURE THAT OUR CONTRIBUTIONS ARE MAKING A MEANINGFUL DIFFERENCE. 4. STRATEGIC OVERSIGHT: OUR BOARD OF DIRECTORS IS ACTIVELY INVOLVED IN THE OVERSIGHT OF GRANT ALLOCATIONS. WE REVIEW FINANCIAL REPORTS AND PROGRAM UPDATES, ENSURING ALIGNMENT WITH OUR MISSION AND STRATEGIC OBJECTIVES. THROUGH THESE MEASURES, AFORAM NOT ONLY FULFILLS ITS RESPONSIBILITY AS A STEWARD OF DONOR CONTRIBUTIONS BUT ALSO REINFORCES ITS PRIMARY MISSION OF SUPPORTING RAMBAM IN DELIVERING HIGH-QUALITY MEDICAL CARE AND ADVANCING SCIENTIFIC RESEARCH. WE ARE COMMITTED TO TRANSPARENCY AND ACCOUNTABILITY, ENSURING THAT EVERY DOLLAR GRANTED CONTRIBUTES TO THE HEALTH AND WELL-BEING OF COMMUNITIES IN NEED. PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR ITS FOREIGN EXPENDITURES. 0 0 0 0 0 0 0 1 0 NATHANIEL GOLDMAN CHIEF FINANCIAL OFFICER 185000 0 2500 0 0 0 22500 0 17998 0 227998 0 0 0 SARI KATZ ARSHADNIA DIRECTOR - WESTERN REGION 121000 0 6500 0 0 0 18000 0 35903 0 181403 0 0 0 ELLEN POMERANTZ DIRECTOR - NORTHEAST REGION 124752 0 10000 0 0 0 21600 0 10877 0 167229 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID PERFORMANCE-BASED BOARD APPROVED BONUSES IN 2023. X 8 833096 AVG. SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 2 ALAN FORMAN AND JONATHAN SOHNIS HAVE A BUSINESS RELATIONSHIP. AGNES SHEMIA AND JEFF SHEMIA HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS FORM 990, AND DISTRIBUTES IT TO THE BOARD OF DIRECTORS BEFORE FILING IT WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY WHICH IS APPLICABLE TO DIRECTORS, PRINCIPAL OFFICERS, AND MEMBERS OF COMMITTEES WITH BOARD DESIGNATED POWERS, WHICH IT REGULARLY MONITORS AND ENFORCES. SUCH INTERESTED PERSONS ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE ORGANIZATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING IF A CONFLICT OF INTEREST EXISTS AND VOTES ON THE TRANSACTION OR ARRANGEMENT. THE BOARD'S DISCUSSION AND DECISION ARE RECORDED IN THE MINUTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15B THE ORGANIZATION'S PROCESS FOR DETERMINING COMPENSATION OF THE CFO INCLUDES THE USE OF COMPARABLE DATA FROM OTHER NON-PROFIT ORGANIZATIONS AND WAS APPROVED AND DOCUMENTED BY THE EXECUTIVE COMMITTEE. THIS PROCESS LAST OCCURRED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND GOVERNING DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.