2024-08-09T10:52:26-05:00 2023-09-30 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2022-10-01 130434195 AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC AMER 2124076300 55 EAST 59TH STREET 14TH FLOOR NEW YORK NY 100221710 DEBORAH BERKOWITZ CFO 2124076357 2024-08-09 1 0 DANIEL ROMANO P00504182 2125990100 2022 2024-08-08 14:25:15Z AMERICAN TECHNION SOCIETY MICHAEL WAXMAN-LENZ 55 EAST 59TH STREET 14TH FLOOR NEW YORK NY 100221710 266601985 0 X WWW.ATS.ORG X 1940 NY THE AMERICAN TECHNION SOCIETY SUPPORTS VISIONARY EDUCATION AND WORLD-CHANGING (CONTINUED ON SCH O) 68 68 75 264 265564 26870 75213333 60038269 0 0 15117345 26360959 0 0 90330678 86399228 58142294 68693234 0 0 11604021 12579915 237786 310589 11409416 8150887 10431576 78134988 92015314 12195690 -5616086 561761560 603087740 42505491 45474740 519256069 557613000 X SEE SCHEDULE OTHE 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 $2.8 BILLION FOR THE TECHNION. THE MISSION OF ATS IS 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. 0 0 16024975 16024975 0 STEWART AND LYNDA RESNICK CENTER FOR SUSTAINABLE PROCESSES AND CATALYSIS - SEE SCHEDULE O 6457380 6457380 0 MARTIN AND GRACE DRUAN ROSMAN HIGH PERFORMANCE COMPUTER DATA CENTER - SEE SCHEDULE O 3839040 3839040 0 STEPHEN KLEIN FACULTY OF AEROSPACE ENGINEERING - SEE SCHEDULE O 45262847 42371839 0 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 2023, THE AMERICAN TECHNION SOCIETY PROVIDED FUNDING FOR THE JACOBS-TECHNION CORNELL INSTITUTE; FACULTY RECRUITMENT AND RETENTION; THE TECHNION EMERGENCY STUDENT AND SECURITY SUPPORT FUND; CAMPUS ENHANCEMENTS; AND RESEARCH IN FIELDS SUCH AS SECURITY/DEFENSE AND NEURODEGENERATIVE DISORDERS. ATS DONORS PROVIDE ONGOING SUPPORT FOR TOP TECHNION PRIORITIES: GRADUATE STUDENT FELLOWSHIPS, STUDENT HOUSING, AND AID FOR STUDENTS FROM DISADVANTAGED BACKGROUNDS. 45262847 42371839 0 71584242 1 1 0 0 0 1 0 0 0 1 1 1 0 1 1 1 1 0 0 0 1 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 214 0 1 75 1 1 1 1 IS 0 0 0 1 1 0 0 0 0 0 0 X 68 68 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OR PA RI SC TN UT VA WV WI X X EDITA LEONARDO 2124076358 55 EAST 56TH STREET NEW YORK NY 10022 MARK GAINES INTERIM PRESIDENT (AS OF 03/2023) 5.00 0.00 X X 0 0 0 JANEY SWEET PRESIDENT (THRU 02/2023) 5.00 0.00 X X 0 0 0 STEVE BERGER CHAIRMAN OF THE BOARD 5.00 0.00 X X 0 0 0 ZAHAVA BAR-NIR VICE CHAIRMAN 5.00 0.00 X X 0 0 0 SCOTT LEEMASTER VICE CHAIRMAN 5.00 0.00 X X 0 0 0 SENATOR PAUL B STEINBERG TREASURER 5.00 0.00 X X 0 0 0 JANET SHATZ SNYDER ASSISTANT TREASURER 5.00 0.00 X X 0 0 0 ROD FELDMAN