Translated from Hebrew
Aleh Jerusalem Center (R.A.)
Financial Statements as of December 31, 2017
Transactions with related parties, 2017:
Aleh Moriah (R.A.)
Income
Expenc for the related party
Income
( 3,978 )
( 643,136 )
( 810,746 )
Income for the related party
Donations for the related party
Aleh—Help for the Special Child (R.A.)
Income
Donations for the related party
( 56 2,384 )
( 963,676 )
Income for the related party
Note 11: Large Donations (exceeding NIS 20,000), 2017
Donor
Keren Hayesod
Livneh Tzfoni
Aleh Israel Foundation (USA)
Aleh Rehabilitation of Canada
Eder Fund
El Al Airlines
Amot Investments, Ltd.
Phillip Cohen
Belgium Friends of Aleh c/o Claude Kandiyoti
Ruth Berkowitz Charitable Trust
Twits Anton. Howard
The Irving I. Moskowitz Foundation
Shufersalt
Maz Mazin Fundacion
British Friends of Aleh
C4I Canada
Poalim Bakehila
Vider Sima
Eduardo Amkie Abadi
Karl Heinz Grasser
Vadim Soiref
Big Shopping Centers
Koschitzky Yoel
Bank Leumi
Clara Mendes
Donations from Foreign Governments
Dutch Ministry of Foreign Trade & Development
Expenditure
NIS
3,497,077
728,167
116,365
4 17,424
250,000
246,062
180,000
175,800
156,878
92,606
87,796
96,160
67,630
62,413
58,535
58,506
50,000
50,000
41,826
41,214
31,381
28,125
20,540
20,000
24,873
299,959
Note 16: Pending Obligations
A lawsuit has been filed against the Association in Jerusalem Magistrate’s Court by a property-owner in the
building in which the Association operates, alleging violation of agreements, trespassing, and building on the
latter’s land. The lawsuit does not include monetary demands beyond covering expenditures, but the
removal of emergency exit stairs and other facilities that have been constructed, as well as a permanent
injunction against the Association. The lawsuit’s chances of success and effects on the Association cannot
yet be estimated.
In April 2018, the agreement between the two parties was given the force of a court ruling. Under it, the suit
will be withdrawn, and the parties will negotiate and reach an agreement. The Association agreed not to
make a statute-of-limitations claim until 60 days after the conclusion of the negotiations. The Association
must notify the court of the conclusion of the negotiation.
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SZYMONOWICZ SZ & CO. CERTIFIED PUBLIC ACCOUNTANTS (ISR)
חשבון רואי 'ושות שמאי שמעונוביץ