Weizmann Chairs And Scholarships Endowment Inc

Organization Overview

Weizmann Chairs And Scholarships Endowment Inc is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Weizmann Chairs And Scholarships Endowment Inc generated $15.1m in total revenue. All expenses for the organization totaled $3.0m during the year ending 06/2020.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION BENEFITS THE WEIZMANN INSTITUTE OF SCIENCE ("INSTITUTE"). SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION MAKES GRANTS TO THE INSTITUTE IN SUPPORT OF THE INSTITUTE'S CHARITABLE, EDUCATIONAL, SCIENTIFIC, AND LITERARY ACTIVITIES, PARTICULARLY, BUT NOT EXCLUSIVELY, TO FUND PROFESSIONAL CHAIRS. SEE SCHEDULE O FOR MORE INFORMATION.


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Board, Officers & Key Employees

Name (title)Compensation
Lewis Bernard
Chair & Director
$0
Amy Wagner
Executive Director & Secretary
$0
Haim Harari
Director
$0
Ron Milo
Director
$0
Doron Cohen
Director
$0
Steven Romick
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $1,946,993
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $13,149,576
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,096,569

Endowment Analysis

Beg. Balance$723,088,227
Earnings$8,147,415
Grants$2,892,156
Ending Balance$728,343,486

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