SECRETARY (THRU 07/2023) 5.00 0.00 X X 0 0 0 NANCY ARONSON ASSISTANT SECRETARY 5.00 0.00 X X 0 0 0 ELI ALMO BOARD MEMBER 1.00 0.00 X 0 0 0 AVRAHAM ASHKENAZI BOARD MEMBER 1.00 0.00 X 0 0 0 ROSALYN AUGUST BOARD MEMBER 1.00 0.00 X 0 0 0 ILENE BERGER BOARD MEMBER 1.00 0.00 X 0 0 0 MARK BERNSTEIN BOARD MEMBER 1.00 0.00 X 0 0 0 KATHRYN BLOOM BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT N BRAND BOARD MEMBER 1.00 0.00 X 0 0 0 MARILYN CAPLOVITZ BOARD MEMBER 1.00 0.00 X 0 0 0 PAMELA RUBIN COHEN BOARD MEMBER (AS OF 10/2022) 1.00 0.00 X 0 0 0 JOYCE CROFT BOARD MEMBER 1.00 0.00 X 0 0 0 BARBARA DAHL BOARD MEMBER 1.00 0.00 X 0 0 0 JAMES DANTO BOARD MEMBER (AS OF 10/2022) 1.00 0.00 X 0 0 0 ROBERT A DAVIDOW BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN DAVISON BOARD MEMBER 1.00 0.00 X 0 0 0 CATHY DEUTCHMAN BOARD MEMBER 1.00 0.00 X 0 0 0 ERIC DOBRUSIN BOARD MEMBER 1.00 0.00 X 0 0 0 MARK DORNER BOARD MEMBER 1.00 0.00 X 0 0 0 GEORGE ELBAUM BOARD MEMBER 1.00 0.00 X 0 0 0 CAROL B EPSTEIN BOARD MEMBER 1.00 0.00 X 0 0 0 SUSAN FEIGENBAUM BOARD MEMBER 1.00 0.00 X 0 0 0 NATHAN FISCHEL BOARD MEMBER 1.00 0.00 X 0 0 0 NORA FISCHER BOARD MEMBER 1.00 0.00 X 0 0 0 LAURA FLUG BOARD MEMBER 1.00 0.00 X 0 0 0 ALAN FORMAN BOARD MEMBER 1.00 0.00 X 0 0 0 RUSSELL FRANK BOARD MEMBER (THRU 08/2023) 1.00 0.00 X 0 0 0 MICHAEL GAMSON BOARD MEMBER 1.00 0.00 X 0 0 0 SOL GLASNER BOARD MEMBER 1.00 0.00 X 0 0 0 FARIBA GHODSIAN-FISCHEL BOARD MEMBER 1.00 0.00 X 0 0 0 EDWARD R GOLDBERG BOARD MEMBER 1.00 0.00 X 0 0 0 SOLVIN GORDON BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT HANISEE BOARD MEMBER 1.00 0.00 X 0 0 0 LAWRENCE S JACKIER BOARD MEMBER 1.00 0.00 X 0 0 0 JUDY JONAS BOARD MEMBER 1.00 0.00 X 0 0 0 LINDA KOVAN BOARD MEMBER (THRU 02/2023) 1.00 0.00 X 0 0 0 AGOTA KUPERMAN BOARD MEMBER 1.00 0.00 X 0 0 0 JULEE LANDAU BOARD MEMBER 1.00 0.00 X 0 0 0 STEPHEN A LASER BOARD MEMBER 1.00 0.00 X 0 0 0 CHARLES E LEVIN BOARD MEMBER 1.00 0.00 X 0 0 0 KIRA MAKAGON BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID MARCUS BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL MILLER BOARD MEMBER (AS OF 10/2022) 1.00 0.00 X 0 0 0 MELANIE MORENO BOARD MEMBER 1.00 0.00 X 0 0 0 ALFRED MUNZER BOARD MEMBER 1.00 0.00 X 0 0 0 NAOMI NEWMAN BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL J PIERCE BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID A POLAK BOARD MEMBER 1.00 0.00 X 0 0 0 JEFF POLAK BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT L POLAK BOARD MEMBER 1.00 0.00 X 0 0 0 BENNETT RECHLER BOARD MEMBER 1.00 0.00 X 0 0 0 JOEL S ROTHMAN BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID LEE RONN BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID ROSENBLATT BOARD MEMBER 1.00 0.00 X 0 0 0 KENNETH RUBENSTEIN BOARD MEMBER 1.00 0.00 X 0 0 0 ED SATELL BOARD MEMBER 1.00 0.00 X 0 0 0 JOEL W SCHWARTZ BOARD MEMBER 1.00 0.00 X 0 0 0 JOAN SEIDEL BOARD MEMBER 1.00 0.00 X 0 0 0 JONATHAN SOHNIS BOARD MEMBER 1.00 0.00 X 0 0 0 ERIC STEIN BOARD MEMBER 1.00 0.00 X 0 0 0 IRA TAUB BOARD MEMBER 1.00 0.00 X 0 0 0 DEBBIE VANDERVEER BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL VELORIC BOARD MEMBER 5.00 0.00 X 0 0 0 ANDI WOLFE BOARD MEMBER 1.00 0.00 X 0 0 0 STEVE WISHNER BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL WAXMAN-LENZ CHIEF EXECUTIVE OFFICER 40.00 0.00 X 634740 0 43248 DEBORAH BERKOWITZ CHIEF FINANCIAL OFFICER 40.00 0.00 X 293217 0 20220 DAVID CHIVO CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 363210 0 45474 MARYELLEN TITANI - EXEC DIR CAMP. OPS. & DONOR RELATIONS 40.00 0.00 X 253178 0 44231 JANA LITTLETON CHIEF ADVANCEMENT OFFICER 40.00 0.00 X 250508 0 21639 KATE YARHOUSE EXECUTIVE DIRECTOR, HR & ADMIN 40.00 0.00 X 235376 0 18055 JEROME KLEINMAN EXECUTIVE DIRECTOR, PRINCIPAL GIFTS 40.00 0.00 X 281489 0 36319 JUDY SAGER EXECUTIVE DIRECTOR, PLANNED GIVING 40.00 0.00 X 246835 0 51897 IRV ELENBERG REGIONAL SENIOR DIR. OF DEVELOPMENT 40.00 0.00 X 240106 0 44286 VICTORIA BUDER EXECUTIVE DIR. OF PRINCIPAL GIFTS 40.00 0.00 X 237814 0 45281 PAMELA WOHL REGIONAL DIR. OF DEVELOPMENT 40.00 0.00 X 210235 0 44369 3246708 0 415019 39 0 1 0 PRIME BUCHHOLZ & ASSOCIATES 273 CORPORATE DRIVE STE 250 PORTSMOUTH NH 03801 INVESTMENT 344553 ONLINE COMPUTERS & COMMUNICATIONS LLC PO BOX 428 FLORHAM PARK NJ 07932 CONSULTING 165387 GRANT THORNTON LLP 33570 TREASURY CENTER CHICAGO IL 60694 ACCOUNTING 154950 ALLIANCE BERNSTEIN LP PO BOX 7247-7497 PHILADELPHIA PA 19170 INVESTMENT 138665 4 60038269 2994484 60038269 9629071 265564 9363507 196934645 180202757 16731888 16731888 16731888 86399228 0 265564 26095395 748537 748537 67944697 67944697 2458594 313458 571661 1573475 8069574 684581 1709032 5675961 437461 53058 97233 287170 1220649 148048 271309 801292 393637 47743 87492 258402 171067 171067 199940 199940 310589 310589 797900 797900 710611 710611 787454 125000 73449 589005 274235 5165 88846 180224 450081 450081 761313 15823 284734 460756 732789 182891 48456 501442 247070 247070 516992 197461 319531 397122 218417 178705 351941 351941 BAD DEBTS 2316412 2316412 CAMPAIGN EVENT EXPENSES 1315241 1315241 BENEFICIARY SETTLEMENT 308000 308000 EQUIP. RENTAL & MAINT. 