AMERICAN SOCIETY FOR TECHNION- ISRAEL INSTITUTE OF TECHNOLOGY INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN SOCIETY FOR TECHNION- ISRAEL INSTITUTE OF TECHNOLOGY INC (EIN 13-0434195)
- Tax period
- 2022-10-01 to 2023-09-30
- Filed
- 2024-08-09
- IRS object ID
- 202442229349301404
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-08-09T10:52:26-05:00 | ReturnTs |
| Tax Period End | 2023-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991856619 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE 3RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 130434195 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN SOCIETY FOR TECHNION | BusinessNameLine1Txt |
| Business Name Line2 | ISRAEL INSTITUTE OF TECHNOLOGY INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AMER | BusinessNameControlTxt |
| Phone | 2124076300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 EAST 59TH STREET 14TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100221710 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEBORAH BERKOWITZ | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2124076357 | PhoneNum |
| Signature | 2024-08-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL ROMANO | PreparerPersonNm |
| PTIN | P00504182 | PTIN |
| Phone | 2125990100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN TECHNION SOCIETY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL WAXMAN-LENZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 EAST 59TH STREET 14TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100221710 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $266,601,985 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ATS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE AMERICAN TECHNION SOCIETY SUPPORTS VISIONARY EDUCATION AND WORLD-CHANGING (CONTINUED ON SCH O) | ActivityOrMissionDesc |
| Voting Members Governing Body | 68 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 68 | VotingMembersIndependentCnt |
| Total Employee | 75 | TotalEmployeeCnt |
| Total Volunteers | 264 | TotalVolunteersCnt |
| Total Gross UBI | $265,564 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $26,870 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $75,213,333 | PYContributionsGrantsAmt |
| CY Contributions Grants | $60,038,269 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,117,345 | PYInvestmentIncomeAmt |
| CY Investment Income | $26,360,959 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $90,330,678 | PYTotalRevenueAmt |
| CY Total Revenue | $86,399,228 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $58,142,294 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $68,693,234 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,604,021 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,579,915 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $237,786 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $310,589 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $11,409,416 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $8,150,887 | PYOtherExpensesAmt |
| CY Other Expenses | $10,431,576 | CYOtherExpensesAmt |
| PY Total Expenses | $78,134,988 | PYTotalExpensesAmt |
| CY Total Expenses | $92,015,314 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $12,195,690 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$5,616,086 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $561,761,560 | TotalAssetsBOYAmt |
| Total Assets EOY | $603,087,740 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $42,505,491 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $45,474,740 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $519,256,069 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $557,613,000 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE OTHE AMERICAN TECHNION SOCIETY (ATS) HAS BEEN A VITAL PARTNER IN THE TECHNION'S UNPARALLELED GROWTH AND ACHIEVEMENT. AS A LEADING AMERICAN ORGANIZATION SUPPORTING HIGHER EDUCATION IN ISRAEL, THE ATS HAS PIONEERED A LASTING PARTNERSHIP WITH THE CREATORS OF SCIENCE AT TECHNION CITY IN HAIFA. SUPPORTED BY A NETWORK OF DYNAMIC LEADERSHIP AND THOUSANDS OF DEDICATED MEMBERS, THE ATS IS COMMITTED TO THE BELIEF THAT THE FUTURE OF HIGH TECHNOLOGY IN ISRAEL IS AT THE TECHNION. SINCE ITS FOUNDING IN 1940 ATS HAS RAISED MORE THAN $2.8 BILLION FOR THE TECHNION. THE MISSION OF ATS IS TO ENABLE THE TECHNION TO BE AMONG THE WORLD'S LEADING INSTITUTIONS IMPROVING THE WELL-BEING OF ISRAEL AND ALL HUMANITY THROUGH LEADERSHIP IN SCIENCE AND TECHNOLOGY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $16,024,975 | ExpenseAmt |
| Grant | $16,024,975 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | STEWART AND LYNDA RESNICK CENTER FOR SUSTAINABLE PROCESSES AND CATALYSIS - SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,457,380 | ExpenseAmt |
| Grant | $6,457,380 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | MARTIN AND GRACE DRUAN ROSMAN HIGH PERFORMANCE COMPUTER DATA CENTER - SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,839,040 | ExpenseAmt |
| Grant | $3,839,040 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | STEPHEN KLEIN FACULTY OF AEROSPACE ENGINEERING - SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $45,262,847 | ExpenseAmt |
