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American Friends of Bar-Ilan University Inc.

American Friends of Bar-Ilan University Inc.

New York, NY 10022
Tax ID46-4198975

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About this organization

Revenue

$13,774,771

Expenses

$16,561,210

Website

afbiu.org

Mission

The American Friends of Bar-Ilan's primary exempt mission is to fundraise and develop philanthropic donors within the U.S. to support Bar-ilan University in Israel.

About

THE AMERICAN FRIENDS OF BAR-ILAN UNIVERSITY (AFBIU) DEVELOPS PHILANTHROPIC SUPPORT FOR BAR-ILAN UNIVERSITY (BIU) IN ISRAEL. AFBIU SEEKS CONTRIBUTIONS AT ALL LEVELS OF GIVING FROM INDIVIDUALS, FAMILIES, FOUNDATIONS AND BUSINESSES WHO EMBRACE THE UNIVERSITY'S MISSION-UNIQUE AMONG ISRAELI UNIVERSITIES-TO PROVIDE STUDENTS WITH Top-LEVEL EDUCATIONAL EXPERIENCES IN AN ACADEMIC ENVIRONMENT INFUSED WITH JEWISH VALUES AND A LOVE OF THE STATE OF ISRAEL. HISTORICALLY, THE AMERICAN FRIENDS OF BAR-ILAN HAS OPERATED AS A FUNDRAISING DIVISION WITHIN BAR-ILAN UNIVERSITY, SERVING TO BROADEN THE UNIVERSITY'S DONOR BASE IN THE UNITED STATES AND CULTIVATE A SUSTAINED STREAM OF FUNDING. Over 60 years ago, American donors envisioned this University, and stepped forward to make it a reality. Since then, AFBIU HAS BEEN A VITAL PARTNER IN SUPPORT OF THE UNIVERSITY'S MISSION TO CREATE a world class University with strength in STEM, law, education and the humanities, that, unique to the Universitys values, requires A CORE CURRICULUM THAT PROVIDES A DIVERSE GROUP OF STUDENTS WITH A COMMON BASIC UNDERSTANDING OF THEIR JEWISH HERITAGE, HISTORY AND CULTURE, AS WELL AS OF THE ZIONIST VALUES WHICH UNDERPIN THE STATE OF ISRAEL. TODAY, AFBIU HAS DEVELOPED ITS OWN IDENTITY SEPARATE FROM ITS PARENT ORGANIZATION, BIU. AFBIU HAS OBTAINED ITS OWN SECTION 501(C)(3) TAX EXEMPTION FROM THE INTERNAL REVENUE SERVICE AND IS OPERATING INDEPENDENTLY FROM BIU. AFBIU REPRESENTS THE UNIVERSITY'S INTERESTS IN THE UNITED STATES; OUR FUNDING OF ACADEMIC PROJECTS, FACILITIES, RETURNING SCIENTISTS AND SCHOLARSHIPS THROUGH ANNUAL CONTRIBUTIONS AND PLANNED GIFTS ARE LAYING A FOUNDATION OF SUPPORT THAT WILL SUSTAIN THE UNIVERSITY FOR GENERATIONS TO COME.

Interesting data from their 2020 990 filing

The mission of the non-profit, as stated in the filing, is “The american friends of bar-ilan's primary exempt mission is to fundraise and develop philanthropic donors within the u.s. to support bar-ilan university in israel.”.

When referring to its tasks, they were described as: “The american friends of bar-ilan's primary exempt mission is to fundraise and develop philanthropic donors within the u.s. to support bar-ilan university in israel.”.

  • The non-profit is operating legally in the state of NY.
  • The non-profit's address for the year 2020 is listed as 160 East 56th Street, New York, NY, 10022 in the filing.
  • The form submitted by the non-profit organization for 2020 reports 19 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$2,786,439.
  • The CEO compensation package within the organization is established through a review and approval process by an independent body.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 42 independent voting members.
  • The organization was formed in 2012.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $2,826,806 in salary, compensation, and benefits to its employees.
  • The organization pays $3,419,242 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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