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Nonprofit · EIN 86-2136761

ARIEL UNIVERSITY FOUNDATION

Tax-exempt · MIDDLETOWN, DE 19709

Financials

$1.2M$1.3M2023$11.6M$8.4M2024
Revenue Expenses · by fiscal year end
Financials of ARIEL UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,611,107$8,446,272$3,164,835$3,370,228$3,198$3,367,030
December 31, 2023990$1,178,831$1,274,136-$95,305$206,048$3,853$202,195
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$11,566,203
Program service revenue
$0
Investment income
$0
Other revenue
$44,904

Expenses

Grants and similar amounts paid
$8,427,550
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$12,439
Program services (functional)
$8,427,550
Management and general (functional)
$18,722

Balance sheet and other

Total assets, start of year
$206,048
Total assets, end of year
$3,370,228
Total liabilities, end of year
$3,198
Net assets, end of year
$3,367,030
Net assets without donor restrictions
$3,367,030
Gross receipts
$11,611,107
Employees
0
Year formed
2021
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ARNOLD SCHLESINGERVICE-CHAIRMA
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
ARNOLD SCHLESINGERVICE-CHAIRMA
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
221 NORTH BROAD STREET SUITE 3A, MIDDLETOWN, DE 19709-1070
Principal officer (990 for 2024)
ARNOLD SCHLESINGER, 9595 WILSHIRE BLVD SUITE 700, BEVERLY HILLS, CA 90212
Signed the 990
ARNOLD SCHLESINGER, VICE-CHAIRMAN
Phone
(310) 729-1845
Return prepared by
ESCALON

Mission

THE PURPOSE OF THIS NON-PROFIT ORGANIZATION IS TO ENGAGE IN: TO FUNCTION AS THE AMERICAN FRIENDS OF ARIEL UNIVERSITY IN ISRAEL. TO RAISE FUNDS TO FUND PROJECTS AT THE UNIVERSITY, SUCH AS BUILDINGS AND LABS.

990 for the year ended December 31, 2024

Program accomplishments

  • MONEY RAISED WAS FUNDED TO PROGRAM.
    Expenses $8,427,550 · grants $8,427,550

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-2136761
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$3,370,228
Income (IRS master file)
$11,611,107

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,611,107$8,446,272$3,370,228IRS
990December 2023$1,178,831$1,274,136$206,048XML
990December 2022$300,000$2,500$300,000IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-2136761).

Questions about ARIEL UNIVERSITY FOUNDATION

What is the EIN of ARIEL UNIVERSITY FOUNDATION?
The employer identification number (EIN) of ARIEL UNIVERSITY FOUNDATION is 86-2136761.
Is ARIEL UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to ARIEL UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ARIEL UNIVERSITY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ARIEL UNIVERSITY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ARIEL UNIVERSITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ARIEL UNIVERSITY FOUNDATION?
The 990 for the year ended December 31, 2024 names ARNOLD SCHLESINGER.
Who are the officers and directors of ARIEL UNIVERSITY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does ARIEL UNIVERSITY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,611,107, expenses of $8,446,272 and total assets of $3,370,228 at year end.

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