AMERICAN SOCIETY FOR TECHNION- ISRAEL INSTITUTE OF TECHNOLOGY INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN SOCIETY FOR TECHNION- ISRAEL INSTITUTE OF TECHNOLOGY INC (EIN 13-0434195)
- Tax period
- 2014-10-01 to 2015-09-30
- Filed
- 2016-08-08
- IRS object ID
- 201602219349301515
- Schema version
- 2014v6.0
- 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 L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-08-08T13:08:15-05:00 | ReturnTs |
| Tax Period End | 2015-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVE 4TH 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 | 2014-10-01 | 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 for Technology Inc | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ANITA ENRIQUEZ | InCareOfNm |
| Business Name Control | AMER | BusinessNameControlTxt |
| Phone | 2124076300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 East 59th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100221710 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael Schementi | PersonNm |
| Person Title | Sr. V.P. Finance & Admin. | PersonTitleTxt |
| Phone | 2124076300 | PhoneNum |
| Signature | 2016-08-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Qi Wen Liang | PreparerPersonNm |
| PTIN | P01270238 | PTIN |
| Phone | 2125990100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-12-15 16:53:06Z | 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 | Jeffrey Richard | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 East 59th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100221710 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $235,200,770 | GrossReceiptsAmt |
| Group Return For Affiliates | false | 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 | 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 84 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 82 | VotingMembersIndependentCnt |
| Total Employee | 101 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $19,699 | TotalGrossUBIAmt |
| PY Contributions Grants | $71,504,925 | PYContributionsGrantsAmt |
| CY Contributions Grants | $80,177,368 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $22,492,932 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,763,969 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,496 | PYOtherRevenueAmt |
| CY Other Revenue | $3,219 | CYOtherRevenueAmt |
| PY Total Revenue | $94,000,353 | PYTotalRevenueAmt |
| CY Total Revenue | $88,944,556 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $55,311,709 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $72,162,788 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $13,608,235 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,135,056 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $86,036 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $30,372 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $12,416,519 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,320,230 | PYOtherExpensesAmt |
| CY Other Expenses | $7,861,574 | CYOtherExpensesAmt |
| PY Total Expenses | $83,326,210 | PYTotalExpensesAmt |
| CY Total Expenses | $94,189,790 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $10,674,143 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$5,245,234 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $514,724,757 | TotalAssetsBOYAmt |
| Total Assets EOY | $471,873,985 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $42,942,886 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,861,659 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $471,781,871 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $434,012,326 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE 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 BILLION FOR THE TECHNION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $12,438,420 | ExpenseAmt |
| Grant | $12,438,420 | GrantAmt |
| Desc | The Andrew and Erna Viterbi Faculty of Electrical Engineering 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 world's top 10 electrical and computer engineering departments. The support provided by the grant will help cement the Technion's status as a leader in the fields of electrical engineering and computer engineering. It will also enable the university to recruit and retain first-rate faculty and graduate students in those disciplines, and to upgrade the teaching and research infrastructure. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,486,595 | ExpenseAmt |
| Grant | $8,486,595 | GrantAmt |
| Desc | 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 being built on Roosevelt Island. The Jacobs Institute will deliver 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. The campus will also house an onsite start-up 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,538,205 | ExpenseAmt |
| Grant | $3,538,205 | GrantAmt |
| Desc | The hallmark of a world-class institution such as the Technion is the teaching and research excellence of its faculty. A continuing challenge is to attract - and retain - the best faculty members. The critical factor in recruitment is the ability to provide the scientific environment - laboratory facilities, state-of-the-art equipment, technical support and the necessary resources - to conduct pioneering work. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $48,536,273 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $47,699,568 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $72,999,493 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 316 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 101 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | IS | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 84 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 82 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | 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 | ME | 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 | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | 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 | TX | 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 | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANITA ENRIQUEZ | PersonNm |
| Phone | 2124076357 | 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 (95 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 |
|---|---|---|---|---|---|---|---|---|---|
| Joel S Rothman | |||||||||
| chairman | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Martin Kellner | |||||||||
| honorary chairman | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Scott leemaster | |||||||||
| President | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Lawrence S Jackier | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr Stephen A Laser | |||||||||
| vice chairman | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Joan Seidel | |||||||||
| Vice Chairman | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| zahava bar-nir | |||||||||
| secretary | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Senator Paul B Steinberg | |||||||||
| Treasurer | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Rod Feldman | |||||||||
| assistant secretary | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Sid Lejfer | |||||||||
| assistant treasurer | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| nancy aaronson | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| norman belmonte | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| scott myles black | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| robert n brand | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| evelyn edith berger | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| steve berger | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| marilyn caplovitz | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| leona chanin | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| rena conner | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| jeffrey cosiol | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mark Dorner | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr George Elbaum | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| steven emerson | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Carol B Epstein | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Israel Feldman | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Irwin S Field | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Edith Fischer | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Gill Fishman | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ruth E Flinkman-Marandy | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Laura Flug | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Alan Forman | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Joseph Freed | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mark Gaines | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Terry N Gardner | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Edward R Goldberg | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Irwin Gross | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Uzi Halevy | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Harry Handelsman | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Tamara Handelsman | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Robert Hanisee | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Sandy Hittman | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Michael F Klein | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| linda kovan | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Theodore H Krengel | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| aggie kuperman | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Marshall Lasser | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Charles E Levin | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Alfred Munzer MD | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bennett Nathanson | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ruth Nathanson | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Beth S Perlman | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Michael J Pierce | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| David A Polak | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| bennet rechler | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| David Lee Ronn | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Howard Rosenbloom | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kenneth Rubenstein | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Nina Madden Sabban | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Joel W Schwartz | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Arnold Seidel | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Norman Seiden | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Les Seskin | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Irving A Shepard | |||||||||
| Board Member (THRU 3/2015) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Leonard H Sherman | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Stanley Shirvan | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Irv Silver | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Cindy Sipkin | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| mark sheinkopf | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Janet Shatz Snyder | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jonathan Sohnis | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ben Z Sosewitz | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ed Statell | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ivan Stern | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Janey Sweet | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bernice R Tanenbaum | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Joseph Tanenbaum | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ira Taub | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Debbie Vanderveer | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mary Wartell | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Lewis M Weston | |||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| robert a davidow | |||||||||
| board member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bernard Lublin | |||||||||
| bOARD MEMBER | 2.0 | 0.0 | Yes (X) | $0 | $0 | ||||
| Nathan Fischel | |||||||||
| bOARD MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mitchell Julis | |||||||||
| bOARD MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Fariba Godshian | |||||||||
| bOARD MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Melvyn Bloom | |||||||||
| EVP Emeritus (thru 5/2016) | 40.0 | 0.0 | Yes (X) | $472,272 | $0 | $267,510 | |||
| Jeffrey Richard | |||||||||
| Executive VP (AS of 5/2014) | 40.0 | 0.0 | Yes (X) | $307,512 | $0 | $33,105 | |||
| Michael Schementi | |||||||||
| Sr. VP, Finance/CFO | 40.0 | 0.0 | Yes (X) | $287,466 | $0 | $66,213 | |||
| Seth Moskowitz | |||||||||
| Sr. VP, Campaign (Thru 6/2014) | 40.0 | 0.0 | $157,855 | $0 | $32,229 | Yes (X) | |||
| Beth Wilner | |||||||||
| Sr. VP, Development | 40.0 | 0.0 | $259,435 | $0 | $93,662 | Yes (X) | |||
| Jerome Kleinman | |||||||||
| Regional Director | 40.0 | 0.0 | $247,511 | $0 | $48,103 | Yes (X) | |||
| Mark Hefter | |||||||||
| Associate VP of planned giving | 40.0 | 0.0 | $224,603 | $0 | $79,493 | Yes (X) | |||
| Ivan Schonfeld | |||||||||
| Regional Direcor(Thru 10/2014) | 40.0 | 0.0 | $236,482 | $0 | $43,234 | Yes (X) | |||
| Joel Berkowitz | |||||||||
| Regional Director | 40.0 | 0.0 | $199,608 | $0 | $52,638 | Yes (X) | |||
| Irv Elenberg | |||||||||
| Regional Director | 40.0 | 0.0 | $189,831 | $0 | $32,221 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,582,575 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $748,408 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 37 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Prime Buchholz Associates | |||||
| 273 Corporate Drive | PORTSMOUTH | NH | 03801 | Investment Advisory | $247,770 |
| Silchester International Investors | |||||
| 780 Third Avenue 42nd Floor | NEW YORK | NY | 10017 | Investment Advisory | $205,127 |
| Eagle Capital | |||||
| 499 Park Avenue | NEW YORK | NY | 10022 | Investment Advisory | $180,524 |
| Alliance Bernstein | |||||
| 1 North Lexington Avenue 16th Floo | WHITE PLAINS | NY | 10601 | Investment Advisory | $193,633 |
| Grant Thornton LLP | |||||
| 757 3rd Avenue 9 | NEW YORK | NY | 10017 | Audit | $142,815 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $41,231 | FundraisingAmt |
| All Other Contributions | $80,136,137 | AllOtherContributionsAmt |
| Noncash Contributions | $6,692,197 | NoncashContributionsAmt |
| Total Contributions | $80,177,368 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,358,008 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $19,699 | UnrelatedBusinessRevenueAmt |
| Exclusion | $10,338,309 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $144,620,844 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $146,214,883 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,594,039 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,594,039 | TotalRevenueColumnAmt |
| Exclusion | -$1,594,039 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $44,550 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $41,231 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $41,331 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,219 | TotalRevenueColumnAmt |
| Exclusion | $3,219 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $88,944,556 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $19,699 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,747,489 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,552,624 | TotalAmt |
| Program Services | $8,552,624 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,610,164 | TotalAmt |
| Program Services | $63,610,164 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,652,009 | TotalAmt |
| Program Services | $213,670 | ProgramServicesAmt |
| Management And General | $1,138,587 | ManagementAndGeneralAmt |
| Fundraising | $1,299,752 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,078,379 | TotalAmt |
| Program Services | $264,950 | ProgramServicesAmt |
| Management And General | $2,086,227 | ManagementAndGeneralAmt |
| Fundraising | $5,727,202 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $828,808 | TotalAmt |
| Program Services | $46,090 | ProgramServicesAmt |
| Management And General | $160,743 | ManagementAndGeneralAmt |
| Fundraising | $621,975 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,904,017 | TotalAmt |
| Program Services | $27,602 | ProgramServicesAmt |
| Management And General | $587,834 | ManagementAndGeneralAmt |
| Fundraising | $1,288,581 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $671,843 | TotalAmt |
| Program Services | $27,492 | ProgramServicesAmt |
| Management And General | $195,644 | ManagementAndGeneralAmt |
| Fundraising | $448,707 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,706 | TotalAmt |
| Management And General | $157,706 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,365 | TotalAmt |
| Program Services | $22,600 | ProgramServicesAmt |
| Management And General | $103,765 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,333 | TotalAmt |
| Management And General | $188,333 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,372 | TotalAmt |
| Fundraising | $30,372 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $933,615 | TotalAmt |
| Management And General | $933,615 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $356,314 | TotalAmt |
