American Committee For The Weizmann Institute Of Science Inc

Organization Overview

American Committee For The Weizmann Institute Of Science Inc is located in New York, NY. The organization was established in 1947. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2021, American Committee For The Weizmann Institute Of Science Inc employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Committee For The Weizmann Institute Of Science Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, American Committee For The Weizmann Institute Of Science Inc generated $135.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $92.5m during the year ending 06/2021. While expenses have increased by 4.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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 SCHOOL IN ISRAEL.

Describe the Organization's Program Activity:

FUNDS WERE TRANSMITTED TO THE WEIZMANN INSTITUTE OF SCIENCE, A WORLD-RENOWNED SCIENTIFIC RESEARCH CENTER. BASIC RESEARCH BY WEIZMANN INSTITUTE SCIENTISTS BENEFITS PEOPLE AROUND THE WORLD, NOTABLY IN FIGHTING CANCER, IMPROVING HEALTH AND MEDICINE, PROTECTING OUR PLANET, ADVANCING TECHNOLOGY, ENRICHING EDUCATION, AND EXPLORING THE PHYSICAL WORLD. OUR SCIENTISTS WORK WITH THE BRIGHTEST MINDS ACROSS THE GLOBE, FROM SCIENTIFIC INSTITUTES AND MEDICAL CENTERS TO GOVERNMENT AGENCIES AND ACADEMIC INSTITUTIONS, AS THEY SEARCH FOR THE ANSWERS TO THE MOST CHALLENGING QUESTIONS FACING HUMANKIND. OUR MISSION IS SCIENCE FOR THE BENEFIT OF HUMANITY.


FUNDS WERE TRANSMITTED TO THE FEINBERG GRADUATE SCHOOL AT THE WEIZMANN INSTITUTE OF SCIENCE FOR SCIENTIFIC AND EDUCATIONAL PURPOSES. THE FEINBERG GRADUATE SCHOOL'S PURPOSE IS TO CONDUCT, OPERATE AND MAINTAIN A GRADUATE SCHOOL FOR THE STUDY OF NATURAL SCIENCES AND MATHEMATICS. SINCE ITS ESTABLISHMENT IN 1958 AS THE ACADEMIC ARM OF THE WEIZMANN INSTITUTE OF SCIENCE RESPONSIBLE FOR ALL STUDENT AND POSTDOCTORAL AFFAIRS, THE FEINBERG GRADUATE SCHOOL HAS ESTABLISHED ITS REPUTATION AS A MULTIDISCIPLINARY CENTER WHERE STUDENTS STRIVE TO THE HIGHEST LEVELS OF KNOWLEDGE AND UNDERSTANDING, UNDER THE GUIDANCE OF CREATIVE AND ORIGINAL RESEARCHERS IN THE NATURAL SCIENCES AND MATHEMATICS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sanky Communications
Fundraising Consulting
$276,400
Community Counseling Services Llc
Fundraising Consulting
$430,800
Furman Roth Inc
Advertising
$557,000
Sandhurst Associates Sandhurst Associates
Maintenance Services
$207,900
Grant Thorton Llp
Accounting Services
$171,900
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$51,000
Related organizations$13,338,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$73,228,000
Noncash contributions included in lines 1a–1f $2,506,000
Total Revenue from Contributions, Gifts, Grants & Similar$86,617,000
Total Program Service Revenue$0
Investment income $7,497,000
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $41,617,000
Net Income from Fundraising Events -$15,000
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $135,716,000

Grants Recieved

Over the last fiscal year, we have identified 3 grants that American Committee For The Weizmann Institute Of Science Inc has recieved totaling $80,500.

Awarding OrganizationAmount
Marc E Leland Foundation

Boston, MA

PURPOSE: UNRESTRICTED

$75,000
Hyman Levine Family Foundation Ldor Vdor

Beverly Hills, CA

PURPOSE: CHARITY/EDUCATION

$5,000
The Morrow Foundation Inc

West Palm Beach, FL

PURPOSE: TO SUPPORT CHARITABLE ENDEVORS

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$628,389,000
Earnings$175,440,000
Net Contributions$95,000
Other Expense$26,117,000
Ending Balance$777,807,000

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