| Grant | $42,371,839 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | THE TECHNION IS KNOWN FOR WORLD-LEADING RESEARCH IN A RANGE OF AREAS: AEROSPACE ENGINEERING, BIOTECHNOLOGY, BIOMEDICAL ENGINEERING, CANCER, COMPUTER SCIENCE, ELECTRICAL ENGINEERING, MEDICINE, QUANTUM ENGINEERING, ROBOTICS, SUSTAINABILITY, AND ENERGY/WATER. IN 2023, THE AMERICAN TECHNION SOCIETY PROVIDED FUNDING FOR THE JACOBS-TECHNION CORNELL INSTITUTE; FACULTY RECRUITMENT AND RETENTION; THE TECHNION EMERGENCY STUDENT AND SECURITY SUPPORT FUND; CAMPUS ENHANCEMENTS; AND RESEARCH IN FIELDS SUCH AS SECURITY/DEFENSE AND NEURODEGENERATIVE DISORDERS. ATS DONORS PROVIDE ONGOING SUPPORT FOR TOP TECHNION PRIORITIES: GRADUATE STUDENT FELLOWSHIPS, STUDENT HOUSING, AND AID FOR STUDENTS FROM DISADVANTAGED BACKGROUNDS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $45,262,847 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $42,371,839 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $71,584,242 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 214 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 75 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | IS | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 68 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 68 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDITA LEONARDO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2124076358 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 EAST 56TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (83 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| MARK GAINES | |||||||||
| INTERIM PRESIDENT (AS OF 03/2023) | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JANEY SWEET | |||||||||
| PRESIDENT (THRU 02/2023) | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| STEVE BERGER | |||||||||
| CHAIRMAN OF THE BOARD | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ZAHAVA BAR-NIR | |||||||||
| VICE CHAIRMAN | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SCOTT LEEMASTER | |||||||||
| VICE CHAIRMAN | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SENATOR PAUL B STEINBERG | |||||||||
| TREASURER | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JANET SHATZ SNYDER | |||||||||
| ASSISTANT TREASURER | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ROD FELDMAN | |||||||||
| SECRETARY (THRU 07/2023) | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| NANCY ARONSON | |||||||||
| ASSISTANT SECRETARY | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ELI ALMO | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AVRAHAM ASHKENAZI | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROSALYN AUGUST | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ILENE BERGER | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK BERNSTEIN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHRYN BLOOM | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT N BRAND | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARILYN CAPLOVITZ | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PAMELA RUBIN COHEN | |||||||||
| BOARD MEMBER (AS OF 10/2022) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOYCE CROFT | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BARBARA DAHL | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES DANTO | |||||||||
| BOARD MEMBER (AS OF 10/2022) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT A DAVIDOW | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN DAVISON | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CATHY DEUTCHMAN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC DOBRUSIN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK DORNER | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GEORGE ELBAUM | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROL B EPSTEIN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN FEIGENBAUM | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NATHAN FISCHEL | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NORA FISCHER | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LAURA FLUG | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALAN FORMAN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RUSSELL FRANK | |||||||||
| BOARD MEMBER (THRU 08/2023) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL GAMSON | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SOL GLASNER | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| FARIBA GHODSIAN-FISCHEL | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD R GOLDBERG | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SOLVIN GORDON | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT HANISEE | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LAWRENCE S JACKIER | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JUDY JONAS | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LINDA KOVAN | |||||||||
| BOARD MEMBER (THRU 02/2023) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AGOTA KUPERMAN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JULEE LANDAU | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN A LASER | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES E LEVIN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KIRA MAKAGON | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID MARCUS | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL MILLER | |||||||||
| BOARD MEMBER (AS OF 10/2022) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MELANIE MORENO | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ALFRED MUNZER | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NAOMI NEWMAN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL J PIERCE | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID A POLAK | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFF POLAK | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT L POLAK | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BENNETT RECHLER | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOEL S ROTHMAN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID LEE RONN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID ROSENBLATT | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KENNETH RUBENSTEIN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ED SATELL | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOEL W SCHWARTZ | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOAN SEIDEL | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JONATHAN SOHNIS | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC STEIN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| IRA TAUB | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DEBBIE VANDERVEER | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL VELORIC | |||||||||
| BOARD MEMBER | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDI WOLFE | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE WISHNER | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL WAXMAN-LENZ | |||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | 0.00 | Yes (X) | $634,740 | $0 | $43,248 | |||
| DEBORAH BERKOWITZ | |||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 0.00 | Yes (X) | $293,217 | $0 | $20,220 | |||
| DAVID CHIVO | |||||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | 0.00 | $363,210 | $0 | $45,474 | Yes (X) | |||
| MARYELLEN TITANI - EXEC DIR | |||||||||
| CAMP. OPS. & DONOR RELATIONS | 40.00 | 0.00 | $253,178 | $0 | $44,231 | Yes (X) | |||
| JANA LITTLETON | |||||||||
| CHIEF ADVANCEMENT OFFICER | 40.00 | 0.00 | $250,508 | $0 | $21,639 | Yes (X) | |||
| KATE YARHOUSE | |||||||||
| EXECUTIVE DIRECTOR, HR & ADMIN | 40.00 | 0.00 | $235,376 | $0 | $18,055 | Yes (X) | |||
| JEROME KLEINMAN | |||||||||
| EXECUTIVE DIRECTOR, PRINCIPAL GIFTS | 40.00 | 0.00 | $281,489 | $0 | $36,319 | Yes (X) | |||
| JUDY SAGER | |||||||||
| EXECUTIVE DIRECTOR, PLANNED GIVING | 40.00 | 0.00 | $246,835 | $0 | $51,897 | Yes (X) | |||
| IRV ELENBERG | |||||||||
| REGIONAL SENIOR DIR. OF DEVELOPMENT | 40.00 | 0.00 | $240,106 | $0 | $44,286 | Yes (X) | |||
| VICTORIA BUDER | |||||||||
| EXECUTIVE DIR. OF PRINCIPAL GIFTS | 40.00 | 0.00 | $237,814 | $0 | $45,281 | Yes (X) | |||
| PAMELA WOHL | |||||||||
| REGIONAL DIR. OF DEVELOPMENT | 40.00 | 0.00 | $210,235 | $0 | $44,369 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,246,708 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $415,019 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 39 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PRIME BUCHHOLZ & ASSOCIATES | |||||
| 273 CORPORATE DRIVE STE 250 | PORTSMOUTH | NH | 03801 | INVESTMENT | $344,553 |
| ONLINE COMPUTERS & COMMUNICATIONS LLC | |||||
| PO BOX 428 | FLORHAM PARK | NJ | 07932 | CONSULTING | $165,387 |
| GRANT THORNTON LLP | |||||
| 33570 TREASURY CENTER | CHICAGO | IL | 60694 | ACCOUNTING | $154,950 |
| ALLIANCE BERNSTEIN LP | |||||
| PO BOX 7247-7497 | PHILADELPHIA | PA | 19170 | INVESTMENT | $138,665 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $60,038,269 | AllOtherContributionsAmt |
| Noncash Contributions | $2,994,484 | NoncashContributionsAmt |
| Total Contributions | $60,038,269 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,629,071 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $265,564 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,363,507 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $196,934,645 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $180,202,757 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,731,888 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,731,888 | TotalRevenueColumnAmt |
| Exclusion | $16,731,888 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $86,399,228 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $265,564 | UnrelatedBusinessRevenueAmt |
| Exclusion | $26,095,395 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $748,537 | TotalAmt |
| Program Services | $748,537 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,944,697 | TotalAmt |
| Program Services | $67,944,697 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,458,594 | TotalAmt |
| Program Services | $313,458 | ProgramServicesAmt |
| Management And General | $571,661 | ManagementAndGeneralAmt |
| Fundraising | $1,573,475 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,069,574 | TotalAmt |
| Program Services | $684,581 | ProgramServicesAmt |
| Management And General | $1,709,032 | ManagementAndGeneralAmt |
| Fundraising | $5,675,961 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $437,461 | TotalAmt |
