Americans For Ben-Gurion University Inc
- Assets
- $873.6m
- Revenue
- $105.1m
- Investments
- $656.0m
- Employees
- 47
- Location
- New York, NY
- Founding
- 07/1973
- Data as of
- 09/2021
- EIN
- 23-7270753
Organization Overview
Americans For Ben-Gurion University Inc, operating under the name A4bgu, is located in New York, NY. The organization was established in 1973. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 09/2021, A4bgu employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A4bgu 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 09/2021, A4bgu generated $105.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $54.4m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AMERICANS FOR BEN-GURION UNIVERSITY OR "A4BGU" PLAYS A VITAL ROLE IN CREATING A WORLD CLASS UNIVERSITY IN THE ISRAELI DESERT.
Describe the Organization's Program Activity:
BEN-GURION UNIVERSITY (BGU) SUPPORT: A4BGU RAISES FUNDS WITHIN THE U.S. FOR BEN-GURION UNIVERSITY. SUPPORT INCLUDES, BUT IS NOT LIMITED TO, GRANTS FOR ONGOING OPERATIONS (E.G. SCHOLARSHIPS/FELLOWSHIPS, STUDENT ACTVITIES), ACADEMIC RESEARCH (E.G. WATER/ENVIRONMENT, CYBER SECURITY, ROBOTICS/ARTIFICIAL INTELLIGENCE, MEDICAL BREAKTHROUGHS), FACULTY RECRUITMENT, CAPITAL PROJECTS (E.G. DORMITORIES, RESEARCH LABS, CLASSROOM BUILDINGS, CONFERENCE FACILITIES), COMMUNITY OUTREACH ACTIVITIES TO SUPPORT THE DEVELOPMENT OF ISRAEL'S NEGEV REGION (E.G. VOLUNTEER AND SOCIAL ACTION TO UNDER-RESOURCED COMMUNITIES AND INDIVIDUALS, BEDOUIN SUPPORT, YOUTH CLUBS, MENTORING/TUTORING, UNIVERSITY PREP PROGRAMS, ETC.), AND EDUCATIONAL ACTIVITIES IN THE U.S.
RAISING AWARENESS & EDUCATION PROGRAM: A4BGU RAISES AWARENESS IN THE U.S. TO POTENTIAL DONORS ABOUT BGU AND THE NEGEV REGION IN GENERAL. A4BGU ALSO EDUCATES CURRENT AND POTENTIAL DONORS ON VARIOUS RESEARCH AND COMMUNITY-BASED INITIATIVES CONDUCTED BY THE UNIVERSITY, AS WELL AS THE NEGEV REGION IN GENERAL. A4BGU SHOWCASES BGU'S ACADEMIC EXCELLENCE AND GROUNDBREAKING RESEARCH TO INDIVIDUALS, FOUNDATIONS, ORGANIZATIONS, AND THE MEDIA THROUGH VARIOUS ACTIVITIES, INCLUDING A SERIES OF EDUCATIONAL PROGRAMS, EVENTS, AND INFORMATIVE DIGITAL AND PRINT COMMUNICATIONS FEATURING BGU'S WORLD-RENOWNED RESEARCH AND ACADEMIC EXCELLENCE.
