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American Committee For The Weizmann Institute Of Science Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131623886 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Committee For The Weizmann Institute Of Science Inc?

The American Committee for the Weizmann Institute of Science Inc, based in New York City, serves as a vital supporter of the renowned Weizmann Institute of Science in Israel. This nonprofit organization raises funds in the United States for the institute's cutting-edge scientific research and graduate school. With a team of 70 employees, their work contributes significantly to the global community, making advancements in various fields such as cancer research, health and medicine, environmental protection, technology, education, and exploring the physical world. These discoveries improve people's lives and address some of the most pressing challenges confronting humanity. The American Committee for the Weizmann Institute of Science fosters collaborations with leading scientific institutions, medical centers, government agencies, and academic institutions worldwide. Their mission: to inspire a better future for humanity through science.


Official website here: www.weizmann-usa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% - Four-Star out of Four Star Rating

The American Committee for the Weizmann Institute of Science Inc has achieved a perfect score of 100%, reflecting its strong commitment to accountability and financial transparency. The organizational strengths include a fully independent board, robust oversight measures, and a high program expense ratio of over 82%, indicating that a significant portion of their resources is directed toward their mission.

Additionally, the organization demonstrates strong leadership and adaptability, scoring full marks in these areas. It invests effectively in leadership development and maintains an external focus on mobilizing resources, which enhances its operational effectiveness and mission-driven initiatives. The presence of comprehensive policies around conflict of interest, whistleblower protections, and document retention further underscores its commitment to governance.

While the data does not highlight any specific limitations, the transparency and high scores across multiple categories suggest a well-managed organization that prioritizes the integrity of its operations and overall mission effectiveness. Such metrics provide confidence to donors and stakeholders about the organization's ethical standards and impact potential.


This AI summary has been generated from information found on Charity Navigator.

Is American Committee For The Weizmann Institute Of Science Inc legitimate?

American Committee For The Weizmann Institute Of Science Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Committee For The Weizmann Institute Of Science Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $5,087,000
Professional Fundraising Fees: $1,450,000
Other Salaries and Wages: $7,617,000

For more financial information, click here


Official website here: www.weizmann-usa.org

What is the mission statement of American Committee For The Weizmann Institute Of Science Inc?

The American Committee for the Weizmann Institute of Science orchestrates support in the United States for a world-renowned scientific research center and graduate school based in Israel. Their mission is to raise funds to transmit to the Weizmann Institute of Science. This esteemed research institution contributes significantly to scientific advancements, particularly in the areas of cancer research, improving health and medicine, protecting the planet, and enhancing technology. The organization's goal is to promote science for the future of humanity. Through their efforts, they enable researchers at the Weizmann Institute to make groundbreaking discoveries that benefit people everywhere.


Official website here: www.weizmann-usa.org

Who is the CEO of American Committee For The Weizmann Institute Of Science Inc?

David Doneson is the CEO of American Committee For The Weizmann Institute Of Science Inc The CEO's salary of American Committee For The Weizmann Institute Of Science Inc is $644,465 and their total compensation is $755,050.


Official website here: www.weizmann-usa.org

What is the revenue of American Committee For The Weizmann Institute Of Science Inc?

American Committee For The Weizmann Institute Of Science Inc's revenue in 2023 was $130,313,000.


Official website here: www.weizmann-usa.org

Who are the executives of American Committee For The Weizmann Institute Of Science Inc and what are their salaries?

The average compensation at American Committee For The Weizmann Institute Of Science Inc during 2023 was $156,840. There are 81 employees and 46 volunteers at American Committee For The Weizmann Institute Of Science Inc.

Here are 65 key members and their salaries (American Committee For The Weizmann Institute Of Science Inc's CEO's salary is $644,465 and their total compensation is $755,050):


