Weizmann Chairs and Scholarships Endowment Inc
99% goes to programs Strong reserves
Weizmann Chairs and Scholarships Endowment Inc is a 501(c)(3) organization based in New York, New York, registered in 2019, with $45,646,642 in FY2023 revenue. CharityIndex grades it A, and it directs about 99% of spending to programs.
10 East 40th Street 30th Fl, New York, NY, 10016 EIN 82-4889212 Since 2019
Revenue (FY2023)
$45.6M
▲ 174.9% vs prior year
Education median: $200K
Expenses (FY2023)
$39.1M
Net assets
$887.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating99% to programs
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 Weizmann Chairs and Scholarships Endowment Inc: 99% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating272 mo reserves · +14% margin
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 Weizmann Chairs and Scholarships Endowment Inc: 272 mo reserves · +14% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 Weizmann Chairs and Scholarships Endowment Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Weizmann Chairs and Scholarships Endowment Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The organization benefits the weizmann institute of science ("institute"). see schedule o.
Contact & location
- Address
- 10 East 40th Street 30th Fl, New York, NY, 10016
- City
- New York
- State
- New York
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $702.6M (FY2018) to $45.6M (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $9.9MNet assets $887.6M
Operating margin
14.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$897.5M
Total liabilities
$9.9M
Net assets
$887.6M
Salaries & benefits
$49K
0% of expenses
Board members
9
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $45,646,642▲175% | $39,104,874▲4.6% | $887,573,858▲5.3% | $897,499,602▲5.3% | 990 |
| 2022 | $16,602,041▼67.5% | $37,371,155▲39.2% | $843,065,300▲1.3% | $852,538,393▲1.7% | 990 |
| 2021 | $51,139,977▲5.4% | $26,839,892▲89.9% | $831,844,739▼11.3% | $838,525,749▼10.9% | 990 |
| 2020 | $48,506,702▲221% | $14,135,776▲366% | $937,560,608▲28.5% | $941,131,900▲28.9% | 990 |
| 2019 | $15,096,569▼97.9% | $3,035,095▲1651% | $729,427,227▲0.7% | $730,251,614▲0.8% | 990 |
| 2018 | $702,611,362 | $173,320 | $724,314,907 | $724,487,722 | 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.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Amy Wagner | Exec. Director & Secretary | 10 | — |
| Catherine Beck | Director (thru 05/2024) | 1 | — |
| Daniel Hirsch | Chair & Director | 1 | — |
| Doron Cohen | Director | 1 | — |
| Eric Stupp | Director | 1 | — |
| Haim Harari | Director | 1 | — |
| Julian Dwek | Director | 1 | — |
| Leon Gould | Director | 1 | — |
| Mario Fleck | Director (start 07/2023) | 1 | — |
| Steven Romick | Director | 1 | — |
| Zvulun Elazar | Director | 1 | — |
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Frequently asked questions
- Is Weizmann Chairs and Scholarships Endowment Inc a legitimate nonprofit?
- Yes. Weizmann Chairs and Scholarships Endowment Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-4889212, based in New York, New York.
- What is Weizmann Chairs and Scholarships Endowment Inc's EIN?
- Weizmann Chairs and Scholarships Endowment Inc's Employer Identification Number (EIN) is 82-4889212.
- How much revenue does Weizmann Chairs and Scholarships Endowment Inc report?
- Weizmann Chairs and Scholarships Endowment Inc reported $45,646,642 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Weizmann Chairs and Scholarships Endowment Inc's spending goes to programs?
- Weizmann Chairs and Scholarships Endowment Inc spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Weizmann Chairs and Scholarships Endowment Inc have?
- CharityIndex grades Weizmann Chairs and Scholarships Endowment Inc A, based on program efficiency and fundraising cost.
- How much does Weizmann Chairs and Scholarships Endowment Inc's highest-paid employee make?
- The highest reported compensation on Weizmann Chairs and Scholarships Endowment Inc's latest Form 990 is $0, paid to Amy Wagner (Exec. Director & Secretary).
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Data for Weizmann Chairs and Scholarships Endowment Inc (EIN 82-4889212) 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.