annual report - ISEF Foundation

annual report - ISEF Foundation

ANNUAL REPORT 2008-2009 32nd Anniversary Opening the doors of higher education to Israel’s youth building future education ABOUT THE ISEF FOUNDA...

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ANNUAL REPORT 2008-2009 32nd Anniversary

Opening the doors of higher education to Israel’s youth

building

future

education

ABOUT THE ISEF FOUNDATION The ISEF Foundation is the leading organization that seeks to strengthen Israeli society by opening the doors of higher education for capable young Israelis from underserved communities. ISEF’s mission is to narrow Israel’s socio-economic gap through higher education. Its unique methodology combines scholarship support for gifted young people from disadvantaged backgrounds with community service, leadership training, and social conscience-building. ISEF’s core values are: education as a means of individual and national development; social awareness and advocacy; Zionism; political neutrality; and pride in ethnic heritage as part of the Israeli culture. ISEF was founded in 1977 by a group of Sephardic Jews, led by Edmond J. Safra z”l, Lily Safra, and Nina Weiner, the foundation now represents all social and cultural groups in Israeli society. Its students, all of whom must complete national service, includes Sephardim, Ashkenazim, third- and fourth-generation Israelis, Ethiopians, and Druze. The ISEF Foundation is synonymous with investing in Israel's people. By educating thousands of deserving Israelis, the foundation has a major impact in helping Israel to become a more prosperous, secure, and cohesive nation.

“I did not find the world desolate when I entered it, and as my ancestors planted for me before I was born, so do I plant for those who will come after me.” -Talmud, Ta’anit 23

Dear friends, We want to share with you just a few of the many successes you have helped ISEF to achieve this past year: Keren Azulay, who earned her doctoral degree at Columbia University Law School as an ISEF International Fellow, now serves as Senior Legal Advisor to Dorit Beinisch, President of Israel’s Supreme Court, and is responsible for researching high-profile cases. Dr. Yaaqov Amsalem, who earned his M.D. thanks to ISEF and then completed a two-year advanced fellowship in Interventional Neuroradiology as an ISEF International Fellow, is now one of just four physicians in Israel who offer this groundbreaking technique for treatment of strokes and associated diseases. ISEF was awarded the coveted four-star rating by Charity Navigator, reflecting our commitment to sound fiscal management and to stretching each donor dollar for maximum impact. ISEF’s education project at Ofakim High School was a huge success! Through the support of 50 ISEF students, 95% of the senior class at this Negev Desert school graduated with college-ready diplomas. ISEF is supporting 20 Medical students to help strengthen Israel’s health care system, which suffers from a serious shortage of physicians. ISEF is supporting more than 100 Engineering students who will strengthen Israel’s high-tech industries and maintain Israel’s status as the “Silicon Wadi” of the Middle East. ISEF is unique in its long-term commitment to support its students throughout their academic journeys – some for multiple degrees – much as we support our own children! For all this, and so much more, we owe you our deepest gratitude. With our very best wishes,

Nina A. Weiner President

Norman Belmonte Chairman of the Board

IN MEMORIAM The ISEF Family lost two dear members in 2008-2009 Sami Shamoon z”l "A torch is not diminished though it kindles a million candles.” -Midrash Exodus Rabbah Sami, one of Israel’s captains of industry, was also a visionary champion of education for Israel's underprivileged population, a key member of ISEF’s Board of Directors, and a loyal and generous supporter of ISEF’s students for many years. He is greatly missed.

Sami Shamoon z”l and his wife Angela at ISEF’s 28th Anniversary Dinner, New York, 2005

Dr. Galit Saada-Ophir z”l Galit was a highly promising young scholar and an active member of ISEF. Her tragic passing after giving birth to twins left the ISEF community in shock and sadness.

Dr. Galit Saada-Ophir z”l (right) being congratulated at the Knesset by Education Minister Yuli Tamir upon receiving ISEF’s Evelyne Nasser Memorial Award, May 2007

2

ANNUAL REPORT 2008-2009

ISEF PROGRAMS IN BRIEF: Edmond J. Safra Scholarship Program (Israel) In 2008-2009, the Foundation supported 796 gifted and deserving B.A., M.A., Ph.D., and postdoctoral students from disadvantaged backgrounds on 21 campuses throughout Israel. ISEF selects its scholars based on socio-economic status, academic excellence, and previous service to their home communities. All ISEF scholars must also have completed army or national service.

