American Foundation For Basic Research In Israel
- Assets
- $10.0m
- Revenue
- $183.6k
- Investments
- $9.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1991
- Data as of
- 12/2022
- EIN
- 13-3590595
Organization Overview
American Foundation For Basic Research In Israel is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Foundation For Basic Research In Israel is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, American Foundation For Basic Research In Israel generated $183.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.6%) each year. All expenses for the organization totaled $696.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Professor Joshua Jortner President, Director | 0 | $0 | |
Meir Zadok MD Treasurer, Director | 2.5 | $0 | |
Paul Marks MD Director | 0 | $0 | |
Michael S Brown MD Director | 0 | $0 | |
Mark Rattner Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Zeichner Ellman & Krause Llp | 12/30/22 | $206,771 |
Prager Metis Cpas Llc | 12/30/22 | $86,721 |
Neuberger Berman Investment Advisers Llc | 12/30/22 | $61,834 |
Atalanta Sosnoff | 12/30/22 | $58,013 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $556 |
| Dividends & Interest | $204,697 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$27,601 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,989 |
| Total Revenue | $183,641 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,569 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,529 |
| Total operating and administrative expenses | $516,859 |
| Contributions, gifts, grants paid | $180,000 |
| Total expenses and disbursements | $696,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $369,696 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,632,521 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,985,262 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |