Form 990 for tax year 2024
Filed by AMERICAN SOCIETY OF THE UNIVERSITY OF HAIFA.
Totals
- Total revenue
- $21,379,893
- Total expenses
- $15,590,952
- Contributions and grants received
- $21,239,328
- Grants paid
- $13,415,864
- Program service revenue
- $0
- Investment income
- $140,565
- Other revenue
- $0
- Total assets, end of year
- $18,836,383
- Total liabilities, end of year
- $1,455,973
- Net assets or fund balances, end of year
- $17,380,410
- Program services expenses (Part IX)
- $13,415,864
- Management and general expenses
- $668,918
- Fundraising expenses
- $1,506,170
- Program service expenses (Part III)
- $13,415,864
Program services were 86.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$21,239,328
-
1g · Noncash contributions included above
$1,047,242
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $29,316 · related or exempt $0 · unrelated business $0 · excluded $29,316
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $1,148,336
-
7b · Less cost or other basis and sales expenses
securities $1,037,087
-
7c · Gain or loss
securities $111,249 · other assets $0
-
7d · Net gain or loss
total $111,249 · related or exempt $0 · unrelated business $0 · excluded $111,249
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $13,415,864 · program services $13,415,864
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $248,788 · program services $0 · management and general $78,285 · fundraising $170,503
-
7 · Other salaries and wages
total $974,070 · program services $0 · management and general $306,506 · fundraising $667,564
-
8 · Pension plan contributions
total $15,523 · program services $0 · management and general $5,905 · fundraising $9,618
-
9 · Other employee benefits
total $125,076 · program services $0 · management and general $35,343 · fundraising $89,733
-
10 · Payroll taxes
total $94,795 · program services $0 · management and general $25,288 · fundraising $69,507
-
11c · Fees: accounting
total $51,558 · program services $0 · management and general $51,558 · fundraising $0
-
11f · Fees: investment management
total $9,791 · program services $0 · management and general $9,791 · fundraising $0
-
11g · Fees: other
total $121,428 · program services $0 · management and general $8,315 · fundraising $113,113
-
12 · Advertising and promotion
total $248,076 · program services $0 · management and general $0 · fundraising $248,076
-
13 · Office expenses
total $12,988 · program services $0 · management and general $4,194 · fundraising $8,794
-
14 · Information technology
total $57,376 · program services $0 · management and general $34,426 · fundraising $22,950
-
17 · Travel
total $99,472 · program services $0 · management and general $19,021 · fundraising $80,451
-
19 · Conferences, conventions and meetings
total $6,313 · management and general $1,378 · fundraising $4,935
-
22 · Depreciation, depletion and amortization
total $50,489 · program services $0 · management and general $50,489 · fundraising $0
-
23 · Insurance
total $14,265 · program services $0 · management and general $14,265 · fundraising $0
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $21,788 · management and general $19,302 · fundraising $2,486
-
24b · Other expenses: RECRUITMENT
total $1,070 · program services $0 · management and general $0 · fundraising $1,070
-
24c · Other expenses: OTHER
total $22,222 · program services $0 · management and general $4,852 · fundraising $17,370
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $700,723 · end of year $878,298
-
2 · Savings and temporary cash investments
beginning of year $1,347 · end of year $1,005,284
-
3 · Pledges and grants receivable
beginning of year $9,459,349 · end of year $15,199,028
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $21,470 · end of year $28,675
-
10a · Land, buildings and equipment: cost or other basis
$308,434
-
10b · Land, buildings and equipment: accumulated depreciation
$74,320
-
10c · Land, buildings and equipment, net
beginning of year $147,826 · end of year $234,114
-
11 · Investments: publicly traded securities
beginning of year $1,361,679 · end of year $1,490,984
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $92,298 · end of year $1,455,973
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $589,747 · end of year $716,649
-
28 · Net assets with donor restrictions
beginning of year $11,010,349 · end of year $16,663,761
Mission and programs · 2024
Mission
THE AMERICAN SOCIETY OF THE UNIVERSITY OF HAIFA ("ASUH" DBA: American Friends of University of Haifa.) INCREASES VISIBILITY AND FINANCIAL SUPPORT FOR THE UNIVERSITY OF HAIFA TO ENSURE ITS CONTINUED EXCELLENCE IN ACADEMIC RESEARCH, EDUCATION, AND COMMUNAL ACTIVITIES. ASUH CULTIVATES RELATIONSHIPS AND SERVES AS A VITAL CONNECTION BETWEEN THE UNIVERSITY AND ITS FRIENDS, ALUMNI, AND PARTNER INSTITUTIONS IN THE UNITED STATES.
