TY 2013 Form 990

- TIN:

Form990

Department of the Treasury
Internal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter Social Security numbers on this form as it may be made public. By law, the IRS

generally cannot redact the information on the form.

Information about Form 990 and its instructions is at www.IRS.gov/form990.

OMB No. 1545-0047

2013

Open to Public Inspection

A For the 2013 calendar year, or tax year beginning 10-01-2013 , 2013, and ending 09-30-2014

BCheck if applicable: Address change Name change Initial return Terminated Amended return Application pending

CName of organization
Bar Ilan University in Israel Inc

Doing Business As

Number and street (or P.O. box if mail is not delivered to street address)
160 east 56th street
Suite

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
New York, NY10022

D Employer identification number

13-6192275

E Telephone number

G Gross receipts $ 375,277,444

F Name and address of principal officer:
Daniel Hershkowitz
Ramat Gan
52900
IS

Tax-exempt status: 501(c)(3) 501(c) ( ) LeftBullet

(insert no.) 4947(a)(1) or 527

Website:

www1.biu.ac.il/indexE.php & www.afbiu.org

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. (see instructions)

H(c)

Group exemption number MediumBullet

K Form of organization: Corporation Trust Association Other MediumBullet

L Year of formation: 1962

M State of legal domicile: NY

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: BIU is one of the largest universities in Israel, with approximately Israel with approx. 27,000 students. BIU produces students who excel in the sciences, humanities, law, engineering, business & the arts.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	96
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	95
5	Total number of individuals employed in calendar year 2013 (Part V, line 2a) ......	5	26
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	181,061,575	191,394,283
9	Program service revenue (Part VIII, line 2g) .........	142,864,466	148,568,894
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	10,679,911	13,305,434
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	8,888,769	9,810,311
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	343,494,721	363,078,922
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	39,759,372	50,251,959
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	252,141,559	259,357,178
16a	Professional fundraising fees (Part IX, column (A), line 11e).....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 4,261,776
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	81,741,123	70,621,661
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	373,642,054	380,230,798
19	Revenue less expenses. Subtract line 18 from line 12.......	-30,147,333	-17,151,876
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	342,155,428	324,934,395
21	Total liabilities (Part X, line 26).............	237,904,907	227,580,811
22	Net assets or fund balances. Subtract line 21 from line 20.....	104,250,521	97,353,584

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name MediumBullet

Firm's EIN MediumBullet

Firm's address MediumBullet

Phone no.

May the IRS discuss this return with the preparer shown above? (see instructions) ............YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y

Form 990 (2013)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III ..............

Briefly describe the organization’s mission: BAR-ILAN UNIVERSITY IN ISRAEL CONSISTS OF TWO DIVISIONS, BAR-ILAN UNIVERSITY (BIU), LOCATED IN RAMAT GAN, ISRAEL, AND AMERICAN FRIENDS OF BAR-ILAN UNIVERSITY (AFBIU), LOCATED IN NEW YORK, NY. BAR-ILAN UNIVERSITY IS A REGISTERED ASSOCIATION in Israel, THE GOALS OF WHICH ARE TO MAINTAIN, PROMOTE, HOLD AND ADMINISTER THE UNIVERSITY AS AN INSTITUTION OF HIGHER EDUCATION, IN ORDER TO FOSTER AND PROMOTE STUDY AND RESEARCH IN ALL BRANCHES OF THE TORAH AND SCIENCE IN THE SPIRIT OF THE TORAH AND JEWISH TRADITION. THE UNIVERSITY IS AN ACCREDITED INSTITUTION OF HIGHER EDUCATION, ACCORDING TO THE COUNCIL OF HIGHER EDUCATION LAW, 5718-1958, WHICH DEALS WITH RESEARCH AND TEACHING. BAR-ILAN UNIVERSITY REGARDS THE PRINCIPLES OF JUDAISM AS AN EXPRESSION OF THE UNIQUENESS OF THE JEWISH PEOPLE. A MAJOR OBJECTIVE OF THE UNIVERSITY IS TO NURTURE AND SAFEGUARD THESE PRINCIPLES AND TRAIN SCHOLARS, RESEARCHERS AND CULTURAL FIGURES WHO ARE KNOWLEDGEABLE IN THE TORAH AND IMBUED WITH THE TRUE SPIRIT OF JUDAISM A

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ...................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program services? ............................ Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ 149,422,785 including grants of $ 21,344,967 ) (Revenue $ 107,914,569 )
	First and foremost, Bar-Ilan University is an institute of higher learning offering Bachelor's Degree Studies, Master's Degree Studies and Ph.D. Degree Studies to students from around the world. Teaching and research at Bar-Ilan University are organized within the framework of eight faculties, as listed below: 1. The Faculty of Jewish Studies (which includes the Contemporary Judaism study program that is currently included within the framework of the Faculty of Jewish Studies and the Interdisciplinary Studies Committee). 2. The Faculty of Medicine 3. The Faculty of law 4. The faculty of social sciences 5. The Faculty of Exact Sciences 6. The Faculty of engineering 7. The faculty of life sciences 8. The faculty of humanities The University adheres to its quest for scientific and intellectual excellence. The academic leadership continued to work on encouraging research, improving the academic quality of the departments, promoting teaching and recruiting new staff members, including outstanding scientists returning from abroad and new immigrant scientists - through the implementation of the departmental target model and the 'growth programs' in liberal arts and experimental sciences. Research students and researchers won scholarships and grants, and contributed to the expansion of human knowledge in all fields. The University continued to pursue activities aimed at encouraging University enrollment while raising the bar for admission, absorbing outstanding candidates, and enriching the study programs offered to students. Comprehensive efficiency programs were carried out in all areas of academic administration in order to achieve optimal utilization of academic resources.

4b	(Code: ) (Expenses $ 99,615,190 including grants of $ 28,906,992 ) (Revenue $ 40,654,326 )
	Over the past year, the University continued to attract scientists returning to Israel with the aim of deepening and increasing the research output of the academic faculty. University researchers participate in five Centers of Excellence recently declared by the Israel Science Foundation. These centers enable the absorption of new faculty members and the development of important research areas. Likewise, Bar Ilan faculty members participate in the "Focused Research Center" on nanotechnology. The new Faculty of Medicine in Safed commenced its second year of operations with more than 200 students. Twelve new researchers began working in the Faculty. The Institute of Nanotechnology continued to develop and grow in terms of researchers, equipment, research activities and research students. In 2012, six new researchers were absorbed in the fields of chemistry, physics and liberal arts and the number of research students increased. A dedicated program led to the University absorbing outstanding young scientists, and University researchers continued to develop international contacts with colleagues at other universities and work to foster the exchange of research students.

4c	(Code: ) (Expenses $ 15,034,641 including grants of $ 0 ) (Revenue $ 0 )
	American Friends of Bar-Ilan University in Israel, a division of Bar-Ilan University, ("AFBIU") was organized in the United States to conduct fundraising activities in the United States for the support of BIU's programs in Israel. AFBIU makes certain grants to BIU throughout the year to support University Projects. For the year ending 09/30/2014, this amount is $15,034,641 and is reported on Form 990, Part IX as a program service expenditure.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses264,072,616

Form 990 (2013)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A Click to see attachment

........................

Yes

Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment

...

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I..........

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C,
Part III............................

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

...

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III Click to see attachment

....................

Yes

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V Click to see attachment

......

Yes

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI. Click to see attachment

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

.......

11b

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

............

11d

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

.........................

11f

12a

Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII Click to see attachment

.................

12a

Yes

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

12b

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E Click to see attachment

....

Yes

14a

Did the organization maintain an office, employees, or agents outside of the United States?.....

14a

Yes

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment

14b

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV Click to see attachment

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment

Yes

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions)....

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Form 990 (2013)

Page 4

Part IV

Checklist of Required Schedules (continued)

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II...

Did the organization report more than $5,000 of grants or other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a................

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I........

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I...................

25b

Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If so, complete Schedule L, Part II....................

Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III.........

Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV ..........................

28a

A family member of a current or former officer, director, trustee, or key employee? If "Yes,"
complete Schedule L, Part IV.....................

28b

An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV...

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M.............

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N,
Part I...........................

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II......................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I........ Click to see attachment

Yes

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1........................ Click to see attachment

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2...

35b

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI Click to see attachment

Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Form 990 (2013)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance

Check if Schedule O contains a response or note to any line in this Part V ..............

Yes

Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..

Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?..........................

Yes

If "Yes," enter the name of the foreign country: MediumBullet

IS
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?...

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................

If "Yes," did the organization notify the donor of the value of the goods or services provided?.....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?............................

Yes

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..

Yes

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?............................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?..........................

Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?............

Sponsoring organizations maintaining donor advised funds.

Did the organization make any taxable distributions under section 4966?..........

Did the organization make a distribution to a donor, donor advisor, or related person?.......

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year. ....................

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Form 990 (2013)

Page 6

Part VI

Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI ..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year .....................

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent ...................

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Yes

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .........................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Yes

Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done.......................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

Yes

If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the States with which a copy of this Form 990 is required to be filed MediumBullet

AL , AK , CA , CT , GA , IL , MD , MA , MI , MN , MS , NJ , NY , NC , OR , PA , RI , TN , VA , WI

Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, physical address, and telephone number of the person who possesses the books and records of the organization:
MediumBullet

DANIEL ENGEL160 E 56 STnew yorkNY10022 (212) 906-3900

Form 990 (2013)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII ..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(1) Dr Mordecai D Katz........................................................................ Chairman of Board of trustees	1.0 .......................	X	X	0	0	0
(2) Rabbi Aharon Lichtenstein........................................................................ Trustee	1.0 .......................	X		0	0	0
(3) Rabbi Baim Drukman........................................................................ Trustee	1.0 .......................	X		0	0	0
(4) Rabbi Moshe Hager........................................................................ Trustee	1.0 .......................	X		0	0	0
(5) Selig Wengrowsky........................................................................ Trustee	1.0 .......................	X		0	0	0
(6) Zevulun Orlev........................................................................ Trustee	1.0 .......................	X		0	0	0
(7) Avi Shaked........................................................................ Trustee	1.0 .......................	X		0	0	0
(8) Benjamin Sharbat........................................................................ Trustee	1.0 .......................	X		0	0	0
(9) Benny Landa........................................................................ Trustee	1.0 .......................	X		0	0	0
(10) David Fuhrer........................................................................ Trustee	1.0 .......................	X		0	0	0
(11) Meir Shamir........................................................................ Trustee	1.0 .......................	X		0	0	0
(12) Morris Khan........................................................................ Trustee	1.0 .......................	X		0	0	0
(13) Mr Levi Yitzchak Rahmani........................................................................ Trustee	1.0 .......................	X		0	0	0
(14) Mr Shlomo Yanai........................................................................ Trustee	1.0 .......................	X		0	0	0
(15) Mr Yehoshua Salti........................................................................ Trustee	1.0 .......................	X		0	0	0
(16) Mrs Raya Strauss Ben-Dror........................................................................ Trustee	1.0 .......................	X		0	0	0
(17) Nochi Dankner........................................................................ Trustee	1.0 .......................	X		0	0	0

Form 990 (2013)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)					(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(18) Pinchas Spielman........................................................................ Trustee	1.0 .......................	X					0	0	0
(19) Professor Yehuda Skornikt........................................................................ Trustee	1.0 .......................	X					0	0	0
(20) Ronnie Benin-Barr........................................................................ Trustee	1.0 .......................	X					0	0	0
(21) Yaakov Shahar........................................................................ Trustee	1.0 .......................	X					0	0	0
(22) Zvi Bar........................................................................ Trustee	1.0 .......................	X					0	0	0
(23) Zvi Livnat........................................................................ Trustee	1.0 .......................	X					0	0	0
(24) Dr Joshua Rosensweig........................................................................ Chair of the COF	1.0 .......................	X					0	0	0
(25) Adv Moshe Agrest........................................................................ Trustee	1.0 .......................	X					0	0	0
(26) Adv Moshe Naveh........................................................................ Trustee	1.0 .......................	X					0	0	0
(27) Adv Rami Bublil........................................................................ Trustee	1.0 .......................	X					0	0	0
(28) Avraham Blustein........................................................................ Trustee	1.0 .......................	X					0	0	0
(29) Dina Berniker........................................................................ Trustee	1.0 .......................	X					0	0	0
(30) Dr Deborah Strassburger........................................................................ Trustee	1.0 .......................	X					0	0	0
(31) Dr Ehud Shapira........................................................................ Trustee	1.0 .......................	X					0	0	0
(32) Dr Joseph Ciechanover........................................................................ Trustee	1.0 .......................	X					0	0	0
(33) Dr Yair Friedman........................................................................ Trustee	1.0 .......................	X					0	0	0
(34) Dr Yehuda Ben-Meir........................................................................ Trustee	1.0 .......................	X					0	0	0
(35) Dr Zvi Katz........................................................................ Trustee	1.0 .......................	X					0	0	0
(36) Elliot Tannenbaum........................................................................ Trustee	1.0 .......................	X					0	0	0
(37) Izak Yohai........................................................................ Trustee	1.0 .......................	X					0	0	0
(38) Miron Izakson........................................................................ Trustee	1.0 .......................	X					0	0	0
(39) Moshe Podhorzer........................................................................ Trustee	1.0 .......................	X					0	0	0
(40) Mr Gil Deutch........................................................................ Trustee	1.0 .......................	X					0	0	0
(41) Mr Gil Weil........................................................................ Trustee	1.0 .......................	X					0	0	0
(42) Mr Reuven Adler........................................................................ Trustee	1.0 .......................	X					0	0	0
(43) Mr Yaakov Dior........................................................................ Trustee	1.0 .......................	X					0	0	0
(44) Mr Zvi Itzkovitch........................................................................ Trustee	1.0 .......................	X					0	0	0
(45) Nissan Khakshouri........................................................................ Trustee	1.0 .......................	X	X				0	0	0
(46) Professor Meir Wilchek........................................................................ Trustee	1.0 .......................	X					0	0	0
(47) Rabbi Dr Chaim Shein........................................................................ Trustee	1.0 .......................	X					0	0	0
(48) Yehezkel Barenholtz........................................................................ Trustee	1.0 .......................	X					0	0	0
(49) Chief Rabbi Sir Jonathan Sacks........................................................................ Trustee	1.0 .......................	X					0	0	0
(50) Dr David Jeselsohn........................................................................ Trustee	1.0 .......................	X					0	0	0
(51) Ing Israel Feldman........................................................................ Trustee	1.0 .......................	X					0	0	0
(52) Dr Thomas O Hecht........................................................................ Trustee	1.0 .......................	X					0	0	0
(53) Dr Yonat Floersheim........................................................................ Trustee	1.0 .......................	X					0	0	0
(54) Mr Conrad Morris........................................................................ Trustee	1.0 .......................	X					0	0	0
(55) Mr David Gradel........................................................................ Trustee	1.0 .......................	X					0	0	0
(56) Mr Diego Marynberg........................................................................ Trustee	1.0 .......................	X					0	0	0
(57) Mr Hubert Leven........................................................................ Trustee	1.0 .......................	X					0	0	0
(58) Mr Joseph Frohlich West........................................................................ Trustee	1.0 .......................	X					0	0	0
(59) Mr Michael Abeles........................................................................ Trustee	1.0 .......................	X					0	0	0
(60) Mr Nessim D Gaon........................................................................ Trustee	1.0 .......................	X					0	0	0
(61) Mr Norman Sternthal........................................................................ Trustee	1.0 .......................	X					0	0	0
(62) Mr Raymond Ackerman........................................................................ Trustee	1.0 .......................	X					0	0	0
(63) Mr Romie Tager........................................................................ Trustee	1.0 .......................	X					0	0	0
(64) Mr Sam Alter........................................................................ Trustee	1.0 .......................	X					0	0	0
(65) Mr Zoltan Gaspar........................................................................ Trustee	1.0 .......................	X					0	0	0
(66) Mrs Gabi Weisfeld........................................................................ Trustee	1.0 .......................	X					0	0	0
(67) Mrs Mira Koschitsky........................................................................ Trustee	1.0 .......................	X					0	0	0
(68) Rabbi Pynchas Brener........................................................................ Trustee	1.0 .......................	X					0	0	0
(69) Mr David Shapell........................................................................ Trustee	1.0 .......................	X					0	0	0
(70) Mr Maurice Kanbar........................................................................ Trustee	1.0 .......................	X					0	0	0
(71) Mr Max Webb........................................................................ Trustee	1.0 .......................	X					0	0	0
(72) Mr Morry Weiss........................................................................ Trustee	1.0 .......................	X					0	0	0
(73) Mr Shale Stiller........................................................................ Trustee	1.0 .......................	X					0	0	0
(74) Mrs Aviva Apel........................................................................ Trustee	1.0 .......................	X					0	0	0
(75) Mrs Cherna Moskowitz........................................................................ Trustee	1.0 .......................	X					0	0	0
(76) Mrs Fanya Gottesfeld Heller........................................................................ Trustee	1.0 .......................	X					0	0	0
(77) Mrs Maria Finkle........................................................................ Trustee	1.0 .......................	X					0	0	0
(78) Mrs Susanne Czuker........................................................................ Trustee	1.0 .......................	X					0	0	0
(79) S Daniel Abraham........................................................................ Trustee	1.0 .......................	X					0	0	0
(80) Michael G Jesselson........................................................................ Trustee	1.0 .......................	X					0	0	0
(81) Jane Stern Lebell........................................................................ Trustee	1.0 .......................	X					0	0	0
(82) Gail Propp........................................................................ Trustee	1.0 .......................	X					0	0	0
(83) Ira L Rennert........................................................................ Trustee	1.0 .......................	X					0	0	0
(84) Peter Rzepka........................................................................ Trustee	1.0 .......................	X					0	0	0
(85) Jay L Schottenstein........................................................................ Trustee	1.0 .......................	X					0	0	0
(86) Moshael J Straus........................................................................ Trustee	1.0 .......................	X					0	0	0
(87) Alan Zekelman........................................................................ Trustee	1.0 .......................	X					0	0	0
(88) Daniel Hershkowitz........................................................................ President (as of 10/1/13)	40.0 .......................	X	X				63,876	0	12,403
(89) Rabbi Mitchell Wohlberg........................................................................ Trustee	1.0 .......................	X					0	0
(90) Mr Amon Katz........................................................................ Trustee	1.0 .......................	X					0	0	0
(91) Mrs Zinni Koren........................................................................ Trustee	1.0 .......................	X					0	0	0
(92) Menachern Lebel........................................................................ Trustee	1.0 .......................	X					0	0	0
(93) Tova ilan........................................................................ Trustee	1.0 .......................	X					0	0	0
(94) Moshe Moskovic........................................................................ Trustee	1.0 .......................	X					0	0	0
(95) Mr Jack Nagel........................................................................ Trustee	1.0 .......................	X					0	0	0
(96) Mr Arnikarn Shorer........................................................................ Trustee	1.0 .......................	X					0	0	0
(97) Chaim Teitlebaum........................................................................ Rector	40.0 .......................		X				245,325	0	59,411
(98) Benjamin Ehrenberg........................................................................ Vice President for Research	40.0 .......................		X				199,759	0	49,494
(99) Judith Haimoff........................................................................ Associate Vice President	40.0 .......................		X				202,369	0	40,570
(100) Yaffa Zilbershatz........................................................................ Vice President/Deputy Pres.	40.0 .......................		X				220,236	0	53,957
(101) Relly Shavit........................................................................ CFO	40.0 .......................		X				194,547	0	41,447
(102) Menachem Greenbloom........................................................................ CRO	40.0 .......................		X				147,054	0	12,849
(103) Daniel B Engel........................................................................ Controller (AFBIU)	40.0 .......................		X				126,025	0	29,311
(104) MATTHEW MARYLES........................................................................ CEO (AFBIU)	40.0 .......................		X				223,553	0	29,888
(105) SUSAN SOLOMON........................................................................ Chief Admin. Officer (AFBIU)	40.0 .......................		X				170,825	0	20,144
(106) Ronald Solomon........................................................................ Exec. Dir., West Coast (AFBIU)	40.0 .......................			X			237,124	0	48,733
(107) Howard Charish........................................................................ nat'l Director Develop (AFBIU)	40.0 .......................			X			216,334	0	27,014
(108) Shachar Lipshitz........................................................................ PROFESSOR	40.0 .......................				X		253,179	0	44,844
(109) Gidon Prachamovsky........................................................................ PROFESSOR	40.0 .......................				X		219,847	0	31,611
(110) Ran Tur-kaspa........................................................................ PROFESSOR	40.0 .......................				X		222,984	0	55,293
(111) Ido Kantor........................................................................ PROFESSOR	40.0 .......................				X		218,777	0	53,343
(112) Kenat Hochberg........................................................................ PROFESSOR	40.0 .......................				X		216,539	0	46,394
(113) Moshe Kaveh........................................................................ President (thru 9/13)	40.0 .......................					X	180,643		97,074

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	3,558,996	0	753,780

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet

308

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

Yes

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
Interuniversity computing center, 15 KLAUZNER 61394TEL AVIV0IS	library info. srvs.	4,502,472
YM Lev Consulting Services, PO BOX 10162RAMAT GAN0IS	Teaching Services	1,846,710
Ovadia Alfonse, BEN GURION 137BAT YAM0IS	Building & reno.	1,174,140
Klinor SErvices to Israel, RIBAL 18TEL AVIV0IS	Cleaning materials	1,153,355
tavas Security and Cleaning, YAFO 216JERUSALEM0IS	cleaning services	921,419
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 111

Form 990 (2013)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII .............

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a
b	Membership dues....1b
c	Fundraising events....1c
d	Related organizations...1d
e	Government grants (contributions)1e		181,847,677

f	All other contributions, gifts, grants, and similar amounts not included above1f		9,546,606

g	Noncash contributions included in lines 1a-1f:$		21,226
h	Total. Add lines 1a-1f.......			191,394,283
			Business Code
2a	STUDENT TUITION AND EDUCATIONAL RESEARCH FEES		900099	106,184,195	106,184,195
b	RESEARCH INCOME		611710	40,654,326	40,654,326
c	STUDENT SERVICE FEES		611710	1,730,373	1,730,373
d
e
f	All other program service revenue .
g	Total. Add lines 2a–2f........			148,568,894
3	Investment income (including dividends, interest, and other similar amounts).......			11,375,881			11,375,881
4	Income from investment of tax-exempt bond proceeds..			0
5	Royalties...........			80,968			80,968
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)	0	0
d	Net rental income or (loss).......			0
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	12,113,884	2,014,191
b	Less: cost or other basis and sales expenses	12,198,522
c	Gain or (loss)	-84,638	2,014,191
d	Net gain or (loss)..........			1,929,553			1,929,553
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ..
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..			0
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...			0
10a	Gross sales of inventory, less returns and allowances .
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..			0
Miscellaneous Revenue			Business Code
11a	ANCILLARY REVENUE DERIVED FROM		900099	9,729,343			9,729,343
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			9,729,343
12	Total revenue. See Instructions......			363,078,922	148,568,894		23,115,745

Form 990 (2013)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX ...............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses
1	Grants and other assistance to governments and organizations in the United States. See Part IV, line 21	0
2	Grants and other assistance to individuals in the United States. See Part IV, line 22	0
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16	50,251,959	50,251,959
4	Benefits paid to or for members	0
5	Compensation of current officers, directors, trustees, and key employees ....	2,900,781	1,740,469	653,663	506,649
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....	0
7	Other salaries and wages	190,203,472	112,058,170	75,420,074	2,725,228
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	6,661,422	3,996,853	2,664,569
9	Other employee benefits .......	45,899,569	27,416,285	18,320,270	163,014
10	Payroll taxes ...........	13,691,934	8,174,125	5,463,625	54,184
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	12,319		10,245	2,074
c	Accounting ...........	131,900		109,691	22,209
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	88,868		73,905	14,963
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........	1,829,189	1,524,805	298,440	5,944
12	Advertising and promotion ....	1,484,389	1,186,770	209,430	88,189
13	Office expenses .......	2,090,222	1,720,331	324,119	45,772
14	Information technology ......	0
15	Royalties ..	0
16	Occupancy ...........	7,722,714	6,148,833	1,256,573	317,308
17	Travel ............	226,594	133,268	23,518	69,808
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......	0
19	Conferences, conventions, and meetings ....	28,932		4,552	24,380
20	Interest ...........	0
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization .....	262,355	137,846	100,376	24,133
23	Insurance ..............	878,324	712,305	135,396	30,623
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	UNIVERSITY PROJECTS	15,034,641	15,034,641
b	CAMPUS MAINTENANCE	7,671,626	6,506,391	1,149,321	15,914
c	STUDENT SERVICES	6,555,296	5,572,002	983,294
d	CONTRACTED SERVICES	741,302	630,107	111,195
e	All other expenses	25,862,990	21,127,456	4,584,150	151,384
25	Total functional expenses. Add lines 1 through 24e	380,230,798	264,072,616	111,896,406	4,261,776
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2013)

Page 11


				(A) Beginning of year		(B) End of year
1	Cash–non-interest-bearing .............			0	1	0
2	Savings and temporary cash investments .........			26,402,505	2	19,255,877
3	Pledges and grants receivable, net ...........			23,806,524	3	18,389,811
4	Accounts receivable, net .............			12,726,875	4	15,015,628
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
				0	5	0
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
				0	6	0
7	Notes and loans receivable, net .............			288,570	7	195,639
8	Inventories for sale or use ..............			76,295	8	66,300
9	Prepaid expenses and deferred charges ..........			108,249	9	106,464
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	17,866,442
b	Less: accumulated depreciation .....	10b	1,290,148	17,405,145	10c	16,576,294
11	Investments—publicly traded securities ..........			252,029,162	11	245,477,006
12	Investments—other securities. See Part IV, line 11 .....			5,163,175	12	5,841,236
13	Investments—program-related. See Part IV, line 11 .....			0	13	0
14	Intangible assets ...............			0	14	0
15	Other assets. See Part IV, line 11 ...........			4,148,928	15	4,010,140
16	Total assets. Add lines 1 through 15 (must equal line 34)......			342,155,428	16	324,934,395
17	Accounts payable and accrued expenses .........			46,496,123	17	45,453,558
18	Grants payable .................			0	18	0
19	Deferred revenue ................			14,009,572	19	12,425,548
20	Tax-exempt bond liabilities .............			0	20	0
21	Escrow or custodial account liability. Complete Part IV of Schedule D..			0	21	0
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........			0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..			0	23	0
24	Unsecured notes and loans payable to unrelated third parties ....			0	24	0
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................			177,399,212	25	169,701,705
26	Total liabilities. Add lines 17 through 25.........			237,904,907	26	227,580,811
	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............			-103,896,534	27	-104,137,394
28	Temporarily restricted net assets ...........			94,008,874	28	84,547,229
29	Permanently restricted net assets ...........			114,138,181	29	116,943,749
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........				30
31	Paid-in or capital surplus, or land, building or equipment fund .....				31
32	Retained earnings, endowment, accumulated income, or other funds				32
33	Total net assets or fund balances ...........			104,250,521	33	97,353,584
34	Total liabilities and net assets/fund balances ........			342,155,428	34	324,934,395

Form 990 (2013)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI ..............

Total revenue (must equal Part VIII, column (A), line 12) ............

363,078,922

Total expenses (must equal Part IX, column (A), line 25) ............

380,230,798

Revenue less expenses. Subtract line 2 from line 1 ..............

-17,151,876

Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..

104,250,521

Net unrealized gains (losses) on investments ...............

-1,051,685

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

11,306,624

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))

97,353,584

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII .............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Form 990 (2013)

Form 990, Special Condition Description:

Special Condition Description

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.

Attach to Form 990 or Form 990-EZ. right arrow

See separate instructions.
right arrow

Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public
Inspection

Name of the organization

Bar Ilan University in Israel Inc

Employer identification number

13-6192275

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross

receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of

its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses

acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box that describes the type of supporting organization and complete lines 11e through 11h.

Type I

Type II

Type III - Functionally integrated

Type III - Non-functionally integrated

By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).

If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III supporting organization, check this box ..................................................

Since August 17, 2006, has the organization accepted any gift or contribution from any of the
following persons?

(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)

Yes

and (iii) below, the governing body of the supported organization? ................

11g(i)

(ii) A family member of a person described in (i) above? ......................

11g(ii)

(iii) A 35% controlled entity of a person described in (i) or (ii) above? ................

11g(iii)

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization in col. (i) listed in your governing document?		(v) Did you notify the organization in col. (i) of your support?		(vi) Is the organization in col. (i) organized in the U.S.?		(vii) Amount of monetary support
(i) Name of supported organization	(ii) EIN	Yes	No	Yes	No	Yes	No	(vii) Amount of monetary support


Total

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2013

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2009	(b) 2010	(c) 2011	(d) 2012	(e) 2013	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6	Public support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2009	(b) 2010	(c) 2011	(d) 2012	(e) 2013	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..
11	Total support (Add lines 7 through 10).

Gross receipts from related activities, etc. (see instructions) ..................

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2013 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2012 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2013. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2012. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2013. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2012. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2013

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2009	(b) 2010	(c) 2011	(d) 2012	(e) 2013	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3	Gross receipts from activities that are not an unrelated trade or business under section 513..
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge..
6	Total. Add lines 1 through 5.
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons...
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2009	(b) 2010	(c) 2011	(d) 2012	(e) 2013	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2013 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2012 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2013 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2012 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests—2013. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ........ right arrow

33 1/3% support tests—2012. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions ..... right arrow

Schedule A (Form 990 or 990-EZ) 2013

Page 4

Part IV

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Explanation

Schedule A (Form 990 or 990-EZ) 2013

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2013

Name of the organization

Bar Ilan University in Israel Inc

Employer identification number

13-6192275

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi) and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not total more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year ......................... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Page 2

Name of organization Bar Ilan University in Israel Inc

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	RESTRICTED RESTRICTED RESTRICTED RESTRICTED, RESTRICTEDRESTRICTED	$RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Page 3

Name of organization Bar Ilan University in Israel Inc

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Page 4

Name of organization
Bar Ilan University in Israel Inc

Employer identification number

13-6192275

Part III

Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet

Attach to Form 990. SchDMd Bullet

See separate instructions. SchDMd Bullet

Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public Inspection

Name of the organization

Bar Ilan University in Israel Inc

Employer identification number

13-6192275

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate contributions to (during year) ...
3	Aggregate grants from (during year) .....
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ....................	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenues included in Form 990, Part VIII, line 1 ........................ SchDMd Bullet

(ii)

Assets included in Form 990, Part X .............................. SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

Revenues included in Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2013

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No

If "Yes," explain the arrangement in Part XIII and complete the following table:


c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Did the organization include an amount on Form 990, Part X, line 21? .....................

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........

Part V

Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.

		(a)Current year	(b)Prior year	b (c)Two years back	(d)Three years back	(e)Four years back
1a	Beginning of year balance ....	116,845,706	139,765,698	119,458,865	114,444,843	111,392,646
b	Contributions ........	1,642,252	-6,326,760	5,826,001	1,095,234	4,935,959
c	Net investment earnings, gains, and losses	6,749,383	-16,566,652	14,496,677	3,933,444	-1,840,242
d	Grants or scholarships .....	72,099	26,580	15,845	14,656	43,520
e	Other expenditures for facilities and programs ........
f	Administrative expenses ....
g	End of year balance ......	125,165,242	116,845,706	139,765,698	119,458,865	114,444,843

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

14.161 %

Permanent endowment SchDMd Bullet

71.752 %

Temporarily restricted endowment SchDMd Bullet

14.087 %

The percentages in lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations ........................

3a(i)

(ii) related organizations ........................

3a(ii)

If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value
1a	Land .................
b	Buildings ................	17,423,865	1,023,303	16,400,562
c	Leasehold improvements ............	233,474	87,754	145,720
d	Equipment ................	209,103	179,091	30,012
e	Other .................
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......				16,576,294

Schedule D (Form 990) 2013

Page 3

Part VII

InvestmentsOther Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)		(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment		(b) Book value	(c) Method of valuation: Cost or end-of-year market value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability		(b) Book value
Federal income taxes		0
DUE TO THIRD PARTIES		1,291,764
RETIREMENT BENEFIT OBLIGATION		168,409,941







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		169,701,705
2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII ..................................................

Schedule D (Form 990) 2013

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains on investments ..........	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1.....................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.......................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a
b	Prior year adjustments ..............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d......................		2e
3	Subtract line 2e from line 1.....................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.......................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
Part III	BIU has a vast collection of works of art, books and documents that are used for the benefit of the public and for the student body (for research, education and cultural purposes). BIU does not value these items in its audited financial statements and is not required to include a footnote in its Israel financial statements as it is not subject to SFAS 116.
Part V, Line 4 - BIU	BIU holds an extensive endowment that is intended to fund future student scholarships, as well as educational programs. A specific percentage of the endowment fund is used to support the Benevolent Society for the Support of the Institute of Higher Torah Studies. BIU intends that the endowment's principal be left untouched, while its earnings will be used to fund its educational programs. For 990 reporting, the endowment balances have been converted from shekels to dollars. Since the exchange rate changes from year-to-year, the beginning balance will change accordingly. For consistency's sake, we have carried forward the 09/30/13 endowment balance at the same rate that was used last year. To achieve the proper conversion of the endowment's ending balance at 09/30/2014, a currency adjustment is reported on line 1(c) along with the year's investment earnings.
Part V, Endowment Supplement - AFBIU	The American Division, likewise, holds an endowment, the funds of which are intended to be used to support BIU's educational mission. In the interests of clarity, AFBIU reports the following: Endowment Assets, beginning of the year - $10,451,192 Endowment Assets, End of the year - $11,228,769 Since the endowments of BIU and AFBIU are maintained seperately (and in different currencies), in the interest of clarity, the amounts reported in the above table are not reflected on Schedule D, Part V, Line 1 (that table reflects the endowment activity of BIU alone).
Part X, Line 2	BIU's financial statements issued in Israel do not contain a FIN-48 footnote as this is a United States accounting pronouncement. AFBIU's FIN-48 footnote is as follows: AFBIU follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more-likely-than-not" to be sustained if the positon were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the positon may be challenged. AFBIU is exempt from federal income tax under IRC Section 501(c)(3), though it is subject to tax on income unrelated to their exempt purpose, unless that income is otherwise excluded by the code. AFBIU has processes presently in place to ensure the maintenance of their tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it was nexus; and to identify and evaluate other matters that may be considered tax positions. For AFBIU, the tax year ending September 30, 2014 is still open to audit for both federal and state purposes. The organization has determined that there are no material uncertain tax positions that require recognition disclosure in the financial statements.
Parts XI, XII & XIII	BIU and AFBIU receive separate audited financial statements that are compiled by two different accounting firms and are prepared in two different currencies. The first set of financial statements reports the activities of BIU; all financial data is reported in shekels. The second set of financial statements reports the activities of AFBIU; all financial data is reported in dollars. For 990 purposes, the financial data in both reports are combined. Due to fluctuations in currency exchange rates and different accounting principles in the U.S. vs. Israel, Parts XI, XII and XIII of Schedule D are omitted. The 2013 instructions to the Form 990 stipulate that an organization receiving consolidated audited financial statements is not required to complete Schedule D, Parts XI, XII & XIII. While BIU does not receive consolidated audited financial statements per se, the act of combining two separate financial statements to report its activities amounts to the same thing. For these reasons, Bar Ilan University of Israel, Inc. has opted to forego completion of Schedule D, Parts XI, XII & XIII.

Schedule D (Form 990) 2013

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE E(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Schools

Complete if the organization answered "Yes" to Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image

Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image

Information about Schedule E (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public Inspection

Name of the organization

Bar Ilan University in Israel Inc

Employer identification number

13-6192275

Part I

YES

Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,

other governing instrument, or in a resolution of its governing body? ......................

Yes

Does the organization include a statement of its racially nondiscriminatory policy toward students in all its

brochures, catalogues, and other written communications with the public dealing with student admissions,

programs, and scholarships? ......................................

Yes

Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during

the period of solicitation for students, or during the registration period if it has no solicitation program, in a way

that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"

please explain. If you need more space use Part II. .............................

Yes

Does the organization maintain the following?

Records indicating the racial composition of the student body, faculty, and administrative staff? ..........

Yes

Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory

basis? ...............................................

Yes

Copies of all catalogues, brochures, announcements, and other written communications to the public dealing

with student admissions, programs, and scholarships? ...........................

Yes

Copies of all material used by the organization or on its behalf to solicit contributions? ..............

Yes

If you answered "No" to any of the above, please explain. If you need more space, use Part II.

Does the organization discriminate by race in any way with respect to:

Students' rights or privileges? .....................................

Admissions policies? .........................................

Employment of faculty or administrative staff? ..............................

Scholarships or other financial assistance? ................................

Educational policies? .........................................

Use of facilities? ...........................................

Athletic programs? ..........................................

Other extracurricular activities? .....................................

If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.

Does the organization receive any financial aid or assistance from a governmental agency? ...........

Yes

Has the organization's right to such aid ever been revoked or suspended? ...................

If you answered "Yes" to either line 6a or line 6b, explain on Part II.

Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05

of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II.

Yes

Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.

Cat. No. 50085D

Schedule E (Form 990 or 990-EZ) 2013

Schedule E (Form 990 or 990EZ) 2013

Page 2

Part II

Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also complete this part to provide any other additional information (see instructions).

Return Reference	Explanation
Schedule E, Line 3	BIU'S NONDISCRIMINATORY POLICY IS PUBLISHED IN MOST OF THE UNIVERSITY's COMMUNICATIONS TO THE PUBLIC, INCLUDING IN BROCHURES, IN NEWSPAPER ARTICLES, ON ITS WEBSITE, AND IN ITS ADMISSION APPLICATION.
Schedule E, Line 6a	THE UNIVERSITY RECEIVES THE overwhelming BULK OF ITS PUBLIC SUPPORT FROM THE COUNCIL ON HIGHER EDUCATION. THE COUNCIL ON HIGHER EDUCATION FUNDS VARIOUS UNIVERSITIES AND PROVIDES SPECIFIC FUNDING FOR BASIC RESEARCH.

Schedule E (Form 990 or 990-EZ) 2013

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16. Right pointing arrow large image

Attach to Form 990. Right pointing arrow large image

See separate instructions. Right pointing arrow large image

Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public Inspection

Name of the organization
Bar Ilan University in Israel Inc

Employer identification number

13-6192275

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 14b.

For grantmakers.Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? ...............................

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in region	(d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in region	(f) Total expenditures for and investments in region
	Middle East and North Africa	1	6,661	Program Services	Education/Research	380,230,798
	Europe (Including Iceland and Greenland)	1		Fundraising
	North America	1		Fundraising
	East Asia and the Pacific	1		Fundraising
	Central America and the Caribbean			Investments		1,833,594
	Middle East and North Africa			Investments		221,674,402











3a	Sub-total .....	4	6,661			603,738,794
b	Total from continuation sheets to Part I ...
c	Totals (add lines 3a and 3b)	4	6,661			603,738,794

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2013

Schedule F (Form 990) 2013

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

1 (a) Name of organization		(b) IRS code section and EIN (if applicable)	(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement	(g) Amount of non-cash assistance	(h) Description of non-cash assistance	(i) Method of valuation (book, FMV, appraisal, other)

Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .... MediumBullet

Enter total number of other organizations or entities ....................... MediumBullet

Schedule F (Form 990) 2013

Schedule F (Form 990) 2013Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

	(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement
Student Scholarships	Middle East and North Africa	4,146	21,344,967	CASH
Masters Degree Scholarships	Middle East and North Africa	604	28,906,992	CASH

Schedule F (Form 990) 2013

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2013

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).

ReturnReference	Explanation
Schedule F, Part I, Line 2	BIU offers two types of grants to individuals. 1. Student Scholarships - BIU provides student scholarships to individuals who intend to matriculate at the University. These scholarships are based on either merit or need. BIU has a Scholarship Department that oversees and monitors the issuance of grants to students. Since the funds are used exclusively to defray the costs of tuition, monitoring of funds is very limited. 2. Research Grants - BIU provides research grants primarily to graduate students and visiting scientists to conduct research in conjunction with BIU faculty and students.
Schedule F, Part I, Line 3	Bar-Ilan University in Israel, Inc. is an american organization that is, as noted in other parts to the Form 990, comprised of the university itself (BIU), and its fundraising division (AFBIU). BIU is located in the Middle East; AFBIU operates in the United States. The preponderance of BIU's activities are conducted in Israel and the amounts reported as expenditures in the Middle East and North Africa Region represent all costs incurred by BIU in pursuit of operating the University (inclusive of scholarship costs). In recent years, BIU has expanded its fundraising efforts outside Israel (other than in the United States) to those regions listed in Part I, Line 3. BIU is, as of the date of this filing, unable to quantify how many employees are classified as working in each region, but it is expected to be a very small amount. As of the time of filing, BIU has not specifically tracked expenditures related to those regions. Amounts reported as investments in the Caribbean region represent investments held by AFBIU in its portfolio; all of BIU's investments are held in the Middle East Region.
Schedule F, Part III	BIU provides scholarships to students matriculating at the institution at all degree levels. The scholarship breakdown (as reported on Schedule F, Part III is as follows: Bachelor's Degree Students - 2,576 scholarships Master's Degree Students - 655 scholarships Doctorate Degree Students - 915 scholarships BIU also grants various research grants; for the year ending September 30, 2014, BIU awarded 604 research grants.

Schedule F (Form 990) 2013

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990. SchJMediumBullet

See separate instructions.
SchJMediumBullet

Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public Inspection

Name of the organization

Bar Ilan University in Israel Inc

Employer identification number

13-6192275

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? ................

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 5a or 5b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 6a or 6b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................