ISEF’s students in a lively discussion at the Future of the Northern Region conference, January 2009.

All ISEF scholars benefit from a unique menu of targeted support: Emergency financial aid (medical or other family crisis) Financial and academic support during military reserve duty Assistance for purchasing textbooks and laptops Professional academic tutoring, aptitude testing, and psychological counseling Access to internships and international study opportunities Prizes for top scholars and leaders of ISEF’s community service projects Group identity formation through on-campus meetings and celebrations.

Thanks to ISEF’s comprehensive support, an impressive 90% of ISEF scholars finish their degrees and graduate.

International Fellows Program This past year, ISEF sponsored 40 outstanding students for advanced study at top international universities, as well as training physicians for Israel’s growing population. The Fellows are pursuing a broad range of disciplines; several are doing groundbreaking research into the root causes of cancer, diabetes, and Alzheimer’s at institutions such as ISEF International Fellows with ISEF Harvard, Columbia, and Cambridge leadership and staff, New York (UK). WWW.ISEF.ORG

3

ISEF PROGRAMS IN BRIEF: CONT. Leadership Training Program ISEF’s leadership training program has two components: Training in Critical Thought: In monthly seminar sessions on each campus, and at annual conventions that bring together hundreds of students from each region, ISEF’s scholars explore important dilemmas facing Israel. They debate differing viewpoints and consider how they can help to create the society they wish to see for themselves and their children.

ISEF empowers its students to serve as agents of positive change in Israeli society. Training for Practical Action: ISEF’s students volunteer four hours a week tutoring and leading education projects for immigrant and underprivileged youngsters all over Israel. The experience of mentoring these youth, from backgrounds like their own, empowers ISEF’s students to see that they can have a real impact on others’ lives – sparking a lifetime of commitment to community involvement. An ISEF scholar (right) listens to her pupil explain his science project at the ISEF-Intel science fair in the struggling Negev city of Kiryat Gat.

Riki Zakai – once a high school pupil ISEF’s education projects, run in partnership with corporate and nonprofit partners, in helpan more enrolled ISEF than 2,700 Israeli youngsters to improve their grades and aim at higher education. Inspired by the – education project personal examples of ISEF's scholars, children and teens in these projects come to understand the became a leader of value of education, and to believe they too can succeed in school and in life. Quite a few project ISEF's students at “graduates” have later been accepted as ISEF scholars at Israel’s colleges and universities. Bar-Ilan University.

Education Projects in the Community

4

ANNUAL REPORT 2008-2009

FIVE UNIQUE FEATURES OF ISEF’S PROGRAM The ISEF Foundation’s work to develop Israel’s human capital is distinguished by: 1. Long-term commitment. ISEF scholars who maintain an excellent record can count on ISEF’s support from freshman year through M.A., Ph.D., and even postdoctoral research. No other scholarship organization does this. 2. Developing not just scholars, but practical leaders. ISEF’s on-campus programs heighten social awareness, spark independent thought, and equip students with solid leadership skills. Students master the art of public speaking; dealing with authority figures; motivating classrooms of reluctant teens; and planning and executing projects. 3. Transforming ‘needy’ students into empowered agents of change. Teaching and mentoring underprivileged youngsters is a critical piece of ISEF’s program to nurture strong, confident leaders. ISEF’s scholars develop close ties with their pupils, who look up to them as role models. 4. Rewarding excellence through graduate study. ISEF offers its most outstanding students unique opportunities to study for advanced degrees both in Israel and at the world’s most prestigious universities, providing opportunities to pursue successful careers in academia, medicine, international finance, and other demanding professional fields. 5. Creating an alumni network. ISEF’s Alumni and Friends Organization extends ISEF’s support for its students beyond graduation day, offering career skills courses and professional networking and referrals. Successful ISEF alumni have helped guide newer grads up the ladder in academia, nonprofits, law, finance, and entrepreneurial startups, to name a few. WWW.ISEF.ORG