David Doneson (Chief Executive Officer)
  • Compensation: $644,465
  • Related: $0
  • Other: $110,585
John Balbach (Chief Strategy Officer)
  • Compensation: $422,533
  • Related: $0
  • Other: $57,866
Michele Willner (Chief Financial Officer)
  • Compensation: $419,750
  • Related: $0
  • Other: $35,845
Stacy Sulman (Chief Legal Officer)
  • Compensation: $398,549
  • Related: $0
  • Other: $51,228
Elaine Yaniv (Managing Director Leadership Gifts)
  • Compensation: $369,787
  • Related: $0
  • Other: $41,043
Aaron Westfall (Chief Philanthropy Officer- Start On 4/1/22)
  • Compensation: $351,162
  • Related: $0
  • Other: $54,350
Mark Feldman (Senior Vice President Thru 12/31/21)
  • Compensation: $397,400
  • Related: $0
  • Other: $6,370
Bonnie Diamond (Managing Director)
  • Compensation: $346,180
  • Related: $0
  • Other: $50,304
Janis Rabin (Leadership Giving Officer)
  • Compensation: $333,335
  • Related: $0
  • Other: $36,848
Jill Moskowitz (Philanthropic Giving Officer)
  • Compensation: $281,787
  • Related: $0
  • Other: $40,081
Milan Riggs (Managing Director Major Gifts)
  • Compensation: $264,185
  • Related: $0
  • Other: $55,982
Francy Schorr (Chief Human Resources Officer)
  • Compensation: $273,085
  • Related: $0
  • Other: $37,207
Susan Berkowitz (Philanthropic Giving Officer)
  • Compensation: $259,377
  • Related: $0
  • Other: $38,293
Andrew Weissman (Philanthropic Giving Officer)
  • Compensation: $248,999
  • Related: $0
  • Other: $45,545
Louis Venturelli (Director Process And Operations)
  • Compensation: $215,754
  • Related: $0
  • Other: $33,393
Alison Lazareck (Leadership Giving Officer)
  • Compensation: $212,189
  • Related: $0
  • Other: $33,180
Laurie Skriloff (Director Of Finance)
  • Compensation: $210,363
  • Related: $0
  • Other: $22,423
Maura Larkin (Philanthropic Giving Officer)
  • Compensation: $185,622
  • Related: $0
  • Other: $17,793
Lee Brown (Director- Thru 1/14/22)
  • Compensation: $159,342
  • Related: $0
  • Other: $0
Robert H Asher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary M Abramson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mark Alexander (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pennie Abramson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Altman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Anixter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Belfer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naomi Birnbach (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence S Blumberg (Past National Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Crown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Davidson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Ekstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan A Fischer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Gruber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harvey Knell (Vice Chair Financial Resource Development)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Levy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Merlo (Immediate Past National Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ira Mondry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gladys Monroy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew R Morse (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gil Omenn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Romick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marla Schaefer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Schwartz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merry Sherman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Morse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Teplow (National Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Teplow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Weiss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fredda Weiss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Birnbach (Associate Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Perlman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Price (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blythe Brenden (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Cohen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheri Stone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Hunter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Flug (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Geller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lipkin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Marks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Kohlberg (Board Member- As Of 10/24/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Sklare (Board Member- As Of 10/24/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Tepper (Board Member- As Of 10/24/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Wolfe (Board Member- As Of 1/4/23)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.weizmann-usa.org

Where can I find the form 990 for American Committee For The Weizmann Institute Of Science Inc?

American Committee For The Weizmann Institute Of Science Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.weizmann-usa.org

Learn more at the official website: www.weizmann-usa.org

Mission Statement of American Committee For The Weizmann Institute Of Science Inc

The American Committee for the Weizmann Institute of Science Inc. is a dynamic organization that plays a crucial role in raising funds for the esteemed Weizmann Institute of Science, a world-renowned scientific research center situated in Israel. This institution is recognized for its fundamental research in various fields, including cancer, health and medicine, environmental protection, technology advancement, education enrichment, and exploration of the physical world.

By funding the Weizmann Institute, the American Committee contributes significantly to research initiatives that benefit people across the globe. Scientists at the Weizmann Institute have made groundbreaking discoveries, particularly in the fight against cancer, leading to improved health and medicine for millions. Furthermore, their research in protecting our planet, advancing technology, and exploring the physical world have far-reaching implications for humanity.

The American Committee's ultimate mission is to support science for the future of humanity. This mission aligns with the Weizmann Institute's pursuit of knowledge and innovation in scientific research, which has resulted in numerous advancements in various fields. The organization's efforts to raise funds in the United States enable the Weizmann Institute to continue its impactful work and contribute to a better, healthier, and more advanced world.

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Impact




October, 2024

The American Committee For The Weizmann Institute Of Science Inc plays a pivotal role in advancing global scientific research and innovation by facilitating support for the Weizmann Institute of Science in Israel. This organization translates financial contributions into vital resources that empower scientists at the Institute to conduct groundbreaking research across various fields.

By focusing on basic research, the Weizmann Institute addresses some of the most pressing challenges facing humanity, particularly in areas like cancer treatment, health and medicine, environmental protection, technology advancement, and educational enrichment. Collaborating with leading minds from institutions around the world, the Institute’s researchers engage in pioneering studies that yield benefits well beyond national borders, impacting lives globally.

The mission, centered on "science for the future of humanity," underscores a commitment to not only enhance knowledge but also to transform discoveries into tangible solutions aimed at improving quality of life and advancing societal progress. This synergy of fundraising and scientific inquiry fosters a vibrant ecosystem of innovation that addresses complex issues and enriches educational frameworks, ultimately aiming to secure a better future for generations to come.




This information is meant to be a general summary of American Committee For The Weizmann Institute Of Science Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$130,313,000 (2023)
Expenses
$154,481,000 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,690,000
  • Gross Receipts: $157,431,000

Assets and Liabilities:

  • Total Assets: $932,380,000
  • Total Liabilities: $22,964,000
  • Net Assets: $909,416,000

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Organization Details

Founding Year

1944

Principal Officer

David Doneson

NTEE Category

Code: Q113 - International

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