Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 65,918,682 | 54,381,322 | 53,786,287 | 83,041,093 | 115,608,816 | 372,736,200 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 65,918,682 | 54,381,322 | 53,786,287 | 83,041,093 | 115,608,816 | 372,736,200 |
| 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) .. | 29,669,572 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 343,066,628 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 65,918,682 | 54,381,322 | 53,786,287 | 83,041,093 | 115,608,816 | 372,736,200 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 2,051,819 | 2,610,141 | 2,834,680 | 4,370,499 | 5,890,834 | 17,757,973 |
| 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 VI.).. | 25,740 | 83,334 | 593,850 | 1,104,843 | 1,393,965 | 3,201,732 |
| 11 | Total support. Add lines 7 through 10 | 393,695,905 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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.) | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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 on 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 VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| Schedule A, Part II, Line 10 Other Income | DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS NOT INCLUDING CONTRIBUTIONS REPORTED ON PART VIII, LINE 1C, COLUMN A - 25740.0, COLUMN B - 83334.0, COLUMN C - 593850.0, COLUMN D - 1104843.0, COLUMN E - 1393965.0, COLUMN F - 3201732.0; |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |
| Return Reference | Explanation |
|---|---|
| Form 990, Part I, Line 10 Investment Income | UNREALIZED GAINS OF $12,713,452 AND $16,875,361 IN 2024 AND 2023, RESPECTIVELY WERE INCURRED, BUT ARE NOT REQUIRED TO BE INCLUDED IN THIS LINE. |
| Form 990, Part I, Line 8 CONTRIBUTIONS AND GRANTS | CONTRIBUTIONS AND GRANTS TOTALING $115,596,511 IN 2024 WERE $32,555,418 HIGHER THAN THE $83,041,093 REPORTED IN 2023. IN 2024, AJC RECEIVED INCREASED RESTRICTED FUNDS FOR SUPPORT OF ITS COMMUNICATION EFFORTS POST OCTOBER 7TH, AS WELL AS NEW GIFTS IN SUPPORT OF AJC'S CENTER FOR EDUCATIONAL ADVOCACY AND CENTER FOR THE NEW MIDDLE EAST. WITH INCREASED FUNDING AVAILABLE IN 2024 FOR ITS COMMUNICATIONS EFFORTS, CORRESPONDING INCREASES TO EXPENSES WERE NOTED IN 2024 OVER 2023. |
| Form 990, Part III, Line 4a-4c Description of program services | (Expenses $ 7,943,605 including grants of $ 65,151)(Revenue $ 168,289) OTHER 2024 PROGRAMMATIC ACTIVITIES: AJC'S OTHER 2024 PROGRAMMATIC ACTIVITIES INCLUDE: (1) INTERRELIGIOUS AND INTERGROUP RELATIONS: AJC BUILDS COALITIONS WITH LIKE-MINDED PARTNERS TO ADVANCE SHARED INTERESTS AND VALUES, AND TO FURTHER UNDERSTANDING. THE AGENCY FIRMLY BELIEVES THAT THE WELL-BEING OF THE JEWISH COMMUNITY IS LINKED TO THAT OF OTHER FAITH AND MINORITY GROUPS IN THE UNITED STATES AND AROUND THE WORLD. IN 2024, AJC CREATED TRANSLATE HATE: THE CATHOLIC EDITION, A GROUNDBREAKING RESOURCE FOR CHURCHES ACROSS AMERICA TO PAVE THE WAY TOWARDS ERADICATING ANTISEMITISM.; (2) AMID A MASSIVE SURGE IN ANTISEMITIC AND ANTI-ZIONIST INCIDENTS