| Program Services | $53,058 | ProgramServicesAmt |
| Management And General | $97,233 | ManagementAndGeneralAmt |
| Fundraising | $287,170 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,220,649 | TotalAmt |
| Program Services | $148,048 | ProgramServicesAmt |
| Management And General | $271,309 | ManagementAndGeneralAmt |
| Fundraising | $801,292 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $393,637 | TotalAmt |
| Program Services | $47,743 | ProgramServicesAmt |
| Management And General | $87,492 | ManagementAndGeneralAmt |
| Fundraising | $258,402 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,067 | TotalAmt |
| Management And General | $171,067 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,940 | TotalAmt |
| Management And General | $199,940 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $310,589 | TotalAmt |
| Fundraising | $310,589 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $797,900 | TotalAmt |
| Management And General | $797,900 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $710,611 | TotalAmt |
| Management And General | $710,611 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $787,454 | TotalAmt |
| Program Services | $125,000 | ProgramServicesAmt |
| Management And General | $73,449 | ManagementAndGeneralAmt |
| Fundraising | $589,005 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,235 | TotalAmt |
| Program Services | $5,165 | ProgramServicesAmt |
| Management And General | $88,846 | ManagementAndGeneralAmt |
| Fundraising | $180,224 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,081 | TotalAmt |
| Management And General | $450,081 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $761,313 | TotalAmt |
| Program Services | $15,823 | ProgramServicesAmt |
| Management And General | $284,734 | ManagementAndGeneralAmt |
| Fundraising | $460,756 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $732,789 | TotalAmt |
| Program Services | $182,891 | ProgramServicesAmt |
| Management And General | $48,456 | ManagementAndGeneralAmt |
| Fundraising | $501,442 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $247,070 | TotalAmt |
| Fundraising | $247,070 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $516,992 | TotalAmt |
| Management And General | $197,461 | ManagementAndGeneralAmt |
| Fundraising | $319,531 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $397,122 | TotalAmt |
| Management And General | $218,417 | ManagementAndGeneralAmt |
| Fundraising | $178,705 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $351,941 | TotalAmt |
| Management And General | $351,941 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| BAD DEBTS | $2,316,412 | $2,316,412 | |
| CAMPAIGN EVENT EXPENSES | $1,315,241 | $1,315,241 | |
| BENEFICIARY SETTLEMENT | $308,000 | $308,000 | |
| EQUIP. RENTAL & MAINT. | $41,725 | $41,725 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,683 | TotalAmt |
| Management And General | $25,889 | ManagementAndGeneralAmt |
| Fundraising | $25,794 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,015,314 | TotalAmt |
| Program Services | $71,584,242 | ProgramServicesAmt |
| Management And General | $9,021,656 | ManagementAndGeneralAmt |
| Fundraising | $11,409,416 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,590,724 | BOYAmt |
| EOY | $2,316,709 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,344 | BOYAmt |
| EOY | $90,625 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,867,353 | BOYAmt |
| EOY | $22,163,600 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,436,652 | BOYAmt |
| EOY | $33,356,829 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,865,096 | BOYAmt |
| EOY | $2,830,439 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $17,254,799 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,512,680 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,033,772 | BOYAmt |
| EOY | $5,742,119 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,554,075 | BOYAmt |
| EOY | $269,508,965 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $180,978,680 | BOYAmt |
| EOY | $220,433,738 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,409,864 | BOYAmt |
| EOY | $46,644,716 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $561,761,560 | BOYAmt |
| EOY | $603,087,740 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,729,362 | BOYAmt |
| EOY | $4,874,421 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,088,759 | BOYAmt |
| EOY | $8,996,330 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,300,000 | BOYAmt |
| EOY | $11,316,261 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,387,370 | BOYAmt |
| EOY | $20,287,728 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,505,491 | BOYAmt |
| EOY | $45,474,740 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,676,623 | BOYAmt |
| EOY | $22,877,424 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500,579,446 | BOYAmt |
| EOY | $534,735,576 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $519,256,069 | BOYAmt |
| EOY | $557,613,000 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $561,761,560 | BOYAmt |
