2014-04-11T10:41:50-07:00 2013-06-30 990 2012-07-01 131623886 AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE INC AMER 2128957900 633 3RD AVENUE 20TH FLOOR NEW YORK NY 10017 Michele Willner 2128957900 2014-04-01 2012 2015-11-30 17:44:51Z MARSHALL LEVIN 633 3RD AVENUE 20TH FLOOR NEW YORK NY 10017 108490000 0 X WWW.WEIZMANN-USA.ORG X 1944 NY THE AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE ORCHESTRATES SUPPORT IN THE UNITED STATES FOR THE VIBRANT WORLD-RENOWNED SCIENTIFIC RESEARCH CENTER AND GRADUATE UNIVERSITY IN ISRAEL. 132 131 85 40 -159000 -213000 51884000 58566000 0 0 16529000 13051000 -8000 -194000 68405000 71423000 53296000 56040000 0 0 9917000 8968000 83000 93000 11249000 6042000 6915000 69338000 72016000 -933000 -593000 591956000 629438000 25169000 26811000 566787000 602627000 TO RAISE FUNDS TO TRANSMIT TO THE WEIZMANN INSTITUTE OF SCIENCE A WORLD RENOWNED SCIENTIFIC RESEARCH CENTER. BASIC RESEARCH BY WEIZMANN INSTITUTE SCIENTISTS BENEFITS PEOPLE EVERYWHERE, NOTABLY IN THE FIGHT AGAINST DISEASE AND HUNGER, PROTECTION OF THE ENVIRONMENT AND DEVELOPMENT OF NEW TECHNOLOGIES FOR ECONOMIC GROWTH. 0 0 48279000 48193000 0 FUNDS WERE TRANSMITTED TO THE WEIZMANN INSTITUTE OF SCIENCE A WORLD RENOWNED SCIENTIFIC RESEARCH CENTER. BASIC RESEARCH BY WEIZMANN SCIENTISTS BENEFITS PEOPLE EVERYWHERE, NOTABLY IN THE FIGHT AGAINST DISEASE AND HUNGER, PROTECTION OF THE ENVIRONMENT AND DEVELOPMENT OF NEW TECHNOLOGIES FOR ECONOMIC GROWTH. 7847000 7847000 0 FUNDS WERE TRANSMITTED TO THE FEINBERG GRADUATE SCHOOL AT THE WEIZMANN INSTITUTE OF SCIENCE FOR SCIENTIFIC AND EDUCATIONAL PURPOSES. 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SchD_P05_S00_L01a Schedule D, Part V, Line 1a BOARD DESIGNATED AND TEMPORARY RESTRICTED FUND BALANCES WERE UPDATED FOR PRIOR YEARS. SchD_P05_S00_L04 Schedule D, Part V, Line 4 THE FUNDS ARE ENDOWED ACCORDING TO DONORS' DESIGNATION OF THE FUNDS AND THE ALLOWABLE SPENDING RATE IS TRANSMITTED TO THE WEIZMANN INSTITUTE WITH INSTRUCTIONS FOR ITS DESIGNATED PURPOSE. SchD_P10_S00_L02 Schedule D, Part X, Line 2 US GAAP REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED ON A MORE LIKELY THAN NOT THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN POSITIONS FOR THE OPEN YEARS. THE EARLIEST TAX PERIOD FOR WHICH STATUE OF LIMITATIONS ARE OPEN IS JUNE 20, 2010. SchD_P11_S00_L04b Schedule D, Part XI, Line 4b THE INVESTMENT EXPENSES ARE NETTED AGAINST REVENUE ON FINANCIAL STATEMENTS, AMOUNTS ARE GROSSED UP ON THE FORM 990. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b THE INVESTMENT EXPENSES ARE NETTED AGAINST REVENUE ON FINANCIAL STATEMENTS, AMOUNTS ARE GROSSED UP ON THE FORM 990. 1 Middle East and North Africa 0 0 Grantmaking TRANSMITTAL 56040000 0 0 56040000 Middle East and North Africa BASIC SCIENTIFIC RESEARCH 56040000 WIRE TRANSFER 0 N/A 2 0 1 0 0 0 0 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 GRANTS ARE TRANSMITTED TO THE WEIZMANN INSTITUTE OF SCIENCE AND THE FEINBERG GRADUATE SCHOOL LOCATED IN REHOVOT, ISRAEL ON MONTHLY BASIS WITH SPECIFICATIONS RELATING TO THE DESIGNATION FOR THE USE OF FUNDS. THE INSTITUTE CONFIRMS THAT THE MONIES ARE USED FOR THE INTENDED PURPOSE. X X X X X X X 1 SANKY