| Management And General | $268,313 | ManagementAndGeneralAmt |
| Fundraising | $88,001 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $577,627 | TotalAmt |
| Program Services | $5,816 | ProgramServicesAmt |
| Management And General | $57,878 | ManagementAndGeneralAmt |
| Fundraising | $513,933 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $597,296 | TotalAmt |
| Program Services | $3,270 | ProgramServicesAmt |
| Management And General | $218,998 | ManagementAndGeneralAmt |
| Fundraising | $375,028 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $857,252 | TotalAmt |
| Program Services | $2,421 | ProgramServicesAmt |
| Management And General | $152,545 | ManagementAndGeneralAmt |
| Fundraising | $702,286 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,149,757 | TotalAmt |
| Program Services | $185,835 | ProgramServicesAmt |
| Management And General | $332,268 | ManagementAndGeneralAmt |
| Fundraising | $631,654 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $512,232 | TotalAmt |
| Program Services | $36,959 | ProgramServicesAmt |
| Management And General | $25,152 | ManagementAndGeneralAmt |
| Fundraising | $450,121 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,043 | TotalAmt |
| Management And General | $135,043 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $413,510 | TotalAmt |
| Management And General | $189,138 | ManagementAndGeneralAmt |
| Fundraising | $224,372 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $227,901 | TotalAmt |
| Management And General | $227,901 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| BAD DEBT EXPENSE | $1,604,221 | $1,604,221 | |
| MISCELLANEOUS | $24,402 | $9,867 | $14,535 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,189,790 | TotalAmt |
| Program Services | $72,999,493 | ProgramServicesAmt |
| Management And General | $8,773,778 | ManagementAndGeneralAmt |
| Fundraising | $12,416,519 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,902,947 | BOYAmt |
| EOY | $2,002,371 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,906,853 | BOYAmt |
| EOY | $3,562,395 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,757,901 | BOYAmt |
| EOY | $88,761,466 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,126,099 | BOYAmt |
| EOY | $47,925,200 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,733,329 | BOYAmt |
| EOY | $3,277,059 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $16,580,607 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,167,545 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,677,247 | BOYAmt |
| EOY | $8,413,062 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,515,039 | BOYAmt |
| EOY | $159,246,513 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,745,660 | BOYAmt |
| EOY | $127,071,653 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,359,682 | BOYAmt |
| EOY | $31,614,266 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $514,724,757 | BOYAmt |
| EOY | $471,873,985 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,148,985 | BOYAmt |
| EOY | $7,021,410 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,058,960 | BOYAmt |
| EOY | $1,066,531 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,300,000 | BOYAmt |
| EOY | $11,300,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,434,941 | BOYAmt |
| EOY | $18,473,718 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,942,886 | BOYAmt |
| EOY | $37,861,659 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,245,573 | BOYAmt |
| EOY | $9,023,449 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,700,144 | BOYAmt |
| EOY | $130,221,913 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $284,836,154 | BOYAmt |
| EOY | $294,766,964 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $471,781,871 | BOYAmt |
| EOY | $434,012,326 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $514,724,757 | BOYAmt |
| EOY | $471,873,985 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$5,245,234 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$19,528,531 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$12,995,780 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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 | $67,200,800 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $65,391,706 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $78,732,133 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $71,504,952 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $80,177,368 | CurrentTaxYearAmt |
| Total | $363,006,959 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $67,200,800 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $65,391,706 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $78,732,133 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $71,504,952 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $80,177,368 | CurrentTaxYearAmt |
| Total | $363,006,959 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $48,501,860 | SubstantialContributorsTotAmt |
| Public Support Total170 | $314,505,099 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,833,591 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,965,947 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,006,914 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,132,722 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,346,541 | CurrentTaxYearAmt |
| Total | $42,285,715 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,424 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $68,244 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$7,523 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,467 | CurrentTaxYearAmt |
| Total | $90,612 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,100 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,625 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $29,600 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $34,800 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $44,550 | CurrentTaxYearAmt |
| Total | $147,675 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $405,530,961 | TotalSupportAmt |
| Public Support CY170 | 0.77554 | PublicSupportCY170Pct |
| Public Support PY170 | 0.76040 | 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 | 10 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Grants | $133,239 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $1,303,961 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (true) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (true) | DisclosedForCharitablePrpsInd |
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $308,056,049 | BeginningYearBalanceAmt |
| Contributions | $10,144,498 | ContributionsAmt |
| Investment Earnings Or Losses | -$12,228,918 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,451,492 | GrantsOrScholarshipsAmt |
| Other Expenditures | $213,688 | OtherExpendituresAmt |
| Administrative Expenses | $2,809,083 | AdministrativeExpensesAmt |
| End Year Balance | $298,497,366 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $299,991,779 | BeginningYearBalanceAmt |
| Contributions | $8,487,251 | ContributionsAmt |
| Investment Earnings Or Losses | $19,711,660 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $19,814,752 | OtherExpendituresAmt |
| Administrative Expenses | $319,889 | AdministrativeExpensesAmt |
| End Year Balance | $308,056,049 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $293,148,146 | BeginningYearBalanceAmt |
| Contributions | $9,931,869 | ContributionsAmt |
| Investment Earnings Or Losses | $14,257,109 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $15,647,315 | OtherExpendituresAmt |
| Administrative Expenses | $1,698,030 | AdministrativeExpensesAmt |
| End Year Balance | $299,991,779 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $269,977,004 | BeginningYearBalanceAmt |
| Contributions | $17,048,449 | ContributionsAmt |
| Investment Earnings Or Losses | $22,416,448 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $16,293,755 | OtherExpendituresAmt |
| End Year Balance | $293,148,146 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $258,215,029 | BeginningYearBalanceAmt |
| Contributions | $21,079,376 | ContributionsAmt |
| Investment Earnings Or Losses | $4,186,395 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $13,503,796 | OtherExpendituresAmt |
| End Year Balance | $269,977,004 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.98800 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.01200 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Land | LandGrp |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,809,811 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,711,654 | DepreciationAmt |
| Book Value | $8,098,157 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,770,796 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,455,891 | DepreciationAmt |
| Book Value | $314,905 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $8,413,062 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ALTERNATIVE INV - HEDGE FUNDS | $95,558,515 | F |
| ISRAEL TIME DEPOSITS | $22,678,838 | F |
| MUNICIPAL BONDS | $482,320 | F |
| HIGH YIELD & OTHER FIXED INCOM | $7,802,427 | F |
| DUE FROM FUND MANAGERS | $549,553 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $127,071,653 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| BENEFICIAL INTERESTS IN TRUSTS | $28,727,673 |
| OTHER RECEIVABLES | $529,376 |
| LIFE INSURANCE POLICIES | $2,357,217 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $31,614,266 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ANNUITY OBLIGATIONS | Desc |
| Amt | $18,473,718 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $18,473,718 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $68,482,410 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$19,528,531 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$19,528,531 | RevenueNotReportedAmt |
| Revenue Subtotal | $88,010,941 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $933,615 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $933,615 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $88,944,556 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $106,251,955 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $12,995,780 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $12,995,780 | ExpensesNotReportedAmt |
| Expenses Subtotal | $93,256,175 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $933,615 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $933,615 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $94,189,790 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Endowment 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 aids; Professorial Chairs; Lectureships; Prizes; Books and Building Maintenace. 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 STANDARD ALSO PROVIDES GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE AND HAD NO MATERIAL IMPACT ON THE ACCOMPANYING FINANCIAL STATEMENTS. THE SOCIETY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE TAX YEARS ENDED 2012, 2013, 2014 AND 2015 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. 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. |
| Other Changes in Expenses | Schedule D, Part XII, Line 2d Pledge Write off - $12,995,780 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|
| Middle East and North Africa | Grantmaking | $63,610,164 |
| Central America and the Caribbean | Investments | $59,101,103 |
| Middle East and North Africa | Investments | $21,769,824 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $144,481,091 | SubtotalSpentAmt |
| Total Spent | $144,481,091 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Middle East and North Africa | RegionTxt |
| Purpose Of Grant | Various Programs and Projects | PurposeOfGrantTxt |
| Cash Grant | $63,610,164 | CashGrantAmt |
| Manner Of Cash Disbursement | Wire | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule F, Part I, Line 1 | The Society's fundraisers with the support of designated staff/departments are responsible for monitoring the University's compliance with the grant requirements. The Grants Compliance Manager keeps track of University's compliance with donor requirements for major projects in liason with the regional fundraising staff. This includes obtaining on a regular basis any of the following: cash flows, budget reports and reports on the actual use of funds, acknowledgment letters from recipients of scholarships, fellowships and other student assistance programs, reports on the activities and status/outcome of research projects and academic chairs, and photos of ongoing and completed capital projects. Donors who supported laboratories, dormitories and other capital infrastructure projects are encouraged to attend groundbreaking and/or inauguration ceremonies at the Univeristy. Every three years, ATS engages a local accounting firm in Israel to perform an audit of selected grants to the University to ensure that grant requirements and donor recognition are properly complied with. The audit report is reviewed and approved by the organization's Audit Committee. |
| Schedule F, Part II, Line I, Column (d) | 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 in domestic and foreign limited partnerships that may own an interest in a foreign corporation or foreign partnership. Nevertheless, the organization's investment activities may not reach the thresholds required for filing the forms 926, 5471, 8621 or 8865. |
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 (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HartStrober Associates | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 52 East End Ave Suite 5B | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10028 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Consultant | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Retained By Contractor | $30,372 | RetainedByContractorAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $30,372 | TotalRetainedByContractorsAmt |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | 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 | 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 | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | 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 | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | NE Dinner | Event1Nm |
| Gross Receipts Event1 | $85,781 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $41,231 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $44,550 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $16,773 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $19,761 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $300 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $4,497 | OtherDirectExpensesEvent1Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $85,781 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $41,231 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $44,550 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $16,773 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $19,761 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $300 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $4,497 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $41,331 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $3,219 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Jacobs Technion-Cornell Institute | |||||||
| 111 8Th Ave Suite 302 | New York | NY | 10011 | 464395157 | 501(c)(3) | $8,486,595 | Various Projects |
| UC San Diego School of Medicine | |||||||
| 9500 Gilman Drive | La Jolla | CA | 92093 | 952872494 | 501(C)(3) | $36,000 | General Operations |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Grants sent to Cornell University, for the Jacobs Technion Cornell Institute (JTCI), represents 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, a 501(c)(3) organization, is in its early stage of operations. 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 the form is received and exempt status is verified, approval of donor advised fund committee is obtained and a check is cut for the grantee. ATS sends the check with a letter to the 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) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Melvyn Bloom | ||||||||||||||
| EVP Emeritus (thru 5/2016) | $392,311 | $0 | $30,000 | $0 | $49,961 | $0 | $204,378 | $0 | $63,132 | $0 | $739,782 | $0 | $0 | $0 |
| Jeffrey Richard | ||||||||||||||
| Executive VP (AS of 5/2014) | $291,847 | $0 | $15,000 | $0 | $665 | $0 | $0 | $0 | $33,105 | $0 | $340,617 | $0 | $0 | $0 |
| Michael Schementi | ||||||||||||||
| Sr. VP, Finance/CFO | $277,799 | $0 | $5,000 | $0 | $4,667 | $0 | $42,442 | $0 | $23,771 | $0 | $353,679 | $0 | $0 | $0 |
| Seth Moskowitz | ||||||||||||||
| Sr. VP, Campaign (Thru 6/2014) | $155,881 | $0 | $0 | $0 | $1,974 | $0 | $20,841 | $0 | $11,388 | $0 | $190,084 | $0 | $0 | $0 |
| Beth Wilner | ||||||||||||||
| Sr. VP, Development | $249,536 | $0 | $4,000 | $0 | $5,899 | $0 | $41,316 | $0 | $52,346 | $0 | $353,097 | $0 | $0 | $0 |
| Jerome Kleinman | ||||||||||||||
| Regional Director | $238,887 | $0 | $2,000 | $0 | $6,624 | $0 | $21,865 | $0 | $26,238 | $0 | $295,614 | $0 | $0 | $0 |
| Mark Hefter | ||||||||||||||
| Associate VP of planned giving | $218,956 | $0 | $3,500 | $0 | $2,147 | $0 | $28,121 | $0 | $51,372 | $0 | $304,096 | $0 | $0 | $0 |
| Ivan Schonfeld | ||||||||||||||
| Regional Direcor(Thru 10/2014) | $157,205 | $0 | $0 | $0 | $79,277 | $0 | $25,211 | $0 | $18,023 | $0 | $279,716 | $0 | $0 | $0 |
| Joel Berkowitz | ||||||||||||||
| Regional Director | $190,733 | $0 | $4,000 | $0 | $4,875 | $0 | $30,517 | $0 | $22,121 | $0 | $252,246 | $0 | $0 | $0 |