41725 41725 51683 25889 25794 92015314 71584242 9021656 11409416 2590724 2316709 25344 90625 28867353 22163600 34436652 33356829 2865096 2830439 17254799 11512680 6033772 5742119 260554075 269508965 180978680 220433738 45409864 46644716 561761560 603087740 4729362 4874421 5088759 8996330 11300000 11316261 21387370 20287728 42505491 45474740 X 18676623 22877424 500579446 534735576 519256069 557613000 561761560 603087740 X -5616086 38161605 5811412 X 0 1 X 1 0 X 81983457 61617923 65971880 75213333 60038269 344824862 81983457 61617923 65971880 75213333 60038269 344824862 47838536 296986326 9859254 9558168 9180840 10452875 9363507 48414644 13397 19263 265564 298224 393537730 0.75470 0.77620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6 11800 348159 1 1 409348210 7190966 59954810 10713441 681465 8500000 456599080 466141751 8345872 -48550521 10588892 6000000 409348210 400204735 7720807 78689493 12473285 7999999 466141751 391616604 15445681 7305596 10075099 4088047 400204735 365942430 25684359 11751204 9028971 2732418 391616604 0.00600 0.85700 0.13700 1 0 9801289 5584692 4216597 3089724 1699135 1390589 4363786 4228853 134933 5742119 ALTERNATIVE INVESTMENTS 198187134 F TIME DEPOSITS AND ISRAEL BONDS 22246604 F 220433738 BENEFICIAL INTEREST IN TRUSTS 44371089 LIFE INSURANCE POLICIES 2142860 OTHER RECEIVABLES 130767 46644716 ANNUITY OBLIGATIONS 20287728 20287728 X 129574345 38161605 5811412 43973017 85601328 797900 797900 86399228 91217414 0 91217414 797900 797900 92015314 PART V, LINE 4: ENDOWMENT FUNDS ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE FOLLOWING PROGRAM SERVICE PROJECTS AT THE TECHNION UNIVERSITY: SCHOLARSHIPS, FELLOWSHIPS, EQUIPMENT, LABORATORY, RESEARCH AND RESEARCH CENTER, STUDENT LOANS, AID AND OTHER STUDENT SUPPORT, FACULTY RECRUITMENT AND SUPPORT, PROFESSORIAL CHAIRS, LECTURESHIPS, PRIZES, BOOKS, AND BUILDING AND MAINTENANCE. A PORTION OF THE EARNINGS OF THE ENDOWMENT FUND IS USED TO SUPPORT THE OPERATING COST OF THE ORGANIZATION. PART X, LINE 2: FIN 48 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 ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE SOCIETY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. 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. THE SOCIETY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGES IN VALUE OF SPLIT INTEREST AGREEMENT 5,811,412. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF OF UNCOLLECTIBLE PLEDGES 1 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 67944697 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 60224310 MIDDLE EAST AND NORTH AFRICA 0 0 INVESTMENTS 21769824 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 14980000 0 0 0 0 0 0 164918831 0 164918831 MIDDLE EAST AND NORTH AFRICA SEE PART V 67944697 WIRE 0 1 1 0 1 1 1 0 PART I, LINE 2: MONITORING OF FUNDS THE AMERICAN TECHNION SOCIETY'S DONOR RELATIONS AND STEWARDSHIP DEPARTMENT, IN COORDINATION WITH THE SOCIETY'S FUNDRAISERS AND THE TECHNION'S DIVISION OF PUBLIC AFFAIRS AND RESOURCE DEVELOPMENT, WORKS TO ENSURE THAT THE UNIVERSITY MEETS THE REPORTING AND STEWARDSHIP REQUIREMENTS STIPULATED IN DONOR GIFT AGREEMENTS. THESE MAY INCLUDE: FINANCIAL REPORTS ON HOW FUNDS HAVE BEEN EXPENDED; LETTERS FROM RECIPIENTS OF SCHOLARSHIPS, FELLOWSHIPS AND OTHER STUDENT ASSISTANCE PROGRAMS; LETTERS FROM ACADEMIC CHAIR HOLDERS; REPORTS ON PROGRAM ACTIVITIES AND STATUS/OUTCOME OF RESEARCH PROJECTS; AND PHOTOS OF ONGOING AND COMPLETED CAPITAL PROJECTS. DONORS WHO SUPPORTED LABORATORIES, DORMITORIES AND OTHER CAPITAL INFRASTRUCTURE PROJECTS ARE ENCOURAGED TO ATTEND DEDICATION CEREMONIES AT THE UNIVERSITY. EVERY THREE YEARS, ATS ENGAGES A LOCAL ACCOUNTING FIRM IN ISRAEL TO PERFORM AN AUDIT OF SELECTED GRANTS TO THE UNIVERSITY TO ENSURE COMPLIANCE WITH GRANT REQUIREMENTS AND DONOR RECOGNITION. THE AUDIT REPORT IS REVIEWED AND APPROVED BY THE ORGANIZATION'S AUDIT COMMITTEE. PART III ACCOUNTING METHOD: PART II, LINE 1, COLUMN (D): PURPOSE OF GRANT 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. PART IV: THE AMERICAN TECHNION SOCIETY (ATS) INVESTS DIRECTLY IN VARIOUS ALTERNATIVE INVESTMENTS THAT MAY BE ORGANIZED AS EITHER FOREIGN CORPORATIONS OR FOREIGN PARTNERSHIPS; IT LIKEWISE, INVESTS IN DOMESTIC LIMITED PARTNERSHIPS THAT MAY, IN TURN, INVEST IN FOREIGN CORPORATIONS OR PARTNERSHIPS. NEVERTHELESS, ATS' INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR THE FILING OF FORMS 926, 5471, 8621, OR 8865. TO THE EXTENT THAT ATS IS REQUIRED TO COMPLETE ONE (OR MORE) OF THESE FOREIGN FORMS, THEY ARE FILED WITH THE FORM 990-T FILING. X X X X X X 1 FRESH EYES DIGITAL 2821 N SPAULDING AVE CHICAGO IL 60618 LEAD GENERATION 0 0 210523 -210523 SANKY COMMUNICATIONS 599 11TH AVE 6TH FLR NEW YORK NY 10036 DIRECT MAIL 0 0 100066 -100066 310589 -310589 AK AL AR AZ CA CO CT DC DE FL GA ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY PART I, LINE 2B, COLUMN IV: VARIOUS FUNDRAISERS DISCLOSED ON THE SCHEDULE G REPORT NO RECEIPTS RAISED FROM FUNDRAISING ENDEAVORS; THIS IS A FUNCTION OF THE INSTITUTE NOT DISTINGUISHING AMOUNTS RAISED BY SPECIFIC FUNDRAISER EFFORTS AND NOT BECAUSE THE FUNDRAISERS' SERVICES RAISED NO CONTRIBUTIONS. 