2025-07-08T16:54:00-05:00 2024-09-30 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2023-10-01 131568923 AMERICAN FRIENDS OF HEBREW UNIVERSITY INC AMER 2126078500 199 WATER STREET 11TH FLOOR NEW YORK NY 10038 ARIEL LONDONO CFO 2126078500 2025-07-07 1 0 SCOTT THOMPSETT P00741490 2125990100 2023 2025-03-06 01:10:19Z JOSHUA REDNIK 199 WATER STREET 11TH FLOOR NEW YORK NY 10038 412565139 0 X WWW.AFHU.ORG X 1931 NY SUPPORT THE HEBREW UNIV. OF JERUSALEM, ISRAEL'S FOREMOST CENTER OF HIGHER EDU. & RESEARCH. 57 57 49 218 -139937 0 56988754 44853143 786056 0 27213864 123792827 -637466 -1171522 84351208 167474448 56335213 65448125 0 0 8586545 8645474 257700 264000 6450737 5797069 4662673 70976527 79020272 13374681 88454176 816537803 945651004 40111611 56899495 776426192 888751509 X SEE SCHEDULE O 0 0 67856048 65448125 0 THE AMERICAN FRIENDS OF THE HEBREW UNIVERSITY'S (AFHU) PRIMARY EXEMPT PURPOSE IS TO PROMOTE, ENCOURAGE, AID AND ADVANCE HIGHER AND SECONDARY EDUCATION, RESEARCH AND TRAINING IN ALL BRANCHES OF KNOWLEDGE IN ISRAEL AND ELSEWHERE, AND TO AID IN THE MAINTENANCE AND DEVELOPMENT OF THE HEBREW UNIVERSITY OF JERUSALEM IN THE STATE OF ISRAEL (THE "HEBREW UNIVERSITY"). GRANTS AWARDED TO HEBREW UNIVERSITY INCLUDE, BUT ARE NOT LIMITED TO, THOSE FOR SCHOLARSHIPS AND FELLOWSHIPS, RESEARCH, CAPITAL PROJECTS, FACULTY RECRUITMENT, AND EQUIPMENT. AFHU'S FUNDRAISING EFFORTS ARE QUITE EXTENSIVE AND RESULT IN THE CULTIVATION OF DONOR RELATIONSHIPS THAT RESULT IN CONTRIBUTIONS DIRECTLY TO HEBREW UNIVERSITY (I.E. NOT USING AFHU AS AN INTERMEDIARY). FOR THE YEAR ENDING SEPTEMBER 30, 2024, AFHU IDENTIFIED APPROXIMATELY $6.1M IN DONATIONS DIRECTLY TO HEBREW UNIVERSITY THAT WERE A DIRECT RESULT OF AFHU'S FUNDRAISING AND MARKETING EFFORTS. 67856048 1 1 0 0 0 1 0 0 1 1 1 1 0 1 1 1 0 1 0 0 1 1 0 1 1 0 0 1 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 65 0 1 49 1 1 1 1 IS 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 57 57 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X ARIEL LONDONO CFO 2126078569 199 WATER STREET 11TH FL NEW YORK NY 10038 X PAMELA N EMMERICH PRESIDENT 10.00 0.00 X X 0 0 0 CLIVE KABATZNIK BOARD CHAIR 10.00 0.00 X X 0 0 0 JOSHUA OLSHIN TREASURER 5.00 0.00 X X 0 0 0 DR MICHAEL S KURTZ ASSIST. TREASURER 1.00 0.00 X X 0 0 0 I STEVEN EDELSON SECRETARY 1.00 0.00 X X 0 0 0 KENNETH L STEIN ESQ VICE PRESIDENT 1.00 0.00 X X 0 0 0 RONALD M ZIMMERMAN VICE PRESIDENT 1.00 0.00 X X 0 0 0 ETY ALCALAY DIRECTOR 1.00 0.00 X 0 0 0 JOHN H BAUMAN DIRECTOR 1.00 0.00 X 0 0 0 BARRY BERKETT DIRECTOR 1.00 0.00 X 0 0 0 ANNETTE BLUM DIRECTOR 1.00 0.00 X 0 0 0 JAMES BLUM DIRECTOR 1.00 0.00 X 0 0 0 ROBERTA BOGEN DIRECTOR 1.00 0.00 X 0 0 0 STANLEY M BOGEN DIRECTOR 1.00 0.00 X 0 0 0 JOYCE BRANDMAN DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL CYPERS DIRECTOR 1.00 0.00 X 0 0 0 JANE FEINSTEIN DIRECTOR 1.00 0.00 X 0 0 0 PETER FEINSTEIN DIRECTOR 1.00 