2025-11-17T15:32:46-06:00 2024-12-31 132688836 ROGOFF & COMPANY PC 355 LEXINGTON AVENUE 6TH FLOOR NEW YORK NY 100176603 990 2024-01-01 526054124 ASSOCIATION FOR CULTURAL INTERCHANGE INC ASSO 2122976199 420 LEXINGTON AVENUE 300 NEW YORK NY 10170 WILLIAM P ORCHARD PRESIDENT 2122976199 2025-11-14 1 1 ABDELLATIF ELMAGHRABI P00645962 2125575666 2024 2025-03-06 01:10:19Z WILLIAM P ORCHARD 420 LEXINGTON AVENUE 300 NEW YORK NY 10170 67708897 0 X WWW.CULTURALINTERCHANGE.ORG X 1958 MD ACI PROVIDES A PROGRAM OF SUPPORT AND ASSISTANCE TO OTHER NOT-FOR-PROFIT ORGANIZATIONS AND EDUCATIONAL AND VOCATIONAL TRAINING INSTITUTIONS FROM ELEMENTARY LEVEL THROUGH GRADUATE STUDIES. ACI EMPHASIZES THE PROMOTION OF INTERNATIONAL UNDERSTANDING AND THE INTERCHANGE OF IDEAS AND CULTURAL ACTIVITIES AMONG PEOPLE OF DIFFERENT NATIONS. ACI'S PROGRAM IS CARRIED OUT IN THE UNITED STATES AND FOREIGN COUNTRIES.ACI ACHIEVES THIS BY PROVIDING GRANTS AND PROGRAM LOANS, AS WELL AS THE USE OF PHYSICAL FACILITIES, TO ORGANIZATIONS IN THE UNITED STATES AND OTHER COUNTRIES THAT OPERATE IN FURTHERANCE OF ACI'S MISSION. ACI ALSO OWNS AND OPERATES THE SAXUM CENTER ("SAXUM") IN ABU GOSH, ISRAEL. SAXUM CONSISTS OF A CONFERENCE CENTER WHICH OPERATES WORKSHOPS, CONFERENCES AND SPIRITUAL RETREATS; AND A VISITOR CENTER PROVIDING ORIENTATION AND INFORMATION RESOURCES FOR INDIVIDUALS AND GROUPS VISITING THE HOLY LAND. 7 6 3 0 0 0 2424437 11468179 990757 430446 7964629 -354759 -58885 4370397 11320938 15914263 3348029 7263397 0 0 579064 635139 0 0 0 4472315 4012973 8399408 11911509 2921530 4002754 221264243 242244285 278098 219486 220986145 242024799 X ACI PROVIDES A PROGRAM OF SUPPORT AND ASSISTANCE TO OTHER NOT-FOR-PROFIT ORGANIZATIONS AND EDUCATIONAL AND VOCATIONAL TRAINING INSTITUTIONS FROM ELEMENTARY LEVEL THROUGH GRADUATE STUDIES. ACI EMPHASIZES THE PROMOTION OF INTERNATIONAL UNDERSTANDING AND THE INTERCHANGE OF IDEAS AND CULTURAL ACTIVITIES AMONG PEOPLE OF DIFFERENT NATIONS. ACI'S PROGRAM IS CARRIED OUT IN THE UNITED STATES AND FOREIGN COUNTRIES. ACI ACHIEVES THIS BY PROVIDING GRANTS AND LOANS THAT ARE INTEREST-FREE OR BEAR BELOW-MARKET INTEREST RATES TO ORGANIZATIONS THAT FOSTER AND FACILITATE CHARITABLE AND EDUCATIONAL PROGRAMS. ACI ALSO OWNS AND MAINTAINS REAL PROPERTY FACILITIES IN ITALY AND ISRAEL. THOSE FACILITIES ARE MADE AVAILABLE RENT-FREE TO EDUCATIONAL AND CULTURAL INSTITUTIONS OPERATED BY NOT-FOR-PROFIT ORGANIZATIONS. ACI ALSO OWNS AND OPERATES THE SAXUM CENTER IN ISRAEL WHICH OFFER WORKSHOPS, CONFERENCES AND SPIRITUAL RETREATS; AS WELL AS A VISITOR CENTER PROVIDING ORIENTATION FOR PILGIRMS TO THE HOLY LAND. 0 0 7362612 7263397 0 MADE EDUCATIONAL AND TRAINING GRANTS TO FOREIGN AND DOMESTIC INSTITUTIONS. ALSO MANAGED PROGRAM LOANS TO FOREIGN AND DOMESTIC INSTITUTIONS. 833090 DEVELOPED AND MAINTAINED INSTITUTIONAL PROPERTIES IN JERUSALEM AND ROME USED BY CHARITABLE, EDUCATIONAL AND TRAINING INSTITUTIONS. PROGRAM EXPENSES INCLUDE $636,002 IN PROPERTY DEPRECIATION. 2609030 132262 SAXUM CENTER CONSISTS OF A CONFERENCE CENTER WHICH OPERATES WORKSHOPS, CONFERENCES AND SPIRITUAL RETREATS; AS WELL AS A VISITOR CENTER. PROGRAM EXPENSES INCLUDE $1,839,971 IN PROPERTY DEPRECIATION. 