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      <SubtotalOfficesCnt>1</SubtotalOfficesCnt>
      <SubtotalEmployeesCnt>0</SubtotalEmployeesCnt>
      <ContinuationTotalOfficeCnt>0</ContinuationTotalOfficeCnt>
      <ContinuationTotalEmployeeCnt>0</ContinuationTotalEmployeeCnt>
      <TotalOfficeCnt>1</TotalOfficeCnt>
      <TotalEmployeeCnt>0</TotalEmployeeCnt>
      <SubtotalSpentAmt>489834</SubtotalSpentAmt>
      <ContinuationSpentAmt>0</ContinuationSpentAmt>
      <TotalSpentAmt>489834</TotalSpentAmt>
      <GrantsToOrgOutsideUSGrp>
        <RegionTxt>ISRAEL</RegionTxt>
        <PurposeOfGrantTxt>TO PROMOTE YOUTH AND SPORT IN NETANYA, ISRAEL</PurposeOfGrantTxt>
        <CashGrantAmt>489834</CashGrantAmt>
        <MannerOfCashDisbursementTxt>CHECK</MannerOfCashDisbursementTxt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
      </GrantsToOrgOutsideUSGrp>
      <TransferToForeignCorpInd>0</TransferToForeignCorpInd>
      <InterestInForeignTrustInd>0</InterestInForeignTrustInd>
      <ForeignCorpOwnershipInd>0</ForeignCorpOwnershipInd>
      <PassiveForeignInvestmestCoInd>0</PassiveForeignInvestmestCoInd>
      <ForeignPartnershipInd>0</ForeignPartnershipInd>
      <BoycottCountriesInd>0</BoycottCountriesInd>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE GRANTS TRANSFERRED TO ORGANIZATIONS OUTSIDE THE UNITED STATES ARE TRANSFERRED AS ALLOCATED FUNDS FOR SPECIFIC PROJECTS. ALL INVOICES FOR PROJECTS ARE PAID UPON COMPLETION. EACH AND EVERY INVOICE RECEIVED FOR PAYMENT HAS TO BE APPROVED BY THE PROJECT MANAGER AS WELL AS BY THE CEO OF THE FOUNDATION, ONE BOARD MEMBER AND CHAIRMAN OF THE FOUNDATION. THE CEO OF THE NETANYA FOUNDATION FOLLOWS UP ON ALL PROJECTS AFTER COMPLETION TO ENSURE THAT THE GRANTS TRANSFERRED WERE USED FOR THEIR INTENDED PURPOSE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 3:</FormAndLineReferenceDesc>
        <ExplanationTxt>CASH BASIS</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleF>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>ORGANIZATION ELECTS OFFICERS ANNUALLY</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>990 IS REVIEWED BY THE FINANCE COMMITTEE AND THEN THE BOARD. IT IS AVAILABLE UPON REQUEST TO ALL MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC</FormAndLineReferenceDesc>
        <ExplanationTxt>SHLOMI WARONER - 2 HAZORAN ST PO BOX 7216, NETANYA, ISRAEL. MIRIAM FIERBERG - 2 HAZORAN ST PO BOX 7216, NETANYA, ISRAEL. ZEEV GANOT - 2 HAZORAN ST PO BOX 7216, NETANYA, ISRAEL. NACHMAN KEIDAR - 2 HAZORAN ST PO BOX 7216, NETANYA, ISRAEL. SHAMUEL SABAH - 2 HAZORAN ST PO BOX 7216, NETANYA, ISRAEL. MITCHELL SORKIN - 175 BROADHOLLOW RD SUITE 250, MELVILLE, NY 11747.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
