Americans For Ben-Gurion University Inc
- Assets
- $756.4m
- Revenue
- $36.3m
- Investments
- $505.4m
- Employees
- 48
- Location
- New York, NY
- Founding
- 07/1973
- Data as of
- 09/2020
- EIN
- 23-7270753
Organization Overview
Americans For Ben-Gurion University Inc 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 09/2020, Americans For Ben-Gurion University Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2020, Americans For Ben-Gurion University Inc generated $36.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.3%) each year. All expenses for the organization totaled $55.6m during the year ending 09/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
AABGU PLAYS A VITAL ROLE IN CREATING A WORLD CLASS UNIVERSITY IN THE ISRAELI DESERT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEN-GURION UNIVERSITY SUPPORT: AABGU 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), CAPITAL PROJECTS (E.G. DORMITORIES, RESEARCH LABS, CLASSROOM BUILDINGS, CONFERENCE FACILITIES), AND COMMUNITY OUTREACH ACTIVITIES TO SUPPORT THE DEVELOPMENT OF ISRAEL'S NEGEV REGION (E.G. VOLUNTEER AND SOCIAL ACTION TO UNDERPRIVILEGED COMMUNITIES AND INDIVIDUALS, BEDOUIN SUPPORT, YOUTH CLUBS, MENTORING/TUTORING, UNIVERSITY PREP PROGRAMS, ETC.)
RAISING AWARENESS & EDUCATION PROGRAM: AABGU RAISES AWARENESS IN THE U.S. TO POTENTIAL DONORS ABOUT BGU AND THE NEGEV REGION IN GENERAL. AABGU 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. AABGU 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 THAT FEATURE BGU'S WORLD-RENOWNED FACULTY.
ZIN FELLOWS LEADERSHIP PROGRAM: THE AABGU ZIN FELLOWS PROGRAM IS AN INSPIRING AND TRANSFORMATIVE OPPORTUNITY FOR OUTSTANDING AMERICANS IN THEIR 30S-50S. THE EIGHTEEN MONTH PROGRAM CONSISTS OF TWO IN-PERSON GATHERINGS IN THE UNITED STATES FOLLOWED BY AN IMMERSIVE ISRAEL EXPERIENCE. ZIN FELLOWS REPRESENT THE BEST OF THE BEST IN TERMS OF THE NEXT GENERATION. THEY ARE CURRENT AND FUTURE AMERICAN COMMUNITY LEADERS WHO ARE INTERESTED IN UNDERSTANDING THE UNIQUE ROLE BGU PLAYS IN THE DEVELOPMENT OF THE NEGEV AND THE FUTURE OF ISRAEL.
BEN-GURION UNIVERSITY SUPPORT: AABGU 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), CAPITAL PROJECTS (E.G. DORMITORIES, RESEARCH LABS, CLASSROOM BUILDINGS, CONFERENCE FACILITIES), AND COMMUNITY OUTREACH ACTIVITIES TO SUPPORT THE DEVELOPMENT OF ISRAEL'S NEGEV REGION (E.G. VOLUNTEER AND SOCIAL ACTION TO UNDERPRIVILEGED COMMUNITIES AND INDIVIDUALS, BEDOUIN SUPPORT, YOUTH CLUBS, MENTORING/TUTORING, UNIVERSITY PREP PROGRAMS, ETC.)
RAISING AWARENESS & EDUCATION PROGRAM: AABGU RAISES AWARENESS IN THE U.S. TO POTENTIAL DONORS ABOUT BGU AND THE NEGEV REGION IN GENERAL. AABGU 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. AABGU 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 THAT FEATURE BGU'S WORLD-RENOWNED FACULTY.