5

YUVAL BEN ABU BELMONTE FAMILY ANNUAL PRIZE WINNER From the Negev Frontier to the Frontiers of Science The Belmonte Family Annual Prize for Academic Excellence was established by ISEF Chairman Norman Belmonte to recognize the top achievers among ISEF's Ph.D. students. The winner of the $1,000 prize is chosen by an academic committee chaired by Prof. Ilan Hammel (Tel Aviv University, Sackler School of Medicine). The prize was bestowed in June 2009 during the First Annual Graduate Conference of the ISEF Research Program, held at The Hebrew University of Jerusalem. The winner, Yuval Ben Abu, was born and raised in the Negev development town of Dimona, in a family of eight children. Before he had even completed his Ph.D. in Natural Sciences at Ben-Gurion University, Yuval had already published three papers in major science journals. His research into understanding neuronal ion channels holds great promise in helping to relieve clinical impairments from chronic diseases. Yuval wrote the following letter to ISEF: During the years before I knew about ISEF, I tried to stay away from my parents’ home in Dimona – not because I felt alienated, but because of my vigorous attempts to escape Israeli society’s circle of poverty. These attempts covered me with "defensive layers". My connection with ISEF enabled me to gently peel away these layers, one by one, to see new points of views about my childhood, and mainly, to feel proud of the place from which I came. For me, ISEF proudly bears the flag of higher education.

ISEF opened the way to a new connection to my parents. I was suddenly able to see how much they had done for me while struggling to survive. Thanks to ISEF, I felt I could, without embarrassment, bring my parents to hear me lecture in English at the Weizmann Institute in Rehovot before an audience that included the president of Ben-Gurion University, along with esteemed professors from the Technion, the Weizmann Institute, and The Hebrew University of Jerusalem. To all those involved with ISEF’s work: I hope and ask that you stay loyal and gather new friends to join in this important journey -- a journey that opens new paths and builds bridges for students like me, for a better future for Israel. Thank you for everything. With much love, Yuval Ben Abu

6

ANNUAL REPORT 2008-2009

“My connection with ISEF enabled me . . . to feel proud of the place from which I came. ISEF opened the way to a new connection to my parents.”

THE ROSE INTERNATIONAL SCHOLARS PROGRAM In Spring 2009, longtime ISEF Treasurer Joseph Rose and his wife, Dr. Paulette Rose, created a new fund in their family’s name, to support six of ISEF’s outstanding Ph.D. and postdoctoral International Fellows doing advanced research at top universities outside Israel. Joe has worked tirelessly in ISEF’s behalf for many years, and this latest initiative embodies his and his family’s staunch commitment to ISEF’s mission – to strengthen Israel by educating and empowering its young people.

Joseph M. Rose Meet two of the new Rose International Scholars: Dr. Keren Haroush Keren holds a B.Sc. in Psychobiology, and an M.Sc., and Ph.D. in Neurobiology from The Hebrew University. Now, with her postdoctoral fellowship in Neuroscience at Harvard University and Massachusetts General Hospital, she is exploring the neural basis of associative learning and memory in humans and primates. Keren’s family hails from Yemen. Her parents completed high school; her father is an electrical technician and her mother, a secretary. Keren also holds a degree from the Rubin Academy of Music and is an accomplished pianist. Dr. Haroush’s work has won multiple awards. She hopes to establish a lab back home in Israel, pioneering cutting-edge research techniques to advance our understanding of brain function.

Dr. Refael Minnes

Other Rose Scholars:

Refael holds a B.Sc. in Biophysics and a Ph.D. from Bar-Ilan University’s Department of Physics and Nano-Medicine Research Center. Now, with his postdoctoral fellowship at the University of Pennsylvania School of Medicine, he is researching nuclear fusion with the goal of designing more effective cancer treatments.

Tamir Arviv, Geography and Planning Ph.D. candidate, U. of Toronto

Dr. Minnes was raised in a family of nine children. His Yemenite immigrant parents never had the chance to finish elementary school. His late father was a factory worker; his mother cleaned houses. Dr. Minnes has earned multiple honors and awards and already has numerous scientific publications to his credit. Now married and the father of four children, he hopes to contribute to Israel’s scientific development.

Nir Reichenthal, Pakistan Studies Ph.D. candidate, Cambridge University (UK) Shay Lavie, LL.D. candidate, Harvard University Shmuel Hayun, Postdoctoral Fellow, Thermochemistry, U.C. Davis WWW.ISEF.ORG

7

ISEF BY THE NUMBERS Despite the economic crisis that took hold in 2008-2009, ISEF maintained all its commitments to its students – supporting 836 degree candidates at all levels from B.A. to Ph.D. and postdoctoral research: 796 in Israel, and 40 at top universities in the U.S., Canada, and Europe.

