American Friends Of The Hebrew University Inc

Organization Overview

American Friends Of The Hebrew University Inc is located in New York, NY. The organization was established in 1948. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2021, American Friends Of The Hebrew University Inc employed 63 individuals. This organization is the central organization for a national or regional group of organizations. American Friends Of The Hebrew University Inc 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 09/2020, American Friends Of The Hebrew University Inc generated $142.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $79.6m during the year ending 09/2020. While expenses have increased by 4.2% 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.

Since 2015, American Friends Of The Hebrew University Inc has awarded 32 individual grants totaling $971,230. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT THE HEBREW UNIV. OF JERUSALEM, ISRAEL'S FOREMOST CENTER OF HIGHER EDU. & RESEARCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


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Outside Vendors & Contractors

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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$59,899,062
Investment income $11,136,503
Tax Exempt Bond Proceeds $0
Royalties $65,395
Net Rental Income $22,008
Net Gain/Loss on Asset Sales $71,919,863
Net Income from Fundraising Events -$392,645
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $142,838,481

Grants Awarded

Over the last fiscal year, American Friends Of The Hebrew University Inc has awarded $85,043 in support to 3 organizations.

Grant RecipientAmount

BOSTON UNIVERSITY SCHOOL OF MEDICINE

Org PageRecipient Profile

Tiburon, CA

PURPOSE: STUDENT EXCHANGE PROGRAM BETWEEN HADASSAH & BOSTON UNIVERSITY.

$39,679

HADASSAH MEDICAL RELIEF ASSOCIATION

Org PageRecipient Profile

New York, NY

PURPOSE: MORTON AMSTERDAM CHAIR IN PERIODONTAL PROSTHESIS IN THE SCHOOL OF DENTAL MEDICINE.

$29,405

AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE

Org PageRecipient Profile

New York, NY

PURPOSE: ALEXANDER & MARGARET EHRENSTEIN MEMORIAL

$15,959
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that American Friends Of The Hebrew University Inc has recieved totaling $27,419.

Awarding OrganizationAmount
Reuben B Resnik And Helga M Resnik Foundation

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$12,000
Max & Sophie Mydans Foundation

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$7,919
$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$652,879,613
Earnings$167,655,172
Net Contributions$8,818,935
Other Expense$26,012,900
Ending Balance$803,340,820

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