| EOY | $603,087,740 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$5,616,086 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $38,161,605 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $5,811,412 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $81,983,457 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $61,617,923 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $65,971,880 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $75,213,333 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $60,038,269 | CurrentTaxYearAmt |
| Total | $344,824,862 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $81,983,457 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $61,617,923 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $65,971,880 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $75,213,333 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $60,038,269 | CurrentTaxYearAmt |
| Total | $344,824,862 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $47,838,536 | SubstantialContributorsTotAmt |
| Public Support Total170 | $296,986,326 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,859,254 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,558,168 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,180,840 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,452,875 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,363,507 | CurrentTaxYearAmt |
| Total | $48,414,644 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,397 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,263 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year | $265,564 | CurrentTaxYearAmt |
| Total | $298,224 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $393,537,730 | TotalSupportAmt |
| Public Support CY170 | 0.75470 | PublicSupportCY170Pct |
| Public Support PY170 | 0.77620 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 6 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Grants | $11,800 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $348,159 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $409,348,210 | BeginningYearBalanceAmt |
| Contributions | $7,190,966 | ContributionsAmt |
| Investment Earnings Or Losses | $59,954,810 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,713,441 | GrantsOrScholarshipsAmt |
| Other Expenditures | $681,465 | OtherExpendituresAmt |
| Administrative Expenses | $8,500,000 | AdministrativeExpensesAmt |
| End Year Balance | $456,599,080 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $466,141,751 | BeginningYearBalanceAmt |
| Contributions | $8,345,872 | ContributionsAmt |
| Investment Earnings Or Losses | -$48,550,521 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,588,892 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $6,000,000 | AdministrativeExpensesAmt |
| End Year Balance | $409,348,210 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $400,204,735 | BeginningYearBalanceAmt |
| Contributions | $7,720,807 | ContributionsAmt |
| Investment Earnings Or Losses | $78,689,493 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,473,285 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $7,999,999 | AdministrativeExpensesAmt |
| End Year Balance | $466,141,751 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $391,616,604 | BeginningYearBalanceAmt |
| Contributions | $15,445,681 | ContributionsAmt |
| Investment Earnings Or Losses | $7,305,596 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,075,099 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $4,088,047 | AdministrativeExpensesAmt |
| End Year Balance | $400,204,735 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $365,942,430 | BeginningYearBalanceAmt |
| Contributions | $25,684,359 | ContributionsAmt |
| Investment Earnings Or Losses | $11,751,204 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,028,971 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,732,418 | AdministrativeExpensesAmt |
| End Year Balance | $391,616,604 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00600 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.85700 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.13700 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,801,289 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,584,692 | DepreciationAmt |
| Book Value | $4,216,597 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,089,724 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,699,135 | DepreciationAmt |
| Book Value | $1,390,589 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,363,786 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,228,853 | DepreciationAmt |
| Book Value | $134,933 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,742,119 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ALTERNATIVE INVESTMENTS | $198,187,134 | F |
| TIME DEPOSITS AND ISRAEL BONDS | $22,246,604 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $220,433,738 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BENEFICIAL INTEREST IN TRUSTS | $44,371,089 |
| LIFE INSURANCE POLICIES | $2,142,860 |
| OTHER RECEIVABLES | $130,767 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $46,644,716 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ANNUITY OBLIGATIONS | Desc |
| Amt | $20,287,728 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $20,287,728 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $129,574,345 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $38,161,605 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $5,811,412 | OtherRevenueAmt |
