2018-08-14T14:13:43-05:00 2017-09-30 GRANT THORNTON LLP 757 THIRD AVENUE 4TH FLOOR NEW YORK NY 100172013 990 2016-10-01 130434195 American Society for Technion - Israel Institute for Technology Inc % ANITA ENRIQUEZ AMER 2124076300 55 East 59th Street New York NY 100221710 MICHAEL WAXMAN-LENZ Sr. VP, Finance, CFO 2124076300 2018-08-14 true Qi Wen Liang P01270238 2125990100 2018-08-14 2016 2022-09-23 18:48:47Z American Technion Society Jeffrey Richard 55 East 59th Street New York NY 100221710 156471978 false X www.ats.org X 1940 NY TO PROMOTE, ENCOURAGE AND ADVANCE TECHNOLOGICAL, SCIENTIFIC AND INDUSTRIAL HIGHER AND SECONDARY EDUCATION, RESEARCH AND TRAINING IN ISRAEL AND ELSEWHERE. 79 79 90 300 59509 29720 103294031 93677114 0 0 6562246 20455487 -219400 -125825 109636877 114006776 85519737 81332135 0 0 13250391 13262930 302000 397285 12556261 8522999 7920664 107595127 102913014 2041750 11093762 493521906 523573079 35670359 36549093 457851547 487023986 X THE 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 $2.0 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. false false 25957164 25957164 0 THE JOAN AND IRWIN JACOBS TECHNIONCORNELL INSTITUTE: A PARTNERSHIP BETWEEN CORNELL UNIVERSITY AND THE TECHNION-ISRAEL INSTITUTE OF TECHNOLOGY, THE JACOBS TECHNIONCORNELL INSTITUTE IS A KEY COMPONENT OF CORNELL TECH, THE WORLD-CLASS APPLIED SCIENCES CAMPUS THAT OPENED ON NEW YORK CITYS ROOSEVELT ISLAND IN FALL 2017. THE JACOBS INSTITUTE IS DELIVERING A NEW KIND OF MULTIDISCIPLINARY EDUCATION AND RESEARCH, DEDICATED TO PRODUCING ENGINEERS, SCIENTISTS AND TECHNOLOGY EXPERTS WITH REAL-WORLD ENTREPRENEURIAL EXPERIENCE. STUDENTS ENROLLED IN THE TWO-YEAR MASTER OF SCIENCE (M.S.) IN INFORMATION SYSTEMS PROGRAM EARN DUAL MASTER'S DEGREES CONCURRENTLY - ONE FROM CORNELL AND ONE FROM THE TECHNION - IN CONNECTIVE MEDIA AND HEALTH TECH. FACULTY, POSTDOCTORAL ASSOCIATES AND GRADUATE STUDENTS PURSUE BASIC AND APPLIED RESEARCH, IN COLLABORATION WITH INDUSTRY PARTNERS. A PRIORITY IS RESEARCH ON TOPICS WITH POTENTIAL FOR TECHNOLOGY TRANSFER TO ESTABLISHED COMPANIES, OR TO FORM THE BASIS OF ENTREPRENEURIAL VENTURES - WITH AN EYE TOWARD DRIVING ECONOMIC GROWTH IN NYC. THE CAMPUS WILL ALSO HOUSE AN ONSITE STARTUP INCUBATOR AND ACCELERATOR SPACE, AS WELL AS A TECHNOLOGY TRANSFER OFFICE TO ASSIST IN OBTAINING PATENTS AND MOVING TECHNOLOGY FROM THE LAB TO THE MARKETPLACE. 4002900 4002900 0 THE ALFRED MANN INSTITUTE FOR BIOMEDICAL DEVELOPMENT AT THE TECHNION "(AMIT)" WAS ESTABLISHED IN 2006 TO TRANSFORM INNOVATIVE TECHNOLOGIES DEVELOPED BY TECHNION RESEARCHERS INTO MEDICAL DEVICES, PHARMACEUTICALS AND BIOLOGICS THAT CONTRIBUTE TO IMPROVING HUMAN HEALTH WORLDWIDE. AMIT SCREENS AND EVALUATES RESEARCH PROJECTS WITH POTENTIAL FOR COMMERCIAL APPLICATIONS. FOLLOWING POSITIVE FEASIBILITY STUDIES, AMIT MAY ASSEMBLE A TEAM THAT CAN COMMERCIALIZE THE SCIENCE AND LEAD PRECLINICAL AND CLINICAL ACTIVITIES. 