irs program accomplishments · form 990 part iii · fy2023
What they reported doing
- #1 primary $4.11MTHE EMERGENCY STUDENT AND SECURITY SUPPORT FUND - SEE SCHEDULE O
- #2 $2.91MTHE ZUCKERMAN STEM LEADERSHIP PROGRAM - SEE SCHEDULE O
named programs · 4 · from sources
What they call their work
Guangdong Technion – Israel Institute of Technology
Joint university in Shantou, China, established with Shantou University and funded by the Li Ka Shing Foundation, focusing on environmental sciences, energy, and human health
Joan & Irwin Jacobs Technion-Cornell Institute
Graduate-level interdisciplinary program in New York City focused on digital technology, entrepreneurship, and industry collaboration, including the Runway Startup Postdoc Program for Ph.D. graduates
Pre-University Program
Academic preparation program for students from underserved communities in Israel to help them succeed at the Technion
Rothman Leadership Program
Leadership development initiative for emerging donors and supporters of the American Technion Society
activities · 6 groups
What they do
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Biomedical Research and Innovation 3 activities
- Defense and medical technology researchConducts research that has produced critical advancements in defense systems and medical technologies.
- Medical and technological research in critical health areasConducts advanced research in cancer, heart disease, and neurodegenerative disorders through an integrated faculty of medicine and technology.
- Research in artificial intelligence and quantum physicsConducts cutting-edge research in artificial intelligence and quantum physics to drive technological innovation.
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International Student Recruitment & Academic Partnerships 1 activity
- Guangdong Technion – Israel Institute of TechnologyEstablished a joint academic institution in Guangdong Province, China, with Shantou University to advance research, education, and innovation.
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Support for Israeli Educational Institutions 1 activity
- Long-term financial and operational support to the TechnionHas contributed over $3 billion since 1940 to fund facilities, dormitories, research, scholarships, and student reservists at the Technion – Israel Institute of Technology.
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Research Facility Management 1 activity
- Operation of a graduate institute in New York CityOperates a graduate-level institute on Roosevelt Island focused on interdisciplinary research aligned with local industry needs.
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College Access and Success Support 1 activity
- Pre-university preparation for underserved studentsOperates a program to prepare students from underserved communities for success in higher education at the Technion.
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Startup Acceleration & Business Growth Support 1 activity
- Runway Startup Postdoc ProgramRuns a postdoctoral training program for recent Ph.D. graduates in digital technology fields to launch startups based on their research.
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financials · form 990 · fy2023
revenue
Total revenue$115.81M
Contributions & grants$98.10M85%
Program service revenue$00%
Investment income$17.71M15%
Other revenue$0
expenses
Total expenses$81.88M
Program expenses74%
Admin / overhead8%
Fundraising17%
Salaries & benefits$13.38M
Grants paid out$58.83M
Largest expense lineCompensation
balance sheet
Total assets$731.56M
Cash$3.74M
Investments$601.62M
Liabilities$45.61M
Net assets$685.95M
Liquid reserves88.7 mo
5 years on record · 2019–2023 · YoY revenue +34.0%
leadership · form 990 part vii · fy2023
Who runs it
paid leadership · 12
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| MICHAEL WAXMAN-LENZ | CHIEF EXECUTIVE OFFICER | 40 | $706K |
| DAVID CHIVO | CHIEF DEVELOPMENT OFFICER | 40 | $418K |
| JUDY SAGER | EXECUTIVE DIR., PLANNED GIVING | 40 | $321K |
