American Society For Technion- Israel Institute of Technology Inc is a 501(c)(3) organization based in New York, New York, registered in 1956, with $115,805,997 in FY2023 revenue. CharityIndex grades it A, and it directs about 74% of spending to programs.
Revenue (FY2023)
$115.8M
▲ 34.0% vs prior year
International median: $227K
Expenses (FY2023)
$81.9M
Net assets
$686.0M
Employees
79
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For American Society For Technion- Israel Institute of Technology Inc: 74% to programs · $14 to raise $100 earns a B+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For American Society For Technion- Israel Institute of Technology Inc: 101 mo reserves · +29% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For American Society For Technion- Israel Institute of Technology Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For American Society For Technion- Israel Institute of Technology Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The american technion society supports the technion's critical research and (continued on sch o)
The emergency student and security support fund - see schedule o
The zuckerman stem leadership program - see schedule o
The technion is known for world-leading research in a range of areas: aerospace engineering, biotechnology, biomedical engineering, cancer, computer science, electrical engineering, medicine, quantum engineering, robotics, sustainability, and energy/water. in 2024, the american technion society provided funding for sustainable catalysis research and equipment; sustainable protein research; idf reservist support; the jacobs technion-cornell institute; the rappaport cancer research institute; the undergraduate student village; the carasso foodtech innovation center; and more. ats donors provide ongoing support for top technion priorities: graduate student fellowships, undergraduate scholarships, and aid for students from disadvantaged backgrounds. the american technion society also provided funding for the jacobs-technion cornell institute.
Revenue grew from $94.0M (FY2013) to $115.8M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
29.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$731.6M
Total liabilities
$45.6M
Net assets
$686.0M
Salaries & benefits
$13.4M
16% of expenses
Board members
67
67 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $115,805,997▲34.0% | $81,881,326▼11.0% | $685,954,014▲23.0% | $731,562,263▲21.3% | 990 |
| 2022 | $86,399,228▼4.4% | $92,015,314▲17.8% | $557,613,000▲7.4% | $603,087,740▲7.4% | 990 |
| 2021 | $90,330,678▼8.5% | $78,134,988▼4.1% | $519,256,069▼11.6% | $561,761,560▼10.7% | 990 |
| 2020 | $98,767,366▲32.7% | $81,453,814▲23.9% | $587,256,666▲16.0% | $629,417,045▲14.0% | 990 |
| 2019 | $74,453,195▼27.1% | $65,749,984▼25.7% | $506,223,670▲1.1% | $552,165,498▲1.9% | 990 |
| 2018 | $102,061,646▲27.5% | $88,445,792▲11.7% | $500,623,012▲1.6% | $541,723,030▲1.2% | 990 |
| 2017 | $80,064,724▼29.8% | $79,199,235▼23.0% | $492,758,337▲1.2% | $535,250,934▲2.2% | 990 |
| 2016 | $114,006,776▲4.0% | $102,913,014▼4.4% | $487,023,986▲6.4% | $523,573,079▲6.1% | 990 |
| 2015 | $109,636,877▲23.3% | $107,595,127▲14.2% | $457,851,547▲5.5% | $493,521,906▲4.6% | 990 |
| 2014 | $88,944,556▼5.4% | $94,189,790▲13.0% | $434,012,326▼8.0% | $471,873,985▼8.3% | 990 |
| 2013 | $94,000,353 | $83,326,210▲19.7% | $471,781,871▲2.3% | $514,724,757▲2.0% | 990 |
| 2012 | — | $69,614,682▼11.7% | $461,117,483▲7.1% | $504,399,867▲6.1% | 990 |
| 2011 | — | $78,851,179▲23.6% | $430,576,155▲7.4% | $475,223,419▲5.7% | 990 |
| 2010 | — | $63,801,420▲20.9% | $400,865,333▲2.0% | $449,631,999▲0.2% | 990 |
| 2009 | — | $52,780,276 | $393,025,312 | $448,761,016 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Michael Waxman-lenz — $660,063 (0.81% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Waxman-lenz | Chief Executive Officer | 40 | $660,063 |
| David Chivo | Chief Development Officer | 40 | $370,353 |
| Jeffrey Sussman | Chief Comm. Officer (thru 08/24) | 40 | $299,949 |
| Deborah Berkowitz | Chief Financial Officer | 40 | $290,366 |
| Jerome Kleinman | Executive Director, Principal Gifts | 40 | $278,123 |
| Judy Sager | Executive Dir., Planned Giving | 40 | $267,972 |
| Maryellen Titani - Exec Dir | Chief Camp Ops. & Stewardship Off. | 40 | $262,442 |
| Victoria Buder | Executive Director, Principal Gifts | 40 | $252,506 |
| Irv Elenberg | Regional Senior Dir. of Development | 40 | $246,035 |
| Kate Yarhouse | Chief People Officer | 40 | $241,936 |
| Joey Selesny | Regional Senior Dir. of Development | 40 | $211,930 |
| Jana Littleton - Former Project | Lead, Analytics & Strategy | 40 | $182,756 |
| Agota Kuperman | Board Member | 1 | — |
| Alan Forman | Board Member | 1 | — |
| Alfred Munzer | Board Member | 1 | — |
| Andi Wolfe | Board Member | 5 | — |
| Avraham Ashkenazi | Board Member | 1 | — |
| Barbara Dahl | Board Member | 1 | — |
| Bennett Rechler | Board Member | 1 | — |
| Carol B Epstein | Board Member | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Central Park Speakers LLC | Speaking Engagements | $375,000 |
| Prime Buchholz & Associates | Investment | $322,167 |
| Grant Thornton LLP | Auditor | $247,950 |
| Online Computers & Communications LLC | Consultant | $204,173 |
| Alliance Bernstein LP | Investment | $135,481 |
269 grants to American Society For Technion- Israel Institute of Technology Inc totaling $143.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
1 grant totaling $1.9M in FY2023. All grants made by American Society For Technion- Israel Institute of Technology Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Joan and Irwin Jacobs Technion-cornell Innovation Instit | Various projects | $1,889,001 |
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Data for American Society For Technion- Israel Institute of Technology Inc (EIN 13-0434195) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.