ZIN FELLOWS LEADERSHIP PROGRAM: THE AABGU ZIN FELLOWS PROGRAM IS AN INSPIRING AND TRANSFORMATIVE OPPORTUNITY FOR OUTSTANDING AMERICANS IN THEIR 30S-50S. THE EIGHTEEN MONTH PROGRAM CONSISTS OF TWO IN-PERSON GATHERINGS IN THE UNITED STATES FOLLOWED BY AN IMMERSIVE ISRAEL EXPERIENCE. ZIN FELLOWS REPRESENT THE BEST OF THE BEST IN TERMS OF THE NEXT GENERATION. THEY ARE CURRENT AND FUTURE AMERICAN COMMUNITY LEADERS WHO ARE INTERESTED IN UNDERSTANDING THE UNIQUE ROLE BGU PLAYS IN THE DEVELOPMENT OF THE NEGEV AND THE FUTURE OF ISRAEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Seserman Chief Executive Officer | Officer | 40 | $535,828 |
Philip S Gomperts Regional Director | 40 | $287,344 | |
Kevin Leopold Executive Director Northeast | 40 | $252,494 | |
Keren Waranch Vice President Regional Operations | 40 | $199,772 | |
Andrew Hoffer Associate Director Southwest | 40 | $197,117 | |
Timothy Greene Chief Financial Officer | Officer | 40 | $192,857 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ab Data Ltd Direct Mail | 9/29/20 | $233,278 |
Starfish Llc Rebranding | 9/29/20 | $127,444 |
Rsm Us Llp Accounting/tax | 9/29/20 | $154,475 |
Da'at Travel Agency | 9/29/20 | $149,423 |
Perlman & Perlman Llp Legal Services | 9/29/20 | $152,578 |
Rsm Us Llp Accounting/tax | 9/29/20 | $154,475 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $178,897 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,668,945 |
| Noncash contributions included in lines 1a–1f | $1,625,041 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,847,842 |
| Total Program Service Revenue | $0 |
| Investment income | $9,678,143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,949,232 |
| Net Income from Fundraising Events | -$163,247 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,311,970 |
| 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 | $43,634,406 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,003,447 |
| Compensation of current officers, directors, key employees. | $407,609 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,255,332 |
| Pension plan accruals and contributions | $286,682 |
| Other employee benefits | $638,132 |
| Payroll taxes | $346,261 |
| Fees for services: Management | $133,322 |
| Fees for services: Legal | $200,461 |
| Fees for services: Accounting | $167,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $30,000 |
| Fees for services: Investment Management | $2,479,016 |
| Fees for services: Other | $89,628 |
| Advertising and promotion | $671,605 |
| Office expenses | $159,434 |
| Information technology | $156,176 |
| Royalties | $0 |
| Occupancy | $646,267 |
| Travel | $182,952 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $241,454 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,050 |
| Insurance | $99,136 |
| All other expenses | $0 |
| Total functional expenses | $55,611,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,987 |
| Savings and temporary cash investments | $10,895,451 |
| Pledges and grants receivable | $30,102,798 |
| 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 | $86,625 |
| Net Land, buildings, and equipment | $152,187 |
| Investments—publicly traded securities | $206,530,478 |
| Investments—other securities | $505,427,844 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,213,992 |
| Total assets | $756,412,362 |
| Accounts payable and accrued expenses | $968,697 |
| 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 | $973,190 |
| Other liabilities | $38,706,583 |
| Total liabilities | $40,648,470 |
| Net assets without donor restrictions | $60,194,785 |
| Net assets with donor restrictions | $655,569,107 |
| 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 | $756,412,362 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Americans For Ben-Gurion University Inc has recieved totaling $713,369.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: General support | $444,631 |
Charitable Trust In Memory Of The Descendents Of Lema And Berel Wilmington, DE PURPOSE: AGRICULTURAL PROJECTS IN ISRAEL | $135,000 |
Jewish Community Foundation Of Orange County Irvine, CA PURPOSE: DONATION | $58,109 |
Fjc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $21,555 |
Family Business Association Inc Boston, MA PURPOSE: BEQUEST | $19,574 |
Rosenbluth Family Charitable Foundation Phoenix, AZ PURPOSE: HOMELAND SECURITY RESEARCH LAB OUTFITTING: ATOMIC CLOCK PROJECT, HOMELAND SECURITY RESEARCH LAB OUTFITTING: NANO-FABRICATION RESEARCH, HOMELAND SECURITY RESEARCH LAB OUTFITTING: REMOTE SENSING | $18,000 |
Endowment Analysis
| Beg. Balance | $631,283,423 |
| Earnings | $37,227,089 |
| Admin Expense | $2,350,852 |
| Net Contributions | $6,631,979 |
| Grants | $34,028,027 |
| Ending Balance | $638,763,612 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
U B Foundation Activities Inc Buffalo, NY | $155,052,168 | $96,927,514 |
Hansjorg Wyss Institute For Biologically Inspired Engineering Boston, MA | $225,546,330 | $52,451,825 |
University At Buffalo Foundation Inc Buffalo, NY | $1,104,161,290 | $45,943,366 |
Americans For Ben-Gurion University Inc New York, NY | $756,412,362 | $36,311,970 |
University Of Connecticut Foundation Incorporated Storrs, CT | $617,597,919 | $88,474,063 |
Stony Brook Foundation Inc Stony Brook, NY | $590,641,440 | $62,393,551 |
Foundation For Indiana University Of Pennsylvania Indiana, PA | $229,193,892 | $29,582,159 |
Harvard Private Capital Realty Inc Boston, MA | $2,998,851,670 | $446,321,800 |
Trustees For Harvard University Cambridge, MA | $1,225,759,215 | $60,193,652 |
University Of Vermont And State Agricultural College Foundation Burlington, VT | $198,276,012 | $43,752,532 |
Forrestal Agricultural Corporation Princeton, NJ | $368,119,233 | $43,096,782 |
Anderson Center Services Inc Staatsburg, NY | $45,605,044 | $31,309,870 |