AT COLLEGES AND K-12 SCHOOLS, AJC ESTABLISHED A NEW CENTER FOR EDUCATION ADVOCACY IN 2024. THE CENTER'S MULTI-TIERED APPROACH AIMS TO ALLOW JEWS OF ALL AGES, IN ALL EDUCATIONAL SPACES, TO LEARN AND GROW WITHOUT THE THREATS OF HARASSMENT, INTIMIDATION, AND VIOLENCE. IN SEPTEMBER, AJC CO-HOSTED MORE THAN 100 UNIVERSITY LEADERS FOR THE LARGEST-EVER UNIVERSITY PRESIDENTS SUMMIT ON CAMPUS ANTISEMITISM; (3) ACCESS, AJC'S YOUNG PROFESSIONAL DIVISION, IS CHARGED WITH EMPOWERING JEWISH LEADERS TO ADVOCATE ON BEHALF OF CRITICAL DOMESTIC AND GLOBAL ISSUES FACING THE JEWISH COMMUNITY. IN 2024, IT FACILITATED 130 PROGRAMS FOR THOUSANDS OF EMERGING JEWISH LEADERS IN 15 CITIES WORLDWIDE. ACCESS WAS ALSO THE ENGINE BEHIND AJC'S INAUGURAL 3CS CONTENT CREATOR SUMMIT, WHICH EQUIPPED INFLUENCERS WITH CONTENT, COMMUNITY, AND CONFIDENCE TO COMBAT ANTISEMITISM ON THEIR PLATFORMS.; (4) 2024 ALSO SAW THE CREATION OF AJC'S CENTER FOR A NEW MIDDLE EAST AIMED AT FOSTERING PEACE AND CIVILITY BETWEEN ISRAEL AND ITS NEIGHBORS THROUGH DIPLOMACY, CIVIL SOCIETY, AND BUSINESS. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | AJC IS A MEMBERSHIP ORGANIZATION UNDER APPLICABLE NEW YORK NONPROFIT CORPORATION LAW, AND THE MEMBERS OF ITS BOARD OF GOVERNORS CONSTITUTES ITS CORPORATE MEMBERSHIP. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | SEE ABOVE. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | SEE ABOVE. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE RETURN WAS PREPARED INTERNALLY AND THEN REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY AJC'S STAFF. THE DRAFT WAS THEN REVIEWED BY AJC'S AUDIT COMMITTEE, AND SUBSEQUENTLY PROVIDED TO AJC'S EXECUTIVE COUNCIL PRIOR TO FILING WITH THE IRS. PURSUANT TO AJC'S BYLAWS, THE EXECUTIVE COUNCIL CONSTITUTES AJC'S BOARD OF DIRECTORS AS THAT TERM IS USED IN THE NEW YORK NOT-FOR-PROFIT CORPORATION LAW. |
| Form 990, Part VI, Line 12c Conflict of interest policy | AJC HAS WRITTEN CONFLICT OF INTEREST POLICIES COVERING ALL MEMBERS OF THE EXECUTIVE COUNCIL, MEMBERS OF THE INVESTMENT COMMITTEE, OFFICERS, AND EMPLOYEES STIPULATING THAT NO INDIVIDUAL MAY PARTICIPATE IN A DISCUSSION OR DECISION ON ANY MATTER IN WHICH HE OR SHE HAS A MATERIAL FINANCIAL INTEREST, AND HE OR SHE MUST DISCLOSE ANY POTENTIAL CONFLICTS. ALL MEMBERS OF THE EXECUTIVE COUNCIL, OFFICERS, KEY EMPLOYEES WHO HAVE SIGNING AUTHORITY, AND OTHER EMPLOYEES ARE REQUIRED TO CERTIFY COMPLIANCE WITH THE APPROPRIATE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND TO INDICATE WHETHER THE ORGANIZATION DOES BUSINESS WITH AN ENTITY IN WHICH THEY HAVE A MATERIAL FINANCIAL INTEREST. RESTRICTIONS IMPOSED ON PERSONS WITH A CONFLICT INCLUDE REFRAINING FROM PARTICIPATING IN DELIBERATIONS AND DISCUSSIONS, AS WELL AS ANY DECISION, RELATING TO THE ALLEGED CONFLICT. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | IN 2024, AJC HIRED A COMPENSATION CONSULTANT WHO CONDUCTED A SALARY REVIEW OF CHIEF EXECUTIVE OFFICER COMPENSATION, REVIEWING FAIR MARKET COMPARABLE FOR POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE CHIEF EXECUTIVE OFFICER'S MULTI-YEAR CONTRACT WAS REVIEWED AND APPROVED BY AN INDEPENDENT COMPENSATION COMMITTEE AND SUBSEQUENTLY APPROVED BY THE EXECUTIVE COUNCIL. THE ORGANIZATION MAINTAINS RECORDS REGARDING THE COMPENSATION SETTING PROCESS. COMPENSATION OF OTHER KEY EMPLOYEES FOR THE PAST SEVERAL YEARS HAS BEEN TIED TO THE SALARY INCREASES NEGOTIATED WITH AJC'S LABOR UNIONS, EXCEPT FOR THOSE WHO HAVE RECEIVED PROMOTIONS AND/OR INCREASED RESPONSIBILITIES. ALL DETERMINATIONS OF COMPENSATION ARE CONTEMPORANEOUSLY DOCUMENTED IN WRITING. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | In 2024, salaries for senior managers and key employees were reviewed by the Executive Compensation Committee. AJC retained a professional compensation firm in 2019 and performed a complete a review of relevant salaries and adopted a multi-year plan for adjusting salaries of relevant senior management. The review from 2019 were performed again in 2024. ALL DETERMINATIONS OF COMPENSATION ARE CONTEMPORANEOUSLY DOCUMENTED IN WRITING. |
| Form 990, Part VI, Line 19 Required documents available to the public | AJC CURRENTLY DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. AJC CURRENTLY MAKES ITS CONFLICT OF INTEREST POLICY AND WHISTLEBLOWER POLICY AVAILABLE TO THE PUBLIC ON ITS WEBSITE. THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE ALSO AVAILABLE ON ITS WEBSITE AND FORM 990T IS AVAILABLE UPON REQUEST. THE IRS DOES NOT REQUIRE THE PUBLIC DISSEMINATION OF AJC'S IRS FORM 1023 BECAUSE THE ORGANIZATION WAS INITIALLY RECOGNIZED AS TAX EXEMPT IN 1929 AND PUBLIC AVAILABILITY IS NOT REQUIRED WHERE THE ORGANIZATION DID NOT HAVE A COPY OF ITS EXEMPTION APPLICATION ON THE EFFECTIVE DATE OF THE REQUIREMENT IN JULY 1987. |
| Form 990, Part VII, Section A | AJC'S EXECUTIVE COUNCIL SERVES AS ITS FIDUCIARY BOARD. |
| Form 990, Part IX, Column (A) STATEMENT OF FUNCTIONAL EXPENSES | During the year ended December 31, 2024, AJC changed its methodology for allocating certain shared costs among program and supporting services. Management believes this change provides a more accurate reflection of how costs relate to functional activities. Prior year functional expense amounts have been reclassified to conform to the current year presentation. This reclassification did not affect total expenses, net assets, or the financial position for the year ended December 31, 2023. |
| Form 990, Part IX, Line 11g Other Fees | AJC incurred a significant amount of media costs responding to the October 7th attacks on Israel. - Total Expense: 21170336, Program Service Expense: 21170336, Management and General Expenses: 0, Fundraising Expenses: 0; Other programmatic and administrative consulting fees. - Total Expense: 4711553, Program Service Expense: 3065769, Management and General Expenses: 1066408, Fundraising Expenses: 579376; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | PENSION AND POSTRETIREMENT CHANGES OTHER THAN NET PERIODIC BENEFIT COSTS REPRESENTS THE NON-CASH CHARGE TAKEN PRIMARILY DUE TO THE INCREASE IN THE DISCOUNT RATE USED IN CALCULATING THE BENEFIT OBLIGATION - 2552528; CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT - 1148673; |