| Irv Elenberg | ||||||||||||||
| Regional Director | $187,249 | $0 | $2,000 | $0 | $582 | $0 | $22,470 | $0 | $9,751 | $0 | $222,052 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a - Tax Indemnification And Gross-Up Payments | THE EVP Emeritus RECEIVES A MINIMAL TAX INDEMNIFICATION PAYMENT BASED ON HIS EMPLOYMENT CONTRACT. AMOUNT IS REPORTED AS PART OF THE EXECUTIVE'S GROSS COMPENSATION. |
| Part I, Line 4a | Severance pay to Ivan Schonfeld, Regional Director who retired during the year, was $ 238,980 of which $59,088 was paid during calendar year 2014. The balance of $179,892 was paid in Jan. 2015. |
| Part I, Line 4b | ATS contributed $ 155,275 to a rabbi trust account for Melvyn Bloom, Executive Vice President, Emeritus. |
| 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. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Arnold Joan Siedel | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Board Members | RelationshipDescriptionTxt |
| Transaction | $103,635 | TransactionAmt |
| Transaction | Brokerage Commission | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L Part IV, Line 1 | FormAndLineReferenceDesc |
| Explanation | Sale of donated securities is handled by Morton Seidel & co. owned by Arnold and Joan Seidel who are current members of the ATS board. The brokerage commissions that were charged were the usual and customary transaction fees on the sale of securities. Joan Seidel was a past chairman and is a current vice chairman of the board. | ExplanationTxt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 38 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,692,197 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | fmv | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4d | other Program services The Technion is known for its world-class research in a range of areas including energy, biotechnology, cancer, defense, life sciences, nanotechnology, neurodegenerative diseases, autonomous systems, stem cells and regenerative medicine, and water resources/reclamation. In 2015, the American Technion Society funded research centers including the Nancy and Stephen Grand Technion Energy Program, the Laura and Isaac Perlmutter Metabolomics Center (part of the Technion Integrated Cancer Center), and the Alfred Mann Institute for Biomedical Development. ATS donors support scholarships for undergraduate students who lack the resources to meet tuition and other basic costs, and fellowships for masters and doctoral students with strong academic records. They also provide support for on-campus dormitory housing for undergraduate and graduate students, including a new construction project, the Undergraduate Student Village. Part VI, Section A, Line 1B Delegation of Authority The Finance Transactions Committee acts on behalf of the Board between meetings on financial matters not exceeding $2 million, and provides oversight and coordination of other board financial committees. |
| Part VI, Section A, Line 2 | Family and Business Relationships The following are board members with businessor family relationships: Alan Forman & Jonathan Sohnis - Business relationship Harry Handelsman & Tamara Handelsman - Family relationship Bennett & Ruth Nathanson - Family relationship Arnold & Joan Seidel - Family relationship Bernice & Joseph Tanenbaum - Family relationship Alfred Munzer & Janet Shatz Snyder - Family relationship Irving Shepard & Mary Wartrell - Family relationship |
| Form 990, Part VI, Section B, Line 11 | Review of Form 990 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY the Associate VP - Finance PRIOR TO DISTRIBUTION TO THE SENIOR VICE PRESIDENT-FINANCE, EXECUTIVE VP, AND AUDIT COMMITTEE FOR REVIEW AND APPROVAL. THE FINAL 990 IS THEN DISTRIBUTED TO THE 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 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, Line 15 | Process for Determining Compensation for Top management official and other key employees THE EXECUTIVE VICE PRESIDENT (EVP) AT ATS IS THE TOP MANAGEMENT OFFICIAL AT THE ORGANIZATION AND THE COMPENSATION FOR THIS POSITION IS ESTABLISHED BY A COMMITTEE OF THE BOARD, WHICH IS COMPRISED OF THE FOLLOWING INDEPENDENT INDIVIDUALS: CHAIR OF THE BOARD, VICE CHAIR(S) OF THE BOARD AND THE PRESIDENT OF THE BOARD, WHILE OTHER MEMBERS OF THE BOARD MAY ALSO BE INVITED BY THE CHAIR TO ALSO PARTICIPATE IN THE REVIEW AND DELIBERATION PROCESS (E.G., HONORARY CHAIR OF THE BOARD AND/OR CHAIR OF THE PERSONNEL COMMITTEE). THE EVP'S TOTAL COMPENSATION PACKAGE IS DOCUMENTED THROUGH A WRITTEN EMPLOYMENT CONTRACT AND ANY INCREASE OR ADJUSTMENTS ON AN ANNUAL BASIS ARE PROVIDED TO THE EVP CONSISTENT WITH THE TERMS OF THE EMPLOYMENT AGREEMENT. WHEN DEEMED APPROPRIATE AND NECESSARY THE COMMITTEE MAY ENGAGE AN INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE EXTERNAL THIRD PARTY MARKET DATA FROM A VARIETY OF SOURCES AND THEN THE COMMITTEE CONTEMPORANEOUSLY DOCUMENTS THE FINAL COMPENSATION DECISION THROUGH A MEMORANDUM SIGNED BY THE PRESIDENT OF THE BOARD. IN REGARD TO THE OTHER OFFICERS AND KEY EMPLOYEES, ATS WILL GATHER INFORMATION ABOUT THE COMPARABLE MARKET FROM A VARIETY OF SOURCES TO PROVIDE INSIGHTS INTO COMPARABLE MARKET PRACTICES FOR BOTH SALARY AND BENEFITS PURPOSES. |
| Form 990, Part VI, Section B, Line 19 | THE SOCIETY'S FINANCIAL STATEMENTS ARE POSTED ON ITS WEBSITE. COPIES OF GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE PROVIDED UPON REQUEST. |
| part XI, Line 9 | other changes in net assets or fund balance pledge write off -(12,995,780) |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Charitable remainder Trust (1) |
| Perpetual trust (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Perpetural Trust (1) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | s | TransactionTypeTxt |
| Involved | $70,133 | InvolvedAmt |
| Method Of Amount Determination | cash | MethodOfAmountDeterminationTxt |