190668 298184 190668 298184 10995400 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 4 0 1 3 1 0 1 IS IT 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X WILLIAM P ORCHARD PRESIDENT 2122976199 420 LEXINGTON AVENUE SUITE 300 NEW YORK NY 10170 FEDERICO RIERA-MARSA V.P./TREASURER/DIRECTOR 4.00 X X 0 0 0 WILLIAM P ORCHARD PRESIDENT/DIREC 40.00 X X 105000 0 0 LUIS E TELLEZ DIRECTOR 1.00 X 0 0 0 JOHN E FAGAN DIRECTOR 1.00 X 0 0 0 BRENDAN F QUIGLEY SECRETARY/DIRECTOR 1.00 X X 0 0 0 TIMOTHY BARRY DIRECTOR 1.00 X 0 0 0 JULIEN NAGORE DIRECTOR 2.00 X 0 0 0 ANDREW P O'MEARA EXECUTIVE DIRECTOR 40.00 X 140000 0 0 245000 0 0 2 0 0 0 PHILADELPHIA TRUST COMPANY 1760 MARKET STREET PHILADELPHIA PA 19103 INVESTMENT MANAGEMENT 337427 VERUS 800 FIFTH AVENUE SUITE 3900 SEATTLE WA 98104 INVESTMENT MANAGEMENT 190000 SHOHAM FINANCIAL SERVICES 1 MANTUR STREET MODIIN IS ACCOUNTING AND FINANCIAL 102482 3 11468179 11468179 SERVICE AGREEMENTS 561000 190668 190668 SAXUM CONFERENCE CENTER 624110 132262 132262 PROGRAM LOAN INTEREST 522291 107516 107516 430446 3189048 3189048 48250827 51794634 -3543807 -3543807 -3543807 PARTNERSHIP EARNINGS (LOSS) 523000 4370397 4370397 4370397 15914263 430446 0 4015638 7263397 7263397 245000 215250 29750 337543 231975 105568 28335 24710 3625 24261 21158 3103 420795 102301 318494 31037 31037 18707 18707 415765 415765 11495 6947 4548 15823 7805 8018 516830 509701 7129 5482 5284 198 399 399 2475973 2475973 30648 30648 PROGRAM SUPPLIES 55536 55536 MARKETING 10682 10682 BANK AND CREDIT CARD FE 3801 2996 805 11911509 10995400 916109 0 10544 2339497 6544255 106286399 49941464 58942033 56344935 106246846 111618881 45521860 61038061 7646020 6311561 557443 386592 221264243 242244285 154767 122275 123331 97211 278098 219486 X 174597610 185081700 46388535 56943099 220986145 242024799 221264243 242244285 X 4002754 17347917 -312017 X 0 0 0 X 1643354 2678367 2572540 2424437 11468179 20786877 1643354 2678367 2572540 2424437 11468179 20786877 9241364 11545513 1345710 1391540 2249183 4124798 3189048 12300279 441257 1612065 -1520167 -58885 4370397 4844667 37931823 2919003 0.30440 0.47910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41957167 5034773 10681170 36310770 38230642 4252425 525900 41957167 41961359 -2922617 808100 38230642 38683054 4411503 1133198 41961359 35363535 4282338 962819 38683054 0 0 7260171 7260171 97457117 48951172 48505945 1569111 990292 578819 56344935 SELECT EQT INFRASTR FUNDS 1177148 F ZILKHA PTRS SPEC OPPORT 5748271 F SELECT EQT CREDIT OPPORTUNITIES III FD 1653807 F OAKTREE GLOBAL CREDIT FUND 7595457 F PRINCIPAL DIVERSIFIED REAL ASSET FUND 8262259 F ACADIAN ALL COUNTRY WORLD EX US FUND 22125222 F AUDAX PRIVATE EQUITY FUND VII 1392908 F GRIDIRON CAPITAL FUND 1993193 F FIDELITY INVESTMENTS 10362122 F ARES SENIOR DIRECT LENDIG FUND 727674 F 61038061 X 32789390 17347917 17347917 15441473 415765 57024 472789 15914262 11911508 0 11911508 0 11911508 PART V, LINE 4: ONGOING SUPPORT OF SAXUM CENTER. PART X, LINE 2: ACI IS A TAX-EXEMPT CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND IS NOT A PRIVATE FOUNDATION UNDER THE CODE. MANAGEMENT OF ACI BELIEVES IT HAS ADEQUATE SUPPORT FOR POSITIONS TAKEN ON ITS INFORMATION RETURN OF EXEMPT ORGANIZATION (FORM 990) AND, ACCORDINGLY, BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD AFFECT ITS TAX-EXEMPT STATUS. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, NEW AUTHORITATIVE RULINGS AND ITS OPERATING CHARACTERISTICS TO COMPLY WITH ITS STATUS AS A TAX-EXEMPT CHARITABLE ORGANIZATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: FOREIGN EXCHANGE LOSS 57,024. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 NON-CASH REDUCTION OF LOAN BALANCE SUPPORT OF EDUCATIONAL, TRAINING AND STUDY CENTERS. 75002 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 OPERATING AND CONSTRUCTION GRANTS SUPPORT OF EDUCATIONAL, TRAINING AND STUDY CENTERS. 208967 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 OPERATING AND CONSTRUCTION GRANTS SUPPORT OF EDUCATIONAL, TRAINING AND STUDY CENTERS..LIST 69 _ 3DCAMPOS - 11/04/24 14:22 PM WORKSHEET SCHEDULE F - STATEMENT OF ACTIVITIES OUTSIDE THE U.S. _ 360033 _ 123331 1088855 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 OPERATING, CONSTRUCTION, AND NON-CASH GRANTS SUPPORT OF EDUCATIONAL, TRAINING AND STUDY CENTERS. 6092961 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 OPERATING AND CONSTRUCTION GRANTS SUPPORT OF EDUCATIONAL, TRAINING AND STUDY CENTERS. 766385 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM LOANS SUPPORT OF EDUCATIONAL, TRAINING AND STUDY CENTERS. 1052800 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM LOANS SUPPORT OF EDUCATIONAL, TRAINING AND STUDY CENTERS. 1320075 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM LOANS SUPPORT OF EDUCATIONAL, TRAINING AND STUDY CENTERS. 931999 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM LOANS SUPPORT OF EDUCATIONAL, TRAINING AND STUDY CENTERS. 850362 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 OPERATING EXPENDITURES SUPPORT OF EDUCATIONAL, TRAINING AND STUDY CENTERS. 55260 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 OPERATING EXPENDITURES SUPPORT OF EDUCATIONAL, TRAINING AND STUDY CENTERS. 40619 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 1 0 OPERATING EXPENDITURES HOLY LAND CONFERENCE AND VISITOR CENTER 995855 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 CAPITAL INVESTMENT PROGRAM-RELATED REAL ESTATE MADE AVAILABLE FREE TO EDUCATIONAL NON-PROFIT ORGS 1269645 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 CAPITAL INVESTMENT PROGRAM-RELATED REAL ESTATE MADE AVAILABLE FREE TO EDUCATIONAL NON-PROFIT ORGS 10996593 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 CAPITAL INVESTMENT HOLY LAND CONFERENCE AND VISITOR CENTER 44078696 0 0 1 0 1 0 11537044 58287030 69824074 EUROPE (INCLUDING ICELAND & GREENLAND) OPERATING SUPPORT FOR EDUCATIONAL FACILITIES 168348 WIRE TRANSFER 0 BOOK VALUE SOUTH AMERICA OPERATING SUPPORT FOR EDUCATIONAL FACILITIES 5859336 NOTICE 0 LOAN FORGIVENESS BOOK VALUE MIDDLE EAST AND NORTH AFRICA OPERATING SUPPORT FOR EDUCATIONAL FACILITIES 93000 WIRE TRANSFER 0 BOOK VALUE SOUTH AMERICA OPERATING SUPPORT FOR EDUCATIONAL FACILITIES 0 WIRE TRANSFER 233625 BOOK VALUE SUB-SAHARAN AFRICA OPERATING SUPPORT FOR EDUCATIONAL FACILITIES 766385 WIRE TRANSFER 0 BOOK VALUE CENTRAL AMERICA AND THE CARIBBEAN OPERATING SUPPORT FOR EDUCATIONAL FACILITIES 0 NOTICE 75002 REDUCTION OF LOAN BALANCE BOOK VALUE 16 0 0 0 0 0 0 0 PART I, LINE 