Activities or mission (Part I)
TO INCREASE VISIBILITY AND FINANCIAL SUPPORT FOR THE UNIVERSITY OF HAIFA TO ENSURE ITS CONTINUED EXCELLENCE IN ACADEMIC RESEARCH, EDUCATION, AND COMMUNAL ACTIVITIES.
-
TO PROVIDE STUDENT SCHOLARSHIPS, SUPPORT FACULTY, FUND RESEARCH AND ENHANCE FACILITIES AT THE UNIVERSITY OF HAIFA.
Expenses $13,415,864 · Grants $13,415,864
As filed on the 2024 return.
Listed in Part VII
-
Aliza HerzbergALIZA HERZBERG
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Dr Romana Strochlitz PrimusDR ROMANA STROCHLITZ PRIMUS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Sidney BanonSIDNEY BANON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Warren Gleicher EsqWARREN GLEICHER ESQ
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Ambassador Peter RosenblattAMBASSADOR PETER ROSENBLATT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bradley M BloomBRADLEY M BLOOM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey RobbinsJEFFREY ROBBINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael RosenMICHAEL ROSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rafi MusherRAFI MUSHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas LevyTHOMAS LEVY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Igor GoldenbergIGOR GOLDENBERG
DIR. OF OPE. THRU 03/2025/MANAGING DIR. AS OF 03/2025
- Total calculated
- $144,326
- From this org
- $143,600
- From related orgs
- $0
- Other
- $726
- Hours/week
- 40
-
Naomi Reinharz EsqNAOMI REINHARZ ESQ
CEO (THRU 12/31/24)
- Total calculated
- $371,133
- From this org
- $362,882
- From related orgs
- $0
- Other
- $8,251
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,048
- Bonus
- $0
- Other
- $177,834
- Deferred
- $0
- Nontaxable benefits
- $8,251
- Filer's total
- $371,133
-
Keith BabichKEITH BABICH
DIR. OF DEV. THRU 1/29/25/ VP, DEV. AS OF 1/30/25
- Total calculated
- $134,821
- From this org
- $116,479
- From related orgs
- $0
- Other
- $18,342
- Hours/week
- 40
-
Kevin LeopoldKEVIN LEOPOLD
VP, DEVELOPMENT (THRU 11/1/24)
- Total calculated
- $212,728
- From this org
- $178,224
- From related orgs
- $0
- Other
- $34,504
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $178,224
- Bonus
- $0
- Other
- $0
- Deferred
- $5,556
- Nontaxable benefits
- $28,948
- Filer's total
- $212,728
-
Naomi SmookNAOMI SMOOK
VP, DEVELOPMENT (THRU 10/25/24)
- Total calculated
- $177,252
- From this org
- $157,639
- From related orgs
- $0
- Other
- $19,613
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,639
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $19,613
- Filer's total
- $177,252
-
Rosanne CasamassimaROSANNE CASAMASSIMA
FINANCIAL CONTROLLER
- Total calculated
- $134,557
- From this org
- $118,152
- From related orgs
- $0
- Other
- $16,405
- Hours/week
- 40
-
Scott BrockmanSCOTT BROCKMAN
VP, DEVELOPMENT
- Total calculated
- $186,731
- From this org
- $170,000
- From related orgs
- $0
- Other
- $16,731
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $16,731
- Filer's total
- $186,731
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 4a Severance or change-of-control payment
- NAOMI REINHARZ, CEO THRU DECEMBER 31, 2024, RECEIVED SEVERANCE PAYMENTS TOTALING $172,525 FOR CALENDAR YEAR 2024 AND IS INCLUDED IN PART II, COLUMN B(III).
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 25 March 2026
- IRS schema version
- 2024v5.1
- Source object
- 202600849349301025
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