0.00 X 0 0 0 RUTH FLINKMAN-MARANDY DIRECTOR 1.00 0.00 X 0 0 0 STEVE FRANKEL DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL J FREED DIRECTOR 1.00 0.00 X 0 0 0 JULIE GAL DIRECTOR 1.00 0.00 X 0 0 0 MARK GENENDER DIRECTOR 1.00 0.00 X 0 0 0 PATRICIA L GLASER DIRECTOR 1.00 0.00 X 0 0 0 STEVEN GOOD DIRECTOR 1.00 0.00 X 0 0 0 RICHARD GOODMAN DIRECTOR 1.00 0.00 X 0 0 0 NEAL GROSSMAN DIRECTOR (THRU 01/2024) 1.00 0.00 X 0 0 0 ARTHUR GUTTERMAN DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM H ISACOFF DIRECTOR 1.00 0.00 X 0 0 0 RENAE JACOBS-ANSON DIRECTOR 1.00 0.00 X 0 0 0 HELEN JACOBS-LEPOR DIRECTOR 1.00 0.00 X 0 0 0 EMMA JOELS DIRECTOR 1.00 0.00 X 0 0 0 FRANCES KATZ DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM KILBERG DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY T KUVIN DIRECTOR (AS OF 05/2024) 1.00 0.00 X 0 0 0 BARRY H LIPPMAN DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL LOBEL DIRECTOR 1.00 0.00 X 0 0 0 MINDY MANN DIRECTOR 1.00 0.00 X 0 0 0 JAMES E MATANKY DIRECTOR 1.00 0.00 X 0 0 0 MARC O MAYER DIRECTOR 1.00 0.00 X 0 0 0 JEREMY MERRIN DIRECTOR (AS OF 05/2024) 1.00 0.00 X 0 0 0 BENO MICHEL DIRECTOR 1.00 0.00 X 0 0 0 BARBARA NATTERSON-HOROWITZ DIRECTOR 1.00 0.00 X 0 0 0 ANNETTE PAKULA DIRECTOR 1.00 0.00 X 0 0 0 DAVID RICANATI DIRECTOR 1.00 0.00 X 0 0 0 RICHARD ROTHSCHILD DIRECTOR 1.00 0.00 X 0 0 0 HERBERT L SACHS DIRECTOR 1.00 0.00 X 0 0 0 SAM SANDLER DIRECTOR 1.00 0.00 X 0 0 0 GEORGE A SCHIEREN DIRECTOR 1.00 0.00 X 0 0 0 DANIEL I SCHLESSINGER DIRECTOR 1.00 0.00 X 0 0 0 SHERYL SCHWARTZ DIRECTOR 1.00 0.00 X 0 0 0 TOM SELMAN DIRECTOR (AS OF 05/2024) 1.00 0.00 X 0 0 0 MARC SELTZER DIRECTOR 1.00 0.00 X 0 0 0 BARRY SKOLNICK DIRECTOR 1.00 0.00 X 0 0 0 DAVID BRUCE SMITH DIRECTOR 1.00 0.00 X 0 0 0 IRA LEE SORKIN DIRECTOR 1.00 0.00 X 0 0 0 ERIC C STEIN DIRECTOR 1.00 0.00 X 0 0 0 MARY ANN TUFT DIRECTOR (THRU 01/2024) 1.00 0.00 X 0 0 0 RICHARD S ZIMAN DIRECTOR 1.00 0.00 X 0 0 0 JOSHUA REDNIK CEO 50.00 0.00 X 486490 0 78145 BETH MCCOY CEO EMERITA (THRU 12/2023) 50.00 0.00 X 405840 0 86354 ELISSA FISHMAN CFO/COO (THRU 05/2024) 50.00 0.00 X 370389 0 68972 ALISON FREED CHIEF DEVELOPMENT OFFICER 50.00 0.00 X 236328 0 18794 ARIEL LONDONO CFO/COO (AS OF 04/2024) 50.00 0.00 X 222338 0 58007 MONICA LOEBL NAT'L DIRECTOR OF DEVELOPMENT 50.00 0.00 X 330666 0 40467 EILEEN HUME CHIEF STRATEGY OFFICER 50.00 0.00 X 323352 0 67275 GLENNYS HUHN CHIEF HUMAN RESOURCES OFFICER 50.00 0.00 X 298040 0 25586 MAURA MILLES EXECUTIVE DIRECTOR - NE REGION 40.00 0.00 X 259875 0 62834 JUSTIN PRESSMAN EXECUTIVE DIR - WESTERN REGION 40.00 0.00 X 253218 0 22452 ROBIN MILICH SENIOR PHILANTHROPY OFFICER 40.00 0.00 X 243648 0 46991 3430184 0 575877 24 0 1 0 ELECTRIC SYMPHONY MEDIA PO BOX 21940 NEW YORK NY 10087 MARKETING AND ADVERTISING 520257 SECURITY CAPITAL RESEARCH & MANAGEMENT CHASE TOWER 10 S DEARBON ST CHICAGO IL 60603 INVESTMENT MANAGEMENT FEES 335022 