Hebrew University Association Jerusalem Palestine
- Assets
- $3.2b
- Revenue
- $946.4m
- Investments
- $572.6m
- Employees
- 7,231
- Location
- Founding
- 02/1938
- Data as of
- 09/2021
- EIN
- 23-7285905
Organization Overview
Hebrew University Association Jerusalem Palestine is located in null. The organization was established in 1938. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 09/2021, Hebrew University Association Jerusalem Palestine employed 7,231 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hebrew University Association Jerusalem Palestine 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, Hebrew University Association Jerusalem Palestine generated $946.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $842.8m during the year ending 09/2021. While expenses have increased by 1.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, ENCOURAGE, AID AND ADVANCE HIGHER AND SECONDARY EDUCATION, RESEARCH AND TRAINING IN ALL BRANCHES OF KNOWLEDGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADACEMIC DEVELOPMENTS FACULTY OF HUMANITIES, FACULTY OF SCIENCE, FACULTY OF MEDICINE, FACULTY OF DENTAL MEDICINE AND FACULTY OF AGRICULTURAL, FOOD AND ENVIRONMENTAL SCIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prof Asher Cohen President | OfficerTrustee | 50 | $269,224 |
Noam Nissan Dean, Faculty Of Engineering A | Officer | 0 | $250,903 |
Yinon Ben Neria Vice Dean For Research | 50 | $232,178 | |
Prof Barak Medina Rector | OfficerTrustee | 50 | $231,192 |
Roni Kalman Head Of Biological & Preclinic | Officer | 50 | $230,192 |
Nissim Benvenisty Chairman Appointments Committe | Officer | 50 | $223,877 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Israel Electric Company Ltd Electricty | 9/29/21 | $13,990,091 |
Moriah Cleaning Maintenance And S Maintenance & Clean | 9/29/21 | $11,441,000 |
Aa Right Ltd Construction | 9/29/21 | $14,262,804 |
M Partners For Construction And Dev Construction | 9/29/21 | $13,203,890 |
Opc Rotem Ltd Electricity | 9/29/21 | $25,812,592 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $463,415,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $256,876,000 |
| Noncash contributions included in lines 1a–1f | $102,018 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $720,291,000 |
| Total Program Service Revenue | $100,755,209 |
| Investment income | $76,490,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,333,000 |
| Net Rental Income | $2,482,812 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $946,360,171 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $392,285,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $105,345,928 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,460,110 |
| Advertising and promotion | $8,026,000 |
| Office expenses | $755,342 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,657,789 |
| Travel | $647,569 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26,543,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,441,000 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $842,820,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,794,000 |
| Savings and temporary cash investments | $142,663,000 |
| Pledges and grants receivable | $82,016,000 |
| Accounts receivable, net | $51,308,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $61,839,000 |
| Inventories for sale or use | $687,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,179,153,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $572,616,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $133,239,000 |
| Total assets | $3,248,315,000 |
| Accounts payable and accrued expenses | $234,300,000 |
| Grants payable | $0 |
| Deferred revenue | $25,612,000 |
| 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 | $1,722,628,000 |
| Total liabilities | $1,982,540,000 |
| Net assets without donor restrictions | $335,565,000 |
| Net assets with donor restrictions | $930,210,000 |
| 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 | $3,248,315,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hebrew University Association Jerusalem Palestine has recieved totaling $481,425.
| Awarding Organization | Amount |
|---|---|
The Silverstein Foundation For Gba Research New York, NY PURPOSE: RESEARCH | $481,425 |
Endowment Analysis
| Beg. Balance | $520,911,000 |
| Earnings | $3,508,000 |
| Net Contributions | $14,516,000 |
| Other Expense | -$25,834,000 |
| Ending Balance | $564,769,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mcmaster University Ontario | $2,782,562,539 | $954,591,107 |
Hebrew University Association Jerusalem Palestine | $3,248,315,000 | $946,360,171 |
University Of Saskatchewan | $2,207,784,972 | $816,404,692 |
Queens University At Kingston Department Of Financial Services | $2,643,962,738 | $804,073,117 |
University Of Manitoba | $2,384,369,000 | $788,244,000 |
Simon Fraser University | $2,219,643,595 | $690,303,634 |
Dalhousie University | $2,012,270,000 | $654,417,000 |
Universite De Sherbrooke | $840,417,269 | $587,133,569 |
University Of Victoria | $1,491,562,584 | $512,310,368 |
Carleton University | $1,411,228,764 | $491,246,640 |
University Of Regina | $613,836,715 | $302,225,011 |
Brock University | $670,515,983 | $291,417,811 |