1 JACOBS TECHNION-CORNELL INSTITUTE 2 WEST LOOP ROAD NEW YORK NY 10044 464395157 501(C)(3) 736737 0 VARIOUS PROJECTS 1 PART I, LINE 2: GRANTS SENT TO CORNELL UNIVERSITY, FOR THE JACOBS TECHNION CORNELL INSTITUTE (JTCI), REPRESENT 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, IS A 501(C)(3) ORGANIZATION. 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 RECEIVED AND EXEMPT STATUS VERIFIED, APPROVAL OF DONOR ADVISED FUND COMMITTEE IS OBTAINED AND PAYMENT IS PROCESSED FOR THE GRANTEE. ATS SENDS THE PAYMENT WITH A LETTER TO GRANTEE SPECIFYING LIMITATIONS AS TO USE OF THE GRANT, I.E. IT SHOULD NOT PROVIDE ANY PERSONAL BENEFIT TO THE DAF DONOR. X X X 0 0 0 0 0 0 0 1 0 MICHAEL WAXMAN-LENZ CHIEF EXECUTIVE OFFICER 591687 0 38150 0 4903 0 38800 0 4448 0 677988 0 0 0 DAVID CHIVO CHIEF DEVELOPMENT OFFICER 320092 0 35000 0 8118 0 18300 0 27174 0 408684 0 0 0 JEROME KLEINMAN EXECUTIVE DIRECTOR, PRINCIPAL GIFTS 274038 0 0 0 7451 0 16788 0 19531 0 317808 0 0 0 DEBORAH BERKOWITZ CHIEF FINANCIAL OFFICER 239287 0 35000 0 18930 0 15628 0 4592 0 313437 0 0 0 JUDY SAGER EXECUTIVE DIRECTOR, PLANNED GIVING 236563 0 7500 0 2772 0 15380 0 36517 0 298732 0 0 0 MARYELLEN TITANI - EXEC DIR CAMP. OPS. & DONOR RELATIONS 217758 0 35000 0 420 0 13656 0 30575 0 297409 0 0 0 IRV ELENBERG REGIONAL SENIOR DIR. OF DEVELOPMENT 232908 0 6000 0 1198 0 14508 0 29778 0 284392 0 0 0 VICTORIA BUDER EXECUTIVE DIR. OF PRINCIPAL GIFTS 227542 0 7500 0 2772 0 14249 0 31032 0 283095 0 0 0 JANA LITTLETON CHIEF ADVANCEMENT OFFICER 200588 0 30000 0 19920 0 13310 0 8329 0 272147 0 0 0 PAMELA WOHL REGIONAL DIR. OF DEVELOPMENT 194605 0 15000 0 630 0 12746 0 31623 0 254604 0 0 0 KATE YARHOUSE EXECUTIVE DIRECTOR, HR & ADMIN 194206 0 39000 0 2170 0 11795 0 6260 0 253431 0 0 0 PART I, LINE 7 BONUSES WERE PAID OUT DURING THE YEAR THAT CONSTITUTED NON-FIXED PAYMENTS. ALL BONUSES ARE REQUESTED BY SUPERVISORS BASED ON EXTRAORDINARY PERFORMANCE IN THE PAST YEAR, SENIOR LEADERSHIP REVIEWS THE REQUESTS AND A FINAL DECISION IS MADE BY THE CEO. X 31 2994484 PROCEEDS FROM SALE 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). FORM 990, PART I, LINE 1 IMPACT THROUGH THE TECHNION-ISRAEL INSTITUTE OF TECHNOLOGY. FORM 990, PART III, LINE 4A STEWART AND LYNDA RESNICK CENTER FOR SUSTAINABLE PROCESSES AND CATALYSIS A CATALYST INITIATES OR ACCELERATES A CHEMICAL REACTION WITHOUT BEING CONSUMED. THE GOAL OF THE STEWART AND LYNDA RESNICK SUSTAINABILITY CENTER FOR CATALYSIS IS TO DISCOVER AND DEVELOP NEW CATALYSTS FROM NATURALLY ABUNDANT ELEMENTS TO CHANGE THE WAY THAT INDUSTRIES WORLDWIDE USE CHEMICALLY REACTIVE SUBSTANCES TO MAKE