2974999 2974999 0 THE HISTOPATHOLOGY CORE AND FACULTY PROJECT RECRUITMENT FUND: BATTLING CANCER BEGINS WITH THE UNDERSTANDING THAT THE DISEASE IS DRIVEN BY A COMBINATION OF GENETIC AND EPIGENETIC CHANGES - THE LATTER ARE PART OF CANCER'S ADAPTATION TO THE MICROENVIRONMENT AND RESPONSE TO THERAPY. WITH THIS COMPLEX SET OF BIOLOGICAL, ENVIRONMENTAL AND BEHAVIORAL FACTORS INFLUENCING CANCER DEVELOPMENT AND RESPONSE TO TREATMENT, AN EFFECTIVE APPROACH TO COMBATING THE DISEASE MUST BE MULTIDISCIPLINARY IN NATURE, DRAWING ON A FULL RANGE OF SKILLS, EXPERTISE AND TOOLS. BRINGING TOGETHER MULTIDISCIPLINARY TEAMS OF LEADING MEDICAL DOCTORS AND SCIENTISTS TO COLLABORATE WITH ENGINEERS FROM A VARIETY OF DISCIPLINES, THE TECHNION INTEGRATED CANCER CENTER (TICC) IS COMBINING BASIC DISCOVERY WITH CLINICAL AND TRANSLATIONAL RESEARCH, TO CULMINATE IN CLINICAL TRIALS. TICC SCIENTISTS ARE DEVELOPING SENSITIVE DIAGNOSTIC TOOLS TO DETECT MALIGNANT LESIONS AT AN EARLY STAGE, DEFINE THEIR GENETIC AND EPIGENETIC CHANGES, AND USE THIS INFORMATION TO CREATE PERSONALIZED THERAPIES THAT WILL BE DELIVERED BY NOVEL DEVICES/APPROACHES DESIGNED TO SELECTIVELY CARRY DRUGS TO THE TUMOR SITE. THE TICC IS COMPRISED OF SEVERAL RESEARCH CORES, INCLUDING THE HISTOPATHOLOGY CORE, WHICH FOCUSES ON THE REAL-TIME CAPTURE, COLLECTION AND DELIVERY OF TUMORS REMOVED IN TICC-AFFILIATED HOSPITALS TO A TUMOR BANK FOR ANALYSIS OF GENETIC AND EPIGENETIC CHANGES. AS PART OF THE TICCS GOAL TO DEVELOP EXPERTISE IN A RANGE OF CANCER-RELATED DISCIPLINES, THE CENTER IS RECRUITING YOUNG SCIENTISTS AND ESTABLISHING AND OUTFITTING THEIR LABORATORIES. RECENT RECRUITS SUPPORTED BY THE CROWN FAMILY FOUNDATION SPECIALIZE IN BIOINFORMATICS, AND RESEARCH ON THE GUT MICROBIOME AND ITS ROLE IN DISEASE. 49236645 48397072 0 Research Grants and Programs (See Sch. O, Pg. 1) 49236645 48397072 0 82171708 true true false false false true false false false true true true false true true true true false false false true true false true true false false true false true false false false false false false false false true false false false false true false false false true 303 0 true 90 true true true true IS false false false true true false false false false false false false X 79 79 true false false false false false false true true false true true true true true true true true true true false CA CT FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OH OR PA RI SC TN UT VA WA WV WI X ANITA ENRIQUEZ 2124076357 55 EAST 56TH STREET New York NY 10022 Nancy Aaronson ASSISTANT SECRETARY 1.0 0.0 X X 0 0 0 Avharam Ashkenazi Board Member 1.0 0.0 X 0 0 0 Rosalyn August Board Member 1.0 0.0 X 0 0 0 Zahava Bar-Nir PRESIDENT 1.0 0.0 X X 0 0 0 Norman Belmonte Board Member 1.0 0.0 X 0 0 0 Evelyn Edith Berger Board Member 1.0 0.0 X 0 0 0 Steve Berger Board Member 1.0 0.0 X 0 0 0 Ilene Berger Board Member 1.0 0.0 X 0 0 0 Scott Myles Black Board Member 1.0 0.0 X 0 0 0 Robert N Brand Board Member 1.0 0.0 X 0 0 0 Marilyn Caplovitz Board Member 1.0 0.0 X 0 0 0 Rena Conner Board Member 1.0 0.0 X 0 0 0 Barbara Dahl Board Member 1.0 0.0 X 0 0 0 Robert A Davidow Board Member 1.0 0.0 X 0 0 0 John Davison Board Member 1.0 0.0 X 0 0 0 Cathy Deutchman Board Member 1.0 0.0 X 0 0 0 Brent Dibner Board Member 1.0 0.0 X 0 0 0 Mark Dorner Board Member 1.0 0.0 X 0 0 0 George Elbaum Board Member 1.0 0.0 X 0 0 0 Steven Emerson Board Member 1.0 0.0 X 0 0 0 Carol B Epstein Board Member 1.0 0.0 X 0 0 0 Rod Feldman SECRETARY 1.0 0.0 X X 0 0 0 Israel Feldman Board Member (Thru Jun '17) 1.0 0.0 X 0 0 0 Irwin S Field Board Member 1.0 0.0 X 0 0 0 Nathan Fischel Board Member 1.0 0.0 X 0 0 0 Edith Fischer Board Member 1.0 0.0 X 0 0 0 Gill Fishman Board Member 1.0 0.0 X 0 0 0 Ruth E Flinkman-Marandy Board Member 1.0 0.0 X 0 0 0 Laura Flug Board Member 1.0 0.0 X 0 0 0 Alan Forman Board Member 1.0 0.0 X 0 0 0 Joseph Freed Board Member 1.0 0.0 X 0 0 0 Mark Gaines Board Member 1.0 0.0 X 0 0 0 Terry N Gardner Board Member 1.0 0.0 X 0 0 0 Sol Glasner Board Member 1.0 0.0 X 0 0 0 Fariba Godshian Board Member 1.0 0.0 X 0 0 0 Edward R Goldberg Board Member 1.0 0.0 X 0 0 0 Solvin Gordon Board Member 1.0 0.0 X 0 0 0 Irwin Gross Board Member 1.0 0.0 X 0 0 0 Tamara Handelsman Board Member 1.0 0.0 X 0 0 0 Robert Hanisee Board Member 1.0 0.0 X 0 0 0 Sandy Hittman Board Member (Thru Dec '16) 1.0 0.0 X 0 0 0 Lawrence S Jackier Board Member 1.0 0.0 X 0 0 0 Martin Kellner Board Member (Thru Sep '17) 1.0 0.0 X 0 0 0 Linda Kovan Board Member 1.0 0.0 X 0 0 0 Theodore H Krengel Board Member 1.0 0.0 X 0 0 0 Agota Kuperman Board Member 1.0 0.0 X 0 0 0 Stephen A Laser Board Member 1.0 0.0 X 0 0 0 Scott Leemaster CHAIRMAN 1.0 0.0 X X 0 0 0 Sid Lejfer ASSISTANT TREASURER 1.0 0.0 X X 0 0 0 Charles E Levin Board Member 1.0 0.0 X 0 0 0 Alfred Munzer Board Member 1.0 0.0 X 0 0 0 Beth S Perlman Board Member 1.0 0.0 X 0 0 0 Michael J Pierce Board Member 1.0 0.0 X 0 0 0 David A Polak Board Member 1.0 0.0 X 0 0 0 Jewel Prince Board Member 1.0 0.0 X 0 0 0 Bennett Rechler Board Member 1.0 0.0 X 0 0 0 David Lee Ronn Board Member 1.0 0.0 X 0 0 0 David Rosenblatt Board Member 1.0 0.0 X 0 0 0 Joel S Rothman VICE CHAIRMAN 1.0 0.0 X X 0 0 0 Kenneth Rubenstein Board Member 1.0 0.0 X 0 0 0 Nina Madden Sabban Board Member 1.0 0.0 X 0 0 0 Ed Satell Board Member 1.0 0.0 X 0 0 0 Joel W Schwartz Board Member 1.0 0.0 X 0 0 0 Joan Seidel VICE CHAIRMAN 1.0 0.0 X X 0 0 0 Arnold Seidel Board Member 1.0 0.0 X 0 0 0 Norman Seiden Board Member 1.0 0.0 X 0 0 0 Les Seskin Board Member 1.0 0.0 X 0 0 0 Mark Sheinkopf Board Member 1.0 0.0 X 0 0 0 Leonard H Sherman Board Member 1.0 0.0 X 0 0 0 Stanley Shirvan Board Member 1.0 0.0 X 0 0 0 Irv Silver Board Member 1.0 0.0 X 0 0 0 Janet Shatz Snyder Board Member 1.0 0.0 X 0 0 0 Jonathan Sohnis Board Member 1.0 0.0 X 0 0 0 Eric Stein Board Member 1.0 0.0 X 0 0 0 Senator Paul B Steinberg TREASURER 1.0 0.0 X X 0 0 0 Janey Sweet Board Member 1.0 0.0 X 0 0 0 Bernice R Tanenbaum Board Member 1.0 0.0 X 0 0 0 Ira Taub Board Member 1.0 0.0 X 0 0 0 Debbie Vanderveer Board Member 1.0 0.0 X 0 0 0 Michael Veloric Board Member 1.0 0.0 X 0 0 0 Mauro Wjuniski Board Member 1.0 0.0 X 0 0 0 Andi Wolfe Board Member 1.0 0.0 X 0 0 0 Jeffrey Richard Executive Vice President 40.0 0.0 X 523004 0 77863 Michael Schementi Sr. VP, Finance (Thru Jan '17) 40.0 0.0 X 322302 0 69301 Michael Waxman-Lenz Sr. VP, Finance(As of Jan '17) 40.0 0.0 X 0 0 0 Dave Doneson Sr. VP Resource Development 40.0 0.0 X 330204 0 39441 Tova Kantrowitz Sr. VP, External Relations 40.0 0.0 X 214343 0 84576 Sara Swisher-Anderson VP - Operations and Admin 40.0 0.0 X 201738 0 20431 Mark Hefter Associate VP, Planned Giving 40.0 0.0 X 237006 0 84960 Jerome Kleinman Associate VP, Principal Gifts 40.0 0.0 X 254925 0 51649 David Chivo Regional Director 40.0 0.0 X 210288 0 75582 Jessica Feldan Regional Director (Thru 7/17) 40.0 0.0 X 201573 0 81295 Joel Berkowitz Regional Director (Thru 8/17) 40.0 0.0 X 206151 0 55445 Melvyn Bloom Former EVP Emeritus 40.0 0.0 X 786631 0 58992 3488165 0 699535 35 true true false Grant Thornton LLP 757 3rd Avenue 9 NEW YORK NY 10017 Audit 270375 Prime Buchholz Associates 273 Corporate Drive PORTSMOUTH MA 03801 Investment Advisory 243274 The Helen Brown Group 489 Mt Auburn St 4 WATERTOWN MA 02472 Prospect research 216000 Phil Company 833 Broadway 3rd Floor NEW YORK NY 10003 Marketing 189079 Alliance Bernstein 1 North Lexington Avenue 16 Floor WHITE PLAINS NY 10601 Investment Advisory 119470 5 254900 93422214 1478070 93677114 0 7885862 59509 7826353 0 0 0 0 0 54871552 42301927 12569625 12569625 12569625 37450 254900 163275 -125825 -125825 0 0 0 0 0 0 0 114006776 59509 20270153 25997637 25997637 0 55334498 55334498 0 2487611 140950 1430243 916418 0 8134483 446992 2154287 5533204 759417 30066 223140 506211 1210859 55486 337567 817806 670560 35760 226974 407826 0 126844 126844 236957 236957 0 397285 397285 1101855 1101855 1000526 1000526 1318492 4971 86907 1226614 481591 2645 160693 318253 0 0 874619 7044 132643 734932 794497 87284 160168 547045 0 188015 28375 159640 220410 220410 0 442055 231087 210968 230202 230202 CAMPAIGN EVENTS 761961 761961 EQUIP. RENTAL & MAINTENANCE 112472 112472 OTHER EXPENSES 30168 12070 18098 102913014 82171708 8185045 12556261 3133406 2085626 272423 