COMMUNICATIONS INC 589 8TH AVE NEW YORK NY 10018 PROFESSIONAL FUNDRAISING CONSULTING AND SUPPORT 0 0 93000 -93000 0 93000 -93000 All States CHICAGO ANNUAL GALA 357000 283000 74000 0 0 0 95000 0 118000 NEW YORK GALA 567000 464000 103000 0 0 0 117000 0 179000 4 317000 0 317000 0 0 0 51000 0 128000 1241000 747000 494000 0 0 0 263000 0 425000 688000 -194000 SchG_P01_S00_L02b Schedule G, Part I, Line 2b SANKY COMMUNICATIONS, INC. IS A PROFESSIONAL FUNDRAISING CONSULTANT FOR THE ORGANIZATION AND THERE IS NO DIRECT REVENUE ASSOCIATED WITH THE SERVICES PROVIDED. 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SchK_P05_S00_L00 Schedule K, Part V THE ORGANIZATION IS IN THE PROCESS OF DEVELOPING WRITTEN PROCEDURES GERALD AND LAWRENCE BLUMBERG LLP LAWRENCE BLUMBERG IS PAST CHAIR OF THE ORGANIZATION 74230 LEGAL SERVICES PROVIDED 0 SchL_P04_S00_L00 Schedule L, Part IV LEGAL SERVICES PROVIDED TO THE ORGANIZATION AT A DISCOUNTED RATE X 37 1235751 cost at market 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b THE ORGANIZATION USES THIRD PARTY BROKERAGE FIRM UBS TO PROCESS AND SELL PUBLICLY TRADED SECURITIES DONATED TO ORGANIZATION. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Gary Abramson and Pennie Abramson-husband and wife David Fairweather and Jane Fairweather-husband and wife Vera Guerin and Paul Guerin-husband and wife Phyllis Gurwin and Laura Flug-mother and daughter Gladys Monroy and Larry Marks-husband and wife James Nathan and Ilene Nathan- husband and wife David Shapell and Fela Shapell -husband and wife Theodore Teplow and David Teplow-father and son Elaine Wolfensohn and Adam Wolfensohn-mother and son F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT, GRANT THORNTON AND THE CHAIRMAN OF THE BOARD. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c ON AN ANNUAL BASIS A QUESTIONNAIRE IS SENT OUT TO ALL OFFICERS, DIRECTORS AND TRUSTEES TO IDENTIFY ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS.ALL CONFLICTS WILL BE ADDRESSED BY THE EXECUTIVE COMMITTEE. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS APPROVED AND REVIEWED BY THE EXECUTIVE COMMITTEE FOR REASONABLENESS AS COMPARED TO COMPENSATION PACKAGES OFFERED IN THE NON-PROFIT INDUSTRY BY PEER INSTITUTIONS. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 COPIES OF AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS AND FORM 990 SENT TO DONORS UPON REQUEST. F990_P11_S00_L05 Form 990, Part XI, Line 5 OTHER CHANGES IN NET ASSETS IS UNREALIZED GAIN FOR THE YEAR WEIZMANN INSTITUTE OF SCIENCE PO BOX 26 REHOVOT ISRAEL IS 76100 SCIENTIFIC RESEARCH FOR THE BENEFIT OF HUMANITY IS 501 (C)3 7 N/A 0 FEINBERG GRADUATE SCHOOL OF THE WEIZMANN INSTITUTE 633 THIRD AVE NEW YORK NY 10017 GRADUATE SCHOOL IN THE FIELDS OF SCIENCES AND MATHEMATICS IS 501(C)3 2 N/A 0 CHARITABLE REMAINDER ANNUITY TRUST (18) 633 THIRD AVE NEW YORK NY 10017 ANNUITY TRUST NY N/A T CHARITABLE REMAINDER UNITRUST TRUST (18) 633 THIRD AVE NEW YORK NY 10017 UNITRUST NY N/A T 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 WEIZMANN INSTITUTE OF SCIENCE c 56040000 WEIZMANN GLOBAL ENDOWMENT FUND 110 EAST 42ND STREET NEW YORK NY 10017 INVESTMENT MANAGEMENT NY Related 0 103627000 471033000 0 -159000 0 0.22