THE MEDICAL SCHOOL FOR INTERNATIONAL HEALTH (MSIH) PROGRAM: MSIH AT BGU IS A UNIQUE MEDICAL SCHOOL THAT INCORPORATES GLOBAL HEALTH COMPONENTS INTO ALL FOUR YEARS OF THE CORE M.D. CURRICULUM. AS A SMALL AND PRESTIGIOUS MEDICAL SCHOOL, MSIH OFFERS AN M.D. PROGRAM THAT PREPARES STUDENTS FOR A CAREER GOING FAR BEYOND THE HOSPITAL OR PRIVATE CLINIC. STUDENTS GAIN THE TRAINING NECESSARY TO MAKE A REAL IMPACT BY PRACTICING MEDICINE WHILE MEETING THE CHALLENGES OF GLOBAL HEALTH. A4BGU MARKETS, RECRUITS, AND INTERVIEWS STUDENTS IN NORTH AMERICA FOR MSIH BY PARTICIPATING IN CONFERENCES, VISITING UNIVERSITIES, AND PRODUCING VIRTUAL AND IN-PERSON EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Seserman Chief Executive Officer | Officer | 40 | $523,957 |
Philip S Gomperts Regional Director (thru 12/31/2020) | 40 | $323,022 | |
Kevin Leopold Philanthropic Relationship Officer | 40 | $251,248 | |
Keren Waranch Chief Development Officer | 40 | $217,860 | |
Timothy Greene Chief Financial Officer | Officer | 40 | $207,879 |
Andrew Hoffer Philanthropic Relationship Officer | 40 | $195,320 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ab Data Ltd Direct Mail | 9/29/21 | $232,170 |
Rsm Us Llp Accounting/tax | 9/29/21 | $135,900 |
Perlman & Perlman Llp Legal Services | 9/29/21 | $125,567 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $904,599 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,280,364 |
| Noncash contributions included in lines 1a–1f | $1,191,184 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,184,963 |
| Total Program Service Revenue | $0 |
| Investment income | $38,279,325 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,763,804 |
| Net Income from Fundraising Events | -$137,931 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $105,090,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $41,698,693 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,008,759 |
| Compensation of current officers, directors, key employees. | $406,067 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,769,471 |
| Pension plan accruals and contributions | $199,923 |
| Other employee benefits | $701,599 |
| Payroll taxes | $384,293 |
| Fees for services: Management | $191,828 |
| Fees for services: Legal | $157,991 |
| Fees for services: Accounting | $151,953 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $30,000 |
| Fees for services: Investment Management | $2,326,238 |
| Fees for services: Other | $19,479 |
| Advertising and promotion | $919,605 |
| Office expenses | $129,600 |
| Information technology | $119,803 |
| Royalties | $0 |
| Occupancy | $573,262 |
| Travel | $57,971 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,582 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,333 |
| Insurance | $85,238 |
| All other expenses | $0 |
| Total functional expenses | $54,353,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125 |
| Savings and temporary cash investments | $8,677,855 |
| Pledges and grants receivable | $30,234,391 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $225,727 |
| Net Land, buildings, and equipment | $138,415 |
| Investments—publicly traded securities | $175,090,926 |
| Investments—other securities | $656,043,502 |
| Investments—program-related | $0 |
| Intangible assets | $178,116 |
| Other assets | $3,009,692 |
| Total assets | $873,598,749 |
| Accounts payable and accrued expenses | $1,705,478 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $35,703,090 |
| Total liabilities | $37,408,568 |
| Net assets without donor restrictions | $73,871,372 |
| Net assets with donor restrictions | $762,318,809 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $873,598,749 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Americans For Ben-Gurion University Inc has recieved totaling $36,700.
| Awarding Organization | Amount |
|---|---|
Ginsburg Family Foundation Bala Cynwyd, PA PURPOSE: UNIVERISTY | $25,000 |
Dayan Foundation Los Altos Hills, CA PURPOSE: CHARITABLE | $11,500 |
Strauss Foundation Incorporated Owings Mills, MD PURPOSE: EDUCATION | $200 |
Endowment Analysis
| Beg. Balance | $638,763,617 |
| Earnings | $137,258,192 |
| Admin Expense | $2,047,323 |
| Net Contributions | $1,935,427 |
| Grants | $31,893,308 |
| Ending Balance | $744,016,605 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
U B Foundation Activities Inc Buffalo, NY | $144,841,745 | $102,321,519 |
Hansjorg Wyss Institute For Biologically Inspired Engineering Boston, MA | $178,608,152 | $47,853,271 |
Stony Brook Foundation Inc Stony Brook, NY | $732,698,663 | $129,247,386 |
University Of Connecticut Foundation Incorporated Storrs, CT | $744,628,423 | $150,826,250 |
University At Buffalo Foundation Inc Buffalo, NY | $1,104,161,290 | $45,943,366 |
Americans For Ben-Gurion University Inc New York, NY | $873,598,749 | $105,090,161 |
Trustees For Harvard University Cambridge, MA | $1,524,141,919 | $57,204,982 |
Anderson Center Services Inc Staatsburg, NY | $47,866,926 | $36,341,767 |
Forrestal Agricultural Corporation Princeton, NJ | $368,119,233 | $43,096,782 |
Harvard Private Capital Realty Inc Boston, MA | $2,527,458,180 | $415,073,812 |
Faculty-Student Assoc Of State University Of Ny At Stony Brook Stony Brook, NY | $54,956,974 | $31,334,535 |
University Of Massachusetts Foundation Inc Boston, MA | $842,030,994 | $57,111,837 |