| JEROME KLEINMAN | EXECUTIVE DIRECTOR, PRINCIPAL GIFTS | 40 | $315K |
| JEFFREY SUSSMAN | CHIEF COMM. OFFICER (THRU 08/24) | 40 | $312K |
| DEBORAH BERKOWITZ | CHIEF FINANCIAL OFFICER | 40 | $311K |
| MARYELLEN TITANI - EXEC DIR | CHIEF CAMP OPS. & STEWARDSHIP OFF. | 40 | $309K |
| VICTORIA BUDER | EXECUTIVE DIRECTOR, PRINCIPAL GIFTS | 40 | $300K |
| IRV ELENBERG | REGIONAL SENIOR DIR. OF DEVELOPMENT | 40 | $284K |
| JOEY SELESNY | REGIONAL SENIOR DIR. OF DEVELOPMENT | 40 | $281K |
| KATE YARHOUSE | CHIEF PEOPLE OFFICER | 40 | $262K |
| JANA LITTLETON - FORMER PROJECT | LEAD, ANALYTICS & STRATEGY | 40 | $219K |
board members · 13
- AGOTA KUPERMAN — BOARD MEMBER
- ALAN FORMAN — BOARD MEMBER
- ALFRED MUNZER — BOARD MEMBER
- ANDI WOLFE — BOARD MEMBER
- AVRAHAM ASHKENAZI — BOARD MEMBER
- BARBARA DAHL — BOARD MEMBER
- BENNETT RECHLER — BOARD MEMBER
- CAROL B EPSTEIN — BOARD MEMBER
- CATHY DEUTCHMAN — BOARD MEMBER
- CHARLES E LEVIN — BOARD MEMBER
- DAVID A POLAK — BOARD MEMBER
- DAVID LEE RONN — BOARD MEMBER
- DAVID MARCUS — BOARD MEMBER
relationships · 8
Who they work with
- Cornell University Partner — Partnership to operate the Joan & Irwin Jacobs Technion-Cornell Institute on Roosevelt Island.
- Li Ka Shing Foundation Funder — Provided a $130 million grant to support the establishment of the Guangdong Technion – Israel Institute of Technology.
- Shantou University Partner — Joint partnership to establish and operate the Guangdong Technion – Israel Institute of Technology in China.
- Technion Partner — Receives grants and collaborative support from ATS through Board oversight.
- Technion - Israel Institute of Technology Partner — Funds and supports the activities of the Technion - Israel Institute of Technology.
- Technion - Israel Institute of Technology Partner — Primary beneficiary of ATS funding, receiving support for facilities, research, scholarships, and student programs.
- Technion - Israel Institute of Technology Partner — Primary institution supported by ATS through fundraising and advancement efforts.
- Technion-Israel Institute of Technology Partner — Primary beneficiary and institutional partner supported through fundraising and advocacy.
strategies · 5
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Academic-to-Entrepreneurial Pipelinemethodology: academic_to_entrepreneurial_pipelineBy transitioning Ph.D. researchers from academic training into entrepreneurship, we accelerate the commercialization of digital technologies, because structured support and incubation enable deep-tech innovations to reach global markets more effectively.
- High-Leverage Philanthropy Modelmethodology: high-impact philanthropyBy directing philanthropic capital to the Technion, we generate greater social and scientific impact per dollar than comparable U.S. institutions, because the Technion’s funding model and ecosystem amplify donor contributions through efficient resource use and strong research-to-innovation pipelines.
- Integrated Medicine and Engineering Innovationmethodology: integrated medicine and technologyBy integrating engineering and medicine within a single institutional framework, we accelerate medical innovation, because cross-disciplinary collaboration reduces time-to-solution for complex health challenges and enables technology-driven clinical breakthroughs.
- Network-Based Philanthropic Mobilizationmethodology: network-based fundraising and engagementBy mobilizing a nationwide network of donors and leaders to contribute time, talent, and funds, we amplify support for global science and Israel’s development, because engaged communities generate sustained, scalable impact through collective action.
- Science and Technology as Engine of National Developmentmethodology: science-and-technology-driven-developmentBy investing in science and technology education and research at the Technion, we drive economic growth and societal progress in Israel, because technological innovation generates high-impact returns that strengthen the nation's global position and solve real-world problems.