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Health : Medical Research (Grantmaking)

American Committee for the Weizmann Institute of Science

Science for the Benefit of Humanity

four stars

90.96

633 Third Avenue 20th Floor
New York, NY 10017
tel: (212) 895-7900   Web Site
EIN: 13-1623886

Board Leadership
Ellen Merlo
National Chair

CEO
Dave Doneson
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 90.96 four stars
  Financial 87.22 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 09/01/2018 and includes data from FY2017, the most recent 990 received at that time.

The American Committee for the Weizmann Institute of Science (ACWIS), founded in 1944, develops philanthropic support for the Weizmann Institute of Science in Israel, one of the world's premier scientific research institutions. The Weizmann Institute is a center of basic multidisciplinary scientific research and graduate study, addressing crucial problems in technology, medicine and health, energy, agriculture, and the environment. ACWIS engages in various activities in order to develop philanthropic funds for the Weizmann Institute from individuals, families, foundations, and the business community; educates the American public about the Institute's research; and represents the Institute's interests in the U.S.

The American Committee for the Weizmann Institute of Science (ACWIS), founded in 1944, develops philanthropic support for the Weizmann Institute of Science in Israel, one of the world's premier scientific research institutions. The Weizmann Institute is a center of basic multidisciplinary scientific research and graduate study, addressing crucial problems in technology, medicine and health, energy, agriculture, and the environment. ACWIS engages in various activities in order to develop philanthropic funds for the Weizmann Institute from individuals, families, foundations, and the business community; educates the American public about the Institute's research; and represents the Institute's interests in the U.S.

Impact Information

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Financial

three stars

87.22

Accountability & Transparency

four stars

100.00

This rating was published 09/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
78.8%
  Administrative Expenses 5.7%
  Fundraising Expenses 15.4%
  Fundraising Efficiency $0.17
  Working Capital Ratio (years) 3.10
  Program Expenses Growth 4.5%
  Liabilities to Assets 3.3%
All data for Financial Performance Metrics calculations was provided by American Committee for the Weizmann Institute of Science on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by American Committee for the Weizmann Institute of Science on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
American Committee for the Weizmann Institute of Science (NY) 90.96 four stars
The Hastings Center (NY) 89.53 three stars
Huntington Medical Research Institutes (CA) 86.73 three stars
Sarcoma Foundation of America (MD) 94.84 four stars
Moffitt Cancer Center Foundation (FL) 86.09 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $71,868,000
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $733,000
   Related Organizations $9,114,000
   Government Grants $0
Total Contributions $81,715,000
   Program Service Revenue $0
Total Primary Revenue $81,715,000
   Other Revenue $16,395,000
TOTAL REVENUE $98,110,000
   
EXPENSES  
   Program Expenses $67,368,000
   Administrative Expenses $4,541,000
   Fundraising Expenses $11,530,000
TOTAL FUNCTIONAL EXPENSES $83,439,000
   
Payments to Affiliates $0
Excess (or Deficit) for the year $14,671,000
   
Net Assets $719,033,000

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Fund to the Weizmann Institute of Science $61,145,000 90.8%
Fund to the Feinberg Graduate School $6,223,000 9.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 09/01/2018 90.96 four stars
2016-06 04/01/2018 86.22 three stars
2015-06 11/01/2016 86.16 three stars
2015-06 10/01/2016 85.05 three stars
2014-06 08/03/2016 90.48 four stars
2014-06 06/01/2016 88.02 three stars
 
CN 2.0
2014-06 12/01/2015 90.68 four stars
2013-06 08/01/2015 91.53 four stars
2013-06 12/01/2014 89.62 three stars
2012-06 10/01/2013 83.73 three stars
2011-06 08/01/2012 81.91 three stars
2010-06 11/01/2011 76.18 two stars
2009-06 09/20/2011 78.64 two stars
 
CN 1.0
2009-06 09/01/2010 72.74 two stars
2008-06 12/01/2009 90.52 four stars
2007-06 10/01/2008 90.62 four stars
2006-06 08/01/2007 83.52 three stars
2005-06 09/01/2006 77.56 two stars
2004-06 11/01/2005 87.99 three stars
2003-06 10/01/2004 80.40 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-1623886
Name in IRS Master File AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE INC
NTEE Code Q11
NTEE Classification Single Organization Support
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1947
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$542,277 0.64% Marshall Levin Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
American Committee for the Weizmann Institute of Science (NY) 90.96 four stars
Diabetes Action Research and Education Foundation (MD) 89.44 three stars
CurePSP (NY) 89.94 three stars
It's The Journey, Inc. (GA) 92.91 four stars
American Psychiatric Association Foundation (DC) 89.25 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

American Committee for the Weizmann Institute of Science
633 Third Avenue
20th Floor
New York, NY 10017
tel: (212) 895-7900
fax: (212) 895-7999
EIN: 13-1623886

Visit Web Site

Board Leadership

Ellen Merlo
National Chair

CEO

Dave Doneson
CEO

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