70% Increase in Scholarships, 2000-2009 900 800 700 600 500 400 300 200 100 0

FY 2000

FY 2002

FY 2004

FY 2006

FY 2009

For students from underprivileged backgrounds, the social sciences are among the most accessible points of entry into Israel’s higher education system, and 31% of ISEF scholars pursue degrees in this field. 22% enrolled in law and business degree programs, and 8% chose arts and humanities. ISEF’s students also gain admission to highly competitive programs in the sciences: 39% pursued training in the exact sciences, medicine and life science, and engineering. These fields offer the best prospects for employment and for maintaining Israel’s international reputation as a thriving center for innovation. Israel continues to grapple with a lack of adequate space in its medical schools and a consequent shortfall in physicians to serve its growing population. The ISEF Foundation therefore supports the medical studies of 10 deserving Israeli students at respected universities in Europe.

ISEF Students by Fields of Study, 2009 0%

5%

10%

15%

20%

31%

Social Sciences

21%

Engineering

13%

Life/Exact Sciences

12%

Management/Economics

10%

Law Medicine

8

ANNUAL REPORT 2008-2009

25% 30% 35%

5%

Arts

4%

Humanities

4%

ISEF BY THE NUMBERS 50% of ISEF’s students are the very first members of their extended families to enroll in a college or university. 62% are women – a major shift from a decade ago, when more than half were men. 26% come from families with 4 or more children.

ISEF Scholars by Degree

12% In 2008-2009, ISEF supported the studies of:

16% 72%

595 Bachelor’s degree candidates; 138 Master’s degree candidates, including one International Fellow; 103 Ph.D. candidates and postdoctoral fellows, including 39 ISEF International Fellows.

BA

MA

PhD/Postdoc

21% of ISEF’s scholars are veterans of Israeli army combat units; 36% do army reserve duty even while they work towards their degrees. All ISEF scholars are required to have performed army or national service prior to their studies. 63% identified their parents’ origin as Sephardic (Mizrahi) or mixed 13% Ex-Soviet republics 11% Europe and the Americas 9% Native Israeli 3% Ethiopian 1% Arab/Druze

Students share their life experiences during a get-acquainted session on campus. WWW.ISEF.ORG

9

SCHOLARSHIP AWARDS 2008-2009

Institution Bar-Ilan University

40

21

8

69

Ben-Gurion University of the Negev

33

22

14

69

Haifa University

38

18

4

60

The Hebrew University of Jerusalem

35

24

9

68

The Open University of Israel

25

2

0

27

Technion - Israel Institute of Technology

64

18

5

87

Tel Aviv University

32

19

14

65

0

4

10

14

Academic Center of Law & Business

38

0

0

38

Bezalel Academy of Arts and Design

10

0

0

10

Monthly Campus Seminars and Annual Regional Conventions

Hemdat Hadarom Teachers College

20

0

0

20

7

0

0

7

Weekly Community Service

Holon Institute of Technology

22

2

0

24

Project Leadership Opportunities

Interdisciplinary Center (IDC) Herzliya

39

1

0

40

Group Identity Formation

Jezreel Valley College

28

2

0

30

Academic Assistance and Counseling

ORT-Braude College of Engineering

30

0

0

30

Sami Shamoon College of Engineering

70

0

0

70

Long-Term Support for Advanced Study

2 campuses, Beersheva and Ashdod

Sapir College

31

0

0

31

International Fellowships (Ph.D. and Postdoc) for those who qualify

Tel Aviv - Jaffa Academic College

26

4

0

30

Western Galilee College

7

0

0

7

ISEF International Fellows

0

1

39

40

All scholarship awards include these features and benefits: Edmond J. Safra Tuition Scholarships Emergency Financial Aid Fund Stipends for Student Soldiers “First in the Family” Program (Laptops for Students)

Weizmann Institute of Science

Gordon Academic College

Total

10

B.A. M.A. Ph.D., Total Postdoc

ANNUAL REPORT 2008-2009

595 138 103 836

ISEF scholars at Tel Aviv-Jaffa Academic College exchange ideas at their monthly seminar.

SPECIAL EVENTS: ISEF Parliamentary Assistants Raise Public Awareness In the months leading up to Israel’s March 2009 elections, ISEF’s group of 11 Parliamentary Assistants – whose work is funded in part by a grant from The David Berg Foundation – called national attention to major societal issues via three public conferences, which attracted large audiences and Israeli media coverage.