2: THE FOLLOWING PROVISIONS ARE INCLUDED IN ALL GRANT AND LOAN AGREEMENTS: RECORDKEEPING: THE GRANTEE AGREES TO MAINTAIN ITS BOOKS AND RECORDS IN A MANNER WHICH SATISFIES SEC. 53.4945-5(C)(3) OF THE INTERNAL REVENUE CODE AND IN SUCH A WAY THAT FUNDS FROM ACI WILL BE SHOWN SEPARATELY ON THE GRANTEE'S BOOKS. EXPENDITURES MADE BY THE GRANTEE IN FURTHERANCE OF THE PURPOSES SPECIFIED IN THE GRANT AGREEMENT MUST BE CHARGED AGAINST THE GRANT. THE GRANTEE WILL MAINTAIN RECORDS OF SUCH EXPENDITURES ADEQUATE TO IDENTIFY THE USE OF THE FUNDS FOR THE SPECIFIED PURPOSES. REPORTS TO ACI: WITH RESPECT TO THE PRINCIPAL AMOUNT OF THE GRANT IN ITS ENTIRETY, THE GRANTEE SHALL SUPPLY ACI WITH A REPORT OR REPORTS SHOWING (A) THE USE OF THE GRANT FUNDS BASED UPON THE RECORDS OF THE GRANTEE, DETAILING ALL EXPENDITURES MADE FROM SUCH FUNDS (INCLUDING SALARIES, EQUIPMENT, SUPPLIES, TRAVEL, ETC.) AND (B) THE PROGRESS MADE BY THE GRANTEE TOWARD ACHIEVING THE PURPOSES FOR WHICH THE GRANT WAS MADE. SUCH A REPORT SHALL BE MADE FOR THE FIRST FISCAL YEAR OF THE GRANTEE IN WHICH ANY AMOUNT OF THE GRANT WAS PAID TO THE GRANTEE. IF THE GRANT IS NOT FULLY EXPENDED BY THE GRANTEE WITHIN SUCH FIRST FISCAL YEAR, SUCH A REPORT SHALL BE MADE FOR EACH FISCAL YEAR THEREAFTER UNTIL COMPLETION OF THE USE OF THE GRANT FUNDS, OR UNTIL ACI ADVISES THE GRANTEE, IN WRITING, THAT SUCH REPORTS WILL NO LONGER BE REQUIRED. A FINAL REPORT ON ALL EXPENDITURES FROM THE GRANT FUNDS WILL ALSO BE MADE. EACH REPORT REQUIRED TO BE MADE HEREUNDER SHALL BE MADE TO ACI WITHIN SIXTY (60) DAYS AFTER THE CLOSE OF EACH FISCAL YEAR. AVAILABILITY OF GRANTEE'S RECORDS: THE GRANTEE WILL MAINTAIN ITS RECORDS OF EXPENDITURES FROM THE GRANT, AS WELL AS COPIES OF THE REPORTS SUBMITTED BY IT TO ACI WITH RESPECT TO SUCH GRANT, FOR AT LEAST FOUR (4) YEARS AFTER COMPLETION OF THE USE OF THE GRANT FUNDS. IT WILL MAKE BOOKS AND RECORDS AVAILABLE TO ACI AT REASONABLE TIMES DURING SUCH PERIOD. 1 ASVEPROE LLC 8875 NW 99 AVENUE DORAL FL 33178 364973279 0 0 GRANT FOR ASOCIACION VENEZOLANA DE PROM. EDUCATIVA (AVPE) ASAC USA INCORPORATED 6823 NW 113TH PLACE DORAL FL 33178 863139616 501(C)(3) 943331 0 GRANT FOR ASOCIACION DE ARTE Y CIENCIA (ASAC) CLOVER FOUNDATION 420 LEXINGTON AVENUE NEW YORK NY 10170 742390003 501(C)(3) 0 0 GRANT FOR COPPER RIDGE FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS CIRCULATED TO BOARD MEMBERS FOR REVIEW AND COMMENT BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C TWO OFFICERS AND AN INDEPENDENT DIRECTOR REVIEW TRANSACTIONS IN DETAIL ON A MONTHLY BASIS TO MONITOR FOR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS COMPENSATION OF ALL EMPLOYEES ANNUALLY AND DOCUMENTS COMPENSATION IN THE MINUTES. COMPARABILITY DATA INCLUDES INFORMATION FROM PUBLICLY-AVAILABLE FORM 990 FILINGS OF SIMILAR ORGANIZATIONS AND OTHER PUBLICLY AVAILABLE SOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES DOCUMENTS PUBLIC IN THE MANNER PRESCRIBED BY THE INTERNAL REVENUE CODE AND STATE CHARITIES LAWS. FORM 990, PART XI, LINE 9: CURRENCY ADJUSTMENT - CONSOLIDATED NET ASSETS OF ISRAELI SUBSIDIARY -254,993. OTHER GAINS (LOSSES) -57,024. SAXUM LTD (CC) PO BOX 31218 JERUSALEM IS 9131101 980608393 HOLY LAND CONFERENCE AND VISITOR CENTER IS NONE