American Friends of Tel Aviv Univ

EIN: 131996126 501(c)(3) International Affairs

New York, NY

Total Revenue
$52,413,519
Total Expenses
$52,510,479
Total Assets
$114,327,004
Net Assets
$107,698,189
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
NY
Phone
2127429070
Tax Period
2023-10-01 to 2024-09-30

American Friends of Tel Aviv Univ, founded in 1955, is a mid-sized nonprofit in the International Affairs sector that reported $52.4M in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Net assets of $107.7M represent 25 months of operating reserves.

Mission

DEVELOPMENT AND ADVANCEMENT OF HIGHER EDUCATION, RESEARCH AND TRAINING IN ALL BRANCHES OF KNOWLEDGE IN ISRAEL AND ELSEWHERE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $47,247,683
Program Service Revenue $1,161,211
Investment Income $4,039,759
Other Revenue $-35,134
TOTAL REVENUE $52,413,519

Expense Breakdown

Grants Paid $45,154,238
Salaries & Benefits $4,950,405
Fundraising Expenses $3,696,010
Program Expenses $45,966,985
Other Expenses $2,405,836
TOTAL EXPENSES $52,510,479

Year-over-Year Comparison

2023 2022 Change
Revenue $52,413,519 $36,048,482 +0.5%
Expenses $52,510,479 $40,718,630 +0.3%
Net Income $-96,960 $-4,670,148 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
42
Independent Members
42
Employees
33
Volunteers
42

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$846,855
Total Directors
44
$846,855
Key Employees
2
$622,483
Highest Compensated
6
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ahron Wein CFO 38.0
Officer Director
$306,877 $71,148 $378,025
Dr Garry Rayant Chairman 2.0
Officer Director
$0 $0 $0
Jennifer Gross CEO 38.0
Officer Director
$450,241 $18,589 $468,830
Michael Shaoul Treasurer 2.0
Officer Director
$0 $0 $0
Ralph Mandell Secretary 2.0
Officer Director
$0 $0 $0
Aaron Tartakovsky Director 1.0
Director
$0 $0 $0
Alan Silberstein Director 1.0
Director
$0 $0 $0
Behzad Kianmahd Director 1.0
Director
$0 $0 $0
Clement Erbmann Director 1.0
Director
$0 $0 $0
Dan Cohn Director 1.0
Director
$0 $0 $0
David Lowy Director 1.0
Director
$0 $0 $0
Dr Anita Friedman Director 1.0
Director
$0 $0 $0
Dr Arturo Constantiner Director 1.0
Director
$0 $0 $0
Dr Daniel Nazarian Director 1.0
Director
$0 $0 $0
Dr Kathy Fields-Rayant Director 1.0
Director
$0 $0 $0
Dr Marc Rothman Director 1.0
Director
$0 $0 $0
Dr Murray Murray Director 1.0
Director
$0 $0 $0
Dr Noga Niv Director 1.0
Director
$0 $0 $0
Dr Rada Sumareva Director 1.0
Director
$0 $0 $0
Edith Simchi-Levi Director 1.0
Director
$0 $0 $0
Gil Arie Director 1.0
Director
$0 $0 $0
Harvey Rothenberg Director 1.0
Director
$0 $0 $0
Hemi Zucker Director 1.0
Director
$0 $0 $0
Joan Lessing Director 1.0
Director
$0 $0 $0
Leslie Benitah Director 1.0
Director
$0 $0 $0
Lisa Aufzien Director 1.0
Director
$0 $0 $0
Luba Tartakovsky Director 1.0
Director
$0 $0 $0
Marc Abramowitz Director 1.0
Director
$0 $0 $0
Marina Tikhman Director 1.0
Director
$0 $0 $0
Mary Maydan Director 1.0
Director
$0 $0 $0
Maya Kadar Kovalsky Director 1.0
Director
$0 $0 $0
Michael Leit Director 1.0
Director
$0 $0 $0
Michel Steinberger Director 1.0
Director
$0 $0 $0
Mir Segal-Scharia Director 1.0
Director
$0 $0 $0
Nomi Ghez Director 1.0
Director
$0 $0 $0
Norman Lipoff Director 1.0
Director
$0 $0 $0
Ofer Alon Director 1.0
Director
$0 $0 $0
Phil Darivoff Director 1.0
Director
$0 $0 $0
Ricki Alon Director 1.0
Director
$0 $0 $0
Sara Summers Director 1.0
Director
$0 $0 $0
Shira Ronen Director 1.0
Director
$0 $0 $0
Timothy Schlindwein Director 1.0
Director
$0 $0 $0
Vanessa Elia Director 1.0
Director
$0 $0 $0
Yosi Benlevi Director 1.0
Director
$0 $0 $0
Julie Lipsett-Singer CDO 38.0
Key Emp
$322,537 $50,366 $372,903
Kelly Grunther CMO 38.0
Key Emp
$205,321 $44,259 $249,580
Carolyn Steinberg Assoc. VP Pacific Northwest 38.0
Highest
$207,196 $38,302 $245,498
Jennifer Young VP Planned Giving and Dev. Analytics 38.0
Highest
$196,119 $37,934 $234,053
Joanna Naftali Assoc. VP Midwest 38.0
Highest
$203,865 $42,131 $245,996
Juan Dircie South America Rep 38.0
Highest
$219,064 $31,428 $250,492
Shay Bar National Dir. Alumni Affairs 38.0
Highest
$153,971 $45,295 $199,266
Yael Apt Assoc. VP Southern CA 38.0
Highest
$169,545 $27,465 $197,010
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $52,413,519 $52,510,479 $114,327,004 $-96,960
2023 $36,048,482 $40,718,630 $108,437,486 $-4,670,148
2022 $55,369,431 $43,554,892 $101,819,662 $11,814,539
2021 $23,256,037 $40,048,207 $102,815,581 $-16,792,170
2020 $50,437,667 $47,361,273 $108,961,514 $3,076,394
2019 $54,423,336 $49,187,830 $102,162,789 $5,235,506
2018 $50,373,465 $38,184,893 $94,206,276 $12,188,572
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