Tel Aviv University
- Assets
- $2.1b
- Revenue
- $655.6m
- Investments
- $121.3m
- Employees
- 9,493
- Location
- Founding
- 09/2006
- Data as of
- 09/2019
- EIN
- 98-0391928
Organization Overview
Tel Aviv University is located in null. The organization was established in 2006. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 09/2019, Tel Aviv University employed 9,493 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2019, Tel Aviv University generated $655.6m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $749.6m during the year ending 09/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE UNIVERSITY'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE AND DEVELOP EDUCATION, INSTRUCTION AND RESEARCH IN ALL FIELDS OF SCIENCE AND CULTURE IN AN ENVIRONMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEL AVIV UNIVERSITY IS NOW ISRAEL'S LARGEST AND MOST COMPREHENSIVE INSTITUTION OF HIGHER LEARNING WITH OVER 30,000 STUDENTS. THE UNIVERSITY STRIVES TO CREATE A CULTURE OF EQUALITY AND AN ENVIRONMENT OF TEACHING AND STUDY. ITS AIM IS TO PROMOTE AND DEVELOP EDUCATION. TOWARDS THIS END, THE UNIVERSITY HAS GRANTED SCHOLARSHIPS TOWARDS THE FOLLOWING NUMBERS OF DEGREE STUDENTS: BACHELOR'S DEGREES 1,146GRADUATE FELLOWSHIPS 2,346 DOCTORAL FELLOWHIPS 1,452
THE UNIVERSITY ESTABLISHES PROGRAMS OF RESEARCH AND INSTRUCTION, AND ANY ACTIVITY FOR THE ADVANCEMENT AND DISSEMINATION OF ALL FIELDS OF SCIENCE AND CULTURE. THIS INCLUDES ALL OF THEIR RESEARCH AND EDUCATIONAL PROGRAMS. THE UNVIERSITY GRANTED 332 RESEARCH ALLOWANCES (POST-DOCTORAL POSITIONS) DURING THE FISCAL PERIOD. THE UNIVERSITY HAS NINE FACULTIES, 125 DEPARTMENTS AND 90 RESEARCH INSTITUTES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Please See Stmt N/a | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $467,988,590 |
| Investment income | $7,588,455 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,214,819 |
| Net Rental Income | $4,304,423 |
| 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 | $655,596,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $76,490,810 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $276,303,527 |
| Pension plan accruals and contributions | $36,297,282 |
| Other employee benefits | $100,397,067 |
| Payroll taxes | $42,397,771 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $6,488,144 |
| Fees for services: Investment Management | $975,409 |
| Fees for services: Other | $5,214,169 |
| Advertising and promotion | $4,988,298 |
| Office expenses | $23,156,956 |
| Information technology | $2,793,830 |
| Royalties | $0 |
| Occupancy | $14,063,279 |
| Travel | $3,086,270 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,396,086 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,898,722 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $749,582,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,033,601 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $78,507,467 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $825,675 |
| Inventories for sale or use | $324,526 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $845,417,002 |
| Investments—other securities | $121,284,894 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $149,799,543 |
| Total assets | $2,130,042,219 |
| Accounts payable and accrued expenses | $82,891,155 |
| Grants payable | $0 |
| Deferred revenue | $38,814,762 |
| 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 | $1,214,357,553 |
| Total liabilities | $1,336,063,470 |
| Net assets without donor restrictions | -$82,450,316 |
| Net assets with donor restrictions | $278,868,180 |
| Capital stock or trust principal, or current funds | $597,560,885 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $793,978,749 |
Endowment Analysis
| Beg. Balance | $575,236,000 |
| Earnings | -$905,000 |
| Net Contributions | $24,446,000 |
| Other Expense | $1,216,000 |
| Ending Balance | $597,561,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tel Aviv University | $2,130,042,219 | $655,596,000 |
University Of Prince Edward Island | $255,150,975 | $119,059,575 |
President & Scholars Of The College Of Saint Mary Magdalen In The Univ | $982,019,293 | $27,997,323 |
Emmanuel College | $414,963,522 | $30,805,139 |
Merton College | $402,709,290 | $17,796,723 |