FUSE FUNDRAISING 12355 SUNRISE VALLEY DR STE 240 RESTON VA 20191 FUNDRAISING CONSULTANT 333661 ONLINE COMPUTERS AND COMMUNICATIONS LLC PO BOX 428 FLORHAM PARK NJ 07932 INFORMATION TECHNOLOGY CONSULTING 274879 GRANT THORNTON LLP 3333 FINLEY ROAD SUITE 700 DOWNERS GROVE IL 60515 ACCOUNTING 190357 7 4510014 40343129 1771355 44853143 13085409 -139937 13225346 97449 97449 1665 0 1665 1665 1665 354355793 243648375 110707418 110707418 110707418 171680 4510014 1442316 -1270636 -1270636 167474448 0 -139937 122761242 108611 108611 65339514 65339514 2059448 322218 777863 959367 4971182 934350 1258635 2778197 320011 57031 109380 153600 829902 146313 285847 397742 464931 83682 143181 238068 66260 2252 57503 6505 253402 253402 264000 264000 785812 785812 335176 73941 37769 223466 472627 93965 2394 376268 269989 38244 117495 114250 387179 5024 370648 11507 724056 89014 325036 310006 296069 102382 59111 134576 25860 6465 6465 12930 68122 8648 31503 27971 143153 26466 46265 70422 EVENTS 353306 353306 DIRECT MAIL 222744 4466 218278 PRINTING AND LETTERSHOP 194406 51112 408 142886 MISCELLANEOUS EXPENSES 64512 9044 44770 10698 79020272 67856048 4713487 6450737 4094159 3677049 21790772 24371583 55645911 54542112 1753070 333925 1454169 1419145 443930620 551634468 235638531 230080797 53983641 79925850 816537803 945651004 1777333 1730524 16826737 15986647 15243602 14708976 6263939 24473348 40111611 56899495 X 26975750 35051998 749450442 853699511 776426192 888751509 816537803 945651004 X 88454176 15855607 8015534 X 0 1 X 1 0 X 59244634 48831083 63169463 56988754 44853143 273087077 59244634 48831083 63169463 56988754 44853143 273087077 83632995 189454082 11223227 10070366 11987008 12927960 13184523 59393084 65256 136848 1218824 83450 171680 1676058 334156219 980601 0.56700 0.58450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENTS - 2019 AMOUNT: $ 65,256. 2020 AMOUNT: $ 136,848. 2021 AMOUNT: $ 1,218,824. 2022 AMOUNT: $ 83,450. 2023 AMOUNT: $ 171,680. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 27500 188052 1 1 0 1 X 683239223 5920045 121693087 31342422 779509933 651624236 4215869 57193320 29794202 683239223 803340820 9498262 -132887900 28326946 651624236 652879613 8818935 167655172 26012900 803340820 609777623 7032304 60464829 24395143 652879613 0.00430 0.87600 0.11970 1 0 388799 388799 520216 520216 170080 127210 42870 673975 206715 467260 1419145 HEDGE FUNDS 127712824 F PRIVATE EQUITY 55155632 F VENTURE CAPITAL 27013939 F REAL ESTATE 19985462 F STATE OF ISRAEL BONDS 212940 F 230080797 TRUST & SPLIT INT AGREEMENTS 51410424 INT RECEIVABLE & OTHER ASSETS 4585916 BRANDMAN PARK CONDITIONAL GRANT RECEIVABLE 18565443 RIGHT-OF-USE ASSETS 4808545 OTHER LONG-TERM ASSETS 555522 79925850 POST RETIREMENT BENEFIT OBLIGATIONS 675379 LEASE LIABILITY OBLIGATIONS 5241115 BRANDMAN SCIENCE PARK LIABILITY 18556854 24473348 X 190206471 15855607 8015534 23871141 166335330 