| Revenue Not Reported | $43,973,017 | RevenueNotReportedAmt |
| Revenue Subtotal | $85,601,328 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $797,900 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $797,900 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $86,399,228 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $91,217,414 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $91,217,414 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $797,900 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $797,900 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $92,015,314 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | ENDOWMENT FUNDS ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE FOLLOWING PROGRAM SERVICE PROJECTS AT THE TECHNION UNIVERSITY: SCHOLARSHIPS, FELLOWSHIPS, EQUIPMENT, LABORATORY, RESEARCH AND RESEARCH CENTER, STUDENT LOANS, AID AND OTHER STUDENT SUPPORT, FACULTY RECRUITMENT AND SUPPORT, PROFESSORIAL CHAIRS, LECTURESHIPS, PRIZES, BOOKS, AND BUILDING AND MAINTENANCE. A PORTION OF THE EARNINGS OF THE ENDOWMENT FUND IS USED TO SUPPORT THE OPERATING COST OF THE ORGANIZATION. |
| PART X, LINE 2: | FIN 48 THE SOCIETY FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS STANDARD PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE SOCIETY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE SOCIETY HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE SOCIETY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGES IN VALUE OF SPLIT INTEREST AGREEMENT 5,811,412. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | WRITE-OFF OF UNCOLLECTIBLE PLEDGES |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | GRANTMAKING | $67,944,697 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $60,224,310 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | INVESTMENTS | $21,769,824 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $14,980,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $164,918,831 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $164,918,831 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | MIDDLE EAST AND NORTH AFRICA | RegionTxt |
| Purpose Of Grant | SEE PART V | PurposeOfGrantTxt |
| Cash Grant | $67,944,697 | CashGrantAmt |
| Manner Of Cash Disbursement | WIRE | MannerOfCashDisbursementTxt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | MONITORING OF FUNDS THE AMERICAN TECHNION SOCIETY'S DONOR RELATIONS AND STEWARDSHIP DEPARTMENT, IN COORDINATION WITH THE SOCIETY'S FUNDRAISERS AND THE TECHNION'S DIVISION OF PUBLIC AFFAIRS AND RESOURCE DEVELOPMENT, WORKS TO ENSURE THAT THE UNIVERSITY MEETS THE REPORTING AND STEWARDSHIP REQUIREMENTS STIPULATED IN DONOR GIFT AGREEMENTS. THESE MAY INCLUDE: FINANCIAL REPORTS ON HOW FUNDS HAVE BEEN EXPENDED; LETTERS FROM RECIPIENTS OF SCHOLARSHIPS, FELLOWSHIPS AND OTHER STUDENT ASSISTANCE PROGRAMS; LETTERS FROM ACADEMIC CHAIR HOLDERS; REPORTS ON PROGRAM ACTIVITIES AND STATUS/OUTCOME OF RESEARCH PROJECTS; AND PHOTOS OF ONGOING AND COMPLETED CAPITAL PROJECTS. DONORS WHO SUPPORTED LABORATORIES, DORMITORIES AND OTHER CAPITAL INFRASTRUCTURE PROJECTS ARE ENCOURAGED TO ATTEND DEDICATION CEREMONIES AT THE UNIVERSITY. EVERY THREE YEARS, ATS ENGAGES A LOCAL ACCOUNTING FIRM IN ISRAEL TO PERFORM AN AUDIT OF SELECTED GRANTS TO THE UNIVERSITY TO ENSURE COMPLIANCE WITH GRANT REQUIREMENTS AND DONOR RECOGNITION. THE AUDIT REPORT IS REVIEWED AND APPROVED BY THE ORGANIZATION'S AUDIT COMMITTEE. |
| PART III ACCOUNTING METHOD: | |
| PART II, LINE 1, COLUMN (D): | PURPOSE OF GRANT ALL FOREIGN GRANTS ARE MADE TO THE TECHNION ISRAEL INSTITUTE OF TECHNOLOGY, IN HAIFA, ISRAEL. THE GRANTS SUPPORT VARIOUS UNIVERSITY PROJECTS, SUCH AS: CONSTRUCTION OR MAINTENANCE OF RESEARCH AND LEARNING CENTERS, AUDITORIUMS, STUDENT DORMITORIES, ETC.; PIONEERING WORLD-CLASS RESEARCH PROGRAMS; FACULTY DEVELOPMENT; FELLOWSHIPS; AND, SCHOLARSHIPS. |
| PART IV: | THE AMERICAN TECHNION SOCIETY (ATS) INVESTS DIRECTLY IN VARIOUS ALTERNATIVE INVESTMENTS THAT MAY BE ORGANIZED AS EITHER FOREIGN CORPORATIONS OR FOREIGN PARTNERSHIPS; IT LIKEWISE, INVESTS IN DOMESTIC LIMITED PARTNERSHIPS THAT MAY, IN TURN, INVEST IN FOREIGN CORPORATIONS OR PARTNERSHIPS. NEVERTHELESS, ATS' INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR THE FILING OF FORMS 926, 5471, 8621, OR 8865. TO THE EXTENT THAT ATS IS REQUIRED TO COMPLETE ONE (OR MORE) OF THESE FOREIGN FORMS, THEY ARE FILED WITH THE FORM 990-T FILING. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| FRESH EYES DIGITAL | ||||||||
| 2821 N SPAULDING AVE | CHICAGO | IL | 60618 | LEAD GENERATION | 0 | $0 | $210,523 | -$210,523 |
| SANKY COMMUNICATIONS | ||||||||
| 599 11TH AVE 6TH FLR | NEW YORK | NY | 10036 | DIRECT MAIL | 0 | $0 | $100,066 | -$100,066 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $310,589 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$310,589 | TotalNetToOrganizationAmt |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2B, COLUMN IV: | FormAndLineReferenceDesc |