Equal Educational Opportunity for Ethiopian Immigrants

Audience at Ethiopian education conference

Tel Aviv University, January 20, 2009 Goal: To raise public awareness of the persistent inequalities in educational opportunity facing this immigrant community. Panelists included former Education Ministry Director Ronit Tirosh, MK; Steven Stav, Director of Israel’s Council on Higher Education; and ISEF Alumnus Dr. Nissim Mizrachi, now Senior Lecturer at Tel Aviv University.

Universities vs. Colleges in Israel Interdisciplinary Center Herzliya, February 28, 2009 Goal: To examine the “status gap” between Israel’s established research universities and its newer colleges. Former Education Minister Prof. Amnon Rubenstein presided over a panel including former Ben-Gurion University President Prof. Avishay Braverman, MK and former Education Minister Limor Livnat, MK.

MK Limor Livnat addresses the audience as MK Prof. Avishay Braverman listens.

Employee and Employer Rights in the Economic Crisis Interdisciplinary Center Herzliya, February 28, 2009

Audience at Universities vs. Colleges Conference

Tens of thousands of Israeli workers were laid off in 20082009, yet because of the conflict with Gaza, economic issues took a back seat. This conference was organized to call attention to issues facing ordinary citizens. ISEF Ph.D. scholar Avishai Benish presided over the conference, where the new Israeli law governing employer obligations to employees – a law passed with the active involvement of ISEF’s Parliamentary Assistants – was presented in detail.

Lilach Zagai (L), one of ISEF’s Parliamentary Assistants, with her parents at the Ethiopian education conference she helped to organize

WWW.ISEF.ORG

11

EDUCATION PROJECTS IN THE COMMUNITY 2008-2009 Type of Project

No. of Project Sites all over Israel

High Tech and Science Education Projects

9

No. of Pupils who benefit

1,384

Pre-Academic Preparation Mechina

Other Projects

Total

young Israelis are integral to its work to expand access to higher education. This year, four hours a week to teaching, mentoring, and

11

425

inspiring 2,743 children, teens and young adults in

Bridge to College, Hesegim

After School Study Centers and Tutoring Projects

for underprivileged

ISEF’s scholars devoted

Intel and Microsoft Partnerships; “Ruth in Weizmann” program for Ethiopian pupils

Higher Education Readiness Projects

ISEF’s education projects

15

654

7

137

3

143

45

2,743

underserved communities from the Negev to the Galilee. Project participants look up to ISEF’s university and college scholars as role models for transcending poverty through education. ISEF’s scholars help them with homework and tests, expand their knowledge of science and computers, and guide them towards successful admission to higher education. For ISEF’s scholars, taking responsibility for molding young minds sparks their own personal growth as leaders and doers, and grooms them for a lifetime of civic involvement.

12

ANNUAL REPORT 2008-2009

PROJECT HIGHLIGHTS ISEF-Intel Science Centers Since 1996, when ISEF established this pioneering partnership with Intel Corporation to promote scientific literacy among underprivileged youth, over 18,000 junior high school pupils in Kiryat Gat and Petach Tikva have studied physics and other science topics under the tutelage of ISEF's scholars. The project excels in using innovative curricula and imparting hands-on experience, as pupils wire miniature model homes for electricity and perform other experiments.

An ISEF scholar helps youngsters learn how electricity works.

The 41 ISEF students who lead this project are pursuing degrees in math, engineering, and computer science. Their example shows 1,000 youngsters per year that careers in science are a realistic option for the future. Israel’s future: Two young students pose by their science projects.

Microsoft “Bridge the Digital Divide” Project The modern information economy has unfortunately widened the gap between the “haves”, who are computer literate and Internet-savvy, and the “have-nots”, who lack access to these technologies. ISEF began its collaboration with Microsoft Corporation in 2006 to address this gap. This year, 44 ISEF scholars underwent specialized training in the fall, and then taught weekly classes targeting 358 underprivileged young Israelis. Participants mastered the software and Internet research skills they need to succeed in school and obtain employment in Israel's booming high-tech sector.

A pupil in the port city of Ashdod – one of hundreds benefiting from ISEF’s projects there. WWW.ISEF.ORG

13

PROJECT HIGHLIGHTS

Katzman Bridge to College Project For teens in Ofakim - a struggling town in the Negev high school graduation is not a given: only 62% of seniors pass their graduation exams.

However, of the 100 pupils enrolled in the Ofakim project, 95% passed high-level exams with excellent marks, opening the way to college or university.

Family involvement is critical. ISEF’s project leaders run information sessions for parents and teens to explain the goals of the project and the need for higher education.

This visionary project is a partnership between ISEF, Academia, and Israel’s Council on Higher Education. Funded in part by a three-year grant from Chaim Katzman, the project offers 10th-12th graders intensive tutoring and mentoring by ISEF’s students at Negev area colleges. Responding to weeks of missile attacks on Ofakim in January 2009, project sponsor Chaim Katzman sent pupils and student teachers to Tel Aviv for a day of learning and fun.

Pre-Academic Project (Mechina)

ISEF student teachers in the Katzman Bridge to College project

This project offers support to disadvantaged and immigrant Israelis who seek to enroll in degree studies following army service but cannot gain admission due to insufficient preparation in high school. They enroll in pre-academic (mechina) courses for a year or two, hoping to get into the university or college of their choice. But not everyone succeeds. ISEF’s project targets mechina students who show the potential to become successful ISEF scholars. Beneficiaries have their course fees paid by ISEF, and ISEF scholars meet with them weekly, helping them with coursework. Participants are also invited to attend ISEF's regular on-campus activities, to help them visualize themselves as future ISEF scholars.

This project is made possible by a major grant from the Fineshriber Family Foundation. Thanks to their support, the PreAcademic Project has expanded from 35 participants on two campuses, to 137 participants on seven campuses. Mechina Project participants attend an ISEF student seminar at Bar-Ilan University.

14

ANNUAL REPORT 2008-2009

ALLOCATION OF FUNDS 2008-2009

7.5% Administration

7.5% Fundraising 85% Scholarships and Projects

Scholarships and Projects 85% Administration 7.5% Fundraising 7.5%

Income

US$

468,400* Restricted Funds 1,907,175* Temporarily Restricted Funds Unrestricted Funds 998,515* Matching Israeli Government and 1,510,000* University Funds 106,992 Investment Income, net (59,466) Net unrealized and realized loss on investments 64,779 Other income Total Operating Funds 4,996,395

Expenditures Scholarships and Education Projects Administration and Management Fundraising Additions to/(Reductions from) Reserves Total Expenditures

4,326,122** 497,146 398,216 (225,089) 4,996,395

SUMMARY OF FINANCIAL PERFORMANCE 2008-2009 *ISEF’s students and programs received a $730,000 grant from Israel’s Council on Higher Education and $780,000 in matching scholarship funds from Israel’s universities and colleges. **This sum includes $1,510,000 in matching Israeli government and university funds expended upon ISEF’s students and programs.

WWW.ISEF.ORG

15

OUR PARTNERS ISEF’s work is made possible by a major underwriting grant from the Edmond J. Safra Philanthropic Foundation Lily Safra, Chairwoman and by contributions from hundreds of generous individuals worldwide. The ISEF Foundation is also proud to work in partnership with dozens of Israeli government bodies and academic institutions, as well as international corporations, foundations, and NGOs – all of which provide significant support for ISEF’s students and programs:

Academic Institutions continued

Government

Foundations/NGOs

Israel Council on Higher Education (Perach) Municipality of Ashdod Carmel Coast Regional Council Municipality of Kiryat Gat Municipality of Petach Tikva

Anonymous Foundations (3) Academia Project Atidim - Israel Defense Forces David Berg Foundation College for All Fineshriber Family Foundation Fulbright Commission Glencore Foundation for Education and Welfare Harold Grinspoon Foundation Hesegim Maccabim Foundation Mercaz Maaseh Strochlitz Endowment Fund Technion Society, Israel Weininger Foundation Yahel Foundation

Corporations Bank Hapoalim HSBC Bank USA, N.A. Intel Corporation Microsoft Israel

Academic Institutions Bar-Ilan University Ben-Gurion University of the Negev Haifa University The Hebrew University of Jerusalem The Open University of Israel Technion-Israel Institute of Technology Tel Aviv University Weizmann Institute of Science Academic Center of Law & Business Bezalel Academy of Art Hemdat Hadarom Academic College Holon Institute of Technology 16