785812 353306 1139118 167474448 77881154 0 77881154 785812 353306 1139118 79020272 PART IV, LINE 2B: AFHU IS A BENEFICIARY UNDER CERTAIN SPLIT-INTEREST AGREEMENTS IN WHICH THE DONOR HAS ESTABLISHED A CHARITABLE REMAINDER UNITRUST, ANNUITY TRUST OR CHARITABLE GIFT ANNUITY WITH SPECIFIED DISTRIBUTIONS TO BE MADE OVER THE TERM OF THE TRUST TO THE DONOR AND/OR OTHER BENEFICIARIES. AFHU MANAGES AND INVESTS THESE ASSETS ON BEHALF OF THESE BENEFICIARIES UNTIL THE AGREEMENT EXPIRES AND THE ASSETS ARE DISTRIBUTED. PART V, LINE 4: ENDOWMENTS FUNDS THE AMERICAN FRIENDS OF HEBREW UNIVERSITY HOLDS AN ENDOWMENT FOR THE PURPOSE OF GENERATING INCOME THAT WILL ULTIMATELY BE USED TO SUPPORT THE HEBREW UNIVERSITY'S EDUCATIONAL MISSION. PART X, LINE 2: INCOME TAXES THE ORGANIZATION FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT THE REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER INTERNAL REVENUE CODE (THE "CODE") SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 4,761,208. CHANGES IN ASSETS OF TRUSTS AND OTHER SPLIT-INTEREST AGREEMENTS HELD BY OTHERS 3,254,326. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES RECLASSED TO OFFSET PART IX 353,306. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES RECLASSED TO OFFSET PART IX 353,306. SCHEDULE D, PART I AFHU IS PROVIDING ADDITIONAL DETAIL ON ITS DONOR ADVISED FUNDS SINCE THE IRS PROVIDED SCHEDULE DOES NOT ACCURATELY REFLECT THE TRANSACTIONS IN THE CURRENT YEAR (WHICH ARE REPORTED ON LINE 3). BEGINNING YEAR BALANCE $204,714 GIFTS TO HU/AFHU & OTHER $(27,500) INCOME AND DIVIDENDS $10,839 END OF YEAR BALANCE $188,052 1 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 65339514 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 90859549 MIDDLE EAST AND NORTH AFRICA 0 0 INVESTMENTS 11386884 0 0 0 0 0 0 167585947 0 167585947 MIDDLE EAST/NORTH AFRICA GENERAL 65239849 WIRE 0 MIDDLE EAST/NORTH AFRICA GENERAL PURPOSES OF SCHOOL 50528 WIRE 0 MIDDLE EAST/NORTH AFRICA RESEARCH IN EXPERIMENTAL SURGERY BY THE MEDICAL FACULTY AND FOR LECTURESHIP 49137 WIRE 0 3 0 1 0 1 1 1 0 PART I, LINE 2: ACTIVITIES OUTSIDE THE UNITED STATES THE AMERICAN FRIENDS OF THE HEBREW UNIVERSITY EMPLOYS THE SERVICES OF A CPA FIRM TO VERIFY THAT GRANTS TO THE HEBREW UNIVERSITY ARE SPENT FOR THE PURPOSES FOR WHICH THE DONOR INTENDED. FORM 990, SCHEDULE F, PART IV: THE AMERICAN FRIENDS OF HEBREW UNIVERSITY (AFHU) INVESTS DIRECTLY IN VARIOUS ALTERNATIVE INVESTMENTS THAT MAY BE ORGANIZED AS EITHER FOREIGN CORPORATIONS OR FOREIGN PARTNERSHIPS; IT, LIKEWISE, INVESTS IN DOMESTIC LIMITED PARTNERSHIPS THAT MAY, IN TURN, INVEST IN FOREIGN CORPORATIONS OR PARTNERSHIPS. NEVERTHELESS, AFHU'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR THE FILING OF FORMS 926, 5471, 8621, OR 8865. TO THE EXTENT THAT AFHU IS REQUIRED TO COMPLETE ONE (OR MORE) OF THESE FOREIGN FORMS, IT IS FILED WITH AFHU'S FORM 990-T FILING. X X X X X X X 1 FUSE