| Explanation | VARIOUS FUNDRAISERS DISCLOSED ON THE SCHEDULE G REPORT NO RECEIPTS RAISED FROM FUNDRAISING ENDEAVORS; THIS IS A FUNCTION OF THE INSTITUTE NOT DISTINGUISHING AMOUNTS RAISED BY SPECIFIC FUNDRAISER EFFORTS AND NOT BECAUSE THE FUNDRAISERS' SERVICES RAISED NO CONTRIBUTIONS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACOBS TECHNION-CORNELL INSTITUTE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 WEST LOOP ROAD | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10044 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 464395157 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $736,737 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | VARIOUS PROJECTS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS SENT TO CORNELL UNIVERSITY, FOR THE JACOBS TECHNION CORNELL INSTITUTE (JTCI), REPRESENT FUNDS DONATED TO ATS THAT WERE DESIGNATED TO SUPPORT THE COLLABORATION BETWEEN TECHNION UNIVERSITY AND CORNELL UNIVERSITY ESTABLISHING THE JTCI ON THE CORNELL TECH CAMPUS. JTCI, IS A 501(C)(3) ORGANIZATION. THE INSTITUTE OFFERS NONTRADITIONAL ACADEMIC PROGRAMS FOCUSED ON OFFERING A GLOBAL PERSPECTIVE ON TECHNOLOGY TRANSFER, COMMERCIALIZATION AND ENTREPRENEURSHIP. ATS IS COORDINATING WITH JTCI TO RECEIVE REGULAR REPORTS ON THE USAGE OF FUNDS RECEIVED FROM ATS. FOR DONOR ADVISED FUNDS, DONOR SENDS IN A GRANT REQUEST. ATS VERIFIES 501(C)(3) STATUS OF PROPOSED GRANTEE, AND SENDS A FORM REQUESTING DONOR TO CONFIRM THAT GRANT WILL NOT PROVIDE ANY PERSONAL BENEFIT TO HIS OR HER FAMILY. ONCE RECEIVED AND EXEMPT STATUS VERIFIED, APPROVAL OF DONOR ADVISED FUND COMMITTEE IS OBTAINED AND PAYMENT IS PROCESSED FOR THE GRANTEE. ATS SENDS THE PAYMENT WITH A LETTER TO GRANTEE SPECIFYING LIMITATIONS AS TO USE OF THE GRANT, I.E. IT SHOULD NOT PROVIDE ANY PERSONAL BENEFIT TO THE DAF DONOR. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL WAXMAN-LENZ | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $591,687 | $0 | $38,150 | $0 | $4,903 | $0 | $38,800 | $0 | $4,448 | $0 | $677,988 | $0 | $0 | $0 |
| DAVID CHIVO | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $320,092 | $0 | $35,000 | $0 | $8,118 | $0 | $18,300 | $0 | $27,174 | $0 | $408,684 | $0 | $0 | $0 |
| JEROME KLEINMAN | ||||||||||||||
| EXECUTIVE DIRECTOR, PRINCIPAL GIFTS | $274,038 | $0 | $0 | $0 | $7,451 | $0 | $16,788 | $0 | $19,531 | $0 | $317,808 | $0 | $0 | $0 |
| DEBORAH BERKOWITZ | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $239,287 | $0 | $35,000 | $0 | $18,930 | $0 | $15,628 | $0 | $4,592 | $0 | $313,437 | $0 | $0 | $0 |
| JUDY SAGER | ||||||||||||||
| EXECUTIVE DIRECTOR, PLANNED GIVING | $236,563 | $0 | $7,500 | $0 | $2,772 | $0 | $15,380 | $0 | $36,517 | $0 | $298,732 | $0 | $0 | $0 |
| MARYELLEN TITANI - EXEC DIR | ||||||||||||||
| CAMP. OPS. & DONOR RELATIONS | $217,758 | $0 | $35,000 | $0 | $420 | $0 | $13,656 | $0 | $30,575 | $0 | $297,409 | $0 | $0 | $0 |
| IRV ELENBERG | ||||||||||||||
| REGIONAL SENIOR DIR. OF DEVELOPMENT | $232,908 | $0 | $6,000 | $0 | $1,198 | $0 | $14,508 | $0 | $29,778 | $0 | $284,392 | $0 | $0 | $0 |
| VICTORIA BUDER | ||||||||||||||
| EXECUTIVE DIR. OF PRINCIPAL GIFTS | $227,542 | $0 | $7,500 | $0 | $2,772 | $0 | $14,249 | $0 | $31,032 | $0 | $283,095 | $0 | $0 | $0 |
| JANA LITTLETON | ||||||||||||||
| CHIEF ADVANCEMENT OFFICER | $200,588 | $0 | $30,000 | $0 | $19,920 | $0 | $13,310 | $0 | $8,329 | $0 | $272,147 | $0 | $0 | $0 |
| PAMELA WOHL | ||||||||||||||
| REGIONAL DIR. OF DEVELOPMENT | $194,605 | $0 | $15,000 | $0 | $630 | $0 | $12,746 | $0 | $31,623 | $0 | $254,604 | $0 | $0 | $0 |
| KATE YARHOUSE | ||||||||||||||
| EXECUTIVE DIRECTOR, HR & ADMIN | $194,206 | $0 | $39,000 | $0 | $2,170 | $0 | $11,795 | $0 | $6,260 | $0 | $253,431 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | BONUSES WERE PAID OUT DURING THE YEAR THAT CONSTITUTED NON-FIXED PAYMENTS. ALL BONUSES ARE REQUESTED BY SUPERVISORS BASED ON EXTRAORDINARY PERFORMANCE IN THE PAST YEAR, SENIOR LEADERSHIP REVIEWS THE REQUESTS AND A FINAL DECISION IS MADE BY THE CEO. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 31 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,994,484 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | PROCEEDS FROM SALE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | NUMBER OF CONTRIBUTIONS THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1 | IMPACT THROUGH THE TECHNION-ISRAEL INSTITUTE OF TECHNOLOGY. |
| FORM 990, PART III, LINE 4A | STEWART AND LYNDA RESNICK CENTER FOR SUSTAINABLE PROCESSES AND CATALYSIS A CATALYST INITIATES OR ACCELERATES A CHEMICAL REACTION WITHOUT BEING CONSUMED. THE GOAL OF THE STEWART AND LYNDA RESNICK SUSTAINABILITY CENTER FOR CATALYSIS IS TO DISCOVER AND DEVELOP NEW CATALYSTS FROM NATURALLY ABUNDANT ELEMENTS TO CHANGE THE WAY THAT INDUSTRIES WORLDWIDE USE CHEMICALLY REACTIVE SUBSTANCES TO MAKE THE PRODUCTS THAT ARE CENTRAL TO MODERN LIFE. THE RESNICK CENTER WILL HARNESS THE TECHNION'S STELLAR RESOURCES IN CHEMISTRY, BIOTECHNOLOGY, PHYSICS, BIOLOGY, COMPUTER SCIENCE, CHEMICAL ENGINEERING, MATERIALS ENGINEERING AND FOOD ENGINEERING, BRINGING TOGETHER MORE THAN 100 PROFESSORS FROM THESE DISCIPLINES INTO A SINGLE FACILITY DESIGNED TO ADVANCE CONCEPTS FROM THE LABS INTO APPLIED TECHNOLOGIES. |