THE PRODUCTS THAT ARE CENTRAL TO MODERN LIFE. THE RESNICK CENTER WILL HARNESS THE TECHNION'S STELLAR RESOURCES IN CHEMISTRY, BIOTECHNOLOGY, PHYSICS, BIOLOGY, COMPUTER SCIENCE, CHEMICAL ENGINEERING, MATERIALS ENGINEERING AND FOOD ENGINEERING, BRINGING TOGETHER MORE THAN 100 PROFESSORS FROM THESE DISCIPLINES INTO A SINGLE FACILITY DESIGNED TO ADVANCE CONCEPTS FROM THE LABS INTO APPLIED TECHNOLOGIES. FORM 990, PART III, LINE 4B MARTIN AND GRACE DRUAN ROSMAN HIGH PERFORMANCE COMPUTER DATA CENTER HIGH-PERFORMANCE COMPUTING IS THE APPLICATION OF AN INTERCONNECTED LARGE-SCALE CLUSTER OF POWERFUL COMPUTERS TO SOLVE COMPUTATIONAL PROBLEMS THAT ARE TOO LARGE FOR STANDARD COMPUTERS. SITUATED WITHIN A NEW FOUR-STORY CAMPUS BUILDING, THE MARTIN AND GRACE DRUAN ROSMAN HIGH-PERFORMANCE COMPUTER DATA CENTER WILL HOUSE A CUTTING-EDGE COMPUTING CLUSTER THAT WILL ALLOW WORLD-LEADING RESEARCH IN DEFENSE, JET PROPULSION, IMAGE PROCESSING, CYBERSECURITY, AND MYRIAD OTHER AREAS. THE CENTER WILL FACILITATE INTERNATIONALLY COMPETITIVE RESEARCH IN HIGH-PERFORMANCE COMPUTING. THE BUILDING WILL ADDITIONALLY SERVE AS THE EPICENTER OF THE TECHNION'S COMPUTER DEVELOPMENT AND SUPPORT SERVICES AS WELL AS DATA PROTECTION FUNCTIONS. FORM 990, PART III, LINE 4C STEPHEN KLEIN FACULTY OF AEROSPACE ENGINEERING THE FACULTY OF AEROSPACE ENGINEERING IS A FOCAL POINT OF AEROSPACE RESEARCH IN ISRAEL AND THE ONLY UNIVERSITY DEPARTMENT OF ITS KIND IN THE NATION. THE TECHNION PLANS TO CONSTRUCT A NEW AEROSPACE ENGINEERING BUILDING ALONGSIDE THE NOW-OUTDATED ORIGINAL STRUCTURE, FEATURING A SUBSTANTIAL INCREASE IN SPACE FOR CLASSROOMS, LABORATORIES, AND OFFICES. DESIGNED TO INSPIRE ISRAEL'S FUTURE GENERATIONS OF AEROSPACE ENGINEERS AND RESEARCHERS, THE 40,690 FT. FACILITY WILL OFFER STATE-OF-THE-ART TEACHING AND RESEARCH ENVIRONMENTS. THE FUTURE HOME WILL FEATURE EXPANDED, MODERNIZED FACILITIES, INCLUDING LABORATORIES OUTFITTED WITH THE INSTRUMENTATION NECESSARY TO ENHANCE THE DEVELOPMENT OF ISRAELI SECURITY TECHNOLOGY. FORM 990, PART VI, SECTION A, LINE 1A DELEGATION OF AUTHORITY THE BOARD AUTHORIZES THE FINANCE TRANSACTIONS COMMITTEE TO ACT ON ITS BEHALF ON FINANCIAL MATTERS NOT EXCEEDING $2 MILLION AND TO PROVIDE OVERSIGHT AND COORDINATION OF OTHER BOARD FINANCIAL COMMITTEES. FORM 990, PART VI, SECTION A, LINE 2 FAMILY AND BUSINESS RELATIONSHIPS THE FOLLOWING ARE BOARD MEMBERS WITH BUSINESS OR FAMILY RELATIONSHIPS: DAVID A. POLAK, ROBERT L. POLAK AND JEFF POLAK - FAMILY RELATIONSHIP NATHAN FISCHEL AND FARIBA GHODSIAN-FISCHEL - FAMILY RELATIONSHIP ALAN FORMAN AND JONATHAN SOHNIS - BUSINESS RELATIONSHIP STEVE BERGER AND ILENE BERGER - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 THE FORM 990 IS PREPARED IN CONJUNCTION WITH THE SOCIETY'S EXTERNAL ACCOUNTING FIRM. UPON COMPLETION, THE 990 IS REVIEWED BY THE CFO AND CEO AND A PRESENTATION IS MADE TO THE AUDIT COMMITTEE TO HIGHLIGHT THE 990 INFORMATION PERTINENT TO THAT COMMITTEE'S OVERSIGHT AND GOVERNANCE. ONCE THE AUDIT COMMITTEE HAS APPROVED THE 990 FOR FILING, THE FINAL 990 IS DISTRIBUTED TO THE FULL 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 ANNUALLY TO ALL BOARD MEMBERS, OFFICERS AND MANAGERIAL STAFF. EACH ONE IS REQUIRED TO SIGN AND RETURN THE DISCLOSURE FORM. ATS COUNSEL REVIEWS ANY DISCLOSURES OUT OF THE ORDINARY 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 CEO'S COMPENSATION IS DETERMINED BY A COMMITTEE WHICH IS MADE UP OF THE FOLLOWING OFFICERS OF THE BOARD OF DIRECTORS: CHAIRMAN OF THE BOARD; VICE CHAIRMAN OF THE BOARD; AND PRESIDENT OF THE BOARD. FROM TIME TO TIME THE CHAIRMAN OF THE BOARD MAY CHOOSE TO INCLUDE THE HONORARY CHAIRMAN OF THE BOARD AND/OR CHAIRMAN OF THE HR COMMITTEE. THE CEO'S COMPENSATION IS DETERMINED BY CONTRACT AND INCREASES ANNUALLY ACCORDING TO THE TERMS OF THE CONTRACT. FROM TIME TO TIME, THE COMMITTEE ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT FOR COMPARABILITY DATA AND SUBSTANTIATION. THE COMMITTEE THEN SUBSTANTIATES ITS DECISION WITH A MEMORANDUM WHICH IS SIGNED BY THE PRESIDENT. WITH REGARD TO THE OFFICERS AND KEY EMPLOYEES, FROM TIME TO TIME ATS ENGAGES IN INFORMATION SHARING WITH OTHER NON-PROFITS TO EVALUATE ITS COMPENSATION PACKAGE. IN SOME YEARS ATS IS ABLE TO GATHER THE INFORMATION ANONYMOUSLY. ATS DOES THIS TO CONFIRM THAT ITS SALARIES AND BENEFITS ARE IN LINE WITH THE MARKET. IN 2021, ATS ENGAGED A CONSULTANT TO BENCHMARK ALL OF ATS SALARIES AND SET SALARY RANGES FOR EACH JOB DESCRIPTION. ATS PLANS TO BENCHMARK STAFF SALARIES EVERY TWO YEARS. ATS ALSO REVISITS ANNUALLY SALARIES IN GENERAL AND PERFORMS THE "AGING" PROCESS SO THEY ARE ALIGNED WITH CURRENT ECONOMIC TRENDS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC THE SOCIETY'S FINANCIAL STATEMENTS AND FORM 990 ARE POSTED ON ITS WEBSITE. COPIES OF THE SOCIETY'S OTHER CORPORATE DOCUMENTS, SUCH AS ITS BYLAWS, ARTICLES OF INCORPORATION AND CONFLICTS OF INTEREST POLICY, ARE PROVIDED UPON REQUEST AND AT MANAGEMENT'S DISCRETION. FORM 990, PART XI, LINE 9: CHANGES IN VALUE OF SPILT INTEREST AGREEMENTS 5,811,412. PERPETUAL TRUST (1) ANNUITY FL N/A T 0 PERPETUAL TRUST (1) ANNUITY TX N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1