Bar Ilan University Inc., American Friends of

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ACTIVITY OR MISSION: The american friends of bar-ilan's primary exempt mission is to fundraise and develop philanthropic donors within the u.s. to support bar-ilan university in israel.

FINANCES

Summary Financial Statement
(in thousands of dollars except where reported as percent)
For tax period ended 2019-09-30 2018-09-30 2017-09-30
INCOME AND OTHER ADDITIONS TO NET ASSETS
Public support including net income from gaming and fundraising events 8,699 10,245 11,320
Revenue generated by provision of services 4,700 4,700 4,700
Income from investments, royalties, and rents, including unrealized investment gains and losses 164 977 2,333
Income from sale of inventories and other assets -78 391 -100
Other additions to net assets -188 583 -250
TOTAL INCOME AND OTHER ADDITIONS TO NET ASSETS 13,297 16,896 18,003
EXPENSES AND CHANGE IN NET ASSETS
Grants to Israeli and other foreign recipients 12,295 11,221 9,852
Grants to US recipients 0 0 0
Salaries and related expenses 2,827 3,086 2,960
Fees for services by non-employees 423 378 326
Advertising and promotion 155 172 29
Office expenses, occupancy, interest, depreciation, depletion and insurance 544 851 671
Information technology 0 0 0
Travel, conferences, conventions, and meetings 159 128 101
Other expenses 158 128 134
TOTAL EXPENSES 16,561 15,964 14,071
Addenda
Program service expenses as a percent of total expenses 74 70 70
Management and general expenses as a percent of total expenses 5 6 5
Fundraising expenses as a percent of total expenses 21 24 25
CHANGE IN NET ASSETS -3,264 932 3,932
Summary Balance Sheets
(in thousands of dollars)
Balance sheet period end date: 2019-09-30 2018-09-30 2017-09-30
ASSETS
Cash, savings accounts, and securities 27,859 28,737 29,905
Receivables: pledges and grants, accounts, loans, and other 9,025 10,772 9,278
Land, buildings, and equipment 14 17 92
Other assets 2,621 2,727 2,520
Total assets 39,519 42,253 41,795
LIABILITIES
Liabilities 4,097 3,567 4,045
NET ASSETS
Net assets without donor restrictions 7,408 7,271 8,189
Net assets with donor restrictions 28,014 31,414 29,560
Total net assets 35,422 38,686 37,749
  • If bar shows 1,000%, it indicates that the correct figure in 1,000% or higher
  • If bar shows 120%, it indicates that the correct figure in 120% or higher

PLEASE NOTE: This is a profile only of the US charity, Bar Ilan University Inc., American Friends of. Information on this profile is from the Bar Ilan University Inc., American Friends of’s Forms 990 filed with the Internal Revenue Service or the organization’s inernet website. A small amount of contact information may be from other sources. Tzedakah, Inc does not verify data provided by the listed charities.

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