| Schedule D, Part VII Line 3 a through d | INVESTMENTS ARE NOT READILY MARKETABLE AND ARE REPORTED AT FAIR VALUE BASED ON NET ASSET VALUE, AS A PRACTICAL EXPEDIENT, PROVIDED BY THE FUND MANAGERS. |
| Schedule F, Part I, Line 3 (1) | THE SCHEDULE INCLUDES A SUMMARY OF THE FAIR MARKET VALUE OF AJC'S INVESTMENTS DOMICILED OUTSIDE OF THE UNITED STATES. THE INVESTMENTS SHOWN FOR CENTRAL AMERICA AND THE CARIBBEAN REFLECT INVESTMENTS IN PRIVATE EQUITY HEADQUARTERED IN THE CARIBBEAN AND SIMILAR LOCALES FOR TAX PURPOSES. AJC'S PRIVATE EQUITY FUNDS ARE THEN INVESTED IN ASSETS AROUND THE WORLD. THE PRIVATE EQUITY INVESTMENTS ARE CHOSEN AFTER REVIEW BY AJC'S OUTSIDE INVESTMENT ADVISORS, BROWN ADVISORY, AND AFTER APPROVAL BY AJC'S INVESTMENT COMMITTEE, WHOSE MEMBERS ARE ALL SEASONED INVESTMENT INDUSTRY PROFESSIONALS. |
| Schedule R, Part II | THE FORM 990 INCLUDES ALL ACTIVITY OF AJC'S FOREIGN AFFILIATES SINCE THE ACTIVITIES ARE CONDUCTED SOLELY BY EMPLOYEES OF FOREIGN AFFILIATES WHICH EXIST AS FLOW-THROUGH ENTITIES FOR PURPOSES OF ACTING WITHIN THE FOREIGN COUNTRIES. IN ADDITION, SHOWING ALL ACTIVITY PROVIDES A MORE ACCURATE AND COMPLETE PICTURE OF AJC AND ENHANCES THE TRANSPARENCY OF OUR REPORTING AS OPPOSED TO REPORTING ONLY OUR U.S. ACTIVITIES. FOR EACH OF AJC'S FOREIGN AFFILIATES, AJC HAS CONTRACTED WITH LOCAL ACCOUNTING FIRMS TO COMPILE FINANCIAL INFORMATION AND PREPARE LOCAL REGULATORY FILINGS. ALL RECORDS ARE MAINTAINED IN THE UNITED STATES. ADDITIONALLY, PERIODICALLY, AJC STAFF IN THE FINANCE, LEGAL AND ADMINISTRATIVE AREAS VISIT THE FOREIGN OFFICES TO REVIEW INTERNAL CONTROLS AND MONITOR COMPLIANCE WITH LOCAL REGULATIONS. |
| GENERAL NOTE | IN GENERAL, NUMBERS IN THIS FORM 990 AND AJC'S ANNUAL FINANCIAL AUDIT REPORT ARE IDENTICAL. HOWEVER, IN A FEW PLACES, THERE ARE NON-MATERIAL DIFFERENCES BASED ON DIFFERENCES BETWEEN THE STANDARDS OF THE ACCOUNTING PROFESSION FOR A FINANCIAL REPORT, AND THE INQUIRIES ON THE FORM 990. |
| FORM 990, PAGE 1, BOX G. GROSS RECEIPTS | GROSS RECEIPTS REPORTED OF $212,277,141 IS CALCULATED AS TOTAL REVENUE OF $126,680,875 PER PART I LINE 12 PLUS RENTAL EXPENSES OF $274,640, COST BASIS AND SALES EXPENSES FOR INVESTMENTS OF $83,084,887, AND $2,236,739 OF DIRECT EXPENSES PER PART VIII. |
| Schedule D - Part X Line 1 - (2) | ACCRUED UNFUNDED PENSION LIABILITY OF $5,551,012 REPRESENTS THE EXCESS OF PENSION BENEFIT OBLIGATION OVER THE ASSETS OF THE FROZEN PENSION PLAN. |
| PART X - BALANCE SHEET LINE 32 - TOTAL NET ASSETS | TOTAL NET ASSETS OF $307,630,302 AT DECEMBER 31, 2024 IS $40,804,557 MORE THAN THE AMOUNT OF $266,825,745 REPORTED AT DECEMBER 31, 2023. THIS INCREASE IS LARGELY DRIVEN BY INCREASES IN THE FAIR MARKET VALUE OF INVESTMENTS DURING 2024 DUE TO MARKET CONDITIONS AND RESTRICTED FUNDS RAISED DURING 2024 WHICH WILL BE SPENT IN 2025 AND BEYOND ON INCREASED COMMUNICATION EFFORTS AND EXPANDED PROGRAMMING IN THE AREA OF EDUCATION AND THE MIDDLE EAST. |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |