2019-08-12T17:53:37-05:00 2018-09-30 GRANT THORNTON LLP 757 THIRD AVENUE 4TH FLOOR NEW YORK NY 100172013 990 2017-10-01 130434195 American Society for Technion - Israel Institute of Technology Inc % ANITA ENRIQUEZ AMER 2124076300 55 East 59th Street New York NY 100221710 MICHAEL WAXMAN-LENZ VP, Finance, CFO 2124076300 2019-08-12 true Qi Wen Liang P01270238 2125990100 2019-08-09 209.220.136.124 26377520192245000005 2019-08-12 P 31E644F137E8FFC70BE3CB322700D29420B57840 129B163C438927F7EBAC28D0CE09B57E345C09A1 2017 2019-02-21 02:37:17Z American Technion Society MICHAEL WAXMAN-LENZ 55 East 59th Street New York NY 100221710 108531023 false X www.ats.org X 1940 NY The American Technion Society supports visionary education and world-changing impact through the Technion- Israel Institute of Technology. 77 77 93 300 93952 116401 93677114 63110981 0 0 20455487 16961675 -125825 -7932 114006776 80064724 81332135 56936953 0 0 13262930 12952301 397285 235886 13126323 7920664 9074095 102913014 79199235 11093762 865489 523573079 535250934 36549093 42492597 487023986 492758337 X The American Technion Society supports visionary education and world-changing impact through the Technion-Israel Institute of Technology. Based in New York City, we represent thousands of U.S. donors, alumni and stakeholders who invest in the Technions growth and innovation to advance critical research and technologies that serve the State of Israel and the global good. Over more than 75 years, our nationwide supporter network has funded new Technion scholarships, research, labs and facilities that have helped deliver world-changing contributions and extend Technion education to campuses on three continents. false false 5200000 5200000 0 THE JACOB & ROSALINE COHN SCHOLARSHIP FUND THE TECHNION IS COMMITTED TO ENSURING THAT CAPABLE STUDENTS FROM ALL BACKGROUNDS HAVE THE OPPORTUNITY TO DEVELOP THEIR TALENTS AND ENJOY UPWARD MOBILITY. NEED-BASED SCHOLARSHIPS ENABLE STUDENTS FROM UNDERSERVED COMMUNITIES AND LOW-INCOME HOUSEHOLDS TO ATTEND THE TECHNION, EARN UNDERGRADUATE DEGREES AND GO ON TO REWARDING CAREERS. 2985000 2985000 0 THE ANDREW AND ERNA VITERBI FACULTY OF ELECTRICAL ENGINEERING The project enjoys a worldwide reputation for leadership in key areas of communications, electronics and computer engineering. The department has extensive relationships with the high-tech industry, and its liaison program includes over 30 member companies. It is the largest engineering department in Israel, with more than 2,000 students, and is consistently ranked among the worlds top 10 electrical and computer engineering departments. Faculties continue to receive prestigious awards recognizing their research achievements. SUPPORT FROM THE GRANT ENABLES THE FACULTY TO INCREASE ITS GRADUATE STUDENT BODY, RECRUIT FIRST-RATE FACULTY MEMBERS, EXPAND ITS RESEARCH ACTIVITIES, AND UPGRADE TEACHING AND RESEARCH INFRASTRUCTURE. 2015921 2015921 0 THE JOAN AND IRWIN JACOBS TECHNION-CORNELL INSTITUTE A PARTNERSHIP BETWEEN CORNELL UNIVERSITY AND THE TECHNION-ISRAEL INSTITUTE OF TECHNOLOGY, THE JACOBS TECHNION-CORNELL INSTITUTE IS A KEY COMPONENT OF CORNELL TECH, THE WORLD-CLASS APPLIED SCIENCES CAMPUS THAT OPENED ON NEW YORK CITY'S ROOSEVELT ISLAND IN FALL 2017. THE JACOBS INSTITUTE IS DELIVERING A NEW KIND OF MULTIDISCIPLINARY EDUCATION AND RESEARCH, DEDICATED TO PRODUCING ENGINEERS, SCIENTISTS AND TECHNOLOGY EXPERTS WITH REAL-WORLD ENTREPRENEURIAL EXPERIENCE. STUDENTS ENROLLED IN THE TWO-YEAR MASTER OF SCIENCE (M.S.) IN INFORMATION SYSTEMS PROGRAM EARN DUAL MASTER'S DEGREES CONCURRENTLY-ONE FROM CORNELL AND ONE FROM THE TECHNION-IN CONNECTIVE MEDIA AND HEALTH TECH. FACULTY, POSTDOCTORAL ASSOCIATES AND GRADUATE STUDENTS PURSUE BASIC AND APPLIED RESEARCH, IN COLLABORATION WITH INDUSTRY PARTNERS. A PRIORITY IS RESEARCH ON TOPICS WITH POTENTIAL FOR TECHNOLOGY TRANSFER TO ESTABLISHED COMPANIES, OR TO FORM THE BASIS OF ENTREPRENEURIAL VENTURES-WITH AN EYE TOWARD DRIVING ECONOMIC GROWTH IN NYC. THE CAMPUS WILL ALSO HOUSE AN ONSITE STARTUP INCUBATOR AND ACCELERATOR SPACE, AS WELL AS A TECHNOLOGY TRANSFER OFFICE TO ASSIST IN OBTAINING PATENTS AND MOVING TECHNOLOGY FROM THE LAB TO THE MARKETPLACE. 47604103 46736032 0 OTHER PROGRAMS (SEE SCH. O, PG. 1) 47604103 46736032 0 57805024 true true false false false true false false false true true true false true true true true false false false true true false true true false false true false true false false false false false false false false true false false false false true false false false true 300 0 true 93 true true true true IS false false false true true false false false false false false false X 77 77 true false false false false false false true true false true true true true true true true true true true false AL AR CA CT FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X ANITA ENRIQUEZ 2124076357 55 EAST 56TH STREET New York NY 10022 Zahava Bar-Nir President 1.0 0.0 X X 0 0 0 Scott Leemaster Chairman 1.0 0.0 X X 0 0 0 Joel S Rothman Vice Chairman 1.0 0.0 X X 0 0 0 Joan Seidel Vice Chairman 1.0 0.0 X X 0 0 0 Senator Paul B Steinberg Treasurer 1.0 0.0 X X 0 0 0 Sid Lejfer Asst. Treasurer (THRU 6/2018) 1.0 0.0 X X 0 0 0 Rod Feldman Secretary 1.0 0.0 X X 0 0 0 Nancy Aaronson Assistant Secretary 1.0 0.0 X X 0 0 0 Avharam Ashkenazi Board Member 1.0 0.0 X 0 0 0 Rosalyn August Board Member 1.0 0.0 X 0 0 0 Norman Belmonte Board Member 1.0 0.0 X 0 0 0 Evelyn Edith Berger Board Member (THRU 11/2017) 1.0 0.0 X 0 0 0 Steve Berger Board Member 1.0 0.0 X 0 0 0 Ilene Berger Board Member 1.0 0.0 X 0 0 0 Scott Myles Black Board Member 1.0 0.0 X 0 0 0 Robert N Brand Board Member 1.0 0.0 X 0 0 0 Marilyn Caplovitz Board Member 1.0 0.0 X 0 0 0 Rena Conner Board Member 1.0 0.0 X 0 0 0 Barbara Dahl Board Member 1.0 0.0 X 0 0 0 Robert A Davidow Board Member 1.0 0.0 X 0 0 0 John Davison Board Member 1.0 0.0 X 0 0 0 Cathy Deutchman Board Member 1.0 0.0 X 0 0 0 Brent Dibner Board Member 1.0 0.0 X 0 0 0 Mark Dorner Board Member 1.0 0.0 X 0 0 0 George Elbaum Board Member 1.0 0.0 X 0 0 0 Steven Emerson Board Member 1.0 0.0 X 0 0 0 Carol B Epstein Board Member 1.0 0.0 X 0 0 0 Irwin S Field Board Member 1.0 0.0 X 0 0 0 Nathan Fischel Board Member 1.0 0.0 X 0 0 0 Edith Fischer Board Member 1.0 0.0 X 0 0 0 Gill Fishman Board Member 1.0 0.0 X 0 0 0 Ruth E Flinkman-Marandy Board Member 1.0 0.0 X 0 0 0 Laura Flug Board Member 1.0 0.0 X 0 0 0 Alan Forman Board Member 1.0 0.0 X 0 0 0 Joseph Freed Board Member 1.0 0.0 X 0 0 0 Mark Gaines Board Member 1.0 0.0 X 0 0 0 Terry N Gardner Board Member 1.0 0.0 X 0 0 0 Sol Glasner Board Member 1.0 0.0 X 0 0 0 Fariba Godshian Board Member 1.0 0.0 X 0 0 0 Edward R Goldberg Board Member 1.0 0.0 X 0 0 0 Solvin Gordon Board Member 1.0 0.0 X 0 0 0 Irwin Gross Board Member 1.0 0.0 X 0 0 0 Tamara Handelsman Board Member 1.0 0.0 X 0 0 0 Robert Hanisee Board Member 1.0 0.0 X 0 0 0 Lawrence S Jackier Board Member 1.0 0.0 X 0 0 0 Linda Kovan Board Member 1.0 0.0 X 0 0 0 Theodore H Krengel Board Member 1.0 0.0 X 0 0 0 Agota Kuperman Board Member 1.0 0.0 X 0 0 0 Stephen A Laser Board Member 1.0 0.0 X 0 0 0 Charles E Levin Board Member 1.0 0.0 X 0 0 0 Alfred Munzer Board Member 1.0 0.0 X 0 0 0 Beth S Perlman Board Member 1.0 0.0 X 0 0 0 Michael J Pierce Board Member 1.0 0.0 X 0 0 0 David A Polak Board Member 1.0 0.0 X 0 0 0 Jewel Prince Board Member 1.0 0.0 X 0 0 0 Bennett Rechler Board Member 1.0 0.0 X 0 0 0 David Lee Ronn Board Member 1.0 0.0 X 0 0 0 David Rosenblatt Board Member 1.0 0.0 X 0 0 0 Kenneth Rubenstein Board Member 1.0 0.0 X 0 0 0 Nina Madden Sabban Board Member 1.0 0.0 X 0 0 0 Ed Satell Board Member 1.0 0.0 X 0 0 0 Joel W Schwartz Board Member 1.0 0.0 X 0 0 0 Arnold Seidel Board Member 1.0 0.0 X 0 0 0 Norman Seiden Board Member 1.0 0.0 X 0 0 0 Les Seskin Board Member 1.0 0.0 X 0 0 0 Mark Sheinkopf Board Member 1.0 0.0 X 0 0 0 Leonard H Sherman Board Member 1.0 0.0 X 0 0 0 Stanley Shirvan Board Member 1.0 0.0 X 0 0 0 Irv Silver Board Member 1.0 0.0 X 0 0 0 Janet Shatz Snyder Board Member 1.0 0.0 X 0 0 0 Jonathan Sohnis Board Member 1.0 0.0 X 0 0 0 Eric Stein Board Member 1.0 0.0 X 0 0 0 Janey Sweet Board Member 1.0 0.0 X 0 0 0 Bernice R Tanenbaum Board Member 1.0 0.0 X 0 0 0 Ira Taub Board Member 1.0 0.0 X 0 0 0 Debbie Vanderveer Board Member 1.0 0.0 X 0 0 0 Michael Veloric Board Member 1.0 0.0 X 0 0 0 Mauro Wjuniski Board Member 1.0 0.0 X 0 0 0 Andi Wolfe Board Member 1.0 0.0 X 0 0 0 Jeffrey Richard Executive Vice President 40.0 0.0 X 545946 0 64002 Michael Waxman-Lenz Sr. VP Finance 40.0 0.0 X 319164 0 0 Dave Doneson Sr. VP Resource Development 40.0 0.0 X 339851 0 40062 Tova Kantrowitz Sr. Advisor Strat, Partnshps 40.0 0.0 X 212754 0 69202 Sara Swisher-Anderson VP - Operations and Admin 40.0 0.0 X 214269 0 18172 Mark Hefter Associate VP, Planned Giving 40.0 0.0 X 254116 0 58857 Jerome Kleinman Associate VP, Principal Gifts 40.0 0.0 X 261665 0 41528 David Chivo Regional Director 40.0 0.0 X 230193 0 63000 Bradley Smith Regional Director 40.0 0.0 X 257880 0 25097 JOEL BERKOWITZ REGIONAL DIRECTOR 40.0 0.0 X 356233 0 31194 Michael Schementi Former Sr. VP Finance 0.0 0.0 X 680798 0 0 3672869 0 411114 35 true true false Phil Company 833 Broadway 3rd Floor NEW YORK NY 10003 Marketing 352990 Prime Buchholz Associates 273 Corporate Drive PORTSMOUTH MA 03801 Investment Advisory 258859 Grant Thornton LLP 757 3rd Avenue 9 NEW YORK NY 10017 Audit 222120 The Helen Brown Group 489 Mt Auburn Street 4 WATERTOWN MA 02472 Prospect research 198000 Adam Personnel 65 West 55th Street NEW YORK NY 10019 Temp Help 169790 7 40840 63070141 5744301 63110981 0 8659918 93952 8565966 0 0 0 0 0 36731624 28429867 8301757 8301757 8301757 28500 40840 36432 -7932 -7932 0 0 0 0 0 0 0 80064724 93952 16859791 2035271 2035271 0 54901682 54901682 0 1820773 182598 717360 920815 0 8770841 447837 2235439 6087565 455050 11722 122999 320329 1261146 61992 353443 845711 644491 36520 180355 427616 0 109069 109069 318446 318446 0 235886 235886 956494 956494 1159774 831368 328406 426532 55043 371489 379259 677 137082 241500 0 0 826902 7542 44682 774678 982069 119183 156523 706363 0 267138 267138 334751 334751 0 432061 196410 235651 241961 241961 CAMPAIGN EVENTS 1346697 1346697 BAD DEBT EXPENSE 1177421 1177421 EQUIP. RENTAL & MAINTENANCE 87504 87504 OTHER EXPENSES 28017 11538 16479 79199235 57805024 8267888 13126323 2085626 3854702 458795 711432 71843105 64595927 0 0 0 0 0 0 44522617 42376173 0 0 3214084 4304242 16811939 9476644 7719907 7335295 213003825 227082919 144700701 145949612 0 0 0 0 36024419 39040632 523573079 535250934 4689193 5585623 1947282 3220211 0 0 0 0 0 0 0 0 11300000 11300000 0 0 18612618 22386763 36549093 42492597 X 11763129 24864432 152040083 101995975 323220774 365897930 487023986 492758337 523573079 535250934 865489 4868862 X false true X true false X 71504952 80177368 103294031 93677114 63110981 411764446 0 0 71504952 80177368 103294031 93677114 63110981 411764446 73643565 338120881 8132722 10346541 8915200 7826353 8565966 43786782 0 11467 0 29720 54826 96013 34800 44550 218200 37450 28500 363500 456010741 0.74148 0.71717 X 10 19350 1279905 true true 367717263 3241151 19048516 17080274 7028726 365897930 325279216 25899337 34601387 10584662 7478015 367717263 298497366 15993136 25687708 10693827 3663 4201504 325279216 308056049 10144498 -12228918 4451492 213688 2809083 298497366 299991779 8487251 19711660 12397482 7737159 308056049 0.00000 0.88000 0.12000 true false 9801289 4359531 5441758 3008522 1315872 1692650 4002128 3801241 200887 7335295 ALTERNATIVE INVESTMENTS 117232999 F ISRAEL BONDS 22168804 F HIGH YIELD & OTHER FIXED INCOM 6547809 F 145949612 BENEFICIAL INTERESTS IN TRUSTS 35727638 LIFE INSURANCE POLICIES 2500451 OTHER RECEIVABLES 812543 39040632 0 ANNUITY OBLIGATIONS 22386763 22386763 X 83977092 4868862 4868862 79108230 956494 956494 80064724 78242741 78242741 956494 956494 79199235 ENDOWNMENT FUNDS SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE FOLLOWING PROGRAM SERVICE PROJECTS AT THE TECHNION UNIVERSITY: SCHOLARSHIPS; FELLOWSHIPS; RESEARCH; STUDENT LOANS AND AID; PROFESSORIAL CHAIRS; LECTURESHIPS; PRIZES; BOOKS AND BUILDING MAINTENANCE. A PORTION OF THE EARNINGS OF THE ENDOWMENT FUND IS USED TO SUPPORT THE OPERATING COST OF THE ORGANIZATION. FIN 48 PART X, LINE 2 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 Internal Revenue 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. true Middle East and North Africa Grantmaking 54901682 Central America and the Caribbean Investments 52665847 Middle East and North Africa Investments 21769824 129337353 129337353 Middle East and North Africa SEE PART V 54901682 Wire 1 true false true true true false SCHEDULE F, PART I, LINE 1 MONITORING OF FUNDS THE AMERICAN TECHNION SOCIETYS DONOR RELATIONS AND STEWARDSHIP DEPARTMENT, IN COORDINATION WITH THE SOCIETY'S FUNDRAISERS AND THE TECHNIONS 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 ORGANIZATIONS AUDIT COMMITTEE. SCHEDULE F, PART II, LINE I, 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. SCHEDULE F, 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. X X X X X X true The Helen Brown Group 48 Summer Street Suite 2 Watertown MA 02472 Prospect Research false 0 156000 0 Marshall Haber Creative Group Inc 231 West 29th St 1407 New York NY 10001 Direct Mail & Marketing false 0 22409 0 The Lukens Company Group Inc 2800 Shirlington Road 900 Arlington VA 22206 Direct Mail & Marketing false 0 25583 0 Schultz Williams One Penn Ctr-suburban Street Philadelphia PA 19103 Direct mail & marketing false 0 31894 0 0 235886 0 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY NE Dinner 69340 40840 28500 17788 15794 375 2475 0 69340 40840 28500 17788 15794 375 2475 36432 -7932 PART I, LINE 2B, COLUMN (IV) 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. true Jacobs Technion-Cornell Institute 111 8th Ave Suite 302 New York NY 10011 464395157 501(C)(3) 2015921 Various Projects Harvard School of Dental Medic 188 Longwood Ave Boston MA 02112 042103580 501(C)(3) 6000 Research 2 SCHEDULE I, PART I, LINE 2 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 CHECK IS CUT FOR THE GRANTEE. ATS SENDS CHECK 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. X X X X true false false false false false false true false Jeffrey Richard Executive Vice President 519166 0 25000 0 1780 0 23814 0 40188 0 609948 0 0 0 Michael Waxman-Lenz Sr. VP Finance 302775 0 15000 0 1389 0 0 0 595 0 319759 0 0 0 Dave Doneson Sr. VP Resource Development 319139 0 20000 0 712 0 23227 0 19349 0 382427 0 0 0 Tova Kantrowitz Sr. Advisor Strat, Partnshps 207082 0 2500 0 3172 0 27054 0 46110 0 285918 0 0 0 Sara Swisher-Anderson VP - Operations and Admin 198848 0 15000 0 421 0 18172 0 3996 0 236437 0 0 0 Mark Hefter Associate VP, Planned Giving 244183 0 6300 0 3633 0 30567 0 32346 0 317029 0 0 0 Jerome Kleinman Associate VP, Principal Gifts 248682 0 6000 0 6983 0 24853 0 20728 0 307246 0 0 0 David Chivo Regional Director 217944 0 11500 0 749 0 21018 0 42953 0 294164 0 0 0 Bradley Smith Regional Director 252562 0 4800 0 518 0 8659 0 17448 0 283987 0 0 0 Michael Schementi Former Sr. VP Finance 0 0 0 0 680798 0 0 0 0 0 680798 0 0 0 JOEL BERKOWITZ REGIONAL DIRECTOR 106423 0 0 0 249810 0 21206 0 9988 0 387427 0 0 0 PART I, LINE 4A - SEVERANCE PAYMENT FORMER SENIOR VP OF FINANCE, MICHAEL SCHEMENTI, RETIRED AT THE END OF 2016 AND RECEIVED SEVERANCE PAYMENT IN THE AMOUNT OF $656,950 IN JANUARY OF 2017. THIS AMOUNT WAS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III). REGIONAL DIRECTOR, JOEL BERKOWITZ, LEFT ATS IN AUGUST 2017 AND RECEIVED SEVERANCE PAYMENT IN THE AMOUNT OF $230,940. THIS AMOUNT WAS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 7 BONUSES WERE PAID OUT DURING THE YEAR THAT CONSTITUTED NON FIXED PAYMENTS. THE EXECUTIVE VICE PRESIDENT'S BONUS IS DETERMINED BY THE MANAGEMENT COMMITTEE MADE UP OF THE PRESIDENT AND OTHER KEY MEMBERS OF THE BOARD OF DIRECTORS. ALL OTHER BONUSES ARE REQUESTED BY SUPERVISORS BASED ON EXTRAORDINARY PERFORMANCE IN THE PAST YEAR AND A FINAL DECISION IS MADE BY THE EXECUTIVE VICE PRESIDENT. X 51 4939357 Proceeds from sale X 1 804944 Proceeds from sale false true false PART III, LINE 4D RESEARCH GRANTS AND PROGRAMS THE TECHNION IS KNOWN FOR ITS WORLD-CLASS RESEARCH IN A RANGE OF AREAS INCLUDING AEROSPACE, BIOTECHNOLOGY, BIOMEDICAL ENGINEERING, CANCER, COMPUTER SCIENCE, ELECTRICAL ENGINEERING, MEDICINE, NANOTECHNOLOGY, QUANTUM ENGINEERING, ROBOTICS, SUSTAINABLE ENERGY AND WATER RESOURCES/RECLAMATION. IN 2018, THE AMERICAN TECHNION SOCIETY PROVIDED FUNDING FOR PROJECTS INCLUDING THE TECHNION INTEGRATED CANCER CENTER; DORMITORY HOUSING FOR UNDERGRADUATE STUDENTS; A NEW CAMPUS VISITORS CENTER; AND RESEARCH IN FIELDS SUCH AS ALTERNATIVE FUELS AND RENEWABLE ENERGY RESOURCES; THE LIFE SCIENCES; SECURITY AND DEFENSE; AND NANOTECHNOLOGY. ATS DONORS PROVIDE ONGOING SUPPORT FOR TOP TECHNION PRIORITIES: GRADUATE FELLOWSHIPS FOR STUDENTS WITH STRONG ACADEMIC RECORDS, AND FACULTY RECRUITMENT AND RETENTION. 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. PART VI, SECTION A, LINE 2 FAMILY AND BUSINESS RELATIONSHIPS THE FOLLOWING ARE BOARD MEMBERS WITH BUSINESS OR FAMILY RELATIONSHIPS: ALAN FORMAN & JONATHAN SOHNIS - BUSINESS RELATIONSHIP ARNOLD & JOAN SEIDEL - FAMILY RELATIONSHIP STEVE & ILENE BERGER - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 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 SENIOR VP/CFO AND EXECUTIVE V.P. 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 DISCLOSURES 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, LINES 15A & 15B PROCESS FOR DETERMINING COMPENSATION FOR TOP MANAGEMENT OFFICIAL AND OTHER KEY EMPLOYEES IN 2017 ATS ENGAGED AN INDEPENDENT PROFESSIONAL CONSULTANT TO CONDUCT A THOROUGH ASSESSMENT AND REVIEW OF VARIOUS ASPECTS OF ATS' OPERATIONS WITH THE GOAL OF ALIGNING THE ORGANIZATION'S OPERATIONAL STRUCTURE WITH ITS STRATEGIC PLAN. ATS' COMPENSATION AND BENEFIT OFFERINGS WERE COMPARED WITH THOSE OF ITS PEER INSTITUTIONS IN A COMPARABLE GEOGRAPHIC MARKET, GATHERED FROM A VARIETY OF INDEPENDENT THIRD PARTIES. THIS COMPENSATION REVIEW IS INSTRUMENTAL TO ENABLING ATS TO REMAIN COMPETITIVE IN RECRUITING AN EMPLOYEE WORKFORCE AND IN MOTIVATING EMPLOYEES FOR SUCCESS. THE EXECUTIVE VICE PRESIDENT'S (CEO) COMPENSATION IS DETERMINED BY A COMMITTEE WHICH IS MADE UP OF THE FOLLOWING OFFICERS OF THE BOARD OF DIRECTORS: CHAIRMAN OF THE BOARD; VICE CHAIRMEN 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 PERSONNEL 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. FORM 990, PART VI, SECTION C, LINE 19 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. Charitable remainder trust(1) N/A Perpetual Trust (1) NA false false false false false false false false false false false false false false false false false false true