IDT CORP
SC 13G, 1997-02-21
COMPUTER INTEGRATED SYSTEMS DESIGN
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             Information statement pursuant to Rules 13d-1 and 13d-2
                    Under the Securities Exchange Act of 1934
                             (Amendment No. _____)*

                                 IDT Corporation
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, par value $.01 per share
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   448947-10-1
- --------------------------------------------------------------------------------
                                 (CUSIP Number)


*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).





                                   Page 1 of 5

<PAGE>

<TABLE>
<CAPTION>


                                                     SCHEDULE 13G
- ------------------------------------------------                       ----------------------------------------------
CUSIP No.        448947-10-1                                             Page      2          of      5      Pages
          --------------------------------                                    ---------------    -----------
- ------------------------------------------------                       ----------------------------------------------
<S>       <C>                                                                                            <C>
- --------- -----------------------------------------------------------------------------------------------------------
   1      NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS

                   Howard S. Jonas
- --------- -----------------------------------------------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                                             (a) |_|
                                                                                                             
                                                                                                        (b) |_|
- --------- -----------------------------------------------------------------------------------------------------------
   3      SEC USE ONLY

- --------- -----------------------------------------------------------------------------------------------------------
   4      CITIZENSHIP OR PLACE OF ORGANIZATION

                   U.S.A.
- --------- -----------------------------------------------------------------------------------------------------------
    NUMBER OF         5     SOLE VOTING POWER
    
     SHARES                    11,174,330
                   -------- -----------------------------------------------------------------------------------------
  BENEFICIALLY        6     SHARED VOTING POWER
 
    OWNED BY                   - 0 -
                   -------- -----------------------------------------------------------------------------------------
      EACH            7     SOLE DISPOSITIVE POWER
      
    REPORTING                  11,174,330
                   -------- -----------------------------------------------------------------------------------------
     PERSON           8     SHARED DISPOSITIVE POWER
     
      WITH                     - 0 -
- --------- -----------------------------------------------------------------------------------------------------------
   9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                   11,174,330
- --------- -----------------------------------------------------------------------------------------------------------
   10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*                             |_|

- --------- -----------------------------------------------------------------------------------------------------------
   11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                   53.6%
- --------- -----------------------------------------------------------------------------------------------------------
   12     TYPE OF REPORTING PERSON*

                   IN
- --------- -----------------------------------------------------------------------------------------------------------
                                *SEE INSTRUCTIONS BEFORE FILLING OUT!
                     INCLUDE BOTH SIDES OF THE COVER PAGE RESPONSES TO ITEMS 1-7
                 (INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
</TABLE>
<PAGE>

Schedule 13G
Howard S. Jonas

Item 1.

          (a)     Name of Issuer:

                  IDT Corporation

          (b)     Address of Issuer's Principal Executive Offices:

                  294 State Street
                  Hackensack, NJ  07601

Item 2.

          (a)     Name of Person Filing:

                  Howard S. Jonas

          (b)     Address of Principal Business Office or, if none, Residence:

                  294 State Street
                  Hackensack, NJ  07601

          (c)     Citizenship:

                  U.S.A.

          (d)     Title of Class of Securities:

                  Common Stock, par value $.01 per share

          (e)     CUSIP Number:

                  448947-10-1

Item 3.   If this Statement is Filed Pursuant to Rules 13d-1(b), or 13d-3(b) 
          Check Whether the Person Filing is a:

          Not applicable.

Item 4.   Ownership.

          (a)     Amount Beneficially Owned:

                  11,174,330 shares, as of December 31, 1996, comprised
                  of 11,174,330 shares of Class A Common Stock, par
                  value $.01 per share, convertible on a one-for-one
                  basis into Common Stock at the option of the holder.
                  The foregoing amount includes 5,587,165 shares of
                  Class A Common Stock in the Howard S. Jonas 1996
                  Annuity Trust.

          (b)     Percent of Class:  53.6%, as of December 31, 1996.

          (c)     Number of shares as to which such person has:

                  (i)   sole power to vote or to direct the vote:  
                        11,174,330 shares.

                  (ii)  shared power to vote or to direct the vote:  0.

                  (iii) sole power to dispose or to direct the disposition of: 
                        11,174,330 shares.

                  (iv)  shared power to dispose or to direct the disposition of:
                        0.

Item 5.   Ownership of Five Percent or Less of a Class.

          Not applicable.

Item 6.   Ownership of More Than Five Percent on Behalf of Another Person.

          Not applicable.

Item 7.   Identification and Classification of the Subsidiary Which Acquired the
          Security Being Reported on By the Parent Holding Company.

          Not applicable.

Item 8.   Identification and Classification of Members of the Group.

          Not applicable.

Item 9.   Notice of Dissolution of the Group.

          Not applicable.
<PAGE>
Item 10.  Certification.

          Not applicable.


<PAGE>
                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.


                                                     Date:  February 12, 1997




                                                     /s/  Howard S. Jonas
                                                     ---------------------
                                                          Howard S. Jonas



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