Hebrew University Association Jerusalem Palestine
- Assets
- $2.9b
- Revenue
- $791.1m
- Investments
- $571.9m
- Employees
- 12,002
- Location
- Founding
- 02/1938
- Data as of
- 09/2020
- 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 09/2020, Hebrew University Association Jerusalem Palestine employed 12,002 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, Hebrew University Association Jerusalem Palestine generated $791.1m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $825.8m 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
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 | $250,157 |
Yinon Ben Neria Vice Dean For Research | 50 | $217,951 | |
Prof Barak Medina Rector | OfficerTrustee | 50 | $214,984 |
Roni Kalman Head Of Biological & Preclinic | Officer | 50 | $207,750 |
Daniel Schwartz Dean's Special Assistant | 50 | $206,702 | |
Ofra Benny Ratzbi Head Of The Dept Of Pharmacy | 50 | $205,549 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Israel Electric Corporation Jerusa Electricty | 9/29/20 | $8,393,907 |
Moriah Cleaning Maintenance And S Maintenance & Clean | 9/29/20 | $3,558,179 |
Ness At Ltd Software & Computing | 9/29/20 | $4,564,771 |
Opc Rotem Ltd Electricity | 9/29/20 | $4,493,724 |
Aa J Right Ltd Jerusalem Israel Construction | 9/29/20 | $3,022,446 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $559,997,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,013,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $671,010,000 |
| Total Program Service Revenue | $92,109,582 |
| Investment income | -$288,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $971,000 |
| Net Rental Income | $3,340,270 |
| 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 | $791,127,852 |
| 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 | $356,848,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $100,245,859 |
| 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 | $14,622,378 |
| Advertising and promotion | $7,788,000 |
| Office expenses | $755,304 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,120,604 |
| Travel | $473,118 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $41,808,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,434,000 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $825,784,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,125,000 |
| Savings and temporary cash investments | $93,936,000 |
| Pledges and grants receivable | $84,185,000 |
| Accounts receivable, net | $59,481,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $368,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,038,550,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $571,879,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,904,524,000 |
| Accounts payable and accrued expenses | $222,779,000 |
| Grants payable | $0 |
| Deferred revenue | $23,687,000 |
| 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 | $1,485,498,000 |
| Total liabilities | $1,731,964,000 |
| Net assets without donor restrictions | $328,969,000 |
| Net assets with donor restrictions | $843,591,000 |
| 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 | $2,904,524,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hebrew University Association Jerusalem Palestine has recieved totaling $60,040.
| Awarding Organization | Amount |
|---|---|
Drexel University Philadelphia, PA PURPOSE: RESEARCH | $60,040 |
Endowment Analysis
| Beg. Balance | $502,861,000 |
| Net Contributions | $15,211,000 |
| Other Expense | -$2,839,000 |
| Ending Balance | $520,911,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hebrew University Association Jerusalem Palestine | $2,904,524,000 | $791,127,852 |
Mcmaster University Ontario | $2,111,626,167 | $868,664,422 |
University Of Saskatchewan | $1,944,445,047 | $717,162,062 |
Queens University At Kingston Department Of Financial Services | $2,151,670,567 | $760,216,380 |
Universite De Sherbrooke | $838,467,330 | $556,596,076 |
Simon Fraser University | $1,583,109,371 | $571,243,545 |
Dalhousie University | $1,465,191,000 | $543,867,000 |
Carleton University | $1,138,990,482 | $509,318,517 |
University Of Regina | $602,073,950 | $295,069,990 |
Brock University | $689,563,670 | $266,770,231 |
University Of Ontario Institute Of Technology | $407,918,861 | $158,240,829 |
Saint Marys University | $203,587,516 | $114,916,051 |