458795 85049855 71843105 0 0 0 0 0 0 45043427 44522617 0 0 3263024 3214084 16764490 9044583 8073190 7719907 193392882 213003825 124005359 144700701 0 0 0 0 31288340 36024419 493521906 523573079 4800424 4689193 2192090 1947282 0 0 0 0 0 0 0 0 11300000 11300000 0 0 17377845 18612618 35670359 36549093 X 11525732 11763129 135569378 152040083 310756437 323220774 457851547 487023986 493521906 523573079 11093762 18078677 X false true X true false X 78732133 71504952 80177368 103294031 93677114 427385598 0 0 78732133 71504952 80177368 103294031 93677114 427385598 89538432 337847166 8006914 8132722 10346541 8915200 7826353 43227730 68244 0 11467 0 29720 109431 29600 34800 44550 218200 37450 364600 471087359 0.71717 0.74276 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10 7000 40474 1255860 true true 325279216 25899337 34601387 10584662 7478015 367717263 298497366 15993136 25687708 10693827 3663 4201504 325279216 308056049 10144498 -12228918 4451492 213688 2809083 298497366 299991779 8487251 19711660 12397482 7737159 308056049 293148146 9931869 14257109 9952457 7392888 299991779 0.00000 0.87800 0.12200 true false 12809811 5354153 7455658 3954679 3690430 264249 7719907 ALTERNATIVE INVESTMENTS 113725114 F ISRAEL BONDS 22204804 F HIGH YIELD & OTHER FIXED INCOM 8061507 F MUNICIPAL BONDS 709276 F 144700701 BENEFICIAL INTERESTS IN TRUSTS 32908849 LIFE INSURANCE POLICIES 2490910 OTHER RECEIVABLES 624660 36024419 0 ANNUITY OBLIGATIONS 18612618 18612618 X 130829017 18078677 -154581 17924096 112904921 1101855 1101855 114006776 101656578 101656578 1101855 154581 1256436 102913014 ENDOWNMENT FUNDS SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE FOLLOWING PROGRAM SERVICE PROJECTS AT THE TECHNION UNIVERSITY: SCHOLARSHIPS; FELLOWSHIPS; RESEARCH; STUDENT LOANS AND AID; PROFESSORIAL CHAIRS; LECTURESHIPS; PRIZES; BOOKS AND BUILDING MAINTENANCE. A PORTION OF THE EARNINGS OF THE ENDOWMENT FUND IS USED TO SUPPORT THE OPERATING COST OF THE ORGANIZATION. FIN 48 PART X, LINE 2 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 Internal Revenue 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. REVENUE RECONCILIATION PART XI, LINE 2D Reclass of Gala Expenses ($154,581) EXPENSE RECONCILIATION PART XII, LINE 4B Reclass of Gala Expenses $154,581 true Middle East and North Africa Grantmaking 55334498 Central America and the Caribbean Investments 58107844 Middle East and North Africa Investments 21769824 135212166 135212166 Middle East and North Africa SEE PART V 55334498 Wire 1 true false true true true false SCHEDULE F, PART I, LINE 1 THE SOCIETY'S FUNDRAISERS WITH THE SUPPORT OF DESIGNATED STAFF/DEPARTMENTS ARE RESPONSIBLE FOR MONITORING THE UNIVERSITY'S COMPLIANCE WITH THE GRANT REQUIREMENTS. THE GRANTS COMPLIANCE MANAGER KEEPS TRACK OF UNIVERSITY'S COMPLIANCE WITH DONOR REQUIREMENTS FOR MAJOR PROJECTS IN LIAISON WITH THE REGIONAL FUNDRAISING STAFF. THIS INCLUDES OBTAINING ON A REGULAR BASIS ANY OF THE FOLLOWING: CASH FLOWS, BUDGET REPORTS AND REPORTS ON THE ACTUAL USE OF FUNDS, ACKNOWLEDGMENT LETTERS FROM RECIPIENTS OF SCHOLARSHIPS, FELLOWSHIPS AND OTHER STUDENT ASSISTANCE PROGRAMS, REPORTS ON THE ACTIVITIES AND STATUS/OUTCOME OF RESEARCH PROJECTS AND ACADEMIC CHAIRS, AND PHOTOS OF ONGOING AND COMPLETED CAPITAL PROJECTS. DONORS WHO SUPPORTED LABORATORIES, DORMITORIES AND OTHER CAPITAL INFRASTRUCTURE PROJECTS ARE ENCOURAGED TO ATTEND GROUNDBREAKING AND/OR INAUGURATION 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 THAT GRANT REQUIREMENTS AND DONOR RECOGNITION ARE PROPERLY COMPLIED WITH. THE AUDIT REPORT IS REVIEWED AND APPROVED BY THE ORGANIZATION'S AUDIT COMMITTEE. SCHEDULE F, PART II, LINE I, COLUMN (D) 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. SCHEDULE F, 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 true Sequoia Productions 3685 Motor AvenueSuite 250 Los Angeles CA 90034 LA Gala false 148785 148785 0 The Helen Brown Group 48 Summer Street Suite 2 Watertown MA 02472 Prospect Research false 216000 216000 0 Marshall Haber Creative Group Inc 231 West 29th Street 1407 New York NY 10001 Direct Mail & Marketing false 25000 25000 0 Relationship Science LLC PO Box 347989 Pittsburgh PA 152514989 Prospect research false 7500 7500 0 397285 397285 0 AZ CA CO CT DE DC FL GA HI ID IL IN IA KS KY ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY L.A. Gala 216250 186500 29750 69535 14130 43162 NE Dinner 76100 68400 7700 1000 33223 2225 0 292350 254900 37450 1000 102758 14130 45387 163275 -125825 PART I, LINE 2B Professional Fundraising fees as reported in the Form 990, Schedule G do not tie to the Form 990, Part IX, Line 11(e) because a portion of the expenses paid to Sequoia Productions ($126,827) are reported as an offset to gala revenue in Form 990, Part VIII, Line 8(b). The amounts reported in Schedule G for Sequoia Productions represent both professional fundraising fees and fundraising/gala expenses. 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. Part II, Column A, Line 9 Facility Expenses related to the organizations L.A. Gala could not be distinguished from other event expenses and are, accordingly, reported on Part II, column (a), Line (9). true Jacobs Technion-Cornell Institute 111 8th Ave Suite 302 New York NY 10011 464395157 501(C)(3) 25957164 Various Projects Harvard School of Dental Medic 188 Longwood Ave Boston MA 02112 042103580 501(C)(3) 6000 Research Jewish National Fund 8698 EAlberto Dr Scottsdale AZ 85258 131659627 501(C)(3) 15000 Incubator Farm Loan program 3 SCHEDULE I, 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 CHECK IS CUT FOR THE