Translated from Hebrew
Aleh – Moriah (R.A.)
Financial Statements as of December 31, 2017
Note 11: Large Donations (exceeding NIS 20,000), 2017
Donor
Keren Hayesod (UIA)
El Al Airways Israel Ltd
Irving Carter
Ikea
Christenen voor Israel
Shufersal
Aleh Rehabilitation of Canada
Poalim in the Community
Deputaatschap voor israel
Manor Eliezer
Aleh Israel Foundation
Big Shopping Centers
Stichting Joods Algemeen Steunfonds (J.A.S.)
Delek Menta Retail Ltd.
Tosf Kompoundem
NIS
365,400
246,032
213,716
94,395
56,190
67,630
56,192
50,000
42,199
32,073
29,083
28,125
25,517
25,000
21,000
Note 15 - Contingent Liabilities
After the date of the financial statements, the Rehovot tax office issued withholding tax
assessments to the association, for "levy on foreign workers" for the years 2012-2014 in the
amount of NIS 282,487 (Principal values). The association appealed the assessments to the
court (for income tax appeals), Following a hearing on the appeal that was held in the Central
District Court on May 29, 2018, the parties were requested to submit summaries on various
dates between February 2019 and May 2019. In the opinion of the legal advisor of the
association the appeal is more likely to be accepted than denied. The association did not
make a provision in the books in respect of this claim.
Note 16: Related Parties and Transactions with Related Parties
1.
2.
3.
4.
5.
The Association is part of the Aleh network of dormitories. The network includes four
dormitories:
Aleh Moriah (R.A.), 580094381, in Gedera (the Association)
Aleh Negev–Nahalat Eran (R.A.), 580354637, in Merhavim Regional Council
Aleh Jerusalem Center (R.A.), 580265155, in Jerusalem
Aleh—Help for the Special Child (R.A.), 580040301, in Bene Beraq
Some of the associations have the same director general; each association pays part of
his salary.
The Association’s deputy director for finance, administration, and development also
serves as deputy director of Aleh Jerusalem Center (R.A.) in Jerusalem and Aleh Moriah
(R.A.) in Gedera.
The associations have an agreement to have a joint public relations and fundraising
department. The department is operated and managed by the Association. The
department’s costs are divided among the associations based on the ratio of donations
actually received for each association.
The aforementioned associations have an agreement regarding a joint finance
department, including bookkeeping, payroll, professional consulting, and employee
training.
10
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