If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2013

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation reported as deferred in prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation reported as deferred in prior Form 990
(1)Chaim TeitlebaumRector	(i) (ii)	245,325 0	0	0	0	59,411	304,736 0
(2)Benjamin EhrenbergVice President for Research	(i) (ii)	199,759 0	0	0	0	49,494	249,253 0
(3)Judith HaimoffAssociate Vice President	(i) (ii)	202,369 0	0	0	0	40,570	242,939 0
(4)Yaffa ZilbershatzVice President/Deputy Pres.	(i) (ii)	220,236 0	0	0	0	53,957	274,193 0
(5)Relly ShavitCFO	(i) (ii)	194,547 0	0	0	0	41,447	235,994 0
(6)Menachem GreenbloomCRO	(i) (ii)	147,054 0	0	0	0	12,849	159,903 0
(7)Daniel B EngelController (AFBIU)	(i) (ii)	126,025 0	0	0	5,958	23,353	155,336 0
(8)MATTHEW MARYLESCEO (AFBIU)	(i) (ii)	223,553 0	0	0	11,250	18,638	253,441 0
(9)SUSAN SOLOMONChief Admin. Officer (AFBIU)	(i) (ii)	170,825 0	0	0	8,750	11,394	190,969 0
(10)Shachar LipshitzPROFESSOR	(i) (ii)	253,179 0	0	0	0	44,844	298,023 0
(11)Gidon PrachamovskyPROFESSOR	(i) (ii)	219,847 0	0	0	0	31,611	251,458 0
(12)Ronald SolomonExec. Dir., West Coast (AFBIU)	(i) (ii)	237,124 0	0	0	21,735	26,998	285,857 0
(13)Howard Charishnat'l Director Develop (AFBIU)	(i) (ii)	216,334 0	0	0	10,815	16,199	243,348 0
(14)Ran Tur-kaspaPROFESSOR	(i) (ii)	222,984 0	0	0	0	55,293	278,277 0
(15)Ido KantorPROFESSOR	(i) (ii)	218,777 0	0	0	0	53,343	272,120 0
(16)Kenat HochbergPROFESSOR	(i) (ii)	216,539 0	0	0	0	46,394	262,933 0