GRANTEE. ATS SENDS CHECK 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 true true X X X X true true false false false false false true false Melvyn Bloom Former EVP Emeritus 168830 0 25000 0 592801 0 17083 0 41909 0 845623 0 312704 0 Jeffrey Richard Executive Vice President 496295 0 25000 0 1709 0 23283 0 54580 0 600867 0 0 0 Michael Schementi Sr. VP, Finance (Thru Jan '17) 309838 0 0 0 12464 0 42950 0 26351 0 391603 0 0 0 Dave Doneson Sr. VP Resource Development 317018 0 12500 0 686 0 12104 0 27337 0 369645 0 0 0 Tova Kantrowitz Sr. VP, External Relations 205679 0 6600 0 2064 0 27000 0 57576 0 298919 0 0 0 Mark Hefter Associate VP, Planned Giving 212735 0 2500 0 21771 0 29823 0 55137 0 321966 0 0 0 Jerome Kleinman Associate VP, Principal Gifts 247960 0 0 0 6965 0 22810 0 28839 0 306574 0 0 0 David Chivo Regional Director 209565 0 0 0 723 0 20386 0 55196 0 285870 0 0 0 Jessica Feldan Regional Director (Thru 7/17) 200541 0 0 0 1032 0 25564 0 55731 0 282868 0 0 0 Joel Berkowitz Regional Director (Thru 8/17) 190967 0 0 0 15184 0 32149 0 23296 0 261596 0 0 0 Sara Swisher-Anderson VP - Operations and Admin 181357 0 20000 0 381 0 16586 0 3845 0 222169 0 0 0 PART I, LINE 1A - TAX INDEMNIFICATION AND GROSS-UP PAYMENTS THE EVP EMERITUS RECEIVES MINIMAL TAX INDEMNIFICATION PAYMENT BASED ON HIS EMPLOYMENT CONTRACT. AMOUNT IS INCLUDED IN THE EXECUTIVE'S GROSS COMPENSATION. PART I, LINE 4A Regional Director, Joel Berkowitz, received a severance payment in August of 2017 and Senior VP of Finance, Michael Schementi, received a severance payment in January of 2017. These severance payments are reported in their respective 2017 Form W-2s and shall be reported on the organization's next Form 990. PART I, LINE 4B Melvyn Bloom, EVP Emeritus, received $573,685 during calendar year 2016 related to his rabbi trust account. Of this amount, $312,704 represents prior year ATS contributions to the rabbi account that were previously reported in prior years' Form 990 and became taxable during calendar year 2016. PART I, LINE 7 BONUSES WERE PAID OUT DURING THE YEAR THAT CONSTITUTED NON FIXED PAYMENTS. The executive vice president's bonus is determined by the management committee made up of the president and other key members of the board of directors. All other bonuses are requested by supervisors based on extraordinary performance in the past year and a final decision is made by the executive vice president. X 57 1478070 Proceeds from sale false true false PART III, LINE 4D OTHER PROGRAM SERVICES THE TECHNION IS KNOWN FOR ITS WORLD-CLASS RESEARCH IN A RANGE OF AREAS INCLUDING BIOTECHNOLOGY, BIOMEDICAL ENGINEERING, CANCER, COMPUTER SCIENCE, ELECTRICAL ENGINEERING, THE LIFE SCIENCES, NANOTECHNOLOGY, AUTONOMOUS SYSTEMS, STEM CELLS AND REGENERATIVE MEDICINE, AND WATER