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Education : Scholarship and Financial Support (Grantmaking/Grants Payable)

American Technion Society

Providing critical support to the Technion-Israel Institute of Technology

three stars

86.64

55 East 59th Street New York, NY 10022
tel: (212) 407-6300   Web Site
EIN: 13-0434195

Board Leadership
Zahava Bar-nir
Chair of the Board

CEO
Michael Waxman-Lenz
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 86.64 three stars
  Financial 81.35 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 05/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The American Technion Society (ATS) provides critical support to the Technion-Israel Institute of Technology, ranked among the world's leading science and technology universities. The ATS accomplishes this through a national organization of 21 offices and thousands of members from coast to coast. The ATS has a distinguished record of achievement having raised more than $1.5 billion since its founding in 1940. ATS regions and chapters offer a full program of events, seminars and networking sessions with Israel's premier scientific, educational, and business leaders. The ATS is constantly expanding its efforts to ensure the Technion's continued excellence and achievements.

The American Technion Society (ATS) provides critical support to the Technion-Israel Institute of Technology, ranked among the world's leading science and technology universities. The ATS accomplishes this through a national organization of 21 offices and thousands of members from coast to coast. The ATS has a distinguished record of achievement having raised more than $1.5 billion since its founding in 1940. ATS regions and chapters offer a full program of events, seminars and networking sessions with Israel's premier scientific, educational, and business leaders. The ATS is constantly expanding its efforts to ensure the Technion's continued excellence and achievements.

Impact Information

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Financial

three stars

81.35

Accountability & Transparency

four stars

97.00

This rating was published 05/01/2020 and includes data from FY2018, 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)
78.1%
  Administrative Expenses 8.7%
  Fundraising Expenses 13.1%
  Fundraising Efficiency $0.14
  Working Capital Ratio (years) 1.31
  Program Expenses Growth 0.8%
  Liabilities to Assets 7.9%
All data for Financial Performance Metrics calculations was provided by American Technion Society on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by American Technion Society on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
American Technion Society (NY) 86.64 three stars
College Now Greater Cleveland (OH) 94.29 four stars
Simon Youth Foundation (IN) 88.20 three stars
Jewish Tuition Organization (AZ) 85.34 three stars
Asian & Pacific Islander American Scholarship Fund (DC) 86.36 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $63,070,141
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $40,840
   Related Organizations $0
   Government Grants $0
Total Contributions $63,110,981
   Program Service Revenue $0
Total Primary Revenue $63,110,981
   Other Revenue $16,953,743
TOTAL REVENUE $80,064,724
   
EXPENSES  
   Program Expenses $57,805,024
   Administrative Expenses $8,267,888
   Fundraising Expenses $13,126,323
TOTAL FUNCTIONAL EXPENSES $79,199,235
   
Payments to Affiliates $0
Excess (or Deficit) for the year $865,489
   
Net Assets $492,758,337

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
Research Grants and Programs $47,604,103 82.4%
The Jacob and Rosaline Cohn Scholarship Fund $5,200,000 9.0%
The Andrew and Erna Viterbi Faculty of Electrical Engineering $2,985,000 5.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-09 05/01/2020 86.64 three stars
2018-09 03/01/2020 86.14 three stars
2017-09 05/01/2019 93.52 four stars
2017-09 03/01/2019 93.18 four stars
2016-09 12/01/2018 92.44 four stars
2015-09 08/01/2017 90.16 four stars
2015-09 02/01/2017 89.19 three stars
2014-09 06/01/2016 86.72 three stars
 
CN 2.0
2014-09 03/01/2016 86.54 three stars
2014-09 12/22/2015 84.04 three stars
2013-09 12/22/2014 86.82 three stars
2012-09 02/01/2014 84.02 three stars
2011-09 10/01/2012 83.67 three stars
2010-09 12/23/2011 83.14 three stars
2009-09 09/20/2011 79.61 two stars
 
CN 1.0
2009-09 02/01/2011 72.88 two stars
2008-09 03/01/2010 82.47 three stars
2007-09 06/01/2009 88.08 three stars
2006-09 07/01/2008 89.08 three stars
2005-09 12/15/2006 83.07 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 13-0434195
Name in IRS Master File AMERICAN SOCIETY FOR TECHNION- ISRAEL INSTITUTE OF TECHNOLOGY INC
NTEE Code Q30
NTEE Classification International Development, Relief Services
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(927) Fundraising
(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 Central - the organization is a central type organization (no group exemption) of a National, Regional or Geographic grouping of organizations.
Group Name [Not Applicable]
Ruling Date October, 1956
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2018
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
Compensation % of Expenses Paid to Title
$545,946 0.68% Jeffrey Richard Executive Vice President
Other Salaries of Note
$680,798 0.85% Michael Schementi Former Senior VP of Finance

Highly Rated

Charity Name & State Overall Score Overall Rating
American Technion Society (NY) 86.64 three stars
Central Scholarship (MD) 94.65 four stars
Woodrow Wilson National Fellowship Foundation (NJ) 88.22 three stars
American Indian Services (UT) 92.94 four stars
Mitchell Institute (ME) 94.01 four stars

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Charity Contact Info

American Technion Society
55 East 59th Street
New York, NY 10022
tel: (212) 407-6300
fax: (212) 753-2925
EIN: 13-0434195

Visit Web Site

Board Leadership

Zahava Bar-nir
Chair of the Board

CEO

Michael Waxman-Lenz
Chief Executive Officer

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