Schedule J (Form 990) 2013

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) 2013

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public
Inspection

Name of the organization

Bar Ilan University in Israel Inc

Employer identification number

13-6192275

Return Reference	Explanation
Form 990, General Statement	Bar-Ilan University in Israel, Inc. is a complex entity for U.S. tax reporting purposes. It consists of two separate Divisions, BIU, which operates in Israel, and AFBIU, which conducts fundraising and related activities in the United States. The activities of the two divisions roll into the Form 990 on a combined basis. All program service activities are conducted by BIU and substantially all fixed assets are held by BIU in Israel. BIU receives its own stand-alone financial statements and its financial data is reported in Shekels. For 990 purposes, those financial statements are converted to U.S. dollars using a representative conversion rate. AFBIU is the American fundraising arm of the University, which is located in the United States. AFBIU conducts its affairs, for all intents and purposes, akin to a "Friends of" organization that provides a fundraising mechanism for the benefit of Bar-Ilan University of Israel, Inc. AFBIU applied for recognition of tax exempt status separate and distinct from that of BIU in 2013; that exemption was granted by the Internal Revenue Service in September of 2014. The process of separating BIU and AFBIU has not been concluded prior to the conclusion of the organization's tax year; accordingly, BIU and AFBIU continue to aggregate their financial data and operational activity into one 990. AFBIU files its own independent form 990-N. The Form 990 has several Schedule O footnotes throughout the return to explain certain unusual aspects of BIU's operations.
Form 990, Part I, Line 5 & Part V, Line 2a	BIU has 6,661 employees. Since these employees are not U.S. residents, they do not receive a Form W-2. Part V, Line 2a and Part I, Line 5 require the organization to report its U.S. employees (as reported on Form W-3). none of the salaries paid to BIU employees are reported on a U.S. w-2. The 26 employees reported on Part V, Line 2a and Part 1, Line 5 represent employees of AFBIU, the U.S. entity that actually files a Form W-3.
Form 990, Part IV, Line 4 & Schedule C	BIU does conduct lobbying, but it does so outside the United States. BIU undertakes no lobbying activities in the United States and, as such, the organization is taking the position that it does not lobby for U.S. purposes (and can, thus, answer Part IV, Line 4 NO and dispense with filing Schedule C). AFBIU does not undertake any lobbying activities.
Form 990, Part IV, Lines 28(a)-(c)	BIU does not believe that it has any conflicts of interest that need to be reported on Schedule L of the Form 990; however, in the interests of clarity, the organization wishes to disclose that several Board Members have relationships with entities upon which the individual may also sit as a Board Member. BIU maintains that these relationships are incidental and the amounts remit between the organizations do not rise to the reporting thresholds required by Schedule L. Alternatively, to the extent that there are any contractual relationships with organizations that Board Members may be involved with, all such contracts are negotiated at arm's length and at market rates (and done in the ordinary course of business). The American Division, AFBIU, has no conflicting relationships to report in any capacity.
Form 990, Part VI, Line 1a & 1b & Part VII	BIU and AFBIU are governed by separate Boards. The BIU Board of Trustees is reported on the Form 990, Part VII. The BIU Board is comprised of approximately 96 individuals. AFBIU has a separate Board of Overseers that oversees U.S. activities (comprised of 36 individuals). twelve of the BIU Board members sit on the AFBIU board of overseers. S. Daniel Abraham* Harris Bak Steven J. Berger Daisy Berman Jonathan L. Blinken Jack D. Burstein Nissim Dahan Charles Frankel Daniel Gildin Cheryl Halpern Eleazer Hirmes Laurie M. Hirsch Stephen Hoffman Michael G. Jesselson* Mordecai D. Katz* Daniel Krasner Jane Stern Lebell* Frank Lee Michael Maling Jack M. Nagel* Fred Ohebshalom Drew Parker Gail Propp* Ira L. Rennert* Steven P. Rosenberg Peter Rzepka* David Sable Lawrence M. Schantz Jay L. Schottenstein* Gary A. Shiffman Rena Slomovic Ronnie Stern Moshael J. Straus* Ronald S. Tauber Mitchell Wohlberg* Alan Zekelman* * - Denotes individual sits on the BIU Board, as well.
Form 990, Part VI, Line 2	The BIU board contains approximately 96 individuals, most of whom reside outside the United States. Some of these Board Members sit in an ex-officio or honorary capacity and have not been disclosed on the Form 990 since these individuals do not have voting powers. These board members may have family or business relationships. Additional information is available upon request. The AFBIU Board is comprised of 36 individuals the following family relationships have been identified: Jane Stern Lebell & Ronnie Stern have a family relationship. Jack Nagel & Drew Parker have a family relationship. Michael Jesselson & Steven Rosenberg have a family relationship. The AFIBU Board has not identified any business relationships between its board members.
Form 990, Part VI, Line 9	Bar-Ilan University in Israel, Inc. has a United States mailing address; however, the majority of BIU's Board members are not U.S. citizens and reside outside the United States (either in Israel or in other foreign countries). Nevertheless, any officer, director, trustee or key employee listed on the Form 990 can be reached at Bar-Ilan University in Israel, Inc.'s United States mailing address.
Form 990, Part VI, Line 11	Form 990 was prepared by an independent accounting firm in the United States, in conjunction with members of AFBIU management in the United States, with information provided by the BIU Finance Department in Ramat-Gan, Israel. The rules governing tax-exempt organizations in Israel are different than those used in the United States; accordingly, the BIU Finance department used its best efforts to comply with the requirements instituted by the Internal Revenue Service. The financial information pertaining to AFBIU is derived from U.S. audited financial statements issued in conformity with generally accepted accounting principles; the financial information pertaining to BIU is derived from audited financial statements prepared by the accounting firm of Kesselman and Kesselman in Tel Aviv, Israel in a format that is not customary for United States tax-exempt organizations. Accordingly, this Form 990 is prepared with combined financial information in a manner that best replicates the format in which data is intended to be captured on the Form 990.
Form 990, Part VI, Line 12	BIU and AFBIU operate under different conflicts of interest procedures. BIU and its attendant personnel, Board Members and officers perform their job functions in Israel, where they are governed by procedures that are monitored in Israel. BIU's Comptroller will review any potential conflicts. In the U.S., AFBIU is supervised by a separate Board of Overseers. Each officer, board member and key employee of AFBIU is required to annually disclose any conflicts of interest that arise by virtue of their employment, board service, or position. AFBIU monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are reviewed immediately.
Form 990, Part VI, Line 13	BIU does not have a whistleblower policy in place in Israel; however, it does have a document retention policy. AFBIU, located in the United States, has instituted both a whistleblower policy and a document retention policy.
Form 990, Part VI, Line 15	Bar-Ilan University in Israel, Inc. has two classes of officers that are reported on Part VII and Schedule J of the Form 990. according to strict ISRAELI government guidelines, One officer class serves BIU. None of these officers are U.S. residents and, therefore, are not subject to United States employment tax rules. The compensation for these individuals is established according to strict government guidelines and regulations. These individuals do not have any input into the compensation granted to those persons running BIU. Since compensation is established pursuant to government regulations, the U.S. concept of rebuttable presumption of reasonableness is not an abiding concern. The second officer class serves AFBIU in the United States and is comprised of U.S. Citizens. For these individuals, AFBIU undertakes a thorough process to ensure that the executive compensation it pays to its officers and key employees is reasonable. In relevant part, the AFBIU Board has established a Compensation Committee of independent persons that have no personal interest in the proposed compensation agreement. The Compensation Committee utilizes comparability and benchmarking surveys to ensure that AFBIU compensates its executives commensurate with the market. In the interests of clarity, please note that the following individuals listed on the Form 990 are BIU officers: Daniel Hershkowitz, President Chaim Teitlebaum, Rector Benjamin Ehrenberg, Vice President for Research Judith Haimoff, Associate Vice President Yaffa Zilbershats Vice President/Deputy President Relly Shavit, CFO Menachem Greenbloom, CRO The following individuals are operating officers of AFBIU: Matthew Maryles (thru 12/14), CEO Susan Solomon, CAO Daniel Engel, Controller
Form 990, Part VI, Line 19	The taxpayer makes its Form 990 available to the public by retaining a copy at its place of business in the United States. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.
Form 990, Part VIII, Line 3	Since BIU's investment portfolio is held outside the United States, a detailed schedule of investment gains is unavailable. The University's audited financial statements report the following mix of investment gains and losses: Appreciation of Securities 14,940,661 Interest Income 1,376,173 Currency Exchange (3,623,827) Bank Expenses (23,461) Fund Revaluation 787,938 Stabilizing Gains (2,643,626) --------------------------------------- Total Inv. Gains (Israel) $11,237,984 To the extent any of this investment gain represents a capital gain, it has been reported on Line 3 instead of Line 7. Form 990, Part VIII, Line 11(a) The audited financial statements of BIU are not presented according to US GAAP; accordingly, the classifications of revenue streams are not consistent with U.S. presentation. Miscellaneous income reported on Line 11 represents revenues from a diverse variety of activities undertaken by BIU (e.g. real property rental income); additional detail is available upon request. All of these activities are either related to the University's exempt mission or otherwise excludible as activities that are provided for the convenience of the University's students, faculty and/or visitors. These revenue streams include real property rental income (as well as income from the leasing of roof space for the installation of cell antennae).
Form 990, Part IX	The functional expense classification on Part IX of the Form 990 is broadly representative of the allocation of program service expenses as reported in the Israel financial statements. Unlike most U.S. financial statements, the Israeli financial statements do not allocate expenses between administrative (overhead) expenses and those expenses used in day-to-day programs. BIU has allocated the expenses consistent with the presentation in previous Forms 990. BIU broadly identifies fundraising expenditures in its annual audited financial statements; however, the organization does not specifically track or identify those expenses in its audited financial statements. These amounts have been classified in the aggregate on Line 24(e). AFBIU's audited financial statements do include a very precise classification of its fundraising expenditures; accordingly, those expenses have been identified in Part IX, column (d) in their appropriate classification.
Form 990, Part IX, Line 5	BIU is reporting its calendar year wages on Form 990, Part IX, Line 5 since a more accurate breakout on a fiscal basis is not available due to the unusual manner in which the Form 990 data for the organization are compiled.
Form 990, Part IX, Line 24(a)	BIU lists an expenditure for University Projects - totaling - $15,034,641. This expense represents amounts granted by AFBIU to the University to fund projects, scholarships, and educational programs. Essentially, this transaction is an expenditure on AFBIU's financial statements, but represents revenue received by BIU in the Israeli financial statements. Since BIU does not specifically identify the revenue in the financial statements as coming from AFBIU, and the amount is allocated to various different revenue accounts, in the interests of clarity, Bar-Ilan University in Israel is reporting both sides of the transaction.
Form 990, Part XI, Line 9	Net Assets Released from Restriction: BIU - $4,915,885 Currency Exchange Valuation and Other Adjustments PER the BIU Financial Statements: - $6,085,590 Unrealized gains and change in value of split interest agreement: - $305,149 ----------------------------------------------------------- Total Changes in Net Assets: $11,306,624

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2013

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990. MediumBullet

See separate instructions.
MediumBullet

Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public Inspection

Name of the organization

Bar Ilan University in Israel Inc

Employer identification number

13-6192275

Part I

Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity
(1) Bar Ilan Research and Development Co Bar Ilan University Ramat Gan 52900 IS	RESEARCH	IS	0	0	Bar Ilan

Part II

Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1) Ludwig and Erica Jesselson Higher Torah Bar Ilan University 52900 ramat gan IS	Education	IS	n/a	N/A	NA		No
(2) haron Dahan Fund for Bar-ilan university 160 east 56th street new york,NY10022 26-3541989	fundraising	NY	501(c)(3)	11	na		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2013

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	Yes	No

Schedule R (Form 990) 2013

Page 3

Part V

Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .

b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .

l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .

m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .

Yes

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .

Yes

o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved

Schedule R (Form 990) 2013

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V?UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V?UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2013

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R (see instructions).

Return Reference	Explanation
Schedule R, Part I	Bar Ilan research and Development company is a private company engaged in commercializing the University's intellectual property. the organization is owned 100% by biu; its activities are immaterial to biu's financial statements; accordingly, the total income and end of year assets are not available at this time.

Schedule R (Form 990) 2013

Additional Data

Software ID:
Software Version:

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes,"the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926)......................................	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A).......................................	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471)..............................	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621)...............................................	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships. (see Instructions for Form 8865)....................................	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see Instructions for Form 5713)................................................	Yes	No