ANNUAL REPORT 2008-2009

Interdisciplinary Center (IDC) Herzliya Sapir Academic College Tel Aviv-Jaffa Academic College Sami Shamoon College of Engineering ORT-Braude College of Engineering Jezreel Valley College Gordon College Western Galilee College

in memory of Leon Recanati

ISEF BOARD OF DIRECTORS Founders: Edmond J. Safra z’’l and Lily Safra Chairman: Norman Belmonte* Treasurer and CFO: Joseph Rose* President: Nina A. Weiner* Secretary: Richard Rothberg Carlos Benaim* Dr. Darel M. Benaim* Lisa Sasson Chetrit Abraham E. Cohen* Yvonne Cohen David Dangoor Samuel Elia Simon Elias

Roysi Erbes Enrique Feldman z”l Harvey Krueger Ezra Marcos Dr. Ami Moyal Josef Najar Albert Nasser Jacques Nasser

Judy Rosenberg Mayer Rosenzweig Daniel Roubeni Sami Shamoon z”l Robert Shasha Katrin Yaghoubi Sosnick Walter Weiner* Judy Wolff

Emeritus Members Sonny Gindi (Chairman) David Braka, Sr. Professor David Menashri *ISEF Executive Committee

BOARD COMMITTEES Strategic Planning: Carlos Benaim, Chair Student Affairs: Dr. Darel M. Benaim, Chair Finance and Investment: Robert Shasha, Walter Weiner, Co-Chairs

WOMEN’S DIVISION Co-Chairs: Yvonne Cohen, Judy Wolff Vivian Belmonte Kathy Berrie Pauline Braka Robin Braka Nancy Chetrit

Ivette K. Dabah Renee Dabah Susan Dellal Sonia Dushey Adele Fuchsberg

Linda Hanania Sandra Kass Sharon Mann Suzanne Morad

Sandy Moreinis Nancy Nasser Dr. Paulette Rose Lori Shabtai

YOUNG LEADERSHIP DIVISION YOUNG PROFESSIONALS Co-Chairs: Joshua Benaim, Jack Gindi, Artmis Youssefnia Alexis Klein Eva Aziz Benaim Mark Eidgah Daniel Mermel Ilana Basal Mandy Eidgah Janet Mermel Denise Cohen Benjamin Elbaz Mark Miller Richard Cohen Roysi Erbes Sandy Mordekai Lisa Lalezarian Cohen Michael Fishman Nelson Moussazadeh Vivian Cohen Akiva Katz Josef Najar Anoop Dave Nadia Klein

Desiree Nemati Mayer Rosenzweig Olivier Sarfati Leily Soleimani Jessica Youdim Tiffany Youdim

NEXT GENERATION COMMITTEE Co-Chairs: Lisa Chetrit, Fortunee Dushey, Rachel Khafif, Emma Mahfar, Alexandra Roubeni, Keren Shemel, Suzy Kamali-Sokol, Katrin Yaghoubi Sosnick Lauren and Joey Allaham Lisa and Juda Chetrit Fortunee and David Dushey Perah and David Dwek Ronit and Bijan Elihu Jennifer and Mishel Hajibay

Rachel and Edgard Khafif Mindy and Michael Leventhal Stacey and Edmond Levy Emma and Samy Mahfar Erika and Joshua Olshin Yvette and Steven Pomerantz

Alexandra and Daniel Roubeni Paulette and Ronnie Shaban Keren and Noam Shemel Suzy and Joe Sokol Katrin and Tony Sosnick

ISEF ISRAEL BOARD Chairman: Dr. Ami Moyal Ilana Bar-Elbaz, Esq.* Dr. Sarit Barzilai Dr. Asher Bashiri* Ya’akov Ben-Shimon Dr. Yves Bitton Moshe Cohen Dr. Yossi Dahan

Moshe Edry Dr. Yochanan Giat Prof. Ilan Hammel Dr. Joseph Jean Gila Klein* Yossi Lahav* Prof. David Levi-Faur*

Dr. Nissim Mizrachi Prof. Solly Mizrahi Dr. Shlomi Mualem Erez Roimi** Dr. Ya’ir Ronen* Tomer Samarkandi Dr. Anat Sela

Gadit Sonego-Levin Koby Uzan** Dr. Orly Yazdi-Ugav The Hon. Menachem Yedid* Dr. Aviva Zeltzer Zubida* *Executive Committee **Audit Committee

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