RESOURCES/RECLAMATION. IN 2017, THE AMERICAN TECHNION SOCIETY PROVIDED FUNDING FOR THE TECHNION INTEGRATED CANCER CENTER AND RESEARCH IN AREAS INCLUDING ALTERNATIVE FUELS AND RENEWABLE ENERGY RESOURCES; NEURODEGENERATIVE DISEASES SUCH AS ALZHEIMERS AND PARKINSONS; AND SECURITY AND DEFENSE. ATS DONORS FUND FELLOWSHIPS FOR MASTERS AND DOCTORAL STUDENTS WITH STRONG ACADEMIC RECORDS, AS WELL AS FELLOWSHIPS FOR POSTDOCTORAL CANDIDATES PURSUING RESEARCH. ANOTHER TOP TECHNION PRIORITY IS FACULTY RECRUITMENT AND RETENTION, AND ATS SUPPORTERS ARE INSTRUMENTAL IN PROVIDING THE LABORATORY FACILITIES, STATE-OF-THE-ART EQUIPMENT, TECHNICAL SUPPORT AND NECESSARY RESOURCES FOR CONDUCTING BREAKTHROUGH WORK. THEY ALSO PROVIDE SUPPORT FOR CAPITAL PROJECTS, SUCH AS RENOVATING THE CAMPUS VISITORS CENTER, AND CONSTRUCTING DORMITORY HOUSING FOR UNDERGRADUATE AND GRADUATE STUDENTS. THE NEWEST ON-CAMPUS RESIDENCE, THE UNDERGRADUATE STUDENT VILLAGE, OPENED IN 2017. 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. PART VI, SECTION A, LINE 2 FAMILY AND BUSINESS RELATIONSHIPS THE FOLLOWING ARE BOARD MEMBERS WITH BUSINESS OR FAMILY RELATIONSHIPS: ALAN FORMAN & JONATHAN SOHNIS - BUSINESS RELATIONSHIP ARNOLD & JOAN SEIDEL - FAMILY RELATIONSHIP STEVE & ILENE BERGER - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 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 Senior VP/CFO and Executive V.P. 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 DISCLOSURES 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, LINES 15A & 15B PROCESS FOR DETERMINING COMPENSATION FOR TOP MANAGEMENT OFFICIAL AND OTHER KEY EMPLOYEES IN 2017 ATS ENGAGED AN INDEPENDENT PROFESSIONAL CONSULTANT TO CONDUCT A THOROUGH ASSESSMENT AND REVIEW OF VARIOUS ASPECTS OF ATS' OPERATIONS WITH THE GOAL OF ALIGNING THE ORGANIZATION'S OPERATIONAL STRUCTURE WITH ITS STRATEGIC PLAN. ATS' COMPENSATION AND BENEFIT OFFERINGS WERE COMPARED WITH THOSE OF ITS PEER INSTITUTIONS IN A COMPARABLE GEOGRAPHIC MARKET, GATHERED FROM A VARIETY OF INDEPENDENT THIRD PARTIES. THIS COMPENSATION REVIEW IS INSTRUMENTAL TO ENABLING ATS TO REMAIN COMPETITIVE IN RECRUITING AN EMPLOYEE WORKFORCE AND IN MOTIVATING EMPLOYEES FOR SUCCESS. THE EXECUTIVE VICE PRESIDENT'S (CEO) COMPENSATION IS DETERMINED BY A COMMITTEE WHICH IS MADE UP OF THE FOLLOWING OFFICERS OF THE BOARD OF DIRECTORS: CHAIRMAN OF THE BOARD; VICE CHAIRMEN 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 PERSONNEL 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. FORM 990, PART VI, SECTION C, LINE 19 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. Charitable remainder trust(1) N/A Perpetual Trust (1) NA false false false false false false false false false false false false false false false false false false true Perpetual Trust (1) S 69522 CASH