| FORM 990, PART III, LINE 4B | MARTIN AND GRACE DRUAN ROSMAN HIGH PERFORMANCE COMPUTER DATA CENTER HIGH-PERFORMANCE COMPUTING IS THE APPLICATION OF AN INTERCONNECTED LARGE-SCALE CLUSTER OF POWERFUL COMPUTERS TO SOLVE COMPUTATIONAL PROBLEMS THAT ARE TOO LARGE FOR STANDARD COMPUTERS. SITUATED WITHIN A NEW FOUR-STORY CAMPUS BUILDING, THE MARTIN AND GRACE DRUAN ROSMAN HIGH-PERFORMANCE COMPUTER DATA CENTER WILL HOUSE A CUTTING-EDGE COMPUTING CLUSTER THAT WILL ALLOW WORLD-LEADING RESEARCH IN DEFENSE, JET PROPULSION, IMAGE PROCESSING, CYBERSECURITY, AND MYRIAD OTHER AREAS. THE CENTER WILL FACILITATE INTERNATIONALLY COMPETITIVE RESEARCH IN HIGH-PERFORMANCE COMPUTING. THE BUILDING WILL ADDITIONALLY SERVE AS THE EPICENTER OF THE TECHNION'S COMPUTER DEVELOPMENT AND SUPPORT SERVICES AS WELL AS DATA PROTECTION FUNCTIONS. |
| FORM 990, PART III, LINE 4C | STEPHEN KLEIN FACULTY OF AEROSPACE ENGINEERING THE FACULTY OF AEROSPACE ENGINEERING IS A FOCAL POINT OF AEROSPACE RESEARCH IN ISRAEL AND THE ONLY UNIVERSITY DEPARTMENT OF ITS KIND IN THE NATION. THE TECHNION PLANS TO CONSTRUCT A NEW AEROSPACE ENGINEERING BUILDING ALONGSIDE THE NOW-OUTDATED ORIGINAL STRUCTURE, FEATURING A SUBSTANTIAL INCREASE IN SPACE FOR CLASSROOMS, LABORATORIES, AND OFFICES. DESIGNED TO INSPIRE ISRAEL'S FUTURE GENERATIONS OF AEROSPACE ENGINEERS AND RESEARCHERS, THE 40,690 FT. FACILITY WILL OFFER STATE-OF-THE-ART TEACHING AND RESEARCH ENVIRONMENTS. THE FUTURE HOME WILL FEATURE EXPANDED, MODERNIZED FACILITIES, INCLUDING LABORATORIES OUTFITTED WITH THE INSTRUMENTATION NECESSARY TO ENHANCE THE DEVELOPMENT OF ISRAELI SECURITY TECHNOLOGY. |
| FORM 990, PART VI, SECTION A, LINE 1A | DELEGATION OF AUTHORITY THE BOARD AUTHORIZES THE FINANCE TRANSACTIONS COMMITTEE TO ACT ON ITS BEHALF ON FINANCIAL MATTERS NOT EXCEEDING $2 MILLION AND TO PROVIDE OVERSIGHT AND COORDINATION OF OTHER BOARD FINANCIAL COMMITTEES. |
| FORM 990, PART VI, SECTION A, LINE 2 | FAMILY AND BUSINESS RELATIONSHIPS THE FOLLOWING ARE BOARD MEMBERS WITH BUSINESS OR FAMILY RELATIONSHIPS: DAVID A. POLAK, ROBERT L. POLAK AND JEFF POLAK - FAMILY RELATIONSHIP NATHAN FISCHEL AND FARIBA GHODSIAN-FISCHEL - FAMILY RELATIONSHIP ALAN FORMAN AND JONATHAN SOHNIS - BUSINESS RELATIONSHIP STEVE BERGER AND ILENE BERGER - FAMILY RELATIONSHIP |
| FORM 990, PART VI, SECTION B, LINE 11B | REVIEW OF FORM 990 THE FORM 990 IS PREPARED IN CONJUNCTION WITH THE SOCIETY'S EXTERNAL ACCOUNTING FIRM. UPON COMPLETION, THE 990 IS REVIEWED BY THE CFO AND CEO AND A PRESENTATION IS MADE TO THE AUDIT COMMITTEE TO HIGHLIGHT THE 990 INFORMATION PERTINENT TO THAT COMMITTEE'S OVERSIGHT AND GOVERNANCE. ONCE THE AUDIT COMMITTEE HAS APPROVED THE 990 FOR FILING, THE FINAL 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS, IN EITHER PAPER OR ELECTRONIC FORM, PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | MONITORING & ENFORCEMENT OF CONFLICT OF INTEREST POLICY CONFLICT OF INTEREST POLICY AND DISCLOSURE FORMS ARE DISTRIBUTED ANNUALLY TO ALL BOARD MEMBERS, OFFICERS AND MANAGERIAL STAFF. EACH ONE IS REQUIRED TO SIGN AND RETURN THE DISCLOSURE FORM. ATS COUNSEL REVIEWS ANY DISCLOSURES OUT OF THE ORDINARY TO DETERMINE CONFLICT AND REPORTS THESE TO THE AUDIT COMMITTEE FOR REVIEW AND APPROVAL. DIRECTORS AND STAFF WITH A CONFLICT ARE PROHIBITED FROM PARTICIPATING IN DISCUSSIONS AND DECISIONS RELATED TO THE TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | PROCESS FOR DETERMINING COMPENSATION FOR TOP MANAGEMENT OFFICIAL AND OTHER KEY EMPLOYEES THE CEO'S COMPENSATION IS DETERMINED BY A COMMITTEE WHICH IS MADE UP OF THE FOLLOWING OFFICERS OF THE BOARD OF DIRECTORS: CHAIRMAN OF THE BOARD; VICE CHAIRMAN OF THE BOARD; AND PRESIDENT OF THE BOARD. FROM TIME TO TIME THE CHAIRMAN OF THE BOARD MAY CHOOSE TO INCLUDE THE HONORARY CHAIRMAN OF THE BOARD AND/OR CHAIRMAN OF THE HR COMMITTEE. THE CEO'S COMPENSATION IS DETERMINED BY CONTRACT AND INCREASES ANNUALLY ACCORDING TO THE TERMS OF THE CONTRACT. FROM TIME TO TIME, THE COMMITTEE ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT FOR COMPARABILITY DATA AND SUBSTANTIATION. THE COMMITTEE THEN SUBSTANTIATES ITS DECISION WITH A MEMORANDUM WHICH IS SIGNED BY THE PRESIDENT. WITH REGARD TO THE OFFICERS AND KEY EMPLOYEES, FROM TIME TO TIME ATS ENGAGES IN INFORMATION SHARING WITH OTHER NON-PROFITS TO EVALUATE ITS COMPENSATION PACKAGE. IN SOME YEARS ATS IS ABLE TO GATHER THE INFORMATION ANONYMOUSLY. ATS DOES THIS TO CONFIRM THAT ITS SALARIES AND BENEFITS ARE IN LINE WITH THE MARKET. IN 2021, ATS ENGAGED A CONSULTANT TO BENCHMARK ALL OF ATS SALARIES AND SET SALARY RANGES FOR EACH JOB DESCRIPTION. ATS PLANS TO BENCHMARK STAFF SALARIES EVERY TWO YEARS. ATS ALSO REVISITS ANNUALLY SALARIES IN GENERAL AND PERFORMS THE "AGING" PROCESS SO THEY ARE ALIGNED WITH CURRENT ECONOMIC TRENDS. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS AVAILABLE TO THE PUBLIC THE SOCIETY'S FINANCIAL STATEMENTS AND FORM 990 ARE POSTED ON ITS WEBSITE. COPIES OF THE SOCIETY'S OTHER CORPORATE DOCUMENTS, SUCH AS ITS BYLAWS, ARTICLES OF INCORPORATION AND CONFLICTS OF INTEREST POLICY, ARE PROVIDED UPON REQUEST AND AT MANAGEMENT'S DISCRETION. |
| FORM 990, PART XI, LINE 9: | CHANGES IN VALUE OF SPILT INTEREST AGREEMENTS 5,811,412. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|
| PERPETUAL TRUST (1) | ||||
| ANNUITY | FL | N/A | T | 0 |
| PERPETUAL TRUST (1) | ||||
| ANNUITY | TX | N/A | T | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |