Hebrew University Association Jerusalem Palestine
- Assets
- $2.9b
- Revenue
- $817.9m
- Investments
- $661.5m
- Employees
- 7,941
- Location
- Founding
- 02/1938
- Data as of
- 09/2023
- 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 09/2023, Hebrew University Association Jerusalem Palestine employed 7,941 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 09/2023, Hebrew University Association Jerusalem Palestine generated $817.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $852.7m during the year ending 09/2023. While expenses have increased by 1.1% per year over the past 8 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
2023
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 |
|---|---|---|---|
Yishai Frankel CEO | Trustee | 0 | $226,868 |
Tamir Shefer Dean, Faculty Of Social Scienc | Officer | 0 | $213,234 |
Prof Asher Cohen President | OfficerTrustee | 0 | $241,208 |
Sara Cohen Dean, Faculty Of Engineering | Officer | 0 | $191,105 |
Mona Khoury Kassabri VP Diversity And Strategy | Trustee | 0 | $183,423 |
Roni Kalman Head, Biological & Preclinical | Officer | 0 | $192,703 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
M Partners For Construction And De Construction | 9/29/23 | $3,189,198 |
Moriah Cleaning Maintenance And S Maintenance & Clean | 9/29/23 | $4,043,482 |
Aa J Yamin Ltd Construction | 9/29/23 | $12,770,972 |
Amsb Services Ltd Real Estate | 9/29/23 | $3,048,887 |
Opc Rotem Ltd Electricity | 9/29/23 | $7,565,765 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $416,380,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $227,920,000 |
| Noncash contributions included in lines 1a–1f | $497 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $644,300,000 |
| Total Program Service Revenue | $93,179,605 |
| Investment income | $44,797,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $970,000 |
| Net Rental Income | $3,418,149 |
| 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 | $817,885,725 |
| 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 | $353,658,995 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $108,529,289 |
| 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 | $13,030,579 |
| Advertising and promotion | $9,279,000 |
| Office expenses | $1,003,923 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,805,962 |
| Travel | $846,496 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $63,670,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,971,000 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $852,738,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,680,000 |
| Savings and temporary cash investments | $43,678,000 |
| Pledges and grants receivable | $74,740,000 |
| Accounts receivable, net | $44,653,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $24,477,000 |
| Inventories for sale or use | $645,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,847,169,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $661,515,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $131,407,000 |
| Total assets | $2,856,964,000 |
| Accounts payable and accrued expenses | $183,318,000 |
| Grants payable | $0 |
| Deferred revenue | $23,412,000 |
| 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 | $1,423,663,000 |
| Total liabilities | $1,630,393,000 |
| Net assets without donor restrictions | $464,693,000 |
| Net assets with donor restrictions | $761,878,000 |
| 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 | $2,856,964,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|