FUNDRAISING 12355 SUNRISE VALLEY DR STE 240 RESTON VA 20191 DIRECT MAIL SERVICES 0 152804 168000 -15196 NEAL P MYERBERG 179 SHORE ROAD OLD GREENWICH CT 06870 PLANNED GIVING 0 55813 96000 -40187 208617 264000 -55383 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI BEL AIR AFFAIR 1124870 1098820 26050 134296 32543 117335 113385 PALM BEACH SCOPUS 1243351 1222951 20400 126021 81268 53459 54929 8 2313473 2188243 125230 302270 121132 144288 161390 4681694 4510014 171680 562587 234943 315082 329704 1442316 -1270636 1 TRUSTEES OF BOSTON UNIVERSITY 881 COMMONWEALTH AVENUE BOSTON MA 02215 042103547 501(C)(3) 44843 0 STUDENT EXCHANGE PROGRAM BETWEEN HADASSAH & BOSTON UNIVERSITY HADASSAH WOMEN'S ZIONIST ORGANIZATION OF AMERICA 40 WALL STREET NEW YORK NY 10005 131656651 501(C)(3) 33232 0 MORTON AMSTERDAM CHAIR IN PERIODONTAL PROSTHESIS IN THE SCHOOL OF DENTAL MEDICIN AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE 55 EAST 59TH STREET 14TH FLOOR NEW YORK NY 10022 130434195 501(C)(3) 18036 0 ALEXANDER & MAGARET EHRENSTEIN MEMORIAL SCHOLARSHIPS 3 0 PART I, LINE 2: GRANT MONITORING PROCEDURES GRANTS MADE WITHIN THE UNITED STATES ARE LIMITED TO 501(C)(3) ORGANIZATIONS THAT ARE ACTIVE IN FULFILLING THE CHARITABLE PURPOSES OF THE AMERICAN FRIENDS OF HEBREW UNIVERSITY. GRANTS ARE MADE TO SELECT CHARITIES THAT UNDERTAKE PROGRAMMATIC ACTIVITIES SUPPORTING AFHU AND THUS NO FURTHER MONITORING OF THE GRANTS IS REQUIRED AFTER ISSUANCE. X 0 1 X X X 0 1 0 0 0 0 0 1 0 JOSHUA REDNIK CEO 420490 0 66000 0 0 0 14850 0 63295 0 564635 0 0 0 BETH MCCOY CEO EMERITA (THRU 12/2023) 303538 0 100000 0 2302 0 38475 0 47879 0 492194 0 0 0 ELISSA FISHMAN CFO/COO (THRU 05/2024) 345389 0 25000 0 0 0 29700 0 39272 0 439361 0 0 0 EILEEN HUME CHIEF STRATEGY OFFICER 298352 0 25000 0 0 0 28003 0 39272 0 390627 0 0 0 MONICA LOEBL NAT'L DIRECTOR OF DEVELOPMENT 315666 0 15000 0 0 0 28093 0 12374 0 371133 0 0 0 GLENNYS HUHN CHIEF HUMAN RESOURCES OFFICER 273040 0 25000 0 0 0 24577 0 1009 0 323626 0 0 0 MAURA MILLES EXECUTIVE DIRECTOR - NE REGION 249875 0 10000 0 0 0 23562 0 39272 0 322709 0 0 0 ROBIN MILICH SENIOR PHILANTHROPY OFFICER 240148 0 3500 0 0 0 10769 0 36222 0 290639 0 0 0 ARIEL LONDONO CFO/COO (AS OF 04/2024) 205338 0 17000 0 0 0 18935 0 39072 0 280345 0 0 0 JUSTIN PRESSMAN EXECUTIVE DIR - WESTERN REGION 243218 0 10000 0 0 0 6936 0 15516 0 275670 0 0 0 ALISON FREED CHIEF DEVELOPMENT OFFICER 226328 0 10000 0 0 0 0 0 18794 0 255122 0 0 0 PART I, LINE 1A THE CEO EMERITA, BETH MCCOY, RECEIVED A TAX GROSS-UP IN CALENDAR YEAR 2023. THE AMOUNT IS INCLUDED ON HER FORM W-2 AND DISCLOSED ON THIS RETURN AS OTHER REPORTABLE COMPENSATION. PART I, LINE 4B CEO EMERITA, BETH MCCOY, PARTICIPATED IN AFHU'S SECTION 457(F) PLAN. THERE WAS NO CONTRIBUTION INTO MS. MCCOY'S SECTION 457(F) PLAN IN CALENDAR YEAR 2023. PART I, LINE 7 AFHU AUTHORIZED BONUSES TO VARIOUS INDIVIDUALS REPORTED ON THE FORM 