American Technion Society

Legal name: American Society for Technion Israel Institute of Technology Inc

Nonprofit profile at a glance

EIN
130434195
IRS 990 coverage
2009–2024
Official website data refreshed
Aug 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
New York, NY, United States
Phone
212.407.6300
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Development
Affiliation
Judaism

Official website

Reported finances

Revenue
$122,681,563
Expenses
$103,208,692
Assets
$797,563,780
Liabilities
$42,856,483

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

80 people listed

Executive titles in this filing

  • MARK GAINES (PRESIDENT)
  • MICHAEL WAXMAN-LENZ (CHIEF EXECUTIVE OFFICER)
  • VICTORIA BUDER (EXECUTIVE DIRECTOR, PRINCIPAL GIFTS)

Highest reported compensation

  • MICHAEL WAXMAN-LENZ (CHIEF EXECUTIVE OFFICER): $686,087 total reported compensation
  • DAVID CHIVO (CHIEF DEVELOPMENT OFF.(THRU 10/2024)): $676,807 total reported compensation
  • JUDY SAGER (EXECUTIVE DIR., PLANNED GIVING): $325,601 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The American Technion Society (ATS) is a community of dreamers, innovators, and supporters united by one mission: transforming Israel and the world through science and discovery. Since 1940, Americans have contributed more than $3 billion to the Technion to build state-of-the-art facilities and dormitories, fuel revolutionary research, fund scholarships, support student reservists, and more. Together, we’re not just funding progress, we’re shaping Israel’s future. Learn more about how you can make a difference. Join Our Community of Changemakers No other institution can match the Technion’s contributions to the State of Israel. And no investment will make a bigger impact on Israel’s future t.

What it reported doing in 2024

The technion is known for world-leading research in a range of areas: aerospace engineering, biotechnology, biomedical engineering, cancer, computer science, electrical engineering, medicine, quantum engineering, robotics, sustainability, and energy/water. In 2025, the american technion society provided funding for the zuckerman stem leadership program, the millicent broadwin support for undergraduates/graduate students, the martin & grace druan rosman high-performance computing data center, renovation of the horace w. Goldsmith building, catalysis center infrastructure equipment, the technion fund, fund for the center for high-speed flight, the edith and richard witrofsky memorial dormitory fund, and the undergraduate student village.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 72
  • Accountability: 100
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.5%; rating input score 82
  • Program expense ratio: 79.4%; rating input score 79
  • Fundraising efficiency: $6.76 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 31st percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Pass
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 99%; rating input score 99; 37th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 15.9%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 7.73; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: -0.1% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 1.8% per year; rating input score 100; 13th percentile among comparable filings
  • Asset growth: 3.2% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 81.5% of revenue deployed · 79.4% of spending went to programs
  • Governance: 64 of 64 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $81.9M in reported program spending
  • Leadership: top reported pay $686K · 80 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.3M reported
  • Consistency: 43 of 44 current checks pass · 1 finding to review
  • Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.