990 IN CALENDAR YEAR 2023 BASED ON EACH HAVING EXCEEDED CERTAIN OBJECTIVE PERFORMANCE-BASED CRITERIA. BONUSES ARE RECOMMENDED BY THE CEO AND CHIEF HUMAN RESOURCES OFFICER TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS, WHERE SUCH RECOMMENDATIONS ARE DOCUMENTED IN COMMITTEE MEETING MINUTES BEFORE ULTIMATELY BEING AUTHORIZED FOR APPROVAL. NO OFFICER HAS INPUT INTO THE AWARDING OF HIS, HER OR THEIR OWN BONUS. THE CEO'S BONUS IS DETERMINED EXCLUSIVELY BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS, APPLYING THE SAME METHODOLOGIES AS EMPLOYED WITH ALL OTHER EXECUTIVES, BUT ALSO TAKING INTO ACCOUNT THE PARAMETERS OF THE CEO'S WRITTEN EMPLOYMENT CONTRACT TO ENSURE THAT HIS COMPENSATION STAYS WITHIN THE APPROPRIATE BENCHMARKS FOR THE INDUSTRY. MICHAEL KURTZ BOARD MEMBER 34131 INV MGMT 0 SCHEDULE L, PART VI AFHU HOLDS AN INVESTMENT IN UPPER LEFT WEALTH MANAGEMENT, WITH AN APPROXIMATE FMV OF $13,879,433 WHICH IS UNDER THE CONTROL OF A FAMILY MEMBER OF BOARD MEMBER, MICHAEL KURTZ. AFHU PAID THE FIRM $34,131 IN INVESTMENT MANAGEMENT FEES IN THE FISCAL YEAR ENDING SEPTEMBER 30, 2024. THIS INTERESTED PARTY TRANSACTION DOES NOT RENDER MR. KURTZ A NON-INDEPENDENT BOARD MEMBER AS THE TRANSACTION DOES NOT MEET THE $100,000 THRESHOLD REQUIRED BY THE IRS. AFHU IS DISCLOSING THIS TRANSACTION IN THE INTERESTS OF GOOD GOVERNANCE AND TRANSPARENCY. X 32 1771355 COST OR SALE PRICE 0 1 1 FORM 990, SCHEDULE M, LINE 32(A) TO THE EXTENT THAT AFHU RECEIVES NONCASH CONTRIBUTIONS OF MARKETABLE SECURITIES, THE ORGANIZATION'S INVESTMENT CUSTODIAN IS TASKED WITH DISPOSING OF THOSE SECURITIES. FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION AMERICAN FRIENDS OF THE HEBREW UNIVERSITY (AFHU) IS A NATIONAL, NOT-FOR-PROFIT 501 (C)(3) CHARITABLE ORGANIZATION. WE EXIST TO CONNECT THE PASSIONS OF AMERICANS TO THE TALENT AT THE HEBREW UNIVERSITY OF JERUSALEM, ONE OF THE WORLD'S MOST DISTINGUISHED ACADEMIC AND RESEARCH INSTITUTIONS. IN ADDITION TO RAISING AWARENESS FOR THE UNIVERSITY, AFHU'S FUNDRAISING EFFORTS HELP ATTRACT AND RETAIN OUTSTANDING FACULTY, BUILD TEACHING AND RESEARCH FACILITIES, AND PROVIDE SCHOLARSHIPS AND FELLOWSHIPS TO ISRAEL'S NEXT GENERATION OF LEADERS. AFHU'S SUPPORT HELPS THE UNIVERSITY ADVANCE HUMAN UNDERSTANDING IN MYRIAD FIELDS INCLUDING AGRICULTURE, ASTRONOMY, ENERGY, PSYCHOLOGY, MEDICINE, AND MORE. AFHU WAS FOUNDED IN 1925 BY AMERICAN BUSINESSMAN AND PHILANTHROPIST FELIX M. WARBURG. OUR RICH HISTORY GIVES US THE CONFIDENCE TO MOVE FORWARD WITH OUR MISSION. AND WE WILL NEVER STOPBECAUSE KNOWLEDGE MOVES US. FORM 990, PART VI, SECTION A, LINE 2 ROBERTA BOGEN, DIRECTOR AND STANLEY M. BOGEN, DIRECTOR HAVE A FAMILY RELATIONSHIP. JANE FEINSTEIN, DIRECTOR AND PETER FEINSTEIN, DIRECTOR HAVE A FAMILY RELATIONSHIP. KEN STEIN, VICE PRESIDENT AND ERIC STEIN, PRESIDENT OF THE SAN FRANCISCO REGIONAL BOARD HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B 990 REVIEW PROCESS THE ORGANIZATION'S FORM 990 WAS PREPARED BY A NATIONAL TAX ADVISORY FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE DEPARTMENT. IN APRIL OF 2025, THE ORGANIZATION'S OUTSIDE ACCOUNTING FIRM PRESENTED THE FORM 990 TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS TO ENABLE THEM TO FULFILL THEIR DUE DILIGENCE AND OVERSIGHT RESPONSIBILITIES. ONCE APPROVED FOR FILING BY THE AUDIT COMMITTEE, THE FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING AND ENFORCEMENT EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE OF THE ORGANIZATION IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT, BOARD SERVICE, OR POSITION WITH THE ORGANIZATION. THE ORGANIZATION MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS. THE PRESIDENT HAS THE AUTHORITY TO MONITOR THE CONFLICTS OF INTEREST QUESTIONNAIRES AND REPORT THE FINDINGS TO THE BOARD OF DIRECTORS. CONFLICTS, WHEN THEY ARISE, ARE INVESTIGATED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION ALL BONUS/SALARY RECOMMENDATIONS FOR THE CHIEF EXECUTIVE OFFICER ARE DETERMINED BY THE COMPENSATION COMMITTEE WHICH IS COMPRISED OF THE PRESIDENT, TREASURER AND CHAIRMAN OF THE BOARD. THE COMPENSATION COMMITTEE THEN MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE FOR APPROVAL. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE ABOVE-MENTIONED 3 BOARD MEMBERS AND AN ADDITIONAL 17 BOARD MEMBERS. THE FINAL APPROVAL RESTS WITH THE EXECUTIVE COMMITTEE. ALL BONUS/SALARY RECOMMENDATIONS FOR ALL OTHER OFFICERS AND KEY EMPLOYEES ARE MADE BY THE CHIEF EXECUTIVE OFFICER TO THE COMPENSATION COMMITTEE, WHO ULTIMATELY MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE. THE FINAL APPROVAL RESTS WITH THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE OF DOCUMENTS THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG AND ON THE ORGANIZATION'S WEBSITE, WWW.AFHU.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WILL BE MADE AVAILABLE UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VII - BOARD RELATIONSHIPS AFHU HOLDS MARKETABLE SECURITIES WITH AN APPROXIMATE VALUE OF $3,323,478 IN A NON-POOLED ENDOWMENT FUND WHICH IS UNDER THE CONTROL OF THE DONOR AND BOARD MEMBER STANLEY BOGEN. AFHU DOES NOT PAY ANY INVESTMENT MANAGEMENT FEES TO MR. BOGEN'S INVESTMENT FIRM; ACCORDINGLY THIS TRANSACTION DOES NOT NEED TO BE DISCLOSED ON FORM 990, SCHEDULE L. IN THE INTERESTS OF FULL DISCLOSURE, AFHU IS REPORTING THIS RELATIONSHIP ON ITS FORM 990. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 4,761,208. CHANGES IN ASSETS OF TRUSTS AND OTHER SPLIT-INTEREST AGREEMENTS 3,254,326. HEBREW UNIVERSITY OF JERUSALEM MT SCOPUS CAMPUS JERUSALEM IS 91905 237285905 EDUCATION IS 501(C)(3) SCHOOL N/A 0 CHARITABLE REMAINDER ANNUITY TRUST (6) INVESTMENT NY AFHU 1.00000 1 CHARITABLE REMAINDER UNITRUST (13) INVESTMENT NY AFHU 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0